Ameriprise Financial management check
AMP · Financials · Asset Management & Custody Banks · CEO James M Cracchiolo
Filings as of
4 good · 3 to watch · 0 flagged, across the seven questions below.
- Good
Have owners done well?
Beat its chosen peers$100 invested at the start of fiscal 2021 grew to $272, against $203 for the peer group the company picked itself.
- Watch
Does pay follow performance?
Pay only loosely tracked returnsOver 5 years, the CEO's pay actually paid (equity valued at the share price) had a correlation of -0.15 with shareholder return. 1 means pay moved in step; below 0, the opposite way.
- Good
What does the CEO cost owners?
0.9% of net income$30.8m of reported pay in fiscal 2025, against $3.6bn of net income.
- Watch
Do they own the stock?
CEO stake ≈ 2.8 years of payThe CEO holds 160,565 shares, directly or through trusts (unvested awards not counted): about 2.8 years of pay. 7 insiders sold $29.7m in the last six months and none bought.
- Good
Are owners being diluted?
Share count shrinkingDiluted shares changed -4.6% a year over the last three fiscal years. Stock-based pay was 1.1% of revenue in the latest year.
- Good
Is leadership stable?
4 leadership filings in 3 yearsCEO in the pay table: Mr. Cracchiolo. 4 filings under 8-K item 5.02 (officers or directors leaving or joining, or new pay arrangements) in the last 3 years.
- Watch
Are the books clean?
An annual report was amendedNo restatements, auditor changes or late filings since 2021. 1 amended annual report.
Against the S&P 500
Each check's score (0–100) and how it compares: the share of ranked S&P 500 companies it matches or beats, and the median in Financials.
| Check | Score | At or above | Sector median |
|---|---|---|---|
| Owner returns | 92 | 49 | |
| Pay for performance | 43 | 83 | |
| CEO cost | 55 | 67 | |
| Skin in the game | 38 | 51 | |
| Dilution | 100 | 69 | |
| Stable leadership | 100 | 80 | |
| Clean books | 70 | 100 |
Closest peers
Others in Asset Management & Custody Banks, by management score. Ameriprise Financial is 36th of 72 in its sector.
- 48STTState Street Corporation80
- 65APOApollo Global Management79
- 66NTRSNorthern Trust79
- 165BNYBNY Mellon71
- 171AMPAmeriprise Financial71
- 243BLKBlackRock65
- 268ARESAres Management63
- 329TROWT. Rowe Price59
- 390IVZInvesco55
- 420BENFranklin Resources50
Pay versus performance
From the proxy statement filed March 20, 2026. "Actually paid" values stock awards at the share price, so it rises and falls with the stock.
| Fiscal year | CEO | CEO pay | Actually paid | Other executives (avg) | $100 became | Peers | Net income |
|---|---|---|---|---|---|---|---|
| 2025 | Mr. Cracchiolo | $30.8m | $33.1m | $7.5m | $272 | $203 | $3.6bn |
| 2024 | — | $28.1m | $55.9m | $7.0m | $292 | $176 | $3.4bn |
| 2023 | — | $28.4m | $48.6m | $6.8m | $205 | $135 | $2.6bn |
| 2022 | — | $22.8m | $35.0m | $6.1m | $166 | $121 | $3.1bn |
| 2021 | — | $21.2m | $63.5m | $7.4m | $158 | $135 | $3.4bn |
The board says pay is tied most to Adjusted Operating Earnings Per Share excluding Unlocking (diluted). Its other key measures: Adjusted Operating Net Revenues*, Adjusted Operating Net Income*, Adjusted Operating Earnings per diluted share*, Adjusted Operating Return on Equity excluding Accumulated Other Comprehensive Income*, Talent and Leadership Effectiveness.
Insiders and the CEO's stake
James M Cracchiolo (CHAIRMAN AND CEO) held 160,565 shares directly after their latest Form 4 on Jul 28, 2026, roughly $87.8m at that filing's price.
7 insiders sold $29.7m in the last six months and none bought.
- SoldJames M CracchioloCHAIRMAN AND CEO$9.8mJul 28, 2026
- SoldWilliam Jerryl WilliamsPres, Wealth Mgmt Advisor Grp$8.7mJul 28, 2026
- SoldWalter Stanley BermanEXECUTIVE VP AND CFO$6.0mJul 28, 2026
- SoldGerard P. SmythEVP & Hd. of Tech. & Serv. Del$3.0mMay 14, 2026
Leadership and governance on file
- May 20, 2026Leadership change8-K 5.02
- Mar 12, 2026Annual report amended10-K/A
- Feb 12, 2026Leadership change8-K 5.02
- Nov 12, 2025Leadership change8-K 5.02
- Feb 20, 2025Leadership change8-K 5.02
- Apr 28, 2023Leadership change8-K 5.02
- Sep 12, 2022Leadership change8-K 5.02
- Jun 27, 2022Leadership change8-K 5.02
- Mar 18, 2022Leadership change8-K 5.02
Latest shareholder vote results: Apr 30, 2026, including the say-on-pay vote.
Where the money went
Over 2021–2025: $14.3bn returned to owners in buybacks and dividends, 89% of net income, and $908.0m of pay in stock.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $13.4bn | $14.3bn | $16.1bn | $17.9bn | $18.9bn |
| Net income | $3.4bn | $3.1bn | $2.6bn | $3.4bn | $3.6bn |
| Stock-based pay | $152.0m | $170.0m | $187.0m | $193.0m | $206.0m |
| Buybacks | $2.0bn | $2.0bn | $2.1bn | $2.4bn | $2.9bn |
| Dividends | $511.0m | $534.0m | $550.0m | $574.0m | $596.0m |
| Diluted shares | 120m | 114m | 108m | 103m | 98m |
Educational only, not investment advice. Figures are as filed with the SEC: pay from the proxy's pay-versus-performance table, capital allocation from 10-K XBRL data, insider trades from Form 4s over the last six months, events from the last 5 years of filings. The peer group is the one the company chose. See the method.