Exhibit 99.2

Statistical Supplement Package

(unaudited)

Second Quarter 2011

1

Ameriprise Financial, Inc.

Statistical Supplement Information

Table of Contents

	Page
Ameriprise Financial, Inc.
Statistical Supplement Presentation	4
Consolidated GAAP Income Statements	5
GAAP to Operating Reconciliation	6
Operating Income Statements	7
Highlights	9
Common Share, Per Share and Capital Summary	10
Segment Summary	11
Advice & Wealth Management Segment
Segment Operating Income Statements	14
Segment Metrics	15
Asset Management Segment
Segment Operating Income Statements	17
Segment Metrics	18
Columbia Asset Management Products	19
Threadneedle Asset Management Products	20
Retail Fund Performance - Columbia	21
Retail Fund Performance - Threadneedle	22
Annuities Segment
Segment Operating Income Statements	24
Segment Metrics	25
Protection Segment
Segment Operating Income Statements	27
Segment Metrics	28
Corporate & Other Segment
Segment Operating Income Statements	30
Eliminations
Operating Income Statements	31
Balance Sheet and Ratings Information
Consolidated Balance Sheets	33
Capital and Ratings Information	34
Investments	35
Non-GAAP Financial Information	36
Glossary of Selected Terminology
Glossary of Selected Terminology - Segments	37
Glossary of Selected Terminology	38
Exhibit A
Disclosed Items	40
Exhibit B
Reconciliation of GAAP Segment Income Statements to Segment Operating Income Statements	46
Reconciliation of GAAP Metrics to Operating Metrics	48

2

Statistical Supplement Package

(unaudited)

Second Quarter 2011

Consolidated Results

3

Ameriprise Financial, Inc.

Statistical Supplement Presentation

Second Quarter 2011

Ameriprise Financial, Inc. (“Ameriprise Financial” or “the Company”) prepares its financial statements in accordance with generally accepted accounting principles (“GAAP”). Management believes that operating measures best reflect the underlying performance of the Company and facilitate a more meaningful trend analysis.  Accordingly, this Statistical Supplement Package presents the Company’s operating results and related operating metrics.  Reconciliations to GAAP measures are provided on page 6 and in Exhibit B “Reconciliation of GAAP Metrics to Operating Metrics” beginning on page 46.

Effective for second quarter 2011, management made certain changes in its Statistical Supplement Package:

*Transferred the results of operations attributable to Securities America from the Corporate & Other segment to discontinued operations and restated all periods presented.

Management views the operating measures as a more meaningful presentation of its results for purposes of analyzing the operating performance of its segments, as well as presenting results on a basis more consistent with the economics of the businesses.  Operating measures exclude the impact of consolidating certain investment entities (“CIEs”), net realized gains or losses, market impact on variable annuity guaranteed living benefits, discontinued operations and integration and restructuring charges.  Management uses certain of these non-GAAP measures to evaluate its financial performance on a basis comparable to that used by some securities analysts and investors.

Operating earnings are adjusted to exclude the market impact on variable annuity guaranteed living benefits.  The market impact includes changes in liability values caused by changes in financial market conditions, net of changes in associated hedge asset values.  The market impact also includes certain valuation adjustments made in accordance with Financial Accounting Standards Board Accounting Standards Codification 820, Fair Value Measurements and Disclosures (“FAS 157”), including the impact on liability values of discounting projected benefits to reflect a current estimate of RiverSource Life’s nonperformance spread.  Further, the market impact is net of related impacts on DAC and DSIC amortization.  The market impact relates to guaranteed minimum accumulation benefits and non-life contingent guaranteed minimum withdrawal benefits accounted for at fair value as embedded derivatives.

In addition, management uses adjusted net pretax operating margin in the Asset Management segment to evaluate segment performance on a basis comparable to other asset managers.  In the Asset Management segment, operating revenues are adjusted to exclude distribution pass through revenues and subadvisory and other pass through revenues, and operating earnings are adjusted to exclude operating net investment income and amortization of intangibles.

4

Ameriprise Financial, Inc.

Consolidated GAAP Income Statements

Second Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 2Q					YTD Chg - 2Q					Seq Qtr Chg - 2Q
(in millions unless otherwise noted, unaudited)	2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Revenues
Management and financial advice fees	$	910		$	996		$	1,146		$	1,137		$	1,172		$	1,642		$	2,309		$	262		29	%	$	667		41	%	$	35		3	%
Distribution fees	387			349			385			397			416			713			813			29			7	%	100			14	%	19			5	%
Net investment income	655			525			540			515			498			1,244			1,013			(157		)	(24	)%	(231		)	(19	)%	(17		)	(3	)%
Premiums	299			303			295			292			312			581			604			13			4	%	23			4	%	20			7	%
Other revenues	231			176			206			204			236			481			440			5			2	%	(41		)	(9	)%	32			16	%
Total revenues	2,482			2,349			2,572			2,545			2,634			4,661			5,179			152			6	%	518			11	%	89			3	%
Banking and deposit interest expense	20			15			14			13			11			41			24			(9		)	(45	)%	(17		)	(41	)%	(2		)	(15	)%
Total net revenues	2,462			2,334			2,558			2,532			2,623			4,620			5,155			161			7	%	535			12	%	91			4	%
Expenses
Distribution expenses	528			519			582			619			643			964			1,262			115			22	%	298			31	%	24			4	%
Interest credited to fixed accounts	231			227			223			207			212			459			419			(19		)	(8	)%	(40		)	(9	)%	5			2	%
Benefits, claims, losses and settlement expenses	297			636			465			382			406			649			788			109			37	%	139			21	%	24			6	%
Amortization of deferred acquisition costs	171			(246		)	84			116			138			289			254			(33		)	(19	)%	(35		)	(12	)%	22			19	%
Interest and debt expense	74			74			78			75			75			138			150			1			1	%	12			9	%	—			—
General and administrative expense	699			678			758			746			750			1,301			1,496			51			7	%	195			15	%	4			1	%
Total expenses	2,000			1,888			2,190			2,145			2,224			3,800			4,369			224			11	%	569			15	%	79			4	%
Income from continuing operations before income tax provision	462			446			368			387			399			820			786			(63		)	(14	)%	(34		)	(4	)%	12			3	%
Income tax provision	66			132			88			93			114			130			207			48			73	%	77			59	%	21			23	%
Income from continuing operations	396			314			280			294			285			690			579			(111		)	(28	)%	(111		)	(16	)%	(9		)	(3	)%
Income (loss) from discontinued operations, net of tax	2			(2		)	(26		)	(71		)	(4		)	4			(75		)	(6		)		#	(79		)		#	67			94	%
Net income	398			312			254			223			281			694			504			(117		)	(29	)%	(190		)	(27	)%	58			26	%
Less: Net income (loss) attributable to noncontrolling interests	139			(32		)	(26		)	(18		)	(28		)	221			(46		)	(167		)		#	(267		)		#	(10		)	(56	)%
Net income attributable to Ameriprise Financial	$	259		$	344		$	280		$	241		$	309		$	473		$	550		$	50		19	%	$	77		16	%	$	68		28	%
Earnings Per Share
Basic earnings per share (6)	$	0.98		$	1.36		$	1.21		$	1.24		$	1.28		$	1.80		$	2.51		$	0.30		31	%	$	0.71		39	%	$	0.04		3	%
Earnings per diluted share (7)	$	0.97		$	1.33		$	1.18		$	1.21		$	1.25		$	1.77		$	2.46		$	0.28		29	%	$	0.69		39	%	$	0.04		3	%
GAAP Metrics
Net revenue growth	39.2		%	26.5		%	18.6		%	17.3		%	6.5		%	36.0		%	11.6		%	(32.7		)%			(24.4		)%			(10.8		)%
Return on equity excluding AOCI (1)(4)	10.6		%	11.2		%	11.6		%	12.3		%	12.8		%	10.6		%	12.8		%	2.2		%			2.2		%			0.5		%
Earnings per diluted share growth	NM			33.0		%	31.1		%	51.3		%	28.9		%	78.8		%	39.0		%	NM					(39.8		)%			(22.4		)%
Pretax income margin (5)	18.8		%	19.1		%	14.4		%	15.3		%	15.2		%	17.7		%	15.2		%	(3.6		)%			(2.5		)%			(0.1		)%
Effective tax rate	14.3		%	29.7		%	24.1		%	23.9		%	28.7		%	15.8		%	26.4		%	14.4		%			10.6		%			4.8		%
Effective tax rate excluding CIEs (1)	20.4		%	27.7		%	22.5		%	22.9		%	26.8		%	21.6		%	24.9		%	6.4		%			3.3		%			3.9		%
Ameriprise Financial shareholders’ equity	$	10,498		$	10,950		$	10,725		$	10,551		$	10,548		$	10,498		$	10,548		$	50		—		$	50		—		$	(3	)	—
Ameriprise Financial shareholders’ equity from continuing operations excluding AOCI (1)	$	9,786		$	9,948		$	10,066		$	10,033		$	9,943		$	9,786		$	9,943		$	157		2	%	$	157		2	%	$	(90	)	(1	)%
Ameriprise Financial shareholders’ equity from continuing operations excluding AOCI - 5 point avg. (1)	$	9,076		$	9,387		$	9,667		$	9,893		$	9,955		$	9,076		$	9,955		$	879		10	%	$	879		10	%	$	62		1	%
Ameriprise Financial shareholders’ equity / outstanding shares (2)	$	40.85		$	43.16		$	42.61		$	42.49		$	43.50		$	40.85		$	43.50		$	2.65		6	%	$	2.65		6	%	$	1.01		2	%
Ameriprise Financial shareholders’ equity from continuing operations excluding AOCI / outstanding shares (3)	$	38.08		$	39.21		$	39.99		$	40.41		$	41.00		$	38.08		$	41.00		$	2.92		8	%	$	2.92		8	%	$	0.59		1	%

(1) See non-GAAP financial information on pg 36.

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

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

(4) Calculated using income from continuing operations less net income (loss) attributable to noncontrolling interests for the last twelve months in the numerator and the average Ameriprise Financial shareholders’ equity from continuing operations excluding AOCI as of the last day of the trailing four quarters and current quarter in the denominator.

(5) Calculated as income from continuing operations before income tax provision divided by total net revenues.

(6) Calculated as income from continuing operations less net income (loss) attributable to noncontrolling interests divided by the weighted average basic common shares outstanding.

(7) Calculated as income from continuing operations less net income (loss) attributable to noncontrolling interests divided by the weighted average diluted shares outstanding.

# Variance of greater than 100%.

NM Not Meaningful

5

Ameriprise Financial, Inc.

GAAP to Operating Reconciliation

Second Quarter 2011

																Year-to-Date
(in millions unless otherwise noted, unaudited)	2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			2010			2011
Pretax operating earnings (1)	$	346		$	487		$	446		$	450		$	449		$	641		$	899
Income taxes, applicable to operating earnings (2)	74			135			106			109			121			145			230
Operating earnings (1)	272			352			340			341			328			496			669
Reconciling items:
Management and financial advice fees
Management fees earned by the Company from the CIEs	(10		)	(9		)	(10		)	(10		)	(10		)	(19		)	(20		)
Net investment income
Net investment income attributable to the CIEs	155			17			24			27			17			234			44
Realized gains (losses)	7			2			19			1			6			12			7
Other revenues
Other revenues attributable to the CIEs	46			9			13			20			18			103			38
Benefits, claims, losses and settlement expenses
Market impact on Variable Annuity guaranteed living benefits	68			18			(72		)	(27		)	(7		)	45			(34		)
Amortization of deferred acquisition costs
Market impact on Variable Annuity guaranteed living benefits	(41		)	(10		)	29			10			—			(35		)	10
Interest and debt expense
Interest and debt expense attributable to the CIEs	(45		)	(45		)	(51		)	(50		)	(51		)	(85		)	(101		)
General and administrative expense
Integration and restructuring charges	(57		)	(19		)	(28		)	(29		)	(21		)	(64		)	(50		)
General and administrative expense attributable to the CIEs	(7		)	(4		)	(2		)	(5		)	(2		)	(12		)	(7		)
Total reconciling items from continuing operations, before income taxes	116			(41		)	(78		)	(63		)	(50		)	179			(113		)
Income taxes, not applicable to operating earnings (3)	8			3			18			16			7			15			23
Total reconciling items from continuing operations, after income taxes	124			(38		)	(60		)	(47		)	(43		)	194			(90		)
Income from continuing operations	396			314			280			294			285			690			579
Income from discontinued operations, net of tax	2			(2		)	(26		)	(71		)	(4		)	4			(75		)
Net income	398			312			254			223			281			694			504
Less: Net income (loss) attributable to noncontrolling interests	139			(32		)	(26		)	(18		)	(28		)	221			(46		)
Net income attributable to Ameriprise Financial	$	259		$	344		$	280		$	241		$	309		$	473		$	550

(1)  See non-GAAP financial information on pg 36.

(2)  Calculated using the operating effective tax rate.

(3)  Calculated as the difference between the income tax provision on a GAAP basis and the income tax provision calculated using the operating effective tax rate.

6

Ameriprise Financial, Inc.

Operating Income Statements

Second Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr  Chg - 2Q					YTD  Chg - 2Q					Seq  Qtr Chg - 2Q
(in millions unless otherwise noted, unaudited)	2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Revenues
Management and financial advice fees	$	920		$	1,005		$	1,156		$	1,147		$	1,182		$	1,661		$	2,329		$	262		28	%	$	668		40	%	$	35		3	%
Distribution fees	387			349			385			397			416			713			813			29			7	%	100			14	%	19			5	%
Net investment income	493			506			497			487			475			998			962			(18		)	(4	)%	(36		)	(4	)%	(12		)	(2	)%
Premiums	299			303			295			292			312			581			604			13			4	%	23			4	%	20			7	%
Other revenues	185			167			193			184			218			378			402			33			18	%	24			6	%	34			18	%
Total revenues	2,284			2,330			2,526			2,507			2,603			4,331			5,110			319			14	%	779			18	%	96			4	%
Banking and deposit interest expense	20			15			14			13			11			41			24			(9		)	(45	)%	(17		)	(41	)%	(2		)	(15	)%
Operating total net revenues (1)	2,264			2,315			2,512			2,494			2,592			4,290			5,086			328			14	%	796			19	%	98			4	%
Expenses
Distribution expenses	528			519			582			619			643			964			1,262			115			22	%	298			31	%	24			4	%
Interest credited to fixed accounts	231			227			223			207			212			459			419			(19		)	(8	)%	(40		)	(9	)%	5			2	%
Benefits, claims, losses and settlement expenses	365			654			393			355			399			694			754			34			9	%	60			9	%	44			12	%
Amortization of deferred acquisition costs	130			(256		)	113			126			138			254			264			8			6	%	10			4	%	12			10	%
Interest and debt expense	29			29			27			25			24			53			49			(5		)	(17	)%	(4		)	(8	)%	(1		)	(4	)%
General and administrative expense	635			655			728			712			727			1,225			1,439			92			14	%	214			17	%	15			2	%
Operating expenses (1)	1,918			1,828			2,066			2,044			2,143			3,649			4,187			225			12	%	538			15	%	99			5	%
Pretax operating earnings (1)	346			487			446			450			449			641			899			103			30	%	258			40	%	(1		)	—
Income tax provision	74			135			106			109			121			145			230			47			64	%	85			59	%	12			11	%
Operating earnings (1)	$	272		$	352		$	340		$	341		$	328		$	496		$	669		$	56		21	%	$	173		35	%	$	(13	)	(4	)%
Operating Earnings Per Share
Basic operating earnings per share (1)	$	1.04		$	1.38		$	1.35		$	1.36		$	1.34		$	1.90		$	2.69		$	0.30		29	%	$	0.79		42	%	$	(0.02	)	(1	)%
Operating earnings per diluted share (1)	$	1.03		$	1.35		$	1.31		$	1.32		$	1.31		$	1.87		$	2.63		$	0.28		27	%	$	0.76		41	%	$	(0.01	)	(1	)%
Operating Measures
Operating total net revenue growth (1)	27.8		%	26.6		%	19.7		%	23.1		%	14.5		%	26.4		%	18.6		%	(13.3		)%			(7.8		)%			(8.6		)%
Operating earnings per diluted share growth (1)	32.1		%	23.9		%	42.4		%	55.3		%	27.2		%	61.2		%	40.6		%	(4.9		)%			(20.6		)%			(28.1		)%
Operating return on equity excluding CIEs and AOCI (1)(4)	11.5		%	12.1		%	12.9		%	14.0		%	14.5		%	11.5		%	14.5		%	3.0		%			3.0		%			0.5		%
Pretax operating margin (1)	15.3		%	21.0		%	17.8		%	18.0		%	17.3		%	14.9		%	17.7		%	2.0		%			2.8		%			(0.7		)%
Operating effective tax rate (1)	21.4		%	27.7		%	23.8		%	24.2		%	26.9		%	22.6		%	25.6		%	5.5		%			3.0		%			2.7		%
Ameriprise Financial shareholders’ equity from continuing operations excluding CIEs (1)	$	9,797		$	10,284		$	10,102		$	10,074		$	10,112		$	9,797		$	10,112		$	315		3	%	$	315		3	%	$	38		—
Ameriprise Financial shareholders’ equity from continuing operations excluding CIEs and AOCI (1)	$	9,166		$	9,358		$	9,508		$	9,503		$	9,449		$	9,166		$	9,449		$	283		3	%	$	283		3	%	$	(54	)	(1	)%
Ameriprise Financial shareholders’ equity from continuing operations excluding CIEs and AOCI - 5 point avg. (1)	$	8,850		$	9,043		$	9,212		$	9,332		$	9,397		$	8,850		$	9,397		$	547		6	%	$	547		6	%	$	65		1	%
Ameriprise Financial shareholders’ equity from continuing operations excluding CIEs / outstanding shares (2)	$	38.12		$	40.54		$	40.14		$	40.57		$	41.70		$	38.12		$	41.70		$	3.58		9	%	$	3.58		9	%	$	1.13		3	%
Ameriprise Financial shareholders’ equity from continuing operations excluding CIEs and AOCI / outstanding shares (3)	$	35.67		$	36.89		$	37.78		$	38.27		$	38.96		$	35.67		$	38.96		$	3.29		9	%	$	3.29		9	%	$	0.69		2	%

(1) See non-GAAP financial information on pg 36.

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

(3) Calculated as Ameriprise Financial shareholders’ equity from continuing operations 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 from continuing operations excluding CIEs and AOCI as of the last day of the trailing four quarters and current quarter in the denominator.

7

Statistical Supplement Package

(unaudited)

Second Quarter 2011

Summary & Highlights

8

Ameriprise Financial, Inc.

Highlights

Second Quarter 2011

																						Prior Year Comparisons
(in millions, except earnings per share amounts,																Year-to-Date						Qtr  Chg - 2Q					YTD  Chg - 2Q					Seq  Qtr Chg - 2Q
headcount and as otherwise noted, unaudited)	2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Operating Earnings Per Share
Basic operating earnings per share(1)	$	1.04		$	1.38		$	1.35		$	1.36		$	1.34		$	1.90		$	2.69		$	0.30		29	%	$	0.79		42	%	$	(0.02	)	(1	)%
Operating earnings per diluted share(1)	$	1.03		$	1.35		$	1.31		$	1.32		$	1.31		$	1.87		$	2.63		$	0.28		27	%	$	0.76		41	%	$	(0.01	)	(1	)%
Operating Metrics
Operating total net revenue growth: Target 6 - 8%(1)	27.8		%	26.6		%	19.7		%	23.1		%	14.5		%	26.4		%	18.6		%	(13.3		)%			(7.8		)%			(8.6		)%
Operating earnings per diluted share growth: Target 12 - 15%(1)	32.1		%	23.9		%	42.4		%	55.3		%	27.2		%	61.2		%	40.6		%	(4.9		)%			(20.6		)%			(28.1		)%
Operating return on equity excluding CIEs and AOCI: Target 12 - 15%(1)(2)	11.5		%	12.1		%	12.9		%	14.0		%	14.5		%	11.5		%	14.5		%	3.0		%			3.0		%			0.5		%
Assets Under Management and Administration(3)
Advice & Wealth Management AUM	$	83,042		$	91,101		$	97,514		$	103,104		$	105,863		$	83,042		$	105,863		$	22,821		27	%	$	22,821		27	%	$	2,759		3	%
Asset Management AUM	413,327			444,871			456,833			465,434			467,231			413,327			467,231			53,904			13	%	53,904			13	%	1,797			—
Corporate AUM	—			—			—			—			27			—			27			27			—		27			—		27			—
Eliminations	(10,648		)	(11,582		)	(12,405		)	(13,181		)	(13,456		)	(10,648		)	(13,456		)	(2,808		)	(26	)%	(2,808		)	(26	)%	(275		)	(2	)%
Total Assets Under Management	485,721			524,390			541,942			555,357			559,665			485,721			559,665			73,944			15	%	73,944			15	%	4,308			1	%
Total Assets Under Administration	89,437			98,831			105,519			111,509			110,559			89,437			110,559			21,122			24	%	21,122			24	%	(950		)	(1	)%
Total AUM and AUA	$	575,158		$	623,221		$	647,461		$	666,866		$	670,224		$	575,158		$	670,224		$	95,066		17	%	$	95,066		17	%	$	3,358		1	%
Business Metrics
Total Ameriprise client assets	$	266,488		$	287,729		$	303,613		$	315,387		$	319,076		$	266,488		$	319,076		$	52,588		20	%	$	52,588		20	%	$	3,689		1	%
Total branded financial advisors	9,786			9,723			9,656			9,653			9,663			9,786			9,663			(123		)	(1	)%	(123		)	(1	)%	10			—
Net flows and net deposits
Branded advisor wrap	$	1,933		$	1,566		$	1,736		$	2,750		$	2,345		$	4,249		$	5,095		$	412		21	%	$	846		20	%	$	(405	)	(15	)%
Asset Management	(4,911		)	(1,780		)	(5,766		)	(4,842		)	450			(5,398		)	(4,392		)	5,361				#	1,006			19	%	5,292				#
Annuities	9			325			177			(144		)	(49		)	(59		)	(193		)	(58		)		#	(134		)		#	95			66	%
Variable universal life / Universal life	(36		)	(51		)	(45		)	(63		)	(47		)	(77		)	(110		)	(11		)	(31	)%	(33		)	(43	)%	16			25	%
S&P 500
Daily average	1,134			1,094			1,205			1,302			1,319			1,128			1,310			185			16	%	182			16	%	17			1	%
Period end	1,031			1,141			1,258			1,326			1,321			1,031			1,321			290			28	%	290			28	%	(5		)	—

(1) See non-GAAP financial information on pg 36.

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

(3) Excludes discontinued operations.

# Variance of greater than 100%.

9

Ameriprise Financial, Inc.

Common Share, Per Share and Capital Summary

Second Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr  Chg - 2Q					YTD  Chg - 2Q					Seq  Qtr Chg - 2Q
(in millions, unless otherwise noted, unaudited)	2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Common shares
Beginning balance	257.4			252.0			248.7			246.7			242.9			255.1			246.7			(14.5		)	(6	)%	(8.4		)	(3	)%	(3.8		)	(2	)%
Repurchases	(5.7		)	(3.6		)	(3.8		)	(6.5		)	(6.1		)	(5.7		)	(12.6		)	(0.4		)	(7	)%	(6.9		)		#	0.4			6	%
Issuances	0.4			0.4			2.0			3.1			0.3			3.1			3.4			(0.1		)	(25	)%	0.3			10	%	(2.8		)	(90	)%
Other	(0.1		)	(0.1		)	(0.2		)	(0.4		)	—			(0.5		)	(0.4		)	0.1				#	0.1			20	%	0.4				#
Total common shares outstanding	252.0			248.7			246.7			242.9			237.1			252.0			237.1			(14.9		)	(6	)%	(14.9		)	(6	)%	(5.8		)	(2	)%
Nonforfeitable restricted stock units	5.0			5.0			5.0			5.4			5.4			5.0			5.4			0.4			8	%	0.4			8	%	—			—
Total basic common shares outstanding	257.0			253.7			251.7			248.3			242.5			257.0			242.5			(14.5		)	(6	)%	(14.5		)	(6	)%	(5.8		)	(2	)%
Total potentially dilutive shares	3.7			5.4			6.4			5.5			5.0			3.7			5.0			1.3			35	%	1.3			35	%	(0.5		)	(9	)%
Total diluted shares	260.7			259.1			258.1			253.8			247.5			260.7			247.5			(13.2		)	(5	)%	(13.2		)	(5	)%	(6.3		)	(2	)%
Weighted average common shares outstanding:
Basic	261.1			255.3			252.7			251.6			245.5			260.9			248.5			(15.6		)	(6	)%	(12.4		)	(5	)%	(6.1		)	(2	)%
Diluted	265.3			259.9			258.9			257.7			251.0			265.1			254.3			(14.3		)	(5	)%	(10.8		)	(4	)%	(6.7		)	(3	)%
Capital Returned to Shareholders
Dividends paid	$	47		$	46		$	45		$	46		$	57		$	92		$	103		$	10		21	%	$	11		12	%	$	11		24	%
Common stock share repurchases	$	220		$	153		$	200		$	395		$	366		$	220		$	761		$	146		66	%	$	541			#	$	(29	)	(7	)%
Debt to Capital
Total Ameriprise Financial long-term debt to total Ameriprise Financial capital	20.4		%	20.0		%	17.8		%	17.9		%	18.1		%	20.4		%	18.1		%	(2.3		)%			(2.3		)%			0.2		%
Goodwill and intangible assets	$	2,202		$	2,207		$	2,184		$	2,184		$	2,180		$	2,202		$	2,180		$	(22	)	(1	)%	$	(22	)	(1	)%	$	(4	)	—
Net Investment Income
Investment income on fixed maturities	$	479		$	480		$	480		$	470		$	457		$	960		$	927		$	(22	)	(5	)%	$	(33	)	(3	)%	$	(13	)	(3	)%
Realized gains (losses)	7			2			19			1			6			12			7			(1		)	(14	)%	(5		)	(42	)%	5				#
Affordable housing	(5		)	(4		)	(8		)	(7		)	(8		)	(8		)	(15		)	(3		)	(60	)%	(7		)	(88	)%	(1		)	(14	)%
Other (including seed money)	19			30			25			24			26			46			50			7			37	%	4			9	%	2			8	%
Consolidated investment entities	155			17			24			27			17			234			44			(138		)	(89	)%	(190		)	(81	)%	(10		)	(37	)%
Total net investment income	$	655		$	525		$	540		$	515		$	498		$	1,244		$	1,013		$	(157	)	(24	)%	$	(231	)	(19	)%	$	(17	)	(3	)%
Allocated Equity (1)(2)
Advice & Wealth Management	$	696		$	698		$	713		$	728		$	772		$	696		$	772		$	76		11	%	$	76		11	%	$	44		6	%
Asset Management	1,947			1,919			1,924			1,911			1,954			1,947			1,954			7			—		7			—		43			2	%
Annuities	2,395			2,539			2,582			2,696			2,821			2,395			2,821			426			18	%	426			18	%	125			5	%
Protection	2,654			2,668			2,596			2,594			2,555			2,654			2,555			(99		)	(4	)%	(99		)	(4	)%	(39		)	(2	)%
Corporate & Other	1,474			1,534			1,693			1,574			1,347			1,474			1,347			(127		)	(9	)%	(127		)	(9	)%	(227		)	(14	)%
Total allocated equity	$	9,166		$	9,358		$	9,508		$	9,503		$	9,449		$	9,166		$	9,449		$	283		3	%	$	283		3	%	$	(54	)	(1	)%

(1) Allocated equity equals Ameriprise Financial shareholders’ equity from continuing operations excluding consolidated investment entities less AOCI.  Allocated equity is not adjusted for non-operating items except for CIEs and the net of assets and liabilities held for sale.

(2) Allocated equity has been recast to subtract the net of assets and liabilities held for sale from the Corporate & Other segment.

# Variance of greater than 100%.

10

Ameriprise Financial, Inc.

Segment Summary

Second Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 2Q					YTD Chg - 2Q					Seq Qtr Chg - 2Q
(in millions unless otherwise noted, unaudited)	2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Segment Summary
Advice & Wealth Management
Reported net revenues	$	853		$	830		$	895		$	914		$	957		$	1,618		$	1,871		$	104		12	%	$	253		16	%	$	43		5	%
Realized (gains) losses	(1		)	—			(1		)	(1		)	—			—			(1		)	1				#	(1		)	—		1				#
Operating total net revenues (2)	$	852		$	830		$	894		$	913		$	957		$	1,618		$	1,870		$	105		12	%	$	252		16	%	$	44		5	%
Reported expenses	$	770		$	742		$	798		$	814		$	849		$	1,487		$	1,663		$	79		10	%	$	176		12	%	$	35		4	%
Less: integration/restructuring charges (1)	4			1			—			—			—			6			—			(4		)		#	(6		)		#	—			—
Operating expenses (2)	$	766		$	741		$	798		$	814		$	849		$	1,481		$	1,663		$	83		11	%	$	182		12	%	$	35		4	%
Pretax segment income	$	83		$	88		$	97		$	100		$	108		$	131		$	208		$	25		30	%	$	77		59	%	$	8		8	%
Pretax operating earnings (2)	$	86		$	89		$	96		$	99		$	108		$	137		$	207		$	22		26	%	$	70		51	%	$	9		9	%
Allocated equity	$	696		$	698		$	713		$	728		$	772		$	696		$	772		$	76		11	%	$	76		11	%	$	44		6	%
Operating return on allocated equity (2)(3)	21.6		%	28.3		%	34.8		%	39.6		%	40.4		%	21.6		%	40.4		%	18.8		%			18.8		%			0.8		%
Pretax operating margin (2)	10.1		%	10.7		%	10.7		%	10.8		%	11.3		%	8.5		%	11.1		%	1.2		%			2.6		%			0.5		%
Asset Management
Reported net revenues	$	562		$	662		$	774		$	737		$	753		$	932		$	1,490		$	191		34	%	$	558		60	%	$	16		2	%
Realized (gains) losses	—			(1		)	(1		)	—			—			(1		)	—			—			—		1				#	—			—
Operating total net revenues (2)	$	562		$	661		$	773		$	737		$	753		$	931		$	1,490		$	191		34	%	$	559		60	%	$	16		2	%
Reported expenses	$	506		$	558		$	634		$	630		$	628		$	858		$	1,258		$	122		24	%	$	400		47	%	$	(2	)	—
Less: integration/restructuring charges (4)	48			18			24			29			21			53			50			(27		)	(56	)%	(3		)	(6	)%	(8		)	(28	)%
Operating expenses (2)	$	458		$	540		$	610		$	601		$	607		$	805		$	1,208		$	149		33	%	$	403		50	%	$	6		1	%
Pretax segment income	$	56		$	104		$	140		$	107		$	125		$	74		$	232		$	69			#	$	158			#	$	18		17	%
Pretax operating earnings (2)	$	104		$	121		$	163		$	136		$	146		$	126		$	282		$	42		40	%	$	156			#	$	10		7	%
Allocated equity	$	1,947		$	1,919		$	1,924		$	1,911		$	1,954		$	1,947		$	1,954		$	7		—		$	7		—		$	43		2	%
Operating return on allocated equity (2)(3)	14.1		%	17.6		%	19.7		%	22.7		%	21.8		%	14.1		%	21.8		%	7.7		%			7.7		%			(0.9		)%
Pretax operating margin (2)	18.5		%	18.3		%	21.1		%	18.5		%	19.4		%	13.5		%	18.9		%	0.9		%			5.4		%			0.9		%
Operating total net revenues (2)	$	562		$	661		$	773		$	737		$	753		$	931		$	1,490		$	191		34	%	$	559		60	%	$	16		2	%
Distribution pass thru revenues	(158		)	(184		)	(188		)	(207		)	(218		)	(255		)	(425		)	(60		)	(38	)%	(170		)	(67	)%	(11		)	(5	)%
Subadvisory and other pass thru revenues	(67		)	(89		)	(95		)	(98		)	(96		)	(108		)	(194		)	(29		)	(43	)%	(86		)	(80	)%	2			2	%
Adjusted operating revenues (2)	$	337		$	388		$	490		$	432		$	439		$	568		$	871		$	102		30	%	$	303		53	%	$	7		2	%

Pretax operating earnings (2)	$	104		$	121		$	163		$	136		$	146		$	126		$	282		$	42		40	%	$	156			#	$	10		7	%
Operating net investment income (2)	—			(5		)	(6		)	(1		)	(3		)	(3		)	(4		)	(3		)	—		(1		)	(33	)%	(2		)		#
Amortization of intangibles	10			12			10			10			10			17			20			—			—		3			18	%	—			—
Adjusted operating earnings (2)	$	114		$	128		$	167		$	145		$	153		$	140		$	298		$	39		34	%	$	158			#	$	8		6	%
Adjusted net pretax operating margin (2)	33.8		%	33.0		%	34.1		%	33.6		%	34.9		%	24.6		%	34.2		%	1.1		%			9.6		%			1.3		%

(1)Integration charges incurred for acquisition of HRBFA.

(2)See non-GAAP financial information on pg 36.

(3)Calculated using operating earnings subject to the quarterly operating effective tax rate for the last four quarters in the numerator and the average allocated equity as of the last day of the trailing four quarters and current quarter in the denominator.

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

# Variance of greater than 100%.

11

Ameriprise Financial, Inc.

Segment Summary

Second Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 2Q					YTD Chg - 2Q					Seq Qtr Chg - 2Q
(in millions unless otherwise noted, unaudited)	2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Annuities
Reported net revenues	$	630		$	626		$	642		$	640		$	666		$	1,232		$	1,306		$	36		6	%	$	74		6	%	$	26		4	%
Realized (gains) losses	(4		)	1			(3		)	3			(1		)	(7		)	2			3			75	%	9				#	(4		)		#
Operating total net revenues (2)	$	626		$	627		$	639		$	643		$	665		$	1,225		$	1,308		$	39		6	%	$	83		7	%	$	22		3	%
Reported expenses	$	497		$	362		$	511		$	486		$	523		$	979		$	1,009		$	26		5	%	$	30		3	%	$	37		8	%
Less: market impact on VA guaranteed living benefits	(27		)	(8		)	43			17			7			(10		)	24			34				#	34				#	(10		)	(59	)%
Operating expenses (2)	$	524		$	370		$	468		$	469		$	516		$	989		$	985		$	(8	)	(2	)%	$	(4	)	—		$	47		10	%
Pretax segment income	$	133		$	264		$	131		$	154		$	143		$	253		$	297		$	10		8	%	$	44		17	%	$	(11	)	(7	)%
Pretax operating earnings (2)	$	102		$	257		$	171		$	174		$	149		$	236		$	323		$	47		46	%	$	87		37	%	$	(25	)	(14	)%
Allocated equity	$	2,395		$	2,539		$	2,582		$	2,696		$	2,821		$	2,395		$	2,821		$	426		18	%	$	426		18	%	$	125		5	%
Operating return on allocated equity (2)(3)	22.2		%	20.1		%	20.3		%	21.1		%	21.4		%	22.2		%	21.4		%	(0.8		)%			(0.8		)%			0.3		%
Pretax operating margin (2)	16.3		%	41.0		%	26.8		%	27.1		%	22.4		%	19.3		%	24.7		%	6.1		%			5.4		%			(4.7		)%
Protection
Reported net revenues	$	519		$	500		$	523		$	517		$	525		$	1,024		$	1,042		$	6		1	%	$	18		2	%	$	8		2	%
Realized (gains) losses	(1		)	—			1			(1		)	(3		)	(2		)	(4		)	(2		)		#	(2		)		#	(2		)		#
Operating total net revenues (2)	$	518		$	500		$	524		$	516		$	522		$	1,022		$	1,038		$	4		1	%	$	16		2	%	$	6		1	%
Reported expenses	$	385		$	433		$	440		$	410		$	435		$	771		$	845		$	50		13	%	$	74		10	%	$	25		6	%
Pretax segment income	$	134		$	67		$	83		$	107		$	90		$	253		$	197		$	(44	)	(33	)%	$	(56	)	(22	)%	$	(17	)	(16	)%
Pretax operating earnings (2)	$	133		$	67		$	84		$	106		$	87		$	251		$	193		$	(46	)	(35	)%	$	(58	)	(23	)%	$	(19	)	(18	)%
Allocated equity	$	2,654		$	2,668		$	2,596		$	2,594		$	2,555		$	2,654		$	2,555		$	(99	)	(4	)%	$	(99	)	(4	)%	$	(39	)	(2	)%
Operating return on allocated equity (2)(3)	15.5		%	13.1		%	11.8		%	11.4		%	9.8		%	15.5		%	9.8		%	(5.7		)%			(5.7		)%			(1.6		)%
Pretax operating margin (2)	25.7		%	13.4		%	16.0		%	20.5		%	16.7		%	24.6		%	18.6		%	(9.0		)%			(6.0		)%			(3.8		)%
Corporate & Other
Reported net revenues	$	188		$	32		$	46		$	43		$	59		$	345		$	102		$	(129	)	(69	)%	$	(243	)	(70	)%	$	16		37	%
CIEs net revenues	(201		)	(26		)	(37		)	(47		)	(35		)	(337		)	(82		)	166			83	%	255			76	%	12			26	%
Realized (gains) losses	(1		)	(2		)	(15		)	(2		)	(2		)	(2		)	(4		)	(1		)		#	(2		)		#	—			—
Operating total net revenues (2)	$	(14	)	$	4		$	(6	)	$	(6	)	$	22		$	6		$	16		$	36			#	$	10			#	$	28			#
Reported expenses	$	132		$	109		$	129		$	124		$	126		$	236		$	250		$	(6	)	(5	)%	$	14		6	%	$	2		2	%
Less: CIEs expenses	62			58			63			65			63			116			128			1			2	%	12			10	%	(2		)	(3	)%
Less: integration/restructuring charges (1)	5			—			4			—			—			5			—			(5		)		#	(5		)		#	—			—
Operating expenses (2)	$	65		$	51		$	62		$	59		$	63		$	115		$	122		$	(2	)	(3	)%	$	7		6	%	$	4		7	%
Noncontrolling interests	$	139		$	(32	)	$	(26	)	$	(18	)	$	(28	)	$	221		$	(46	)	$	(167	)		#	$	(267	)		#	$	(10	)	(56	)%
Pretax segment income (loss)	$	56		$	(77	)	$	(83	)	$	(81	)	$	(67	)	$	109		$	(148	)	$	(123	)		#	$	(257	)		#	$	14		17	%
Pretax segment (loss) attributable to Ameriprise Financial	$	(83	)	$	(45	)	$	(57	)	$	(63	)	$	(39	)	$	(112	)	$	(102	)	$	44		53	%	$	10		9	%	$	24		38	%
Pretax operating (loss) (2)	$	(79	)	$	(47	)	$	(68	)	$	(65	)	$	(41	)	$	(109	)	$	(106	)	$	38		48	%	$	3		3	%	$	24		37	%

(1)Integration charges incurred for acquisition of Columbia as well as severance and related expenses from discontinuing new sales of RiverSource variable annuities through non-Ameriprise distribution channels.

(2)See non-GAAP financial information on pg 36.

(3)Calculated using operating earnings subject to the quarterly operating effective tax rate for the last four quarters in the numerator and the average allocated equity as of the last day of the trailing four quarters and current quarter in the denominator.

# Variance of greater than 100%.

12

Statistical Supplement Package

(unaudited)

Second Quarter 2011

Advice & Wealth Management Segment

13

Ameriprise Financial, Inc.

Advice & Wealth Management Segment

Second Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr  Chg - 2Q					YTD  Chg - 2Q					Seq  Qtr Chg - 2Q
(in millions unless otherwise noted, unaudited)	2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Operating Income Statements
Revenues
Management and financial advice fees	$	337		$	333		$	374		$	386		$	408		$	663		$	794		$	71		21	%	$	131		20	%	$	22		6	%
Distribution fees	444			429			453			461			484			814			945			40			9	%	131			16	%	23			5	%
Net investment income	70			66			62			63			61			144			124			(9		)	(13	)%	(20		)	(14	)%	(2		)	(3	)%
Premiums	—			—			—			—			—			—			—			—			—		—			—		—			—
Other revenues	18			17			19			16			15			35			31			(3		)	(17	)%	(4		)	(11	)%	(1		)	(6	)%
Total revenues	869			845			908			926			968			1,656			1,894			99			11	%	238			14	%	42			5	%
Banking and deposit interest expense	17			15			14			13			11			38			24			(6		)	(35	)%	(14		)	(37	)%	(2		)	(15	)%
Operating total net revenues (1)	852			830			894			913			957			1,618			1,870			105			12	%	252			16	%	44			5	%
Expenses
Distribution expenses (4)	494			478			536			541			574			940			1,115			80			16	%	175			19	%	33			6	%
Interest credited to fixed accounts	—			—			—			—			—			—			—			—			—		—			—		—			—
Benefits, claims, losses and settlement expenses	—			—			—			—			—			—			—			—			—		—			—		—			—
Amortization of deferred acquisition costs	—			—			—			—			—			—			—			—			—		—			—		—			—
Interest and debt expense	—			—			—			—			—			—			—			—			—		—			—		—			—
General and administrative expense (4)	272			263			262			273			275			541			548			3			1	%	7			1	%	2			1	%
Operating expenses (1)	766			741			798			814			849			1,481			1,663			83			11	%	182			12	%	35			4	%
Pretax operating earnings (1)	$	86		$	89		$	96		$	99		$	108		$	137		$	207		$	22		26	%	$	70		51	%	$	9		9	%
Pretax segment income	$	83		$	88		$	97		$	100		$	108		$	131		$	208		$	25		30	%	$	77		59	%	$	8		8	%
Margins
Pretax segment margin	9.7		%	10.6		%	10.8		%	10.9		%	11.3		%	8.1		%	11.1		%	1.6		%			3.0		%			0.4		%
Pretax operating margin (1)	10.1		%	10.7		%	10.7		%	10.8		%	11.3		%	8.5		%	11.1		%	1.2		%			2.6		%			0.5		%
Return on Equity
Allocated equity	$	696		$	698		$	713		$	728		$	772		$	696		$	772		$	76		11	%	$	76		11	%	$	44		6	%
Return on allocated equity (1)(2)	17.6		%	25.8		%	34.5		%	39.9		%	40.9		%	17.6		%	40.9		%	23.3		%			23.3		%			1.0		%
Operating return on allocated equity (1)(3)	21.6		%	28.3		%	34.8		%	39.6		%	40.4		%	21.6		%	40.4		%	18.8		%			18.8		%			0.8		%
On-balance sheet deposits	$	8,263		$	8,257		$	8,489		$	8,606		$	8,980		$	8,263		$	8,980		$	717		9	%	$	717		9	%	$	374		4	%

(1)	See non-GAAP financial information on pg 36.
(2)	Calculated using net income subject to the quarterly effective tax rate excluding CIEs for the last four quarters in the numerator and the average allocated equity as of the last day of the trailing four quarters and current quarter in the denominator.
(3)	Calculated using operating earnings subject to the quarterly operating effective tax rate for the last four quarters in the numerator and the average allocated equity as of the last day of the trailing four quarters and current quarter in the denominator.
(4)	In the 4th quarter of 2010 a year-to-date adjustment was made to reclass $9M of compensation from general and administrative expense to distribution expense.

14

Ameriprise Financial, Inc.

Advice & Wealth Management Segment

Second Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 2Q					YTD Chg - 2Q					Seq Qtr Chg - 2Q
(in millions unless otherwise noted, unaudited)	2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Product Information
Certificates and Banking-Combined
Pretax operating earnings (1)	$	24		$	23		$	27		$	21		$	21		$	49		$	42		$	(3	)	(13	)%	$	(7	)	(14	)%	$	—		—
Allocated equity	$	445		$	451		$	463		$	478		$	523		$	445		$	523		$	78		18	%	$	78		18	%	$	45		9	%
Operating return on allocated equity (1)(2)	18.2		%	17.1		%	16.6		%	15.7		%	14.5		%	18.2		%	14.5		%	(3.7		)%			(3.7		)%			(1.2		)%
Wealth Management & Distribution
Pretax operating earnings (1)	$	62		$	66		$	69		$	78		$	87		$	88		$	165		$	25		40	%	$	77		88	%	$	9		12	%
Allocated equity	$	251		$	247		$	250		$	250		$	249		$	251		$	249		$	(2	)	(1	)%	$	(2	)	(1	)%	$	(1	)	—
Operating return on allocated equity (1)(2)	28.1		%	48.9		%	68.0		%	83.7		%	89.4		%	28.1		%	89.4		%	61.3		%			61.3		%			5.7		%
Financial Plans
Branded financial plan net cash sales	$	51		$	48		$	57		$	53		$	55		$	103		$	108		$	4		8	%	$	5		5	%	$	2		4	%
Financial Advisors
Employee advisors	2,196			2,183			2,168			2,140			2,146			2,196			2,146			(50		)	(2	)%	(50		)	(2	)%	6			—
Franchisee advisors	7,590			7,540			7,488			7,513			7,517			7,590			7,517			(73		)	(1	)%	(73		)	(1	)%	4			—
Total branded financial advisors	9,786			9,723			9,656			9,653			9,663			9,786			9,663			(123		)	(1	)%	(123		)	(1	)%	10			—
Operating total net revenues (1)per financial advisor (in thousands) (3)	$	87		$	85		$	93		$	95		$	99		$	164		$	194		$	12		14	%	$	30		18	%	$	4		4	%
Advisor Retention
Employee	74.4		%	77.8		%	82.3		%	86.6		%	89.4		%	74.4		%	89.4		%	15.0		%			15.0		%			2.8		%
Franchisee	92.4		%	93.0		%	93.4		%	94.1		%	94.2		%	92.4		%	94.2		%	1.8		%			1.8		%			0.1		%
Total Client Assets (at period end)	$	266,488		$	287,729		$	303,613		$	315,387		$	319,076		$	266,488		$	319,076		$	52,588		20	%	$	52,588		20	%	$	3,689		1	%
Total Wrap Accounts
Beginning assets	$	85,942		$	83,042		$	91,101		$	97,514		$	103,104		$	81,252		$	97,514		$	17,162		20	%	$	16,262		20	%	$	5,590		6	%
Net flows	1,933			1,566			1,736			2,750			2,345			4,249			5,095			412			21	%	846			20	%	(405		)	(15	)%
Market appreciation (depreciation) and other	(4,833		)	6,493			4,677			2,840			414			(2,459		)	3,254			5,247				#	5,713				#	(2,426		)	(85	)%
Total wrap ending assets	$	83,042		$	91,101		$	97,514		$	103,104		$	105,863		$	83,042		$	105,863		$	22,821		27	%	$	22,821		27	%	$	2,759		3	%

(1)	See non-GAAP financial information on pg 36.
(2)	Calculated using operating earnings subject to the quarterly operating effective tax rate for the last four quarters in the numerator and the average allocated equity as of the last day of the trailing four quarters and current quarter in the denominator.
(3)	Year-to-date is sum of current and prior quarters for the year under review.

# Variance of greater than 100%.

15

Statistical Supplement Package

(unaudited)

Second Quarter 2011

Asset Management Segment

16

Ameriprise Financial, Inc.

Asset Management Segment

Second Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 2Q					YTD Chg - 2Q					Seq Qtr Chg - 2Q
(in millions unless otherwise noted, unaudited)	2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Operating Income Statements
Revenues
Management and financial advice fees	$	471		$	551		$	650		$	620		$	627		$	778		$	1,247		$	156		33	%	$	469		60	%	$	7		1	%
Distribution fees	88			103			109			115			123			146			238			35			40	%	92			63	%	8			7	%
Net investment income	—			5			6			1			3			3			4			3			—		1			33	%	2				#
Premiums	—			—			—			—			—			—			—			—			—		—			—		—			—
Other revenues	4			2			8			2			—			5			2			(4		)		#	(3		)	(60	)%	(2		)		#
Total revenues	563			661			773			738			753			932			1,491			190			34	%	559			60	%	15			2	%
Banking and deposit interest expense	1			—			—			1			—			1			1			(1		)		#	—			—		(1		)		#
Operating total net revenues (1)	562			661			773			737			753			931			1,490			191			34	%	559			60	%	16			2	%
Expenses
Distribution expenses	186			215			227			258			260			292			518			74			40	%	226			77	%	2			1	%
Interest credited to fixed accounts	—			—			—			—			—			—			—			—			—		—			—		—			—
Benefits, claims, losses and settlement expenses	—			—			—			—			—			—			—			—			—		—			—		—			—
Amortization of deferred acquisition costs	5			5			4			4			6			11			10			1			20	%	(1		)	(9	)%	2			50	%
Interest and debt expense	—			—			—			—			—			—			—			—			—		—			—		—			—
General and administrative expense	267			320			379			339			341			502			680			74			28	%	178			35	%	2			1	%
Operating expenses (1)	458			540			610			601			607			805			1,208			149			33	%	403			50	%	6			1	%
Pretax operating earnings (1)	$	104		$	121		$	163		$	136		$	146		$	126		$	282		$	42		40	%	$	156			#	$	10		7	%
Pretax segment income	$	56		$	104		$	140		$	107		$	125		$	74		$	232		$	69			#	$	158			#	$	18		17	%
Margins
Pretax segment margin	10.0		%	15.7		%	18.1		%	14.5		%	16.6		%	7.9		%	15.6		%	6.6		%			7.7		%			2.1		%
Pretax operating margin (1)	18.5		%	18.3		%	21.1		%	18.5		%	19.4		%	13.5		%	18.9		%	0.9		%			5.4		%			0.9		%
Operating total net revenues (1)	$	562		$	661		$	773		$	737		$	753		$	931		$	1,490		$	191		34	%	$	559		60	%	$	16		2	%
Distribution pass thru revenues	(158		)	(184		)	(188		)	(207		)	(218		)	(255		)	(425		)	(60		)	(38	)%	(170		)	(67	)%	(11		)	(5	)%
Subadvisory and other pass thru revenues	(67		)	(89		)	(95		)	(98		)	(96		)	(108		)	(194		)	(29		)	(43	)%	(86		)	(80	)%	2			2	%
Adjusted operating revenues (1)	$	337		$	388		$	490		$	432		$	439		$	568		$	871		$	102		30	%	$	303		53	%	$	7		2	%
Pretax operating earnings (1)	$	104		$	121		$	163		$	136		$	146		$	126		$	282		$	42		40	%	$	156			#	$	10		7	%
Operating net investment income (1)	—			(5		)	(6		)	(1		)	(3		)	(3		)	(4		)	(3		)	—		(1		)	(33	)%	(2		)		#
Amortization of intangibles	10			12			10			10			10			17			20			—			—		3			18	%	—			—
Adjusted operating earnings (1)	$	114		$	128		$	167		$	145		$	153		$	140		$	298		$	39		34	%	$	158			#	$	8		6	%
Adjusted net pretax operating margin (1)	33.8		%	33.0		%	34.1		%	33.6		%	34.9		%	24.6		%	34.2		%	1.1		%			9.6		%			1.3		%
Return on Equity
Allocated equity	$	1,947		$	1,919		$	1,924		$	1,911		$	1,954		$	1,947		$	1,954		$	7		—		$	7		—		$	43		2	%
Return on allocated equity (1)(2)	10.0		%	13.5		%	15.3		%	17.8		%	18.5		%	10.0		%	18.5		%	8.5		%			8.5		%			0.7		%
Operating return on allocated equity (1)(3)	14.1		%	17.6		%	19.7		%	22.7		%	21.8		%	14.1		%	21.8		%	7.7		%			7.7		%			(0.9		)%

(1)	See non-GAAP financial information on pg 36.
(2)	Calculated using net income subject to the quarterly effective tax rate excluding CIEs for the last four quarters in the numerator and the average allocated equity as of the last day of the trailing four quarters and current quarter in the denominator.
(3)	Calculated using operating earnings subject to the quarterly operating effective tax rate for the last four quarters in the numerator and the average allocated equity as of the last day of the trailing four quarters and current quarter in the denominator.

# Variance of greater than 100%

17

Ameriprise Financial, Inc.

Asset Management Segment

Second Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 2Q					YTD Chg - 2Q					Seq Qtr Chg - 2Q
(in millions unless otherwise noted, unaudited)	2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Total Managed Asset Net Flows
Columbia managed asset net flows	$	(3,817	)	$	(2,830	)	$	(5,198	)	$	(1,982	)	$	(246	)	$	(4,299	)	$	(2,228	)	$	3,571		94	%	$	2,071		48	%	$	1,736		88	%
Threadneedle managed asset net flows (1)	(1,051		)	1,082			(578		)	(2,968		)	1,694			(1,010		)	(1,274		)	2,745				#	(264		)	(26	)%	4,662				#
Less: Sub-advised eliminations (1)	(43		)	(32		)	10			108			(998		)	(89		)	(890		)	(955		)		#	(801		)		#	(1,106		)		#
Total managed asset net flows	$	(4,911	)	$	(1,780	)	$	(5,766	)	$	(4,842	)	$	450		$	(5,398	)	$	(4,392	)	$	5,361			#	$	1,006		19	%	$	5,292			#
Total Managed Assets Reconciliations
Columbia managed assets	$	327,406		$	347,050		$	355,489		$	362,960		$	362,044		$	327,406		$	362,044		$	34,638		11	%	$	34,638		11	%	$	(916	)	—
Threadneedle managed assets	89,319			101,851			105,648			106,765			110,402			89,319			110,402			21,083			24	%	21,083			24	%	3,637			3	%
Less: Sub-advised eliminations	(3,398		)	(4,030		)	(4,304		)	(4,291		)	(5,215		)	(3,398		)	(5,215		)	(1,817		)	(53	)%	(1,817		)	(53	)%	(924		)	(22	)%
Total managed assets	$	413,327		$	444,871		$	456,833		$	465,434		$	467,231		$	413,327		$	467,231		$	53,904		13	%	$	53,904		13	%	$	1,797		—
Total Managed Assets by Type
Equity	$	189,734		$	215,095		$	237,120		$	247,257		$	247,552		$	189,734		$	247,552		$	57,818		30	%	$	57,818		30	%	$	295		—
Fixed income	192,988			198,786			189,545			188,149			190,350			192,988			190,350			(2,638		)	(1	)%	(2,638		)	(1	)%	2,201			1	%
Money market	7,159			6,734			6,597			6,389			6,267			7,159			6,267			(892		)	(12	)%	(892		)	(12	)%	(122		)	(2	)%
Alternative	11,516			11,505			11,309			10,959			10,725			11,516			10,725			(791		)	(7	)%	(791		)	(7	)%	(234		)	(2	)%
Hybrid and other	11,930			12,751			12,262			12,680			12,337			11,930			12,337			407			3	%	407			3	%	(343		)	(3	)%
Total managed assets by type	$	413,327		$	444,871		$	456,833		$	465,434		$	467,231		$	413,327		$	467,231		$	53,904		13	%	$	53,904		13	%	$	1,797		—

(1) Restated all periods in Q2 2011 to reflect revised definition of net flows consistent with Columbia.

# Variance of greater than 100%

18

Ameriprise Financial, Inc.

Asset Management Segment - Columbia

Second Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 2Q					YTD Chg - 2Q					Seq Qtr Chg - 2Q
(in millions unless otherwise noted, unaudited)	2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Columbia Managed Assets Rollforward
Retail Funds
Beginning assets	$	78,631		$	189,418		$	205,230		$	218,460		$	226,442		$	76,860		$	218,460		$	147,811			#	$	141,600			#	$	7,982		4	%
Mutual fund inflows	6,817			7,439			9,096			11,395			9,708			9,221			21,103			2,891			42	%	11,882				#	(1,687		)	(15	)%
Mutual fund outflows	(9,266		)	(10,731		)	(12,040		)	(12,642		)	(11,928		)	(12,610		)	(24,570		)	(2,662		)	(29	)%	(11,960		)	(95	)%	714			6	%
Net VP/VIT fund flows	106			691			711			381			394			134			775			288				#	641				#	13			3	%
Net new flows	(2,343		)	(2,601		)	(2,233		)	(866		)	(1,826		)	(3,255		)	(2,692		)	517			22	%	563			17	%	(960		)		#
Reinvested dividends	898			413			1,350			328			2,083			1,088			2,411			1,185				#	1,323				#	1,755				#
Net flows	(1,445		)	(2,188		)	(883		)	(538		)	257			(2,167		)	(281		)	1,702				#	1,886			87	%	795				#
Distributions	(1,121		)	(665		)	(1,860		)	(556		)	(2,520		)	(1,345		)	(3,076		)	(1,399		)		#	(1,731		)		#	(1,964		)		#
Market appreciation (depreciation) and other (1)	113,353			18,665			15,973			9,076			1,189			116,070			10,265			(112,164		)	(99	)%	(105,805		)	(91	)%	(7,887		)	(87	)%
Total ending assets	189,418			205,230			218,460			226,442			225,368			189,418			225,368			35,950			19	%	35,950			19	%	(1,074		)	—
% of total retail assets sub-advised	18.2		%	18.6		%	18.4		%	18.5		%	18.3		%	18.2		%	18.3		%	0.1		%			0.1		%			(0.2		)%
Institutional
Beginning assets	64,083			128,176			131,822			127,211			127,105			62,496			127,211			63,022			98	%	64,715				#	(106		)	—
Net flows	(2,504		)	(637		)	(3,978		)	(1,010		)	(239		)	(2,457		)	(1,249		)	2,265			90	%	1,208			49	%	771			76	%
Market appreciation (depreciation) and other (2)(3)	66,597			4,283			(633		)	904			584			68,137			1,488			(66,013		)	(99	)%	(66,649		)	(98	)%	(320		)	(35	)%
Total ending assets	128,176			131,822			127,211			127,105			127,450			128,176			127,450			(726		)	(1	)%	(726		)	(1	)%	345			—
Alternative
Beginning assets	10,063			9,957			10,122			9,971			9,615			9,791			9,971			(448		)	(4	)%	180			2	%	(356		)	(4	)%
Net flows	132			(5		)	(337		)	(434		)	(264		)	325			(698		)	(396		)		#	(1,023		)		#	170			39	%
Market appreciation (depreciation) and other	(238		)	170			186			78			95			(159		)	173			333				#	332				#	17			22	%
Total ending assets	9,957			10,122			9,971			9,615			9,446			9,957			9,446			(511		)	(5	)%	(511		)	(5	)%	(169		)	(2	)%
Other and Eliminations	(145		)	(124		)	(153		)	(202		)	(220		)	(145		)	(220		)	(75		)	(52	)%	(75		)	(52	)%	(18		)	(9	)%
Total Columbia managed assets	$	327,406		$	347,050		$	355,489		$	362,960		$	362,044		$	327,406		$	362,044		$	34,638		11	%	$	34,638		11	%	$	(916	)	—
Total Columbia net flows	$	(3,817	)	$	(2,830	)	$	(5,198	)	$	(1,982	)	$	(246	)	$	(4,299	)	$	(2,228	)	$	3,571		94	%	$	2,071		48	%	$	1,736		88	%

(1) 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 modification of the Portfolio Navigator program, and an additional $13.1B of PN related assets sub-advised by others.

(2) 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.

(3) 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 greater than 100%.

19

Ameriprise Financial, Inc.

Asset Management Segment - Threadneedle

Second Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 2Q					YTD Chg - 2Q					Seq Qtr Chg - 2Q
(in millions unless otherwise noted, unaudited)	2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Threadneedle Managed Assets Rollforward
Retail Funds (2)
Beginning assets	$	30,393		$	27,291		$	30,673		$	33,394		$	34,275		$	29,090		$	33,394		$	3,882		13	%	$	4,304		15	%	$	881		3	%
Mutual fund inflows	2,955			3,025			3,632			4,129			5,181			6,884			9,310			2,226			75	%	2,426			35	%	1,052			25	%
Mutual fund outflows	(3,443		)	(3,383		)	(2,394		)	(4,714		)	(3,277		)	(6,028		)	(7,991		)	166			5	%	(1,963		)	(33	)%	1,437			30	%
Net new flows	(488		)	(358		)	1,238			(585		)	1,904			856			1,319			2,392				#	463			54	%	2,489				#
Reinvested dividends	39			13			55			16			55			58			71			16			41	%	13			22	%	39				#
Net flows	(449		)	(345		)	1,293			(569		)	1,959			914			1,390			2,408				#	476			52	%	2,528				#
Distributions	(138		)	(49		)	(161		)	(56		)	(162		)	(202		)	(218		)	(24		)	(17	)%	(16		)	(8	)%	(106		)		#
Market appreciation (depreciation)	(2,172		)	2,232			1,694			499			330			(507		)	829			2,502				#	1,336				#	(169		)	(34	)%
Foreign currency translation (1)	(540		)	1,402			(240		)	888			(14		)	(2,309		)	874			526			97	%	3,183				#	(902		)		#
Other	197			142			135			119			250			305			369			53			27	%	64			21	%	131				#
Total ending assets		27,291			30,673			33,394			34,275			36,638			27,291			36,638			9,347		34	%		9,347		34	%		2,363		7	%
Institutional
Beginning assets	64,997			60,469			69,795			70,916			71,146			66,934			70,916			6,149			9	%	3,982			6	%	230			—
Net flows	(692		)	1,610			(1,769		)	(2,364		)	(141		)	(1,992		)	(2,505		)	551			80	%	(513		)	(26	)%	2,223			94	%
Market appreciation (depreciation)	(3,317		)	4,176			2,876			291			812			(303		)	1,103			4,129				#	1,406				#	521				#
Foreign currency translation (1)	(1,062		)	3,127			(473		)	1,896			78			(5,098		)	1,974			1,140				#	7,072				#	(1,818		)	(96	)%
Other	543			413			487			407			590			928			997			47			9	%	69			7	%	183			45	%
Total ending assets	60,469			69,795			70,916			71,146			72,485			60,469			72,485			12,016			20	%	12,016			20	%	1,339			2	%
Alternative
Beginning assets	1,745			1,559			1,383			1,338			1,344			1,799			1,338			(401		)	(23	)%	(461		)	(26	)%	6			—
Net flows	90			(183		)	(102		)	(35		)	(124		)	68			(159		)	(214		)		#	(227		)		#	(89		)		#
Market appreciation (depreciation)	(260		)	(85		)	51			(10		)	32			(195		)	22			292				#	217				#	42				#
Foreign currency translation (1)	(30		)	77			(7		)	35			6			(138		)	41			36				#	179				#	(29		)	(83	)%
Other	14			15			13			16			21			25			37			7			50	%	12			48	%	5			31	%
Total ending assets	1,559			1,383			1,338			1,344			1,279			1,559			1,279			(280		)	(18	)%	(280		)	(18	)%	(65		)	(5	)%
Total Threadneedle managed assets	$	89,319		$	101,851		$	105,648		$	106,765		$	110,402		$	89,319		$	110,402		$	21,083		24	%	$	21,083		24	%	$	3,637		3	%
Total Threadneedle net flows	$	(1,051	)	$	1,082		$	(578	)	$	(2,968	)	$	1,694		$	(1,010	)	$	(1,274	)	$	2,745			#	$	(264	)	(26	)%	$	4,662			#

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

(2)Restated all periods in Q2 2011 to change presentation and net flows definition to be consistent with Columbia.

# Variance of greater than 100%.

20

Ameriprise Financial, Inc.

Asset Management Segment - Columbia

Second Quarter 2011

Mutual Fund Rankings in top 2 Lipper Quartiles

		2 Qtr 2011
Domestic Equity
Equal weighted	1 year	72	%
	3 year	59	%
	5 year	67	%
Asset weighted	1 year	62	%
	3 year	64	%
	5 year	71	%
International Equity
Equal weighted	1 year	39	%
	3 year	38	%
	5 year	50	%
Asset weighted	1 year	8	%
	3 year	56	%
	5 year	63	%
Taxable Fixed Income
Equal weighted	1 year	65	%
	3 year	68	%
	5 year	68	%
Asset weighted	1 year	74	%
	3 year	68	%
	5 year	73	%
Tax Exempt Fixed Income
Equal weighted	1 year	100	%
	3 year	100	%
	5 year	94	%
Asset weighted	1 year	100	%
	3 year	100	%
	5 year	99	%
Asset Allocation Funds
Equal weighted	1 year	71	%
	3 year	57	%
	5 year	57	%
Asset weighted	1 year	79	%
	3 year	88	%
	5 year	87	%
Number of funds with 4 or 5 Morningstar star ratings
Overall		52
3 year		46
5 year		47
Percent of funds with 4 or 5 Morningstar star ratings
Overall		45	%
3 year		40	%
5 year		42	%
Percent of assets with 4 or 5 Morningstar star ratings
Overall		53	%
3 year		44	%
5 year		38	%

Beginning in the second quarter of 2011, mutual fund performance rankings are based on the performance of Class Z fund shares for Columbia branded mutual funds. In instances where a fund’s Class Z shares do not have a full one, three or five year track record, performance for an older share class of the same fund, typically Class A shares, is utilized for the period before Class Z shares were launched. No adjustments to the historical track records are made to account for differences in fund expenses between share classes of a fund.

Equal Weighted Rankings in Top 2 Quartiles:  Counts the number of funds 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 total assets of the funds with above median ranking (using Class Z and appended Class Z) divided by total assets of all funds.  Funds with more assets will receive a greater share of the total percentage above or below median.

Aggregated data includes all Columbia branded mutual funds.

Data not shown prior to second quarter 2011.  History will be built using the new format going forward.

21

Ameriprise Financial, Inc.

Asset Management Segment - Threadneedle

Second Quarter 2011

Retail Fund Rankings in Top 2 Morningstar Quartiles or Above Index Benchmark

		2 Qtr 2011
Equity
Equal weighted	1 year	83	%
	3 year	75	%
	5 year	86	%
Asset weighted	1 year	83	%
	3 year	85	%
	5 year	96	%
Fixed Income
Equal weighted	1 year	56	%
	3 year	77	%
	5 year	73	%
Asset weighted	1 year	52	%
	3 year	92	%
	5 year	83	%
Allocation (Managed) Funds
Equal weighted	1 year	67	%
	3 year	100	%
	5 year	100	%
Asset weighted	1 year	82	%
	3 year	100	%
	5 year	100	%

The performance of each fund is measured on a consistent basis against the most appropriate benchmark - a peer group of similar funds or an index.

Equal weighted:  Counts the number of funds with above median ranking (if measured against peer group) or above index performance (if measured against an index) divided by the total number of funds.  Asset size is not a factor.

Asset weighted:  Sums the assets of the funds with above median ranking (if measured against peer group) or above index performance (if measured against an index) divided by the total sum of assets in the funds.  Funds with more assets will receive a greater share of the total percentage above or below median or index.

Aggregated Allocation (Managed) Funds include funds that invest in other funds of the Threadneedle range including those funds that invest in both equity and fixed income.

Aggregated Threadneedle data includes funds on the Threadneedle platform sub-advised by Columbia as well as advisors not affiliated with Ameriprise Financial, Inc.

Data not shown prior to second quarter 2011.  History will be built using the new format going forward.

22

Statistical Supplement Package

(unaudited)

Second Quarter 2011

Annuities Segment

23

Ameriprise Financial, Inc.

Annuities Segment

Second Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 2Q					YTD Chg - 2Q					Seq Qtr Chg - 2Q
(in millions unless otherwise noted, unaudited)	2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Operating Income Statements
Revenues
Management and financial advice fees	$	130		$	139		$	150		$	155		$	161		$	257		$	316		$	31		24	%	$	59		23	%	$	6		4	%
Distribution fees	76			65			73			76			80			146			156			4			5	%	10			7	%	4			5	%
Net investment income	326			327			329			323			308			653			631			(18		)	(6	)%	(22		)	(3	)%	(15		)	(5	)%
Premiums	42			43			34			34			49			73			83			7			17	%	10			14	%	15			44	%
Other revenues	52			53			53			55			67			96			122			15			29	%	26			27	%	12			22	%
Total revenues	626			627			639			643			665			1,225			1,308			39			6	%	83			7	%	22			3	%
Banking and deposit interest expense	—			—			—			—			—			—			—			—			—		—			—		—			—
Operating total net revenues (1)	626			627			639			643			665			1,225			1,308			39			6	%	83			7	%	22			3	%
Expenses
Distribution expenses	70			70			67			76			81			131			157			11			16	%	26			20	%	5			7	%
Interest credited to fixed accounts	194			188			188			172			177			386			349			(17		)	(9	)%	(37		)	(10	)%	5			3	%
Benefits, claims, losses and settlement expenses	126			359			102			96			120			221			216			(6		)	(5	)%	(5		)	(2	)%	24			25	%
Amortization of deferred acquisition costs	80			(296		)	58			73			82			146			155			2			3	%	9			6	%	9			12	%
Interest and debt expense	—			2			—			—			—			—			—			—			—		—			—		—			—
General and administrative expense	54			47			53			52			56			105			108			2			4	%	3			3	%	4			8	%
Operating expenses (1)	524			370			468			469			516			989			985			(8		)	(2	)%	(4		)	—		47			10	%
Pretax operating earnings (1)	$	102		$	257		$	171		$	174		$	149		$	236		$	323		$	47		46	%	$	87		37	%	$	(25	)	(14	)%
Pretax segment income	$	133		$	264		$	131		$	154		$	143		$	253		$	297		$	10		8	%	$	44		17	%	$	(11	)	(7	)%
Margins
Pretax segment margin	21.1		%	42.2		%	20.4		%	24.1		%	21.5		%	20.5		%	22.7		%	0.4		%			2.2		%			(2.6		)%
Pretax operating margin (1)	16.3		%	41.0		%	26.8		%	27.1		%	22.4		%	19.3		%	24.7		%	6.1		%			5.4		%			(4.7		)%
Return on Equity
Allocated equity	$	2,395		$	2,539		$	2,582		$	2,696		$	2,821		$	2,395		$	2,821		$	426		18	%	$	426		18	%	$	125		5	%
Return on allocated equity (1)(2)	22.9		%	21.4		%	20.0		%	20.6		%	19.8		%	22.9		%	19.8		%	(3.1		)%			(3.1		)%			(0.8		)%
Operating return on allocated equity (1)(3)	22.2		%	20.1		%	20.3		%	21.1		%	21.4		%	22.2		%	21.4		%	(0.8		)%			(0.8		)%			0.3		%
Market impact on variable annuity guaranteed living benefits (4)
FAS 157 valuation impact	$	54		$	(8	)	$	(45	)	$	(7	)	$	18		$	48		$	11		$	(36	)	(67	)%	$	(37	)	(77	)%	$	25			#
Other	(27		)	16			2			(10		)	(25		)	(38		)	(35		)	2			7	%	3			8	%	(15		)		#
Total VA guaranteed living benefit impact excluded from operating earnings	$	27		$	8		$	(43	)	$	(17	)	$	(7	)	$	10		$	(24	)	$	(34	)		#	$	(34	)		#	$	10		59	%
Total annuity net flows	$	9		$	325		$	177		$	(144	)	$	(49	)	$	(59	)	$	(193	)	$	(58	)		#	$	(134	)		#	$	95		66	%

(1)See non-GAAP financial information on pg 36.

(2)Calculated using net income subject to the quarterly effective tax rate excluding CIEs for the last four quarters in the numerator and the average allocated equity as of the last day of the trailing four quarters and current quarter in the denominator.

(3)Calculated using operating earnings subject to the quarterly operating effective tax rate for the last four quarters in the numerator and the average allocated equity as of the last day of the trailing four quarters and current quarter in the denominator.

(4)Guaranteed Minimum Withdrawal Benefit (GMWB) and Guaranteed Minimum Accumulation Benefit (GMAB) only, net of DAC and DSIC.

# Variance of greater than 100%.

24

Ameriprise Financial, Inc.

Annuities Segment

Second Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 2Q					YTD Chg - 2Q					Seq Qtr Chg - 2Q
(in millions unless otherwise noted, unaudited)	2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Product Information
Variable Annuities
Pretax operating earnings (1)	$	41		$	80		$	105		$	103		$	85		$	115		$	188		$	44		#		$	73		63	%	$	(18	)	(17	)%
Allocated equity	$	1,083		$	1,133		$	1,261		$	1,274		$	1,409		$	1,083		$	1,409		$	326		30	%	$	326		30	%	$	135		11	%
Operating return on allocated equity (1)(2)	32.4		%	20.7		%	20.7		%	21.7		%	22.6		%	32.4		%	22.6		%	(9.8		)%			(9.8		)%			0.9		%
Fixed Annuities (3)
Pretax operating earnings (1)	$	61		$	177		$	66		$	71		$	64		$	121		$	135		$	3		5	%	$	14		12	%	$	(7	)	(10	)%
Allocated equity	$	1,312		$	1,406		$	1,321		$	1,422		$	1,412		$	1,312		$	1,412		$	100		8	%	$	100		8	%	$	(10	)	(1	)%
Operating return on allocated equity (1)(2)	14.9		%	19.6		%	19.9		%	20.6		%	20.3		%	14.9		%	20.3		%	5.4		%			5.4		%			(0.3		)%
Variable Annuities Rollforward
Beginning balance	$	56,978		$	54,025		$	58,974		$	62,637		$	64,741		$	55,106		$	62,637		$	7,763		14	%	$	7,531		14	%	$	2,104		3	%
Deposits	1,411			1,730			1,865			1,604			1,688			2,592			3,292			277			20	%	700			27	%	84			5	%
Withdrawals and terminations	(1,212		)	(1,246		)	(1,464		)	(1,500		)	(1,525		)	(2,295		)	(3,025		)	(313		)	(26	)%	(730		)	(32	)%	(25		)	(2	)%
Net flows	199			484			401			104			163			297			267			(36		)	(18	)%	(30		)	(10	)%	59			57	%
Investment performance and interest credited	(3,150		)	4,465			3,262			2,000			319			(1,291		)	2,319			3,469				#	3,610				#	(1,681		)	(84	)%
Other	(2		)	—			—			—			—			(87		)	—			2				#	87				#	—			—
Total ending balance - contract accumulation values	$	54,025		$	58,974		$	62,637		$	64,741		$	65,223		$	54,025		$	65,223		$	11,198		21	%	$	11,198		21	%	$	482		1	%
Variable annuities fixed sub-accounts	$	4,914		$	4,926		$	4,864		$	4,790		$	4,750		$	4,914		$	4,750		$	(164	)	(3	)%	$	(164	)	(3	)%	$	(40	)	(1	)%
Fixed Annuities Rollforward
Beginning balance	$	14,599		$	14,547		$	14,527		$	14,441		$	14,324		$	14,623		$	14,441		$	(275	)	(2	)%	$	(182	)	(1	)%	$	(117	)	(1	)%
Deposits	130			140			96			95			121			293			216			(9		)	(7	)%	(77		)	(26	)%	26			27	%
Withdrawals and terminations	(320		)	(299		)	(320		)	(343		)	(333		)	(649		)	(676		)	(13		)	(4	)%	(27		)	(4	)%	10			3	%
Net flows	(190		)	(159		)	(224		)	(248		)	(212		)	(356		)	(460		)	(22		)	(12	)%	(104		)	(29	)%	36			15	%
Policyholder interest credited	138			139			138			131			130			280			261			(8		)	(6	)%	(19		)	(7	)%	(1		)	(1	)%
Other	—			—			—			—			—			—			—			—			—		—			—		—			—
Total ending balance - contract accumulation values	$	14,547		$	14,527		$	14,441		$	14,324		$	14,242		$	14,547		$	14,242		$	(305	)	(2	)%	$	(305	)	(2	)%	$	(82	)	(1	)%
Capitalized interest	$	3		$	1		$	2		$	1		$	2		$	8		$	3		$	(1	)	(33	)%	$	(5	)	(63	)%	$	1			#
Payout Annuities Reserve Balance	$	2,105		$	2,111		$	2,111		$	2,109		$	2,128		$	2,105		$	2,128		$	23		1	%	$	23		1	%	$	19		1	%
Tax Equivalent Spread - Fixed Annuities (4)
Gross rate of return on invested assets (5)	6.1		%	6.5		%	6.4		%	6.3		%	6.2		%	6.1		%	6.2		%	0.1		%			0.1		%			(0.1		)%
Crediting rate excluding capitalized interest	(3.9		)%	(3.8		)%	(3.8		)%	(3.7		)%	(3.7		)%	(3.9		)%	(3.7		)%	0.2		%			0.2		%			—
Tax equivalent margin spread	2.2		%	2.7		%	2.6		%	2.6		%	2.5		%	2.2		%	2.5		%	0.3		%			0.3		%			(0.1		)%
Total Variable Annuities DAC
Beginning balance	$	2,121		$	2,082		$	2,378		$	2,493		$	2,522		$	2,132		$	2,493		$	401		19	%	$	361		17	%	$	29		1	%
Capitalization	77			92			97			76			75			130			151			(2		)	(3	)%	21			16	%	(1		)	(1	)%
Amortization due to market impact on VA guaranteed living benefits	(41		)	(10		)	29			10			—			(35		)	10			41				#	45				#	(10		)		#
Operating amortization per income statement	(63		)	232			(43		)	(59		)	(68		)	(115		)	(127		)	(5		)	(8	)%	(12		)	(10	)%	(9		)	(15	)%
Other	(12		)	(18		)	32			2			(14		)	(30		)	(12		)	(2		)	(17	)%	18			60	%	(16		)		#
Total ending balance	$	2,082		$	2,378		$	2,493		$	2,522		$	2,515		$	2,082		$	2,515		$	433		21	%	$	433		21	%	$	(7	)	—
Total Fixed Annuities DAC
Beginning balance	$	247		$	198		$	229		$	272		$	265		$	301		$	272		$	18		7	%	$	(29	)	(10	)%	$	(7	)	(3	)%
Capitalization	6			4			4			2			4			13			6			(2		)	(33	)%	(7		)	(54	)%	2				#
Amortization per income statement	(17		)	64			(15		)	(14		)	(14		)	(31		)	(28		)	3			18	%	3			10	%	—			—
Other	(38		)	(37		)	54			5			(17		)	(85		)	(12		)	21			55	%	73			86	%	(22		)		#
Total ending balance	$	198		$	229		$	272		$	265		$	238		$	198		$	238		$	40		20	%	$	40		20	%	$	(27	)	(10	)%

(1)See non-GAAP financial information on pg 36.

(2)Calculated using operating earnings subject to the quarterly operating effective tax rate for the last four quarters in the numerator and the average allocated equity as of the last day of the trailing four quarters and current quarter in the denominator.

(3)Includes payout annuities.

(4)Attributable to interest sensitive products only, which has been approximately 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)In the 2nd, 3rd, and 4th quarters of 2010 and in the 1st and 2nd quarters of 2011, the Gross rates of return on invested assets were impacted by outstanding repurchase agreements.  Without these positions, the Gross rates of return on invested assets would have been 6.0%, 6.2%, 6.1%, 6.0% and 5.8% respectively.

# Variance of greater than 100%.

25

Statistical Supplement Package

(unaudited)

Second Quarter 2011

Protection Segment

26

Ameriprise Financial, Inc.

Protection Segment

Second Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 2Q					YTD Chg - 2Q					Seq Qtr Chg - 2Q
(in millions unless otherwise noted, unaudited)	2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Operating Income Statements
Revenues
Management and financial advice fees	$	13		$	13		$	15		$	14		$	15		$	26		$	29		$	2		15	%	$	3		12	%	$	1		7	%
Distribution fees	24			24			24			23			23			48			46			(1		)	(4	)%	(2		)	(4	)%	—			—
Net investment income	110			108			108			107			109			212			216			(1		)	(1	)%	4			2	%	2			2	%
Premiums	262			264			266			262			267			517			529			5			2	%	12			2	%	5			2	%
Other revenues	109			91			112			110			108			219			218			(1		)	(1	)%	(1		)	—		(2		)	(2	)%
Total revenues	518			500			525			516			522			1,022			1,038			4			1	%	16			2	%	6			1	%
Banking and deposit interest expense	—			—			1			—			—			—			—			—			—		—			—		—			—
Operating total net revenues (1)	518			500			524			516			522			1,022			1,038			4			1	%	16			2	%	6			1	%
Expenses
Distribution expenses	9			8			7			6			10			17			16			1			11	%	(1		)	(6	)%	4			67	%
Interest credited to fixed accounts	37			39			35			35			35			73			70			(2		)	(5	)%	(3		)	(4	)%	—			—
Benefits, claims, losses and settlement expenses	239			295			291			259			279			473			538			40			17	%	65			14	%	20			8	%
Amortization of deferred acquisition costs	45			35			51			49			50			97			99			5			11	%	2			2	%	1			2	%
Interest and debt expense	—			—			—			—			—			—			—			—			—		—			—		—			—
General and administrative expense	55			56			56			61			61			111			122			6			11	%	11			10	%	—			—
Operating expenses (1)	385			433			440			410			435			771			845			50			13	%	74			10	%	25			6	%
Pretax operating earnings (1)	$	133		$	67		$	84		$	106		$	87		$	251		$	193		$	(46	)	(35	)%	$	(58	)	(23	)%	$	(19	)	(18	)%
Pretax segment income	$	134		$	67		$	83		$	107		$	90		$	253		$	197		$	(44	)	(33	)%	$	(56	)	(22	)%	$	(17	)	(16	)%
Margins
Pretax segment margin	25.8		%	13.4		%	15.9		%	20.7		%	17.1		%	24.7		%	18.9		%	(8.7		)%			(5.8		)%			(3.6		)%
Pretax operating margin (1)	25.7		%	13.4		%	16.0		%	20.5		%	16.7		%	24.6		%	18.6		%	(9.0		)%			(6.0		)%			(3.8		)%
Return on Equity
Allocated equity	$	2,654		$	2,668		$	2,596		$	2,594		$	2,555		$	2,654		$	2,555		$	(99	)	(4	)%	$	(99	)	(4	)%	$	(39	)	(2	)%
Return on allocated equity (1)(2)	16.3		%	13.6		%	11.9		%	11.5		%	10.0		%	16.3		%	10.0		%	(6.3		)%			(6.3		)%			(1.5		)%
Operating return on allocated equity (1)(3)	15.5		%	13.1		%	11.8		%	11.4		%	9.8		%	15.5		%	9.8		%	(5.7		)%			(5.7		)%			(1.6		)%
Product Information
Long Term Care
Pretax operating earnings (1)	$	6		$	6		$	10		$	9		$	8		$	20		$	17		$	2		33	%	$	(3	)	(15	)%	$	(1	)	(11	)%
Allocated equity	$	636		$	651		$	648		$	648		$	657		$	636		$	657		$	21		3	%	$	21		3	%	$	9		1	%
Operating return on allocated equity (1)(3)	5.2		%	4.7		%	4.3		%	3.7		%	3.8		%	5.2		%	3.8		%	(1.4		)%			(1.4		)%			0.1		%
Protection excluding Long Term Care
Pretax operating earnings (1)	$	127		$	61		$	74		$	97		$	79		$	231		$	176		$	(48	)	(38	)%	$	(55	)	(24	)%	$	(18	)	(19	)%
Allocated equity	$	2,018		$	2,017		$	1,948		$	1,946		$	1,898		$	2,018		$	1,898		$	(120	)	(6	)%	$	(120	)	(6	)%	$	(48	)	(2	)%
Operating return on allocated equity (1)(3)	18.7		%	15.7		%	14.2		%	13.9		%	11.8		%	18.7		%	11.8		%	(6.9		)%			(6.9		)%			(2.1		)%

(1)See non-GAAP financial information on pg 36.

(2)Calculated using net income subject to the quarterly effective tax rate excluding CIEs for the last four quarters in the numerator and the average allocated equity as of the last day of the trailing four quarters and current quarter in the denominator.

(3)Calculated using operating earnings subject to the quarterly operating effective tax rate for the last four quarters in the numerator and the average allocated equity as of the last day of the trailing four quarters and current quarter in the denominator.

27

Ameriprise Financial, Inc.

Protection Segment

Second Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr  Chg - 2Q					YTD  Chg - 2Q					Seq  Qtr Chg - 2Q
(in millions unless otherwise noted, unaudited)	2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Cash Sales
VUL / UL(1)	$	59		$	54		$	54		$	37		$	48		$	113		$	85		$	(11	)	(19	)%	$	(28	)	(25	)%	$	11		30	%
Term and whole life	3			4			3			3			2			6			5			(1		)	(33	)%	(1		)	(17	)%	(1		)	(33	)%
Disability insurance	2			2			1			1			2			3			3			—			—		—			—		1				#
Auto and home	177			188			174			185			186			354			371			9			5	%	17			5	%	1			1	%
Total cash sales	$	241		$	248		$	232		$	226		$	238		$	476		$	464		$	(3	)	(1	)%	$	(12	)	(3	)%	$	12		5	%
VUL / UL Policyholder Account Balances
Beginning balance	$	9,009		$	8,560		$	9,079		$	9,492		$	9,698		$	8,803		$	9,492		$	689		8	%	$	689		8	%	$	206		2	%
Premiums and deposits	233			226			241			225			225			469			450			(8		)	(3	)%	(19		)	(4	)%	—			—
Investment performance and interest	(413		)	570			457			269			43			(166		)	312			456				#	478				#	(226		)	(84	)%
Withdrawals and surrenders	(269		)	(277		)	(286		)	(288		)	(272		)	(546		)	(560		)	(3		)	(1	)%	(14		)	(3	)%	16			6	%
Other	—			—			1			—			—			—			—			—			—		—			—		—			—
Total ending balance	$	8,560		$	9,079		$	9,492		$	9,698		$	9,694		$	8,560		$	9,694		$	1,134		13	%	$	1,134		13	%	$	(4	)	—
Premiums by Product
Term and whole life	$	15		$	13		$	13		$	13		$	14		$	28		$	27		$	(1	)	(7	)%	$	(1	)	(4	)%	$	1		8	%
Disability insurance	42			42			40			40			41			83			81			(1		)	(2	)%	(2		)	(2	)%	1			3	%
Long term care	30			30			31			29			29			59			58			(1		)	(3	)%	(1		)	(2	)%	—			—
Auto and home	171			175			177			175			180			338			355			9			5	%	17			5	%	5			3	%
Intercompany premiums	4			4			5			5			3			9			8			(1		)	(25	)%	(1		)	(11	)%	(2		)	(40	)%
Total premiums by product	$	262		$	264		$	266		$	262		$	267		$	517		$	529		$	5		2	%	$	12		2	%	$	5		2	%
Auto and Home Insurance
Policy count (thousands)	623			639			650			664			677			623			677			54			9	%	54			9	%	13			2	%
Loss ratio	80.3		%	80.1		%	96.5		%	85.6		%	90.9		%	80.8		%	88.3		%	10.6		%			7.5		%			5.3		%
Expense ratio	15.1		%	15.7		%	16.3		%	15.4		%	15.3		%	14.9		%	15.3		%	0.2		%			0.4		%			(0.1		)%
Combined ratio	95.4		%	95.8		%	112.8		%	101.0		%	106.2		%	95.7		%	103.6		%	10.8		%			7.9		%			5.2		%
DAC Rollforward
Life and Health
Beginning balance	$	1,828		$	1,798		$	1,787		$	1,813		$	1,811		$	1,852		$	1,813		$	(17	)	(1	)%	$	(39	)	(2	)%	$	(2	)	—
Capitalization	31			29			32			27			28			58			55			(3		)	(10	)%	(3		)	(5	)%	1			4	%
Amortization per income statement	(33		)	(21		)	(36		)	(34		)	(35		)	(72		)	(69		)	(2		)	(6	)%	3			4	%	(1		)	(3	)%
Other	(28		)	(19		)	30			5			(13		)	(40		)	(8		)	15			54	%	32			80	%	(18		)		#
Total ending balance	$	1,798		$	1,787		$	1,813		$	1,811		$	1,791		$	1,798		$	1,791		$	(7	)	—		$	(7	)	—		$	(20	)	(1	)%
Life Insurance in Force	$	192,192		$	192,102		$	191,819		$	191,657		$	191,823		$	192,192		$	191,823		$	(369	)	—		$	(369	)	—		$	166		—
Net Amount at Risk	$	50,952		$	49,713		$	48,335		$	47,583		$	46,883		$	50,952		$	46,883		$	(4,069	)	(8	)%	$	(4,069	)	(8	)%	$	(700	)	(1	)%
Net Policyholder Reserves
VUL / UL	$	7,560		$	8,102		$	8,517		$	8,737		$	8,744		$	7,560		$	8,744		$	1,184		16	%	$	1,184		16	%	$	7		—
Term and whole life	230			235			235			234			235			230			235			5			2	%	5			2	%	1			—
Disability insurance	489			498			504			511			517			489			517			28			6	%	28			6	%	6			1	%
Long term care and other	2,464			2,489			2,514			2,524			2,538			2,464			2,538			74			3	%	74			3	%	14			1	%
Auto and home loss and LAE reserves	318			317			328			328			338			318			338			20			6	%	20			6	%	10			3	%
Total net policyholder reserves	$	11,061		$	11,641		$	12,098		$	12,334		$	12,372		$	11,061		$	12,372		$	1,311		12	%	$	1,311		12	%	$	38		—

(1)      Includes lump sum deposits.

# Variance of greater than 100%.

28

Statistical Supplement Package

(unaudited)

Second Quarter 2011

Corporate & Other Segment

29

Ameriprise Financial, Inc.

Corporate & Other Segment (2)

Second Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 2Q					YTD Chg - 2Q					Seq Qtr Chg - 2Q
(in millions unless otherwise noted, unaudited)	2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Operating Income Statements
Revenues
Management and financial advice fees	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		—		$	—		—		$	—		—
Distribution fees	—			—			—			—			—			—			—			—			—		—			—		—			—
Net investment income	(13		)	—			(7		)	(7		)	(6		)	(14		)	(13		)	7			54	%	1			7	%	1			14	%
Premiums	—			—			—			—			—			—			—			—			—		—			—		—			—
Other revenues	2			4			1			1			28			23			29			26				#	6			26	%	27				#
Total revenues	(11		)	4			(6		)	(6		)	22			9			16			33				#	7			78	%	28				#
Banking and deposit interest expense	3			—			—			—			—			3			—			(3		)		#	(3		)		#	—			—
Operating total net revenues (1)	(14		)	4			(6		)	(6		)	22			6			16			36				#	10				#	28				#
Expenses
Distribution expenses	—			—			1			—			1			—			1			1			—		1			—		1			—
Interest credited to fixed accounts	—			—			—			—			—			—			—			—			—		—			—		—			—
Benefits, claims, losses and settlement expenses	—			—			—			—			—			—			—			—			—		—			—		—			—
Amortization of deferred acquisition costs	—			—			—			—			—			—			—			—			—		—			—		—			—
Interest and debt expense	29			27			27			25			24			53			49			(5		)	(17	)%	(4		)	(8	)%	(1		)	(4	)%
General and administrative expense	36			24			34			34			38			62			72			2			6	%	10			16	%	4			12	%
Operating expenses (1)	65			51			62			59			63			115			122			(2		)	(3	)%	7			6	%	4			7	%
Pretax operating (loss) (1)	$	(79	)	$	(47	)	$	(68	)	$	(65	)	$	(41	)	$	(109	)	$	(106	)	$	38		48	%	$	3		3	%	$	24		37	%
Pretax segment income (loss)	$	56		$	(77	)	$	(83	)	$	(81	)	$	(67	)	$	109		$	(148	)	$	(123	)		#	$	(257	)		#	$	14		17	%
Pretax segment (loss) attributable to Ameriprise Financial	$	(83	)	$	(45	)	$	(57	)	$	(63	)	$	(39	)	$	(112	)	$	(102	)	$	44		53	%	$	10		9	%	$	24		38	%

(1)See non-GAAP financial information on pg 36.

(2)Prior period quarters have been recast to reflect the transfer of Securities America financial data to discontinued operations from the Corporate & Other segment.

# Variance of greater than 100%.

30

Ameriprise Financial, Inc.

Eliminations (1)

Second Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 2Q					YTD Chg - 2Q					Seq Qtr Chg - 2Q
(in millions unless otherwise noted, unaudited)	2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Operating Income Statements
Revenues
Management and financial advice fees	$	(31	)	$	(31	)	$	(33	)	$	(28	)	$	(29	)	$	(63	)	$	(57	)	$	2		6	%	$	6		10	%	$	(1	)	(4	)%
Distribution fees	(245		)	(272		)	(274		)	(278		)	(294		)	(441		)	(572		)	(49		)	(20	)%	(131		)	(30	)%	(16		)	(6	)%
Net investment income	—			—			(1		)	—			—			—			—			—			—		—			—		—			—
Premiums	(5		)	(4		)	(5		)	(4		)	(4		)	(9		)	(8		)	1			20	%	1			11	%	—			—
Other revenues	—			—			—			—			—			—			—			—			—		—			—		—			—
Total revenues	(281		)	(307		)	(313		)	(310		)	(327		)	(513		)	(637		)	(46		)	(16	)%	(124		)	(24	)%	(17		)	(5	)%
Banking and deposit interest expense	(1		)	—			(1		)	(1		)	—			(1		)	(1		)	1				#	—			—		1				#
Operating total net revenues (2)	(280		)	(307		)	(312		)	(309		)	(327		)	(512		)	(636		)	(47		)	(17	)%	(124		)	(24	)%	(18		)	(6	)%
Expenses
Distribution expenses	(231		)	(252		)	(256		)	(262		)	(283		)	(416		)	(545		)	(52		)	(23	)%	(129		)	(31	)%	(21		)	(8	)%
Interest credited to fixed accounts	—			—			—			—			—			—			—			—			—		—			—		—			—
Benefits, claims, losses and settlement expenses	—			—			—			—			—			—			—			—			—		—			—		—			—
Amortization of deferred acquisition costs	—			—			—			—			—			—			—			—			—		—			—		—			—
Interest and debt expense	—			—			—			—			—			—			—			—			—		—			—		—			—
General and administrative expense	(49		)	(55		)	(56		)	(47		)	(44		)	(96		)	(91		)	5			10	%	5			5	%	3			6	%
Operating expenses (2)	(280		)	(307		)	(312		)	(309		)	(327		)	(512		)	(636		)	(47		)	(17	)%	(124		)	(24	)%	(18		)	(6	)%
Pretax operating earnings (2)	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		—		$	—		—		$	—		—

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

(2)See non-GAAP financial information on pg 36.

# Variance of greater than 100%.

31

Statistical Supplement Package

(unaudited)

Second Quarter 2011

Balance Sheet and Ratings Information

32

Ameriprise Financial, Inc.

Consolidated Balance Sheets

Second Quarter 2011

(in millions, unaudited)	June 30, 2010			September 30, 2010			December 31, 2010			March 31, 2011			June 30, 2011
Assets (2)
Ameriprise Financial
Cash and cash equivalents	$	3,807		$	3,663		$	2,838		$	2,437		$	2,528
Investments	36,518			37,975			37,053			37,457			37,947
Separate account assets	58,029			64,014			68,330			70,260			70,763
Receivables (1)	4,595			4,556			4,849			5,036			5,187
Deferred acquisition costs	4,123			4,437			4,619			4,638			4,582
Restricted and segregated cash	1,272			1,447			1,516			1,472			1,478
Other assets (1)	5,801			6,028			4,965			5,106			5,393
Assets held for sale	167			167			173			166			162
Total Ameriprise Financial assets	114,312			122,287			124,343			126,572			128,040
Consolidated Investment Entities
Cash and cash equivalents	570			403			472			906			479
Investments	5,437			5,375			5,444			5,363			5,416
Receivables	92			77			60			84			96
Other assets	685			885			895			920			1,107
Total Consolidated Investment Entities assets	6,784			6,740			6,871			7,273			7,098
Total Assets	$	121,096		$	129,027		$	131,214		$	133,845		$	135,138
Liabilities (2)
Ameriprise Financial
Future policy benefits and claims	$	30,677		$	31,124		$	30,208		$	29,817		$	30,002
Separate account liabilities	58,029			64,014			68,330			70,260			70,763
Customer deposits	8,421			8,492			8,779			8,911			9,430
Short-term borrowings	484			869			397			497			505
Long-term debt	2,684			2,735			2,317			2,298			2,332
Accounts payable and accrued expenses	996			1,025			1,112			861			1,045
Other liabilities	3,144			3,638			2,983			3,729			3,724
Liabilities held for sale	62			62			79			190			190
Total Ameriprise Financial liabilities	104,497			111,959			114,205			116,563			117,991
Consolidated Investment Entities
Debt	5,296			5,456			5,535			5,712			5,702
Accounts payable and accrued expenses	21			26			22			22			27
Other liabilities	163			82			167			359			190
Total Consolidated Investment Entities liabilities	5,480			5,564			5,724			6,093			5,919
Total Liabilities	109,977			117,523			119,929			122,656			123,910
Shareholders’ Equity
Ameriprise Financial
Common shares ($.01 par)	3			3			3			3			3
Additional paid-in capital	5,869			5,917			6,029			6,043			6,108
Retained earnings	5,658			5,955			6,190			6,385			6,629
Appropriated retained earnings of consolidated investment entities	620			590			558			530			494
Treasury stock	(2,259		)	(2,412		)	(2,620		)	(2,952		)	(3,319		)
Accumulated other comprehensive income, net of tax	607			897			565			542			633
Total Ameriprise Financial shareholders’ equity	10,498			10,950			10,725			10,551			10,548
Noncontrolling interests	621			554			560			638			680
Total Equity	11,119			11,504			11,285			11,189			11,228
Total Liabilities and Shareholders’ Equity	$	121,096		$	129,027		$	131,214		$	133,845		$	135,138

(1)Reclassed Threadneedle receivable from Receivables to Other Assets for all periods.

(2)Assets and liabilities have been recast to reflect the transfer of discontinued operations to Assets held for sale and Liabilities held for sale, respectively.

33

Ameriprise Financial, Inc.

Capital and Ratings Information

Second Quarter 2011

(in millions unless otherwise noted, unaudited)	June 30, 2010			September 30, 2010			December 31, 2010			March 31, 2011			June 30, 2011
Long-term Debt Summary
Senior notes	$	2,356		$	2,407		$	2,003		$	1,990		$	2,024
Junior subordinated notes	322			322			308			308			308
Non-recourse debt for inverse floaters	6			6			6			—			—
Total Ameriprise Financial long-term debt	2,684			2,735			2,317			2,298			2,332
Non-recourse debt of consolidated investment entities	5,296			5,456			5,535			5,712			5,702
Total long-term debt	$	7,980		$	8,191		$	7,852		$	8,010		$	8,034
Total Ameriprise Financial long-term debt	$	2,684		$	2,735		$	2,317		$	2,298		$	2,332
Total non-recourse debt for inverse floaters	(6		)	(6		)	(6		)	—			—
Fair value of hedges and unamortized discount	(66		)	(117		)	(53		)	(40		)	(74		)
Total Ameriprise Financial long-term debt excluding non-recourse debt for inverse floaters, fair value of hedges and unamortized discount (1)	$	2,612		$	2,612		$	2,258		$	2,258		$	2,258
Total equity (3)	$	11,119		$	11,504		$	11,285		$	11,189		$	11,228
Noncontrolling interests	(621		)	(554		)	(560		)	(638		)	(680		)
Total Ameriprise Financial shareholders’ equity	10,498			10,950			10,725			10,551			10,548
Assets and liabilities held for sale	(105		)	(105		)	(94		)	24			28
Equity of consolidated investment entities	(596		)	(561		)	(529		)	(501		)	(464		)
Total Ameriprise Financial shareholders’ equity from continuing operations excluding CIEs (1)	$	9,797		$	10,284		$	10,102		$	10,074		$	10,112
Total Ameriprise Financial capital	$	13,182		$	13,685		$	13,042		$	12,849		$	12,880
Total Ameriprise Financial capital from continuing operations excluding fair value of hedges, unamortized discount, non-recourse debt for inverse floaters and equity of CIEs (1)	$	12,409		$	12,896		$	12,360		$	12,332		$	12,370
Debt to capital
Total Ameriprise Financial long-term debt to total Ameriprise Financial capital	20.4		%	20.0		%	17.8		%	17.9		%	18.1		%
Total Ameriprise Financial long-term debt to total Ameriprise Financial capital from continuing operations excluding fair value of hedges, unamortized discount, non-recourse debt for inverse floaters and equity of CIEs (1)	21.0		%	20.3		%	18.3		%	18.3		%	18.3		%

Ratings (as of June 30, 2011 earnings release date)	A.M. Best Company	Standard & Poor’s Rating Services	Moody’s Investors Service, Inc.	Fitch Ratings Ltd.
Claims Paying Ratings (2)
RiverSource Life Insurance Company	A+	AA-	Aa3	AA-
IDS Property Casualty Ins. Company	A	N/R	N/R	N/R
Debt Ratings (2)
Ameriprise Financial, Inc.	a-	A	A3	A-

(1) See non-GAAP financial information on pg 36.

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

(3) Includes accumulated other comprehensive income, net of tax.

N/R - Not Rated.

34

Ameriprise Financial, Inc.

Ameriprise Financial Investments (1)

Second Quarter 2011

(in millions unless otherwise noted, unaudited)	June 30, 2010			September 30, 2010			December 31, 2010			March 31, 2011			June 30, 2011
Cash and cash equivalents	$	3,807		$	3,663		$	2,838		$	2,437		$	2,528
Investments - Ending Balances
Available-for-Sale Securities
Corporate debt securities	16,078			17,093			16,606			16,676			16,634
Residential mortgage backed securities	7,473			7,481			7,258			7,562			7,712
Commercial mortgage backed securities	4,681			4,969			4,868			4,702			4,735
Asset backed securities	1,966			2,009			2,020			2,015			2,063
Total mortgage and other asset backed securities	14,120			14,459			14,146			14,279			14,510
Other structured investments	—			—			—			—			—
State and municipal obligations	1,608			1,695			1,582			1,836			1,957
US government and agencies obligations	178			147			143			93			94
Foreign government bonds and obligations	110			112			108			108			124
Common and preferred stocks	48			54			10			10			10
Other AFS	74			26			24			28			58
Total other	2,018			2,034			1,867			2,075			2,243
Total available-for-sale securities	32,216			33,586			32,619			33,030			33,387
Commercial mortgage loans	2,670			2,670			2,615			2,582			2,560
Allowance for loan losses	(39		)	(39		)	(38		)	(36		)	(36		)
Commercial mortgage loans, net	2,631			2,631			2,577			2,546			2,524
Policy loans	725			732			733			731			736
Trading securities	539			566			565			578			605
Other investments	407			460			559			572			695
Total investments	36,518			37,975			37,053			37,457			37,947
Total cash, cash equivalents and investments	$	40,325		$	41,638		$	39,891		$	39,894		$	40,475
Net unrealized gain Available-for-Sale Securities	$	1,581		$	2,272		$	1,486		$	1,391		$	1,673
AFS Fixed Maturity Asset Quality - %
AAA	41		%	39		%	39		%	39		%	39		%
AA	6		%	6		%	6		%	6		%	6		%
AFS securities AA and above	47		%	45		%	45		%	45		%	45		%
A	14		%	15		%	14		%	14		%	15		%
BBB	34		%	35		%	35		%	36		%	35		%
Below investment grade	5		%	5		%	6		%	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	5		%	5		%	5		%	5		%	5		%

(1)   Investments excluding investments of CIEs.

35

Ameriprise Financial, Inc.

Non-GAAP Financial Information

Ameriprise Financial, Inc. (the Company) prepares its financial statements in accordance with 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.  Management believes that the presentation of these non-GAAP financial measures best reflect the underlying performance of the Company and facilitate 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 46 - 49.

These non-GAAP measures include: 

· Adjusted net pretax operating margin;

· Adjusted operating earnings;

· Adjusted operating revenues;

· Ameriprise Financial shareholders’ equity from continuing operations excluding AOCI;

· Ameriprise Financial shareholders’ equity from continuing operations excluding CIEs;

· Ameriprise Financial shareholders’ equity from continuing operations excluding CIEs and AOCI;

· Basic operating earnings per share;

· Effective tax rate excluding CIEs;

· Operating earnings (loss);

· Operating earnings per diluted share;

· Operating effective tax rate;

· Operating expenses;

· Operating net investment income;

· Operating return on allocated equity;

· Operating return on equity excluding CIEs and AOCI;

· Operating total net revenues;

· Pretax operating earnings (loss);

· Pretax operating margin;

· Return on allocated equity;

· Return on equity excluding AOCI;

· Total Ameriprise Financial capital from continuing operations excluding fair value of hedges, unamortized discount, non-recourse debt for inverse floaters and equity of CIEs;

· Total Ameriprise Financial long-term debt excluding non-recourse debt for inverse floaters, fair value of hedges and unamortized discount;

· Total Ameriprise Financial long-term debt to total Ameriprise Financial capital from continuing operations excluding fair value of hedges, unamortized discount, non-recourse debt for inverse floaters and equity of CIEs

Reclassification

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

36

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. Ameriprise financial advisors utilize a diversified selection of both affiliated and non-affiliated 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 invested assets primarily from certificate and banking products. This segment earns revenues (distribution fees) for distributing non-affiliated products and earns intersegment revenues (distribution fees) for distributing our affiliated 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, LLC, formerly known as RiverSource Investments, LLC, predominantly provides U.S. domestic products and services and Threadneedle Asset Management Holdings Sàrl (Threadneedle) predominantly provides international investment products and services. Columbia retail products are distributed through our Advice & Wealth Management segment and also through unaffiliated third party financial institutions, including distribution through Bank of America and its affiliates. Institutional products and services are primarily sold through our institutional sales force. Threadneedle retail products are primarily distributed through third parties. Retail products include mutual funds and variable product funds underlying insurance and annuity separate accounts. Institutional asset management services are designed to meet specific client objectives and may involve a range of products including those that focus on traditional asset classes, separately managed accounts, individually managed accounts, collateralized loan obligations, hedge funds, collective 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. In addition to the products and services provided to third party clients, management teams serving our Asset Management segment provide all intercompany asset management services. The fees for all such services are reflected within the Asset Management segment results through intersegment transfer pricing. 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. Prior to the fourth quarter of 2010, our variable annuity products were distributed through affiliated financial advisors as well as unaffiliated advisors through third-party distribution. During the fourth quarter of 2010, we discontinued new sales of our variable annuities in non-Ameriprise channels to further strengthen the risk and return characteristics of the business.  Our fixed annuity products are distributed through affiliated advisors as well as unaffiliated advisors 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 invested 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 invested 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 Variable Series Trust, Columbia Funds Variable Insurance Trust, Columbia Funds Variable Insurance Trust I and Wanger Advisors Trust 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 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 Ameriprise 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 we receive to assume insurance-related risk. We earn net investment income on invested 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 Variable Series Trust, Columbia Funds Variable Insurance Trust, Columbia Funds Variable Insurance Trust I and Wanger Advisors Trust 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. Effective with results reported in second quarter 2011, results of operations attributable to Securities America have been transferred from the Corporate & Other segment to discontinued operations.  All prior periods have been restated.

37

Ameriprise Financial, Inc.

Glossary of Selected Terminology

Adjusted Net Pretax Operating Margin - An internal measure designed to calculate operating margins similar to how asset management companies define operating margins. A ratio representing adjusted operating earnings as a percentage of adjusted operating revenues for the asset management segment.

Adjusted Operating Earnings - Asset management segment pretax operating earnings less operating net investment income plus amortization of intangibles.

Adjusted Operating Revenues - The following is a list of items subtracted from asset management segment operating total net revenues to arrive at Adjusted Operating Revenues:  operating net investment income, pass through distribution revenue, other pass through fees and subadvisory expenses.

Allocated Equity - The internal allocation of consolidated Ameriprise Financial shareholders’ equity, excluding accumulated other comprehensive income (loss), CIEs, and the net of assets and liabilities held for sale 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. Allocated equity is not adjusted for non-operating items except for CIEs and the net of assets and liabilities held for sale.

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.

Assets Under Administration - Assets under administration 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 generally record fees received from administered assets as distribution fees. 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. Assets under administration also 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-affiliated funds held in the separate accounts of our life insurance subsidiaries. These assets do not include assets under advisement, for which we provide model portfolios but do not have full discretionary investment authority.

Assets Under Management - Assets under management include assets for which we provide investment management services, such as the assets of the Columbia funds and Threadneedle funds, assets of institutional clients and client assets held in wrap accounts as well as assets managed by sub-advisors selected by us. Assets under management also include certain assets on our Consolidated Balance Sheets for which we provide investment management services and recognize management fees in our Asset Management segment, such as the assets of the general account, RiverSource Variable Product funds held in the separate accounts of our life insurance subsidiaries and client assets of CIEs. These assets do not include assets under advisement, for which we provide model portfolios, but do not have full discretionary investment authority.

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).

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 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.

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.

FAS 157 Valuation Impact - The portion of the market impact on variable annuity guaranteed living benefits related to liability valuation adjustments made in accordance with Financial Accounting Standards Board Accounting Standards Codification 820, Fair Value Measurements and Disclosures (“FAS 157”) that management considers to be non-economic, including the impact of discounting projected benefits at a rate reflecting a current estimate of RiverSource Life’s nonperformance spread.

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

Market Impact on Variable Annuity Guaranteed Living Benefits - The impact of changes in financial market conditions on benefit costs associated with variable annuity guaranteed living benefits accounted for as embedded derivatives, net of changes in associated hedge asset values and net of related impacts on DAC and DSIC amortization.  This market impact includes the FAS 157 valuation impact.

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

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

Net New Flows - Mutual or VP/VIT fund inflows less outflows.

Operating Earnings - Net income attributable to Ameriprise Financial less integration/restructuring charges, net of tax, market impact on variable annuity guaranteed living benefits, net of tax, income (loss) from discontinued operations, net of tax and realized gains, net of tax, plus realized losses, net of tax.

Operating Expenses - Total expenses less integration/restructuring charges, market impact on variable annuity guaranteed living benefits and expense from consolidated investment entities.

Operating Net Investment Income - Net investment income minus net realized gains (losses) and net investment income from consolidated investment entities.

Operating Return on Allocated Equity - Calculated using operating earnings subject to the quarterly operating effective tax rate for the last four quarters in the numerator and the average allocated equity as of the last day of the trailing four quarters and current quarter in the denominator.

Operating Total Net Revenues - Total net revenues less realized gains plus realized losses less revenue from consolidated investment entities.

Pretax Operating Earnings - Pretax segment income (loss) plus or minus net realized gains (losses) plus integration/restructuring charges plus market impact on variable annuity guaranteed living benefits minus pretax income (loss) from consolidated investment entities.

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) from continuing operations 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 segment income (loss) or pretax income (loss) as a percentage of total net revenues.

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

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 annuity 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 Ameriprise Financial Capital - Total Ameriprise Financial shareholders’ equity plus total Ameriprise Financial long-term debt. Total Ameriprise Financial capital is also presented from continuing operations excluding fair value of hedges, unamortized discount, non-recourse debt for inverse floaters and equity of CIEs.

Total Ameriprise Financial Long-term Debt to Total Ameriprise Financial Capital Ratio - A ratio comprised of total Ameriprise Financial long-term debt divided by Ameriprise Financial capital. We also present total Ameriprise Financial long-term debt to total Ameriprise Financial capital from continuing operations ratios excluding fair value of hedges, unamortized discount, non-recourse debt for inverse floaters and equity of consolidated investment entities. 

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 affiliated and non-affiliated 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.

38

Exhibit A

Statistical Supplement Package

(unaudited)

Second Quarter 2011

Disclosed Items

39

Ameriprise Financial, Inc.

Disclosed Items

2 Qtr 2011

Excluded from Operating Earnings

	Asset Management			Annuities					Protection		Corporate
						Market Impact on
	Integration			Securities		VA Guaranteed			Securities		Securities
(in millions, unaudited)	Charges (2)			Gains/(Losses) (1)		Living Benefits (3)			Gains/(Losses) (1)		Gains/(Losses) (1)		CIEs (4)
Revenues
Management and financial advice fees	$	—		$	—	$	—		$	—	$	—	$	—
Distribution fees	—			—		—			—		—		—
Net investment income	—			1		—			3		2		17
Premiums	—			—		—			—		—		—
Other revenues	—			—		—			—		—		18
Total revenues	—			1		—			3		2		35
Banking and deposit interest expense	—			—		—			—		—		—
Total net revenues	—			1		—			3		2		35
Expenses
Distribution expenses	—			—		—			—		—		—
Interest credited to fixed accounts	—			—		—			—		—		—
Benefits, claims, losses and settlement expenses	—			—		7			—		—		—
Amortization of deferred acquisition costs	—			—		—			—		—		—
Interest and debt expense	—			—		—			—		—		51
General and administrative expense	21			—		—			—		—		12
Total expenses	21			—		7			—		—		63
Pretax segment income (loss)	(21		)	1		(7		)	3		2		(28		)
Less: Net income (loss) attributable to noncontrolling interest	—			—		—			—		—		(28		)
Pretax segment gain (loss) attributable to Ameriprise Financial	$	(21	)	$	1	$	(7	)	$	3	$	2	$	—

Included in Operating Earnings

	Asset Management			Annuities			Protection						Corporate
				Market			Auto & Home			Auto & Home			Gain on
	Threadneedle			Impacts			Auto Liability			Catastrophe			Interest Rate
(in millions, unaudited)	Compensation (8)			to DAC/DSIC (5)			Reserves (9)			Losses (6)			Hedge (7)
Revenues
Management and financial advice fees	$	—		$	—		$	—		$	—		$	—
Distribution fees	—			—			—			—			—
Net investment income	—			—			—			—			—
Premiums	—			—			—			—			—
Other revenues	—			—			—			—			27
Total revenues	—			—			—			—			27
Banking and deposit interest expense	—			—			—			—			—
Total net revenues	—			—			—			—			27
Expenses
Distribution expenses	—			—			—			—			—
Interest credited to fixed accounts	—			—			—			—			—
Benefits, claims, losses and settlement expenses	—			—			10			15			—
Amortization of deferred acquisition costs	—			(3		)	—			—			—
Interest and debt expense	—			—			—			—			—
General and administrative expense	7			—			—			—			—
Total expenses	7			(3		)	10			15			—
Pretax segment income (loss)	(7		)	3			(10		)	(15		)	27
Less: Net income (loss) attributable to noncontrolling interest	—			—			—			—			—
Pretax segment gain (loss) attributable to Ameriprise Financial	$	(7	)	$	3		$	(10	)	$	(15	)	$	27

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

(2)Non-recurring integration charges related to Columbia Management acquisition

(3)Variable annuity guaranteed living benefit impacts include:

$6 million net expense related to hedged variable annuity living benefits

$1 million increase in DAC and DSIC amortization resulting from hedged living benefits

(4)Reflects revenues and expenses of Consolidated Investment Entities

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

(6)Catastrophe loss related to storms in April and May

(7)Gain on interest rate hedge put in place in anticipation of issuing debt.  The company did not issue debt and recognized a gain.

(8)Higher equity-based compensation at Threadneedle vs. a year ago

(9)Higher auto liability reserves reflecting elevated reserve levels based on late 2010 experience

40

Ameriprise Financial, Inc.

Disclosed Items

1 Qtr 2011

Excluded from Operating Earnings

	Advice & Wealth Management		Asset Management			Annuities						Protection		Corporate
									Market Impact on
	Securities		Integration			Securities			VA Guaranteed			Securities		Securities
(in millions, unaudited)	Gains/(Losses) (1)		Charges (2)			Gains/(Losses) (1)			Living Benefits (3)			Gains/(Losses) (1)		Gains/(Losses) (1)		CIEs (4)
Revenues
Management and financial advice fees	$	—	$	—		$	—		$	—		$	—	$	—	$	—
Distribution fees	—		—			—			—			—		—		—
Net investment income	1		—			(3		)	—			1		2		27
Premiums	—		—			—			—			—		—		—
Other revenues	—		—			—			—			—		—		20
Total revenues	1		—			(3		)	—			1		2		47
Banking and deposit interest expense	—		—			—			—			—		—		—
Total net revenues	1		—			(3		)	—			1		2		47
Expenses
Distribution expenses	—		—			—			—			—		—		—
Interest credited to fixed accounts	—		—			—			—			—		—		—
Benefits, claims, losses and settlement expenses	—		—			—			27			—		—		—
Amortization of deferred acquisition costs	—		—			—			(10		)	—		—		—
Interest and debt expense	—		—			—			—			—		—		50
General and administrative expense	—		29			—			—			—		—		15
Total expenses	—		29			—			17			—		—		65
Pretax segment income (loss)	1		(29		)	(3		)	(17		)	1		2		(18		)
Less: Net income (loss) attributable to noncontrolling interest	—		—			—			—			—		—		(18		)
Pretax segment gain (loss) attributable to Ameriprise Financial	$	1	$	(29	)	$	(3	)	$	(17	)	$	1	$	2	$	—

Included in Operating Earnings

	Asset Management						Annuities			Protection
				Threadneedle			Market			Market
	Threadneedle			FSA Regulatory			Impacts			Impacts
(in millions, unaudited)	Valuation (5)			Levy (6)			to DAC/DSIC (7)			to DAC/DSIC (7)
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	—			—			(3		)	—
Amortization of deferred acquisition costs	—			—			(13		)	(2		)
Interest and debt expense	—			—			—			—
General and administrative expense	5			5			—			—
Total expenses	5			5			(16		)	(2		)
Pretax segment income (loss)	(5		)	(5		)	16			2
Less: Net income (loss) attributable to noncontrolling interest	—			—			—			—
Pretax segment gain (loss) attributable to Ameriprise Financial	$	(5	)	$	(5	)	$	16		$	2

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

(2)Non-recurring integration charges related to Columbia Management acquisition

(3)Variable annuity guaranteed living benefit impacts include:

$29 million net expense related to hedged variable annuity living benefits

$12 million decrease in DAC and DSIC amortization resulting from hedged living benefits offset

(4)Reflects revenues and expenses of Consolidated Investment Entities

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

(6)Impact related to an industry-wide Financial Services Authority levy

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

41

Ameriprise Financial, Inc.

Disclosed Items

4 Qtr 2010

Excluded from Operating Earnings

	Advice & Wealth Management		Asset Management					Annuities					Protection			Corporate
										Market Impact on
	Securities		Securities		Integration			Securities		VA Guaranteed			Securities			Securities		Restructuring
(in millions, unaudited)	Gains/(Losses) (1)		Gains/(Losses) (1)		Charges (2)			Gains/(Losses) (1)		Living Benefits (3)			Gains/(Losses) (1)			Gains/(Losses) (1)		Charges (4)			CIEs (5)
Revenues
Management and financial advice fees	$	—	$	—	$	—		$	—	$	—		$	—		$	—	$	—		$	—
Distribution fees	—		—		—			—		—			—			—		—			—
Net investment income	1		1		—			3		—			(1		)	15		—			24
Premiums	—		—		—			—		—			—			—		—			—
Other revenues	—		—		—			—		—			—			—		—			13
Total revenues	1		1		—			3		—			(1		)	15		—			37
Banking and deposit interest expense	—		—		—			—		—			—			—		—			—
Total net revenues	1		1		—			3		—			(1		)	15		—			37
Expenses
Distribution expenses	—		—		—			—		—			—			—		—			—
Interest credited to fixed accounts	—		—		—			—		—			—			—		—			—
Benefits, claims, losses and settlement expenses	—		—		—			—		72			—			—		—			—
Amortization of deferred acquisition costs	—		—		—			—		(29		)	—			—		—			—
Interest and debt expense	—		—		—			—		—			—			—		—			51
General and administrative expense	—		—		24			—		—			—			—		4			12
Total expenses	—		—		24			—		43			—			—		4			63
Pretax segment income (loss)	1		1		(24		)	3		(43		)	(1		)	15		(4		)	(26		)
Less: Net income (loss) attributable to noncontrolling interest	—		—		—			—		—			—			—		—			(26		)
Pretax segment gain (loss) attributable to Ameriprise Financial	$	1	$	1	$	(24	)	$	3	$	(43	)	$	(1	)	$	15	$	(4	)	$	—

Included in Operating Earnings

	Asset Management		Annuities			Protection
	Hedge Fund		Market			Market			Auto Liability			Phoenix
	Performance		Impacts			Impacts			Reserve			Hail Storm
(in millions, unaudited)	Fees (6)		to DAC/DSIC (7)			to DAC/DSIC (7)			Increase (8)			Expense (9)
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	—		(3		)	—			16			11
Amortization of deferred acquisition costs	—		(20		)	(3		)	—			—
Interest and debt expense	—		—			—			—			—
General and administrative expense	*		—			—			—			—
Total expenses	—		(23		)	(3		)	16			11
Pretax segment income (loss)	22		23			3			(16		)	(11		)
Less: Net income (loss) attributable to noncontrolling interest	—		—			—			—			—
Pretax segment gain (loss) attributable to Ameriprise Financial	$	22	$	23		$	3		$	(16	)	$	(11	)

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

(2)Non-recurring integration charges related to Columbia Management acquisition

(3)Variable annuity guaranteed living benefit impacts include:

$78 million net expense related to hedged variable annuity living benefits

$35 million decrease in DAC and DSIC amortization resulting from hedged living benefits offset

(4)Severance and related expenses for ending variable annuity distribution through non-Ameriprise distribution channels

(5)Reflects revenues and expenses of Consolidated Investment Entities

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

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

(8)Reserve increase for higher auto liability claims in both the third and fourth quarters of 2010

(9)Higher claims driven by a hail storm in the Phoenix area

42

Ameriprise Financial, Inc.

Disclosed Items

3 Qtr 2010

Excluded from Operating Earnings

	Advice & Wealth Management			Asset Management					Annuities						Corporate
												Market Impact on
	Integration			Securities		Integration			Securities			VA Guaranteed			Securities
(in millions, unaudited)	Charges (2)			Gains/(Losses) (1)		Charges (2)			Gains/(Losses) (1)			Living Benefits (3)(8)			Gains/(Losses) (1)		CIEs (4)
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	—			—		—			—			(18		)	—		—
Amortization of deferred acquisition costs	—			—		—			—			10			—		—
Interest and debt expense	—			—		—			—			—			—		45
General and administrative expense	1			—		18			—			—			—		13
Total expenses	1			—		18			—			(8		)	—		58
Pretax segment income (loss)	(1		)	1		(18		)	(1		)	8			2		(32		)
Less: Net income (loss) attributable to noncontrolling interest	—			—		—			—			—			—		(32		)
Pretax segment gain (loss) attributable to Ameriprise Financial	$	(1	)	$	1	$	(18	)	$	(1	)	$	8		$	2	$	—

Included in Operating Earnings

	Annuities									Protection
	VA			Market			Valuation			Market			Valuation
	Death Benefit			Impacts			Assumptions &			Impacts			Assumptions &
(in millions, unaudited)	Impacts (5)			to DAC/DSIC (6)			Model Changes (7)(8)			to DAC/DSIC (6)			Model Changes (7)
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	(2		)	(5		)	261			—			44
Amortization of deferred acquisition costs	(2		)	(24		)	(332		)	(10		)	(15		)
Interest and debt expense	—			—			—			—			—
General and administrative expense	—			—			—			—			—
Total expenses	(4		)	(29		)	(71		)	(10		)	29
Pretax segment income (loss)	4			29			71			10			(49		)
Less: Net income (loss) attributable to noncontrolling interest	—			—			—			—			—
Pretax segment gain (loss) attributable to Ameriprise Financial	$	4		$	29		$	71		$	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)  Variable annuity guaranteed living benefit impacts include:

$21 million net benefit related to hedged variable annuity living benefits

$13 million increase in DAC and DSIC amortization resulting from hedged living benefits offset

(4)  Reflects revenues and expenses of Consolidated Investment Entities

(5)  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

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

$132 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

$25 million expense from all other assumption and model changes

(8)  $34 million benefit in Market Impact on VA Guaranteed Living Benefits was originally classified as benefit in Annuities segment due to Valuation Assumptions & Model Changes

43

Ameriprise Financial, Inc.

Disclosed Items

2 Qtr 2010

Excluded from Operating Earnings

	Advice & Wealth Management					Asset Management			Annuities					Protection		Corporate
											Market Impact on
	Securities		Integration			Integration			Securities		VA Guaranteed			Securities		Securities		Integration
(in millions, unaudited)	Gains/(Losses) (1)		Charges (2)			Charges (2)			Gains/(Losses) (1)		Living Benefits (3)(9)			Gains/(Losses) (1)		Gains/(Losses) (1)		Charges (2)			CIEs (4)
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	—		—			—			—		(68		)	—		—		—			—
Amortization of deferred acquisition costs	—		—			—			—		41			—		—		—			—
Interest and debt expense	—		—			—			—		—			—		—		—			45
General and administrative expense	—		4			48			—		—			—		—		5			17
Total expenses	—		4			48			—		(27		)	—		—		5			62
Pretax segment income (loss)	1		(4		)	(48		)	4		27			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	$	27		$	1	$	1	$	(5	)	$	—

Included in Operating Earnings

	Annuities									Protection									Corporate
	Market			Portfolio						Market			Portfolio
	Impacts			Navigator			DAC/DSIC Model			Impacts			Navigator			DAC/DSIC Model			RiverSource
(in millions, unaudited)	to DAC/DSIC (5)			Modifications (6)(9)			Updates (7)			to DAC/DSIC (5)			Modifications (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	6			21			(5		)	—			—			—			—
Amortization of deferred acquisition costs	29			(13		)	(21		)	4			(6		)	(7		)	—
Interest and debt expense	—			—			—			—			—			—			—
General and administrative expense	—			—			—			—			—			—			8
Total expenses	35			8			(26		)	4			(6		)	(7		)	8
Pretax segment income (loss)	(35		)	(8		)	26			(4		)	6			7			(8		)
Less: Net income (loss) attributable to noncontrolling interest	—			—			—			—			—			—			—
Pretax segment gain (loss) attributable to Ameriprise Financial	$	(35	)	$	(8	)	$	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)Variable annuity guaranteed living benefit impacts include:

$ 78 million net benefit related to hedged variable annuity living benefits.

$ 51 million increase in DAC and DSIC amortization resulting from hedged living benefits offset.

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

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

(6)Increase / (decrease) in expense related to the modification of the Portfolio Navigator program.

(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

(9)$2 million benefit in Market Impact on VA Guaranteed Living Benefits was originally classified as benefit in Annuities segment due to modification of the Portfolio Navigator program.

44

Exhibit B

Statistical Supplement Package

(unaudited)

Second Quarter 2011

Reconciliation of GAAP Metrics to Operating Metrics

45

Ameriprise Financial, Inc.

Reconciliation of GAAP Segment Income Statements to Segment Operating Income Statements

Second Quarter 2011

																Year-to-Date
(in millions unless otherwise noted, unaudited)	2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			2010			2011
Advice & Wealth Management Segment
Pretax operating earnings	$	86		$	89		$	96		$	99		$	108		$	137		$	207
Reconciling items:
Net investment income
Realized gains (losses)	1			—			1			1			—			—			1
General and administrative expense
Integration and restructuring charges	(4		)	(1		)	—			—			—			(6		)	—
Total reconciling items, before income taxes	(3		)	(1		)	1			1			—			(6		)	1
Pretax segment income	$	83		$	88		$	97		$	100		$	108		$	131		$	208
Asset Management Segment
Pretax operating earnings	$	104		$	121		$	163		$	136		$	146		$	126		$	282
Reconciling items:
Net investment income
Realized gains (losses)	—			1			1			—			—			1			—
General and administrative expense
Integration and restructuring charges	(48		)	(18		)	(24		)	(29		)	(21		)	(53		)	(50		)
Total reconciling items, before income taxes	(48		)	(17		)	(23		)	(29		)	(21		)	(52		)	(50		)
Pretax segment income	$	56		$	104		$	140		$	107		$	125		$	74		$	232
Annuities Segment
Pretax operating earnings	$	102		$	257		$	171		$	174		$	149		$	236		$	323
Reconciling items:
Net investment income
Realized gains (losses)	4			(1		)	3			(3		)	1			7			(2		)
Benefits, claims, losses and settlement expenses
Market impact on VA guaranteed living benefits	68			18			(72		)	(27		)	(7		)	45			(34		)
Amortization of deferred acquisition costs
Market impact on VA guaranteed living benefits	(41		)	(10		)	29			10			—			(35		)	10
Total reconciling items, before income taxes	31			7			(40		)	(20		)	(6		)	17			(26		)
Pretax segment income	$	133		$	264		$	131		$	154		$	143		$	253		$	297
Protection Segment
Pretax operating earnings	$	133		$	67		$	84		$	106		$	87		$	251		$	193
Reconciling items:
Net investment income
Realized gains (losses)	1			—			(1		)	1			3			2			4
Total reconciling items, before income taxes	1			—			(1		)	1			3			2			4
Pretax segment income	$	134		$	67		$	83		$	107		$	90		$	253		$	197

46

Ameriprise Financial, Inc.

Reconciliation of GAAP Segment Income Statements to Segment Operating Income Statements

Second Quarter 2011

																Year-to-Date
(in millions unless otherwise noted, unaudited)	2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			2010			2011
Corporate Segment
Pretax operating loss	$	(79	)	$	(47	)	$	(68	)	$	(65	)	$	(41	)	$	(109	)	$	(106	)
Reconciling items:
Net investment income
Net investment income attributable to the CIEs	155			17			24			27			17			234			44
Realized gains (losses)	1			2			15			2			2			2			4
Other revenues
Other revenues attributable to the CIEs	46			9			13			20			18			103			38
Interest and debt expense
Interest and debt expense attributable to the CIEs	(45		)	(45		)	(51		)	(50		)	(51		)	(85		)	(101		)
General and administrative expense
Integration and restructuring charges	(5		)	—			(4		)	—			—			(5		)	—
General and administrative expense attributable to the CIEs	(17		)	(13		)	(12		)	(15		)	(12		)	(31		)	(27		)
Total reconciling items, before income taxes	135			(30		)	(15		)	(16		)	(26		)	218			(42		)
Pretax segment income (loss)	$	56		$	(77	)	$	(83	)	$	(81	)	$	(67	)	$	109		$	(148	)
Eliminations
Pretax operating earnings	$	—		$	—		$	—		$	—		$	—		$	—		$	—
Reconciling items:
Management and financial advice fees
Management fees earned by the Company from the CIEs	(10		)	(9		)	(10		)	(10		)	(10		)	(19		)	(20		)
General and administrative expense
General and administrative expense attributable to the CIEs	10			9			10			10			10			19			20
Total reconciling items, before income taxes	—			—			—			—			—			—			—
Pretax segment income	$	—		$	—		$	—		$	—		$	—		$	—		$	—

47

Ameriprise Financial, Inc.

Reconciliation of GAAP Metrics to Operating Metrics

Second Quarter 2011

																Year-to-Date
(in millions unless otherwise noted, unaudited)	2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			2010			2011
Total net revenues	$	2,462		$	2,334		$	2,558		$	2,532		$	2,623		$	4,620		$	5,155
Less CIEs	191			17			27			37			25			318			62
Plus Realized (gains) losses	(7		)	(2		)	(19		)	(1		)	(6		)	(12		)	(7		)
Operating total net revenues	$	2,264		$	2,315		$	2,512		$	2,494		$	2,592		$	4,290		$	5,086
Pretax income (2)	$	462		$	446		$	368		$	387		$	399		$	820		$	786
Less CIEs	139			(32		)	(26		)	(18		)	(28		)	221			(46		)
Pretax earnings excluding CIEs	323			478			394			405			427			599			832
Less income tax provision	66			132			88			93			114			130			207
Plus income from discontinued operations, net of tax	2			(2		)	(26		)	(71		)	(4		)	4			(75		)
Net income attributable to Ameriprise Financial	259			344			280			241			309			473			550
Integration/restructuring charges net of tax (1)	37			12			20			19			14			41			33
Market impact on variable annuity guaranteed living benefits net of tax (1)	(17		)	(5		)	27			11			5			(6		)	16
Realized (gains) losses net of tax (1)	(5		)	(1		)	(13		)	(1		)	(4		)	(8		)	(5		)
Less income from discontinued operations, net of tax	2			(2		)	(26		)	(71		)	(4		)	4			(75		)
Operating earnings	$	272		$	352		$	340		$	341		$	328		$	496		$	669
Pretax income (2)	$	462		$	446		$	368		$	387		$	399		$	820		$	786
Less CIEs	139			(32		)	(26		)	(18		)	(28		)	221			(46		)
Pretax earnings excluding CIEs	323			478			394			405			427			599			832
Integration/restructuring charges	57			19			28			29			21			64			50
Market impact on variable annuity guaranteed living benefits	(27		)	(8		)	43			17			7			(10		)	24
Realized (gains) losses	(7		)	(2		)	(19		)	(1		)	(6		)	(12		)	(7		)
Pretax operating earnings	$	346		$	487		$	446		$	450		$	449		$	641		$	899
Margin	10.5		%	14.7		%	10.9		%	9.5		%	11.8		%	10.2		%	10.7		%
Pretax operating margin	15.3		%	21.0		%	17.8		%	18.0		%	17.3		%	14.9		%	17.7		%
Operating margin	12.0		%	15.2		%	13.5		%	13.7		%	12.7		%	11.6		%	13.2		%
Weighted average common shares outstanding
Basic	261.1			255.3			252.7			251.6			245.5			260.9			248.5
Diluted	265.3			259.9			258.9			257.7			251.0			265.1			254.3
Basic earnings per share	$	0.98		$	1.36		$	1.21		$	1.24		$	1.28		$	1.80		$	2.51
Earnings per diluted share	$	0.97		$	1.33		$	1.18		$	1.21		$	1.25		$	1.77		$	2.46
Basic operating earnings per share	$	1.04		$	1.38		$	1.35		$	1.36		$	1.34		$	1.90		$	2.69
Operating earnings per diluted share	$	1.03		$	1.35		$	1.31		$	1.32		$	1.31		$	1.87		$	2.63

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

(2)  Represents income from continuing operations before income tax provision (benefit)

48

Ameriprise Financial, Inc.

Reconciliation of GAAP Metrics to Operating Metrics

Second Quarter 2011

(in millions unless otherwise noted, unaudited)	June 30, 2010			September 30, 2010			December 31, 2010			March 31, 2011			June 30, 2011
Long-term Debt Summary
Senior notes	$	2,356		$	2,407		$	2,003		$	1,990		$	2,024
Junior subordinated notes	322			322			308			308			308
Non-recourse debt for inverse floaters	6			6			6			—			—
Total Ameriprise Financial long-term debt	2,684			2,735			2,317			2,298			2,332
Less non-recourse debt for inverse floaters	6			6			6			—			—
Less fair value of hedges and unamortized discount	66			117			53			40			74
Total Ameriprise Financial long-term debt excluding non-recourse debt for inverse floaters, fair value of hedges and unamortized discount	$	2,612		$	2,612		$	2,258		$	2,258		$	2,258
Total equity	$	11,119		$	11,504		$	11,285		$	11,189		$	11,228
Less noncontrolling interests	621			554			560			638			680
Total Ameriprise Financial shareholders’ equity	10,498			10,950			10,725			10,551			10,548
Less equity of consolidated investment entities	596			561			529			501			464
Less assets and liabilities held for sale	105			105			94			(24		)	(28		)
Total Ameriprise Financial shareholders’ equity from continuing operations excluding CIEs	$	9,797		$	10,284		$	10,102		$	10,074		$	10,112
Total Ameriprise Financial long-term debt	$	2,684		$	2,735		$	2,317		$	2,298		$	2,332
Total Ameriprise Financial shareholders’ equity	10,498			10,950			10,725			10,551			10,548
Total Ameriprise Financial capital	13,182			13,685			13,042			12,849			12,880
Less non-recourse debt for inverse floaters	6			6			6			—			—
Less equity of consolidated investment entities	596			561			529			501			464
Less assets and liabilities held for sale	105			105			94			(24		)	(28		)
Less fair value of hedges and unamortized discount	66			117			53			40			74
Total Ameriprise Financial capital from continuing operations excluding fair value of hedges, unamortized discount, non-recourse debt for inverse floaters, and equity of CIEs	$	12,409		$	12,896		$	12,360		$	12,332		$	12,370
Total Ameriprise Financial long-term debt to total Ameriprise Financial capital	20.4		%	20.0		%	17.8		%	17.9		%	18.1		%
Total Ameriprise Financial long-term debt to total Ameriprise Financial capital from continuing operations excluding fair value of hedges, unamortized discount, non-recourse debt for inverse floaters and equity of CIEs	21.0		%	20.3		%	18.3		%	18.3		%	18.3		%
Ameriprise Financial shareholders’ equity	$	10,498		$	10,950		$	10,725		$	10,551		$	10,548
AOCI	607			897			565			542			633
Appropriated retained earnings of CIEs	620			590			558			530			494
AOCI attributable to CIEs	24			29			29			29			30
Assets and liabilities held for sale	105			105			94			(24		)	(28		)
Ameriprise Financial shareholders’ equity	$	10,498		$	10,950		$	10,725		$	10,551		$	10,548
Less assets and liabilities held for sale	105			105			94			(24		)	(28		)
Less AOCI	607			897			565			542			633
Ameriprise Financial shareholders’ equity from continuing operations excluding AOCI	$	9,786		$	9,948		$	10,066		$	10,033		$	9,943
Ameriprise Financial shareholders’ equity	$	10,498		$	10,950		$	10,725		$	10,551		$	10,548
Less assets and liabilities held for sale	$	105		$	105		$	94		$	(24	)	$	(28	)
Less appropriated retained earnings of CIEs	620			590			558			530			494
Plus AOCI attributable to CIEs	24			29			29			29			30
Ameriprise Financial shareholders’ equity from continuing operations excluding CIEs	$	9,797		$	10,284		$	10,102		$	10,074		$	10,112
Ameriprise Financial shareholders’ equity	$	10,498		$	10,950		$	10,725		$	10,551		$	10,548
Less assets and liabilities held for sale	105			105			94			(24		)	(28		)
Less appropriated retained earnings of CIEs	620			590			558			530			494
Less AOCI	607			897			565			542			633
Ameriprise Financial shareholders’ equity from continuing operations excluding CIEs and AOCI	$	9,166		$	9,358		$	9,508		$	9,503		$	9,449

49