Ameriprise earnings jump on popularity of proprietary funds
Despite a tough stock market and a $3 million bond write-off, Ameriprise Financial Inc. managed to increase its earnings substantially last quarter — thanks in part to sales of proprietary products.
Despite a tough stock market and a $3 million bond write-off, Ameriprise Financial Inc. managed to increase its earnings substantially last quarter — thanks in part to sales of proprietary products.
The Minneapolis-based broker-dealer reported net income of $255 million, an increase of 49% from $
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