Ameriprise 2013 Annual Report Download - page 21

Columbia Management Investment Distributors, Inc. is a broker-dealer subsidiary that serves as the principal underwriter
and distributor for Columbia Management funds. Its results of operations are included in our Asset Management segment.
Columbia Management Investment Services Corp. is a transfer agent that processes client transactions for Columbia
Management funds and Ameriprise face-amount certificates. Its results of operations are included in our Asset
Management and Advice & Wealth Management segments.
AMPF Holding Corporation is a holding company for certain of our retail brokerage and advisory subsidiaries, including AFSI
(defined below) and AEIS (defined below). AMPF Holding Corporation’s results of operations are included in our Advice &
Wealth Management segment.
American Enterprise Investment Services Inc. (‘‘AEIS’’) is our registered clearing broker-dealer subsidiary. Brokerage
transactions for accounts introduced by AFSI are executed, cleared and settled through AEIS. Its results of operations are
included in our Advice & Wealth Management segment.
Ameriprise Financial Services, Inc. (‘‘AFSI’’), a registered broker-dealer and registered investment adviser, is our primary
financial planning and retail distribution subsidiary. Its results of operations are included in our Advice & Wealth
Management segment.
RiverSource Distributors, Inc. (‘‘RiverSource Distributors’’) is a broker-dealer subsidiary that serves as the principal
underwriter and/or distributor for our RiverSource annuities and insurance products sold through AFSI as well as through
third-party channels. Its results of operations are included in our Annuities and Protection segments.
RiverSource Life Insurance Company (‘‘RiverSource Life’’) conducts its insurance and annuity business in states other than
New York. Its results of operations for our annuities business are included primarily in the Annuities segment, and its
results of operations with respect to our life and health insurance products it manufactures are reflected primarily in the
Protection segment. Investment income on excess capital is reported in the Corporate & Other segment.
RiverSource Life Insurance Co. of New York (‘‘RiverSource Life of NY’’) conducts its insurance and annuity businesses in
the State of New York. Its results of operations for our annuities business are included primarily in the Annuities segment,
and its results of operations with respect to our life and health insurance products it manufactures are reflected primarily
in the Protection segment. Investment income on excess capital is reported in the Corporate & Other segment. RiverSource
Life of NY is a wholly owned subsidiary of RiverSource Life. We refer to RiverSource Life and RiverSource Life of NY as the
‘‘RiverSource Life companies.’’
IDS Property Casualty Insurance Company (‘‘IDS Property Casualty’’ or ‘‘Ameriprise Auto & Home’’) provides personal auto,
home and excess liability insurance products. Ameriprise Insurance Company, a wholly owned subsidiary of IDS Property
Casualty, is also licensed to provide these products. The results of operations of these companies are included in the
Protection segment.
Ameriprise Certificate Company issues a variety of face-amount certificates. Its results of operations are included in the
Advice & Wealth Management segment.
Ameriprise Trust Company (‘‘ATC’’) provides trust services to individuals and businesses. Its results of operations are
included in the Asset Management segment.
Ameriprise National Trust Bank (formerly Ameriprise Bank, FSB) offers personal trust and related services. Its results of
operations are included in the Advice & Wealth Management segment.
Our Segments — Advice & Wealth Management
Our Advice & Wealth Management segment provides financial planning and advice, as well as full-service brokerage
services, primarily to retail clients through our advisors. These services are centered on long-term, personal relationships
between our advisors and our clients and focus on helping clients confidently achieve their financial goals. Our advisors
provide a distinctive approach to financial planning and have access to a broad selection of both affiliated and
non-affiliated products to help clients meet their financial needs.
A significant portion of revenues in this segment is fee-based, driven by the level of client assets, which is impacted by
both market movements and net asset flows. We also earn net investment income on owned assets primarily from
certificate products. This segment earns revenues (distribution fees) for providing non-affiliated products and intersegment
revenues (distribution fees) for providing our affiliated products and services to our retail clients. Intersegment expenses for
this segment include expenses for investment management services provided by our Asset Management segment. All
intersegment activity is eliminated in our consolidated results.
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