Joseph Sweeney - Ameriprise Financial President

A4S Stock  EUR 452.50  1.00  0.22%   

President

Mr. Joseph E. Sweeney is President Advice Wealth Management, Products and Service Delivery of the Company. Prior to that time, Mr. Sweeney served as PresidentAdvice and Wealth Management, Products and Services since May 2009 and as PresidentFinancial Planning, Products and Services since 2005. Prior to that, Mr. Sweeney served as Senior Vice President and General Manager of Banking, Brokerage and Managed Products of AEFC since April 2002. Prior thereto, he served as Senior Vice President and Head, Business Transformation, Global Financial Services of American Express from March 2001 until April 2002. Mr. Sweeney is currently on the board of directors of the Securities Industry and Financial Markets Association. since 2012.
Age 62
Tenure 13 years
Phone612 671 2052
Webhttps://www.ameriprise.com

Ameriprise Financial Management Efficiency

The company has return on total asset (ROA) of 0.0156 % which means that it generated a profit of $0.0156 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.5357 %, meaning that it generated $0.5357 on every $100 dollars invested by stockholders. Ameriprise Financial's management efficiency ratios could be used to measure how well Ameriprise Financial manages its routine affairs as well as how well it operates its assets and liabilities.
Ameriprise Financial has accumulated 5.15 B in total debt with debt to equity ratio (D/E) of 101.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Ameriprise Financial has a current ratio of 2.59, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Ameriprise Financial until it has trouble settling it off, either with new capital or with free cash flow. So, Ameriprise Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ameriprise Financial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ameriprise to invest in growth at high rates of return. When we think about Ameriprise Financial's use of debt, we should always consider it together with cash and equity.

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Ameriprise Financial, Inc., through its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. Ameriprise Financial, Inc. was founded in 1894 and is headquartered in Minneapolis, Minnesota. AMERIPRISE FINL operates under Asset Management classification in Germany and is traded on Frankfurt Stock Exchange. It employs 14000 people. Ameriprise Financial (A4S) is traded on Frankfurt Exchange in Germany and employs 13,500 people.

Management Performance

Ameriprise Financial Leadership Team

Elected by the shareholders, the Ameriprise Financial's board of directors comprises two types of representatives: Ameriprise Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ameriprise. The board's role is to monitor Ameriprise Financial's management team and ensure that shareholders' interests are well served. Ameriprise Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ameriprise Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Joseph Sweeney, President - Advice & Wealth Management, Products and Service Delivery
Heather Melloh, Exec Counsel
James Cracchiolo, Chairman of the Board, CEO
Dawn Brockman, Interim Officer
Gerard Smyth, Ex Officer
William Truscott, CEO - Global Asset Management
Walter Berman, CFO, Executive Vice President
Alicia Charity, Senior Vice President Investor Relations
William Davies, Ex Officer
John Hutt, Senior Vice President - Corporate Finance, Principal Accounting Officer, Controller

Ameriprise Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ameriprise Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Additional Information and Resources on Investing in Ameriprise Stock

When determining whether Ameriprise Financial is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Ameriprise Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ameriprise Financial Stock. Highlighted below are key reports to facilitate an investment decision about Ameriprise Financial Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ameriprise Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Ameriprise Stock please use our How to Invest in Ameriprise Financial guide.
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Please note, there is a significant difference between Ameriprise Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ameriprise Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ameriprise Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.