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Ameriprise Financial's CEO Discusses Q1 2012 Earnings Results - Earnings Call Transcript

Ameriprise Financial, Inc. (AMP)

Q1 2012 Earnings Call

April 24, 2011 9:00 am ET


Alicia A. Charity – Investor Relations

James M. Cracchiolo – Chairman of the Board & Chief Executive Officer

Walter S. Berman – Chief Financial Officer & Executive Vice President


Andrew Kligerman – UBS

John Nadel – Sterne Agee

Alexander Blostein – Goldman Sachs & Co.

Jay Gelb – Barclays Capital

Eric Berg – RBC Capital Market

Thomas Gallagher – Credit Suisse Securities

Jeffrey Schuman – Keefe, Bruyette & Woods

John Hall – Wells Fargo Securities



Welcome to the first quarter 2012 earnings call. At this time all participants are in a listen only mode. Later we will conduct a question and answer session. Please note that this conference is being recorded. I will now turn the call over to Ms. Alicia Charity.

Alicia A. Charity

Welcome to Ameriprise Financial’s first quarter earnings call. With me on the call today are Jim Cracchiolo, Chairman and CEO and Walter Berman, Chief Financial Officer. Following their remarks we’ll be happy to take your questions. During the call you will hear references to various non-GAAP financial measures which we believe provide insight into the underlying performance of the company’s operations. Reconciliations of the non-GAAP numbers to the respective GAAP numbers can be found in today’s materials available on our website.

Some statements that we make on this call may be forward-looking reflecting management’s expectations about future events and operating plans and performance. These forward-looking statements speak only as of today’s date and involve a number of risks and uncertainties. A sample list of factors and risks that could cause actual results to be materially different from forward-looking statements can be found in today’s earnings release, our 2011 annual report to shareholders, or our 2011 10K Report. We undertake no obligation to update publically or to revise these forward-looking statements.

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