Ameriprise Financial, Inc. has potential at FinGad.com

Vote

Ameriprise Financial, Inc. has potential

Categorie: Equities
Submitted 12 months ago by

Dan , Chairman and CEO at Labi Group

S&P500 Stock - Ameriprise Financial, Inc. (NYSE: AMP) A pricey stock but a good investment Ameriprise Financial is in the investment services industry. Revenues in the investment services touched nearly $300 billion in 2006. 54 percent of these revenues come from brokering and dealing equities, derivatives, debt instruments. The rest of the income comes from investment advice to individuals and corporations. Since interest rates are high, citizens will get inspired to save and invest. This will enable these investment services firm to earn more money. The US has the largest number of high net worth individuals and their combined assets equal $10 trillion. Investment service providers advise these high net worth individuals and manage this asset. This how all these firms make money. With the ageing population on the rise retirement products are in great demand. M & A activity was on a record high in 2006 and is expected to remain the same this current year as well. Investment service providers involved in such deals will earn mega commissions. 47 percent of the revenues earned by these investment services firms are devoted for salaries and other employee compensation. No company cringes as it is important to retain the talented employees who are responsible for generating thei... More...

[ 0 Comments | Send To A Friend | Bookmark Review ]

0 comments ↓

Please Login or Register to comment