Core Insights - Ameriprise Financial Services (AMP) has a strong track record of beating earnings estimates, with an average surprise of 1.18% over the last two quarters [1] - The most recent earnings report showed earnings of $7.75 per share, exceeding the Zacks Consensus Estimate of $7.67 per share by 1.04% [1] - The previous quarter also saw a positive surprise, with actual earnings of $7.68 per share against an expected $7.58 per share, resulting in a 1.32% surprise [1] Earnings Estimates - There has been a favorable change in earnings estimates for Ameriprise, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [2] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [2] Earnings ESP Analysis - Ameriprise currently has an Earnings ESP of +0.47%, suggesting analysts are optimistic about the company's earnings prospects [3] - The combination of a positive Earnings ESP and a Zacks Rank of 2 (Buy) indicates a high probability of another earnings beat [3] Importance of Earnings ESP - The Earnings ESP metric is crucial for predicting earnings performance, as it compares the Most Accurate Estimate to the Zacks Consensus Estimate [3] - A negative Earnings ESP reduces predictive power but does not necessarily indicate an earnings miss [3][4]

Core Insights - Ameriprise Financial has been awarded the 2024 BISA Technology and Innovation Award for its eMeeting capability, which enhances the meeting-preparation process for financial advisors [1][6] - The eMeeting tool allows advisors to create customized and branded client presentations, significantly improving efficiency and client engagement [1][2] - Since its launch in 2022, eMeeting has facilitated the creation of over 1 million client presentations by Ameriprise advisors [1] Company Overview - Ameriprise Financial has over 125 years of experience in providing financial services, including investment advice, asset management, and insurance [4] - The company operates a nationwide network of approximately 10,000 financial advisors, catering to a diverse range of individual and institutional investors [4] Technology and Innovation - The BISA Technology Innovation Award recognizes firms that advance the financial services industry through technological innovation [6] - Ameriprise's Chief Information Officer highlighted the importance of integrated technology in enhancing the advisor and client experience [2] - The eMeeting tool is fully integrated into Ameriprise's Customer Relationship Management (CRM) system, streamlining the meeting preparation process for advisors [1][2]

Investors interested in stocks from the Financial - Investment Management sector have probably already heard of Ameriprise Financial Services (AMP) and Ares Management (ARES) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The ...

For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Ameriprise Financial Services (AMP) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.Ameriprise Financial Services is a member of our Finance group, which includes 856 different companies and currently sits at #7 in the Zacks Sector Rank. The Zacks Sector R ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?Develope ...

Buyback stocks refer to companies aggressively repurchasing their own shares when they are undervalued. This strategy efficiently allocates capital to buy out external shareholders at discounted prices. Remaining investors win big through accelerated earnings per share growth.As investing legend Charlie Munger wisely advised, “Pay attention to the cannibals.” He was referring to cash-rich firms with share prices trading below intrinsic value. By concentrating ownership amongst fewer outstanding shares, buyb ...

MINNEAPOLIS--(BUSINESS WIRE)--Financial advisors Jim Guthrie CFP®, CRPC™, MBA and Stephen Rouner recently joined the branch channel of Ameriprise Financial, Inc. (NYSE: AMP) from Merrill Lynch with $320 million in client assets in Tacoma, Washington. The advisors are joined by Registered Client Service Associate Nick Vanderlinda and their practice operates under the name Guthrie Rouner Group. Guthrie Rouner Group joined Ameriprise Financial for several reasons: Focus on delivering an outstanding adviso ...

Ameriprise Financial’s (AMP) unit – Columbia Threadneedle Investments ("Columbia Threadneedle") – has announced an investment agreement aimed at bolstering its collateralized loan obligation (CLO) platform. This initiative, arranged with a consortium of investors led by Jefferies Financial (JEF) , includes AMP among its key participants.The agreement signifies a significant milestone in Columbia Threadneedle's commitment to strengthening its foothold in the fixed-income landscape. By leveraging the consorti ...

MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial (NYSE: AMP) has been named by Forbes as one of “America’s Best Large Employers” for the fourth consecutive year. The 2024 list ranks the top 600 U.S. companies that are most highly recommended by their employees as a great place to work. “It’s a privilege to have Ameriprise employees rank us as one of the best employers,” said Kelli Hunter Petruzillo, Executive Vice President of Human Resources at Ameriprise. “At Ameriprise, we take great care in buildin ...

BOSTON--(BUSINESS WIRE)--Columbia Threadneedle Investments (“Columbia Threadneedle”) today announced that it has entered into a strategic investment agreement to grow its CLO platform with a consortium of investors arranged by Jefferies (“the Consortium”) that includes Columbia Threadneedle’s parent company, Ameriprise Financial. The Consortium will commit equity capital that will support the issuance of multiple CLOs over the next several years. The agreement builds on an established relationship betwee ...