Ameriprise

www.ameriprise.com
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Ameriprise Reviews

Updated February 27, 2015
Updated February 27, 2015
636 Reviews
3.8
636 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Ameriprise Chairman & CEO Jim Cracchiolo
Jim Cracchiolo
363 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.  

    Great place to learn

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Assistant in Miami, FL
    Former Employee - Financial Assistant in Miami, FL

    I worked at Ameriprise part-time (more than a year)

    Pros

    Anyone interested in the world of finance should start here. You can be sponsored here for all brokerage licenses and move up fairly quickly.

    Cons

    Office culture can be pretty serious at times depending on the advisor you work with. All in all, no complaints. Pretty easy going.

    Advice to ManagementAdvice

    I'd like to see this company allow employees a greater means for creativity. Finance seems to be a bit rigid and cold at times.

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Political Nightmare

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

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

    Pros

    Decent pay, great benefits, generous vacation policy, good bonuses (as long as the stock market is doing well). Located downtown Mpls., a good place to be if you just want to "exist".

    Cons

    Corporate Nepotism, poor leadership - micromanagement all the way up to the Executive Leadership Team , fear culture, chest beating rewarded, "you're lucky to work here" mantra, promotion of mediocrity, risk taking not encouraged, significant glass ceiling

    Advice to ManagementAdvice

    You have jewels for employees but it's clear you do not understand what it's like to actually work at the company. The culture is abysmal and the leaders drive a culture of fear that makes it a good place to leave. Every employee I know well is looking for a job. The problem is your leaders. The behavior that is rewarded continues to drive the culture and nothing is ever done to hold leaders accountable for the culture they create. This used to be a great company and now it's a death march. Open your eyes and understand what is really going on.

    Doesn't Recommend
    Neutral Outlook
  3.  

    Don't drink the Koolaide

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

    I worked at Ameriprise full-time (more than 3 years)

    Pros

    If you are willing to put in time and effort; you can rise quickly or at the very minimum move laterally internally to many other positions.

    Cons

    The claim to value culture and employee development, however I found that it a constant game of patting yourself on your back and demanding more money.

    Advice to ManagementAdvice

    Care about your employees

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Solid organization in Corporate American

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

    I worked at Ameriprise full-time (more than 3 years)

    Pros

    Competitive salary, excellent facilities/equipment, on-the-job training, recognition for excellent work, many great people to work with, received bonus each year plus review with pay increase.

    Cons

    It's still Corporate America where politics are part of the game and image prevails over performance - though I really believe it depends on your individual unit and management. My boss's boss was a total moron and made work life for those under him very stressful.

    Recommends
    Approves of CEO
  6. 1 person found this helpful  

    Great place to work, unless you have an HR issue.

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

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

    Pros

    Good enough culture
    Good opportunity for advancement

    Cons

    Low pay relative to competitors
    If you're involved in project work prepare for LONG hours.
    HR is a nightmare - The company is pretty good unless you need to contact Employee Relations for being mistreated. They will quickly go to work to protect the company and turn everything around on you. I know several people who have been pushed out and even fired after asking for help. If your boss is mistreating you just quietly find a new job and you should be fine.
    Rating system, which determines merit increases and bonuses, is mostly a gauge of how much your boss likes you.
    DO WHATEVER IT TAKES TO KEEP YOUR BOSS ON YOUR SIDE.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7.  

    Great culture, demanding work.

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

    I have been working at Ameriprise full-time (more than a year)

    Pros

    Competitive Salary
    Great Benefits
    Good Culture
    Development Opportunities
    Time-Off Policies
    Company Values
    Clear Vertical Movement Opportunities
    Easy Horizontal Movement (Usually after 18 month commitment)

    Cons

    Highly Structured Environment (Could be a Pro for some)
    Rigid Schedule

    Advice to ManagementAdvice

    Ensure you are paying close attention to your employee's feedback. While feedback is generally heard, it often has to reach a dull roar within a department to get action taken. Show you are being proactive in accepting employee feedback by seeking out more data on small complaints, grievances, requests, and ideas without having to wait for nearly the entire team/department to want something before finally giving in and reviewing the request.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Great Company

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Ameriprise

    Pros

    Good corporate culture. Great office to work in.

    Cons

    There are no cons to report

  9.  

    OK

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

    I worked at Ameriprise

    Pros

    Good training programs for advisors

    Cons

    Too many egos to deal with

    Doesn't Recommend
    No opinion of CEO
  10.  

    Field office support staff.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Registered Sales Associate in Charlotte, NC
    Former Employee - Registered Sales Associate in Charlotte, NC

    I worked at Ameriprise full-time (more than 8 years)

    Pros

    Great company to work for. Excellent benefits.

    Cons

    Not much career growth outside Minneapolis.

    Advice to ManagementAdvice

    improve opportunities for telecommuting work that gets opportunity out into the field.

    Recommends
    Positive Outlook
  11.  

    Intern

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

    I worked at Ameriprise

    Pros

    Your income potential and career growth as a financial planner are in your hands if you are willing to put in the work.

    Cons

    Financial Adviser was not very knowledgeable on investment theory and what are the main drivers of investment returns. He seemed more concerned about selling products than whether the product he was selling was actually a good product for the client.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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