Ameriprise - Good, solid company, not much upward mobility | Glassdoor
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There are newer employer reviews for Ameriprise

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"Good, solid company, not much upward mobility"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Financial Analyst in Charlotte, NC
Current Employee - Financial Analyst in Charlotte, NC
Recommends
Positive Outlook
Approves of CEO

I have been working at Ameriprise full-time (More than 5 years)

Pros

Strong company with excellent values and strong financials, good work environment if you are working with the right advisor, good opportunity if you're on the advisory career track

Cons

very little upward mobility if you're not on the advisory track. Depending on the situation, salaries can be very low, and often with little to offer when it comes to benefits.

Other Employee Reviews for Ameriprise

  1. Helpful (7)

    "Ameriprise Advisor Center Minneapolis MN"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Minneapolis, MN
    Current Employee - Financial Advisor in Minneapolis, MN
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    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 Management

    Create a new system, your current one is broken.


  2. Helpful (1)

    "Adviser Training AAC"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in Minneapolis, MN
    Former Employee - Financial Advisor in Minneapolis, MN
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Ameriprise full-time (Less than a 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 Management

    All my interactions with management have been very positive.

There are newer employer reviews for Ameriprise
There are newer employer reviews for Ameriprise

See Most Recent

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