Ameriprise Financial Services, LLC (“Ameriprise Financial Services”) is an investment advisory firm offering financial planning services since 1986. Ameriprise Financial, Inc. (NYSE: AMP), a publicly held company, is the parent company of Ameriprise Financial Services. References in this Brochure to “you” and “your” apply to each client who signs the Ameriprise Premier Retirement Income Agreement (“Service Agreement”). References to “us,” “we,” and “our” refer to Ameriprise Financial Services, LLC. References to “your financial advisor” are to your Ameriprise financial advisor.1 The services described in this Client Disclosure Brochure apply to our Ameriprise Premier Retirement Income clients only. Ameriprise Premier Retirement Income Overview and Appropriateness of the Service for you Ameriprise Premier Retirement Income service (the “Service”) is a specialized approach to retirement income planning that builds on our current investment advisory services and products and provides advice to clients approaching or in the distribution phase of retirement. The Service and your financial advisor tailor advisory services to your individual needs as discussed in the next several sections. The Service is provided by our Ameriprise retirement income consulting team (the “Service team”) in conjunction with your Ameriprise financial advisor. The Service team will review and analyze your data and other information to make recommendations that can help you meet your retirement income goals. You and your financial advisor will work together to act on those recommendations, as appropriate. The Service provides you with an initial, and at least annually thereafter, retirement income plan that seeks to identify and maximize dependable income sources while managing investment and shortfall risk relating to your accounts, assets, and income sources you have designated to be included for analysis in the Service (“Retirement Portfolio”). In addition, we’ll seek to provide you with tax-smart withdrawal strategies that will help you reach your retirement goals. The Service allows you to receive ongoing retirement income planning advice for an annual flat fee. The Service is limited to your Retirement Portfolio and is appropriate for clients who desire retirement income advice and seek product or security specific advice tailored to accounts held at Ameriprise Financial Services. Generally the time frame between each Recommendation Report you receive while enrolled in the Service is based on a twelve-month period (“Engagement Period”). In determining whether the Service is appropriate for you at the time of entering into an Agreement and throughout each Engagement Period with Ameriprise Financial Services, please consider the following:
• The Service is appropriate for individuals, married couples and domestic partners who are generally within five years of beginning their retirement or are already retired;
• The Service is intended for clients that have at least $1,000,000 in net investable assets held at Ameriprise Financial Services and included in your Retirement Portfolio;
• The Service is appropriate for clients that desire ongoing advice to help optimize income in retirement and are willing to pay a fee for that advice; 1 If you are a client of the Ameriprise Advisor Center, you may receive advice and support in for the Service from a dedicated team of financial advisors and professionals whose members may use titles such as Client Support Associate, Client Relationship Manager, or Financial Consultant.
• The Service is appropriate for clients that primarily choose to implement the recommendations provided in each written retirement income plan (“Recommendation Report”);
• The Service is not appropriate for clients that primarily choose to implement investment, asset allocation and withdrawals that are not included in the Recommendation Report. In this case, you are doing so without a recommendation from us, and you are assuming the risk that your investment decision does not align with your stated financial goals and/or is not in your best interest;
• The Service is limited to retirement income planning and does not include or replace your Ameriprise® Financial Planning Service (“AFPS”) which is designed as a long-term, collaborative, ongoing financial planning relationship to help you achieve at least one financial goal or need, however if your only financial goal is related to retirement, AFPS may no longer be appropriate for you once you enroll in the Service;
• The Service does not provide specific buy, sell or hold recommendations concerning individual securities in your investment accounts not held at Ameriprise Financial Services and your financial advisor cannot assist you with implementing or initiating any transactions within such outside accounts;
• Before enrolling in the Service or investing in any investment product, it is your responsibility to understand and consider all fees, expenses and other charges. That includes how much you will pay for the Service and when and how your advisory fee for the service (“Service Fee”) will be calculated and deducted;
• Your Service Fee does not include Managed Account advisory fees, or any transaction-based markups, commissions, sales charges or other ongoing fees charged to you when you implement your Recommendation Report in whole or in part through Ameriprise Financial Services or its affiliates. Additional fee information for any Managed Account or Ameriprise brokerage account you open or maintain with us can be found in the Ameriprise Managed Accounts Client Disclosure Brochure and applicable Managed Account client agreement(s), the Ameriprise Brokerage Client Agreement, the Other Important Disclosures Document, Working in Your Best Interest – Regulation Best Interest Disclosure, and any other related disclosures and documents, all of which are available on our website at ameriprise.com/disclosures or from your financial advisor. Please review all applicable information carefully before you make an investment decision and contact your financial advisor if you have any questions about the types of fees and expenses that may be associated with your Managed Account or Ameriprise brokerage account. Specific information concerning the fees and other charges of each investment product in which your account invests is available in the product’s prospectus or other offering document; and
• The same or similar services provided to you through the Service may be available to you at a lower fee from another service provider or may provide specific

buy, sell or hold recommendations to you concerning accounts not held at Ameriprise Financial Services. Depending on how long you choose to be a client of the Service, and the number and types of products that you purchase from Ameriprise Financial Services in order to act on your Recommendation Report, you may pay more or less to purchase products and services through Ameriprise Financial Services and its affiliates than if you were to purchase products and services from other financial services providers. The Service and any advice you receive from your financial advisor is tailored to your specific circumstances and intended for your use only. If you choose to share your analysis and recommendations with a different broker-dealer or intermediary, neither your financial advisor nor Ameriprise Financial Services (nor any of its affiliates) is responsible for the outcome. Ameriprise Financial Services and our financial advisors owe you a fiduciary duty, as applied under the Investment Advisers Act of 1940, as amended, when you enter a Service relationship with Ameriprise Financial Services. This duty means that Ameriprise Financial Services and your financial advisor make investment recommendations that are in your best interest and place your interest ahead of our own and those of your financial advisor. This is accomplished by:
• Explaining and providing to you written disclosures that outline key, relevant factors about the investment advice and recommendations you receive; and
• Providing you with written disclosures that describe material conflicts of interest that your financial advisor and/or Ameriprise Financial Services have as part of the Service. You will find these written disclosures throughout this Brochure, and in the “Other Financial Industry Activities and Affiliations” and “How we get paid” sections. Your financial advisor can provide you with guidance to help you take action on your Recommendation Report, including asset allocation services that include individual retirement accounts (each, an “IRA”) and employer sponsored retirement accounts. Your financial advisor may discuss, present or offer ideas for you to consider related to the Service and these accounts. Such communications are offered solely as education, marketing and examples of the potential uses for purposes of discussion and for your independent consideration, and should not be viewed, construed or relied upon, as investment or fiduciary recommendations or advice under the Employee Retirement Income Security Act of 1974 ("ERISA") or Section 4975 of the Internal Revenue Code of 1986, as amended (the “Internal Revenue Code”). Such communications should not be (and are not intended to be) relied upon as a primary basis for your investment decisions with respect to your retirement assets. To the extent that you receive recommendations related to assets held in your brokerage account or with respect to commission-based securities, such recommendations are made as part of your brokerage relationship and are made in your best interest but are not fiduciary recommendations under the Advisers Act, ERISA or the Internal Revenue Code. Also, to the extent an asset allocation service identifies any specific investment alternative in a retirement plan, please note that other investment alternatives with similar risk and return characteristics may be available to you. Such investment alternatives may be more or less costly than those available at or recommended by Ameriprise Financial Services. Your Plan sponsor (for government plans or those that fall under ERISA) or your financial advisor can assist you in obtaining information about other potential investment alternatives. Establishing a relationship and preparing for your analysis Prior to establishing a Service relationship, you will provide your financial advisor with initial information regarding your Retirement Portfolio and income needs in retirement, and you will receive and review a proposal that outlines how components of the Service could benefit you. Your Service relationship begins on the date that your Service Agreement is accepted (“Effective Date”). Your initial Engagement Period begins on the day your financial advisor confirms they have delivered your Recommendation Report to you and ends the day prior to the anniversary date of the delivery of your initial Recommendation Report. Each twelve-month period thereafter will be a new Engagement Period. Shortly after your Effective Date, you will receive an enrollment confirmation. After you have entered into a Service Agreement and are enrolled in the Service, you and your financial advisor will work together to refine your retirement goals as needed and to confirm your Retirement Portfolio to include in the Service. Your financial advisor will help you identify assets, accounts and sources of income to include in your Retirement Portfolio and gather your important documents relevant to your Retirement Portfolio such as your bank and brokerage statements, tax returns, IRA and retirement plan account statements and statements for any external accounts that will be used to fund your retirement. You will also work with your financial advisor to review investment products that may offer guaranteed or stable income and determine if it is appropriate for you to plan to utilize one or more of these products to help you cover your essential expenses such as housing, food, utilities, taxes and healthcare during your retirement. Once all of your pertinent information has been received by the Service team from your financial advisor and you have satisfied other applicable eligibility criteria as outlined in the “Types of Clients” section, such as completing the transfer of assets into any new accounts you have chosen to open with us, we will begin our analysis. Provided you submit all of the information necessary to begin our analysis and you have satisfied applicable eligibility requirements, your Recommendation Report will be delivered promptly but no later than 180 days after your Effective Date. If we do not receive all of the information needed and satisfy your eligibility requirements in time to complete the analysis and allow the advisor to deliver the Recommendation Report within this 180 day period, we will send you written termination of the Service relationship. If you subsequently provide any missing information or meet applicable eligibility requirements, you may resubmit an application to re-enroll in the Service. Receiving and reviewing your Recommendation Report Each Recommendation Report will address the key retirement income planning strategies described in the