AMERIPRISE FINANCIAL INC, DEF 14A filed on 3/21/2025
Proxy Statement (definitive)
v3.25.1
Cover
 12 Months Ended
Dec. 31, 2024
Document Information [Line Items]  
Document Type DEF 14A
Amendment Flag false
Entity Information [Line Items]  
Entity Registrant Name Ameriprise Financial Inc.
Entity Central Index Key 0000820027
v3.25.1
Pay vs Performance Disclosure
 12 Months Ended
Dec. 31, 2024
USD ($)
$ / shares
Dec. 31, 2023
USD ($)
$ / shares
Dec. 31, 2022
USD ($)
$ / shares
Dec. 31, 2021
USD ($)
$ / shares
Dec. 31, 2020
USD ($)
$ / shares
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
Pay Versus Performance
The following table sets forth compensation information of our Principal Executive Officer (“PEO”) and our non-PEO NEOs along with total shareholder return, net income, and Adjusted Operating Earnings Per Share excluding Unlocking (diluted) performance results for our fiscal years ending in 2020, 2021, 2022, 2023 and 2024 in accordance with Item 402(v) of Regulation S-K. The amounts reported in this table are not additional amounts received by our PEO and non-PEO NEOs to the amounts reported in the Summary Compensation Table. The calculations and analysis below do not necessarily reflect the Company’s approach to aligning executive compensation with performance. For information concerning the Company’s compensation philosophy and how the Company aligns executive compensation with financial performance, refer to the Compensation Discussion and Analysis section of this Proxy Statement, beginning on page 44.
​
Year(1)
(a)
​ ​
Summary
Compensation
Table Total
for PEO
($)
(b)
​ ​
Compensation
Actually Paid
to PEO(2)(3)
($)
(c)
​ ​
Average
Summary
Compensation
Table Total for
Non-PEO
NEOs
($)
(d)
​ ​
Average
Compensation
Actually Paid
to Non-PEO
NEOs(2)(3)
($)
(e)
​ ​
Value of Initial Fixed $100
Investment Based on:(5)
​ ​
GAAP Net
Income(7)
($m)
(h)
​ ​
Adjusted
Operating
EPS excluding
Unlocking
(diluted)(7)(8)
(i)
​
​
Total
Shareholder
Return
(f)
​ ​
Peer Group
Total
Shareholder
Return(6)
(g)
​
​
2024
​ ​ ​
​
28,144,215
​ ​ ​ ​
​
55,940,095(4)
​ ​ ​ ​
​
7,000,039
 ​ ​ ​ ​
​
12,146,344(4)
​ ​ ​ ​
$
350
 ​ ​ ​ ​
$
173
 ​ ​ ​ ​
$
3,401
 ​ ​ ​ ​
$
35.07
 ​ ​
​
2023
​ ​ ​
​
28,378,031
 ​ ​ ​ ​
​
48,624,071
 ​ ​ ​ ​
​
6,822,427
 ​ ​ ​ ​
​
11,135,219
 ​ ​ ​ ​
$
246
 ​ ​ ​ ​
$
133
 ​ ​ ​ ​
$
2,556
 ​ ​ ​ ​
$
29.58
 ​ ​
​
2022
​ ​ ​
​
22,847,623
 ​ ​ ​ ​
​
34,989,082
 ​ ​ ​ ​
​
6,142,835
 ​ ​ ​ ​
​
8,829,365
 ​ ​ ​ ​
$
199
 ​ ​ ​ ​
$
118
 ​ ​ ​ ​
$
3,149
 ​ ​ ​ ​
$
24.43
 ​ ​
​
2021
​ ​ ​
​
21,229,464
 ​ ​ ​ ​
​
63,512,752
 ​ ​ ​ ​
​
7,395,895
 ​ ​ ​ ​
​
20,347,877
 ​ ​ ​ ​
$
189
 ​ ​ ​ ​
$
132
 ​ ​ ​ ​
$
3,417
 ​ ​ ​ ​
$
22.53
 ​ ​
​
2020
​ ​ ​
​
20,794,703
 ​ ​ ​ ​
​
43,974,265
 ​ ​ ​ ​
​
6,831,573
 ​ ​ ​ ​
​
13,278,643
 ​ ​ ​ ​
$
120
 ​ ​ ​ ​
$
98
 ​ ​ ​ ​
$
1,534
 ​ ​ ​ ​
$
16.86
 ​ ​
​
(1)​
​ ​
Year
​ ​
PEO
​ ​
Non-PEOs
​
​ ​ ​ ​
2024
​ ​
Mr. Cracchiolo
​ ​
Messrs. Berman, Davies, Sweeney and Truscott
​
​ 2023 ​ ​ Mr. Cracchiolo ​ ​ Messrs. Berman, Davies, Sweeney and Truscott ​
​ 2022 ​ ​ Mr. Cracchiolo ​ ​ Messrs. Berman, Davies, Sweeney and Truscott ​
​ 2021 ​ ​ Mr. Cracchiolo ​ ​ Messrs. Berman, Moore, Sweeney and Truscott ​
​ 2020 ​ ​ Mr. Cracchiolo ​ ​ Messrs. Berman, Moore, Sweeney and Truscott ​
​
(2)
Fair value or change in fair value, as applicable, of equity awards in the above table, was determined by reference to (1) for RSU awards (or DSU awards for Mr. Davies), closing price on applicable year-end date(s) or, in the case of vesting dates, the actual vesting price plus the dollar value of any dividends paid on the RSU in the covered fiscal year prior to the vesting date that is not reflected in the fair value of the award (dividends on DSUs are accrued within the Threadneedle Deferral Plan and are paid out as additional shares of common stock in Ameriprise Financial, Inc. on vesting), (2) for stock options (or DSOs Mr. Davies), a Black-Scholes value as of the applicable year-end or vesting date(s), determined based on the same methodology as used to determine grant date fair value; the inputs of the model include (a) dividend yield which represents the Company’s expected dividend yield based on its historical dividend payouts and management’s expectations, (b) expected volatility which is based on the Company’s historical and implied volatilities, (c) risk-free interest rate based on the U.S. Treasury yield curve for a period commensurate with the expected life, and (d) expected life of the option based on the Company’s past experience and other considerations, and (3) for PSU awards, target awards multiplied by the leverage ratio at applicable year-end date(s) or actual vesting date, at closing price on applicable year-end date(s) or, in the case of vesting dates, the actual vesting price.
​
(3)
For the portion of Compensation Actually Paid that is based on year-end stock prices, the following prices were used: 2024 — $532.43, 2023 — $379.83, 2022 — $311.37, 2021 — $301.66, 2020 — $194.33.
​
(4)
2024 Compensation Actually Paid (CAP) to PEO (Mr. Cracchiolo) and the average CAP to non-PEOs reflects the following adjustments from Total Compensation reported in the Summary Compensation Table:
​
​ ​ ​ ​
PEO
($)
​ ​
Average
Non-PEO
($)
​
​
Total Compensation Reported in 2024 Summary Compensation Table (SCT)
​ ​
28,144,215
​ ​
7,000,039
​
​ Less, aggregate change in the actuarial present value of accumulated benefits under all defined benefit
and pension plans 		​ ​ ​ ​ (1,664,769) ​ ​ ​ ​ ​ (482,519) ​ ​
​ Plus, actuarially determined service cost ​ ​ ​ ​ 604,943 ​ ​ ​ ​ ​ 69,040 ​ ​
​ Less, value of Stock and Option Awards reported in SCT ​ ​ ​ ​ (16,000,000) ​ ​ ​ ​ ​ (2,895,062) ​ ​
​ Plus, Year-End Fair Value of Awards Granted in this Fiscal Year that are Unvested and Outstanding at Year-End ​ ​ ​ ​ 22,831,703 ​ ​ ​ ​ ​ 4,046,355 ​ ​
​ Plus or Minus, Difference Between Fair Value of awards from the end of the prior fiscal year to the end
of this fiscal year for awards granted in any prior fiscal year that are Outstanding and Unvested at
Year-End 		​ ​ ​ ​ 20,164,276 ​ ​ ​ ​ ​ 3,980,559 ​ ​
​ Plus, Fair Value as of the Vesting Date for Awards Granted this Year and that Vested this Year ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
​ Plus, Change in Fair Value (from prior year-end) of Prior Year awards that Vested this year ​ ​ ​ ​ 932,958 ​ ​ ​ ​ ​ 225,392 ​ ​
​ Plus, Dividends Paid on Stock Awards paid in this fiscal year prior to vesting if not otherwise included in
SCT total compensation 		​ ​ ​ ​ 926,768 ​ ​ ​ ​ ​ 202,540 ​ ​
​ Less Prior Year-End Fair Value for awards granted in any prior fiscal year that fail to meet the applicable
vesting conditions during this fiscal year 		​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
​ Total Adjustments ​ ​ ​ ​ 27,795,880 ​ ​ ​ ​ ​ 5,146,305 ​ ​
​ Compensation Actually Paid for Fiscal Year 2024 ​ ​ ​ ​ 55,940,095 ​ ​ ​ ​ ​ 12,146,344 ​ ​
​
(5)
2020 represents the total shareholder return for the period 12/31/19 to 12/31/20. 2021 represents total shareholder return for the period 12/31/19 to 12/31/21. 2022 represents total shareholder return for the period 12/31/19 to 12/31/22. 2023 represents total shareholder return for the period 12/31/19 to 12/31/23. 2024 represents total shareholder return for the period 12/31/19 to 12/31/24, in each case, reflecting what the cumulative value of $100 would be if such amount were invested on 12/31/19.
​
(6)
S&P 500 Financials Index, which is the same index used in our Form 10-K as required under Item 201(e)(1)(ii) of Regulation S-K.
​
(7)
2020 amounts for GAAP Net income and Adjusted Operating earnings per share (diluted) have not been restated for LDTI; all other periods reflect the adoption of LDTI.
​
(8)
The Company-Selected Measure (“CSM”), a non-GAAP measure, is defined as Adjusted Operating Earnings Per Share excluding Unlocking (diluted). See GAAP reconciliation table in Appendix A.
​
        
Company Selected Measure Name Adjusted Operating EPS excluding Unlocking (diluted)        
Named Executive Officers, Footnote
​
(1)​
​ ​
Year
​ ​
PEO
​ ​
Non-PEOs
​
​ ​ ​ ​
2024
​ ​
Mr. Cracchiolo
​ ​
Messrs. Berman, Davies, Sweeney and Truscott
​
​ 2023 ​ ​ Mr. Cracchiolo ​ ​ Messrs. Berman, Davies, Sweeney and Truscott ​
​ 2022 ​ ​ Mr. Cracchiolo ​ ​ Messrs. Berman, Davies, Sweeney and Truscott ​
​ 2021 ​ ​ Mr. Cracchiolo ​ ​ Messrs. Berman, Moore, Sweeney and Truscott ​
​ 2020 ​ ​ Mr. Cracchiolo ​ ​ Messrs. Berman, Moore, Sweeney and Truscott ​
       
Peer Group Issuers, Footnote
(6)
S&P 500 Financials Index, which is the same index used in our Form 10-K as required under Item 201(e)(1)(ii) of Regulation S-K.
       
PEO Total Compensation Amount $ 28,144,215 $ 28,378,031 $ 22,847,623 $ 21,229,464 $ 20,794,703
PEO Actually Paid Compensation Amount $ 55,940,095 48,624,071 34,989,082 63,512,752 43,974,265
Adjustment To PEO Compensation, Footnote
(4)
2024 Compensation Actually Paid (CAP) to PEO (Mr. Cracchiolo) and the average CAP to non-PEOs reflects the following adjustments from Total Compensation reported in the Summary Compensation Table:
​
​ ​ ​ ​
PEO
($)
​ ​
Average
Non-PEO
($)
​
​
Total Compensation Reported in 2024 Summary Compensation Table (SCT)
​ ​
28,144,215
​ ​
7,000,039
​
​ Less, aggregate change in the actuarial present value of accumulated benefits under all defined benefit
and pension plans 		​ ​ ​ ​ (1,664,769) ​ ​ ​ ​ ​ (482,519) ​ ​
​ Plus, actuarially determined service cost ​ ​ ​ ​ 604,943 ​ ​ ​ ​ ​ 69,040 ​ ​
​ Less, value of Stock and Option Awards reported in SCT ​ ​ ​ ​ (16,000,000) ​ ​ ​ ​ ​ (2,895,062) ​ ​
​ Plus, Year-End Fair Value of Awards Granted in this Fiscal Year that are Unvested and Outstanding at Year-End ​ ​ ​ ​ 22,831,703 ​ ​ ​ ​ ​ 4,046,355 ​ ​
​ Plus or Minus, Difference Between Fair Value of awards from the end of the prior fiscal year to the end
of this fiscal year for awards granted in any prior fiscal year that are Outstanding and Unvested at
Year-End 		​ ​ ​ ​ 20,164,276 ​ ​ ​ ​ ​ 3,980,559 ​ ​
​ Plus, Fair Value as of the Vesting Date for Awards Granted this Year and that Vested this Year ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
​ Plus, Change in Fair Value (from prior year-end) of Prior Year awards that Vested this year ​ ​ ​ ​ 932,958 ​ ​ ​ ​ ​ 225,392 ​ ​
​ Plus, Dividends Paid on Stock Awards paid in this fiscal year prior to vesting if not otherwise included in
SCT total compensation 		​ ​ ​ ​ 926,768 ​ ​ ​ ​ ​ 202,540 ​ ​
​ Less Prior Year-End Fair Value for awards granted in any prior fiscal year that fail to meet the applicable
vesting conditions during this fiscal year 		​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
​ Total Adjustments ​ ​ ​ ​ 27,795,880 ​ ​ ​ ​ ​ 5,146,305 ​ ​
​ Compensation Actually Paid for Fiscal Year 2024 ​ ​ ​ ​ 55,940,095 ​ ​ ​ ​ ​ 12,146,344 ​ ​
       
Non-PEO NEO Average Total Compensation Amount $ 7,000,039 6,822,427 6,142,835 7,395,895 6,831,573
Non-PEO NEO Average Compensation Actually Paid Amount $ 12,146,344 11,135,219 8,829,365 20,347,877 13,278,643
Adjustment to Non-PEO NEO Compensation Footnote
(4)
2024 Compensation Actually Paid (CAP) to PEO (Mr. Cracchiolo) and the average CAP to non-PEOs reflects the following adjustments from Total Compensation reported in the Summary Compensation Table:
​
​ ​ ​ ​
PEO
($)
​ ​
Average
Non-PEO
($)
​
​
Total Compensation Reported in 2024 Summary Compensation Table (SCT)
​ ​
28,144,215
​ ​
7,000,039
​
​ Less, aggregate change in the actuarial present value of accumulated benefits under all defined benefit
and pension plans 		​ ​ ​ ​ (1,664,769) ​ ​ ​ ​ ​ (482,519) ​ ​
​ Plus, actuarially determined service cost ​ ​ ​ ​ 604,943 ​ ​ ​ ​ ​ 69,040 ​ ​
​ Less, value of Stock and Option Awards reported in SCT ​ ​ ​ ​ (16,000,000) ​ ​ ​ ​ ​ (2,895,062) ​ ​
​ Plus, Year-End Fair Value of Awards Granted in this Fiscal Year that are Unvested and Outstanding at Year-End ​ ​ ​ ​ 22,831,703 ​ ​ ​ ​ ​ 4,046,355 ​ ​
​ Plus or Minus, Difference Between Fair Value of awards from the end of the prior fiscal year to the end
of this fiscal year for awards granted in any prior fiscal year that are Outstanding and Unvested at
Year-End 		​ ​ ​ ​ 20,164,276 ​ ​ ​ ​ ​ 3,980,559 ​ ​
​ Plus, Fair Value as of the Vesting Date for Awards Granted this Year and that Vested this Year ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
​ Plus, Change in Fair Value (from prior year-end) of Prior Year awards that Vested this year ​ ​ ​ ​ 932,958 ​ ​ ​ ​ ​ 225,392 ​ ​
​ Plus, Dividends Paid on Stock Awards paid in this fiscal year prior to vesting if not otherwise included in
SCT total compensation 		​ ​ ​ ​ 926,768 ​ ​ ​ ​ ​ 202,540 ​ ​
​ Less Prior Year-End Fair Value for awards granted in any prior fiscal year that fail to meet the applicable
vesting conditions during this fiscal year 		​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​
​ Total Adjustments ​ ​ ​ ​ 27,795,880 ​ ​ ​ ​ ​ 5,146,305 ​ ​
​ Compensation Actually Paid for Fiscal Year 2024 ​ ​ ​ ​ 55,940,095 ​ ​ ​ ​ ​ 12,146,344 ​ ​
       
Compensation Actually Paid vs. Total Shareholder Return
•
CAP versus Total Shareholder Return
​
CEO CAP amounts were $43,974,265, $63,512,752, $34,989,082, $48,624,071, and $55,940,095 in each of 2020, 2021, 2022, 2023, and 2024, respectively, while our total shareholder return, based on a $100 investment in Ameriprise on December 31, 2019, was $120 as of the end of 2020, $189 as of the end of 2021, $199 as of the end of 2022, $246 as of the end of 2023. And $350 as of the end of 2024. Similarly, our other NEO CAP amounts as averaged were $13,278,643, $20,347,877, $8,829,365, $11,135,219, and $12,146,344 in 2020, 2021, 2022, 2023, and 2024, respectively. As a result, our CAP values and total shareholder return are directionally aligned over the timeframe that the table covers because our total shareholder return increased and decreased year-to-year in accordance with increases and decreases in CAP.
       
Compensation Actually Paid vs. Net Income
•
CAP versus Net Income
​
CEO CAP amounts were $43,974,265, $63,512,752, $34,989,082, $48,624,071, and $55,940,095 in each of 2020, 2021, 2022, 2023, and 2024, respectively, while our GAAP Net Income for each year was $1,534M, $3,417M, $3,149M, $2,556M, and $3,401M as of the end of 2020, 2021, 2022, 2023, and 2024, respectively. Similarly, our other NEO CAP amounts were $13,278,643, $20,347,877, $8,829,365, and $11,135,219, and $12,146,344 in 2020, 2021, 2022, 2023, and 2024, respectively. GAAP Net Income is less reflective of ongoing operations and includes a number of factors that are excluded in Ameriprise’s Adjusted Operating Net Income metric. Reconciliations of non-GAAP measures to the most directly comparable GAAP measure are on page A-1.
       
Compensation Actually Paid vs. Company Selected Measure
•
CAP versus Company-Select Measure (Adjusted Operating Earnings Per Share excluding Unlocking (diluted))
​
As discussed in the Compensation Discussion and Analysis, Adjusted Operating Earnings Per Share is an assessment measure used in both annual performance assessments and longer-term PSU performance awards. The Company believes this is a solid measure of overall financial performance and shareholder value. Reconciliations of non-GAAP measures to the most directly comparable GAAP measure are on page A-1.
CEO CAP amounts were $43,974,265, $63,512,752, $34,989,082, $48,624,071, and $55,940,095 in each of 2020, 2021, 2022, 2023, and 2024 respectively, while our Adjusted Operating Earnings Per Share for each year was $16.86 as of the end of 2020, $22.53 as of the end of 2021, $24.43 as of the end of 2022, $29.58 as of the end of 2023, and $35.07 as of the end of 2024. Similarly, our other NEO CAP amounts were $13,278,643, $20,347,877, $8,829,365, $11,135,219, and $12,146,344 in 2020, 2021, 2022, 2023, and 2024, respectively. As a result, our CAP values and increases in Adjusted Operating Earnings Per Share are directionally aligned over the timeframe that the table covers.
       
Total Shareholder Return Vs Peer Group
•
Total Shareholder Return: Company versus Peer Group
​
The Company outperformed its S&P 500 Financials Index peer group over the 5-year period reflected in the above table. The value of a fixed $100 investment in Ameriprise on December 31, 2019, would have been $350, $246, $199, $189, and $120 at the end of 2024, 2023, 2022, 2021, and 2020, respectively, while it would have been $173, $133, $118, $132, and $98 for an investment in the S&P 500 Financials Index in those respective periods. Please refer to footnote 5 for additional details.
       
Tabular List, Table
Required Tabular Disclosure of Most Important Measures to Determine FY2024 CAP
The following performance measures reflect the Company’s most important performance measures in effect for 2024. See the Compensation Discussion and Analysis section of this proxy beginning on page 44 for further information.
​
Most Important Performance Measures for 2024
​
​ Adjusted Operating Net Revenues* ​
​ Adjusted Operating Net Income* ​
​ Adjusted Operating Earnings per diluted share* ​
​ Adjusted Operating Return on Equity excluding Accumulated Other Comprehensive Income* ​
​ Talent and Leadership Effectiveness ​
​
*
Exclude Unlocking
       
Total Shareholder Return Amount $ 350 246 199 189 120
Peer Group Total Shareholder Return Amount 173 133 118 132 98
Net Income (Loss) $ 3,401,000,000 $ 2,556,000,000 $ 3,149,000,000 $ 3,417,000,000 $ 1,534,000,000
Company Selected Measure Amount | $ / shares 35.07 29.58 24.43 22.53 16.86
PEO Name Mr. Cracchiolo        
Share Price | $ / shares $ 532.43 $ 379.83 $ 311.37 $ 301.66 $ 194.33
Measure:: 1          
Pay vs Performance Disclosure          
Name Adjusted Operating Net Revenues        
Measure:: 2          
Pay vs Performance Disclosure          
Name Adjusted Operating Net Income        
Measure:: 3          
Pay vs Performance Disclosure          
Name Adjusted Operating Earnings per diluted share        
Non-GAAP Measure Description
(8)
The Company-Selected Measure (“CSM”), a non-GAAP measure, is defined as Adjusted Operating Earnings Per Share excluding Unlocking (diluted). See GAAP reconciliation table in Appendix A.
       
Measure:: 4          
Pay vs Performance Disclosure          
Name Adjusted Operating Return on Equity excluding Accumulated Other Comprehensive Income        
Measure:: 5          
Pay vs Performance Disclosure          
Name Talent and Leadership Effectiveness        
PEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (1,664,769)        
PEO | Aggregate Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 604,943        
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (16,000,000)        
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 22,831,703        
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 20,164,276        
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount        
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 932,958        
PEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount        
PEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 926,768        
PEO | Pension Value And Equity Awards Value In Compensation Table For The Applicable Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 27,795,880        
Non-PEO NEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (482,519)        
Non-PEO NEO | Aggregate Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 69,040        
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (2,895,062)        
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 4,046,355        
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 3,980,559        
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount        
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 225,392        
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount        
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 202,540        
Non-PEO NEO | Pension Value And Equity Awards Value In Compensation Table For The Applicable Year [Member]          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 5,146,305        
v3.25.1
Award Timing Disclosure
 12 Months Ended
Dec. 31, 2024
Award Timing Disclosures [Line Items]  
Award Timing MNPI Disclosure
The Committee has adopted a Long-Term Incentive Awards Policy that details the policies and procedures we use to grant stock options, RSUs, PSUs and other share-based awards. The policy covers, among other topics: who has the authority to make grants; when grants may be made and when they become effective; required documentation; and our policy for making grants when the Committee or our CEO is aware of material nonpublic information about us or our securities. In order to eliminate the opportunity to manipulate the timing of equity awards based on either positive or negative nonpublic material information and to provide our shareholders with clearer and more candid disclosure about our timing of equity award grants, the policy establishes a fixed schedule of the permissible dates for the grant of equity awards.
Furthermore, the policy provides that the Committee and our Chairman and Chief Executive Officer will make grants to be effective as of the scheduled permissible grant dates regardless of whether they are aware of either positive or negative nonpublic material information about Ameriprise Financial or our securities at the time that they approve the grants. A copy of this policy is available on our website on the Corporate Governance page at ir.ameriprise.com. That site also includes an expected schedule of equity award grant dates for 2025, and we plan to update for future years’ grant date schedules. The Committee adopted the policy to document in one place the practices and procedures to be followed in making equity grants, and to provide transparency to our shareholders concerning our grant practices.
The Committee does not consider gains or losses from long-term and equity incentive awards made in prior years, such as stock option exercises and RSU vesting, in determining new incentive awards. The Committee believes that reducing or limiting current stock option grants, RSUs or other forms of compensation because of prior gains realized by an executive officer would unfairly penalize the officer for high past performance and reduce the motivation for continued high achievement.
Award Timing Method The policy covers, among other topics: who has the authority to make grants; when grants may be made and when they become effective; required documentation; and our policy for making grants when the Committee or our CEO is aware of material nonpublic information about us or our securities. In order to eliminate the opportunity to manipulate the timing of equity awards based on either positive or negative nonpublic material information and to provide our shareholders with clearer and more candid disclosure about our timing of equity award grants, the policy establishes a fixed schedule of the permissible dates for the grant of equity awards.
Award Timing Predetermined true
Award Timing MNPI Considered false
Award Timing, How MNPI Considered Furthermore, the policy provides that the Committee and our Chairman and Chief Executive Officer will make grants to be effective as of the scheduled permissible grant dates regardless of whether they are aware of either positive or negative nonpublic material information about Ameriprise Financial or our securities at the time that they approve the grants.
v3.25.1
Insider Trading Policies and Procedures
 12 Months Ended
Dec. 31, 2024
Insider Trading Policies and Procedures [Line Items]  
Insider Trading Policies and Procedures Adopted true