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William "Ted" Truscott President, U.S. Asset Management/Distribution and Chief Investment Officer Ameriprise Financial, Inc.

William "Ted" Truscott, president of U.S. Asset Management/Distribution and chief investment officer for Ameriprise Financial, joined the company in August 2001. Truscott is responsible for managing the firm's retail, institutional and owned asset portfolios, including the RiverSource Investment family of mutual funds, collective funds, institutional and retail separate accounts and alternative investments. Additionally, Truscott heads the distribution arm of RiverSource products ­ focusing on both Ameriprise financial advisors and expanded distribution through other brokerdealers, banks and financial institutions. Headquartered in Minneapolis, the company also operates investment offices in Boston; Cambridge, Mass.; Los Angeles; and London; - each office is individually focused on a set of products that leverages a specific investment style and dedicated research. Threadneedle Investments, based in London, constitutes Ameriprise's international investment platform. Before joining the company, Truscott was chief investment officer with Zurich Scudder Investments, Americas, and managing director ­ Zurich Scudder Investments. Truscott joined Zurich Scudder in 1992 as a portfolio manager and equity research analyst, focusing on Latin American countries and securities. Prior to Zurich Scudder, Truscott was with Chemical Bank from 1983 to 1992, first as a credit analyst and banking officer covering Asian banks and corporations at Chemical Bank. Later, Truscott joined Chemical's LDC Structured Finance Group, concentrating on the creation and management of Chemical's debt/equity swap portfolio in Latin America. Truscott is on the boards of Threadneedle Investments and Riversource Funds. Truscott earned a bachelor's degree in East Asian studies from Middlebury College and a master's of business administration in Finance from New York University.

Financial planning services and investments offered through Ameriprise Financial Services, Inc., Member FINRA & SIPC. © 2007 Ameriprise Financial, Inc. All rights reserved.

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Microsoft Word - Truscott bio 8-07.doc