Ameriprise Financial, a US financial planning and services firm, issued solid Q3 financial report. Net revenues increased 7.6%, assets under management grew 8% to $797 bn. Adjusted operating earnings per share jumped 28%. The company generates strong cash flow, buys back its shares, pays dividends (with dividend yielf of around 2%). Given the relatively sturdy US equity market and the company’s robust assets under management growth, I expect the top line to reflect further improvement in the upcoming quarters. Moreover, Ameriprise’s effective capital deployment activities will continue to assist it in gaining investors’ confidence. I believe Ameriprise's shares are worth including in the medium-term investment portfolios. Target price is $140. $AMP, Ameriprise Financial, Inc. / 1440