secwatch.observer — SEC 8-K summary
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Issuer:     AMERIPRISE FINANCIAL INC (AMP)
CIK:        0000820027
Form:       8-K
Filed at:   2022-07-26T23:59:59+00:00
Accession:  0000820027-22-000061
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ameriprise Q2 adj. EPS $5.81, up 10% YoY; wealth mgmt earnings up 16%
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- GAAP EPS $6.61 vs $4.88; adj. operating EPS $5.81 vs $5.27, up 10%.
- Advice & Wealth Mgmt pretax earnings $492M (+16%); margin 23.9% (+250bps).
- Asset Mgmt pretax earnings $222M (-12%); net outflows $3.1B, retail outflows $5.8B.
- Returned $600M to shareholders; on track for ~90% payout.
- Cash balances $47.4B (+21%); average yield 130bps, benefiting from rising rates.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/820027/000082002722000061/0000820027-22-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/820027/000082002722000061/amp-20220726.htm
  HTML page:      https://secwatch.observer/filing/0000820027-22-000061

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer