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AMP-News
AMP-Events
Steinmetz Jackson Wealth Management Joins Ameriprise Financial with Over $370M in Client Assets
Steinmetz Jackson Wealth Management Group recently joined the branch channel of Ameriprise Financial from Janney Montgomery Scott, LLC with more than $370M in client assets. The practice, located in Fort Lauderdale, Fla., is led by private wealth advisor Kenneth Steinmetz and financial advisor James Jackson, and includes registered client service associate Daniel Tila-Cohen and client service coordinator Stephanie Elie. The team joined Ameriprise to expand its planning-centric approach with access to sophisticated financial planning resources and an integrated technology platform designed to help deliver an even higher level of personalized service to clients.
Ameriprise Reports Revenue of $4.94B, Beating Consensus
Reports revenue $4.94B, consensus $4.83B. Jim Cracchiolo, CEO, said, "Ameriprise again delivered strong growth and excellent financial performance, including a record level of firm-wide assets. The consistency of our results reflects the strength of our diversified business and disciplined execution. Revenue and earnings increased by double digits, led by continued momentum in our fee-based wealth and asset management businesses. Our ongoing investments are reinforcing our leadership in advice, wealth management solutions and our technology ecosystem, including our AI capabilities. As we execute our strategy in the second half of the year, we remain focused on building on our excellent track record of innovation, disciplined execution and consistent value creation for Ameriprise clients, advisors and shareholders."
Sher Jeshiva Group Joins Ameriprise Financial Branch with $470M in Client Assets
Sher Jeshiva Group, a financial advisory practice, recently joined the branch channel of Ameriprise Financial from Wells Fargo Clearing Services with $470M in client assets. The practice led by financial advisors Glen Sher and Michael Jeshiva, and includes financial advisor Philip Basile and registered client service associate Kathryn Acer-Richard.
Ameriprise Financial Increases Quarterly Cash Dividend to $1.70 per Share
The Board of Directors of Ameriprise Financial announced a 6%, or 10c per share, increase in the company's regular quarterly cash dividend to $1.70 per share payable on May 22, 2026 to shareholders of record at the close of business on May 4, 2026.
Ameriprise Q1 Revenue Hits $4.81B, Exceeds Expectations
Reports Q1 revenue $4.81B, consensus $4.7B. Perspective from Jim Cracchiolo, Chairman and Chief Executive Officer, "Ameriprise delivered a strong start to the year, with significant revenue and earnings growth driven by the durability of our business and consistent execution of our strategy. In an environment of heightened market volatility and uncertainty, clients remain highly engaged and well-served by our personalized advice, expert investment perspective and broad product range. We continue to invest across the business with a clear long-term focus - further enhancing our strong client experience, solutions, technology and AI capabilities. Our capital strength remains a clear differentiator. During the quarter, we returned 88% of operating earnings to shareholders and today announced an additional 6% increase in our quarterly dividend, further reinforcing our confidence in the business and strong track record of generating shareholder value."
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