Ameriprise financial statements FAQ
For more information about your monthly or quarterly statement, view a visual representation of the statement.
If you have questions about the information on your statements or on this page, contact your Ameriprise financial advisor or a client service representative at 800.862.7919 7 a.m. – 9 p.m. Central time Monday–Friday and 8 a.m. – 5 p.m. Central time on weekends.
Ameriprise monthly/quarterly statements
- How is the frequency of the financial statement determined?
- Where can I track payment activity and checks written from my Ameriprise account?
- Where can I get a copy of my financial statement?
- How can I get a statement that shows only specific accounts?
Ameriprise annual statement
- What is the Ameriprise annual financial statement?
- How can I use the Ameriprise annual financial statement?
- Who gets the Ameriprise annual financial statement?
- Can I get my statement mailed to me?
- How can I find my Ameriprise annual financial statement?
- When will my Ameriprise annual financial statement be available online?
- Why is the information on my annual financial statement different than the information on my tax statement?
The statement frequency is based on the product and types of transactions within that product.
Financial statements for clients without brokerage accounts are generated on a random quarterly cycle.
Financial statements for clients with brokerage accounts are generated on a calendar quarterly cycle, unless certain activity in a brokerage accounts triggers a monthly statement or if the client requests a monthly statement.
If a client has any of the following activity during the course of the month, a monthly statement will be produced:
- Electronic Funds Transfers, including bank authorizations, direct deposits, wires and payroll deduction
- Ameriprise ONE Financial Account features activity, including check writing, debit card and other related transactions
- Discretionary account activity (For example: AP, SMA)
- Deposits and contributions
- Money Market Fund activity
- Options activity
- Margin interest
- Clients with non-retirement brokerage accounts will receive a month-end statement for trade activity.
The following activity will not trigger a monthly statement; quarterly statement produced:
- Non-Margin Interest
- Non Wire-Transfer Fees
- Sweep Account Activity
- REIT Distributions
- Mutual Fund Mergers
- Reinvested Dividends
- Bond Maturation
- Corporate Actions
Brokerage clients will, at a minimum, receive a calendar quarterly statement. If they have any of the above activity in a non-calendar quarterly month, a monthly statement will be sent.
The “Withdrawals” sub-section of “Account Activity Detail” provides information about all types of withdrawals out of your ONE the account, including checks, ATM debits and electronic payments.
Additional details for checks and electronic withdrawal transactions are found in the “Checks, Electronic Transfers (ACH) and ATM Activity” section which follows “Account Activity Detail”. The check number is displayed in the “Reference” column and the payee for ACH or ATM activity is displayed the “Description” column.
The best place to get a copy of your statement is on the secure site on ameriprise.com in the Statements & Documents tab. Clients must be registered for the secure site to access their financial statements.
If you are not able to use ameriprise.comto get statement copies, call your financial advisor or a client service representative at 800.862.7919 7 a.m. – 9 p.m. Central time Monday–Friday and 8 a.m. – 5 p.m. Central time on weekends to request a reprint. Critical: A $5 fee will be charged for all reprints sent out by client service.
The statement reprint will be an exact copy of an existing client statement sent to the address of record on that statement. If the address has been changed or any corrections made to the groups and/or its accounts, they will not appear in the reprinted statement but will be reflected on the next scheduled statement.
To protect your privacy, statement reprints cannot be e-mailed or faxed. The reprints must be mailed to the address of record and cannot be mailed to a third party.
Consolidated Statement Group (CST) groups can be created to accommodate a printing a special financial statement as requested by a client who want to alter which accounts appear on the same statement. CST groups can be created to combine or separate accounts on a statement.
Note: Accounts in Pension Groups are not eligible for special CST arrangements. Household and pension groups cannot be combined on one statement in a CST group. The statements have different formats and they cannot be combined for legal reasons.
The Ameriprise annual financial statement is an online-only resource that provides a consolidated look at your Ameriprise Financial portfolio for the calendar year.
The Ameriprise annual financial statement includes:
Portfolio review. Your current value, the progress of your portfolio and current distribution over asset classes
Portfolio summary. A detailed listing of all your accounts by ownership for each of the owners within your household
Account detail. In-depth information and activity for each account
Your Ameriprise annual financial statement can be used for a variety of purposes:
Quick access to your account activity for the year. See your portfolio progress at a glance and easily access specific transactions.
Simplified financial records. Your Ameriprise annual financial statement can replace your quarterly or monthly financial statements from the past year in your files.
End-of-year review. Discuss your progress, as well as any questions you may have about your portfolio with your financial advisor.
If you receive monthly or quarterly statements from Ameriprise Financial, either by mail or online, the Ameriprise annual financial statement will be available to you online.
No, if you would like a printed statement, we suggest you download and print your annual financial statement from the secure site on ameriprise.com. You will need Adobe Acrobat Reader 7.0 (or higher) on your computer and use Microsoft Internet Explorer V6.0 or higher to view or print your statement.
To access your statement, you will need to be registered for the secure site on ameriprise.com. After you log in to the secure site, choose "Statements & Documents" from the "Your Accounts" tab at the top of the page. The Ameriprise annual financial statement will be available for two years.
Your 2012 Ameriprise annual financial statement will be available through the secure site on ameriprise.com on or before February 1, 2013.
Why is the information on my annual financial statement different than the information on my tax statement?
A financial statement is a valuable tool that reflects your account at a specific point in time. Tax statements provide information that has or may have tax implications and needs to be taken into consideration when preparing tax returns. Each statement contains only the information that is relevant to its purpose, so you may notice different levels of detail in each statement. For instance, a tax statement may reflect the following:
For fixed interest earning investments: When December 31st falls on a weekend the financial statement displays the value as of the last business day of the month while the tax statement incorporates the interest though Dec. 31.
Income reclassification when the tax designation of a payment is changed after the close of the year. This most commonly occurs with UITs and REITs.
Spillover dividends occur when mutual fund dividends are declared in the fourth quarter of the year and payable the following January. These dividends are taxable in the prior year (the year declared).
Sale transactions are shown on your financial statement by settlement date, however, they are shown and reported to the IRS by trade date on Form 1099-B.
The cost basis information shown on the financial statement is provided as a service; it may not reflect all the adjustments needed for tax reporting purposes. However, for “covered” stock which is purchased and sold in 2011 or later, use the cost basis information that will be provided to you on IRS Form 1099-B, Proceeds from Broker and Barter Exchange Transactions when completing your tax return(s). See www.ameriprise.com/costbasis for more information on covered securities.