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Ameriprise Financial AMP Advice & Wealth Management — General and administrative expense

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Other financials

Income statement

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Revenue$4.8B+10.5%
Net income$915.0M+56.9%
EPS (diluted)$9.68+66.0%

Balance sheet

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Cash & equivalents$9.4B+4.8%
Total debt$276.0M-14.3%
Total equity$6.2B+14.5%
Total assets$184.45B+3.0%

Cash flow

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Operating cash flow$459.0M-72.8%
CapEx$29.0M-19.4%
Free cash flow$430.0M-73.9%

Valuation

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Market cap$40.75B-16.1%
P/E10.5×-5.8×
P/S2.2×-0.6×

Profitability

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Net margin20.6%+3.4pp
FCF margin36.7%-1.6pp

Returns & leverage

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Return on equity66.9%+8.8pp
Debt / equity0.0×

Where this comes from

Reported directly by Ameriprise Financial in its filing.

Tagged under the XBRL concept amp:AdjustedGeneralAndAdministrativeExpense.

The official record: Ameriprise Financial’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ameriprise Financial's advice & wealth management — general and administrative expense?
Ameriprise Financial (AMP) reported advice & wealth management — general and administrative expense of $439M in Q1 2026.
How has Ameriprise Financial's advice & wealth management — general and administrative expense changed year-over-year?
Ameriprise Financial's advice & wealth management — general and administrative expense increased by 3.5% year-over-year, from $424M to $439M.
What is the long-term trend for Ameriprise Financial's advice & wealth management — general and administrative expense?
Over 3 years (2022 to 2025), Ameriprise Financial's advice & wealth management — general and administrative expense has grown at a 4.6% compound annual growth rate (CAGR), from $1.54B to $1.76B.
What does advice & wealth management — general and administrative expense mean?
This represents the core operating expenses required to run the advice and wealth management business, including personnel, technology, office facilities, and compliance costs. It excludes specific acquisition or interest costs, focusing on the day-to-day overhead of the advisor network and support staff. It is a key indicator of the segment's operational efficiency and scalability.