Associate Financial Advisors give their job an average rating of 3.5 out of 5.0. The Associate Financial Advisors happiest with their jobs are employed by Morgan Stanley with an average rating of 3.9 while the Associate Financial Advisors least happy with their jobs work for Northwestern Mutual with an average rating of 3.3.
Submit a ReviewWhat do you like about working at Ameriprise Financial?
"Stability. Moderate Pay. Moderate Prestige. Convenient Location. I am able to use mass transit to commute."
Do you have any tips for others interviewing with this company?
"This business is for people who can sell. If that is not you, then you should find something else."
What don't you like about working at Ameriprise Financial?
"Very little hope of advancement if you are not sales oriented."
What suggestions do you have for management?
"I would hire additional staff and place more emphasis on growth."
Please give us a one liner to describe this review.
"I enjoyed my time at Valic."
What do you like about working at Chase?
"The company has a solid reputation, and if you don't have a current book of clients, the bank channel provides a captive audience. The product mix is decent with a big push by management to do A-shares and annuities. They have a good managed money platform but most of the clients are savers and very unsophisticated. Fixed annuities and conservative funds are almost all I can sell. As for Chase, great name, benefits and platform."
Do you have any tips for others interviewing with this company?
"If you have a current book of business go somewhere else. If you are starting over then you can't go wrong. They want at least 3 years talent and expect them to be excited over 25% payout."
What don't you like about working at Chase?
"The comp structure leaves a lot to be desired. The current comp plan for new FAs (2011) is $24k salary year one and drops to $12k year two with a whopping 25% payout."
What suggestions do you have for management?
"More support and less micro-management. Also let adisors network outside of the bank. CPAs and Estate Attys work with a lot of wealth people."
Please give us a one liner to describe this review.
"Learning experience."
What do you like about working at Ameriprise Financial?
"Constant interaction with clients, helping clients out with financial issues."
What don't you like about working at Ameriprise Financial?
"The micromanagement style, and aggressive selling techniques they try to implement."
Please give us a one liner to describe this review.
"Not for me."
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