Ameriprise Financial outlines strategy to accelerate profitable growth
AMP•Ameriprise Financial outlined plans focused on deeper client relationships, advisor recruiting and broader AI adoption. It invests more than $1 billion annually in technology, and says advisor teams save an average of 30 hours a week with full adoption of existing AI tools.
1. Growth strategy and technology
Ameriprise Financial outlined plans to accelerate profitable growth through deeper client relationships, advisor recruiting and broader AI adoption. Its annual technology investment exceeds $1 billion, and advisor practice teams save an average of 30 hours weekly when they fully adopt existing AI tools.
2. Shareholder returns
The company said share buybacks have reduced its share count by 26% since 2020. It has raised its dividend annually, with 22 increases over the past 21 years.
