Ameriprise Financial Introduces Custom Advisory Relationship Program to Help Clients Manage Their Wealth & Achieve Their Fina...
November 06 2019 - 10:00AM
Business Wire
Ameriprise Financial, Inc. (NYSE: AMP) today announced the
national launch of the Ameriprise® Custom Advisory Relationship, an
enhanced advisory program with streamlined client agreements,
integrated technology, and easy-to-follow monthly billing.
“The foundation of wealth management is an ongoing, trusted
relationship between a client and advisor,” said Greg Nordmeyer,
head of wealth management solutions at Ameriprise. “With the
introduction of our new Custom Advisory Relationship program, our
various advisory strategies work together on one technology
platform and provide Ameriprise advisors more flexibility to
deliver personalized investments and an enhanced client
experience.”
The Custom Advisory Relationship provides a more
unified approach and greater access to all Ameriprise advisory
programs. The new platform requires clients to sign only one
advisory agreement — a key benefit that provides more flexibility
and efficiency for advisors to quickly adjust investment strategies
specific to their clients’ needs.
Integrated technology offers convenient access to account
information, market research and investment performance. The
Custom Advisory Relationship is integrated into the firm’s
technology platform and uses streamlined workflows across all
advisory programs. With technology doing more of the
behind-the-scenes work for them, Ameriprise advisors can spend more
time discussing goals, reviewing investment preferences and
providing ongoing advice to their clients.
Clarity on pricing and an easy-to-follow monthly billing
schedule help clients track what they’re paying and when. The
Custom Advisory Relationship offers a single pricing structure that
provides more granularity on asset-based fees by itemizing
advisory, manager and platform fees. And a new monthly billing
schedule offers a consistent way for clients to see what they’re
paying and when. In addition, Ameriprise now charges advisory fees
based on the total assets held across all advisory accounts in a
household, ensuring clients are eligible for billing breakpoints
based on the total value of their combined advisory accounts.
About Ameriprise Financial
At Ameriprise Financial, we have been helping people feel
confident about their financial future for more than 125 years.
With extensive asset management, advisory and insurance
capabilities and a nationwide network of approximately 10,000
financial advisors, we have the strength and expertise to serve the
full range of individual and institutional investors' financial
needs. For more information, or to find an Ameriprise financial
advisor, visit ameriprise.com.
Clients should review the Ameriprise® Financial Planning Service
Client Disclosure Brochure or, for a consolidated advisory fee
relationship, the Ameriprise Managed Accounts and Financial
Planning Service Disclosure Brochure, for a full description of
services offered, including fees and expenses.
Investment advisory products and services are made available
through Ameriprise Financial Services, Inc., a registered
investment adviser.
© 2019 Ameriprise Financial, Inc. All rights reserved.
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version on businesswire.com: https://www.businesswire.com/news/home/20191106005141/en/
Kathleen McClung, Media Relations 612.678.1069
Kathleen.h.mcclung@ampf.com
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