Ameriprise Financial Intrinsic Value – Ameriprise Financial Recognized For Outstanding Client Service By Sears Advisory Group
April 1, 2023
Trending News ☀️
Ameriprise Financial ($NYSE:AMP) has been recognized for its outstanding client service by the Sears Advisory Group. The group has awarded Ameriprise the Client Experience Award for its exceptional customer service, including its commitment to helping clients make well-informed financial decisions. This award is an indication of Ameriprise’s dedication to providing excellent service to its customers. Ameriprise Financial is a diversified financial services company that provides a wide range of financial advice, products, and services to its retail and institutional customers.
The company is headquartered in Minneapolis, Minnesota, and provides services around the globe. It operates through its subsidiaries, which include Ameriprise Financial Advisors, Wealth Management, Asset Management, Asset Protection, Financial Planning, Retirement Solutions and Insurance. The company also serves clients through its subsidiaries such as J.D. Power and Associates, U.S. Bank and Wells Fargo Bank.
Stock Price
As seen in the stock market, investors had a positive reaction to this news as the company’s stock rose by 2.3% from its closing price of 291.4 to close at 298.2. This recognition highlights Ameriprise Financial‘s commitment to providing excellent customer experience and helping investors achieve their financial goals. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ameriprise Financial. More…
| Total Revenues | Net Income | Net Margin |
| 14.27k | 2.56k | 17.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ameriprise Financial. More…
| Operations | Investing | Financing |
| 4.41k | -13.58k | 8.43k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ameriprise Financial. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 158.47k | 154.85k | 34.32 |
Key Ratios Snapshot
Some of the financial key ratios for Ameriprise Financial are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.8% | – | 23.7% |
| FCF Margin | ROE | ROA |
| 29.6% | 61.5% | 1.3% |
Analysis – Ameriprise Financial Intrinsic Value
At GoodWhale, we performed an analysis of AMERIPRISE FINANCIAL‘s wellbeing. After conducting our proprietary Valuation Line assessment, we determined that the fair value of AMERIPRISE FINANCIAL share was around $284.0. Currently, AMERIPRISE FINANCIAL stock is traded at $298.2, indicating a fair price overvalued by 5.0%. More…
Peers
Ameriprise Financial Inc. is one of the largest financial services companies in the United States with tens of thousands of employees and advisors. The company offers a full range of financial services including banking, investments, insurance, and advice. Ameriprise Financial Inc. has a large network of branches and ATMs across the United States. The company’s competitors include Azimut Holding SPA, KKR & Co Inc, CI Financial Corp, and others.
– Azimut Holding SPA ($OTCPK:AZIHY)
Azimut Holding SPA is a holding company for the Azimut Group, a financial services provider. The Group offers a wide range of services, including asset management, private banking, and insurance. As of 2022, the Group had a market capitalization of 2.89 billion euros and a return on equity of 40.25%. The Group’s products and services are available in more than 20 countries worldwide.
– KKR & Co Inc ($NYSE:KKR)
KKR & Co Inc is a New York City-based global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and hedge funds. The company had a market cap of $44.73B as of 2022 and a ROE of 4.34%. KKR’s portfolio includes some of the world’s leading companies, such as First Data, Dell Technologies, and Walgreens Boots Alliance. The company has a team of over 1,600 professionals operating in 28 countries.
– CI Financial Corp ($TSX:CIX)
CI Financial Corp is a diversified wealth management company that provides financial services to clients through its subsidiaries. The company has a market cap of 2.62B as of 2022 and a ROE of 28.09%. CI Financial’s subsidiaries include CI Investments, Assante Wealth Management, and CI Private Counsel. The company’s primary operations are in Canada, but it also has a presence in the United States, Europe, and Asia.
Summary
Ameriprise Financial, a leading financial planning and wealth management firm, has been awarded the Ameriprise Client Experience Award by the Sears Advisory Group. This prestigious award recognizes Ameriprise Financial’s commitment to delivering exceptional client service and its dedication to helping clients achieve their long-term financial goals. Ameriprise Financial provides comprehensive investment advice, portfolio management services, retirement planning, retirement income strategies, insurance and estate planning services. The firm’s advisors are uniquely qualified to provide customized strategies based on each client’s unique goals and financial situation.
Ameriprise Financial’s disciplined investment process helps clients make sound financial decisions, from selecting the right investments to managing risk. In addition to its investment advice, Ameriprise Financial provides a wide range of services to help clients manage their financial affairs, including budgeting and cash flow planning, tax planning and estate planning. By offering exceptional financial advice and a comprehensive suite of services, Ameriprise Financial is committed to helping clients achieve their financial objectives.
