Strategic Portfolio Service (SPS) Advantage
SPS Advantage offers the convenience and flexibility of having investments together in one coordinated portfolio that can be allocated according to your investment needs.
Benefits
- Access to a wide spectrum of investment choices, including individual securities and more than 2,500 mutual funds
- A clearly presented view of your financial situation
- The opportunity to apply for margin loans at competitive rates1
- The option to add cash management features to your account via an Ameriprise ONE® Financial Account including checkwriting, debit cards, online bill pay and overdraft protection.
You might consider SPS Advantage if you
- Prefer to pay an asset-based fee instead of commissions or sales loads for each transaction
- Want a proactive relationship with your financial advisor that includes ongoing portfolio reviews
- Desire diversification with multiple fund families and/or individual securities
- Make periodic purchases or sales or otherwise trade in the account
- Have an investment time horizon of at least four years
1 Margin is not available on all holdings in SPS Advantage. Margin interest charges will be calculated based on a sliding scale of percentages added to or subtracted from a "base lending rate," set at American Enterprise Investment Services' discretion with reference to commercially recognized interest rates, industry conditions regarding the extension of margin credit and general credit conditions. This information is subject to change. Call (800) 297-7378 for current rates.
Ameriprise Strategic Portfolio Service (SPS) Advantage is offered by Ameriprise Financial Services, Inc., which is part of Ameriprise Financial, Inc. Brokerage, investment and financial advisory services are made available through Ameriprise Financial Services, Inc., Member FINRA and SIPC. The Ameriprise ONE Financial Account is a brokerage account with cash management features. A variety of managed accounts are offered by Ameriprise Financial Services, Inc. Please review the Ameriprise® Managed Accounts Client Disclosure Brochure (Schedule H of Form ADV Part II) for a full description of services offered, including fees and expenses.
Investment products are not federally or FDIC-insured, are not deposits or obligations of, or guaranteed by any financial institution, and involve investment risks including possible loss of principal and fluctuation in value.