What fees does Ameriprise Financial charge?

Ameriprise Financial charges various fees based on the services they provide. Some of the common fees include investment advisory fees, financial planning fees, and transaction-based fees. The investment advisory fees are typically a percentage of the assets managed by Ameriprise Financial. The financial planning fees are charged for creating a comprehensive financial plan tailored to the client's needs. Transaction-based fees apply to buying or selling securities, such as mutual funds or stocks. Clients should note that the amount and type of fees can vary depending on their specific investment or financial planning requirements. It is advisable to consult with an Ameriprise Financial advisor to understand the precise fee structure applicable to their individual situation.