Submit
Feedback

General

Industry

Professional Business Services

Category

Other

Works with Franchise Brokers

No

Year of Founding

1971

Fees

Marketing Fee

NA

Royalty Fee

$290 per month

Franchise Fee

$1,500-$1,500

Investment Range

$11K-$128K

Location units

Total U.S. Locations

6016

U.S. Franchised Units

4221

U.S. Corporate Units

1795

Headquarters (City)

Minneapolis

Other

Item 19 - Franchise Financials

Yes

E-2 Visa Eligibility

No

Started Offering Franchises

1999

Issuance of FDD Data

03/28/2022

Key Indicators

Unlock premium content

Franchise Payback Period (Years)

Owner Salary / Compensation

Average Unit Volume (AUV)

Franchise Cost

$11K-$128K

Franchise Fee

$1,500-$1,500

What to know about Ameriprise franchise?

Ameriprise Financial Franchise offers interested franchisees a wide range of services, including investment advice, financial planning, and retirement planning. Franchisees receive comprehensive training and support from the company, allowing them to provide quality services to their clients. If you're looking for a business with name recognition, Ameriprise Financial Franchise may be the perfect opportunity for you. Franchisees receive comprehensive training and support from the company, allowing them to provide quality services to their clients. With over a century of experience, Ameriprise Financial is a recognized name in the industry and offers a valuable opportunity for entrepreneurs looking to start their own business. Contact us today to learn more about this franchise opportunity. We would be happy to answer any of your questions and help you get started on your journey to owning your own business.

Ameriprise is based in Minneapolis, MN. Scroll down to learn more!

How much does a Ameriprise franchise cost?

Are you wondering how much is a Ameriprise franchise? Before starting a Ameriprise franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a Ameriprise franchise is $11,434 and can go all the way up to $127,565. Keep in mind, you should also allocate additional funds to live off of while the Ameriprise business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Ameriprise franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Ameriprise business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Ameriprise franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

Industry Report Request

Download our guide to compare Ameriprise. Hotels to the Other, Outdoor Professional Business Services industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2016 4699 52 198 4553
2017 4687 52 169 4570
2018 4661 87 157 4411
2019 4353 56 163 4246
2020 4281 58 143 4309
2021 4217 33 110 4221

Additional Details

How much does a Ameriprise franchise owner make?

Ameriprise franchise earnings and revenue can vary significantly from one franchisee to another.
The Ameriprise franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Ameriprise discloses financials at the unit level. In other words, they show how much Ameriprise franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not.

At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the Ameriprise franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like Ameriprise. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those Ameriprise owners were making.

Visit the Ameriprise metrics tab to explore the financials for this business.

What is the Ameriprise franchise fee?

Owning a Ameriprise franchise requires $290 per month royalty fee and a variable marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Ameriprise Franchise Disclosure Document

Keep in mind, there is also an initial Ameriprise franchise fee of $1,500 that is included in the initial investment amount of $11,434 to $127,565. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Ameriprise franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Ameriprise franchise fee of $1,500.

Visit the Ameriprise metrics tab to explore the financials for this business, royalty and marketing fees compare to other Professional Business Services franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Ameriprise founded?

Ameriprise started offering franchises in 1999. Ameriprise was founded 51 years ago in 1971.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Ameriprise locations are in the U.S.?

As of 2022, there were 4221 locations across the U.S. There are also 1795 corporate locations. Most Professional Business Services franchises like Ameriprise have more franchised locations than corporate locations.

How many Ameriprise franchises opened over the past few years?

Over the prior 3 years we have data for, Ameriprise has opened 147 outlets throughout the U.S. Visit the Ameriprise metrics tab to explore how the openings compare to other Professional Business Services franchises.

How many Ameriprise franchises closed over the past few years?

Over the prior 3 years we have data for, Ameriprise has closed 416 outlets throughout the U.S

Visit the Ameriprise metrics tab to explore how the openings compare to other Professional Business Services franchises.

Is Ameriprise growing? Are they opening more locations than they are closing?

The net unit growth rate for Ameriprise over the past 3 years is -3%. Over the last year we have data for, Ameriprise had a net unit growth rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Ameriprise growth rate compares to 2,000+ other franchises and Industry franchises like Ameriprise. More info in the Ameriprise metrics tab.

Is Ameriprise franchise eligible for an SBA Loan?

Ameriprise is not eligible for SBA loans including the 7(a) loan last time we checked.

Ameriprise franchise does not have a SBA Franchise ID and was not in the SBA Franchise Directory. The SBA Franchise Directory will only include business models like Ameriprise that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria.

To find out more about the SBA loan program for franchising click here.

Is Ameriprise a franchise in the United States?

According to the SBA, Ameriprise meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Ameriprise provides you with an FDD if you are in discussion to buy a Ameriprise.

What is the Ameriprise Franchise for Sale Rate?

The Ameriprise systemwide health and franchisee satisfaction can be measured by the Ameriprisefranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Ameriprise franchise for sale rate over the past 3 years is 30%. Over the last year we have data for, Ameriprise had a franchise for sale rate of 13%.

Without a comparison, this number doesn’t mean much. Compare how the Ameriprise franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Ameriprise. More info in the Ameriprise metrics tab.

What is the Ameriprise Franchise Failure Rate?

Ameriprise franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Ameriprise failure rate over the past 3 years is 10%. Over the last year we have data for, Ameriprise had a franchise failure rate of 3%.

Without a comparison, this number doesn’t mean much. Compare how the Ameriprise franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Ameriprise. More info in the Ameriprise metrics tab.

How can I find out more details on Ameriprise franchise?

Visit the Ameriprise metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

Take Our Quiz

Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Ameriprise

$69,500

Industry median

All franchises median

Unlock premium content

Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Ameriprise

$290 per month

Industry median

All franchises median

Unlock premium content

Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Ameriprise

$1,500

Industry median

All franchises median

Unlock premium content

Item 19 – Financial Performance Representations

Historical financial performance representations

Unlock premium content

Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

Unlock premium content

General

Industry

Professional Business Services

Category

Other

Works with Franchise Brokers

No

Year of Founding

1971

Fees

Marketing Fee

NA

Royalty Fee

$290 per month

Franchise Fee

$1,500-$1,500

Investment Range

$11K-$128K

Location units

Total U.S. Locations

6016

U.S. Franchised Units

4221

U.S. Corporate Units

1795

Headquarters (City)

Minneapolis

Other

Item 19 - Franchise Financials

Yes

E-2 Visa Eligibility

No

Started Offering Franchises

1999

Issuance of FDD Data

03/28/2022

Detailed Franchise metrics for Ameriprise

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Ameriprise below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Growth Rate

The percentage change of total franchise units from one year to the next by franchisor.

 

1 year

3 years

Ameriprise

1%

-3%

Industry median

All franchises median

Unlock premium content

Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Ameriprise

N/A

30%

Industry median

All franchises median

Unlock premium content

Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Ameriprise

N/A

10%

Industry median

All franchises median

Unlock premium content

Business details

Website

https://www.ameriprise.com/

Business email

u******************@ampf.com

Mailing address

200 Ameriprise Financial Center

State headquarters

Minnesota

Contact Name

Ameriprise

Phone

+1 (000) 0********00

City

Minneapolis

Zip code

55474
Name Email State City Zip Code

Filters

State:


City:


You May Also Be Interested In
View More >
Professional Business Services
H&R Block
Investment range
$32K-$158K
Founding year
2008
Total U.S. Units
9476
Learn More
Professional Business Services
Ameriprise
Investment range
$11K-$128K
Founding year
1999
Total U.S. Units
6016
Learn More
Professional Business Services
Jackson Hewitt
Investment range
$42K-$80K
Founding year
1986
Total U.S. Units
5781
Learn More
Professional Business Services
The UPS Store Non-Traditional
Investment range
$110K-$449K
Founding year
1980
Total U.S. Units
5037
Learn More

Your Suscription has expired!

Looks like your subscription is due. Please renew to keep using our services.

Share link

Or

Downgrade subscription

You are going to downgrade your subscription.This action will proceed the difference in cost of plans and reset subscription period after moneyback.

Vetted Member $79/month

Simple Start Free

Upgrade subscription

You are going to upgrade your subscription.This action will proceed the difference in cost of plans and reset subscription period after moneyback.

Simple Start Free

Vetted Member $79/month

Cancel subscription

You’re about to cancel your subscription. Please confirm by clicking on the “Cancel Subscription” button below.

Performing this action will delete your account.

Plan Updated

Your current subscription plan is:

Vetted Member $79/month

Support Form

Please fill out the form below with any technical issues, questions or feedback you might have.