Ameriprise Financial Inc
AMP: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| &Yn | LOCK|zw@t% | LOCK|b?Lkwc@ |
Ameriprise's Steady, Diversified Franchises and Competitive Scale Underpin Decent Investment Case
Business Strategy and Outlook
We believe that Ameriprise Financial’s strategy is appropriate. The firm is prioritizing its wealth management business, making judicious investments in its technology platform, product assortment, and brand, and tightening its relationship with clients by investing behind Ameriprise Bank. We believe these are the key levers that the firm can pull to attract and retain financial advisors and wealth management clients in a competitive environment.
