Ameriprise Financial (NYSE: AMP) is a diversified financial services company that provides wealth management and asset management solutions to individual and institutional clients. It makes money through advisory fees, management fees, and financial planning services delivered across two primary segments: Wealth Management and Asset Management. Headquartered in Delaware and incorporated there as a holding company that operates through subsidiaries, Ameriprise has more than 130 years of operating history in financial planning and advice. The Wealth Management segment is described in the FY2025 10-K (filed 2026-02-19) as the primary growth engine of the business, targeting individual clients including baby boomers transitioning into retirement. The Asset Management segment serves institutional clients alongside individual investors. The company positions itself as a long-standing provider of holistic financial advice, managing and protecting client assets and income across a broad range of products and services.

Revenue model

Fee-based revenue from financial advisory services, asset management fees on client assets under management, and financial planning solutions delivered through Wealth Management and Asset Management segments, as described in the FY2025 10-K filed 2026-02-19.

Products and services

Financial planning and advice, wealth management solutions, asset management products, and income and asset protection services for individual and institutional clients, as disclosed in the FY2025 10-K filed 2026-02-19.

Customers and end markets

Individual retail clients including baby boomers and retirement-focused investors, and institutional clients. End markets include U.S. retail wealth management and institutional asset management, per the FY2025 10-K filed 2026-02-19.

Value-chain role

Direct provider of financial advice and asset management; operates as both an advisory intermediary and an asset manager for end clients.

Geographic exposure

Primary operations in the United States, with institutional asset management serving clients beyond the U.S., per the FY2025 10-K filed 2026-02-19. Specific revenue percentages by geography are not supported by the excerpts provided.

Source: SEC 10-K, filed 2026-02-19

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