AMP · 10-Q · 2026Q2 · Full report
Segment Revenue Performance
AMERIPRISE FINANCIAL INC · 2026-08-04 · Importance 54 · Surprise 40 · No source text
Six-month Advice & Wealth Management net revenues increased 15.4% to $5,928 million from $5,139 million, while Asset Management net revenues increased 11.4% to $1,811 million from $1,625 million. Retirement & Protection Solutions net revenues increased 3.9% to $1,709 million from $1,645 million, below the 10% materiality threshold but representing the segment’s reported year-over-year change. Advice & Wealth Management advisory fees increased to $3,656 million from $3,032 million, while Asset Management retail asset management fees increased to $1,160 million from $1,045 million. Six-month total segment net revenues increased to $10,422 million from $9,440 million before intersegment eliminations and non-operating items.
Key facts
- Retirement & Protection Solutions assets were $133,625 million at June 30, 2026 and $127,778 million at December 31, 2025. source
- Advice & Wealth Management adjusted operating net revenues were $3,246 million and $2,807 million for the three months ended June 30, 2026 and 2025, respectively, and $6,421 million and $5,589 million for the six months ended June 30, 2026 and 2025, respectively. source
- Asset Management adjusted operating net revenues were $1,857 million and $1,676 million for the three months ended June 30, 2026 and 2025, respectively. source
- Advice & Wealth Management distribution expenses were $1,829 million and $1,546 million for the three months ended June 30, 2026 and 2025, respectively. source
- Advice & Wealth Management distribution expenses were $3,599 million and $3,100 million for the six months ended June 30, 2026 and 2025, respectively. source
- Corporate & Other assets were $16,043 million at June 30, 2026 and $16,365 million at December 31, 2025. source
- Total assets at June 30, 2026 were $197,871 million and at December 31, 2025 were $190,904 million. source
- Advice & Wealth Management assets were $41,511 million at June 30, 2026 and $40,038 million at December 31, 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +97.7% | Asset Management total net revenues for the three months ended June 30, 2026: $4,899 million (segment table shows Asset Management segment… |
| revenue | positive | realized | +64.8% | Advice & Wealth Management total segment gross revenues for the three months ended June 30, 2026: $3,319 million and total segment net… |
| revenue | positive | realized | +59.7% | Advice & Wealth Management total net revenues for the three months ended June 30, 2026: $2,992 million (segment table). |
| revenue | positive | realized | +16.6% | Advice & Wealth Management adjusted operating net revenues were $3,246 million and $2,807 million for the three months ended June 30, 2026… |
| operating_income | negative | realized | -9.9% | Advice & Wealth Management distribution expenses were $3,599 million and $3,100 million for the six months ended June 30, 2026 and 2025,… |
| revenue | positive | realized | +8.8% | Advice & Wealth Management adjusted operating net revenues were $3,246 million and $2,807 million for the three months ended June 30, 2026… |
| operating_income | negative | realized | -5.7% | Advice & Wealth Management distribution expenses were $1,829 million and $1,546 million for the three months ended June 30, 2026 and 2025,… |
| revenue | positive | realized | +3.6% | Asset Management adjusted operating net revenues were $1,857 million and $1,676 million for the three months ended June 30, 2026 and 2025,… |
| assets | positive | realized | +3.5% | Total assets at June 30, 2026 were $197,871 million and at December 31, 2025 were $190,904 million. |
| assets | positive | realized | +3.0% | Retirement & Protection Solutions assets were $133,625 million at June 30, 2026 and $127,778 million at December 31, 2025. |
| revenue | positive | realized | +1.3% | Retirement & Protection Solutions adjusted operating net revenues were $1,927 million and $1,862 million for the three months ended June… |
| assets | negative | realized | -0.2% | Corporate & Other assets were $16,043 million at June 30, 2026 and $16,365 million at December 31, 2025. |