Comments on: Ameriprise Careers and Ameriprise Complaints from a Recruiter http://www.flipsideinvest.com/ameriprise-careers-and-ameriprise-complaints-from-a-recruiter/ finance advice for everyday living Wed, 19 Nov 2008 03:51:06 +0000 http://wordpress.org/?v=2.3 By: Underwriter http://www.flipsideinvest.com/ameriprise-careers-and-ameriprise-complaints-from-a-recruiter/#comment-616 Underwriter Tue, 21 Oct 2008 11:03:40 +0000 http://www.flipsideinvest.com/ameriprise-careers-and-ameriprise-complaints-from-a-recruiter/#comment-616 Ameriprise saw my resume online and emailed me for a financial advisor job. I am a laid off mortgage underwriter and it instantly surprised me that they would contact me because I have no other experience in financial services or even a financial degree. With no other job prospects and with their office being only 2 mins away, I agreed to go to their career orientation and could smell the pyramid scheme a mile away. All the red flags are there, mass e-mail, natural marketing, making you give them a so called marketing plan before you are even hired??, and when I asked a simple question like what is the required quota and probation period, I got the run around. One of the reasons why I agreed to go is that I thought they were still owned by American Express but when I got there I found out they spun off on their own (another minus). The presenter said they were getting alot of people from the mortgage industry which 3 out of 4 of us were. I went ahead and took their assessment and I passed. I am scheduled to do the mock phone calls, marketing plan, and interview. I have been trying to convince myself that I can pass the exams, get my licenses, and really help people with their finances, but have been on the fence as to whether or not Ameriprise is a reputable company. I figured I would be able to make that judgement in my face to face interview but really don't want to waste any more time than I have to. Finding this forum has confirmed what I have been suspecting all along but due to my job situation I was doubting myself. After my experience in mortgage I have decided to never be involved with something that does not feel right eventhough the world around seems to think its okay. It seems the only difference between Ameriprise and mortgage companies is that Ameriprise requires its sales people to know how to do math. (You wouldn't believe how many mortgage reps didn't, actually you probably would now.) As for me, I know math and all of this Ameriprise info does not add up! So I will pass... If you are looking for financial advisement and are reading this, consider the recruitment and training process as a sign of quality of service. In my opinion, the best financial advisor is a psychic and the next best is yourself. Do your own research and educate yourself before you entrust someone else. Ameriprise saw my resume online and emailed me for a financial advisor job. I am a laid off mortgage underwriter and it instantly surprised me that they would contact me because I have no other experience in financial services or even a financial degree. With no other job prospects and with their office being only 2 mins away, I agreed to go to their career orientation and could smell the pyramid scheme a mile away. All the red flags are there, mass e-mail, natural marketing, making you give them a so called marketing plan before you are even hired??, and when I asked a simple question like what is the required quota and probation period, I got the run around. One of the reasons why I agreed to go is that I thought they were still owned by American Express but when I got there I found out they spun off on their own (another minus). The presenter said they were getting alot of people from the mortgage industry which 3 out of 4 of us were. I went ahead and took their assessment and I passed. I am scheduled to do the mock phone calls, marketing plan, and interview. I have been trying to convince myself that I can pass the exams, get my licenses, and really help people with their finances, but have been on the fence as to whether or not Ameriprise is a reputable company. I figured I would be able to make that judgement in my face to face interview but really don’t want to waste any more time than I have to. Finding this forum has confirmed what I have been suspecting all along but due to my job situation I was doubting myself. After my experience in mortgage I have decided to never be involved with something that does not feel right eventhough the world around seems to think its okay. It seems the only difference between Ameriprise and mortgage companies is that Ameriprise requires its sales people to know how to do math. (You wouldn’t believe how many mortgage reps didn’t, actually you probably would now.) As for me, I know math and all of this Ameriprise info does not add up! So I will pass…

If you are looking for financial advisement and are reading this, consider the recruitment and training process as a sign of quality of service. In my opinion, the best financial advisor is a psychic and the next best is yourself. Do your own research and educate yourself before you entrust someone else.

]]> By: Live Example of BAD Online Reputation Management http://www.flipsideinvest.com/ameriprise-careers-and-ameriprise-complaints-from-a-recruiter/#comment-613 Live Example of BAD Online Reputation Management Mon, 13 Oct 2008 18:43:47 +0000 http://www.flipsideinvest.com/ameriprise-careers-and-ameriprise-complaints-from-a-recruiter/#comment-613 [...] Advisors and one example comes from this personal finance blog.  The title of the post is Ameriprise Careers and Ameriprise Complaints . Read the post and the comments and see that this is an example of a good discussion with the [...] […] Advisors and one example comes from this personal finance blog.  The title of the post is Ameriprise Careers and Ameriprise Complaints . Read the post and the comments and see that this is an example of a good discussion with the […]

]]> By: FlipSide Invest http://www.flipsideinvest.com/ameriprise-careers-and-ameriprise-complaints-from-a-recruiter/#comment-612 FlipSide Invest Mon, 13 Oct 2008 18:21:53 +0000 http://www.flipsideinvest.com/ameriprise-careers-and-ameriprise-complaints-from-a-recruiter/#comment-612 NOTE ABOVE COMMENT IS WHAT WE CALL REPUTATION MANAGEMENT If you read this comment carefully you can see that it was NOT written by a legitimate financial advisor. It was written by a paid service and approved by legal/corporate of Ameriprise. Also, another comment on why financial advisors are pieces of crap. The economy is in the tubes because of people like this who pushed mortgages on folks who couldn't afford them in the long run. They collect the commissions and tell themselves they are helping someone own a home, at the same time they ignore the fact that they sold someone something they won't be able to afford. NOTE ABOVE COMMENT IS WHAT WE CALL REPUTATION MANAGEMENT

If you read this comment carefully you can see that it was NOT written by a legitimate financial advisor. It was written by a paid service and approved by legal/corporate of Ameriprise.

Also, another comment on why financial advisors are pieces of crap. The economy is in the tubes because of people like this who pushed mortgages on folks who couldn’t afford them in the long run. They collect the commissions and tell themselves they are helping someone own a home, at the same time they ignore the fact that they sold someone something they won’t be able to afford.

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