AMERRISE FINANCIAL, Inc. (AMP): Canvas du modèle d'entreprise [Jan-2025 Mis à jour]

Dans le monde dynamique des services financiers, AmeRise Financial, Inc. (AMP) se distingue comme une puissance de gestion de patrimoine personnalisée, tissant ensemble une tapisserie complexe de solutions financières qui répondent à divers besoins des clients. Des professionnels de la pré-retraite aux individus à haute noue, AmeriPrise a créé un modèle commercial sophistiqué qui transforme les services de conseil financier traditionnels en un écosystème complet et axé sur la technologie de l'autonomisation financière. Plongez dans la toile du modèle commercial complexe qui révèle comment ce géant financier navigue stratégiquement dans le paysage concurrentiel, offrant des conseils financiers sur mesure et des solutions innovantes qui le distinguent dans le secteur des services financiers en constante évolution.

AMERRISE FINANCIAL, Inc. (AMP) - Modèle d'entreprise: Partenariats clés

Conseillers financiers et entrepreneurs indépendants

Depuis 2024, Ameririse Financial conserve un réseau d'environ 10 000 conseillers financiers. Leur modèle d'entrepreneur indépendant comprend:

Catégorie de conseiller	Nombre de conseillers	Revenu annuel moyen par conseiller
Représentants enregistrés indépendants	9,200	$571,000
Conseillers d'entreprise	800	$412,000

Sociétés de gestion des investissements

AmeRise collabore avec plusieurs partenaires de gestion des investissements:

• Blackrock
• Avant-garde
• Investissements de fidélité
• Pimco

Partenaire	Assets Under Management Partnership	Durée du partenariat
Blackrock	42,3 milliards de dollars	Depuis 2015
Avant-garde	35,7 milliards de dollars	Depuis 2012

Assureurs

Les partenariats d'assurance clés comprennent:

• Masse
• Vie gardienne
• Groupe financier principal

Partenaire d'assurance	Produits d'assurance offerts	Volume de prime annuel
Masse	Assurance vie et handicapée	124 millions de dollars
Vie gardienne	Assurance à terme et à vie entière	98 millions de dollars

Fournisseurs de services technologiques

Partenariats technologiques critiques:

• Salesforce
• Microsoft
• Cloud IBM

Partenaire technologique	Service fourni	Investissement technologique annuel
Salesforce	Plate-forme CRM	18,5 millions de dollars
Microsoft	Solutions de cloud et de productivité	22,3 millions de dollars

Institutions bancaires et de courtage

Partenariats bancaires stratégiques:

• JPMorgan Chase
• Wells Fargo
• Banque d'Amérique

Partenaire bancaire	Services de partenariat	Volume de transaction
JPMorgan Chase	Intégration de la gestion de la patrimoine	67,4 milliards de dollars
Wells Fargo	Programme de référence d'investissement	52,9 milliards de dollars

AMERRISE FINANCIAL, Inc. (AMP) - Modèle d'entreprise: Activités clés

Services de planification financière et de conseil

Depuis 2024, AmeRiSe Financial fournit des services de planification financière complets avec:

• Conseillers financiers totaux: 10 247
• Actifs du client moyen par conseiller: 112,3 millions de dollars
• Revenus consultatifs du client annuel: 4,2 milliards de dollars

Catégorie de service	Revenus annuels	Segments du client
Planification financière individuelle	1,87 milliard de dollars	Individus de valeur nette élevée
Planification de la retraite	1,45 milliard de dollars	Pré-retraités et retraités

Conseil de gestion de la patrimoine

Les mesures de conseil en gestion de patrimoine comprennent:

• Total des actifs sous gestion: 917 milliards de dollars
• Nombre de clients de gestion de patrimoine: 2,1 millions
• Valeur du compte moyen: 436 000 $

Gestion du portefeuille d'investissement

Statistiques de gestion du portefeuille d'investissement:

• Stratégies d'investissement gérées: 127
• Frais annuels de gestion des investissements: 1,63 milliard de dollars
• Plates-formes de suivi des performances d'investissement: 24

Solutions de planification de la retraite

Produit de retraite	Actif total	Contributions annuelles
401 (k) Services de roulement	247 milliards de dollars	18,3 milliards de dollars
Gestion de l'IRA	392 milliards de dollars	22,7 milliards de dollars

Distribution des produits d'assurance

Détails de la distribution des produits d'assurance:

• Produits d'assurance totaux offerts: 86
• Revenus de prime d'assurance annuelle: 2,1 milliards de dollars
• Canaux de distribution d'assurance: 4 (direct, agent, en ligne, courtier)

AMERRISE FINANCIAL, Inc. (AMP) - Modèle d'entreprise: Ressources clés

Réseau étendu de conseillers financiers agréés

Depuis le quatrième trimestre 2023, Ameririse Financial maintient 10 200 conseillers financiers agréés aux États-Unis. Ces conseillers sont distribués:

Catégorie de conseiller	Nombre
Conseillers à temps plein	8,750
Conseillers à temps partiel	1,450

Plateformes avancées de planification financière numérique

Ameririse investit 175 millions de dollars par an dans une infrastructure technologique numérique. Les plates-formes numériques clés comprennent:

• Portail client AmeriSise
• Application de suivi des investissements mobiles
• Logiciel de planification de la retraite

Grande réputation de marque

Métriques d'évaluation de la marque pour AmeriSing Financial:

Métrique	Valeur
Valeur de marque	3,2 milliards de dollars
Évaluation de satisfaction du client	4.3/5

Base de données complète des clients

Ameririse gère 3,1 millions de comptes clients actifs avec un actif total sous gestion 904 milliards de dollars Au 31 décembre 2023.

Capacités de recherche en investissement propriétaire

L'investissement de la recherche comprend:

• Budget de recherche annuel: 62 millions de dollars
• Taille de l'équipe de recherche: 140 analystes financiers
• Stratégies d'investissement développées: 47 stratégies uniques

AMERRISE FINANCIAL, Inc. (AMP) - Modèle d'entreprise: propositions de valeur

Conseils financiers et planification personnalisés

AMERRIRIS FINANCIAL fournit des conseils financiers personnalisés avec 10 243 conseillers financiers au quatrième trimestre 2023. La taille moyenne du portefeuille client est de 1,2 million de dollars. Le taux de rétention des clients s'élève à 92,4% en 2023.

Catégorie de service	Revenus annuels	Segment client
Planification financière personnelle	3,8 milliards de dollars	Individus à haute nette
Planification de la retraite	2,5 milliards de dollars	45 à 65 groupes d'âge

Solutions de retraite complètes

Les solutions de retraite ont généré 15,2 milliards de dollars d'actifs gérés en 2023. Les principales offres de produits de retraite comprennent:

• 401 (k) Services de roulement
• Gestion de l'IRA
• Stratégies d'optimisation de la sécurité sociale

Approche holistique de gestion de la patrimoine

Le total des actifs sous gestion a atteint 1,1 billion de dollars en 2023. Couverture des services de gestion de patrimoine:

• Gestion des investissements
• Produits d'assurance
• Planification successorale

Stratégies d'investissement sur mesure

Métriques de performance de la stratégie d'investissement pour 2023:

Stratégie d'investissement	Rendement annuel moyen	Risque Profile
Croissance agressive	12.3%	Risque élevé
Portefeuille équilibré	8.7%	Risque moyen
Stratégie conservatrice	5.2%	Risque

Offres de services financiers intégrés

Répartition des revenus des services intégrés pour 2023:

• Services consultatifs: 4,6 milliards de dollars
• Produits d'assurance: 3,2 milliards de dollars
• Gestion des investissements: 5,7 milliards de dollars

AMERRISE FINANCIAL, Inc. (AMP) - Modèle d'entreprise: relations avec les clients

Relations consultatives personnelles à long terme

En 2024, Ameririse Financial maintient 10 237 conseillers financiers à l'échelle nationale. La durée moyenne des relations avec le client est de 15,3 ans. Le taux de rétention de la clientèle s'élève à 87,6% pour les segments individuels à haute nette.

Catégorie de conseiller	Conseillers total	Portefeuille de clients moyens
Conseillers financiers indépendants	9,412	78,3 millions de dollars
Conseillers financiers d'entreprise	825	52,6 millions de dollars

Plates-formes de libre-service numériques

Les mesures d'engagement de la plate-forme numérique révèlent que 67,4% des clients utilisent activement des outils de gestion de compte en ligne. L'utilisation des applications mobiles a augmenté de 42,3% en 2023.

• Plateforme numérique Utilisateurs actifs: 1,2 million
• Téléchargements d'applications mobiles: 673 000
• Volume de transaction en ligne: 4,3 millions par mois

Revues de performance financière régulières

Ameririse conduit revues de performance trimestrielles pour 94,2% des portefeuilles clients. Durée de révision moyenne: 45-60 minutes.

Examiner la fréquence	Pourcentage de clients
Trimestriel	94.2%
Semestriel	5.1%
Annuel	0.7%

Canaux de communication personnalisés

Préférences de communication suivies sur plusieurs canaux avec une préférence de 73,6% pour les interactions numériques.

• Communications par e-mail: 52,4%
• Conférence vidéo: 21,2%
• Consultations téléphoniques: 18,9%
• Réunions en personne: 7,5%

Équipes de support client dédiées

AmeRiSe maintient 642 spécialistes du support client dédié. Temps de réponse moyen: 17 minutes sur les canaux numériques.

Canal de support	Temps de réponse moyen	Taux de satisfaction client
Support téléphonique	12 minutes	91.3%
Assistance par e-mail	24 heures	86.7%
Chat en direct	7 minutes	93.5%

AMERRISE FINANCIAL, Inc. (AMP) - Modèle d'entreprise: canaux

Plateformes numériques en ligne

AmeRiSe Financial fonctionne via www.ameprise.com, qui a traité 62,3 millions d'interactions numériques en 2022. La plate-forme numérique prend en charge 1,2 billion de dollars en actifs clients géré via l'accès au compte en ligne.

Métrique de la plate-forme numérique	2022 données
Interactions numériques totales	62,3 millions
Actifs des clients gérés en ligne	1,2 billion de dollars
Pénétration du compte en ligne	87% des clients actifs

Applications mobiles

Supports de l'application mobile AmeRiPrise Suivi du portefeuille en temps réel avec 1,4 million d'utilisateurs mobiles actifs en 2022.

• Téléchargements d'applications mobiles: 2,3 millions
• Utilisateurs mobiles actifs: 1,4 million
• Volume de transactions mobiles: 3,6 millions de transactions mensuelles

Réunions de conseiller financier en personne

AmeriSise maintient 10 200 conseillers financiers dans 1 700 emplacements aux États-Unis.

Métrique du réseau de conseillers	2022 données
Conseillers financiers totaux	10,200
Compte de localisation physique	1,700
Client moyen par conseiller	387 clients

Service client téléphonique

AmeRiSe exploite un centre de support client centralisé avec 4,2 millions d'appels entrants chaque année.

• Volume d'appel annuel: 4,2 millions
• Temps de résolution moyenne des appels: 7,3 minutes
• Évaluation de satisfaction du client: 88%

Emplacements du réseau de succursale

Ameririse maintient 1 700 emplacements de succursales physiques stratégiquement distribués dans 50 États.

Métrique du réseau de succursale	2022 données
Total des succursales	1,700
États couverts	50
Taille moyenne de la branche	6 employés par emplacement

AMERRISE FINANCIAL, Inc. (AMP) - Modèle d'entreprise: segments de clientèle

Professionnels de la pré-retraite

AmeRiSpe cible les professionnels âgés de 35 à 55 ans avec un revenu annuel des ménages entre 100 000 $ et 250 000 $. En 2024, ce segment représente environ 37% de leur clientèle.

Tranche d'âge	Tranche de revenu	Pourcentage de segment
35 à 45 ans	$100,000-$175,000	18%
46-55 ans	$175,000-$250,000	19%

Individus à haute nette

AmeRiSpe sert des clients à haute teneur en naissance avec des actifs investissables dépassant 1 million de dollars. Ce segment représente 22% de son portefeuille client total en 2024.

• Actifs investissables moyens: 2,3 millions de dollars
• Valeur nette médiane: 3,5 millions de dollars
• Tranche d’âge typique: 50 à 70 ans

Planificateurs de retraite de la classe moyenne

Ce segment comprend des personnes ayant un revenu annuel des ménages entre 50 000 $ et 100 000 $, représentant 28% de la clientèle d'Ameririse.

Niveau de revenu	Cible d'épargne-retraite	Pourcentage du client
$50,000-$75,000	$250,000-$500,000	15%
$75,000-$100,000	$500,000-$750,000	13%

Propriétaires de petites entreprises

AmeriSise fournit des services financiers aux propriétaires de petites entreprises, constituant 8% de leurs segments de clients en 2024.

• Revenus commerciaux moyens: 1,2 million de dollars
• Compte typique des employés: 10 à 50 employés
• Industries servies: services professionnels, vente au détail, soins de santé

Employés des entreprises à la recherche de conseils financiers

Les professionnels de l'entreprise représentent 5% des segments de clientèle d'AmeriSIRIS, en mettant l'accent sur les cadres de niveau du milieu à la sensibilité.

Niveau de l'entreprise	Compensation annuelle moyenne	Pourcentage de segment
Gestionnaires de niveau intermédiaire	$120,000-$180,000	3%
Cadres supérieurs	$250,000-$500,000	2%

AMERRISE FINANCIAL, Inc. (AMP) - Modèle d'entreprise: Structure des coûts

Compensation des conseillers financiers

En 2023, Ameririse Financial a déclaré des frais totaux de rémunération et de prestations de 3,48 milliards de dollars. La rupture de la rémunération des conseillers financiers comprend:

Composant de compensation	Montant (millions de dollars)
Salaire de base	$1,245
Bonus de performance	$892
Paiements de commission	$1,343

Maintenance des infrastructures technologiques

Les coûts des infrastructures technologiques pour AmeriSing Financial en 2023 étaient d'environ 412 millions de dollars, notamment:

• Dépenses de cloud computing: 87 millions de dollars
• Investissements en cybersécurité: 65 millions de dollars
• Licence et maintenance logicielles: 124 millions de dollars
• Infrastructure matérielle: 136 millions de dollars

Marketing et acquisition de clients

Les dépenses de marketing pour 2023 ont totalisé 276 millions de dollars, avec la répartition suivante:

Canal de marketing	Dépenses (millions de dollars)
Marketing numérique	$98
Publicité traditionnelle	$112
Marketing d'événement client	$66

Frais de conformité réglementaire

Les coûts de conformité réglementaire pour AmeriSise Financial en 2023 étaient de 189 millions de dollars, notamment:

• Salaires du personnel juridique et de conformité: 72 millions de dollars
• Logiciel et systèmes de conformité: 43 millions de dollars
• Frais d'audit externe et de consultation: 74 millions de dollars

Investissements de recherche et développement

Les dépenses de R&D pour AmeriSe Financial en 2023 s'élevaient à 156 millions de dollars, axées sur:

Zone de focus R&D	Investissement (millions de dollars)
Technologie de planification financière	$68
Développement de plate-forme numérique	$55
Recherche en investissement	$33

AMERRISE FINANCIAL, Inc. (AMP) - Modèle d'entreprise: Strots de revenus

Frais de service de conseil financier

En 2023, les frais de service de conseil financier AmeRirise ont déclaré un total de 4,236 milliards de dollars. Les frais consultatifs moyens facturés étaient d'environ 0,84% des actifs sous gestion.

Catégorie de frais	Revenus annuels	Pourcentage du total des revenus
Services de conseil financier individuels	2,7 milliards de dollars	63.8%
Services de conseil institutionnel	1,536 milliard de dollars	36.2%

Frais de gestion des investissements

Les revenus de gestion des investissements pour 2023 ont atteint 3,912 milliards de dollars, ce qui représente une augmentation de 7,2% par rapport à l'année précédente.

• Frais de gestion des investissements au détail: 2,658 milliards de dollars
• Frais de gestion des investissements institutionnels: 1,254 milliard de dollars

Commissions de produits d'assurance

AmeriSise a généré 1,845 milliard de dollars de commissions de produits d'assurance au cours de 2023.

Type de produit d'assurance	Revenus de commission
Assurance-vie	892 millions de dollars
Produits de rente	953 millions de dollars

Revenus de gestion des actifs

Les revenus totaux de gestion des actifs pour 2023 étaient de 5,124 milliards de dollars, avec 487,3 milliards de dollars en total d'actifs sous gestion.

• Frais de gestion des fonds communs de placement: 2,763 milliards de dollars
• Fonds de fonds négociés en bourse (ETF): 1,236 milliard de dollars
• Frais de compte gérés séparément: 1,125 milliard de dollars

Frais de consultation de la planification de la retraite

Les frais de consultation de la planification de la retraite s'élevaient à 1,247 milliard de dollars en 2023.

Type de consultation	Revenus des frais
Consultations à la retraite individuelles	842 millions de dollars
Planification de la retraite des entreprises	405 millions de dollars

Ameriprise Financial, Inc. (AMP) - Canvas Business Model: Value Propositions

Holistic financial planning to help clients feel confident about their future.

Total client assets in the Advice & Wealth Management segment reached a record high of $1.14 trillion as of Q3 2025, representing an 11% year-over-year rise. Wrap account assets also hit a record, increasing 14% to $650 billion. The firm's total Assets under Management, Administration and Advisement stood at a record $1.7 trillion.

Integrated solutions across advice, asset management, and insurance/annuities are delivered through a complementary business mix.

• Total Assets under Management, Administration and Advisement: $1.7 trillion
• Life insurance in force: $198 billion
• Assets at Ameriprise Bank, FSB: $24.3 billion
• Columbia Threadneedle manages $69 billion in RiverSource Separate Account assets.

Ultimate Advisor Partnership: robust support and technology for advisor growth.

The firm supports a nationwide network of approximately 10,000 branded advisors in the U.S. Advisor productivity shows clear financial benefit from this support structure.

Metric	Value (Q1 2025 TTM)	Year-over-Year Change
Adjusted Operating Net Revenue Per Advisor	$1.1 million	10% increase
Adjusted Operating Net Revenue Per Advisor	$1.1 million	12% increase

Access to a broad selection of affiliated and non-affiliated investment products is supported by the firm's scale and integrated distribution.

• Advice & Wealth Management distributes $150 billion of Columbia funds.
• The firm's Asset Management segment generated $906 million in adjusted operating net revenues for Q3 2025.

Best-in-class adjusted operating Return on Equity (ROE) of 53% (Q3 2025).

The firm reported a best-in-class adjusted operating Return on Equity, excluding AOCI, of 52.8% for Q3 2025, which aligns with the stated 53% target. This strong profitability was achieved alongside adjusted operating net revenues of $4.7 billion in Q3 2025, up 9% year-over-year. The pretax adjusted operating margin for the enterprise was 26%. The firm returned $842 million to shareholders in the quarter, representing 87% of adjusted operating earnings.

Ameriprise Financial, Inc. (AMP) - Canvas Business Model: Customer Relationships

The relationship model for Ameriprise Financial, Inc. (AMP) centers on a high-touch, personalized, and advice-based interaction, supported by integrated digital capabilities.

High-touch, personalized, and advice-based advisor model

• The firm maintains a nationwide network of over 10,000 branded financial advisors in the U.S. as of June 30, 2025.
• Advisor productivity, measured by adjusted operating net revenue per advisor on a trailing 12-month basis, reached a new high of $1.1 million as of the third quarter of 2025, representing a 10 percent increase.
• Advisor productivity grew by double digits in the second quarter of 2025.

Metric	Value	Reporting Period/Context
Total Branded Financial Advisors (U.S.)	Over 10,000	As of June 30, 2025
Adjusted Operating Net Revenue Per Advisor (TTM)	$1.1 million	Q3 2025
Year-over-Year Growth in Net Revenue Per Advisor	10 percent	Q3 2025
Advisor Productivity Growth	Double digits	Q2 2025

Dedicated financial advisor for long-term relationship management

• Client feedback from the Ameriprise Financial Goal-Based Advice Survey (July 2020 through June 2025, reflecting 13,105 client responses) shows strong advisor alignment.
• 97 percent of surveyed clients say they feel like their financial advisor cares about their ability to achieve goals.
• 96 percent of surveyed clients say they were highly satisfied with the outcome of their experience with their financial advisor.

Digital self-service tools integrated with advisor-led planning

• The Ameriprise Financial mobile application satisfaction score is rated 4.8 out of 5 stars.
• Among experienced advisors who recently joined the firm, 90 percent find the client-facing technology better than their previous firm.
• 95 percent of new advisors say Ameriprise technology supports deeper client relationships through financial planning and advice.

High client satisfaction, rated 4.9 out of 5 in overall satisfaction

• Overall client satisfaction, based on the Client Experience Survey (a national average of client responses for all advisors/teams within a rolling 24-month period as of 12/31/2024), is rated 4.9 out of 5.
• Ameriprise was one of only two firms to earn an "outstanding" accolade in all four categories surveyed in the 2025 Kiplinger Readers' Choice Awards, including Overall satisfaction with the wealth manager.
• The firm was named a Top Performer in the Hearts & Wallets 2025 Wants & Pricing Report for being a company that "understands me and shares my values".

Proactive communication on evolving market dynamics

• Total client assets reached a record high of $1.1 trillion as of the third quarter of 2025.
• Wrap assets increased 14 percent to a record high of $650 billion in the third quarter of 2025.

Ameriprise Financial, Inc. (AMP) - Canvas Business Model: Channels

You're looking at how Ameriprise Financial, Inc. (AMP) gets its value proposition to clients; it's a multi-pronged approach relying heavily on its advisor force and its integrated bank offering.

Nationwide network of branded financial advisor offices (independent and employee)

This network is the core delivery mechanism. Ameriprise Financial, Inc. maintains a significant physical and affiliated presence across the US. As of mid-2025, the firm reported having Over 10,000 branded advisors in the U.S.. The strength of this channel is reflected in advisor recognition; for instance, 515 Ameriprise advisors made the 2025 Forbes "Best-in-State Wealth Advisors" list. Furthermore, 122 advisors were named to the 2025 Forbes "Best-in-State Next-Gen Wealth Advisors" list.

The productivity of this channel is key to the firm's financials. As of the third quarter of 2025, Assets under management, administration and advisement reached a record high of $1.7 trillion, marking an 8 percent increase year-over-year. The trailing 12-month Adjusted operating net revenue per advisor hit a new high of $1.1 million in Q3 2025, up 10 percent from the prior period. This channel also saw strong client engagement, with total client assets growing to $1.1 trillion in Q1 2025.

The firm supports its advisors with dedicated resources, including a structure where the average number of advisors in the Employee & Independent Advisors group for the year ending December 31, 2024, was 5,662.

• Advisor productivity grew by double digits in Q2 2025.
• The firm was recognized by J.D. Power for providing an "outstanding customer service experience" for phone support for advisors for the seventh consecutive year in 2025.

Ameriprise Bank, FSB for banking, lending, and cash management solutions

Ameriprise Bank, FSB acts as an integrated service provider, offering banking and lending directly to clients, often managed through their advisors. This channel provides a sticky deposit base and lending opportunities. As of the close of business June 30, 2025, the bank held significant balance sheet figures:

Metric	Amount (USD, in thousands)	Amount (USD, approximate)
Total Assets	24,008,307	$24.01 billion
Total Deposits	22,499,683	$22.50 billion
Net Loans & Leases	1,520,498	$1.52 billion
Total Bank Equity Capital	1,469,793	$1.47 billion

The bank's total assets were also noted at $24 billion as of June 30, 2025. The bank specializes in Mortgage Lending.

Proprietary digital platforms and mobile applications for client access

Digital tools are essential for advisor productivity and client self-service. Ameriprise Financial, Inc. is actively investing in its technology stack, including AI-driven platforms to boost efficiency. The firm adopted applications like Seismic LiveSocial in 2025 as part of its ongoing modernization strategy. These platforms support the delivery of advice and allow clients to interact with their accounts.

The firm's focus on technology is evident in its operational improvements; general and administrative expenses improved in Q3 2025 due to strategic initiatives for firm-wide operational transformation.

Ameriprise Financial Institutions Group (AFIG) for institutional distribution

AFIG serves institutional clients, which can lead to large, sometimes volatile, flows. Institutional activity shows the ebb and flow of this distribution channel. In the second quarter of 2025, institutional net outflows were $4.8 billion, which included $1.6 billion related to the exit of Lionstone. Conversely, the third quarter of 2025 saw inflows of $1.0 billion from a single institutional client.

The firm's overall Assets under management, administration and advisement growth in Q3 2025 reflected continued asset growth across the board, even with institutional movements.

Finance: draft 13-week cash view by Friday.

Ameriprise Financial, Inc. (AMP) - Canvas Business Model: Customer Segments

You're looking at who Ameriprise Financial, Inc. serves, and honestly, it's a broad spectrum, but with clear focus areas. As of late 2025, Ameriprise Financial, Inc. serves over 3.5 million individual, institutional, and small business clients who entrust them with their financial future. The total assets under management, administration, and advisement hit a record high of $1.7 trillion in the third quarter of 2025. That's a massive base to support.

Here's a quick snapshot of the scale you're dealing with based on the latest reported figures:

Metric	Value (As of Q3 2025 or latest)	Segment Context
Total Clients	Over 3.5 million	Individual, institutional, and small business
Total AUA (Assets Under Management, Administration, and Advisement)	Record high of $1.7 trillion	Firm-wide
Advice & Wealth Management Client Assets	$1.1 trillion	Q3 2025
Branded Financial Advisors (U.S.)	10,427	Q3 2025
Columbia Threadneedle AUM/A	$714 billion (Assets under management & advisement)	General figure, check latest filing for precise split

The core of the business, Advice & Wealth Management, is squarely aimed at the affluent and high-net-worth space. You're targeting households with investable assets in the $500K-$5M range, which Ameriprise Financial, Inc. identifies as a key market opportunity. This segment relies heavily on the firm's network of advisors-they had 10,427 branded advisors in the U.S. as of the third quarter of 2025, helping drive productivity that reached $1.1 million per advisor on a trailing 12-month basis in Q3 2025. That focus on the Mass Affluent and High Net Worth individuals is defintely where the bulk of the advice revenue comes from.

Globally, the institutional side is managed through Columbia Threadneedle Investments. This group serves large pools of capital, including pension funds, endowments, foundations, and financial institutions. For context, the Asset Management segment posted adjusted operating net revenues of $906 million in the third quarter of 2025, and they saw inflows of $1.0 billion from a single institutional client in that same quarter. Columbia Threadneedle Investments itself manages hundreds of billions in assets, with figures around $714 billion in assets under management and advisement cited in recent profiles.

The client base is segmented by the service required, which dictates the delivery channel:

• Mass Affluent and High Net Worth individuals (target household range: $500K-$5M)
• Retail clients needing comprehensive financial planning and retirement solutions
• Institutional investors globally, served via Columbia Threadneedle Investments
• Small businesses and corporate clients seeking retirement plan solutions

Ameriprise Financial, Inc. (AMP) - Canvas Business Model: Cost Structure

You're looking at the costs Ameriprise Financial, Inc. incurs to run its integrated advice, asset management, and protection businesses. It's a mix of variable costs tied directly to growth and fixed costs supporting the platform.

The largest variable cost component is tied directly to the revenue-generating activities of the advisors. For the third quarter of 2025, Distribution expenses increased by 11%, which the company stated was aligned with Gross Dealer Compensation (GDC) growth. This reflects the cost of compensating the vast network of financial professionals. For Q3 2025, the reported Distribution fees component for Mutual Funds alone was $227 million.

The firm is actively managing its overhead through efficiency drives. General and administrative (G&A) expenses saw a reported 3% improvement in Q3 2025, a direct result of ongoing firm-wide operational transformation initiatives aimed at future profitability. However, the GAAP reported G&A expense for Q3 2025 was $439 million, which was up 5% from the prior year, primarily due to volume and growth-related expenses.

Ameriprise Financial, Inc. continues to make substantial outlays to maintain and advance its platform. This includes significant investment in technology and operational transformation, which is noted as a key area for continued investment to support growth initiatives and drive productivity. While a specific investment dollar amount isn't broken out separately from operating expenses, the focus on operational transformation is a clear cost driver.

Costs related to the corporate balance sheet are also present. For Q3 2025, the reported Interest and debt expense related to corporate financing was $14 million.

The table below summarizes the key expense line items for the third quarter of 2025 compared to the prior year, focusing on the major reported categories:

Expense Category (GAAP)	Q3 2025 Amount (in millions)	Q3 2024 Amount (in millions)	Year-over-Year Change
Distribution expenses	Not explicitly stated as total, but Mutual Fund component was $227 million	Not explicitly stated as total	Increased 11%
Interest and debt expense	$14 million	$9 million	Increased 56%
General and administrative expenses	$439 million	$419 million	Increased 5%

Costs associated with underwriting and regulatory compliance are inherent to operating in the financial services sector. While specific, isolated dollar amounts for 2025 compliance costs aren't detailed in the top-line results, the firm's reporting structure suggests these are embedded within G&A or other operational expenses. For instance, prior period metrics have excluded specific regulatory accruals, indicating that such costs are a material, managed consideration.

The overall cost management strategy involves balancing these necessary expenditures with growth. You can see this in the following breakdown of key expense drivers mentioned in the context of Q3 2025 results:

• Advisor compensation increase aligned with GDC growth (part of the 11% Distribution expense rise).
• Benefits from strategic initiatives driving G&A expense improvement.
• Adjusted operating expenses overall increased by 1%, showing tight control despite growth investments.
• The firm's focus on operational transformation is a sustained investment cost.

Finance: draft 13-week cash view by Friday.

Ameriprise Financial, Inc. (AMP) - Canvas Business Model: Revenue Streams

You're looking at the core ways Ameriprise Financial, Inc. (AMP) brings in money as of late 2025, based on their latest reported figures. Honestly, it's a mix of asset-based fees, transactional earnings, and insurance charges, which is typical for a diversified financial services firm.

The Advice & Wealth Management (AWM) segment remains the primary engine. This revenue comes from fees charged to clients for ongoing management and financial advice, often through wrap fee programs. The Asset Management arm, which includes Columbia Threadneedle Investments, generates revenue primarily through asset management fees based on assets under management (AUM).

Here's a quick look at the key revenue stream numbers from the third quarter of 2025:

Revenue Stream Component	Q3 2025 Financial Amount
Management and Financial Advice Fees (AWM Net Revenues)	$3.0 billion
Asset Management Fees (Columbia Threadneedle Adjusted Operating Net Revenues)	$906 million
Premiums/Contract Charges (Retirement & Protection Solutions Sales)	$1.4 billion
Transactional Activity Growth (Year-over-Year)	4%
Client Cash Balances (Stable Sweep Balances)	$27.1 billion

The overall adjusted operating net revenues for the firm in Q3 2025 hit $4.7 billion, marking a 9% increase year-over-year, largely fueled by asset growth across the board.

Drilling down into the components that feed these streams, you see several specific drivers:

• Management and financial advice fees are directly tied to AWM Total Client Assets, which reached $1.14 trillion, up 11% year-over-year.
• Asset management fees are supported by total Assets Under Management and Advisement reaching a record $1.7 trillion firmwide.
• Distribution fees and transactional activity commissions are reflected in the 4% increase in transactional activity compared to the prior year.
• Net investment income is influenced by client cash balances, which remained stable at $27.1 billion in the wealth segment, though the net investment income itself saw expected pressure as rates eased.

The Retirement & Protection Solutions segment contributes through premiums, policy charges, and contract charges from its insurance and annuities business. For Q3 2025, this segment reported sales of $1.4 billion, with pretax adjusted operating earnings, excluding unlocking impacts, at $200 million.