Ameriprise Financial Services offers various managed account programs with different features and services, supporting a wide array of investment strategies. Clients can pay for financial planning and managed account services separately or through a consolidated advisory fee service. Ameriprise also offers brokerage accounts. Financial advisors assist clients in defining parameters, providing advice, and reviewing client information.
Fee Structure
Ameriprise Financial Services offers several managed account programs. The fees vary depending on the program selected. These fees include an asset-based fee, which covers investment advisory services and investment management fees. Some accounts may also have an Investments and Infrastructure Support Fee. Clients also pay investment costs, which are the underlying fees related to investment products purchased within the managed account. Additional fees and expenses may be incurred based on the nature of the investments.