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Ameriprise
3.1 of 5 340 reviews
www.ameriprise.com Minneapolis, MN 5000+ Employees
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Ameriprise Reviews

Updated May 20, 2013
All Employees Current Employees Only

3.1 340 reviews

                             

74% Approve of the CEO

Ameriprise Chairman & CEO Jim Cracchiolo

Jim Cracchiolo

(219 ratings)

53% of employees recommend this company to a friend
340 employee reviews
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  • Approves of CEO

 

Minneapolis, MN

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 ManagementMost 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

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Minneapolis, MN

Former Employee – worked at Ameriprise full-time for more than a year

ProsLots of opportunities for growth, fast paced, successful company with a bright future. Great learning ground for anyone looking to get into the financial industry.

ConsWhen 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

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Las Vegas, NV

Current Employee – been working at Ameriprise full-time for more than a year

ProsGreat benefits, great leaders and great co-workers

ConsSalary 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 ManagementSalary 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

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New York, NY

Former Employee – worked at Ameriprise as an intern for less than a year

ProsEasy internship to obtain
Workers are friendly
Work is manageable
Transparency
Boss is available to talk and accept new ideas

ConsNot a good ranking company
Salary is not very high

Advice to Senior ManagementManagement could focus more on teaching the interns better.

Yes, I would recommend this company to a friend

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Minneapolis, MN

Current Employee – been working at Ameriprise full-time for more than 10 years

Proslots 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.

Conspolitical, 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 Managementemployees 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

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Current Employee – been working at Ameriprise

ProsWell known Company, good to have in your resume

ConsVery Small Salary, slow promotion

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Current Employee – been working at Ameriprise

ProsIt is located in downtown Minneapolis.

ConsYou are constanly micromanaged and bombarded with unreasonable expectations

Advice to Senior ManagementDo 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

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Minneapolis, MN

Former Employee – worked at Ameriprise full-time for more than 10 years

ProsCompetitive 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.

ConsExtremely 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

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  • Culture & Values
         
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  • Senior Management
         
  • Approves of CEO

 

Current Employee – been working at Ameriprise

ProsVery supportive or work life balance, hard to get mentorship on lower levels

ConsMost of the opportunities are in Minneapolis

Advice to Senior ManagementAllow 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

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Minneapolis, MN

Current Employee – been working at Ameriprise full-time for more than 7 years

ProsGreat pay, good alternative work arrangements - if you land up in the right dept, good benefits.

ConsWork 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 ManagementManagement 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

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