I am beyond frustrated with this company. My employer gave me 3 options of providers to use for my 401k. 2 of them were Ameriprise advisors. I called all of the options to discuss fee structure to find the least expensive option. I was told that would have to pay $100 per year plus $6 per trade - not great, but the best of my options. After setting up my account having it funded by paycheck withdrawal, I tried to go online to make a trade. My account wouldn't allow it and I had to call in. When I called in they would not allow me to purchase no-load mutual funds, and they told me that the cost to purchase an ETF would be $56! $56 to make a trade in 2022 is highway robbery, and was not what I was told I would be paying when I signed up for my account. I will closing my account and finding another provider, and I will never use Ameriprise or recommend them to anyone. What a scam!
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Ameriprise Financial, Inc. is an American diversified financial services company.