We invested with Ameriprise nearly 3 years ago. We were given reasonable expectations of receiving a 3-5% a year of gains hoping our money would grow. We were given detailed historical data and lectures about the market. Our overall experience has been a disaster. Our entire time being invested, our portfolio has NEVER made a single dollar of positive gains. Not a single dollar. In 2022, we lost 25% of our worth. Our investments have struggled to recover and still have not broke even and are still down. All of their predictions have been dead wrong. Despite abysmal performance, Ameriprise is quick to collect our fees (we’ve paid nearly $9,000 to lose money). Be extremely cautious before you invest with them. Do not believe the hype or the predictions they tell you. The economy and stock market are extremely volatile and unpredictable. Ameriprise has no idea how to make money in today’s market.
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Ameriprise Financial, Inc. is an American diversified financial services company.