10/27/2010
MINNEAPOLIS –October 27, 2010 –Ameriprise Financial, Inc. (NYSE: AMP) today reported record net income1 of $344 million for the third quarter of 2010 compared to $260 million for the third quarter of 2009.  Net income per diluted share for the third quarter of 2010 was $1.32 compared to $1.00 a year ago.
 
Operating earnings increased 31 percent to $355 million in the third quarter of 2010 compared to $272 million a year ago.  Operating earnings per diluted share were $1.37 in the third quarter of 2010, up 32 percent from $1.04 a year ago.  Operating earnings growth reflected higher equity markets, reengineering benefits and the first full quarter of Columbia Management earnings.
  
1. Net income represents net income attributable to Ameriprise Financial.