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

The main purpose of this 8-K filing is to officially report Ameriprise Financial's financial results for the third quarter of 2013, providing investors with key financial data and management's commentary on performance.

Why does Ameriprise report using both GAAP and non-GAAP measures?

Ameriprise reports using non-GAAP measures to offer investors a clearer perspective on the company's core operational performance and to allow for more meaningful comparisons over time. These adjusted figures exclude certain items that management believes are not representative of ongoing business operations, such as restructuring charges or the impact of discontinued activities.

What types of items are excluded in the non-GAAP financial measures?

Common exclusions in Ameriprise's non-GAAP measures include the impact of consolidating certain investment entities (CIEs), integration and restructuring charges, results from discontinued banking activities, and certain market impacts on variable annuity guaranteed living benefits and indexed universal life benefits.

Are there specific non-GAAP measures for debt and capital?

Yes, the filing indicates that Ameriprise also presents non-GAAP measures for debt, capital, and shareholders' equity. These adjusted metrics often exclude items like accumulated other comprehensive income (AOCI), fair value of hedges, and the equity of CIEs, with the aim of better reflecting the company's capital structure and facilitating year-over-year comparability, especially in light of past banking operations.

AMP 8-K: Earnings & Results

Summary

Ameriprise Financial, Inc. (AMP) filed an 8-K on October 29, 2013, to report its financial results for the third quarter of 2013. The filing primarily consists of a press release and a statistical supplement detailing these results. Investors should note that the company presents its financial performance on both Generally Accepted Accounting Principles (GAAP) and non-GAAP adjusted bases. The non-GAAP measures are used to provide a clearer view of core operations and facilitate trend analysis by excluding items such as consolidated investment entities (CIEs), restructuring charges, discontinued banking activities, and market impacts on certain insurance products. Management utilizes these adjusted figures, along with specific capital and debt metrics that also exclude certain items, for performance evaluation and business planning.

Key Highlights

1Ameriprise Financial announced its Q3 2013 financial results via an 8-K filing on October 29, 2013.
2The filing includes a press release (Exhibit 99.1) and a statistical supplement (Exhibit 99.2) for the quarter ended September 30, 2013.
3The company employs both GAAP and non-GAAP adjusted financial reporting to present its performance.
4Non-GAAP measures exclude impacts from consolidating certain investment entities (CIEs), restructuring charges, and discontinued banking operations.
5Market impacts on variable annuity guaranteed living benefits and indexed universal life benefits are also excluded in non-GAAP reporting.
6Management believes non-GAAP measures better reflect the underlying performance of core operations and aid in trend analysis.
7Specialized non-GAAP capital and debt measures are presented to better represent the company's capital structure and enable year-over-year comparability, particularly regarding former banking operations.

AMERIPRISE FINANCIAL INC 8-K Report, Financial Results (Oct 29, 2013)

Summary

Key Highlights

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