secwatch.observer — SEC 8-K summary
======================================

Issuer:     AMERIPRISE FINANCIAL INC (AMP)
CIK:        0000820027
Form:       8-K
Filed at:   2023-10-25T23:59:59+00:00
Accession:  0000820027-23-000094
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ameriprise Q3 adjusted operating EPS ex unlocking $7.68, up 21% YoY; Wealth Management pretax earnings up 23%
--------------------------------------------------------------------------------

- Adjusted operating EPS ex unlocking $7.68 vs $6.35 prior year, up 21%; GAAP diluted EPS $8.14.
- Wealth Management pretax adjusted operating earnings $729M, up 23%; margin 30.3% (31.1% ex regulatory accrual).
- Total AUA/A $1.2T (+12% YoY); Wealth Management client net flows $8.9B, Asset Management net outflows $4.2B.
- Unfavorable unlocking impact $78M after-tax ($0.72/sh) from annuity assumption update.
- Returned $663M to shareholders (80% of adjusted op. earnings); Comerica Bank partnership expected to close in November.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/820027/000082002723000094/0000820027-23-000094-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/820027/000082002723000094/amp-20231025.htm
  HTML page:      https://secwatch.observer/filing/0000820027-23-000094

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