SWOT ANALYSIS ON Ameriprise Financial

[abhishreshthaa]

SWOT ANALYSIS ON Ameriprise Financial : Ameriprise Financial, Inc. (NYSE: AMP) is a company that offers financial advice and products. It is the successor to American Express Financial Advisors (AEFA), a former subsidiary of the American Express Company. In 2005, American Express spun off AEFA as an independent company. Its new name came into effect August 1, 2005, and the transaction closed on September 30, 2005.

The company's headquarters are in Minneapolis, Minnesota. James Cracchiolo is the current chairman and chief executive officer.

Strengths

• Technological Advancement
• Leading market position
• Diversified revenue stream
• Strong & steady financial performance
• Strong research & development
• Cash generator
  
  Weaknesses
  
  * Legal proceedings
  * Employee unrest
  * Weak upstream performance in the US
  
  Opportunities
  
  * Increasing demand for refined products in China
  * Increasing demand for liquefied natural gas
  (LNG)
  * Capital investments
  * Demand exceeding supply
  * Biofuels (algae)
  
  Threats
  
  * Economic slowdown in the US and the
  European Union
  * Environmental regulations
  * Tax changes in the US
  * Alternative energy sources