In recent new updates, Ameriprise Financial has gained considerable recognition in the market. With a record-breaking 186 advisors earning elite Forbes recognition, the company is currently experiencing a positive market trajectory. Substantially, Ameriprise is seeing strong institutional backing, with a staggering 87% share ownership. Earnings for the fourth quarter of 2024 were strong, with record ROE and strong revenue reported.
On top of these, some Ameriprise insiders have sold shares, a move that can be interpreted in different ways. Nonetheless, other financial institutions and investment groups are responding positively; entities like Sumitomo Mitsui Trust Group Inc and Strategic Financial Concepts LLC are investing in Ameriprise. Ameriprise also recently reported higher Q3 profit, boosted by robust fee income.
But arguably most significant is their growth over the past 5 years. Reports indicate that those who invested in Ameriprise five years ago have reaped in impressive gains - up by a phenomenal 261% return.
Evidence of the company's successful run is the introduction of a new TV Campaign, celebrating client success stories, building on its 'Advice Worth Talking About' brand platform and a whopping $1.48 per share dividend announcement to investors.
Ameriprise Financial AMP News Analytics from Wed, 10 Jul 2024 07:00:00 GMT to Fri, 14 Feb 2025 14:39:00 GMT - Rating 8 - Innovation 6 - Information 7 - Rumor 2
