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Ameriprise Financial AMP Asset 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 asset management — general and administrative expense?
Ameriprise Financial (AMP) reported asset management — general and administrative expense of $369M 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 $354M to $369M.
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?
This represents the overhead costs required to run the asset management segment, including personnel, technology, office facilities, and professional services. It excludes direct acquisition or variable costs, focusing on the fixed and semi-fixed operational base. Tracking this is essential for evaluating the operating leverage and cost discipline of the management team.