Ameriprise Financial Reviews

I gave Ameriprise over 45k 9 years ago. I have made no money in a 9 year span of great returns in the market. They guaranteed 6% per year. They didn't mention they charge 6% per year. This money is locked up with them for 10 years or I pay a penalty. Annuity. The worst investment I ever made.

Steve ** aided my brother after he stole the Family Trust documents, I was the successor of the Trust, He had enough nerve to tell me I wasn't a beneficiary in the Trust, this man cannot be trusted, I was a beneficiary to my mother's death benefits, since the Trust documents were stolen, my brother made himself Trusty..Mr. ** let him collect, lied to me and said she sold her life insurance, I had the paperwork for a year, my brother had no hand in on it, now I wonder how much he got paid for doing this, Steve get ready for an audit..and sad part is, she trusted you, she didn't hire you to do her trust, but you got your nose right in on it..looks like you, Paul and Keeney are buds, you were part of the plan, and you knew about this year's ago, how much was your cut..you're a crook..

I rate them a negative 1... been there over 10 years - made nothing. I am not a risk taker so that was not the issue - poor investing on their part. They charged me $20,000 to watch my money. I would stay far away!!!

Worst company I ever dealt with. I opened an account for a promotion to get additional $500. After they received my money I was informed that my money was not received until after Aug. 30th deadline when in fact my account was all set up and I mailed them check on Aug. 22nd. Then their story changed to my account was missing paperwork (not true as I did ALL the paperwork). Then story changed again that they received the funds without an account # on check and couldn't figure out where to post money. Then all of a sudden the money posted to my account on Sept. 3, just after deadline.

At 65 I retired. I had pension & 401k money coming to me from my employer & already had money invested with Ameriprise. I’m not talking about a lot of money! At the time I was dealing with an Ameriprise “Financial Advisor” whom I was PAYING for his services. When I first started out with Ameriprise I was not happy with my first advisor so I looked around and found this advisor who seemed like he was experienced & who I thought I would be able to trust. For quite a few years he seemed ok. Then came retirement. This guy recommended a 10 year annuity that if I kept all my money in it for 10 years it would give me a lifetime monthly payment. So I asked a lot of questions but as I found out later I didn’t ask the right questions. I did ask a number of times “is there anything else I need to know?”. All I ever heard is that this is the best plan for you.

From dealing with the Tampa office-Simon ** and his assistant Tyler to the Minneapolis office, this company is terrible. They are jerking me around for weeks now with $13,000 that they cannot account for that is missing from my account. Allison ** in the Minneapolis office refuses to help me because my mom passed and she has to protect my mom's privacy. They have made mistake after mistake from the first advisor to all the cast of characters I now have to deal with. PLEASE STAY AWAY FROM AMERIPRISE, THEY ARE ABHORRENT.

John ** is my advisor. He's the most trustworthy person and that's why I would not go anywhere else. He contacts me often to go over my investments. I'm retired and when you can trust someone with your money, stay with them. My mom had John til she passed. My brother lives in VA and still has John as his advisor. Highly Highly recommend him.

Only with this group for one month. Yes I needed to consolidate stocks to one brokerage which they did. Told them my intent to gift to children. Never informed me that if account fell under $500000 all of us would be hit with fees. They demoted this but it’s in their documentation. I transfer to children and I fall under $500000. Transfer to 3 children and each would be under $500000. High fees. This financial service is high fee oriented and not geared toward best advice for client. They tried to talk me into muni bond fund for $500000 at high expense ratio… Ameriprise makes out but client might save some on taxes. Declined as not comfortable. Told me we could do individual muni bonds but would be high fees. Once I decided to cancel advisory account the rep offered I consider a ILIT life insurance survivorship policy which requires an attorney as it sets up an irrevocable trust. No!

These guys are absolute garbage. In 3 years they charged me $10K in fees only to lose money. Never made a SINGLE dollar of gains - just losses. They’re full of excuse, apathy, and terrible predictions.

My parents unfortunately chose Ameriprise many years ago. They were sold an annuity that returned 2% annually for 20 years. This money has obviously lost value as it did not keep up with inflation. They used high pressure tactics to convince my parents they were acting on their behalf. When the children including myself tried to step in manage the money for better returns, we were shunned. Our advisor informed us that was not what the parents wanted. The advisors belittled us and convinced the parents Ameriprise knows best. Ameriprise lied to the parents telling them that any investment that isn't an annuity could lose money. Then Ameriprise sold them (both in the 80's) another annuity. Ameriprise has caused a rift between the parents and all children. So to summarize, high fees, family splitting, low returns and lying about their products. All of this could your be yours with Ameriprise!