Registered Principal, Ameriprise Financial Advisors

About Our Company

We’re a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. Our team of 22,000 people across 19 countries, serves more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses – Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

Job Description

The Field Registered Principal (RP) is responsible for supervising the sales and suitability of the advisor’s entire book of business as outlined in the Written Supervisory Procedures (WSPs). The RP must have an in-depth understanding of each advisor's practice and staff in their Office of Supervisory Jurisdiction (OSJ).

Key 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. This includes:

Conducting and documenting ongoing 1:1 interaction

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 according to 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. This includes:

Working with the 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

Required Qualifications

• Knowledge of financial services industry and B/D regulatory rules

  5-7 years of compliance supervisory experience

  Demonstrated ability to exercise sound and impartial judgment in addressing issues with individuals s/he 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)

Preferred Qualifications

• Self-motivated with the ability to achieve results in an independent environment, aptitude with technology, ability to manage multiple tasks

  Visa Sponsorship

  Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN).

  Remote Work 

  This position is remote.  Any expectations for travel (up to 20% annually) or in-person collaboration will be discussed during the hiring process.  This position is eligible for remote work in the United States.  

  Base Pay Salary

  The estimated base salary for this role is $87,400- $110,000 / year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances

  Full-Time/Part-Time

  Full time

  Exempt/Non-Exempt

  Exempt

  Job Family Group

  Legal Affairs

  Line of Business  

  AWMBD Advice and Wealth Mgmt and Business Development

  Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, family status or any other basis prohibited by law.

  We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.