Amerprise (Are U Surprised)

[FinanceDude]

Ameriprise hits affluent clients with new fees - Investment News

So..........charge their own BEST clients an extra fee? What bean-counter that never sat down in front of a client dreamed that up?

 

[Sarah in SC]

But note that the $500k and ups won't see any fees...so they've got that going for them.

 

[REWahoo]

Another Ameriprise official, who asked not to be identified, said that the company has reviewed its fees and found them to be below the average of what competitors charge.

Translation: "No way will we allow our competitors to screw their clients more than we screw ours."

 

[ziggy29]

Translation: "No way will we allow our competitors to screw their clients more than we screw ours."

If most of us here have much to say about it, hopefully they'll realize that some of their "competitors" are also places like Vanguard, Schwab and Fidelity...

 

[saluki9]

If most of us here have much to say about it, hopefully they'll realize that some of their "competitors" are also places like Vanguard, Schwab and Fidelity...

Except that they aren't

 

[Purron]

Awww, you all are beeing very harsh. Poor Ameriprise just needs to increase earnings like many other struggling companies do these days....

Ameriprise 2q profit nearly triples - BusinessWeek

 

[ziggy29]

Except that they aren't

Obviously I know that. You clearly didn't get my point.

 

[saluki9]

Obviously I know that. You clearly didn't get my point.

I guess I'm just not that smart