Ameriprise 2009 Annual Report Download - page 18

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offering of the mutual funds of other companies in the late 1990s. expanded our retail distribution and our asset management
In 2003, we acquired the business of Threadneedle Asset capabilities. Also in 2008 we initiated the disposition of our
Management Holdings. On September 30, 2005, American institutional trust and custody business, and completed that
Express consummated a distribution of the shares of AEFC to restructuring in early 2009. In 2009, we announced that we had
American Express shareholders (the ‘‘Distribution’’), at which entered into a definitive agreement to acquire Columbia from
time we became an independent, publicly traded company and Bank of America, N.A. The Columbia acquisition, which is
changed our name to ‘‘Ameriprise Financial, Inc.’’ In 2008, we expected to close in the spring of 2010, is intended to further
completed the acquisitions of H&R Block Financial Advisors, Inc., enhance the scale and performance of our retail mutual fund and
Brecek & Young Advisors, Inc. (‘‘Brecek & Young’’) and institutional asset management businesses.
J. & W. Seligman & Co. Incorporated (‘‘Seligman’’), which further
Our Organization
The following is a simplified depiction of the organizational structure for our company, showing the primary subsidiaries through which
we operate our businesses. The current legal entity names are provided for each subsidiary.
Ameriprise Financial, Inc.
Threadneedle Asset
Management Holdings
Sàrl
RiverSource
Investments, LLC
J. & W. Seligman
& Co. Incorporated
RiverSource Fund
Distributors, Inc.
RiverSource Life
Insurance Co. of
New York
RiverSource Service
Corporation
RiverSource
Distributors, Inc.
Securities America
Financial Corporation
AMPF Holding
Corporation
Ameriprise
Financial Services,
Inc.
RiverSource Life
Insurance Company
Ameriprise
Holdings, Inc.
IDS Property Casualty
Insurance Company
Ameriprise Certificate
Company
Ameriprise Trust
Company
Ameriprise Bank, FSB
American Enterprise
Investment Services
Inc.
Following is a brief description of the business conducted by each > J. & W. Seligman & Co., Incorporated is a holding company for
subsidiary noted above, as well as the segment or segments in the Seligman group of companies. Seligman’s results of
which it primarily operates. operations are included in our Asset Management segment.
>RiverSource Fund Distributors, Inc. is a broker-dealer
>Threadneedle Asset Management Holdings S` arl is a
subsidiary which serves as the principal underwriter and
Luxembourg-based holding company for the Threadneedle
distributor for our RiverSource and Seligman mutual funds. Its
group of companies (‘‘Threadneedle’’), which provides
results of operations are included in our Asset Management
investment management products and services to clients in the
segment.
United Kingdom, Continental Europe and the Asia-Pacific
region on a basis primarily independent from our other >American Enterprise Investment Services Inc. (‘‘AEIS’’) is our
affiliates. Operating under its own brand name, management registered clearing broker-dealer subsidiary. Brokerage
organization and operating, compliance and technology transactions for accounts introduced by Ameriprise Financial
infrastructure, Threadneedle’s results of operations are Services, Inc. are executed and cleared through AEIS. Its results
included in our Asset Management segment. of operations are included in our Advice & Wealth Management
>RiverSource Investments, LLC serves as investment advisor to segment.
our RiverSource and Seligman family of mutual funds and to >Ameriprise Financial Services, Inc. (‘‘AFSI’’), a registered
institutional accounts. Its results of operations are included in broker-dealer and registered investment adviser, is our primary
our Asset Management and Corporate & Other segments. financial planning and retail distribution subsidiary, which
operates under our Ameriprise Financial brand name. Its
ANNUAL REPORT 2009 3