![]() ![]() Equity markets have been resilient and were up year-over-year but down slightly in the quarter. Additionally, the geopolitical climate is causing further volatility. ![]() However, consumer sentiment in the United States is declining and we may see soft economic growth in the future. Economic growth in the United States continues to hold up well even with increased rates. Regarding the economic landscape, while inflation has come down a bit, it remains elevated, so it’s likely we will see higher interest rates for longer. As you can see in our results, Ameriprise continues to benefit from the complementary strength and flexibility of our business and our talented team. Across the firm, we are helping clients navigate external pressures with our high-quality advice solutions and service. The business continues to perform very well in a fluid and uncertain operating environment. Yesterday afternoon, Ameriprise reported strong third quarter earnings. Jim Cracchiolo: Good morning and thanks for joining our call. And with that, I will turn it over to Jim. Many of the comments that management makes on the call today will focus on adjusted operating results. We completed our annual unlocking in the third quarter. Some statements that we make on this call maybe forward-looking reflecting management’s expectations about future events and overall operating plans and performance. Reconciliation of non-GAAP numbers to their respective GAAP numbers can be found in today’s materials and on our website. Specifically, during the call, you will hear references to various non-GAAP financial measures, which we believe provides insight into the company’s operations. Turning to our earnings presentation materials that are available on our website on Slide 2, you see a discussion of forward-looking statements. Following their remarks, we’d be happy to take your questions. On the call with me today are Jim Cracchiolo, Chairman and CEO and Walter Berman, Chief Financial Officer. Welcome to Ameriprise Financial’s third quarter earnings call. Alicia, you may begin.Īlicia Charity: Thank you and good morning. I will now turn the call over to Alicia Charity. As a reminder, this conference is being recorded. ![]() My name is Chris and I will be your operator for today’s call. Operator: Welcome to the Q3 2023 Earnings Call. (NYSE: AMP) Q3 2023 Earnings Call Transcript October 26, 2023 ![]()
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