Although profits fell firm-wide, Ameriprise Financial’s Advice and Wealth Management arm posted a number of improvements across the board in the third quarter.

The firm navigated a low interest rate environment and volatile markets, pulling in operating earnings of $119 million, up $3 million from a year ago and $8 million from last quarter. Net revenues were up 2% for the year from $938 million to $961 million. Pretax operating margin rose to 12.4%, up from 11.6% last quarter and back on par with where it was last year.

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