Ameriprise

  www.ameriprise.com
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Way better than working for a bank! AAC Minneapolis, MN.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Financial Advisor  in  Minneapolis, MN (US)
Former Employee - Financial Advisor in Minneapolis, MN (US)

Pros

Good compensation. Great coworkers. Very good manager who actually cared about his team. You can sell whatever you think is best for clients. Base salary. Leads were pretty good when I started.

Cons

Work life balance is pretty bad, late nights and long hours. Technology is terrible, so bad that its not worth complaining about, you have sales to make. The leads are now terrible, these people have been called weekly for 1.5 years by someone different every week. A few unethical Advisors and Managers.

Advice to ManagementAdvice

Stop Hiring and shrink the dept to 150-200 Advisors.

Recommends
Neutral Outlook
No opinion of CEO

Other reviews for Ameriprise

  1. 2 people found this helpful  

    I worked for the brokerage operations department as a employee stock option trader.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Securities Services Trader  in  Minneapolis, MN (US)
    Former Employee - Securities Services Trader in Minneapolis, MN (US)

    Pros

    Good ground floor opportunity for office work and the securities industry while studying in school.

    Cons

    Very hard to advance within the company. Pretty uninspired staff. Most people are just punching a clock.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  2. 2 people found this helpful  

    I was a former HRBFA advisor and we were purchased by Ameriprise

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President  in  Farmington Hills, MI (US)
    Former Employee - Vice President in Farmington Hills, MI (US)

    Pros

    The payout is good in releation to similar production levels at wire houses

    Cons

    Compliance is very strict. They do not want you to trade stocks they do not cover or reccommend options. The firm has a case number for everything, and does not comprehend that an error is a timely situation.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
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