Based in Minneapolis, Ameriprise Financial, through its subsidiaries, provides financial products and services to individual and institutional clients in the U.S. and internationally. It has four business segments: Advice & Wealth Management, Asset Management, Retirement & Protection, and Corporate & Other. AMP has a nationwide network of approximately 10,000 financial advisors, over $1.6 trillion in assets under management, and is headquartered in Minneapolis, Minnesota.

We've seen some typical FOMC price action! Since the market was thumped after the Fed decision on Wednesday, the gears (historically) were likely to reverse on Thursday. Still, it REALLY didn't feel like that was going to happen this time after stocks fully tanked following a very confusing press conference by Fed Chairman Warsh. The media pressed and pressed about the 'no hike despite continued elevated inflation' but got little if anything back. We are told that that is the new norm, so get used to it. Economists and Fed junkies will now have to get down and dirty, as they should have been doing all along, and do their own work rather than just parroting what the Fed spoon feeds them. Imagine if corporations (and there has been talk of this) were no longer required to report results every quarter. The analyst community would have to go back to 'kicking the tires' as was common decades ago. Where's Benjamin Graham and Warren Buffett when you need them? The S&P 500 (SPX) surged 1.7% on Thursday and the QQQ ripped higher by 3.3%, reversing Wednesdays' carnage. After breaking down from its triangle, the SPX rallied back in what looks like a false breakdown. The QQQ stalled out at its recent breakdown level of 685. The ETF has plenty of chart and moving-average resistance overhead, so a 'V' bottom is unlikely. The damage to many tech charts is extensive -- and generally that takes time to repair. Yet despite the carnage in many semi names and the inconsistent performance of the Mag 7 stocks, the S&P 500 remains in the middle of a three-month trading range, with little if any technical damage.

Ameriprise Financial has evolved into a diversified financial-services provider that generates roughly 65% of its operating profit from advice and wealth management. With nearly $1.2 trillion in segment assets under management and advisory at year-end 2025 and roughly 10,600 affiliated and employee advisors, Ameriprise is one of the larger US-based wealth managers. It also boasts a reasonably large asset management franchise in Columbia Threadneedle, which maintained $678 billion in assets under management at year-end 2025. The firm's third segment is its retirement and protection services business, which sells insurance products to advisory clients. After eliminations, Ameriprise had $1.69 trillion in assets under management and advisory across segments at year-end 2025.

Ameriprise Financial has evolved into a diversified financial services provider that generates roughly 65% of its operating profit from advice and wealth management. With nearly $1.2 trillion in segment assets under management and advisory at year-end 2025, and with roughly 10,600 affiliated and employee advisors, Ameriprise is one of the larger US-based wealth managers. It also boasts a reasonably large asset management franchise in Columbia Threadneedle, which boasted $678 billion in assets under management at year-end 2025. The firm's third segment is its retirement and protection services business, which sells insurance products to the firm’s advisory clients. After eliminations, Ameriprise had $1.69 trillion in assets under management and advisory across segments at year-end 2025.