secwatch.observer — SEC 8-K summary
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Issuer:     AMERIPRISE FINANCIAL INC (AMP)
CIK:        0000820027
Form:       8-K
Filed at:   2022-10-25T23:59:59+00:00
Accession:  0000820027-22-000078
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ameriprise Q3 adj. operating EPS ex. unlocking $6.43, up 9% YoY; Wealth Management earnings up 30%
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- GAAP EPS $4.86 vs $8.65 prior year; net income $548M down 47% due to prior-year reinsurance gains.
- Adjusted operating EPS ex. unlocking $6.43, up 9%; driven by Wealth Management and higher interest rates.
- Advice & Wealth Mgmt pretax earnings $595M (+30%), margin 27.8% (+540bps); client net flows $11.2B (+11%).
- Asset Mgmt pretax earnings $191M (-33%) on market depreciation and outflows; AUM $546B (-6%).
- Returned $632M to shareholders in Q3; on track to return 90% of operating earnings for the year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/820027/000082002722000078/0000820027-22-000078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/820027/000082002722000078/amp-20221025.htm
  HTML page:      https://secwatch.observer/filing/0000820027-22-000078

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