I can tell you from personal experience that Ameriprise Advisors...at least the first two I had, will string you along and gain your confidence. But when they feel they have your trust, they will have you get something called a Variable Universal Life Insurance Policy and make everything out to look like your dream come true. And yes, they are not stupid. Amerprise is a genius company at getting the client to sign up and no matter what was shown to you or spoken to you, it won't matter because they cover all their bases in the way of basically you sign your life away. The only way to come out ahead is to die with the policy in the early going.... I've been trapped in this situation for 11 years and have lost about half my principal and of course, I've lost 11 years of inflation/interest/my life! I've dealt with the company and they pretend it was all my fault. There are so many restrictions and rules and timelines that I am out of luck. I am better off DEAD.
NOTE: the reviewer indicated that they are a client of Ameriprise