News releases

MINNEAPOLIS, MN –  September 12, 2016 – In support of the 42 million Americans who struggle with hunger, Ameriprise Financial, Inc. is once again doubling the impact of donations to Feeding America^® now through Thanksgiving.* Every dollar donated through the Ameriprise Financial Challenge (up to $500,000) will provide 22 meals to families in need, twice the amount of a standard donation. Participation is easy – simply visit: supportfeedingamerica.org/Ameriprise to give online.
 

MINNEAPOLIS – September 7, 2016 – Ameriprise Financial, Inc. (NYSE: AMP) today announced that Mr. Christopher J. Williams has been appointed to its board of directors, effective as of September 6, 2016.
 
Mr. Williams is chairman, chief executive officer and founder of The Williams Capital Group, L.P., a financial services firm that provides equity, fixed income, corporate finance and financial advisory related services to corporate, governmental and municipal investors. He established the firm in 1994 after working in fixed income and trading positions at Lehman Brothers and Jefferies & Company. 

Ameriprise Financial (NYSE: AMP) today announced it has been named one of the “Best Places to Work,” by the Minneapolis-St. Paul Business Journal. Ameriprise is featured on the 2016 list in the large company category after receiving high marks from employees during a survey conducted by the publication. The firm has a strong reputation for attracting and retaining talented professionals by focusing on personal development, diversity, and a values-based culture.

MINNEAPOLIS – July 26, 2016 – Ameriprise Financial, Inc. (NYSE: AMP) today reported second quarter 2016 net income⁽¹⁾ of $335 million, or $1.97 per diluted share. Operating earnings were $379 million, with operating earnings per diluted share of $2.23. Results included $0.17 per share of unfavorable items outlined on page 3 of this release.

MINNEAPOLIS – July 26, 2016 – The Board of Directors of Ameriprise Financial, Inc. (NYSE: AMP) has declared a quarterly cash dividend of $0.75 per common share payable on August 19, 2016 to shareholders of record at the close of business on August 8, 2016.

MINNEAPOLIS – June 27, 2016 – Ameriprise Financial, Inc. (NYSE: AMP) plans to announce its second quarter 2016 financial results on Tuesday, July 26, 2016 after the close of the New York Stock Exchange. The company will host a conference call to discuss the results on Wednesday, July 27, 2016 at approximately 9:00 a.m. (ET).

Minneapolis – June 16, 2016 – On June 17, more than 4,300 Ameriprise Financial, Inc. (NYSE: AMP) employees, advisors and clients will band together to provide food for people in need. Working at 250 hunger-relief nonprofits across the country, the volunteers will package and prepare meals for those struggling with hunger. Today, 48 million Americans – including 15 million children and 7 million seniors – are food insecure. The events, organized in partnership with Feeding America^®, are part of two nationwide service days, which bring together nearly 15,000 volunteers to address the problem of domestic hunger.
 

Minneapolis – June 13, 2016 – Ameriprise Financial, Inc. (NYSE: AMP) today announced it has been honored by the Cause Marketing Forum for bringing its employees, financial advisors and clients together to help solve hunger in communities across America. Ameriprise, along with its national partner Feeding America^®, received the Silver Cause Marketing Halo Award in the “Best Employee Engagement” category for its work on the company’s National Days of Service.
 

MINNEAPOLIS – April 27, 2016 – Ameriprise Financial, Inc. (NYSE: AMP) today reported first quarter 2016 net income⁽¹⁾ of $364 million, or $2.09 per diluted share. Operating earnings were $378 million, with operating earnings per diluted share of $2.17. Operating results include previously announced unfavorable items of $0.09 per share.  In addition, the company raised its regular quarterly dividend 12 percent to $0.75 per share.

Operating net revenues of $2.8 billion were down 4 percent, reflecting the dislocation in equity markets during the quarter, which caused a lower level of average assets under management, resulting in lower fee revenue. The dislocation in equity markets also impacted revenues on a sequential basis.
 
Operating expenses of $2.3 billion were down 2 percent from a year ago as a result of lower distribution expenses and well controlled general and administrative expenses. General and administrative expenses decreased 2 percent, primarily associated with ongoing reengineering and disciplined expense control in response to the challenging market environment during the quarter. Overall, the company will continue to manage expenses tightly in response to the market environment while maintaining targeted growth investments.
 
In the quarter, the company continued to deliver a strong return to shareholders through share repurchases and dividends of $568 million, returning 150 percent of its operating earnings.