ameriprise financial is america’s leader in financial planning(1). for more than 120 years, we have helped our clients put their dreams more within reach. we take a personal approach to financial planning and advice as we help bring our clients’ goals to life. our advisors take the time to understand our clients’ needs – both big and small – and work with clients to create a plan to make their dreams possible. our strength and stability has been built upon our core values — client focused, integrity always, excellence in all we do and respect for individuals and communities. we have: • more than 2 million individual, business and institutional clients.(2) • been named to the list of best places to work for the sixth consecutive year. (3) • supported more than 6,000 nonprofits in 2014 by contributing nearly $12 million through grants, gift matching and volunteerism. (4) we are a fortune 500® company(5) that combines a team-based atmosphere with an entrepreneurial spirit. from
Company profile
Ticker
AMP
Exchange
Website
CEO
James Cracchiolo
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
AMERICAN EXPRESS FINANCIAL ADVISORS, AMERICAN EXPRESS FINANCIAL CORP, IDS FINANCIAL CORP/MN/
SEC CIK
Corporate docs
Subsidiaries
Ameriprise Certificate Company • AMPF Holding, LLC • American Enterprise Investment Services Inc. • Ameriprise Financial Services, LLC. • Columbia Management Investment Advisers, LLC • RiverSource Life Insurance Company • RiverSource Life Insurance Co. ...
IRS number
133180631
SEC advisor number
801-14721
Address
Ameriprise Financial
1099 AMERIPRISE FINANCIAL CENTER
MINNEAPOLIS
MN 55474
1099 AMERIPRISE FINANCIAL CENTER
MINNEAPOLIS
MN 55474
Phone
612-671-8001
AMP stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
15 Mar 24
DEFA14A
Additional proxy soliciting materials
15 Mar 24
DEF 14A
Definitive proxy
15 Mar 24
PRE 14A
Preliminary proxy
1 Mar 24
S-3ASR
Automatic shelf registration
23 Feb 24
8-K
Ameriprise Financial Reports Fourth Quarter 2023 Results
24 Jan 24
8-K
Other Events
9 Nov 23
424B2
Prospectus for primary offering
8 Nov 23
FWP
Free writing prospectus
7 Nov 23
424B5
Prospectus supplement for primary offering
7 Nov 23
Transcripts
AMP
Earnings call transcript
2023 Q4
25 Jan 24
AMP
Earnings call transcript
2023 Q3
26 Oct 23
AMP
Earnings call transcript
2023 Q2
27 Jul 23
AMP
Earnings call transcript
2023 Q1
25 Apr 23
AMP
Earnings call transcript
2022 Q4
26 Jan 23
AMP
Earnings call transcript
2022 Q3
26 Oct 22
AMP
Earnings call transcript
2022 Q2
27 Jul 22
AMP
Earnings call transcript
2022 Q1
26 Apr 22
AMP
Earnings call transcript
2021 Q4
27 Jan 22
AMP
Earnings call transcript
2021 Q3
27 Oct 21
Latest ownership filings
144
Notice of proposed sale of securities
27 Mar 24
144
Notice of proposed sale of securities
26 Mar 24
4
WILLIAM F TRUSCOTT
1 Mar 24
144
Notice of proposed sale of securities
28 Feb 24
4
Gerard P. Smyth
28 Feb 24
SC 13G/A
P3 Health Partners Inc.
27 Feb 24
4
Gumer Alvero
26 Feb 24
4
JAMES M CRACCHIOLO
26 Feb 24
144
Notice of proposed sale of securities
26 Feb 24
144
Notice of proposed sale of securities
26 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 7.99 bn | 7.99 bn | 7.99 bn | 7.99 bn | 7.99 bn | 7.99 bn |
Cash burn (monthly) | 247.00 mm | 135.33 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 1.48 bn | 809.76 mm | n/a | n/a | n/a | n/a |
Cash remaining | 6.51 bn | 7.18 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 26.4 | 53.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
82.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1048 |
Opened positions | 106 |
Closed positions | 80 |
Increased positions | 335 |
Reduced positions | 370 |
13F shares | Current |
---|---|
Total value | 27.31 tn |
Total shares | 83.10 mm |
Total puts | 120.40 k |
Total calls | 125.80 k |
Total put/call ratio | 1.0 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 13.25 mm | $4.37 tn |
BLK Blackrock | 8.54 mm | $2.82 tn |
STT State Street | 4.45 mm | $1.47 tn |
Aristotle Capital Management | 3.67 mm | $1.21 tn |
JPM JPMorgan Chase & Co. | 3.12 mm | $1.03 tn |
Geode Capital Management | 2.48 mm | $817.58 bn |
MS Morgan Stanley | 2.24 mm | $738.82 bn |
Ubs Global Asset Management Americas | 1.88 mm | $619.25 bn |
Viking Global Investors | 1.73 mm | $571.67 bn |
Boston Partners | 1.73 mm | $570.96 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
28 Feb 24 | Truscott William F | Common Stock | Sell | Dispose S | Yes | No | 412.045 | 8,000 | 3.30 mm | 13,134 |
26 Feb 24 | Gerard P. Smyth | Common Stock | Sell | Dispose S | No | No | 408.7106 | 2,179 | 890.58 k | 3,787 |
26 Feb 24 | Gerard P. Smyth | Common Stock | Sell | Dispose S | No | No | 407.1601 | 2,261 | 920.59 k | 5,966 |
26 Feb 24 | Gerard P. Smyth | Common Stock | Payment of exercise | Dispose F | No | No | 408.71 | 4,371 | 1.79 mm | 8,227 |
26 Feb 24 | Gerard P. Smyth | Common Stock | Option exercise | Acquire M | No | No | 126.89 | 3,433 | 435.61 k | 12,598 |
26 Feb 24 | Gerard P. Smyth | Common Stock | Option exercise | Acquire M | No | No | 179.84 | 3,199 | 575.31 k | 9,165 |
26 Feb 24 | Gerard P. Smyth | Employee Stock Option Common Stock | Option exercise | Dispose M | No | No | 126.89 | 3,433 | 435.61 k | 0 |
26 Feb 24 | Gerard P. Smyth | Employee Stock Option Common Stock | Option exercise | Dispose M | No | No | 179.84 | 3,199 | 575.31 k | 0 |
26 Feb 24 | James M Cracchiolo | Common Stock | Sell | Dispose S | No | No | 408.6325 | 5,000 | 2.04 mm | 159,012 |
23 Feb 24 | James M Cracchiolo | Common Stock | Sell | Dispose S | No | No | 407.1617 | 5,000 | 2.04 mm | 164,012 |
News
Goldman Sachs Maintains Buy on Ameriprise Finl, Raises Price Target to $488
27 Mar 24
Raymond James Initiates Coverage On Ameriprise Finl with Market Perform Rating
21 Mar 24
If You Invested $1000 In This Stock 5 Years Ago, You Would Have $3,200 Today
14 Mar 24
Peering Into Ameriprise Finl's Recent Short Interest
27 Feb 24
$100 Invested In This Stock 10 Years Ago Would Be Worth $400 Today
22 Feb 24
Press releases
68 Ameriprise Financial Advisors Named to the Barron's "Top 1,200 Financial Advisors" List
28 Mar 24
Columbia Ultra Short Term Bond Fund Celebrates 20-Year Anniversary
12 Mar 24
Advisor Team with $320 Million in Assets Joins Ameriprise Financial for Advisor-Client Experience and Practice Management Tools and Expertise
28 Feb 24
Ameriprise Financial Recognized by Forbes as One of "America's Best Large Employers" for the Fourth Year in a Row
26 Feb 24
156 Ameriprise Financial Advisors Named to the Forbes Top Women Wealth Advisors Best-In-State List
14 Feb 24