secwatch.observer — SEC 8-K summary
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Issuer:     AMERIPRISE FINANCIAL INC (AMP)
CIK:        0000820027
Form:       8-K
Filed at:   2023-07-26T23:59:59+00:00
Accession:  0000820027-23-000074
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ameriprise Q2 adjusted EPS $7.44 up 30% YoY; Wealth Mgmt margin record 31.2%
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- GAAP EPS $8.21 (vs $5.37); adjusted operating EPS $7.44 (vs $5.72), up 30%.
- Wealth Management pretax adjusted margin 31.2% (record); net revenue +14%, earnings +49%.
- Assets under management $1.3T (+9%); client net flows $9.4B (+10%).
- Returned $638M capital to shareholders (79% of adj. earnings); new $3.5B buyback authorization.
- Asset Management faced $5.3B net outflows; pretax margin 30%; Retirement earnings +13%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/820027/000082002723000074/0000820027-23-000074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/820027/000082002723000074/amp-20230726.htm
  HTML page:      https://secwatch.observer/filing/0000820027-23-000074

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