Best Clean Energy Stocks To Invest In 2014: AMERIPRISE FINANCIAL SERVICES INC. (AMP)
Ameriprise Financial Inc., through its subsidiaries, provides a range of financial products and services in the United States and internationally. The company's Advice and Wealth Management segment offers financial planning and advice, as well as brokerage and banking services primarily to retail clients through its financial advisors. The Asset Management segment provides investment advice and investment products to retail and institutional clients. The Annuities segment offers variable and fixed annuity products to retail customers through affiliated and unaffiliated advisors, and financial institutions. The Protection segment provides various protection products through financial advisors to address the protection and risk management needs of retail clients, including life, disability income, and property-casualty insurance. The company was formerly known as American Express Financial Corporation and changed its name to Ameriprise Financial, Inc. in September 2005. Ame riprise Financial Inc. was founded in 1894 and is headquartered in Minneapolis, Minnesota.
Advisors' Opinion:- [By Zacks]
Currently, shares of T. Rowe Price carry a Zacks Rank #2 (Buy). Among other investment managers, Invesco Ltd. (NYSE: IVZ) is scheduled to report December quarter end results on Jan 30, Legg Mason Inc. (NYSE: LM) on Jan 31 and Ameriprise Financial, Inc. (NYSE: AMP) on Feb 4.
- [By U.S. News]
Getty Images Recently, a client came to me with a difficult dilemma. He was retired and living comfortably but didn't have much room in his budget for additional expenses. His son was a high-ranking executive with a midsize company. He was married, with three children, all of whom were in private school in New York City. The son lost his job as a consequence of restructuring. He was! having difficulty finding another position at anything close to his prior income. He had been looking without success for more than six months. He was at a point where he could no longer meet his substantial monthly expenses. He asked my client to provide the funds necessary to maintain his lifestyle and the education of his children, until he was able to "land on his feet." My client could afford to make these payments for a limited period of time but his retirement plans would be jeopardized if the time period was prolonged and if his son did not pay him back. He asked for my advice. For many Americans, the goal of helping children and grandchildren pay for their education and preserving wealth to leave to their children is an important goal. Unfortunately, the 2008 recession reduced the confidence of investors in their ability to meet those goals. According to a report prepared by Ameriprise Financial (AMP), only 24 percent of those surveyed in 2012 were "very confident" they could help with education and only 16 percent had confidence in their ability to leave an inheritance to their children. What is more troubling is the finding that only one-third of those surveyed felt very confident in their ability to provide adequately for themselves and their family. My client had never discussed his finances with his children. He is not alone. More than one-third of the parents of boomers believe they haven't adequately discussed finances with their children, according to the Ameriprise study. Their children were often reluctant to engage in these discussions with aging parents b
- [By Ian Katz]
"The consumer is still in a holding pattern, still waiting for better employment prospects," said Russell Price, senior economist at Ameriprise Financial Inc. (AMP) in Detroit.
- [By Jeff Reeves]
Founded in 1894, Ameriprise Financial (AMP) has a long history as a financial services business but only recently has been trading on the NYSE in its current formation a! fter a 20! 05 spinoff from American Express (AXP).
source from Top Stocks Blog:http://www.topstocksblog.com/best-clean-energy-stocks-to-invest-in-2014.html
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