Ameriprise Financial (BSP:A1MP34) Mutual Fund Assets (USD Mil) : 0.00 (As of . 20)

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What is Ameriprise Financial Mutual Fund Assets (USD Mil)?

Mutual Fund Assets (USD Mil) are asset management companies' holding in mutual fund. Its volume reflects the portfolio structure of the company.

The historical rank and industry rank for Ameriprise Financial's Mutual Fund Assets (USD Mil) or its related term are showing as below:

BSP:A1MP34's Mutual Fund Assets (USD Mil) is not ranked ^*
in the Asset Management industry.
Industry Median:
* Ranked among companies with meaningful Mutual Fund Assets (USD Mil) only.

Ameriprise Financial Mutual Fund Assets (USD Mil) Historical Data

The historical data trend for Ameriprise Financial's Mutual Fund Assets (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ameriprise Financial Mutual Fund Assets (USD Mil) Chart

Ameriprise Financial (BSP:A1MP34) Mutual Fund Assets (USD Mil) Explanation

A mutual fund is an open-end professionally managed investment that pools money from many investors to purchase securities. Each shareholder, therefore, participates proportionally in the gains or losses of the fund. Asset management companies can be the buyer or issuer of a mutual fund. If it's the former, the company will take the earnings of the mutual fund. If it’s the latter, the company will earn the administration fee, which is a more stable income source.

Mutual funds pool money from the investing public and use that money to buy other securities, usually stocks and bonds. The value of the mutual fund company depends on the performance of the securities it decides to buy. The price of a mutual fund share is referred to as the net asset value (NAV) per share.

Ameriprise Financial Mutual Fund Assets (USD Mil) Related Terms

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Ameriprise Financial (BSP:A1MP34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ameriprise Financial Inc (BSP:A1MP34) » Definitions » Mutual Fund Assets (USD Mil)

Comparable Companies

Traded in Other Exchanges

AMP:USA AMP:Mexico A4S:Germany

Address

1099 Ameriprise Financial Center, Minneapolis, MN, USA, 55474

Website

https://www.ameriprise.com

Ameriprise Financial has emerged is a major player in the U.S. market for asset and wealth management, with around $1.3 trillion in total assets under management and advisement at the end of the second quarter of 2023. Ameriprise has one of the largest branded advisor networks in the industry, and 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 discontinuing the sale of its proprietary fixed annuities in 2020. Around 90% of the company's pretax earnings are from the United States.

Ameriprise Financial (BSP:A1MP34) Headlines

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