RiverSource Investments Implements Charles River Equity Trading and Compliance Solution

RiverSource Investments
261 Ameriprise Financial Center
Minneapolis, MN 55474

Assets under management:

RiverSource Investments is an Ameriprise Financial company. Ameriprise Financial has more than $428 billion in assets owned, managed and administered.

Fund(s) for which you trade:

RiverSource Funds, institutional accounts, hedge funds and corporate accounts.

Types of products traded:

Common stocks (domestic and international), convertibles, options and futures.

Daily volume in equities:

N/A

Structure of trading department:

The Boston office consists of a head trader, senior trader and trader. The Minneapolis office consists of a head trader, four senior traders, one trader and one trading specialist. The head traders report to the chief administrative officer (CAO).

Previous Positions:

Ameriprise, 21 years; Norwest Bank, three years; Harris Upham/Smith Barney, nine years.

Education:

B.S. from South Dakota State University.

I believe we're going to see more and better technology in the exchanges and buy- and sell-side desks, an increase in trading volume, greater transparency, greater order protection rules, more and better pre-trade and post-trade analysis, more algorithm use, and more buy- and sell-side consolidation.