Ameriprise

  www.ameriprise.com
  www.ameriprise.com

Ameriprise Reviews

Updated December 17, 2014
Updated December 17, 2014
587 Reviews
3.3
587 Reviews
Rating Trends

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

Review Highlights

Pros
  • Wonderful person who values work-life balance and wants to compensate me fairly (in 39 reviews)

  • Great place to begin a career in financial planning because of the base salary (in 31 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.  

    Ameriprise Financial

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

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

    Pros

    Fast paced environment.
    Travel often doing sales presentations and some one on one meetings.
    Lots of Autonomy to drive your results to hit company goals initiatives
    Focused on the client

    Cons

    Not a common role in the industry so hard to explain to people from the outside.
    Low Compensation relative to similar positions
    You can't ever be doing enough to do a good job
    Rules, Regulations and vision continue to change every three years.

    Advice to ManagementAdvice

    Too many levels of leadership to make quick effective change.
    Too many different people to report to.

    Positive Outlook
  2.  

    Good Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Regional Sales Manager in Minneapolis, MN
    Current Employee - Regional Sales Manager in Minneapolis, MN

    I have been working at Ameriprise

    Pros

    Great training and industry experience

    Cons

    Can be difficult to balance objectives

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Solid company

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

    I have been working at Ameriprise (more than 8 years)

    Pros

    Benefits and salary are good. Hardly lay off.

    Cons

    Too conservative to performance manage out the bad talent.

    Advice to ManagementAdvice

    Doing a great job overall. Happy that the company is strong.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Registered Staff for Franchisee (Paraplanner)

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Paraplanner in San Francisco, CA
    Current Employee - Paraplanner in San Francisco, CA

    I have been working at Ameriprise full-time (more than 3 years)

    Pros

    Don't have to deal with a sterile corporate culture, lot's of flexibility. Financial planning is at the core of what we do so I feel like we are aligned with the clients best interest and not here to merely make money off pushing product that may not be in the clients best interest. Good place to get experience, good place to be a lead/franchise advisor. High payouts

    Cons

    Health benefits are not mandatory with franchise owners, I currently pay for all my own health benefits. All franchise owners are different but they are essentially small business owners and can run their practice how ever they want. Ameriprise, on the franchise and corporate side, as a whole pays their staff less than average compared to other firms. This came straight from one of the Ameriprise leaders at a top performers conference in La Quinta.
    Hard to grow to an advisor role from registered staff, in general advisors want to hire experienced advisors with a small book of business. For that reason I'm leaving to be an advisor at another firm (Schwab). Offer already accepted,

    Advice to ManagementAdvice

    Allow staff to progress if they earn it and dont think you're saving money by not allowing a paraplanner, with a CFP, to move to a junior advisor role. You're going to lose your talented staff and it will cost way more to hire a replacement and train them. Current franchise advisor is a great advisor, just not the best business owner/manager of people.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Good place to Grow

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

    I worked at Ameriprise as an intern (less than an year)

    Pros

    It was great learning a new thing every single day of going in. I learned tools of the trade in an internship that most others don't get to learn until they work full time.

    Cons

    Sometimes it gets monotonous since you are working with the boss and he has his own work to finish before getting to you.

    Recommends
    No opinion of CEO
  7.  

    Good 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 (more than 8 years)

    Pros

    Good company values, focus on financial planning and putting clients first.

    Cons

    Technology has been lagging but improving recently

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Is going to be very office specific but my person experience was wonderful

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern in Burlington, NC
    Former Employee - Intern in Burlington, NC

    I worked at Ameriprise part-time (less than an year)

    Pros

    There is a a lot of flexibility to make of it what you want to. The people your working with really make the experience. I was lucky enough to work with a small team of intelligent, hard working professionals and respected each other and communicated well.

    Cons

    The technology and support from headquarters could use a lot of improvement. Often updates, software bugs and other issues would be the biggest hindrance to productivity.

    Advice to ManagementAdvice

    Focus on technological improvement and supporting your advisers and you will do far.

    Recommends
    Positive Outlook
    No opinion of CEO
  9.  

    Ameriprise

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Ameriprise full-time

    Pros

    Emphasis on development and learning

    Cons

    some leaders are not good people leaders

  10.  

    Great Company!

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

    I worked at Ameriprise full-time (more than 5 years)

    Pros

    After 16 month commitment employees can look for promotions within company. Great career growth

    Cons

    I do not have anything negative

    Recommends
    Approves of CEO
  11.  

    Intern at Ameriprise Financial

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Planning Intern in Los Angeles, CA
    Current Employee - Financial Planning Intern in Los Angeles, CA

    I have been working at Ameriprise as an intern (more than 5 years)

    Pros

    Great work environment, very flexible hours, very friendly employees

    Cons

    pay is a little low, no leadership opportunities, mostly admin work

    Advice to ManagementAdvice

    have more learning opportunities and career advancement opportunities, better pay

    Neutral Outlook
    No opinion of CEO

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