Earnings summaries and quarterly performance for AMERIPRISE FINANCIAL.
Executive leadership at AMERIPRISE FINANCIAL.
James M. Cracchiolo
Chairman and Chief Executive Officer
Joseph E. Sweeney
President, Advice & Wealth Management Products and Service Delivery
Walter S. Berman
Executive Vice President and Chief Financial Officer
William Davies
Executive Vice President and Global Chief Investment Officer
William F. Truscott
Chief Executive Officer, Global Asset Management
Board of directors at AMERIPRISE FINANCIAL.
Amy DiGeso
Director
Brian T. Shea
Director
Christopher J. Williams
Director
Dianne Neal Blixt
Director
Glynis A. Bryan
Director
Liane J. Pelletier
Director
Robert F. Sharpe, Jr.
Independent Presiding Director
W. Edward Walter III
Director
Research analysts who have asked questions during AMERIPRISE FINANCIAL earnings calls.
John Barnidge
Piper Sandler
8 questions for AMP
Suneet Kamath
Jefferies
8 questions for AMP
Steven Chubak
Wolfe Research
7 questions for AMP
Alexander Blostein
Goldman Sachs
6 questions for AMP
Craig Siegenthaler
Bank of America
6 questions for AMP
Wilma Burdis
Raymond James Financial
5 questions for AMP
Brennan Hawken
UBS Group AG
4 questions for AMP
Michael Cyprys
Morgan Stanley
4 questions for AMP
Ryan Krueger
KBW
4 questions for AMP
Thomas Gallagher
Evercore
4 questions for AMP
Kenneth Lee
RBC Capital Markets
3 questions for AMP
Tom Gallagher
Evercore ISI
3 questions for AMP
Wilma Jackson Burdis
Raymond James
3 questions for AMP
Jeff Schmitt
William Blair & Company, L.L.C.
2 questions for AMP
Tyler Mulier
William Blair & Company
2 questions for AMP
David Giunta
Bank of Montreal
1 question for AMP
Jeffrey Schmitt
William Blair
1 question for AMP
Karim Assef
Bank of America
1 question for AMP
Luke
Goldman Sachs
1 question for AMP
Michael Anagnostakis
Wolfe Research, LLC
1 question for AMP
Recent press releases and 8-K filings for AMP.
- Underlying NPAT rose 21% to A$285 million, with AUM up 9% to A$161.7 billion, and a full-year dividend of 4 cents per share (final of 2 cents).
- Statutory NPAT fell to A$133 million, revenue declined ~2%, as legacy legal settlements and AUM fee margin compression (from ~45 bps to ~42 bps) weighed on results.
- Shares tumbled roughly 30%, closing at A$1.28—the largest one-day drop since 2003—driven by investor concern over margin pressures and cautious guidance.
- CFO expects a 4 cents per share dividend for FY26 and FY27, and management highlighted A$1.1 billion of capital returned to shareholders alongside cost reduction efforts.
- Ameriprise has minimized short-term rate exposure with an on- and off-balance-sheet cash position of $7 billion, a 3.8-year duration, and an average earning rate of 5%, anticipating three Fed cuts in 2026.
- The wealth management arm added 91 advisors in Q4 and 336 advisors in 2025, targeting ~4% annual advisor growth through recruitment, retention, and organic expansion.
- G&A expenses will balance mid-5% growth in AWM investments with 0–2% growth elsewhere via strategic process reengineering to drive operating leverage.
- Management plans to return 85–90% of excess capital through dividends and share buybacks, with opportunistic increases given current valuation levels.
- Strategic initiatives include the $20 billion, 260-advisor Huntington Bank partnership to expand the bank channel and the Signature Wealth platform with 38 new SMAs to integrate advisory and asset management offerings.
- Minimal interest rate exposure with off-balance-sheet short-term cash of $7 billion, bank assets of $23 billion, a duration of 3.8 years and average new investment yields of 5%, positioning for ~3 Fed cuts in 2026.
- Wealth management net new advisor growth of 91 new advisors in Q4 and 336 in 2025, targeting long-term 4% net asset growth through recruitment, retention and organic expansion.
- Aggressive advisor competition, including IBDs and private equity entrants, has prompted Ameriprise to adjust its value proposition and increase incentive flexibility to retain and attract high-value advisors.
- G&A expense growth managed within 0-2%, while investing mid-5% in advisor technology and support, driving operating leverage through process re-engineering rather than cost cutting.
- Capital return priorities include returning 85-90% of excess capital in 2026 (88% returned in 2025) via dividends and share buybacks, with plans for opportunistic repurchases at current valuation levels.
- Ameriprise has reduced exposure to short-term rates with approximately $7 billion in off-balance-sheet cash, a bank asset duration of 3.8 years, and an average reinvestment yield of 5%, positioning it to weather an expected three Fed rate cuts.
- The wealth management arm added 91 advisors in the most recent quarter and 336 advisors in 2025, sustaining a commitment to ~4% annual net advisor growth and organic net new assets.
- Through its Financial Institutions Group, Ameriprise won a $20 billion asset relationship with 260 Huntington Bank advisors, bolstering its bank channel expansion.
- In 2025, the firm returned 88% of its earnings via dividends and buybacks; for 2026, it targets an 85–90% payout ratio and plans opportunistic share repurchases amid market volatility.
- Ameriprise Financial Services, LLC will become Huntington Bank’s new retail brokerage, investment advisory and insurance services provider, transitioning Huntington Financial Advisors’ operations to Ameriprise’s platform.
- The relationship encompasses approximately 260 Huntington advisors managing nearly $28 billion in combined advisory, brokerage and insurance assets, granting access to Ameriprise’s integrated technology, planning capabilities and investment solutions.
- The strategic partnership is designed to modernize Huntington’s wealth management offerings, drive sustainable growth and deepen customer relationships with premium advice and tools.
- Ameriprise reported 10% adjusted operating revenue growth to $4.9 billion, adjusted operating earnings up 10% to over $1 billion, EPS of $10.83 (+16%), and a record ROE of 53.2% in Q4 2025.
- Advice & Wealth Management assets hit $1.2 trillion (+13%) with $13.3 billion of client inflows (4.7% annualized), RAP assets at $670 billion (+17%) with $12.1 billion of inflows, and advisor productivity rising 8% to $1.1 million per advisor.
- Asset Management achieved $721 billion of AUM/A (+6%), operating earnings of $293 million (+17%), revenues of $1 billion (+12%), $1.9 billion of net inflows, and a 40% margin.
- Capital return was 101% of Q4 operating earnings via $1.1 billion of buybacks/dividends (full-year return of 88%, $3.4 billion), with excess capital of $2.1 billion and liquidity of $2.2 billion.
- Ameriprise delivered Q4 adjusted operating revenue of $4.9 billion (+10%) and adjusted EPS of $10.83 (+16%), with an operating margin of 27% and return on equity of 53.2%.
- Assets under management, administration, and advisement reached $1.7 trillion (+11%), while Advice & Wealth client assets grew to $1.2 trillion (+13%), driven by $13.3 billion in client inflows (+18%) and $12.1 billion of RAP net inflows (+17%).
- Capital returned to shareholders totaled $1.1 billion in Q4 (101% of operating earnings) and $3.4 billion for full-year 2025 (88% of operating earnings); excess capital was $2.1 billion with $2.2 billion of available liquidity.
- Advisor productivity rose 8% to $1.1 million per advisor, as Ameriprise continued investing in AI, digital capabilities, the Signature Wealth platform, and launched six new active ETFs.
- Adjusted operating EPS of $10.83, up 16% YoY, on adjusted net revenues of $4.916 billion, up 10% YoY.
- Assets under management, administration and advisement reached $1.7 trillion, up 11% YoY.
- Wealth Management pretax adjusted earnings rose 13% to $926 million on revenues of $3.162 billion (29.3% margin), while Asset Management pretax earnings increased 17% to $293 million on $1.039 billion revenues (40% margin).
- Retirement & Protection Solutions generated pretax adjusted earnings of $200 million on $1.5 billion of sales, with a 536% RBC ratio and 98% hedge effectiveness.
- Capital returned in Q4 totaled $1.1 billion, representing 101% of adjusted operating earnings, supported by $2.1 billion excess capital and $2.2 billion of available liquidity.
- Adjusted operating revenue rose by 10% to $4.9 billion, and EPS grew 16% to $10.83, with an operating margin of 27% and ROE of 53.2%.
- Assets under management, administration, and advisement reached $1.7 trillion (up 11%), Wealth Management client assets hit $1.2 trillion (+13%), net client inflows were $13.3 billion (+18%), and advisor productivity reached $1.1 million per advisor.
- Asset Management operating earnings increased 17% to $293 million on AUM of $721 billion (+6%), achieving a segment margin of 40%.
- Returned $1.1 billion in share repurchases in Q4 (101% of operating earnings) and $3.4 billion in 2025 (88% of earnings), with excess capital of $2.1 billion and liquidity of $2.2 billion.
- Q4 adjusted operating EPS rose 16% to $10.83, while full year 2025 adjusted operating EPS increased 14% to $39.29
- Assets under management, administration and advisement reached a record $1.7 trillion, up 11% year-over-year
- Returned $1.1 billion of capital in Q4 (101% of adjusted operating earnings) and $3.4 billion for the full year (88% of adjusted operating earnings)
- Q4 adjusted operating net revenues grew 10% to $4.9 billion, and adjusted operating ROE was 53.2%
- Named a Top 250 Best-Managed Company by the Wall Street Journal and ranked #48 on TIME’s 2026 America’s Most Iconic Companies list
Quarterly earnings call transcripts for AMERIPRISE FINANCIAL.
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