Press Release

Ameriprise Financial Plans Live Audio Webcast of Financial Community Presentation

MINNEAPOLIS – October 26, 2006 – Ameriprise Financial, Inc. (NYSE: AMP) is hosting its first Financial Community Presentation on Wednesday, November 15, 2006 at 1:30 p.m. (ET). At the meeting, Jim Cracchiolo, chairman and chief executive officer, Brian Heath, president of U.S. Advisor Group, and Simon Davies, chief executive officer of Threadneedle Investments, will update the financial community on the Company's progress and key areas of focus, and senior management will be available to answer questions.

Live audio of the meeting, as well as the presentation slides that will be shown at the session, will be accessible to the general public on the Ameriprise Financial website at ir.ameriprise.com. An audio replay of the speakers' presentations and the Q&A will be available after the meeting at the same website address.

Ameriprise Financial, Inc. is a leading financial planning and services company with more than 12,000 financial advisors and registered representatives that provides solutions for clients' asset accumulation, income management and insurance protection needs. The Company's financial advisors deliver tailored solutions to clients through a comprehensive and personalized financial planning approach built on a long-term relationship with a knowledgeable advisor. The Company specializes in meeting the retirement-related financial needs of the mass affluent. Financial advisory services and investments are available through Ameriprise Financial Services, Inc. Member FINRA and SIPC. For more information, visit ameriprise.com.