Ameriprise - Great job since the spin-off | Glassdoor
There are newer employer reviews for Ameriprise
There are newer employer reviews for Ameriprise

See Most Recent

"Great job since the spin-off"

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Director in Minneapolis, MN
Current Employee - Director in Minneapolis, MN
Recommends
Approves of CEO

Pros

The people at Ameriprise are really great. They are knowledgeable subject matter experts in their fields and really try hard to best meet the needs of their business units and the clients they serve. Also, most business areas work well as teams to get the job done.

Also, I think most of the leadership at Ameriprise is excellent. They are doing what needs to be done to remain competetive in financial services by offering a variety of products to meet their clients' and advisors' needs. The first 4-5 years I was there, we didn't launch many new products, but since the leadership took over about five years ago, we've successfully spun off of American Express, launched many new products and acquired new companies like Threadneedle and J.W. Seligman.

Finally, I really like the work-life balance and community involvement that is not only encouraged, but promoted. I'm proud to work for this company.

Cons

Like most companies, there are silos of business units that don't necessarily work towards the best interest of the company as a whole, and have conflicting goals with the rest of the company. For example, our Technology area is filled with bureaucracy that makes getting any technology changes accomplished very time consuming and very expensive. This makes it very challenging to quickly respond to business opportunities that could postively impact the bottom line. It's almost like this organization is competing with the business areas it supports to meet it's goals at the cost of the business units meeting their goals.

Advice to Management

I think you should replace the upper-level Technology leadership with business leaders and align the goals of this area with those of the business units. Contrary to popular belief, you don't need (or want) technology careerists to run the Technology area.

Other Employee Reviews for Ameriprise

  1. "Ameriprise is a good place to work with potential for an even better experience"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Ameriprise Associate in Minneapolis, MN
    Current Employee - Ameriprise Associate in Minneapolis, MN
    Recommends
    Approves of CEO

    Pros

    challenging work and general support to get job done

    Cons

    new company and not organized

    Advice to Management

    Keep building culture but realize the firm is NOT just financial planning. Its only a small piece of the business


  2. Helpful (1)

    "Take off the rose colored glasses and watch your back."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in Minneapolis, MN
    Former Employee - Director in Minneapolis, MN
    Approves of CEO

    Pros

    Minneapolis is a nice town to get around in. There are a number of employee networks you can belong to. The company has a high profile in the community and has projects like Habitat for Humanity that you can be involved in.

    Cons

    Environment can be political. Too much autonomy is individual departments where managers can take advantage of employees without protocol or process.

    Advice to Management

    Senior management is awesome, approachable and genuine. Middle management needs to learn how to be more transparent and fair. Experimental roles and initiatives need greater structure and precedence.

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

See Most Recent

Work at Ameriprise? Share Your Experiences

Ameriprise
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or