MAI Capital Management Boosts Stake in Ameriprise Financial

Investment firm increases holdings in financial services provider by 27% in Q3

Published on Feb. 27, 2026

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MAI Capital Management, an investment management firm, grew its stake in Ameriprise Financial, Inc. (NYSE:AMP) by 27.0% during the 3rd quarter, according to a recent disclosure with the Securities and Exchange Commission. The firm now owns 9,311 shares of the financial services provider's stock, valued at $4,574,000.

Why it matters

This investment move by MAI Capital Management signals their confidence in Ameriprise Financial's performance and growth potential. As a major institutional investor, MAI's increased stake could influence market sentiment and the stock's valuation.

The details

MAI Capital Management acquired an additional 1,977 shares of Ameriprise Financial during the third quarter, bringing their total holdings to 9,311 shares. This represents a 27.0% increase in their stake in the company. Ameriprise Financial is a diversified financial services firm that provides wealth management, asset management, and insurance products to individual and institutional clients.

MAI Capital Management disclosed its increased stake in Ameriprise Financial in a filing with the SEC on February 27, 2026.
The 27.0% increase in MAI's holdings occurred during the 3rd quarter of the previous year.

The players