Chiu Wu – Ameriprise Financia...

Cancelled My Auto Insurance Due To Miscommunication

I was a client for 3 years and Ameriprise Financial Services cancelled my auto insurance due to miscommunication on their part.

I changed my bank account and let them know asap. But they claim there wasn’t any record of it.M

Although they have record of my constant contact with them regarding my personal injury claim.

They are all about money. I’ve paid them on time every 6 months for 3 years and they have no loyalty.

They cut me off even though I was calling to give them money.

I have a perfect driving record and they weren’t willing to work with me.

Good Bye Ameriprise! No different than Geico!

Is Chiu Wu - Ameriprise Financial Services a legit?

Chiu Wu - Ameriprise Financial Services is not running a legit business. They are not aggressive towards customer satisfaction and complaint grievance redressal, Hence 27 consumer[s] submitted negative ratings, and only a few left positive feedback.

Where is Chiu Wu - Ameriprise Financial Services located?

Chiu Wu - Ameriprise Financial Services is headquarted at 353 Sacramento St Ste 2300 San Francisco, CA 94111. You can contact Chiu Wu - Ameriprise Financial Services by dialing (415) 743-9889 or visit their website ameripriseadvisors.com.

How much monetary loss is incurred by Chiu Wu - Ameriprise Financial Services’s customers?

According to Chiu Wu - Ameriprise Financial Services’s customers, a monetary loss of US $2388 has been reported. The severity of entire incident reports is medium.

Write a review or complaint on Chiu Wu – Ameriprise Fin...

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27 Reviews on Chiu Wu – Ameriprise Financial Services

  1. I got great results more than I expected, plus, the fees were very reasonable.

    Mark Porter is very professional, reliable and very helpful with my financial and investment decisions. He is knowledgeable and gives non-biased advice. He looked at my financial situation in a way that cleared my mind, set priorities and be focused to my financial goals.

    I got great results more than I expected, plus, the fees were very reasonable. I would definitely recommend him to everyone who needs help with managing their finances and goals.

  2. Bad Service

    Just remember that with most financial planning offices, it isn’t necessarily the company (in this case Ameriprise) as it is that particular office. It is better to do the research on a well run office than it is to find a particular planner.

    You’ll find the same problem at Edward Jones, Merrill Lynch, as well as your small “home town” offices. This is true with any business and is not indicative to Ameriprise.

  3. The first few years with Amerirpise was good, this last year, not so good.

    I cant remember. When I first signed up I was working with Christopher who was great, he got me a plan, had these great investment ideas and got me started to saving for a home. And when he left the company thats when things started to fall apart.

    He had told me ahead that he was planning to leave and said that I would be well taken care of, he even introduced me to the Advisor who I would be requesting to work with. BUT thats where it fell short, requesting the advisor that Chris recommended was a real pain, alot of red tape to finally work with her. And I will say at first the advisor Jennifer, seemed really intuned with the relationship I had with Chris.

    But with how the market has tumbled now, the advisor literally fell apart. She didn’t know how to answer the questions I had about the market. She kept telling me that my portfolio was fine that things would turn around, but I ended up losing almost 50% of my monies! Granted I know the market hasn’t done well, the S&P has been down close to 35%, BUT 50? And when I asked her opinion on particular investments it seemed like she had no clue about the what I was talking about.

    She hasn’t returned any of my calls now. I’m thinking of submitting a complaint against her, because someone like her shouldn’t be in this field. I haven’t decided fully to leave the company, maybe switch to another advisor? I will say I do miss my old advisor, he obviously just had a poor judgment on his associate, that recommended I work with. The first few years with Amerirpise was good, this last year, not so good.

  4. I did open up a account & the account is doing horrible and now I am looking to move to Fidelity.

    Im a client of jennifer Oschner too…she’s a one huge girl with one small little brain. I only hired her to see what she had to offer as the initial idea of the planning wasnt bad. However thoughout the process it seemed that most of the stuff were cookie cutter products and she really had no clue what she was doing.

    She constantly tried to sell me insurance, which I said no several times to. and her speech , it was like she had some lines that were feeded to her. She even tried flirting her way into selling the products which I was turned off by…this is not the way to sell anything professionally.

    I did open up a account & the account is doing horrible and now I am looking to move to Fidelity. I did try to talk to her about the acount, but she obviously has no clue about investments and seem to pick my portfolio out of thin air. Do not go to Ameriprise its not worth the money, or time

  5. I think the people there are too inexperienced and not too bright.

    Ameriprise is good for taking me out to lunch. I think I went to lunch with them about 6 times now. Ive even met the girl Jennifer that everyone talks about on here…I think Ive gone to lunch with her three times, I went to lunch with another again girl name Lynn? Sin?

    I don’t remember her name, I think she was the first free lunch, short chubby ugly looking girl. Another girl named Jenny Yu and a dude name Charlie. And a weird one name Ihare.

    They all had the exact same discussion, met with me and I can help you financially yadah yadah… That girl Jennifer called me a thousand times though after that I started to give fake numbers…. and I agree with the others, shes very pushy and not all that bright on the market or investing in general.

    The girl Jenny and Ihar – were obviously new and didn’t know what was going on, and the short ugly one was semi knowledgeable but has got to be about 21years old and fresh outta college.

    However I just found out my Stupid cousin Matthew signed up with the Jennifer girl though he didn’t do anything, I think he only signed up cause his other brain was doing the thinking as she seemed like she would do anything for a sale.

    All in all, they are not the company I would hand over my trust and brokerage accounts. I think the people there are too inexperienced and not too bright.

  6. terrible service.

    The best thing Ameriprise ever did for us was give us a refund for their terrible service.

  7. Keep away from them. Had worst experiences

    Keep away from them. Had worst experiences, happend to sign-up with them for financial advice and the advisor took some good fees and stopped responded to my calls then after a month or so quit the job. I got a checking out too with them and worst of all, the account for some fees went into overdraft.

    Did not even receive a proper statement and within 30 days reported to the credit bureau and now have a negative mark on the credit report. And again after 3 months they took some fees again from the ameriprise checking account and without a statement and notice got the overdraft fees which again got reported to the credit bureau. Two negative marks on the credit report.

  8. What a scam! Shame on them.

    If I could give a negative review, I would. Think about the bipolar reviews, don’t you think the positive reviews are contrived. Anyways, if you are foolish enough to use the “financial advisors” from this company, do not expect your money to grow.

    And when you want to rollover, they will “loose” your paperwork, destroy documentation….anything to avoid surrendering your money. What a scam! Shame on them.

  9. I am a consultant and work out of a small bedroom office.

    Applied for home and auto insurance from a Costco Ad. The salesman was extremely arrogant and rude. Then refused to insure me because I work from home. I am a consultant and work out of a small bedroom office.

  10. I'm not sure I ever even signed a contract stating these practices.

    I’m not sure at this time I would even give them a 1 star, we were lied to from the beginning. We signed up with Ameriprise in 2009 & was told we would never have any fees, yet they started charging a yearly $40 fee, so we decided to go elsewhere.

    Then as we were trying to transfer the accounts we found out we would have a termination fee of $100 per account & then another $100 fee to stop doing business with this company, are you kidding me – charging me to hold my money & then charging me to stop holding my money.

    This company is one of the biggest rip offs out for financial planning. DON”T GO TO THEM! I’m not sure where or who I can go so I can report their unethical practices but I will do everything I can to give as little of my money to this company as I can! I’m not sure I ever even signed a contract stating these practices.

  11. I'm not giving them any of my money.

    So, nobody talks about how Ameriprise performs actually giving your money to you when you want it. Our experience is they will do whatever they can to keep your money for as long as they can. My grandmother had a trust account she intended to pass to her family at her death.

    She died over a year ago and there were no problems or disputes with her estate, but Ameriprise has not distributed the account in a timely manner despite our diligent efforts. It feels like they are making up reasons to keep my grandmothers money.

    First they demanded a different form of death certificate than the one we provide, then they inexplicably asked for all 7 beneficiaries to redo notarized forms. They do not respond to email or phone calls. They are profoundly slow to act in all ways. I’m not giving them any of my money.

  12. Stay away from this rip-off company.

    Stay away from this rip-off company. They will do anything to make money off of their customers. Their so-called advisors strongly advise the unwary customer to buy funds that have front-end 5% loads. That means that you lose a lot of money that could be invested instead.

    Load funds don’t make anymore money for the investor than a no-load fund. So it is way better to do some homework and make your own choices than put your money in the hands of a corrupt company that gives bad advice.

Reviews: 27
Reported Loss : 2388 $
Severity : Medium
Reported by : Anonymous
Views :