James Cracchiolo - Ameriprise Financial Chairman, CEO and Chairman of Executive Committee

AMP Stock  USD 418.95  0.00  0.00%   

Chairman

Mr. James M. Cracchiolo is Chairman of the Board, Chief Executive Officer of the Company. He was Chairman and Chief Executive Officer of Ameriprise Financial since 2005, when the Company, American Express Financial Advisors, completed its spinoff from the American Express Company. Mr. Cracchiolo has guided Ameriprise for more than a decade as a public company with a strong, clientcentric culture and a record for generating meaningful, longterm shareholder value. Prior to his current role, Mr. Cracchiolo held a number of executive level positions at American Express, including leading businesses with significant domestic and global operations since 2005.
Age 65
Tenure 19 years
Address 1099 Ameriprise Financial Center, Minneapolis, MN, United States, 55474
Phone612-671-3131
Webhttps://www.ameriprise.com
Cracchiolo served as Group President American Express Global Financial Services from 20002005 and held the following roles: Chairman and CEO of American Express Financial Advisors; Chairman of American Express International Bank; and CEO of Travel Related Services International. In addition, Mr. Cracchiolo was President and CEO of Travel Related Services International from 19982000; President of Global Network Services from 1997 to 1998; Senior Vice President of Travel Related Services Quality, Global Reengineering and Strategy from 19931997; and Executive Vice President and Chief Financial Officer of Shearson Lehman Brothers from 19901993.

Ameriprise Financial Management Efficiency

The company has Return on Asset of 0.0212 % which means that on every $100 spent on assets, it made $0.0212 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.6936 %, implying that it generated $0.6936 on every 100 dollars invested. Ameriprise Financial's management efficiency ratios could be used to measure how well Ameriprise Financial manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Ameriprise Financial's Return On Capital Employed is relatively stable compared to the past year. As of 05/04/2024, Return On Equity is likely to grow to 0.57, while Return On Tangible Assets are likely to drop 0.01. As of 05/04/2024, Non Current Liabilities Total is likely to grow to about 178.8 B, while Liabilities And Stockholders Equity is likely to drop slightly above 137.7 B.
The company has 5.75 B in debt with debt to equity (D/E) ratio of 1.11, which is OK given its current industry classification. Ameriprise Financial has a current ratio of 4.43, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Ameriprise Financial until it has trouble settling it off, either with new capital or with free cash flow. So, Ameriprise Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ameriprise Financial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ameriprise to invest in growth at high rates of return. When we think about Ameriprise Financial's use of debt, we should always consider it together with cash and equity.

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Ameriprise Financial, Inc., through its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. Ameriprise Financial, Inc. was founded in 1894 and is headquartered in Minneapolis, Minnesota. Ameriprise Financial operates under Asset Management classification in the United States and is traded on New York Stock Exchange. It employs 12000 people. Ameriprise Financial (AMP) is traded on New York Stock Exchange in USA. It is located in 1099 Ameriprise Financial Center, Minneapolis, MN, United States, 55474 and employs 13,800 people. Ameriprise Financial is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

Ameriprise Financial Leadership Team

Elected by the shareholders, the Ameriprise Financial's board of directors comprises two types of representatives: Ameriprise Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ameriprise. The board's role is to monitor Ameriprise Financial's management team and ensure that shareholders' interests are well served. Ameriprise Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ameriprise Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Heather Melloh, Executive Counsel
James Cracchiolo, Chairman, CEO and Chairman of Executive Committee
Bill Williams, Executive Vice President - Ameriprise Franchise Group
W Walter, Independent Director
Gerard Smyth, Executive Vice President, Chief Information Officer
Kelli Petruzillo, Executive Vice President of Human Resources
Alicia Charity, Senior Vice President Investor Relations
William Davies, Executive Vice President, Global Chief Investment Officer
Robert Sharpe, Independent Presiding Director
John Hutt, Senior Vice President - Corporate Finance, Principal Accounting Officer, Controller
Scott Couto, Head of North America
Dawn Brockman, Interim Officer
Brian Shea, Independent Director
William Truscott, Chief Executive Officer - Global Asset Management
Dianne Blixt, Independent Director
William Turner, Independent Director
Siri Marshall, Independent Director
Patrick OConnell, Executive Vice President - Ameriprise Advisor Group
David Stewart, Principal Accounting Officer, Sr. VP and Controller
Colin Moore, Executive Vice President Global Chief Investment Officer
Amy DiGeso, Independent Director
Walter Berman, Chief Financial Officer, Executive Vice President
John Junek, Executive Vice President General Counsel
Christopher Williams, Independent Director
Edward Walter, Independent Director
Jeffrey Noddle, Independent Director
Randy Kupper, Executive Vice President, Chief Information Officer
Lon Greenberg, Independent Director
Joseph Sweeney, President - Advice and Wealth Management, Products and Service Delivery
Karen Thissen, Executive Vice President General Counsel
John Woerner, President - Insurance and Annuities, Chief Strategy Officer
Nick Ring, Chief Executive Officer - EMEA
Kelli Hunter, Executive Vice President - Human Resources
Jay Sarles, Independent Director
Neal Maglaque, President - Advice and Wealth Management, Business Development, Chief Operating Officer
Gumer Alvero, President - Insurance and Annuities
Deirdre McGraw, Executive Vice President - Marketing, Corporate Communications and Community Relations

Ameriprise Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ameriprise Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Ameriprise Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ameriprise Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ameriprise Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ameriprise Stock

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Moving against Ameriprise Stock

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The ability to find closely correlated positions to Ameriprise Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ameriprise Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ameriprise Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ameriprise Financial to buy it.
The correlation of Ameriprise Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ameriprise Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ameriprise Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ameriprise Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Ameriprise Financial is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Ameriprise Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ameriprise Financial Stock. Highlighted below are key reports to facilitate an investment decision about Ameriprise Financial Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ameriprise Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Ameriprise Stock, please use our How to Invest in Ameriprise Financial guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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Is Ameriprise Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ameriprise Financial. If investors know Ameriprise will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ameriprise Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.496
Dividend Share
5.4
Earnings Share
29.36
Revenue Per Share
158.736
Quarterly Revenue Growth
0.125
The market value of Ameriprise Financial is measured differently than its book value, which is the value of Ameriprise that is recorded on the company's balance sheet. Investors also form their own opinion of Ameriprise Financial's value that differs from its market value or its book value, called intrinsic value, which is Ameriprise Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ameriprise Financial's market value can be influenced by many factors that don't directly affect Ameriprise Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ameriprise Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ameriprise Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ameriprise Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.