Ameriprise Financial's Stellar Q3 2026 Results: Strong Earnings, Record Client Satisfaction

Ameriprise Financial has reported a stellar third quarter (Q3) in 2026, with the company delivering strong earnings and record client satisfaction.

According to the company's Q3 2026 conference call transcript released on October 29, 2026, Ameriprise achieved significant milestones in its wealth management business. The company's total assets under management, administration, and advisement reached $1.8 trillion, marking an impressive 8% increase over the same period last year.

On an adjusted operating basis, excluding unlocking, net revenues increased by a substantial 10% to $5.1 billion. This growth was driven by higher asset levels and transactional activity, resulting in earnings per share increasing 22%. The company's return on equity (ROE) also rose to over 56%, further demonstrating its differentiated economics.

Ameriprise's wealth management business continues to be a high-quality and high-returning segment. Client satisfaction remains excellent at 4.9 out of 5, reflecting the value of the advice and experience delivered by the company's advisors. The personal engagement and judgment provided by these advisors are key differentiators in today's information-rich environment.

The company's continued investment and support have translated into more successful advisor practices, with Ameriprise advisors growing faster than their competitors for many years. Strong organic growth has led to advisor productivity increasing another 13% to a record $1.2 million per advisor. Total client assets increased by 8% to $1.2 trillion, while wrap assets reached $729 billion, up 12%.

The durability of Ameriprise's fee-based earnings is further reinforced by the continued growth in assets. The company's investment and banking capabilities provide more ways to meet clients' needs and deepen relationships that drive long-term growth. Signature Wealth has gained traction, with over half of the company's advisors now using it for clients.

Ameriprise Financial's Q3 2026 results demonstrate its ability to deliver strong earnings and record client satisfaction in a positive but uncertain environment. The company's focus on providing high-quality advice and experience to clients continues to drive growth and success, making it a leader in the industry.