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QIAGEN Unveils QIAsymphony Connect and Showcases New Precision Oncology Innovations at AMP 2025
Businesswire· 2025-11-10 06:30
Core Insights - QIAGEN has launched QIAsymphony Connect, an advanced automated nucleic acid purification platform, at the AMP 2025 meeting, aimed at enhancing liquid biopsy applications [1][2][3] Product Innovations - QIAsymphony Connect builds on over 3,000 placements of its predecessor and is designed for improved speed, sample traceability, and digital connectivity [2][5] - The platform features superior extraction performance, higher throughput (up to 50% more samples), optimized workflows for high-sensitivity oncology applications, full sample traceability, and seamless connectivity with laboratory information management systems (LIMS) [6][5] Strategic Partnerships - QIAGEN is showcasing its partnerships in precision oncology, including a collaboration with Myriad Genetics to develop a homologous recombination deficiency (HRD) assay for cancer profiling [3][5][12] - The QIAseq xHYB HRD Panel can be combined with the QIAseq xHYB CGP Panel for comprehensive genomic profiling, analyzing 724 cancer-relevant genes and key therapy biomarkers [9][12] Market Positioning - The introduction of QIAsymphony Connect reflects QIAGEN's commitment to advancing sample technologies and supporting laboratories in processing complex samples with greater precision and speed [4][5] - QIAGEN's presence at AMP 2025 emphasizes its leadership in providing Sample to Insight solutions for both research and clinical applications [3][4]
Ameriprise Financial(AMP) - 2025 Q3 - Quarterly Report
2025-10-31 18:47
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from_______________________to_______________________ Commission File No. 1-32525 AMERIPRISE FINANCIAL, INC. (Exact name of registrant as specified in its charter) | Delawa ...
Ameriprise: Cash Sweep Fears Are Overdone
Seeking Alpha· 2025-10-30 19:37
Shares of Ameriprise Financial ( AMP ) have been a poor performer over the past year, losing about 11% of their value. Given how its wealth management unit benefits from rising market levels, the performance this year is particularly disappointing, and it speaks to the fearOver 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 quest ...
Ameriprise Q3 Earnings Beat on Higher Revenues & AUM Growth
ZACKS· 2025-10-30 18:01
Key Takeaways Ameriprise posted Q3 adjusted earnings of $9.92 per share, up 12.3% year over year.Revenues rose 6% to $4.61B, driven by record AUM and AUA of $1.66T.The company repurchased 1.4M shares for $687M, while expenses increased 4.8%.Ameriprise Financial’s (AMP) third-quarter 2025 adjusted operating earnings of $9.92 per share handily surpassed the Zacks Consensus Estimate of $9.60. The bottom line reflected a rise of 12.3% from the year-ago quarter.Results benefited from higher revenues and a solid ...
Ameriprise Adds 90 Advisors in Q3; UBS Reports Another Headcount Dip
Yahoo Finance· 2025-10-30 17:03
Core Insights - Ameriprise added 90 financial advisors in Q3, marking an increase from the previous year [1] - UBS experienced a decline in advisor headcount in the Americas due to changes in compensation and buyout packages aimed at enhancing profitability [1] Group 1: Advisor Recruitment and Compensation - James Cracchiolo, CEO of Ameriprise, stated that the firm is attracting advisors through ongoing investments and its financial strength [2] - Ameriprise reported adding 71 advisors in Q3 2024, with a total advisor headcount of 10,427 as of January [3] - Cracchiolo noted a mix of "rational" and "irrational" recruiting offers in the market [3] - The firm has slightly increased pay packages to remain competitive while focusing on a full-service platform and technology investment [4][5] Group 2: Financial Performance - Ameriprise's total revenue rose by 4% to $4.3 billion, driven by asset growth and transactional sales, leading to a 78% increase in net earnings to $912 million [5] - The company's assets under management, administration, and advisement reached a record $1.7 trillion, with client assets increasing by 11% to $1.1 trillion [7] Group 3: Wealth Management Initiatives - Ameriprise launched a new wealth management platform, Signature Wealth, in June, which offers advisors a unified managed account for client portfolios [6]
Ameriprise (AMP) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-10-30 16:01
Core Insights - Ameriprise Financial Services (AMP) reported a revenue of $4.61 billion for Q3 2025, marking a year-over-year increase of 6.1% and surpassing the Zacks Consensus Estimate by 2.01% [1] - The earnings per share (EPS) for the same quarter was $9.92, compared to $8.83 a year ago, representing a surprise of 3.33% over the consensus estimate of $9.60 [1] Financial Performance Metrics - Total Assets Under Management (AUM) stood at $1.27 billion, slightly below the average estimate of $1.28 billion [4] - Total Assets Under Administration reached $347.92 million, exceeding the average estimate of $334.57 million [4] - Combined Total Assets Under Management and Administration was $1.66 billion, above the average estimate of $1.62 billion [4] - Distribution fees revenue was $539 million, compared to the average estimate of $553.36 million, reflecting a year-over-year increase of 5.1% [4] - Net investment income was reported at $920 million, surpassing the average estimate of $833.84 million, but showing a year-over-year decline of 1.5% [4] - Premiums, policy, and contract charges revenue was $493 million, significantly higher than the estimated $373.8 million, indicating a year-over-year increase of 20.5% [4] - Other revenues totaled $130 million, slightly below the average estimate of $134.25 million, with a year-over-year change of -0.8% [4] - Management and financial advice fees revenue was $2.81 billion, exceeding the average estimate of $2.75 billion, representing a year-over-year increase of 9.3% [4] - Asset Management revenue was reported at $906 million, above the average estimate of $892.41 million, reflecting a year-over-year increase of 2.7% [4] - The stock of Ameriprise has returned -1.7% over the past month, while the Zacks S&P 500 composite has increased by 3.6% [3] - Ameriprise currently holds a Zacks Rank 2 (Buy), suggesting potential outperformance against the broader market in the near term [3]
Ameriprise Financial(AMP) - 2025 Q3 - Earnings Call Transcript
2025-10-30 14:02
Financial Data and Key Metrics Changes - Ameriprise Financial reported adjusted operating EPS excluding unlocking increased by 12% to $9.92, with a strong margin of 27% across the firm [18] - Adjusted operating net revenues excluding unlocking rose by 6% to $4.6 billion, driven by asset growth [18] - Assets under management, administration, and advisement reached a record high of $1.7 trillion, up 8% year over year [8][19] Business Line Data and Key Metrics Changes - Wealth Management client assets grew to a record $1.1 trillion, with $29 billion of flows over the past year [19] - Wrap assets increased by 14% to $650 billion, with wrap flows of $30 billion over the past year [20] - In Asset Management, total assets under management and advisement increased to $714 billion, with net outflows improving to $3.4 billion [24] Market Data and Key Metrics Changes - The firm experienced strong advisor productivity growth of 10%, reaching a new high of $1.1 million [21] - The company reported a stable cash sweep balance of $27.1 billion compared to $27.4 billion in the prior quarter [20] - The overall bank portfolio has a yield of 4.6% with a 3.7-year duration [23] Company Strategy and Development Direction - Ameriprise Financial is focused on sustainable, profitable growth and enhancing its value proposition through investments in technology and capabilities [10][15] - The company launched the Signature Wealth Platform, which is expected to attract new assets and improve client portfolio management [11][99] - The firm is also expanding its AFIG business by partnering with banks and credit unions to provide sophisticated wealth management solutions [11] Management's Comments on Operating Environment and Future Outlook - Management noted a fluid operating environment with elevated inflation and interest rates, but emphasized the firm's resilience and relevance [6][7] - The company is well-positioned for future challenges, supported by a diversified revenue mix and effective expense management [8] - Management expressed confidence in the firm's ability to sustain strong financial performance despite potential market fluctuations [15][17] Other Important Information - Ameriprise Financial returned $3.1 billion of capital to shareholders over the last 12 months, maintaining a strong capital return strategy [28] - The firm achieved a return on equity of nearly 53%, which is considered best in class within the financial services sector [8][19] - The company has been recognized for outstanding customer service and employee engagement, reflecting its strong brand and client satisfaction [16] Q&A Session Summary Question: Can you comment on the Comerica relationship? - Management expressed confidence in the relationship with Comerica, noting strong reviews from their executives and advisors [31][32] Question: What happened with the two large advisor teams that left? - Management indicated that these departures are part of normal fluctuations and emphasized strong recruiting efforts with 90 new advisors joining [35][36] Question: Is the lower flow activity an indicator of market conditions? - Management acknowledged various factors affecting flow activity, including market conditions and advisor engagement, but remains optimistic about long-term growth [38][39] Question: What is the outlook for advisor payouts? - Management stated that they continuously evaluate advisor compensation but are currently satisfied with their competitive position [81][85] Question: How is the cash behavior in the wealth management platform? - Management reported that cash balances have remained stable despite recent Fed rate cuts [94][95]
Ameriprise Financial(AMP) - 2025 Q3 - Earnings Call Transcript
2025-10-30 14:02
Ameriprise Financial (NYSE:AMP) Q3 2025 Earnings Call October 30, 2025 09:00 AM ET Company ParticipantsRyan Krueger - Managing DirectorDavid Giunta - Equity Research AssociateWilma Burdis - DirectorWalter Berman - EVP and CFOStephanie Rabe - SVP of Investor Relations and Mergers and AcquisitionsAlex Blostein - Managing DirectorSteven Chubak - Managing DirectorKarim Assef - Chairman of Global Investment BankingTom Gallagher - Senior Managing DirectorJim Cracchiolo - Chairman and CEOConference Call Participan ...
Ameriprise Financial(AMP) - 2025 Q3 - Earnings Call Transcript
2025-10-30 14:00
Financial Data and Key Metrics Changes - Ameriprise Financial reported adjusted operating EPS excluding unlocking increased by 12% to $9.92, with a strong margin of 27% across the firm [16][17] - Assets under management, administration, and advisement reached a record high of $1.7 trillion, up 8% year over year [5][17] - Adjusted operating net revenues excluding unlocking increased by 6% to $4.6 billion, driven by asset growth [16][17] Business Line Data and Key Metrics Changes - In Wealth Management, adjusted operating net revenues increased by 9% to $3 billion, with client assets growing to a record $1.1 trillion [19][20] - Wrap assets increased by 14% to $650 billion, with wrap flows of $30 billion over the past year [18][19] - Retirement and Protection Solutions reported pre-tax adjusted operating earnings of $200 million, reflecting strong interest earnings and higher equity markets [24] Market Data and Key Metrics Changes - Net outflows in asset management improved significantly to $3.4 billion, with retail flows benefiting from higher gross sales [23] - The company experienced solid interest in variable universal life and structured variable annuities, indicating strong demand in the market [9][24] Company Strategy and Development Direction - The company is focused on sustainable, profitable growth and enhancing its value proposition through investments in technology and advisor capabilities [7][12] - Ameriprise Financial is leveraging its bank to minimize the impact of Fed Funds rate reductions on its AWM business [22] - The launch of the Signature Wealth Platform is expected to attract new assets and improve client portfolio management [8][112] Management's Comments on Operating Environment and Future Outlook - Management noted a fluid operating environment with elevated inflation and interest rates, but emphasized the company's resilience and relevance [4][5] - The company is well-positioned for future challenges, supported by a diversified revenue mix and effective expense management [5][12] - Management expressed confidence in the company's ability to navigate market changes and maintain strong client satisfaction [12][15] Other Important Information - Ameriprise Financial returned $3.1 billion of capital to shareholders over the past 12 months, maintaining a strong capital return strategy [26] - The company has a strong balance sheet with excess capital of $2.2 billion and $2.5 billion of available liquidity [25][26] Q&A Session Summary Question: Can you comment on the Comerica relationship given the recent M&A? - Management expressed confidence in the relationship with Comerica, highlighting strong reviews from their executives and advisors [32][34] Question: Can you unpack what happened with the two large advisor teams that left? - Management indicated that the departures were one-off events and emphasized strong recruiting efforts, bringing in 90 new advisors [36][38] Question: Is the lower flow activity this year an indicator of market conditions? - Management suggested that the market is hot, but client engagement and transaction activity remain strong [40][41] Question: Do you see opportunities arising from potential over-leveraging in the market? - Management affirmed that downturns present opportunities, emphasizing the company's strong fundamentals and client satisfaction [43] Question: Can you provide an update on the Signature Wealth Platform rollout? - Management reported that the rollout is going well, with positive feedback from advisors and early success in attracting new assets [110][112]
Ameriprise Financial Services (AMP) Beats Q3 Earnings and Revenue Estimates
ZACKS· 2025-10-30 13:56
Ameriprise Financial Services (AMP) came out with quarterly earnings of $9.92 per share, beating the Zacks Consensus Estimate of $9.6 per share. This compares to earnings of $8.83 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +3.33%. A quarter ago, it was expected that this financial services company would post earnings of $9 per share when it actually produced earnings of $9.11, delivering a surprise of +1.22%.Over the last ...