Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

AMERIPRISE FINANCIAL, INC.

(AMP)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Ameriprise Financial : Minnesota Team with $250 Million Joins Ameriprise to Provide "Best-in-Class Experience" for Clients

10/22/2021 | 05:50am EST

Within their first month at Ameriprise, the team has retained nearly all their clients and acquired new ones

MINNEAPOLIS - Christensen Wealth Advisory Group, a wealth management practice managing in excess of $250 million in client assets in Edina, Minnesota, joined the branch channel of Ameriprise Financial, Inc. (NYSE: AMP) from Wells Fargo. Private Wealth Advisor Jeremy Christensen leads the team, which includes financial advisors Bruce Olson and Anthony Tsakakis, and registered client service associate Cheryl Larsen. The team evaluated the marketplace for more than two years before deciding on Ameriprise, which they chose for its extensive client experience, financial planning, and practice management capabilities.

The team has already seen a positive benefit from moving to Ameriprise. Within the first month, they retained the majority of their assets by servicing and deepening relationships with their loyal clients and acquiring new clients who are excited about their relationship with Ameriprise.

Reflecting on the transition, Christensen said, "We appreciate the opportunity to partner with the branch's leadership and various support teams at Ameriprise to offer the best experience for our clients. The firm delivered what we were looking for, which is a harmonious environment that allows us to do business with clients the way we want to and has extensive support and resources to help us be successful."

Christensen Wealth Advisory Group evaluated many firms against their key criteria and found Ameriprise to be the best fit. They wanted to affiliate with a firm with solid values, strong brand recognition, robust financial planning capabilities, and a wide investment platform. The team also values the practice management tools and systems to create efficiencies.

The team appreciated that Ameriprise is headquartered in nearby Minneapolis. "We are off to an unbelievable beginning due to the tremendous loyalty we have with our clients, and we're excited about the future," said Christensen.

The team serves a wide variety of clients in Minnesota and across the U.S., many of whom have been with them for 20 years or more. They are supported by branch manager Adam Lukens.

Ameriprise has continued to attract experienced, productive advisors, with approximately 1,700 joining the firm in the last 5 years.[1] To find out why experienced financial advisors are joining Ameriprise, visit ameriprise.com/why.

About Ameriprise Financial

At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 125 years. With extensive advisory, asset management and insurance capabilities and a nationwide network of approximately 10,000 financial advisors, we have the strength and expertise to serve the full range of individual and institutional investors' financial needs.

Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNERTM and federally registered CFP (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements.

Ameriprise Financial Services, LLC is an Equal Opportunity Employer.

Ameriprise Financial Services, LLC. Member FINRA and SIPC.

© 2021 Ameriprise Financial, Inc. All rights reserved.

### [1] Ameriprise Financial 2020 10-K.

.

(C) 2021 M2 COMMUNICATIONS, source M2 PressWIRE

All news about AMERIPRISE FINANCIAL, INC.
01/20Wall Street drops as bargain-hunting tapers off
RE
01/20Columbia Threadneedle Investments Selects Three Firms for 2022 MassChallenge FinTech's ..
BU
01/20InvestCloud Partners with Ameriprise Financial, Inc. to Offer Personalized Financial Pl..
CI
01/19AMERIPRISE FINANCIAL : Nine Out of Ten Advisors Joining Ameriprise Say Technology, Financi..
PU
01/18Ameriprise Financial Announces Schedule for Fourth Quarter 2021 Investor Conference Cal..
BU
01/18AMERIPRISE FINANCIAL : Rates and Earnings in Focus this Week
PU
01/10AMERIPRISE FINANCIAL : Stocks Look to Regroup Following A Shaky Start to the New Year
PU
01/07Morgan Stanley Raises Price Target for Ameriprise Financial to $320 From $310, Maintain..
MT
01/06NORTH AMERICAN MORNING BRIEFING : Tech Stocks Set -3-
DJ
01/05Evercore ISI Upgrades Ameriprise Financial to Outperform From In-Line, Adjusts Price Ta..
MT
More news
Analyst Recommendations on AMERIPRISE FINANCIAL, INC.
More recommendations
Financials (USD)
Sales 2021 13 660 M - -
Net income 2021 2 702 M - -
Net cash 2021 2 961 M - -
P/E ratio 2021 12,5x
Yield 2021 1,49%
Capitalization 33 498 M 33 498 M -
EV / Sales 2021 2,24x
EV / Sales 2022 1,95x
Nbr of Employees 12 300
Free-Float 33,4%
Chart AMERIPRISE FINANCIAL, INC.
Duration : Period :
Ameriprise Financial, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AMERIPRISE FINANCIAL, INC.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Last Close Price 299,38 $
Average target price 350,30 $
Spread / Average Target 17,0%
EPS Revisions
Managers and Directors
James Michael Cracchiolo Chairman & Chief Executive Officer
Walter Stanley Berman Executive VP, Chief Financial & Risk Officer
Gerard Smyth Chief Information Officer & Executive VP
Charles Neal Maglaque COO & President-Business Development
Colin Moore Global Chief Investment Officer & Executive VP
Sector and Competitors