Ameriprise Financial Inc. AMP

What this company does

Ameriprise Financial, Inc. is a diversified financial services company. As of December 31, 2025, it had $1.7 trillion in assets under management, administration, and advisement, compared to $1.5 trillion as of December 31, 2024. Its network of more than 10,000 financial advisors is the primary channel through which it carries out its wealth management activities. It carries out its business through two primary go-to-market approaches: Wealth Management and Asset Management. The financial results from these businesses are reflected in its operating segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. Through its financial advisors, it provides financial planning and advice, as well as full-service brokerage services, to more than 3.5 million retail clients. As of December 31, 2025, its Asset Management segment had $721 billion in managed and advised assets. In 2005, AEFC spun off from American Express to form Ameriprise Financial, Inc.

Written from the business description in AMERIPRISE FINANCIAL INC's annual report to the U.S. Securities and Exchange Commission, filed 19 February 2026. Every sentence was checked against that document before publication.