Ameriprise Financial Asset Management — General and administrative expense decreased by 22.5% to $369.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.2%, from $354.00M to $369.00M. Over 3 years (FY 2022 to FY 2025), Asset Management — General and administrative expense shows relatively stable performance with a -1.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
A decrease in these expenses relative to assets under management suggests improved operational efficiency and scalability.
This represents the overhead costs required to run the asset management segment, including personnel, technology, office...
Commonly reported as SG&A or operating expenses in segment disclosures for asset managers and wealth management firms.
amp_segment_asset_management_general_and_administrative_expense| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $413.25M | $413.25M | $413.25M | $413.25M | $405.00M | $405.00M | $405.00M | $405.00M | $403.00M | $384.00M | $383.00M | $422.00M | $354.00M | $364.00M | $387.00M | $476.00M | $369.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -2.0% | +0.0% | +0.0% | +0.0% | -0.5% | -4.7% | -0.3% | +10.2% | -16.1% | +2.8% | +6.3% | +23.0% | -22.5% |
| YoY Change | — | — | — | — | -2.0% | -2.0% | -2.0% | -2.0% | -0.5% | -5.2% | -5.4% | +4.2% | -12.2% | -5.2% | +1.0% | +12.8% | +4.2% |