Discontinued — last reported Q4 '22
Management and financial advice fees — Contract costs
Ameriprise Financial Management and financial advice fees — Contract costs decreased by 15.4% to $33.00M in Q4 2022 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase in these costs relative to revenue may indicate declining margins or rising service delivery expenses, while a decrease suggests improved operational efficiency or economies of scale in the advisory network.
Detailed definition
This metric represents the direct costs incurred by the wealth management segment specifically associated with fulfillin...
Peer comparison
Peer wealth management firms typically report this as a component of cost of services or direct operating expenses, often benchmarked as a percentage of segment revenue to assess advisor productivity and service delivery costs.
amp_segment_management_and_financial_advice_fees_contract_costsHistorical Data
| Q4 '21 | Q4 '22 | |
|---|---|---|
| Value | $39.00M | $33.00M |
| QoQ Change | — | -15.4% |
| YoY Change | — | -15.4% |
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Frequently Asked Questions
- What is Ameriprise Financial's management and financial advice fees — contract costs?
- Ameriprise Financial (AMP) reported management and financial advice fees — contract costs of $33.00M in Q4 2022.
- What does management and financial advice fees — contract costs mean?
- The direct expenses incurred to deliver financial advisory and management services to clients.