AMPAmeriprise Financial
Deals with insiders in the proxy filed 2026-03-20
Deals between AMP and its directors, executives, owners of more than 5% or their families: a relative on the payroll, a plane the company charters from its CEO, a director's company that buys from it. SEC rules (Item 404) make the company list every such deal over $120,000 in its proxy statement.
New this year
Paragraphs about a deal, a person or a relative with nothing like them in the proxy filed 2025-03-21.
Nothing new: every deal in this year's section was reported last year too.
No longer reported 3 paragraphs of the proxy filed 2025-03-21 with nothing like them this year
Transactions with Significant Shareholders“In the usual course of our Advice & Wealth Management business, we provide to BlackRock, Inc. or its affiliates (“BlackRock”) distribution services and marketing support in connection with the sale of BlackRock products to our clients. We received approximately $27.2 million in marketing support and related payments from BlackRock in 2024 in connection with these services.”
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Transactions with Significant Shareholders“In the usual course of our Asset Management business, we obtain investment advisory or sub-advisory services from BlackRock. We paid approximately $120 thousand in fees to BlackRock in 2024 in connection with these investment advisory or sub-advisory services.”
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Transactions with Significant Shareholders“In the usual course of our Asset Management business, Vanguard Group, Inc. (“Vanguard”) provides distribution and marketing support in connection with the distribution of our investment products. We paid approximately $623 thousand in fees to Vanguard in 2024 in connection with these services.”
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The whole section
12 paragraphs quoted as filed
Related Person Transaction Review Policy“Our Audit and Risk Committee has adopted a written policy which provides procedures for the review, approval, disapproval or ratification of certain transactions required to be reported under applicable rules of the Securities and Exchange Commission. Any amendments to the policy require Audit and Risk Committee approval.”
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Related Person Transaction Review Policy“Reportable transactions include those in which we are a participant and in which a related person has a direct or indirect material interest. Related persons include: our directors, director nominees and executive officers; any person known by us to be the beneficial owner of more than five percent of our voting securities; and certain family members of, or certain other persons sharing the household of, any of our directors, director nominees or executive officers or holders of more than five percent of our voting securities.”
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Related Person Transaction Review Policy“Standards to be applied to the review of related person transactions include, but are not limited to, the following:”
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Related Person Transaction Review Policy“the extent of the related person’s interest, benefit or influence in such transaction;”
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Related Person Transaction Review Policy“whether the terms of such transaction are on an arm’s length basis with terms no less favorable than terms generally available to an unaffiliated third-party under the same or similar circumstances or otherwise can be determined as fair to us; and whether means are available to manage any actual or apparent conflict of interest that may arise under such transaction following the time it is approved or entered into.”
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Related Person Transaction Review Policy“The Audit and Risk Committee of our Board of Directors, as well as the Audit and Risk Committee’s chair acting alone under delegated authority, have the responsibility to review, approve, disapprove or ratify related person transactions. Any Audit and Risk Committee member who is a related person under a transaction that is the subject of review is recused from voting upon any approval, disapproval or ratification of that transaction. Conditions operative to the transaction or to the relationship with the related person may be included in an approval or ratification.”
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Transactions with Other Companies“In the usual course of our business, we have transactions with many other firms. Some of the directors or officers of these firms may also serve as directors for us or our subsidiaries. We carry out our transactions with these firms on customary terms. The directors and officers who serve us, our subsidiaries or the other firms involved may not have knowledge of these transactions.”
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Transactions Between the Company and Our Directors and Officers“Our executive officers and directors may from time to time take out certain pledge or margin loans from certain of our subsidiaries on the same terms that these subsidiaries offer to the general public. By way of example, our broker-dealer subsidiary Ameriprise Financial Services, LLC may extend margin loans (except margin loans to acquire the Company’s stock) to our directors and executive officers under their brokerage accounts. All indebtedness from these transactions is in the ordinary course of our business and is on the same terms, including interest rates, in effect for comparable transactions with other people. Such indebtedness involves normal risks of collection and does not have features or terms that are unfavorable to our subsidiaries.”
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Transactions Between the Company and Our Directors and Officers“Our executive officers and directors may also have transactions with us or our subsidiaries involving other goods and services, such as insurance, brokerage and investment services. These transactions are also in the usual course of our business and we provide them on terms that we offer to our employees (with respect to executive officers) or to the public (with respect to our outside directors) generally.”
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Transactions Between the Company and Our Directors and Officers“In addition, Mr. Alvero’s sister is employed by the Company and earned annual compensation of $146,600 in 2025, which is commensurate with employees of similar responsibility levels.”
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Transactions Between the Company and Our Directors and Officers“Given the nature and broad scope of the products and services provided by the Company, there are from time to time ordinary course of business transactions between the Company and a director, his or her immediate family members, or principal business affiliations. These may include, among other relationships: extensions of credit; provision of other financial and financial advisory products and services; business transactions for products and services; and charitable contributions made by the Company.”
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Transactions with Significant Shareholders“From time to time we may engage in ordinary course relationships and commercial transactions with our significant shareholders or their subsidiaries. We do not believe that these transactions are material to our Company or our significant shareholders. We engage in ordinary-course business relationships for us and our clients with BlackRock and Vanguard and their affiliates, such as marketing support, financial products and services, and ordinary course investments and trading, and we purchase an integrated investment management and risk analytics technology platform from BlackRock. These transactions are negotiated at arm’s length and pay fees/commissions that are in line with other similar business partners. The selection of these firms is unrelated to their common stock ownership.”
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Paragraphs are compared by their words, not read by AI: one counts as new when no paragraph last year shares half of its words, or when it names a person or company last year's section did not. A deal reported again with a new amount is not new. Always check the filing. Open the proxy ↗ · Last year's proxy ↗