Business Segments · General and administrative expense

Asset Management — General and administrative expense

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.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026

How to read this metric

A decrease in these expenses relative to assets under management suggests improved operational efficiency and scalability.

Detailed definition

This represents the overhead costs required to run the asset management segment, including personnel, technology, office...

Peer comparison

Commonly reported as SG&A or operating expenses in segment disclosures for asset managers and wealth management firms.

Metric ID: amp_segment_asset_management_general_and_administrative_expense

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$354.00M$476.00M
CAGR-2.8%
Avg YoY Growth-1.1%
Median YoY Growth-2.0%

Frequently Asked Questions

What is Ameriprise Financial's asset management — general and administrative expense?
Ameriprise Financial (AMP) reported asset management — general and administrative expense of $369.00M in Q1 2026.
How has Ameriprise Financial's asset management — general and administrative expense changed year-over-year?
Ameriprise Financial's asset management — general and administrative expense increased by 4.2% year-over-year, from $354.00M to $369.00M.
What is the long-term trend for Ameriprise Financial's asset management — general and administrative expense?
Over 3 years (2022 to 2025), Ameriprise Financial's asset management — general and administrative expense has grown at a -1.5% compound annual growth rate (CAGR), from $1.65B to $1.58B.
What does asset management — general and administrative expense mean?
The core operational overhead costs required to run the asset management business.