Registered Principal, Ameriprise Financial Advisors

Ameriprise Financial Services, LLC • Minneapolis, MN

1d • Hybrid

About The Position

Ameriprise Financial is a diversified financial services leader managing over $1.5 trillion in assets as of year-end 2024, serving more than 3.5 million clients across 19 countries with a team of 22,000 people. The company is a longstanding leader in financial planning and advice, a global asset manager, and an insurer, comprising Ameriprise Financial, Columbia Threadneedle Investments, and RiverSource Insurance and Annuities. They focus on fostering meaningful careers, investing in the future, and making a difference for clients, institutions, and communities around the world. The Registered Principal provides front-line supervision of financial advisors, ensuring compliant and well-managed practices in alignment with regulatory requirements and Ameriprise Financial policies. This role involves coaching advisors, documenting oversight, and providing feedback to promote suitable sales practices and ethical conduct. The Principal proactively identifies and addresses supervisory, compliance, and operational risks through reviews, reporting analysis, office inspections, and client outreach. They also serve as a key liaison with Compliance, Legal, and other corporate partners to resolve issues, implement supervision plans, and maintain accurate supervisory records using required technology tools.

Requirements

• Knowledge of financial services industry and B/D regulatory rules
• 3–5 years of compliance supervisory experience
• Demonstrated ability to exercise sound and impartial judgment in addressing issues with individuals the supervisor supervises
• Strong oral and written communication skills
• Demonstrated conflict management
• Ability to deliver difficult messages
• Demonstrated ability to influence
• Demonstrated advanced analysis and problem-solving skills
• Active Series 7
• Active Series 24
• Active State IAR registration (S65 or S66)
• Active State securities agent registration (S63 or S66)

Nice To Haves

• 5-7 years of compliance supervisory experience
• Self-motivated with the ability to achieve results in an independent environment, aptitude with technology, ability to manage multiple tasks

Responsibilities

• Provide front-line supervision to an advisor’s practice while modeling exemplary leadership behaviors.
• Proactively work with advisors to support their effort to run a compliant practice.
• Conducting and documenting ongoing 1:1 interactions
• Providing feedback and documenting observations related to the advisor’s sales activity and suitability of the advisor’s recommendations
• Inspecting registered offices under your supervision pursuant to Ameriprise Financial policy
• Administering discipline and education corrective processes when appropriate
• Coaching advisors on supervisory policies and procedures
• Acting as the main resource for advisors on compliance tasks
• Validating appropriate advisor training is taking place
• Proactively detect violations of policy or procedure through: responding to corporate requests to review advisor activity, making client calls, analyzing reports and other metrics for trends
• As prescribed by the Written Supervisory Procedures, accurately and completely follow-up, review and sign-off or reject advisor activity.
• Identify and provide response to issues identified by corporate business partners.
• Working with Centralized Supervision Unit and Compliance on escalated issues and supervision plans
• Working with Compliance on complaints
• Working with Legal on investigations
• Resolving issues identified in field office inspections
• Complying with record keeping processes, required use of certain technology tools and systems
• Collaborating with Supervision and Compliance on outside business activity approval/review and policy exception requests

Benefits

• competitive and comprehensive benefits program that supports all aspects of your health and well-being
• vacation time
• sick time
• 401(k)
• health, dental and life insurances
• variable pay in the form of bonus, commissions, and/or long-term incentives

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees