Ameriprise Financial Inc

Company facts

Industry

Investment Advice

Headquarters

Minneapolis, Minnesota

Most recent report

10-Q, filed Aug 4, 2026

Incorporated

Delaware

Filings on record

1,001+ filings

On EDGAR

CIK 820027

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 3 of 11 sections worth reading, with 6 positive, 8 notable, and 3 negative flags.

• Financial Statements (Item 1)

  Core financial statements and detailed notes with specific company results and changes.
  Notable

  • Issued $750M in new unsecured senior notes on June 9, 2026 (due 2031 and 2036).

• Management's Discussion (Item 2)

  Full MD&A with P&L, segment results, liquidity details – essential for results.
  Positive

  • Management & financial advice fees +18% Q2, +16% H1 on market & wrap inflows.
  • Distribution fees +14% Q2, +11% H1 on higher transactional activity & markets.
  • Banking & deposit interest expense down 37% Q2, 39% H1 on lower rates/balances.
  • Termination of Comerica Bank relationship: $28M benefit in H1 other revenues.
  • Dividend declared $1.70 per share for August 2026 payment.
  • Share repurchase: 3.3M shares at avg $470.84 in H1; $1.1B remaining under $4.5B authorization.
  Notable

  • Interest credited to fixed accounts +78% Q2, +38% H1 driven by IUL hedge impacts.
  • Benefits, claims up 14% Q2 on SVA volume; down 4% H1 reflecting prior period.
  • General & admin expense +6% Q2, +3% H1 on Seligman comp and growth investments.
  • Corporate & Other adjusted operating loss improved 18% Q2, 17% H1 on lower G&A.
  • Nonperformance risk: zero-spread equity impact $439M (down from $558M at March 31).
  Negative

  • Distribution expenses +33% Q2, +21% H1; growing faster than distribution fees.
  • Asset Management net outflows $6.5B Q2, $12.7B H1; partially offset by market gains.

• Market Risk (Item 3)

  Quantified market risk sensitivities and unhedged exposures, with significant changes from prior quarter.
  Notable

  • $3.0B in maturing securities at 4.1% yield and $28.0B in RMBS at 4.7% yield face reinvestment risk.
  • Average yield on new investment purchases during six months ended June 30, 2026 was 4.8%.
  Negative

  • $14.9B of fixed annuity/insurance liabilities not hedged, out of $49.2B total policyholder balances.

What changed: Jun 2026 vs. Mar 2026

About 10% of AMP's Jun 2026 10-Q is new information. 77 paragraphs were added, 238 changed, and 13 removed. Below are the most important lines SECSift identified.

• Item 2 138
• Item 1 75
• Item 3 7
• Item 4 2
• Item 6 2
• Item 5 1