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

The main purpose of this 8-K filing is to inform investors about Ameriprise Financial's revised presentation of its segment data, as detailed in an updated Statistical Supplement. This revision includes reallocations and reclassifications of certain income and expense items that do not affect the company's overall net income or equity.

Do these changes affect Ameriprise's reported net income or shareholder equity?

No, the filing explicitly states that the reallocations and reclassification of income and expense items do not result in any changes to Ameriprise's previously reported consolidated net income or shareholders' equity.

When will investors see these changes reflected in financial reports?

The revised methodology for segment data presentation will be reflected in Ameriprise's financial results and SEC filings starting with the quarter ending March 31, 2014. It will also be applied retroactively to all periods previously presented.

Why does Ameriprise use non-GAAP financial measures?

Ameriprise uses non-GAAP financial measures to provide a better reflection of the underlying performance of its core operations and to facilitate more meaningful trend analysis. These measures exclude certain items that management believes can obscure the company's ongoing business performance, such as consolidation of certain investment entities and restructuring charges.

AMP 8-K: Regulation FD — Mar 28, 2014

Summary

This Form 8-K filing by Ameriprise Financial, Inc. (AMP) on March 28, 2014, primarily serves to inform investors about a revision to the company's segment data presentation. The company has updated its Statistical Supplement, available on their investor relations website, to reflect reallocations of certain income and expense items, as well as a reclassification of an expense. Crucially, these changes do not impact previously reported consolidated net income or shareholders' equity. This revised methodology will be applied prospectively starting with the quarter ending March 31, 2014, and retroactively to all presented periods. The filing also details the company's use of non-GAAP financial measures. Ameriprise utilizes these adjusted measures to provide a clearer view of its core operations and facilitate trend analysis, excluding items such as the consolidation of certain investment entities, integration/restructuring charges, discontinued banking activities, market impacts on variable annuity and indexed universal life benefits, and realized gains/losses. These non-GAAP metrics are important for management's evaluation of financial performance and are used for business planning, analysis, and compensation purposes.

Key Highlights

1Ameriprise Financial (AMP) released a revised Statistical Supplement impacting segment data presentation.
2The revisions involve reallocation of income and expense items and a reclassification of an expense.
3These changes do not alter previously reported consolidated net income or shareholders' equity.
4The revised segment data methodology will be applied from the Q1 2014 reporting period onwards, with retroactive application to prior periods.
5The company continues to provide non-GAAP financial measures to enhance understanding of core operations and trend analysis.
6Non-GAAP measures exclude items like consolidated investment entities, restructuring charges, and discontinued operations.
7The revised Statistical Supplement is incorporated by reference via Exhibit 99.1 to the 8-K filing.

AMERIPRISE FINANCIAL INC 8-K Report, Regulation FD Disclosure (Mar 28, 2014)

Summary

Key Highlights

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