To answer the OP's question, Ameriprise was previously American Express Financial Advisors was previously Investors Diversified Services (IDS). AFIK in all of its incarnations it has been viewed has a firm with high costs and poor investment performance. With that longtime reputation and some of the comments here I would suggest that you go elsewhere.
Option 1: Both Schwab and Fido will assign a personal advisor to clients above a specific asset threshold. This comes at no cost. IIRC Fido's threshold is $100K and Schwab's is $250K. I may not remember them right, but the message is that you don't have to have seven figures for them to pay attention to you.
Option 2: For people who want more service and a good, solid portfolio I suggest going to the Dimensional web site (
https://www.dimensional.com/), finding a few advisors in your area, and interviewing them. I have a very high opinion of Dimensional's strategy and of the advisors that have been approved to sell their products. I actually have mid-six-figures with a DFA advisor, not for advice but to get access to the Dimensional products. I have haggled him down to 50bps for this portfolio.
Option 3: Go to
https://www.napfa.org/ and pick some local advisors to interview.
IN ALL CASES: (1) Before interviewing, check the advisor out at brokercheck.com, paying particular attention to any customer complaints. (2) Insist that any advisor give you written assurance that they are acting as a fiduciary in all aspects of your relationship. (3) Understand that fees are negotiable, particularly if the advisor believes that you will not be a high maintenance client. (4) Remember that you are not looking to hire a friend. You are looking to hire a skilled workman. It's not much different than hiring a lawn service except the lawn work is easier for you to QC and any damage done is temporary. Neither may be true for an advisor.
But how do you know if the advisor is capable and trustworthy, and ask pointed questions, unless you have some financial expertise? ...
Here is a thought: In this day and age when defined benefit retirement income is virtually gone, acquiring some financial expertise may have become a near-necessity.
Think about this: It is a near-necessity that all adults learn to drive a car. To not have this ability is to add difficulty and expense (taxis, etc.) to one's life. Not much different than not having financial expertise will add difficulty and expense to life, right?