Ameriprise Financial
1.65 %
15.39 %
Yet to be announced
Company Overview
Ameriprise Financial, Inc. provides various financial products and services to individual and institutional clients in the United States and internationally. It operates through four segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. The Retirement and Protection Solutions segment provides variable annuity products to individual clients, as well as life and DI insurance products.
Revenue Sources
FailAmeriprise Financial's primary revenue streams come from financial advisory services, asset management fees, insurance products, and related financial services. These activities fundamentally involve lending and borrowing for profit, which is considered haram in Islamic finance. The majority of their revenue is derived from interest-based financial products and services.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $4.35b | $3.67b | - | - | 0.00% | 0.00% |
| Dec. 31, 2024 | $4.5b | $3.15b | - | - | 0.00% | 0.00% |
| Sept. 30, 2024 | $4.4b | $3.75b | - | - | 0.00% | 0.00% |
| June 30, 2024 | $4.22b | $3.17b | - | - | 0.00% | 0.00% |
While the provided financial data doesn't show explicit interest income or expense, Ameriprise Financial's core business model is heavily dependent on interest-based financial products and services. The company's wealth management and financial advisory services are fundamentally built around conventional interest-based financial instruments.
Operational Ethics
PassBased on available information, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company primarily operates in North America and doesn't appear to have material ties to Israel or the Chinese Communist Party.
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