Ameriprise Financial Services, LLC
Assets Under Management
$564.6B
Number of Clients
1,330,280
Number of Advisors
12486
Average Client AUM
$424K
AUM per Advisor
$45.2M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Ameriprise Financial Services sponsors a wrap fee program offering various investment advisory accounts (Advisory Solutions). They offer multiple programs with different features and services to support a wide array of investment strategies. Clients pay an ongoing asset-based fee for these managed accounts. Ameriprise also offers brokerage accounts and selecting the right account type is an important decision.
Fee Structure
Ameriprise Financial Services offers managed accounts with an ongoing asset-based fee. This fee covers investment advisory services. SPS Advisor accounts also have an Investments and Infrastructure Support Fee. Investment costs related to underlying investments are separate. Additional transaction-related fees may also apply. The asset-based fee is comprised of an Advisory Fee, a Platform Fee, and a Manager Fee. AEIS may receive Third Party Payments from investment costs.
Areas of Practice
Location
901 3rd Avenue South, Minneapolis, MN, 55402