8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

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

Date of Report (Date of earliest event reported)  October 26, 2011

AMERIPRISE FINANCIAL, INC.

(Exact name of registrant as specified in its charter)

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

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

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

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

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

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

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

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

Item 2.02       Results of Operations and Financial Conditions.

On October 26, 2011, Ameriprise Financial, Inc. (the “Company”) issued a press release announcing its financial results for the third quarter of 2011.  A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference and furnished herewith. In addition, the Company furnishes herewith, as Exhibit 99.2, its Statistical Supplement for the quarterly period ended September 30, 2011.

We follow accounting principles generally accepted in the United States (“GAAP”). The press release furnished as Exhibit 99.1 and the financial information furnished as Exhibit 99.2 include information on both a GAAP and non-GAAP adjusted basis. Certain non-GAAP performance measures in these exhibits exclude the impact of consolidating certain investment entities (“CIEs”), as well as certain integration/restructuring charges, market impact on variable annuity guaranteed living benefits, realized gains (losses) and income (loss) from discontinued operations. Management believes that the presentation of these non-GAAP financial measures better reflects the underlying performance of our 2011 and 2010 core operations and facilitates a more meaningful trend analysis. Exhibits 99.1 and 99.2 also contain certain non-GAAP debt, capital and shareholders’ equity measures, along with financial ratios incorporating such measures, that exclude amounts related to one or more of the following: accumulated other comprehensive income (loss) (“AOCI”), non-recourse debt, fair value of hedges, unamortized discount, the net of assets and liabilities held for sale and the impact of consolidating the assets of certain CIEs.  Management believes that these non-GAAP debt, capital and shareholders’ equity measures, and the corresponding ratios, better represent our capital structure. Management uses certain of these non-GAAP measures to evaluate our financial performance on a basis comparable to that used by some securities analysts and investors. Also, certain of these non-GAAP measures are taken into consideration, to varying degrees, for purposes of business planning and analysis and for certain compensation-related matters.

Our non-GAAP financial measures included in Exhibits 99.1 and 99.2, which our management views as important indicators of financial performance, include the following: 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; and 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.

Item 9.01       Financial Statements and Exhibits.

(d)Exhibits.

Exhibit No.	Description
Exhibit 99.1	Press Release dated October 26, 2011 announcing financial results for the third quarter of 2011
Exhibit 99.2	Statistical Supplement for the quarterly period ended September 30, 2011

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SIGNATURES

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

	AMERIPRISE FINANCIAL, INC.
	(Registrant)
Date: October 26, 2011	By	/s/ Walter S. Berman
		Walter S. Berman
		Executive Vice President and
		Chief Financial Officer

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EX-99.1

Exhibit 99.1

Ameriprise Financial, Inc. Ameriprise Financial Center Minneapolis, MN 55474

News Release

Ameriprise Financial Reports
Third Quarter 2011 Results

Net income from continuing operations attributable to Ameriprise Financial was $1.12 per diluted share;
Operating earnings were $1.04 per diluted share

Unlocking and the market impact on DAC and DSIC negatively impacted
year-over-year operating results by $0.42 per diluted share

Operating net revenues were $2.5 billion, up 8 percent from a year ago

MINNEAPOLIS — October 26, 2011 — Ameriprise Financial, Inc. (NYSE: AMP) today reported third quarter 2011 net income from continuing operations attributable to Ameriprise Financial of $271 million, or $1.12 per diluted share, compared to $346 million, or $1.33 per diluted share, a year ago. Operating earnings were $251 million, or $1.04 per diluted share, compared to $352 million, or $1.35 per diluted share, a year ago.

Third quarter results were impacted by a negative $106 million, or $0.42 per diluted share, year-over-year change from the unfavorable market impact on deferred acquisition costs (DAC) and deferred sales inducement costs (DSIC), as well as the company’s annual review of insurance and annuity valuation assumptions and models (unlocking). The negative unlocking impact in the third quarter of 2011 primarily reflects lower near-term interest spread assumptions.

Operating net revenues were $2.5 billion compared to $2.3 billion a year ago, primarily driven by double-digit growth in management and distribution fees. Net investment income was essentially flat year-over-year and reflected the low interest rate environment.

Operating return on shareholders’ equity excluding accumulated other comprehensive income was 13.4 percent for the 12 months ended September 30, 2011, compared to 12.1 percent for the 12 months ended September 30, 2010.

“We continued to demonstrate the strength and resilience of our business despite a challenging market environment,” said Jim Cracchiolo, chairman and chief executive officer. “Operating net revenues increased 8 percent, and we delivered solid underlying business results, apart from the DAC-related impacts. Client acquisition and advisor recruiting remained strong, and our advisor productivity was near all-time highs.

“We are maintaining our investments for future growth while managing expenses and our financial foundation prudently. Our financial strength continues to enable us to return significant capital to shareholders. In fact, our excess capital position remains above $2.0 billion even after we accelerated our share repurchase activity, allocating $447 million for share repurchases in the quarter.”

Third Quarter 2011 Summary

In the third quarter of the year, the company conducts an annual review of insurance and annuity valuation assumptions relative to current experience and management expectations. To the extent that expectations change as a result of this review, the company updates valuation assumptions and the impact is reflected as part of annual unlocking. In addition, lower than assumed returns in both equity and bond funds in variable products resulted in an unfavorable impact for the quarter.

The result of these two items negatively impacted the company’s year-over-year results by $106 million, or $0.42 per diluted share. The third quarter of 2011 unfavorable impact was $67 million, or $0.27 per diluted share, compared to a benefit of $39 million, or $0.15 per diluted share, a year ago.

Ameriprise Financial, Inc.
Third Quarter Summary

								Per Diluted Share
(in millions, except per share amounts, unaudited)	2011			2010		% Change		2011			2010		% Change
Net income from continuing operations attributable to Ameriprise Financial	$	271		$	346	(22	)%	$	1.12		$	1.33	(16	)%
Adjustments, net of tax (see reconciliation on p. 14)	(20		)	6		NM		(0.08		)	0.02		NM
Operating earnings	$	251		$	352	(29	)%	$	1.04		$	1.35	(23	)%
Items included in operating earnings:
Market impact on DAC and DSIC benefits (expense), after-tax(1)	$	(42	)	$	25	NM		$	(0.17	)	$	0.10	NM
Annual unlocking, after-tax(1)	(25		)	14		NM		(0.10		)	0.05		NM
Total DAC-related	$	(67	)	$	39	NM		$	(0.27	)	$	0.15	NM
Weighted average common shares outstanding:
Basic	238.0			255.3
Diluted	242.0			259.9

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

NM  Not Meaningful — variance of greater than 100%

The company believes the presentation of operating earnings best represents the economics of the business.

The third quarter of 2011 DAC-related impacts reflected:

·$42 million after-tax, or $0.17 per diluted share, in DAC and DSIC amortization expenses, primarily driven by equity market impacts on separate account balances.

·$25 million after-tax, or $0.10 per diluted share, from annual unlocking.

In addition, results in the third quarter of 2011 included items that resulted in a net after-tax benefit of $3 million, or $0.01 per diluted share, including:

·$25 million, or $0.10 per diluted share, of additional bond discount amortization investment income related to prior periods resulting from revisions to the accounting classification of certain structured securities.

·$15 million, or $0.06 per diluted share, in auto and home insurance catastrophe losses, primarily from Hurricane Irene claims.

·$7 million, or $0.03 per diluted share, in Threadneedle project implementation costs, primarily related to a new transfer agency agreement.

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Third Quarter 2011 Business Highlights

·Total assets under management and administration were $600 billion at September 30, 2011, down 4 percent from a year ago, primarily driven by the point-to-point decline in equity markets and Asset Management segment net outflows, partially offset by retail client net inflows. Total assets under management and administration exclude assets from discontinued operations.

·Retail client assets in Advice & Wealth Management increased 2 percent year-over-year to $293 billion, primarily reflecting growth in wrap assets, including $0.8 billion in net inflows in the quarter.

·The number of advisors increased by 51 sequentially to 9,714, reflecting the strongest quarter for experienced advisor recruiting since the second quarter of 2009. Operating net revenue per advisor increased 14 percent from a year ago to $97,000 due to experienced advisor recruiting, higher average assets under management and increased client activity.

·Asset Management net outflows were $4.8 billion, primarily from $3.1 billion of retail net outflows reflecting the volatile equity markets in the quarter. In the institutional business, Threadneedle had $0.4 billion of net inflows, while Columbia remained in net outflows.

·Variable annuity ending account balances were flat year-over-year at $59 billion and included $0.4 billion of net inflows in the Ameriprise channel in the quarter, partially offset by net outflows from the closed book of variable annuities sold through third-party channels.

·RiverSource Life introduced its indexed universal life insurance product to further expand its permanent insurance product suite.

·Auto and home results included $23 million of pretax catastrophe losses, primarily from storms in the third quarter, including Hurricane Irene, which more than offset lower reserves associated with the favorable development of bodily injury losses.

·The company launched the next phase of its MORE WITHIN REACH® brand platform, including television advertising that highlights the company’s rich history, financial strength and commitment to clients.

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Balance Sheet Summary as of September 30, 2011

Excess capital and prudent capital management

·During the quarter, the company repurchased 9.9 million shares of its common stock for $447 million. Through September 30, 2011, the company repurchased $1.2 billion of shares and has $1.7 billion available in its current share repurchase authorization that expires in June 2013. Even after the increased share repurchases in the quarter, the company continued to maintain more than $2.0 billion in excess capital.

·RiverSource Life Insurance Company’s estimated risk-based capital ratio was above 600 percent.

·The company’s variable annuity hedging program continues to perform well.

High-quality investment portfolio

·The total investment portfolio, including cash and cash equivalents, was $41.3 billion and remains well positioned. The company’s balance sheet has no holdings of sovereign debt in financially troubled European countries.

·The company’s available-for-sale portfolio ended the quarter with $2.0 billion in net unrealized gains.

·Detailed information about the company’s investment portfolio is available at ir.ameriprise.com.

DAC accounting change — January 1, 2012

The company will adopt new accounting rules for the deferral of insurance and annuity acquisition costs on January 1, 2012 on a retrospective basis. The company estimates that the change will reduce its DAC asset by a range of $2.0 billion to $2.2 billion, which will decrease book value by a range of $1.3 billion to $1.4 billion after-tax. The change will not impact the company’s strong excess capital position or cash flow. The company estimates that the change will marginally benefit operating earnings in 2012.

Taxes

The operating effective tax rate was 22.0 percent for the third quarter of 2011 and 24.7 percent year-to-date. The company expects its full-year 2011 operating effective tax rate to be 25 to 27 percent based upon currently forecasted profitability trends.

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Ameriprise Financial, Inc.
Advice & Wealth Management Segment Results

	Quarter Ended September 30, 2011							Quarter Ended September 30, 2010
(in millions, unaudited)	GAAP		Less: Adjustments(1)			Operating		GAAP		Less: Adjustments(1)			Operating		% Change
Advice & Wealth Management
Net revenues	$	936	$	(2	)	$	938	$	830	$	—		$	830	13	%
Expenses	822		—			822		742		1			741		11
Pretax income	$	114	$	(2	)	$	116	$	88	$	(1	)	$	89	30
Item included in operating earnings:
Investment income recognition						$	6						$	—	NM

	Quarter Ended September 30, 2011		Quarter Ended September 30, 2010		% Change
Retail client assets (billions)	$	293	$	288	2	%
Mutual fund wrap net flows (billions)	$	0.8	$	1.6	(48	)%
Operating net revenue per advisor (thousands)	$	97	$	85	14	%

(1)   Includes net realized losses and integration/restructuring charges.

Advice & Wealth Management pretax operating earnings increased 30 percent to $116 million due to improved advisor productivity and new client flows. Pretax operating margin increased to 12.4 percent compared to 10.7 percent a year ago.

Operating net revenues increased 13 percent to $938 million due to higher management and distribution fees from growth in assets under management and increased client activity.

Operating expenses increased 11 percent to $822 million due to higher advisor compensation from business growth and investments in the business, including costs of implementing a new brokerage platform.

Retail client assets grew 2 percent to $293 billion, with strong retail client flows, partially offset by market declines in the quarter.

The company continued to increase the productivity of its advisors. Operating net revenue per advisor was $97,000 in the quarter, a 14 percent increase compared to a year ago, primarily driven by higher average assets under management and increased client activity. The number of branded advisors increased for the second consecutive quarter, driven by the strongest quarter for experienced advisor recruiting since the second quarter of 2009 and continued strong advisor retention.

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Ameriprise Financial, Inc.

Asset Management Segment Results

	Quarter Ended September 30, 2011								Quarter Ended September 30, 2010
(in millions, unaudited)	GAAP		Less: Adjustments(1)			Operating			GAAP		Less: Adjustments(1)			Operating		% Change
Asset Management
Net revenues	$	707	$	2		$	705		$	662	$	1		$	661	7	%
Expenses	610		24			586			558		18			540		9
Pretax income	$	97	$	(22	)	$	119		$	104	$	(17	)	$	121	(2	)
Item included in operating earnings:
Threadneedle project implementation costs						$	(10	)						$	—	NM

	Quarter Ended September 30, 2011			Quarter Ended September 30, 2010			% Change
Total segment ending AUM(2) (billions)	$	417		$	445		(6	)%
Columbia Management AUM	$	325		$	347		(6	)%
Threadneedle AUM	$	96		$	102		(5	)%
Flows(2) (billions)	$	(4.8	)	$	(1.8	)	NM
Columbia Management net flows	$	(4.1	)	$	(2.8	)	(44	)%
Threadneedle net flows	$	(0.8	)	$	1.1		NM

(1)   Includes net realized gains and integration/restructuring charges.

(2)   Total segment asset and flow results eliminate $9 million of net outflows and $4.1 billion of assets in the 2011 quarter and $32 million of net flows and $4.0 billion of assets in the 2010 quarter due to subadvisory relationships between Threadneedle and Columbia Management.

NM  Not Meaningful — variance of greater than 100%

Asset Management pretax operating earnings declined 2 percent to $119 million compared to the prior year. Results in the quarter include a $10 million expense primarily related to Threadneedle changing its transfer agent provider, which is expected to enhance margins over time. Adjusted net pretax operating margin, which excludes pass-through distribution expenses, was 32.7 percent for the third quarter of 2011, compared to 33.0 percent a year ago. The Threadneedle project expenses in the quarter lowered adjusted net pretax operating margin by 2.4 percentage points.

Operating net revenues increased 7 percent to $705 million, reflecting increased management fees, primarily due to growth in average assets, partially offset by net outflows.

Operating expenses increased 9 percent to $586 million. Adjusting for the Threadneedle transfer agent costs, operating expenses increased 7 percent, driven by higher distribution expenses as a result of higher year-over-year average retail balances. General and administrative expenses remain well controlled.

Total segment ending AUM was $417 billion, down 6 percent from a year ago driven by net outflows and market depreciation.

Columbia Management had $4.1 billion of net outflows in the quarter, evenly divided between retail and institutional channels. Retail outflows were primarily in equity portfolios and were in line with industry trends. Institutional outflows at Columbia Management were primarily comprised of lower-fee, former parent-company relationships where the assets are expected to continue to transition over time and fluctuate quarter to quarter.

Threadneedle had a total of $0.8 billion of net outflows in the quarter, comprised of $1.2 billion of retail outflows primarily from European clients, partially offset by $0.4 billion of institutional net inflows. Institutional net flows were positive as new mandates in the Middle East more than offset continued run-off of low-margin Zurich assets.

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Ameriprise Financial, Inc.

Annuities Segment Results

	Quarter Ended September 30, 2011								Quarter Ended September 30, 2010
(in millions, unaudited)	GAAP		Less: Adjustments(1)			Operating			GAAP		Less: Adjustments(1)			Operating		% Change
Annuities
Net revenues	$	686	$	(2	)	$	688		$	626	$	(1	)	$	627	10	%
Expenses	550		(56		)	606			362		(8		)	370		64
Pretax income	$	136	$	54		$	82		$	264	$	7		$	257	(68	)
Items included in operating earnings:
Market impact on DAC and DSIC benefits (expense)						$	(58	)						$	29	NM
Annual unlocking						(25		)						71		NM
Total DAC-related						$	(83	)						$	100	NM
Investment income recognition						$	33							$	—	NM

	Quarter Ended September 30, 2011			Quarter Ended September 30, 2010			% Change
Variable annuity ending account balances (billions)	$	58.9		$	59.0		—
Variable annuity net flows(2) (millions)	$	179		$	484		(63	)%
Fixed annuity ending account balances (billions)	$	14.2		$	14.5		(2	)%
Fixed annuity net flows (millions)	$	(160	)	$	(159	)	(1	)%

(1)   Includes net realized losses and market impact on variable annuity guaranteed living benefits net of DAC and DSIC.

(2)   3Q10 variable annuity net inflows include sales in both Ameriprise and third-party channels. The company discontinued new sales of variable annuities in third-party channels in the fourth quarter of 2010.

NM  Not Meaningful — variance of greater than 100%

Annuities pretax operating earnings declined 68 percent to $82 million reflecting the unfavorable $183 million year-over-year change in DAC-related impacts, partially offset by a benefit from investment income recognition. In addition, operating earnings were negatively impacted by spread compression in fixed annuities and higher distribution expenses.

Operating net revenues increased 10 percent to $688 million, driven by the benefit of recognizing certain investment income in the quarter, as well as higher management fees from increased average separate account balances and higher variable annuity rider fees. This growth was partially offset by the impact of the low interest rate environment on net investment income.

Operating expenses increased 64 percent to $606 million reflecting the significant year-over-year change from market-driven impacts on DAC and DSIC, as well as unlocking. Excluding these impacts, expenses reflected higher variable annuity distribution expenses and DAC amortization from the higher separate account balances, partially offset by lower interest credited.

RiverSource variable annuity net inflows in the Ameriprise channel declined 16 percent from a year ago to $0.4 billion. Fixed annuities remained in net outflows due to low client demand given current interest rates.

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Ameriprise Financial, Inc.

Protection Segment Results

	Quarter Ended September 30, 2011								Quarter Ended September 30, 2010
(in millions, unaudited)	GAAP		Less: Adjustments(1)			Operating			GAAP		Less: Adjustments		Operating			% Change
Protection
Net revenues	$	501	$	(1	)	$	502		$	500	$	—	$	500		—
Expenses	437		—			437			433		—		433			1	%
Pretax income	$	64	$	(1	)	$	65		$	67	$	—	$	67		(3	)
Items included in operating earnings:
Annual unlocking						$	(14	)					$	(49	)	71	%
Market impact on DAC benefit (expense)						(7		)					10			NM
Total DAC-related						$	(21	)					$	(39	)	46	%
Auto & Home catastrophe losses						$	(23	)					—			NM

	Quarter Ended September 30, 2011		Quarter Ended September 30, 2010		% Change
Life insurance in force (billions)	$	191	$	192	—
VUL/UL ending account balances (billions)	$	8.9	$	9.1	(2	)%
Auto & home policies in force (thousands)	687		639		8	%

(1)   Includes net realized losses.

NM  Not Meaningful — variance of greater than 100%

Protection pretax operating earnings declined 3 percent to $65 million driven by auto and home catastrophe losses, partially offset by lower DAC-related items and improved life and health claims experience.

Operating net revenues were flat at $502 million as auto and home premium growth was largely offset by a decline in life and health revenues.

Operating expenses were up slightly to $437 million. In life and health, expenses declined from reduced claims as well as from lower year-over-year DAC-related impacts. In auto and home, expenses increased, reflecting $23 million in catastrophe losses. On a sequential basis, reported auto losses and loss frequency have continued to improve since the fourth quarter of 2010. These trends were partially reflected in third quarter results and will be monitored and reflected in reserves in future periods, as appropriate.

Life insurance in force remained essentially flat compared to a year ago at $191 billion, and Auto & Home continued to grow its policy count, up 8 percent compared to a year ago.

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Ameriprise Financial, Inc.

Corporate & Other Segment Results

	Quarter Ended September 30, 2011									Quarter Ended September 30, 2010
(in millions, unaudited)	GAAP			Less: Adjustments(1)			Operating			GAAP			Less: Adjustments(1)			Operating			% Change
Corporate & Other
Net revenues	$	(49	)	$	(42	)	$	(7	)	$	32		$	28		$	4		NM
Expenses	115			62			53			109			58			51			4	%
Pretax loss	$	(164	)	$	(104	)	$	(60	)	$	(77	)	$	(30	)	$	(47	)	(28	)

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

NM  Not Meaningful — variance of greater than 100%

Corporate & Other pretax operating loss was $60 million for the quarter compared to a loss of $47 million a year ago.

Contacts
Investor Relations:	Media Relations:
Alicia A. Charity	Paul W. Johnson
Ameriprise Financial	Ameriprise Financial
(612) 671-2080	(612) 671-0625
alicia.a.charity@ampf.com	paul.w.johnson@ampf.com
Chad J. Sanner	Benjamin J. Pratt
Ameriprise Financial	Ameriprise Financial
(612) 671-4676	(612) 678-5881
chad.j.sanner@ampf.com	benjamin.j.pratt@ampf.com

At Ameriprise Financial, we have been helping people feel confident about their financial future for over 115 years. With a network of 10,000 financial advisors and outstanding asset management, advisory and insurance capabilities, we have the strength and expertise to serve the full range of consumer financial needs. For more information, or to find an Ameriprise financial advisor, visit ameriprise.com.

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

Forward-Looking Statements

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

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·statements in this news release regarding the adoption of a new accounting standard for the deferral of insurance and annuity costs and the expected impact of such new accounting rules on the company’s DAC asset, book value, capital position, cash flows and earnings;

·the statement of belief in this news release that the company expects its full-year 2011 operating effective tax rate to be in the 25 to 27 percent range;

·the statement in this news release that Threadneedle’s transition to a new transfer agent provider is expected to enhance margins over time;

·the statement in this news release regarding expected outflows and volatility in assets managed by Columbia Management in connection with lower-fee, former parent company relationships;

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

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

·statements of assumptions underlying such statements.

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

Such factors include, but are not limited to:

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

·changes in capital and credit market conditions including the availability and cost of capital;

·changes in and adoption of relevant accounting standards, as well as changes in the litigation and regulatory environment, including ongoing legal proceedings and regulatory actions, the frequency and extent of legal claims threatened or initiated by clients, other persons and regulators, and developments in regulation and legislation, including the rules and regulations implemented or to be implemented in connection with the Dodd-Frank Wall Street Reform and Consumer Protection Act;

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

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

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

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

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

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

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

10

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

·the company’s ability to pursue and complete strategic transactions and initiatives, including acquisitions, divestitures, including the divestiture of Securities America, joint ventures and the development of new products and services;

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

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

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

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

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

The financial results discussed in this news release represent past performance only, which may not be used to predict or project future results. The financial results and values presented in this news release and the below-referenced Statistical Supplement are based upon asset valuations that represent estimates as of the date of this news release and may be revised in the company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2011. For information about Ameriprise Financial entities, please refer to the Third Quarter 2011 Statistical Supplement available at ir.ameriprise.com and the tables that follow in this news release.

11

Ameriprise Financial, Inc.

Reconciliation Table: GAAP Income Statement to Operating Income Statement

	Quarter Ended September 30, 2011								Quarter Ended September 30, 2010
(in millions, unaudited)	GAAP			Less: Adjustments(1)			Operating		GAAP			Less: Adjustments(1)			Operating			% Change
Revenues
Management and financial advice fees	$	1,127		$	(9	)	$	1,136	$	996		$	(9	)	$	1,005		13	%
Distribution fees	389			—			389		349			—			349			11
Net investment income	445			(67		)	512		525			19			506			1
Premiums	311			—			311		303			—			303			3
Other revenues	195			22			173		176			9			167			4
Total revenues	2,467			(54		)	2,521		2,349			19			2,330			8
Banking and deposit interest expense	12			—			12		15			—			15			(20	)
Total net revenues	2,455			(54		)	2,509		2,334			19			2,315			8
Expenses
Distribution expenses	624			—			624		519			—			519			20
Interest credited to fixed accounts	213			—			213		227			—			227			(6	)
Benefits, claims, losses and settlement expenses	257			(119		)	376		636			(18		)	654			(43	)
Amortization of deferred acquisition costs	318			63			255		(246		)	10			(256		)	NM
Interest and debt expense	71			47			24		74			45			29			(17	)
General and administrative expense	725			30			695		678			23			655			6
Total expenses	2,208			21			2,187		1,888			60			1,828			20
Income from continuing operations before income tax provision	247			(75		)	322		446			(41		)	487			(34	)
Income tax provision	81			10			71		132			(3		)	135			(47	)
Income from continuing operations	166			(85		)	251		314			(38		)	352			(29	)
Income (loss) from discontinued operations, net of tax	2			2			—		(2		)	(2		)	—			—
Net income	168			(83		)	251		312			(40		)	352			(29	)
Less: Net loss attributable to noncontrolling interests	(105		)	(105		)	—		(32		)	(32		)	—			—
Net income attributable to Ameriprise Financial	$	273		$	22		$	251	$	344		$	(8	)	$	352		(29	)%

(1)   Includes the elimination of management fees earned by the company from the consolidated investment entities and the related expense; revenues and expenses of the consolidated investment entities; net realized gains/losses; market impact on variable annuity guaranteed living benefits net of DAC and DSIC; integration/restructuring charges and income/loss from discontinued operations. Income tax provision is calculated using the statutory tax rate of 35% on applicable adjustments.

NM  Not Meaningful — variance of greater than 100%

12

Ameriprise Financial, Inc.
Reconciliation Table: Effective Tax Rate

	Quarter Ended September 30, 2011
(in millions, unaudited)	GAAP			Operating
Income from continuing operations before income tax provision	$	247		$	322
Less: Pretax loss attributable to noncontrolling interests	(105		)	—
Income from continuing operations before income tax provision excluding consolidated investment entities (CIEs)	$	352		$	322
Income tax provision from continuing operations	$	81		$	71
Effective tax rate	32.5		%	22.0		%
Effective tax rate excluding noncontrolling interests	22.9		%	22.0		%

	Year to Date September 30, 2011
(in millions, unaudited)	GAAP			Operating
Income from continuing operations before income tax provision	$	1,033		$	1,221
Less: Pretax loss attributable to noncontrolling interests	(151		)	—
Income from continuing operations before income tax provision excluding consolidated investment entities (CIEs)	$	1,184		$	1,221
Income tax provision from continuing operations	$	288		$	301
Effective tax rate	27.8		%	24.7		%
Effective tax rate excluding noncontrolling interests	24.3		%	24.7		%

Ameriprise Financial, Inc.

Reconciliation Table: Asset Management Adjusted Net Pretax Operating Margin

	Quarter Ended
(in millions, unaudited)	September 30, 2011			September 30, 2010
Total net revenues	$	707		$	662
Less: Realized gains	2			1
Operating total net revenues	705			661
Less: Distribution pass through revenues	207			184
Less: Subadvisory and other pass through revenues	91			89
Adjusted operating revenues	$	407		$	388
Pretax income	$	97		$	104
Less: Realized gains	2			1
Add: Integration/restructuring charges	24			18
Pretax operating earnings	119			121
Less: Operating net investment income (loss)	(4		)	5
Add: Amortization of intangibles	10			12
Adjusted operating earnings	$	133		$	128
Adjusted net pretax operating margin	32.7		%	33.0		%

13

Ameriprise Financial, Inc.

Reconciliation Table: Net Income from Continuing

Operations Attributable to Ameriprise Financial

	Quarter Ended						Per Diluted ShareQuarter Ended
(in millions, unaudited)	September 30, 2011			September 30, 2010			September 30, 2011			September 30, 2010
Net income attributable to Ameriprise Financial	$	273		$	344		$	1.13		$	1.32
Less: Income (loss) from discontinued operations, net of tax	2			(2		)	0.01			(0.01		)
Net income from continuing operations attributable to Ameriprise Financial	271			346			1.12			1.33
Add: Market impact on variable annuity guaranteed living benefits, net of tax(1)	(37		)	(5		)	(0.15		)	(0.02		)
Add: Integration charges, net of tax(1)	15			12			0.06			0.04
Less: Net realized gains (losses), net of tax(1)	(2		)	1			(0.01		)	—
Operating earnings	$	251		$	352		$	1.04		$	1.35
Weighted average common shares outstanding:
Basic	238.0			255.3
Diluted	242.0			259.9

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

14

Ameriprise Financial, Inc.

Return on Equity (ROE) Excluding Accumulated
Other Comprehensive Income “AOCI”

	Twelve Months Ended
(in millions, unaudited)	September 30, 2011			September 30, 2010
Net income from continuing operations attributable to Ameriprise Financial, as reported	$	1,202		$	1,052
Less: Adjustments (1)	(58		)	(38		)
Operating earnings	$	1,260		$	1,090
Total Ameriprise Financial, Inc. shareholders’ equity	$	10,609		$	9,973
Less: Assets and liabilities held for sale	50			103
Less: Accumulated other comprehensive income, net of tax	655			483
Total Ameriprise Financial, Inc. shareholders’ equity from continuing operations excluding AOCI	9,904			9,387
Less: Equity impacts attributable to the consolidated investment entities	510			344
Operating equity	$	9,394		$	9,043
Return on equity from continuing operations, excluding AOCI	12.1		%	11.2		%
Operating return on equity excluding CIEs and AOCI (2)	13.4		%	12.1		%

(1)

Adjustments reflect the trailing twelve months’ sum of after-tax net realized gains/losses, market impact on variable annuity guaranteed living benefits net of DAC and DSIC, and integration/restructuring charges.

(2)

Operating return on equity excluding consolidated investment entities and accumulated other comprehensive income is calculated using the trailing twelve months of earnings excluding the after-tax net realized gains/losses, market impact on variable annuity guaranteed living benefits net of DAC and DSIC, integration/restructuring charges, and discontinued operations in the numerator, and Ameriprise Financial shareholders’ equity excluding accumulated other comprehensive income, the impact of consolidating investment entities, and the assets and liabilities held for sale using a five point average of quarter-end equity in the denominator.

15

EX-99.2

Exhibit 99.2

Statistical Supplement Package

(unaudited)

Third 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)

Third Quarter 2011

Consolidated Results

3

Ameriprise Financial, Inc.

Statistical Supplement Presentation

Third 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.

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

Third Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			3 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Revenues
Management and financial advice fees	$	996		$	1,146		$	1,137		$	1,172		$	1,127		$	2,638		$	3,436		$	131		13	%	$	798		30	%	$	(45	)	(4	)%
Distribution fees	349			385			397			416			389			1,062			1,202			40			11	%	140			13	%	(27		)	(6	)%
Net investment income	525			540			515			498			445			1,769			1,458			(80		)	(15	)%	(311		)	(18	)%	(53		)	(11	)%
Premiums	303			295			292			312			311			884			915			8			3	%	31			4	%	(1		)	—
Other revenues	176			206			204			236			195			657			635			19			11	%	(22		)	(3	)%	(41		)	(17	)%
Total revenues	2,349			2,572			2,545			2,634			2,467			7,010			7,646			118			5	%	636			9	%	(167		)	(6	)%
Banking and deposit interest expense	15			14			13			11			12			56			36			(3		)	(20	)%	(20		)	(36	)%	1			9	%
Total net revenues	2,334			2,558			2,532			2,623			2,455			6,954			7,610			121			5	%	656			9	%	(168		)	(6	)%
Expenses
Distribution expenses	519			582			619			643			624			1,483			1,886			105			20	%	403			27	%	(19		)	(3	)%
Interest credited to fixed accounts	227			223			207			212			213			686			632			(14		)	(6	)%	(54		)	(8	)%	1			—
Benefits, claims, losses and settlement expenses	636			465			382			406			257			1,285			1,045			(379		)	(60	)%	(240		)	(19	)%	(149		)	(37	)%
Amortization of deferred acquisition costs	(246		)	84			116			138			318			43			572			564				#	529				#	180				#
Interest and debt expense	74			78			75			75			71			212			221			(3		)	(4	)%	9			4	%	(4		)	(5	)%
General and administrative expense	678			758			746			750			725			1,979			2,221			47			7	%	242			12	%	(25		)	(3	)%
Total expenses	1,888			2,190			2,145			2,224			2,208			5,688			6,577			320			17	%	889			16	%	(16		)	(1	)%
Income from continuing operations before income tax provision	446			368			387			399			247			1,266			1,033			(199		)	(45	)%	(233		)	(18	)%	(152		)	(38	)%
Income tax provision	132			88			93			114			81			262			288			(51		)	(39	)%	26			10	%	(33		)	(29	)%
Income from continuing operations	314			280			294			285			166			1,004			745			(148		)	(47	)%	(259		)	(26	)%	(119		)	(42	)%
Income (loss) from discontinued operations, net of tax	(2		)	(26		)	(71		)	(4		)	2			2			(73		)	4				#	(75		)		#	6				#
Net income	312			254			223			281			168			1,006			672			(144		)	(46	)%	(334		)	(33	)%	(113		)	(40	)%
Less: Net income (loss) attributable to noncontrolling interests	(32		)	(26		)	(18		)	(28		)	(105		)	189			(151		)	(73		)		#	(340		)		#	(77		)		#
Net income attributable to Ameriprise Financial	$	344		$	280		$	241		$	309		$	273		$	817		$	823		$	(71	)	(21	)%	$	6		1	%	$	(36	)	(12	)%
Earnings Per Share
Basic earnings per share (6)	$	1.36		$	1.21		$	1.24		$	1.28		$	1.14		$	3.14		$	3.66		$	(0.22	)	(16	)%	$	0.52		17	%	$	(0.14	)	(11	)%
Earnings per diluted share (7)	$	1.33		$	1.18		$	1.21		$	1.25		$	1.12		$	3.09		$	3.58		$	(0.21	)	(16	)%	$	0.49		16	%	$	(0.13	)	(10	)%
GAAP Metrics
Net revenue growth	26.5		%	18.6		%	17.3		%	6.5		%	5.2		%	32.7		%	9.4		%	(21.3		)%			(23.3		)%			(1.3		)%
Return on equity excluding AOCI (1)(4)	11.2		%	11.6		%	12.3		%	12.8		%	12.1		%	11.2		%	12.1		%	0.9		%			0.9		%			(0.7		)%
Earnings per diluted share growth	33.0		%	31.1		%	51.3		%	28.9		%	(15.8		)%	51.5		%	15.9		%	(48.8		)%			(35.6		)%			(44.7		)%
Pretax income margin (5)	19.1		%	14.4		%	15.3		%	15.2		%	10.1		%	18.2		%	13.6		%	(9.0		)%			(4.6		)%			(5.1		)%
Effective tax rate	29.7		%	24.1		%	23.9		%	28.7		%	32.5		%	20.7		%	27.8		%	2.8		%			7.1		%			3.8		%
Effective tax rate excluding CIEs (1)	27.7		%	22.5		%	22.9		%	26.8		%	22.9		%	24.3		%	24.3		%	(4.8		)%			—					(3.9		)%
Ameriprise Financial shareholders’ equity	$	10,950		$	10,725		$	10,551		$	10,548		$	10,271		$	10,950		$	10,271		$	(679	)	(6	)%	$	(679	)	(6	)%	$	(277	)	(3	)%
Ameriprise Financial shareholders’ equity from continuing operations excluding AOCI (1)	$	9,948		$	10,066		$	10,033		$	9,943		$	9,530		$	9,948		$	9,530		$	(418	)	(4	)%	$	(418	)	(4	)%	$	(413	)	(4	)%
Ameriprise Financial shareholders’ equity from continuing operations excluding AOCI - 5 point avg. (1)	$	9,387		$	9,667		$	9,893		$	9,955		$	9,904		$	9,387		$	9,904		$	517		6	%	$	517		6	%	$	(51	)	(1	)%
Ameriprise Financial shareholders’ equity / outstanding shares (2)	$	43.16		$	42.61		$	42.49		$	43.50		$	44.18		$	43.16		$	44.18		$	1.02		2	%	$	1.02		2	%	$	0.68		2	%
Ameriprise Financial shareholders’ equity from continuing operations excluding AOCI / outstanding shares (3)	$	39.21		$	39.99		$	40.41		$	41.00		$	40.99		$	39.21		$	40.99		$	1.78		5	%	$	1.78		5	%	$	(0.01	)	—

(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%.

5

Ameriprise Financial, Inc.

GAAP to Operating Reconciliation

Third Quarter 2011

																Year-to-Date
(in millions unless otherwise noted, unaudited)	3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			3 Qtr 2011			2010			2011
Pretax operating earnings (1)	$	487		$	446		$	450		$	449		$	322		$	1,128		$	1,221
Income taxes, applicable to operating earnings (2)	135			106			109			121			71			280			301
Operating earnings (1)	352			340			341			328			251			848			920
Reconciling items:
Management and financial advice fees
Management fees earned by the Company from the CIEs	(9		)	(10		)	(10		)	(10		)	(9		)	(28		)	(29		)
Net investment income
Net investment income attributable to the CIEs	17			24			27			17			(65		)	251			(21		)
Realized gains (losses)	2			19			1			6			(2		)	14			5
Other revenues
Other revenues attributable to the CIEs	9			13			20			18			22			112			60
Benefits, claims, losses and settlement expenses
Market impact on Variable Annuity guaranteed living benefits	18			(72		)	(27		)	(7		)	119			63			85
Amortization of deferred acquisition costs
Market impact on Variable Annuity guaranteed living benefits	(10		)	29			10			—			(63		)	(45		)	(53		)
Interest and debt expense
Interest and debt expense attributable to the CIEs	(45		)	(51		)	(50		)	(51		)	(47		)	(130		)	(148		)
General and administrative expense
Integration and restructuring charges	(19		)	(28		)	(29		)	(21		)	(24		)	(83		)	(74		)
General and administrative expense attributable to the CIEs	(4		)	(2		)	(5		)	(2		)	(6		)	(16		)	(13		)
Total reconciling items from continuing operations, before income taxes	(41		)	(78		)	(63		)	(50		)	(75		)	138			(188		)
Income taxes, not applicable to operating earnings (3)	3			18			16			7			(10		)	18			13
Total reconciling items from continuing operations, after income taxes	(38		)	(60		)	(47		)	(43		)	(85		)	156			(175		)
Income from continuing operations	314			280			294			285			166			1,004			745
Income (loss) from discontinued operations, net of tax	(2		)	(26		)	(71		)	(4		)	2			2			(73		)
Net income	312			254			223			281			168			1,006			672
Less: Net income (loss) attributable to noncontrolling interests	(32		)	(26		)	(18		)	(28		)	(105		)	189			(151		)
Net income attributable to Ameriprise Financial	$	344		$	280		$	241		$	309		$	273		$	817		$	823

(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

Third Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			3 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Revenues
Management and financial advice fees	$	1,005		$	1,156		$	1,147		$	1,182		$	1,136		$	2,666		$	3,465		$	131		13	%	$	799		30	%	$	(46	)	(4	)%
Distribution fees	349			385			397			416			389			1,062			1,202			40			11	%	140			13	%	(27		)	(6	)%
Net investment income	506			497			487			475			512			1,504			1,474			6			1	%	(30		)	(2	)%	37			8	%
Premiums	303			295			292			312			311			884			915			8			3	%	31			4	%	(1		)	—
Other revenues	167			193			184			218			173			545			575			6			4	%	30			6	%	(45		)	(21	)%
Total revenues	2,330			2,526			2,507			2,603			2,521			6,661			7,631			191			8	%	970			15	%	(82		)	(3	)%
Banking and deposit interest expense	15			14			13			11			12			56			36			(3		)	(20	)%	(20		)	(36	)%	1			9	%
Operating total net revenues (1)	2,315			2,512			2,494			2,592			2,509			6,605			7,595			194			8	%	990			15	%	(83		)	(3	)%
Expenses
Distribution expenses	519			582			619			643			624			1,483			1,886			105			20	%	403			27	%	(19		)	(3	)%
Interest credited to fixed accounts	227			223			207			212			213			686			632			(14		)	(6	)%	(54		)	(8	)%	1			—
Benefits, claims, losses and settlement expenses	654			393			355			399			376			1,348			1,130			(278		)	(43	)%	(218		)	(16	)%	(23		)	(6	)%
Amortization of deferred acquisition costs	(256		)	113			126			138			255			(2		)	519			511				#	521				#	117			85	%
Interest and debt expense	29			27			25			24			24			82			73			(5		)	(17	)%	(9		)	(11	)%	—			—
General and administrative expense	655			728			712			727			695			1,880			2,134			40			6	%	254			14	%	(32		)	(4	)%
Operating expenses (1)	1,828			2,066			2,044			2,143			2,187			5,477			6,374			359			20	%	897			16	%	44			2	%
Pretax operating earnings (1)	487			446			450			449			322			1,128			1,221			(165		)	(34	)%	93			8	%	(127		)	(28	)%
Income tax provision	135			106			109			121			71			280			301			(64		)	(47	)%	21			8	%	(50		)	(41	)%
Operating earnings (1)	$	352		$	340		$	341		$	328		$	251		$	848		$	920		$	(101	)	(29	)%	$	72		8	%	$	(77	)	(23	)%
Operating Earnings Per Share
Basic operating earnings per share (1)	$	1.38		$	1.35		$	1.36		$	1.34		$	1.05		$	3.27		$	3.76		$	(0.33	)	(24	)%	$	0.49		15	%	$	(0.29	)	(22	)%
Operating earnings per diluted share (1)	$	1.35		$	1.31		$	1.32		$	1.31		$	1.04		$	3.22		$	3.68		$	(0.31	)	(23	)%	$	0.46		14	%	$	(0.27	)	(21	)%
Operating Measures
Operating total net revenue growth	26.6		%	19.7		%	23.1		%	14.5		%	8.4		%	26.4		%	15.0		%	(18.2		)%			(11.4		)%			(6.1		)%
Operating earnings per diluted share growth	23.9		%	42.4		%	55.3		%	27.2		%	(23.0		)%	40.0		%	14.3		%	(46.8		)%			(25.7		)%			(50.1		)%
Operating return on equity excluding CIEs and AOCI (1)(4)	12.1		%	12.9		%	14.0		%	14.5		%	13.4		%	12.1		%	13.4		%	1.3		%			1.3		%			(1.1		)%
Pretax operating margin (1)	21.0		%	17.8		%	18.0		%	17.3		%	12.8		%	17.1		%	16.1		%	(8.2		)%			(1.0		)%			(4.5		)%
Operating effective tax rate (1)	27.7		%	23.8		%	24.2		%	26.9		%	22.0		%	24.8		%	24.7		%	(5.7		)%			(0.1		)%			(4.9		)%
Ameriprise Financial shareholders’ equity from continuing operations excluding CIEs (1)	$	10,284		$	10,102		$	10,074		$	10,112		$	9,819		$	10,284		$	9,819		$	(465	)	(5	)%	$	(465	)	(5	)%	$	(293	)	(3	)%
Ameriprise Financial shareholders’ equity from continuing operations excluding CIEs and AOCI (1)	$	9,358		$	9,508		$	9,503		$	9,449		$	9,150		$	9,358		$	9,150		$	(208	)	(2	)%	$	(208	)	(2	)%	$	(299	)	(3	)%
Ameriprise Financial shareholders’ equity from continuing operations excluding CIEs and AOCI - 5 point avg. (1)	$	9,043		$	9,212		$	9,332		$	9,397		$	9,394		$	9,043		$	9,394		$	351		4	%	$	351		4	%	$	(3	)	—
Ameriprise Financial shareholders’ equity from continuing operations excluding CIEs / outstanding shares (2)	$	40.54		$	40.14		$	40.57		$	41.70		$	42.23		$	40.54		$	42.23		$	1.69		4	%	$	1.69		4	%	$	0.53		1	%
Ameriprise Financial shareholders’ equity from continuing operations excluding CIEs and AOCI / outstanding shares (3)	$	36.89		$	37.78		$	38.27		$	38.96		$	39.35		$	36.89		$	39.35		$	2.46		7	%	$	2.46		7	%	$	0.39		1	%

(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.

# Variance of greater than 100%.

7

Statistical Supplement Package

(unaudited)

Third Quarter 2011

Summary & Highlights

8

Ameriprise Financial, Inc.

Highlights

Third Quarter 2011

																						Prior Year Comparisons
(in millions, except earnings per share amounts,																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
headcount and as otherwise noted, unaudited)	3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			3 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Operating Earnings Per Share
Basic operating earnings per share (1)	$	1.38		$	1.35		$	1.36		$	1.34		$	1.05		$	3.27		$	3.76		$	(0.33	)	(24	)%	$	0.49		15	%	$	(0.29	)	(22	)%
Operating earnings per diluted share (1)	$	1.35		$	1.31		$	1.32		$	1.31		$	1.04		$	3.22		$	3.68		$	(0.31	)	(23	)%	$	0.46		14	%	$	(0.27	)	(21	)%
Operating Metrics
Operating total net revenue growth: Target 6 - 8%	26.6		%	19.7		%	23.1		%	14.5		%	8.4		%	26.4		%	15.0		%	(18.2		)%			(11.4		)%			(6.1		)%
Operating earnings per diluted share growth: Target 12 - 15%	23.9		%	42.4		%	55.3		%	27.2		%	(23.0		)%	40.0		%	14.3		%	(46.8		)%			(25.7		)%			(50.1		)%
Operating return on equity excluding CIEs and AOCI: Target 12 - 15% (1)(2)	12.1		%	12.9		%	14.0		%	14.5		%	13.4		%	12.1		%	13.4		%	1.3		%			1.3		%			(1.1		)%
Assets Under Management and Administration (3)
Advice & Wealth Management AUM	$	91,101		$	97,514		$	103,104		$	105,863		$	98,185		$	91,101		$	98,185		$	7,084		8	%	$	7,084		8	%	$	(7,678	)	(7	)%
Asset Management AUM	444,871			456,833			465,434			467,231			416,992			444,871			416,992			(27,879		)	(6	)%	(27,879		)	(6	)%	(50,239		)	(11	)%
Corporate AUM	—			—			—			27			23			—			23			23			—		23			—		(4		)	(15	)%
Eliminations	(11,582		)	(12,405		)	(13,181		)	(13,456		)	(13,876		)	(11,582		)	(13,876		)	(2,294		)	(20	)%	(2,294		)	(20	)%	(420		)	(3	)%
Total Assets Under Management	524,390			541,942			555,357			559,665			501,324			524,390			501,324			(23,066		)	(4	)%	(23,066		)	(4	)%	(58,341		)	(10	)%
Total Assets Under Administration	98,831			105,519			111,509			110,559			98,612			98,831			98,612			(219		)	—		(219		)	—		(11,947		)	(11	)%
Total AUM and AUA	$	623,221		$	647,461		$	666,866		$	670,224		$	599,936		$	623,221		$	599,936		$	(23,285	)	(4	)%	$	(23,285	)	(4	)%	$	(70,288	)	(10	)%
Business Metrics
Total Ameriprise client assets	$	287,729		$	303,613		$	315,387		$	319,076		$	293,313		$	287,729		$	293,313		$	5,584		2	%	$	5,584		2	%	$	(25,763	)	(8	)%
Total branded financial advisors	9,723			9,656			9,653			9,663			9,714			9,723			9,714			(9		)	—		(9		)	—		51			1	%
Net flows and net deposits
Branded advisor wrap	$	1,566		$	1,736		$	2,750		$	2,345		$	820		$	5,815		$	5,915		$	(746	)	(48	)%	$	100		2	%	$	(1,525	)	(65	)%
Asset Management	(1,780		)	(5,766		)	(4,842		)	450			(4,810		)	(7,178		)	(9,202		)	(3,030		)		#	(2,024		)	(28	)%	(5,260		)		#
Annuities	325			177			(144		)	(49		)	19			266			(174		)	(306		)	(94	)%	(440		)		#	68				#
Variable universal life / Universal life	(51		)	(45		)	(63		)	(47		)	(49		)	(128		)	(159		)	2			4	%	(31		)	(24	)%	(2		)	(4	)%
S&P 500
Daily average	1,094			1,205			1,302			1,319			1,227			1,117			1,282			133			12	%	165			15	%	(92		)	(7	)%
Period end	1,141			1,258			1,326			1,321			1,131			1,141			1,131			(10		)	(1	)%	(10		)	(1	)%	(190		)	(14	)%

(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

Third Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions, unless otherwise noted, unaudited)	3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			3 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Common shares
Beginning balance	252.0			248.7			246.7			242.9			237.1			255.1			246.7			(14.9		)	(6	)%	(8.4		)	(3	)%	(5.8		)	(2	)%
Repurchases	(3.6		)	(3.8		)	(6.5		)	(6.0		)	(9.9		)	(9.3		)	(22.4		)	(6.3		)		#	(13.1		)		#	(3.9		)	(65	)%
Issuances	0.4			2.0			3.1			0.2			0.2			3.5			3.5			(0.2		)	(50	)%	—			—		0.0			—
Other	(0.1		)	(0.2		)	(0.4		)	—			(0.2		)	(0.6		)	(0.6		)	(0.1		)		#	—			—		(0.2		)	—
Total common shares outstanding	248.7			246.7			242.9			237.1			227.2			248.7			227.2			(21.5		)	(9	)%	(21.5		)	(9	)%	(9.9		)	(4	)%
Nonforfeitable restricted stock units	5.0			5.0			5.4			5.4			5.3			5.0			5.3			0.3			6	%	0.3			6	%	(0.1		)	(2	)%
Total basic common shares outstanding	253.7			251.7			248.3			242.5			232.5			253.7			232.5			(21.2		)	(8	)%	(21.2		)	(8	)%	(10.0		)	(4	)%
Total potentially dilutive shares	5.4			6.4			5.5			5.0			3.3			5.4			3.3			(2.1		)	(39	)%	(2.1		)	(39	)%	(1.7		)	(34	)%
Total diluted shares	259.1			258.1			253.8			247.5			235.8			259.1			235.8			(23.3		)	(9	)%	(23.3		)	(9	)%	(11.7		)	(5	)%
Weighted average common shares outstanding:
Basic	255.3			252.7			251.6			245.5			238.0			259.0			245.0			(17.3		)	(7	)%	(14.0		)	(5	)%	(7.5		)	(3	)%
Diluted	259.9			258.9			257.7			251.0			242.0			263.4			250.2			(17.9		)	(7	)%	(13.2		)	(5	)%	(9.0		)	(4	)%
Capital Returned to Shareholders
Dividends paid	$	46		$	45		$	46		$	57		$	55		$	138		$	158		$	9		20	%	$	20		14	%	$	(2	)	(4	)%
Common stock share repurchases	$	153		$	200		$	395		$	366		$	447		$	373		$	1,208		$	294			#	$	835			#	$	81		22	%
Debt to Capital
Total Ameriprise Financial long-term debt to total Ameriprise Financial capital	20.0		%	17.8		%	17.9		%	18.1		%	19.0		%	20.0		%	19.0		%	(1.0		)%			(1.0		)%			0.9		%
Goodwill and intangible assets	$	2,207		$	2,184		$	2,184		$	2,180		$	2,155		$	2,207		$	2,155		$	(52	)	(2	)%	$	(52	)	(2	)%	$	(25	)	(1	)%
Net Investment Income
Investment income on fixed maturities (2)	$	480		$	480		$	470		$	457		$	498		$	1,440		$	1,425		$	18		4	%	$	(15	)	(1	)%	$	41		9	%
Realized gains (losses)	2			19			1			6			(2		)	14			5			(4		)		#	(9		)	(64	)%	(8		)		#
Affordable housing	(4		)	(8		)	(7		)	(8		)	(9		)	(12		)	(24		)	(5		)		#	(12		)		#	(1		)	(13	)%
Other (including seed money)	30			25			24			26			23			76			73			(7		)	(23	)%	(3		)	(4	)%	(3		)	(12	)%
Consolidated investment entities	17			24			27			17			(65		)	251			(21		)	(82		)		#	(272		)		#	(82		)		#
Total net investment income	$	525		$	540		$	515		$	498		$	445		$	1,769		$	1,458		$	(80	)	(15	)%	$	(311	)	(18	)%	$	(53	)	(11	)%
Allocated Equity (1)
Advice & Wealth Management	$	698		$	713		$	728		$	772		$	782		$	698		$	782		$	84		12	%	$	84		12	%	$	10		1	%
Asset Management	1,919			1,924			1,911			1,954			1,948			1,919			1,948			29			2	%	29			2	%	(6		)	—
Annuities	2,539			2,582			2,696			2,821			3,017			2,539			3,017			478			19	%	478			19	%	196			7	%
Protection	2,668			2,596			2,594			2,555			2,338			2,668			2,338			(330		)	(12	)%	(330		)	(12	)%	(217		)	(8	)%
Corporate & Other	1,534			1,693			1,574			1,347			1,065			1,534			1,065			(469		)	(31	)%	(469		)	(31	)%	(282		)	(21	)%
Total allocated equity	$	9,358		$	9,508		$	9,503		$	9,449		$	9,150		$	9,358		$	9,150		$	(208	)	(2	)%	$	(208	)	(2	)%	$	(299	)	(3	)%

(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) Q3 2011 includes a $43M adjustment for additional bond discount amortization investment income related to prior periods resulting from revisions to the accounting classification of certain structured securities.

# Variance of greater than 100%.

10

Ameriprise Financial, Inc.

Segment Summary

Third Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			3 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Segment Summary
Advice & Wealth Management
Reported net revenues	$	830		$	895		$	914		$	957		$	936		$	2,448		$	2,807		$	106		13	%	$	359		15	%	$	(21	)	(2	)%
Realized (gains) losses	—			(1		)	(1		)	—			2			—			1			2			—		1			—		2			—
Operating total net revenues (2)	$	830		$	894		$	913		$	957		$	938		$	2,448		$	2,808		$	108		13	%	$	360		15	%	$	(19	)	(2	)%
Reported expenses	$	742		$	798		$	814		$	849		$	822		$	2,229		$	2,485		$	80		11	%	$	256		11	%	$	(27	)	(3	)%
Less: integration/restructuring charges (1)	1			—			—			—			—			7			—			(1		)		#	(7		)		#	—			—
Operating expenses (2)	$	741		$	798		$	814		$	849		$	822		$	2,222		$	2,485		$	81		11	%	$	263		12	%	$	(27	)	(3	)%
Pretax segment income	$	88		$	97		$	100		$	108		$	114		$	219		$	322		$	26		30	%	$	103		47	%	$	6		6	%
Pretax operating earnings (2)	$	89		$	96		$	99		$	108		$	116		$	226		$	323		$	27		30	%	$	97		43	%	$	8		7	%
Allocated equity	$	698		$	713		$	728		$	772		$	782		$	698		$	782		$	84		12	%	$	84		12	%	$	10		1	%
Operating return on allocated equity (2)(3)	28.3		%	34.8		%	39.6		%	40.4		%	43.0		%	28.3		%	43.0		%	14.7		%			14.7		%			2.6		%
Pretax operating margin (2)	10.7		%	10.7		%	10.8		%	11.3		%	12.4		%	9.2		%	11.5		%	1.7		%			2.3		%			1.1		%
Asset Management
Reported net revenues	$	662		$	774		$	737		$	753		$	707		$	1,594		$	2,197		$	45		7	%	$	603		38	%	$	(46	)	(6	)%
Realized (gains) losses	(1		)	(1		)	—			—			(2		)	(2		)	(2		)	(1		)		#	—			—		(2		)	—
Operating total net revenues(2)	$	661		$	773		$	737		$	753		$	705		$	1,592		$	2,195		$	44		7	%	$	603		38	%	$	(48	)	(6	)%
Reported expenses	$	558		$	634		$	630		$	628		$	610		$	1,416		$	1,868		$	52		9	%	$	452		32	%	$	(18	)	(3	)%
Less: integration/restructuring charges (4)	18			24			29			21			24			71			74			6			33	%	3			4	%	3			14	%
Operating expenses (2)	$	540		$	610		$	601		$	607		$	586		$	1,345		$	1,794		$	46		9	%	$	449		33	%	$	(21	)	(3	)%
Pretax segment income	$	104		$	140		$	107		$	125		$	97		$	178		$	329		$	(7	)	(7	)%	$	151		85	%	$	(28	)	(22	)%
Pretax operating earnings (2)	$	121		$	163		$	136		$	146		$	119		$	247		$	401		$	(2	)	(2	)%	$	154		62	%	$	(27	)	(18	)%
Allocated equity	$	1,919		$	1,924		$	1,911		$	1,954		$	1,948		$	1,919		$	1,948		$	29		2	%	$	29		2	%	$	(6	)	—
Operating return on allocated equity (2)(3)	17.6		%	19.7		%	22.7		%	21.8		%	22.1		%	17.6		%	22.1		%	4.5		%			4.5		%			0.3		%
Pretax operating margin (2)	18.3		%	21.1		%	18.5		%	19.4		%	16.9		%	15.5		%	18.3		%	(1.4		)%			2.8		%			(2.5		)%
Operating total net revenues(2)	$	661		$	773		$	737		$	753		$	705		$	1,592		$	2,195		$	44		7	%	$	603		38	%	$	(48	)	(6	)%
Distribution pass thru revenues	(184		)	(188		)	(207		)	(218		)	(207		)	(439		)	(632		)	(23		)	(13	)%	(193		)	(44	)%	11			5	%
Subadvisory and other pass thru revenues	(89		)	(95		)	(98		)	(96		)	(91		)	(197		)	(285		)	(2		)	(2	)%	(88		)	(45	)%	5			5	%
Adjusted operating revenues (2)	$	388		$	490		$	432		$	439		$	407		$	956		$	1,278		$	19		5	%	$	322		34	%	$	(32	)	(7	)%
Pretax operating earnings (2)	$	121		$	163		$	136		$	146		$	119		$	247		$	401		$	(2	)	(2	)%	$	154		62	%	$	(27	)	(18	)%
Operating net investment income (2)	(5		)	(6		)	(1		)	(3		)	4			(8		)	—			9				#	8				#	7				#
Amortization of intangibles	12			10			10			10			10			29			30			(2		)	(17	)%	1			3	%	—			—
Adjusted operating earnings (2)	$	128		$	167		$	145		$	153		$	133		$	268		$	431		$	5		4	%	$	163		61	%	$	(20	)	(13	)%
Adjusted net pretax operating margin (2)	33.0		%	34.1		%	33.6		%	34.9		%	32.7		%	28.0		%	33.7		%	(0.3		)%			5.7		%			(2.2		)%

(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 acquisition of Columbia.

# Variance of greater than 100%.

11

Ameriprise Financial, Inc.

Segment Summary

Third Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			3 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Annuities
Reported net revenues	$	626		$	642		$	640		$	666		$	686		$	1,858		$	1,992		$	60		10	%	$	134		7	%	$	20		3	%
Realized (gains) losses	1			(3		)	3			(1		)	2			(6		)	4			1				#	10				#	3				#
Operating total net revenues (2)	$	627		$	639		$	643		$	665		$	688		$	1,852		$	1,996		$	61		10	%	$	144		8	%	$	23		3	%
Reported expenses	$	362		$	511		$	486		$	523		$	550		$	1,341		$	1,559		$	188		52	%	$	218		16	%	$	27		5	%
Less: market impact on VA guaranteed living benefits	(8		)	43			17			7			(56		)	(18		)	(32		)	(48		)		#	(14		)	(78	)%	(63		)		#
Operating expenses (2)	$	370		$	468		$	469		$	516		$	606		$	1,359		$	1,591		$	236		64	%	$	232		17	%	$	90		17	%
Pretax segment income	$	264		$	131		$	154		$	143		$	136		$	517		$	433		$	(128	)	(48	)%	$	(84	)	(16	)%	$	(7	)	(5	)%
Pretax operating earnings (2)	$	257		$	171		$	174		$	149		$	82		$	493		$	405		$	(175	)	(68	)%	$	(88	)	(18	)%	$	(67	)	(45	)%
Allocated equity	$	2,539		$	2,582		$	2,696		$	2,821		$	3,017		$	2,539		$	3,017		$	478		19	%	$	478		19	%	$	196		7	%
Operating return on allocated equity (2)(3)	20.1		%	20.3		%	21.1		%	21.4		%	15.9		%	20.1		%	15.9		%	(4.2		)%			(4.2		)%			(5.5		)%
Pretax operating margin (2)	41.0		%	26.8		%	27.1		%	22.4		%	11.9		%	26.6		%	20.3		%	(29.1		)%			(6.3		)%			(10.5		)%
Protection
Reported net revenues	$	500		$	523		$	517		$	525		$	501		$	1,524		$	1,543		$	1		—		$	19		1	%	$	(24	)	(5	)%
Realized (gains) losses	—			1			(1		)	(3		)	1			(2		)	(3		)	1			—		(1		)	(50	)%	4				#
Operating total net revenues (2)	$	500		$	524		$	516		$	522		$	502		$	1,522		$	1,540		$	2		—		$	18		1	%	$	(20	)	(4	)%
Reported expenses	$	433		$	440		$	410		$	435		$	437		$	1,204		$	1,282		$	4		1	%	$	78		6	%	$	2		—
Pretax segment income	$	67		$	83		$	107		$	90		$	64		$	320		$	261		$	(3	)	(4	)%	$	(59	)	(18	)%	$	(26	)	(29	)%
Pretax operating earnings (2)	$	67		$	84		$	106		$	87		$	65		$	318		$	258		$	(2	)	(3	)%	$	(60	)	(19	)%	$	(22	)	(25	)%
Allocated equity	$	2,668		$	2,596		$	2,594		$	2,555		$	2,338		$	2,668		$	2,338		$	(330	)	(12	)%	$	(330	)	(12	)%	$	(217	)	(8	)%
Operating return on allocated equity (2)(3)	13.1		%	11.8		%	11.4		%	9.8		%	10.1		%	13.1		%	10.1		%	(3.0		)%			(3.0		)%			0.3		%
Pretax operating margin (2)	13.4		%	16.0		%	20.5		%	16.7		%	12.9		%	20.9		%	16.8		%	(0.5		)%			(4.1		)%			(3.8		)%
Corporate & Other
Reported net revenues	$	32		$	46		$	43		$	59		$	(49	)	$	377		$	53		$	(81	)		#	$	(324	)	(86	)%	$	(108	)		#
CIEs net revenues	(26		)	(37		)	(47		)	(35		)	43			(363		)	(39		)	69				#	324			89	%	78				#
Realized (gains) losses	(2		)	(15		)	(2		)	(2		)	(1		)	(4		)	(5		)	1			50	%	(1		)	(25	)%	1			50	%
Operating total net revenues (2)	$	4		$	(6	)	$	(6	)	$	22		$	(7	)	$	10		$	9		$	(11	)		#	$	(1	)	(10	)%	$	(29	)		#
Reported expenses	$	109		$	129		$	124		$	126		$	115		$	345		$	365		$	6		6	%	$	20		6	%	$	(11	)	(9	)%
Less: CIEs expenses	58			63			65			63			62			174			190			4			7	%	16			9	%	(1		)	(2	)%
Less: integration/restructuring charges(1)	—			4			—			—			—			5			—			—			—		(5		)		#	—			—
Operating expenses (2)	$	51		$	62		$	59		$	63		$	53		$	166		$	175		$	2		4	%	$	9		5	%	$	(10	)	(16	)%
Noncontrolling interests	$	(32	)	$	(26	)	$	(18	)	$	(28	)	$	(105	)	$	189		$	(151	)	$	(73	)		#	$	(340	)		#	$	(77	)		#
Pretax segment income (loss)	$	(77	)	$	(83	)	$	(81	)	$	(67	)	$	(164	)	$	32		$	(312	)	$	(87	)		#	$	(344	)		#	$	(97	)		#
Pretax segment (loss) attributable to Ameriprise Financial	$	(45	)	$	(57	)	$	(63	)	$	(39	)	$	(59	)	$	(157	)	$	(161	)	$	(14	)	(31	)%	$	(4	)	(3	)%	$	(20	)	(51	)%
Pretax operating (loss) (2)	$	(47	)	$	(68	)	$	(65	)	$	(41	)	$	(60	)	$	(156	)	$	(166	)	$	(13	)	(28	)%	$	(10	)	(6	)%	$	(19	)	(46	)%

(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)

Third Quarter 2011

Advice & Wealth Management Segment

13

Ameriprise Financial, Inc.

Advice & Wealth Management Segment

Third Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			3 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Operating Income Statements
Revenues
Management and financial advice fees	$	333		$	374		$	386		$	408		$	401		$	996		$	1,195		$	68		20	%	$	199		20	%	$	(7	)	(2	)%
Distribution fees	429			453			461			484			461			1,243			1,406			32			7	%	163			13	%	(23		)	(5	)%
Net investment income	66			62			63			61			73			210			197			7			11	%	(13		)	(6	)%	12			20	%
Premiums	—			—			—			—			—			—			—			—			—		—			—		—			—
Other revenues	17			19			16			15			15			52			46			(2		)	(12	)%	(6		)	(12	)%	—			—
Total revenues	845			908			926			968			950			2,501			2,844			105			12	%	343			14	%	(18		)	(2	)%
Banking and deposit interest expense	15			14			13			11			12			53			36			(3		)	(20	)%	(17		)	(32	)%	1			9	%
Operating total net revenues (1)	830			894			913			957			938			2,448			2,808			108			13	%	360			15	%	(19		)	(2	)%
Expenses
Distribution expenses (4)	478			536			541			574			547			1,418			1,662			69			14	%	244			17	%	(27		)	(5	)%
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)	263			262			273			275			275			804			823			12			5	%	19			2	%	—			—
Operating expenses (1)	741			798			814			849			822			2,222			2,485			81			11	%	263			12	%	(27		)	(3	)%
Pretax operating earnings (1)	$	89		$	96		$	99		$	108		$	116		$	226		$	323		$	27		30	%	$	97		43	%	$	8		7	%
Pretax segment income	$	88		$	97		$	100		$	108		$	114		$	219		$	322		$	26		30	%	$	103		47	%	$	6		6	%
Margins
Pretax segment margin	10.6		%	10.8		%	10.9		%	11.3		%	12.2		%	8.9		%	11.5		%	1.6		%			2.6		%			0.9		%
Pretax operating margin (1)	10.7		%	10.7		%	10.8		%	11.3		%	12.4		%	9.2		%	11.5		%	1.7		%			2.3		%			1.1		%
Return on Equity
Allocated equity	$	698		$	713		$	728		$	772		$	782		$	698		$	782		$	84		12	%	$	84		12	%	$	10		1	%
Return on allocated equity (1)(2)	25.8		%	34.5		%	39.9		%	40.9		%	43.2		%	25.8		%	43.2		%	17.4		%			17.4		%			2.3		%
Operating return on allocated equity (1)(3)	28.3		%	34.8		%	39.6		%	40.4		%	43.0		%	28.3		%	43.0		%	14.7		%			14.7		%			2.6		%
On-balance sheet deposits	$	8,257		$	8,489		$	8,606		$	8,980		$	9,294		$	8,257		$	9,294		$	1,037		13	%	$	1,037		13	%	$	314		3	%

(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

Third Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			3 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Product Information
Certificates and Banking - Combined
Pretax operating earnings (1)	$	23		$	27		$	21		$	21		$	35		$	72		$	77		$	12		52	%	$	5		7	%	$	14		67	%
Allocated equity	$	451		$	463		$	478		$	523		$	534		$	451		$	534		$	83		18	%	$	83		18	%	$	11		2	%
Operating return on allocated equity (1)(2)	17.1		%	16.6		%	15.7		%	14.5		%	16.2		%	17.1		%	16.2		%	(0.9		)%			(0.9		)%			1.7		%
Wealth Management & Distribution
Pretax operating earnings (1)	$	66		$	69		$	78		$	87		$	81		$	154		$	246		$	15		23	%	$	92		60	%	$	(6	)	(7	)%
Allocated equity	$	247		$	250		$	250		$	249		$	248		$	247		$	248		$	1		—		$	1		—		$	(1	)	—
Operating return on allocated equity (1)(2)	48.9		%	68.0		%	83.7		%	89.4		%	95.9		%	48.9		%	95.9		%	47.0		%			47.0		%			6.5		%
Financial Plans
Branded financial plan net cash sales	$	48		$	57		$	53		$	55		$	51		$	151		$	159		$	3		6	%	$	8		5	%	$	(4	)	(7	)%
Financial Advisors
Employee advisors	2,183			2,168			2,140			2,146			2,182			2,183			2,182			(1		)	—		(1		)	—		36			2	%
Franchisee advisors	7,540			7,488			7,513			7,517			7,532			7,540			7,532			(8		)	—		(8		)	—		15			—
Total branded financial advisors	9,723			9,656			9,653			9,663			9,714			9,723			9,714			(9		)	—		(9		)	—		51			1	%
Operating total net revenues (1) per financial advisor (in thousands) (3)	$	85		$	93		$	95		$	99		$	97		$	249		$	291		$	12		14	%	$	42		17	%	$	(2	)	(2	)%
Advisor Retention
Employee	77.8		%	82.3		%	86.6		%	89.4		%	90.5		%	77.8		%	90.5		%	12.7		%			12.7		%			1.1		%
Franchisee	93.0		%	93.4		%	94.1		%	94.2		%	94.6		%	93.0		%	94.6		%	1.6		%			1.6		%			0.4		%
Total Client Assets (at period end)	$	287,729		$	303,613		$	315,387		$	319,076		$	293,313		$	287,729		$	293,313		$	5,584		2	%	$	5,584		2	%	$	(25,763	)	(8	)%
Total Wrap Accounts
Beginning assets	$	83,042		$	91,101		$	97,514		$	103,104		$	105,863		$	81,252		$	97,514		$	22,821		27	%	$	16,262		20	%	$	2,759		3	%
Net flows	1,566			1,736			2,750			2,345			820			5,815			5,915			(746		)	(48	)%	100			2	%	(1,525		)	(65	)%
Market appreciation (depreciation) and other	6,493			4,677			2,840			414			(9,736		)	4,034			(6,482		)	(16,229		)		#	(10,516		)		#	(10,150		)		#
Total wrap ending assets	$	91,101		$	97,514		$	103,104		$	105,863		$	96,947		$	91,101		$	96,947		$	5,846		6	%	$	5,846		6	%	$	(8,916	)	(8	)%

(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)

Third Quarter 2011

Asset Management Segment

16

Ameriprise Financial, Inc.

Asset Management Segment

Third Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr  Chg - 3Q					YTD  Chg - 3Q					Seq  Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			3 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Operating Income Statements
Revenues
Management and financial advice fees	$	551		$	650		$	620		$	627		$	599		$	1,329		$	1,846		$	48		9	%	$	517		39	%	$	(28	)	(4	)%
Distribution fees	103			109			115			123			108			249			346			5			5	%	97			39	%	(15		)	(12	)%
Net investment income	5			6			1			3			(4		)	8			—			(9		)		#	(8		)		#	(7		)		#
Premiums	—			—			—			—			—			—			—			—			—		—			—		—			—
Other revenues	2			8			2			—			3			7			5			1			50	%	(2		)	(29	)%	3			—
Total revenues	661			773			738			753			706			1,593			2,197			45			7	%	604			38	%	(47		)	(6	)%
Banking and deposit interest expense	—			—			1			—			1			1			2			1			—		1				#	1			—
Operating total net revenues (1)	661			773			737			753			705			1,592			2,195			44			7	%	603			38	%	(48		)	(6	)%
Expenses
Distribution expenses	215			227			258			260			258			507			776			43			20	%	269			53	%	(2		)	(1	)%
Interest credited to fixed accounts	—			—			—			—			—			—			—			—			—		—			—		—			—
Benefits, claims, losses and settlement expenses	—			—			—			—			—			—			—			—			—		—			—		—			—
Amortization of deferred acquisition costs	5			4			4			6			5			16			15			—			—		(1		)	(6	)%	(1		)	(17	)%
Interest and debt expense	—			—			—			—			—			—			—			—			—		—			—		—			—
General and administrative expense	320			379			339			341			323			822			1,003			3			1	%	181			22	%	(18		)	(5	)%
Operating expenses (1)	540			610			601			607			586			1,345			1,794			46			9	%	449			33	%	(21		)	(3	)%
Pretax operating earnings (1)	$	121		$	163		$	136		$	146		$	119		$	247		$	401		$	(2	)	(2	)%	$	154		62	%	$	(27	)	(18	)%
Pretax segment income	$	104		$	140		$	107		$	125		$	97		$	178		$	329		$	(7	)	(7	)%	$	151		85	%	$	(28	)	(22	)%
Margins
Pretax segment margin	15.7		%	18.1		%	14.5		%	16.6		%	13.7		%	11.2		%	15.0		%	(2.0		)%			3.8		%			(2.9		)%
Pretax operating margin (1)	18.3		%	21.1		%	18.5		%	19.4		%	16.9		%	15.5		%	18.3		%	(1.4		)%			2.8		%			(2.5		)%
Operating total net revenues (1)	$	661		$	773		$	737		$	753		$	705		$	1,592		$	2,195		$	44		7	%	$	603		38	%	$	(48	)	(6	)%
Distribution pass thru revenues	(184		)	(188		)	(207		)	(218		)	(207		)	(439		)	(632		)	(23		)	(13	)%	(193		)	(44	)%	11			5	%
Subadvisory and other pass thru revenues	(89		)	(95		)	(98		)	(96		)	(91		)	(197		)	(285		)	(2		)	(2	)%	(88		)	(45	)%	5			5	%
Adjusted operating revenues (1)	$	388		$	490		$	432		$	439		$	407		$	956		$	1,278		$	19		5	%	$	322		34	%	$	(32	)	(7	)%
Pretax operating earnings (1)	$	121		$	163		$	136		$	146		$	119		$	247		$	401		$	(2	)	(2	)%	$	154		62	%	$	(27	)	(18	)%
Operating net investment income (1)	(5		)	(6		)	(1		)	(3		)	4			(8		)	—			9				#	8				#	7				#
Amortization of intangibles	12			10			10			10			10			29			30			(2		)	(17	)%	1			3	%	—			—
Adjusted operating earnings (1)	$	128		$	167		$	145		$	153		$	133		$	268		$	431		$	5		4	%	$	163		61	%	$	(20	)	(13	)%
Adjusted net pretax operating margin (1)	33.0		%	34.1		%	33.6		%	34.9		%	32.7		%	28.0		%	33.7		%	(0.3		)%			5.7		%			(2.2		)%
Return on Equity
Allocated equity	$	1,919		$	1,924		$	1,911		$	1,954		$	1,948		$	1,919		$	1,948		$	29		2	%	$	29		2	%	$	(6	)	—
Return on allocated equity (1)(2)	13.5		%	15.3		%	17.8		%	18.5		%	18.5		%	13.5		%	18.5		%	5.0		%			5.0		%			—
Operating return on allocated equity (1)(3)	17.6		%	19.7		%	22.7		%	21.8		%	22.1		%	17.6		%	22.1		%	4.5		%			4.5		%			0.3		%

(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

Third Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			3 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Total Managed Asset Net Flows
Columbia managed asset net flows	$	(2,830	)	$	(5,198	)	$	(1,982	)	$	(246	)	$	(4,063	)	$	(7,129	)	$	(6,291	)	$	(1,233	)	(44	)%	$	838		12	%	$	(3,817	)		#
Threadneedle managed asset net flows	1,082			(578		)	(2,968		)	1,694			(756		)	72			(2,030		)	(1,838		)		#	(2,102		)		#	(2,450		)		#
Less: Sub-advised eliminations	(32		)	10			108			(998		)	9			(121		)	(881		)	41				#	(760		)		#	1,007				#
Total managed asset net flows	$	(1,780	)	$	(5,766	)	$	(4,842	)	$	450		$	(4,810	)	$	(7,178	)	$	(9,202	)	$	(3,030	)		#	$	(2,024	)	(28	)%	$	(5,260	)		#
Total Managed Assets Reconciliations
Columbia managed assets	$	347,050		$	355,489		$	362,960		$	362,044		$	324,654		$	347,050		$	324,654		$	(22,396	)	(6	)%	$	(22,396	)	(6	)%	$	(37,390	)	(10	)%
Threadneedle managed assets	101,851			105,648			106,765			110,402			96,465			101,851			96,465			(5,386		)	(5	)%	(5,386		)	(5	)%	(13,937		)	(13	)%
Less: Sub-advised eliminations	(4,030		)	(4,304		)	(4,291		)	(5,215		)	(4,127		)	(4,030		)	(4,127		)	(97		)	(2	)%	(97		)	(2	)%	1,088			21	%
Total managed assets	$	444,871		$	456,833		$	465,434		$	467,231		$	416,992		$	444,871		$	416,992		$	(27,879	)	(6	)%	$	(27,879	)	(6	)%	$	(50,239	)	(11	)%
Total Managed Assets by Type
Equity	$	215,095		$	237,120		$	247,257		$	247,552		$	198,911		$	215,095		$	198,911		$	(16,184	)	(8	)%	$	(16,184	)	(8	)%	$	(48,641	)	(20	)%
Fixed income	198,786			189,545			188,149			190,350			190,025			198,786			190,025			(8,761		)	(4	)%	(8,761		)	(4	)%	(325		)	—
Money market	6,734			6,597			6,389			6,267			6,258			6,734			6,258			(476		)	(7	)%	(476		)	(7	)%	(9		)	—
Alternative	11,505			11,309			10,959			10,725			10,117			11,505			10,117			(1,388		)	(12	)%	(1,388		)	(12	)%	(608		)	(6	)%
Hybrid and other	12,751			12,262			12,680			12,337			11,681			12,751			11,681			(1,070		)	(8	)%	(1,070		)	(8	)%	(656		)	(5	)%
Total managed assets by type	$	444,871		$	456,833		$	465,434		$	467,231		$	416,992		$	444,871		$	416,992		$	(27,879	)	(6	)%	$	(27,879	)	(6	)%	$	(50,239	)	(11	)%

# Variance of greater than 100%.

18

Ameriprise Financial, Inc.

Asset Management Segment - Columbia

Third Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			3 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Columbia Managed Assets Rollforward
Retail Funds
Beginning assets	$	189,418		$	205,230		$	218,460		$	226,442		$	225,368		$	76,860		$	218,460		$	35,950		19	%	$	141,600			#	$	(1,074	)	—
Mutual fund inflows	7,439			9,096			11,395			9,708			9,639			16,660			30,742			2,200			30	%	14,082			85	%	(69		)	(1	)%
Mutual fund outflows	(10,731		)	(12,040		)	(12,642		)	(11,928		)	(12,349		)	(23,341		)	(36,919		)	(1,618		)	(15	)%	(13,578		)	(58	)%	(421		)	(4	)%
Net VP/VIT fund flows	691			711			381			394			388			825			1,163			(303		)	(44	)%	338			41	%	(6		)	(2	)%
Net new flows	(2,601		)	(2,233		)	(866		)	(1,826		)	(2,322		)	(5,856		)	(5,014		)	279			11	%	842			14	%	(496		)	(27	)%
Reinvested dividends	413			1,350			328			2,083			384			1,501			2,795			(29		)	(7	)%	1,294			86	%	(1,699		)	(82	)%
Net flows	(2,188		)	(883		)	(538		)	257			(1,938		)	(4,355		)	(2,219		)	250			11	%	2,136			49	%	(2,195		)		#
Distributions	(665		)	(1,860		)	(556		)	(2,520		)	(579		)	(2,010		)	(3,655		)	86			13	%	(1,645		)	(82	)%	1,941			77	%
Market appreciation (depreciation) and other (1)	18,665			15,973			9,076			1,189			(28,721		)	134,735			(18,456		)	(47,386		)		#	(153,191		)		#	(29,910		)		#
Total ending assets	205,230			218,460			226,442			225,368			194,130			205,230			194,130			(11,100		)	(5	)%	(11,100		)	(5	)%	(31,238		)	(14	)%
% of total retail assets sub-advised	18.6		%	18.4		%	18.5		%	18.3		%	18.3		%	18.6		%	18.3		%	(0.3		)%			(0.3		)%			—
Institutional
Beginning assets	128,176			131,822			127,211			127,105			127,450			62,496			127,211			(726		)	(1	)%	64,715				#	345			—
Net flows	(637		)	(3,978		)	(1,010		)	(239		)	(1,966		)	(3,094		)	(3,215		)	(1,329		)		#	(121		)	(4	)%	(1,727		)		#
Market appreciation (depreciation) and other (2)(3)	4,283			(633		)	904			584			(3,713		)	72,420			(2,225		)	(7,996		)		#	(74,645		)		#	(4,297		)		#
Total ending assets	131,822			127,211			127,105			127,450			121,771			131,822			121,771			(10,051		)	(8	)%	(10,051		)	(8	)%	(5,679		)	(4	)%
Alternative
Beginning assets	9,957			10,122			9,971			9,615			9,446			9,791			9,971			(511		)	(5	)%	180			2	%	(169		)	(2	)%
Net flows	(5		)	(337		)	(434		)	(264		)	(159		)	320			(857		)	(154		)		#	(1,177		)		#	105			40	%
Market appreciation (depreciation) and other	170			186			78			95			(332		)	11			(159		)	(502		)		#	(170		)		#	(427		)		#
Total ending assets	10,122			9,971			9,615			9,446			8,955			10,122			8,955			(1,167		)	(12	)%	(1,167		)	(12	)%	(491		)	(5	)%
Other and Eliminations	(124		)	(153		)	(202		)	(220		)	(202		)	(124		)	(202		)	(78		)	(63	)%	(78		)	(63	)%	18			8	%
Total Columbia managed assets	$	347,050		$	355,489		$	362,960		$	362,044		$	324,654		$	347,050		$	324,654		$	(22,396	)	(6	)%	$	(22,396	)	(6	)%	$	(37,390	)	(10	)%
Total Columbia net flows	$	(2,830	)	$	(5,198	)	$	(1,982	)	$	(246	)	$	(4,063	)	$	(7,129	)	$	(6,291	)	$	(1,233	)	(44	)%	$	838		12	%	$	(3,817	)		#

(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

Third Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			3 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Threadneedle Managed Assets Rollforward
Retail Funds
Beginning assets	$	27,291		$	30,673		$	33,394		$	34,275		$	36,638		$	29,090		$	33,394		$	9,347		34	%	$	4,304		15	%	$	2,363		7	%
Mutual fund inflows	3,025			3,632			4,129			5,181			4,304			9,909			13,614			1,279			42	%	3,705			37	%	(877		)	(17	)%
Mutual fund outflows	(3,383		)	(2,394		)	(4,714		)	(3,277		)	(5,498		)	(9,411		)	(13,489		)	(2,115		)	(63	)%	(4,078		)	(43	)%	(2,221		)	(68	)%
Net new flows	(358		)	1,238			(585		)	1,904			(1,194		)	498			125			(836		)		#	(373		)	(75	)%	(3,098		)		#
Reinvested dividends	13			55			16			55			13			71			84			—			—		13			18	%	(42		)	(76	)%
Net flows	(345		)	1,293			(569		)	1,959			(1,181		)	569			209			(836		)		#	(360		)	(63	)%	(3,140		)		#
Distributions	(49		)	(161		)	(56		)	(162		)	(180		)	(251		)	(398		)	(131		)		#	(147		)	(59	)%	(18		)	(11	)%
Market appreciation (depreciation)	2,232			1,694			499			330			(4,550		)	1,725			(3,721		)	(6,782		)		#	(5,446		)		#	(4,880		)		#
Foreign currency translation (1)	1,402			(240		)	888			(14		)	(915		)	(907		)	(41		)	(2,317		)		#	866			95	%	(901		)		#
Other	142			135			119			250			285			447			654			143				#	207			46	%	35			14	%
Total ending assets	30,673			33,394			34,275			36,638			30,097			30,673			30,097			(576		)	(2	)%	(576		)	(2	)%	(6,541		)	(18	)%
Institutional
Beginning assets	60,469			69,795			70,916			71,146			72,485			66,934			70,916			12,016			20	%	3,982			6	%	1,339			2	%
Net flows	1,610			(1,769		)	(2,364		)	(141		)	414			(382		)	(2,091		)	(1,196		)	(74	)%	(1,709		)		#	555				#
Market appreciation (depreciation)	4,176			2,876			291			812			(6,171		)	3,873			(5,068		)	(10,347		)		#	(8,941		)		#	(6,983		)		#
Foreign currency translation (1)	3,127			(473		)	1,896			78			(1,957		)	(1,971		)	17			(5,084		)		#	1,988				#	(2,035		)		#
Other	413			487			407			590			435			1,341			1,432			22			5	%	91			7	%	(155		)	(26	)%
Total ending assets	69,795			70,916			71,146			72,485			65,206			69,795			65,206			(4,589		)	(7	)%	(4,589		)	(7	)%	(7,279		)	(10	)%
Alternative
Beginning assets	1,559			1,383			1,338			1,344			1,279			1,799			1,338			(280		)	(18	)%	(461		)	(26	)%	(65		)	(5	)%
Net flows	(183		)	(102		)	(35		)	(124		)	11			(115		)	(148		)	194				#	(33		)	(29	)%	135				#
Market appreciation (depreciation)	(85		)	51			(10		)	32			(103		)	(280		)	(81		)	(18		)	(21	)%	199			71	%	(135		)		#
Foreign currency translation (1)	77			(7		)	35			6			(39		)	(61		)	2			(116		)		#	63				#	(45		)		#
Other	15			13			16			21			14			40			51			(1		)	(7	)%	11			28	%	(7		)	(33	)%
Total ending assets	1,383			1,338			1,344			1,279			1,162			1,383			1,162			(221		)	(16	)%	(221		)	(16	)%	(117		)	(9	)%
Total Threadneedle managed assets	$	101,851		$	105,648		$	106,765		$	110,402		$	96,465		$	101,851		$	96,465		$	(5,386	)	(5	)%	$	(5,386	)	(5	)%	$	(13,937	)	(13	)%
Total Threadneedle net flows	$	1,082		$	(578	)	$	(2,968	)	$	1,694		$	(756	)	$	72		$	(2,030	)	$	(1,838	)		#	$	(2,102	)		#	$	(2,450	)		#

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

# Variance of greater than 100%.

20

Ameriprise Financial, Inc.

Asset Management Segment - Columbia

Third Quarter 2011

Mutual Fund Rankings in top 2 Lipper Quartiles

		2 Qtr 2011		3 Qtr 2011
Domestic Equity
Equal weighted	1 year	72	%	54	%
	3 year	59	%	48	%
	5 year	67	%	66	%
Asset weighted	1 year	62	%	56	%
	3 year	64	%	60	%
	5 year	71	%	60	%
International Equity
Equal weighted	1 year	39	%	33	%
	3 year	38	%	41	%
	5 year	50	%	50	%
Asset weighted	1 year	8	%	18	%
	3 year	56	%	61	%
	5 year	63	%	66	%
Taxable Fixed Income
Equal weighted	1 year	65	%	70	%
	3 year	68	%	58	%
	5 year	68	%	68	%
Asset weighted	1 year	74	%	85	%
	3 year	68	%	56	%
	5 year	73	%	73	%
Tax Exempt Fixed Income
Equal weighted	1 year	100	%	100	%
	3 year	100	%	100	%
	5 year	94	%	95	%
Asset weighted	1 year	100	%	100	%
	3 year	100	%	100	%
	5 year	99	%	99	%
Asset Allocation Funds
Equal weighted	1 year	71	%	95	%
	3 year	57	%	57	%
	5 year	57	%	57	%
Asset weighted	1 year	79	%	92	%
	3 year	88	%	88	%
	5 year	87	%	88	%
Number of funds with 4 or 5 Morningstar star ratings
Overall		52		54
3 year		46		48
5 year		47		46
Percent of funds with 4 or 5 Morningstar star ratings
Overall		45	%	46	%
3 year		40	%	41	%
5 year		42	%	41	%
Percent of assets with 4 or 5 Morningstar star ratings
Overall		53	%	58	%
3 year		44	%	39	%
5 year		38	%	41	%

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

Third Quarter 2011

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

		2 Qtr 2011		3 Qtr 2011
Equity
Equal weighted	1 year	83	%	65	%
	3 year	75	%	78	%
	5 year	86	%	86	%
Asset weighted	1 year	83	%	67	%
	3 year	85	%	82	%
	5 year	96	%	90	%
Fixed Income
Equal weighted	1 year	56	%	64	%
	3 year	77	%	69	%
	5 year	73	%	73	%
Asset weighted	1 year	52	%	58	%
	3 year	92	%	62	%
	5 year	83	%	91	%
Allocation (Managed) Funds
Equal weighted	1 year	67	%	50	%
	3 year	100	%	83	%
	5 year	100	%	100	%
Asset weighted	1 year	82	%	54	%
	3 year	100	%	87	%
	5 year	100	%	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)

Third Quarter 2011

Annuities Segment

23

Ameriprise Financial, Inc.

Annuities Segment

Third Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr  Chg - 3Q					YTD  Chg - 3Q					Seq  Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			3 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Operating Income Statements
Revenues
Management and financial advice fees	$	139		$	150		$	155		$	161		$	152		$	396		$	468		$	13		9	%	$	72		18	%	$	(9	)	(6	)%
Distribution fees	65			73			76			80			80			211			236			15			23	%	25			12	%	—			—
Net investment income	327			329			323			308			344			980			975			17			5	%	(5		)	(1	)%	36			12	%
Premiums	43			34			34			49			44			116			127			1			2	%	11			9	%	(5		)	(10	)%
Other revenues	53			53			55			67			68			149			190			15			28	%	41			28	%	1			1	%
Total revenues	627			639			643			665			688			1,852			1,996			61			10	%	144			8	%	23			3	%
Banking and deposit interest expense	—			—			—			—			—			—			—			—			—		—			—		—			—
Operating total net revenues (1)	627			639			643			665			688			1,852			1,996			61			10	%	144			8	%	23			3	%
Expenses
Distribution expenses	70			67			76			81			83			201			240			13			19	%	39			19	%	2			2	%
Interest credited to fixed accounts	188			188			172			177			177			574			526			(11		)	(6	)%	(48		)	(8	)%	—			—
Benefits, claims, losses and settlement expenses	359			102			96			120			95			580			311			(264		)	(74	)%	(269		)	(46	)%	(25		)	(21	)%
Amortization of deferred acquisition costs	(296		)	58			73			82			198			(150		)	353			494				#	503				#	116				#
Interest and debt expense	2			—			—			—			1			2			1			(1		)	(50	)%	(1		)	(50	)%	1			—
General and administrative expense	47			53			52			56			52			152			160			5			11	%	8			5	%	(4		)	(7	)%
Operating expenses (1)	370			468			469			516			606			1,359			1,591			236			64	%	232			17	%	90			17	%
Pretax operating earnings (1)	$	257		$	171		$	174		$	149		$	82		$	493		$	405		$	(175	)	(68	)%	$	(88	)	(18	)%	$	(67	)	(45	)%
Pretax segment income	$	264		$	131		$	154		$	143		$	136		$	517		$	433		$	(128	)	(48	)%	$	(84	)	(16	)%	$	(7	)	(5	)%
Margins
Pretax segment margin	42.2		%	20.4		%	24.1		%	21.5		%	19.8		%	27.8		%	21.7		%	(22.4		)%			(6.1		)%			(1.7		)%
Pretax operating margin (1)	41.0		%	26.8		%	27.1		%	22.4		%	11.9		%	26.6		%	20.3		%	(29.1		)%			(6.3		)%			(10.5		)%
Return on Equity
Allocated equity	$	2,539		$	2,582		$	2,696		$	2,821		$	3,017		$	2,539		$	3,017		$	478		19	%	$	478		19	%	$	196		7	%
Return on allocated equity (1)(2)	21.4		%	20.0		%	20.6		%	19.8		%	15.7		%	21.4		%	15.7		%	(5.7		)%			(5.7		)%			(4.1		)%
Operating return on allocated equity (1)(3)	20.1		%	20.3		%	21.1		%	21.4		%	15.9		%	20.1		%	15.9		%	(4.2		)%			(4.2		)%			(5.5		)%
Market impact on variable annuity guaranteed living benefits (4)
FAS 157 valuation impact	$	(8	)	$	(45	)	$	(7	)	$	18		$	221		$	40		$	232		$	229			#	$	192			#	$	203			#
Other	16			2			(10		)	(25		)	(165		)	(22		)	(200		)	(181		)		#	(178		)		#	(140		)		#
Total VA guaranteed living benefit impact excluded from operating earnings	$	8		$	(43	)	$	(17	)	$	(7	)	$	56		$	18		$	32		$	48			#	$	14		78	%	$	63			#
Total annuity net flows	$	325		$	177		$	(144	)	$	(49	)	$	19		$	266		$	(174	)	$	(306	)	(94	)%	$	(440	)		#	$	68			#

(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

Third Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			3 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Product Information
Variable Annuities
Pretax operating earnings (1)	$	80		$	105		$	103		$	85		$	18		$	195		$	206		$	(62	)	(78	)%	$	11		6	%	$	(67	)	(79	)%
Allocated equity	$	1,133		$	1,261		$	1,274		$	1,409		$	1,624		$	1,133		$	1,624		$	491		43	%	$	491		43	%	$	215		15	%
Operating return on allocated equity (1)(2)	20.7		%	20.7		%	21.7		%	22.6		%	17.5		%	20.7		%	17.5		%	(3.2		)%			(3.2		)%			(5.1		)%
Fixed Annuities (3)
Pretax operating earnings (1)	$	177		$	66		$	71		$	64		$	64		$	298		$	199		$	(113	)	(64	)%	$	(99	)	(33	)%	$	—		—
Allocated equity	$	1,406		$	1,321		$	1,422		$	1,412		$	1,393		$	1,406		$	1,393		$	(13	)	(1	)%	$	(13	)	(1	)%	$	(19	)	(1	)%
Operating return on allocated equity (1)(2)	19.6		%	19.9		%	20.6		%	20.3		%	14.4		%	19.6		%	14.4		%	(5.2		)%			(5.2		)%			(5.9		)%
Variable Annuities Rollforward
Beginning balance	$	54,025		$	58,974		$	62,637		$	64,741		$	65,223		$	55,106		$	62,637		$	11,198		21	%	$	7,531		14	%	$	482		1	%
Deposits	1,730			1,865			1,604			1,688			1,554			4,322			4,846			(176		)	(10	)%	524			12	%	(134		)	(8	)%
Withdrawals and terminations	(1,246		)	(1,464		)	(1,500		)	(1,525		)	(1,375		)	(3,541		)	(4,400		)	(129		)	(10	)%	(859		)	(24	)%	150			10	%
Net flows	484			401			104			163			179			781			446			(305		)	(63	)%	(335		)	(43	)%	16			10	%
Investment performance and interest credited	4,465			3,262			2,000			319			(6,468		)	3,174			(4,149		)	(10,933		)		#	(7,323		)		#	(6,787		)		#
Other	—			—			—			—			—			(87		)	—			—			—		87				#	—			—
Total ending balance - contract accumulation values	$	58,974		$	62,637		$	64,741		$	65,223		$	58,934		$	58,974		$	58,934		$	(40	)	—		$	(40	)	—		$	(6,289	)	(10	)%
Variable annuities fixed sub-accounts	$	4,926		$	4,864		$	4,790		$	4,750		$	4,797		$	4,926		$	4,797		$	(129	)	(3	)%	$	(129	)	(3	)%	$	47		1	%
Fixed Annuities Rollforward
Beginning balance	$	14,547		$	14,527		$	14,441		$	14,324		$	14,242		$	14,623		$	14,441		$	(305	)	(2	)%	$	(182	)	(1	)%	$	(82	)	(1	)%
Deposits	140			96			95			121			132			433			348			(8		)	(6	)%	(85		)	(20	)%	11			9	%
Withdrawals and terminations	(299		)	(320		)	(343		)	(333		)	(292		)	(948		)	(968		)	7			2	%	(20		)	(2	)%	41			12	%
Net flows	(159		)	(224		)	(248		)	(212		)	(160		)	(515		)	(620		)	(1		)	(1	)%	(105		)	(20	)%	52			25	%
Policyholder interest credited	139			138			131			130			128			419			389			(11		)	(8	)%	(30		)	(7	)%	(2		)	(2	)%
Other	—			—			—			—			—			—			—			—			—		—			—		—			—
Total ending balance - contract accumulation values	$	14,527		$	14,441		$	14,324		$	14,242		$	14,210		$	14,527		$	14,210		$	(317	)	(2	)%	$	(317	)	(2	)%	$	(32	)	—
Capitalized interest	$	1		$	2		$	1		$	2		$	1		$	9		$	4		$	—		—		$	(5	)	(56	)%	$	(1	)	(50	)%
Payout Annuities Reserve Balance	$	2,111		$	2,111		$	2,109		$	2,128		$	2,135		$	2,111		$	2,135		$	24		1	%	$	24		1	%	$	7		—
Tax Equivalent Spread - Fixed Annuities (4)
Gross rate of return on invested assets (5)(6)	6.5		%	6.4		%	6.3		%	6.2		%	6.1		%	6.2		%	6.2		%	(0.4		)%			—					(0.1		)%
Crediting rate excluding capitalized interest	(3.8		)%	(3.8		)%	(3.7		)%	(3.7		)%	(3.7		)%	(3.8		)%	(3.7		)%	0.1		%			0.1		%			—
Tax equivalent margin spread	2.7		%	2.6		%	2.6		%	2.5		%	2.4		%	2.4		%	2.5		%	(0.3		)%			0.1		%			(0.1		)%
Total Variable Annuities DAC
Beginning balance	$	2,082		$	2,378		$	2,493		$	2,522		$	2,515		$	2,132		$	2,493		$	433		21	%	$	361		17	%	$	(7	)	—
Capitalization	92			97			76			75			69			222			220			(23		)	(25	)%	(2		)	(1	)%	(6		)	(8	)%
Amortization due to market impact on VA guaranteed living benefits	(10		)	29			10			—			(63		)	(45		)	(53		)	(53		)		#	(8		)	(18	)%	(63		)	—
Operating amortization per income statement	232			(43		)	(59		)	(68		)	(163		)	117			(290		)	(395		)		#	(407		)		#	(95		)		#
Other	(18		)	32			2			(14		)	(9		)	(48		)	(21		)	9			50	%	27			56	%	5			36	%
Total ending balance	$	2,378		$	2,493		$	2,522		$	2,515		$	2,349		$	2,378		$	2,349		$	(29	)	(1	)%	$	(29	)	(1	)%	$	(166	)	(7	)%
Total Fixed Annuities DAC
Beginning balance	$	198		$	229		$	272		$	265		$	238		$	301		$	272		$	40		20	%	$	(29	)	(10	)%	$	(27	)	(10	)%
Capitalization	4			4			2			4			3			17			9			(1		)	(25	)%	(8		)	(47	)%	(1		)	(25	)%
Amortization per income statement	64			(15		)	(14		)	(14		)	(35		)	33			(63		)	(99		)		#	(96		)		#	(21		)		#
Other	(37		)	54			5			(17		)	(13		)	(122		)	(25		)	24			65	%	97			80	%	4			24	%
Total ending balance	$	229		$	272		$	265		$	238		$	193		$	229		$	193		$	(36	)	(16	)%	$	(36	)	(16	)%	$	(45	)	(19	)%

(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 3rd and 4th quarters of 2010 and in the 1st, 2nd and 3rd 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 6.2%, 6.1%, 6.0%, 5.8% and 5.8% respectively.

(6)The Gross rate of return on invested assets for the 3rd quarter 2011 is shown net of an adjustment for additional bond discount amortization investment income related to prior periods resulting from revisions to the accounting classification of certain structured securities. Including the adjustment, the Gross rate of return on invested assets in the 3rd quarter 2011 is 7.1%.

# Variance of greater than 100%.

25

Statistical Supplement Package

(unaudited)

Third Quarter 2011

Protection Segment

26

Ameriprise Financial, Inc.

Protection Segment

Third Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			3 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Operating Income Statements
Revenues
Management and financial advice fees	$	13		$	15		$	14		$	15		$	13		$	39		$	42		$	—		—		$	3		8	%	$	(2	)	(13	)%
Distribution fees	24			24			23			23			24			72			70			—			—		(2		)	(3	)%	1			4	%
Net investment income	108			108			107			109			107			320			323			(1		)	(1	)%	3			1	%	(2		)	(2	)%
Premiums	264			266			262			267			271			781			800			7			3	%	19			2	%	4			1	%
Other revenues	91			112			110			108			87			310			305			(4		)	(4	)%	(5		)	(2	)%	(21		)	(19	)%
Total revenues	500			525			516			522			502			1,522			1,540			2			—		18			1	%	(20		)	(4	)%
Banking and deposit interest expense	—			1			—			—			—			—			—			—			—		—			—		—			—
Operating total net revenues (1)	500			524			516			522			502			1,522			1,540			2			—		18			1	%	(20		)	(4	)%
Expenses
Distribution expenses	8			7			6			10			9			25			25			1			13	%	—			—		(1		)	(10	)%
Interest credited to fixed accounts	39			35			35			35			36			112			106			(3		)	(8	)%	(6		)	(5	)%	1			3	%
Benefits, claims, losses and settlement expenses	295			291			259			279			281			768			819			(14		)	(5	)%	51			7	%	2			1	%
Amortization of deferred acquisition costs	35			51			49			50			52			132			151			17			49	%	19			14	%	2			4	%
Interest and debt expense	—			—			—			—			—			—			—			—			—		—			—		—			—
General and administrative expense	56			56			61			61			59			167			181			3			5	%	14			8	%	(2		)	(3	)%
Operating expenses (1)	433			440			410			435			437			1,204			1,282			4			1	%	78			6	%	2			—
Pretax operating earnings (1)	$	67		$	84		$	106		$	87		$	65		$	318		$	258		$	(2	)	(3	)%	$	(60	)	(19	)%	$	(22	)	(25	)%
Pretax segment income	$	67		$	83		$	107		$	90		$	64		$	320		$	261		$	(3	)	(4	)%	$	(59	)	(18	)%	$	(26	)	(29	)%
Margins
Pretax segment margin	13.4		%	15.9		%	20.7		%	17.1		%	12.8		%	21.0		%	16.9		%	(0.6		)%			(4.1		)%			(4.3		)%
Pretax operating margin (1)	13.4		%	16.0		%	20.5		%	16.7		%	12.9		%	20.9		%	16.8		%	(0.5		)%			(4.1		)%			(3.8		)%
Return on Equity
Allocated equity	$	2,668		$	2,596		$	2,594		$	2,555		$	2,338		$	2,668		$	2,338		$	(330	)	(12	)%	$	(330	)	(12	)%	$	(217	)	(8	)%
Return on allocated equity (1)(2)	13.6		%	11.9		%	11.5		%	10.0		%	10.3		%	13.6		%	10.3		%	(3.3		)%			(3.3		)%			0.3		%
Operating return on allocated equity (1)(3)	13.1		%	11.8		%	11.4		%	9.8		%	10.1		%	13.1		%	10.1		%	(3.0		)%			(3.0		)%			0.3		%
Product Information
Long Term Care
Pretax operating earnings (1)	$	6		$	10		$	9		$	8		$	10		$	26		$	27		$	4		67	%	$	1		4	%	$	2		25	%
Allocated equity	$	651		$	648		$	648		$	657		$	441		$	651		$	441		$	(210	)	(32	)%	$	(210	)	(32	)%	$	(216	)	(33	)%
Operating return on allocated equity (1)(3)	4.7		%	4.3		%	3.7		%	3.8		%	4.6		%	4.7		%	4.6		%	(0.1		)%			(0.1		)%			0.8		%
Protection excluding Long Term Care
Pretax operating earnings (1)	$	61		$	74		$	97		$	79		$	55		$	292		$	231		$	(6	)	(10	)%	$	(61	)	(21	)%	$	(24	)	(30	)%
Allocated equity	$	2,017		$	1,948		$	1,946		$	1,898		$	1,897		$	2,017		$	1,897		$	(120	)	(6	)%	$	(120	)	(6	)%	$	(1	)	—
Operating return on allocated equity (1)(3)	15.7		%	14.2		%	13.9		%	11.8		%	11.9		%	15.7		%	11.9		%	(3.8		)%			(3.8		)%			0.1		%

(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

Third Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			3 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Cash Sales
VUL / UL (1)	$	54		$	54		$	37		$	48		$	46		$	167		$	131		$	(8	)	(15	)%	$	(36	)	(22	)%	$	(2	)	(4	)%
Term and whole life	4			3			3			2			3			10			8			(1		)	(25	)%	(2		)	(20	)%	1			50	%
Disability insurance	2			1			1			2			2			5			5			—			—		—			—		—			—
Auto and home	188			174			185			186			199			542			570			11			6	%	28			5	%	13			7	%
Total cash sales	$	248		$	232		$	226		$	238		$	250		$	724		$	714		$	2		1	%	$	(10	)	(1	)%	$	12		5	%
VUL / UL Policyholder Account Balances
Beginning balance	$	8,560		$	9,079		$	9,492		$	9,698		$	9,694		$	8,803		$	9,492		$	1,134		13	%	$	689		8	%	$	(4	)	—
Premiums and deposits	226			241			225			225			221			695			671			(5		)	(2	)%	(24		)	(3	)%	(4		)	(2	)%
Investment performance and interest	570			457			269			43			(784		)	404			(472		)	(1,354		)		#	(876		)		#	(827		)		#
Withdrawals and surrenders	(277		)	(286		)	(288		)	(272		)	(270		)	(823		)	(830		)	7			3	%	(7		)	(1	)%	2			1	%
Other	—			1			—			—			1			—			1			1			—		1			—		1			—
Total ending balance	$	9,079		$	9,492		$	9,698		$	9,694		$	8,862		$	9,079		$	8,862		$	(217	)	(2	)%	$	(217	)	(2	)%	$	(832	)	(9	)%
Premiums by Product
Term and whole life	$	13		$	13		$	13		$	14		$	13		$	41		$	40		$	—		—		$	(1	)	(2	)%	$	(1	)	(7	)%
Disability insurance	42			40			40			41			41			125			122			(1		)	(2	)%	(3		)	(2	)%	—			—
Long term care	30			31			29			29			29			89			87			(1		)	(3	)%	(2		)	(2	)%	—			—
Auto and home	175			177			175			180			184			513			539			9			5	%	26			5	%	4			2	%
Intercompany premiums	4			5			5			3			4			13			12			—			—		(1		)	(8	)%	1			33	%
Total premiums by product	$	264		$	266		$	262		$	267		$	271		$	781		$	800		$	7		3	%	$	19		2	%	$	4		1	%
Auto and Home Insurance
Policy count (thousands)	639			650			664			677			687			639			687			48			8	%	48			8	%	10			1	%
Loss ratio	80.1		%	96.5		%	85.6		%	90.9		%	94.5		%	80.5		%	90.4		%	14.4		%			9.9		%			3.6		%
Expense ratio	15.7		%	16.3		%	15.4		%	15.3		%	15.5		%	15.2		%	15.4		%	(0.2		)%			0.2		%			0.2		%
Combined ratio	95.8		%	112.8		%	101.0		%	106.2		%	110.0		%	95.7		%	105.8		%	14.2		%			10.1		%			3.8		%
DAC Rollforward
Life and Health
Beginning balance	$	1,798		$	1,787		$	1,813		$	1,811		$	1,791		$	1,852		$	1,813		$	(7	)	—		$	(39	)	(2	)%	$	(20	)	(1	)%
Capitalization	29			32			27			28			29			87			84			—			—		(3		)	(3	)%	1			4	%
Amortization per income statement	(21		)	(36		)	(34		)	(35		)	(38		)	(93		)	(107		)	(17		)	(81	)%	(14		)	(15	)%	(3		)	(9	)%
Other	(19		)	30			5			(13		)	(36		)	(59		)	(44		)	(17		)	(89	)%	15			25	%	(23		)		#
Total ending balance	$	1,787		$	1,813		$	1,811		$	1,791		$	1,746		$	1,787		$	1,746		$	(41	)	(2	)%	$	(41	)	(2	)%	$	(45	)	(3	)%
Life Insurance in Force	$	192,102		$	191,819		$	191,657		$	191,823		$	191,429		$	192,102		$	191,429		$	(673	)	—		$	(673	)	—		$	(394	)	—
Net Amount at Risk	$	49,713		$	48,335		$	47,583		$	46,883		$	46,758		$	49,713		$	46,758		$	(2,955	)	(6	)%	$	(2,955	)	(6	)%	$	(125	)	—
Net Policyholder Reserves
VUL / UL	$	8,102		$	8,517		$	8,737		$	8,744		$	7,928		$	8,102		$	7,928		$	(174	)	(2	)%	$	(174	)	(2	)%	$	(816	)	(9	)%
Term and whole life	235			235			234			235			236			235			236			1			—		1			—		1			—
Disability insurance	498			504			511			517			519			498			519			21			4	%	21			4	%	2			—
Long term care and other	2,489			2,514			2,524			2,538			2,548			2,489			2,548			59			2	%	59			2	%	10			—
Auto and home loss and LAE reserves	317			328			328			338			350			317			350			33			10	%	33			10	%	12			4	%
Total net policyholder reserves	$	11,641		$	12,098		$	12,334		$	12,372		$	11,581		$	11,641		$	11,581		$	(60	)	(1	)%	$	(60	)	(1	)%	$	(791	)	(6	)%

(1)Includes lump sum deposits.

# Variance of greater than 100%.

28

Statistical Supplement Package

(unaudited)

Third Quarter 2011

Corporate & Other Segment

29

Ameriprise Financial, Inc.

Corporate & Other Segment

Third Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			3 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Operating Income Statements
Revenues
Management and financial advice fees	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		—		$	—		—		$	—		—
Distribution fees	—			—			—			—			—			—			—			—			—		—			—		—			—
Net investment income	—			(7		)	(7		)	(6		)	(7		)	(14		)	(20		)	(7		)	—		(6		)	(43	)%	(1		)	(17	)%
Premiums	—			—			—			—			—			—			—			—			—		—			—		—			—
Other revenues	4			1			1			28			—			27			29			(4		)		#	2			7	%	(28		)		#
Total revenues	4			(6		)	(6		)	22			(7		)	13			9			(11		)		#	(4		)	(31	)%	(29		)		#
Banking and deposit interest expense	—			—			—			—			—			3			—			—			—		(3		)		#	—			—
Operating total net revenues (1)	4			(6		)	(6		)	22			(7		)	10			9			(11		)		#	(1		)	(10	)%	(29		)		#
Expenses
Distribution expenses	—			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	27			27			25			24			23			80			72			(4		)	(15	)%	(8		)	(10	)%	(1		)	(4	)%
General and administrative expense	24			34			34			38			30			86			102			6			25	%	16			19	%	(8		)	(21	)%
Operating expenses (1)	51			62			59			63			53			166			175			2			4	%	9			5	%	(10		)	(16	)%
Pretax operating (loss) (1)	$	(47	)	$	(68	)	$	(65	)	$	(41	)	$	(60	)	$	(156	)	$	(166	)	$	(13	)	(28	)%	$	(10	)	(6	)%	$	(19	)	(46	)%
Pretax segment income (loss)	$	(77	)	$	(83	)	$	(81	)	$	(67	)	$	(164	)	$	32		$	(312	)	$	(87	)		#	$	(344	)		#	$	(97	)		#
Pretax segment (loss) attributable to Ameriprise Financial	$	(45	)	$	(57	)	$	(63	)	$	(39	)	$	(59	)	$	(157	)	$	(161	)	$	(14	)	(31	)%	$	(4	)	(3	)%	$	(20	)	(51	)%

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

# Variance of greater than 100%.

30

Ameriprise Financial, Inc.

Eliminations (1)

Third Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			3 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Operating Income Statements
Revenues
Management and financial advice fees	$	(31	)	$	(33	)	$	(28	)	$	(29	)	$	(29	)	$	(94	)	$	(86	)	$	2		6	%	$	8		9	%	$	—		—
Distribution fees	(272		)	(274		)	(278		)	(294		)	(284		)	(713		)	(856		)	(12		)	(4	)%	(143		)	(20	)%	10			3	%
Net investment income	—			(1		)	—			—			(1		)	—			(1		)	(1		)	—		(1		)	—		(1		)	—
Premiums	(4		)	(5		)	(4		)	(4		)	(4		)	(13		)	(12		)	—			—		1			8	%	—			—
Other revenues	—			—			—			—			—			—			—			—			—		—			—		—			—
Total revenues	(307		)	(313		)	(310		)	(327		)	(318		)	(820		)	(955		)	(11		)	(4	)%	(135		)	(16	)%	9			3	%
Banking and deposit interest expense	—			(1		)	(1		)	—			(1		)	(1		)	(2		)	(1		)	—		(1		)		#	(1		)	—
Operating total net revenues (2)	(307		)	(312		)	(309		)	(327		)	(317		)	(819		)	(953		)	(10		)	(3	)%	(134		)	(16	)%	10			3	%
Expenses
Distribution expenses	(252		)	(256		)	(262		)	(283		)	(273		)	(668		)	(818		)	(21		)	(8	)%	(150		)	(22	)%	10			4	%
Interest credited to fixed accounts	—			—			—			—			—			—			—			—			—		—			—		—			—
Benefits, claims, losses and settlement expenses	—			—			—			—			—			—			—			—			—		—			—		—			—
Amortization of deferred acquisition costs	—			—			—			—			—			—			—			—			—		—			—		—			—
Interest and debt expense	—			—			—			—			—			—			—			—			—		—			—		—			—
General and administrative expense	(55		)	(56		)	(47		)	(44		)	(44		)	(151		)	(135		)	11			20	%	16			11	%	—			—
Operating expenses (2)	(307		)	(312		)	(309		)	(327		)	(317		)	(819		)	(953		)	(10		)	(3	)%	(134		)	(16	)%	10			3	%
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)

Third Quarter 2011

Balance Sheet and Ratings Information

32

Ameriprise Financial, Inc.

Consolidated Balance Sheets

Third Quarter 2011

(in millions, unaudited)	September 30, 2010			December 31, 2010			March 31, 2011			June 30, 2011			September 30, 2011
Assets
Ameriprise Financial
Cash and cash equivalents	$	3,663		$	2,838		$	2,437		$	2,528		$	2,664
Investments	37,975			37,053			37,457			37,947			38,590
Separate account assets	64,014			68,330			70,260			70,763			63,237
Receivables (1)	4,556			4,849			5,036			5,239			5,313
Deferred acquisition costs	4,437			4,619			4,638			4,582			4,324
Restricted and segregated cash	1,447			1,516			1,472			1,478			1,378
Other assets (1)	6,028			4,965			5,106			5,341			7,898
Assets held for sale	167			173			166			162			165
Total Ameriprise Financial assets	122,287			124,343			126,572			128,040			123,569
Consolidated Investment Entities
Cash and cash equivalents	403			472			906			479			429
Investments	5,375			5,444			5,363			5,416			5,160
Receivables	77			60			84			96			51
Other assets	885			895			920			1,107			1,171
Total Consolidated Investment Entities assets	6,740			6,871			7,273			7,098			6,811
Total Assets	$	129,027		$	131,214		$	133,845		$	135,138		$	130,380
Liabilities
Ameriprise Financial
Future policy benefits and claims	$	31,124		$	30,208		$	29,817		$	30,002		$	31,644
Separate account liabilities	64,014			68,330			70,260			70,763			63,237
Customer deposits	8,492			8,779			8,911			9,430			9,624
Short-term borrowings	869			397			497			505			504
Long-term debt	2,735			2,317			2,298			2,332			2,404
Accounts payable and accrued expenses	1,025			1,112			861			1,045			1,005
Other liabilities	3,638			2,983			3,729			3,724			5,199
Liabilities held for sale	62			79			190			190			60
Total Ameriprise Financial liabilities	111,959			114,205			116,563			117,991			113,677
Consolidated Investment Entities
Debt	5,456			5,535			5,712			5,702			5,529
Accounts payable and accrued expenses	26			22			22			27			25
Other liabilities	82			167			359			190			162
Total Consolidated Investment Entities liabilities	5,564			5,724			6,093			5,919			5,716
Total Liabilities	117,523			119,929			122,656			123,910			119,393
Shareholders’ Equity
Ameriprise Financial
Common shares ($.01 par)	3			3			3			3			3
Additional paid-in capital	5,917			6,029			6,043			6,108			6,182
Retained earnings	5,955			6,190			6,385			6,629			6,842
Appropriated retained earnings of consolidated investment entities	590			558			530			494			380
Treasury stock	(2,412		)	(2,620		)	(2,952		)	(3,319		)	(3,772		)
Accumulated other comprehensive income, net of tax	897			565			542			633			636
Total Ameriprise Financial shareholders’ equity	10,950			10,725			10,551			10,548			10,271
Noncontrolling interests	554			560			638			680			716
Total Equity	11,504			11,285			11,189			11,228			10,987
Total Liabilities and Shareholders’ Equity	$	129,027		$	131,214		$	133,845		$	135,138		$	130,380

(1) Reclassed receivable from Other Assets to Receivables for June 30, 2011.

33

Ameriprise Financial, Inc.

Capital and Ratings Information

Third Quarter 2011

(in millions unless otherwise noted, unaudited)	September 30, 2010			December 31, 2010			March 31, 2011			June 30, 2011			September 30, 2011
Long-term Debt Summary
Senior notes	$	2,407		$	2,003		$	1,990		$	2,024		$	2,098
Junior subordinated notes	322			308			308			308			306
Non-recourse debt for inverse floaters	6			6			—			—			—
Total Ameriprise Financial long-term debt	2,735			2,317			2,298			2,332			2,404
Non-recourse debt of consolidated investment entities	5,456			5,535			5,712			5,702			5,529
Total long-term debt	$	8,191		$	7,852		$	8,010		$	8,034		$	7,933
Total Ameriprise Financial long-term debt	$	2,735		$	2,317		$	2,298		$	2,332		$	2,404
Total non-recourse debt for inverse floaters	(6		)	(6		)	—			—			—
Fair value of hedges and unamortized discount	(117		)	(53		)	(40		)	(74		)	(148		)
Total Ameriprise Financial long-term debt excluding non-recourse debt for inverse floaters, fair value of hedges and unamortized discount (1)	$	2,612		$	2,258		$	2,258		$	2,258		$	2,256
Total equity (3)	$	11,504		$	11,285		$	11,189		$	11,228		$	10,987
Noncontrolling interests	(554		)	(560		)	(638		)	(680		)	(716		)
Total Ameriprise Financial shareholders’ equity	10,950			10,725			10,551			10,548			10,271
Assets and liabilities held for sale	(105		)	(94		)	24			28			(105		)
Equity of consolidated investment entities	(561		)	(529		)	(501		)	(464		)	(347		)
Total Ameriprise Financial shareholders’ equity from continuing operations excluding CIEs (1)	$	10,284		$	10,102		$	10,074		$	10,112		$	9,819
Total Ameriprise Financial capital	$	13,685		$	13,042		$	12,849		$	12,880		$	12,675
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)	$	12,896		$	12,360		$	12,332		$	12,370		$	12,075
Debt to capital
Total Ameriprise Financial long-term debt to total Ameriprise Financial capital	20.0		%	17.8		%	17.9		%	18.1		%	19.0		%
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)	20.3		%	18.3		%	18.3		%	18.3		%	18.7		%

Ratings (as of September 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)

Third Quarter 2011

(in millions unless otherwise noted, unaudited)	September 30, 2010			December 31, 2010			March 31, 2011			June 30, 2011			September 30, 2011
Cash and cash equivalents	$	3,663		$	2,838		$	2,437		$	2,528		$	2,664
Investments - Ending Balances
Available-for-Sale Securities
Corporate debt securities	17,093			16,606			16,676			16,634			17,343
Residential mortgage backed securities	7,481			7,258			7,562			7,712			7,433
Commercial mortgage backed securities	4,969			4,868			4,702			4,735			4,885
Asset backed securities	2,009			2,020			2,015			2,063			2,034
Total mortgage and other asset backed securities	14,459			14,146			14,279			14,510			14,352
Other structured investments	—			—			—			—			—
State and municipal obligations	1,695			1,582			1,836			1,957			2,083
US government and agencies obligations	147			143			93			94			73
Foreign government bonds and obligations	112			108			108			124			127
Common and preferred stocks	54			10			10			10			8
Other AFS (2)	26			24			28			19			26
Total other	2,034			1,867			2,075			2,204			2,317
Total available-for-sale securities	33,586			32,619			33,030			33,348			34,012
Commercial mortgage loans	2,670			2,615			2,582			2,560			2,555
Allowance for loan losses	(39		)	(38		)	(36		)	(36		)	(35		)
Commercial mortgage loans, net	2,631			2,577			2,546			2,524			2,520
Policy loans	732			733			731			736			741
Trading securities (2)	566			565			578			644			567
Other investments	460			559			572			695			750
Total investments	37,975			37,053			37,457			37,947			38,590
Total cash, cash equivalents and investments	$	41,638		$	39,891		$	39,894		$	40,475		$	41,254
Net unrealized gain Available-for-Sale Securities	$	2,272		$	1,486		$	1,391		$	1,673		$	2,006
AFS Fixed Maturity Asset Quality - %
AAA	39		%	39		%	39		%	39		%	37		%
AA	6		%	6		%	6		%	6		%	6		%
AFS securities AA and above	45		%	45		%	45		%	45		%	43		%
A	15		%	14		%	14		%	15		%	16		%
BBB	35		%	35		%	36		%	35		%	36		%
Below investment grade	5		%	6		%	5		%	5		%	5		%
Total AFS fixed maturity asset quality - %	100		%	100		%	100		%	100		%	100		%
Fair Value of Below Investment Grade Investments as a % of Total Cash and Investments	5		%	5		%	5		%	5		%	5		%

(1) Investments excluding investments of CIEs.

(2) Reclassed a security from AFS to Trading for June 30, 2011.

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 (Columbia) 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.

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 and personal trust 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, client assets of CIEs, and bank deposits. 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)

Third Quarter 2011

Disclosed Items

39

Ameriprise Financial, Inc.

Disclosed Items

3 Qtr 2011

Excluded from Operating Earnings

	Advice & Wealth Management			Asset Management					Annuities						Protection			Corporate
												Market Impact on
	Securities			Securities		Integration			Securities			VA Guaranteed			Securities			Securities
(in millions, unaudited)	Gains/(Losses) (1)			Gains/(Losses) (1)		Charges (2)			Gains/(Losses) (1)			Living Benefits (3)(9)			Gains/(Losses) (1)			Gains/(Losses) (1)		CIEs (4)
Revenues
Management and financial advice fees	$	—		$	—	$	—		$	—		$	—		$	—		$	—	$	—
Distribution fees	—			—		—			—			—			—			—		—
Net investment income	(2		)	2		—			(2		)	—			(1		)	1		(65		)
Premiums	—			—		—			—			—			—			—		—
Other revenues	—			—		—			—			—			—			—		22
Total revenues	(2		)	2		—			(2		)	—			(1		)	1		(43		)
Banking and deposit interest expense	—			—		—			—			—			—			—		—
Total net revenues	(2		)	2		—			(2		)	—			(1		)	1		(43		)
Expenses
Distribution expenses	—			—		—			—			—			—			—		—
Interest credited to fixed accounts	—			—		—			—			—			—			—		—
Benefits, claims, losses and settlement expenses	—			—		—			—			(119		)	—			—		—
Amortization of deferred acquisition costs	—			—		—			—			63			—			—		—
Interest and debt expense	—			—		—			—			—			—			—		47
General and administrative expense	—			—		24			—			—			—			—		15
Total expenses	—			—		24			—			(56		)	—			—		62
Pretax segment income (loss)	(2		)	2		(24		)	(2		)	56			(1		)	1		(105		)
Less: Net income (loss) attributable to noncontrolling interest	—			—		—			—			—			—			—		(105		)
Pretax segment gain (loss) attributable to Ameriprise Financial	$	(2	)	$	2	$	(24	)	$	(2	)	$	56		$	(1	)	$	1	$	—

Included in Operating Earnings

	Advice & Wealth Management		Asset Management			Annuities								Protection
								Market			Valuation			Market			Valuation			Auto & Home
	Structured Securities		Threadneedle			Structured Securities		Impacts			Assumptions &			Impacts			Assumptions &			Catastrophe
(in millions, unaudited)	Investment Income (5)		Project Costs (6)			Investment Income (5)		to DAC/DSIC (7)			Model Changes (8)(9)			to DAC/DSIC (7)			Model Changes (8)			Losses (10)
Revenues
Management and financial advice fees	$	—	$	—		$	—	$	—		$	—		$	—		$	—		$	—
Distribution fees	—		—			—		—			—			—			—			—
Net investment income	6		—			37		—			—			—			—			—
Premiums	—		—			—		—			—			—			—			—
Other revenues	—		—			—		—			—			—			(20		)	—
Total revenues	6		—			37		—			—			—			(20		)	—
Banking and deposit interest expense	—		—			—		—			—			—			—			—
Total net revenues	6		—			37		—			—			—			(20		)	—
Expenses
Distribution expenses	—		—			—		—			—			—			—			—
Interest credited to fixed accounts	—		—			—		—			—			—			—			—
Benefits, claims, losses and settlement expenses	—		—			1		9			(40		)	—			(4		)	23
Amortization of deferred acquisition costs	—		—			3		49			65			7			(2		)	—
Interest and debt expense	—		—			—		—			—			—			—			—
General and administrative expense	—		10			—		—			—			—			—			—
Total expenses	—		10			4		58			25			7			(6		)	23
Pretax segment income (loss)	6		(10		)	33		(58		)	(25		)	(7		)	(14		)	(23		)
Less: Net income (loss) attributable to noncontrolling interest	—		—			—		—			—			—			—			—
Pretax segment gain (loss) attributable to Ameriprise Financial	$	6	$	(10	)	$	33	$	(58	)	$	(25	)	$	(7	)	$	(14	)	$	(23	)

(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:

$130 million net benefit related to hedged variable annuity living benefits

$74 million increase in DAC and DSIC amortization resulting from hedged living benefits

(4)Reflects revenues and expenses of Consolidated Investment Entities

(5)   Adjustment for additional bond discount amortization investment income related to prior periods resulting from revisions to the accounting classification of certain structured securities

(6)Threadneedle project implementation costs primarily related to a new transfer agency agreement

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

(8)Net pretax impact of annual review/updating of valuation assumptions and model changes

(9)$2 million expense attributable to annual review/updating of valuation assumptions and model changes is excluded from operating earnings and disclosed as part of the Market Impact on VA Guaranteed Living Benefits

(10)Catastrophe losses related to storms

40

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

41

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

42

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

43

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

44

Exhibit B

Statistical Supplement Package

(unaudited)

Third Quarter 2011

Reconciliation of GAAP Metrics to Operating Metrics

45

Ameriprise Financial, Inc.

Reconciliation of GAAP Segment Income Statements to Segment Operating Income Statements

Third Quarter 2011

																Year-to-Date
(in millions unless otherwise noted, unaudited)	3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			3 Qtr 2011			2010			2011
Advice & Wealth Management Segment
Pretax operating earnings	$	89		$	96		$	99		$	108		$	116		$	226		$	323
Reconciling items:
Net investment income
Realized gains (losses)	—			1			1			—			(2		)	—			(1		)
General and administrative expense
Integration and restructuring charges	(1		)	—			—			—			—			(7		)	—
Total reconciling items, before income taxes	(1		)	1			1			—			(2		)	(7		)	(1		)
Pretax segment income	$	88		$	97		$	100		$	108		$	114		$	219		$	322
Asset Management Segment
Pretax operating earnings	$	121		$	163		$	136		$	146		$	119		$	247		$	401
Reconciling items:
Net investment income
Realized gains (losses)	1			1			—			—			2			2			2
General and administrative expense
Integration and restructuring charges	(18		)	(24		)	(29		)	(21		)	(24		)	(71		)	(74		)
Total reconciling items, before income taxes	(17		)	(23		)	(29		)	(21		)	(22		)	(69		)	(72		)
Pretax segment income	$	104		$	140		$	107		$	125		$	97		$	178		$	329
Annuities Segment
Pretax operating earnings	$	257		$	171		$	174		$	149		$	82		$	493		$	405
Reconciling items:
Net investment income
Realized gains (losses)	(1		)	3			(3		)	1			(2		)	6			(4		)
Benefits, claims, losses and settlement expenses
Market impact on VA guaranteed living benefits	18			(72		)	(27		)	(7		)	119			63			85
Amortization of deferred acquisition costs
Market impact on VA guaranteed living benefits	(10		)	29			10			—			(63		)	(45		)	(53		)
Total reconciling items, before income taxes	7			(40		)	(20		)	(6		)	54			24			28
Pretax segment income	$	264		$	131		$	154		$	143		$	136		$	517		$	433
Protection Segment
Pretax operating earnings	$	67		$	84		$	106		$	87		$	65		$	318		$	258
Reconciling items:
Net investment income
Realized gains (losses)	—			(1		)	1			3			(1		)	2			3
Total reconciling items, before income taxes	—			(1		)	1			3			(1		)	2			3
Pretax segment income	$	67		$	83		$	107		$	90		$	64		$	320		$	261

46

Ameriprise Financial, Inc.

Reconciliation of GAAP Segment Income Statements to Segment Operating Income Statements

Third Quarter 2011

																Year-to-Date
(in millions unless otherwise noted, unaudited)	3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			3 Qtr 2011			2010			2011
Corporate Segment
Pretax operating loss	$	(47	)	$	(68	)	$	(65	)	$	(41	)	$	(60	)	$	(156	)	$	(166	)
Reconciling items:
Net investment income
Net investment income attributable to the CIEs	17			24			27			17			(65		)	251			(21		)
Realized gains (losses)	2			15			2			2			1			4			5
Other revenues
Other revenues attributable to the CIEs	9			13			20			18			22			112			60
Interest and debt expense
Interest and debt expense attributable to the CIEs	(45		)	(51		)	(50		)	(51		)	(47		)	(130		)	(148		)
General and administrative expense
Integration and restructuring charges	—			(4		)	—			—			—			(5		)	—
General and administrative expense attributable to the CIEs	(13		)	(12		)	(15		)	(12		)	(15		)	(44		)	(42		)
Total reconciling items, before income taxes	(30		)	(15		)	(16		)	(26		)	(104		)	188			(146		)
Pretax segment income (loss)	$	(77	)	$	(83	)	$	(81	)	$	(67	)	$	(164	)	$	32		$	(312	)
Eliminations
Pretax operating earnings	$	—		$	—		$	—		$	—		$	—		$	—		$	—
Reconciling items:
Management and financial advice fees
Management fees earned by the Company from the CIEs	(9		)	(10		)	(10		)	(10		)	(9		)	(28		)	(29		)
General and administrative expense
General and administrative expense attributable to the CIEs	9			10			10			10			9			28			29
Total reconciling items, before income taxes	—			—			—			—			—			—			—
Pretax segment income	$	—		$	—		$	—		$	—		$	—		$	—		$	—

47

Ameriprise Financial, Inc.

Reconciliation of GAAP Metrics to Operating Metrics

Third Quarter 2011

																Year-to-Date
(in millions unless otherwise noted, unaudited)	3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2 Qtr 2011			3 Qtr 2011			2010			2011
Total net revenues	$	2,334		$	2,558		$	2,532		$	2,623		$	2,455		$	6,954		$	7,610
Less CIEs	17			27			37			25			(52		)	335			10
Plus Realized (gains) losses	(2		)	(19		)	(1		)	(6		)	2			(14		)	(5		)
Operating total net revenues	$	2,315		$	2,512		$	2,494		$	2,592		$	2,509		$	6,605		$	7,595
Pretax income (2)	$	446		$	368		$	387		$	399		$	247		$	1,266		$	1,033
Less CIEs	(32		)	(26		)	(18		)	(28		)	(105		)	189			(151		)
Pretax earnings excluding CIEs	478			394			405			427			352			1,077			1,184
Less income tax provision	132			88			93			114			81			262			288
Plus income (loss) from discontinued operations, net of tax	(2		)	(26		)	(71		)	(4		)	2			2			(73		)
Net income attributable to Ameriprise Financial	344			280			241			309			273			817			823
Integration/restructuring charges net of tax (1)	12			20			19			14			15			53			48
Market impact on variable annuity guaranteed living benefits net of tax (1)	(5		)	27			11			5			(37		)	(11		)	(21		)
Realized (gains) losses net of tax (1)	(1		)	(13		)	(1		)	(4		)	2			(9		)	(3		)
Less income (loss) from discontinued operations, net of tax	(2		)	(26		)	(71		)	(4		)	2			2			(73		)
Operating earnings	$	352		$	340		$	341		$	328		$	251		$	848		$	920
Pretax income (2)	$	446		$	368		$	387		$	399		$	247		$	1,266		$	1,033
Less CIEs	(32		)	(26		)	(18		)	(28		)	(105		)	189			(151		)
Pretax earnings excluding CIEs	478			394			405			427			352			1,077			1,184
Integration/restructuring charges	19			28			29			21			24			83			74
Market impact on variable annuity guaranteed living benefits	(8		)	43			17			7			(56		)	(18		)	(32		)
Realized (gains) losses	(2		)	(19		)	(1		)	(6		)	2			(14		)	(5		)
Pretax operating earnings	$	487		$	446		$	450		$	449		$	322		$	1,128		$	1,221
Margin	14.7		%	10.9		%	9.5		%	11.8		%	11.1		%	11.7		%	10.8		%
Pretax operating margin	21.0		%	17.8		%	18.0		%	17.3		%	12.8		%	17.1		%	16.1		%
Operating margin	15.2		%	13.5		%	13.7		%	12.7		%	10.0		%	12.8		%	12.1		%
Weighted average common shares outstanding
Basic	255.3			252.7			251.6			245.5			238.0			259.0			245.0
Diluted	259.9			258.9			257.7			251.0			242.0			263.4			250.2
Basic earnings per share	$	1.36		$	1.21		$	1.24		$	1.28		$	1.14		$	3.14		$	3.66
Earnings per diluted share	$	1.33		$	1.18		$	1.21		$	1.25		$	1.12		$	3.09		$	3.58
Basic operating earnings per share	$	1.38		$	1.35		$	1.36		$	1.34		$	1.05		$	3.27		$	3.76
Operating earnings per diluted share	$	1.35		$	1.31		$	1.32		$	1.31		$	1.04		$	3.22		$	3.68

(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

Third Quarter 2011

(in millions unless otherwise noted, unaudited)	September 30, 2010			December 31, 2010			March 31, 2011			June 30, 2011			September 30, 2011
Long-term Debt Summary
Senior notes	$	2,407		$	2,003		$	1,990		$	2,024		$	2,098
Junior subordinated notes	322			308			308			308			306
Non-recourse debt for inverse floaters	6			6			—			—			—
Total Ameriprise Financial long-term debt	2,735			2,317			2,298			2,332			2,404
Less non-recourse debt for inverse floaters	6			6			—			—			—
Less fair value of hedges and unamortized discount	117			53			40			74			148
Total Ameriprise Financial long-term debt excluding non-recourse debt for inverse floaters, fair value of hedges and unamortized discount	$	2,612		$	2,258		$	2,258		$	2,258		$	2,256
Total equity	$	11,504		$	11,285		$	11,189		$	11,228		$	10,987
Less noncontrolling interests	554			560			638			680			716
Total Ameriprise Financial shareholders’ equity	10,950			10,725			10,551			10,548			10,271
Less equity of consolidated investment entities	561			529			501			464			347
Less assets and liabilities held for sale	105			94			(24		)	(28		)	105
Total Ameriprise Financial shareholders’ equity from continuing operations excluding CIEs	$	10,284		$	10,102		$	10,074		$	10,112		$	9,819
Total Ameriprise Financial long-term debt	$	2,735		$	2,317		$	2,298		$	2,332		$	2,404
Total Ameriprise Financial shareholders’ equity	10,950			10,725			10,551			10,548			10,271
Total Ameriprise Financial capital	13,685			13,042			12,849			12,880			12,675
Less non-recourse debt for inverse floaters	6			6			—			—			—
Less equity of consolidated investment entities	561			529			501			464			347
Less assets and liabilities held for sale	105			94			(24		)	(28		)	105
Less fair value of hedges and unamortized discount	117			53			40			74			148
Total Ameriprise Financial capital from continuing operations excluding fair value of hedges, unamortized discount, non-recourse debt for inverse floaters, and equity of CIEs	$	12,896		$	12,360		$	12,332		$	12,370		$	12,075
Total Ameriprise Financial long-term debt to total Ameriprise Financial capital	20.0		%	17.8		%	17.9		%	18.1		%	19.0		%
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	20.3		%	18.3		%	18.3		%	18.3		%	18.7		%
Ameriprise Financial shareholders’ equity	$	10,950		$	10,725		$	10,551		$	10,548		$	10,271
AOCI	897			565			542			633			636
Appropriated retained earnings of CIEs	590			558			530			494			380
AOCI attributable to CIEs	29			29			29			30			33
Assets and liabilities held for sale	105			94			(24		)	(28		)	105
Ameriprise Financial shareholders’ equity	$	10,950		$	10,725		$	10,551		$	10,548		$	10,271
Less assets and liabilities held for sale	105			94			(24		)	(28		)	105
Less AOCI	897			565			542			633			636
Ameriprise Financial shareholders’ equity from continuing operations excluding AOCI	$	9,948		$	10,066		$	10,033		$	9,943		$	9,530
Ameriprise Financial shareholders’ equity	$	10,950		$	10,725		$	10,551		$	10,548		$	10,271
Less assets and liabilities held for sale	105			94			(24		)	(28		)	105
Less appropriated retained earnings of CIEs	590			558			530			494			380
Plus AOCI attributable to CIEs	29			29			29			30			33
Ameriprise Financial shareholders’ equity from continuing operations excluding CIEs	$	10,284		$	10,102		$	10,074		$	10,112		$	9,819
Ameriprise Financial shareholders’ equity	$	10,950		$	10,725		$	10,551		$	10,548		$	10,271
Less assets and liabilities held for sale	105			94			(24		)	(28		)	105
Less appropriated retained earnings of CIEs	590			558			530			494			380
Less AOCI	897			565			542			633			636
Ameriprise Financial shareholders’ equity from continuing operations excluding CIEs and AOCI	$	9,358		$	9,508		$	9,503		$	9,449		$	9,150

49