Ameriprise Financial Receives 2016 Corporate Philanthropy Award from Invest in Others Charitable Foundation

MinneapolisOct. 27, 2016 – Ameriprise Financial, Inc. (NYSE: AMP) has been honored with the 2016 Corporate Philanthropy Award by the Invest in Others Charitable Foundation. The award recognizes the firm’s community impact, contributions and support for employees and financial advisors who are dedicated to giving back.
 

Ameriprise Financial Reports Third Quarter 2016 Results

MINNEAPOLIS – October 25, 2016 – Ameriprise Financial, Inc. (NYSE: AMP) today reported third quarter 2016 net income of $215 million, or $1.30 per diluted share. Operating earnings were $227 million, with operating earnings per diluted share of $1.37. Excluding the non-cash impact of annual unlocking in both periods, operating earnings per diluted share increased 4 percent to $2.29 with operating earnings of $380 million in the quarter.
 
GAAP Results
Net revenues of $3.0 billion increased 4 percent reflecting the cumulative impact of wrap net inflows, higher average equity markets and an impact from annual unlocking, partially offset by asset management outflows and lower client transactional activity.
 
Expenses of $2.8 billion increased 14 percent as a result of higher expenses related to unlocking as general and administrative expenses remained well controlled.
 
Operating Results
Operating net revenues of $3.0 billion increased 3 percent. Excluding annual unlocking in both quarters, operating net revenues were essentially flat, reflecting the cumulative impact of wrap net inflows and higher average equity markets compared to the year ago, offset by the cumulative impact of asset management outflows and lower client transactional activity.
 
Operating expenses of $2.7 billion increased 16 percent. Excluding annual unlocking in both quarters, operating expenses increased 1 percent from higher distribution expenses and well controlled general and administrative expenses.
 
In the quarter, the company continued to deliver a strong return to shareholders through share repurchases and dividends of $502 million. 

Ameriprise Financial Announces Schedule for Third Quarter 2016 Investor Conference Call

MINNEAPOLIS – September 19, 2016 – Ameriprise Financial, Inc. (NYSE: AMP) plans to announce its third quarter 2016 financial results on Tuesday, October 25, 2016 after the close of the New York Stock Exchange. The company will host a conference call to discuss the results on Wednesday, October 26, 2016 at approximately 9:00 a.m. (ET).

The live audio webcast of the investor call, as well as the earnings release, quarterly statistical supplement and presentation slides, will be accessible to the general public on the company’s website at ir.ameriprise.com.

Ameriprise Financial helps bring 11 million meals to families in need

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.
 

Ameriprise Financial Appoints New Director

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 Named a “2016 Best Place to Work”

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.

Ameriprise Financial Reports Second Quarter 2016 Results

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.

Ameriprise Financial Declares Regular Quarterly Dividend

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.

Ameriprise Financial Announces Schedule for Second Quarter 2016 Investor Conference Call

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).

Ameriprise Financial Hosts Nationwide Volunteer Event to Help Solve Childhood and Senior Hunger

MinneapolisJune 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.