Ameriprise Associate Financial Advisor Reviews | Glassdoor

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Ameriprise Financial Advisor Associate Reviews

Updated Dec 28, 2018

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Found 26 reviews

4.6
StarStarStarStarStar
Rating TrendsRating Trends
96%
Recommend to a Friend
95%
Approve of CEO
Ameriprise CEO Jim Cracchiolo
Jim Cracchiolo
17 Ratings
  1. "Associate Financial Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Financial Advisor Associate in New Brunswick, NJ
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Flexibility and wages. Good bonuses when working for a private office.

    Cons

    Long hours and high expectations. Staff should get paid more for work their higher expectations towards quality of work.

    Ameriprise2018-12-28
  2. "Associate Financial Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Associate Financial Advisor in Columbus, OH
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Ameriprise

    Pros

    None. I wasted my time here. So glad I moved on.

    Cons

    No training at all. No support in franchise or at the home office. Over complicated systems that hampers processing of business. Home office employees are over burdened and management just want to protect their jobs and not offer the best for their customers.

    Ameriprise2017-01-01
  3. "Associate Financial Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Associate Financial Advisor 
    Positive Outlook

    I worked at Ameriprise full-time for more than 3 years

    Pros

    Company has loads of resources at your disposal. Recognizable name. Good advertising.

    Cons

    Can be cumbersome to work with Ameriprise's call center

    Ameriprise2016-11-18
  4. Helpful (1)

    "Associate Financial Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate Financial Advisor in Roslyn, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Ameriprise full-time for less than a year

    Pros

    Flexibility, good atmosphere. Nice work culture. there is no ceiling on how well you can do. Commission structure plus minor salary if in the right office

    Cons

    nobody like Cold Calling, Sales and prospecting for high net worth individuals can be tough. not much prospecting sales support.

    Ameriprise2016-10-25
  5. Helpful (2)

    "Associate Financial Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Associate Financial Advisor 
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Ameriprise

    Pros

    Working as an AFA means working for a franchisee so the experience will be different depending on the advisor you work for. In my experience, the company has done an amazing job from the time it became an independent firm spun-off American Express. The firm has been expanding the product options, improving technology and started to expand into higher net worth clients. Since you work with a franchisee the atmosphere...

    Show More

    Cons

    You are working for a small franchisee group so you don't have access to "HR", or a benefits department, or a structure that would make it easier to understand who is in charge of what. You will wear many hats but as long as you like it it's a great place to work at.

    Advice to Management

    N/A

    Ameriprise2016-08-24
  6. "Expensive but good training"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate Financial Advisor in Dallas, TX
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Ameriprise full-time

    Pros

    Ameriprise prides itself on financial planning and has good support.

    Cons

    Ameriprise is really expensive for the Advisor and mutual fund companies.

    Advice to Management

    None.

    Ameriprise2016-09-02
  7. "Advisor Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Financial Advisor Associate in Madison, WI
    Approves of CEO

    I worked at Ameriprise full-time for more than 3 years

    Pros

    Flexible schedule, autonomy. great advisory experience

    Cons

    Low pay, long hours, low benefits

    Ameriprise2016-02-02
  8. "Financial Advisor"

    StarStarStarStarStar
      Current Employee - Associate Financial Advisor in Hudson, WI
      Recommends
      Positive Outlook

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

      Pros

      Great company with lots of opportunity.

      Cons

      Tough to get started as a financial advisor.

      Ameriprise2016-01-19
    • "Financial Advisor"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Current Employee - Associate Financial Advisor in Los Angeles, CA
      Recommends
      Positive Outlook
      Approves of CEO

      I have been working at Ameriprise

      Pros

      job security in a growing, high demand field.

      Cons

      Later hours do not accommodate for young kids at home

      Advice to Management

      Need to allow for more advisor communication to discover best practicesz

      Ameriprise2015-07-24
    • "Positive experience"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Compensation and Benefits
      • Senior Management
      Former Employee - Associate Financial Advisor in New Haven, CT
      Recommends
      Positive Outlook
      No opinion of CEO

      I worked at Ameriprise full-time for less than a year

      Pros

      Advisors are given a ton of support and all the tools to be successful. Plenty of professional development opportunities. Strong name in financial world.

      Cons

      A lot of rules and regulations from corporate. Have to work with companies that are approved by Ameriprise, which can sometimes be frustrating.

      Advice to Management

      Develop relationships with majority of companies in the financial world. Give advisors with years of experience discretion to make moves on their own.

      Ameriprise2015-05-12
    Found 26 reviews