Financial Services FDD Analyzed

Ameriprise Financial Services

Ameriprise Financial Services LLC

Minneapolis, MN Website FDD: March 26, 2024
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Investment Range

$12,029 - $132,705

Franchise Fee

$1,500

Royalty

Marketing Fee

Total Units

5,754

Median Revenue

$949,118/yr

AI Summary

Ameriprise Financial Services, LLC offers franchises for financial advisory businesses, providing personalized financial planning and a broad spectrum of products such as investments, annuities, and insurance. The initial franchise fee is $1,500, with ongoing costs including a $290 monthly Association Fee and variable administration fees tied to assets under management. In 2023, the system comprised 4,003 franchised units, experiencing a net decline of 130 locations, alongside 1,751 company-owned offices. A significant risk for prospective franchisees is the franchisor's history of regulatory actions and ongoing litigation, notably a pending FINRA arbitration seeking over $46 million in damages related to alleged advisor misconduct and employment claims.

Unit Growth

Last 5 years

2021

6,016

-2.1%

2022

5,888

-2.3%

2023

5,754

Initial Investment Breakdown

CategoryLowHigh
Initial Fee (including initial orientation program)$1,500$1,500
Additional Funds – 3 months$0$3,000
Association Fee$290$290
Business Authorizations and Licenses$500$3,000
Computer Hardware$1,200$2,300
+ 18 more categories (apply to see all)
TOTAL INVESTMENT$12,029$132,705

Financial Performance Data

Access detailed revenue metrics, expense breakdowns, and profitability data from the Item 19 Financial Performance Representation.

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Franchisee Contact Directory

622

Connect directly with existing franchise owners to learn about their experience, get real insights, and validate your decision.

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Is Ameriprise Financial Services a Good Investment?

Based on the FDD data, here are key factors to consider when evaluating a Ameriprise Financial Services franchise opportunity:

Potential Advantages

  • Established brand with 5,754+ locations nationwide
  • Financial Performance Representation (Item 19) available for review
  • Lower initial investment compared to many franchise opportunities

Considerations

  • Declining unit count may indicate market challenges
  • Litigation history disclosed in FDD (review Item 3 carefully)

Disclaimer: This analysis is based on publicly available FDD data and should not be considered financial advice. Always consult with a franchise attorney and accountant before making any investment decision.

Frequently Asked Questions About Ameriprise Financial Services

How much does a Ameriprise Financial Services franchise cost?

The total initial investment for a Ameriprise Financial Services franchise ranges from $12,029 to $132,705. This includes the franchise fee, equipment, inventory, real estate, and other startup costs as disclosed in the FDD.

What is the Ameriprise Financial Services franchise fee?

The initial franchise fee for Ameriprise Financial Services ranges from $1,500 to $1,500.

What are the ongoing fees for a Ameriprise Financial Services franchise?

Ameriprise Financial Services franchises have ongoing royalty and marketing fees. Check the FDD for specific percentages and terms.

How many Ameriprise Financial Services franchise locations are there?

Ameriprise Financial Services currently operates 5,754 franchise locations. This includes both franchised and company-owned units.

Quick Facts

Litigation Disclosed
Bankruptcy None
Protected Territory No
Item 19 (FPR) Available
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