Ameriprise Financial, Inc.

(NYSE:AMP)

Ameriprise Financial, Inc. is a financial services company that offers financial solutions to individual and institutional clients. The Company operates in five segments: Advice & Wealth Management; Asset Management; Annuities; Protection, and Corporate & Other. The Company uses Ameriprise Financial as its enterprise brand, as well as the name of its advisor network and certain of its retail products and services. The retail products and services that use the Ameriprise Financial brand include those that it provides through its advisors (financial planning, investment advisory accounts and retail brokerage services) and products and services that the Company markets directly to consumers or through affinity groups (personal auto and home insurance). The Company uses its RiverSource brand for its annuity and protection products issued by the RiverSource Life companies, including its life and disability income insurance products.

$178.81 1.24 (0.70%)

Quote Date: Jan 19, 4:16PM EST

Data delayed 15 minutes
Currency in USD

AMP News

    Ameriprise Financial reports Q3 ops EPS $3.53, consensus $2.79


    Reports Q3 revenue $3B, consensus $2.99B.

    AMP10/24 16:13 EDT

    Columbia Threadneedle Investments to acquire Lionstone Investments


    Columbia Threadneedle Investments, the global asset management group of Ameriprise Financial, announced an agreement for Columbia Management Investment Advisers to acquire Lionstone Partners. Lionstone specializes in investment strategies based upon proprietary analytics and manages approximately $6B in assets. The acquisition will extend Columbia Threadneedle's investment capabilities into U.S. real estate, an important asset class that is projected to attract increasing allocations from both institutional and retail investors. Lionstone will accelerate its evolution as an advanced analytics firm, gaining access to the broader asset gathering, client service and research capabilities of Columbia Threadneedle, while benefiting from the financial strength of Ameriprise Financial. The acquisition will expand Columbia Threadneedle's offerings across the alternatives asset management category. It adds complementary real estate capabilities to the firm's $10.5B U.K. property business and further develops its multi-asset solution capabilities. Lionstone will retain its brand name and identity within Columbia Threadneedle as well as its Houston headquarters. The executive team will remain in place. The company did not disclose terms of the acquisition. The transaction is expected to close later this year.

    AMP9/20 08:33 EDT

    DOL proposes 18 month delay for parts of fiduciary rule, Bloomberg reports


    The Department of Labor has proposed to delay by 18 months several portions of the fiduciary rule, including the best interest contract exemption, according to Bloomberg, citing court documents regarding a suggestion made to the Office of Management and Budget. Companies involved in the brokerage, asset management and retirement industry include American Equity (AEL), Brighthouse Financial (BHF), Lincoln National (LNC) and Prudential (PRU), LPL Financial (LPLA), Raymond James (RJF), Ameriprise (AMP), Primerica (PRI) and Voya Financial (VOYA). [Reference Link]:Link

    AEL;BHF;LNC;PRU;LPLA;RJF;AMP;PRI;VOYA8/10 09:22 EDT

Data At A Glance (Annual)


  TTM 2017201620152014
Revenue (Millions) $11,973$8,901$11,735$12,193$12,261
Brokerage Cash Balance (Millions) $25,597$25,597$26,765$23,491--
Consolidated Investment Entities Income (Millions) $145$79$155$231$157
Cost of Revenue Expense (Millions) -$0-$0-$0-$0-$0
Current Assets (Millions) -$0-$0-$0-$0-$0
Current Debt (Millions) $201$201$200$200$200
Current Liabilities (Millions) -$0-$0-$0-$0-$0
Deferred Taxes (Millions) -$64-$64$13-$108$303
DISTRIBUTION FEES (Millions) 430430457458484
EBITDA (Millions) -$0-$0-$0-$0-$0
Financing Cash Flow (Millions) -$1,849-$1,286-$1,131-$2,318-$1,657
Free Cash Flow (Millions) $1,294$1,054$1,879$2,439$2,286
Goodwill (Millions) -$0-$0-$0-$0-$0
Gross Profit (Millions) -$0-$0-$0-$0-$0
Interest Expense (Millions) $206$154$241$410$321
Investing Cash Flow (Millions) -$544-$106-$804-$514-$715
Investment Fixed Maturities Income (Millions) $1,352$1,012$1,368$1,403$1,478
Net Income (Millions) $1,699$1,299$1,314$1,562$1,619
Net Interest Income (Millions) -$0-$0-$0-$0-$0
Net Investment Income (Millions) $1,785$1,299$1,576$1,688$1,741
Operating Income (Millions) $2,127$1,648$1,614$2,142$2,547
Realized Investment Gains Income (Millions) $46$35$6$4$37
Research & Development (Millions) -$0-$0-$0-$0-$0
Selling, General & Administrative Expense (Millions) $6,336$4,749$6,179$6,358$6,331
Share Count (Millions) 148148155171183
Total Assets (Millions) $145,486$145,486$139,821$145,342$148,810
Total Assets Under Administration (Millions) $177,203$177,203$157,742$147,677$147,560
Total Assets Under Management (Millions) $692,252$692,252$629,630$629,058$658,617
Total Debt (Millions) $5,370$5,370$5,436$10,446$10,129
Total Equity (Millions) $6,305$6,305$6,292$7,217$8,124
Total Liabilities (Millions) $139,181$139,181$133,529$138,125$140,686
Advice & Wealth Management All other Revenue (Millions) $79$59$73$73$72
Advice & Wealth Management Allocated Capital (Millions) $707$707$637$543$510
Advice & Wealth Management Assets Under Management (Millions) $233,890$233,890$199,712$179,574$168,088
Advice & Wealth Management Banking & Deposit Interest Expense (Millions) $44$34$39$30$28
Advice & Wealth Management Beginning Wrap Assets (Millions) $222,327$222,327$197,485$173,788$169,227
Advice & Wealth Management Brokerage Cash Balance (Millions) $25,483$25,483$26,765$23,491--
Advice & Wealth Management Brokerage Sweep Fee 1%1%1%0%--
Advice & Wealth Management Certificates & Banking Allocated Capital (Millions) $351$351$327$268$236
Advice & Wealth Management Certificates & Banking Operating Income (Millions) $65$50$54$46$40
Advice & Wealth Management Certificates & Banking Operating Return on Capital 16%16%15%14%13%
Advice & Wealth Management Distribution Expense (Millions) $3,176$2,379$3,072$3,081$2,943
Advice & Wealth Management DISTRIBUTION FEES Revenue (Millions) $2,073$1,533$2,109$2,195$2,213
Advice & Wealth Management Employee Advisors 1,9941,9942,0072,0832,083
Advice & Wealth Management Franchise Advisors 7,6817,6817,6687,7067,589
Advice & Wealth Management General & Administrative Expense (Millions) $1,066$803$1,045$1,065$1,065
Advice & Wealth Management Interest & Debt Expense (Millions) $9$7$8$8$6
Advice & Wealth Management Management and Financial Advice Fees (Millions) $799$799$718$668$633
Advice & Wealth Management Market Appreciation Wrap Assets (Millions) $6,772$6,772$283$4,607$2,313
Advice & Wealth Management Net Flows Wrap Assets (Millions) $6,125$6,125$3,944$1,829$2,802
Advice & Wealth Management Net Investment Income (Millions) $222$174$186$146$136
Advice & Wealth Management On Balance Sheet Deposits (Millions) $10,439$10,439$10,048$8,638$7,674
Advice & Wealth Management Operating Return on Allocated Capital 133%133%231%225%217%
Advice & Wealth Management Total Revenue (Millions) $5,386$4,060$5,075$5,043$4,834
Advice & Wealth Management Total Branded Financial Advisors 9,8909,8909,6759,7899,672
Advice & Wealth Management Total Client Assets (Millions) $538,662$538,662$479,209$447,120$444,391
Advice & Wealth Management Total Wrap Ending Assets (Millions) $235,224$235,224$201,078$180,488$174,670
Advice & Wealth Management Wealth Management & Distribution Operating Income (Millions) $1,061$828$898$805$783
Annuities Allocated Capital (Millions) $1,956$1,956$1,968$1,893$1,982
Annuities Variable Annuities RollForward- Total Ending Balan (Millions) $77,397$77,397$74,817$74,244$76,988
Annuities Segment Allocated Capital (Millions) $1,928$1,928$1,968$1,893$1,982
Annuities Segment Amortization of deferred acquisition costs Expense (Millions) $185$135$209$205$235
Annuities Segment Benefits, Claims, Losses & Settlement Expense (Millions) $463$311$780$482$463
Annuities Segment Crediting Rate Excluding Capitalization Interest -3%-3%-3%-3%-3%
Annuities Segment Distribution Expense (Millions) $421$314$423$446$439
Annuities Segment Distribution Fee Revenue (Millions) $362$275$353$358$361
Annuities Segment Fixed Allocated Capital (Millions) $1,278$1,278$1,318$1,243$1,338
Annuities Segment Fixed Annuities DAC Amortization Per Income Statement (Millions) -$4-$4-$5-$5-$9
Annuities Segment Fixed Annuities DAC Beginnning Balance (Millions) $68$68$56$72$68
Annuities Segment Fixed Annuities DAC Total Ending Balance (Millions) $67$67$76$87$67
Annuities Segment Fixed Annuities RollForward- Policyholder Interest Credited (Millions) $74$74$79$83$92
Annuities Segment Fixed Annuities RollForward-Beginning Balance (Millions) $9,631$9,631$10,163$10,886$12,360
Annuities Segment Fixed Annuities RollForward-Net Flows (Millions) -$213-$213-$251-$296-$315
Annuities Segment Fixed Annuities RollForward-Total Ending Balance (Millions) $9,492$9,492$9,991$10,673$12,137
Annuities Segment Fixed Annuities RollForward-Withdrawals/Terminations (Millions) -$246-$246-$285-$359-$352
Annuities Segment Fixed Gross Rate of Return on Invested Assets 4%4%5%5%5%
Annuities Segment Fixed Operating Return on allocated capital 5%5%7%6%8%
Annuities Segment Fixed Pretax Operating Income (Millions) $77$57$101$106$144
Annuities Segment Fixed Tax Equivalent Margin Spread 1%1%2%2%2%
Annuities Segment General & Administrative Expense (Millions) $210$156$211$220$227
Annuities Segment Interest & Debt Expense (Millions) $35$26$33$38$38
Annuities Segment Interest Credited to Fixed Accounts Expense (Millions) $475$357$477$492$535
Annuities Segment Management and Financial Advice Fees Revenue (Millions) $756$573$732$755$756
Annuities Segment Net Investment Income (Millions) $714$527$760$790$904
Annuities Segment Operating Income (Millions) $689$562$329$650$633
Annuities Segment Operating Expense (Millions) $1,789$1,299$2,134$1,891$1,958
Annuities Segment Operating Return on Allocated Capital 28%28%13%26%19%
Annuities Segment Other Revenue (Millions) $538$407$506$467$365
Annuities Segment Other DAC Fixed Annuities (Millions) $2$2$25$19$7
Annuities Segment Payout Annuities Reserve Balance (Millions) $2,091$2,091$2,096$2,094$2,103
Annuities Segment Premiums Revenue (Millions) $111$84$116$107$109
Annuities Segment Risk Margin & Nonperformance spread impact (Millions) -$7-$7-$115-$61$7
Annuities Segment Total Revenue (Millions) $2,478$1,861$2,463$2,541$2,591
Annuities Segment Total Annuity Net Flows (Millions) -$1,098-$1,098-$983-$541-$721
Annuities Segment Total Operating Revenue (Millions) $2,478$1,861$2,463$2,541$2,591
Annuities Segment Total VA Guaranteed Benefit Impact Ex. Operating Income (Millions) -$278-$215-$296-$163-$113
Annuities Segment Total VA Guaranteed Benefit Impact Excluded Operat Income (Millions) -$361-$160-$296-$163-$113
Annuities Segment Variable Allocated Capital (Millions) $650$650$650$650$644
Annuities Segment Variable Annuities DAC- Beginning Balance (Millions) $1,729$1,729$1,670$1,665$1,655
Annuities Segment Variable Annuities DAC- Capitalization (Millions) $39$39$41$49$42
Annuities Segment Variable Annuities DAC-Amortization Per Income Statement (Millions) -$36-$36-$45$32-$43
Annuities Segment Variable Annuities DAC-Non Operating Amortization (Millions) $6$6$37$26$6
Annuities Segment Variable Annuities DAC-Other (Millions) -$1-$1$2$10$3
Annuities Segment Variable Annuities DAC-Total Ending Balance (Millions) $1,737$1,737$1,724$1,718$1,663
Annuities Segment Variable Annuities Fixed Sub Accounts (Millions) $20,813$15,602$20,389$19,546$19,499
Annuities Segment Variable Annuities RollForward- Beginning Balance (Millions) $77,397$77,397$75,866$72,843$76,141
Annuities Segment Variable Annuities RollForward- Deposits (Millions) $1,002$1,002$1,117$1,340$1,200
Annuities Segment Variable Annuities RollForward- Total Ending Balance (Millions) $78,654$78,654$74,817$74,244$76,988
Annuities Segment Variable Annuities RollForward-Deposits (Millions) $33$33$34$63$37
Annuities Segment Variable Annuities RollForward-Investment Performance & Interest Credit (Millions) $2,142$2,142-$317$1,646$1,253
Annuities Segment Variable Annuities RollForward-Net Flows (Millions) -$885-$885-$732-$245-$406
Annuities Segment Variable Annuities RollForward-Withdrawals & Terminations (Millions) -$1,887-$1,887-$1,849-$1,585-$1,606
Annuities Segment Variable Operating Return on Allocated Capital 75%75%27%64%35%
Annuities Segment Variable Pretax Operating Income (Millions) $612$505$228$544$489
Asset Management Allocated Capital (Millions) $1,821$1,821$1,817$1,847$1,884
Asset Management Allocated Capital Returns (Millions) $1,821$1,821$1,817$1,847$1,894
Asset Management Alternative Managed Assets (Millions) $6,464$6,464$7,364$8,198$7,453
Asset Management Assets Under Management (Millions) $472,649$472,649$454,413$471,888$505,588
Asset Management Distribution Expense (Millions) $1,007$750$1,019$1,091$1,148
Asset Management Distribution Fee Revenue (Millions) $468$344$487$499$493
Asset Management Equity (Millions) $265,839$265,839$240,034$255,466$278,052
Asset Management Financial Advice Fees Revenue (Millions) $2,506$1,880$2,452$2,723$2,791
Asset Management General & Administrative Expense (Millions) $1,273$948$1,285$1,360$1,343
Asset Management Hybrid and Other (Millions) $27,757$27,757$24,750$24,161$20,068
Asset Management Management & Financial Advice Fees Revenue (Millions) $2,461$1,223$2,452$2,723$2,791
Asset Management Money Market (Millions) $5,887$5,887$6,320$7,467$6,660
Asset Management Net Flows & Net Deposits (Millions) -$4,670-$4,670-$2,095-$692$5,682
Asset Management Net Investment Income (Millions) $21$16$14$23$30
Asset Management Operating Income (Millions) $695$526$621$761$788
Asset Management Operating Expense (Millions) $2,318$1,726$2,343$2,493$2,532
Asset Management Operating Return on Allocated Capital 31%31%28%31%31%
Asset Management Other Revenue (Millions) $18$9$23$9$6
Asset Management Total Revenue (Millions) $3,013$2,252$2,964$3,254$3,320
Asset Management Total Managed Assets (Millions) $483,953$483,953$454,413$471,888$505,588
Asset Management Segment: Assets Under Management (Millions) $483,953$483,953$454,413$471,888$505,588
Assets Management Interest Debt Expense (Millions) $21$16$21$25$26
Corporate Assets Under Management (Millions) $292$292$346$670$826
Corporate & Other Allocated Capital (Millions) $2,995$2,995$2,998$3,094$3,884
Distribution Fees Revenue (Millions) $1,757$1,300$1,795$1,847$1,894
Eliminations Assets Under Management (Millions) -$25,883-$25,883-$24,481-$23,074-$21,885
Eliminations Segment: Benefits, Claims, Losses & Settlement Expense (Millions) -$9-$9------
Eliminations Segment: Distribution Expense (Millions) -$1,328-$981-$1,340-$1,401-$1,356
Eliminations Segment: Distrubution Fees Revenue (Millions) -$1,233-$911-$1,248-$1,308-$1,265
Eliminations Segment: General & Administrative Expense (Millions) -$68-$51-$66-$60-$61
Eliminations Segment: Management & Financial Advice Fees (Millions) -$34-$34-$36-$33-$34
Eliminations Segment: Management & Financial Advice Fees Revenue (Millions) -$140-$104-$137-$135-$135
Eliminations Segment: Operating Expense (Millions) -$1,404-$1,040-$1,406-$1,461-$1,417
Eliminations Segment: Operating Total Revenue (Millions) -$1,404-$1,040-$1,407-$1,461-$1,417
Eliminations Segment: Premiums Revenue (Millions) -$32-$26-$21-$15-$16
Eliminations Segment: Total Revenue (Millions) -$1,406-$1,042-$1,407-$1,461-$1,417
Global Allocated Capital (Millions) $8,842$8,842$8,942$9,422$10,222
Global Amortization of Deferred Acquisition Expense (Millions) $244$189$415$354$367
Global Assets Under Management & Administration (Millions) $869,445$869,445$787,372$776,735$806,177
Global Banking & Deposit Interest Expense Revenue (Millions) $44$34$39$30$28
Global Benefits, Claims, Losses & Settlement Expense (Millions) $2,364$1,652$2,646$2,261$1,982
Global Branded Financial Advisors (Thousands) 9,8909,8909,6759,7899,672
Global Client Assets (Millions) $538,662$538,662$479,209$447,120$444,391
Global Distribution Expense (Millions) $3,336$2,505$3,202$3,276$3,236
Global General & Administrative Expense (Millions) $3,000$2,244$2,977$3,082$3,095
Global Interest & Debt Expense (Millions) $235$154$241$387$328
Global Interest Credited to Fixed Accounts Expense (Millions) $667$509$623$668$713
Global Management & Financial Advice Fees Revenue (Millions) $6,158$4,669$5,778$5,950$5,810
Global Operating Expense (Millions) $9,846$7,253$10,104$10,028$9,721
Global Other Revenue (Millions) $996$733$1,095$1,260$1,466
Global Premiums Revenue (Millions) $1,412$1,035$1,491$1,455$1,385
Investment Affordable Housing Income (Millions) -$51-$42-$44-$18-$25
Investment Other (Including Seed Money) Income (Millions) $148$70$91$68$93
Net Flows & Net Deposits: Annuities (Millions) -$1,098-$1,098-$983-$541-$721
Net Flows & Net Deposits: Branded Advisor Wrap (Millions) $6,125$6,125$3,310$2,093$3,130
Net Flows & Net Deposits: Variable Universal Life / Universal Life (Millions) -$72-$72-$33-$19-$30
Protection Segment Allocated Capital (Millions) $1,391$1,391$1,572$2,045$1,962
Protection Segment Amortization of deferred acquisition costs Expense (Millions) $101$70$140$155$135
Protection Segment Auto & Home Premiums (Millions) $1,013$738$1,074$1,043$955
Protection Segment Auto and Home Cash Sales Revenue (Millions) $1,118$859$1,091$1,081$1,017
Protection Segment Auto and Home-Allocated Capital (Millions) $622$622$705$1,454$1,426
Protection Segment Auto and Home-Catastrophic Loss Ratio 6%6%4%110%106%
Protection Segment Auto and Home-Non-Catastrophic Loss Ratio 80%80%74%----
Protection Segment Auto and Home-Operating Return on Allocated Capital 1%1%-5%10%13%
Protection Segment Auto and Home-Policy Count (Thousands) 939939943957929
Protection Segment Auto and Home-Pretax Earnings (Millions) $7$7$10$41$30
Protection Segment Benefits, Claims, Losses & Settlement Expense (Millions) $1,198$888$1,383$1,538$1,416
Protection Segment Combined Ratio 103%103%108%127%122%
Protection Segment DAC Rollforward Life and Health-Amortization per statement (Millions) -$0-$0-$14-$17-$19
Protection Segment DAC Rollforward Life and Health-Beginning Balance (Millions) $819$819$783$867$854
Protection Segment DAC Rollforward Life and Health-Capitalization Balance (Millions) $20$20$26$24$21
Protection Segment DAC Rollforward Life and Health-Non Operating Amortization (Millions) $3$3-$6-$2$8
Protection Segment DAC Rollforward Life and Health-Other Balance (Millions) -$5-$5$32$17-$4
Protection Segment Disability Insurance Cash Sales Revenue (Millions) $4$3$4$5$5
Protection Segment Disability Insurance Premiums (Millions) $142$106$146$149$153
Protection Segment Distribution Expense (Millions) $70$50$66$59$61
Protection Segment Distribution Fee Revenue (Millions) $100$74$98$97$92
Protection Segment Expense Ratio 17%17%18%17%16%
Protection Segment General & Administrative Expense (Millions) $244$182$252$256$250
Protection Segment Intercompany Premiums (Millions) $24$19$21$21$22
Protection Segment Interest & Debt Expense (Millions) $26$19$27$32$28
Protection Segment Interest Credited to Fixed Accounts Expense (Millions) $183$138$175$164$153
Protection Segment Life and Health Allocated Capital (Millions) $769$769$817$591$536
Protection Segment Life and Health-Operating Return on Allocated Capital (Millions) 25%25%32%-2%1%
Protection Segment Management & Financial Advice Fees Revenue (Millions) $48$35$51$55$59
Protection Segment Net Investment Income (Millions) $336$253$369$468$447
Protection Segment Operating Income (Millions) $242$169$264$183$246
Protection Segment Operating Expense (Millions) $1,822$1,347$2,043$2,201$2,041
Protection Segment Operating Return on Allocated Capital 13%13%14%7%20%
Protection Segment Operating Total Revenue (Millions) $2,064$1,516$2,307$2,384$2,287
Protection Segment Other Revenue (Millions) $361$257$472$406$399
Protection Segment Premiums Revenue (Millions) $1,223$896$1,313$1,363$1,292
Protection Segment Pretax Operating Margin 12%12%13%6%5%
Protection Segment Term & Whole Life Premiums (Millions) $11$11$11$11$12
Protection Segment Term and Whole Life Cash Sales Revenue (Millions) $8$6$9$9$10
Protection Segment Term/Whole Life Cash Sales (Millions) $8$4$9$9$10
Protection Segment Total Revenue (Millions) $2,064$1,516$2,307$2,384$2,287
Protection Segment Total Auto and Home Catastrophe Losses (Millions) $15$15$15----
Protection Segment Total Cash Sales Revenue (Millions) $1,433$1,083$1,394$1,419$1,358
Protection Segment Total Premiums (Millions) $1,223$896$1,313$1,363$1,292
Protection Segment VUL / UL Policyholder Investment Performance/Interest (Millions) $300$300$82$260$190
Protection Segment VUL / UL Policyholder Account Ending Balance (Millions) $12,235$12,235$11,511$11,170$11,283
Protection Segment VUL / UL Policyholder Account Premiums/Deposits (Millions) $247$247$269$281$266
Protection Segment VUL / UL Policyholder Account Withdrawals (Millions) -$319-$319-$302-$300-$296
Protection Segment VUL/UL Cash Sales Revenue (Millions) $303$215$290$324$326
Protection Segment VUL/UL Policyholder Beginning Account Balance (Millions) $12,006$12,006$11,461$10,931$11,124
S&P 500 Period End 2,5192,5192,2392,0442,059
Weight Equity Index Period End 1,8471,8471,6371,507--