Ameriprise Financial, Inc. is a diversified financial services company. The Company’s segments include Advice & Wealth Management, Asset Management, Retirement & Protection Solutions and Corporate & Other. The Advice & Wealth Management segment provides financial planning and advice, as well as full-service brokerage services, primarily to retail clients through the Company’s advisors. The Asset Management segment provides investment management, advice and products to retail, high net worth and institutional clients on a global scale through the Columbia Threadneedle Investments brand. It provides institutional products and services through its institutional sales force. The Retirement & Protection Solutions segment includes retirement solutions (variable annuities and payout annuities) and protection solutions (life and disability income insurance). Retirement Solutions provides variable annuity products by RiverSource Life companies to individual clients.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 15.29% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 10.39B.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 17.44%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 17.44%.
Undervalued
The company’s latest PB is 6.68, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 76.08M shares, decreasing 9.61% quarter-over-quarter.
Held by Mairs and Power
Star Investor Mairs and Power holds 196.88K shares of this stock.