You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Huntington National Bank will be transferring $28 billion of its bank-owned broker/dealer, registered investment advisor and insurance assets to Ameriprise Financial Services, the firms announced Wednesday. Huntington Financial Advisors, which has about 260 financial advisors, will remain with the bank, but will now use Minneapolis-based Ameriprise for its retail investment operations. Those ad ...

Ameriprise Financial, Inc. (NYSE:AMP) ranks among the biggest publicly traded asset managers. On January 29, Ameriprise Financial, Inc. (NYSE:AMP) posted its fourth-quarter earnings results, with adjusted earnings per share of $10.83, exceeding market expectations of $10.30, owing to robust asset growth and expense management. At the same time, revenue for the quarter came in at $4.96 billion, beating the average forecast of $4.77 billion, representing a 10% year-over-year growth. The company’s Advice & ...

Piper Sandler upgraded Ameriprise Financial (NYSE:AMP) from an Underweight to a Neutral rating, with a notable stock price of $521.36.The company reported a significant 16% increase in adjusted earnings per share (EPS) of $10.83, surpassing the Zacks Consensus Estimate.Ameriprise achieved record levels in assets under management (AUM) and assets under administration (AUA), reaching $1.69 trillion, an 11% increase year-over-year.Ameriprise Financial (NYSE:AMP) is a diversified financial services company offe ...

Cracchiolo and CFO Walter Berman also pointed to profitability metrics. Berman said the company posted a strong operating margin of 27% in the quarter. Cracchiolo said return on equity increased more than 100 basis points to 53.2%, which he described as the company’s highest ever.Chairman and CEO Jim Cracchiolo said Ameriprise delivered “a strong fourth quarter to complete a very good year in 2025,” citing supportive equity markets and what he called a “quite positive” overall environment. On an adjusted op ...

Core Insights - Ameriprise Financial (AMP) reported fourth-quarter 2025 adjusted operating earnings of $10.83 per share, exceeding the Zacks Consensus Estimate of $10.29, marking a 16% increase from the previous year [1] - The company's shares rose by 5.2% in pre-market trading following the announcement of better-than-expected results [1] Financial Performance - Adjusted operating total net revenues for the quarter were $4.92 billion, a 10% year-over-year increase, surpassing the Zacks Consensus Estimate of $4.71 billion [4] - Total GAAP net revenues also increased to $4.96 billion, reflecting a 10% rise year-over-year [4] - Quarterly adjusted operating expenses reached $3.58 billion, up 10% year-over-year [4] - For the full year 2025, adjusted operating earnings were $39.29 per share, exceeding the Zacks Consensus Estimate of $38.72, and reflecting a 14% increase from the previous year [3] Assets Under Management - As of December 31, 2025, total assets under management (AUM) and assets under administration (AUA) reached a record $1.69 trillion, up 11% year-over-year [4][8] - The increase in AUM and AUA contributed positively to the company's revenue growth [6] Share Repurchase Activity - Ameriprise repurchased 1.8 million shares for $897 million during the reported quarter [5] Competitive Positioning - The company is positioned for strong top-line growth due to its robust AUM balance and ongoing business restructuring initiatives, although rising expenses, particularly from technology upgrades, may impact profitability [6]

Core Insights - Ameriprise Financial Services (AMP) reported a revenue of $4.92 billion for the quarter ended December 2025, marking a year-over-year increase of 10.2% and exceeding the Zacks Consensus Estimate by 4.45% [1] - The earnings per share (EPS) for the same period was $10.83, up from $9.36 a year ago, representing a surprise of 5.27% over the consensus EPS estimate of $10.29 [1] Financial Performance Metrics - Total Assets Under Management reached $1.3 billion, slightly above the average estimate of $1.29 billion [4] - Total Assets Under Administration were reported at $355.5 million, compared to the estimated $349.71 million [4] - Total Assets Under Management, Administration, and Advisement totaled $1.69 billion, exceeding the average estimate of $1.63 billion [4] - Management and financial advice fees generated revenues of $3.1 billion, a 14% increase year-over-year, surpassing the average estimate of $2.89 billion [4] - Revenues from Asset Management were reported at $1.04 billion, exceeding the average estimate of $924.22 million, reflecting an 11.7% year-over-year change [4] Stock Performance - Ameriprise shares have returned +1.9% over the past month, outperforming the Zacks S&P 500 composite's +0.8% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]

Core Viewpoint - Ameriprise Financial (AMP) shares have underperformed over the past year, losing approximately 13% of their value due to concerns about peaking revenue from cash sweep amid Federal Reserve rate cuts [1] Company Performance - The decline in Ameriprise's stock value is attributed to worries regarding revenue generation from cash sweep operations, which are impacted by the recent Federal Reserve rate cuts [1]

Shares of Ameriprise Financial ( AMP ) have been a poor performer over the past year, losing about 13% of their value. Ameriprise has been weighed down by concerns about peaking revenue from its cash sweep given Fed rate cuts, though this is just oneOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just ...

Financial Data and Key Metrics Changes - Ameriprise reported adjusted operating revenue growth of 10% to $4.9 billion in Q4 2025, driven by strong organic client flows and market performance [14][25] - Earnings per share increased by 16% to $10.83, with a return on equity reaching a record high of 53.2% [14][15] - Assets under management, administration, and advisement grew to $1.7 trillion, up 11% year-over-year [15][25] Business Line Data and Key Metrics Changes - Advice & Wealth Management (AWM) adjusted operating net revenues increased by 12% to $3.2 billion, benefiting from higher client assets and activity levels [29] - The RAP business saw assets increase by 17% to $670 billion, with net inflows of $12.1 billion in the quarter [27][16] - Asset management operating earnings rose by 17% to $293 million, with total assets under management and advisement reaching $721 billion, up both year-over-year and sequentially [32] Market Data and Key Metrics Changes - Total client assets reached a new record of $1.2 trillion at year-end, up 13% from focused actions to drive flows and positive market conditions [15][27] - Total client inflows were $13.3 billion, up 18%, marking one of the best quarters for flows [16][27] - Transactional activity increased by 5% year-over-year, primarily from growth in annuity products and brokerage [28] Company Strategy and Development Direction - The company is focused on investing in technology, digital capabilities, AI, and cloud infrastructure to enhance client and advisor experiences [15][24] - Ameriprise aims to leverage its diversified revenue streams and effective expense management to sustain strong financial performance even in challenging environments [8][15] - The firm is committed to maintaining a competitive edge through continuous innovation and enhancing its value proposition for advisors [9][18] Management's Comments on Operating Environment and Future Outlook - Management noted a fluid operating environment with elevated inflation and interest rate changes impacting the market, but expressed confidence in the company's resilience and relevance [7][14] - The outlook for 2026 remains positive, with expectations for continued organic growth and strong recruiting momentum [60][61] - Management emphasized the importance of maintaining a strong advisor value proposition and client satisfaction to drive future growth [18][19] Other Important Information - Ameriprise returned over 100% of operating earnings to shareholders in Q4 2025, with a total capital return for the year reaching nearly 90% [25][36] - The company was recognized as one of America's Most Iconic Companies by TIME and included in several prestigious rankings for management and responsibility [23][24] Q&A Session Summary Question: Can you help reconcile the acceleration in net new flows with the lower distribution expense ratio? - Management noted strong flows in Q4 were driven by organic growth and improved advisor productivity, with distribution expenses aligned with revenue growth [38][40] Question: What should we expect for 2026 growth in firm-wide OpEx and G&A growth within AWM? - Management indicated continued investment in technology and services while also transforming the expense base to maintain efficiency [44][48] Question: Can you provide more color on the strong results in Q4 2025 and expectations for early 2026? - Management highlighted strong organic growth and advisor retention, with a positive outlook for recruiting and flows [51][53] Question: How should we think about the buyback going forward? - Management expressed confidence in returning capital to shareholders, maintaining a range of 85%-90% for capital return based on current capabilities [54][55] Question: What does the consolidation opportunity look like for asset management? - Management acknowledged ongoing consolidation in the industry but emphasized their strong technology capabilities and product offerings to attract assets [98][100]

Financial Data and Key Metrics Changes - Ameriprise reported adjusted operating revenue growth of 10% to $4.9 billion in Q4 2025, with earnings increasing 10% to over $1 billion and EPS rising 16% to $10.83 [16][27] - Return on equity reached a record high of 53.2%, up over 100 basis points [16][27] - Total assets under management, administration, and advisement grew to $1.7 trillion, up 11% year-over-year [17][27] Business Line Data and Key Metrics Changes - Wealth management adjusted operating net revenues increased 12% to $3.2 billion, driven by strong client engagement and higher activity levels [31] - The RAP business saw assets increase 17% to a record high of $670 billion, with net inflows of $12.1 billion in the quarter [29][18] - Asset management operating earnings increased 17% to $293 million, with total assets under management and advisement reaching $721 billion, up 6% [34][23] Market Data and Key Metrics Changes - Total client assets reached a new record of $1.2 trillion at year-end, up 13% from focused actions to drive flows and positive market conditions [17][29] - Total client inflows were $13.3 billion, up 18%, marking one of the best quarters for flows [18][29] - Transactional activity increased 5% year-over-year, primarily from growth in annuity products and brokerage [30] Company Strategy and Development Direction - Ameriprise is focused on leveraging investments in technology, digital capabilities, AI, and cloud infrastructure to enhance client and advisor experiences [17][18] - The company aims to continue its strong recruiting momentum, having added 91 experienced advisors in Q4 2025, with a strong pipeline for future recruitment [21][22] - Ameriprise's strategy includes maintaining a diversified revenue stream and effective expense management to sustain strong financial performance [9][16] Management's Comments on Operating Environment and Future Outlook - The operating environment remains fluid, with elevated inflation and signs of softening in the labor market, but Ameriprise continues to demonstrate resilience [8][9] - Management expressed confidence in the company's ability to sustain strong financial performance even in challenging environments, supported by a complementary mix of revenue streams [9][16] - The company is optimistic about its growth prospects moving into 2026, with a clear strategy and ongoing innovation [26][38] Other Important Information - Ameriprise returned over 100% of operating earnings to shareholders in Q4 2025, with a total capital return for the year of nearly 90% [25][28] - The company was recognized as one of America's Most Iconic Companies by TIME and included in several prestigious rankings for management and responsibility [26] Q&A Session Summary Question: Organic growth and recruiting backdrop - Management noted strong organic growth and new client flows, with good retention levels contributing to the positive results [40][42] Question: Expense outlook for 2026 - Management indicated that while investments will continue, they are also focused on transforming the expense base to maintain efficiency [46][50] Question: Buyback strategy and excess capital - The company plans to maintain a capital return range of 85%-90% of operating earnings, with a focus on returning capital to shareholders [56][57] Question: Cash growth and seasonal trends - Management acknowledged seasonal factors affecting cash growth but expressed confidence in underlying cash generation capabilities [95][96] Question: Consolidation opportunities in asset management - Management highlighted ongoing transformation and investment in technology to enhance capabilities and maintain competitive margins [100][102]