Ameriprise: Cash Sweep Fears Are Overdone

Core Insights - Ameriprise Financial (AMP) shares have underperformed over the past year, losing approximately 11% of their value, which is particularly disappointing given the expected benefits from its wealth management unit amid rising market levels [1] Group 1 - The performance of Ameriprise Financial's stock is concerning, especially in the context of its wealth management unit's potential to thrive in a rising market [1] - The article highlights a macro view and stock-specific turnaround stories as a strategy for achieving outsized returns with a favorable risk/reward profile [1]