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

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Way better than working for a bank! AAC Minneapolis, MN.

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

I worked at Ameriprise full-time (More than a year)

Recommends
Neutral Outlook
No opinion of CEO
Recommends
Neutral Outlook
No opinion of CEO

Pros

Good compensation. Great coworkers. Very good manager who actually cared about his team. You can sell whatever you think is best for clients. Base salary. Leads were pretty good when I started.

Cons

Work life balance is pretty bad, late nights and long hours. Technology is terrible, so bad that its not worth complaining about, you have sales to make. The leads are now terrible, these people have been called weekly for 1.5 years by someone different every week. A few unethical Advisors and Managers.

Advice to Management

Stop Hiring and shrink the dept to 150-200 Advisors.

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  1. Helpful (2)

    I worked for the brokerage operations department as a employee stock option trader.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Securities Services Trader in Minneapolis, MN (US)
    Former Employee - Securities Services Trader in Minneapolis, MN (US)

    I worked at Ameriprise full-time (More than 3 years)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Good ground floor opportunity for office work and the securities industry while studying in school.

    Cons

    Very hard to advance within the company. Pretty uninspired staff. Most people are just punching a clock.

  2. Helpful (2)

    I was a former HRBFA advisor and we were purchased by Ameriprise

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President in Farmington Hills, MI (US)
    Former Employee - Vice President in Farmington Hills, MI (US)

    I worked at Ameriprise full-time (More than 3 years)

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    The payout is good in releation to similar production levels at wire houses

    Cons

    Compliance is very strict. They do not want you to trade stocks they do not cover or reccommend options. The firm has a case number for everything, and does not comprehend that an error is a timely situation.

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

See Most Recent

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