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Ameriprise Financial AMP - News Analyzed: 6,065 - Last Week: 100 - Last Month: 400

⇑ Ameriprise Financial (AMP) gains traction: A look into Its Institutional Ownership, Revenue Growth and Future Outlook

Ameriprise Financial (AMP) gains traction: A look into Its Institutional Ownership, Revenue Growth and Future Outlook
Ameriprise Financial (AMP) has garnered attention from numerous institutional investors who now own up to 88% of the company. Wall Street expects earnings growth in the next report from Ameriprise Financial Services (AMP). Previous reports indicate a potential 12% upside and robust revenue growth for the company. AMP's stock price has shown significant strength and increased by 3.5% within a week. The firm has been involved in multiple high-profile recruitments with teams and advisors reporting assets in the millions joining Ameriprise. In fact, a new study revealed that 60% of parents are willing to sacrifice their financial goals for their children indicating a potential growth in clients. The firm recently snagged a $450M Credit Union Portfolio thereby significantly expanding its wealth management footprint. Meanwhile, amid rising global trade tensions, the firm experienced a 12% weekly dip. However, investing in Ameriprise five years ago would have yielded a 251% gain. The firm's stock sale by top executives and insiders points towards caution. Nonetheless, its strong asset growth and expected client cash revenue paint a positive future outlook.

Ameriprise Financial AMP News Analytics from Thu, 05 Sep 2024 07:00:00 GMT to Sat, 19 Apr 2025 15:48:33 GMT - Rating 8 - Innovation 7 - Information 7 - Rumor 5

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