Ameriprise – “Growing company trying to find its way”

Pros

Unlimited upside potential, new hires are given substantial training and are strongly encouraged to look at a client's entire portfolio and lifelong goals.

Cons

initial training is too concentrated on financial planning and frighteningly little about individual securities and how they function. If you are new to the industry, don't expect to start your business in any way other than the company sees fit.

Advice to Senior Management

Continue to train new hires with a strong focus on overall financial planning, but remember that high net worth clients need their advisors to understand what is in their portfolios...