Ameriprise Financial Q4 Earnings Surpass Expectations with $10.83 Adjusted EPS

Ameriprise Financial's Q4 earnings beat expectations with $10.83 adjusted EPS, exceeding market expectations of $10.30, due to robust asset growth and expense management. Revenue for the quarter came in at $4.96 billion, beating the average forecast of $4.77 billion, representing a 10% YoY growth. The company's Advice & Wealth Management division reported a 13% increase in pretax adjusted operating earnings with a margin of 29.3%. Total client assets rose 13% to a new high of $1.2 trillion.