Ameriprise Financial Earns Technology Innovation Award for its PracticeTech® platform | AMP Stock News

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  • Ameriprise Financial (AMP, Financial) received the BISA Technology Innovation Award for its PracticeTech® platform.
  • The PracticeTech® platform aids financial advisors by integrating systems and automating tasks.
  • This recognition highlights Ameriprise's commitment to advancing technology in the financial services sector.

Ameriprise Financial (AMP) has been awarded the prestigious Bank Insurance and Securities Association (BISA) Technology Innovation Award during BISA's 2025 annual convention for its revolutionary PracticeTech® platform. This platform is designed to provide financial advisors with an integrated suite of capabilities, enhancing their efficiency and focusing more on client relationships.

The PracticeTech® platform encompasses several core features, including centralized reports, delegation access, turnkey meeting preparation, marketing deliverables, and asset management capabilities. By automating manual tasks and assimilating systems and data, it allows advisors to allocate more time to their clients and business growth.

Gerard Smyth, Executive Vice President and Chief Information Officer at Ameriprise, emphasized the company's ongoing investment in enhancing their technology. "Our PracticeTech® platform is a powerful collection of tools and capabilities that are fully integrated and designed with advisors and clients in mind. We’re honored to be recognized by BISA as a technology innovator for this platform," Smyth stated.

The BISA Technology Innovation Award acknowledges firms that lead the charge in enhancing products, services, and platforms within the financial services industry through technological advancements. This accolade underscores Ameriprise's dedication to leveraging technology in providing superior financial services.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.