Author Bio Dave mainly covers financial stocks, primarily banks and asset managers, and investment planning. He's covered mutual funds and institutional investments for Pensions & Investments, personal finance for S&P, and money markets and bonds for Crane Data. Dave has been a Fool since 2014. Follow @dhkovaleski Ameriprise Financial (NYSE:AMP) had a good run in 2020, outperforming the S&P 500 with a total return of 19%. Some may find this surprising considering that most large financial-sector stocks were in negative territory for the year. But as one of the largest wealth managers in the U.S., Ameriprise's services were in high demand due to the period's high volatility.