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Stocks finished higher last week, opening the month of March on a high note. The S&P 500 Index broke a three-week losing streak, rising +1.9% and ending back above the 4,000 level. The NASDAQ Composite jumped +2.6% on the week, while the Dow Jones Industrials Average rose +1.8%. Materials (+4.0%), Communication Services (+3.3%), and Industrials (+3.3%) outperformed.

Minneapolis – March 3, 2023 – Ameriprise Financial, Inc. (NYSE: AMP) and Comerica Bank today announced that Ameriprise Financial Services, LLC and Comerica Bank have signed an agreement for Ameriprise to become Comerica’s new investment program provider. As part of the arrangement, Comerica and certain affiliates will transition support of specific insurance, brokerage and investment advisory activities currently conducted by Comerica’s broker-dealer subsidiary to the Ameriprise Financial Institutions Group (AFIG). The transaction is expected to close by the end of the year.
 

Minneapolis – March 1, 2023 – Ameriprise Financial Inc. (NYSE: AMP) today announced that 135 of its financial advisors were named to the Forbes “Top Women Wealth Advisors Best-In-State” list. Forbes recognizes the industry’s top women advisors according to several factors, which include levels of ethical standards, professionalism, success in the business and client retention. The rankings are based on data provided by thousands of the nation’s most productive women advisors.