Exhibit 99.2

Statistical Supplement Package

(unaudited)

Third Quarter 2016

1

Ameriprise Financial, Inc.

Statistical Supplement Information

Table of Contents

	Page
Ameriprise Financial, Inc.
Statistical Supplement Presentation	4
Consolidated GAAP Income Statements	5
Consolidated Operating Results and Highlights	6
Common Share and Capital Summary	8
Segment Summary	10
Advice & Wealth Management Segment
Segment Operating Income Statements	12
Segment Metrics	13
Asset Management Segment
Segment Operating Income Statements	15
Segment Metrics	16
Global Asset Management Products	17
Retail Fund Performance - Columbia	18
Retail Fund Performance - Threadneedle	19
Annuities Segment
Segment Operating Income Statements	21
Segment Metrics	22
Protection Segment
Segment Operating Income Statements	24
Segment Metrics	25
Corporate & Other Segment
Segment Operating Income Statements	27
Eliminations
Operating Income Statements	28
Balance Sheet and Ratings Information
Consolidated Balance Sheets	30
Capital and Ratings Information	31
Investments	32
Non-GAAP Financial Information	33
Glossary of Selected Terminology
Glossary of Selected Terminology - Segments	34
Glossary of Selected Terminology	35
Exhibit A
Disclosed Items	38
Exhibit B
Non-GAAP Financial Measure Reconciliations	44

2

Statistical Supplement Package

(unaudited)

Third Quarter 2016

Consolidated Results

3

Ameriprise Financial, Inc.

Statistical Supplement Presentation

Third Quarter 2016

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, which exclude net realized investment gains or losses, net of deferred sales inducement costs (“DSIC”) and deferred acquisition costs (“DAC”) amortization, unearned revenue amortization and the reinsurance accrual; the market impact on variable annuity guaranteed benefits, net of hedges and the related DSIC and DAC amortization; the market impact on indexed universal life benefits, net of hedges and the related DAC amortization, unearned revenue amortization, and the reinsurance accrual; the market impact of hedges to offset interest rate changes on unrealized gains or losses for certain investments; integration and restructuring charges; income (loss) from discontinued operations; and the impact of consolidating certain investment entities (“CIEs”), best reflect the underlying performance of our core operations and facilitate a more meaningful trend analysis. The Company also uses a number of non-GAAP financial measures to evaluate its financial performance on a basis comparable to that used by some securities analysts and investors. However, these measures are not a substitute for GAAP. Therefore, reconciliations to GAAP measures are provided on page 6 and in Exhibit B “Non-GAAP Financial Measure Reconciliations” on pages 44 and 45.

The market impact on variable annuity guaranteed benefits and indexed universal life benefits includes changes in liability values caused by changes in financial market conditions, net of changes in economic hedge 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 (“ASC 820”), including the impact on liability values of discounting projected benefits to reflect a current estimate of RiverSource Life Insurance Company’s nonperformance spread.  Further, the market impact is net of related impacts on DAC, DSIC and unearned revenue amortization as well as a reinsurance accrual for indexed universal life.  The market impact relates to guaranteed minimum accumulation benefits, non-life contingent guaranteed minimum withdrawal benefits and indexed universal life benefits accounted for at fair value as embedded derivatives.

Operating earnings is the measure of segment profit or loss management uses to evaluate segment performance.  Operating earnings should not be viewed as a substitute for GAAP income from continuing operations before income tax provision.  Management believes the presentation of segment operating earnings as we measure it for management purposes enhances the understanding of our business by reflecting the underlying performance of our core operations and facilitating a more meaningful trend analysis.

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 2016

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions, except per share amounts, unaudited)	3 Qtr 2015			4 Qtr 2015			1 Qtr 2016			2 Qtr 2016			3 Qtr 2016			2015			2016			Diff.			%		Diff.			%		Diff.			%
Revenues
Management and financial advice fees	$	1,465		$	1,499		$	1,386		$	1,439		$	1,464		$	4,451		$	4,289		$	(1	)	—		$	(162	)	(4	)%	$	25		2	%
Distribution fees	451			458			435			448			455			1,389			1,338			4			1	%	(51		)	(4	)%	7			2	%
Net investment income	321			460			331			372			387			1,228			1,090			66			21	%	(138		)	(11	)%	15			4	%
Premiums	360			374			368			372			374			1,081			1,114			14			4	%	33			3	%	2			1	%
Other revenues	296			321			254			248			330			939			832			34			11	%	(107		)	(11	)%	82			33	%
Total revenues	2,893			3,112			2,774			2,879			3,010			9,088			8,663			117			4	%	(425		)	(5	)%	131			5	%
Banking and deposit interest expense	7			9			9			8			12			21			29			5			71	%	8			38	%	4			50	%
Total net revenues	2,886			3,103			2,765			2,871			2,998			9,067			8,634			112			4	%	(433		)	(5	)%	127			4	%
Expenses
Distribution expenses	806			816			770			803			798			2,460			2,371			(8		)	(1	)%	(89		)	(4	)%	(5		)	(1	)%
Interest credited to fixed accounts	171			165			146			158			161			503			465			(10		)	(6	)%	(38		)	(8	)%	3			2	%
Benefits, claims, losses and settlement expenses	471			714			482			597			855			1,547			1,934			384			82	%	387			25	%	258			43	%
Amortization of deferred acquisition costs	133			52			110			87			163			302			360			30			23	%	58			19	%	76			87	%
Interest and debt expense	98			116			55			53			52			271			160			(46		)	(47	)%	(111		)	(41	)%	(1		)	(2	)%
General and administrative expense	744			794			727			763			731			2,288			2,221			(13		)	(2	)%	(67		)	(3	)%	(32		)	(4	)%
Total expenses	2,423			2,657			2,290			2,461			2,760			7,371			7,511			337			14	%	140			2	%	299			12	%
Pretax income	463			446			475			410			238			1,696			1,123			(225		)	(49	)%	(573		)	(34	)%	(172		)	(42	)%
Income tax provision	111			66			111			75			23			389			209			(88		)	(79	)%	(180		)	(46	)%	(52		)	(69	)%
Net income	352			380			364			335			215			1,307			914			(137		)	(39	)%	(393		)	(30	)%	(120		)	(36	)%
Less: Net income (loss) attributable to noncontrolling interests	(45		)	23			—			—			—			102			—			45			#		(102		)	#		—			—
Net income attributable to Ameriprise Financial	$	397		$	357		$	364		$	335		$	215		$	1,205		$	914		$	(182	)	(46	)%	$	(291	)	(24	)%	$	(120	)	(36	)%
Net Investment Income
Investment income on fixed maturities	$	346		$	348		$	343		$	343		$	342		$	1,055		$	1,028		$	(4	)	(1	)%	$	(27	)	(3	)%	$	(1	)	—
Realized investment gains (losses)	(10		)	(1		)	(16		)	5			6			5			(5		)	16			#		(10		)	#		1			20	%
Affordable housing	(7		)	7			(7		)	(11		)	(17		)	(25		)	(35		)	(10		)	#		(10		)	(40	)%	(6		)	(55	)%
Other (including seed money)	(10		)	36			(17		)	5			25			32			13			35			#		(19		)	(59	)%	20			#
Consolidated investment entities	2			70			28			30			31			161			89			29			#		(72		)	(45	)%	1			3	%
Total net investment income	$	321		$	460		$	331		$	372		$	387		$	1,228		$	1,090		$	66		21	%	$	(138	)	(11	)%	$	15		4	%
Earnings Per Share
Basic earnings per share	$	2.20		$	2.02		$	2.11		$	1.99		$	1.31		$	6.57		$	5.43		$	(0.89	)	(40	)%	$	(1.14	)	(17	)%	$	(0.68	)	(34	)%
Earnings per diluted share	$	2.17		$	2.00		$	2.09		$	1.97		$	1.30		$	6.48		$	5.37		$	(0.87	)	(40	)%	$	(1.11	)	(17	)%	$	(0.67	)	(34	)%
Earnings per diluted share growth	—			(10.3		)%	0.5		%	(11.7		)%	(40.1		)%	6.4		%	(17.1		)%	(40.1		)%			(23.5		)%			(28.4		)%
Weighted average common shares outstanding
Basic weighted average common shares outstanding	180.4			176.6			172.6			168.3			164.0			183.5			168.3			(16.4		)	(9	)%	(15.2		)	(8	)%	(4.3		)	(3	)%
Effect of potentially dilutive nonqualified stock options and other share-based awards	2.3			2.3			1.8			1.8			1.8			2.5			1.8			(0.5		)	(22	)%	(0.7		)	(28	)%	—			—
Diluted weighted average common shares outstanding	182.7			178.9			174.4			170.1			165.8			186.0			170.1			(16.9		)	(9	)%	(15.9		)	(9	)%	(4.3		)	(3	)%
Metrics
Net revenue growth	(7.2		)%	0.5		%	(9.4		)%	(8.2		)%	3.9		%	(1.2		)%	(4.8		)%	11.1		%			(3.6		)%			12.1		%
Pretax income margin	16.0		%	14.4		%	17.2		%	14.3		%	7.9		%	18.7		%	13.0		%	(8.1		)%			(5.7		)%			(6.4		)%
Effective tax rate	24.1		%	14.8		%	23.3		%	18.4		%	9.7		%	23.0		%	18.6		%	(14.4		)%			(4.4		)%			(8.7		)%
Effective tax rate excluding noncontrolling interests (1)	21.9		%	15.6		%	23.3		%	18.4		%	9.7		%	24.4		%	18.6		%	(12.2		)%			(5.8		)%			(8.7		)%
Ameriprise Financial shareholders’ equity / outstanding shares (2)	$	42.76		$	41.33		$	41.65		$	42.76		$	41.92		$	42.76		$	41.92		$	(0.84	)	(2	)%	$	(0.84	)	(2	)%	$	(0.84	)	(2	)%
Ameriprise Financial shareholders’ equity excluding AOCI / outstanding shares (1)(3)	$	40.18		$	39.89		$	39.05		$	38.91		$	38.25		$	40.18		$	38.25		$	(1.93	)	(5	)%	$	(1.93	)	(5	)%	$	(0.66	)	(2	)%

(1)See non-GAAP financial information on pg 33.  Non-GAAP financial measure reconciliations can be found on pages 44 and 45.

(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 excluding AOCI divided by common shares outstanding plus common stock equivalents outstanding at period end.

#Variance equal to or greater than 100%.

5

Ameriprise Financial, Inc.

Consolidated Operating Results and Highlights

Third Quarter 2016

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions except per share amounts, unaudited)	3 Qtr 2015			4 Qtr 2015			1 Qtr 2016			2 Qtr 2016			3 Qtr 2016			2015			2016			Diff.			%		Diff.			%		Diff.			%
Revenues
Total net revenues	$	2,886		$	3,103		$	2,765		$	2,871		$	2,998		$	9,067		$	8,634		$	112		4	%	$	(433	)	(5	)%	$	127		4	%
Less revenues attributable to the CIEs	43			113			24			26			27			333			77			(16		)	(37	)%	(256		)	(77	)%	1			4	%
Less net realized investment gains (losses) (1)	(10		)	(1		)	(16		)	5			6			5			(5		)	16			#		(10		)	#		1			20	%
Less market impact on indexed universal life benefits (1)	9			2			9			3			6			5			18			(3		)	(33	)%	13			#		3			#
Less market impact of hedges on investments	(31		)	11			(40		)	(19		)	5			(32		)	(54		)	36			#		(22		)	(69	)%	24			#
Operating total net revenues (2)	$	2,875		$	2,978		$	2,788		$	2,856		$	2,954		$	8,756		$	8,598		$	79		3	%	$	(158	)	(2	)%	$	98		3	%
Earnings
Net income attributable to Ameriprise Financial	$	397		$	357		$	364		$	335		$	215		$	1,205		$	914		$	(182	)	(46	)%	$	(291	)	(24	)%	$	(120	)	(36	)%
Less net income (loss) attributable to the CIEs	—			—			(1		)	—			—			—			(1		)	—			—		(1		)	—		—			—
Integration/restructuring charges (3)	3			1			—			—			—			4			—			(3		)	#		(4		)	#		—			—
Market impact on variable annuity guaranteed benefits (1)(3)	5			139			(17		)	58			37			75			78			32			#		3			4	%	(21		)	(36	)%
Market impact on indexed universal life benefits (1)(3)	1			(1		)	(19		)	(5		)	(7		)	2			(31		)	(8		)	#		(33		)	#		(2		)	(40	)%
Market impact of hedges on investments (3)	31			(11		)	40			19			(5		)	32			54			(36		)	#		22			69	%	(24		)	#
Less net realized investment gains (losses) (1)(3)	(10		)	(1		)	(16		)	5			6			5			(5		)	16			#		(10		)	#		1			20	%
Tax effect of adjustments (4)	(18		)	(45		)	(7		)	(23		)	(7		)	(38		)	(37		)	11			61	%	1			3	%	16			70	%
Operating earnings (2)	$	429		$	441		$	378		$	379		$	227		$	1,275		$	984		$	(202	)	(47	)%	$	(291	)	(23	)%	$	(152	)	(40	)%
Pretax Earnings
Pretax income	$	463		$	446		$	475		$	410		$	238		$	1,696		$	1,123		$	(225	)	(49	)%	$	(573	)	(34	)%	$	(172	)	(42	)%
Less pretax income (loss) attributable to the CIEs	(45		)	23			(2		)	1			—			102			(1		)	45			#		(103		)	#		(1		)	#
Integration/restructuring charges	3			1			—			—			—			4			—			(3		)	#		(4		)	#		—			—
Market impact on variable annuity guaranteed benefits (1)	5			139			(17		)	58			37			75			78			32			#		3			4	%	(21		)	(36	)%
Market impact on indexed universal life benefits (1)	1			(1		)	(19		)	(5		)	(7		)	2			(31		)	(8		)	#		(33		)	#		(2		)	(40	)%
Market impact of hedges on investments	31			(11		)	40			19			(5		)	32			54			(36		)	#		22			69	%	(24		)	#
Less net realized investment gains (losses) (1)	(10		)	(1		)	(16		)	5			6			5			(5		)	16			#		(10		)	#		1			20	%
Pretax operating earnings (2)	$	558		$	552		$	497		$	476		$	257		$	1,702		$	1,230		$	(301	)	(54	)%	$	(472	)	(28	)%	$	(219	)	(46	)%
Pretax Operating Margin (2)(5)	19.4		%	18.5		%	17.8		%	16.7		%	8.7		%	19.4		%	14.3		%	(10.7		)%			(5.1		)%			(8.0		)%
Operating Effective Tax Rate (2)(6)	23.1		%	20.1		%	23.9		%	20.4		%	11.7		%	25.1		%	20.0		%	(11.4		)%			(5.1		)%			(8.7		)%
Weighted Average Common Shares Outstanding
Basic	180.4			176.6			172.6			168.3			164.0			183.5			168.3			(16.4		)	(9	)%	(15.2		)	(8	)%	(4.3		)	(3	)%
Diluted	182.7			178.9			174.4			170.1			165.8			186.0			170.1			(16.9		)	(9	)%	(15.9		)	(9	)%	(4.3		)	(3	)%
Operating Earnings Per Share (2)
Basic operating earnings per share	$	2.38		$	2.50		$	2.19		$	2.25		$	1.38		$	6.95		$	5.85		$	(1.00	)	(42	)%	$	(1.10	)	(16	)%	$	(0.87	)	(39	)%
Operating earnings per diluted share	$	2.35		$	2.47		$	2.17		$	2.23		$	1.37		$	6.85		$	5.78		$	(0.98	)	(42	)%	$	(1.07	)	(16	)%	$	(0.86	)	(39	)%
Return on Equity
Return on equity excluding AOCI (2)(6)	22.0		%	21.4		%	21.5		%	21.0		%	19.0		%	22.0		%	19.0		%	(3.0		)%			(3.0		)%			(2.0		)%
Operating return on equity excluding AOCI (2)(6)	24.0		%	24.3		%	24.2		%	23.9		%	21.5		%	24.0		%	21.5		%	(2.5		)%			(2.5		)%			(2.4		)%

(1)Operating adjustments for net realized investment gains (losses), market impact on indexed universal life benefits and market impact on variable annuity guaranteed benefits are net of the following impacts, as applicable:  hedges, DAC and DSIC amortization, unearned revenue amortization and the reinsurance accrual.

(2)See non-GAAP financial information on pg 33.

(3)Pretax operating adjustments

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

(5)Defined as pretax operating earnings as a percentage of operating total net revenues.

(6)Non-GAAP financial measure reconciliations can be found on pg 44.

#Variance equal to or greater than 100%.

6

Ameriprise Financial, Inc.

Consolidated Operating Results and Highlights

Third Quarter 2016

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions except per share amounts, headcount and where noted, unaudited)	3 Qtr 2015			4 Qtr 2015			1 Qtr 2016			2 Qtr 2016			3 Qtr 2016			2015			2016			Diff.			%		Diff.			%		Diff.			%
Book Value
Ameriprise Financial shareholders’ equity excluding CIEs / outstanding shares (1)(2)	$	41.86		$	40.58		$	41.64		$	42.76		$	41.92		$	41.86		$	41.92		$	0.06		—		$	0.06		—		$	(0.84	)	(2	)%
Ameriprise Financial shareholders’ equity excluding CIEs and AOCI / outstanding shares (1)(3)	$	39.20		$	39.10		$	39.05		$	38.91		$	38.25		$	39.20		$	38.25		$	(0.95	)	(2	)%	$	(0.95	)	(2	)%	$	(0.66	)	(2	)%
Operating Metrics
Operating total net revenue growth: Target 6 - 8%	(0.8		)%	0.4		%	(3.8		)%	(4.3		)%	2.7		%	1.5		%	(1.8		)%	3.5		%			(3.3		)%			7.0		%
Operating earnings per diluted share growth: Target 12 - 15%	11.9		%	7.4		%	(0.5		)%	(4.3		)%	(41.7		)%	10.0		%	(15.6		)%	(53.6		)%			(25.6		)%			(37.4		)%
Operating return on equity excluding AOCI: Target 19 - 23% (1)	24.0		%	24.3		%	24.2		%	23.9		%	21.5		%	24.0		%	21.5		%	(2.5		)%			(2.5		)%			(2.4		)%
Debt to Capital
Total Ameriprise Financial long-term debt to total Ameriprise Financial capital	28.2		%	27.2		%	27.4		%	25.7		%	30.2		%	28.2		%	30.2		%	2.0		%			2.0		%			4.5		%
Goodwill and Intangible Assets	$	1,982		$	1,981		$	1,965		$	1,936		$	1,939		$	1,982		$	1,939		$	(43	)	(2	)%	$	(43	)	(2	)%	$	3		—
Assets Under Management and Administration
Advice & Wealth Management AUM	$	173,000		$	179,574		$	182,276		$	188,590		$	196,186		$	173,000		$	196,186		$	23,186		13	%	$	23,186		13	%	$	7,596		4	%
Asset Management AUM	471,078			471,888			464,059			459,577			467,770			471,078			467,770			(3,308		)	(1	)%	(3,308		)	(1	)%	8,193			2	%
Corporate AUM	693			670			372			367			354			693			354			(339		)	(49	)%	(339		)	(49	)%	(13		)	(4	)%
Eliminations	(22,200		)	(23,074		)	(23,087		)	(24,056		)	(24,737		)	(22,200		)	(24,737		)	(2,537		)	(11	)%	(2,537		)	(11	)%	(681		)	(3	)%
Total Assets Under Management	622,571			629,058			623,620			624,478			639,573			622,571			639,573			17,002			3	%	17,002			3	%	15,095			2	%
Total Assets Under Administration	143,183			147,677			149,113			152,107			156,072			143,183			156,072			12,889			9	%	12,889			9	%	3,965			3	%
Total AUM and AUA	$	765,754		$	776,735		$	772,733		$	776,585		$	795,645		$	765,754		$	795,645		$	29,891		4	%	$	29,891		4	%	$	19,060		2	%
Business Metrics
Total Ameriprise client assets	$	433,458		$	447,120		$	451,417		$	461,740		$	475,662		$	433,458		$	475,662		$	42,204		10	%	$	42,204		10	%	$	13,922		3	%
Total branded financial advisors	9,814			9,789			9,766			9,758			9,747			9,814			9,747			(67		)	(1	)%	(67		)	(1	)%	(11		)	—
Net Flows and Net Deposits
Branded advisor wrap	$	2,980		$	2,093		$	1,829		$	2,294		$	2,751		$	9,060		$	6,874		$	(229	)	(8	)%	$	(2,186	)	(24	)%	$	457		20	%
Asset Management	(7,371		)	(692		)	(7,465		)	(4,726		)	(4,349		)	(15,151		)	(16,540		)	3,022			41	%	(1,389		)	(9	)%	377			8	%
Annuities	(634		)	(541		)	(560		)	(768		)	(890		)	(2,485		)	(2,218		)	(256		)	(40	)%	267			11	%	(122		)	(16	)%
Variable universal life / Universal life	(46		)	(19		)	(48		)	(61		)	(57		)	(138		)	(166		)	(11		)	(24	)%	(28		)	(20	)%	4			7	%
S&P 500
Daily average	2,027			2,052			1,952			2,074			2,161			2,064			2,063			134			7	%	(1		)	—		87			4	%
Period end	1,920			2,044			2,060			2,099			2,168			1,920			2,168			248			13	%	248			13	%	69			3	%
Weighted Equity Index (WEI) (4)
Daily average	1,523			1,519			1,428			1,516			1,579			1,555			1,508			56			4	%	(47		)	(3	)%	63			4	%
Period end	1,430			1,507			1,506			1,527			1,591			1,430			1,591			161			11	%	161			11	%	64			4	%

(1)See non-GAAP financial information on pg 33.  Non-GAAP financial measure reconciliations can be found on pages 44 and 45.

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

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

(4)Weighted Equity Index is an Ameriprise calculated proxy for equity market movements calculated using a weighted average of the S&P 500, Russell 2000, Russell Midcap and MSCI EAFE indices based on North America distributed equity assets.

7

Ameriprise Financial, Inc.

Common Share and Capital Summary

Third Quarter 2016

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2015			4 Qtr 2015			1 Qtr 2016			2 Qtr 2016			3 Qtr 2016			2015			2016			Diff.			%		Diff.			%		Diff.			%
Common shares
Beginning balance	178.7			175.0			171.0			166.8			162.2			183.1			171.0			(16.5		)	(9	)%	(12.1		)	(7	)%	(4.6		)	(3	)%
Repurchases	(3.8		)	(4.1		)	(5.1		)	(4.7		)	(3.9		)	(9.8		)	(13.7		)	(0.1		)	(3	)%	(3.9		)	(40	)%	0.8			17	%
Issuances	0.2			0.1			1.1			0.2			0.3			2.6			1.6			0.1			50	%	(1.0		)	(38	)%	0.1			50	%
Other	(0.1		)	—			(0.2		)	(0.1		)	(0.1		)	(0.9		)	(0.4		)	—			—		0.5			56	%	—			—
Total common shares outstanding	175.0			171.0			166.8			162.2			158.5			175.0			158.5			(16.5		)	(9	)%	(16.5		)	(9	)%	(3.7		)	(2	)%
Restricted stock units	3.4			3.6			3.5			3.6			3.6			3.4			3.6			0.2			6	%	0.2			6	%	—			—
Total basic common shares outstanding	178.4			174.6			170.3			165.8			162.1			178.4			162.1			(16.3		)	(9	)%	(16.3		)	(9	)%	(3.7		)	(2	)%
Total potentially dilutive shares	2.2			2.2			1.7			1.8			1.8			2.2			1.8			(0.4		)	(18	)%	(0.4		)	(18	)%	—			—
Total diluted shares	180.6			176.8			172.0			167.6			163.9			180.6			163.9			(16.7		)	(9	)%	(16.7		)	(9	)%	(3.7		)	(2	)%
Capital Returned to Shareholders
Dividends paid	$	121		$	119		$	117		$	127		$	124		$	355		$	368		$	3		2	%	$	13		4	%	$	(3	)	(2	)%
Common stock share repurchases	$	450		$	450		$	451		$	444		$	378		$	1,224		$	1,273		$	(72	)	(16	)%	$	49		4	%	$	(66	)	(15	)%
Allocated Capital (1)
Advice & Wealth Management	$	528		$	543		$	597		$	610		$	624		$	528		$	624		$	96		18	%	$	96		18	%	$	14		2	%
Asset Management	1,836			1,847			1,833			1,829			1,827			1,836			1,827			(9		)	—		(9		)	—		(2		)	—
Annuities	1,900			1,893			1,897			1,895			1,950			1,900			1,950			50			3	%	50			3	%	55			3	%
Protection	2,009			2,045			2,104			2,105			2,095			2,009			2,095			86			4	%	86			4	%	(10		)	—
Corporate & Other	3,674			3,094			2,799			2,362			2,555			3,674			2,555			(1,119		)	(30	)%	(1,119		)	(30	)%	193			8	%
Total allocated capital	$	9,947		$	9,422		$	9,230		$	8,801		$	9,051		$	9,947		$	9,051		$	(896	)	(9	)%	$	(896	)	(9	)%	$	250		3	%

(1)Allocated capital equals Ameriprise Financial shareholders’ equity excluding consolidated investment entities less AOCI plus Ameriprise Financial long-term debt excluding fair value of hedges, unamortized discount, debt issuance costs and capital lease obligations.  Allocated capital is not adjusted for non-operating items except for CIEs.

8

Statistical Supplement Package

(unaudited)

Third Quarter 2016

Segment Results

9

Ameriprise Financial, Inc.

Segment Summary

Third Quarter 2016

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2015			4 Qtr 2015			1 Qtr 2016			2 Qtr 2016			3 Qtr 2016			2015			2016			Diff.			%		Diff.			%		Diff.			%
Segment Summary
Advice & Wealth Management
Operating total net revenues	$	1,245		$	1,266		$	1,198		$	1,250		$	1,272		$	3,747		$	3,720		$	27		2	%	$	(27	)	(1	)%	$	22		2	%
Operating expenses	1,026			1,056			993			1,029			1,041			3,098			3,063			15			1	%	(35		)	(1	)%	12			1	%
Pretax operating earnings	$	219		$	210		$	205		$	221		$	231		$	649		$	657		$	12		5	%	$	8		1	%	$	10		5	%
Allocated capital	$	528		$	543		$	597		$	610		$	624		$	528		$	624		$	96		18	%	$	96		18	%	$	14		2	%
Operating return on allocated capital (1)	126.8		%	125.0		%	121.3		%	119.4		%	121.2		%	126.8		%	121.2		%	(5.6		)%			(5.6		)%			1.8		%
Pretax operating margin	17.6		%	16.6		%	17.1		%	17.7		%	18.2		%	17.3		%	17.7		%	0.6		%			0.4		%			0.5		%
Asset Management
Operating total net revenues	$	782		$	833		$	724		$	739		$	740		$	2,421		$	2,203		$	(42	)	(5	)%	$	(218	)	(9	)%	$	1		—
Operating expenses	602			640			575			591			585			1,853			1,751			(17		)	(3	)%	(102		)	(6	)%	(6		)	(1	)%
Pretax operating earnings	$	180		$	193		$	149		$	148		$	155		$	568		$	452		$	(25	)	(14	)%	$	(116	)	(20	)%	$	7		5	%
Allocated capital	$	1,836		$	1,847		$	1,833		$	1,829		$	1,827		$	1,836		$	1,827		$	(9	)	—		$	(9	)	—		$	(2	)	—
Operating return on allocated capital (1)	31.2		%	31.2		%	29.9		%	28.5		%	28.5		%	31.2		%	28.5		%	(2.7		)%			(2.7		)%			—
Pretax operating margin	23.0		%	23.2		%	20.6		%	20.0		%	20.9		%	23.5		%	20.5		%	(2.1		)%			(3.0		)%			0.9		%
Operating total net revenues	$	782		$	833		$	724		$	739		$	740		$	2,421		$	2,203		$	(42	)	(5	)%	$	(218	)	(9	)%	$	1		—
Distribution pass thru revenues	(214		)	(211		)	(199		)	(203		)	(211		)	(651		)	(613		)	3			1	%	38			6	%	(8		)	(4	)%
Subadvisory and other pass thru revenues	(95		)	(107		)	(87		)	(88		)	(85		)	(300		)	(260		)	10			11	%	40			13	%	3			3	%
Adjusted operating revenues (2)	$	473		$	515		$	438		$	448		$	444		$	1,470		$	1,330		$	(29	)	(6	)%	$	(140	)	(10	)%	$	(4	)	(1	)%
Pretax operating earnings	$	180		$	193		$	149		$	148		$	155		$	568		$	452		$	(25	)	(14	)%	$	(116	)	(20	)%	$	7		5	%
Operating net investment income	(1		)	(12		)	(3		)	(5		)	(1		)	(11		)	(9		)	—			—		2			18	%	4			80	%
Amortization of intangibles	6			6			6			5			5			21			16			(1		)	(17	)%	(5		)	(24	)%	—			—
Adjusted operating earnings (2)	$	185		$	187		$	152		$	148		$	159		$	578		$	459		$	(26	)	(14	)%	$	(119	)	(21	)%	$	11		7	%
Adjusted net pretax operating margin (2)(3)	39.1		%	36.3		%	34.7		%	33.0		%	35.8		%	39.3		%	34.5		%	(3.3		)%			(4.8		)%			2.8		%
Annuities
Operating total net revenues	$	632		$	627		$	596		$	619		$	631		$	1,914		$	1,846		$	(1	)	—		$	(68	)	(4	)%	$	12		2	%
Operating expenses	456			475			472			473			699			1,416			1,644			243			53	%	228			16	%	226			48	%
Pretax operating earnings	$	176		$	152		$	124		$	146		$	(68	)	$	498		$	202		$	(244	)	#		$	(296	)	(59	)%	$	(214	)	#
Allocated capital	$	1,900		$	1,893		$	1,897		$	1,895		$	1,950		$	1,900		$	1,950		$	50		3	%	$	50		3	%	$	55		3	%
Operating return on allocated capital (1)	25.6		%	25.5		%	24.1		%	24.5		%	14.3		%	25.6		%	14.3		%	(11.3		)%			(11.3		)%			(10.2		)%
Pretax operating margin	27.8		%	24.2		%	20.8		%	23.6		%	(10.8		)%	26.0		%	10.9		%	(38.6		)%			(15.1		)%			(34.4		)%
Protection
Operating total net revenues	$	586		$	608		$	608		$	604		$	679		$	1,776		$	1,891		$	93		16	%	$	115		6	%	$	75		12	%
Operating expenses	561			573			539			567			668			1,628			1,774			107			19	%	146			9	%	101			18	%
Pretax operating earnings	$	25		$	35		$	69		$	37		$	11		$	148		$	117		$	(14	)	(56	)%	$	(31	)	(21	)%	$	(26	)	(70	)%
Allocated capital	$	2,009		$	2,045		$	2,104		$	2,105		$	2,095		$	2,009		$	2,095		$	86		4	%	$	86		4	%	$	(10	)	—
Operating return on allocated capital (1)	6.8		%	6.9		%	7.6		%	6.3		%	5.8		%	6.8		%	5.8		%	(1.0		)%			(1.0		)%			(0.5		)%
Pretax operating margin	4.3		%	5.8		%	11.3		%	6.1		%	1.6		%	8.3		%	6.2		%	(2.7		)%			(2.1		)%			(4.5		)%
Corporate & Other
Operating total net revenues	$	(4	)	$	15		$	2		$	(7	)	$	(15	)	$	(12	)	$	(20	)	$	(11	)	#		$	(8	)	(67	)%	$	(8	)	#
Operating expenses	38			53			52			69			57			149			178			19			50	%	29			19	%	(12		)	(17	)%
Pretax operating loss	$	(42	)	$	(38	)	$	(50	)	$	(76	)	$	(72	)	$	(161	)	$	(198	)	$	(30	)	(71	)%	$	(37	)	(23	)%	$	4		5	%

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

(2)See non-GAAP financial information on pg 33.

(3)Calculated as adjusted operating earnings as a percentage of adjusted operating revenues.

#Variance equal to or greater than 100%.

10

Statistical Supplement Package

(unaudited)

Third Quarter 2016

Advice & Wealth Management Segment

11

Ameriprise Financial, Inc.

Advice & Wealth Management Segment

Third Quarter 2016

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2015			4 Qtr 2015			1 Qtr 2016			2 Qtr 2016			3 Qtr 2016			2015			2016			Diff.			%		Diff.			%		Diff.			%
Operating Income Statements
Revenues
Management and financial advice fees	$	658		$	668		$	631		$	669		$	689		$	1,961		$	1,989		$	31		5	%	$	28		1	%	$	20		3	%
Distribution fees	540			551			514			524			531			1,644			1,569			(9		)	(2	)%	(75		)	(5	)%	7			1	%
Net investment income	38			38			44			47			47			108			138			9			24	%	30			28	%	—			—
Premiums	—			—			—			—			—			—			—			—			—		—			—		—			—
Other revenues	16			18			18			18			17			55			53			1			6	%	(2		)	(4	)%	(1		)	(6	)%
Total revenues	1,252			1,275			1,207			1,258			1,284			3,768			3,749			32			3	%	(19		)	(1	)%	26			2	%
Banking and deposit interest expense	7			9			9			8			12			21			29			5			71	%	8			38	%	4			50	%
Operating total net revenues	1,245			1,266			1,198			1,250			1,272			3,747			3,720			27			2	%	(27		)	(1	)%	22			2	%
Expenses
Distribution expenses	764			777			732			762			781			2,304			2,275			17			2	%	(29		)	(1	)%	19			2	%
Interest credited to fixed accounts	—			—			—			—			—			—			—			—			—		—			—		—			—
Benefits, claims, losses and settlement expenses	—			—			—			—			—			—			—			—			—		—			—		—			—
Amortization of deferred acquisition costs	—			—			—			—			—			—			—			—			—		—			—		—			—
Interest and debt expense	2			2			2			2			2			6			6			—			—		—			—		—			—
General and administrative expense	260			277			259			265			258			788			782			(2		)	(1	)%	(6		)	(1	)%	(7		)	(3	)%
Operating expenses	1,026			1,056			993			1,029			1,041			3,098			3,063			15			1	%	(35		)	(1	)%	12			1	%
Pretax operating earnings	$	219		$	210		$	205		$	221		$	231		$	649		$	657		$	12		5	%	$	8		1	%	$	10		5	%
Pretax operating margin	17.6		%	16.6		%	17.1		%	17.7		%	18.2		%	17.3		%	17.7		%	0.6		%			0.4		%			0.5		%
Return on Capital
Allocated capital	$	528		$	543		$	597		$	610		$	624		$	528		$	624		$	96		18	%	$	96		18	%	$	14		2	%
Operating return on allocated capital (1)	126.8		%	125.0		%	121.3		%	119.4		%	121.2		%	126.8		%	121.2		%	(5.6		)%			(5.6		)%			1.8		%
Brokerage cash balance (2)	$	21,410		$	23,491		$	23,374		$	23,181		$	24,047		$	21,410		$	24,047		$	2,637		12	%	$	2,637		12	%	$	866		4	%
Brokerage sweep fee	0.23		%	0.25		%	0.44		%	0.46		%	0.48		%	0.22		%	0.45		%	0.25		%			0.23		%			0.02		%
On-balance sheet deposits	$	8,049		$	8,638		$	8,883		$	9,141		$	9,452		$	8,049		$	9,452		$	1,403		17	%	$	1,403		17	%	$	311		3	%

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

(2)Brokerage cash includes both off-balance sheet and on-balance sheet deposits.  In the 3rd quarter of 2015 through the 3rd quarter of 2016, on-balance sheet deposits included in brokerage cash are $3.5B, $3.8B, $3.7B, $3.7B, and $3.8B, respectively.

12

Ameriprise Financial, Inc.

Advice & Wealth Management Segment

Third Quarter 2016

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions, except headcount and where noted, unaudited)	3 Qtr 2015			4 Qtr 2015			1 Qtr 2016			2 Qtr 2016			3 Qtr 2016			2015			2016			Diff.			%		Diff.			%		Diff.			%
Product Information
Certificates and Banking - Combined
Pretax operating earnings	$	11		$	10		$	13		$	15		$	11		$	36		$	39		$	—		—		$	3		8	%	$	(4	)	(27	)%
Allocated capital	$	251		$	268		$	287		$	298		$	311		$	251		$	311		$	60		24	%	$	60		24	%	$	13		4	%
Operating return on allocated capital (1)	14.5		%	14.1		%	14.5		%	14.2		%	14.0		%	14.5		%	14.0		%	(0.5		)%			(0.5		)%			(0.2		)%
Wealth Management & Distribution
Pretax operating earnings	$	208		$	200		$	192		$	206		$	220		$	613		$	618		$	12		6	%	$	5		1	%	$	14		7	%
Allocated capital	$	277		$	275		$	310		$	312		$	313		$	277		$	313		$	36		13	%	$	36		13	%	$	1		—
Operating return on allocated capital (1)	225.3		%	224.5		%	218.7		%	216.9		%	223.3		%	225.3		%	223.3		%	(2.0		)%			(2.0		)%			6.4		%
Financial Plans
Branded financial plan net cash sales	$	62		$	74		$	64		$	66		$	67		$	189		$	197		$	5		8	%	$	8		4	%	$	1		2	%
Financial Advisors
Employee advisors	2,099			2,083			2,046			2,054			2,047			2,099			2,047			(52		)	(2	)%	(52		)	(2	)%	(7		)	—
Franchisee advisors	7,715			7,706			7,720			7,704			7,700			7,715			7,700			(15		)	—		(15		)	—		(4		)	—
Total branded financial advisors	9,814			9,789			9,766			9,758			9,747			9,814			9,747			(67		)	(1	)%	(67		)	(1	)%	(11		)	—
Operating total net revenues per financial advisor (in thousands) (2)	$	127		$	129		$	123		$	128		$	131		$	385		$	382		$	4		3	%	$	(3	)	(1	)%	$	3		2	%
Operating total net revenues per financial advisor-trailing twelve months (in thousands) (3)	$	514		$	514		$	510		$	507		$	511		$	514		$	511		$	(3	)	(1	)%	$	(3	)	(1	)%	$	4		1	%
Advisor Retention
Employee	91.0		%	91.0		%	90.7		%	90.4		%	89.7		%	91.0		%	89.7		%	(1.3		)%			(1.3		)%			(0.7		)%
Franchisee	94.2		%	94.2		%	93.8		%	93.6		%	93.1		%	94.2		%	93.1		%	(1.1		)%			(1.1		)%			(0.5		)%
Total Client Assets (at period end)	$	433,458		$	447,120		$	451,417		$	461,740		$	475,662		$	433,458		$	475,662		$	42,204		10	%	$	42,204		10	%	$	13,922		3	%
Total Wrap Accounts
Beginning assets	$	181,853		$	173,788		$	180,488		$	183,359		$	189,739		$	174,670		$	180,488		$	7,886		4	%	$	5,818		3	%	$	6,380		3	%
Net flows	2,980			2,093			1,829			2,294			2,751			9,060			6,874			(229		)	(8	)%	(2,186		)	(24	)%	457			20	%
Market appreciation (depreciation) and other	(11,045		)	4,607			1,042			4,086			4,995			(9,942		)	10,123			16,040			#		20,065			#		909			22	%
Total wrap ending assets	$	173,788		$	180,488		$	183,359		$	189,739		$	197,485		$	173,788		$	197,485		$	23,697		14	%	$	23,697		14	%	$	7,746		4	%
Advisory wrap account assets ending balance (4)	$	172,342		$	178,879		$	181,580		$	187,872		$	195,444		$	172,342		$	195,444		$	23,102		13	%	$	23,102		13	%	$	7,572		4	%

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

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

(3)Trailing twelve months is the sum of the last four quarters.

(4)Advisory wrap account assets represent those assets for which clients receive advisory services and are the primary driver of revenue earned on wrap accounts.  Clients may hold non-advisory investments in their wrap accounts that do not incur an advisory fee.

#Variance equal to or greater than 100%.

13

Statistical Supplement Package

(unaudited)

Third Quarter 2016

Asset Management Segment

14

Ameriprise Financial, Inc.

Asset Management Segment

Third Quarter 2016

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2015			4 Qtr 2015			1 Qtr 2016			2 Qtr 2016			3 Qtr 2016			2015			2016			Diff.			%		Diff.			%		Diff.			%
Operating Income Statements
Revenues
Management and financial advice fees	$	656		$	697		$	602		$	612		$	612		$	2,026		$	1,826		$	(44	)	(7	)%	$	(200	)	(10	)%	$	—		—
Distribution fees	123			123			117			121			125			376			363			2			2	%	(13		)	(3	)%	4			3	%
Net investment income	1			12			3			5			1			11			9			—			—		(2		)	(18	)%	(4		)	(80	)%
Premiums	—			—			—			—			—			—			—			—			—		—			—		—			—
Other revenues	2			1			2			1			2			8			5			—			—		(3		)	(38	)%	1			#
Total revenues	782			833			724			739			740			2,421			2,203			(42		)	(5	)%	(218		)	(9	)%	1			—
Banking and deposit interest expense	—			—			—			—			—			—			—			—			—		—			—		—			—
Operating total net revenues	782			833			724			739			740			2,421			2,203			(42		)	(5	)%	(218		)	(9	)%	1			—
Expenses
Distribution expenses	270			265			247			254			261			826			762			(9		)	(3	)%	(64		)	(8	)%	7			3	%
Interest credited to fixed accounts	—			—			—			—			—			—			—			—			—		—			—		—			—
Benefits, claims, losses and settlement expenses	—			—			—			—			—			—			—			—			—		—			—		—			—
Amortization of deferred acquisition costs	4			5			4			5			4			12			13			—			—		1			8	%	(1		)	(20	)%
Interest and debt expense	6			6			6			5			5			19			16			(1		)	(17	)%	(3		)	(16	)%	—			—
General and administrative expense	322			364			318			327			315			996			960			(7		)	(2	)%	(36		)	(4	)%	(12		)	(4	)%
Operating expenses	602			640			575			591			585			1,853			1,751			(17		)	(3	)%	(102		)	(6	)%	(6		)	(1	)%
Pretax operating earnings	$	180		$	193		$	149		$	148		$	155		$	568		$	452		$	(25	)	(14	)%	$	(116	)	(20	)%	$	7		5	%
Pretax operating margin	23.0		%	23.2		%	20.6		%	20.0		%	20.9		%	23.5		%	20.5		%	(2.1		)%			(3.0		)%			0.9		%
Operating total net revenues	$	782		$	833		$	724		$	739		$	740		$	2,421		$	2,203		$	(42	)	(5	)%	$	(218	)	(9	)%	$	1		—
Distribution pass thru revenues	(214		)	(211		)	(199		)	(203		)	(211		)	(651		)	(613		)	3			1	%	38			6	%	(8		)	(4	)%
Subadvisory and other pass thru revenues	(95		)	(107		)	(87		)	(88		)	(85		)	(300		)	(260		)	10			11	%	40			13	%	3			3	%
Adjusted operating revenues (1)	$	473		$	515		$	438		$	448		$	444		$	1,470		$	1,330		$	(29	)	(6	)%	$	(140	)	(10	)%	$	(4	)	(1	)%
Pretax operating earnings	$	180		$	193		$	149		$	148		$	155		$	568		$	452		$	(25	)	(14	)%	$	(116	)	(20	)%	$	7		5	%
Operating net investment income	(1		)	(12		)	(3		)	(5		)	(1		)	(11		)	(9		)	—			—		2			18	%	4			80	%
Amortization of intangibles	6			6			6			5			5			21			16			(1		)	(17	)%	(5		)	(24	)%	—			—
Adjusted operating earnings (1)	$	185		$	187		$	152		$	148		$	159		$	578		$	459		$	(26	)	(14	)%	$	(119	)	(21	)%	$	11		7	%
Adjusted net pretax operating margin (1)(2)	39.1		%	36.3		%	34.7		%	33.0		%	35.8		%	39.3		%	34.5		%	(3.3		)%			(4.8		)%			2.8		%
Performance Fees (3)
Net performance fees	$	1		$	32		$	6		$	1		$	1		$	16		$	8		$	—		—		$	(8	)	(50	)%	$	—		—
Return on Capital
Allocated capital	$	1,836		$	1,847		$	1,833		$	1,829		$	1,827		$	1,836		$	1,827		$	(9	)	—		$	(9	)	—		$	(2	)	—
Operating return on allocated capital (4)	31.2		%	31.2		%	29.9		%	28.5		%	28.5		%	31.2		%	28.5		%	(2.7		)%			(2.7		)%			—

(1)See non-GAAP financial information on pg 33.

(2)Calculated as adjusted operating earnings as a percentage of adjusted operating revenues.

(3)Performance fees, which are net of associated compensation, do not include CLO incentive fees.

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

#Variance equal to or greater than 100%.

15

Ameriprise Financial, Inc.

Asset Management Segment

Third Quarter 2016

															Prior Year Comparisons
											Year-to-Date				Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2015		4 Qtr 2015		1 Qtr 2016		2 Qtr 2016		3 Qtr 2016		2015		2016		Diff.			%		Diff.			%		Diff.			%
Total Managed Assets by Type
Equity	$	248,925	$	255,466	$	244,653	$	241,001	$	245,939	$	248,925	$	245,939	$	(2,986	)	(1	)%	$	(2,986	)	(1	)%	$	4,938		2	%
Fixed income	184,727		176,596		179,465		179,752		183,329		184,727		183,329		(1,398		)	(1	)%	(1,398		)	(1	)%	3,577			2	%
Money market	6,524		7,467		7,548		7,292		6,600		6,524		6,600		76			1	%	76			1	%	(692		)	(9	)%
Alternative	8,272		8,198		8,227		7,221		7,264		8,272		7,264		(1,008		)	(12	)%	(1,008		)	(12	)%	43			1	%
Hybrid and other	22,630		24,161		24,166		24,311		24,638		22,630		24,638		2,008			9	%	2,008			9	%	327			1	%
Total managed assets by type	$	471,078	$	471,888	$	464,059	$	459,577	$	467,770	$	471,078	$	467,770	$	(3,308	)	(1	)%	$	(3,308	)	(1	)%	$	8,193		2	%
Average Managed Assets by Type (1)
Equity	$	266,179	$	257,682	$	241,769	$	244,996	$	244,636	$	274,715	$	243,997	$	(21,543	)	(8	)%	$	(30,718	)	(11	)%	$	(360	)	—
Fixed income	187,341		180,990		176,789		179,557		182,349		190,672		179,555		(4,992		)	(3	)%	(11,117		)	(6	)%	2,792			2	%
Money market	6,715		7,267		7,746		7,225		6,946		6,630		7,282		231			3	%	652			10	%	(279		)	(4	)%
Alternative	7,912		8,297		8,139		7,650		7,228		7,724		7,662		(684		)	(9	)%	(62		)	(1	)%	(422		)	(6	)%
Hybrid and other	22,805		23,731		23,645		24,702		24,615		21,624		24,337		1,810			8	%	2,713			13	%	(87		)	—
Total average managed assets by type	$	490,952	$	477,967	$	458,088	$	464,130	$	465,774	$	501,365	$	462,833	$	(25,178	)	(5	)%	$	(38,532	)	(8	)%	$	1,644		—

(1)Average ending balances are calculated using the average of the prior period’s ending balance and all months in the current period.

16

Ameriprise Financial, Inc.

Asset Management Segment

Third Quarter 2016

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2015			4 Qtr 2015			1 Qtr 2016			2 Qtr 2016			3 Qtr 2016			2015			2016			Diff.			%		Diff.			%		Diff.			%
Managed Assets Rollforward
Global Retail Funds
Beginning assets	$	280,176		$	258,562		$	263,866		$	259,846		$	259,249		$	281,547		$	263,866		$	(20,927	)	(7	)%	$	(17,681	)	(6	)%	$	(597	)	—
Inflows	11,736			14,329			12,504			13,486			12,342			39,869			38,332			606			5	%	(1,537		)	(4	)%	(1,144		)	(8	)%
Inflows from acquisitions (1)	—			—			—			—			976			—			976			976			—		976			—		976			—
Outflows	(16,274		)	(16,352		)	(15,579		)	(15,869		)	(14,239		)	(50,977		)	(45,687		)	2,035			13	%	5,290			10	%	1,630			10	%
Net VP/VIT fund flows	(163		)	(101		)	(187		)	(501		)	(617		)	(636		)	(1,305		)	(454		)	#		(669		)	#		(116		)	(23	)%
Net new flows	(4,701		)	(2,124		)	(3,262		)	(2,884		)	(1,538		)	(11,744		)	(7,684		)	3,163			67	%	4,060			35	%	1,346			47	%
Reinvested dividends	641			8,621			407			2,726			582			4,733			3,715			(59		)	(9	)%	(1,018		)	(22	)%	(2,144		)	(79	)%
Net flows	(4,060		)	6,497			(2,855		)	(158		)	(956		)	(7,011		)	(3,969		)	3,104			76	%	3,042			43	%	(798		)	#
Distributions	(858		)	(10,482		)	(575		)	(3,125		)	(851		)	(5,894		)	(4,551		)	7			1	%	1,343			23	%	2,274			73	%
Market appreciation (depreciation) and other (2)(4)	(15,549		)	10,081			(213		)	4,653			9,464			(8,818		)	13,904			25,013			#		22,722			#		4,811			#
Foreign currency translation (3)(4)	(1,147		)	(792		)	(377		)	(1,967		)	(881		)	(1,262		)	(3,225		)	266			23	%	(1,963		)	#		1,086			55	%
Total ending assets	258,562			263,866			259,846			259,249			266,025			258,562			266,025			7,463			3	%	7,463			3	%	6,776			3	%
% of total retail assets sub-advised	17.2		%	16.0		%	16.2		%	16.7		%	16.4		%	17.2		%	16.4		%	(0.8		)%			(0.8		)%			(0.2		)%
Global Institutional
Beginning assets	222,917			212,516			208,022			204,213			200,328			224,041			208,022			(22,589		)	(10	)%	(16,019		)	(7	)%	(3,885		)	(2	)%
Inflows	6,921			6,536			7,358			6,030			5,101			20,786			18,489			(1,820		)	(26	)%	(2,297		)	(11	)%	(929		)	(15	)%
Outflows	(10,232		)	(13,725		)	(11,968		)	(10,598		)	(8,494		)	(28,926		)	(31,060		)	1,738			17	%	(2,134		)	(7	)%	2,104			20	%
Net flows	(3,311		)	(7,189		)	(4,610		)	(4,568		)	(3,393		)	(8,140		)	(12,571		)	(82		)	(2	)%	(4,431		)	(54	)%	1,175			26	%
Market appreciation (depreciation) and other (4)(5)(6)	(4,037		)	4,437			2,312			5,415			7,106			(618		)	14,833			11,143			#		15,451			#		1,691			31	%
Foreign currency translation (3)(4)	(3,053		)	(1,742		)	(1,511		)	(4,732		)	(2,296		)	(2,767		)	(8,539		)	757			25	%	(5,772		)	#		2,436			51	%
Total ending assets	212,516			208,022			204,213			200,328			201,745			212,516			201,745			(10,771		)	(5	)%	(10,771		)	(5	)%	1,417			1	%
Total managed assets	$	471,078		$	471,888		$	464,059		$	459,577		$	467,770		$	471,078		$	467,770		$	(3,308	)	(1	)%	$	(3,308	)	(1	)%	$	8,193		2	%
Total net flows	$	(7,371	)	$	(692	)	$	(7,465	)	$	(4,726	)	$	(4,349	)	$	(15,151	)	$	(16,540	)	$	3,022		41	%	$	(1,389	)	(9	)%	$	377		8	%
Former Parent Company Related (7)
Retail net new flows	$	(572	)	$	(772	)	$	(256	)	$	(331	)	$	(26	)	$	(1,536	)	$	(613	)	$	546		95	%	$	923		60	%	$	305		92	%
Institutional net new flows	(2,017		)	(5,943		)	(4,079		)	(1,929		)	(1,412		)	(6,508		)	(7,420		)	605			30	%	(912		)	(14	)%	517			27	%
Total net new flows	$	(2,589	)	$	(6,715	)	$	(4,335	)	$	(2,260	)	$	(1,438	)	$	(8,044	)	$	(8,033	)	$	1,151		44	%	$	11		—		$	822		36	%

(1)Inflows associated with acquisitions that closed during the quarter.

(2)Included in Market appreciation (depreciation) and other for retail funds in the 2nd quarter of 2015 are ($0.5B) related to the sale of the Multi-Manager business.

(3)Amounts represent local currency to US dollar translation for reporting purposes.

(4)Prior to the 3rd quarter of 2016, the Foreign currency translation line represented British Pound to US dollar conversion, while the impact of translating assets from a local currency to British Pounds was included in Market appreciation (depreciation) and other.  Beginning with the 3rd quarter of 2016, the impact of translating assets from a local currency to British Pounds has been reclassified to the Foreign currency translation line.  All prior periods have been restated.

(5)Included in Market appreciation (depreciation) and other for Global Institutional in the 2nd quarter of 2015 are ($0.1B) due to the transfer of assets from Separately Managed Accounts (SMAs) to Unified Managed Accounts (UMAs).

(6)Included in Market appreciation (depreciation) and other for Global Institutional is the change in the affiliated general account balance.

(7)Former parent company related assets and net new flows are included in the rollforwards above.

#Variance equal to or greater than 100%.

17

Ameriprise Financial, Inc.

Asset Management Segment - Columbia

Third Quarter 2016

Mutual Fund Rankings in top 2 Lipper Quartiles

		3 Qtr 2015		4 Qtr 2015		1 Qtr 2016		2 Qtr 2016		3 Qtr 2016
Domestic Equity
Equal weighted	1 year	57	%	68	%	68	%	56	%	62	%
	3 year	65	%	68	%	62	%	71	%	68	%
	5 year	57	%	57	%	57	%	59	%	67	%
Asset weighted	1 year	59	%	77	%	80	%	65	%	74	%
	3 year	72	%	76	%	74	%	84	%	78	%
	5 year	70	%	74	%	68	%	73	%	84	%
International Equity
Equal weighted	1 year	68	%	55	%	55	%	55	%	55	%
	3 year	73	%	82	%	68	%	60	%	60	%
	5 year	70	%	65	%	60	%	61	%	80	%
Asset weighted	1 year	35	%	33	%	37	%	36	%	73	%
	3 year	42	%	46	%	39	%	36	%	44	%
	5 year	40	%	41	%	41	%	42	%	52	%
Taxable Fixed Income
Equal weighted	1 year	58	%	68	%	63	%	58	%	78	%
	3 year	59	%	47	%	59	%	59	%	71	%
	5 year	71	%	65	%	71	%	82	%	76	%
Asset weighted	1 year	72	%	73	%	70	%	61	%	82	%
	3 year	82	%	52	%	77	%	65	%	76	%
	5 year	85	%	80	%	83	%	87	%	85	%
Tax Exempt Fixed Income
Equal weighted	1 year	94	%	83	%	89	%	89	%	84	%
	3 year	100	%	100	%	100	%	100	%	89	%
	5 year	100	%	100	%	100	%	94	%	94	%
Asset weighted	1 year	99	%	97	%	92	%	92	%	92	%
	3 year	100	%	100	%	100	%	100	%	81	%
	5 year	100	%	100	%	100	%	87	%	88	%
Asset Allocation Funds
Equal weighted	1 year	90	%	90	%	85	%	77	%	69	%
	3 year	67	%	78	%	100	%	100	%	100	%
	5 year	88	%	88	%	100	%	88	%	75	%
Asset weighted	1 year	100	%	100	%	98	%	97	%	87	%
	3 year	73	%	79	%	100	%	100	%	100	%
	5 year	97	%	98	%	100	%	98	%	81	%
Number of 4- or 5-star Morningstar rated funds
Overall		51		55		51		51		54
3 year		52		57		50		55		54
5 year		44		45		46		45		52
Percent of 4- or 5-star Morningstar rated funds
Overall		50	%	54	%	50	%	53	%	56	%
3 year		51	%	56	%	50	%	57	%	56	%
5 year		46	%	47	%	48	%	49	%	55	%
Percent of 4- or 5-star Morningstar rated assets
Overall		58	%	66	%	61	%	66	%	68	%
3 year		57	%	66	%	61	%	74	%	75	%
5 year		54	%	57	%	61	%	64	%	67	%

Mutual fund performance rankings are based on the performance of Class Z fund shares for Columbia branded mutual funds.  Only funds with Class Z shares are included.

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 divided by total assets of all funds.  Funds with more assets will receive a greater share of the total percentage above or below median.

18

Ameriprise Financial, Inc.

Asset Management Segment - Threadneedle

Third Quarter 2016

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

		3 Qtr 2015		4 Qtr 2015		1 Qtr 2016		2 Qtr 2016		3 Qtr 2016
Equity
Equal weighted	1 year	71	%	65	%	81	%	60	%	52	%
	3 year	74	%	74	%	70	%	67	%	72	%
	5 year	84	%	76	%	78	%	79	%	71	%
Asset weighted	1 year	67	%	68	%	88	%	66	%	62	%
	3 year	68	%	71	%	56	%	68	%	69	%
	5 year	93	%	84	%	86	%	91	%	63	%
Fixed Income
Equal weighted	1 year	56	%	56	%	38	%	42	%	58	%
	3 year	68	%	45	%	59	%	55	%	50	%
	5 year	71	%	67	%	52	%	62	%	64	%
Asset weighted	1 year	66	%	81	%	68	%	57	%	57	%
	3 year	69	%	72	%	83	%	80	%	69	%
	5 year	59	%	61	%	45	%	62	%	73	%
Allocation (Managed) Funds
Equal weighted	1 year	63	%	75	%	88	%	100	%	88	%
	3 year	86	%	86	%	100	%	100	%	88	%
	5 year	83	%	100	%	100	%	100	%	83	%
Asset weighted	1 year	73	%	86	%	93	%	100	%	80	%
	3 year	93	%	92	%	100	%	100	%	97	%
	5 year	93	%	100	%	100	%	100	%	92	%

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.

19

Statistical Supplement Package

(unaudited)

Third Quarter 2016

Annuities Segment

20

Ameriprise Financial, Inc.

Annuities Segment

Third Quarter 2016

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2015			4 Qtr 2015			1 Qtr 2016			2 Qtr 2016			3 Qtr 2016			2015			2016			Diff.			%		Diff.			%		Diff.			%
Operating Income Statements
Revenues
Management and financial advice fees	$	187		$	186		$	177		$	184		$	188		$	569		$	549		$	1		1	%	$	(20	)	(4	)%	$	4		2	%
Distribution fees	91			90			83			88			89			274			260			(2		)	(2	)%	(14		)	(5	)%	1			1	%
Net investment income	208			201			192			189			192			647			573			(16		)	(8	)%	(74		)	(11	)%	3			2	%
Premiums	25			30			28			32			29			77			89			4			16	%	12			16	%	(3		)	(9	)%
Other revenues	121			120			116			126			133			347			375			12			10	%	28			8	%	7			6	%
Total revenues	632			627			596			619			631			1,914			1,846			(1		)	—		(68		)	(4	)%	12			2	%
Banking and deposit interest expense	—			—			—			—			—			—			—			—			—		—			—		—			—
Operating total net revenues	632			627			596			619			631			1,914			1,846			(1		)	—		(68		)	(4	)%	12			2	%
Expenses
Distribution expenses	111			111			103			107			106			335			316			(5		)	(5	)%	(19		)	(6	)%	(1		)	(1	)%
Interest credited to fixed accounts	125			123			119			119			122			377			360			(3		)	(2	)%	(17		)	(5	)%	3			3	%
Benefits, claims, losses and settlement expenses	89			143			144			138			346			339			628			257			#		289			85	%	208			#
Amortization of deferred acquisition costs	66			37			45			48			66			168			159			—			—		(9		)	(5	)%	18			38	%
Interest and debt expense	10			9			8			9			7			29			24			(3		)	(30	)%	(5		)	(17	)%	(2		)	(22	)%
General and administrative expense	55			52			53			52			52			168			157			(3		)	(5	)%	(11		)	(7	)%	—			—
Operating expenses	456			475			472			473			699			1,416			1,644			243			53	%	228			16	%	226			48	%
Pretax operating earnings	$	176		$	152		$	124		$	146		$	(68	)	$	498		$	202		$	(244	)	#		$	(296	)	(59	)%	$	(214	)	#
Pretax operating margin	27.8		%	24.2		%	20.8		%	23.6		%	(10.8		)%	26.0		%	10.9		%	(38.6		)%			(15.1		)%			(34.4		)%
Return on Capital
Allocated capital	$	1,900		$	1,893		$	1,897		$	1,895		$	1,950		$	1,900		$	1,950		$	50		3	%	$	50		3	%	$	55		3	%
Operating return on allocated capital (1)	25.6		%	25.5		%	24.1		%	24.5		%	14.3		%	25.6		%	14.3		%	(11.3		)%			(11.3		)%			(10.2		)%
Market impact on variable annuity guaranteed benefits (2)
Risk margin and nonperformance spread impact	$	98		$	(61	)	$	141		$	84		$	13		$	110		$	238		$	(85	)	(87	)%	$	128		#		$	(71	)	(85	)%
Other	(103		)	(78		)	(124		)	(142		)	(50		)	(185		)	(316		)	53			51	%	(131		)	(71	)%	92			65	%
Total VA guaranteed benefit impact excluded from operating earnings	$	(5	)	$	(139	)	$	17		$	(58	)	$	(37	)	$	(75	)	$	(78	)	$	(32	)	#		$	(3	)	(4	)%	$	21		36	%
Total annuity net flows	$	(634	)	$	(541	)	$	(560	)	$	(768	)	$	(890	)	$	(2,485	)	$	(2,218	)	$	(256	)	(40	)%	$	267		11	%	$	(122	)	(16	)%

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

(2)Guaranteed Minimum Withdrawal Benefit (GMWB) and Guaranteed Minimum Accumulation Benefit (GMAB) only, net of variable annuity guarantee hedges, DSIC and DAC amortization.

#Variance equal to or greater than 100%.

21

Ameriprise Financial, Inc.

Annuities Segment

Third Quarter 2016

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2015			4 Qtr 2015			1 Qtr 2016			2 Qtr 2016			3 Qtr 2016			2015			2016			Diff.			%		Diff.			%		Diff.			%
Product Information
Variable Annuities
Pretax operating earnings	$	151		$	129		$	100		$	118		$	(97	)	$	415		$	121		$	(248	)	#		$	(294	)	(71	)%	$	(215	)	#
Allocated capital (1)	$	650		$	650		$	650		$	650		$	650		$	650		$	650		$	—		—		$	—		—		$	—		—
Operating return on allocated capital (2)	64.8		%	63.9		%	59.2		%	59.9		%	28.8		%	64.8		%	28.8		%	(36.0		)%			(36.0		)%			(31.1		)%
Fixed Annuities (3)
Pretax operating earnings	$	25		$	23		$	24		$	28		$	29		$	83		$	81		$	4		16	%	$	(2	)	(2	)%	$	1		4	%
Allocated capital	$	1,250		$	1,243		$	1,247		$	1,245		$	1,300		$	1,250		$	1,300		$	50		4	%	$	50		4	%	$	55		4	%
Operating return on allocated capital (2)	6.9		%	6.2		%	6.1		%	6.2		%	6.7		%	6.9		%	6.7		%	(0.2		)%			(0.2		)%			0.5		%
Variable Annuities Rollforward
Beginning balance	$	77,137		$	72,843		$	74,244		$	74,207		$	74,580		$	76,988		$	74,244		$	(2,557	)	(3	)%	$	(2,744	)	(4	)%	$	373		1	%
Deposits	1,340			1,340			1,147			1,170			1,160			3,888			3,477			(180		)	(13	)%	(411		)	(11	)%	(10		)	(1	)%
Withdrawals and terminations	(1,599		)	(1,585		)	(1,458		)	(1,682		)	(1,810		)	(4,870		)	(4,950		)	(211		)	(13	)%	(80		)	(2	)%	(128		)	(8	)%
Net flows	(259		)	(245		)	(311		)	(512		)	(650		)	(982		)	(1,473		)	(391		)	#		(491		)	(50	)%	(138		)	(27	)%
Investment performance and interest credited	(4,035		)	1,646			274			885			1,936			(3,163		)	3,095			5,971			#		6,258			#		1,051			#
Total ending balance - contract accumulation values	$	72,843		$	74,244		$	74,207		$	74,580		$	75,866		$	72,843		$	75,866		$	3,023		4	%	$	3,023		4	%	$	1,286		2	%
Variable annuities fixed sub-accounts	$	4,913		$	4,911		$	4,966		$	5,060		$	5,152		$	4,913		$	5,152		$	239		5	%	$	239		5	%	$	92		2	%
Fixed Annuities Rollforward
Beginning balance	$	11,179		$	10,886		$	10,673		$	10,503		$	10,325		$	12,137		$	10,673		$	(854	)	(8	)%	$	(1,464	)	(12	)%	$	(178	)	(2	)%
Deposits	52			63			66			53			38			123			157			(14		)	(27	)%	34			28	%	(15		)	(28	)%
Withdrawals and terminations	(427		)	(359		)	(315		)	(309		)	(278		)	(1,626		)	(902		)	149			35	%	724			45	%	31			10	%
Net flows	(375		)	(296		)	(249		)	(256		)	(240		)	(1,503		)	(745		)	135			36	%	758			50	%	16			6	%
Policyholder interest credited	82			83			79			78			78			252			235			(4		)	(5	)%	(17		)	(7	)%	—			—
Total ending balance - contract accumulation values	$	10,886		$	10,673		$	10,503		$	10,325		$	10,163		$	10,886		$	10,163		$	(723	)	(7	)%	$	(723	)	(7	)%	$	(162	)	(2	)%
Capitalized interest	$	1		$	—		$	1		$	—		$	1		$	2		$	2		$	—		—		$	—		—		$	1		—
Payout Annuities Reserve Balance	$	2,090		$	2,094		$	2,090		$	2,088		$	2,088		$	2,090		$	2,088		$	(2	)	—		$	(2	)	—		$	—		—
Tax Equivalent Spread - Fixed Annuities (4)
Gross rate of return on invested assets (5)	4.7		%	4.7		%	4.6		%	4.6		%	4.6		%	4.7		%	4.6		%	(0.1		)%			(0.1		)%			—
Crediting rate excluding capitalized interest	(3.0		)%	(3.0		)%	(3.0		)%	(3.0		)%	(3.0		)%	(3.0		)%	(3.0		)%	—					—					—
Tax equivalent margin spread	1.7		%	1.7		%	1.6		%	1.6		%	1.6		%	1.7		%	1.6		%	(0.1		)%			(0.1		)%			—
Total Variable Annuities DAC
Beginning balance	$	1,684		$	1,665		$	1,718		$	1,691		$	1,681		$	1,663		$	1,718		$	(3	)	—		$	55		3	%	$	(10	)	(1	)%
Capitalization	48			49			42			41			41			137			124			(7		)	(15	)%	(13		)	(9	)%	—			—
Non-operating amortization	(7		)	26			(16		)	2			8			1			(6		)	15			#		(7		)	#		6			#
Amortization per income statement	(62		)	(32		)	(40		)	(43		)	(64		)	(146		)	(147		)	(2		)	(3	)%	(1		)	(1	)%	(21		)	(49	)%
Other	2			10			(13		)	(10		)	—			10			(23		)	(2		)	#		(33		)	#		10			#
Total ending balance	$	1,665		$	1,718		$	1,691		$	1,681		$	1,666		$	1,665		$	1,666		$	1		—		$	1		—		$	(15	)	(1	)%
Total Fixed Annuities DAC
Beginning balance	$	69		$	72		$	87		$	70		$	57		$	67		$	87		$	(12	)	(17	)%	$	20		30	%	$	(13	)	(19	)%
Capitalization	1			1			1			2			—			2			3			(1		)	#		1			50	%	(2		)	#
Non-operating amortization	—			—			—			—			—			—			—			—			—		—			—		—			—
Amortization per income statement	(4		)	(5		)	(5		)	(5		)	(2		)	(22		)	(12		)	2			50	%	10			45	%	3			60	%
Other	6			19			(13		)	(10		)	1			25			(22		)	(5		)	(83	)%	(47		)	#		11			#
Total ending balance	$	72		$	87		$	70		$	57		$	56		$	72		$	56		$	(16	)	(22	)%	$	(16	)	(22	)%	$	(1	)	(2	)%

(1)The variable annuity allocated capital calculation takes into account the capital necessary to support the business, recognizing the established reserves and potential future interest rate changes, and includes $250M of additional contingent capital above required levels for all periods shown.

(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 capital 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 quarter of 2015 through the 3rd quarter of 2016, 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 4.6%, 4.6%, 4.5%, 4.6% and 4.6% respectively.

#Variance equal to or greater than 100%.

22

Statistical Supplement Package

(unaudited)

Third Quarter 2016

Protection Segment

23

Ameriprise Financial, Inc.

Protection Segment

Third Quarter 2016

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2015			4 Qtr 2015			1 Qtr 2016			2 Qtr 2016			3 Qtr 2016			2015			2016			Diff.			%		Diff.			%		Diff.			%
Operating Income Statements
Revenues
Management and financial advice fees	$	14		$	13		$	13		$	12		$	13		$	42		$	38		$	(1	)	(7	)%	$	(4	)	(10	)%	$	1		8	%
Distribution fees	24			26			23			25			24			71			72			—			—		1			1	%	(1		)	(4	)%
Net investment income	118			118			119			121			124			350			364			6			5	%	14			4	%	3			2	%
Premiums	339			348			345			345			350			1,015			1,040			11			3	%	25			2	%	5			1	%
Other revenues	91			103			108			101			168			298			377			77			85	%	79			27	%	67			66	%
Total revenues	586			608			608			604			679			1,776			1,891			93			16	%	115			6	%	75			12	%
Banking and deposit interest expense	—			—			—			—			—			—			—			—			—		—			—		—			—
Operating total net revenues	586			608			608			604			679			1,776			1,891			93			16	%	115			6	%	75			12	%
Expenses
Distribution expenses	12			18			12			13			(14		)	41			11			(26		)	#		(30		)	(73	)%	(27		)	#
Interest credited to fixed accounts	42			43			43			43			44			121			130			2			5	%	9			7	%	1			2	%
Benefits, claims, losses and settlement expenses	384			406			371			399			464			1,132			1,234			80			21	%	102			9	%	65			16	%
Amortization of deferred acquisition costs	50			34			39			34			97			121			170			47			94	%	49			40	%	63			#
Interest and debt expense	9			7			9			8			8			25			25			(1		)	(11	)%	—			—		—			—
General and administrative expense	64			65			65			70			69			188			204			5			8	%	16			9	%	(1		)	(1	)%
Operating expenses	561			573			539			567			668			1,628			1,774			107			19	%	146			9	%	101			18	%
Pretax operating earnings	$	25		$	35		$	69		$	37		$	11		$	148		$	117		$	(14	)	(56	)%	$	(31	)	(21	)%	$	(26	)	(70	)%
Pretax operating margin	4.3		%	5.8		%	11.3		%	6.1		%	1.6		%	8.3		%	6.2		%	(2.7		)%			(2.1		)%			(4.5		)%
Return on Capital
Allocated capital	$	2,009		$	2,045		$	2,104		$	2,105		$	2,095		$	2,009		$	2,095		$	86		4	%	$	86		4	%	$	(10	)	—
Operating return on allocated capital (1)	6.8		%	6.9		%	7.6		%	6.3		%	5.8		%	6.8		%	5.8		%	(1.0		)%			(1.0		)%			(0.5		)%
Market impact on indexed universal life benefits (2)
Risk margin and nonperformance spread impact	$	(6	)	$	7		$	(13	)	$	(2	)	$	—		$	(7	)	$	(15	)	$	6		#		$	(8	)	#		$	2		#
Other	5			(6		)	32			7			7			5			46			2			40	%	41			#		—			—
Total market impact on indexed universal life benefits excluded from operating earnings	$	(1	)	$	1		$	19		$	5		$	7		$	(2	)	$	31		$	8		#		$	33		#		$	2		40	%
Product Information
Long Term Care
Pretax operating earnings	$	7		$	(6	)	$	1		$	(1	)	$	(73	)	$	(9	)	$	(73	)	$	(80	)	#		$	(64	)	#		$	(72	)	#
Allocated capital	$	568		$	591		$	600		$	600		$	579		$	568		$	579		$	11		2	%	$	11		2	%	$	(21	)	(4	)%
Operating return on allocated capital (1)	(1.1		)%	(1.9		)%	2.2		%	0.1		%	(11.8		)%	(1.1		)%	(11.8		)%	(10.7		)%			(10.7		)%			(11.9		)%
Protection excluding Long Term Care
Pretax operating earnings	$	18		$	41		$	68		$	38		$	84		$	157		$	190		$	66		#		$	33		21	%	$	46		#
Allocated capital	$	1,441		$	1,454		$	1,504		$	1,505		$	1,516		$	1,441		$	1,516		$	75		5	%	$	75		5	%	$	11		1	%
Operating return on allocated capital (1)	9.9		%	10.4		%	9.7		%	8.8		%	12.7		%	9.9		%	12.7		%	2.8		%			2.8		%			3.9		%

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

(2)Market impact on indexed universal life benefits, net of hedges and the related DAC amortization, unearned revenue amortization, and the reinsurance accrual.

#Variance equal to or greater than 100%.

24

Ameriprise Financial, Inc.

Protection Segment

Third Quarter 2016

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2015			4 Qtr 2015			1 Qtr 2016			2 Qtr 2016			3 Qtr 2016			2015			2016			Diff.			%		Diff.			%		Diff.			%
Cash Sales
VUL / UL (1)	$	81		$	91		$	66		$	66		$	70		$	233		$	202		$	(11	)	(14	)%	$	(31	)	(13	)%	$	4		6	%
Term and whole life	2			3			2			3			2			6			7			—			—		1			17	%	(1		)	(33	)%
Disability insurance	1			2			1			1			1			3			3			—			—		—			—		—			—
Auto and home	288			267			256			276			294			820			826			6			2	%	6			1	%	18			7	%
Total cash sales	$	372		$	363		$	325		$	346		$	367		$	1,062		$	1,038		$	(5	)	(1	)%	$	(24	)	(2	)%	$	21		6	%
VUL / UL Policyholder Account Balances
Beginning balance	$	11,408		$	10,931		$	11,170		$	11,170		$	11,236		$	11,283		$	11,170		$	(172	)	(2	)%	$	(113	)	(1	)%	$	66		1	%
Premiums and deposits	255			281			240			246			245			761			731			(10		)	(4	)%	(30		)	(4	)%	(1		)	—
Investment performance and interest	(431		)	260			47			129			281			(215		)	457			712			#		672			#		152			#
Withdrawals and surrenders	(301		)	(300		)	(288		)	(307		)	(302		)	(899		)	(897		)	(1		)	—		2			—		5			2	%
Other	—			(2		)	1			(2		)	1			1			—			1			—		(1		)	#		3			#
Total ending balance	$	10,931		$	11,170		$	11,170		$	11,236		$	11,461		$	10,931		$	11,461		$	530		5	%	$	530		5	%	$	225		2	%
Premiums by Product
Term and whole life	$	6		$	11		$	11		$	12		$	11		$	29		$	34		$	5		83	%	$	5		17	%	$	(1	)	(8	)%
Disability insurance	37			37			36			37			37			112			110			—			—		(2		)	(2	)%	—			—
Long term care	27			29			27			27			27			81			81			—			—		—			—		—			—
Auto and home	264			266			265			264			270			777			799			6			2	%	22			3	%	6			2	%
Intercompany premiums	5			5			6			5			5			16			16			—			—		—			—		—			—
Total premiums by product	$	339		$	348		$	345		$	345		$	350		$	1,015		$	1,040		$	11		3	%	$	25		2	%	$	5		1	%
Auto and Home Insurance
Policy count (thousands)	958			957			957			956			950			958			950			(8		)	(1	)%	(8		)	(1	)%	(6		)	(1	)%
Loss ratio	93.2		%	109.7		%	91.8		%	99.6		%	89.9		%	93.6		%	93.7		%	(3.3		)%			0.1		%			(9.7		)%
Expense ratio	16.8		%	16.9		%	18.4		%	18.7		%	18.3		%	16.8		%	18.5		%	1.5		%			1.7		%			(0.4		)%
Combined ratio	110.0		%	126.6		%	110.2		%	118.3		%	108.2		%	110.4		%	112.2		%	(1.8		)%			1.8		%			(10.1		)%
DAC Rollforward
Life and Health
Beginning balance	$	876		$	867		$	889		$	860		$	833		$	851		$	889		$	(43	)	(5	)%	$	38		4	%	$	(27	)	(3	)%
Capitalization	22			24			20			19			46			62			85			24			#		23			37	%	27			#
Non-operating amortization	(6		)	(2		)	(6		)	(2		)	(4		)	(2		)	(12		)	2			33	%	(10		)	#		(2		)	#
Amortization per income statement	(34		)	(17		)	(22		)	(17		)	(80		)	(73		)	(119		)	(46		)	#		(46		)	(63	)%	(63		)	#
Other	9			17			(21		)	(27		)	(12		)	29			(60		)	(21		)	#		(89		)	#		15			56	%
Total ending balance	$	867		$	889		$	860		$	833		$	783		$	867		$	783		$	(84	)	(10	)%	$	(84	)	(10	)%	$	(50	)	(6	)%
Life Insurance in Force	$	195,862		$	196,339		$	196,153		$	196,065		$	195,987		$	195,862		$	195,987		$	125		—		$	125		—		$	(78	)	—
Net Amount at Risk	$	40,789		$	40,783		$	40,361		$	40,345		$	40,696		$	40,789		$	40,696		$	(93	)	—		$	(93	)	—		$	351		1	%
Net Policyholder Reserves
VUL / UL	$	10,148		$	10,380		$	10,379		$	10,461		$	10,700		$	10,148		$	10,700		$	552		5	%	$	552		5	%	$	239		2	%
Term and whole life	213			207			206			206			205			213			205			(8		)	(4	)%	(8		)	(4	)%	(1		)	—
Disability insurance	527			527			520			517			520			527			520			(7		)	(1	)%	(7		)	(1	)%	3			1	%
Long term care and other	2,770			2,788			2,797			2,811			2,866			2,770			2,866			96			3	%	96			3	%	55			2	%
Auto and home loss and LAE reserves	504			569			596			616			616			504			616			112			22	%	112			22	%	—			—
Total net policyholder reserves	$	14,162		$	14,471		$	14,498		$	14,611		$	14,907		$	14,162		$	14,907		$	745		5	%	$	745		5	%	$	296		2	%

(1)Includes lump sum deposits.

#Variance equal to or greater than 100%.

25

Statistical Supplement Package

(unaudited)

Third Quarter 2016

Corporate & Other Segment

26

Ameriprise Financial, Inc.

Corporate & Other Segment

Third Quarter 2016

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2015			4 Qtr 2015			1 Qtr 2016			2 Qtr 2016			3 Qtr 2016			2015			2016			Diff.			%		Diff.			%		Diff.			%
Operating Income Statements
Revenues
Management and financial advice fees	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		—		$	—		—		$	—		—
Distribution fees	—			—			—			—			—			—			—			—			—		—			—		—			—
Net investment income	(5		)	12			1			(6		)	(18		)	(22		)	(23		)	(13		)	#		(1		)	(5	)%	(12		)	#
Premiums	—			—			—			—			—			—			—			—			—		—			—		—			—
Other revenues	1			3			1			(1		)	4			10			4			3			#		(6		)	(60	)%	5			#
Total revenues	(4		)	15			2			(7		)	(14		)	(12		)	(19		)	(10		)	#		(7		)	(58	)%	(7		)	#
Banking and deposit interest expense	—			—			—			—			1			—			1			1			—		1			—		1			—
Operating total net revenues	(4		)	15			2			(7		)	(15		)	(12		)	(20		)	(11		)	#		(8		)	(67	)%	(8		)	#
Expenses
Distribution expenses	—			—			—			—			—			—			—			—			—		—			—		—			—
Interest credited to fixed accounts	—			—			—			—			—			—			—			—			—		—			—		—			—
Benefits, claims, losses and settlement expenses	—			—			—			—			—			—			—			—			—		—			—		—			—
Amortization of deferred acquisition costs	—			—			—			—			—			—			—			—			—		—			—		—			—
Interest and debt expense	3			10			4			5			5			12			14			2			67	%	2			17	%	—			—
General and administrative expense	35			43			48			64			52			137			164			17			49	%	27			20	%	(12		)	(19	)%
Operating expenses	38			53			52			69			57			149			178			19			50	%	29			19	%	(12		)	(17	)%
Pretax operating loss	$	(42	)	$	(38	)	$	(50	)	$	(76	)	$	(72	)	$	(161	)	$	(198	)	$	(30	)	(71	)%	$	(37	)	(23	)%	$	4		5	%

#Variance equal to or greater than 100%.

27

Ameriprise Financial, Inc.

Eliminations (1)

Third Quarter 2016

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 3Q					YTD Chg - 3Q					Seq Qtr Chg - 3Q
(in millions unless otherwise noted, unaudited)	3 Qtr 2015			4 Qtr 2015			1 Qtr 2016			2 Qtr 2016			3 Qtr 2016			2015			2016			Diff.			%		Diff.			%		Diff.			%
Operating Income Statements
Revenues
Management and financial advice fees	$	(35	)	$	(34	)	$	(33	)	$	(34	)	$	(34	)	$	(103	)	$	(101	)	$	1		3	%	$	2		2	%	$	—		—
Distribution fees	(327		)	(332		)	(302		)	(310		)	(314		)	(976		)	(926		)	13			4	%	50			5	%	(4		)	(1	)%
Net investment income	—			(1		)	—			—			(1		)	—			(1		)	(1		)	—		(1		)	—		(1		)	—
Premiums	(4		)	(4		)	(5		)	(5		)	(5		)	(11		)	(15		)	(1		)	(25	)%	(4		)	(36	)%	—			—
Other revenues	—			—			—			—			—			—			—			—			—		—			—		—			—
Total revenues	(366		)	(371		)	(340		)	(349		)	(354		)	(1,090		)	(1,043		)	12			3	%	47			4	%	(5		)	(1	)%
Banking and deposit interest expense	—			—			—			—			(1		)	—			(1		)	(1		)	—		(1		)	—		(1		)	—
Operating total net revenues	(366		)	(371		)	(340		)	(349		)	(353		)	(1,090		)	(1,042		)	13			4	%	48			4	%	(4		)	(1	)%
Expenses
Distribution expenses	(351		)	(355		)	(324		)	(333		)	(336		)	(1,046		)	(993		)	15			4	%	53			5	%	(3		)	(1	)%
Interest credited to fixed accounts	—			—			—			—			—			—			—			—			—		—			—		—			—
Benefits, claims, losses and settlement expenses	—			—			—			—			—			—			—			—			—		—			—		—			—
Amortization of deferred acquisition costs	—			—			—			—			—			—			—			—			—		—			—		—			—
Interest and debt expense	—			—			—			—			—			—			—			—			—		—			—		—			—
General and administrative expense	(15		)	(16		)	(16		)	(16		)	(17		)	(44		)	(49		)	(2		)	(13	)%	(5		)	(11	)%	(1		)	(6	)%
Operating expenses	(366		)	(371		)	(340		)	(349		)	(353		)	(1,090		)	(1,042		)	13			4	%	48			4	%	(4		)	(1	)%
Pretax operating earnings	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		—		$	—		—		$	—		—

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

28

Statistical Supplement Package

(unaudited)

Third Quarter 2016

Balance Sheet and Ratings Information

29

Ameriprise Financial, Inc.

Consolidated Balance Sheets

Third Quarter 2016

(in millions, unaudited)	September 30, 2015			December 31, 2015			March 31, 2016			June 30, 2016			September 30, 2016
Assets
Cash and cash equivalents	$	2,780		$	2,357		$	2,649		$	2,819		$	3,075
Cash of consolidated investment entities	790			502			146			231			254
Investments	34,746			34,144			34,643			35,265			35,875
Investments of consolidated investment entities	6,977			6,570			2,511			2,605			2,573
Separate account assets	78,636			80,349			80,182			80,230			81,511
Receivables	5,187			5,167			5,232			5,171			5,322
Receivables of consolidated investment entities	102			107			63			19			14
Deferred acquisition costs	2,634			2,725			2,650			2,600			2,534
Restricted and segregated cash and investments	2,703			2,949			2,900			2,866			2,962
Other assets	8,609			8,384			9,274			10,877			9,502
Other assets of consolidated investment entities	2,129			2,065			—			1			1
Total Assets	$	145,293		$	145,319		$	140,250		$	142,684		$	143,623
Liabilities
Policyholder account balances, future policy benefits and claims	$	30,046		$	29,699		$	30,515		$	31,242		$	31,469
Separate account liabilities	78,636			80,349			80,182			80,230			81,511
Customer deposits	8,046			8,634			8,876			9,132			9,442
Short-term borrowings	200			200			200			200			200
Long-term debt	3,003			2,692			2,683			2,452			2,934
Debt of consolidated investment entities	7,915			7,531			2,673			2,749			2,710
Accounts payable and accrued expenses	1,435			1,552			1,254			1,337			1,498
Accounts payable and accrued expenses of consolidated investment entities	62			54			—			—			—
Other liabilities	6,567			5,965			6,745			8,165			6,951
Other liabilities of consolidated investment entities	562			238			29			88			112
Total Liabilities	136,472			136,914			133,157			135,595			136,827
Equity
Ameriprise Financial
Common shares ($.01 par)	3			3			3			3			3
Additional paid-in capital	7,557			7,611			7,610			7,659			7,709
Retained earnings	9,319			9,551			9,799			10,007			10,098
Appropriated retained earnings of consolidated investment entities	174			137			—			—			—
Treasury stock	(9,885		)	(10,338		)	(10,761		)	(11,218		)	(11,609		)
Accumulated other comprehensive income, net of tax	461			253			442			638			595
Total Ameriprise Financial Shareholders’ Equity	7,629			7,217			7,093			7,089			6,796
Noncontrolling interests	1,192			1,188			—			—			—
Total Equity	8,821			8,405			7,093			7,089			6,796
Total Liabilities and Equity	$	145,293		$	145,319		$	140,250		$	142,684		$	143,623

30

Ameriprise Financial, Inc.

Capital and Ratings Information

Third Quarter 2016

(in millions unless otherwise noted, unaudited)	September 30, 2015			December 31, 2015			March 31, 2016			June 30, 2016			September 30, 2016
Long-term Debt Summary
Senior notes	$	2,700		$	2,350		$	2,350		$	2,350		$	2,850
Junior subordinated notes	253			245			229			—			—
Capital lease obligations	—			60			58			55			52
Fair value of hedges, unamortized discount and debt issuance costs	50			37			46			47			32
Total Ameriprise Financial long-term debt	3,003			2,692			2,683			2,452			2,934
Non-recourse debt of consolidated investment entities	7,915			7,531			2,673			2,749			2,710
Total long-term debt	$	10,918		$	10,223		$	5,356		$	5,201		$	5,644
Total Ameriprise Financial long-term debt	$	3,003		$	2,692		$	2,683		$	2,452		$	2,934
Fair value of hedges, unamortized discount and debt issuance costs	(50		)	(37		)	(46		)	(47		)	(32		)
Capital lease obligations	—			(60		)	(58		)	(55		)	(52		)
Total Ameriprise Financial long-term debt excluding fair value of hedges, unamortized discount, debt issuance costs and capital lease obligations (1)	$	2,953		$	2,595		$	2,579		$	2,350		$	2,850
Total equity (2)	$	8,821		$	8,405		$	7,093		$	7,089		$	6,796
Noncontrolling interests	(1,192		)	(1,188		)	—			—			—
Total Ameriprise Financial shareholders’ equity	7,629			7,217			7,093			7,089			6,796
Equity of consolidated investment entities	(162		)	(131		)	(1		)	—			—
Total Ameriprise Financial shareholders’ equity excluding CIEs (1)	$	7,467		$	7,086		$	7,092		$	7,089		$	6,796
Total Ameriprise Financial capital	$	10,632		$	9,909		$	9,776		$	9,541		$	9,730
Total Ameriprise Financial capital excluding fair value of hedges, unamortized discount, debt issuance costs, capital lease obligations and equity of CIEs (1)	$	10,420		$	9,681		$	9,671		$	9,439		$	9,646
Debt to capital
Total Ameriprise Financial long-term debt to total Ameriprise Financial capital	28.2		%	27.2		%	27.4		%	25.7		%	30.2		%
Total Ameriprise Financial long-term debt to total Ameriprise Financial capital excluding fair value of hedges, unamortized discount, debt issuance costs, capital lease obligations and equity of CIEs (1)	28.3		%	26.8		%	26.7		%	24.9		%	29.5		%
Ratings (as of September 30, 2016 earnings release date)	A.M. Best Company			Standard & Poor’s Rating Services			Moody’s Investors Service, Inc.
Claims Paying Ratings (3)
RiverSource Life Insurance Company	A+			AA-			Aa3
IDS Property Casualty Ins. Company	A			N/R			N/R
Debt Ratings (3)
Ameriprise Financial, Inc.	a-			A			A3

(1)See non-GAAP financial information on pg 33.  Non-GAAP financial measure reconciliations can be found on page 45.

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

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

N/R - Not Rated.

31

Ameriprise Financial, Inc.

Ameriprise Financial Investments (1)

Third Quarter 2016

(in millions unless otherwise noted, unaudited)	September 30, 2015			December 31, 2015			March 31, 2016			June 30, 2016			September 30, 2016
Cash and cash equivalents	$	2,780		$	2,357		$	2,649		$	2,819		$	3,075
Investments - Ending Balances
Available-for-Sale Securities
Corporate debt securities	16,898			16,348			16,603			16,450			16,552
Residential mortgage backed securities	6,008			5,973			6,138			6,538			6,862
Commercial mortgage backed securities	2,499			2,456			2,617			2,964			3,089
Asset backed securities	1,302			1,296			1,389			1,419			1,504
Total mortgage and other asset backed securities	9,809			9,725			10,144			10,921			11,455
State and municipal obligations	2,259			2,290			2,385			2,480			2,488
US government and agencies obligations	72			68			59			13			10
Foreign government bonds and obligations	230			224			272			276			275
Common and preferred stocks	18			18			17			18			19
Total other	2,579			2,600			2,733			2,787			2,792
Total available-for-sale securities	29,286			28,673			29,480			30,158			30,799
Commercial mortgage loans	2,757			2,755			2,747			2,713			2,682
Allowance for loan losses	(22		)	(21		)	(21		)	(21		)	(21		)
Commercial mortgage loans, net	2,735			2,734			2,726			2,692			2,661
Residential mortgage loans	649			627			330			326			314
Allowance for loan losses	(2		)	(2		)	(1		)	(1		)	(1		)
Residential mortgage loans, net	647			625			329			325			313
Policy loans	824			824			828			830			835
Other investments	1,254			1,288			1,280			1,260			1,267
Total investments	34,746			34,144			34,643			35,265			35,875
Total cash, cash equivalents and investments	$	37,526		$	36,501		$	37,292		$	38,084		$	38,950
Net unrealized gain Available-for-Sale Securities	$	1,393		$	921		$	1,426		$	1,986		$	2,058
AFS Fixed Maturity Asset Quality - %
AAA	25		%	25		%	26		%	28		%	29		%
AA	6		%	7		%	6		%	7		%	7		%
AFS securities AA and above	31		%	32		%	32		%	35		%	36		%
A	20		%	19		%	19		%	19		%	19		%
BBB	44		%	43		%	42		%	41		%	40		%
Below investment grade	5		%	6		%	7		%	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		%	6		%	7		%	6		%	5		%

(1)   Investments excluding investments of CIEs.

32

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 6, 15, 44 and 45.

These non-GAAP measures include:

· Adjusted net pretax operating margin;

· Adjusted operating earnings;

· Adjusted operating revenues;

· Ameriprise Financial shareholders’ equity excluding AOCI;

· Ameriprise Financial shareholders’ equity excluding CIEs;

· Ameriprise Financial shareholders’ equity excluding CIEs and AOCI;

· Basic operating earnings per share;

· Effective tax rate excluding noncontrolling interests;

· Operating earnings;

· Operating earnings per diluted share;

· Operating effective tax rate;

· Operating return on equity excluding AOCI;

· Operating total net revenues;

· Pretax operating earnings;

· Pretax operating margin;

· Return on equity excluding AOCI;

· Total Ameriprise Financial capital excluding fair value of hedges, unamortized discount, debt issuance costs, capital lease obligations and equity of CIEs;

· Total Ameriprise Financial long-term debt excluding fair value of hedges, unamortized discount, debt issuance costs and capital lease obligations;

· Total Ameriprise Financial long-term debt to total Ameriprise Financial capital excluding fair value of hedges, unamortized discount, debt issuance costs, capital lease obligations and equity of CIEs

Reclassification

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

33

Ameriprise Financial, Inc.

Glossary of Selected Terminology - Segments

Advice & Wealth Management - This segment provides financial planning and advice, as well as full service brokerage services, primarily to retail clients through our advisors. These services are centered on long-term, personal relationships between our advisors and our clients and focus on helping clients confidently achieve their financial goals. Our advisors provide a distinctive approach to financial planning and have access to a broad 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 owned assets primarily from certificate products. This segment earns revenues (distribution fees) for providing non-affiliated products and intersegment revenues (distribution fees) for providing 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. This segment also includes the results of operation for Ameriprise National Trust Bank, which terminated its deposit-taking and credit-originating activities in the fourth quarter of 2012.

Asset Management - This segment provides investment advice and investment products to retail, high net worth and institutional clients on a global scale through Columbia Threadneedle Investments. We provide clients with U.S. domestic individual products through unaffiliated third-party financial institutions and through our Advice & Wealth Management segment, and we provide institutional products and services through our institutional sales force. International retail products are primarily distributed through third-party financial institutions and unaffiliated financial advisors. Individual products include U.S. mutual funds and their non-U.S. equivalents, exchange-traded 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, collateralized loan obligations, hedge funds, collective funds and property funds. Collateralized loan obligations, hedge funds and certain private funds are often classified as alternative assets. Revenues in this segment are primarily earned as fees based on managed asset balances, which are impacted by market movements, net asset flows, asset allocation and product mix. We may also earn performance fees from certain accounts where investment performance meets or exceeds certain pre-identified targets. In addition our Asset Management segment provides all intercompany asset management services for Ameriprise Financial subsidiaries. The fees for 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 RiverSource variable and fixed annuity products to individual clients. RiverSource Life Insurance Company and RiverSource Life Insurance Co. of New York provide variable annuity products through our advisors, and our fixed annuity products are distributed through both affiliated and unaffiliated advisors and financial institutions. These products are designed to help individuals address their asset accumulation and income goals.  Revenues for our variable annuity products are primarily earned as fees based on underlying account balances, which are impacted by both market movements and net asset flows. Revenues for our fixed annuity products are primarily earned as net investment income on assets supporting fixed account balances, with profitability significantly impacted by the spread between net investment income earned and interest credited on the fixed account balances. We also earn net investment income on owned assets supporting reserves for immediate annuities and for certain guaranteed benefits offered with variable annuities and on capital supporting the business. Intersegment revenues for this segment reflect fees paid by our Asset Management segment for marketing support and other services provided in connection with the availability of VIT 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 provides a variety of products to address the protection and risk management needs of our retail clients, including life, disability income and property-casualty insurance. These products are designed to provide a lifetime of solutions that allow clients to protect income, grow assets and give to loved ones or charity. Life and disability income products are primarily provided through our advisors. Our property-casualty products are sold primarily through affinity relationships. We issue insurance policies through our life insurance subsidiaries and property casualty companies (IDS Property Casualty Insurance Company and its subsidiary, Ameriprise Insurance Company). 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 owned assets supporting insurance reserves and capital supporting the business. We also receive fees based on the level of assets supporting variable universal life separate account balances. This segment earns intersegment revenues from fees paid by our Asset Management segment for marketing support and other services provided in connection with the availability of VIT 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 or loss on corporate level assets, including excess capital held in our subsidiaries and other unallocated equity and other revenues as well as unallocated corporate expenses.

34

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 - Asset management segment operating total net revenues less pass through distribution revenue and subadvisory and other pass through revenues.

Affiliated General Account Assets - Balance sheet assets from various affiliates managed and reported by Columbia.

Allocated Capital - The internal allocation of Total Ameriprise Financial Capital, excluding accumulated other comprehensive income (loss), CIEs, and capital lease obligations, fair value of hedges, debt issuance costs and unamortized discount on Ameriprise Financial long-term debt, is based on management’s best estimate of capital required to support the business. Estimates reflect the higher of regulatory or rating agency capital requirements, and include capital held for some stress contingencies.  Capital is allocated to our operating segments for the purpose of measuring segment return on allocated capital.  For the Corporate & Other segment, allocated capital also includes any capital available after capital has been allocated to the operating segments. Allocated capital is not adjusted for non-operating items except for CIEs.

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

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

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

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

Consolidated Investment Entities (“CIEs”) - CIEs include variable interest entities, such as property funds and CLOs, 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 direct costs of acquiring new protection and annuity contracts, principally direct sales commissions and other distribution and underwriting costs that have been deferred on the sale of life, disability income, long term care, auto, and home insurance and annuities.  DAC also includes deferred direct sales commissions on certain mutual fund products. These costs are deferred to the extent they are directly related to the acquisition of new business and are recoverable from future profits.

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

Market Impact of Hedges on Investments - The market impact of hedges to offset interest rate changes on unrealized gains or losses for certain investments.

Market Impact on Indexed Universal Life Benefits - The impact of changes in financial market conditions on benefit costs associated with indexed universal life benefits accounted for as embedded derivatives, net of changes in associated economic hedge values and net of related impacts on DAC amortization, unearned revenue amortization, and the reinsurance accrual.  This market impact includes the risk margin and nonperformance spread impact.

Market Impact on Variable Annuity Guaranteed 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 economic hedge values and unhedged items including the difference between assumed and actual underlying separate account investment performance, fixed income credit exposures, transaction costs and certain policyholder contract elections, net of related impacts on DAC and DSIC amortization.  The market impact includes the risk margin and nonperformance spread impact.

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

35

Ameriprise Financial, Inc.

Glossary of Selected Terminology

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

Net New Flows - Retail fund inflows less outflows.

Net Realized Investment Gains (Losses) - The net of realized investment gains and realized investment losses, net of DSIC and DAC amortization, unearned revenue amortization and the reinsurance accrual.

Operating Earnings - Net income attributable to Ameriprise Financial excluding integration/restructuring charges, net of tax, market impact on variable annuity guaranteed benefits and indexed universal life benefits, net of tax, market impact of hedges on investments, net of tax, income (loss) from discontinued operations, net of tax, net realized investment gains (losses), net of tax and net income (loss) from consolidated investment entities.

Operating Expenses - Total expenses excluding integration/restructuring charges, market impact on variable annuity guaranteed benefits, market impact on indexed universal life benefits, DAC and DSIC offsets to net realized investment gains (losses) and expense from consolidated investment entities.

Operating Net Investment Income - Net investment income excluding net realized investment gains (losses), market impact of hedges on investments and net investment income from consolidated investment entities.

Operating Return on Allocated Capital - Calculated using operating earnings subject to the quarterly operating effective tax rate for the last four quarters in the numerator and the average allocated capital as of the last day of the trailing four quarters and current quarter in the denominator.  Operating earnings for each product line are based on the target level of assets which are based on management’s best estimate after considering regulatory and rating agency requirements.

Operating Total Net Revenues - Total net revenues excluding net realized investment gains (losses), indexed universal life market impact on reinsurance and unearned revenue, market impact of hedges on investments, revenue from consolidated investment entities and integration/restructuring.

Pretax Operating Earnings - Income from continuing operations before income tax provision excluding net realized investment gains (losses), integration/restructuring charges, market impact on variable annuity guaranteed benefits, market impact on indexed universal life benefits, market impact of hedges on investments and pretax income (loss) from consolidated investment entities.

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

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

Risk Margin and Nonperformance Spread Impact - The portion of the market impact on variable annuity guaranteed benefits and indexed universal life benefits related to liability valuation adjustments made in accordance with Financial Accounting Standards Board Accounting Standards Codification 820, Fair Value Measurements and Disclosures (“ASC 820”) 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, net of related impacts on DAC, DSIC and unearned revenue as well as a reinsurance accrual for indexed universal life.

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 excluding fair value of hedges, unamortized discount, debt issuance costs, capital lease obligations 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 ratios excluding fair value of hedges, unamortized discount, debt issuance costs, capital lease obligations and equity of consolidated investment entities.

Wrap Accounts - Wrap accounts enable our clients to purchase other securities such as mutual funds in connection with 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 wrap accounts. In a discretionary wrap account, an unaffiliated investment advisor or our investment management subsidiary, Columbia Management Investment Advisers, 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 a fee based on the advisory 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.

36

Exhibit A

Statistical Supplement Package

(unaudited)

Third Quarter 2016

Disclosed Items

37

Ameriprise Financial, Inc.

Disclosed Items

3 Qtr 2016

Excluded from Operating Earnings

	Advice & Wealth Management		Annuities					Protection						Corporate and Eliminations
					Market Impact on						Market Impact on						Market Impact
	Securities		Securities		VA Guaranteed			Securities			Indexed Universal						of Hedges
(in millions, unaudited)	Gains/(Losses) (1)		Gains/(Losses) (1)		Benefits (2)			Gains/(Losses) (1)			Life Benefits (3)			CIEs (4)			on Investments (5)
Revenues
Management and financial advice fees	$	—	$	—	$	—		$	—		$	—		$	(4	)	$	—
Distribution fees	—		—		—			—			—			—			—
Net investment income	5		2		—			(1		)	—			31			5
Premiums	—		—		—			—			—			—			—
Other revenues	—		—		—			—			6			—			—
Total revenues	5		2		—			(1		)	6			27			5
Banking and deposit interest expense	—		—		—			—			—			—			—
Total net revenues	5		2		—			(1		)	6			27			5
Expenses
Distribution expenses	—		—		—			—			—			—			—
Interest credited to fixed accounts	—		—		—			—			(5		)	—			—
Benefits, claims, losses and settlement expenses	—		—		45			—			—			—			—
Amortization of deferred acquisition costs	—		—		(8		)	—			4			—			—
Interest and debt expense	—		—		—			—			—			25			—
General and administrative expense	—		—		—			—			—			2			—
Total expenses	—		—		37			—			(1		)	27			—
Pretax segment income (loss)	5		2		(37		)	(1		)	7			—			5
Less: Net income (loss) attributable to noncontrolling interest	—		—		—			—			—			—			—
Pretax segment gain (loss) attributable to Ameriprise Financial	$	5	$	2	$	(37	)	$	(1	)	$	7		$	—		$	5

Included in Operating Earnings

	Annuities						Protection															Corporate
	Valuation			Market			Valuation			Auto & Home			Auto & Home			Long Term Care			Market			Department of			Affordable Housing
	Assumption &			Impacts			Assumption &			Catastrophe			Prior Year Reserve			Claim Reserve			Impacts			Labor Implementation			Investment
(in millions, unaudited)	Model Changes (6)			to DAC/DSIC (7)			Model Changes (6)			Losses (8)			Development (9)			Adjustment (10)			to DAC/DSIC (7)			Costs (11)			Adjustment (12)
Revenues
Management and financial advice fees	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—
Distribution fees	—			—			—			—			—			—			—			—			—
Net investment income	—			—			—			—			—			—			—			—			(7		)
Premiums	—			—			—			—			—			—			—			—			—
Other revenues	—			—			64			—			—			—			—			—			—
Total revenues	—			—			64			—			—			—			—			—			(7		)
Banking and deposit interest expense	—			—			—			—			—			—			—			—			—
Operating total net revenues	—			—			64			—			—			—			—			—			(7		)
Expenses
Distribution expenses	—			—			(27		)	—			—			—			—			—			—
Interest credited to fixed accounts	—			—			—			—			—			—			—			—			—
Benefits, claims, losses and settlement expenses	197			(2		)	46			29			(10		)	29						—			—
Amortization of deferred acquisition costs	18			(7		)	65			—			—			—			(1		)	—			—
Interest and debt expense	—			—			—			—			—			—			—			—			—
General and administrative expense	—			—			—			—			—			—			—			7			—
Operating expenses	215			(9		)	84			29			(10		)	29			(1		)	7			—
Pretax operating earnings	$	(215	)	$	9		$	(20	)	$	(29	)	$	10		$	(29	)	$	1		$	(7	)	$	(7	)

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

(2)Variable annuity guaranteed benefit impacts include:

$45 million net expense related to hedged variable annuity benefits

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

(3)Indexed universal life benefit impacts include:

$5 million net benefit related to hedged indexed universal life benefits

$4 million increase in DAC amortization resulting from hedged indexed universal life benefits

$6 million increase in unearned revenue reserve amortization and reinsurance accrual from hedged indexed universal life benefits

(4)Reflects revenues and expenses of Consolidated Investment Entities

(5)The market impact of hedges to offset interest rate changes on unrealized gains or losses for certain investments

(6)Net pretax impact of model changes and the annual review/updating of valuation assumptions, including the annual long term care review

(7)Decrease in DAC and DSIC amortization from higher than projected separate account growth

(8)Total auto and home catastrophe losses for the quarter, which were $7M higher than expectations

(9)Auto and home prior year reserve development

(10)Long term care correction related to a claim utilization assumption

(11)Incremental expense related to the planning and implementation for the new Department of Labor fiduciary standard

(12)Adjustment for an affordable housing investment to align it with the remaining tax benefit cash flows

38

Ameriprise Financial, Inc.

Disclosed Items

2 Qtr 2016

Excluded from Operating Earnings

	Annuities					Protection					Corporate and Eliminations
			Market Impact on					Market Impact on						Market Impact
	Securities		VA Guaranteed			Securities		Indexed Universal						of Hedges
(in millions, unaudited)	Gains/(Losses) (1)		Benefits (2)			Gains/(Losses) (1)		Life Benefits (3)			CIEs (4)			on Investments (5)
Revenues
Management and financial advice fees	$	—	$	—		$	—	$	—		$	(4	)	$	—
Distribution fees	—		—			—		—			—			—
Net investment income	2		—			3		—			30			(19		)
Premiums	—		—			—		—			—			—
Other revenues	—		—			—		3			—			—
Total revenues	2		—			3		3			26			(19		)
Banking and deposit interest expense	—		—			—		—			—			—
Total net revenues	2		—			3		3			26			(19		)
Expenses
Distribution expenses	—		—			—		—			—			—
Interest credited to fixed accounts	—		—			—		(4		)	—			—
Benefits, claims, losses and settlement expenses	—		60			—		—			—			—
Amortization of deferred acquisition costs	—		(2		)	—		2			—			—
Interest and debt expense	—		—			—		—			24			—
General and administrative expense	—		—			—		—			1			—
Total expenses	—		58			—		(2		)	25			—
Pretax segment income (loss)	2		(58		)	3		5			1			(19		)
Less: Net income (loss) attributable to noncontrolling interest	—		—			—		—			—			—
Pretax segment gain (loss) attributable to Ameriprise Financial	$	2	$	(58	)	$	3	$	5		$	1		$	(19	)

Included in Operating Earnings

	Asset Management			Annuities			Protection			Corporate									Consolidated
				Market			Auto & Home						Department of
	Resolution of			Impacts			Catastrophe			Resolution of			Labor Implementation			Loss on Sale of			Tax
(in millions, unaudited)	Legal Matter (6)			to DAC/DSIC (7)			Losses (8)			Legal Matter (6)			Costs (9)			Real Estate (10)			Benefit (11)
Revenues
Management and financial advice fees	$	—		$	—		$	—		$	—		$	—		$	—		$	—
Distribution fees	—			—			—			—			—			—			—
Net investment income	—			—			—			—			—			—			—
Premiums	—			—			—			—			—			—			—
Other revenues	—			—			—			—			—			(4		)	—
Total revenues	—			—			—			—			—			(4		)	—
Banking and deposit interest expense	—			—			—			—			—			—			—
Operating total net revenues	—			—			—			—			—			(4		)	—
Expenses
Distribution expenses	—			—			—			—			—			—			—
Interest credited to fixed accounts	—			—			—			—			—			—			—
Benefits, claims, losses and settlement expenses	—			—			37						—			—			—
Amortization of deferred acquisition costs	—			(1		)	—			—			—			—			—
Interest and debt expense	—			—			—			—			—			—			—
General and administrative expense	9			—			—			14			7			—			—
Operating expenses	9			(1		)	37			14			7			—			—
Pretax operating earnings	$	(9	)	$	1		$	(37	)	$	(14	)	$	(7	)	$	(4	)	$	—
Tax benefit																			$	17

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

(2)Variable annuity guaranteed benefit impacts include:

$61 million net expense related to hedged variable annuity benefits

$3 million decrease in DAC and DSIC amortization resulting from hedged benefits

(3)Indexed universal life benefit impacts include:

$4 million net benefit related to hedged indexed universal life benefits

$2 million increase in DAC amortization resulting from hedged indexed universal life benefits

$3 million increase in unearned revenue reserve amortization and reinsurance accrual from hedged indexed universal life benefits

(4)Reflects revenues and expenses of Consolidated Investment Entities

(5)The market impact of hedges to offset interest rate changes on unrealized gains or losses for certain investments

(6)Resolution of a legacy legal matter related to the hedge fund business

(7)Decrease in DAC and DSIC amortization from higher than projected separate account growth

(8)Total auto and home catastrophe losses for the quarter

(9)Incremental expense related to the planning and implementation for the new Department of Labor fiduciary standard

(10)Loss associated with the sale of operations center real estate

(11)Benefit from completion of tax audits from previous years

39

Ameriprise Financial, Inc.

Disclosed Items

1 Qtr 2016

Excluded from Operating Earnings

	Advice & Wealth Management			Asset Management			Annuities						Protection					Corporate and Eliminations
										Market Impact on					Market Impact on									Market Impact
	Securities			Securities			Securities			VA Guaranteed			Securities		Indexed Universal						Securities			of Hedges
(in millions, unaudited)	Gains/(Losses) (1)			Gains/(Losses) (1)			Gains/(Losses) (1)			Benefits (2)			Gains/(Losses) (1)		Life Benefits (3)			CIEs (4)			Gains/(Losses) (1)			on Investments (5)
Revenues
Management and financial advice fees	$	—		$	—		$	—		$	—		$	—	$	—		$	(4	)	$	—		$	—
Distribution fees	—			—			—			—			—		—			—			—			—
Net investment income	(1		)	(3		)	(2		)	—			1		—			28			(11		)	(40		)
Premiums	—			—			—			—			—		—			—			—			—
Other revenues	—			—			—			—			—		9			—			—			—
Total revenues	(1		)	(3		)	(2		)	—			1		9			24			(11		)	(40		)
Banking and deposit interest expense	—			—			—			—			—		—			—			—			—
Total net revenues	(1		)	(3		)	(2		)	—			1		9			24			(11		)	(40		)
Expenses
Distribution expenses	—			—			—			—			—		—			—			—			—
Interest credited to fixed accounts	—			—			—			—			—		(16		)	—			—			—
Benefits, claims, losses and settlement expenses	—			—			—			(33		)	—		—			—			—			—
Amortization of deferred acquisition costs	—			—			—			16			—		6			—			—			—
Interest and debt expense	—			—			—			—			—		—			26			—			—
General and administrative expense	—			—			—			—			—		—			—			—			—
Total expenses	—			—			—			(17		)	—		(10		)	26			—			—
Pretax segment income (loss)	(1		)	(3		)	(2		)	17			1		19			(2		)	(11		)	(40		)
Less: Net income (loss) attributable to noncontrolling interest	—			—			—			—			—		—			—			—			—
Pretax segment gain (loss) attributable to Ameriprise Financial	$	(1	)	$	(3	)	$	(2	)	$	17		$	1	$	19		$	(2	)	$	(11	)	$	(40	)

Included in Operating Earnings

	Annuities						Protection
	Market			Market			Market			Life & Health			Auto & Home
	Impacts			Impacts on			Impacts			Reinsurance Recapture			Catastrophe
(in millions, unaudited)	to DAC/DSIC (6)			SOP Reserves (7)			to DAC/DSIC (6)			and Model Changes (8)			Losses (9)
Revenues
Management and financial advice fees	$	—		$	—		$	—		$	—		$	—
Distribution fees	—			—			—			—			—
Net investment income	—			—			—			—			—
Premiums	—			—			—			—			—
Other revenues	—			—			—			6			—
Total revenues	—			—			—			6			—
Banking and deposit interest expense	—			—			—			—			—
Operating total net revenues	—			—			—			6			—
Expenses
Distribution expenses	—			—			—			—			—
Interest credited to fixed accounts	—			—			—			—			—
Benefits, claims, losses and settlement expenses	1			3			—			(3		)	23
Amortization of deferred acquisition costs	5			—			1			3			—
Interest and debt expense	—			—			—			—			—
General and administrative expense	—			—			—			—			—
Operating expenses	6			3			1			—			23
Pretax operating earnings	$	(6	)	$	(3	)	$	(1	)	$	6		$	(23	)

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

(2)Variable annuity guaranteed benefit impacts include:

$34 million net benefit related to hedged variable annuity benefits

$17 million increase in DAC and DSIC amortization resulting from hedged benefits

(3)Indexed universal life benefit impacts include:

$16 million net benefit related to hedged indexed universal life benefits

$6 million increase in DAC amortization resulting from hedged indexed universal life benefits

$9 million increase in unearned revenue reserve amortization and reinsurance accrual from hedged indexed universal life benefits

(4)Reflects revenues and expenses of Consolidated Investment Entities

(5)The market impact of hedges to offset interest rate changes on unrealized gains or losses for certain investments

(6)Increase in DAC and DSIC amortization from lower than projected separate account growth

(7)Market impact on reserves for insurance features in non-traditional contracts

(8)Reinsurance recapture and other actuarial model updates

(9)Total auto and home catastrophe losses for the quarter, which were $14 million higher than expectations

40

Ameriprise Financial, Inc.

Disclosed Items

4 Qtr 2015

Excluded from Operating Earnings

	Advice & Wealth Management		Annuities						Protection					Corporate and Eliminations
						Market Impact on					Market Impact on									Market Impact
	Securities		Securities			VA Guaranteed			Securities		Indexed Universal						Integration			of Hedges
(in millions, unaudited)	Gains/(Losses) (1)		Gains/(Losses) (1)			Benefits (2)			Gains/(Losses) (1)		Life Benefits (3)			CIEs (4)			Charges (5)			on Investments (6)
Revenues
Management and financial advice fees	$	—	$	—		$	—		$	—	$	—		$	(31	)	$	—		$	—
Distribution fees	—		—			—			—		—			—			—			—
Net investment income	1		(5		)	—			3		—			70			—			11
Premiums	—		—			—			—		—			—			—			—
Other revenues	—		—			—			—		2			74			—			—
Total revenues	1		(5		)	—			3		2			113			—			11
Banking and deposit interest expense	—		—			—			—		—			—			—			—
Total net revenues	1		(5		)	—			3		2			113			—			11
Expenses
Distribution expenses	—		—			—			—		—			—			—			—
Interest credited to fixed accounts	—		—			—			—		(1		)	—			—			—
Benefits, claims, losses and settlement expenses	—		—			165			—		—			—			—			—
Amortization of deferred acquisition costs	—		—			(26		)	—		2			—			—			—
Interest and debt expense	—		—			—			—		—			82			—			—
General and administrative expense	—		—			—			—		—			8			1			—
Total expenses	—		—			139			—		1			90			1			—
Pretax segment income (loss)	1		(5		)	(139		)	3		1			23			(1		)	11
Less: Net income (loss) attributable to noncontrolling interest	—		—			—			—		—			23			—			—
Pretax segment gain (loss) attributable to Ameriprise Financial	$	1	$	(5	)	$	(139	)	$	3	$	1		$	—		$	(1	)	$	11

Included in Operating Earnings

	Annuities			Protection						Consolidated
	Market			Life Insurance
	Impacts			Assumption			Auto & Home			Tax
(in millions, unaudited)	to DAC/DSIC (7)			Change (8)			Reserves (9)			Benefit (10)
Revenues
Management and financial advice fees	$	—		$	—		$	—		$	—
Distribution fees	—			—			—			—
Net investment income	—			—			—			—
Premiums	—			—			—			—
Other revenues	—			—			—			—
Total revenues	—			—			—			—
Banking and deposit interest expense	—			—			—			—
Operating total net revenues	—			—			—			—
Expenses
Distribution expenses	—			—			—			—
Interest credited to fixed accounts	—			—			—			—
Benefits, claims, losses and settlement expenses	(1		)	(28		)	57			—
Amortization of deferred acquisition costs	(5		)	—			—			—
Interest and debt expense	—			—			—			—
General and administrative expense	—			—			—			—
Operating expenses	(6		)	(28		)	57			—
Pretax operating earnings	$	6		$	28		$	(57	)	$	—
Tax benefit										$	26

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

(2)Variable annuity guaranteed benefit impacts include:

$168 million net expense related to hedged variable annuity benefits

$29 million decrease in DAC and DSIC amortization resulting from hedged benefits

(3)Indexed universal life benefit impacts include:

$1 million net benefit related to hedged indexed universal life benefits

$2 million increase in DAC amortization resulting from hedged indexed universal life benefits

$2 million increase in unearned revenue reserve amortization and reinsurance accrual from hedged indexed universal life benefits

(4)Reflects revenues and expenses of Consolidated Investment Entities

(5)Integration charges related to JHS Capital Advisors acquisition

(6)The market impact of hedges to offset interest rate changes on unrealized gains or losses for certain investments

(7)Decrease in DAC and DSIC amortization from higher than projected separate account growth

(8)Life insurance reserve reduction resulting from an assumption change

(9)Reserve strengthening primarily in auto line

(10)Dividends received deduction benefit

41

Ameriprise Financial, Inc.

Disclosed Items

3 Qtr 2015

Excluded from Operating Earnings

	Advice & Wealth Management			Annuities						Protection						Corporate and Eliminations
							Market Impact on						Market Impact on									Market Impact
	Securities			Securities			VA Guaranteed			Securities			Indexed Universal						Integration			of Hedges
(in millions, unaudited)	Gains/(Losses) (1)			Gains/(Losses) (1)			Benefits (2)			Gains/(Losses) (1)			Life Benefits (3)			CIEs (4)			Charges (5)			on Investments (6)
Revenues
Management and financial advice fees	$	—		$	—		$	—		$	—		$	—		$	(15	)	$	—		$	—
Distribution fees	—			—			—			—			—			—			—			—
Net investment income	(1		)	(8		)	—			(1		)	—			2			—			(31		)
Premiums	—			—			—			—			—			—			—			—
Other revenues	—			—			—			—			9			56			—			—
Total revenues	(1		)	(8		)	—			(1		)	9			43			—			(31		)
Banking and deposit interest expense	—			—			—			—			—			—			—			—
Total net revenues	(1		)	(8		)	—			(1		)	9			43			—			(31		)
Expenses
Distribution expenses	—			—			—			—			—			—			—			—
Interest credited to fixed accounts	—			—			—			—			4			—			—			—
Benefits, claims, losses and settlement expenses	—			—			(2		)	—			—			—			—			—
Amortization of deferred acquisition costs	—			—			7			—			6			—			—			—
Interest and debt expense	—			—			—			—			—			68			—			—
General and administrative expense	—			—			—			—			—			20			3			—
Total expenses	—			—			5			—			10			88			3			—
Pretax segment income (loss)	(1		)	(8		)	(5		)	(1		)	(1		)	(45		)	(3		)	(31		)
Less: Net income (loss) attributable to noncontrolling interest	—			—			—			—			—			(45		)	—			—
Pretax segment gain (loss) attributable to Ameriprise Financial	$	(1	)	$	(8	)	$	(5	)	$	(1	)	$	(1	)	$	—		$	(3	)	$	(31	)

Included in Operating Earnings

	Annuities						Protection
	Market			Valuation			Market			Valuation			Long Term			Life Reinsurance
	Impacts			Assumptions &			Impacts			Assumptions &			Care			Premium
(in millions, unaudited)	to DAC/DSIC (7)			Model Changes (8)			to DAC/DSIC (7)			Model Changes (8)			Reserves (9)			Correction (10)
Revenues
Management and financial advice fees	$	—		$	—		$	—		$	—		$	—		$	—
Distribution fees	—			—			—			—			—			—
Net investment income	—			—			—			—			—			—
Premiums	—			—			—			(3		)	—			(4		)
Other revenues	—			—			—			(5		)	—			(9		)
Total revenues	—			—			—			(8		)	—			(13		)
Banking and deposit interest expense	—			—			—			—			—			—
Operating total net revenues	—			—			—			(8		)	—			(13		)
Expenses
Distribution expenses	—			—			—			—			—			(2		)
Interest credited to fixed accounts	—			—			—			—			—			—
Benefits, claims, losses and settlement expenses	6			(61		)	—			6			(13		)	—
Amortization of deferred acquisition costs	23			(5		)	2			10			—			—
Interest and debt expense	—			—			—			—			—			—
General and administrative expense	—			—			—			—			—			—
Operating expenses	29			(66		)	2			16			(13		)	(2		)
Pretax operating earnings	$	(29	)	$	66		$	(2	)	$	(24	)	$	13		$	(11	)

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

(2)Variable annuity guaranteed benefit impacts include:

$4 million net benefit related to hedged variable annuity benefits

$9 million increase in DAC and DSIC amortization resulting from hedged benefits

(3)Indexed universal life benefit impacts include:

$4 million net expense related to hedged indexed universal life benefits

$6 million increase in DAC amortization resulting from hedged indexed universal life benefits

$9 million increase in unearned revenue reserve amortization and reinsurance accrual from hedged indexed universal life benefits

(4)Reflects revenues and expenses of Consolidated Investment Entities

(5)Integration charges related to JHS Capital Advisors acquisition

(6)The market impact of hedges to offset interest rate changes on unrealized gains or losses for certain investments

(7)Increase in DAC and DSIC amortization from lower than projected separate account growth

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

(9)Reserve release related to our closed block of long term care insurance

(10)Accrual established for ceded reinsurance

42

Exhibit B

Statistical Supplement Package

(unaudited)

Third Quarter 2016

Non-GAAP Financial Measure Reconciliations

43

Ameriprise Financial, Inc.

Non-GAAP Financial Measure Reconciliations

Third Quarter 2016

																Year-to-date
(in millions unless otherwise noted, unaudited)	3 Qtr 2015			4 Qtr 2015			1 Qtr 2016			2 Qtr 2016			3 Qtr 2016			2015			2016
Return on Equity
Net income attributable to Ameriprise Financial (last twelve months)	$	1,630		$	1,562		$	1,533		$	1,453		$	1,271		$	1,630		$	1,271
Less income (loss) from discontinued operations, net of tax (last twelve months)	(1		)	—			—			—			—			(1		)	—
Net income from continuing operations attributable to Ameriprise Financial (last twelve months)	1,631			1,562			1,533			1,453			1,271			1,631			1,271
Less adjustments (1)	(84		)	(154		)	(149		)	(174		)	(154		)	(84		)	(154		)
Operating earnings (last twelve months)	$	1,715		$	1,716		$	1,682		$	1,627		$	1,425		$	1,715		$	1,425
Total Ameriprise Financial shareholders’ equity (five point quarter end average)	$	8,017		$	7,808		$	7,602		$	7,381		$	7,165		$	8,017		$	7,165
Less AOCI, net of tax (five point quarter end average)	615			516			472			459			478			615			478
Total Ameriprise Financial shareholders’ equity excluding AOCI (five point quarter end average)	7,402			7,292			7,130			6,922			6,687			7,402			6,687
Less equity impacts attributable to the consolidated investment entities (five point quarter end average)	250			216			170			114			62			250			62
Operating equity (five point quarter end average)	$	7,152		$	7,076		$	6,960		$	6,808		$	6,625		$	7,152		$	6,625
Return on equity excluding AOCI	22.0		%	21.4		%	21.5		%	21.0		%	19.0		%	22.0		%	19.0		%
Operating return on equity excluding AOCI	24.0		%	24.3		%	24.2		%	23.9		%	21.5		%	24.0		%	21.5		%
Effective Tax Rate
Pretax income	$	463		$	446		$	475		$	410		$	238		$	1,696		$	1,123
Less pretax income (loss) attributable to noncontrolling interests	(45		)	23			—			—			—			102			—
Pretax income excluding noncontrolling interests	508			423			475			410			238			1,594			1,123
Less adjustments (2)	(50		)	(129		)	(22		)	(66		)	(19		)	(108		)	(107		)
Pretax operating earnings	$	558		$	552		$	497		$	476		$	257		$	1,702		$	1,230
Income tax provision	$	111		$	66		$	111		$	75		$	23		$	389		$	209
Operating income tax provision	$	129		$	111		$	119		$	97		$	30		$	427		$	246
Effective tax rate	24.1		%	14.8		%	23.3		%	18.4		%	9.7		%	23.0		%	18.6		%
Effective tax rate excluding noncontrolling interests	21.9		%	15.6		%	23.3		%	18.4		%	9.7		%	24.4		%	18.6		%
Operating effective tax rate	23.1		%	20.1		%	23.9		%	20.4		%	11.7		%	25.1		%	20.0		%

(1)Adjustments reflect the trailing twelve months’ sum of after-tax net realized investment gains/losses, net of DSIC and DAC amortization, unearned revenue amortization and the reinsurance accrual; the market impact on variable annuity guaranteed benefits, net of hedges and the related DSIC and DAC amortization; the market impact on indexed universal life benefits, net of hedges and the related DAC amortization, unearned revenue amortization, and the reinsurance accrual; the market impact of hedges to offset interest rate changes on unrealized gains or losses for certain investments; integration/restructuring charges; and net income (loss) from consolidated investment entities. After-tax is calculated using the statutory tax rate of 35%.

(2)Adjustments reflect net realized investment gains/losses, net of DSIC and DAC amortization, unearned revenue amortization and the reinsurance accrual; the market impact on variable annuity guaranteed benefits net of hedges and the related DSIC and DAC amortization; the market impact on indexed universal life benefits, net of hedges and the related DAC amortization, unearned revenue amortization, and the reinsurance accrual; the market impact of hedges to offset interest rate changes on unrealized gains or losses for certain investments; integration/restructuring charges; and the impact of consolidated investment entities.

44

Ameriprise Financial, Inc.

Non-GAAP Financial Measure Reconciliations

Third Quarter 2016

(in millions unless otherwise noted, unaudited)	September 30, 2015			December 31, 2015			March 31, 2016			June 30, 2016			September 30, 2016
Long-term Debt Summary
Senior notes	$	2,700		$	2,350		$	2,350		$	2,350		$	2,850
Junior subordinated notes	253			245			229			—			—
Capital lease obligations	—			60			58			55			52
Fair value of hedges, unamortized discount and debt issuance costs	50			37			46			47			32
Total Ameriprise Financial long-term debt	3,003			2,692			2,683			2,452			2,934
Less fair value of hedges, unamortized discount and debt issuance costs	50			37			46			47			32
Less capital lease obligations	—			60			58			55			52
Total Ameriprise Financial long-term debt excluding fair value of hedges, unamortized discount, debt issuance costs and capital lease obligations	$	2,953		$	2,595		$	2,579		$	2,350		$	2,850
Equity Summary
Total equity	$	8,821		$	8,405		$	7,093		$	7,089		$	6,796
Less noncontrolling interests	1,192			1,188			—			—			—
Total Ameriprise Financial shareholders’ equity	7,629			7,217			7,093			7,089			6,796
Less equity of consolidated investment entities	162			131			1			—			—
Total Ameriprise Financial shareholders’ equity excluding CIEs	$	7,467		$	7,086		$	7,092		$	7,089		$	6,796
Capital Summary
Total Ameriprise Financial long-term debt	$	3,003		$	2,692		$	2,683		$	2,452		$	2,934
Total Ameriprise Financial shareholders’ equity	7,629			7,217			7,093			7,089			6,796
Total Ameriprise Financial capital	10,632			9,909			9,776			9,541			9,730
Less equity of consolidated investment entities	162			131			1			—			—
Less fair value of hedges, unamortized discount and debt issuance costs	50			37			46			47			32
Less capital lease obligations	—			60			58			55			52
Total Ameriprise Financial capital excluding fair value of hedges, unamortized discount, debt issuance costs, capital lease obligations and equity of CIEs	$	10,420		$	9,681		$	9,671		$	9,439		$	9,646
Total Ameriprise Financial long-term debt to total Ameriprise Financial capital	28.2		%	27.2		%	27.4		%	25.7		%	30.2		%
Total Ameriprise Financial long-term debt to total Ameriprise Financial capital excluding fair value of hedges, unamortized discount, debt issuance costs, capital lease obligations and equity of CIEs	28.3		%	26.8		%	26.7		%	24.9		%	29.5		%
Ameriprise Financial shareholders’ equity	$	7,629		$	7,217		$	7,093		$	7,089		$	6,796
AOCI	461			253			442			638			595
Appropriated retained earnings of CIEs	174			137			—			—			—
AOCI attributable to CIEs	(12		)	(6		)	1			—			—
Ameriprise Financial shareholders’ equity	$	7,629		$	7,217		$	7,093		$	7,089		$	6,796
Less AOCI	461			253			442			638			595
Ameriprise Financial shareholders’ equity excluding AOCI	$	7,168		$	6,964		$	6,651		$	6,451		$	6,201
Ameriprise Financial shareholders’ equity	$	7,629		$	7,217		$	7,093		$	7,089		$	6,796
Less appropriated retained earnings of CIEs	174			137			—			—			—
Less AOCI	461			253			442			638			595
Ameriprise Financial shareholders’ equity excluding CIEs and AOCI	$	6,994		$	6,827		$	6,651		$	6,451		$	6,201

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