Ameriprise Financial wealth and advice net inflows fall 59 percent year over year
Updated
Updated · Wealth Management · Apr 24
Ameriprise Financial wealth and advice net inflows fall 59 percent year over year
8 articles · Updated · Wealth Management · Apr 24
Net client inflows dropped to $4.2 billion in Q1 2026, with advisor attrition and Comerica’s asset shift cited as major factors.
Ameriprise expects continued outflows through Q3 due to Comerica’s transition to Fifth Third Bank, but reported a $25 million make-whole payment and a new $28 billion Huntington Bank partnership.
Despite inflow declines, total client assets rose 12% to $1.1 trillion, earnings beat estimates, and Ameriprise plans to enhance succession strategies amid industry-wide competition for advisors.
As Ameriprise loses Comerica assets, can its new Huntington Bank deal truly replace the lost revenue?
With 40% of advisors retiring, how will Ameriprise's succession plans prevent a massive client and asset exodus?
Ameriprise beat earnings, but is the 59% drop in asset inflows a hidden warning sign for investors?
Can a $500 million annual tech investment in AI solve Ameriprise's problem of departing advisors?
Can a 'supportive culture' truly win the talent war against rivals offering multi-million dollar bonuses?