Shares of Ameriprise Financial (NYSE:AMP) were unchanged in currency trading following the company reported Q2 results.Quarterly ResultsEarnings per share dropped 34.98% year more than $2.64, that missed the quote of $2.85.Revenue of $2,712,000,000 diminished by 16.43% year over year, that missed the quote of $2,820,000,000.OutlookAmeriprise Financial has not issued any earnings guidance for its time being.View additional earnings on AMPAmeriprise Financial has not issued any earnings guidance for its time being.TechnicalsCompany’s 52-week high was at $180.85Company’s 52-week low was at $80.01Price action over last quarter: Up 28.90%Company ProfileSpun off from American Express in 2005, Ameriprise Financial has emerged as a major player in the U.S. market for asset and wealth management, with around $970 billion in total assets under management and advisement the end of 2019. While the company maintains a meaningful presence at annuities and life insurance, it has become an increasingly smaller contributor to earnings as the company’s wealth and asset management departments have risen to over 70% of earnings. Ameriprise has among the biggest branded adviser networks from the industry.See more from Fintech Zoom© 2020 Fintech Zoom.com. Fintech Zoom doesn’t offer investment advice. All rights reserved.