Ameriprise Reviews

Updated October 21, 2014
Updated October 21, 2014
575 Reviews
3.3
575 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Ameriprise Chairman & CEO Jim Cracchiolo
Jim Cracchiolo
336 Ratings

Review Highlights

Pros
  • Wonderful person who values work-life balance and wants to compensate me fairly (in 38 reviews)

  • Great place to begin a career in financial planning because of the base salary (in 29 reviews)


Cons
  • Work-life balance could be improved by moving afternoon shifts to morning (in 21 reviews)

  • You will have to work long hours to meet the goals set for you (in 19 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1. 1 person found this helpful  

    Can be a good place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Business Analyst in Minneapolis, MN
    Former Employee - Senior Business Analyst in Minneapolis, MN

    I worked at Ameriprise full-time (more than 10 years)

    Pros

    Competitive pay and benefits. Relatively good corporate culture.

    Cons

    No meritocracy, unfriendly to older workers, tough to find a good leader

    Advice to ManagementAdvice

    Move the bad leaders out of people leadership positions.

    Walk the talk on work/life balance.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    A great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Operations Manager in Albany, NY
    Former Employee - Senior Operations Manager in Albany, NY

    I worked at Ameriprise full-time (more than 10 years)

    Pros

    A multifaceted environment that allows for learning many different things.

    Cons

    Juggling expenses and cost savings with staffing and productivity needs.

    Advice to ManagementAdvice

    Decision-making takes longer than needed and the rationale for certain tasks directed do not always make sense.

    Recommends
    Positive Outlook
    Approves of CEO
  3. 1 person found this helpful  

    Ameriprise: Hitting Its Stride Nicely

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Corporate RP II in Minneapolis, MN
    Current Employee - Corporate RP II in Minneapolis, MN

    I have been working at Ameriprise full-time (more than 10 years)

    Pros

    I've worked for the company for 15 years in the Home Office. Most of my direct leaders (over a dozen of them by now) have been very good, and all have been reasonable to work for. My positions have afforded me good work/life balance and typically a 40-45 hour week, occasionally 50 hours. Corporate culture is excellent I'd say, with a heavy focus on volunteering/contributing to charitable organizations. Various employee groups/clubs feed employee interests and build a sense of community. The best part is the excellent senior leaders (no this is not a paid review-really). Since Ameriprise spun off from American Express 6 years ago, I have never had more confidence in the company, its direction, or its senior leadership. (I work a professional, but non-leadership job.) The company continues to execute very well against its strategy and leaders are hard working, thoughtful and anxious to make Ameriprise successful and a great place to work. I have met a lot of friends here over the years and feel comfortable that there is a job here for me for many years if I want it and keep working hard. That's a great feeling.

    Cons

    It's a large corporation and sometimes the focus of work can be very tight. There are many roles and functions and many can be interesting and challenging while others are much less so. You reap what you sow and what your skills and abilities allow for, I suppose.

    Advice to ManagementAdvice

    Mostly small improvements/changes that I recommend to my direct leaders to help the company be successful. Senior leader management/execution is so strong over the past five or six years that I just do my best to stay out of the way and let them work.

    Recommends
    Positive Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review
  5.  

    Nice supportive people and relaxed professional environment.

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Ameriprise as an intern

    Pros

    Very flexible work life and more laid back environment than other cut-throat firms. Gained a lot of experienced and knowledge while working there.

    Cons

    A lot of long annoying company training on company regulations, many of the things were common sense. I realize the need for it, but it could be condensed and streamlined.

    Advice to ManagementAdvice

    At my position, my hours would change week to week depending on what is needed for clients. It would have been nicer to have a more stable work schedule.

    Recommends
  6.  

    Working at Ameriprise has been an excellent learning opportunity.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Intern in Boston, MA
    Current Employee - Intern in Boston, MA

    I have been working at Ameriprise as an intern (more than an year)

    Pros

    This internship is usually help by someone looking into joining the financial planning or a related field. The full time staff and managers all understand this and have given me their time, advice, and support throughout this internship.

    Cons

    This was a rather competitive work environment. While the competition is making me a better employee, it also allows for pockets of stress during the work day.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Great Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Ameriprise

    Pros

    Flex time
    Nice co-workers
    Great benefits
    Company Values
    Work-life balance

    Cons

    They dont give promotions, even if you work your butt off to get them

    Recommends
    Positive Outlook
    Approves of CEO
  8. 2 people found this helpful  

    Great place for those who are content to settle.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Ameriprise

    Pros

    Decent salary, benefits, and PTO.

    Cons

    Way too political and Minnesota passive-aggressive

  9. 1 person found this helpful  

    Great Company and Opportunity. Management must improve Division's direction.

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

    I worked at Ameriprise full-time (more than an year)

    Pros

    - Great place to work if you are starting out in the business.
    - Provided all new employees with continuous training. (Heard it has changed from colleagues who are still there, 10/14)
    - Co-workers worked hard to achieve their goals, and were helpful when you experienced difficulties.
    - Many opportunities to work in different parts of the company, if you choose to.

    Cons

    Want to state that this is not a Branch office. This was an inside sales job in the corporate building. Keep that in mind when reading about my experience:
    - Too much turnover.
    - People were leaving or being let go, quicker than hiring allowed.
    - Quality of advice may have suffered because of that, which hurt brand's reputation.
    - Payouts do not reflect that of industry
    -

    Advice to ManagementAdvice

    - Stop changing the team structure.
    - Keep your best advisors happy so that they stay.
    - No need to have so many advisors. Better have 3 lions, than 50 sheep.

    Negative Outlook
    No opinion of CEO
  10. 1 person found this helpful  

    Stagnant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Corporate
    Current Employee - Corporate

    I have been working at Ameriprise full-time

    Pros

    Lots of good, smart people scattered through the company who care about the clients and the firm

    Cons

    Operating model is antiquated. No support for innovation or growth. Csuite involved in every little decision. Marketing used to be great, now it reports to finance and is only seen as an opportunity to cut not an engine to grow. Leaders spend all their time focused on beating each other, none thinking about beating the competition. Some departments can be tough for women.

    Advice to ManagementAdvice

    Think beyond the next quarter. Things are changing very quickly. Stop pitting departments against one another and start focusing on how we can beat the competition. Hire a CMO.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11.  

    OK experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate Financial Advisor
    Former Employee - Associate Financial Advisor

    I worked at Ameriprise full-time (more than an year)

    Pros

    They provide you with a wide variety of tools to work with and gain experience using. Wide range of products and services are offered to clients.

    Cons

    Not very supportive for someone who is young and trying to start off as a Financial Advisor. They focus more on the established advisor.

    Advice to ManagementAdvice

    Provide more support to younger employees who want a career as a Financial Advisor

Work at Ameriprise? Share Your Experiences

Ameriprise

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.