Glassdoor is your free inside look at Ameriprise reviews and ratings — including employee satisfaction and approval rating for Ameriprise CEO Jim Cracchiolo. All 340 reviews posted anonymously by Ameriprise employees.
74% of the CEO
Jim Cracchiolo
Current Employee – been working at Ameriprise full-time for more than a year
Pros – -Pretty good work/life balance.
-Competitive pay.
-Co-Workers are fantastic.
-Lot of chances to move up within the company.
Cons – -Sometimes role gets tedius.
-Working with other areas of the company is sometimes difficult.
-Rarely, but has happened, hard work and talent is not always rewarded.
Advice to Senior Management – Most of the management is solid, so keep it up. Add some variety to tasks to keep your employees more engaged.
Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company
2013-05-20 06:08 PDT
Former Employee – worked at Ameriprise full-time for more than a year
Pros – Lots of opportunities for growth, fast paced, successful company with a bright future. Great learning ground for anyone looking to get into the financial industry.
Cons – When a company gets this big, it means committees and meetings to discuss the committees. That can be a drag at times.
Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company
2013-05-13 10:19 PDT
Current Employee – been working at Ameriprise full-time for more than a year
Pros – Great benefits, great leaders and great co-workers
Cons – Salary could be more for a registered representative who holds a Series 7 and Seriess 66 licenses as opposed to those who don't hold the license.
Advice to Senior Management – Salary could be more for a registered representative who holds a Series 7 and Seriess 66 licenses as opposed to those who don't hold the license. There should be a highter bonus based on the achievement in receiving these licenses.
Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company
2013-05-07 09:03 PDT
Former Employee – worked at Ameriprise as an intern for less than a year
Pros – Easy internship to obtain
Workers are friendly
Work is manageable
Transparency
Boss is available to talk and accept new ideas
Cons – Not a good ranking company
Salary is not very high
Advice to Senior Management – Management could focus more on teaching the interns better.
Yes, I would recommend this company to a friend
2013-04-29 05:41 PDT
Current Employee – been working at Ameriprise full-time for more than 10 years
Pros – lots of good benefits and opportunities for advancement in a variety of fields. There's a lot of online training available . If you're identified as someone your manager wants to develop, the sky's the limit. There are no qualms about giving selected people more opportunities to advance.
Cons – political, lots of competition and layoffs are a current threat. There's much more pressure lately and it shows in the tension of managers and the atmosphere is much more strained. Much more focus on the numbers and bottom line than there is on the harder to measure qualities like client satisfaction. Advisors seem unhappier - the veterans are paying more and getting less and the newly recruited advisors are finding things aren't exactly as they were told.
Advice to Senior Management – employees used to feel a lot more valued
Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company
2013-05-18 00:19 PDT
Current Employee – been working at Ameriprise
Pros – Well known Company, good to have in your resume
Cons – Very Small Salary, slow promotion
2013-05-11 14:28 PDT
Current Employee – been working at Ameriprise
Pros – It is located in downtown Minneapolis.
Cons – You are constanly micromanaged and bombarded with unreasonable expectations
Advice to Senior Management – Do you a quality interaction with customers or a rushed poorly service interaction because you are more focused on numbers but claim to want quality.?
No, I would not recommend this company to a friend
2013-04-26 13:25 PDT
Former Employee – worked at Ameriprise full-time for more than 10 years
Pros – Competitive pay and benefits. The benefits seem to be above average for Minneapolis, despite gradually eroding year over year. Those who have been with the company for many years have excellent pay and unmatched vacation allotments.
Cons – Extremely politically charged environment. There are political players in many leadership roles delighting themselves in their personal quests for domination. This poisonous layer of upper-middle management tends to sour the people perspective of the whole organization.
Lack of investment in innovation. Talent has been consistently leaving the company in critical technology spaces.
No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company
2013-04-25 07:43 PDT
Current Employee – been working at Ameriprise
Pros – Very supportive or work life balance, hard to get mentorship on lower levels
Cons – Most of the opportunities are in Minneapolis
Advice to Senior Management – Allow more positions to be virtual, offer mentorship and direction to assistants. Many times the advisors don't know what they want if they are lower producing.
Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company
2013-04-17 22:23 PDT
1 person found this helpful
Current Employee – been working at Ameriprise full-time for more than 7 years
Pros – Great pay, good alternative work arrangements - if you land up in the right dept, good benefits.
Cons – Work is stressful at best. Yo-Yo ing of staffing and layoffs is stressful. If you can take stress and thrive, this place has a lot to offer.
Advice to Senior Management – Management is doing what it needs to, to keep shareholders happy. Just not a fun thing for employees.
No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company
2013-03-26 17:28 PDT
Would you like us to review something? Please describe the problem with this {0} and we will look into it.
We're sorry but your feedback didn't make it to the team. Your input is valuable to us – would you mind trying again?
Your response will be removed from the review – this cannot be undone.
Copyright © 2008–2013, Glassdoor. All Rights Reserved. Your use of this service is subject to our Terms of Use and Privacy & Cookies Policy. Glassdoor ® is a registered trademark of Glassdoor, Inc.
Simply post an anonymous review for a current/former employer or recent interview experience. Your post is anonymous – and if you're worried someone will be able to identify your review, you can even post without telling us your job title and location. Learn More.
No thanks – I'll just look around