Senior Counsel

Ameriprise Financial Services, LLC; Minneapolis (MN); Hybrid; USD 150,000 - 225,000; Full time

Job summary

Ameriprise Financial Services, LLC is seeking an experienced licensed attorney to serve as a key member of the GCO Advice and Wealth Management Practice Group, supporting the Retail Advisory business, including managed accounts, financial planning, investment research, and portfolio management activities.

The role delivers practical, risk-based legal counsel to support business growth, effective risk management, and regulatory compliance, with in-office collaboration and occasional flexibility

Qualifications

• Juris Doctor degree from an accredited law school.
• 5+ years of experience as a practicing attorney supporting retail advice offerings in the financial services industry.
• Strong expertise in the Investment Adviser's Act of 1940, state securities and investment management statutes and regulations (i.e. Regulation Best Interest and FINRA), and applicable self-regulatory organization rules.
• Admitted to practice law in Minnesota, North Carolina, or eligible for admission as in-house counsel.
• Excellent communication, relationship-management, and collaboration skills.

Responsibilities

• Serve as a trusted legal partner supporting managed accounts, financial planning, investment research, portfolio management, and related advisory solutions.
• Advise business partners on legal, regulatory, and strategic matters affecting advisory products, services, platforms, client offerings, and business initiatives.
• Support the development, enhancement, and governance of advisory programs, disclosures, agreements, and client-facing materials while helping identify and mitigate legal and regulatory risks.
• Partner with Compliance, Risk, and other key stakeholders to promote effective governance, sound risk-management practices, and a culture of compliance.
• Provide guidance regarding emerging legal, regulatory, and industry developments affecting retail advisory businesses, including conducting legal research and benchmarking industry practices.
• Support regulatory examinations, inquiries, and interactions with regulators, outside counsel, and industry organizations, as appropriate.

Skills

Investment Advisers Act expertise

Regulatory trends

Communication and collaboration

Influence and credibility with外?

Education

Juris Doctor degree

Job description

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.

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

Ameriprise Financial Services LLC. is offering an exciting opportunity for an experienced licensed attorney to become an integral part of the GCO Advice and Wealth Management Practice Group, supporting the firm’s Retail Advisory business, including managed accounts, financial planning, investment research, and portfolio management activities. The role provides practical, risk-based legal counsel that supports business growth, innovation, effective risk management, and compliance with applicable regulatory requirements.

Key Responsibilities

• Serve as a trusted legal partner supporting managed accounts, financial planning, investment research, portfolio management, and related advisory solutions.
• Advise business partners on legal, regulatory, and strategic matters affecting advisory products, services, platforms, client offerings, and business initiatives.
• Support the development, enhancement, and governance of advisory programs, disclosures, agreements, and client-facing materials while helping identify and mitigate legal and regulatory risks.
• Partner with Compliance, Risk, and other key stakeholders to promote effective governance, sound risk-management practices, and a culture of compliance.
• Provide guidance regarding emerging legal, regulatory, and industry developments affecting retail advisory businesses, including conducting legal research and benchmarking industry practices.
• Support regulatory examinations, inquiries, and interactions with regulators, outside counsel, and industry organizations, as appropriate.

Required Qualifications

• Juris Doctor degree from an accredited law school.
• Strong expertise in the Investment Adviser's Act of 1940, state securities and investment management statutes and regulations (i.e. Regulation Best Interest and FINRA), and applicable self-regulatory organization rules.
• 5+ years of experience as a practicing attorney supporting retail advice offerings in the financial services industry.
• Ability to influence, gain credibility and develop strong working relationships with business partners and external constituencies.
• Knowledge of applicable regulatory and industry trends.
• Strong business acumen and ability to provide practical, risk-based legal advice.
• Excellent communication, relationship-management, and collaboration skills.

Strong Judgment, Analytical Capabilities, And Problem-solving Skills.

Admitted to practice law in Minnesota, North Carolina, or eligible for admission as in-house counsel.

Preferred Qualifications

• Experience with ERISA requirements applicable to retail advisory offerings.
• Experience supporting SEC, state, FINRA, or other regulatory examinations, inquiries, or enforcement matters.
• Experience supporting managed account platforms, dual registrant business models, or complex advisory offerings.
• Experience partnering with business partners on strategic initiatives.
• Experience Mentoring Paralegals Or Other Legal Professionals.

Visa SponsorshipApplicants 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).

In-Office Collaboration

We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders - clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.

Base Pay Salary

The estimated base salary for this role is $150,000 - $225,000/ 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 GCO General Counsel's Organization 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.