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Ameriprise Financial Announces Equity Award Grants for Employees of Companies Acquired in 2008

MINNEAPOLIS — (January 5, 2009) — Ameriprise Financial, Inc. (NYSE: AMP) today announced the grant of equity awards to former employees of J. & W. Seligman & Co. and H&R Block Financial Advisors who became employees of Ameriprise Financial or its subsidiaries resulting from the company's acquisition of the firms in the fourth quarter of 2008. In addition, the company granted equity awards to former employees of Brecek and Young Advisors who became employees of the company's subsidiary, Securities America, Inc., upon its acquisition of the firm. Securities America, Inc. also completed its acquisition in the fourth quarter of 2008. Read more

Commentary
Dan Laufenberg, Chief Economist, Ameriprise Financial

Economic Perspective
Dan Laufenberg, Chief Economist, Ameriprise Financial

Officially the recession may be a year old, but the weakest economic data is just now being reported. Real economic output most likely declined sharply in the fourth quarter and is expected to be shaky again in the first quarter of 2009. A massive stimulus package, combined with falling consumer prices, should provide the catalyst for a recovery, starting sometime late next spring. Read more.

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