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Ameriprise Financial

With over 100 years of experience, Minneapolis-based Ameriprise Financial boasts one of the nation's largest network of direct and independent fee-based financial advisors. Formerly American Express Financial Advisors, Ameriprise was spun out in 2005. The company owns the RiverSource Investments mutual-fund family. Through subsidiaries and affiliations, Ameriprise also offers insurance products, retirement planning and consumer real estate lending products such as mortgage and home equity.

Top Products From Ameriprise Financial

Ameriprise Financial Logo

Credit Cards

5.0 2 Reviews

You can apply for three different kinds of MasterCard credit cards and two different kinds of American Express cards at Ameriprise. All of the card options offer perks and rewards.

Ameriprise Financial Logo

Annuities

5.0 1 Review

You can buy annuity products from RiverSource through Ameriprise. A range of products are available, including fixed annuities that protect your principle and offer a guaranteed interest rate. Variable…

Ameriprise Financial Logo

Car Insurance

4.0 2 Reviews

Ameriprise offers automobile insurance, and responsible drivers may qualify for low rates. You can get a free quote on the company's Web site.

Ameriprise Financial Logo

Home Insurance

4.0 1 Review

Ameriprise offers home insurance, and you get a free quote on the company's Web site. Ameriprise also has a feature that allows you to update your policy online.

Ameriprise Financial Reviews

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rathernotwithameriprise
Newcomer
1.0

I was not happy at all with Ameriprise. The adviser would call me in to meet with him, and drone on with boring conversation -- mere chit-chat to waste time. I didn't even realize I was being charged for a financial planning consultation, all the while getting no information and being bored by uninteresting conversation about life in general.

Furthermore, the amount of fees and "contract charges" that were deducted from my account were never explained, seemed arbitrary, and far exceeded what some interest or profit I made on the investments in which my money was placed. I am leaving them. I feel a bit like I've been scammed. I NOT work with Ameriprise.

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Bob C
FiLifer
Bob C said
3.0

I have used them for financial planning and insurance. The financial planning is not acceptable for me - I want information that is online and everything they gave me was print.
The home insurance however is pretty great. The rates are low and the customer service outstanding.

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darag
Newcomer
darag said
5.0

Ameriprise does offer the largest network of financial advisors in the country. That said, there are going to be good and bad advisors in that group, surely. Ameriprise has done a great deal in training and investments in their advisor force in the last few years. I think the old practices of selling your own brand has gone out the door several years back, especially with tighter regulatory "watch-dogging."

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Roger
FiLifer
Roger said
1.0

I used Ameriprise for financial planning for two years when I was in school. I hired Ameriprise because I didn't have time to manage my investments myself.

My experience was extremely poor. After I graduated, I audited all the accounts my advisor put me in. I was in mostly Ameriprise institutional funds that were one-star-rated by morningstar!

I asked my financial advisor why he put me in such low quality funds to which he had no good reply (how could he?). Needless to say, I closed my account and took it to Fidelity.

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