Ameriprise Financial Management
Management criteria checks 2/4
Ameriprise Financial's CEO is Jim Cracchiolo, appointed in Sep 2005, has a tenure of 19.25 years. total yearly compensation is $28.38M, comprised of 4.4% salary and 95.6% bonuses, including company stock and options. directly owns 0.17% of the company’s shares, worth $86.13M. The average tenure of the management team and the board of directors is 12.3 years and 9.5 years respectively.
Key information
Jim Cracchiolo
Chief executive officer
US$28.4m
Total compensation
| CEO salary percentage | 4.4% |
| CEO tenure | 19.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 12.3yrs |
| Board average tenure | 9.5yrs |
Recent management updates
Recent updates
Cautious Investors Not Rewarding Ameriprise Financial, Inc.'s (NYSE:AMP) Performance Completely
Dec 02
Ameriprise Financial: Advisor And Asset-Based Fees To Drive Further Growth While Costs Are Low
Oct 07Ameriprise Financial, Inc.'s (NYSE:AMP) Subdued P/E Might Signal An Opportunity
Aug 27Ameriprise Q2/H1 2024: A Repeat Of 2023?
Jul 25Does Ameriprise Financial (NYSE:AMP) Deserve A Spot On Your Watchlist?
Jun 20Ameriprise Financial: Good Business Strategy, But Little Upside Ahead
May 29Results: Ameriprise Financial, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Apr 26Ameriprise Financial, Inc.'s (NYSE:AMP) Subdued P/E Might Signal An Opportunity
Mar 09Ameriprise Financial: EPS Growth Potential But Low Dividend Yield
Feb 08Ameriprise Financial: 2 Reasons Why It's A Buy
Feb 01Ameriprise Financial: Plenty To Like, But The Valuation Isn't It (Rating Downgrade)
Jan 02Ameriprise: Upgrade To Buy As Earnings Strength Overshadows Debt Hurdles
Oct 16Ameriprise Financial: Valuation Has Gotten Even Steeper Post Q2
Aug 02Ameriprise Financial: A Leading Wealth Manager But Overpriced
Jun 28Revisiting Ameriprise Financial: Now A 'Hold' For 2023 (Rating Downgrade)
Feb 08Ameriprise Financial Non-GAAP EPS of $6.94 beats by $0.46, revenue of $3.62B beats by $160M
Jan 25Ameriprise Financial declares $1.25 dividend
Oct 25Ameriprise Financial Is A Decent Addition To Dividend Growth Portfolios
Sep 18Unwrapping Ameriprise Uncovers A Good Business
Aug 06Ameriprise Financial Q2 2022 Earnings Preview
Jul 25Ameriprise Financial: A Smart Buy-The-Dip Opportunity
Jul 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$3b |
| Jun 30 2024 | n/a | n/a | US$3b |
| Mar 31 2024 | n/a | n/a | US$3b |
| Dec 31 2023 | US$28m | US$1m | US$3b |
| Sep 30 2023 | n/a | n/a | US$3b |
| Jun 30 2023 | n/a | n/a | US$3b |
| Mar 31 2023 | n/a | n/a | US$3b |
| Dec 31 2022 | US$23m | US$1m | US$3b |
| Sep 30 2022 | n/a | n/a | US$3b |
| Jun 30 2022 | n/a | n/a | US$3b |
| Mar 31 2022 | n/a | n/a | US$3b |
| Dec 31 2021 | US$21m | US$1m | US$3b |
| Sep 30 2021 | n/a | n/a | US$2b |
| Jun 30 2021 | n/a | n/a | US$1b |
| Mar 31 2021 | n/a | n/a | -US$65m |
| Dec 31 2020 | US$21m | US$1m | US$2b |
| Sep 30 2020 | n/a | n/a | US$2b |
| Jun 30 2020 | n/a | n/a | US$3b |
| Mar 31 2020 | n/a | n/a | US$4b |
| Dec 31 2019 | US$25m | US$1m | US$2b |
| Sep 30 2019 | n/a | n/a | US$2b |
| Jun 30 2019 | n/a | n/a | US$2b |
| Mar 31 2019 | n/a | n/a | US$2b |
| Dec 31 2018 | US$26m | US$1m | US$2b |
| Sep 30 2018 | n/a | n/a | US$2b |
| Jun 30 2018 | n/a | n/a | US$2b |
| Mar 31 2018 | n/a | n/a | US$2b |
| Dec 31 2017 | US$24m | US$1m | US$1b |
Compensation vs Market: Jim's total compensation ($USD28.38M) is above average for companies of similar size in the US market ($USD12.85M).
Compensation vs Earnings: Jim's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Jim Cracchiolo (65 yo)
19.3yrs
Tenure
US$28,378,031
Compensation
Mr. James M. Cracchiolo, also known as Jim, has been the Chief Executive Officer, Chairman and Director at Ameriprise Financial, Inc. (formerly, American Express Financial Corporation) since September 30,...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 19.3yrs | US$28.38m | 0.17% $ 86.1m | |
| Executive VP | 19.3yrs | US$9.46m | 0.0070% $ 3.6m | |
| Executive VP & Global Chief Investment Officer | 2.8yrs | US$4.17m | 0.014% $ 7.1m | |
| Chief Executive Officer of Global Asset Management | 12.3yrs | US$7.93m | 0.023% $ 11.9m | |
| President of Advice & Wealth Management - Products and Service Delivery | 15.6yrs | US$5.73m | 0.0063% $ 3.3m | |
| Executive VP - Finance | 5.5yrs | no data | no data | |
| Executive VP & Global Chief Information Officer | 4.3yrs | no data | 0.0040% $ 2.1m | |
| Senior Vice President of Investor Relations | 9.9yrs | no data | no data | |
| Executive VP & General Counsel | 2.5yrs | no data | 0.0039% $ 2.0m | |
| Executive Vice President of Marketing | 18.6yrs | no data | no data | |
| Executive Vice President of Human Resources | 19.3yrs | no data | no data | |
| Chief Market Strategist | no data | no data | no data |
12.3yrs
Average Tenure
62.5yo
Average Age
Experienced Management: AMP's management team is seasoned and experienced (12.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 19.3yrs | US$28.38m | 0.17% $ 86.1m | |
| Presiding Independent Director | 19.3yrs | US$372.00k | 0.017% $ 8.9m | |
| Independent Director | 8.3yrs | US$354.69k | 0.00021% $ 109.2k | |
| Independent Director | 6.7yrs | US$327.00k | 0.0010% $ 535.5k | |
| Independent Director | 10.8yrs | US$342.00k | 0.00016% $ 83.2k | |
| Independent Director | 5.5yrs | US$327.00k | 0.0032% $ 1.7m | |
| Independent Director | 2.3yrs | US$324.69k | 0.0027% $ 1.4m | |
| Independent Director | 10.8yrs | US$346.50k | 0.0010% $ 535.5k |
9.5yrs
Average Tenure
65.5yo
Average Age
Experienced Board: AMP's board of directors are considered experienced (9.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 00:02 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Ameriprise Financial, Inc. is covered by 27 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| Alan Devlin | Atlantic Equities LLP |
| Jay Gelb | Barclays |