Management at Ameriprise
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I am considering a non-FA position with Ameriprise. The role involves supporting the franchisee group's client acquisition efforts, and does not involve acting as an FA.
I have read some of the FA complaints on this board and was wondering if anyone has experience working in management at Ameriprise. So far,they seem ambitious, positive and professional. Am I missing something?
It’s a tough gig if you look to go to a more reputable firm. Products and resources are limited compared to many firms out there and you’re often at their mercy when it comes to flexibility.
[quote=BrokerRecruit]It's a tough gig if you look to go to a more reputable firm. Products and resources are limited compared to many firms out there and you're often at their mercy when it comes to flexibility.[/quote]
Are you saying it is hard to move from Ameriprise to a more reputable firm? Are you familiar with the position I am describing?
I’m very familiar with Ameriprise and have some grasp of the position you’re in. Obviously, if you are a great manager, firms will many times overlook where you’re coming from, but AMP is a tough one to move up with, simply because you’re so tied to “their” model. Even with a franchise, you are still under their thumb because of the scorecard.
[quote=BrokerRecruit]I'm very familiar with Ameriprise and have some grasp of the position you're in. Obviously, if you are a great manager, firms will many times overlook where you're coming from, but AMP is a tough one to move up with, simply because you're so tied to "their" model. Even with a franchise, you are still under their thumb because of the scorecard.[/quote]
Thanks...again! i appreciate the insight.
Although...I would not be working for a specific franchise...but rather supporting the P2 platform in my region as a whole. Does this make a difference?
[quote=Lyle]
[quote=BrokerRecruit]I'm very familiar with Ameriprise and have some grasp of the position you're in. Obviously, if you are a great manager, firms will many times overlook where you're coming from, but AMP is a tough one to move up with, simply because you're so tied to "their" model. Even with a franchise, you are still under their thumb because of the scorecard.[/quote]
Thanks...again! i appreciate the insight.
Although...I would not be working for a specific franchise...but rather supporting the P2 platform in my region as a whole. Does this make a difference?
[/quote]
You could probably get hired by another insurance company. You MIGHT have a shot to move up to EdJones, but only if you had really good recommendations.
joe,
what if there was a good referral from someone inside American Funds? Then, couldn't anyone get a job at Jones?
Joe, come on…a book of business is a book of business. An acquaintence of mine went from Amex to Morgan Stanley, which, like MS or not, is a world away from EDJ.
[quote=BankFC]Joe, come on...a book of business is a book of business. An acquaintence of mine went from Amex to Morgan Stanley, which, like MS or not, is a world away from EDJ. [/quote]
lol...I was joking....