Ameriprise 2011 Annual Report Download - page 8
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in assets under management and administration
$631 billion
6
Together, Columbia Management and Threadneedle represent a compelling
capability. Our asset management business generated $528 million in operating
earnings in 2011, up 29 percent in a challenging market, and our adjusted net
pretax operating margin of 33.2 percent was up from 30.1 percent a year ago.
While our results are strong, I am condent that we can grow even further
from here.
National Day of Service
Ameriprise Financial is committed to strengthening communities where our clients,
employees and advisors live and work. We focus on meeting basic needs, fostering
community vitality and supporting initiatives that are important to our people.
Our National Day of Service reects this deep commitment. On Nov. 18, 2011,
thousands of our nancial advisors, employees and clients joined forces with
Feeding America member food banks and other hunger-relief organizations across
the U.S. to ensure hungry families could share a nutritious meal during the holidays.
Our volunteer teams helped more than 320 hunger relief organizations in 45
states, with 7,000 volunteers contributing more than 17,000 hours of service. In
Minneapolis, employees packaged more than 37,000 meals for Kids Against Hunger;
in New York City, advisors packaged 25,000 pounds of fruit for City Harvest; and at
the Greater Boston Food Bank, volunteers sorted more than 23,000 pounds of food.
Employees and advisors assemble emergency
food supplies at Desert Mission Food Bank
in Phoenix, Arizona. Ameriprise Financial is
dedicated to helping the nearly 50 million
Americans who struggle with hunger.