Ameriprise Financial Inc logo

Ameriprise Financial Inc

FRA:A4S (USA)   Ordinary Shares
€ 397.90 (-0.92%) Jun 28
14.54
P/B:
8.72
Market Cap:
€ 39.62B ($ 42.48B)
Enterprise V:
€ 38.24B ($ 40.99B)
Volume:
-
Avg Vol (2M):
236.00
Trade In:

Business Description

Ameriprise Financial Inc logo
Ameriprise Financial Inc
NAICS : 523930 SIC : 6282
ISIN : US03076C1062

Share Class Description:

FRA:A4S: Ordinary Shares
Description
Ameriprise Financial is a major player in the us market for asset and wealth management, with around $1.4 trillion in total assets under management and administration at the end of 2023. With about 10,000 advisors, Ameriprise has one of the largest branded advisor networks in the industry. About 80% of the company's revenue comes from its asset and wealth management segments. Ameriprise has reduced its exposure to insurance with the sale of its auto and home insurance business in 2019 and the exit of the sale of its proprietary fixed annuities in 2020.