Ameriprise Financial Internships

 
Ameriprise Financial Internships
4.33 out of 5

7 review(s)
Headquarters:
Minneapolis, MN
Employees:
11,000
Annual Interns:
120
Profile Views: 4056

Ameriprise Financial

Internship Overview
Internship Rating (Avg): 4.33 out of 5
7 Intern Reviews
Avg Ameriprise Financial Intern Salary: $13.50
6 Intern Salaries
Did you intern at Ameriprise Financial? Add Salary or Add Review
 

Internship Stats

Ameriprise Financial hires about 150 summer interns. All Ameriprise Financial internships are paid and most are located in their Minneapolis, MN headquarters. 

Highlights

Ameriprise Financial provides training and professional development for undergraduate students. As a summer intern, you'll work on meaningful projects, attend professional seminars, participate in networking events, and get involved in volunteer activities.*

Internship & Ameriprise Financial Overview

Ameriprise Financial, Inc., through its subsidiaries, provides financial planning, products, and services primarily in the United States. The company operates in four principal segments: Advice & Wealth Management, Asset Management, Annuities, and Protection.*

Internships for undergraduate students are available in:

  • Accounting
  • Actuary
  • Finance
  • Human resources
  • Marketing
  • Project management

Internship Links

Amerprise Financial student programs: here.
Ameriprise leadership development program: here.
Student FAQs: here.

6 Ameriprise Financial Intern Salaries
Financial Advisor Intern: $10/hour
Financial Adviser Intern: $10/hour
Branch Finance Intern: $11/hour
Fixed Income Investment Management Intern: $19/hour
Wealth Management Intern: $14/hour
Financial Adviser Intern: $17/hour
7 Ameriprise Financial reviews posted anonymously by former interns:
"Interns are able to see the whole business and learn investments"
Position: Financial Adviser Intern
Location: Minneapolis, MN
Pay: $$17/hour
Duration: 10 weeks
Review posted on 3/28/2011
I gained real world experience:
1
2
3
4
5
Agree
My boss treated me with respect:
1
2
3
4
5
Strongly Agree
I enjoyed my fellow co-workers:
1
2
3
4
5
Strongly Agree
The work I performed was interesting:
1
2
3
4
5
Agree
I feel better positioned to gain a fulltime job:
1
2
3
4
5
Agree
Overall, I was satisfied with my internship:
1
2
3
4
5
Strongly Agree

Pros:

- Managers are willing to help and teach.
- Your in real meetings talking over real dollars.
- Learned to synthesize data/research on equity an bond market.

Cons:

It's not like Wall Street (the movie)! Personal wealth management is a lot slower pace. Not a trading floor.

Advice for other students:

Learned a ton about strategic investment planning. Apply.
 
"Ameriprise gives you the experience you need"
Position: Wealth Management Intern
Location: Charlotte, NC
Pay: $$14/hour
Duration: 10 weeks
Review posted on 5/24/2011
I gained real world experience:
1
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3
4
5
Strongly Agree
My boss treated me with respect:
1
2
3
4
5
Strongly Agree
I enjoyed my fellow co-workers:
1
2
3
4
5
Strongly Agree
The work I performed was interesting:
1
2
3
4
5
Neutral "OK"
I feel better positioned to gain a fulltime job:
1
2
3
4
5
Agree
Overall, I was satisfied with my internship:
1
2
3
4
5
Strongly Agree

Pros:

You learn how wealth management team analyzes portfolios, sells investment products, and generally does their work. Kind of a behind the scenes on being a broker.

Cons:

A lot of work was the behind the scenes stuff like data entry, organizing, setting up meetings, and analyzing portfolios with their tools.

Advice for other students:

Solid internship, exactly what I expected.
 
"Tons of exposure to the fixed income business"
Position: Fixed Income Investment Management Intern
Location: New York, NY
Pay: $$19/hour
Duration: 11 weeks
Review posted on 5/24/2011
I gained real world experience:
1
2
3
4
5
Strongly Agree
My boss treated me with respect:
1
2
3
4
5
Strongly Agree
I enjoyed my fellow co-workers:
1
2
3
4
5
Agree
The work I performed was interesting:
1
2
3
4
5
Neutral "OK"
I feel better positioned to gain a fulltime job:
1
2
3
4
5
Agree
Overall, I was satisfied with my internship:
1
2
3
4
5
Agree

Pros:

I didn't know a lot about the fixed income side of the investment business, but I took this internship because I wanted to learn (and be in NYC). I got lucky. Awesome internship. My managers were terrific. Answered my questions. Took the time to explain to me how the products worked and what investment strategies to incorporate them with.

Cons:

Definitely some data entry and back office stuff.

Advice for other students:

Overall, productive internship and I'm a fan of Ameriprise Financial.
 
"Secretary like work, but some exposure to the wealth mgmt biz"
Position: Branch Finance Intern
Location: St. Louis, MO
Pay: $$11/hour
Duration: 10 weeks
Review posted on 5/26/2011
I gained real world experience:
1
2
3
4
5
Neutral "OK"
My boss treated me with respect:
1
2
3
4
5
Agree
I enjoyed my fellow co-workers:
1
2
3
4
5
Strongly Agree
The work I performed was interesting:
1
2
3
4
5
Disagree
I feel better positioned to gain a fulltime job:
1
2
3
4
5
Agree
Overall, I was satisfied with my internship:
1
2
3
4
5
Agree

Pros:

- You get to see how financial advisers run their business.
- I worked on analysis of a couple high net worth individuals. Ran reports, etc. That was pretty interesting.

Cons:

Lots of secretary like work. Setting up stuff. Organizing stuff, etc. Not too fun.

Advice for other students:

I guess if you work with a financial planner, it is kind of hit of miss. This isn't a trading floor, don't expect that.
 
"All depends on your branch, enjoyed my internship"
Position: Financial Adviser Intern
Location: Denver, CO
Pay: $$10/hour
Duration: 10 weeks
Review posted on 5/26/2011
I gained real world experience:
1
2
3
4
5
Strongly Agree
My boss treated me with respect:
1
2
3
4
5
Strongly Agree
I enjoyed my fellow co-workers:
1
2
3
4
5
Strongly Agree
The work I performed was interesting:
1
2
3
4
5
Neutral "OK"
I feel better positioned to gain a fulltime job:
1
2
3
4
5
Neutral "OK"
Overall, I was satisfied with my internship:
1
2
3
4
5
Strongly Agree

Pros:

- Exposure to different financial philosophies. This was really interesting to me. Aggressive vs conservative.
- Wealth Managers in my office took me out to lunch, shared their take on the markets, talked over strategies, and answered any of my questions.
- The best thing about this internship is that you learn how being a financial planner works. You'll know whether or not it's a good fit for you.

Cons:

- I wish the pay was better.
- Like to get a better understand of complex trades.

Advice for other students:

The Ameriprise Financial branch internships all depend on what your branch is like. I got lucky, my branch was terrific to me.
 
"Pretty good. I was in an investment research type role in Asset Management, PT for 6 months. Amp HQ "
Position: Research
Location: Minneapolis (HQ)
Duration: 24 weeks
Review posted on 5/28/2011
I gained real world experience:
1
2
3
4
5
Agree
My boss treated me with respect:
1
2
3
4
5
Strongly Agree
I enjoyed my fellow co-workers:
1
2
3
4
5
Strongly Agree
The work I performed was interesting:
1
2
3
4
5
Neutral "OK"
I feel better positioned to gain a fulltime job:
1
2
3
4
5
Strongly Agree
Overall, I was satisfied with my internship:
1
2
3
4
5
Agree

Pros:

Pay, relaxed environment, diverse exposure to other areas of the business if you're interested, research was appealing to me.

Cons:

Plug and chug spreadsheets. Not given too much responsibility, but that's expected.

Advice for other students:

Um, be careful where you end up at Amp HQ. Make sure you're interested in the business. If you're in a product group, I'm sorry. It's a relaxed corporate environment, nice facilities, i can't really complain too much.
 
"Good exposure to the brokerage, but not fast paced"
Position: Financial Advisor Intern
Location: Greensboro, NC
Pay: $$10/hour
Duration: 10 weeks
Review posted on 5/30/2011
I gained real world experience:
1
2
3
4
5
Agree
My boss treated me with respect:
1
2
3
4
5
Strongly Agree
I enjoyed my fellow co-workers:
1
2
3
4
5
Agree
The work I performed was interesting:
1
2
3
4
5
Neutral "OK"
I feel better positioned to gain a fulltime job:
1
2
3
4
5
Neutral "OK"
Overall, I was satisfied with my internship:
1
2
3
4
5
Agree

Pros:

Worked in a branch doing mostly support functions. I did love that you get to see exactly how a branch works. It's not glamorous work and Wall Street style stuff, but that was okay with me. I learned a ton of client management in general - stuff I would never have learned in school. Overall, enjoyed it.

Cons:

I'd love to have a finance internship in NYC to compare the attitude of the office and learn how products, trading, etc are done.

Advice for other students:

Financial Advisory (whether at Ameriprise) or other, is different than investment banking type stuff - make sure you know which experience you're looking for.
 
 
 

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