Direct Answer
Ameriprise Financial reports revenue across 4 business segments in its fiscal 2025 Form 10-K. Advice and Wealth Management is the largest, with $12.2 billion of revenue (64% of the total), followed by Retirement and Protection Solutions at $4.0 billion (21%).
How Does Ameriprise Financial Make Money?
Advice and Wealth Management supplies 64% of revenue, so Ameriprise Financial's results move mostly with that one business; the others matter more for diversification than for the headline number. Between fiscal 2024 and 2025, Advice and Wealth Management grew fastest (+6.4%) and Corporate and Other slowest (-5.0%), so the revenue mix tilts toward Advice and Wealth Management while that gap lasts.
| Segment | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
|---|---|---|---|---|
| Advice and Wealth Management | $12.2 billion | $11.4 billion | 64.4% | 6.4% |
| Retirement and Protection Solutions | $4.0 billion | $3.8 billion | 20.9% | 4.8% |
| Asset Management | $3.6 billion | $3.5 billion | 19.1% | 3.0% |
| Corporate and Other | $460 million | $484 million | 2.4% | -5.0% |
What the Segment Figures Do Not Show
The rows above add up to 107% of Ameriprise Financial's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.
Where These Numbers Come From
Every figure on this page is a value Ameriprise Financial reported in the segment note and revenue disclosures of its Form 10-K filed February 19, 2026 (accession 0000820027-26-000011), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.
Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.
Frequently Asked Questions
What are Ameriprise Financial's business segments?
In its fiscal 2025 Form 10-K, Ameriprise Financial reports revenue for Advice and Wealth Management, Retirement and Protection Solutions, Asset Management and Corporate and Other.
Which part of Ameriprise Financial brings in the most revenue?
Advice and Wealth Management, with $12.2 billion of revenue in fiscal 2025, or 64% of the total.
Where does Ameriprise Financial report its segment results?
In the segment note to the financial statements in its Form 10-K, most recently filed February 19, 2026, alongside management's discussion of each segment's results.