GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ameriprise Financial Inc (MEX:AMP) » Definitions » Cost of Goods Sold

Ameriprise Financial (MEX:AMP) Cost of Goods Sold : MXN Mil (TTM As of Jun. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Ameriprise Financial Cost of Goods Sold?

Cost of Goods Sold does not apply to banks and insurance companies.


Ameriprise Financial Business Description

Address
1099 Ameriprise Financial Center, Minneapolis, MN, USA, 55474
Ameriprise Financial is a major player in the us market for asset and wealth management, with around $1.4 trillion in total assets under management and administration at the end of 2023. With about 10,000 advisors, Ameriprise has one of the largest branded advisor networks in the industry. About 80% of the company's revenue comes from its asset and wealth management segments. Ameriprise has reduced its exposure to insurance with the sale of its auto and home insurance business in 2019 and the exit of the sale of its proprietary fixed annuities in 2020.