Raising the Bar on Growth, But What About Tech? Ameriprise Financial's recent growth spurt has caught the attention of analysts, with Argus Research Group raising their target price for the financial services giant.
Kevin Heal, Chief Compliance Officer and Senior Analyst at Argus, attributes this upward revision to Ameriprise's increasing Assets Under Management (AUM).
This trend is part of a broader shift in the financial services sector, where companies are focusing on growing AUM through acquisitions, strategic partnerships, and innovative digital solutions.