Ameriprise 2015 Annual Report Download - page 24
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23FEB201602040848
markets. In the past few years, we have expanded beyond our traditional strengths in the U.S. and UK to gather assets in
Continental Europe, Asia, Australia, the Middle East, South America and Africa. In addition, we continue to pursue
opportunities to leverage the collective capabilities of our global asset management business in order to enhance our
current range of investment solutions, to develop new solutions that are responsive to client demand in an increasingly
complex marketplace and to maximize the distribution capabilities of our global business.
Financial markets and macroeconomic conditions have had and will continue to have a significant impact on our operating
and performance results. In addition, the business and regulatory environment in which we operate remains subject to
elevated uncertainty and change. To succeed, we expect to continue focusing on our key strategic objectives. The success
of these and other strategies may be affected by the factors discussed below in Item 1A of this Annual Report on
Form 10-K — ‘‘Risk Factors’’, and other factors as discussed herein.
The financial results from the businesses underlying our go-to-market approaches are reflected in our five operating
segments:
• Advice & Wealth Management;
• Asset Management;
• Annuities;
• Protection; and
• Corporate & Other.
As a diversified financial services firm, we believe our ability to gather assets across the enterprise is best measured by our
assets under management and administration metric. At December 31, 2015, we had $776.7 billion in assets under
management and administration compared to $806.2 billion as of December 31, 2014. For a more detailed discussion of
assets under management and administration see ‘‘Management’s Discussion and Analysis of Financial Condition and
Results of Operations’’ included in Part II, Item 7 of this Annual Report on Form 10-K. The following chart shows our
current business mix through the contributions of each segment to our pretax operating earnings (excluding Corporate &
Other segment) as well as a historical comparison that reflects how we have executed on our strategy to shift our business
mix toward higher growth areas in Advice & Wealth Management and Asset Management.
4%
49%
8%
39%
12%
2009 2015
66%
31%
35%
7%
27%
Annuities Protection Advice & Wealth
Mana
g
ement
Asset
Management
2