Ameriprise 2005 Annual Report Download - page 20

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| Ameriprise Financial, Inc. 18
since 1894, Ameriprise Certificate owners have received every penny of principal they invested and
interest they earned. At year-end 2005, our clients had approximately $5.6 billion in assets invested
in certificate products.
Annuities
RiverSource Annuities include both variable and fixed annuities solutions. Our annuities have
features and benefits designed to help meet a broad range of clients’ needs including asset
accumulation, income generation and passing assets on to heirs. For example, our new Guaranteed
Minimum Accumulation Benefit rider can help protect against significant downturns in the market.
Responding to clients’ desire for products with embedded investment advice, we introduced our
Portfolio Navigator Asset Allocation program that allows clients to select one of five asset allocation
models — professionally designed and periodically updated — for their annuity assets.
Beyond serving the needs of Ameriprise financial advisor clients, RiverSource Annuities also reaches
individuals through distribution agreements with 16 banks and 31 broker-dealers. We continue to
invest in extending our distribution reach and expect the proportion of our annuity sales from outside
channels to continue to grow.
Banking Solutions
We provide a broad range of competitive deposit and lending products to assist clients with their
cash management and liquidity needs. Deposits, mortgages, home equity loans and other bank
lending services offered by Ameriprise Financial are currently provided by American Express
Bank, FSB.6 Estate planning and personal trust services, also provided by American Express Bank,
FSB and offered through Personal Trust Services, enable clients to develop strategies designed to
help reduce taxes, preserve assets and leave a lasting financial legacy. We expect to enhance our
banking capabilities in 2006 with the formation of Ameriprise Bank, FSB. The new entity will enable
us to offer a broad suite of personal banking products and services in the context of clients’ financial
plans and other needs.
Retirement Services
Our Ameriprise Retirement Services business includes full-service record keeping, as well as
education services for participants in employer-sponsored plans. At year-end 2005, Ameriprise
Retirement Services had $29.8 billion in assets managed and administered. Retirement plans
with at least $10 million in assets — including private employers, government entities and labor
unions — comprise the main market for this business.
6American Express Bank, FSB is an American Express company and an Equal Housing Lender.
RiverSource Annuities is the
fastest growing
top 20 annuity provider.
Source: VARDS OnlineSM as of December 31, 2005.