What is a Ameriprise SPS Advantage account?

The Ameriprise SPS Advantage account is a type of investment account offered by Ameriprise Financial that focuses on providing clients with a range of investment options and financial planning services. It typically combines features of a brokerage account with advisory services, allowing for personalized investment strategies and access to various financial products. This account is designed to help clients manage their investments more effectively while receiving guidance from financial advisors.