10-KPeriod: FY2009

AMERIPRISE FINANCIAL INC Annual Report, Year Ended Dec 31, 2009

Filed February 24, 2010For Securities:AMP

Summary

Ameriprise Financial, Inc.'s (AMP) 2009 10-K filing provides a comprehensive overview of its business operations and financial performance leading up to December 30, 2009. The report details the company's diverse business segments, including Advice & Wealth Management, Asset Management, and Retirement & Protection Solutions, highlighting its strategy to deliver financial solutions to a broad client base. Investors will find crucial information regarding the company's risk factors, financial condition, and results of operations, which were significantly influenced by the economic conditions of 2009. The filing underscores Ameriprise's focus on its core business strengths and its ongoing efforts to navigate the challenging economic environment. Key areas of interest for investors include the company's revenue streams, profitability, capital adequacy, and its approach to managing market and credit risks. The report also outlines the company's corporate governance, executive compensation, and legal proceedings, providing a holistic view of the company's structure and its adherence to regulatory requirements.

Financial Statements
Beta
Revenue$7.54B
Operating Expenses$6.48B
Operating Income$721.00M
Net Income$722.00M
EPS (Basic)$2.98
EPS (Diluted)$2.95
Shares Outstanding (Basic)242.20M
Shares Outstanding (Diluted)244.40M

Key Highlights

  • 1The 10-K covers the fiscal year ending December 30, 2009, a period marked by economic recovery efforts following the 2008 financial crisis.
  • 2Ameriprise Financial operates through three main segments: Advice & Wealth Management, Asset Management, and Retirement & Protection Solutions.
  • 3The filing includes a detailed 'Management's Discussion and Analysis of Financial Condition and Results of Operations' (MD&A) which is critical for understanding performance drivers and risks.
  • 4Risk factors section (Item 1A) provides insight into potential challenges facing the company, including market volatility, regulatory changes, and economic downturns.
  • 5Item 5 discusses market for the company's common equity and related stockholder matters, including any issuer purchases of equity securities.
  • 6Financial statements and supplementary data (Item 8) offer a deep dive into the company's balance sheet, income statement, cash flows, and equity.
  • 7Information regarding Directors, Executive Officers, and Corporate Governance (Item 10) is provided, along with details on Executive Compensation (Item 11).

Frequently Asked Questions

In 2009, Ameriprise Financial operated through three primary segments: Advice & Wealth Management, Asset Management, and Retirement & Protection Solutions. These segments encompassed various financial services, including financial planning, investment advice, asset management, and insurance and annuity products.

The key risks highlighted in the 2009 10-K included: market volatility impacting investment values and client assets; economic conditions affecting client spending and investment, potentially leading to asset flows and profitability pressures; regulatory changes and compliance risks; credit risk associated with the company's investments and counterparties; and operational risks inherent in financial services.

Detailed financial performance information, including the income statement, balance sheet, and cash flow statement, can be found in Item 8, 'Financial Statements and Supplementary Data.' Item 7, 'Management's Discussion and Analysis of Financial Condition and Results of Operations,' provides management's perspective on the financial results and condition.

Information regarding executive compensation is detailed in Item 11 of the filing. This section typically outlines the compensation philosophy, the components of executive compensation (such as salary, bonuses, and stock awards), and the rationale behind the compensation decisions for the company's top executives.