Core Insights - Financial advisor Roy LeBlanc has joined Ameriprise Financial, Inc. from Wells Fargo Clearing Services, managing over $100 million in client assets [1] - LeBlanc has joined Azalea Wealth Management in Mobile, Alabama, which is led by Private Wealth Advisor David McKean Jr. [1] - This transition represents a professional reunion for LeBlanc and McKean, who previously worked together at their former firm [1]

Core Insights - Ameriprise Financial, Inc. debuted on the New York Stock Exchange in October 2005 as the sixth largest spin-off in U.S. history [1] - The company has over a century of corporate history, distinguishing it among few firms in the U.S. [1] - Under the leadership of Jim Cracchiolo, the company has established itself as a leading diversified financial services firm over the last 20 years [1]

Core Insights - Oakwood Financial Group has transitioned to Ameriprise Financial, Inc. from Wells Fargo Clearing Services, Inc. with $260 million in client assets [1] Company Summary - The financial advisory practice is based in Winter Park, Florida, and is led by financial advisor Mike Lloyd, along with financial advisor Gregg Mulvany and client service specialist Joel Ingram [1] - The move was motivated by the team's desire to elevate their practice [1]

Core Viewpoint - Ameriprise Financial, Inc. (AMP) is a leading diversified financial services company with a market cap of $46.4 billion, focusing on comprehensive financial planning and advice for individual and institutional clients [1] Financial Performance Expectations - Analysts anticipate AMP to report a profit of $9.42 per share for the fiscal third quarter of 2025, reflecting a 6.7% increase from $8.83 per share in the same quarter last year [2] - For the current fiscal year, EPS is expected to be $37.82, up 10.1% from $34.35 in fiscal 2024, with a further rise to $41.05 projected for fiscal 2026, representing an 8.5% year-over-year increase [3] Stock Performance - Over the past year, AMP stock has increased by 2.6%, which is significantly lower than the S&P 500 Index's 17.8% gains and the Financial Select Sector SPDR Fund's 19.7% gains during the same period [4] Analyst Ratings and Price Targets - Bank of America Securities analyst Craig Siegenthaler has reiterated a "Buy" rating on AMP, setting a price target of $599 [5] - The consensus opinion on AMP stock is neutral, with a "Hold" rating overall; among 15 analysts, there are four "Strong Buy," two "Moderate Buy," seven "Hold," and two "Strong Sell" recommendations, with a mean target price of $554.92 indicating a potential upside of 12.8% from current market prices [6]

Core Viewpoint - Ameriprise Financial (AMP) is currently considered a strong value stock, supported by its favorable valuation metrics and earnings outlook [3][7]. Valuation Metrics - AMP has a P/E ratio of 12.26, significantly lower than the industry average of 16.86, indicating potential undervaluation [3]. - The stock's PEG ratio stands at 0.98, compared to the industry average of 1.10, suggesting that AMP is priced attractively relative to its expected earnings growth [4]. - AMP's P/S ratio is 2.63, which is lower than the industry's average of 3.18, reinforcing the notion of undervaluation [5]. - The P/CF ratio for AMP is 15.60, well below the industry average of 41.95, highlighting its strong cash flow outlook [6]. Investment Outlook - Given the combination of these valuation metrics and the strength of its earnings outlook, AMP is positioned as one of the market's strongest value stocks [7].

Core Viewpoint - Ameriprise Financial Services (AMP) has received a Zacks Rank 2 (Buy) upgrade due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][2]. Earnings Estimates and Stock Price Movement - The Zacks rating system emphasizes the correlation between changes in earnings estimates and near-term stock price movements, making it a valuable tool for investors [2][3]. - Institutional investors utilize earnings estimates to determine the fair value of stocks, leading to price movements based on their buying or selling actions [3]. Business Improvement Indicators - The increase in earnings estimates and the Zacks rating upgrade suggest an improvement in Ameriprise's underlying business, which could lead to higher stock prices as investors respond positively [4]. Importance of Earnings Estimate Revisions - Research indicates a strong correlation between earnings estimate revisions and stock movements, highlighting the importance of tracking these revisions for investment decisions [5]. - The Zacks Rank system effectively leverages earnings estimate revisions to classify stocks, providing a structured approach to investment [6]. Specifics on Ameriprise's Earnings Estimates - Ameriprise is projected to earn $37.73 per share for the fiscal year ending December 2025, with no year-over-year change expected [7]. - Over the past three months, the Zacks Consensus Estimate for Ameriprise has increased by 2.6%, indicating positive sentiment among analysts [7]. Zacks Rating System Overview - The Zacks rating system maintains a balanced distribution of "buy" and "sell" ratings across its universe of over 4,000 stocks, with only the top 20% receiving higher ratings [8][9]. - The upgrade of Ameriprise to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [9].

Core Insights - A significant majority of parents, 65%, believe they will have sufficient funds for a comfortable retirement [1] - However, 36% of parents express concern that financially supporting adult children may hinder their retirement plans [1] - Nearly all parents (96%) who engage with a financial advisor feel confident about achieving their top three financial goals [1] - Approximately 78% of parents report that their financial advisor has been helpful in this regard [1]

Core Insights - Ameriprise Financial, Inc. has announced that 20 of its financial advisors have been recognized in Barron's "Top 100 Independent Financial Advisors" ranking [1] - The ranking is based on various success factors, including the volume of client assets managed, revenues generated for the firm, and the quality of the advisors' practices [1]

Core Insights - Financial advisor Mike Felton has joined Ameriprise Financial from Merrill Lynch, bringing $110 million in client assets [1] - Felton, a 20-year industry veteran based in Charleston, S.C., sought greater control over his practice and alignment with a firm focused on comprehensive financial planning and advisor support [1] - Ameriprise's commitment to financial planning was a significant factor in Felton's decision to join the firm [1]

Core Insights - Ameriprise Financial, Inc. (AMP) is a diversified global financial services firm headquartered in Minneapolis, Minnesota, offering solutions in financial planning, investment management, and retirement services [1] - The company has a market capitalization of approximately $46.9 billion, positioning it in the large-cap category, and has built trust through disciplined strategies and long-term relationships [2] Stock Performance - AMP stock is currently trading about 14.6% below its January high of $582.05, with a decline of nearly 3.6% over the past three months, while the Financial Select Sector SPDR Fund (XLF) has gained 5.5% [3] - Over the past 52 weeks, AMP stock has increased by 14.2%, but has retreated by 6.6% year-to-date (YTD) in 2025, while XLF has surged 21.1% in the same period [4] Financial Results - In Q2 2025, Ameriprise reported adjusted revenue of $4.34 billion, a 3.9% year-over-year increase, and adjusted EPS of $9.11, up 6.8% from the previous year, exceeding Wall Street expectations [5] - Despite these positive results, the stock fell approximately 3.7% on the day of the earnings release, attributed to rising adjusted operating expenses, which increased 4.3% annually to $3.2 billion [6] Future Outlook - Analysts maintain an optimistic long-term outlook for Ameriprise, with assets under management, administration, and advisement reaching a record $1.6 trillion, reflecting a 9% increase [7] - The combination of steady client asset growth, dividend increases, and capital return initiatives is expected to bolster confidence in the company's sustained profitability [7]