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Ameriprise Financial, Inc. (AMP), valued at $48 billion by market cap, is a leading diversified financial services firm headquartered in Minneapolis, Minnesota. Founded in 1894, the company has a long-standing history of providing comprehensive financial planning and advice. Ameriprise operates through three primary business segments: Advice & Wealth Management, Asset Management, and Retirement & Protection Solutions.
AMP shares have outperformed the broader market over the past year. AMP has gained 17.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 11.6%. However, in 2025, AMP stock is down 2.8%, compared to $SPX’s marginal rise.