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Ameriprise Financial, Inc. (AMP) 2024 Q2 Earnings Call Summary

July 25, 2024 Ameriprise Financial, Inc. (AMP)

Market Cap0.21T
Beta
P/E39.75452774136047
EPS12.247158441111395
Dividend0
Dividend Yield0.00%

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Company key drivers

Note: all the quotes from earning call transcript

Driver 1: Client Asset Growth

Client asset growth is crucial for revenue growth and future terminal value.

Driver 2: Wrap Flows

Wrap flows are a significant contributor to revenue growth and client asset growth.

Driver 4: Net Investment Income

Net investment income is a key driver for revenue growth and free cash flow.

Driver 5: Expense Management

Effective expense management is crucial for maintaining strong margins and free cash flow.

Driver 6: Asset Management Performance

Strong asset management performance is essential for revenue growth and client retention.

Driver 8: Retirement and Protection Solutions

Growth in retirement and protection solutions contributes to revenue and free cash flow.