What is an SPS Advantage account?

What is an SPS Advantage account?

SPS Advantage is an investment advisory service for clients who seek investment advice on specific assets and are willing to pay for that advice. Sponsor also offers a consolidated advisory fee service for which you will receive Ameriprise Financial Planning Service (“AFPS”) and at least one Managed Account service.

Does Ameriprise offer Vanguard funds?

As you can see, Ameriprise has purchase restrictions on all Vanguard funds, in both Brokerage and Managed accounts. Vanguard funds can be held, perhaps as the result of a transfer-in or something, but they can’t be purchased. Jan 18, 2015

Is Ameriprise a Fortune 500 company?

The company is ranked 245th on the Fortune 500. … Ameriprise Financial. Headquarters at Ameriprise Financial Center AUM US$921 billion (March 31, 2021) Total assets US$165.9 billion (2020) Total equity US$5.9 billion (2020) Number of employees 12,300 (2020) 16 more rows

Is ameriprise a good insurance?

If you’re looking for security from a financial strength perspective, Ameriprise is a stable choice. Its main insurance property and casualty subsidiary, IDS Property Casualty, has been assigned a Financial Strength Rating of A by A.M. Best, indicating Ameriprise has a strong ability to pay out claims. Nov 17, 2021

What happened to American Express Financial Advisors?

AEFA will be spun off to shareholders and not sold, Amex executives said, because of adverse tax consequences that shareholders would have faced in a sale. American Express announced today that it is spinning off its Financial Advisors unit (AEFA) from its credit card and travel operations. Feb 1, 2005