Ameriprise reported FY 2025 net income of USD 3.56 billion (+5%) and adjusted operating earnings of USD 3.86 billion, or USD 39.29 per diluted share, versus USD 34.35 in FY 2024. FY 2025 total revenues were USD 18.91 billion (+5%) and pretax income was USD 4.50 billion (+6%), while management and financial advice fees rose to USD 11.11 billion (+10%). The company ended 2025 with USD 1.69 trillion in total assets under management, administration and advisement (+11%), including total AUM of USD 1.30 trillion (+11%). By segment, FY 2025 adjusted operating earnings were USD 3.41 billion in Advice & Wealth Management (+6%), USD 1.02 billion in Asset Management (+10%), and USD 846 million in Retirement & Protection Solutions (+17%); Corporate & Other posted an adjusted operating loss of USD 396 million. Advice & Wealth Management client assets were USD 1.17 trillion (+13%), with wrap assets at USD 670.40 billion (+17%) and wrap net inflows of USD 30.90 billion for the year. In Asset Management, total AUM net outflows were USD 31.70 billion in FY 2025, which included a large institutional client repositioning into passive strategies and USD 3.90 billion of outflows from U.S. real estate products. Ameriprise said it conducted its annual “unlocking” review in Q3; unlocking contributed a pretax benefit of USD 22 million in FY 2025 versus a pretax charge of USD 77 million in FY 2024, while market impact on non-traditional long-duration products (net of hedges) was a pretax expense of USD 366 million in FY 2025. In Retirement & Protection Solutions, variable annuity account balances rose to USD 91.30 billion (+6%) at year-end, with net outflows of USD 4.50 billion and variable annuity sales of USD 4.90 billion (-2%); the share of account values with living benefit riders declined to 46% from 50% as the company continued shifting mix away from products with living benefit guarantees. On capital return, Ameriprise paid USD 614 million in dividends in FY 2025 and repurchased 5.50 million shares at an average price of USD 500.18 per share; it had USD 2.60 billion remaining under its repurchase authorization as of Dec. 31, 2025. The company also reported consolidated cash and cash equivalents (excluding consolidated investment entities and restricted cash) of USD 10.00 billion at Dec. 31, 2025, up from USD 8.10 billion a year earlier.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ameriprise Financial Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000820027-26-000011), on February 19, 2026, and is solely responsible for the information contained therein.