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TheStreet Open House

Ameriprise Financial's CEO Hosts Annual Meeting Of Shareholders (Transcript)

Next, I would like to introduce as a group, the members of the executive leadership team of Ameriprise Financial who are here today. The Board and I rely heavily upon the skills and experiences to let these talented officers to help run the company. I ask the executive leadership team to all stand and please join me and the Board in giving them a round of applause.

I would also like to acknowledge Ameriprise Financial employees and advisors who are here with us today or listening on the web. Our company is in a terrific position today because of your hard work and dedication to our clients. On behalf of the Board of Directors, the executive leadership team, I sincerely thank each of you.

Now, I am going to turn it back to Tom for the statement of order of business and the opening of the polls.

Tom Moore – Corporate Secretary and Chief Governance Officer

Thank you, Jim. To ensure the orderly conduct of the business of this meeting, the Board of Directors has adopted the order of business set forth in the agenda provided to each person as he or she entered.

Accompanying the agenda are the meeting procedures approved by the Board of Directors. We ask in fairness to all of those present that you please honor these rules. The three items of business for today’s meeting are: first, the election of four directors to serve until the company’s 2013 Annual Meeting or until their successors are elected and qualified; second, a non-binding and advisory vote to approve the compensation of the named executive officers; finally, the ratification of PricewaterhouseCoopers by the Audit Committee to serve as the company’s independent auditors for the fiscal year ending December 31, 2012.

The company has not received notice from any shareholders, as required under its by-laws, of any other matter to be considered at today’s meeting. And therefore no other proposal or nomination may be properly introduced by shareholders. On behalf of the Chairman, I now declare the polls open for voting at this Annual Meeting. If you wish to vote at the meeting and have not yet done so, you may deliver your ballot to the Inspector of Elections. Inspector, please stand in order to identify yourself. Thank you.

Read the rest of this transcript for free on seekingalpha.com

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