#ameriprise

Ameriprise advisors ripping people off?

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Ameriprise advisors ripping people off? I’ve been assisting a friend go over their Ameriprise brokerage account and Roth IRA that she pays one of their advisors to manage. Wondering why any sane advisor would invest a client’s money in an underachieving fund with high fees and a 5+% load. I started researching the Columbia Capital funds that the Ameriprise advisor put her in. I shoul…

Reddit Personal Finance 409 2024-11-05

Ameriprise won’t provide a written plan, has to meet – why?

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Ameriprise won’t provide a written plan, has to meet – why? My FIL died last month. He unfortunately had ameriprise for everything. We need to move IRA’s… to MIL. MIL has dementia, my wife has POA. I know he also has annuity and some weird structured note. We asked ameriprise FA for a written plan of what they have and options, so we can review. Ameriprise FA keeps saying, no she needs to meet with us …

Reddit Personal Finance 542 2024-05-28

Ameriprise financial advisor/planner fee fair?

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Ameriprise financial advisor/planner fee fair? Hi everyone! A family member of mine has an advisor with Ameriprise. Said advisor is charging $1K per year. She is managing about 70K. Is that fair? From my experience, industry standard can be about 0.5% – 1.0%. What should I do to help? Thanks in advance! submitted by /u/AreWeThereYeti007

Reddit Personal Finance 241 2023-07-18

Ameriprise has dragged its feet giving me my inheritance for 2 months, and now I’m an Ameriprise client against my wishes

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Ameriprise has dragged its feet giving me my inheritance for 2 months, and now I’m an Ameriprise client against my wishes I’m not sure how to proceed with this. My dad died in November, and I called his financial advisor in February to get the ball rolling on splitting up his assets between my brother and I. I wasn’t in a big rush, but i got most of the paperwork in by the end of March, and his financial advisor told me in May that we were just waiting for the sta…

Reddit Personal Finance 113 2023-07-15