Ameriprise Financial (AMP) 8-K Ameriprise Financial Reports First Quarter 2011 Results

Exhibit 99.2

Statistical Supplement Package

(unaudited)

First Quarter 2011

1

Ameriprise Financial, Inc.

Statistical Supplement Information

Table of Contents

	Page
Ameriprise Financial, Inc.
Statistical Supplement Presentation	4
Consolidated GAAP Income Statements	5
GAAP to Operating Reconciliation	6
Operating Income Statements	7
Highlights	9
Common Share, Per Share and Capital Summary	10
Segment Summary	11
Advice & Wealth Management Segment
Segment Operating Income Statements	14
Segment Metrics	15
Asset Management Segment
Segment Operating Income Statements	17
Segment Metrics	18
Columbia Asset Management Products	19
Threadneedle Asset Management Products	20
Mutual Fund Performance	21
Annuities Segment
Segment Operating Income Statements	23
Segment Metrics	24
Protection Segment
Segment Operating Income Statements	26
Segment Metrics	27
Corporate & Other Segment
Segment Operating Income Statements	29
Eliminations
Operating Income Statements	30
Balance Sheet and Ratings Information
Consolidated Balance Sheets	32
Capital and Ratings Information	33
Investments	34
Non-GAAP Financial Information	35
Glossary of Selected Terminology
Glossary of Selected Terminology - Segments	36
Glossary of Selected Terminology	37
Exhibit A
Disclosed Items	39
Exhibit B
Reconciliation of GAAP Segment Income Statements to Segment Operating Income Statements	45
Reconciliation of GAAP Metrics to Operating Metrics	47

2

Statistical Supplement Package

(unaudited)

First Quarter 2011

Consolidated Results

3

Ameriprise Financial, Inc.

Statistical Supplement Presentation

First Quarter 2011

Ameriprise Financial, Inc. (“Ameriprise Financial” or “the Company”) prepares its financial statements in accordance with generally accepted accounting principles (“GAAP”). Management believes that operating measures best reflect the underlying performance of the Company and facilitate a more meaningful trend analysis.  Accordingly, this Statistical Supplement Package presents the Company’s operating results and related operating metrics.  Reconciliations to GAAP measures are provided on page 6 and in Exhibit B “Reconciliation of GAAP Metrics to Operating Metrics” beginning on page 44.

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

*Amended its definition of operating earnings as it relates to the market impact on variable annuity guaranteed living benefits

*Removed the Owned, Managed and Administered Assets disclosures and replaced them with Assets under Management and Assets under Administration disclosures

*Provided more details into net flows for the Columbia managed retail funds

*Transferred the results of operations attributable to Securities America from the Advice & Wealth Management segment to the Corporate & Other segment

Management views the operating measures under the amended definition as a more meaningful presentation of its results for purposes of analyzing the operating performance of its segments, as the amended definition presents results on a basis more consistent with the economics of the businesses.  Under the amended definition, operating measures exclude the impact of consolidating certain investment entities (“CIEs”), net realized gains or losses, market impact on variable annuity guaranteed living benefits and integration and restructuring charges.  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.  Management has recast the prior period amounts to conform to the way management currently manages and monitors segment performance during the current period, including moving the results of operations attributable to Securities America from the Advice & Wealth Management segment to the Corporate & Other segment.

In addition to amending the definition of operating earnings, 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.

Prior to the amendment of the definition of operating earnings, operating earnings included the market impact on variable annuity guaranteed living benefits.  Beginning with results reported in first quarter 2011, operating earnings are adjusted to exclude this impact (prior quarters have been restated).  The market impact includes changes in liability values caused by changes in financial market conditions, net of changes in associated hedge asset values.  The market impact also includes certain valuation adjustments made in accordance with Financial Accounting Standards Board Accounting Standards Codification 820, Fair Value Measurements and Disclosures (“FAS 157”), including the impact on liability values of discounting projected benefits to reflect a current estimate of RiverSource Life’s nonperformance spread.  Further, the market impact is net of related impacts on DAC and DSIC amortization.  The market impact relates to guaranteed minimum accumulation benefits and non-life contingent guaranteed minimum withdrawal benefits accounted for at fair value as embedded derivatives.  The Company views operating earnings under the amended definition as a more meaningful presentation of its results.

The Company removed its Owned, Managed and Administered Assets disclosure and replaced it with Assets Under Management and Administration disclosures.  This presentation better aligns the assets with the fees that are generated and is more consistent with peers.

Management provided more detail into the components of the Columbia Managed Assets Rollforward for retail funds by breaking out mutual fund inflows, mutual fund outflows, reinvested dividends and distributions separately.

4

Ameriprise Financial, Inc.

Consolidated GAAP Income Statements

First Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 1Q					YTD Chg - 1Q					Seq Qtr Chg - 1Q
(in millions unless otherwise noted, unaudited)	1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Revenues
Management and financial advice fees	$	774		$	955		$	1,040		$	1,192		$	1,184		$	774		$	1,184		$	410		53	%	$	410		53	%	$	(8	)	(1	)%
Distribution fees	391			453			415			449			467			391			467			76			19	%	76			19	%	18			4	%
Net investment income	590			654			527			542			515			590			515			(75		)	(13	)%	(75		)	(13	)%	(27		)	(5	)%
Premiums	282			299			303			295			292			282			292			10			4	%	10			4	%	(3		)	(1	)%
Other revenues	255			236			180			214			209			255			209			(46		)	(18	)%	(46		)	(18	)%	(5		)	(2	)%
Total revenues	2,292			2,597			2,465			2,692			2,667			2,292			2,667			375			16	%	375			16	%	(25		)	(1	)%
Banking and deposit interest expense	21			20			15			14			13			21			13			(8		)	(38	)%	(8		)	(38	)%	(1		)	(7	)%
Total net revenues	2,271			2,577			2,450			2,678			2,654			2,271			2,654			383			17	%	383			17	%	(24		)	(1	)%
Expenses
Distribution expenses	525			621			611			674			716			525			716			191			36	%	191			36	%	42			6	%
Interest credited to fixed accounts	228			231			227			223			207			228			207			(21		)	(9	)%	(21		)	(9	)%	(16		)	(7	)%
Benefits, claims, losses and settlement expenses	354			298			640			465			384			354			384			30			8	%	30			8	%	(81		)	(17	)%
Amortization of deferred acquisition costs	118			171			(246		)	84			116			118			116			(2		)	(2	)%	(2		)	(2	)%	32			38	%
Interest and debt expense	64			74			74			78			75			64			75			11			17	%	11			17	%	(3		)	(4	)%
General and administrative expense	621			716			702			829			885			621			885			264			43	%	264			43	%	56			7	%
Total expenses	1,910			2,111			2,008			2,353			2,383			1,910			2,383			473			25	%	473			25	%	30			1	%
Pretax income	361			466			442			325			271			361			271			(90		)	(25	)%	(90		)	(25	)%	(54		)	(17	)%
Income tax provision	65			68			130			71			48			65			48			(17		)	(26	)%	(17		)	(26	)%	(23		)	(32	)%
Net income	296			398			312			254			223			296			223			(73		)	(25	)%	(73		)	(25	)%	(31		)	(12	)%
Less: Net income (loss) attributable to noncontrolling interests	82			139			(32		)	(26		)	(18		)	82			(18		)	(100		)		#	(100		)		#	8			31	%
Net income attributable to Ameriprise Financial	$	214		$	259		$	344		$	280		$	241		$	214		$	241		$	27		13	%	$	27		13	%	$	(39	)	(14	)%
Earnings Per Share
Basic earnings per share	$	0.82		$	0.99		$	1.35		$	1.11		$	0.96		$	0.82		$	0.96		$	0.14		17	%	$	0.14		17	%	$	(0.15	)	(14	)%
Earnings per diluted share	$	0.81		$	0.98		$	1.32		$	1.08		$	0.94		$	0.81		$	0.94		$	0.13		16	%	$	0.13		16	%	$	(0.14	)	(13	)%
GAAP Metrics
Net revenue growth	32.3		%	37.5		%	25.9		%	18.0		%	16.9		%	32.3		%	16.9		%	(15.4		)%			(15.4		)%			(1.1		)%
Return on equity excluding AOCI (1)(3)	9.3		%	10.6		%	11.1		%	11.2		%	11.3		%	9.3		%	11.3		%	2.0		%			2.0		%			0.1		%
Earnings per diluted share growth	39.7		%	NM			32.0		%	20.0		%	16.0		%	39.7		%	16.0		%	(23.6		)%			(23.6		)%			(4.0		)%
Pretax income margin	15.9		%	18.1		%	18.0		%	12.1		%	10.2		%	15.9		%	10.2		%	(5.7		)%			(5.7		)%			(1.9		)%
Effective tax rate	17.9		%	14.6		%	29.6		%	22.0		%	17.8		%	17.9		%	17.8		%	(0.1		)%			(0.1		)%			(4.2		)%
Effective tax rate excluding CIEs	23.2		%	20.8		%	27.6		%	20.3		%	16.7		%	23.2		%	16.7		%	(6.5		)%			(6.5		)%			(3.6		)%
Ameriprise Financial shareholders’ equity	$	10,104		$	10,498		$	10,950		$	10,725		$	10,551		$	10,104		$	10,551		$	447		4	%	$	447		4	%	$	(174	)	(2	)%
Ameriprise Financial shareholders’ equity excluding AOCI (1)	$	9,737		$	9,891		$	10,053		$	10,160		$	10,009		$	9,737		$	10,009		$	272		3	%	$	272		3	%	$	(151	)	(1	)%
Ameriprise Financial shareholders’ equity excluding AOCI - 5 point avg.	$	8,702		$	9,178		$	9,490		$	9,769		$	9,970		$	8,702		$	9,970		$	1,268		15	%	$	1,268		15	%	$	201		2	%
Ameriprise Financial shareholders’ equity excluding AOCI / outstanding shares (2)	$	37.11		$	38.49		$	39.63		$	40.37		$	40.31		$	37.11		$	40.31		$	3.20		9	%	$	3.20		9	%	$	(0.06	)	(0	)%

(1) See non-GAAP financial information on pg 35.

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

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

# Variance of greater than 100%.

NM Not Meaningful

5

Ameriprise Financial, Inc.

GAAP to Operating Reconciliation

First Quarter 2011

																Year-to-Date
(in millions unless otherwise noted, unaudited)	1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2010			2011
Pretax operating earnings (1)	$	298		$	350		$	483		$	403		$	334		$	298		$	334
Income taxes, applicable to operating earnings (2)	72			76			133			89			64			72			64
Operating earnings (1)	226			274			350			314			270			226			270
Reconciling items:
Management and financial advice fees
Management fees earned by the Company from the CIEs	(9		)	(10		)	(9		)	(10		)	(10		)	(9		)	(10		)
Net investment income
Net investment income attributable to the CIEs	79			155			17			24			27			79			27
Realized gains (losses)	5			7			2			19			1			5			1
Other revenues
Other revenues attributable to the CIEs	57			46			9			13			20			57			20
Benefits, claims, losses and settlement expenses
Market impact on Variable Annuity guaranteed living benefits	(23		)	68			18			(72		)	(27		)	(23		)	(27		)
Amortization of deferred acquisition costs
Market impact on Variable Annuity guaranteed living benefits	6			(41		)	(10		)	29			10			6			10
Interest and debt expense
Interest and debt expense attributable to the CIEs	(40		)	(45		)	(45		)	(51		)	(50		)	(40		)	(50		)
General and administrative expense
Integration and restructuring charges	(7		)	(57		)	(19		)	(28		)	(29		)	(7		)	(29		)
General and administrative expense attributable to the CIEs	(5		)	(7		)	(4		)	(2		)	(5		)	(5		)	(5		)
Total reconciling items, before income taxes	63			116			(41		)	(78		)	(63		)	63			(63		)
Income taxes, not applicable to operating earnings (3)	7			8			3			18			16			7			16
Total reconciling items, after income taxes	70			124			(38		)	(60		)	(47		)	70			(47		)
Net income	296			398			312			254			223			296			223
Less: Net income (loss) attributable to noncontrolling interests	82			139			(32		)	(26		)	(18		)	82			(18		)
Net income attributable to Ameriprise Financial	$	214		$	259		$	344		$	280		$	241		$	214		$	241

(1)See non-GAAP financial information on pg 35.

(2)Calculated using the operating effective tax rate.

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

6

Ameriprise Financial, Inc.

Operating Income Statements

First Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 1Q					YTD Chg - 1Q					Seq Qtr Chg - 1Q
(in millions unless otherwise noted, unaudited)	1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Revenues
Management and financial advice fees	$	783		$	965		$	1,049		$	1,202		$	1,194		$	783		$	1,194		$	411		52	%	$	411		52	%	$	(8	)	(1	)%
Distribution fees	391			453			415			449			467			391			467			76			19	%	76			19	%	18			4	%
Net investment income	506			492			508			499			487			506			487			(19		)	(4	)%	(19		)	(4	)%	(12		)	(2	)%
Premiums	282			299			303			295			292			282			292			10			4	%	10			4	%	(3		)	(1	)%
Other revenues	198			190			171			201			189			198			189			(9		)	(5	)%	(9		)	(5	)%	(12		)	(6	)%
Total revenues	2,160			2,399			2,446			2,646			2,629			2,160			2,629			469			22	%	469			22	%	(17		)	(1	)%
Banking and deposit interest expense	21			20			15			14			13			21			13			(8		)	(38	)%	(8		)	(38	)%	(1		)	(7	)%
Operating total net revenues (1)	2,139			2,379			2,431			2,632			2,616			2,139			2,616			477			22	%	477			22	%	(16		)	(1	)%
Expenses
Distribution expenses	525			621			611			674			716			525			716			191			36	%	191			36	%	42			6	%
Interest credited to fixed accounts	228			231			227			223			207			228			207			(21		)	(9	)%	(21		)	(9	)%	(16		)	(7	)%
Benefits, claims, losses and settlement expenses	331			366			658			393			357			331			357			26			8	%	26			8	%	(36		)	(9	)%
Amortization of deferred acquisition costs	124			130			(256		)	113			126			124			126			2			2	%	2			2	%	13			12	%
Interest and debt expense	24			29			29			27			25			24			25			1			4	%	1			4	%	(2		)	(7	)%
General and administrative expense	609			652			679			799			851			609			851			242			40	%	242			40	%	52			7	%
Operating expenses (1)	1,841			2,029			1,948			2,229			2,282			1,841			2,282			441			24	%	441			24	%	53			2	%
Pretax operating earnings (1)	298			350			483			403			334			298			334			36			12	%	36			12	%	(69		)	(17	)%
Income tax provision	72			76			133			89			64			72			64			(8		)	(11	)%	(8		)	(11	)%	(25		)	(28	)%
Operating earnings (1)	$	226		$	274		$	350		$	314		$	270		$	226		$	270		$	44		19	%	$	44		19	%	$	(44	)	(14	)%
Operating Earnings Per Share
Basic operating earnings per share (1)	$	0.87		$	1.05		$	1.37		$	1.24		$	1.07		$	0.87		$	1.07		$	0.20		23	%	$	0.20		23	%	$	(0.17	)	(14	)%
Operating earnings per diluted share (1)	$	0.85		$	1.03		$	1.35		$	1.21		$	1.05		$	0.85		$	1.05		$	0.20		24	%	$	0.20		24	%	$	(0.16	)	(13	)%
Operating Measures
Operating total net revenue growth	24.9		%	26.8		%	26.0		%	19.0		%	22.3		%	24.9		%	22.3		%	(2.6		)%			(2.6		)%			3.3		%
Operating earnings per diluted share growth	NM			30.4		%	23.9		%	31.5		%	23.5		%	NM			23.5		%	NM					NM					(8.0		)%
Operating return on equity excluding CIEs and AOCI (1)(3)	10.9		%	11.5		%	11.9		%	12.5		%	12.8		%	10.9		%	12.8		%	1.9		%			1.9		%			0.3		%
Pretax operating margin (1)	13.9		%	14.7		%	19.9		%	15.3		%	12.8		%	13.9		%	12.8		%	(1.1		)%			(1.1		)%			(2.5		)%
Operating effective tax rate (1)	24.2		%	21.7		%	27.5		%	22.1		%	19.2		%	24.2		%	19.2		%	(5.0		)%			(5.0		)%			(2.9		)%
Ameriprise Financial shareholders’ equity excluding CIEs (1)	$	9,622		$	9,902		$	10,389		$	10,196		$	10,050		$	9,622		$	10,050		$	428		4	%	$	428		4	%	$	(146	)	(1	)%
Ameriprise Financial shareholders’ equity excluding CIEs and AOCI (1)	$	9,229		$	9,271		$	9,463		$	9,602		$	9,479		$	9,229		$	9,479		$	250		3	%	$	250		3	%	$	(123	)	(1	)%
Ameriprise Financial shareholders’ equity excluding CIEs and AOCI - 5 point avg.	$	8,601		$	8,952		$	9,147		$	9,314		$	9,409		$	8,601		$	9,409		$	808		9	%	$	808		9	%	$	95		1	%
Ameriprise Financial shareholders’ equity excluding CIEs and AOCI / outstanding shares (2)	$	35.17		$	36.07		$	37.30		$	38.15		$	38.18		$	35.17		$	38.18		$	3.01		9	%	$	3.01		9	%	$	0.03		0	%

(1) See non-GAAP financial information on pg 35.

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

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

NM Not Meaningful

7

Statistical Supplement Package

(unaudited)

First Quarter 2011

Summary & Highlights

8

Ameriprise Financial, Inc.

Highlights

First Quarter 2011

																						Prior Year Comparisons
(in millions, except earnings per share amounts,																Year-to-Date						Qtr Chg - 1Q					YTD Chg - 1Q					Seq Qtr Chg - 1Q
headcount and as otherwise noted, unaudited)	1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Operating Earnings Per Share
Basic operating earnings per share(1)	$	0.87		$	1.05		$	1.37		$	1.24		$	1.07		$	0.87		$	1.07		$	0.20		23	%	$	0.20		23	%	$	(0.17	)	(14	)%
Operating earnings per diluted share(1)	$	0.85		$	1.03		$	1.35		$	1.21		$	1.05		$	0.85		$	1.05		$	0.20		24	%	$	0.20		24	%	$	(0.16	)	(13	)%
Operating Metrics
Operating total net revenue growth: Target 6 - 8%(1)	24.9		%	26.8		%	26.0		%	19.0		%	22.3		%	24.9		%	22.3		%	(2.6		)%			(2.6		)%			3.3		%
Operating earnings per diluted share growth: Target 12 - 15%(1)	NM			30.4		%	23.9		%	31.5		%	23.5		%	NM			23.5		%	NM					NM					(8.0		)%
Operating return on equity excluding CIEs and AOCI: Target 12 - 15%(2)	10.9		%	11.5		%	11.9		%	12.5		%	12.8		%	10.9		%	12.8		%	1.9		%			1.9		%			0.3		%
Assets Under Management and Administration
Advice & Wealth Management AUM	$	85,942		$	83,042		$	91,101		$	97,514		$	103,104		$	85,942		$	103,104		$	17,162		20	%	$	17,162		20	%	$	5,590		6	%
Asset Management AUM	246,007			413,327			444,871			456,833			465,434			246,007			465,434			219,427			89	%	219,427			89	%	8,601			2	%
Corporate AUM	14,043			13,823			14,161			15,225			15,514			14,043			15,514			1,471			10	%	1,471			10	%	289			2	%
Eliminations	(8,123		)	(10,648		)	(11,582		)	(12,405		)	(13,181		)	(8,123		)	(13,181		)	(5,058		)	(62	)%	(5,058		)	(62	)%	(776		)	(6	)%
Total Assets Under Management	337,869			499,544			538,551			557,167			570,871			337,869			570,871			233,002			69	%	233,002			69	%	13,704			2	%
Total Assets Under Administration	122,681			98,951			109,276			115,647			121,693			122,681			121,693			(988		)	(1	)%	(988		)	(1	)%	6,046			5	%
Total AUM and AUA	$	460,550		$	598,495		$	647,827		$	672,814		$	692,564		$	460,550		$	692,564		$	232,014		50	%	$	232,014		50	%	$	19,750		3	%
Business Metrics
Total Ameriprise client assets	$	279,407		$	266,488		$	287,729		$	303,613		$	315,387		$	279,407		$	315,387		$	35,980		13	%	$	35,980		13	%	$	11,774		4	%
Total branded financial advisors	9,931			9,786			9,723			9,656			9,653			9,931			9,653			(278		)	(3	)%	(278		)	(3	)%	(3		)	(0	)%
Net flows and net deposits
Branded advisor wrap	$	2,316		$	1,933		$	1,566		$	1,736		$	2,750		$	2,316		$	2,750		$	434		19	%	$	434		19	%	$	1,014		58	%
Asset Management	(497		)	(4,941		)	(1,788		)	(5,799		)	(4,852		)	(497		)	(4,852		)	(4,355		)		#	(4,355		)		#	947			16	%
Annuities	(68		)	9			325			177			(144		)	(68		)	(144		)	(76		)		#	(76		)		#	(321		)		#
Variable universal life / Universal life	(41		)	(36		)	(51		)	(45		)	(63		)	(41		)	(63		)	(22		)	(54	)%	(22		)	(54	)%	(18		)	(40	)%
S&P 500
Daily average	1,121			1,134			1,094			1,205			1,302			1,121			1,302			181			16	%	181			16	%	97			8	%
Period end	1,169			1,031			1,141			1,258			1,326			1,169			1,326			157			13	%	157			13	%	68			5	%

(1)See non-GAAP financial information on pg 35.

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

# Variance of greater than 100%.

NM Not Meaningful

9

Ameriprise Financial, Inc.

Common Share, Per Share and Capital Summary

First Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 1Q					YTD Chg - 1Q					Seq Qtr Chg - 1Q
(in millions, except share amounts, unaudited)	1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Common shares
Beginning balance	255.1			257.4			252.0			248.7			246.7			255.1			246.7			(8.4		)	(3	)%	(8.4		)	(3	)%	(2.0		)	(1	)%
Repurchases	—			(5.7		)	(3.6		)	(3.8		)	(6.5		)	—			(6.5		)	(6.5		)	—		(6.5		)	—		(2.7		)	(71	)%
Issuances	2.7			0.4			0.4			2.0			3.1			2.7			3.1			0.4			15	%	0.4			15	%	1.1			55	%
Other	(0.4		)	(0.1		)	(0.1		)	(0.2		)	(0.4		)	(0.4		)	(0.4		)	0.0			—		0.0			—		(0.2		)	(100	)%
Total common shares outstanding	257.4			252.0			248.7			246.7			242.9			257.4			242.9			(14.5		)	(6	)%	(14.5		)	(6	)%	(3.8		)	(2	)%
Nonforfeitable restricted stock units	5.0			5.0			5.0			5.0			5.4			5.0			5.4			0.4			8	%	0.4			8	%	0.4			8	%
Total basic common shares outstanding	262.4			257.0			253.7			251.7			248.3			262.4			248.3			(14.1		)	(5	)%	(14.1		)	(5	)%	(3.4		)	(1	)%
Total potentially dilutive shares	4.0			3.7			5.4			6.4			5.5			4.0			5.5			1.5			38	%	1.5			38	%	(0.9		)	(14	)%
Total diluted shares	266.4			260.7			259.1			258.1			253.8			266.4			253.8			(12.6		)	(5	)%	(12.6		)	(5	)%	(4.3		)	(2	)%
Weighted average common shares outstanding:
Basic	260.8			261.1			255.3			252.7			251.6			260.8			251.6			(9.2		)	(4	)%	(9.2		)	(4	)%	(1.1		)	—
Diluted	265.0			265.3			259.9			258.9			257.7			265.0			257.7			(7.3		)	(3	)%	(7.3		)	(3	)%	(1.2		)	—
Capital Returned to Shareholders
Dividends paid	$	45		$	47		$	46		$	45		$	46		$	45		$	46		$	1		2	%	$	1		2	%	$	1		2	%
Common stock share repurchases	$	—		$	220		$	153		$	200		$	395		$	—		$	395		$	395		—		$	395		—		$	195		98	%
Debt to Capital
Total Ameriprise Financial long-term debt to total Ameriprise Financial capital	20.5		%	20.4		%	20.0		%	17.8		%	17.9		%	20.5		%	17.9		%	(2.6		)%			(2.6		)%			0.1		%
Goodwill and intangible assets	$	1,393		$	2,258		$	2,263		$	2,240		$	2,240		$	1,393		$	2,240		$	847		61	%	$	847		61	%	$	—		0	%
Net Investment Income
Investment income on fixed maturities	$	481		$	479		$	480		$	481		$	470		$	481		$	470		$	(11	)	(2	)%	$	(11	)	(2	)%	$	(11	)	(2	)%
Realized gains (losses)	5			7			2			19			1			5			1			(4		)	(80	)%	(4		)	(80	)%	(18		)	(95	)%
Affordable housing	(3		)	(5		)	(4		)	(8		)	(7		)	(3		)	(7		)	(4		)		#	(4		)		#	1			13	%
Other (including seed money)	28			18			32			26			24			28			24			(4		)	(14	)%	(4		)	(14	)%	(2		)	(8	)%
Consolidated investment entities	79			155			17			24			27			79			27			(52		)	(66	)%	(52		)	(66	)%	3			13	%
Total net investment income	$	590		$	654		$	527		$	542		$	515		$	590		$	515		$	(75	)	(13	)%	$	(75	)	(13	)%	$	(27	)	(5	)%
Allocated Equity (1)
Advice & Wealth Management	$	702		$	696		$	698		$	713		$	728		$	702		$	728		$	26		4	%	$	26		4	%	$	15		2	%
Asset Management	1,044			1,947			1,919			1,924			1,911			1,044			1,911			867			83	%	867			83	%	(13		)	(1	)%
Annuities	2,317			2,395			2,539			2,582			2,696			2,317			2,696			379			16	%	379			16	%	114			4	%
Protection	2,560			2,654			2,668			2,596			2,594			2,560			2,594			34			1	%	34			1	%	(2		)	(0	)%
Corporate & Other	2,606			1,579			1,639			1,787			1,550			2,606			1,550			(1,056		)	(41	)%	(1,056		)	(41	)%	(237		)	(13	)%
Total allocated equity	$	9,229		$	9,271		$	9,463		$	9,602		$	9,479		$	9,229		$	9,479		$	250		3	%	$	250		3	%	$	(123	)	(1	)%

(1)   Allocated equity equals Ameriprise Financial shareholders’ equity excluding consolidated investment entities less AOCI.  Allocated equity is not adjusted for non-operating items except for CIEs.

# Variance of greater than 100%.

10

Ameriprise Financial, Inc.

Segment Summary

First Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 1Q					YTD Chg - 1Q					Seq Qtr Chg - 1Q
(in millions unless otherwise noted, unaudited)	1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Segment Summary
Advice & Wealth Management
Reported net revenues	$	765		$	853		$	830		$	895		$	914		$	765		$	914		$	149		19	%	$	149		19	%	$	19		2	%
Realized (gains) losses	1			(1		)	—			(1		)	(1		)	1			(1		)	(2		)		#	(2		)		#	—			—
Operating total net revenues (2)	$	766		$	852		$	830		$	894		$	913		$	766		$	913		$	147		19	%	$	147		19	%	$	19		2	%
Reported expenses	$	717		$	770		$	742		$	798		$	814		$	717		$	814		$	97		14	%	$	97		14	%	$	16		2	%
Less: integration/restructuring charges (1)	2			4			1			—			—			2			—			(2		)		#	(2		)		#	—			—
Operating expenses (2)	$	715		$	766		$	741		$	798		$	814		$	715		$	814		$	99		14	%	$	99		14	%	$	16		2	%
Pretax segment income	$	48		$	83		$	88		$	97		$	100		$	48		$	100		$	52			#	$	52			#	$	3		3	%
Pretax operating earnings (2)	$	51		$	86		$	89		$	96		$	99		$	51		$	99		$	48		94	%	$	48		94	%	$	3		3	%
Allocated Equity	$	702		$	696		$	698		$	713		$	728		$	702		$	728		$	26		4	%	$	26		4	%	$	15		2	%
Operating return on allocated equity (2)(3)	13.8		%	21.6		%	28.3		%	35.1		%	40.5		%	13.8		%	40.5		%	26.7		%			26.7		%			5.4		%
Pretax operating margin (2)	6.7		%	10.1		%	10.7		%	10.7		%	10.8		%	6.7		%	10.8		%	4.1		%			4.1		%			0.1		%
Asset Management
Reported net revenues	$	370		$	562		$	662		$	774		$	737		$	370		$	737		$	367		99	%	$	367		99	%	$	(37	)	(5	)%
Realized (gains) losses	(1		)	—			(1		)	(1		)	—			(1		)	—			1				#	1				#	1				#
Operating total net revenues (2)	$	369		$	562		$	661		$	773		$	737		$	369		$	737		$	368		100	%	$	368		100	%	$	(36	)	(5	)%
Reported expenses	$	352		$	506		$	558		$	634		$	630		$	352		$	630		$	278		79	%	$	278		79	%	$	(4	)	(1	)%
Less: integration/restructuring charges (4)	5			48			18			24			29			5			29			24				#	24				#	5			21	%
Operating expenses (2)	$	347		$	458		$	540		$	610		$	601		$	347		$	601		$	254		73	%	$	254		73	%	$	(9	)	(1	)%
Pretax segment income	$	18		$	56		$	104		$	140		$	107		$	18		$	107		$	89			#	$	89			#	$	(33	)	(24	)%
Pretax operating earnings (2)	$	22		$	104		$	121		$	163		$	136		$	22		$	136		$	114			#	$	114			#	$	(27	)	(17	)%
Allocated Equity	$	1,044		$	1,947		$	1,919		$	1,924		$	1,911		$	1,044		$	1,911		$	867		83	%	$	867		83	%	$	(13	)	(1	)%
Operating return on allocated equity (2)(3)	8.5		%	14.1		%	17.6		%	19.8		%	23.2		%	8.5		%	23.2		%	14.7		%			14.7		%			3.4		%
Pretax operating margin (2)	6.0		%	18.5		%	18.3		%	21.1		%	18.5		%	6.0		%	18.5		%	12.5		%			12.5		%			(2.6		)%
Operating total net revenues (2)	$	369		$	562		$	661		$	773		$	737		$	369		$	737		$	368		100	%	$	368		100	%	$	(36	)	(5	)%
Distribution pass thru revenues	(97		)	(158		)	(184		)	(188		)	(207		)	(97		)	(207		)	(110		)		#	(110		)		#	(19		)	(10	)%
Subadvisory and other pass thru revenues	(41		)	(67		)	(89		)	(95		)	(98		)	(41		)	(98		)	(57		)		#	(57		)		#	(3		)	(3	)%
Adjusted operating revenues (2)	$	231		$	337		$	388		$	490		$	432		$	231		$	432		$	201		87	%	$	201		87	%	$	(58	)	(12	)%
Pretax operating earnings (2)	$	22		$	104		$	121		$	163		$	136		$	22		$	136		$	114			#	$	114			#	$	(27	)	(17	)%
Operating net investment income (2)	(3		)	—			(5		)	(6		)	(1		)	(3		)	(1		)	2			67	%	2			67	%	5			83	%
Amortization of intangibles	7			10			12			10			10			7			10			3			43	%	3			43	%	—			—
Adjusted operating earnings (2)	$	26		$	114		$	128		$	167		$	145		$	26		$	145		$	119			#	$	119			#	$	(22	)	(13	)%
Adjusted net pretax operating margin (2)	11.3		%	33.8		%	33.0		%	34.1		%	33.6		%	11.3		%	33.6		%	22.3		%			22.3		%			(0.5		)%

(1)   Integration charges incurred for acquisition of HRBFA.

(2)   See non-GAAP financial information on pg 35.

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

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

# Variance of greater than 100%.

11

Ameriprise Financial, Inc.

Segment Summary

First Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 1Q					YTD Chg - 1Q					Seq Qtr Chg - 1Q
(in millions unless otherwise noted, unaudited)	1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Annuities
Reported net revenues	$	602		$	630		$	626		$	642		$	640		$	602		$	640		$	38		6	%	$	38		6	%	$	(2	)	—
Realized (gains) losses	(3		)	(4		)	1			(3		)	3			(3		)	3			6				#	6				#	6				#
Operating total net revenues (2)	$	599		$	626		$	627		$	639		$	643		$	599		$	643		$	44		7	%	$	44		7	%	$	4		1	%
Reported expenses	$	482		$	497		$	362		$	511		$	486		$	482		$	486		$	4		1	%	$	4		1	%	$	(25	)	(5	)%
Less: market impact on VA guaranteed living benefits	17			(27		)	(8		)	43			17			17			17			—			—		—			—		(26		)	(60	)%
Operating expenses (2)	$	465		$	524		$	370		$	468		$	469		$	465		$	469		$	4		1	%	$	4		1	%	$	1		—
Pretax segment income	$	120		$	133		$	264		$	131		$	154		$	120		$	154		$	34		28	%	$	34		28	%	$	23		18	%
Pretax operating earnings (2)	$	134		$	102		$	257		$	171		$	174		$	134		$	174		$	40		30	%	$	40		30	%	$	3		2	%
Allocated Equity	$	2,317		$	2,395		$	2,539		$	2,582		$	2,696		$	2,317		$	2,696		$	379		16	%	$	379		16	%	$	114		4	%
Operating return on allocated equity (2)(3)	24.1		%	22.2		%	20.1		%	20.4		%	21.5		%	24.1		%	21.5		%	(2.6		)%			(2.6		)%			1.1		%
Pretax operating margin (2)	22.4		%	16.3		%	41.0		%	26.8		%	27.1		%	22.4		%	27.1		%	4.7		%			4.7		%			0.3		%
Protection
Reported net revenues	$	507		$	521		$	502		$	525		$	519		$	507		$	519		$	12		2	%	$	12		2	%	$	(6	)	(1	)%
Realized (gains) losses	(1		)	(1		)	—			1			(1		)	(1		)	(1		)	—			—		—			—		(2		)		#
Operating total net revenues (2)	$	506		$	520		$	502		$	526		$	518		$	506		$	518		$	12		2	%	$	12		2	%	$	(8	)	(2	)%
Reported expenses	$	388		$	386		$	437		$	440		$	412		$	388		$	412		$	24		6	%	$	24		6	%	$	(28	)	(6	)%
Pretax segment income	$	119		$	135		$	65		$	85		$	107		$	119		$	107		$	(12	)	(10	)%	$	(12	)	(10	)%	$	22		26	%
Pretax operating earnings (2)	$	118		$	134		$	65		$	86		$	106		$	118		$	106		$	(12	)	(10	)%	$	(12	)	(10	)%	$	20		23	%
Allocated Equity	$	2,560		$	2,654		$	2,668		$	2,596		$	2,594		$	2,560		$	2,594		$	34		1	%	$	34		1	%	$	(2	)	—
Operating return on allocated equity (2)(3)	14.7		%	15.5		%	13.0		%	11.8		%	11.7		%	14.7		%	11.7		%	(3.0		)%			(3.0		)%			(0.1		)%
Pretax operating margin (2)	23.3		%	25.8		%	12.9		%	16.3		%	20.5		%	23.3		%	20.5		%	(2.8		)%			(2.8		)%			4.2		%
Corporate & Other
Reported net revenues	$	271		$	304		$	148		$	167		$	165		$	271		$	165		$	(106	)	(39	)%	$	(106	)	(39	)%	$	(2	)	(1	)%
CIEs net revenues	(136		)	(201		)	(26		)	(37		)	(47		)	(136		)	(47		)	89			65	%	89			65	%	(10		)	(27	)%
Realized (gains) losses	(1		)	(1		)	(2		)	(15		)	(2		)	(1		)	(2		)	(1		)		#	(1		)		#	13			87	%
Operating total net revenues (2)	$	134		$	102		$	120		$	115		$	116		$	134		$	116		$	(18	)	(13	)%	$	(18	)	(13	)%	$	1		1	%
Reported expenses	$	215		$	245		$	227		$	295		$	362		$	215		$	362		$	147		68	%	$	147		68	%	$	67		23	%
Less: CIEs expenses	54			62			58			63			65			54			65			11			20	%	11			20	%	2			3	%
Less: integration/restructuring charges (1)	—			5			—			4			—			—			—			—			—		—			—		(4		)		#
Operating expenses (2)	$	161		$	178		$	169		$	228		$	297		$	161		$	297		$	136		84	%	$	136		84	%	$	69		30	%
Noncontrolling interests	$	82		$	139		$	(32	)	$	(26	)	$	(18	)	$	82		$	(18	)	$	(100	)		#	$	(100	)		#	$	8		31	%
Pretax segment income (loss)	$	56		$	59		$	(79	)	$	(128	)	$	(197	)	$	56		$	(197	)	$	(253	)		#	$	(253	)		#	$	(69	)	(54	)%
Pretax segment (loss) attributable to Ameriprise Financial	$	(26	)	$	(80	)	$	(47	)	$	(102	)	$	(179	)	$	(26	)	$	(179	)	$	(153	)		#	$	(153	)		#	$	(77	)	(75	)%
Pretax operating (loss) (2)	$	(27	)	$	(76	)	$	(49	)	$	(113	)	$	(181	)	$	(27	)	$	(181	)	$	(154	)		#	$	(154	)		#	$	(68	)	(60	)%
Allocated Equity	$	2,606		$	1,579		$	1,639		$	1,787		$	1,550		$	2,606		$	1,550		$	(1,056	)	(41	)%	$	(1,056	)	(41	)%	$	(237	)	(13	)%

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

(2)See non-GAAP financial information on pg 35.

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

# Variance of greater than 100%.

12

Statistical Supplement Package

(unaudited)

First Quarter 2011

Advice & Wealth Management Segment

13

Ameriprise Financial, Inc.

Advice & Wealth Management Segment (4)

First Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 1Q					YTD Chg - 1Q					Seq Qtr Chg - 1Q
(in millions unless otherwise noted, unaudited)	1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Operating Income Statements
Revenues
Management and financial advice fees	$	326		$	337		$	333		$	374		$	386		$	326		$	386		$	60		18	%	$	60		18	%	$	12		3	%
Distribution fees	370			444			429			453			461			370			461			91			25	%	91			25	%	8			2	%
Net investment income	74			70			66			62			63			74			63			(11		)	(15	)%	(11		)	(15	)%	1			2	%
Premiums	—			—			—			—			—			—			—			—			—		—			—		—			—
Other revenues	17			18			17			19			16			17			16			(1		)	(6	)%	(1		)	(6	)%	(3		)	(16	)%
Total revenues	787			869			845			908			926			787			926			139			18	%	139			18	%	18			2	%
Banking and deposit interest expense	21			17			15			14			13			21			13			(8		)	(38	)%	(8		)	(38	)%	(1		)	(7	)%
Operating total net revenues (1)	766			852			830			894			913			766			913			147			19	%	147			19	%	19			2	%
Expenses
Distribution expenses (5)	446			494			478			536			541			446			541			95			21	%	95			21	%	5			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 (5)	269			272			263			262			273			269			273			4			1	%	4			1	%	11			4	%
Operating expenses (1)	715			766			741			798			814			715			814			99			14	%	99			14	%	16			2	%
Pretax operating earnings (1)	$	51		$	86		$	89		$	96		$	99		$	51		$	99		$	48		94	%	$	48		94	%	$	3		3	%
Pretax segment income	$	48		$	83		$	88		$	97		$	100		$	48		$	100		$	52			#	$	52			#	$	3		3	%
Margins
Pretax segment margin	6.3		%	9.7		%	10.6		%	10.8		%	10.9		%	6.3		%	10.9		%	4.6		%			4.6		%			0.1		%
Pretax operating margin (1)	6.7		%	10.1		%	10.7		%	10.7		%	10.8		%	6.7		%	10.8		%	4.1		%			4.1		%			0.1		%
Return on Equity
Allocated equity	$	702		$	696		$	698		$	713		$	728		$	702		$	728		$	26		4	%	$	26		4	%	$	15		2	%
Return on allocated equity (2)	7.7		%	17.5		%	25.7		%	34.8		%	41.0		%	7.7		%	41.0		%	33.3		%			33.3		%			6.2		%
Operating return on allocated equity (1)(3)	13.8		%	21.6		%	28.3		%	35.1		%	40.5		%	13.8		%	40.5		%	26.7		%			26.7		%			5.4		%
On-balance sheet deposits	$	8,501		$	8,263		$	8,257		$	8,489		$	8,606		$	8,501		$	8,606		$	105		1	%	$	105		1	%	$	117		1	%

(1)	See non-GAAP financial information on pg 35.
(2)	Calculated using net income subject to the effective tax rate excluding CIEs for the last twelve months in the numerator and the average allocated equity as of the last day of the trailing four quarters and current quarter in the denominator.
(3)	Calculated using operating earnings subject to the operating effective tax rate for the last twelve months in the numerator and the average allocated equity as of the last day of the trailing four quarters and current quarter in the denominator.
(4)	Prior period quarters have been recast to reflect the transfer of results of operations attributable to Securities America to the Corporate & Other segment from the Advice & Wealth Management segment.
(5)	In the 4th quarter of 2010 a year-to-date adjustment was made to reclass $9M of compensation from general and administrative expense to distribution expense.
#	Variance of greater than 100%.

14

Ameriprise Financial, Inc.

Advice & Wealth Management Segment (4)

First Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 1Q					YTD Chg - 1Q					Seq Qtr Chg - 1Q
(in millions unless otherwise noted, unaudited)	1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Product Information
Certificates and Banking - Combined
Pretax operating earnings (1)	$	25		$	24		$	23		$	27		$	21		$	25		$	21		$	(4	)	(16	)%	$	(4	)	(16	)%	$	(6	)	(22	)%
Allocated equity	$	456		$	445		$	451		$	463		$	478		$	456		$	478		$	22		5	%	$	22		5	%	$	15		3	%
Operating return on allocated equity (1)(2)	17.7		%	18.1		%	17.1		%	16.7		%	16.0		%	17.7		%	16.0		%	(1.7		)%			(1.7		)%			(0.7		)%
Wealth Management & Distribution
Pretax operating earnings(1)	$	26		$	62		$	66		$	69		$	78		$	26		$	78		$	52			#	$	52			#	$	9		13	%
Allocated equity	$	246		$	251		$	247		$	250		$	250		$	246		$	250		$	4		2	%	$	4		2	%	$	—		—
Operating return on allocated equity (1)(2)	6.1		%	28.0		%	48.9		%	68.4		%	85.7		%	6.1		%	85.7		%	79.6		%			79.6		%			17.3		%
Financial Plans
Branded financial plan net cash sales	$	52		$	51		$	48		$	57		$	53		$	52		$	53		$	1		2	%	$	1		2	%	$	(4	)	(7	)%
Financial Advisors
Employee advisors	2,302			2,196			2,183			2,168			2,140			2,302			2,140			(162		)	(7	)%	(162		)	(7	)%	(28		)	(1	)%
Franchisee advisors	7,629			7,590			7,540			7,488			7,513			7,629			7,513			(116		)	(2	)%	(116		)	(2	)%	25			—
Total branded financial advisors	9,931			9,786			9,723			9,656			9,653			9,931			9,653			(278		)	(3	)%	(278		)	(3	)%	(3		)	—
Operating total net revenues (1) per financial advisor (in thousands) (3)	$	77		$	87		$	85		$	93		$	95		$	77		$	95		$	18		23	%	$	18		23	%	$	2		2	%
Advisor Retention
Employee	72.9		%	74.4		%	77.8		%	82.3		%	86.6		%	72.9		%	86.6		%	13.7		%			13.7		%			4.3		%
Franchisee	91.7		%	92.4		%	93.0		%	93.4		%	94.1		%	91.7		%	94.1		%	2.4		%			2.4		%			0.7		%
Total Client Assets (at period end)	$	279,407		$	266,488		$	287,729		$	303,613		$	315,387		$	279,407		$	315,387		$	35,980		13	%	$	35,980		13	%	$	11,774		4	%
Total Wrap Accounts
Beginning assets	$	81,252		$	85,942		$	83,042		$	91,101		$	97,514		$	81,252		$	97,514		$	16,262		20	%	$	16,262		20	%	$	6,413		7	%
Net flows	2,316			1,933			1,566			1,736			2,750			2,316			2,750			434			19	%	434			19	%	1,014			58	%
Market appreciation (depreciation) and other	2,374			(4,833		)	6,493			4,677			2,840			2,374			2,840			466			20	%	466			20	%	(1,837		)	(39	)%
Total wrap ending assets	$	85,942		$	83,042		$	91,101		$	97,514		$	103,104		$	85,942		$	103,104		$	17,162		20	%	$	17,162		20	%	$	5,590		6	%

(1)	See non-GAAP financial information on pg 35.
(2)	Calculated using operating earnings subject to the operating effective tax rate for the last twelve months in the numerator and the average allocated equity as of the last day of the trailing four quarters and current quarter in the denominator.
(3)	Year-to-date is sum of current and prior quarters for the year under review.
(4)	Prior period quarters have been recast to reflect the transfer of Securities America results to the Corporate & Other segment from the Advice & Wealth Management segment.

# Variance of greater than 100%.

15

Statistical Supplement Package

(unaudited)

First Quarter 2011

Asset Management Segment

16

Ameriprise Financial, Inc.

Asset Management Segment

First Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 1Q					YTD Chg - 1Q					Seq Qtr Chg - 1Q
(in millions unless otherwise noted, unaudited)	1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Operating Income Statements
Revenues
Management and financial advice fees	$	307		$	471		$	551		$	650		$	620		$	307		$	620		$	313			#	$	313			#	$	(30	)	(5	)%
Distribution fees	58			88			103			109			115			58			115			57			98	%	57			98	%	6			6	%
Net investment income	3			—			5			6			1			3			1			(2		)	(67	)%	(2		)	(67	)%	(5		)	(83	)%
Premiums	—			—			—			—			—			—			—			—			—		—			—		—			—
Other revenues	1			4			2			8			2			1			2			1				#	1				#	(6		)	(75	)%
Total revenues	369			563			661			773			738			369			738			369				#	369				#	(35		)	(5	)%
Banking and deposit interest expense	—			1			—			—			1			—			1			1			—		1			—		1			—
Operating total net revenues (1)	369			562			661			773			737			369			737			368			100	%	368			100	%	(36		)	(5	)%
Expenses
Distribution expenses	106			186			215			227			258			106			258			152				#	152				#	31			14	%
Interest credited to fixed accounts	—			—			—			—			—			—			—			—			—		—			—		—			—
Benefits, claims, losses and settlement expenses	—			—			—			—			—			—			—			—			—		—			—		—			—
Amortization of deferred acquisition costs	6			5			5			4			4			6			4			(2		)	(33	)%	(2		)	(33	)%	—			—
Interest and debt expense	—			—			—			—			—			—			—			—			—		—			—		—			—
General and administrative expense	235			267			320			379			339			235			339			104			44	%	104			44	%	(40		)	(11	)%
Operating expenses (1)	347			458			540			610			601			347			601			254			73	%	254			73	%	(9		)	(1	)%
Pretax operating earnings (1)	$	22		$	104		$	121		$	163		$	136		$	22		$	136		$	114			#	$	114			#	$	(27	)	(17	)%
Pretax segment income	$	18		$	56		$	104		$	140		$	107		$	18		$	107		$	89			#	$	89			#	$	(33	)	(24	)%
Margins
Pretax segment margin	4.9		%	10.0		%	15.7		%	18.1		%	14.5		%	4.9		%	14.5		%	9.6		%			9.6		%			(3.6		)%
Pretax operating margin (1)	6.0		%	18.5		%	18.3		%	21.1		%	18.5		%	6.0		%	18.5		%	12.5		%			12.5		%			(2.6		)%
Operating total net revenues (1)	$	369		$	562		$	661		$	773		$	737		$	369		$	737		$	368		100	%	$	368		100	%	$	(36	)	(5	)%
Distribution pass thru revenues	(97		)	(158		)	(184		)	(188		)	(207		)	(97		)	(207		)	(110		)		#	(110		)		#	(19		)	(10	)%
Subadvisory and other pass thru revenues	(41		)	(67		)	(89		)	(95		)	(98		)	(41		)	(98		)	(57		)		#	(57		)		#	(3		)	(3	)%
Adjusted operating revenues (1)	$	231		$	337		$	388		$	490		$	432		$	231		$	432		$	201		87	%	$	201		87	%	$	(58	)	(12	)%
Pretax operating earnings (1)	$	22		$	104		$	121		$	163		$	136		$	22		$	136		$	114			#	$	114			#	$	(27	)	(17	)%
Operating net investment income (1)	(3		)	—			(5		)	(6		)	(1		)	(3		)	(1		)	2			67	%	2			67	%	5			83	%
Amortization of intangibles	7			10			12			10			10			7			10			3			43	%	3			43	%	—			—
Adjusted operating earnings (1)	$	26		$	114		$	128		$	167		$	145		$	26		$	145		$	119			#	$	119			#	$	(22	)	(13	)%
Adjusted net pretax operating margin (1)	11.3		%	33.8		%	33.0		%	34.1		%	33.6		%	11.3		%	33.6		%	22.3		%			22.3		%			(0.5		)%
Return on Equity
Allocated equity	$	1,044		$	1,947		$	1,919		$	1,924		$	1,911		$	1,044		$	1,911		$	867		83	%	$	867		83	%	$	(13	)	(1	)%
Return on allocated equity (2)	6.5		%	9.9		%	13.5		%	15.5		%	18.3		%	6.5		%	18.3		%	11.8		%			11.8		%			2.8		%
Operating return on allocated equity (1)(3)	8.5		%	14.1		%	17.6		%	19.8		%	23.2		%	8.5		%	23.2		%	14.7		%			14.7		%			3.4		%

(1)See non-GAAP financial information on pg 35.

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

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

# Variance of greater than 100%.

17

Ameriprise Financial, Inc.

Asset Management Segment

First Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 1Q					YTD Chg - 1Q					Seq Qtr Chg - 1Q
(in millions unless otherwise noted, unaudited)	1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Total Managed Asset Net Flows
Columbia managed asset net flows	$	(482	)	$	(3,817	)	$	(2,830	)	$	(5,198	)	$	(1,982	)	$	(482	)	$	(1,982	)	$	(1,500	)		#	$	(1,500	)		#	$	3,216		62	%
Threadneedle managed asset net flows	22			(1,090		)	1,069			(633		)	(2,984		)	22			(2,984		)	(3,006		)		#	(3,006		)		#	(2,351		)		#
Less: Sub-advised eliminations	(37		)	(34		)	(27		)	32			114			(37		)	114			151				#	151				#	82				#
Total managed asset net flows	$	(497	)	$	(4,941	)	$	(1,788	)	$	(5,799	)	$	(4,852	)	$	(497	)	$	(4,852	)	$	(4,355	)		#	$	(4,355	)		#	$	947		16	%
Total Managed Assets Reconciliations
Columbia managed assets	$	152,624		$	327,406		$	347,050		$	355,489		$	362,960		$	152,624		$	362,960		$	210,336			#	$	210,336			#	$	7,471		2	%
Threadneedle managed assets	97,135			89,319			101,851			105,648			106,765			97,135			106,765			9,630			10	%	9,630			10	%	1,117			1	%
Less: Sub-advised eliminations	(3,752		)	(3,398		)	(4,030		)	(4,304		)	(4,291		)	(3,752		)	(4,291		)	(539		)	(14	)%	(539		)	(14	)%	13			—
Total managed assets	$	246,007		$	413,327		$	444,871		$	456,833		$	465,434		$	246,007		$	465,434		$	219,427		89	%	$	219,427		89	%	$	8,601		2	%
Total Managed Assets by Type
Equity	$	99,752		$	189,734		$	215,095		$	237,120		$	247,257		$	99,752		$	247,257		$	147,505			#	$	147,505			#	$	10,137		4	%
Fixed income	115,922			192,988			198,786			189,545			188,149			115,922			188,149			72,227			62	%	72,227			62	%	(1,396		)	(1	)%
Money market	7,231			7,159			6,734			6,597			6,389			7,231			6,389			(842		)	(12	)%	(842		)	(12	)%	(208		)	(3	)%
Alternative	11,808			11,516			11,505			11,309			10,959			11,808			10,959			(849		)	(7	)%	(849		)	(7	)%	(350		)	(3	)%
Hybrid and other	11,294			11,930			12,751			12,262			12,680			11,294			12,680			1,386			12	%	1,386			12	%	418			3	%
Total managed assets by type	$	246,007		$	413,327		$	444,871		$	456,833		$	465,434		$	246,007		$	465,434		$	219,427		89	%	$	219,427		89	%	$	8,601		2	%

# Variance of greater than 100%.

18

Ameriprise Financial, Inc.

Asset Management Segment - Columbia

First Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 1Q					YTD Chg - 1Q					Seq Qtr Chg - 1Q
(in millions unless otherwise noted, unaudited)	1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Columbia Managed Assets Rollforward
Retail Funds
Beginning assets	$	76,860		$	78,631		$	189,418		$	205,230		$	218,460		$	76,860		$	218,460		$	141,600			#	$	141,600			#	$	13,230		6	%
Mutual fund inflows	2,404			6,817			7,439			9,096			11,395			2,404			11,395			8,991				#	8,991				#	2,299			25	%
Mutual fund outflows	(3,344		)	(9,266		)	(10,731		)	(12,040		)	(12,642		)	(3,344		)	(12,642		)	(9,298		)		#	(9,298		)		#	(602		)	(5	)%
Net VP/VIT fund flows	28			106			691			711			381			28			381			353				#	353				#	(330		)	(46	)%
Net new flows	(912		)	(2,343		)	(2,601		)	(2,233		)	(866		)	(912		)	(866		)	46			5	%	46			5	%	1,367			61	%
Reinvested dividends	190			898			413			1,350			328			190			328			138			73	%	138			73	%	(1,022		)	(76	)%
Net flows	(722		)	(1,445		)	(2,188		)	(883		)	(538		)	(722		)	(538		)	184			25	%	184			25	%	345			39	%
Distributions	(224		)	(1,121		)	(665		)	(1,860		)	(556		)	(224		)	(556		)	(332		)		#	(332		)		#	1,304			70	%
Market appreciation (depreciation) and other (1)	2,717			113,353			18,665			15,973			9,076			2,717			9,076			6,359				#	6,359				#	(6,897		)	(43	)%
Total ending assets	78,631			189,418			205,230			218,460			226,442			78,631			226,442			147,811				#	147,811				#	7,982			4	%
% of total retail assets sub-advised	7.1		%	18.2		%	18.6		%	18.4		%	18.5		%	7.1		%	18.5		%	11.4		%			11.4		%			0.1		%
Institutional
Beginning assets	62,496			64,083			128,176			131,822			127,211			62,496			127,211			64,715				#	64,715				#	(4,611		)	(3	)%
Net flows	47			(2,504		)	(637		)	(3,978		)	(1,010		)	47			(1,010		)	(1,057		)		#	(1,057		)		#	2,968			75	%
Market appreciation (depreciation) and other (2)(3)	1,540			66,597			4,283			(633		)	904			1,540			904			(636		)	(41	)%	(636		)	(41	)%	1,537				#
Total ending assets	64,083			128,176			131,822			127,211			127,105			64,083			127,105			63,022			98	%	63,022			98	%	(106		)	—
Alternative
Beginning assets	9,791			10,063			9,957			10,122			9,971			9,791			9,971			180			2	%	180			2	%	(151		)	(1	)%
Net flows	193			132			(5		)	(337		)	(434		)	193			(434		)	(627		)		#	(627		)		#	(97		)	(29	)%
Market appreciation (depreciation) and other	79			(238		)	170			186			78			79			78			(1		)	(1	)%	(1		)	(1	)%	(108		)	(58	)%
Total ending assets	10,063			9,957			10,122			9,971			9,615			10,063			9,615			(448		)	(4	)%	(448		)	(4	)%	(356		)	(4	)%
Other and Eliminations	(153		)	(145		)	(124		)	(153		)	(202		)	(153		)	(202		)	(49		)	(32	)%	(49		)	(32	)%	(49		)	(32	)%
Total Columbia managed assets	$	152,624		$	327,406		$	347,050		$	355,489		$	362,960		$	152,624		$	362,960		$	210,336			#	$	210,336			#	$	7,471		2	%
Total Columbia net flows	$	(482	)	$	(3,817	)	$	(2,830	)	$	(5,198	)	$	(1,982	)	$	(482	)	$	(1,982	)	$	(1,500	)		#	$	(1,500	)		#	$	3,216		62	%

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

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

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

# Variance of greater than 100%.

19

Ameriprise Financial, Inc.

Asset Management Segment - Threadneedle

First Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 1Q					YTD Chg - 1Q					Seq Qtr Chg - 1Q
(in millions unless otherwise noted, unaudited)	1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Threadneedle Managed Assets Rollforward
Retail Funds (2)
Beginning assets	$	29,090		$	30,393		$	27,291		$	30,673		$	33,394		$	29,090		$	33,394		$	4,304		15	%	$	4,304		15	%	$	2,721		9	%
Net flows	1,344			(488		)	(358		)	1,238			(585		)	1,344			(585		)	(1,929		)		#	(1,929		)		#	(1,823		)		#
Market appreciation (depreciation)	1,665			(2,172		)	2,232			1,694			499			1,665			499			(1,166		)	(70	)%	(1,166		)	(70	)%	(1,195		)	(71	)%
Foreign currency translation (1)	(1,769		)	(540		)	1,402			(240		)	888			(1,769		)	888			2,657				#	2,657				#	1,128				#
Other	63			98			106			29			79			63			79			16			25	%	16			25	%	50				#
Total ending assets	30,393			27,291			30,673			33,394			34,275			30,393			34,275			3,882			13	%	3,882			13	%	881			3	%
Institutional
Beginning assets	66,934			64,997			60,469			69,795			70,916			66,934			70,916			3,982			6	%	3,982			6	%	1,121			2	%
Net flows	(1,300		)	(692		)	1,610			(1,769		)	(2,364		)	(1,300		)	(2,364		)	(1,064		)	(82	)%	(1,064		)	(82	)%	(595		)	(34	)%
Market appreciation (depreciation)	3,014			(3,317		)	4,176			2,876			291			3,014			291			(2,723		)	(90	)%	(2,723		)	(90	)%	(2,585		)	(90	)%
Foreign currency translation (1)	(4,036		)	(1,062		)	3,127			(473		)	1,896			(4,036		)	1,896			5,932				#	5,932				#	2,369				#
Other	385			543			413			487			407			385			407			22			6	%	22			6	%	(80		)	(16	)%
Total ending assets	64,997			60,469			69,795			70,916			71,146			64,997			71,146			6,149			9	%	6,149			9	%	230			—
Alternative
Beginning assets	1,799			1,745			1,559			1,383			1,338			1,799			1,338			(461		)	(26	)%	(461		)	(26	)%	(45		)	(3	)%
Net flows	(22		)	90			(183		)	(102		)	(35		)	(22		)	(35		)	(13		)	(59	)%	(13		)	(59	)%	67			66	%
Market appreciation (depreciation)	65			(260		)	(85		)	51			(10		)	65			(10		)	(75		)		#	(75		)		#	(61		)		#
Foreign currency translation (1)	(108		)	(30		)	77			(7		)	35			(108		)	35			143				#	143				#	42				#
Other	11			14			15			13			16			11			16			5			45	%	5			45	%	3			23	%
Total ending assets	1,745			1,559			1,383			1,338			1,344			1,745			1,344			(401		)	(23	)%	(401		)	(23	)%	6			—
Total Threadneedle managed assets	$	97,135		$	89,319		$	101,851		$	105,648		$	106,765		$	97,135		$	106,765		$	9,630		10	%	$	9,630		10	%	$	1,117		1	%
Total Threadneedle net flows	$	22		$	(1,090	)	$	1,069		$	(633	)	$	(2,984	)	$	22		$	(2,984	)	$	(3,006	)		#	$	(3,006	)		#	$	(2,351	)		#

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

(2)Dividends reinvested are currently included in the net flows line.  We are working toward presenting the retail funds rollforward consistent with the Columbia retail funds rollforward.

# Variance of greater than 100%.

20

Ameriprise Financial, Inc.

Asset Management Segment

First Quarter 2011

	1 Qtr 2010		2 Qtr 2010		3 Qtr 2010		4 Qtr 2010		1 Qtr 2011
Mutual Fund Performance
Columbia
Equal Weighted Mutual Fund Rankings in top 2 Lipper Quartiles
Equity - 12 month	58	%	49	%	55	%	68	%	58	%
Fixed income - 12 month	50	%	52	%	67	%	58	%	72	%
Equity - 3 year	45	%	48	%	46	%	52	%	52	%
Fixed income - 3 year	68	%	68	%	77	%	79	%	82	%
Equity - 5 year	71	%	75	%	69	%	67	%	62	%
Fixed income - 5 year	63	%	75	%	79	%	76	%	78	%
Asset Weighted Mutual Fund Rankings in top 2 Lipper Quartiles
Equity - 12 month	78	%	73	%	54	%	62	%	52	%
Fixed income - 12 month	51	%	45	%	56	%	61	%	65	%
Equity - 3 year	56	%	61	%	71	%	73	%	69	%
Fixed income - 3 year	59	%	64	%	78	%	67	%	83	%
Equity - 5 year	75	%	88	%	81	%	78	%	75	%
Fixed income - 5 year	58	%	65	%	75	%	63	%	77	%
Threadneedle
Equal Weighted Mutual Fund Rankings in top 2 Morningstar Quartiles
Equity - 12 month	31	%	62	%	62	%	77	%	86	%
Fixed income - 12 month	60	%	40	%	20	%	40	%	30	%
Equity - 3 year	93	%	97	%	93	%	79	%	85	%
Fixed income - 3 year	80	%	80	%	80	%	50	%	60	%
Equity - 5 year	93	%	93	%	93	%	93	%	93	%
Fixed income - 5 year	78	%	67	%	67	%	50	%	60	%

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

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

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

Aggregated data shows actively-managed mutual funds by affiliated investment managers as well as certain index funds.  Effective first quarter of 2011, we have clarified the definition of the included funds. Percentages did not change.

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

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

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

21

Statistical Supplement Package

(unaudited)

First Quarter 2011

Annuities Segment

22

Ameriprise Financial, Inc.

Annuities Segment

First Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 1Q					YTD Chg - 1Q					Seq Qtr Chg - 1Q
(in millions unless otherwise noted, unaudited)	1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Operating Income Statements
Revenues
Management and financial advice fees	$	127		$	130		$	139		$	150		$	155		$	127		$	155		$	28		22	%	$	28		22	%	$	5		3	%
Distribution fees	70			76			65			73			76			70			76			6			9	%	6			9	%	3			4	%
Net investment income	327			326			327			329			323			327			323			(4		)	(1	)%	(4		)	(1	)%	(6		)	(2	)%
Premiums	31			42			43			34			34			31			34			3			10	%	3			10	%	—			—
Other revenues	44			52			53			53			55			44			55			11			25	%	11			25	%	2			4	%
Total revenues	599			626			627			639			643			599			643			44			7	%	44			7	%	4			1	%
Banking and deposit interest expense	—			—			—			—			—			—			—			—			—		—			—		—			—
Operating total net revenues (1)	599			626			627			639			643			599			643			44			7	%	44			7	%	4			1	%
Expenses
Distribution expenses	61			70			70			67			76			61			76			15			25	%	15			25	%	9			13	%
Interest credited to fixed accounts	192			194			188			188			172			192			172			(20		)	(10	)%	(20		)	(10	)%	(16		)	(9	)%
Benefits, claims, losses and settlement expenses	95			126			359			102			96			95			96			1			1	%	1			1	%	(6		)	(6	)%
Amortization of deferred acquisition costs	66			80			(296		)	58			73			66			73			7			11	%	7			11	%	15			26	%
Interest and debt expense	—			—			2			—			—			—			—			—			—		—			—		—			—
General and administrative expense	51			54			47			53			52			51			52			1			2	%	1			2	%	(1		)	(2	)%
Operating expenses (1)	465			524			370			468			469			465			469			4			1	%	4			1	%	1			—
Pretax operating earnings (1)	$	134		$	102		$	257		$	171		$	174		$	134		$	174		$	40		30	%	$	40		30	%	$	3		2	%
Pretax segment income	$	120		$	133		$	264		$	131		$	154		$	120		$	154		$	34		28	%	$	34		28	%	$	23		18	%
Margins
Pretax segment margin	19.9		%	21.1		%	42.2		%	20.4		%	24.1		%	19.9		%	24.1		%	4.2		%			4.2		%			3.7		%
Pretax operating margin (1)	22.4		%	16.3		%	41.0		%	26.8		%	27.1		%	22.4		%	27.1		%	4.7		%			4.7		%			0.3		%
Return on Equity
Allocated equity	$	2,317		$	2,395		$	2,539		$	2,582		$	2,696		$	2,317		$	2,696		$	379		16	%	$	379		16	%	$	114		4	%
Return on allocated equity (2)	20.7		%	22.8		%	21.4		%	20.1		%	21.1		%	20.7		%	21.1		%	0.4		%			0.4		%			1.0		%
Operating return on allocated equity (1)(3)	24.1		%	22.2		%	20.1		%	20.4		%	21.5		%	24.1		%	21.5		%	(2.6		)%			(2.6		)%			1.1		%
Market impact on variable annuity guaranteed living benefits (4)
FAS 157 valuation impact	$	(6	)	$	54		$	(8	)	$	(45	)	$	(7	)	$	(6	)	$	(7	)	$	(1	)	(17	)%	$	(1	)	(17	)%	$	38		84	%
Other	(11		)	(27		)	16			2			(10		)	(11		)	(10		)	1			9	%	1			9	%	(12		)		#
Total VA guaranteed living benefit impact excluded from operating earnings	$	(17	)	$	27		$	8		$	(43	)	$	(17	)	$	(17	)	$	(17	)	$	—		—		$	—		0	%	$	26		60	%
Total annuity net flows	$	(68	)	$	9		$	325		$	177		$	(144	)	$	(68	)	$	(144	)	$	(76	)		#	$	(76	)		#	$	(321	)		#

(1)See non-GAAP financial information on pg 35.

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

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

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

#Variance of greater than 100%.

23

Ameriprise Financial, Inc.

Annuities Segment

First Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 1Q					YTD Chg - 1Q					Seq Qtr Chg - 1Q
(in millions unless otherwise noted, unaudited)	1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Product Information
Variable Annuities
Operating earnings(1)	$	74		$	41		$	80		$	105		$	103		$	74		$	103		$	29		39	%	$	29		39	%	$	(2	)	(2	)%
Allocated equity	$	971		$	1,083		$	1,133		$	1,261		$	1,274		$	971		$	1,274		$	303		31	%	$	303		31	%	$	13		1	%
Operating return on allocated equity (1)(2)	39.8		%	32.3		%	20.7		%	20.9		%	22.3		%	39.8		%	22.3		%	(17.5		)%			(17.5		)%			1.4		%
Fixed Annuities(3)
Operating earnings(1)	$	60		$	61		$	177		$	66		$	71		$	60		$	71		$	11		18	%	$	11		18	%	$	5		8	%
Allocated equity	$	1,346		$	1,312		$	1,406		$	1,321		$	1,422		$	1,346		$	1,422		$	76		6	%	$	76		6	%	$	101		8	%
Operating return on allocated equity (1)(2)	13.3		%	14.9		%	19.6		%	20.0		%	20.9		%	13.3		%	20.9		%	7.6		%			7.6		%			0.9		%
Variable Annuities Rollforward
Beginning balance	$	55,106		$	56,978		$	54,025		$	58,974		$	62,637		$	55,106		$	62,637		$	7,531		14	%	$	7,531		14	%	$	3,663		6	%
Deposits	1,181			1,411			1,730			1,865			1,604			1,181			1,604			423			36	%	423			36	%	(261		)	(14	)%
Withdrawals and terminations	(1,083		)	(1,212		)	(1,246		)	(1,464		)	(1,500		)	(1,083		)	(1,500		)	(417		)	(39	)%	(417		)	(39	)%	(36		)	(2	)%
Net flows	98			199			484			401			104			98			104			6			6	%	6			6	%	(297		)	(74	)%
Investment performance and interest credited	1,859			(3,150		)	4,465			3,262			2,000			1,859			2,000			141			8	%	141			8	%	(1,262		)	(39	)%
Other	(85		)	(2		)	—			—			—			(85		)	—			85				#	85				#	—			—
Total ending balance - contract accumulation values	$	56,978		$	54,025		$	58,974		$	62,637		$	64,741		$	56,978		$	64,741		$	7,763		14	%	$	7,763		14	%	$	2,104		3	%
Variable annuities fixed sub-accounts	$	6,119		$	4,914		$	4,926		$	4,864		$	4,790		$	6,119		$	4,790		$	(1,329	)	(22	)%	$	(1,329	)	(22	)%	$	(74	)	(2	)%
Fixed Annuities Rollforward
Beginning balance	$	14,623		$	14,599		$	14,547		$	14,527		$	14,441		$	14,623		$	14,441		$	(182	)	(1	)%	$	(182	)	(1	)%	$	(86	)	(1	)%
Deposits	163			130			140			96			95			163			95			(68		)	(42	)%	(68		)	(42	)%	(1		)	(1	)%
Withdrawals and terminations	(329		)	(320		)	(299		)	(320		)	(343		)	(329		)	(343		)	(14		)	(4	)%	(14		)	(4	)%	(23		)	(7	)%
Net flows	(166		)	(190		)	(159		)	(224		)	(248		)	(166		)	(248		)	(82		)	(49	)%	(82		)	(49	)%	(24		)	(11	)%
Policyholder interest credited	142			138			139			138			131			142			131			(11		)	(8	)%	(11		)	(8	)%	(7		)	(5	)%
Other	—			—			—			—			—			—			—			—			—		—			—		—			—
Total ending balance - contract accumulation values	$	14,599		$	14,547		$	14,527		$	14,441		$	14,324		$	14,599		$	14,324		$	(275	)	(2	)%	$	(275	)	(2	)%	$	(117	)	(1	)%
Capitalized Interest	$	5		$	3		$	1		$	2		$	1		$	5		$	1		$	(4	)	(80	)%	$	(4	)	(80	)%	$	(1	)	(50	)%
Payout Annuities Reserve Balance	$	2,094		$	2,105		$	2,111		$	2,111		$	2,109		$	2,094		$	2,109		$	15		1	%	$	15		1	%	$	(2	)	—
Tax Equivalent Spread - Fixed Annuities(4)
Gross rate of return on invested assets (5) (6)	6.0		%	6.1		%	6.5		%	6.4		%	6.3		%	6.0		%	6.3		%	0.3		%			0.3		%			(0.1		)%
Crediting rate excluding capitalized interest	(3.9		)%	(3.9		)%	(3.8		)%	(3.8		)%	(3.7		)%	(3.9		)%	(3.7		)%	0.2		%			0.2		%			0.1		%
Tax equivalent margin spread	2.1		%	2.2		%	2.7		%	2.6		%	2.6		%	2.1		%	2.6		%	0.5		%			0.5		%			—
Total Variable Annuities DAC
Beginning balance	$	2,132		$	2,121		$	2,082		$	2,378		$	2,493		$	2,132		$	2,493		$	361		17	%	$	361		17	%	$	115		5	%
Capitalization	53			77			92			97			76			53			76			23			43	%	23			43	%	(21		)	(22	)%
Amortization due to market impact on VA guaranteed living benefits	6			(41		)	(10		)	29			10			6			10			4			67	%	4			67	%	(19		)	(66	)%
Operating amortization per income statement	(52		)	(63		)	232			(43		)	(59		)	(52		)	(59		)	(7		)	(13	)%	(7		)	(13	)%	(16		)	(37	)%
Other	(18		)	(12		)	(18		)	32			2			(18		)	2			20				#	20				#	(30		)	(94	)%
Total ending balance	$	2,121		$	2,082		$	2,378		$	2,493		$	2,522		$	2,121		$	2,522		$	401		19	%	$	401		19	%	$	29		1	%
Total Fixed Annuities DAC
Beginning balance	$	301		$	247		$	198		$	229		$	272		$	301		$	272		$	(29	)	(10	)%	$	(29	)	(10	)%	$	43		19	%
Capitalization	7			6			4			4			2			7			2			(5		)	(71	)%	(5		)	(71	)%	(2		)	(50	)%
Amortization per income statement	(14		)	(17		)	64			(15		)	(14		)	(14		)	(14		)	—			—		—			—		1			7	%
Other	(47		)	(38		)	(37		)	54			5			(47		)	5			52				#	52				#	(49		)	(91	)%
Total ending balance	$	247		$	198		$	229		$	272		$	265		$	247		$	265		$	18		7	%	$	18		7	%	$	(7	)	(3	)%

(1)See non-GAAP financial information on pg 35.

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

(3)Includes payout annuities.

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

(5)The Gross rate of return on invested assets for the 1st quarter of 2010 is affected by a significant purchase of a forward settled Agency Backed TBA position that is recorded on a trade basis.  Without this position, the Gross rate of return on invested assets for the 1st quarter 2010 would have been approximately 6.1%.

(6)In the 2nd, 3rd, and 4th quarters of 2010 and the 1st quarter of 2011, the Gross rates of return on invested assets were impacted by outstanding repurchase agreements.  Without these positions, the Gross rates of return on invested assets would have been 6.0%, 6.2%, 6.1%, and 6.0% respectively.

#Variance of greater than 100%.

24

��

Statistical Supplement Package

(unaudited)

First Quarter 2011

Protection Segment

25

Ameriprise Financial, Inc.

Protection Segment

First Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 1Q					YTD Chg - 1Q					Seq Qtr Chg - 1Q
(in millions unless otherwise noted, unaudited)	1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Operating Income Statements
Revenues
Management and financial advice fees	$	13		$	13		$	13		$	15		$	14		$	13		$	14		$	1		8	%	$	1		8	%	$	(1	)	(7	)%
Distribution fees	24			24			24			24			23			24			23			(1		)	(4	)%	(1		)	(4	)%	(1		)	(4	)%
Net investment income	102			110			108			108			107			102			107			5			5	%	5			5	%	(1		)	(1	)%
Premiums	257			264			266			268			264			257			264			7			3	%	7			3	%	(4		)	(1	)%
Other revenues	110			109			91			112			110			110			110			—			—		—			—		(2		)	(2	)%
Total revenues	506			520			502			527			518			506			518			12			2	%	12			2	%	(9		)	(2	)%
Banking and deposit interest expense	—			—			—			1			—			—			—			—			—		—			—		(1		)		#
Operating total net revenues (1)	506			520			502			526			518			506			518			12			2	%	12			2	%	(8		)	(2	)%
Expenses
Distribution expenses	8			9			8			7			6			8			6			(2		)	(25	)%	(2		)	(25	)%	(1		)	(14	)%
Interest credited to fixed accounts	36			37			39			35			35			36			35			(1		)	(3	)%	(1		)	(3	)%	—			—
Benefits, claims, losses and settlement expenses	236			240			299			291			261			236			261			25			11	%	25			11	%	(30		)	(10	)%
Amortization of deferred acquisition costs	52			45			35			51			49			52			49			(3		)	(6	)%	(3		)	(6	)%	(2		)	(4	)%
Interest and debt expense	—			—			—			—			—			—			—			—			—		—			—		—			—
General and administrative expense	56			55			56			56			61			56			61			5			9	%	5			9	%	5			9	%
Operating expenses (1)	388			386			437			440			412			388			412			24			6	%	24			6	%	(28		)	(6	)%
Pretax operating earnings (1)	$	118		$	134		$	65		$	86		$	106		$	118		$	106		$	(12	)	(10	)%	$	(12	)	(10	)%	$	20		23	%
Pretax segment income	$	119		$	135		$	65		$	85		$	107		$	119		$	107		$	(12	)	(10	)%	$	(12	)	(10	)%	$	22		26	%
Margins
Pretax segment margin	23.5		%	25.9		%	12.9		%	16.2		%	20.6		%	23.5		%	20.6		%	(2.9		)%			(2.9		)%			4.4		%
Pretax operating margin (1)	23.3		%	25.8		%	12.9		%	16.3		%	20.5		%	23.3		%	20.5		%	(2.8		)%			(2.8		)%			4.2		%
Return on Equity
Allocated equity	$	2,560		$	2,654		$	2,668		$	2,596		$	2,594		$	2,560		$	2,594		$	34		1	%	$	34		1	%	$	(2	)	—
Return on allocated equity (2)	15.8		%	16.3		%	13.6		%	12.0		%	11.9		%	15.8		%	11.9		%	(3.9		)%			(3.9		)%			(0.1		)%
Operating return on allocated equity (1)(3)	14.7		%	15.5		%	13.0		%	11.8		%	11.7		%	14.7		%	11.7		%	(3.0		)%			(3.0		)%			(0.1		)%
Product Information
Long Term Care
Operating earnings(1)	$	14		$	6		$	6		$	10		$	9		$	14		$	9		$	(5	)	(36	)%	$	(5	)	(36	)%	$	(1	)	(10	)%
Allocated equity	$	622		$	636		$	651		$	648		$	648		$	622		$	648		$	26		4	%	$	26		4	%	$	—		—
Operating return on allocated equity (1)(3)	5.1		%	5.2		%	4.7		%	4.3		%	3.8		%	5.1		%	3.8		%	(1.3		)%			(1.3		)%			(0.5		)%
Protection excluding Long Term Care
Operating earnings(1)	$	104		$	128		$	59		$	76		$	97		$	104		$	97		$	(7	)	(7	)%	$	(7	)	(7	)%	$	21		28	%
Allocated equity	$	1,938		$	2,018		$	2,017		$	1,948		$	1,946		$	1,938		$	1,946		$	8		—		$	8		—		$	(2	)	—
Operating return on allocated equity (1)(3)	17.7		%	18.7		%	15.6		%	14.3		%	14.2		%	17.7		%	14.2		%	(3.5		)%			(3.5		)%			(0.1		)%

(1)See non-GAAP financial information on pg 35.

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

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

#Variance of greater than 100%.

26

Ameriprise Financial, Inc.

Protection Segment

First Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 1Q					YTD Chg - 1Q					Seq Qtr Chg - 1Q
(in millions unless otherwise noted, unaudited)	1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Cash Sales
VUL / UL (1)	$	54		$	59		$	54		$	54		$	37		$	54		$	37		$	(17	)	(31	)%	$	(17	)	(31	)%	$	(17	)	(31	)%
Term and whole life	3			3			4			3			3			3			3			—			—		—			—		—			—
Disability insurance	1			2			2			1			1			1			1			—			—		—			—		—			—
Auto and Home	177			177			188			174			185			177			185			8			5	%	8			5	%	11			6	%
Total cash sales	$	235		$	241		$	248		$	232		$	226		$	235		$	226		$	(9	)	(4	)%	$	(9	)	(4	)%	$	(6	)	(3	)%
VUL / UL Policyholder Account Balances
Beginning balance	$	8,803		$	9,009		$	8,560		$	9,079		$	9,492		$	8,803		$	9,492		$	689		8	%	$	689		8	%	$	413		5	%
Premiums and deposits	236			233			226			241			225			236			225			(11		)	(5	)%	(11		)	(5	)%	(16		)	(7	)%
Investment performance and interest	247			(413		)	570			457			269			247			269			22			9	%	22			9	%	(188		)	(41	)%
Withdrawals and surrenders	(277		)	(269		)	(277		)	(286		)	(288		)	(277		)	(288		)	(11		)	(4	)%	(11		)	(4	)%	(2		)	(1	)%
Other	—			—			—			1			—			—			—			—			—		—			—		(1		)		#
Total ending balance	$	9,009		$	8,560		$	9,079		$	9,492		$	9,698		$	9,009		$	9,698		$	689		8	%	$	689		8	%	$	206		2	%
Premiums by Product
Term and whole life	$	13		$	15		$	13		$	13		$	13		$	13		$	13		$	—		—		$	—		—		$	—		—
Disability insurance	41			42			42			40			40			41			40			(1		)	(2	)%	(1		)	(2	)%	—			—
Long term care	29			30			30			31			29			29			29			—			—		—			—		(2		)	(6	)%
Auto and Home	167			171			175			177			175			167			175			8			5	%	8			5	%	(2		)	(1	)%
Intercompany premiums	7			6			6			7			7			7			7			—			—		—			—		—			—
Total premiums by product	$	257		$	264		$	266		$	268		$	264		$	257		$	264		$	7		3	%	$	7		3	%	$	(4	)	(1	)%
Auto and Home Insurance
Policy count (thousands)	608			623			639			650			664			608			664			56			9	%	56			9	%	14			2	%
Loss ratio	81.3		%	80.3		%	80.1		%	96.5		%	85.6		%	81.3		%	85.6		%	4.3		%			4.3		%			(10.9		)%
Expense ratio	14.7		%	15.1		%	15.7		%	16.3		%	15.4		%	14.7		%	15.4		%	0.7		%			0.7		%			(0.9		)%
Combined ratio	96.0		%	95.4		%	95.8		%	112.8		%	101.0		%	96.0		%	101.0		%	5.0		%			5.0		%			(11.8		)%
DAC Rollforward
Life and Health
Beginning balance	$	1,852		$	1,828		$	1,798		$	1,787		$	1,813		$	1,852		$	1,813		$	(39	)	(2	)%	$	(39	)	(2	)%	$	26		1	%
Capitalization	27			31			29			32			27			27			27			—			—		—			—		(5		)	(16	)%
Amortization per income statement	(39		)	(33		)	(21		)	(36		)	(34		)	(39		)	(34		)	5			13	%	5			13	%	2			6	%
Other	(12		)	(28		)	(19		)	30			5			(12		)	5			17				#	17				#	(25		)	(83	)%
Total ending balance	$	1,828		$	1,798		$	1,787		$	1,813		$	1,811		$	1,828		$	1,811		$	(17	)	(1	)%	$	(17	)	(1	)%	$	(2	)	—
Life insurance in force	$	192,477		$	192,192		$	192,102		$	191,819		$	191,657		$	192,477		$	191,657		$	(820	)	—		$	(820	)	—		$	(162	)	—
Net Amount at Risk	$	51,502		$	50,952		$	49,713		$	48,335		$	47,583		$	51,502		$	47,583		$	(3,919	)	(8	)%	$	(3,919	)	(8	)%	$	(752	)	(2	)%
Net Policyholder Reserves
VUL / UL	$	7,991		$	7,560		$	8,102		$	8,517		$	8,737		$	7,991		$	8,737		$	746		9	%	$	746		9	%	$	220		3	%
Term and whole life	230			230			235			235			234			230			234			4			2	%	4			2	%	(1		)	—
Disability insurance	486			489			498			504			511			486			511			25			5	%	25			5	%	7			1	%
Long term care and other	2,443			2,464			2,489			2,514			2,524			2,443			2,524			81			3	%	81			3	%	10			—
Auto and Home loss and LAE reserves	314			318			317			328			328			314			328			14			4	%	14			4	%	—			—
Total net policyholder reserves	$	11,464		$	11,061		$	11,641		$	12,098		$	12,334		$	11,464		$	12,334		$	870		8	%	$	870		8	%	$	236		2	%

(1)Includes lump sum deposits.

#Variance of greater than 100%.

27

Statistical Supplement Package

(unaudited)

First Quarter 2011

Corporate & Other Segment

28

Ameriprise Financial, Inc.

Corporate & Other Segment (2)

First Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 1Q					YTD Chg - 1Q					Seq Qtr Chg - 1Q
(in millions unless otherwise noted, unaudited)	1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Operating Income Statements
Revenues
Management and financial advice fees	$	42		$	45		$	44		$	46		$	47		$	42		$	47		$	5		12	%	$	5		12	%	$	1		2	%
Distribution fees	66			67			66			65			70			66			70			4			6	%	4			6	%	5			8	%
Net investment income	—			(14		)	2			(5		)	(7		)	—			(7		)	(7		)	—		(7		)	—		(2		)	(40	)%
Premiums	—			—			—			—			—			—			—			—			—		—			—		—			—
Other revenues	26			7			8			9			6			26			6			(20		)	(77	)%	(20		)	(77	)%	(3		)	(33	)%
Total revenues	134			105			120			115			116			134			116			(18		)	(13	)%	(18		)	(13	)%	1			1	%
Banking and deposit interest expense	—			3			—			—			—			—			—			—			—		—			—		—			—
Operating total net revenues (1)	134			102			120			115			116			134			116			(18		)	(13	)%	(18		)	(13	)%	1			1	%
Expenses
Distribution expenses	90			94			92			94			97			90			97			7			8	%	7			8	%	3			3	%
Interest credited to fixed accounts	—			—			—			—			—			—			—			—			—		—			—		—			—
Benefits, claims, losses and settlement expenses	—			—			—			—			—			—			—			—			—		—			—		—			—
Amortization of deferred acquisition costs	—			—			—			—			—			—			—			—			—		—			—		—			—
Interest and debt expense	24			29			27			27			25			24			25			1			4	%	1			4	%	(2		)	(7	)%
General and administrative expense	47			55			50			107			175			47			175			128				#	128				#	68			64	%
Operating expenses (1)	161			178			169			228			297			161			297			136			84	%	136			84	%	69			30	%
Pretax operating (loss) (1)	$	(27	)	$	(76	)	$	(49	)	$	(113	)	$	(181	)	$	(27	)	$	(181	)	$	(154	)		#	$	(154	)		#	$	(68	)	(60	)%
Pretax segment income (loss)	$	56		$	59		$	(79	)	$	(128	)	$	(197	)	$	56		$	(197	)	$	(253	)		#	$	(253	)		#	$	(69	)	(54	)%
Pretax segment (loss) attributable to Ameriprise Financial	$	(26	)	$	(80	)	$	(47	)	$	(102	)	$	(179	)	$	(26	)	$	(179	)	$	(153	)		#	$	(153	)		#	$	(77	)	(75	)%
Securities America (now included in Corporate & Other segment above)
Operating total net revenues (1)	$	114		$	116		$	116		$	121		$	122		$	114		$	122		$	8		7	%	$	8		7	%	$	1		1	%
Operating expenses (1)	111			114			117			140			237			111			237			126				#	126				#	97			69	%
Pretax operating earnings (loss) (1)	$	3		$	2		$	(1	)	$	(19	)	$	(115	)	$	3		$	(115	)	$	(118	)		#	$	(118	)		#	$	(96	)		#
Other Metrics
SAI independent advisors	1,906			1,898			1,885			1,826			1,846			1,906			1,846			(60		)	(3	)%	(60		)	(3	)%	20			1	%
Total wrap accounts
Beginning assets	$	13,669		$	14,043		$	13,823		$	14,161		$	15,225		$	13,669		$	15,225		$	1,556		11	%	$	1,556		11	%	$	1,064		8	%
Net flows	196			312			223			229			63			196			63			(133		)	(68	)%	(133		)	(68	)%	(166		)	(72	)%
Market appreciation (depreciation) and other	178			(532		)	115			835			226			178			226			48			27	%	48			27	%	(609		)	(73	)%
Total wrap ending assets	$	14,043		$	13,823		$	14,161		$	15,225		$	15,514		$	14,043		$	15,514		$	1,471		10	%	$	1,471		10	%	$	289		2	%
Total client assets (at period end)	$	24,432		$	23,675		$	24,852		$	25,651		$	26,278		$	24,432		$	26,278		$	1,846		8	%	$	1,846		8	%	$	627		2	%

(1) See non-GAAP financial information on pg 35.

(2) Prior period quarters have been recast to reflect the transfer of Securities America results to the Corporate & Other segment from the Advice & Wealth Management segment.

# Variance of greater than 100%.

29

Ameriprise Financial, Inc.

Eliminations(1)

First Quarter 2011

																						Prior Year Comparisons
																Year-to-Date						Qtr Chg - 1Q					YTD Chg - 1Q					Seq Qtr Chg - 1Q
(in millions unless otherwise noted, unaudited)	1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2010			2011			Diff.			%		Diff.			%		Diff.			%
Operating Income Statements
Revenues
Management and financial advice fees	$	(32	)	$	(31	)	$	(31	)	$	(33	)	$	(28	)	$	(32	)	$	(28	)	$	4		13	%	$	4		13	%	$	5		15	%
Distribution fees	(197		)	(246		)	(272		)	(275		)	(278		)	(197		)	(278		)	(81		)	(41	)%	(81		)	(41	)%	(3		)	(1	)%
Net investment income	—			—			—			(1		)	—			—			—			—			—		—			—		1				#
Premiums	(6		)	(7		)	(6		)	(7		)	(6		)	(6		)	(6		)	—			—		—			—		1			14	%
Other revenues	—			—			—			—			—			—			—			—			—		—			—		—			—
Total revenues	(235		)	(284		)	(309		)	(316		)	(312		)	(235		)	(312		)	(77		)	(33	)%	(77		)	(33	)%	4			1	%
Banking and deposit interest expense	—			(1		)	—			(1		)	(1		)	—			(1		)	(1		)	—		(1		)	—		—			—
Operating total net revenues (2)	(235		)	(283		)	(309		)	(315		)	(311		)	(235		)	(311		)	(76		)	(32	)%	(76		)	(32	)%	4			1	%
Expenses
Distribution expenses	(186		)	(232		)	(252		)	(257		)	(262		)	(186		)	(262		)	(76		)	(41	)%	(76		)	(41	)%	(5		)	(2	)%
Interest credited to fixed accounts	—			—			—			—			—			—			—			—			—		—			—		—			—
Benefits, claims, losses and settlement expenses	—			—			—			—			—			—			—			—			—		—			—		—			—
Amortization of deferred acquisition costs	—			—			—			—			—			—			—			—			—		—			—		—			—
Interest and debt expense	—			—			—			—			—			—			—			—			—		—			—		—			—
General and administrative expense	(49		)	(51		)	(57		)	(58		)	(49		)	(49		)	(49		)	—			—		—			—		9			16	%
Operating expenses (2)	(235		)	(283		)	(309		)	(315		)	(311		)	(235		)	(311		)	(76		)	(32	)%	(76		)	(32	)%	4			1	%
Pretax operating earnings (2)	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—		—		$	—		—		$	—		—

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

(2) See non-GAAP financial information on pg 35.

# Variance of greater than 100%.

30

Statistical Supplement Package

(unaudited)

First Quarter 2011

Balance Sheet and Ratings Information

31

Ameriprise Financial, Inc.

Consolidated Balance Sheets

First Quarter 2011

(in millions, unaudited)	March 31, 2010			June 30, 2010			September 30, 2010			December 31, 2010			March 31, 2011
Assets
Ameriprise Financial
Cash and cash equivalents	$	4,816		$	3,827		$	3,685		$	2,861		$	2,460
Investments	35,765			36,526			37,980			37,053			37,457
Separate account assets	60,326			58,029			64,014			68,330			70,260
Receivables	4,768			4,906			4,892			5,037			5,505
Deferred acquisition costs	4,243			4,123			4,437			4,619			4,638
Restricted and segregated cash	1,532			1,272			1,447			1,516			1,472
Other assets	4,007			5,612			5,818			4,905			4,767
Total Ameriprise Financial assets	115,457			114,295			122,273			124,321			126,559
Consolidated Investment Entities
Cash and cash equivalents	613			570			403			472			906
Investments	5,349			5,437			5,375			5,444			5,363
Receivables	80			92			77			60			84
Other assets	874			685			885			895			920
Total Consolidated Investment Entities assets	6,916			6,784			6,740			6,871			7,273
Total Assets	$	122,373		$	121,079		$	129,013		$	131,192		$	133,832
Liabilities
Ameriprise Financial
Future policy benefits and claims	$	30,866		$	30,677		$	31,124		$	30,208		$	29,817
Separate account liabilities	60,326			58,029			64,014			68,330			70,260
Customer deposits	8,632			8,421			8,492			8,779			8,911
Short-term borrowings	—			484			869			397			497
Long-term debt	2,612			2,684			2,735			2,317			2,298
Accounts payable and accrued expenses	748			1,019			1,049			1,137			885
Other liabilities	2,743			3,166			3,662			3,015			3,882
Total Ameriprise Financial liabilities	105,927			104,480			111,945			114,183			116,550
Consolidated Investment Entities
Debt	5,502			5,296			5,456			5,535			5,712
Accounts payable and accrued expenses	17			21			26			22			22
Other liabilities	231			163			82			167			359
Total Consolidated Investment Entities liabilities	5,750			5,480			5,564			5,724			6,093
Total Liabilities	111,677			109,960			117,509			119,907			122,643
Shareholders’ Equity
Ameriprise Financial
Common shares ($.01 par)	3			3			3			3			3
Additional paid-in capital	5,819			5,869			5,917			6,029			6,043
Retained earnings	5,445			5,658			5,955			6,190			6,385
Appropriated retained earnings of consolidated investment entities	508			620			590			558			530
Treasury stock	(2,038		)	(2,259		)	(2,412		)	(2,620		)	(2,952		)
Accumulated other comprehensive income, net of tax	367			607			897			565			542
Total Ameriprise Financial shareholders’ equity	10,104			10,498			10,950			10,725			10,551
Noncontrolling interests	592			621			554			560			638
Total Equity	10,696			11,119			11,504			11,285			11,189
Total Liabilities and Shareholders’ Equity	$	122,373		$	121,079		$	129,013		$	131,192		$	133,832

32

Ameriprise Financial, Inc.

Capital and Ratings Information

First Quarter 2011

(in millions unless otherwise noted, unaudited)	March 31, 2010			June 30, 2010			September 30, 2010			December 31, 2010			March 31, 2011
Long-term Debt Summary
Senior notes	$	2,284		$	2,356		$	2,407		$	2,003		$	1,990
Junior subordinated notes	322			322			322			308			308
Non-recourse debt for inverse floaters	6			6			6			6			—
Total Ameriprise Financial long-term debt	2,612			2,684			2,735			2,317			2,298
Non-recourse debt of consolidated investment entities	5,502			5,296			5,456			5,535			5,712
Total long-term debt	$	8,114		$	7,980		$	8,191		$	7,852		$	8,010
Total Ameriprise Financial long-term debt	$	2,612		$	2,684		$	2,735		$	2,317		$	2,298
Total non-recourse debt for inverse floaters	(6		)	(6		)	(6		)	(6		)	—
Fair value of hedges and unamortized discount	6			(66		)	(117		)	(53		)	(40		)
Total Ameriprise Financial long-term debt excluding non-recourse debt for inverse floaters, fair value of hedges and unamortized discount (1)	$	2,612		$	2,612		$	2,612		$	2,258		$	2,258
Total equity (3)	$	10,696		$	11,119		$	11,504		$	11,285		$	11,189
Noncontrolling interests	(592		)	(621		)	(554		)	(560		)	(638		)
Total Ameriprise Financial shareholders’ equity	10,104			10,498			10,950			10,725			10,551
Equity of consolidated investment entities	(482		)	(596		)	(561		)	(529		)	(501		)
Total Ameriprise Financial shareholders’ equity excluding CIEs (1)	$	9,622		$	9,902		$	10,389		$	10,196		$	10,050
Total Ameriprise Financial capital	$	12,716		$	13,182		$	13,685		$	13,042		$	12,849
Total Ameriprise Financial capital excluding fair value of hedges, unamortized discount, non-recourse debt for inverse floaters and equity of CIEs (1)	$	12,234		$	12,514		$	13,001		$	12,454		$	12,308
Debt to capital
Total Ameriprise Financial long-term debt to total Ameriprise Financial capital	20.5		%	20.4		%	20.0		%	17.8		%	17.9		%
Total Ameriprise Financial long-term debt to total Ameriprise Financial capital excluding fair value of hedges, unamortized discount, non-recourse debt for inverse floaters and equity of CIEs (1)	21.4		%	20.9		%	20.1		%	18.1		%	18.3		%

Ratings (as of March 31, 2011 earnings release date)	A.M. Best Company	Standard & Poor’s Rating Services	Moody’s Investors Service, Inc.	Fitch Ratings Ltd.
Claims Paying Ratings (2)
RiverSource Life Insurance Company	A+	AA-	Aa3	AA-
IDS Property Casualty Ins. Company	A	N/R	N/R	N/R
Debt Ratings (2)
Ameriprise Financial, Inc.	a-	A	A3	A-

(1) See non-GAAP financial information on pg 35.

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

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

N/R - Not Rated.

33

Ameriprise Financial, Inc.

Ameriprise Financial Investments (1)

First Quarter 2011

(in millions unless otherwise noted, unaudited)	March 31, 2010			June 30, 2010			September 30, 2010			December 31, 2010			March 31, 2011
Cash and cash equivalents	$	4,816		$	3,827		$	3,685		$	2,861		$	2,460
Investments - Ending Balances
Available-for-Sale Securities
Corporate debt securities	15,629			16,078			17,093			16,606			16,676
Residential mortgage backed securities	7,317			7,473			7,481			7,258			7,562
Commercial mortgage backed securities	4,467			4,681			4,969			4,868			4,702
Asset backed securities	1,968			1,966			2,009			2,020			2,015
Total mortgage and other asset backed securities	13,752			14,120			14,459			14,146			14,279
Other structured investments	—			—			—			—			—
State and municipal obligations	1,569			1,608			1,695			1,582			1,836
US government and agencies obligations	229			178			147			143			93
Foreign government bonds and obligations	108			110			112			108			108
Common and preferred stocks	50			48			54			10			10
Other AFS	77			74			26			24			28
Total other	2,033			2,018			2,034			1,867			2,075
Total available-for-sale securities	31,414			32,216			33,586			32,619			33,030
Commercial mortgage loans	2,682			2,670			2,670			2,615			2,582
Allowance for loan losses	(39		)	(39		)	(39		)	(38		)	(36		)
Commercial mortgage loans, net	2,643			2,631			2,631			2,577			2,546
Policy loans	720			725			732			733			731
Trading securities	544			547			571			565			578
Other investments	444			407			460			559			572
Total investments	35,765			36,526			37,980			37,053			37,457
Total cash, cash equivalents and investments	$	40,581		$	40,353		$	41,665		$	39,914		$	39,917
Net unrealized gain Available-for-Sale Securities	$	1,031		$	1,581		$	2,272		$	1,486		$	1,391
AFS Fixed Maturity Asset Quality - %
AAA	41		%	41		%	39		%	39		%	39		%
AA	5		%	6		%	6		%	6		%	6		%
AFS securities AA and above	46		%	47		%	45		%	45		%	45		%
A	15		%	14		%	15		%	14		%	14		%
BBB	34		%	34		%	35		%	35		%	36		%
Below investment grade	5		%	5		%	5		%	6		%	5		%
Total AFS fixed maturity asset quality - %	100		%	100		%	100		%	100		%	100		%
Fair Value of Below Investment Grade Investments as a % of Total cash and investments	5		%	5		%	5		%	5		%	5		%

(1) Investments excluding investments of CIEs.

34

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 45 - 48.

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;

· Operating earnings (loss);

· Operating earnings per diluted share;

· Operating effective tax rate;

· Operating expenses;

· Operating net investment income;

· Operating return on allocated equity;

· Operating return on equity excluding CIEs and AOCI;

· Operating total net revenues;

· Pretax operating earnings (loss);

· Pretax operating margin;

· Return on allocated equity;

· Return on equity excluding AOCI;

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

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

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

Reclassification

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

35

Ameriprise Financial, Inc.

Glossary of Selected Terminology - Segments

Advice & Wealth Management - This segment provides financial planning and advice, as well as full service brokerage and banking services, primarily to retail clients through our financial advisors. Ameriprise financial advisors utilize a diversified selection of both affiliated and non-affiliated products to help clients meet their financial needs. A significant portion of revenues in this segment is fee-based, driven by the level of client assets, which is impacted by both market movements and net asset flows. We also earn net investment income on invested assets primarily from certificate and banking products. This segment earns revenues (distribution fees) for distributing non-affiliated products and earns intersegment revenues (distribution fees) for distributing our affiliated products and services to our retail clients. Intersegment expenses for this segment include expenses for investment management services provided by our Asset Management segment. Effective with results reported in first quarter 2011, results of operations attributable to Securities America have been transferred to the Corporate & Other segment.  All prior periods have been restated.

Asset Management - This segment provides investment advice and investment products to retail and institutional clients. Columbia Management Investment Advisors, LLC, formerly known as RiverSource Investments, LLC, predominantly provides U.S. domestic products and services and Threadneedle Asset Management Holdings Sàrl (Threadneedle) predominantly provides international investment products and services. U.S. domestic retail products are distributed through our Advice & Wealth Management segment and also through unaffiliated third party financial institutions, including distribution through Bank of America and its affiliates. Institutional products and services are primarily sold through our institutional sales force. International retail products are primarily distributed through third parties. Retail products include mutual funds, variable product funds underlying insurance and annuity separate accounts, separately managed accounts and collective funds. 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, separate accounts, individually managed accounts, collateralized loan obligations, hedge funds and property funds. Revenues in this segment are primarily earned as fees based on managed asset balances, which are impacted by both market movements and net asset flows. In addition to the products and services provided to third party clients, management teams serving our Asset Management segment provide all intercompany asset management services. The fees for all such services are reflected within the Asset Management segment results through intersegment transfer pricing. Intersegment expenses for this segment include distribution expenses for services provided by our Advice & Wealth Management, Annuities and Protection segments.

Annuities - This segment provides variable and fixed annuity products of RiverSource Life companies to retail clients. Prior to the fourth quarter of 2010, our variable annuity products were distributed through affiliated financial advisors as well as unaffiliated advisors through third-party distribution. During the fourth quarter of 2010, we discontinued new sales of our variable annuities in non-Ameriprise channels to further strengthen the risk and return characteristics of the business.  Our fixed annuity products are distributed through affiliated advisors as well as unaffiliated advisors through third-party distribution. Revenues for our variable annuity products are primarily earned as fees based on underlying account balances, which are impacted by both market movements and net asset flows. Revenues for our fixed annuity products are primarily earned as net investment income on invested assets supporting fixed account balances, with profitability significantly impacted by the spread between net investment income earned and interest credited on the fixed account balances. We also earn net investment income on invested assets supporting reserves for immediate annuities and for certain guaranteed benefits offered with variable annuities and on capital supporting the business. Intersegment revenues for this segment reflect fees paid by our Asset Management segment for marketing support and other services provided in connection with the availability of RiverSource Variable Series Trust, Columbia Funds Variable Insurance Trust, Columbia Funds Variable Insurance Trust I and Wanger Advisors Trust funds under the variable annuity contracts. Intersegment expenses for this segment include distribution expenses for services provided by our Advice & Wealth Management segment, as well as expenses for investment management services provided by our Asset Management segment.

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

Corporate & Other - This segment consists of net investment income on corporate level assets, including excess capital held in our subsidiaries and other unallocated equity and other revenues from various investments as well as unallocated corporate expenses. Effective with results reported in first quarter 2011, results of operations attributable to Securities America have been transferred to the Corporate & Other segment from the Advice & Wealth Management segment.  All prior periods have been restated.

36

Ameriprise Financial, Inc.

Glossary of Selected Terminology

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

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

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

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

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

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

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

Assets Under Administration - Assets under administration include assets for which we provide administrative services such as client assets invested in other companies’ products that we offer outside of our wrap accounts. These assets include those held in clients’ brokerage accounts. We generally record fees received from administered assets as distribution fees. We do not exercise management discretion over these assets and do not earn a management fee. These assets are not reported on our Consolidated Balance Sheets. Assets under administration also include certain assets on our Consolidated Balance Sheets for which we do not provide investment management services and do not recognize management fees, such as investments in non-affiliated funds held in the separate accounts of our life insurance subsidiaries. These assets do not include assets under advisement, for which we provide model portfolios but do not have full discretionary investment authority.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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, non-recourse debt for inverse floaters and equity of CIEs.

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

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

37

Exhibit A

Statistical Supplement Package

(unaudited)

First Quarter 2011

Disclosed Items

38

Ameriprise Financial, Inc.

Disclosed Items

1 Qtr 2011

Excluded from Operating Earnings

	Advice & Wealth Management			Asset Management			Annuities						Protection			Corporate
										Market Impact on
	Securities			Integration			Securities			VA Guaranteed			Securities			Securities
(in millions, unaudited)	Gains/(Losses) (1)			Charges (2)			Gains/(Losses) (1)			Living Benefits (3)			Gains/(Losses) (1)			Gains/(Losses) (1)		CIEs (4)
Revenues
Management and financial advice fees	$	—		$	—		$	—		$	—		$	—		$	—	$	—
Distribution fees	—			—			—			—			—			—		—
Net investment income	1			—			(3		)	—			1			2		27
Premiums	—			—			—			—			—			—		—
Other revenues	—			—			—			—			—			—		20
Total revenues	1			—			(3		)	—			1			2		47
Banking and deposit interest expense	—			—			—			—			—			—		—
Total net revenues	1			—			(3		)	—			1			2		47
Expenses
Distribution expenses	—			—			—			—			—			—		—
Interest credited to fixed accounts	—			—			—			—			—			—		—
Benefits, claims, losses and settlement expenses	—			—			—			27			—			—		—
Amortization of deferred acquisition costs	—			—			—			(10		)	—			—		—
Interest and debt expense	—			—			—			—			—			—		50
General and administrative expense	—			29			—			—			—			—		15
Total expenses	—			29			—			17			—			—		65
Pretax segment income (loss)	1			(29		)	(3		)	(17		)	1			2		(18		)
Less: Net income (loss) attributable to noncontrolling interest	—			—			—			—			—			—		(18		)
Pretax segment gain (loss) attributable to Ameriprise Financial	$	1		$	(29	)	$	(3	)	$	(17	)	$	1		$	2	$	—
Included in Operating Earnings
	Asset Management						Annuities			Protection			Corporate
				Threadneedle			Market			Market
	Threadneedle			FSA Regulatory			Impacts			Impacts			Legal
(in millions, unaudited)	Valuation (5)			Levy (6)			to DAC/DSIC (7)			to DAC/DSIC (7)			Expenses (8)
Revenues
Management and financial advice fees	$	—		$	—		$	—		$	—		$	—
Distribution fees	—			—			—			—			—
Net investment income	—			—			—			—			—
Premiums	—			—			—			—			—
Other revenues	—			—			—			—			—
Total revenues	—			—			—			—			—
Banking and deposit interest expense	—			—			—			—			—
Total net revenues	—			—			—			—			—
Expenses
Distribution expenses	—			—			—			—			—
Interest credited to fixed accounts	—			—			—			—			—
Benefits, claims, losses and settlement expenses	—			—			(3		)	—			—
Amortization of deferred acquisition costs	—			—			(13		)	(2		)	—
Interest and debt expense	—			—			—			—			—
General and administrative expense	5			5			—			—			118
Total expenses	5			5			(16		)	(2		)	118
Pretax segment income (loss)	(5		)	(5		)	16			2			(118		)
Less: Net income (loss) attributable to noncontrolling interest	—			—			—			—			—
Pretax segment gain (loss) attributable to Ameriprise Financial	$	(5	)	$	(5	)	$	16		$	2		$	(118	)

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

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

(3) Variable annuity guaranteed living benefit impacts include:

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

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

(4) Reflects revenues and expenses of Consolidated Investment Entities

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

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

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

(8) Securities America legal expenses

39

Ameriprise Financial, Inc.

Disclosed Items

4 Qtr 2010

Excluded from Operating Earnings

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

	Asset Management		Annuities			Protection									Corporate
	Hedge Fund		Market			Market			Auto Liability			Phoenix
	Performance		Impacts			Impacts			Reserve			Hail Storm			Legal
(in millions, unaudited)	Fees (6)		to DAC/DSIC (7)			to DAC/DSIC (7)			Increase (8)			Expense (9)			Expenses (10)
Revenues
Management and financial advice fees	$	—	$	—		$	—		$	—		$	—		$	—
Distribution fees	—		—			—			—			—			—
Net investment income	—		—			—			—			—			—
Premiums	—		—			—			—			—			—
Other revenues	—		—			—			—			—			—
Total revenues	—		—			—			—			—			—
Banking and deposit interest expense	—		—			—			—			—			—
Total net revenues	—		—			—			—			—			—
Expenses
Distribution expenses	—		—			—			—			—			—
Interest credited to fixed accounts	—		—			—			—			—			—
Benefits, claims, losses and settlement expenses	—		(3		)	—			16			11			—
Amortization of deferred acquisition costs	—		(20		)	(3		)	—			—			—
Interest and debt expense	—		—			—			—			—			—
General and administrative expense	—		—			—			—			—			40
Total expenses	—		(23		)	(3		)	16			11			40
Pretax segment income (loss)	22		23			3			(16		)	(11		)	(40		)
Less: Net income (loss) attributable to noncontrolling interest	—		—			—			—			—			—
Pretax segment gain (loss) attributable to Ameriprise Financial	$	22	$	23		$	3		$	(16	)	$	(11	)	$	(40	)

(1)	Pretax net realized investment gains/(losses) on Available-for-Sale securities and other securities
(2)	Non-recurring integration charges related to Columbia Management acquisition
(3)	Variable annuity guaranteed living benefit impacts include:
$78 million net expense related to hedged variable annuity living benefits
$35 million decrease in DAC and DSIC amortization resulting from hedged living benefits offset
(4)	Severance and related expenses for ending variable annuity distribution through non-Ameriprise distribution channels
(5)	Reflects revenues and expenses of Consolidated Investment Entities
(6)	The company has chosen not to disclose the gross revenue and expense amounts for competitive reasons, but instead has shown the net PTI impact
(7)	Decrease in DAC and DSIC amortization from higher period ending account values
(8)	Reserve increase for higher auto liability claims in both the third and fourth quarters of 2010
(9)	Higher claims driven by a hail storm in the Phoenix area
(10)	Increase in legal reserves

40

Ameriprise Financial, Inc.

Disclosed Items

3 Qtr 2010

Excluded from Operating Earnings

	Advice & Wealth Management			Asset Management						Annuities						Corporate
													Market Impact on
	Integration			Securities			Integration			Securities			VA Guaranteed			Securities
(in millions, unaudited)	Charges (2)			Gains/(Losses) (1)			Charges (2)			Gains/(Losses) (1)			Living Benefits (3)(8)			Gains/(Losses) (1)		CIEs (4)
Revenues
Management and financial advice fees	$	—		$	—		$	—		$	—		$	—		$	—	$	—
Distribution fees	—			—			—			—			—			—		—
Net investment income	—			1			—			(1		)	—			2		17
Premiums	—			—			—			—			—			—		—
Other revenues	—			—			—		��	—			—			—		9
Total revenues	—			1			—			(1		)	—			2		26
Banking and deposit interest expense	—			—			—			—			—			—		—
Total net revenues	—			1			—			(1		)	—			2		26
Expenses
Distribution expenses	—			—			—			—			—			—		—
Interest credited to fixed accounts	—			—			—			—			—			—		—
Benefits, claims, losses and settlement expenses	—			—			—			—			(18		)	—		—
Amortization of deferred acquisition costs	—			—			—			—			10			—		—
Interest and debt expense	—			—			—			—			—			—		45
General and administrative expense	1			—			18			—			—			—		13
Total expenses	1			—			18			—			(8		)	—		58
Pretax segment income (loss)	(1		)	1			(18		)	(1		)	8			2		(32		)
Less: Net income (loss) attributable to noncontrolling interest	—			—			—			—			—			—		(32		)
Pretax segment gain (loss) attributable to Ameriprise Financial	$	(1	)	$	1		$	(18	)	$	(1	)	$	8		$	2	$	—
Included in Operating Earnings
	Annuities									Protection
	VA			Market			Valuation			Market			Valuation
	Death Benefit			Impacts			Assumptions &			Impacts			Assumptions &
(in millions, unaudited)	Impacts (5)			to DAC/DSIC (6)			Model Changes (7)(8)			to DAC/DSIC (6)			Model Changes (7)
Revenues
Management and financial advice fees	$	—		$	—		$	—		$	—		$	—
Distribution fees	—			—			—			—			—
Net investment income	—			—			—			—			—
Premiums	—			—			—			—			—
Other revenues	—			—			—			—			(20		)
Total revenues	—			—			—			—			(20		)
Banking and deposit interest expense	—			—			—			—			—
Total net revenues	—			—			—			—			(20		)
Expenses
Distribution expenses	—			—			—			—			—
Interest credited to fixed accounts	—			—			—			—			—
Benefits, claims, losses and settlement expenses	(2		)	(5		)	261			—			44
Amortization of deferred acquisition costs	(2		)	(24		)	(332		)	(10		)	(15		)
Interest and debt expense	—			—			—			—			—
General and administrative expense	—			—			—			—			—
Total expenses	(4		)	(29		)	(71		)	(10		)	29
Pretax segment income (loss)	4			29			71			10			(49		)
Less: Net income (loss) attributable to noncontrolling interest	—			—			—			—			—
Pretax segment gain (loss) attributable to Ameriprise Financial	$	4		$	29		$	71		$	10		$	(49	)

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

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

(3) Variable annuity guaranteed living benefit impacts include:

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

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

(4) Reflects revenues and expenses of Consolidated Investment Entities

(5) Decrease in death and income benefit expenses due to higher equity market valuations

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

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

$132 million benefit from persistency improvements

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

$25 million expense from all other assumption and model changes

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

41

Ameriprise Financial, Inc.

Disclosed Items

2 Qtr 2010

Excluded from Operating Earnings

	Advice & Wealth Management					Asset Management			Annuities					Protection		Corporate
											Market Impact on
	Securities		Integration			Integration			Securities		VA Guaranteed			Securities		Securities		Integration
(in millions, unaudited)	Gains/(Losses) (1)		Charges (2)			Charges (2)			Gains/(Losses) (1)		Living Benefits (3)(9)			Gains/(Losses) (1)		Gains/(Losses) (1)		Charges (2)			CIEs (4)
Revenues
Management and financial advice fees	$	—	$	—		$	—		$	—	$	—		$	—	$	—	$	—		$	—
Distribution fees	—		—			—			—		—			—		—		—			—
Net investment income	1		—			—			4		—			1		1		—			155
Premiums	—		—			—			—		—			—		—		—			—
Other revenues	—		—			—			—		—			—		—		—			46
Total revenues	1		—			—			4		—			1		1		—			201
Banking and deposit interest expense	—		—			—			—		—			—		—		—			—
Total net revenues	1		—			—			4		—			1		1		—			201
Expenses
Distribution expenses	—		—			—			—		—			—		—		—			—
Interest credited to fixed accounts	—		—			—			—		—			—		—		—			—
Benefits, claims, losses and settlement expenses	—		—			—			—		(68		)	—		—		—			—
Amortization of deferred acquisition costs	—		—			—			—		41			—		—		—			—
Interest and debt expense	—		—			—			—		—			—		—		—			45
General and administrative expense	—		4			48			—		—			—		—		5			17
Total expenses	—		4			48			—		(27		)	—		—		5			62
Pretax segment income (loss)	1		(4		)	(48		)	4		27			1		1		(5		)	139
Less: Net income (loss) attributable to noncontrolling interest	—		—			—			—		—			—		—		—			139
Pretax segment gain (loss) attributable to Ameriprise Financial	$	1	$	(4	)	$	(48	)	$	4	$	27		$	1	$	1	$	(5	)	$	—

Included in Operating Earnings

	Annuities									Protection									Corporate
	Market									Market
	Impacts			Implementation			DAC/DSIC Model			Impacts			Implementation			DAC/DSIC Model			RiverSource
(in millions, unaudited)	to DAC/DSIC (5)			of EPN (6)(9)			Updates (7)			to DAC/DSIC (5)			of EPN (6)			Updates (7)			2a-7 Fund (8)
Revenues
Management and financial advice fees	$	—		$	—		$	—		$	—		$	—		$	—		$	—
Distribution fees	—			—			—			—			—			—			—
Net investment income	—			—			—			—			—			—			—
Premiums	—			—			—			—			—			—			—
Other revenues	—			—			—			—			—			—			—
Total revenues	—			—			—			—			—			—			—
Banking and deposit interest expense	—			—			—			—			—			—			—
Total net revenues	—			—			—			—			—			—			—
Expenses
Distribution expenses	—			—			—			—			—			—			—
Interest credited to fixed accounts	—			—			—			—			—			—			—
Benefits, claims, losses and settlement expenses	6			21			(5		)	—			—			—			—
Amortization of deferred acquisition costs	29			(13		)	(21		)	4			(6		)	(7		)	—
Interest and debt expense	—			—			—			—			—			—			—
General and administrative expense	—			—			—			—			—			—			8
Total expenses	35			8			(26		)	4			(6		)	(7		)	8
Pretax segment income (loss)	(35		)	(8		)	26			(4		)	6			7			(8		)
Less: Net income (loss) attributable to noncontrolling interest	—			—			—			—			—			—			—
Pretax segment gain (loss) attributable to Ameriprise Financial	$	(35	)	$	(8	)	$	26		$	(4	)	$	6		$	7		$	(8	)

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

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

(3)    Variable annuity guaranteed living benefit impacts include:

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

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

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

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

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

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

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

(9)    $2 million benefit in Market Impact on VA Guaranteed Living Benefits was originally classified as benefit in Annuities segment due to implementation of EPN.

42

Ameriprise Financial, Inc.

Disclosed Items

1 Qtr 2010

Excluded from Operating Earnings

	Advice & Wealth Management						Asset Management					Annuities					Protection		Corporate
														Market Impact on
	Securities			Integration			Securities		Integration			Securities		VA Guaranteed			Securities		Securities
(in millions, unaudited)	Gains/(Losses) (1)			Charges (2)			Gains/(Losses) (1)		Charges (2)			Gains/(Losses) (1)		Living Benefits (3)			Gains/(Losses) (1)		Gains/(Losses) (1)		CIEs (4)
Revenues
Management and financial advice fees	$	—		$	—		$	—	$	—		$	—	$	—		$	—	$	—	$	—
Distribution fees	—			—			—		—			—		—			—		—		—
Net investment income	(1		)	—			1		—			3		—			1		1		79
Premiums	—			—			—		—			—		—			—		—		—
Other revenues	—			—			—		—			—		—			—		—		57
Total revenues	(1		)	—			1		—			3		—			1		1		136
Banking and deposit interest expense	—			—			—		—			—		—			—		—		—
Total net revenues	(1		)	—			1		—			3		—			1		1		136
Expenses
Distribution expenses	—			—			—		—			—		—			—		—		—
Interest credited to fixed accounts	—			—			—		—			—		—			—		—		—
Benefits, claims, losses and settlement expenses	—			—			—		—			—		23			—		—		—
Amortization of deferred acquisition costs	—			—			—		—			—		(6		)	—		—		—
Interest and debt expense	—			—			—		—			—		—			—		—		40
General and administrative expense	—			2			—		5			—		—			—		—		14
Total expenses	—			2			—		5			—		17			—		—		54
Pretax segment income (loss)	(1		)	(2		)	1		(5		)	3		(17		)	1		1		82
Less: Net income (loss) attributable to noncontrolling interest	—			—			—		—			—		—			—		—		82
Pretax segment gain (loss) attributable to Ameriprise Financial	$	(1	)	$	(2	)	$	1	$	(5	)	$	3	$	(17	)	$	1	$	1	$	—

Included in Operating Earnings

	Advice & Wealth Management		Asset Management			Annuities			Corporate
	Reserve		Threadneedle			VA Cash			Reserve
(in millions, unaudited)	Fund (5)		Valuation (6)			Impact (7)			Fund (5)
Revenues
Management and financial advice fees	$	—	$	—		$	—		$	—
Distribution fees	—		—			—			—
Net investment income	2		—			(5		)	—
Premiums	—		—			—			—
Other revenues	—		—			—			20
Total revenues	2		—			(5		)	20
Banking and deposit interest expense	—		—			—			—
Total net revenues	2		—			(5		)	20
Expenses
Distribution expenses	—		—			—			—
Interest credited to fixed accounts	—		—			—			—
Benefits, claims, losses and settlement expenses	—		—			—			—
Amortization of deferred acquisition costs	—		—			—			—
Interest and debt expense	—		—			—			—
General and administrative expense	—		27			—			—
Total expenses	—		27			—			—
Pretax segment income (loss)	2		(27		)	(5		)	20
Less: Net income (loss) attributable to noncontrolling interest	—		—			—			—
Pretax segment gain (loss) attributable to Ameriprise Financial	$	2	$	(27	)	$	(5	)	$	20

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

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

(3)        Variable annuity guaranteed living benefit impacts include:

$ 24 million net expense related to hedged variable annuity living benefits.

$ 7 million decrease in DAC and DSIC amortization resulting from hedged living benefits offset.

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

(5)        Benefit from payments by the Reserve Fund.

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

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

43

Exhibit B

Statistical Supplement Package

(unaudited)

First Quarter 2011

Reconciliation of GAAP Metrics to Operating Metrics

44

Ameriprise Financial, Inc.

Reconciliation of GAAP Segment Income Statements to Segment Operating Income Statements

First Quarter 2011

																Year-to-Date
(in millions unless otherwise noted, unaudited)	1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2010			2011
Advice & Wealth Management Segment
Pretax operating earnings	$	51		$	86		$	89		$	96		$	99		$	51		$	99
Reconciling items:
Net investment income
Realized gains (losses)	(1		)	1			—			1			1			(1		)	1
General and administrative expense
Integration and restructuring charges	(2		)	(4		)	(1		)	—			—			(2		)	—
Total reconciling items, before income taxes	(3		)	(3		)	(1		)	1			1			(3		)	1
Pretax segment income (loss)	$	48		$	83		$	88		$	97		$	100		$	48		$	100
Asset Management Segment
Pretax operating earnings	$	22		$	104		$	121		$	163		$	136		$	22		$	136
Reconciling items:
Net investment income
Realized gains (losses)	1			—			1			1			—			1			—
General and administrative expense
Integration and restructuring charges	(5		)	(48		)	(18		)	(24		)	(29		)	(5		)	(29		)
Total reconciling items, before income taxes	(4		)	(48		)	(17		)	(23		)	(29		)	(4		)	(29		)
Pretax segment income	$	18		$	56		$	104		$	140		$	107		$	18		$	107
Annuities Segment
Pretax operating earnings	$	134		$	102		$	257		$	171		$	174		$	134		$	174
Reconciling items:
Net investment income
Realized gains (losses)	3			4			(1		)	3			(3		)	3			(3		)
Benefits, claims, losses and settlement expenses
Market impact on VA guaranteed living benefits	(23		)	68			18			(72		)	(27		)	(23		)	(27		)
Amortization of deferred acquisition costs
Market impact on VA guaranteed living benefits	6			(41		)	(10		)	29			10			6			10
Total reconciling items, before income taxes	(14		)	31			7			(40		)	(20		)	(14		)	(20		)
Pretax segment income	$	120		$	133		$	264		$	131		$	154		$	120		$	154
Protection Segment
Pretax operating earnings	$	118		$	134		$	65		$	86		$	106		$	118		$	106
Reconciling items:
Net investment income
Realized gains (losses)	1			1			—			(1		)	1			1			1
Total reconciling items, before income taxes	1			1			—			(1		)	1			1			1
Pretax segment income	$	119		$	135		$	65		$	85		$	107		$	119		$	107

45

Ameriprise Financial, Inc.

Reconciliation of GAAP Segment Income Statements to Segment Operating Income Statements

First Quarter 2011

																Year-to-Date
(in millions unless otherwise noted, unaudited)	1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2010			2011
Corporate Segment
Pretax operating loss	$	(27	)	$	(76	)	$	(49	)	$	(113	)	$	(181	)	$	(27	)	$	(181	)
Reconciling items:
Net investment income
Net investment income attributable to the CIEs	79			155			17			24			27			79			27
Realized gains (losses)	1			1			2			15			2			1			2
Other revenues
Other revenues attributable to the CIEs	57			46			9			13			20			57			20
Banking and deposit interest expense
Banking and deposit interest expense attributable to the CIEs	—			—			—			—			—			—			—
Interest and debt expense
Interest and debt expense attributable to the CIEs	(40		)	(45		)	(45		)	(51		)	(50		)	(40		)	(50		)
General and administrative expense
Integration and restructuring charges	—			(5		)	—			(4		)	—			—			—
General and administrative expense attributable to the CIEs	(14		)	(17		)	(13		)	(12		)	(15		)	(14		)	(15		)
Total reconciling items, before income taxes	83			135			(30		)	(15		)	(16		)	83			(16		)
Pretax segment income (loss)	$	56		$	59		$	(79	)	$	(128	)	$	(197	)	$	56		$	(197	)
Eliminations
Pretax operating earnings	$	—		$	—		$	—		$	—		$	—		$	—		$	—
Reconciling items:
Management and financial advice fees
Management fees earned by the Company from the CIEs	(9		)	(10		)	(9		)	(10		)	(10		)	(9		)	(10		)
General and administrative expense
General and administrative expense attributable to the CIEs	9			10			9			10			10			9			10
Total reconciling items, before income taxes	—			—			—			—			—			—			—
Pretax segment income (loss)	$	—		$	—		$	—		$	—		$	—		$	—		$	—

46

Ameriprise Financial, Inc.

Reconciliation of GAAP Metrics to Operating Metrics

First Quarter 2011

																Year-to-Date
(in millions unless otherwise noted, unaudited)	1 Qtr 2010			2 Qtr 2010			3 Qtr 2010			4 Qtr 2010			1 Qtr 2011			2010			2011
Total net revenues	$	2,271		$	2,577		$	2,450		$	2,678		$	2,654		$	2,271		$	2,654
Less CIEs	127			191			17			27			37			127			37
Plus Realized (gains) losses	(5		)	(7		)	(2		)	(19		)	(1		)	(5		)	(1		)
Operating total net revenues	$	2,139		$	2,379		$	2,431		$	2,632		$	2,616		$	2,139		$	2,616
Pretax income	$	361		$	466		$	442		$	325		$	271		$	361		$	271
Less CIEs	82			139			(32		)	(26		)	(18		)	82			(18		)
Pretax earnings excluding CIEs	279			327			474			351			289			279			289
Income tax provision	65			68			130			71			48			65			48
Net income attributable to Ameriprise Financial	214			259			344			280			241			214			241
Integration/restructuring charges net of tax (1)	4			37			12			20			19			4			19
Market impact on variable annuity guaranteed living benefits net of tax (1)	11			(17		)	(5		)	27			11			11			11
Realized (gains) losses net of tax (1)	(3		)	(5		)	(1		)	(13		)	(1		)	(3		)	(1		)
Operating earnings	$	226		$	274		$	350		$	314		$	270		$	226		$	270
Pretax income	$	361		$	466		$	442		$	325		$	271		$	361		$	271
Less CIEs	82			139			(32		)	(26		)	(18		)	82			(18		)
Pretax earnings excluding CIEs	279			327			474			351			289			279			289
Integration/restructuring charges	7			57			19			28			29			7			29
Market impact on variable annuity guaranteed living benefits	17			(27		)	(8		)	43			17			17			17
Realized (gains) losses	(5		)	(7		)	(2		)	(19		)	(1		)	(5		)	(1		)
Pretax operating earnings	$	298		$	350		$	483		$	403		$	334		$	298		$	334
Margin	9.4		%	10.1		%	14.0		%	10.5		%	9.1		%	9.4		%	9.1		%
Pretax operating margin	13.9		%	14.7		%	19.9		%	15.3		%	12.8		%	13.9		%	12.8		%
Operating margin	10.6		%	11.5		%	14.4		%	11.9		%	10.3		%	10.6		%	10.3		%
Weighted average common shares outstanding
Basic	260.8			261.1			255.3			252.7			251.6			260.8			251.6
Diluted	265.0			265.3			259.9			258.9			257.7			265.0			257.7
Basic earnings per share	$	0.82		$	0.99		$	1.35		$	1.11		$	0.96		$	0.82		$	0.96
Earnings per diluted share	$	0.81		$	0.98		$	1.32		$	1.08		$	0.94		$	0.81		$	0.94
Basic operating earnings per share	$	0.87		$	1.05		$	1.37		$	1.24		$	1.07		$	0.87		$	1.07
Operating earnings per diluted share	$	0.85		$	1.03		$	1.35		$	1.21		$	1.05		$	0.85		$	1.05

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

47

Ameriprise Financial, Inc.

Reconciliation of GAAP Metrics to Operating Metrics

First Quarter 2011

(in millions unless otherwise noted, unaudited)	March 31, 2010			June 30, 2010			September 30, 2010			December 31, 2010			March 31, 2011
Long-term Debt Summary
Senior notes	$	2,284		$	2,356		$	2,407		$	2,003		$	1,990
Junior subordinated notes	322			322			322			308			308
Non-recourse debt for inverse floaters	6			6			6			6			—
Total Ameriprise Financial long-term debt	2,612			2,684			2,735			2,317			2,298
Less non-recourse debt for inverse floaters	6			6			6			6			—
Less fair value of hedges and unamortized discount	(6		)	66			117			53			40
Total Ameriprise Financial long-term debt excluding non-recourse debt for inverse floaters, fair value of hedges and unamortized discount	$	2,612		$	2,612		$	2,612		$	2,258		$	2,258
Total equity	$	10,696		$	11,119		$	11,504		$	11,285		$	11,189
Less Noncontrolling interests	592			621			554			560			638
Total Ameriprise Financial shareholders’ equity	10,104			10,498			10,950			10,725			10,551
Less Equity of consolidated investment entities	482			596			561			529			501
Total Ameriprise Financial shareholders’ equity excluding CIEs	$	9,622		$	9,902		$	10,389		$	10,196		$	10,050
Total Ameriprise Financial long-term debt	$	2,612		$	2,684		$	2,735		$	2,317		$	2,298
Total Ameriprise Financial shareholders’ equity	10,104			10,498			10,950			10,725			10,551
Total Ameriprise Financial capital	12,716			13,182			13,685			13,042			12,849
Less non-recourse debt for inverse floaters	6			6			6			6			—
Less equity of consolidated investment entities	482			596			561			529			501
Less fair value of hedges and unamortized discount	(6		)	66			117			53			40
Total Ameriprise Financial capital excluding fair value of hedges, unamortized discount, non-recourse debt for inverse floaters, and equity of CIEs	$	12,234		$	12,514		$	13,001		$	12,454		$	12,308
Total Ameriprise Financial long-term debt to total Ameriprise Financial capital	20.5		%	20.4		%	20.0		%	17.8		%	17.9		%
Total Ameriprise Financial long-term debt to total Ameriprise Financial capital excluding fair value of hedges, unamortized discount, non-recourse debt for inverse floaters and equity of CIEs	21.4		%	20.9		%	20.1		%	18.1		%	18.3		%
Ameriprise Financial shareholders’ equity	$	10,104		$	10,498		$	10,950		$	10,725		$	10,551
AOCI	367			607			897			565			542
Appropriated retained earnings of CIEs	508			620			590			558			530
AOCI attributable to CIEs	26			24			29			29			29
Ameriprise Financial shareholders’ equity	$	10,104		$	10,498		$	10,950		$	10,725		$	10,551
Less AOCI	367			607			897			565			542
Ameriprise Financial shareholders’ equity excluding AOCI	$	9,737		$	9,891		$	10,053		$	10,160		$	10,009
Ameriprise Financial shareholders’ equity	$	10,104		$	10,498		$	10,950		$	10,725		$	10,551
Less Appropriated retained earnings of CIEs	508			620			590			558			530
Plus AOCI attributable to CIEs	26			24			29			29			29
Ameriprise Financial shareholders’ equity excluding CIEs	$	9,622		$	9,902		$	10,389		$	10,196		$	10,050
Ameriprise Financial shareholders’ equity	$	10,104		$	10,498		$	10,950		$	10,725		$	10,551
Less Appropriated retained earnings of CIEs	508			620			590			558			530
Less AOCI	367			607			897			565			542
Ameriprise Financial shareholders’ equity excluding CIEs and AOCI	$	9,229		$	9,271		$	9,463		$	9,602		$	9,479

48