Our partnership process is efficient; our dedication to partners is strong
While there may be some variations depending on your unique situation, the basic elements of our process remain the same.
Your institution will benefit from guidance focused on your specific needs and goals from a team dedicated to your success.
Here’s what you can expect as we begin a partnership journey:
1
Initial 1st meeting / conversation
An important touch point for us to learn more about your institution’s goals, needs and challenges
2
MNDA (Mutual Non Disclosure Agreement)
We’ll sign this agreement to support more detailed conversations about your institution’s goals and our vision to help optimize growth
3
90 min meeting
We’ll share a deeper overview and demo of our growth formula including industry-leading digital capabilities and game-changing resources – either virtual or in-person
4
VIP
This is an opportunity to introduce your financial advisors to Ameriprise Financial and the support they can expect; they’ll hear from successful financial advisors and program managers who are delivering an outstanding experience to clients and growing their practices
5
Onsite with your institution’s key executives
We recognize that a strong cultural fit is critical to a successful partnership and we’ll take time to get to know key leaders at your institution and ensure support and alignment
6
Book of business data review
Based on information that you share with us, we’ll present an initial analysis around current production, GDC, AUM and growth opportunities
7
Due Diligence
A more detailed review of key aspects of a partnership is performed and documented
8
LOI
Letter of Intent (LOI) is provided to your institution stating our intention to enter into a partner agreement
9
Contract is signed
A detailed contract outlining the particulars around our new partnership is signed by key executives
10
Advisor due diligence
A more detailed review of existing advisor team is performed and documented to understand retention risks and other considerations
11
Partnership launch
Celebrate! Your dedicated AFIG team in collaboration with your institution’s team begin to execute on the TRANSFORMATION OF YOUR INVESTMENT PROGRAM
* Ameriprise Financial Services has a partnership with these financial institutions to provide financial planning services and solutions to clients. The financial institutions are not investment clients of Ameriprise but have a revenue sharing relationship with us that creates a conflict of interest. Details on how we work together can be found on ameriprise.com/sec-disclosure.
The Bank Insurance & Securities Association issued the 2024 BISA Technology Innovation Award to recognize the advancement of the financial services industry's products, services and platforms through technology innovation. The BISA Awards Committee, comprised of members of the BISA Board of Directors, evaluated submissions based on the product/service advancement of the financial services industry. The Ameriprise Financial Institutions Group received the 2024 BISA Technology Innovation Award for eMeeting technology. Ameriprise did not pay a fee to be evaluated nor promote this recognition. For more information, visit https://www.bisanet.org/page/TechnologyAward.
Ameriprise Financial cannot guarantee future financial results.
Investment products are not insured by the FDIC, NCUA or any federal agency, are not deposits or obligations of, or guaranteed by any financial institution, and involve investment risks including possible loss of principal and fluctuation in value.
Investment advisory products and services are made available through Ameriprise Financial Services, LLC, a registered investment adviser.
Securities offered by Ameriprise Financial Services, LLC. Member FINRA and SIPC.