8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)     October 27, 2010

AMERIPRISE FINANCIAL, INC.

(Exact name of registrant as specified in its charter)

Delaware	001-32525	13-3180631
(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	Identification No.)

55 Ameriprise Financial Center
Minneapolis, Minnesota	55474
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code    (612) 671-3131

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02       Results of Operations and Financial Conditions.

On October 27, 2010, Ameriprise Financial, Inc. (the “Company”) issued a press release announcing its financial results for the third quarter of 2010.  A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference and furnished herewith. In addition, the Company furnishes herewith, as Exhibit 99.2, its Statistical Supplement for the quarterly period ended September 30, 2010.

We follow accounting principles generally accepted in the United States (“GAAP”). The press release furnished as Exhibit 99.1 and the financial information furnished as Exhibit 99.2 include information on both a GAAP and non-GAAP adjusted basis.

Certain non-GAAP measures in these exhibits exclude the impact of consolidating certain investment entities (“CIEs”), as well as certain integration charges and realized gains (losses). Our non-GAAP financial measures, which our management views as important indicators of financial performance, include the following: Ameriprise Financial shareholders’ equity excluding AOCI; Ameriprise Financial shareholders’ equity excluding CIEs; Ameriprise Financial shareholders’ equity excluding CIEs and AOCI; basic operating earnings per share; debt to total capital excluding non-recourse debt and equity of CIEs; debt to total capital excluding non-recourse debt and equity of CIEs and 75% equity credit; integration charges, after-tax; net realized gains (losses), after-tax; operating earnings (loss); operating earnings per diluted share; operating margin; operating return on allocated equity; operating return on equity excluding CIEs and AOCI; operating total net revenues; pretax earnings (loss) excluding CIEs; pretax operating earnings (loss); pretax operating margin; return on allocated equity; return on equity excluding AOCI; total capital excluding non-recourse debt and equity of CIEs; total equity excluding CIEs; total long-term debt excluding non-recourse debt; and total long-term debt excluding non-recourse debt and 75% equity credit. Management believes that the presentation of these non-GAAP financial measures better reflects the underlying performance of our 2010 and 2009 core operations and facilitates a more meaningful trend analysis. Management uses certain of these non-GAAP measures to evaluate our financial performance on a basis comparable to that used by some securities analysts and investors. Also, certain of these non-GAAP measures are taken into consideration, to varying degrees, for purposes of business planning and analysis and for certain compensation-related matters.

We also present in Exhibits 99.1 and 99.2 certain non-GAAP debt, capital and shareholders’ equity measures, along with financial ratios incorporating such measures, that exclude amounts related to one or more of the following: accumulated other comprehensive income (loss), non-recourse debt, the impact of consolidating the assets of certain CIEs, property funds and hedge funds, and the recognition of an equity credit on our junior subordinated notes issued on May 26, 2006, which receive at least a 75% equity credit by the majority of the rating agencies.  Management believes that the debt, capital and shareholders’ equity measures, and the corresponding ratios, better represent our capital structure.

Item 9.01       Financial Statements and Exhibits.

(d)Exhibits.

Exhibit No.	Description
Exhibit 99.1	Press Release dated October 27, 2010 announcing financial results for the third quarter of 2010
Exhibit 99.2	Statistical Supplement for the quarterly period ended September 30, 2010

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	AMERIPRISE FINANCIAL, INC.
	(Registrant)
Date: October 27, 2010	By	/s/ Walter S. Berman
		Walter S. Berman
		Executive Vice President and
		Chief Financial Officer

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EX-99.1

Exhibit 99.1

Ameriprise Financial, Inc.

Ameriprise Financial Center

Minneapolis, MN 55474

News Release

Ameriprise Financial Reports Record
Third Quarter Results

Third quarter 2010 net income of $344 million, up 32 percent,
or $1.32 per diluted share

Third quarter 2010 operating earnings were $355 million, up 31 percent,
or $1.37 per diluted share

Ameriprise Financial, Inc.
Third Quarter Results

(in millions, except per							Per Diluted Share
share amounts, unaudited)	2010		2009		% Change		2010		2009		% Change
GAAP
Net revenues	$	2,450	$	1,946	26	%
Net income attributable to Ameriprise Financial	$	344	$	260	32	%	$	1.32	$	1.00		32	%
Operating
Net revenues	$	2,431	$	1,930	26	%
Earnings	$	355	$	272	31	%	$	1.37	$	1.04	32		%
Weighted average common shares outstanding:
Basic	255.3		258.7
Diluted	259.9		260.7

(Operating measures exclude net realized gains/losses, integration expenses and the impact of the adoption of a new accounting standard in 2010 that required the company to consolidate $6 billion of client assets in certain investment entities on its balance sheet and report related revenues and expenses through its income statement. Reconciliation tables of GAAP to operating results are included throughout this release.)

MINNEAPOLIS — October 27, 2010 — Ameriprise Financial, Inc. (NYSE: AMP) today reported record net income(1) of $344 million for the third quarter of 2010 compared to $260 million for the third quarter of 2009.  Net income per diluted share for the third quarter of 2010 was $1.32 compared to $1.00 a year ago.

Operating earnings increased 31 percent to $355 million in the third quarter of 2010 compared to $272 million a year ago.  Operating earnings per diluted share were $1.37 in the third quarter of 2010, up 32 percent from $1.04 a year ago.  Operating earnings growth reflected higher equity markets, reengineering benefits and the first full quarter of Columbia Management earnings.

Operating net revenues were $2.4 billion in the third quarter of 2010, up 26 percent from $1.9 billion a year ago, reflecting growth in asset-based fees driven by market appreciation, the acquisition of Columbia Management and retail net inflows.

(1) Net income represents net income attributable to Ameriprise Financial.

As of September 30, 2010, the company’s excess capital position was more than $1.5 billion after deploying approximately $373 million in 2010 to repurchase more than 9.3 million shares of its common stock.  The company’s investment portfolio ended the quarter with a $2.3 billion net unrealized gain.  Excluding accumulated other comprehensive income (AOCI) and the equity impact of the required consolidation in certain investment entities, book value per share increased 10 percent from a year ago, to $37.30.

Return on shareholders’ equity excluding AOCI was 11.1 percent for the 12 months ended September 30, 2010.  Operating return on equity excluding AOCI was 12.0 percent for the same time period.

“We generated record third quarter earnings, driven largely by strong results in Advice & Wealth Management and Asset Management,” said Jim Cracchiolo, chairman and chief executive officer.  “We’re growing our core client base and our advisor force is strong and increasingly productive.  The integration of Columbia Management is proceeding well, and we are beginning to realize the benefits of the acquisition.”

“While we continue to operate in a challenging environment, I am pleased with our positioning and the overall strength of our company.”

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Summary

Ameriprise Financial, Inc.
Third Quarter Summary

(in millions, except per							Per Diluted Share
share amounts, unaudited)	2010		2009		% Change		2010		2009		% Change
Net income attributable to Ameriprise Financial	$	344	$	260	32	%	$	1.32	$	1.00	32	%
Add: Integration charges, after-tax(1)	12		21		(43	)%	0.05		0.08		(38	)%
Less: Net realized gains, after-tax(1)	1		9		(89	)%	—		0.04		NM
Operating earnings	$	355	$	272	31	%	$	1.37	$	1.04	32	%
Weighted average common shares outstanding:
Basic	255.3		258.7
Diluted	259.9		260.7

NM  Not Meaningful — variance of 100% or greater

(1)After-tax is calculated using the statutory tax rate of 35%.

The company believes that operating measures, which exclude net realized gains or losses, integration charges and the impact of the consolidation of certain investment entities, best reflect the performance of the business.

Third quarter operating earnings results included the following after-tax items:

Ameriprise Financial, Inc.

Third Quarter Items

						Per Diluted Share
(in millions, except per share amounts, unaudited)	2010			2009		2010			2009
Insurance & Annuity valuation assumption and model changes benefits [unlocking]	$	37		$	87	$	0.14		$	0.33
DAC and DSIC benefits [mean reversion]	25			18		0.10			0.07
Variable annuity guarantees net of DAC and DSIC expense	(15		)	—		(0.06		)	—
Total	$	47		$	105	$	0.18		$	0.40

(1)After-tax is calculated using the statutory tax rate of 35%.

Third quarter operating results in both periods benefited from the company’s annual review and unlocking of insurance and annuity valuation assumptions and model changes.  In the third quarter of 2010, this benefited earnings by $37 million, or $0.14 per diluted share, compared to a benefit of $87 million, or $0.33 per diluted share, a year ago.

The $37 million after-tax benefit in the third quarter of 2010 reflected the following:

·$101 million benefit from persistency improvements, including a net benefit from extending annuity amortization periods and increased living benefits expense.

·$55 million expense from resetting near-term equity return assumptions equal to the long-term assumptions and reducing both near- and long-term bond fund return assumptions.

·$9 million in additional expenses from all other assumption and model changes.

The $15 million after-tax net variable annuity benefits expense was primarily driven by the impact of a 22 basis point narrowing of the credit default spread on the liability valuation.

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Taxes

The effective tax rate on net income excluding net income (loss) attributable to non-controlling interests and the required consolidation of certain investment entities was 27.6 percent in the third quarter of 2010.  While the company continues to expect its full-year 2010 operating tax rate to be at the low end of the 25 to 27 percent range based on benefits from tax planning, higher pretax earnings would result in a higher effective tax rate.

Third Quarter 2010 Business Highlights

·Total owned, managed and administered assets were $649 billion at September 30, 2010, up 48 percent from a year ago as a result of the acquisition of Columbia Management and market appreciation.

·Total client assets increased 9 percent year-over-year to $313 billion, reflecting market appreciation, retail net inflows in the advisor network, and strong client and advisor retention.

·Advisor productivity, measured as operating net revenue per advisor, increased 21 percent compared to a year ago.  Growth was primarily driven by higher asset-based fees as a result of year-over-year market appreciation and wrap net inflows, improved client activity and the company’s focus on higher-producing advisors.

·Total advisors declined 6 percent from a year ago to 11,608, primarily due to the continued departure of low-producing advisors.  Advisor retention rates remained strong.

·Asset Management segment managed assets increased 89 percent to $445 billion largely due to the acquisition of Columbia Management and the year-over-year appreciation in the S&P 500, partially offset by net outflows.  In the third quarter of 2010, U.S. Asset Management reported $3.2 billion in net outflows, primarily in equity and subadvisory portfolios.  Threadneedle net inflows of $1.1 billion in the third quarter of 2010 primarily reflected strong institutional net inflows, partially offset by Zurich-related net outflows and European retail net outflows.

·Wrap assets increased 18 percent year-over-year to $105 billion and included $1.8 billion in net inflows in the third quarter of 2010.

·Variable annuity net inflows more than doubled sequentially to $0.5 billion driven by the company’s introduction of a new variable annuity in the Ameriprise channel, RAVA 5, and an updated guaranteed minimum withdrawal benefit rider in the Ameriprise and third-party channels.  Third quarter 2010 variable annuity net inflows more than offset continued outflows in fixed annuities.

·Variable universal life / universal life (VUL/UL) sales decreased 2 percent from a year ago, with equity market increases driving a 6 percent year-over-year increase in VUL/UL ending policyholder account balances.

·Ameriprise Auto & Home premiums increased 7 percent from a year ago, primarily due to growth in policy counts.

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Liquidity and Balance Sheet as of September 30, 2010

The company maintains strong balance sheet fundamentals, excess capital and financial flexibility to capture additional growth opportunities.

Conservative capital management

·The company’s excess capital position was more than $1.5 billion.

·The company repurchased 3.6 million shares of its common stock during the third quarter of 2010 for $153 million.

·RiverSource Life Insurance Company’s estimated risk-based capital ratio remained above 500 percent.

·The debt-to-total capital ratio attributable to Ameriprise Financial was 20.0 percent.  The debt-to-total capital ratio was 19.0 percent, excluding non-recourse debt, the impact of consolidated investment entities and the 75 percent equity credit for the hybrid securities.

·The company will continue to use enterprise risk management capabilities and product hedging to anticipate and mitigate risk.  The company’s variable annuity hedging program continued to perform well.

Substantial liquidity

·Cash and cash equivalents were $3.7 billion, with $1.8 billion at the holding company level and $2.1 billion in free cash.

·The company will retire $340 million of debt on November 15, 2010.  The company’s next outstanding debt maturity is in 2015.

High-quality investment portfolio

·The $33.6 billion available-for-sale portfolio remained well diversified and high quality.

·The investment portfolio remained in a net unrealized gain position, with $2.3 billion in net unrealized gains.

·The total investment portfolio, including cash and cash equivalents, was $41.7 billion and remained well positioned.  Detailed information about the portfolio is available at ir.ameriprise.com.

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Segment Results

Ameriprise Financial, Inc.

Advice & Wealth Management Segment Results

	Quarter Ended September 30, 2010							Quarter Ended September 30, 2009
(in millions, unaudited)	GAAP		Less: Adjustments(1)			Operating		GAAP		Less: Adjustments(1)			Operating
Advice & Wealth Management
Net revenues	$	946	$	—		$	946	$	832	$	5		$	827
Expenses	859		1			858		820		21			799
Pretax income	$	87	$	(1	)	$	88	$	12	$	(16	)	$	28

(1)Includes net realized gains and integration charges.

Advice & Wealth Management reported pretax income of $87 million for the third quarter of 2010.  Segment operating earnings were $88 million compared to $28 million a year ago.  Third quarter 2010 pretax margin was 9.2 percent and operating pretax margin was 9.3 percent.

Operating net revenues increased 14 percent, or $119 million, to $946 million from higher management and distribution fees partially offset by lower net investment income.  Higher management and distribution fees were driven by year-over-year market appreciation, retail net inflows and increased brokerage transactional activity.  The decline in net investment income was driven by lower short-term interest rates and lower certificate balances.   The expected seasonal decline in third quarter distribution revenues was materially offset by increased sales of the company’s new variable annuity product.

Operating expenses increased 7 percent, or $59 million, to $858 million, primarily as a result of higher advisor compensation from business growth.  General and administrative expenses excluding integration charges remained well controlled, contributing to margin expansion.  Operating general and administrative expenses declined $7 million from the prior year and $4 million sequentially.

Advisor productivity increased 21 percent from a year ago driven by higher asset-based fees as a result of year-over-year market appreciation and net inflows, improved client activity, and the company’s focus on higher-producing advisors.

Ameriprise Financial, Inc.

Asset Management Segment Results

	Quarter Ended September 30, 2010							Quarter Ended September 30, 2009
(in millions, unaudited)	GAAP		Less: Adjustments(1)			Operating		GAAP		Less: Adjustments(1)			Operating
Asset Management
Net revenues	$	662	$	1		$	661	$	328	$	—		$	328
Expenses	558		18			540		318		7			311
Pretax income	$	104	$	(17	)	$	121	$	10	$	(7	)	$	17

(1)Includes net realized gains and integration charges.

Asset Management reported pretax income of $104 million for the third quarter of 2010.  Segment operating earnings were $121 million compared to $17 million a year ago driven by the acquisition of Columbia Management, year-over-year market appreciation on assets, and re-engineering benefits.  Third quarter 2010 pretax margin was 15.7 percent and operating pretax margin was 18.3 percent.  The 4 percent sequential decline in the average S&P 500 negatively impacted operating pretax margins by approximately 1 percent.

Operating net revenues more than doubled compared to a year ago, increasing $333 million to $661 million, driven by an increase in management fees due to growth in assets from the acquisition and market appreciation.

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Operating expenses increased 74 percent, or $229 million, to $540 million, primarily reflecting increased ongoing general and administrative and distribution expenses from the acquisition.  Year to date, the company has realized approximately $47 million in integration gross synergies and approximately $76 million in integration-related expenses, which were consistent with original estimates.

U.S. Asset Management assets under management were $347 billion at September 30, 2010 compared to $146 billion a year ago, driven by the Columbia Management acquisition and market appreciation.  Investment performance continued to be solid, complementing strong longer-term investment track records.  Net outflows of $3.2 billion in the quarter were primarily in equity and subadvisory portfolios, reflecting industry-wide outflows in equities and lower retail sales as a result of pending fund mergers.

Threadneedle assets under management were $102 billion at September 30, 2010, up 9 percent from a year ago, reflecting year-over-year market appreciation and net inflows.  Net inflows of $1.1 billion in the third quarter of 2010 primarily reflected strong institutional net inflows, partially offset by Zurich-related net outflows and European retail net outflows.  Overall, investment track records remained strong.

Ameriprise Financial, Inc.
Annuities Segment Results

	Quarter Ended September 30, 2010								Quarter Ended September 30, 2009
(in millions, unaudited)	GAAP		Less: Adjustments(1)			Operating			GAAP		Less: Adjustments		Operating
Annuities
Net revenues	$	626	$	(1	)	$	627		$	591	$	—	$	591
Expenses	362		—			362			323		—		323
Pretax income	$	264	$	(1	)	$	265		$	268	$	—	$	268
Items:
Valuation assumption and model change benefits [unlocking]						$	105						$	111
DAC and DSIC benefits [mean reversion]						29							26
Variable annuity guarantees net of DAC and DSIC benefits/(expense)						(22		)					1
Total						$	112						$	138

(1)Includes net realized losses.

Annuities reported pretax income of $264 million for the third quarter of 2010.  Segment operating earnings were $265 million for the third quarter of 2010, down $3 million from a year ago.  The items listed in the table above drove $26 million of the operating earnings decline, which was largely offset by business growth.

Operating net revenues increased 6 percent, or $36 million, to $627 million, reflecting increased management fees from higher separate account balances, increased premiums from life contingent payout annuities, and higher fees from variable annuity guarantees.  Third quarter 2010 net investment income declined primarily as a result of the implementation of Enhanced Portfolio Navigator in the second quarter of 2010, which resulted in a decline in general account assets and a commensurate increase in separate accounts.

Segment general and administrative expenses were down $2 million compared to a year ago.  These expenses declined $7 million sequentially as costs associated with the RAVA 5 introduction and the implementation of Enhanced Portfolio Navigator declined.

Variable annuity net inflows more than doubled sequentially from the introduction of RAVA 5 in the Ameriprise channel and an updated guaranteed minimum withdrawal benefit rider in the advisor and outside distribution channels.  Variable annuity net inflows in the third quarter of 2010 were partially offset by continued fixed annuity net outflows reflecting low client demand.

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Ameriprise Financial, Inc.

Protection Segment Results

	Quarter Ended September 30, 2010							Quarter Ended September 30, 2009
(in millions, unaudited)	GAAP		Less: Adjustments		Operating			GAAP		Less: Adjustments(1)		Operating
Protection
Net revenues	$	502	$	—	$	502		$	450	$	7	$	443
Expenses	437		—		437			305		—		305
Pretax income	$	65	$	—	$	65		$	145	$	7	$	138
Items:
Valuation assumption and model change benefits (expense) [unlocking]					$	(49	)					$	23
DAC and DSIC benefits [mean reversion]					10							1
Total					$	(39	)					$	24

(1)Includes net realized gains.

Protection reported pretax income of $65 million for the third quarter of 2010.  Segment operating earnings were also $65 million, down $73 million from a year ago.  The items listed in the table above drove a $63 million year-over-year decline in third quarter earnings.

Operating net revenues increased 13 percent, or $59 million, to $502 million.  The impact of unlocking in both periods resulted in $45 million in net revenue growth, with the remaining growth primarily driven by auto and home premiums.

Operating expenses increased 43 percent, or $132 million, to $437 million.  The impact of unlocking in both periods resulted in $117 million in increased expenses in the third quarter of 2010 compared to the prior-year period.  Benefits expenses also increased due to higher disability income and long-term care insurance claims in the third quarter of 2010.

Life and health insurance cash sales were flat with the year-ago period and down sequentially, reflecting historical third quarter seasonality.

Auto and Home continued to increase policy counts and retention remained strong, driving net written premiums up 7 percent compared to a year ago.  In addition, the combined loss ratio and expense ratio in the quarter remained favorable.

Ameriprise Financial, Inc.
Corporate & Other Segment Results

	Quarter Ended September 30, 2010										Quarter Ended September 30, 2009
(in millions, unaudited)	GAAP				Less: Adjustments(1)			Operating			GAAP			Less: Adjustments(1)			Operating
Corporate & Other
Net revenues	$	32			$	28		$	4		$	(9	)	$	4		$	(13	)
Expenses	110				58			52			86			6			80
Pretax loss	$		(78	)	$	(30	)	$	(48	)	$	(95	)	$	(2	)	$	(93	)

(1)Includes revenues and expenses of the consolidated investment entities, net realized gains and integration charges.

Corporate & Other reported a pretax loss of $78 million for the third quarter of 2010.  Segment operating loss was $48 million in the quarter compared to an operating pretax loss of $93 million a year ago.

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Contacts

Investor Relations:	Media Relations:
Laura Gagnon	Paul Johnson
Ameriprise Financial	Ameriprise Financial
612.671.2080	612.671.0625
laura.c.gagnon@ampf.com	paul.w.johnson@ampf.com
	Ben Pratt
	Ameriprise Financial
	612.678.5881
	benjamin.j.pratt@ampf.com

Ameriprise Financial, Inc. is a diversified financial services company serving the comprehensive financial planning needs of the mass affluent and affluent.  For more information visit ameriprise.com.

Ameriprise Financial Services, Inc. offers financial planning services, investments, insurance and annuity products.  RiverSource insurance and annuity products are issued by RiverSource Life Insurance Company, and in New York only by RiverSource Life Insurance Co. of New York, Albany, New York.  Only RiverSource Life Insurance Co. of New York is authorized to sell insurance and annuity products in the state of New York.  These companies are all part of Ameriprise Financial, Inc. CA License #0684538. RiverSource Distributors, Inc. (Distributor), Member FINRA.

Forward-Looking Statements

This news release contains forward-looking statements that reflect management’s plans, estimates and beliefs.  Actual results could differ materially from those described in these forward-looking statements.  Examples of such forward-looking statements include:

·the statement of belief in this news release that the Columbia Management integration is proceeding well and the company is realizing the benefits of the acquisition;

·the statement of intention in this news release that the company will retire $340 million in debt on November 15, 2010;

·the statement of belief in this news release that the company will continue to use enterprise risk management capabilities and product hedging to anticipate and mitigate risk;

·the statement of belief in this news release that the company expects its 2010 full-year effective tax rate will be at the low end of the 25 to 27 percent range;

·statements of the company’s plans, intentions, positioning, expectations, objectives or goals, including those relating to asset flows, mass affluent and affluent client acquisition strategy, client retention and growth of our client base, financial advisor productivity, retention, recruiting and enrollments, general and administrative costs, consolidated tax rate, return of capital to shareholders, and excess capital position and financial flexibility to capture additional growth opportunities;

·other statements about future economic performance, the performance of equity markets and interest rate variations and the economic performance of the United States and of global markets; and

·statements of assumptions underlying such statements.

The words “believe,” “expect,” “anticipate,” “optimistic,” “intend,” “plan,” “aim,” “will,” “may,” “should,” “could,” “would,” “likely,” “forecast,” “on pace,” “project” and similar expressions are intended to identify forward-looking statements but are not the exclusive means of identifying such statements.  Forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from such statements.

Such factors include, but are not limited to:

·changes in the valuations, liquidity and volatility in the interest rate, credit default, equity market and foreign exchange environments;

·changes in relevant accounting standards, as well as changes in the litigation and regulatory environment, including ongoing legal proceedings and regulatory actions, the frequency and extent of legal claims threatened or

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initiated by clients, other persons and regulators, and developments in regulation and legislation, including the recent enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act;

·investment management performance and consumer acceptance of the company’s products;

·effects of competition in the financial services industry and changes in product distribution mix and distribution channels;

·changes to the company’s reputation that may arise from employee or affiliated advisor misconduct, legal or regulatory actions, improper management of conflicts of interest or otherwise;

·the company’s capital structure, including indebtedness, limitations on subsidiaries to pay dividends, and the extent, manner, terms and timing of any share or debt repurchases management may effect as well as the opinions of rating agencies and other analysts and the reactions of market participants or the company’s regulators, advisors, distribution partners or customers in response to any change or prospect of change in any such opinion;

·risks of default, capacity constraint or repricing by issuers or guarantors of investments the company owns or by counterparties to hedge, derivative, insurance or reinsurance arrangements or by manufacturers of products the company distributes, experience deviations from the company’s assumptions regarding such risks, the evaluations or the prospect of changes in evaluations of any such third parties published by rating agencies or other analysts, and the reactions of other market participants or the company’s regulators, advisors, distribution partners or customers in response to any such evaluation or prospect of changes in evaluation;

·experience deviations from the company’s assumptions regarding morbidity, mortality and persistency in certain annuity and insurance products, or from assumptions regarding market returns assumed in valuing DAC and DSIC or market volatility underlying our valuation and hedging of guaranteed living benefit annuity riders, or from assumptions regarding anticipated claims and losses relating to our automobile and home insurance products;

·changes in capital requirements that may be indicated, required or advised by regulators or rating agencies;

·the impacts of the company’s efforts to improve distribution economics and to grow third-party distribution of its products;

·the ability to complete the acquisition opportunities the company negotiates and to pursue other growth opportunities;

·the company’s ability to realize the financial, operating and business fundamental benefits or to obtain regulatory approvals regarding integrations we plan for the acquisitions we have completed or may pursue and contract to complete in the future, as well as the amount and timing of integration expenses;

·the ability and timing to realize savings and other benefits from re-engineering and tax planning;

·changes in the capital markets and competitive environments induced or resulting from the partial or total ownership or other support by central governments of certain financial services firms or financial assets; and

·general economic and political factors, including consumer confidence in the economy, the ability and inclination of consumers generally to invest as well as their ability and inclination to invest in financial instruments and products other than cash and cash equivalents, the costs of products and services the company consumes in the conduct of its business, and applicable legislation and regulation and changes therein, including tax laws, tax treaties, fiscal and central government treasury policy, and policies regarding the financial services industry and publicly held firms, and regulatory rulings and pronouncements.

Management cautions the reader that the foregoing list of factors is not exhaustive.  There may also be other risks that management is unable to predict at this time that may cause actual results to differ materially from those in forward-looking statements.  Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made.  Management undertakes no obligation to update publicly or revise any forward-looking statements.  The foregoing list of factors should be read in conjunction with the “Risk Factors” discussion under Part 1, Item 1A of and elsewhere in our Annual Report on Form 10-K for the year ended December 31, 2009 and under Part 2, Item 1A of our Quarterly Report on Form 10-Q for the quarters ended March 31, 2010 and June 30, 2010, available at ir.ameriprise.com.

The financial results discussed in this news release represent past performance only, which may not be used to predict or project future results.  The financial results and values presented in this news release and the below-referenced Statistical Supplement are based upon asset valuations that represent estimates as of the date of this news release and may be revised in the company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2010.  For information about Ameriprise Financial entities, please refer to the Third Quarter 2010 Statistical Supplement available at ir.ameriprise.com and the tables that follow in this news release.

10

Ameriprise Financial, Inc.

Reconciliation Table: GAAP Income Statement to Operating Income Statement

	Quarter Ended September 30, 2010									Quarter Ended September 30, 2009
(in millions, unaudited)	GAAP			Less: Adjustments(1)			Operating			GAAP			Less: Adjustments(1)			Operating			% Change
Revenues
Management and financial advice fees	$	1,040		$	(9	)	$	1,049		$	689		$	—		$	689		52	%
Distribution fees	415			—			415			367			—			367			13
Net investment income	527			19			508			538			13			525			(3	)
Premiums	303			—			303			276			—			276			10
Other revenues	180			9			171			109			4			105			63
Total revenues	2,465			19			2,446			1,979			17			1,962			25
Banking and deposit interest expense	15			—			15			33			1			32			(53	)
Total net revenues	2,450			19			2,431			1,946			16			1,930			26
Expenses
Distribution expenses	611			—			611			462			—			462			32
Interest credited to fixed accounts	227			—			227			232			—			232			(2	)
Benefits, claims, losses and settlement expenses	640			—			640			306			—			306			NM
Amortization of deferred acquisition costs	(246		)	—			(246		)	(64		)	—			(64		)	NM
Interest and debt expense	74			45			29			45			—			45			(36	)
General and administrative expense	702			23			679			625			34			591			15
Total expenses	2,008			68			1,940			1,606			34			1,572			23
Pretax income	442			(49		)	491			340			(18		)	358			37
Income tax provision	130			(6		)	136			80			(6		)	86			58
Net income	312			(43		)	355			260			(12		)	272			31
Less: Net loss attributable to non-controlling interests	(32		)	(32		)	—			—			—			—			—
Net income attributable to Ameriprise Financial	$	344		$	(11	)	$	355		$	260		$	(12	)	$	272		31	%

NM	Not Meaningful — variance of 100% or greater
(1)	Includes the elimination of management fees earned by the company from the consolidated investment entities and the related expense, revenues and expenses of the consolidated investment entities, net realized gains/losses and integration charges. Income tax provision is calculated using the statutory tax rate of 35% on applicable adjustments.

11

Ameriprise Financial, Inc.
Reconciliation Table: Effective Tax Rate

(in millions, unaudited)	Quarter Ended September 30, 2010
Pretax income	$	442
Less: Pretax loss attributable to non-controlling interests	(32		)
Pretax income excluding consolidated investment entities (CIEs)	$	474
Income tax provision	$	130
Effective tax rate	29.6		%
Effective tax rate excluding non-controlling interests	27.6		%

Ameriprise Financial, Inc.

Reconciliation Table: Ameriprise Financial Debt to Ameriprise Financial Capital Ratio

September 30, 2010

(in millions, unaudited)	GAAP Measure			Non-recourse Debt and Equity of Consolidated Investment Entities(1)		GAAP Measure Excluding Non-recourse Debt and Equity of Consolidated Investment Entities			Impact of 75% Equity Credit(2)		GAAP Measure Excluding Non- recourse Debt and Equity of Consolidated Investment Entities with 75% Equity Credit(1)(2)
Ameriprise Financial Debt	$	2,735		$	6	$	2,729		$	242	$	2,487
Ameriprise Financial Capital	$	13,685		$	567	$	13,118				$	13,118
Ameriprise Financial Debt to Ameriprise Financial Capital	20.0		%			20.8		%			19.0		%

(1)Includes non-recourse debt of muni inverse floaters and equity impacts attributable to consolidated investment entities.

(2)The company’s junior subordinated notes receive an equity credit of at least 75% by the majority of the rating agencies.

12

Ameriprise Financial, Inc.

Return on Equity (ROE) Excluding Accumulated Other Comprehensive Income (Loss) “AOCI”
Calculation for the 12 Months Ended September 30, 2010

(in millions, unaudited)	ROE excluding AOCI			Less: Adjustments(1)			Operating ROE(2)
Return	$	1,054		$	(47	)	$	1,101
Equity excluding AOCI	$	9,490		$	343		$	9,147
Return on Equity excluding AOCI	11.1		%				12.0		%

Ameriprise Financial, Inc.

Return on Equity (ROE) Excluding Accumulated Other Comprehensive Income (Loss) “AOCI”
Calculation for the 12 Months Ended September 30, 2009

(in millions, unaudited)	ROE excluding AOCI			Less: Adjustments(1)			Operating ROE(2)
Return	$	116		$	(305	)	$	421
Equity excluding AOCI	$	7,944		$	—		$	7,944
Return on Equity excluding AOCI	1.5		%				5.3		%

(1)Adjustments reflect the trailing twelve months’ sum of after-tax net realized gains/losses and integration charges less the equity impacts attributable to the consolidated investment entities.

(2)Operating return on equity excluding accumulated other comprehensive income (loss) and consolidated investment entities is calculated using the trailing twelve months of earnings excluding the after-tax net realized gains/losses and integration charges in the numerator, and Ameriprise Financial shareholders’ equity excluding the impact of consolidating investment entities using a five point average of quarter-end equity in the denominator.

Ameriprise Financial, Inc.
Reconciliation Table: Book Value

(in millions, except per share amounts, unaudited)	September 30, 2010		September 30, 2009		% Change
Total Ameriprise Financial shareholders’ equity	$	10,950	$	9,045	21	%
Less: Appropriated retained earnings of CIEs	590		—		NM
Add: Accumulated other comprehensive income (AOCI) of CIEs(1)	29		—		NM
Total Ameriprise Financial shareholders’ equity excluding CIEs	10,389		9,045		15
Less: AOCI excluding CIEs	926		279		NM
Total Ameriprise Financial shareholders’ equity excluding AOCI and CIEs	$	9,463	$	8,766	8
Basic common shares outstanding	253.7		258.8		(2	)
Book value per share	$	43.16	$	34.95	23
Book value per share excluding CIEs	$	40.95	$	34.95	17
Book value per share excluding AOCI and CIEs	$	37.30	$	33.87	10	%

NM Not Meaningful — variance of 100% or greater

(1) This adjustment reflects the add back of the elimination of unrealized gains on the company’s investment in CIEs.

13

EX-99.2

Exhibit 99.2

Statistical Supplement Package

(unaudited)

Third Quarter 2010

1

Ameriprise Financial, Inc.

Statistical Supplement Information

Table of Contents

	Page
Ameriprise Financial, Inc.
Statistical Supplement Presentation	4
Consolidated GAAP Income Statements	5
Consolidated Investment Entities Income Statements	6
Consolidated GAAP Income Statements Excluding Consolidated Investment Entities	7
Highlights	9
Common Share, Per Share and Capital Summary	10
Segment Summary	11
Advice & Wealth Management Segment
Segment Income Statements	14
Segment Metrics	15
Asset Management Segment
Segment Income Statements	17
Segment Metrics	18
Columbia Asset Management Products	19
Threadneedle Asset Management Products	20
Mutual Fund Performance	21
Annuities Segment
Segment Income Statements	23
Segment Metrics	24
Protection Segment
Segment Income Statements	26
Segment Metrics	27
Corporate & Other Segment
Segment Income Statements	29
Impact of Consolidated Investment Entities	30
Segment Income Statements Excluding Consolidated Investment Entities	31
Eliminations
Income Statements	32
Balance Sheet and Ratings Information
Consolidated Balance Sheets	34
Capital and Ratings Information	35
Investments	36
Non-GAAP Financial Information	37
Glossary of Selected Terminology
Glossary of Selected Terminology - Segments	38
Glossary of Selected Terminology	39
Exhibit A
Disclosed Items	41
Exhibit B
Reconciliation of GAAP Metrics to Operating Metrics	47

2

Statistical Supplement Package

(unaudited)

Third Quarter 2010

Consolidated Results

3

Ameriprise Financial, Inc.

Statistical Supplement Presentation

Third Quarter 2010

Ameriprise Financial, Inc. (“Ameriprise Financial” or “the Company”) prepares its financial statements in accordance with generally accepted accounting principles (“GAAP”). On a GAAP basis, the consolidated income statement reflects the impact of the required consolidation of certain consolidated investment entities (“CIEs”). The CIEs consist of certain property funds, hedge funds and the variable interest entities required to be consolidated under a new accounting standard that was adopted January 1, 2010. The net income of the CIEs is reflected in net income attributable to noncontrolling interests. The impact of the CIEs is recorded in the Corporate & Other segment. Prior to adoption of the new accounting standard, the income statement impacts from certain property funds and hedge funds were reflected in the Asset Management segment. Upon adoption of the new accounting standard, we reclassified this activity to the Corporate & Other segment for all periods presented.  The impacts from the new accounting standard together with the impacts from certain property funds and hedge funds are collectively referred to as the impact of the CIEs.

On a GAAP consolidated basis, management fees the Company earns for the services it provides to the CIEs and related general and administrative expenses are eliminated and the changes in the assets and liabilities related to the CIEs, primarily debt and underlying bank loans, are reflected in net investment income.  In the consolidated income statements excluding the CIEs and in the Asset Management segment, the Company continues to show the fees in the management and financial advice fees line and eliminates the impact of changes in the CIEs’ assets and liabilities.

Management believes it is important to present the consolidated income statements excluding the CIEs to improve transparency into the underlying performance and economics of the Company’s ongoing operations. The CIEs have the following characteristics:

They were formed on behalf of institutional investors to obtain a diversified investment portfolio and were not formed in order to obtain financing for Ameriprise Financial.

Ameriprise Financial receives customary, industry standard management fees for the services it provides to these CIEs and has a fiduciary responsibility to maximize the investors’ returns.

Ameriprise Financial does not have any obligation to provide financial support to the CIEs, does not provide any performance guarantees of the CIEs and has no obligation to absorb the investors’ losses.

Management excludes the impact of consolidating the CIEs on assets, liabilities, pretax income and equity for setting the Company’s financial performance targets and annual incentive award compensation targets.

Page 5 of the statistical supplement presents the consolidated GAAP income statements, equity and related metrics, page 6 presents the CIEs’ impact to the income statements, equity and related metrics and page 7 presents the consolidated GAAP income statements and equity excluding CIEs and related metrics.

Management believes the exclusion of the impacts from consolidation of the CIEs, integration charges and realized gains/(losses) improves transparency into the underlying performance of the business.  Throughout this presentation, these measures are referred to as operating measures.

	Three Months ended September 30, 2010
	Advice & Wealth		Asset							Corporate
(in millions unless otherwise noted, unaudited)	Management		Management			Annuities		Protection		& Other			Consolidated
GAAP pretax income (loss)	$	87	$	104		$	264	$	65	$	(78	)	$	442
Impact of the CIEs	—		—			—		—		(32		)	(32		)
Pretax earnings (loss) excluding CIEs (1)	87		104			264		65		(46		)	474
Integration charges	1		18			—		—		—			19
Realized (gains) losses	—		(1		)	1		—		(2		)	(2		)
Pretax operating earnings (loss) (1)	$	88	$	121		$	265	$	65	$	(48	)	491
Income tax provision (2)													136
Operating earnings (1)													$	355

(1)See non-GAAP financial information on page 37.

(2)Actual income tax provision plus the tax effect of the integration charges and realized gains (losses) calculated at the statutory tax rate of 35%

4

Ameriprise Financial, Inc.

Consolidated GAAP Income Statements

Third Quarter 2010

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2009			4 Qtr 2009			1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			2009			2010			Diff.			%		Diff.			%		Diff.			%
Revenues
Management and financial advice fees	$	689		$	855		$	774		$	955		$	1,040		$	1,849		$	2,769		$	351		51	%	$	920		50	%	$	85		9	%
Distribution fees	367			391			391			453			415			1,029			1,259			48			13	%	230			22	%	(38		)	(8	)%
Net investment income	538			535			590			654			527			1,467			1,771			(11		)	(2	)%	304			21	%	(127		)	(19	)%
Premiums	276			287			282			299			303			811			884			27			10	%	73			9	%	4			1	%
Other revenues	109			229			255			236			180			493			671			71			65	%	178			36	%	(56		)	(24	)%
Total revenues	1,979			2,297			2,292			2,597			2,465			5,649			7,354			486			25	%	1,705			30	%	(132		)	(5	)%
Banking and deposit interest expense	33			28			21			20			15			113			56			(18		)	(55	)%	(57		)	(50	)%	(5		)	(25	)%
Total net revenues	1,946			2,269			2,271			2,577			2,450			5,536			7,298			504			26	%	1,762			32	%	(127		)	(5	)%
Expenses
Distribution expenses	462			504			525			621			611			1,278			1,757			149			32	%	479			37	%	(10		)	(2	)%
Interest credited to fixed accounts	232			229			228			231			227			674			686			(5		)	(2	)%	12			2	%	(4		)	(2	)%
Benefits, claims, losses and settlement expenses	306			349			354			298			640			993			1,292			334				#	299			30	%	342				#
Amortization of deferred acquisition costs	(64		)	120			118			171			(246		)	97			43			(182		)		#	(54		)	(56	)%	(417		)		#
Interest and debt expense	45			28			64			74			74			99			212			29			64	%	113				#	—			—
General and administrative expense	625			708			621			716			702			1,806			2,039			77			12	%	233			13	%	(14		)	(2	)%
Total expenses	1,606			1,938			1,910			2,111			2,008			4,947			6,029			402			25	%	1,082			22	%	(103		)	(5	)%
Pretax income	340			331			361			466			442			589			1,269			102			30	%	680				#	(24		)	(5	)%
Income tax provision	80			57			65			68			130			126			263			50			63	%	137				#	62			91	%
Net income	260			274			296			398			312			463			1,006			52			20	%	543				#	(86		)	(22	)%
Less: Net income (loss) attributable to noncontrolling interests	—			37			82			139			(32		)	(22		)	189			(32		)	—		211				#	(171		)		#
Net income attributable to Ameriprise Financial	$	260		$	237		$	214		$	259		$	344		$	485		$	817		$	84		32	%	$	332		68	%	$	85		33	%
Earnings Per Share
Basic earnings per share	$	1.00		$	0.92		$	0.82		$	0.99		$	1.35		$	2.05		$	3.15		$	0.35		35	%	$	1.10		54	%	$	0.36		36	%
Earnings per diluted share	$	1.00		$	0.90		$	0.81		$	0.98		$	1.32		$	2.04		$	3.10		$	0.32		32	%	$	1.06		52	%	$	0.34		35	%
GAAP Metrics
Net revenue growth	19.7		%	70.0		%	32.3		%	37.5		%	25.9		%	(0.8		)%	31.8		%
Return on equity excluding AOCI (3)	1.5		%	8.8		%	9.3		%	10.6		%	11.1		%	1.5		%	11.1		%
Earnings per diluted share growth	NM			NM			39.7		%	139.0		%	32.0		%	38.8		%	52.0		%
Pretax income margin	17.5		%	14.6		%	15.9		%	18.1		%	18.0		%	10.6		%	17.4		%	0.5		%			6.8		%			(0.1		)%
Net income attributable to Ameriprise Financial margin	13.4		%	10.4		%	9.4		%	10.1		%	14.0		%	8.8		%	11.2		%	0.6		%			2.4		%			3.9		%
Effective tax rate	23.5		%	17.2		%	17.9		%	14.6		%	29.6		%	21.4		%	20.7		%	6.1		%			(0.7		)%			15.0		%
Ameriprise Financial shareholders’ equity	$	9,045		$	9,269		$	10,104		$	10,498		$	10,950		$	9,045		$	10,950		$	1,905		21	%	$	1,905		21	%	$	452		4	%
Ameriprise Financial shareholders’ equity excluding AOCI (1)	$	8,766		$	9,004		$	9,737		$	9,891		$	10,053		$	8,766		$	10,053		$	1,287		15	%	$	1,287		15	%	$	162		2	%
Ameriprise Financial shareholders’ equity excluding AOCI / outstanding shares (2)	$	33.87		$	34.78		$	37.11		$	38.49		$	39.63		$	33.87		$	39.63		$	5.76		17	%	$	5.76		17	%	$	1.14		3	%
Ameriprise Financial shareholders’ equity excluding AOCI - 5 point avg.	$	7,944		$	8,208		$	8,702		$	9,178		$	9,490		$	7,944		$	9,490		$	1,546		19	%	$	1,546		19	%	$	312		3	%

(1)See non-GAAP financial information on pg 37.

(2)Calculated as Ameriprise Financial shareholders’ equity excluding AOCI divided by common shares outstanding plus common stock equivalents outstanding at period end.

(3)Calculated using net income for the last twelve months in the numerator and the average Ameriprise Financial shareholders’ equity excluding AOCI as of the last day of the trailing four quarters and current quarter in the denominator.

# Variance of 100% or greater.

NM Not Meaningful

5

Ameriprise Financial, Inc.

Consolidated Investment Entities Income Statements

Third Quarter 2010

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2009			4 Qtr 2009			1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			2009			2010			Diff.			%		Diff.			%		Diff.			%
Revenues
Management and financial advice fees	$	—		$	(1	)	$	(9	)	$	(10	)	$	(9	)	$	(1	)	$	(28	)	$	(9	)	—		$	(27	)		#	$	1		10	%
Distribution fees	—			—			—			—			—			—			—			—			—		—			—		—			—
Net investment income	(1		)	1			79			155			17			1			251			18				#	250				#	(138		)	(89	)%
Premiums	—			—			—			—			—			—			—			—			—		—			—		—			—
Other revenues	4			43			57			46			9			(15		)	112			5				#	127				#	(37		)	(80	)%
Total revenues	3			43			127			191			17			(15		)	335			14				#	350				#	(174		)	(91	)%
Banking and deposit interest expense	1			3			—			—			—			3			—			(1		)		#	(3		)		#	—			—
Total net revenues	2			40			127			191			17			(18		)	335			15				#	353				#	(174		)	(91	)%
Expenses
Distribution expenses	—			—			—			—			—			—			—			—			—		—			—		—			—
Interest credited to fixed accounts	—			—			—			—			—			—			—			—			—		—			—		—			—
Benefits, claims, losses and settlement expenses	—			—			—			—			—			—			—			—			—		—			—		—			—
Amortization of deferred acquisition costs	—			—			—			—			—			—			—			—			—		—			—		—			—
Interest and debt expense	—			—			40			45			45			—			130			45			—		130			—		—			0	%
General and administrative expense	2			3			5			7			4			4			16			2				#	12				#	(3		)	(43	)%
Total expenses	2			3			45			52			49			4			146			47				#	142				#	(3		)	(6	)%
Pretax income (loss)	—			37			82			139			(32		)	(22		)	189			(32		)	—		211				#	(171		)		#
Income tax provision	—			—			—			—			—			—			—			—			—		—			—		—			—
Net income (loss)	—			37			82			139			(32		)	(22		)	189			(32		)	—		211				#	(171		)		#
Less: Net income (loss) attributable to noncontrolling interests	—			37			82			139			(32		)	(22		)	189			(32		)	—		211				#	(171		)		#
Net income (loss) attributable to Ameriprise Financial	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		—		$	—		—		$	—		—
Earnings (Loss) Per Share - Consolidated Investment Entities
Basic earnings (loss) per share	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		—		$	—		—		$	—		—
Earnings (loss) per diluted share	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		—		$	—		—		$	—		—
Consolidated Investment Entities Metrics
Net revenue growth	1.2		%	6.6		%	8.2		%	10.7		%	0.7		%	0.1		%	6.4		%
Return on equity excluding AOCI (3)	—			—			(0.1		)%	(0.2		)%	(0.4		)%	—			(0.4		)%
Earnings per diluted share growth	—			—			—			—			—			—			—
Pretax income (loss) margin	—			1.4		%	2.9		%	4.4		%	(1.5		)%	(0.4		)%	1.9		%	(1.5		)%			2.3		%			(5.9		)%
Net income (loss) attributable to Ameriprise Financial margin	—			(0.2		)%	(0.6		)%	(0.8		)%	(0.1		)%	0.1		%	(0.5		)%	(0.1		)%			(0.6		)%			0.7		%
Shareholders’ equity	$	—		$	—		$	482		$	596		$	561		$	—		$	561		$	561		—		$	561		—		$	(35	)	(6	)%
Shareholders’ equity excluding AOCI (1)	$	—		$	—		$	508		$	620		$	590		$	—		$	590		$	590		—		$	590		—		$	(30	)	(5	)%
Shareholders’ equity excluding AOCI / outstanding shares(2)	$	—		$	—		$	1.94		$	2.42		$	2.33		$	—		$	2.33		$	2.33		—		$	2.33		—		$	(0.09	)	(4	)%
Shareholders’ equity excluding AOCI - 5 point ave.	$	—		$	—		$	101		$	226		$	343		$	—		$	343		$	343		—		$	343		—		$	117		52	%

(1) See non-GAAP financial information on pg 37.

(2) Represents the difference between consolidated shareholders’ equity excluding AOCI divided by outstanding shares and consolidated shareholders’ equity excluding CIEs and AOCI divided by outstanding shares.

(3) Calculated using net income (loss) for the last twelve months in the numerator and the average shareholders’ equity excluding AOCI as of the last day of the trailing four quarters and current quarter in the denominator.

# Variance of 100% or greater.

6

Ameriprise Financial, Inc.

Consolidated GAAP Income Statements Excluding Consolidated Investment Entities

Third Quarter 2010

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2009			4 Qtr 2009			1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			2009			2010			Diff.			%		Diff.			%		Diff.			%
Revenues
Management and financial advice fees	$	689		$	856		$	783		$	965		$	1,049		$	1,850		$	2,797		$	360		52	%	$	947		51	%	$	84		9	%
Distribution fees	367			391			391			453			415			1,029			1,259			48			13	%	230			22	%	(38		)	(8	)%
Net investment income	539			534			511			499			510			1,466			1,520			(29		)	(5	)%	54			4	%	11			2	%
Premiums	276			287			282			299			303			811			884			27			10	%	73			9	%	4			1	%
Other revenues	105			186			198			190			171			508			559			66			63	%	51			10	%	(19		)	(10	)%
Total revenues	1,976			2,254			2,165			2,406			2,448			5,664			7,019			472			24	%	1,355			24	%	42			2	%
Banking and deposit interest expense	32			25			21			20			15			110			56			(17		)	(53	)%	(54		)	(49	)%	(5		)	(25	)%
Total net revenues	1,944			2,229			2,144			2,386			2,433			5,554			6,963			489			25	%	1,409			25	%	47			2	%
Expenses
Distribution expenses	462			504			525			621			611			1,278			1,757			149			32	%	479			37	%	(10		)	(2	)%
Interest credited to fixed accounts	232			229			228			231			227			674			686			(5		)	(2	)%	12			2	%	(4		)	(2	)%
Benefits, claims, losses and settlement expenses	306			349			354			298			640			993			1,292			334				#	299			30	%	342				#
Amortization of deferred acquisition costs	(64		)	120			118			171			(246		)	97			43			(182		)		#	(54		)	(56	)%	(417		)		#
Interest and debt expense	45			28			24			29			29			99			82			(16		)	(36	)%	(17		)	(17	)%	—			0	%
General and administrative expense	623			705			616			709			698			1,802			2,023			75			12	%	221			12	%	(11		)	(2	)%
Total expenses	1,604			1,935			1,865			2,059			1,959			4,943			5,883			355			22	%	940			19	%	(100		)	(5	)%
Pretax income	340			294			279			327			474			611			1,080			134			39	%	469			77	%	147			45	%
Income tax provision	80			57			65			68			130			126			263			50			63	%	137				#	62			91	%
Net income	260			237			214			259			344			485			817			84			32	%	332			68	%	85			33	%
Less: Net income (loss) attributable to noncontrolling interests	—			—			—			—			—			—			—			—			—		—			—		—			—
Net income attributable to Ameriprise Financial	260			237			214			259			344			485			817			84			32	%	332			68	%	85			33	%
Integration charges net of tax	21			15			4			37			12			49			53			(9		)	(43	)%	4			8	%	(25		)	(68	)%
Realized (gains) losses net of tax	(9		)	(12		)	(3		)	(5		)	(1		)	(22		)	(9		)	8			89	%	13			59	%	4			80	%
Operating earnings (1)	$	272		$	240		$	215		$	291		$	355		$	512		$	861		$	83		31	%	$	349		68	%	$	64		22	%
Operating Revenues Reconciliation
Total net revenues	$	1,944		$	2,229		$	2,144		$	2,386		$	2,433		$	5,554		$	6,963		$	489		25	%	$	1,409		25	%	$	47		2	%
Realized (gains) losses	(14		)	(18		)	(5		)	(7		)	(2		)	(35		)	(14		)	12			86	%	21			60	%	5			71	%
Operating total net revenues (1)	$	1,930		$	2,211		$	2,139		$	2,379		$	2,431		$	5,519		$	6,949		$	501		26	%	$	1,430		26	%	$	52		2	%
Pretax Operating Income Reconciliation
Pretax Income	$	340		$	294		$	279		$	327		$	474		$	611		$	1,080		$	134		39	%	$	469		77	%	$	147		45	%
Integration charges	32			22			7			57			19			76			83			(13		)	(41	)%	7			9	%	(38		)	(67	)%
Realized (gains) losses	(14		)	(18		)	(5		)	(7		)	(2		)	(35		)	(14		)	12			86	%	21			60	%	5			71	%
Pretax operating earnings (1)	$	358		$	298		$	281		$	377		$	491		$	652		$	1,149		$	133		37	%	$	497		76	%	$	114		30	%
Effective tax rate	23.5		%	19.4		%	23.2		%	20.8		%	27.6		%	20.6		%	24.4		%	4.1		%			3.8		%			6.8		%
Operating Earnings Per Share
Basic operating earnings per share (1)	$	1.05		$	0.93		$	0.83		$	1.11		$	1.39		$	2.16		$	3.32		$	0.34		32	%	$	1.16		54	%	$	0.28		25	%
Operating earnings per diluted share (1)	$	1.04		$	0.91		$	0.81		$	1.10		$	1.37		$	2.15		$	3.27		$	0.33		32	%	$	1.12		52	%	$	0.27		25	%
Operating Metrics
Operating total net revenue growth: Target 6 - 8% (1)	(1.4		)%	24.7		%	24.9		%	26.8		%	26.0		%	(7.6		)%	25.9		%
Operating return on equity excluding CIEs and AOCI: Target 12 - 15% (4)	5.3		%	9.2		%	9.7		%	11.4		%	12.0		%	5.3		%	12.0		%
Operating earnings per diluted share growth: Target 12 -15% (1)	70.5		%	NM			35.0		%	134.0		%	31.7		%	(15.0		)%	52.1		%
Pretax operating margin (1)	18.5		%	13.5		%	13.1		%	15.8		%	20.2		%	11.8		%	16.5		%	1.7		%			4.7		%			4.4		%
Operating margin (1)	14.1		%	10.9		%	10.1		%	12.2		%	14.6		%	9.3		%	12.4		%	0.5		%			3.1		%			2.4		%
Ameriprise Financial shareholders’ equity	$	9,045		$	9,269		$	9,622		$	9,902		$	10,389		$	9,045		$	10,389		$	1,344		15	%	$	1,344		15	%	$	487		5	%
Ameriprise Financial shareholders’ equity excluding CIEs and AOCI (1)	$	8,766		$	9,004		$	9,229		$	9,271		$	9,463		$	8,766		$	9,463		$	697		8	%	$	697		8	%	$	192		2	%
Ameriprise Financial shareholders’ equity excluding CIEs and AOCI / outstanding shares (3)	$	33.87		$	34.78		$	35.17		$	36.07		$	37.30		$	33.87		$	37.30		$	3.43		10	%	$	3.43		10	%	$	1.23		3	%
Ameriprise Financial shareholders’ equity excluding CIEs and AOCI - 5 point avg.	$	7,944		$	8,208		$	8,601		$	8,952		$	9,147		$	7,944		$	9,147		$	1,203		15	%	$	1,203		15	%	$	195		2	%

(1) See non-GAAP financial information on pg 37.

(2) Calculated using the statutory tax rate of 35%.

(3) Calculated as Ameriprise Financial shareholders’ equity excluding CIEs and AOCI divided by common shares outstanding plus common stock equivalents outstanding at period end.

(4) Calculated using operating earnings for the last twelve months in the numerator and the average Ameriprise Financial shareholders’ equity excluding CIEs and AOCI as of the last day of the trailing four quarters and current quarter in the denominator.

# Variance of 100% or greater.

NM Not Meaningful

7

Statistical Supplement Package

(unaudited)

Third Quarter 2010

Summary & Highlights

8

Ameriprise Financial, Inc.

Highlights

Third Quarter 2010

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions, except earnings per share amounts, headcount and as otherwise noted, unaudited)	3 Qtr 2009			4 Qtr 2009			1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			2009			2010			Diff.			%		Diff.			%		Diff.			%
Operating Earnings Per Share
Basic operating earnings per share(1)	$	1.05		$	0.93		$	0.83		$	1.11		$	1.39		$	2.16		$	3.32		$	0.34		32	%	$	1.16		54	%	$	0.28		25	%
Operating earnings per diluted share(1)	$	1.04		$	0.91		$	0.81		$	1.10		$	1.37		$	2.15		$	3.27		$	0.33		32	%	$	1.12		52	%	$	0.27		25	%
Operating earnings per diluted share growth: Target 12 - 15%(1)	70.5		%	NM			35.0		%	134.0		%	31.7		%	(15.0		)%	52.1		%	(38.8		)%			67.1		%			(102.3		)%
Operating Metrics
Operating total net revenue growth: Target 6 - 8%(1)	(1.4		)%	24.7		%	24.9		%	26.8		%	26.0		%	(7.6		)%	25.9		%	27.4		%			33.5		%			(0.8		)%
Operating return on equity excluding CIEs and AOCI: Target 12 - 15%(2)	5.3		%	9.2		%	9.7		%	11.4		%	12.0		%	5.3		%	12.0		%	6.7		%			6.7		%			0.7		%
Owned, Managed, and Administered Assets (in billions)
Owned	$	36.0		$	36.9		$	37.6		$	20.2		$	22.0		$	36.0		$	22.0		$	(14.0	)	(39	)%	$	(14.0	)	(39	)%	$	1.8		9	%
Managed
External clients	247.7			256.6			254.5			398.8			430.8			247.7			430.8			183.1			74	%	183.1			74	%	32.0			8	%
Owned	67.1			68.1			70.4			86.1			91.9			67.1			91.9			24.8			37	%	24.8			37	%	5.8			7	%
Consolidated client assets	0.6			1.1			6.9			6.8			6.7			0.6			6.7			6.1				#	6.1				#	(0.1		)	(1	)%
Total managed	315.4			325.8			331.8			491.7			529.4			315.4			529.4			214.0			68	%	214.0			68	%	37.7			8	%
Administered	88.5			95.1			93.9			88.4			97.7			88.5			97.7			9.2			10	%	9.2			10	%	9.3			11	%
Total OMA assets	$	439.9		$	457.8		$	463.3		$	600.3		$	649.1		$	439.9		$	649.1		$	209.2		48	%	$	209.2		48	%	$	48.8		8	%
Business Metrics
Total client assets	$	286,590		$	294,027		$	303,839		$	290,163		$	312,581		$	286,590		$	312,581		$	25,991		9	%	$	25,991		9	%	$	22,418		8	%
Total financial advisors	12,314			12,036			11,837			11,684			11,608			12,314			11,608			(706		)	(6	)%	(706		)	(6	)%	(76		)	(1	)%
Net flows and net deposits
Advisor wrap	$	2,724		$	2,564		$	2,512		$	2,245		$	1,789		$	6,784		$	6,546		$	(935	)	(34	)%	$	(238	)	(4	)%	$	(456	)	(20	)%
Asset Management	2,324			1,385			(834		)	(5,696		)	(2,091		)	2,222			(8,621		)	(4,415		)		#	(10,843		)		#	3,605			63	%
Annuities	527			255			(68		)	9			325			3,435			266			(202		)	(38	)%	(3,169		)	(92	)%	316				#
Variable universal life / Universal life	(38		)	(34		)	(41		)	(36		)	(51		)	(101		)	(128		)	(13		)	(34	)%	(27		)	(27	)%	(15		)	(42	)%
S&P 500
Daily average	994			1,088			1,121			1,134			1,094			900			1,117			100			10	%	217			24	%	(40		)	(4	)%
Period end	1,057			1,115			1,169			1,031			1,141			1,057			1,141			84			8	%	84			8	%	110			11	%

(1)See non-GAAP financial information on pg 37.

(2)Calculated using operating earnings for the last twelve months in the numerator and the average Ameriprise Financial shareholders’ equity excluding CIEs and AOCI as of the last day of the trailing four quarters and current quarter in the denominator.

# Variance of 100% or greater.

NM Not Meaningful

9

Ameriprise Financial, Inc.

Common Share, Per Share and Capital Summary

Third Quarter 2010

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions, except earnings per share amounts)	3 Qtr 2009			4 Qtr 2009			1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			2009			2010			Diff.			%		Diff.			%		Diff.			%
Basic Shares
Common shares
Beginning balance	255.0			255.1			255.1			257.4			252.0			216.5			255.1			(3.0		)	(1	)%	38.6			18	%	(5.4		)	(2	)%
Repurchases	—			—			—			(5.7		)	(3.6		)	—			(9.3		)	(3.6		)	—		(9.3		)	—		2.1			37	%
Issuances	0.2			0.1			2.7			0.4			0.4			39.3			3.5			0.2				#	(35.8		)	(91	)%	—			—
Other	(0.1		)	(0.1		)	(0.4		)	(0.1		)	(0.1		)	(0.7		)	(0.6		)	—			—		0.1			14	%	—			—
Total common outstanding	255.1			255.1			257.4			252.0			248.7			255.1			248.7			(6.4		)	(3	)%	(6.4		)	(3	)%	(3.3		)	(1	)%
Total common outstanding	255.1			255.1			257.4			252.0			248.7			255.1			248.7			(6.4		)	(3	)%	(6.4		)	(3	)%	(3.3		)	(1	)%
Nonforfeitable restricted stock units	3.7			3.8			5.0			5.0			5.0			3.7			5.0			1.3			35	%	1.3			35	%	—			—
Total basic common shares	258.8			258.9			262.4			257.0			253.7			258.8			253.7			(5.1		)	(2	)%	(5.1		)	(2	)%	(3.3		)	(1	)%
Total potentially dilutive	2.5			4.8			4.0			3.7			5.4			2.5			5.4			2.9				#	2.9				#	1.7			46	%
Total diluted shares	261.3			263.7			266.4			260.7			259.1			261.3			259.1			(2.2		)	(1	)%	(2.2		)	(1	)%	(1.6		)	(1	)%
Weighted average common shares outstanding:
Basic	258.7			258.9			260.8			261.1			255.3			236.6			259.0			(3.4		)	(1	)%	22.4			9	%	(5.8		)	(2	)%
Diluted	260.7			263.3			265.0			265.3			259.9			238.0			263.4			(0.8		)	—		25.4			11	%	(5.4		)	(2	)%
Book Value excluding CIEs
Ameriprise Financial shareholders' equity excluding CIEs (1)	$	9,045		$	9,269		$	9,622		$	9,902		$	10,389		$	9,045		$	10,389		$	1,344		15	%	$	1,344		15	%	$	487		5	%
Ameriprise Financial shareholders' equity excluding CIEs and AOCI (1)	$	8,766		$	9,004		$	9,229		$	9,271		$	9,463		$	8,766		$	9,463		$	697		8	%	$	697		8	%	$	192		2	%
Ameriprise Financial shareholders' equity excluding CIEs and AOCI - 5 point ave.	$	7,944		$	8,208		$	8,601		$	8,952		$	9,147		$	7,944		$	9,147		$	1,203		15	%	$	1,203		15	%	$	195		2	%
Ameriprise Financial shareholders' equity excluding CIEs and AOCI / outstanding shares (2)	$	33.87		$	34.78		$	35.17		$	36.07		$	37.30		$	33.87		$	37.30		$	3.43		10	%	$	3.43		10	%	$	1.23		3	%
Capital Returned to Shareholders
Dividends paid	$	43		$	46		$	45		$	47		$	46		$	118		$	138		$	3		7	%	$	20		17	%	$	(1	)	(2	)%
Common stock share repurchases	$	—		$	—		$	—		$	220		$	153		$	—		$	373		$	153		—		$	373		—		$	(67	)	(30	)%
Debt to Capital
Debt to total capital of Ameriprise Financial	17.1		%	16.8		%	20.5		%	20.4		%	20.0		%	17.1		%	20.0		%	2.9		%			2.9		%			(0.4		)%
Debt to total capital excluding non-recourse debt and equity of CIEs (1)	17.1		%	16.7		%	21.3		%	21.3		%	20.8		%	17.1		%	20.8		%	3.7		%			3.7		%			(0.5		)%
Debt to total capital excluding non-recourse debt and equity of CIEs and 75% equity credit (1)	14.9		%	14.6		%	19.3		%	19.4		%	19.0		%	14.9		%	19.0		%	4.1		%			4.1		%			(0.4		)%
Goodwill and intangible assets	$	1,419		$	1,429		$	1,393		$	2,289		$	2,294		$	1,419		$	2,294		$	875		62	%	$	875		62	%	$	5		0	%
Net Investment Income
Investment income on fixed maturities	$	507		$	499		$	481		$	479		$	480		$	1,380		$	1,440		$	(27	)	(5	)%	$	60		4	%	$	1		0	%
Realized gains (losses)	14			18			5			7			2			35			14			(12		)	(86	)%	(21		)	(60	)%	(5		)	(71	)%
Affordable housing	(7		)	(5		)	(3		)	(5		)	(4		)	(20		)	(12		)	3			43	%	8			40	%	1			20	%
Other (including seed money)	25			22			28			18			32			71			78			7			28	%	7			10	%	14			78	%
Consolidated investment entities	(1		)	1			79			155			17			1			251			18				#	250				#	(138		)	(89	)%
Total net investment income	$	538		$	535		$	590		$	654		$	527		$	1,467		$	1,771		$	(11	)	(2	)%	$	304		21	%	$	(127	)	(19	)%
Allocated Equity (3)
Advice & Wealth Management	$	784		$	747		$	759		$	752		$	754		$	784		$	754		$	(30	)	(4	)%	$	(30	)	(4	)%	$	2		0	%
Asset Management	1,059			1,054			1,044			1,947			1,919			1,059			1,919			860			81	%	860			81	%	(28		)	(1	)%
Annuities	2,322			2,459			2,317			2,395			2,539			2,322			2,539			217			9	%	217			9	%	144			6	%
Protection	2,463			2,540			2,560			2,654			2,668			2,463			2,668			205			8	%	205			8	%	14			1	%
Corporate & Other	2,138			2,204			2,549			1,523			1,583			2,138			1,583			(555		)	(26	)%	(555		)	(26	)%	60			4	%
Total allocated equity	$	8,766		$	9,004		$	9,229		$	9,271		$	9,463		$	8,766		$	9,463		$	697		8	%	$	697		8	%	$	192		2	%

(1)	See non-GAAP financial information on pg 37.
(2)	Calculated as Ameriprise Financial shareholders' equity excluding CIEs and AOCI divided by common shares outstanding plus common stock equivalents outstanding at period end.
(3)	Allocated equity equals Ameriprise Financial equity excluding consolidated investment entities less AOCI.

# Variance of 100% or greater.

10

Ameriprise Financial, Inc.

Segment Summary

Third Quarter 2010

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2009			4 Qtr 2009			1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			2009			2010			Diff.			%		Diff.			%		Diff.			%
Segment Summary
Advice & Wealth management
Net Revenues	$	832		$	873		$	879		$	969		$	946		$	2,343		$	2,794		$	114		14	%	$	451		19	%	$	(23	)	(2	)%
Expenses	820			855			828			884			859			2,395			2,571			39			5	%	176			7	%	(25		)	(3	)%
Pretax segment income (loss)	12			18			51			85			87			(52		)	223			75				#	275				#	2			2	%
Integration charges (1)	21			15			2			4			1			49			7			(20		)	(95	)%	(42		)	(86	)%	(3		)	(75	)%
Realized (gains) losses	(5		)	2			1			(1		)	—			13			—			5				#	(13		)		#	1				#
Pretax operating earnings (2)	$	28		$	35		$	54		$	88		$	88		$	10		$	230		$	60			#	$	220			#	$	—		—
Allocated Equity	784			747			759			752			754			784			754			(30		)	(4	)%	(30		)	(4	)%	2			—
Pretax segment margin	1.4		%	2.1		%	5.8		%	8.8		%	9.2		%	(2.2		)%	8.0		%	7.8		%			10.2		%			0.4		%
Pretax operating margin (2)	3.4		%	4.0		%	6.1		%	9.1		%	9.3		%	0.4		%	8.2		%	5.9		%			7.8		%			0.2		%
Return on allocated equity (3)	(17.9		)%	(4.0		)%	7.7		%	16.8		%	24.2		%	(17.9		)%	24.2		%	42.1		%			42.1		%			7.4		%
Operating return on allocated equity (3)	2.3		%	2.4		%	12.6		%	20.1		%	26.3		%	2.3		%	26.3		%	24.0		%			24.0		%			6.2		%
Asset Management
Net Revenues	$	328		$	465		$	370		$	562		$	662		$	881		$	1,594		$	334			#	$	713		81	%	$	100		18	%
Expenses	318			395			352			506			558			891			1,416			240			75	%	525			59	%	52			10	%
Pretax segment income (loss)	10			70			18			56			104			(10		)	178			94				#	188				#	48			86	%
Integration charges (4)	7			7			5			48			18			23			71			11				#	48				#	(30		)	(63	)%
Realized (gains) losses	—			—			(1		)	—			(1		)	3			(2		)	(1		)	—		(5		)		#	(1		)	—
Pretax operating earnings (2)	$	17		$	77		$	22		$	104		$	121		$	16		$	247		$	104			#	$	231			#	$	17		16	%
Allocated Equity	1,059			1,054			1,044			1,947			1,919			1,059			1,919			860			81	%	860			81	%	(28		)	(1	)%
Pretax segment margin	3.0		%	15.1		%	4.9		%	10.0		%	15.7		%	(1.1		)%	11.2		%	12.7		%			12.3		%			5.7		%
Pretax operating margin (2)	5.2		%	16.6		%	6.0		%	18.5		%	18.3		%	1.8		%	15.5		%	13.1		%			13.7		%			(0.2		)%
Return on allocated equity (3)	(0.7		)%	4.4		%	6.5		%	9.9		%	13.5		%	(0.7		)%	13.5		%	14.2		%			14.2		%			3.6		%
Operating return on allocated equity (3)	1.2		%	6.4		%	8.2		%	13.4		%	17.0		%	1.2		%	17.0		%	15.8		%			15.8		%			3.6		%

(1)	Integration charges incurred for acquisition of HRBFA.
(2)	See non-GAAP financial information on pg 37.
(3)	Calculated using net income or operating earnings subject to the effective tax rate excluding CIEs for the last twelve months in the numerator and the average allocated equity as of the last day of the trailing four quarters and current quarter in the denominator. Beginning 3rd quarter of 2010, Return on allocated equity and Operating return on allocated equity were calculated using the effective tax rate.  Prior quarters have been restated.
(4)	Integration charges incurred for acquisitions of J. & W. Seligman and Columbia.

# Variance of 100% or greater.

11

Ameriprise Financial, Inc.

Segment Summary

Third Quarter 2010

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2009			4 Qtr 2009			1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			2009			2010			Diff.			%		Diff.			%		Diff.			%
Annuities
Net Revenues	$	591		$	620		$	602		$	630		$	626		$	1,645		$	1,858		$	35		6	%	$	213		13	%	$	(4	)	(1	)%
Expenses	323			463			482			497			362			1,154			1,341			39			12	%	187			16	%	(135		)	(27	)%
Pretax segment income	268			157			120			133			264			491			517			(4		)	(1	)%	26			5	%	131			98	%
Realized (gains) losses	—			(16		)	(3		)	(4		)	1			(28		)	(6		)	1			—		22			79	%	5				#
Pretax operating earnings (2)	$	268		$	141		$	117		$	129		$	265		$	463		$	511		$	(3	)	(1	)%	$	48		10	%	$	136			#
Allocated Equity	2,322			2,459			2,317			2,395			2,539			2,322			2,539			217			9	%	217			9	%	144			6	%
Pretax segment margin	45.3		%	25.3		%	19.9		%	21.1		%	42.2		%	29.8		%	27.8		%	(3.1		)%			(2.0		)%			21.1		%
Pretax operating margin (2)	45.3		%	23.3		%	19.5		%	20.6		%	42.3		%	28.6		%	27.6		%	(3.0		)%			(1.0		)%			21.7		%
Return on allocated equity (3)	7.3		%	20.9		%	20.7		%	22.8		%	21.4		%	7.3		%	21.4		%	14.1		%			14.1		%			(1.4		)%
Operating return on allocated equity (3)	11.0		%	19.7		%	20.0		%	22.2		%	20.8		%	11.0		%	20.8		%	9.8		%			9.8		%			(1.4		)%
Protection
Net Revenues	$	450		$	528		$	507		$	521		$	502		$	1,443		$	1,530		$	52		12	%	$	87		6	%	$	(19	)	(4	)%
Expenses	305			399			388			386			437			1,076			1,211			132			43	%	135			13	%	51			13	%
Pretax segment income	145			129			119			135			65			367			319			(80		)	(55	)%	(48		)	(13	)%	(70		)	(52	)%
Realized (gains) losses	(7		)	(13		)	(1		)	(1		)	—			(14		)	(2		)	7				#	12			86	%	1				#
Pretax operating earnings (2)	$	138		$	116		$	118		$	134		$	65		$	353		$	317		$	(73	)	(53	)%	$	(36	)	(10	)%	$	(69	)	(51	)%
Allocated Equity	2,463			2,540			2,560			2,654			2,668			2,463			2,668			205			8	%	205			8	%	14			1	%
Pretax segment margin	32.2		%	24.4		%	23.5		%	25.9		%	12.9		%	25.4		%	20.8		%	(19.3		)%			(4.6		)%			(13.0		)%
Pretax operating margin (2)	31.2		%	22.5		%	23.3		%	25.8		%	12.9		%	24.7		%	20.7		%	(18.3		)%			(4.0		)%			(12.9		)%
Return on allocated equity (3)	12.9		%	16.3		%	15.8		%	16.3		%	13.6		%	12.9		%	13.6		%	0.7		%			0.7		%			(2.7		)%
Operating return on allocated equity (3)	13.7		%	15.6		%	15.2		%	15.7		%	13.2		%	13.7		%	13.2		%	(0.5		)%			(0.5		)%			(2.5		)%
Corporate & Other excluding CIEs
Net Revenues	$	(11	)	$	(11	)	$	21		$	(13	)	$	6		$	13		$	14		$	17			#	$	1		8	%	$	19			#
Expenses	84			69			50			69			52			198			171			(32		)	(38	)%	(27		)	(14	)%	(17		)	(25	)%
Pretax segment (loss)	(95		)	(80		)	(29		)	(82		)	(46		)	(185		)	(157		)	49			52	%	28			15	%	36			44	%
Integration charges (1)	4			—			—			5			—			4			5			(4		)		#	1			25	%	(5		)		#
Realized (gains) losses	(2		)	9			(1		)	(1		)	(2		)	(9		)	(4		)	—			—		5			56	%	(1		)		#
Pretax operating (loss) (2)	$	(93	)	$	(71	)	$	(30	)	$	(78	)	$	(48	)	$	(190	)	$	(156	)	$	45		48	%	$	34		18	%	$	30		38	%
Allocated Equity	2,138			2,204			2,549			1,523			1,583			2,138			1,583			(555		)	(26	)%	(555		)	(26	)%	60			4	%

(1)Integration charges incurred for acquisition of Columbia.

(2)See non-GAAP financial information on pg 37.

(3)Calculated using net income or operating earnings subject to the effective tax rate excluding CIEs for the last twelve months in the numerator and the average allocated equity as of the last day of the trailing four quarters and current quarter in the denominator. Beginning 3rd quarter of 2010, Return on allocated equity and Operating return on allocated equity were calculated using the effective tax rate.  Prior quarters have been restated.

# Variance of 100% or greater.

12

Statistical Supplement Package

(unaudited)

Third Quarter 2010

Advice & Wealth Management Segment

13

Ameriprise Financial, Inc.

Advice & Wealth Management Segment

Third Quarter 2010

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions, except headcount and where noted, unaudited)	3 Qtr 2009			4 Qtr 2009			1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			2009			2010			Diff.			%		Diff.			%		Diff.			%
Revenues
Management and financial advice fees	$	319		$	352		$	368		$	382		$	377		$	882		$	1,127		$	58		18	%	$	245		28	%	$	(5	)	(1	)%
Distribution fees	432			447			436			511			495			1,286			1,442			63			15	%	156			12	%	(16		)	(3	)%
Net investment income	91			73			74			70			68			224			212			(23		)	(25	)%	(12		)	(5	)%	(2		)	(3	)%
Premiums	—			—			—			—			—			—			—			—			—		—			—		—			—
Other revenues	19			26			22			23			21			59			66			2			11	%	7			12	%	(2		)	(9	)%
Total revenues	861			898			900			986			961			2,451			2,847			100			12	%	396			16	%	(25		)	(3	)%
Banking and deposit interest expense	29			25			21			17			15			108			53			(14		)	(48	)%	(55		)	(51	)%	(2		)	(12	)%
Total net revenues	832			873			879			969			946			2,343			2,794			114			14	%	451			19	%	(23		)	(2	)%
Expenses
Distribution expenses	504			524			536			588			570			1,444			1,694			66			13	%	250			17	%	(18		)	(3	)%
Interest credited to fixed accounts	—			—			—			—			—			—			—			—			—		—			—		—			—
Benefits, claims, losses and settlement expenses	—			—			—			—			—			—			—			—			—		—			—		—			—
Amortization of deferred acquisition costs	—			—			—			—			—			—			—			—			—		—			—		—			—
Interest and debt expense	—			—			—			—			—			—			—			—			—		—			—		—			—
General and administrative expense	316			331			292			296			289			951			877			(27		)	(9	)%	(74		)	(8	)%	(7		)	(2	)%
Total expenses	820			855			828			884			859			2,395			2,571			39			5	%	176			7	%	(25		)	(3	)%
Pretax segment income (loss)	12			18			51			85			87			(52		)	223			75				#	275				#	2			2	%
Integration charges included in general and admin expense (1)	21			15			2			4			1			49			7			(20		)	(95	)%	(42		)	(86	)%	(3		)	(75	)%
Realized (gains) losses included in net investment income	(5		)	2			1			(1		)	—			13			—			5				#	(13		)		#	1				#
Pretax operating earnings (2)	$	28		$	35		$	54		$	88		$	88		$	10		$	230		$	60			#	$	220			#	$	—		0	%
Margins
Pretax segment margin	1.4		%	2.1		%	5.8		%	8.8		%	9.2		%	(2.2		)%	8.0		%	7.8		%			10.2		%			0.4		%
Pretax operating margin (2)	3.4		%	4.0		%	6.1		%	9.1		%	9.3		%	0.4		%	8.2		%	5.9		%			7.8		%			0.2		%
Return on Equity
Allocated equity	$	784		$	747		$	759		$	752		$	754		$	784		$	754		$	(30	)	(4	)%	$	(30	)	(4	)%	$	2		—
Return on allocated equity (3)	(17.9		)%	(4.0		)%	7.7		%	16.8		%	24.2		%	(17.9		)%	24.2		%	42.1		%			42.1		%			7.4		%
Operating return on allocated equity (3)	2.3		%	2.4		%	12.6		%	20.1		%	26.3		%	2.3		%	26.3		%	24.0		%			24.0		%			6.2		%
Net Investment Income
Investment income on fixed maturities	$	76		$	68		$	59		$	54		$	51		$	209		$	164		$	(25	)	(33	)%	$	(45	)	(22	)%	$	(3	)	(6	)%
Realized gains (losses)	5			(2		)	(1		)	1			—			(13		)	—			(5		)		#	13				#	(1		)		#
Other (including seed money)	10			7			16			15			17			28			48			7			70	%	20			71	%	2			13	%
Total net investment income	$	91		$	73		$	74		$	70		$	68		$	224		$	212		$	(23	)	(25	)%	$	(12	)	(5	)%	$	(2	)	(3	)%
On-balance sheet deposits	$	8,980		$	8,489		$	8,501		$	8,263		$	8,257		$	8,980		$	8,257		$	(723	)	(8	)%	$	(723	)	(8	)%	$	(6	)	—

(1)   Integration charges incurred for acquisition of HRBFA.

(2)   See non-GAAP financial information on pg 37.

(3)   Calculated using net income or operating earnings subject to the effective tax rate excluding CIEs for the last twelve months in the numerator and the average allocated equity as of the last day of the trailing four quarters and current quarter in the denominator. Beginning 3rd quarter of 2010, Return on allocated equity and Operating return on allocated equity were calculated using the effective tax rate. Prior quarters have been restated.

# Variance of 100% or greater.

14

Ameriprise Financial, Inc.

Advice & Wealth Management Segment

Third Quarter 2010

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions, except headcount and where noted, unaudited)	3 Qtr 2009			4 Qtr 2009			1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			2009			2010			Diff.			%		Diff.			%		Diff.			%
Product Information
Certificates and Banking - Combined
Pretax operating earnings	$	32		$	29		$	25		$	24		$	23		$	60		$	72		$	(9	)	(28	)%	$	12		20	%	$	(1	)	(4	)%
Allocated equity	$	481		$	443		$	456		$	445		$	451		$	481		$	451		$	(30	)	(6	)%	$	(30	)	(6	)%	$	6		1	%
Operating return on allocated equity (2)	12.6		%	14.0		%	18.1		%	18.4		%	17.1		%	12.6		%	17.1		%	4.5		%			4.5		%			(1.3		)%
Wealth Management & Distribution
Pretax operating earnings (loss)	$	(4	)	$	6		$	29		$	64		$	65		$	(50	)	$	158		$	69			#	$	208			#	$	1		2	%
Allocated equity	$	303		$	304		$	303		$	307		$	303		$	303		$	303		$	—		—		$	—		—		$	(4	)	(1	)%
Operating return on allocated equity (2)	(9.9		)%	(13.9		)%	3.9		%	22.7		%	40.0		%	(9.9		)%	40.0		%	49.9		%			49.9		%			17.3		%
Financial Plans
Branded financial plan net cash sales	$	47		$	58		$	52		$	51		$	48		$	146		$	151		$	1		2	%	$	5		3	%	$	(3	)	(6	)%
Financial Advisors
Employee advisors	2,606			2,445			2,302			2,196			2,183			2,606			2,183			(423		)	(16	)%	(423		)	(16	)%	(13		)	(1	)%
Franchisee advisors	7,725			7,658			7,629			7,590			7,540			7,725			7,540			(185		)	(2	)%	(185		)	(2	)%	(50		)	(1	)%
Total branded financial advisors	10,331			10,103			9,931			9,786			9,723			10,331			9,723			(608		)	(6	)%	(608		)	(6	)%	(63		)	(1	)%
SAI independent advisors	1,983			1,933			1,906			1,898			1,885			1,983			1,885			(98		)	(5	)%	(98		)	(5	)%	(13		)	(1	)%
Total financial advisors	12,314			12,036			11,837			11,684			11,608			12,314			11,608			(706		)	(6	)%	(706		)	(6	)%	(76		)	(1	)%
Operating total net revenue (1) per financial advisor (in thousands) (3)	$	67		$	73		$	74		$	83		$	81		$	189		$	238		$	14		21	%	$	49		26	%	$	(2	)	(2	)%
Advisor Retention
Employee	73.7		%	73.7		%	72.9		%	74.4		%	77.8		%	73.7		%	77.8		%	4.1		%			4.1		%			3.4		%
Franchisee	91.0		%	91.4		%	91.7		%	92.4		%	93.0		%	91.0		%	93.0		%	2.0		%			2.0		%			0.6		%
Total Client Assets (at period end)	$	286,590		$	294,027		$	303,839		$	290,163		$	312,581		$	286,590		$	312,581		$	25,991		9	%	$	25,991		9	%	$	22,418		8	%
Total Wrap Accounts
Beginning assets	$	78,960		$	89,553		$	94,921		$	99,985		$	96,865		$	72,781		$	94,921		$	17,905		23	%	$	22,140		30	%	$	(3,120	)	(3	)%
Net flows	2,724			2,564			2,512			2,245			1,789			6,784			6,546			(935		)	(34	)%	(238		)	(4	)%	(456		)	(20	)%
Market appreciation (depreciation) and other	7,869			2,804			2,552			(5,365		)	6,608			9,988			3,795			(1,261		)	(16	)%	(6,193		)	(62	)%	11,973				#
Total wrap ending assets	$	89,553		$	94,921		$	99,985		$	96,865		$	105,262		$	89,553		$	105,262		$	15,709		18	%	$	15,709		18	%	$	8,397		9	%

(1)    See non-GAAP financial information on pg 37.

(2)    Calculated using operating earnings subject to the effective tax rate excluding CIEs for the last twelve months in the numerator and the average allocated equity as of the last day of the trailing four quarters and current quarter in the denominator. Beginning 3rd quarter of 2010, Operating return on allocated equity was calculated using the effective tax rate.  Prior quarters have been restated.

(3)    Year-to-date is sum of current and prior quarters for the year under review.

# Variance of 100% or greater.

15

Statistical Supplement Package

(unaudited)

Third Quarter 2010

Asset Management Segment

16

Ameriprise Financial, Inc.

Asset Management Segment

Third Quarter 2010

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2009			4 Qtr 2009			1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			2009			2010			Diff.			%		Diff.			%		Diff.			%
Revenues
Management and financial advice fees	$	270		$	396		$	307		$	471		$	551		$	710		$	1,329		$	281		#		$	619		87	%	$	80		17	%
Distribution fees	55			60			58			88			103			156			249			48			87	%	93			60	%	15			17	%
Net investment income	5			8			4			—			6			10			10			1			20	%	—			—		6			—
Premiums	—			—			—			—			—			—			—			—			—		—			—		—			—
Other revenues	(1		)	1			1			4			2			7			7			3			#		—			—		(2		)	(50	)%
Total revenues	329			465			370			563			662			883			1,595			333			#		712			81	%	99			18	%
Banking and deposit interest expense	1			—			—			1			—			2			1			(1		)	#		(1		)	(50	)%	(1		)	#
Total net revenues	328			465			370			562			662			881			1,594			334			#		713			81	%	100			18	%
Expenses
Distribution expenses	97			107			106			186			215			264			507			118			#		243			92	%	29			16	%
Interest credited to fixed accounts	—			—			—			—			—			—			—			—			—		—			—		—			—
Benefits, claims, losses and settlement expenses	—			—			—			—			—			—			—			—			—		—			—		—			—
Amortization of deferred acquisition costs	5			4			6			5			5			17			16			—			—		(1		)	(6	)%	—			—
Interest and debt expense	—			—			—			—			—			—			—			—			—		—			—		—			—
General and administrative expense	216			284			240			315			338			610			893			122			56	%	283			46	%	23			7	%
Total expenses	318			395			352			506			558			891			1,416			240			75	%	525			59	%	52			10	%
Pretax segment income (loss)	10			70			18			56			104			(10		)	178			94			#		188			#		48			86	%
Integration charges included in general and admin expense (1)	7			7			5			48			18			23			71			11			#		48			#		(30		)	(63	)%
Realized (gains) losses included in net investment income	—			—			(1		)	—			(1		)	3			(2		)	(1		)	—		(5		)	#		(1		)	—
Pretax operating earnings (2)	$	17		$	77		$	22		$	104		$	121		$	16		$	247		$	104		#		$	231		#		$	17		16	%
Margins
Pretax segment margin	3.0		%	15.1		%	4.9		%	10.0		%	15.7		%	(1.1		)%	11.2		%	12.7		%			12.3		%			5.7		%
Pretax operating margin (2)	5.2		%	16.6		%	6.0		%	18.5		%	18.3		%	1.8		%	15.5		%	13.1		%			13.7		%			(0.2		)%
Return on Equity
Allocated equity	$	1,059		$	1,054		$	1,044		$	1,947		$	1,919		$	1,059		$	1,919		$	860		81	%	$	860		81	%	$	(28	)	(1	)%
Return on allocated equity (3)	(0.7		)%	4.4		%	6.5		%	9.9		%	13.5		%	(0.7		)%	13.5		%	14.2		%			14.2		%			3.6		%
Operating return on allocated equity (3)	1.2		%	6.4		%	8.2		%	13.4		%	17.0		%	1.2		%	17.0		%	15.8		%			15.8		%			3.6		%
Net Investment Income
Investment income on fixed maturities	$	—		$	1		$	—		$	1		$	—		$	1		$	1		$	—		—		$	—		—		$	(1	)	#
Realized gains (losses)	—			—			1			—			1			(3		)	2			1			—		5			#		1			—
Other (including seed money)	5			7			3			(1		)	5			12			7			—			—		(5		)	(42	)%	6			#
Total net investment income	$	5		$	8		$	4		$	—		$	6		$	10		$	10		$	1		20	%	$	—		—		$	6		—

(1)Integration charges incurred for acquisitions of J. & W. Seligman and Columbia.

(2)See non-GAAP financial information on pg 37.

(3)Calculated using net income or operating earnings subject to the effective tax rate excluding CIEs for the last twelve months in the numerator and the average allocated equity as of the last day of the trailing four quarters and current quarter in the denominator. Beginning 3rd quarter of 2010, Return on allocated equity and Operating return on allocated equity were calculated using the effective tax rate. Prior quarters have been restated.

# Variance of 100% or greater.

17

Ameriprise Financial, Inc.

Asset Management Segment

Third Quarter 2010

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2009			4 Qtr 2009			1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			2009			2010			Diff.			%		Diff.			%		Diff.			%
Total Managed Asset net flows	$	2,324		$	1,385		$	(834	)	$	(5,696	)	$	(2,091	)	$	2,222		$	(8,621	)	$	(4,415	)		#	$	(10,843	)		#	$	3,605		63	%
Total Managed Assets Reconciliations
Columbia managed assets	$	145,790		$	149,004		$	152,624		$	327,406		$	347,050		$	145,790		$	347,050		$	201,260			#	$	201,260			#	$	19,644		6	%
Threadneedle managed assets	93,682			97,823			97,135			89,319			101,851			93,682			101,851			8,169			9	%	8,169			9	%	12,532			14	%
Less: Sub-advised eliminations	(3,494		)	(3,647		)	(3,752		)	(3,398		)	(4,030		)	(3,494		)	(4,030		)	(536		)	(15	)%	(536		)	(15	)%	(632		)	(19	)%
Total managed assets	$	235,978		$	243,180		$	246,007		$	413,327		$	444,871		$	235,978		$	444,871		$	208,893		89	%	$	208,893		89	%	$	31,544		8	%
Managed assets - external clients	$	168,183		$	173,902		$	168,673		$	320,472		$	346,187		$	168,183		$	346,187		$	178,004			#	$	178,004			#	$	25,715		8	%
Managed assets - consolidated client assets	648			1,099			6,916			6,784			6,740			648			6,740			6,092				#	6,092				#	(44		)	(1	)%
Managed assets - owned	67,147			68,179			70,418			86,071			91,944			67,147			91,944			24,797			37	%	24,797			37	%	5,873			7	%
Total managed assets	$	235,978		$	243,180		$	246,007		$	413,327		$	444,871		$	235,978		$	444,871		$	208,893		89	%	$	208,893		89	%	$	31,544		8	%
Total Managed Assets by Type
Equity	$	94,539		$	98,712		$	99,752		$	189,734		$	215,095		$	94,539		$	215,095		$	120,556			#	$	120,556			#	$	25,361		13	%
Fixed income	110,991			113,752			115,922			192,988			198,786			110,991			198,786			87,795			79	%	87,795			79	%	5,798			3	%
Money market	9,053			7,986			7,231			7,159			6,734			9,053			6,734			(2,319		)	(26	)%	(2,319		)	(26	)%	(425		)	(6	)%
Alternative	11,662			11,590			11,808			11,516			11,505			11,662			11,505			(157		)	(1	)%	(157		)	(1	)%	(11		)	—
Hybrid and other	9,733			11,140			11,294			11,930			12,751			9,733			12,751			3,018			31	%	3,018			31	%	821			7	%
Total managed assets by type	$	235,978		$	243,180		$	246,007		$	413,327		$	444,871		$	235,978		$	444,871		$	208,893		89	%	$	208,893		89	%	$	31,544		8	%

# Variance of 100% or greater.

18

Ameriprise Financial, Inc.

Asset Management Segment - Columbia

Third Quarter 2010

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2009			4 Qtr 2009			1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			2009			2010			Diff.			%		Diff.			%		Diff.			%
Columbia Managed Assets Rollforward
Retail Funds(1)
Beginning assets	$	66,010		$	74,592		$	76,860		$	78,631		$	189,418		$	63,970		$	76,860		$	123,408			#	$	12,890		20	%	$	110,787			#
Net flows mutual funds and other retail funds	(753		)	(866		)	(1,127		)	(2,342		)	(3,241		)	(3,318		)	(6,710		)	(2,488		)		#	(3,392		)		#	(899		)	(38	)%
Net flows VP & VIT funds	1,052			301			31			108			723			1,498			862			(329		)	(31	)%	(636		)	(42	)%	615				#
Net flows	299			(565		)	(1,096		)	(2,234		)	(2,518		)	(1,820		)	(5,848		)	(2,817		)		#	(4,028		)		#	(284		)	(13	)%
Market appreciation (depreciation) and other (2)	8,283			2,833			2,867			113,021			18,330			12,442			134,218			10,047				#	121,776				#	(94,691		)	(84	)%
Total ending assets	74,592			76,860			78,631			189,418			205,230			74,592			205,230			130,638				#	130,638				#	15,812			8	%
% of total retail asset sub-advised	7.2		%	7.0		%	7.1		%	18.2		%	18.6		%	7.2		%	18.6		%	11.4		%			11.4		%			0.4		%
Institutional(1)
Beginning assets	59,850			61,672			62,496			64,083			128,176			54,775			62,496			68,326				#	7,721			14	%	64,093				#
Net flows	(773		)	1,020			47			(2,504		)	(637		)	1,671			(3,094		)	136			18	%	(4,765		)		#	1,867			75	%
Market appreciation (depreciation) and other (3)(4)	2,595			(196		)	1,540			66,597			4,283			5,226			72,420			1,688			65	%	67,194				#	(62,314		)	(94	)%
Total ending assets	61,672			62,496			64,083			128,176			131,822			61,672			131,822			70,150				#	70,150				#	3,646			3	%
Alternative
Beginning assets	9,131			9,666			9,791			10,063			9,957			9,378			9,791			826			9	%	413			4	%	(106		)	(1	)%
Net flows	322			66			193			132			(5		)	(253		)	320			(327		)		#	573				#	(137		)		#
Market appreciation (depreciation) and other	213			59			79			(238		)	170			541			11			(43		)	(20	)%	(530		)	(98	)%	408				#
Total ending assets	9,666			9,791			10,063			9,957			10,122			9,666			10,122			456			5	%	456			5	%	165			2	%
Other and Eliminations	(140		)	(143		)	(153		)	(145		)	(124		)	(140		)	(124		)	16			11	%	16			11	%	21			14	%
Total Columbia managed assets	$	145,790		$	149,004		$	152,624		$	327,406		$	347,050		$	145,790		$	347,050		$	201,260			#	$	201,260			#	$	19,644		6	%
Total Columbia net flows	$	(152	)	$	521		$	(856	)	$	(4,606	)	$	(3,160	)	$	(402	)	$	(8,622	)	$	(3,008	)		#	$	(8,220	)		#	$	1,446		31	%

(1)2nd Quarter of 2010 was restated to reflect transfer of private placements from Retail Funds to Institutional Funds.

(2)Included in Market appreciation (depreciation) and other, for Retail funds in the 2nd quarter of 2010, are $118.1B due to the acquisition of Columbia Management, including $3 billion of assets that were transferred to RiverSource Sub-advised through the implementation of Enhanced Portfolio Navigator, and an additional $13.1B of EPN related assets sub-advised by others.

(3)Included in Market appreciation (depreciation) and other, for Institutional funds in the 2nd quarter of 2010, are $68.4B due to the acquisition of Columbia Management.

(4)Included in Market appreciation (depreciation) and other for Institutional funds for all periods shown are changes in assets related to corporate capital decisions including share repurchases, debt repurchases, equity issuance, debt issuance and acquisitions.

# Variance of 100% or greater.

19

Ameriprise Financial, Inc.

Asset Management Segment - Threadneedle

Third Quarter 2010

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2009			4 Qtr 2009			1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			2009			2010			Diff.			%		Diff.			%		Diff.			%
Threadneedle Managed Assets Rollforward
Retail Funds
Beginning assets	$	22,107		$	26,565		$	29,090		$	30,393		$	27,291		$	16,361		$	29,090		$	5,184		23	%	$	12,729		78	%	$	(3,102	)	(10	)%
Net flows	1,447			1,483			1,344			(488		)	(358		)	3,313			498			(1,805		)		#	(2,815		)	(85	)%	130			27	%
Market appreciation (depreciation)	3,673			707			1,665			(2,172		)	2,232			3,164			1,725			(1,441		)	(39	)%	(1,439		)	(45	)%	4,404				#
Foreign currency translation (1)	(745		)	297			(1,769		)	(540		)	1,402			1,442			(907		)	2,147				#	(2,349		)		#	1,942				#
Other	83			38			63			98			106			2,285			267			23			28	%	(2,018		)	(88	)%	8			8	%
Total ending assets	26,565			29,090			30,393			27,291			30,673			26,565			30,673			4,108			15	%	4,108			15	%	3,382			12	%
Institutional
Beginning assets	58,347			65,120			66,934			64,997			60,469			55,342			66,934			2,122			4	%	11,592			21	%	(4,528		)	(7	)%
Net flows	943			(384		)	(1,300		)	(692		)	1,610			(1,009		)	(382		)	667			71	%	627			62	%	2,302				#
Market appreciation (depreciation)	7,224			930			3,014			(3,317		)	4,176			4,712			3,873			(3,048		)	(42	)%	(839		)	(18	)%	7,493				#
Foreign currency translation (1)	(1,873		)	784			(4,036		)	(1,062		)	3,127			4,612			(1,971		)	5,000				#	(6,583		)		#	4,189				#
Other	479			484			385			543			413			1,463			1,341			(66		)	(14	)%	(122		)	(8	)%	(130		)	(24	)%
Total ending assets	65,120			66,934			64,997			60,469			69,795			65,120			69,795			4,675			7	%	4,675			7	%	9,326			15	%
Alternative
Beginning assets	2,036			1,997			1,799			1,745			1,559			2,544			1,799			(477		)	(23	)%	(745		)	(29	)%	(186		)	(11	)%
Net flows	86			(235		)	(22		)	90			(183		)	320			(115		)	(269		)		#	(435		)		#	(273		)		#
Market appreciation (depreciation)	(66		)	4			65			(260		)	(85		)	(1,061		)	(280		)	(19		)	(29	)%	781			74	%	175			67	%
Foreign currency translation (1)	(59		)	29			(108		)	(30		)	77			194			(61		)	136				#	(255		)		#	107				#
Other	—			4			11			14			15			—			40			15			—		40			—		1			7	%
Total ending assets	1,997			1,799			1,745			1,559			1,383			1,997			1,383			(614		)	(31	)%	(614		)	(31	)%	(176		)	(11	)%
Total Threadneedle managed assets	$	93,682		$	97,823		$	97,135		$	89,319		$	101,851		$	93,682		$	101,851		$	8,169		9	%	$	8,169		9	%	$	12,532		14	%
Total Threadneedle net flows	$	2,476		$	864		$	22		$	(1,090	)	$	1,069		$	2,624		$	1		$	(1,407	)	(57	)%	$	(2,623	)	(100	)%	$	2,159			#

(1) Amounts represent British Pound to US dollar conversion.

# Variance of 100% or greater.

20

Ameriprise Financial, Inc.

Asset Management Segment

Third Quarter 2010

	3 Qtr 2009		4 Qtr 2009		1 Qtr 2010		2 Qtr 2010		3 Qtr 2010
Mutual Fund Performance
Columbia
Equal Weighted Mutual Fund Rankings in top 2 Lipper Quartiles
Equity - 12 month	49	%	51	%	58	%	49	%	55	%
Fixed income - 12 month	58	%	65	%	50	%	52	%	67	%
Equity - 3 year	41	%	42	%	45	%	48	%	46	%
Fixed income - 3 year	72	%	72	%	68	%	68	%	77	%
Equity - 5 year	67	%	63	%	71	%	75	%	69	%
Fixed income - 5 year	58	%	58	%	63	%	75	%	79	%
Asset Weighted Mutual Fund Rankings in top 2 Lipper Quartiles
Equity - 12 month	52	%	72	%	78	%	73	%	54	%
Fixed income - 12 month	61	%	80	%	51	%	45	%	56	%
Equity - 3 year	51	%	50	%	56	%	61	%	71	%
Fixed income - 3 year	65	%	63	%	59	%	64	%	78	%
Equity - 5 year	74	%	69	%	75	%	88	%	81	%
Fixed income - 5 year	61	%	58	%	58	%	65	%	75	%
Threadneedle
Equal Weighted Mutual Fund Rankings in top 2 Morningstar Quartiles
Equity - 12 month	64	%	38	%	31	%	62	%	62	%
Fixed income - 12 month	82	%	60	%	60	%	40	%	20	%
Equity - 3 year	89	%	90	%	93	%	97	%	93	%
Fixed income - 3 year	64	%	80	%	80	%	80	%	80	%
Equity - 5 year	85	%	89	%	93	%	93	%	93	%
Fixed income - 5 year	70	%	78	%	78	%	67	%	67	%

Beginning in the second quarter of 2010, mutual fund performance rankings are based on the performance of Class A fund shares for legacy RiverSource (including Seligman and Threadneedle) branded funds and on Class Z fund shares for legacy Columbia branded funds, as the majority of fund assets managed within the funds of each fund family are generally held in the designated share class. Prior to second quarter of 2010, the mutual fund performance rankings were based solely on the performance of the legacy RiverSource Class A fund shares.

Equal Weighted Rankings in Top 2 Quartiles: Counts the number of funds (RiverSource Class A and Columbia Class Z) with above median ranking divided by the total number of funds.  Asset size is not a factor.

Asset Weighted Rankings in Top 2 Quartiles: Sums the assets of the funds with above median ranking (RiverSource Class A and Columbia Class Z) divided by the total sum of RiverSource Class A assets and Columbia Class Z assets.  Funds with more assets will receive a greater share of the total percentage above or below median.

Aggregated data shows only actively-managed mutual funds by affiliated investment managers.

Aggregated data does not include mutual funds sub-advised by advisors not affiliated with Ameriprise Financial, Inc., RiverSource S&P 500 Index Fund and Columbia Money Market Fund.

Aggregated equity rankings include Columbia Portfolio Builder Series and other balanced and asset allocation funds that invest in both equities and fixed income.

Columbia Portfolio Builder Series funds are funds of mutual funds that may invest in third-party sub-advised funds.

21

Statistical Supplement Package

(unaudited)

Third Quarter 2010

Annuities Segment

22

Ameriprise Financial, Inc.

Annuities Segment

Third Quarter 2010

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2009			4 Qtr 2009			1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			2009			2010			Diff.			%		Diff.			%		Diff.			%
Revenues
Management and financial advice fees	$	118		$	126		$	127		$	130		$	139		$	312		$	396		$	21		18	%	$	84		27	%	$	9		7	%
Distribution fees	64			68			70			76			65			179			211			1			2	%	32			18	%	(11		)	(14	)%
Net investment income	343			352			330			330			326			971			986			(17		)	(5	)%	15			2	%	(4		)	(1	)%
Premiums	25			32			31			42			43			72			116			18			72	%	44			61	%	1			2	%
Other revenues	41			42			44			52			53			111			149			12			29	%	38			34	%	1			2	%
Total revenues	591			620			602			630			626			1,645			1,858			35			6	%	213			13	%	(4		)	(1	)%
Banking and deposit interest expense	—			—			—			—			—			—			—			—			—		—			—		—			—
Total net revenues	591			620			602			630			626			1,645			1,858			35			6	%	213			13	%	(4		)	(1	)%
Expenses
Distribution expenses	49			57			61			70			70			154			201			21			43	%	47			31	%	—			—
Interest credited to fixed accounts	196			193			192			194			188			566			574			(8		)	(4	)%	8			1	%	(6		)	(3	)%
Benefits, claims, losses and settlement expenses	93			103			118			58			341			315			517			248				#	202			64	%	283				#
Amortization of deferred acquisition costs	(64		)	64			60			121			(286		)	(27		)	(105		)	(222		)		#	(78		)		#	(407		)		#
Interest and debt expense	—			—			—			—			2			—			2			2			—		2			—		2			—
General and administrative expense	49			46			51			54			47			146			152			(2		)	(4	)%	6			4	%	(7		)	(13	)%
Total expenses	323			463			482			497			362			1,154			1,341			39			12	%	187			16	%	(135		)	(27	)%
Pretax segment income	268			157			120			133			264			491			517			(4		)	(1	)%	26			5	%	131			98	%
Realized (gains) losses included in net investment income	—			(16		)	(3		)	(4		)	1			(28		)	(6		)	1			—		22			79	%	5				#
Pretax operating earnings (1)	$	268		$	141		$	117		$	129		$	265		$	463		$	511		$	(3	)	(1	)%	$	48		10	%	$	136			#
Margins
Pretax segment margin	45.3		%	25.3		%	19.9		%	21.1		%	42.2		%	29.8		%	27.8		%	(3.1		)%			(2.0		)%			21.1		%
Pretax operating margin (1)	45.3		%	23.3		%	19.5		%	20.6		%	42.3		%	28.6		%	27.6		%	(3.0		)%			(1.0		)%			21.7		%
Return on Equity
Allocated equity	$	2,322		$	2,459		$	2,317		$	2,395		$	2,539		$	2,322		$	2,539		$	217		9	%	$	217		9	%	$	144		6	%
Return on allocated equity (2)	7.3		%	20.9		%	20.7		%	22.8		%	21.4		%	7.3		%	21.4		%	14.1		%			14.1		%			(1.4		)%
Operating return on allocated equity (2)	11.0		%	19.7		%	20.0		%	22.2		%	20.8		%	11.0		%	20.8		%	9.8		%			9.8		%			(1.4		)%
Net Investment Income
Investment income on fixed maturities	$	336		$	337		$	324		$	323		$	328		$	909		$	975		$	(8	)	(2	)%	$	66		7	%	$	5		2	%
Realized gains (losses)	—			16			3			4			(1		)	28			6			(1		)	—		(22		)	(79	)%	(5		)		#
Other (including seed money)	7			(1		)	3			3			(1		)	34			5			(8		)		#	(29		)	(85	)%	(4		)		#
Total net investment income	$	343		$	352		$	330		$	330		$	326		$	971		$	986		$	(17	)	(5	)%	$	15		2	%	$	(4	)	(1	)%
Benefits Expense
Net variable annuity living benefits market impact (3)	$	(66	)	$	(3	)	$	(24	)	$	74		$	(34	)	$	(159	)	$	16		$	32		48	%	$	175			#	$	(108	)		#
Total annuity net flows	$	527		$	255		$	(68	)	$	9		$	325		$	3,435		$	266		$	(202	)	(38	)%	$	(3,169	)	(92	)%	$	316			#

(1)See non-GAAP financial information on pg 37.

(2)Calculated using net income or operating earnings subject to the effective tax rate excluding CIEs for the last twelve months in the numerator and the average allocated equity as of the last day of the trailing four quarters and current quarter in the denominator. Beginning 3rd quarter of 2010, Return on allocated equity and Operating return on allocated equity were calculated using the effective tax rate. Prior quarters have been restated.

(3)Guaranteed Minimum Withdrawal Benefit (GMWB) and Guaranteed Minimum Accumulation Benefit (GMAB) only.

# Variance of 100% or greater.

23

Ameriprise Financial, Inc.

Annuities Segment

Third Quarter 2010

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2009			4 Qtr 2009			1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			2009			2010			Diff.			%		Diff.			%		Diff.			%
Product Information
Variable Annuities
Operating earnings(1)	$	189		$	82		$	57		$	68		$	88		$	304		$	213		$	(101	)	(53	)%	$	(91	)	(30	)%	$	20		29	%
Allocated equity	$	988		$	1,005		$	971		$	1,083		$	1,133		$	988		$	1,133		$	145		15	%	$	145		15	%	$	50		5	%
Operating return on allocated equity (2)	10.1		%	29.5		%	29.0		%	32.2		%	22.3		%	10.1		%	22.3		%	12.2		%			12.2		%			(9.9		)%
Fixed Annuities(3)
Operating earnings(1)	$	79		$	59		$	60		$	61		$	177		$	159		$	298		$	98			#	$	139		87	%	$	116			#
Allocated equity	$	1,334		$	1,454		$	1,346		$	1,312		$	1,406		$	1,334		$	1,406		$	72		5	%	$	72		5	%	$	94		7	%
Operating return on allocated equity (2)	11.7		%	12.6		%	13.8		%	15.0		%	19.7		%	11.7		%	19.7		%	8.0		%			8.0		%			4.7		%
Variable Annuities Rollforward
Beginning balance	$	47,104		$	52,995		$	55,106		$	56,978		$	54,025		$	43,280		$	55,106		$	6,921		15	%	$	11,826		27	%	$	(2,953	)	(5	)%
Deposits	1,435			1,378			1,181			1,411			1,730			4,168			4,322			295			21	%	154			4	%	319			23	%
Withdrawals and terminations	(909		)	(980		)	(1,083		)	(1,212		)	(1,246		)	(2,747		)	(3,541		)	(337		)	(37	)%	(794		)	(29	)%	(34		)	(3	)%
Net flows	526			398			98			199			484			1,421			781			(42		)	(8	)%	(640		)	(45	)%	285				#
Investment performance and interest credited	5,365			1,713			1,859			(3,150		)	4,465			8,288			3,174			(900		)	(17	)%	(5,114		)	(62	)%	7,615				#
Other	—			—			(85		)	(2		)	—			6			(87		)	—			—		(93		)		#	2				#
Total ending balance - contract accumulation values	$	52,995		$	55,106		$	56,978		$	54,025		$	58,974		$	52,995		$	58,974		$	5,979		11	%	$	5,979		11	%	$	4,949		9	%
Variable annuities fixed sub-accounts	$	6,036		$	6,124		$	6,119		$	4,914		$	4,926		$	6,036		$	4,926		$	(1,110	)	(18	)%	$	(1,110	)	(18	)%	$	12		—
Fixed Annuities Rollforward
Beginning balance	$	14,464		$	14,615		$	14,623		$	14,599		$	14,547		$	12,228		$	14,623		$	83		1	%	$	2,395		20	%	$	(52	)	—
Deposits	343			167			163			130			140			3,414			433			(203		)	(59	)%	(2,981		)	(87	)%	10			8	%
Withdrawals and terminations	(342		)	(310		)	(329		)	(320		)	(299		)	(1,400		)	(948		)	43			13	%	452			32	%	21			7	%
Net flows	1			(143		)	(166		)	(190		)	(159		)	2,014			(515		)	(160		)		#	(2,529		)		#	31			16	%
Policyholder interest credited	151			151			142			138			139			422			419			(12		)	(8	)%	(3		)	(1	)%	1			1	%
Other	(1		)	—			—			—			—			(49		)	—			1				#	49				#	—			—
Total ending balance - contract accumulation values	$	14,615		$	14,623		$	14,599		$	14,547		$	14,527		$	14,615		$	14,527		$	(88	)	(1	)%	$	(88	)	(1	)%	$	(20	)	—
Capitalized Interest	$	9		$	8		$	5		$	3		$	1		$	29		$	9		$	(8	)	(89	)%	$	(20	)	(69	)%	$	(2	)	(67	)%
Payout Annuities Reserve Balance	$	2,104		$	2,102		$	2,094		$	2,105		$	2,111		$	2,104		$	2,111		$	7		—		$	7		—		$	6		—
Tax Equivalent Spread - Fixed Annuities(4)
Gross rate of return on invested assets (5) (6)	6.4		%	6.1		%	6.0		%	6.1		%	6.5		%	6.1		%	6.2		%	0.1		%			0.1		%			0.4		%
Crediting rate excluding capitalized interest	(4.0		)%	(3.9		)%	(3.9		)%	(3.9		)%	(3.8		)%	(4.0		)%	(3.8		)%	0.2		%			0.2		%			0.1		%
Tax equivalent margin spread	2.4		%	2.2		%	2.1		%	2.2		%	2.7		%	2.1		%	2.4		%	0.3		%			0.3		%			0.5		%
Total Variable Annuities DAC
Beginning balance	$	2,060		$	2,116		$	2,132		$	2,121		$	2,082		$	2,063		$	2,132		$	22		1	%	$	69		3	%	$	(39	)	(2	)%
Capitalization	68			64			53			77			92			197			222			24			35	%	25			13	%	15			19	%
Amortization per income statement	70			(48		)	(46		)	(104		)	222			63			72			152				#	9			14	%	326				#
Other	(82		)	—			(18		)	(12		)	(18		)	(207		)	(48		)	64			78	%	159			77	%	(6		)	(50	)%
Total ending balance	$	2,116		$	2,132		$	2,121		$	2,082		$	2,378		$	2,116		$	2,378		$	262		12	%	$	262		12	%	$	296		14	%
Total Fixed Annuities DAC
Beginning balance	$	389		$	304		$	301		$	247		$	198		$	316		$	301		$	(191	)	(49	)%	$	(15	)	(5	)%	$	(49	)	(20	)%
Capitalization	19			8			7			6			4			164			17			(15		)	(79	)%	(147		)	(90	)%	(2		)	(33	)%
Amortization per income statement	(6		)	(16		)	(14		)	(17		)	64			(36		)	33			70				#	69				#	81				#
Other	(98		)	5			(47		)	(38		)	(37		)	(140		)	(122		)	61			62	%	18			13	%	1			3	%
Total ending balance	$	304		$	301		$	247		$	198		$	229		$	304		$	229		$	(75	)	(25	)%	$	(75	)	(25	)%	$	31		16	%

(1)See non-GAAP financial information on pg 37.

(2)Calculated using operating earnings subject to the effective tax rate excluding CIEs for the last twelve months in the numerator and the average allocated equity as of the last day of the trailing four quarters and current quarter in the denominator. Beginning 3rd quarter of 2010, Operating return on allocated equity was calculated using the effective tax rate.  Prior quarters have been restated.

(3)Includes payout annuities.

(4)Attributable to interest sensitive products only, which have been approximately 98% to 99% of the total ending fixed annuities accumulation values in the periods reported.  The asset earnings rate is a calculated yield based on specifically assigned assets.

(5)The Gross rate of return on invested assets for both the 4th quarter 2009 and the first quarter of 2010 are affected by significant purchases of forward settled Agency Backed TBA positions that are recorded on a trade basis. Without these positions, the Gross rate of return on invested assets for the 4th quarter 2009 would be approximately 6.3%, and 6.1% for 1st quarter 2010.

(6)In the 2nd and 3rd quarters of 2010, Gross rate of return on invested assets are impacted by outstanding repurchase agreements.  Without these positions, the Gross rate of return on invested assets would have been 6.0% in the 2nd quarter and 6.2% in the 3rd quarter.

#  Variance of 100% or greater.

24

Statistical Supplement Package

(unaudited)

Third Quarter 2010

Protection Segment

25

Ameriprise Financial, Inc.

Protection Segment

Third Quarter 2010

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2009			4 Qtr 2009			1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			2009			2010			Diff.			%		Diff.			%		Diff.			%
Revenues
Management and financial advice fees	$	13		$	13		$	13		$	13		$	13		$	34		$	39		$	—		—		$	5		15	%	$	—		—
Distribution fees	24			25			24			24			24			72			72			—			—		—			—		—			—
Net investment income	112			113			103			111			108			309			322			(4		)	(4	)%	13			4	%	(3		)	(3	)%
Premiums	257			262			257			264			266			758			787			9			4	%	29			4	%	2			1	%
Other revenues	44			116			110			109			91			270			310			47				#	40			15	%	(18		)	(17	)%
Total revenues	450			529			507			521			502			1,443			1,530			52			12	%	87			6	%	(19		)	(4	)%
Banking and deposit interest expense	—			1			—			—			—			—			—			—			—		—			—		—			—
Total net revenues	450			528			507			521			502			1,443			1,530			52			12	%	87			6	%	(19		)	(4	)%
Expenses
Distribution expenses	4			7			8			9			8			15			25			4				#	10			67	%	(1		)	(11	)%
Interest credited to fixed accounts	36			36			36			37			39			108			112			3			8	%	4			4	%	2			5	%
Benefits, claims, losses and settlement expenses	213			246			236			240			299			678			775			86			40	%	97			14	%	59			25	%
Amortization of deferred acquisition costs	(5		)	52			52			45			35			107			132			40				#	25			23	%	(10		)	(22	)%
Interest and debt expense	—			—			—			—			—			—			—			—			—		—			—		—			—
General and administrative expense	57			58			56			55			56			168			167			(1		)	(2	)%	(1		)	(1	)%	1			2	%
Total expenses	305			399			388			386			437			1,076			1,211			132			43	%	135			13	%	51			13	%
Pretax segment income	145			129			119			135			65			367			319			(80		)	(55	)%	(48		)	(13	)%	(70		)	(52	)%
Realized (gains) losses included in net investment income	(7		)	(13		)	(1		)	(1		)	—			(14		)	(2		)	7				#	12			86	%	1				#
Pretax operating earnings (1)	$	138		$	116		$	118		$	134		$	65		$	353		$	317		$	(73	)	(53	)%	$	(36	)	(10	)%	$	(69	)	(51	)%
Margins
Pretax segment margin	32.2		%	24.4		%	23.5		%	25.9		%	12.9		%	25.4		%	20.8		%	(19.3		)%			(4.6		)%			(13.0		)%
Pretax operating margin (1)	31.2		%	22.5		%	23.3		%	25.8		%	12.9		%	24.7		%	20.7		%	(18.3		)%			(4.0		)%			(12.9		)%
Return on Equity
Allocated equity	$	2,463		$	2,540		$	2,560		$	2,654		$	2,668		$	2,463		$	2,668		$	205		8	%	$	205		8	%	$	14		1	%
Return on allocated equity (2)	12.9		%	16.3		%	15.8		%	16.3		%	13.6		%	12.9		%	13.6		%	0.7		%			0.7		%			(2.7		)%
Operating return on allocated equity (2)	13.7		%	15.6		%	15.2		%	15.7		%	13.2		%	13.7		%	13.2		%	(0.5		)%			(0.5		)%			(2.5		)%
Net Investment Income
Investment income on fixed maturities	$	94		$	93		$	95		$	101		$	100		$	260		$	296		$	6		6	%	$	36		14	%	$	(1	)	(1	)%
Realized gains (losses)	7			13			1			1			—			14			2			(7		)		#	(12		)	(86	)%	(1		)		#
Other (including seed money)	11			7			7			9			8			35			24			(3		)	(27	)%	(11		)	(31	)%	(1		)	(11	)%
Total net investment income	$	112		$	113		$	103		$	111		$	108		$	309		$	322		$	(4	)	(4	)%	$	13		4	%	$	(3	)	(3	)%
Product Information
Long Term Care
Operating earnings(1)	$	9		$	12		$	14		$	6		$	6		$	24		$	26		$	(3	)	(33	)%	$	2		8	%	$	—		—
Allocated equity	$	590		$	620		$	622		$	636		$	651		$	590		$	651		$	61		10	%	$	61		10	%	$	15		2	%
Operating return on allocated equity (2)	4.0		%	5.0		%	5.2		%	5.3		%	4.7		%	4.0		%	4.7		%	0.7		%			0.7		%			(0.6		)%
Protection excluding Long Term Care
Operating earnings(1)	$	129		$	104		$	104		$	128		$	59		$	329		$	291		$	(70	)	(54	)%	$	(38	)	(12	)%	$	(69	)	(54	)%
Allocated equity	$	1,873		$	1,920		$	1,938		$	2,018		$	2,017		$	1,873		$	2,017		$	144		8	%	$	144		8	%	$	(1	)	—
Operating return on allocated equity (2)	16.8		%	19.0		%	18.4		%	19.0		%	15.9		%	16.8		%	15.9		%	(0.9		)%			(0.9		)%			(3.1		)%

(1) See non-GAAP financial information on pg 37.

(2) Calculated using net income or operating earnings subject to the effective tax rate excluding CIEs for the last twelve months in the numerator and the average allocated equity as of the last day of the trailing four quarters and current quarter in the denominator. Beginning 3rd quarter of 2010, Return on allocated equity and Operating return on allocated equity were calculated using the effective tax rate.  Prior quarters have been restated.

#  Variance of 100% or greater.

26

Ameriprise Financial, Inc.

Protection Segment

Third Quarter 2010

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2009			4 Qtr 2009			1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			2009			2010			Diff.			%		Diff.			%		Diff.			%
Cash Sales
VUL / UL (1)	$	55		$	56		$	54		$	59		$	54		$	133		$	167		$	(1	)	(2	)%	$	34		26	%	$	(5	)	(8	)%
Term and whole life	4			4			3			3			4			11			10			—			—		(1		)	(9	)%	1			33	%
Disability insurance	1			2			1			2			2			5			5			1				#	—			—		—			—
Auto and Home	178			166			177			177			188			508			542			10			6	%	34			7	%	11			6	%
Total cash sales	$	238		$	228		$	235		$	241		$	248		$	657		$	724		$	10		4	%	$	67		10	%	$	7		3	%
VUL / UL Policyholder Account Balances
Beginning balance	$	7,957		$	8,593		$	8,803		$	9,009		$	8,560		$	7,570		$	8,803		$	603		8	%	$	1,233		16	%	$	(449	)	(5	)%
Premiums and deposits	242			248			236			233			226			701			695			(16		)	(7	)%	(6		)	(1	)%	(7		)	(3	)%
Investment performance and interest	674			244			247			(413		)	570			1,058			404			(104		)	(15	)%	(654		)	(62	)%	983				#
Withdrawals and surrenders	(280		)	(282		)	(277		)	(269		)	(277		)	(802		)	(823		)	3			1	%	(21		)	(3	)%	(8		)	(3	)%
Other	—			—			—			—			—			66			—			—			—		(66		)		#	—			—
Total ending balance	$	8,593		$	8,803		$	9,009		$	8,560		$	9,079		$	8,593		$	9,079		$	486		6	%	$	486		6	%	$	519		6	%
Premiums by Product
Term and whole life	$	14		$	14		$	13		$	15		$	13		$	42		$	41		$	(1	)	(7	)%	$	(1	)	(2	)%	$	(2	)	(13	)%
Disability insurance	43			42			41			42			42			128			125			(1		)	(2	)%	(3		)	(2	)%	—			—
Long term care	30			31			29			30			30			89			89			—			—		—			—		—			—
Auto and Home	164			168			167			171			175			480			513			11			7	%	33			7	%	4			2	%
Intercompany premiums	6			7			7			6			6			19			19			—			—		—			—		—			—
Total premiums by product	$	257		$	262		$	257		$	264		$	266		$	758		$	787		$	9		4	%	$	29		4	%	$	2		1	%
Auto and Home Insurance
Policy count (thousands)	581			594			608			623			639			581			639			58			10	%	58			10	%	16			3	%
Loss ratio	80.4		%	81.8		%	81.3		%	80.3		%	80.1		%	79.9		%	80.5		%	(0.3		)%			0.6		%			(0.2		)%
Expense ratio	15.0		%	17.5		%	14.7		%	15.1		%	15.7		%	15.0		%	15.2		%	0.7		%			0.2		%			0.6		%
Combined ratio	95.4		%	99.3		%	96.0		%	95.4		%	95.8		%	94.9		%	95.7		%	0.4		%			0.8		%			0.4		%
DAC Rollforward
Life and Health
Beginning balance	$	1,858		$	1,853		$	1,852		$	1,828		$	1,798		$	1,946		$	1,852		$	(60	)	(3	)%	$	(94	)	(5	)%	$	(30	)	(2	)%
Capitalization	32			33			27			31			29			91			87			(3		)	(9	)%	(4		)	(4	)%	(2		)	(6	)%
Amortization per income statement	17			(39		)	(39		)	(33		)	(21		)	(69		)	(93		)	(38		)		#	(24		)	(35	)%	12			36	%
Other	(54		)	5			(12		)	(28		)	(19		)	(115		)	(59		)	35			65	%	56			49	%	9			32	%
Total ending balance	$	1,853		$	1,852		$	1,828		$	1,798		$	1,787		$	1,853		$	1,787		$	(66	)	(4	)%	$	(66	)	(4	)%	$	(11	)	(1	)%
Life insurance in force	$	192,558		$	192,871		$	192,477		$	192,192		$	192,102		$	192,558		$	192,102		$	(456	)	—		$	(456	)	—		$	(90	)	—
Net Amount at Risk	$	53,346		$	52,575		$	51,502		$	50,952		$	49,713		$	53,346		$	49,713		$	(3,633	)	(7	)%	$	(3,633	)	(7	)%	$	(1,239	)	(2	)%
Net Policyholder Reserves
VUL / UL	$	7,552		$	7,776		$	7,991		$	7,560		$	8,102		$	7,552		$	8,102		$	550		7	%	$	550		7	%	$	542		7	%
Term and whole life	238			236			230			230			235			238			235			(3		)	(1	)%	(3		)	(1	)%	5			2	%
Disability insurance	476			480			486			489			498			476			498			22			5	%	22			5	%	9			2	%
Long term care and other	2,401			2,424			2,443			2,464			2,489			2,401			2,489			88			4	%	88			4	%	25			1	%
Auto and Home loss and LAE reserves	306			313			314			318			317			306			317			11			4	%	11			4	%	(1		)	—
Total net policyholder reserves	$	10,973		$	11,229		$	11,464		$	11,061		$	11,641		$	10,973		$	11,641		$	668		6	%	$	668		6	%	$	580		5	%

(1)  Includes lump sum deposits.

#Variance of 100% or greater.

27

Statistical Supplement Package

(unaudited)

Third Quarter 2010

Corporate & Other Segment

28

Ameriprise Financial, Inc.

Corporate & Other Segment

Third Quarter 2010

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2009			4 Qtr 2009			1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			2009			2010			Diff.			%		Diff.			%		Diff.			%
Revenues
Management and financial advice fees	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		—		$	—		—		$	—		—
Distribution fees	—			—			—			—			—			—			—			—			—		—			—		—			—
Net investment income	(12		)	(11		)	79			143			19			(46		)	241			31				#	287				#	(124		)	(87	)%
Premiums	—			—			—			—			—			—			—			—			—		—			—		—			—
Other revenues	6			44			78			48			13			46			139			7				#	93				#	(35		)	(73	)%
Total revenues	(6		)	33			157			191			32			—			380			38				#	380			—		(159		)	(83	)%
Banking and deposit interest expense	3			3			—			3			—			4			3			(3		)		#	(1		)	(25	)%	(3		)		#
Total net revenues	(9		)	30			157			188			32			(4		)	377			41				#	381				#	(156		)	(83	)%
Expenses
Distribution expenses	—			1			—			—			—			2			—			—			—		(2		)		#	—			—
Interest credited to fixed accounts	—			—			—			—			—			—			—			—			—		—			—		—			—
Benefits, claims, losses and settlement expenses	—			—			—			—			—			—			—			—			—		—			—		—			—
Amortization of deferred acquisition costs	—			—			—			—			—			—			—			—			—		—			—		—			—
Interest and debt expense	45			28			64			74			72			99			210			27			60	%	111				#	(2		)	(3	)%
General and administrative expense	41			44			40			57			38			102			135			(3		)	(7	)%	33			32	%	(19		)	(33	)%
Total expenses	86			73			104			131			110			203			345			24			28	%	142			70	%	(21		)	(16	)%
Pretax segment income (loss)	(95		)	(43		)	53			57			(78		)	(207		)	32			17			18	%	239				#	(135		)		#
Pretax income (loss) attributable to noncontrolling interests	—			37			82			139			(32		)	(22		)	189			(32		)	—		211				#	(171		)		#
Pretax segment income (loss) attributable to Ameriprise Financial	$	(95	)	$	(80	)	$	(29	)	$	(82	)	$	(46	)	$	(185	)	$	(157	)	$	49		52	%	$	28		15	%	$	36		44	%
Net Investment Income
Investment income on fixed maturities	$	1		$	—		$	55		$	56		$	53		$	1		$	164		$	52			#	$	163			#	$	(3	)	(5	)%
Realized gains (losses)	2			(9		)	(13		)	(40		)	(26		)	9			(79		)	(28		)		#	(88		)		#	14			35	%
Affordable housing	(7		)	(5		)	(3		)	(5		)	(4		)	(20		)	(12		)	3			43	%	8			40	%	1			20	%
Other	(8		)	3			40			132			(4		)	(36		)	168			4			50	%	204				#	(136		)		#
Total net investment income	$	(12	)	$	(11	)	$	79		$	143		$	19		$	(46	)	$	241		$	31			#	$	287			#	$	(124	)	(87	)%

# Variance of 100% or greater.

29

Ameriprise Financial, Inc.

Corporate & Other Segment - Consolidated Investment Entities

Third Quarter 2010

																					Prior Year Comparisons
															Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2009			4 Qtr 2009		1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			2009			2010			Diff.			%		Diff.			%		Diff.			%
Revenues
Management and financial advice fees	$	—		$	—	$	—		$	—		$	—		$	—		$	—		$	—		—		$	—		—		$	—		—
Distribution fees	—			—		—			—			—			—			—			—			—		—			—		—			—
Net investment income	(1		)	1		79			155			17			1			251			18				#	250				#	(138		)	(89	)%
Premiums	—			—		—			—			—			—			—			—			—		—			—		—			—
Other revenues	4			43		57			46			9			(15		)	112			5				#	127				#	(37		)	(80	)%
Total revenues	3			44		136			201			26			(14		)	363			23				#	377				#	(175		)	(87	)%
Banking and deposit interest expense	1			3		—			—			—			3			—			(1		)		#	(3		)		#	—			—
Total net revenues	2			41		136			201			26			(17		)	363			24				#	380				#	(175		)	(87	)%
Expenses
Distribution expenses	—			—		—			—			—			—			—			—			—		—			—		—			—
Interest credited to fixed accounts	—			—		—			—			—			—			—			—			—		—			—		—			—
Benefits, claims, losses and settlement expenses	—			—		—			—			—			—			—			—			—		—			—		—			—
Amortization of deferred acquisition costs	—			—		—			—			—			—			—			—			—		—			—		—			—
Interest and debt expense	—			—		40			45			45			—			130			45			—		130			—		—			—
General and administrative expense	2			4		14			17			13			5			44			11				#	39				#	(4		)	(24	)%
Total expenses	2			4		54			62			58			5			174			56				#	169				#	(4		)	(6	)%
Pretax segment income (loss)	—			37		82			139			(32		)	(22		)	189			(32		)	—		211				#	(171		)		#
Pretax income (loss) attributable to noncontrolling interests	—			37		82			139			(32		)	(22		)	189			(32		)	—		211				#	(171		)		#
Pretax segment income (loss) attributable to Ameriprise Financial	$	—		$	—	$	—		$	—		$	—		$	—		$	—		$	—		—		$	—		—		$	—		—
Net Investment Income
Investment income on fixed maturities	$	—		$	—	$	52		$	56		$	52		$	—		$	160		$	52		—		$	160		—		$	(4	)	(7	)%
Realized gains (losses)	—			—		(14		)	(41		)	(28		)	—			(83		)	(28		)	—		(83		)	—		13			32	%
Affordable housing	—			—		—			—			—			—			—			—			—		—			—		—			—
Other	(1		)	1		41			140			(7		)	1			174			(6		)		#	173				#	(147		)		#
Total net investment income	$	(1	)	$	1	$	79		$	155		$	17		$	1		$	251		$	18			#	$	250			#	$	(138	)	(89	)%

# Variance of 100% or greater.

30

Ameriprise Financial, Inc.

Corporate & Other Segment  Excluding Consolidated Investment Entities

Third Quarter 2010

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2009			4 Qtr 2009			1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			2009			2010			Diff.			%		Diff.			%		Diff.			%
Revenues
Management and financial advice fees	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		—		$	—		—		$	—		—
Distribution fees	—			—			—			—			—			—			—			—			—		—			—		—			—
Net investment income	(11		)	(12		)	—			(12		)	2			(47		)	(10		)	13				#	37			79	%	14				#
Premiums	—			—			—			—			—			—			—			—			—		—			—		—			—
Other revenues	2			1			21			2			4			61			27			2				#	(34		)	(56	)%	2				#
Total revenues	(9		)	(11		)	21			(10		)	6			14			17			15				#	3			21	%	16				#
Banking and deposit interest expense	2			—			—			3			—			1			3			(2		)		#	2			#		(3		)		#
Total net revenues	(11		)	(11		)	21			(13		)	6			13			14			17				#	1			8	%	19				#
Expenses
Distribution expenses	—			1			—			—			—			2			—			—			—		(2		)		#	—			—
Interest credited to fixed accounts	—			—			—			—			—			—			—			—			—		—			—		—			—
Benefits, claims, losses and settlement expenses	—			—			—			—			—			—			—			—			—		—			—		—			—
Amortization of deferred acquisition costs	—			—			—			—			—			—			—			—			—		—			—		—			—
Interest and debt expense	45			28			24			29			27			99			80			(18		)	(40	)%	(19		)	(19	)%	(2		)	(7	)%
General and administrative expense	39			40			26			40			25			97			91			(14		)	(36	)%	(6		)	(6	)%	(15		)	(38	)%
Total expenses	84			69			50			69			52			198			171			(32		)	(38	)%	(27		)	(14	)%	(17		)	(25	)%
Pretax segment (loss)	(95		)	(80		)	(29		)	(82		)	(46		)	(185		)	(157		)	49			52	%	28			15	%	36			44	%
Integration charges included in general and administrative expense (1)	4			—			—			5			—			4			5			(4		)		#	1			25	%	(5		)		#
Realized (gains) losses included in net investment income	(2		)	9			(1		)	(1		)	(2		)	(9		)	(4		)	—			—		5			56	%	(1		)		#
Pretax operating (loss) (2)	$	(93	)	$	(71	)	$	(30	)	$	(78	)	$	(48	)	$	(190	)	$	(156	)	$	45		48	%	$	34		18	%	$	30		38	%
Net Investment Income
Investment income on fixed maturities	$	1		$	—		$	3		$	—		$	1		$	1		$	4		$	—		—		$	3			#	$	1		—
Realized gains (losses)	2			(9		)	1			1			2			9			4			—			—		(5		)	(56	)%	1				#
Affordable housing	(7		)	(5		)	(3		)	(5		)	(4		)	(20		)	(12		)	3			43	%	8			40	%	1			20	%
Other	(7		)	2			(1		)	(8		)	3			(37		)	(6		)	10				#	31			84	%	11				#
Total net investment income	$	(11	)	$	(12	)	$	—		$	(12	)	$	2		$	(47	)	$	(10	)	$	13			#	$	37		79	%	$	14			#
Allocated equity	$	2,138		$	2,204		$	2,549		$	1,523		$	1,583		$	2,138		$	1,583		(555		)	(26	)%	$	(555	)	(26	)%	$	60		4	%

(1) Integration charges incurred for acquisition of Columbia.

(2) See non-GAAP financial information on pg 37.

#  Variance of 100% or greater.

31

Ameriprise Financial, Inc.

Eliminations (1)

Third Quarter 2010

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2009			4 Qtr 2009			1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			2009			2010			Diff.			%		Diff.			%		Diff.			%
Revenues
Management and financial advice fees	$	(31	)	$	(32	)	$	(41	)	$	(41	)	$	(40	)	$	(89	)	$	(122	)	$	(9	)	(29	)%	$	(33	)	(37	)%	$	1		2	%
Distribution fees	(208		)	(209		)	(197		)	(246		)	(272		)	(664		)	(715		)	(64		)	(31	)%	(51		)	(8	)%	(26		)	(11	)%
Net investment income	(1		)	—			—			—			—			(1		)	—			1				#	1				#	—			—
Premiums	(6		)	(7		)	(6		)	(7		)	(6		)	(19		)	(19		)	—			—		—			—		1			14	%
Other revenues	—			—			—			—			—			—			—			—			—		—			—		—			—
Total revenues	(246		)	(248		)	(244		)	(294		)	(318		)	(773		)	(856		)	(72		)	(29	)%	(83		)	(11	)%	(24		)	(8	)%
Banking and deposit interest expense	—			(1		)	—			(1		)	—			(1		)	(1		)	—			—		—			—		1				#
Total net revenues	(246		)	(247		)	(244		)	(293		)	(318		)	(772		)	(855		)	(72		)	(29	)%	(83		)	(11	)%	(25		)	(9	)%
Expenses
Distribution expenses	(192		)	(192		)	(186		)	(232		)	(252		)	(601		)	(670		)	(60		)	(31	)%	(69		)	(11	)%	(20		)	(9	)%
Interest credited to fixed accounts	—			—			—			—			—			—			—			—			—		—			—		—			—
Benefits, claims, losses and settlement expenses	—			—			—			—			—			—			—			—			—		—			—		—			—
Amortization of deferred acquisition costs	—			—			—			—			—			—			—			—			—		—			—		—			—
Interest and debt expense	—			—			—			—			—			—			—			—			—		—			—		—			—
General and administrative expense	(54		)	(55		)	(58		)	(61		)	(66		)	(171		)	(185		)	(12		)	(22	)%	(14		)	(8	)%	(5		)	(8	)%
Total expenses	(246		)	(247		)	(244		)	(293		)	(318		)	(772		)	(855		)	(72		)	(29	)%	(83		)	(11	)%	(25		)	(9	)%
Pretax segment income (loss)	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		—		$	—		—		$	—		—
Reconciliation of revenue and expense lines impacted by CIEs
Management and financial advice fees	$	(31	)	$	(32	)	$	(41	)	$	(41	)	$	(40	)	$	(89	)	$	(122	)	$	(9	)	(29	)%	$	(33	)	(37	)%	$	1		2	%
CIEs	—			(1		)	(9		)	(10		)	(9		)	(1		)	(28		)	(9		)	—		(27		)		#	1			10	%
Management and financial advice fees excluding CIEs	$	(31	)	$	(31	)	$	(32	)	$	(31	)	$	(31	)	$	(88	)	$	(94	)	$	—		—		$	(6	)	(7	)%	$	—		0	%
General and administrative expense	$	(54	)	$	(55	)	$	(58	)	$	(61	)	$	(66	)	$	(171	)	$	(185	)	$	(12	)	(22	)%	$	(14	)	(8	)%	$	(5	)	(8	)%
CIEs	—			(1		)	(9		)	(10		)	(9		)	(1		)	(28		)	(9		)	—		(27		)		#	1			10	%
General and administrative expense excluding CIEs	$	(54	)	$	(54	)	$	(49	)	$	(51	)	$	(57	)	$	(170	)	$	(157	)	$	(3	)	(6	)%	$	13		8	%	$	(6	)	(12	)%

(1)The majority of the amounts represent the impact of inter-segment transfer pricing for both revenues and expenses.

#Variance of 100% or greater.

32

Statistical Supplement Package

(unaudited)

Third Quarter 2010

Balance Sheet and Ratings Information

33

Ameriprise Financial, Inc.

Consolidated Balance Sheets

Third Quarter 2010

(in millions, unaudited)	September 30, 2009			December 31, 2009			March 31, 2010			June 30, 2010			September 30, 2010
Assets
Ameriprise Financial
Cash and cash equivalents	$	3,580		$	3,097		$	4,816		$	3,827		$	3,685
Investments	36,810			36,938			35,765			36,526			37,980
Separate account assets	55,576			58,129			60,326			58,029			64,014
Receivables	4,247			4,435			4,768			4,906			4,892
Deferred acquisition costs	4,323			4,334			4,243			4,123			4,437
Restricted and segregated cash	1,718			1,452			1,532			1,272			1,447
Other assets	4,295			4,286			4,007			5,643			5,849
Total Ameriprise Financial assets	110,549			112,671			115,457			114,326			122,304
Consolidated Investment Entities
Cash and cash equivalents	104			181			613			570			403
Investments	37			36			5,349			5,437			5,375
Receivables	22			49			80			92			77
Other assets	485			833			874			685			885
Total Consolidated Investment Entities assets	648			1,099			6,916			6,784			6,740
Total Assets	$	111,197		$	113,770		$	122,373		$	121,110		$	129,044
Liabilities
Ameriprise Financial
Future policy benefits and claims	$	31,042		$	30,886		$	30,866		$	30,677		$	31,124
Separate account liabilities	55,576			58,129			60,326			58,029			64,014
Customer deposits	9,028			8,554			8,632			8,421			8,492
Short-term borrowings	—			—			—			484			869
Long-term debt	1,868			1,868			2,612			2,684			2,735
Accounts payable and accrued expenses	765			918			748			1,050			1,080
Other liabilities	3,266			3,093			2,743			3,166			3,662
Total Ameriprise Financial liabilities	101,545			103,448			105,927			104,511			111,976
Consolidated Investment Entities
Debt	208			381			5,502			5,296			5,456
Accounts payable and accrued expenses	13			28			17			21			26
Other liabilities	41			41			231			163			82
Total Consolidated Investment Entities liabilities	262			450			5,750			5,480			5,564
Total Liabilities	101,807			103,898			111,677			109,991			117,540
Shareholders’ Equity
Ameriprise Financial
Common shares ($.01 par)	3			3			3			3			3
Additional paid-in capital	5,699			5,748			5,819			5,869			5,917
Retained earnings	5,085			5,276			5,445			5,658			5,955
Appropriated retained earnings of consolidated investment entities	—			—			508			620			590
Treasury stock	(2,021		)	(2,023		)	(2,038		)	(2,259		)	(2,412		)
Accumulated other comprehensive income, net of tax	279			265			367			607			897
Total Ameriprise Financial shareholders’ equity	9,045			9,269			10,104			10,498			10,950
Noncontrolling interests	345			603			592			621			554
Total Equity	9,390			9,872			10,696			11,119			11,504
Total Liabilities and Shareholders’ Equity	$	111,197		$	113,770		$	122,373		$	121,110		$	129,044

34

Ameriprise Financial, Inc.

Capital and Ratings Information

Third Quarter 2010

(in millions unless otherwise noted, unaudited)	September 30, 2009			December 31, 2009			March 31, 2010			June 30, 2010			September 30, 2010
Long-term Debt Summary
Senior notes	$	1,540		$	1,540		$	2,284		$	2,356		$	2,407
Junior subordinated notes	322			322			322			322			322
Non-recourse debt for inverse floaters	6			6			6			6			6
Total Ameriprise Financial long-term debt	1,868			1,868			2,612			2,684			2,735
Non-recourse debt of consolidated investment entities	208			381			5,502			5,296			5,456
Total long-term debt	$	2,076		$	2,249		$	8,114		$	7,980		$	8,191
Total long-term debt	$	2,076		$	2,249		$	8,114		$	7,980		$	8,191
Total non-recourse debt	(214		)	(387		)	(5,508		)	(5,302		)	(5,462		)
Total long-term debt excluding non-recourse debt (2)	1,862			1,862			2,606			2,678			2,729
Junior subordinated notes 75% equity credit (1)	(242		)	(242		)	(242		)	(242		)	(242		)
Total long-term debt excluding non-recourse debt and 75% equity credit (2)	$	1,620		$	1,620		$	2,364		$	2,436		$	2,487
Total equity	$	9,390		$	9,872		$	10,696		$	11,119		$	11,504
Noncontrolling interests	(345		)	(603		)	(592		)	(621		)	(554		)
Total Ameriprise Financial shareholders’ equity	9,045			9,269			10,104			10,498			10,950
Equity of consolidated investment entities	—			—			(482		)	(596		)	(561		)
Total equity excluding CIEs (2)	$	9,045		$	9,269		$	9,622		$	9,902		$	10,389
Total Ameriprise Financial capital	$	10,913		$	11,137		$	12,716		$	13,182		$	13,685
Total capital excluding non-recourse debt and equity of CIEs (2)	$	10,907		$	11,131		$	12,228		$	12,580		$	13,118
Debt to capital
Debt to total capital of Ameriprise Financial	17.1		%	16.8		%	20.5		%	20.4		%	20.0		%
Debt to total capital excluding non-recourse debt and equity of CIEs (2)	17.1		%	16.7		%	21.3		%	21.3		%	20.8		%
Debt to total capital excluding non-recourse debt and equity of CIEs and 75% equity credit (2)	14.9		%	14.6		%	19.3		%	19.4		%	19.0		%

Ratings (as of September 30, 2010 earnings release date)	A.M. Best Company	Standard & Poor’s Rating Services	Moody’s Investors Service, Inc.	Fitch Ratings Ltd.
Claims Paying Ratings (3)
RiverSource Life Insurance Company	A+	AA-	Aa3	AA-
IDS Property Casualty Ins. Company	A	N/R	N/R	N/R
Debt Ratings (3)
Ameriprise Financial, Inc.	a-	A	A3	A-

(1)The Company’s junior subordinated notes receive an equity credit of at least 75% by the majority of rating agencies.

(2)See non-GAAP financial information on pg 37.

(3)For the most current ratings information, please see the individual rating agency’s website.

35

Ameriprise Financial, Inc.

Ameriprise Financial Investments (1)

Third Quarter 2010

(in millions unless otherwise noted, unaudited)	September 30, 2009			December 31, 2009			March 31, 2010			June 30, 2010			September 30, 2010
Cash and cash equivalents	$	3,580		$	3,097		$	4,816		$	3,827		$	3,685
Investments - Ending Balances
Available-for-Sale Securities
Corporate debt securities	16,487			16,123			15,629			16,078			17,093
Residential mortgage backed securities	8,049			7,770			7,317			7,473			7,481
Commercial mortgage backed securities	4,373			4,613			4,467			4,681			4,969
Asset backed securities	1,846			1,994			1,968			1,966			2,009
Total mortgage and other asset backed securities	14,268			14,377			13,752			14,120			14,459
Other structured investments	55			58			—			—			—
State and municipal obligations	1,322			1,417			1,569			1,608			1,695
US government and agencies obligations	312			387			229			178			147
Foreign government bonds and obligations	109			108			108			110			112
Common and preferred stocks	48			43			50			48			54
Other AFS	24			33			77			74			26
Total other	1,870			2,046			2,033			2,018			2,034
Total available-for-sale securities	32,625			32,546			31,414			32,216			33,586
Commercial mortgage loans	2,735			2,695			2,682			2,670			2,670
Allowance for loan losses	(29		)	(32		)	(39		)	(39		)	(39		)
Commercial mortgage loans, net	2,706			2,663			2,643			2,631			2,631
Policy loans	719			720			720			725			732
Trading securities	276			556			544			547			571
Other investments	484			453			444			407			460
Total investments	36,810			36,938			35,765			36,526			37,980
Total cash, cash equivalents and investments	$	40,390		$	40,035		$	40,581		$	40,353		$	41,665
Net unrealized gain Available-for-Sale Securities	$	799		$	686		$	1,031		$	1,581		$	2,272
AFS Fixed Maturity Asset Quality - %
AAA	41		%	41		%	41		%	41		%	39		%
AA	4		%	5		%	5		%	6		%	6		%
AFS securities AA and above	45		%	46		%	46		%	47		%	45		%
A	16		%	15		%	15		%	14		%	15		%
BBB	33		%	33		%	34		%	34		%	35		%
Below investment grade	6		%	6		%	5		%	5		%	5		%
Total AFS fixed maturity asset quality - %	100		%	100		%	100		%	100		%	100		%
Fair Value of Below Investment Grade Investments as a % of Total cash and investments	6		%	5		%	5		%	5		%	5		%

(1)Investments excluding investments of CIEs.

36

Ameriprise Financial, Inc.

Non-GAAP Financial Information

Ameriprise Financial, Inc. (the Company) follows accounting principles generally accepted in the United States (U.S. GAAP).  This report includes information on both a U.S. GAAP and non-GAAP basis.  Effective January 1, 2010, in accordance with the adoption of a new accounting standard, the Company consolidated $5.8 billion of client assets and $6.1 billion of liabilities in variable interest entities (“VIEs”).  Prior to adoption, the Company consolidated certain property funds and hedge funds (Consolidated Managed Funds). These entities and the VIEs are defined as Consolidated Investment Entities (“CIEs”).

This report contains certain non-GAAP measures, which our management views as important indicators of financial performance. These non-GAAP measures include:

· Ameriprise Financial shareholders’ equity excluding AOCI;

· Ameriprise Financial shareholders’ equity excluding CIEs;

· Ameriprise Financial shareholders’ equity excluding CIEs and AOCI;

· Basic operating earnings per share;

· Debt to total capital excluding non-recourse debt and equity of CIEs;

· Debt to total capital excluding non-recourse debt and equity of CIEs and 75% equity credit;

· Operating earnings (loss);

· Operating earnings per diluted share;

· Operating margin;

· Operating total net revenues;

· Pretax earnings (loss) excluding CIEs;

· Pretax operating earnings (loss);

· Pretax operating margin;

· Total capital excluding non-recourse debt and equity of CIEs;

· Total equity excluding CIEs;

· Total long-term debt excluding non-recourse debt;

· Total long-term debt excluding non-recourse debt and 75% equity credit;

Management believes that the presentation of these non-GAAP financial measures better reflects the underlying performance of our 2010 and 2009 core operations and facilitates a more meaningful trend analysis. Management uses certain of these non-GAAP measures to evaluate our financial performance on a basis comparable to that used by some securities analysts and investors. Also, certain of these non-GAAP measures are taken into consideration, to varying degrees, for purposes of business planning and analysis and certain compensation-related matters.  See the reconciliations on pages 47 - 48.

Reclassification

Certain prior period information has been restated to conform to current period presentation.

37

Ameriprise Financial, Inc.

Glossary of Selected Terminology - Segments

Advice & Wealth Management - This segment provides financial planning and advice, as well as full service brokerage and banking services, primarily to retail clients through our financial advisors. Our affiliated financial advisors utilize a diversified selection of both proprietary and non-proprietary products to help clients meet their financial needs. A significant portion of revenues in this segment is fee-based, driven by the level of client assets, which is impacted by both market movements and net asset flows. We also earn net investment income on owned assets from primarily certificate and banking products. This segment earns revenues (distribution fees) for distributing non-proprietary products and earns intersegment revenues (distribution fees) for distributing our proprietary products and services to our retail clients. Intersegment expenses for this segment include expenses for investment management services provided by our Asset Management segment.

Asset Management - This segment provides investment advice and investment products to retail and institutional clients. Columbia Management Investment Advisors, formerly known as RiverSource Investments, predominantly provides U.S. domestic products and services and Threadneedle Asset Management Holdings Sàrl (Threadneedle) predominantly provides international investment products and services. U.S. Domestic retail products are distributed through our Advice & Wealth Management segment and also through unaffiliated advisors or other third parties, including distribution through Bank of America and its affiliates. International retail products are primarily distributed through third parties. Retail products include mutual funds, variable product funds underlying insurance and annuity separate accounts, separately managed accounts and collective funds. Asset Management products are also distributed directly to institutions through an institutional sales force. Institutional asset management products include traditional asset classes, separate accounts, collateralized loan obligations, hedge funds and property funds. Revenues in this segment are primarily earned as fees based on managed asset balances, which are impacted by both market movements and net asset flows. This segment earns intersegment revenue for investment management services. Intersegment expenses for this segment include distribution expenses for services provided by our Advice & Wealth Management, Annuities and Protection segments.

Annuities - This segment provides variable and fixed annuity products of RiverSource Life companies to retail clients primarily distributed through our affiliated financial advisors and to the retail clients of unaffiliated distributors through third-party distribution. Revenues for our variable annuity products are primarily earned as fees based on underlying account balances, which are impacted by both market movements and net asset flows. Revenues for our fixed annuity products are primarily earned as net investment income on assets supporting fixed account balances, with profitability significantly impacted by the spread between net investment income earned and interest credited on the fixed account balances. We also earn net investment income on owned assets supporting reserves for immediate annuities and for certain guaranteed benefits offered with variable annuities and on capital supporting the business. Intersegment revenues for this segment reflect fees paid by our Asset Management segment for marketing support and other services provided in connection with the availability of RiverSource Funds under the variable annuity contracts. Intersegment expenses for this segment include distribution expenses for services provided by our Advice & Wealth Management segment, as well as expenses for investment management services provided by our Asset Management segment.

Protection - This segment offers a variety of protection products to address the identified protection and risk management needs of our retail clients including life, disability income and property-casualty insurance. Life and disability income products are primarily distributed through our branded advisors. Our property-casualty products are sold direct, primarily through affinity relationships. We issue insurance policies through our life insurance subsidiaries and property casualty companies. The primary sources of revenues for this segment are premiums, fees, and charges that we receive to assume insurance-related risk. We earn net investment income on owned assets supporting insurance reserves and capital supporting the business. We also receive fees based on the level of assets supporting variable universal life separate account balances. This segment earns intersegment revenues from fees paid by the Asset Management segment for marketing support and other services provided in connection with the availability of RiverSource Funds and Columbia Funds under the variable universal life contracts. Intersegment expenses for this segment include distribution expenses for services provided by our Advice & Wealth Management segment, as well as expenses for investment management services provided by our Asset Management segment.

Corporate & Other - This segment consists of net investment income on corporate level assets, including excess capital held in our subsidiaries and other unallocated equity and other revenues from various investments as well as unallocated corporate expenses.

38

Ameriprise Financial, Inc.

Glossary of Selected Terminology

Administered Assets - Administered assets include assets for which we provide administrative services such as client assets invested in other companies’ products that we offer outside of our wrap accounts. These assets include those held in clients’ brokerage accounts. We do not exercise management discretion over these assets and do not earn a management fee. These assets are not reported on our Consolidated Balance Sheets.

Allocated Equity - The internal allocation of consolidated Ameriprise Financial shareholders’ equity, excluding accumulated other comprehensive income (loss) is based on management’s best estimate of capital required by the business, and may include capital for contingencies.  Equity is allocated to our operating segments for purposes of measuring segment return on allocated equity.  Allocated equity does not represent insurance company risk-based capital or other regulatory capital requirements applicable to us and certain of our subsidiaries.  For the Corporate & Other segment, allocated equity also includes any equity available after equity has been allocated to the operating segments.

Alternative Assets - Assets reported by the Company that include Hedge Funds and Collateralized Debt Obligations (“CDO”).

Ameriprise Financial - Ameriprise Financial includes ownership interests in subsidiaries that are attributable, directly or indirectly, to Ameriprise Financial, Inc. and excludes noncontrolling interests.

AOCI - Accumulated other comprehensive income (loss), net of tax.

Auto & Home Insurance - Personal auto and home protection products marketed directly to customers through marketing affiliates such as Costco Wholesale Corporation and Ford Motor Credit Company. We sell these products through our auto and home subsidiary, IDS Property Casualty Insurance Company (doing business as Ameriprise Auto & Home Insurance).

Book Value per Share - Total Ameriprise Financial shareholders’ equity divided by the number of basic common shares outstanding at period-end.

Cash Sales - Cash sales are the dollar value volume indicator that captures gross new cash inflows which generate product revenue streams to our company. This includes primarily “client initiated” activity that results in an incremental increase in assets (owned, managed or administered), or premiums in force (but doesn’t need to result in time of sale revenue), or activity that doesn’t increase assets or premiums in force, but generates “fee revenue”.

Consolidated Investment Entities (“CIEs”) - CIEs include certain property and hedge funds as well as the variable interest entities required to be consolidated under current accounting standards.

DAC Rollforward Other - We record unrealized securities gains (losses) in accumulated other comprehensive income (loss), net of income tax provision (benefit) and net of adjustments in other asset and liability balances, such as DAC, to reflect the expected impact on their carrying values had the unrealized securities gains (losses) been realized as of the respective balance sheet dates.

Debt to Total Capital Ratio - A ratio comprised of total long-term debt divided by Ameriprise Financial capital. We also present debt to capital ratios excluding non-recourse debt and equity of consolidated investment entities and a 75% equity credit for our junior subordinated debt.

Deferred Acquisition Costs and Amortization - Deferred acquisition costs (“DAC”) represent the costs of acquiring new protection, annuity and certain mutual fund business, principally direct sales commissions and other distribution and underwriting costs that have been deferred on the sale of annuity, life, disability income and long term care insurance and, to a lesser extent, deferred marketing and promotion expenses on auto and home insurance and deferred distribution costs on certain mutual fund products. These costs are deferred to the extent they are recoverable from future profits.

Financial Planning Penetration - The period-end number of current clients who have received a financial plan, or have entered into an agreement to receive and have paid for a financial plan, divided by the number of active retail client groups, serviced by branded financial advisors.

Life Insurance in force - The total amount of all life insurance death benefits currently insured by our company.

Managed Assets External Client - Managed external client assets include client assets for which we provide investment management services, such as the assets of the RiverSource, Seligman and Columbia families of mutual funds, assets of institutional clients and client assets held in wrap accounts (retail accounts for which we receive an advice fee based on assets held in the account).  Managed external client assets also include assets managed by sub-advisors selected by us. Managed external client assets are not reported on our Consolidated Balance Sheets.

Managed Assets Owned - Managed assets owned include certain assets on our Consolidated Balance Sheets for which we provide investment management services and recognize management fees, such as the assets of the general account and RiverSource Variable Product funds held in the separate account of our life insurance subsidiaries.

Net Amount at Risk - Life insurance in force less policyholder reserves net of re-insurance.

Net Flows - Sales less redemptions and miscellaneous flows which may include reinvested dividends.

Net Income (Loss) Margin - A ratio representing net income as a percentage of total net revenues.

Operating Earnings - Net income attributable to Ameriprise Financial less integration charges, net of tax, and realized gains, net of tax, plus realized losses, net of tax.

Operating Return on Allocated Equity - Calculated using operating earnings subject to the effective tax rate excluding CIEs for the last twelve months and the average allocated equity as of the last day of the trailing four quarters and current quarter end.

Operating Total Net Revenues - Total net revenues less realized gains plus realized losses.

Owned Assets - Owned assets include certain assets on our Consolidated Balance Sheets for which we do not provide investment management services and do not recognize management fees, such as investments in non-proprietary funds held in the separate accounts of our life insurance subsidiaries, as well as restricted and segregated cash and receivables.

Pretax Operating Earnings - Pretax segment income (loss) plus or minus net realized gains (losses), plus integration charges.

Pretax Operating Margin - A ratio representing pretax operating earnings as a percentage of total operating net revenues.

Pretax Segment Income (Loss) or Pretax Income (Loss) - Income (loss) before net income (loss) attributable to noncontrolling interests and income tax provision (benefit).

Pretax Segment Margin or Pretax Income (Loss) Margin - A ratio representing pretax income (loss) or pretax segment income (loss) as a percentage of total net revenues.

Return on Allocated Equity - Calculated using net income (loss) subject to the effective tax rate excluding CIEs for the last twelve months and the average allocated equity as of the last day of the trailing four quarters and current quarter end.

Securities America - Securities America, Inc. (“SAI”) is a registered broker-dealer and an insurance agency.

Separate Account - Represents assets and liabilities that are maintained and established primarily for the purpose of funding variable annuity and insurance products. The assets of the separate account are only available to fund the liabilities of the variable entity contract holders and others with contracts requiring premiums or other deposits to the separate account. Clients elect to invest premiums in stock, bond and/or money market funds depending on their risk tolerance. All investment performance, net of fees, is passed through to the client.

Threadneedle - Threadneedle Asset Management Holdings Sarl is a holding company for the London-based Threadneedle companies, which provide investment management products and services.

Total Capital - Total Ameriprise Financial shareholders’ equity plus total long-term debt. Total capital is also presented excluding non-recourse debt and CIEs.

Wrap Accounts - Wrap accounts enable our clients to purchase other securities such as mutual funds in connection with investment advisory fee-based “wrap account” programs or services. We offer clients the opportunity to select products that include proprietary and non-proprietary funds. We currently offer both discretionary and non-discretionary investment advisory wrap accounts. In a discretionary wrap account, an unaffiliated investment advisor or our investment management subsidiary, Columbia Management Investment Advisors, LLC chooses the underlying investments in the portfolio on behalf of the client. In a non-discretionary wrap account, the client chooses the underlying investments in the portfolio based, to the extent the client elects, in part or whole on the recommendations of their financial advisor. Investors in our wrap accounts generally pay an asset-based fee based on the assets held in their wrap accounts. These investors also pay any related fees or costs included in the underlying securities held in that account, such as underlying mutual fund operating expenses and Rule 12b-1 fees.

39

Exhibit A

Statistical Supplement Package

(unaudited)

Third Quarter 2010

Disclosed Items

40

Ameriprise Financial, Inc.

Disclosed Items

3 Qtr 2010

Excluded from Operating Earnings

	Advice & Wealth Management			Asset Management					Annuities			Corporate
	Integration			Securities		Integration			Securities			Securities
(in millions, unaudited)	Charges (2)			Gains/(Losses) (1)		Charges (2)			Gains/(Losses) (1)			Gains/(Losses) (1)		CIEs (3)
Revenues
Management and financial advice fees	$	—		$	—	$	—		$	—		$	—	$	—
Distribution fees	—			—		—			—			—		—
Net investment income	—			1		—			(1		)	2		17
Premiums	—			—		—			—			—		—
Other revenues	—			—		—			—			—		9
Total revenues	—			1		—			(1		)	2		26
Banking and deposit interest expense	—			—		—			—			—		—
Total net revenues	—			1		—			(1		)	2		26
Expenses
Distribution expenses	—			—		—			—			—		—
Interest credited to fixed accounts	—			—		—			—			—		—
Benefits, claims, losses and settlement expenses	—			—		—			—			—		—
Amortization of deferred acquisition costs	—			—		—			—			—		—
Interest and debt expense	—			—		—			—			—		45
General and administrative expense	1			—		18			—			—		13
Total expenses	1			—		18			—			—		58
Pretax segment income (loss)	(1		)	1		(18		)	(1		)	2		(32		)
Less: Net income (loss) attributable to noncontrolling interest	—			—		—			—			—		(32		)
Pretax segment gain (loss) attributable to Ameriprise Financial	$	(1	)	$	1	$	(18	)	$	(1	)	$	2	$	—

Included in Operating Earnings

	Annuities									Protection
	VA			Market			Valuation			Market			Valuation
	Guarantee			Impacts			Assumptions &			Impacts			Assumptions &
(in millions, unaudited)	Impacts (4)			to DAC/DSIC (5)			Model Changes (6)			to DAC/DSIC (5)			Model Changes (6)
Revenues
Management and financial advice fees	$	—		$	—		$	—		$	—		$	—
Distribution fees	—			—			—			—			—
Net investment income	—			—			—			—			—
Premiums	—			—			—			—			—
Other revenues	—			—			—			—			(20		)
Total revenues	—			—			—			—			(20		)
Banking and deposit interest expense	—			—			—			—			—
Total net revenues	—			—			—			—			(20		)
Expenses
Distribution expenses	—			—			—			—			—
Interest credited to fixed accounts	—			—			—			—			—
Benefits, claims, losses and settlement expenses	31			(5		)	210			—			44
Amortization of deferred acquisition costs	(9		)	(24		)	(315		)	(10		)	(15		)
Interest and debt expense	—			—			—			—			—
General and administrative expense	—			—			—			—			—
Total expenses	22			(29		)	(105		)	(10		)	29
Pretax segment income (loss)	(22		)	29			105			10			(49		)
Less: Net income (loss) attributable to noncontrolling interest	—			—			—			—			—
Pretax segment gain (loss) attributable to Ameriprise Financial	$	(22	)	$	29		$	105		$	10		$	(49	)

(1)Pretax net realized investment gains/(losses) on Available-for-Sale securities and other securities

(2)Non-recurring integration charges related to H&R Block Financial Advisors and Columbia Management acquisitions

(3)Reflects revenues and expenses of Consolidated Investment Entities

(4)Variable annuity guarantee impacts include:

$34 million net expense related to hedged variable annuity living benefits

$8 million decrease in DAC and DSIC amortization resulting from hedged living benefits offset

$4 million decrease in death and income benefit expenses due to higher equity market valuations

(5)Decrease in DAC and DSIC amortization from higher period ending account values and from the impact of variable annuity living benefit costs, net of hedges

(6)Net pretax impact of annual review/updating of valuation assumptions and model changes.  Net pretax impacts include:

$155 million benefit from persistency improvements

$85 million expense from resetting near-term equity return assumptions equal to the long-term assumptions and reducing both near- and long-term bond fund return assumptions

$14 million expense from all other assumption and model changes

41

Ameriprise Financial, Inc.

Disclosed Items

2 Qtr 2010

Excluded from Operating Earnings

	Advice & Wealth Management					Asset Management			Annuities		Protection		Corporate
	Securities		Integration			Integration			Securities		Securities		Securities		Integration
(in millions, unaudited)	Gains/(Losses) (1)		Charges (2)			Charges (2)			Gains/(Losses) (1)		Gains/(Losses) (1)		Gains/(Losses) (1)		Charges (2)			CIEs (3)
Revenues
Management and financial advice fees	$	—	$	—		$	—		$	—	$	—	$	—	$	—		$	—
Distribution fees	—		—			—			—		—		—		—			—
Net investment income	1		—			—			4		1		1		—			155
Premiums	—		—			—			—		—		—		—			—
Other revenues	—		—			—			—		—		—		—			46
Total revenues	1		—			—			4		1		1		—			201
Banking and deposit interest expense	—		—			—			—		—		—		—			—
Total net revenues	1		—			—			4		1		1		—			201
Expenses
Distribution expenses	—		—			—			—		—		—		—			—
Interest credited to fixed accounts	—		—			—			—		—		—		—			—
Benefits, claims, losses and settlement expenses	—		—			—			—		—		—		—			—
Amortization of deferred acquisition costs	—		—			—			—		—		—		—			—
Interest and debt expense	—		—			—			—		—		—		—			45
General and administrative expense	—		4			48			—		—		—		5			17
Total expenses	—		4			48			—		—		—		5			62
Pretax segment income (loss)	1		(4		)	(48		)	4		1		1		(5		)	139
Less: Net income (loss) attributable to noncontrolling interest	—		—			—			—		—		—		—			139
Pretax segment gain (loss) attributable to Ameriprise Financial	$	1	$	(4	)	$	(48	)	$	4	$	1	$	1	$	(5	)	$	—

Included in Operating Earnings

	Annuities												Protection									Corporate
	VA			Market									Market
	Guarantee			Impacts			Implementation			DAC/DSIC Model			Impacts			Implementation			DAC/DSIC Model			RiverSource
(in millions, unaudited)	Impacts (4)			to DAC/DSIC (5)			of EPN (6)			Updates (7)			to DAC/DSIC (5)			of EPN (6)			Updates (7)			2a-7 Fund (8)
Revenues
Management and financial advice fees	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—
Distribution fees	—			—			—			—			—			—			—			—
Net investment income	—			—			—			—			—			—			—			—
Premiums	—			—			—			—			—			—			—			—
Other revenues	—			—			—			—			—			—			—			—
Total revenues	—			—			—			—			—			—			—			—
Banking and deposit interest expense	—			—			—			—			—			—			—			—
Total net revenues	—			—			—			—			—			—			—			—
Expenses
Distribution expenses	—			—			—			—			—			—			—			—
Interest credited to fixed accounts	—			—			—			—			—			—			—			—
Benefits, claims, losses and settlement expenses	(64		)	6			17			(5		)	—			—			—			—
Amortization of deferred acquisition costs	39			29			(11		)	(21		)	4			(6		)	(7		)	—
Interest and debt expense	—			—			—			—			—			—			—			—
General and administrative expense	—			—			—			—			—			—			—			8
Total expenses	(25		)	35			6			(26		)	4			(6		)	(7		)	8
Pretax segment income (loss)	25			(35		)	(6		)	26			(4		)	6			7			(8		)
Less: Net income (loss) attributable to noncontrolling interest	—			—			—			—			—			—			—			—
Pretax segment gain (loss) attributable to Ameriprise Financial	$	25		$	(35	)	$	(6	)	$	26		$	(4	)	$	6		$	7		$	(8	)

(1)Pretax net realized investment gains/(losses) on Available-for-Sale securities and other securities.

(2)Non-recurring integration charges related to H&R Block Financial Advisors and Columbia Management acquisitions.

(3)Reflects revenues and expenses of Consolidated Investment Entities.

(4)Variable annuity guarantee impacts include:

$ 74 million net benefit related to hedged variable annuity living benefits.

$ 49 million increase in DAC and DSIC amortization resulting from hedged living benefits offset.

(5)Increase in DAC and DSIC amortization from lower period ending account values.

(6)Increase / (decrease) in expense related to the implementation of Enhanced Portfolio Navigator (EPN).

(7)Revisions to certain calculations in the valuation of DAC and DSIC.

(8)Expenses to support $1 Net Asset Value of RiverSource money market funds.

42

Ameriprise Financial, Inc.

Disclosed Items

1 Qtr 2010

Excluded from Operating Earnings

	Advice & Wealth Management						Asset Management					Annuities		Protection		Corporate
	Securities			Integration			Securities		Integration			Securities		Securities		Securities
(in millions, unaudited)	Gains/(Losses) (1)			Charges (2)			Gains/(Losses) (1)		Charges (2)			Gains/(Losses) (1)		Gains/(Losses) (1)		Gains/(Losses) (1)		CIEs (3)
Revenues
Management and financial advice fees	$	—		$	—		$	—	$	—		$	—	$	—	$	—	$	—
Distribution fees	—			—			—		—			—		—		—		—
Net investment income	(1		)	—			1		—			3		1		1		79
Premiums	—			—			—		—			—		—		—		—
Other revenues	—			—			—		—			—		—		—		57
Total revenues	(1		)	—			1		—			3		1		1		136
Banking and deposit interest expense	—			—			—		—			—		—		—		—
Total net revenues	(1		)	—			1		—			3		1		1		136
Expenses
Distribution expenses	—			—			—		—			—		—		—		—
Interest credited to fixed accounts	—			—			—		—			—		—		—		—
Benefits, claims, losses and settlement expenses	—			—			—		—			—		—		—		—
Amortization of deferred acquisition costs	—			—			—		—			—		—		—		—
Interest and debt expense	—			—			—		—			—		—		—		40
General and administrative expense	—			2			—		5			—		—		—		14
Total expenses	—			2			—		5			—		—		—		54
Pretax segment income (loss)	(1		)	(2		)	1		(5		)	3		1		1		82
Less: Net income (loss) attributable to noncontrolling interest	—			—			—		—			—		—		—		82
Pretax segment gain (loss) attributable to Ameriprise Financial	$	(1	)	$	(2	)	$	1	$	(5	)	$	3	$	1	$	1	$	—

Included in Operating Earnings

	Advice & Wealth Management		Asset Management			Annuities			Corporate
	Reserve		Threadneedle			VA Cash			Reserve
(in millions, unaudited)	Fund (4)		Valuation (5)			Impact (6)			Fund (4)
Revenues
Management and financial advice fees	$	—	$	—		$	—		$	—
Distribution fees	—		—			—			—
Net investment income	2		—			(5		)	—
Premiums	—		—			—			—
Other revenues	—		—			—			20
Total revenues	2		—			(5		)	20
Banking and deposit interest expense	—		—			—			—
Total net revenues	2		—			(5		)	20
Expenses
Distribution expenses	—		—			—			—
Interest credited to fixed accounts	—		—			—			—
Benefits, claims, losses and settlement expenses	—		—			—			—
Amortization of deferred acquisition costs	—		—			—			—
Interest and debt expense	—		—			—			—
General and administrative expense	—		27			—			—
Total expenses	—		27			—			—
Pretax segment income (loss)	2		(27		)	(5		)	20
Less: Net income (loss) attributable to noncontrolling interest	—		—			—			—
Pretax segment gain (loss) attributable to Ameriprise Financial	$	2	$	(27	)	$	(5	)	$	20

(1)Pretax net realized investment gains/(losses) on Available-for-Sale securities and other securities.

(2)Non-recurring integration charges related to  H&R Block Financial Advisors and Columbia Management acquisitions.

(3)Reflects revenues and expenses of Consolidated Investment Entities.

(4)Benefit from payments by the Reserve Fund.

(5)Impact related to Threadneedle’s estimated change in market valuation attributable to its employee incentive compensation program.

(6)Impact from raising cash in preparation for the introduction of enhanced variable annuity features.

43

Ameriprise Financial, Inc.

Disclosed Items

4 Qtr 2009

Excluded from Operating Earnings

	Advice & Wealth Management						Asset Management			Annuities		Protection		Corporate
	Securities			Integration			Integration			Securities		Securities		Securities
(in millions, unaudited)	Gains/(Losses) (1)			Charges (2)			Charges (2)			Gains/(Losses) (1)		Gains/(Losses) (1)		Gains/(Losses) (1)			CIEs (3)
Revenues
Management and financial advice fees	$	—		$	—		$	—		$	—	$	—	$	—		$	—
Distribution fees	—			—			—			—		—		—			—
Net investment income	(2		)	—			—			16		13		(9		)	1
Premiums	—			—			—			—		—		—			—
Other revenues	—			—			—			—		—		—			43
Total revenues	(2		)	—			—			16		13		(9		)	44
Banking and deposit interest expense	—			—			—			—		—		—			3
Total net revenues	(2		)	—			—			16		13		(9		)	41
Expenses
Distribution expenses	—			—			—			—		—		—			—
Interest credited to fixed accounts	—			—			—			—		—		—			—
Benefits, claims, losses and settlement expenses	—			—			—			—		—		—			—
Amortization of deferred acquisition costs	—			—			—			—		—		—			—
Interest and debt expense	—			—			—			—		—		—			—
General and administrative expense	—			15			7			—		—		—			4
Total expenses	—			15			7			—		—		—			4
Pretax segment income (loss)	(2		)	(15		)	(7		)	16		13		(9		)	37
Less: Net income (loss) attributable to noncontrolling interest	—			—			—			—		—		—			37
Pretax segment gain (loss) attributable to Ameriprise Financial	$	(2	)	$	(15	)	$	(7	)	$	16	$	13	$	(9	)	$	—

Included in Operating Earnings

	Asset Management		Annuities						Protection						Corporate
	Hedge Fund		VA			Market			Market
	Performance		Guarantee			Impacts			Impacts			Reserve			Legal
(in millions, unaudited)	Fees (4)		Impacts (5)			to DAC/DSIC (6)			to DAC/DSIC (6)			Increase (7)			Expenses (8)
Revenues
Management and financial advice fees	*		$	—		$	—		$	—		$	—		$	—
Distribution fees	—		—			—			—			—			—
Net investment income	—		—			—			—			—			—
Premiums	—		—			—			—			—			—
Other revenues	—		—			—			—			—			—
Total revenues	—		—			—			—			—			—
Banking and deposit interest expense	—		—			—			—			—			—
Total net revenues	—		—			—			—			—			—
Expenses
Distribution expenses	—		—			—			—			—			—
Interest credited to fixed accounts	—		—			—			—			—			—
Benefits, claims, losses and settlement expenses	—		5			—			—			14			—
Amortization of deferred acquisition costs	—		—			(3		)	(1		)	—			—
Interest and debt expense	—		—			—			—			—			—
General and administrative expense	*		—			—			—			—			19
Total expenses	—		5			(3		)	(1		)	14			19
Pretax segment income (loss)	—		(5		)	3			1			(14		)	(19		)
Less: Net income (loss) attributable to noncontrolling interest	—		—			—			—			—			—
Pretax segment gain (loss) attributable to Ameriprise Financial	$	30	$	(5	)	$	3		$	1		$	(14	)	$	(19	)

(1)Pretax net realized investment gains/(losses) on Available-for-Sale securities and other securities.

(2)Non-recurring integration charges related to J. & W. Seligman & Co., H&R Block Financial Advisors and Columbia Management acquisitions.

(3)Reflects revenues and expenses of Consolidated Investment Entities.

(4)The company has chosen not to disclose the gross revenue and expense amounts for competitive reasons, but instead has shown the net PTI impact.

(5)Variable annuity guarantee impacts include:

$ 3 million net expense related to hedged variable annuity living benefits.

$ 2 million increase in death and income benefit expenses due to higher equity market valuations.

(6)Decrease in DAC and DSIC amortization from higher period ending account values.

(7)Increase in VUL/UL reserves related to modeling assumptions.

(8)Increase in legal expenses related to a previously disclosed client mediation.

44

Ameriprise Financial, Inc.

Disclosed Items

3 Qtr 2009

Excluded from Operating Earnings

	Advice & Wealth Management					Asset Management			Protection		Corporate
	Securities		Integration			Integration			Securities		Securities		Integration
(in millions, unaudited)	Gains/(Losses) (1)		Charges (2)			Charges (2)			Gains/(Losses) (1)		Gains/(Losses) (1)		Charges (2)			CIEs (3)
Revenues
Management and financial advice fees	$	—	$	—		$	—		$	—	$	—	$	—		$	—
Distribution fees	—		—			—			—		—		—			—
Net investment income	5		—			—			7		2		—			(1		)
Premiums	—		—			—			—		—		—			—
Other revenues	—		—			—			—		—		—			4
Total revenues	5		—			—			7		2		—			3
Banking and deposit interest expense	—		—			—			—		—		—			1
Total net revenues	5		—			—			7		2		—			2
Expenses
Distribution expenses	—		—			—			—		—		—			—
Interest credited to fixed accounts	—		—			—			—		—		—			—
Benefits, claims, losses and settlement expenses	—		—			—			—		—		—			—
Amortization of deferred acquisition costs	—		—			—			—		—		—			—
Interest and debt expense	—		—			—			—		—		—			—
General and administrative expense	—		21			7			—		—		4			2
Total expenses	—		21			7			—		—		4			2
Pretax segment income (loss)	5		(21		)	(7		)	7		2		(4		)	—
Less: Net income (loss) attributable to noncontrolling interest	—		—			—			—		—		—			—
Pretax segment gain (loss) attributable to Ameriprise Financial	$	5	$	(21	)	$	(7	)	$	7	$	2	$	(4	)	$	—

Included in Operating Earnings

	Asset Management			Annuities									Protection						Corporate
				VA			Market						Market
	Legal			Guarantee			Impacts			Valuation			Impacts			Valuation			Debt Retirement			RiverSource
(in millions, unaudited)	Expenses (4)			Impacts (5)			to DAC/DSIC (6)			Assumptions (7)			to DAC/DSIC (6)			Assumptions (7)			Costs (8)			2a-7 Fund (9)
Revenues
Management and financial advice fees	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—
Distribution fees	—			—			—			—			—			—			—			—
Net investment income	—			—			—			—			—			—			—			—
Premiums	—			—			—			—			—			—			—			—
Other revenues	—			—			—			—			—			(65		)	—			—
Total revenues	—			—			—			—			—			(65		)	—			—
Banking and deposit interest expense	—			—			—			—			—			—			—			—
Total net revenues	—			—			—			—			—			(65		)	—			—
Expenses
Distribution expenses	—			—			—			—			—			—			—			—
Interest credited to fixed accounts	—			—			—			—			—			—			—			—
Benefits, claims, losses and settlement expenses	—			52			(4		)	(47		)	—			(33		)	—			—
Amortization of deferred acquisition costs	—			(53		)	(22		)	(64		)	(1		)	(55		)	—			—
Interest and debt expense	—			—			—			—			—			—			13			—
General and administrative expense	10			—			—			—			—			—			—			10
Total expenses	10			(1		)	(26		)	(111		)	(1		)	(88		)	13			10
Pretax segment income (loss)	(10		)	1			26			111			1			23			(13		)	(10		)
Less: Net income (loss) attributable to noncontrolling interest	—			—			—			—			—			—			—			—
Pretax segment gain (loss) attributable to Ameriprise Financial	$	(10	)	$	1		$	26		$	111		$	1		$	23		$	(13	)	$	(10	)

(1)Pretax net realized investment gains/(losses) on Available-for-Sale securities and other securities.

(2)Non-recurring integration charges related to J. & W. Seligman & Co., H&R Block Financial Advisors and Columbia Management acquisitions.

(3)Reflects revenues and expenses of Consolidated Investment Entities.

(4)Increase in legal expenses related to a previously disclosed client mediation.

(5)Variable annuity guarantee impacts include:

$ 66 million net expense related to hedged variable annuity living benefits.

$ 63 million decrease in DAC and DSIC amortization resulting from hedged living benefits offset.

$ 4 million decrease in death and income benefit expenses due to higher equity market valuations.

(6)   Decrease in DAC and DSIC amortization from higher period ending account values and from the impact of variable annuity living benefit costs, net of hedges.

(7)   Net pretax impact of annual review/updating of valuation assumptions.

(8)   Costs related to the early retirement of $450 million of the company’s notes due in 2010.

(9)   Expenses to support $1 Net Asset Value of RiverSource money market funds.

45

Exhibit B

Statistical Supplement Package

(unaudited)

Third Quarter 2010

Reconciliation of GAAP Metrics to Operating Metrics

46

Ameriprise Financial, Inc.

Reconciliation of GAAP Metrics to Operating Metrics

Third Quarter 2010

																Year-to-Date
(in millions unless otherwise noted, unaudited)	3 Qtr 2009			4 Qtr 2009			1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			2009			2010
Total revenues	$	1,946		$	2,269		$	2,271		$	2,577		$	2,450		$	5,536		$	7,298
Less CIEs	2			40			127			191			17			(18		)	335
Plus Realized gains (losses)	(14		)	(18		)	(5		)	(7		)	(2		)	(35		)	(14		)
Operating total net revenues	$	1,930		$	2,211		$	2,139		$	2,379		$	2,431		$	5,519		$	6,949
Pretax income	$	340		$	331		$	361		$	466		$	442		$	589		$	1,269
Less CIEs	—			37			82			139			(32		)	(22		)	189
Pretax earnings excluding CIEs	340			294			279			327			474			611			1,080
Income tax provision	80			57			65			68			130			126			263
Net income	260			237			214			259			344			485			817
Integration charges net of tax using the statutory rate of 35%	21			15			4			37			12			49			53
Realized (gains) losses net of tax using the statutory rate of 35%	(9		)	(12		)	(3		)	(5		)	(1		)	(22		)	(9		)
Operating earnings	$	272		$	240		$	215		$	291		$	355		$	512		$	861
Pretax income	$	340		$	331		$	361		$	466		$	442		$	589		$	1,269
Less CIEs	—			37			82			139			(32		)	(22		)	189
Pretax earnings excluding CIEs	340			294			279			327			474			611			1,080
Integration charges	32			22			7			57			19			76			83
Realized (gains) losses	(14		)	(18		)	(5		)	(7		)	(2		)	(35		)	(14		)
Pretax operating earnings	$	358		$	298		$	281		$	377		$	491		$	652		$	1,149
Margin	13.4		%	10.4		%	9.4		%	10.1		%	14.0		%	8.8		%	11.2		%
Pretax operating margin	18.5		%	13.5		%	13.1		%	15.8		%	20.2		%	11.8		%	16.5		%
Operating margin	14.1		%	10.9		%	10.1		%	12.2		%	14.6		%	9.3		%	12.4		%
Weighted average common shares outstanding
Basic	258.7			258.9			260.8			261.1			255.3			236.6			259.0
Diluted	260.7			263.3			265.0			265.3			259.9			238.0			263.4
Basic earnings per share	$	1.00		$	0.92		$	0.82		$	0.99		$	1.35		$	2.05		$	3.15
Earnings per diluted share	$	1.00		$	0.90		$	0.81		$	0.98		$	1.32		$	2.04		$	3.10
Basic operating earnings per share	$	1.05		$	0.93		$	0.83		$	1.11		$	1.39		$	2.16		$	3.32
Operating earnings per diluted share	$	1.04		$	0.91		$	0.81		$	1.10		$	1.37		$	2.15		$	3.27

47

Ameriprise Financial, Inc.

Reconciliation of GAAP Metrics to Operating Metrics

Third Quarter 2010

	September 30,			December 31,			March 31,			June 30,			September 30,
	2009			2009			2010			2010			2010
Long-term Debt Summary
Senior notes	$	1,540		$	1,540		$	2,284		$	2,356		$	2,407
Junior subordinated notes	322			322			322			322			322
Total long-term debt excluding non-recourse debt	1,862			1,862			2,606			2,678			2,729
Non-recourse debt for inverse floaters	6			6			6			6			6
Total Ameriprise Financial long-term debt	1,868			1,868			2,612			2,684			2,735
Less Junior subordinated notes 75% equity credit	242			242			242			242			242
Less non-recourse debt for inverse floaters	6			6			6			6			6
Total long-term debt excluding non-recourse debt and 75% equity credit	$	1,620		$	1,620		$	2,364		$	2,436		$	2,487
Total equity	$	9,390		$	9,872		$	10,696		$	11,119		$	11,504
Less Noncontrolling interests	345			603			592			621			554
Total Ameriprise Financial shareholders’ equity	9,045			9,269			10,104			10,498			10,950
Less Equity of consolidated investment entities	—			—			482			596			561
Total equity excluding CIEs	$	9,045		$	9,269		$	9,622		$	9,902		$	10,389
Total Ameriprise Financial long-term debt	$	1,868		$	1,868		$	2,612		$	2,684		$	2,735
Total Ameriprise Financial shareholders’ equity	9,045			9,269			10,104			10,498			10,950
Total Ameriprise Financial capital	10,913			11,137			12,716			13,182			13,685
Less non-recourse debt for inverse floaters	6			6			6			6			6
Less equity of consolidated investment entities	—			—			482			596			561
Total capital excluding non-recourse debt and equity of CIEs	$	10,907		$	11,131		$	12,228		$	12,580		$	13,118
Debt to total capital of Ameriprise Financial	17.1		%	16.8		%	20.5		%	20.4		%	20.0		%
Debt to total capital excluding non-recourse debt and equity of CIEs	17.1		%	16.7		%	21.3		%	21.3		%	20.8		%
Debt to total capital excluding non-recourse debt and equity of CIEs and 75% equity credit	14.9		%	14.6		%	19.3		%	19.4		%	19.0		%
Ameriprise Financial shareholders’ equity	$	9,045		$	9,269		$	10,104		$	10,498		$	10,950
AOCI	279			265			367			607			897
Appropriated retained earnings of CIEs	—			—			508			620			590
AOCI attributable to CIEs	—			—			26			24			29
Ameriprise Financial shareholders’ equity	$	9,045		$	9,269		$	10,104		$	10,498		$	10,950
Less AOCI	279			265			367			607			897
Ameriprise Financial shareholders’ equity excluding AOCI	$	8,766		$	9,004		$	9,737		$	9,891		$	10,053
Ameriprise Financial shareholders’ equity	$	9,045		$	9,269		$	10,104		$	10,498		$	10,950
Less Appropriated retained earnings of CIEs	—			—			508			620			590
Plus AOCI attributable to CIEs	—			—			26			24			29
Ameriprise Financial shareholders’ equity excluding CIEs	$	9,045		$	9,269		$	9,622		$	9,902		$	10,389
Ameriprise Financial shareholders’ equity	$	9,045		$	9,269		$	10,104		$	10,498		$	10,950
Less Appropriated retained earnings of CIEs	—			—			508			620			590
Less AOCI	279			265			367			607			897
Ameriprise Financial shareholders’ equity excluding CIEs and AOCI	$	8,766		$	9,004		$	9,229		$	9,271		$	9,463

48