On May 27, 2009, Ameriprise Financial, Inc. (the "Company") entered into an Underwriting Agreement (the "Underwriting Agreement") with Banc of America Securities LLC, Citigroup Global Markets Inc., UBS Securities LLC and Wachovia Capital Markets, LLC as representatives of the several underwriters therein (collectively, the "Underwriters") providing for the offer and sale by the Company of $200,000,000 principal amount ($230,000,000 principal amount if the Underwriters' over-allotment option is exercised in full) of its 7.75% Senior Notes due 2039 (the "Notes"). The Underwriting Agreement is attached hereto as Exhibit 1.1 and is incorporated herein by reference.

The Underwriting Agreement includes customary representations, warranties and covenants by the Company. It also provides for customary indemnification by each of the Company and the Underwriters against certain liabilities and customary contribution provisions in respect of those liabilities.

The Notes sold pursuant to the Underwriting Agreement will be governed by the terms of an Indenture, dated as of May 5, 2006, entered into with U.S. Bank National Association, as trustee. The Notes will be senior unsecured obligations of the Company and will rank prior to all of the Company's subordinated indebtedness and on an equal basis with all of the Company's other senior unsecured indebtedness. Interest on the Notes will accrue at a rate of 7.75% per annum and will be payable quarterly in arrears on each March 15, June 15, September 15 and December 15, commencing September 15, 2009. The Company may redeem the Notes, in whole or in part, on or after June 15, 2014 at its option, prior to maturity at a price equal to 100% of their principal amount, plus accrued and unpaid interest to the date of redemption. Delivery of the Notes in book-entry form only through the facilities of The Depository Trust Company will be made on June 3, 2009.

The information contained herein is not an offer to purchase or the solicitation of an offer to purchase the Notes. The Company's offer to purchase the Notes is set forth in the prospectus supplement dated May 27, 2009 and filed with the Securities and Exchange Commission (the "Commission") on May 29, 2009 (the "Prospectus Supplement"), to the prospectus dated May 26, 2009 (the "Prospectus") and previously filed with the Commission pursuant to Rule 424(b)(3) under the Securities Act of 1933, as amended, on May 26, 2009, as part of our registration statement on Form S-3 (Registration No. 333-158972) .

In connection with the offering of the Notes, the Company's Prospectus and Prospectus Supplement each included the Company's computation of consolidated ratios of earnings to fixed charges and the Company hereby files as Exhibit 12.1 attached hereto, such consolidated ratios of earnings to fixed charges for the fiscal years and periods as set forth therein.

This Current Report is being filed in connection with the Company's offer and sale of the Notes and to file with the Commission the documents and instruments attached hereto as exhibits.

(d) Exhibits

1.1            Underwriting Agreement, dated May 27, 2009, among the Company and
               Banc of America Securities LLC, Citigroup Global Markets Inc., UBS
               Securities LLC and Wachovia Capital Markets, LLC as
               representatives of the several underwriters.
12.1           Computation of Consolidated Ratios of Earnings to Fixed Charges.