What is the primary reason for this 8-K filing?

The primary reason for this 8-K filing is to disclose the retrospective adoption of Accounting Standards Update No. 2010-26 by Ameriprise Financial, Inc., effective January 1, 2012, and to provide investors with a revised Statistical Supplement illustrating the anticipated changes to financial result presentations.

Why is Ameriprise providing a revised Statistical Supplement before the Q1 2012 earnings release?

Ameriprise is providing the revised Statistical Supplement proactively to help investors understand the impact of the new accounting standard and certain expense reclassifications on the company's financial results before the official earnings release for the quarter ending March 31, 2012.

What types of adjustments are made in the non-GAAP financial measures presented?

The non-GAAP financial measures presented in the Statistical Supplement exclude several items, including the impact of consolidating certain investment entities (CIEs), integration/restructuring charges, market impacts on variable annuity guaranteed living benefits, realized gains/losses, and income/loss from discontinued operations. Certain debt, capital, and equity measures also exclude items like accumulated other comprehensive income (AOCI) and non-recourse debt.

What is the company's rationale for using non-GAAP financial measures?

Management believes that presenting non-GAAP financial measures provides a clearer reflection of the company's underlying performance and facilitates more meaningful trend analysis. They also state that these measures are used for business planning, analysis, and compensation-related matters, and are considered comparable to measures used by some securities analysts and investors.

AMP 8-K: Regulation FD — Mar 12, 2012

Summary

Ameriprise Financial, Inc. (AMP) filed an 8-K on March 12, 2012, to disclose the retrospective adoption of a new accounting standard, ASU No. 2010-26, effective January 1, 2012. This filing includes a revised Statistical Supplement that illustrates the anticipated changes to the presentation of the company's financial results through the fourth quarter of 2011. Investors should note that this supplement also incorporates certain unrelated expense reclassifications. The company is proactively providing this information to allow investors to understand the expected impact of the accounting update on its financial reporting before the first quarter 2012 earnings release. The filing emphasizes that the Statistical Supplement presents information on both GAAP and non-GAAP adjusted bases, detailing various non-GAAP measures management uses to reflect underlying core operations and facilitate trend analysis. These measures exclude impacts such as consolidating certain investment entities, restructuring charges, and market fluctuations on variable annuity guarantees.

Key Highlights

1Ameriprise Financial adopted a new accounting standard (ASU No. 2010-26) retrospectively, effective January 1, 2012.
2A revised Statistical Supplement was provided to show the impact of this accounting change on financial results up to Q4 2011.
3The supplement also includes unrelated expense reclassifications.
4The company aims to familiarize investors with the accounting changes prior to the Q1 2012 earnings release.
5Financial information is presented on both GAAP and non-GAAP bases.
6Key non-GAAP measures exclude consolidation of certain investment entities, restructuring charges, and market impacts on variable annuities.
7Management believes non-GAAP measures offer better insights into core operations and trend analysis.

AMERIPRISE FINANCIAL INC 8-K Report, Regulation FD Disclosure (Mar 12, 2012)

Summary

Key Highlights

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