What is the main purpose of this 8-K filing?

The primary purpose of this 8-K filing is to announce Ameriprise Financial's financial results for the first quarter of 2006 and to provide investors with related documentation, including a press release and a statistical supplement.

Why is Ameriprise using non-GAAP financial measures?

Ameriprise is using non-GAAP financial measures to exclude the financial impact of items related to its separation from American Express, such as discontinued operations, separation costs, and AMEX Assurance Company. Management believes this provides a more accurate representation of the company's core ongoing business performance and allows for better trend analysis and comparability.

What specific items are excluded in the non-GAAP reporting?

The non-GAAP reporting excludes items that are a direct result of the separation from American Express. These include discontinued operations, non-recurring separation costs, and the financial impact of AMEX Assurance Company.

Where can I find the detailed financial results?

The detailed financial results are available in the press release dated April 25, 2006 (Exhibit 99.1) and the Statistical Supplement for the quarterly period ended March 31, 2006 (Exhibit 99.2), which are furnished as part of this 8-K filing.

AMP 8-K: Earnings & Results

Summary

Ameriprise Financial, Inc. (AMP) filed an 8-K on April 25, 2006, to report its first-quarter 2006 financial results. The filing primarily announces the release of its Q1 2006 earnings and includes a press release and a statistical supplement detailing these results. A significant aspect of the filing is the company's use of non-GAAP financial measures, which adjust for items related to its separation from American Express Company. These adjustments include excluding discontinued operations, separation costs, and the impact of AMEX Assurance Company to provide a clearer view of the ongoing business performance.

Key Highlights

1Ameriprise Financial announced its first-quarter 2006 financial results on April 25, 2006.
2The company provided both GAAP and non-GAAP financial reporting.
3Non-GAAP measures are presented to exclude the impact of discontinued operations, separation costs, and AMEX Assurance Company.
4Management believes these non-GAAP measures better reflect the performance of Ameriprise's ongoing operations and facilitate trend analysis.
5These adjusted figures are also used for performance evaluation, compensation, and comparability with analyst expectations.
6The filing includes a press release (Exhibit 99.1) and a Statistical Supplement (Exhibit 99.2) for Q1 2006.
7Walter S. Berman, Executive Vice President and Chief Financial Officer, signed the report.

AMERIPRISE FINANCIAL INC 8-K Report, Financial Results (Apr 25, 2006)

Summary

Key Highlights

Frequently Asked Questions