Ameriprise 2011 Annual Report Download - page 4

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in operating earnings in 2011
0
$200
$300
$400
Operating net revenue per advisor
(in thousands)
$271
$342
$384
2009 2010 2011
$1.2 billion
2
We also continued to strengthen a hallmark of our company: our nancial
foundation. We maintained our large excess capital position, managed our
diversied investment portfolio effectively and reinforced our risk management
program. This strength enabled us to return $1.7 billion to shareholders
through share repurchases and dividends. In 2011, we repurchased 27.9
million shares of Ameriprise common stock for $1.5 billion — more than double
what we committed in 2010 — and we announced two dividend increases,
which together represented a 56 percent increase in our quarterly dividend
from the prior year. In fact, with the latest increase, we have raised our
quarterly dividend ve times since becoming a public company six years ago.
Our growth platforms: wealth management, retirement
and asset management
We have built our company to compete in two primary ways: as a leader in
wealth management and retirement in the U.S. and as an asset manager
with an increasingly global business.
Advisor satisfaction and
retention rates for our more
productive advisors are
near record highs, and we
have strong momentum
in our experienced
advisor recruiting.”
We have invested heavily in our wealth
management and retirement business
over the past several years, and in
2011, we began to capture the benets
of these initiatives: we generated solid
revenue growth, improved protability
and increased advisor productivity.