Core Insights - Ameriprise Financial, Inc. (AMP) has provided an update on expected impacts to first quarter results, indicating a negative effect on earnings due to fewer trading and fee days [1][2]. Group 1: Trading Days Impact - The first quarter has 61 trading days compared to 64 in the fourth quarter of 2025, leading to an expected negative impact of approximately $6 million on pretax adjusted operating earnings in Advice & Wealth Management [1]. Group 2: Fee Days Impact - There are 90 fee days in the first quarter compared to 92 in the fourth quarter, resulting in a projected sequential negative impact of approximately $18 million in Advice & Wealth Management and about $10 million in Asset Management due to fewer fee days [2]. Group 3: Tax Rate Expectations - The company anticipates the operating effective tax rate to be in the range of 20%-22% for the first quarter and for the full year 2026 [2]. Group 4: Stock Performance - At the last close, Ameriprise Financial shares were trading at $465.68, reflecting a decrease of 2.03% [3].