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MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) today announced that financial advisor Karen DeBaker, CFP®, joined a well-established independent Ameriprise practice, Threshold Financial Partners. The team is based in De Pere, Wisconsin, and led by financial advisor Carey Somerville. DeBaker brings 10 years of experience as a financial advisor, most recently with Raymond James, and more than $120 million in client assets. Reflecting on her move, DeBaker said, “I considered.
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial (NYSE: AMP) today announced that eight of the firm's financial advisors were named to Barron's list of the “Top 100 Women Financial Advisors” in the country. Barron's recognizes the industry's top women advisors based on several factors, including levels of professionalism and success in the business. The rankings are created by data provided by thousands of the nation's most successful women advisors. Ameriprise advisors named to the 2024 Barr.
Ameriprise (AMP) files a lawsuit against LPL Financial's (LPLA) arm, alleging misconduct and misuse of clients' confidential data and directing advisors to take information from their former companies.
Ameriprise's revenue shows early signs of surpassing 2023 levels by a modest margin, while net income is currently trending well above the lows seen in 2023. Stock performance has varied relative to market conditions, with a focus on structured variable annuity products impacting expenses and investor conviction. In the present year, there are signs of product uptake diversification, which is an early encouraging sign.
Ameriprise (AMP) records a year-over-year improvement in the AUM balance for the second quarter of 2024.
The headline numbers for Ameriprise (AMP) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Ameriprise Financial Services (AMP) came out with quarterly earnings of $8.53 per share, beating the Zacks Consensus Estimate of $8.51 per share. This compares to earnings of $7.44 per share a year ago.
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) today announced it recently donated nearly $2 million to nonprofits across the U.S. as part of its first-round of 2024 grants. In conjunction with its robust volunteer program, the company awards grant dollars to nonprofits twice annually to strengthen communities and help individuals meet their basic needs and find paths to financial independence. “Too many Americans lack access to basic needs such as food, emergency shelter,.
MINNEAPOLIS--(BUSINESS WIRE)--Private Wealth Advisor John Cortale recently joined the independent channel of Ameriprise Financial, Inc. (NYSE: AMP) from LPL Financial in Washington D.C. with $250 million in client assets. Cortale's practice operates under the name Monumental Financial Planning (formerly The Cortale Group) and includes financial advisors John Martin Moran and Nina Kamrani, client service manager Adam Mirza and client service coordinator Omaid Omar. Cortale and team joined Amerip.
Improved advisor productivity and net inflows are likely to have aided Ameriprise's (AMP) asset growth in the second quarter of 2024.