Ameriprise Financial (AMP) DRIP

DRIP Plan Highlights

Enrollment

 

 

Initial Purchase

 

$1,000

 

 

 

 

Purchases

 

 

Minimum
purchase

 

$50

Maximum
purchase

 

$120,000

 

 

 

 

Fees

 

 

 

Account
Setup Fee

 

$6

Automatic
investment Fee

 

$2

Optional
Cash Purchase

 

$5

Reinvestment
Fee

 

10% upto
$.75

Sale Fee

 

 

$25

 

 

 

 

Company
Web Site

 

http://www.ameriprise.com

Additional
Plan Information

Agent Site

Ameriprise Financial DRIP Details:
The Ameriprise Dividend Reinvestment Plan offers a below average holding vehicle for your AMP investment with initial costs, purchase fees, and dividend reinvestment. For almost all long term investors, Sharebuilder or another low cost brokerage would offer the lowest cost holding vehicle for your Ameriprise investment.
Pros:
None Identified
Cons:
$6 Initial Cost, $6 Investment Fee, $25 Sales Fee, Dividend Reinvestment Fees