Topic: Ameriprise Financial BTC e-mail (Read 832 times)

No.  It used to be American Express Financial Advisors, but AMEX spun it off.



"Ameriprise Financial is the largest financial planning company in the United States[5] and is among the 25 largest asset managers in the world.[6] It is ranked 246 in the 2011 Fortune 500.[7]"

http://en.wikipedia.org/wiki/Ameriprise_Financial

Isn't Ameriprise one of those pyramid schemes where you sell junk securities to your friends and family?

I think I'll get a similar non-committal response, but am going to ask the question anyhow.  I figure if they're asking, something's moving.

Sounds very bullish.  Go adoption curve!

I am friends with Ameriprise # 1 guy in southern california.

I could ask him, but I can probably predict what he will say.  (he has no clue, and hasn't heard anything).

Stay tuned.

I received an unsolicited e-mail blast from my Ameriprise Financial guy this morning.

This is a portion of it:


"What if someone told you about an investment that has made some people millionaires overnight and has both a number of high-profile supporters and a global reach? Would you be tempted to invest? Now what if someone told you that the same investment also could lose most or all of its value almost overnight, and that you might not have access to your money when you need it? How does it sound now?

You've just confronted the debate surrounding the five-year-old digital phenomenon known as Bitcoin. An alternative currency that exists strictly as digital code, Bitcoin has received a lot of attention, especially in the last year. In part that's because speculation in Bitcoin has resulted in wild gyrations in its value.

Is Bitcoin an investment? A scam? A network of computers? The future of currency? If you're unclear on what all the fuss is about, here's a brief introduction to just what it is, how it works, and what's been happening in the Bitcoin world lately, as well as some of the potential pitfalls it presents"


I goes on to talk about some other stuff, that is more general in nature, which I won't post here.

I'm wondering if anyone else has gotten similar things from their financial advisors.  I've asked for clarification from my guy as to what Ameriprise's plans are, if any.  This could be a whole bunch of nothing or it could be Ameriprise gauging interest for a product launch.