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1 person found this helpful  

Adviser Training AAC

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

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

Pros

Paid full time and received immediate benefits when studying for Series 7, 63, Life/health licenses.

Great leadership who will do anything in their ability to help you.

Cons

-Cold calling bad leads who have absolutely no interest in talking to you.

-AAC Advisers are known as the "shark tank" to field advisers because they call the leads or (clients that are dumped by other advisers) in order to build a practice from.

Advice to ManagementAdvice

All my interactions with management have been very positive.

Recommends
Positive Outlook
Approves of CEO

577 Other Employee Reviews for Ameriprise (View Most Recent)

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  1. 5 people found this helpful  

    Ameriprise Advisor Center Minneapolis MN

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

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

    Pros

    They pay for your licenses. The trainers do their best to prepare you for trying to work with clients. A stepping stone to a better firm.

    Cons

    Too many to list. Long hours, diminished client base. Toxic management and expectation from them to churn client accounts. Most advisors don't make it past 2 years. The system almost seems designed to get people termed after 18-24 months. The job has continually gotten worse in the two years I have been there. The senior leadership does not seem to understand what is happening in a rather large department of their company.

    Advice to ManagementAdvice

    Create a new system, your current one is broken.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    Lots of Learning

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

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

    Pros

    Emphasis on development and learning, espeically in their Financial Leadership Development Program. Paying for finanical exams and having technical classes are helfpul. They rotate you around which is great.

    Cons

    Hard to move around in the company. There isn't much room for growth (especially at Columbia Managment in Boston). There isn't much focus on paying entry level. The focus is on the sales team. That is where there is growth.

    Advice to ManagementAdvice

    Have more growth opportunities for those outside of sales. Sales team is paid very much and perks go to them. Would be nice to share the love.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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