Ameriprise Financial Inc AMP

Morningstar Rating
$527.87 −5.34 (1.00%)
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Company Report

Ameriprise's Diversified Business and Competitive Scale Positions the Firm Well

We believe that Ameriprise Financials’ strategy is appropriate, with the firm 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. As we see it, those are the key levers that the firm can pull to attract and retain both financial advisors and wealth management clients in a competitive environment.

Price vs Fair Value

AMP is trading at a LOCK|#nZbpc premium.
Price
$527.87
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Increasing willingness for regional banks to offload technology investment and risk management to large, trusted intermediaries could drive a durable uptick in organic asset growth.

Bears

Significant equity market declines or falling interest rates would drive a substantial decline in Ameriprise's near-term earnings power and margin profile.

News

Trading Information

Previous Close Price
$533.21
Day Range
$523.69538.93
52-Week Range
$422.37550.18
Bid/Ask
$487.00 / $540.00
Shares Outstanding
89.90M
Market Cap
$47.45B
Volume/Avg
11 / 694,677

Key Statistics

Price/Earnings (Normalized)
12.85
Price/Sales
2.70
Dividend Yield (Trailing)
1.23%
Dividend Yield (Forward)
1.29%
Total Yield
7.66%

Company Profile

Ameriprise Financial has evolved into a diversified financial services provider that generates roughly 65% of its operating profit from advice and wealth management. With nearly $1.2 trillion in segment assets under management and advisory at year-end 2025, and with roughly 10,600 affiliated and employee advisors, Ameriprise is one of the larger US-based wealth managers. It also boasts a reasonably large asset management franchise in Columbia Threadneedle, which boasted $678 billion in assets under management at year-end 2025. The firm's third segment is its retirement and protection services business, which sells insurance products to the firm’s advisory clients. After eliminations, Ameriprise had $1.69 trillion in assets under management and advisory across segments at year-end 2025.
Sector
Financial Services
Industry
Asset Management
Stock Style Box
Mid Core
Total Number of Employees
13,600

Competitors

Valuation

Metric
AMP
LPLA
RJF
Price/Earnings (Normalized)
12.8515.8215.33
Price/Book Value
7.654.582.61
Price/Sales
2.701.432.35
Price/Cash Flow
11.9511.3613.11
Price/Earnings
AMP
LPLA
RJF

Financial Strength

Metric
AMP
LPLA
RJF
Quick Ratio
1.86
Current Ratio
2.41
Interest Coverage
16.223.91
Quick Ratio
AMP
LPLA
RJF

Profitability

Metric
AMP
LPLA
RJF
Return on Assets (Normalized)
2.18%9.52%2.55%
Return on Equity (Normalized)
65.89%34.04%18.00%
Return on Invested Capital (Normalized)
9.31%16.31%
Return on Assets
AMP
LPLA
RJF

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