AMP · 8-K · 20261029PR000050

Wealth Management Growth

AMERIPRISE FINANCIAL INC · 2026-10-29 · Importance 51 · Surprise 64

Advice & Wealth Management total client assets reached $1.231 trillion, up 8% year over year, while wrap assets grew 12% to $729 billion. Excluding Comerica, client net inflows rose 56% to $5.3 billion and wrap net inflows rose 38% to $6.6 billion; transactional activity increased 6%. Ameriprise added 79 experienced advisors during the quarter, and trailing-12-month adjusted operating net revenue per advisor increased 13% to $1.24 million.

Key facts

• Excluding Comerica, Advice & Wealth Management client net inflows were $5.3 billion, up 56%, and wrap net inflows were $6.6 billion, up 38%. source
• Advice & Wealth Management cash sweep balances were $27.0 billion, compared with $28.8 billion in the prior quarter, including a $1.5 billion impact from the Comerica transition; underlying balances were stable. source