Latest news with #AmeripriseFinancial
Globe and Mail
a day ago
- Business
- Globe and Mail
Ameriprise Financial Welcomes Two Advisors with Over $150 Million in Assets From Commonwealth Financial
Ameriprise Financial, Inc. (NYSE: AMP) recently welcomed two financial advisors to its independent channel with more than $150 million in combined client assets from Commonwealth Financial Network. Chris Theis, CKA ®, FPQP ®, based in Millsboro, Delaware, and Michael Thomas, based in Hamilton, Montana, separately made the decision to join Ameriprise following Commonwealth's acquisition by LPL Financial. The additions underscore Ameriprise's continued momentum in attracting talented advisors amid industry transitions. Theis joins Ameriprise for greater support and boutique feel Theis, who manages over $100 million in client assets, was looking for a firm that offered strong support and a personalized experience. He found Ameriprise to be the best fit. 'I chose Ameriprise because it offers the boutique feel I was looking for, backed by the depth of resources needed to support my practice,' said Theis. 'The firm's client-centric value proposition also closely aligns with my own approach to serving clients.' 'The strength of the Ameriprise leadership team also stood out immediately. From the first meeting, it was clear they were experienced, responsive and genuinely invested in helping advisors succeed,' Theis added. Theis is joined by Client Service Associate and Operations Lead Kristi Osborn. The team is supported locally by Ameriprise Franchise Field Vice President Athena McGuire and Ameriprise Regional Vice President Thomas North. Separately, Thomas joins Ameriprise with over $50 million in client assets. After evaluating 15 firms, Thomas found Ameriprise to be unmatched in professionalism, practice management and technology. 'I had reached a point where I needed help managing the growth of my practice,' said Thomas. 'Ameriprise's practice management team has real experience and a proven track record. Their technology is integrated and client-focused, which means less time on paperwork and more time serving my clients.' 'Looking ahead, I'm excited to grow my business through practice acquisitions and by hiring junior advisors,' added Thomas. 'While I've always been a solo advisor, in just a short time at Ameriprise, I've already hired an administrative assistant and expanded my office, thanks to the support and guidance from the firm's transition and practice management teams.' 'While transitions can be challenging, joining Ameriprise has proven to be the best decision for my practice,' said Thomas. Thomas is supported locally by Ameriprise Franchise Field Vice President David Call and Ameriprise Regional Vice President Marcus Ranger. 'Chris and Michael are great examples of the kind of advisors who thrive at Ameriprise – those looking for a firm that combines personalized support with the scale and resources to grow their practices,' said Brian Mora, Senior Vice President of Experienced Advisor Recruiting at Ameriprise. 'Our value proposition is built around helping advisors accelerate growth, deepen client relationships and leverage a robust infrastructure backed by leaders who are deeply invested in their success. We're proud to welcome them to the team.' Ameriprise has continued to attract experienced, productive financial advisors, with approximately 1,700 joining the firm in the last 5 years. 1 To find out why experienced financial advisors are joining Ameriprise, visit About the Ameriprise Ultimate Advisor Partnership The Ameriprise Ultimate Advisor Partnership offers a differentiated experience for advisors that helps them accelerate growth while delivering an excellent client experience. Combined with the company's culture of support and independence, the Ultimate Advisor Partnership enables advisors to scale their businesses, deepen client relationships and drive referrals for future growth. About Ameriprise Financial At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 130 years 2. With extensive investment advice, global asset management capabilities and insurance solutions, and a nationwide network of more than 10,000 financial advisors, we have the strength and expertise to serve the full range of individual and institutional investors' financial needs. ### 1 Ameriprise Financial Q4 2024 Earnings Release. 2 Company founded June 29, 1894 Ameriprise Financial cannot guarantee future financial results. Ameriprise Financial Services, LLC is an Equal Opportunity Employer. Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the CFP ® certification mark, the CERTIFIED FINANCIAL PLANNER™ certification mark, and the CFP ® certification mark (with plaque design) logo in the United States, which it authorizes use of by individuals who successfully complete CFP Board's initial and ongoing certification requirements. Investment products are not insured by the FDIC, NCUA or any federal agency, 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. Investment advisory products and services are made available through Ameriprise Financial Services, LLC, a registered investment adviser. Securities offered by Ameriprise Financial Services, LLC. Member FINRA and SIPC.
Business Wire
a day ago
- Business
- Business Wire
Ameriprise Financial Welcomes Two Advisors with Over $150 Million in Assets From Commonwealth Financial
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) recently welcomed two financial advisors to its independent channel with more than $150 million in combined client assets from Commonwealth Financial Network. Chris Theis, CKA ®, FPQP ®, based in Millsboro, Delaware, and Michael Thomas, based in Hamilton, Montana, separately made the decision to join Ameriprise following Commonwealth's acquisition by LPL Financial. The additions underscore Ameriprise's continued momentum in attracting talented advisors amid industry transitions. Theis joins Ameriprise for greater support and boutique feel Theis, who manages over $100 million in client assets, was looking for a firm that offered strong support and a personalized experience. He found Ameriprise to be the best fit. 'I chose Ameriprise because it offers the boutique feel I was looking for, backed by the depth of resources needed to support my practice,' said Theis. 'The firm's client-centric value proposition also closely aligns with my own approach to serving clients.' 'The strength of the Ameriprise leadership team also stood out immediately. From the first meeting, it was clear they were experienced, responsive and genuinely invested in helping advisors succeed,' Theis added. Theis is joined by Client Service Associate and Operations Lead Kristi Osborn. The team is supported locally by Ameriprise Franchise Field Vice President Athena McGuire and Ameriprise Regional Vice President Thomas North. Practice management and integrated technology draws Thomas to Ameriprise Separately, Thomas joins Ameriprise with over $50 million in client assets. After evaluating 15 firms, Thomas found Ameriprise to be unmatched in professionalism, practice management and technology. 'I had reached a point where I needed help managing the growth of my practice,' said Thomas. 'Ameriprise's practice management team has real experience and a proven track record. Their technology is integrated and client-focused, which means less time on paperwork and more time serving my clients.' 'Looking ahead, I'm excited to grow my business through practice acquisitions and by hiring junior advisors,' added Thomas. 'While I've always been a solo advisor, in just a short time at Ameriprise, I've already hired an administrative assistant and expanded my office, thanks to the support and guidance from the firm's transition and practice management teams.' 'While transitions can be challenging, joining Ameriprise has proven to be the best decision for my practice,' said Thomas. Thomas is supported locally by Ameriprise Franchise Field Vice President David Call and Ameriprise Regional Vice President Marcus Ranger. 'Chris and Michael are great examples of the kind of advisors who thrive at Ameriprise – those looking for a firm that combines personalized support with the scale and resources to grow their practices,' said Brian Mora, Senior Vice President of Experienced Advisor Recruiting at Ameriprise. 'Our value proposition is built around helping advisors accelerate growth, deepen client relationships and leverage a robust infrastructure backed by leaders who are deeply invested in their success. We're proud to welcome them to the team.' Ameriprise has continued to attract experienced, productive financial advisors, with approximately 1,700 joining the firm in the last 5 years. 1 To find out why experienced financial advisors are joining Ameriprise, visit About the Ameriprise Ultimate Advisor Partnership The Ameriprise Ultimate Advisor Partnership offers a differentiated experience for advisors that helps them accelerate growth while delivering an excellent client experience. Combined with the company's culture of support and independence, the Ultimate Advisor Partnership enables advisors to scale their businesses, deepen client relationships and drive referrals for future growth. About Ameriprise Financial At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 130 years 2. With extensive investment advice, global asset management capabilities and insurance solutions, and a nationwide network of more than 10,000 financial advisors, we have the strength and expertise to serve the full range of individual and institutional investors' financial needs. ### 1 Ameriprise Financial Q4 2024 Earnings Release. 2 Company founded June 29, 1894 Ameriprise Financial cannot guarantee future financial results. Ameriprise Financial Services, LLC is an Equal Opportunity Employer. Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the CFP ® certification mark, the CERTIFIED FINANCIAL PLANNER™ certification mark, and the CFP ® certification mark (with plaque design) logo in the United States, which it authorizes use of by individuals who successfully complete CFP Board's initial and ongoing certification requirements. Investment products are not insured by the FDIC, NCUA or any federal agency, 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. Investment advisory products and services are made available through Ameriprise Financial Services, LLC, a registered investment adviser. Securities offered by Ameriprise Financial Services, LLC. Member FINRA and SIPC. ©2025 Ameriprise Financial, Inc. All rights reserved.
Business Wire
07-08-2025
- Business
- Business Wire
Ameriprise Attracts Advisor with More Than $120 Million in Assets for Sophisticated Solutions and Financial Planning Capabilities
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) announced today that financial advisor Vince Abio has joined S&T Financial Services, a financial advisory practice within the Ameriprise Financial Institutions Group (AFIG) located in Chester, Pa. The 28-year industry veteran was previously with Merrill Lynch where he managed more than $120 million in client assets. Abio chose to join Ameriprise and S&T Financial Services, which provides advice and investment services to S&T Bank clients in Pennsylvania and Ohio, after relocating to the East Coast with his wife. The move gave him an opportunity to reflect on the next chapter of his career and explore a new opportunity that would align with his goals and values. 'The combination of Ameriprise and S&T was the perfect fit,' said Abio. 'S&T is a strong, community-focused Bank with a clear vision for their retirement plan business, which is one of my areas of focus. Additionally, Ameriprise provides excellent financial planning capabilities and a trading platform with the scale and capabilities necessary to deliver sophisticated solutions to help my clients meet their goals.' 'The transition has been seamless,' added Abio. 'I'm excited to provide an elevated experience to my existing clients and offer meaningful advice on retirement plans to the local business and philanthropic community.' S&T Bank's investment program, S&T Financial Services, includes a team of 15 financial advisors and four support staff members who help clients manage over $1.4 billion in combined brokerage assets. The Ameriprise Financial Institutions Group team offers the strength and resources of Ameriprise Financial to help banks and credit unions enhance their client/member experience and deepen relationships with advice, financial planning, investment products, technology capabilities, advisor recruiting, coaching and support. To find out why experienced financial advisors and institutions are joining Ameriprise, visit About S&T Bancorp, Inc. and S&T Bank S&T Bancorp, Inc. is a $9.8 billion bank holding company that is headquartered in Indiana, Pennsylvania and trades on the NASDAQ Global Select Market under the symbol STBA. Its principal subsidiary, S&T Bank, was established in 1902 and operates in Pennsylvania and Ohio. For more information, visit or About Ameriprise Financial At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 130 years. With extensive investment advice, asset management and insurance capabilities and a nationwide network of approximately 10,000 financial advisors 1, we have the strength and expertise to serve the full range of individual and institutional investors' financial needs. 1 Ameriprise Financial Q4 2024 Earnings Release. Investment products are not insured by the FDIC, NCUA or any federal agency, 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. Ameriprise Financial Services partners with financial institutions to provide investment advisory, brokerage and insurance services to their clients. This is a contractual relationship, which earns the financial institution compensation from Ameriprise for successful referrals. In most cases, the financial institution also receives a majority of the commissions and fees generated by Ameriprise financial advisors for the services noted above. This applies as long as the referred client maintains a relationship with Ameriprise. Non-licensed employees of the financial institutions may receive incentives from their employer for referring clients to Ameriprise. These incentives create a conflict of interest. Ameriprise Financial cannot guarantee future financial results. S&T Financial Services is a financial advisory practice of Ameriprise Financial Services, LLC. Ameriprise Financial and S&T Bank are not affiliated. Investment advisory products and services are made available through Ameriprise Financial Services, LLC, a registered investment adviser. Securities offered by Ameriprise Financial Services, LLC. Member FINRA and SIPC. © 2025 Ameriprise Financial, Inc. All rights reserved.
Yahoo
04-08-2025
- Business
- Yahoo
ChoiceOne Bank Selects Ameriprise Financial to Manage its Investment Program
Partnership gives ChoiceOne Wealth Management clients' access to impressive suite of solutions and services offered by Ameriprise Financial MINNEAPOLIS, August 04, 2025--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) today announced ChoiceOne Bank, a bank holding company headquartered in Sparta, Mich., with 56 branches across the state of Michigan and more than $4.3 billion in assets, has transitioned its investment program to the Ameriprise Financial Institution Group (AFIG) from Osaic Institutions, Inc. The bank's investment program now operates under the name ChoiceOne Wealth Management, a financial advisory practice of Ameriprise Financial Services, LLC. The program includes 10 financial advisors and two support staff members who help clients manage approximately $780 million in assets across the state of Michigan.1 "This new partnership with the Ameriprise Financial Institutions Group aligns with our ongoing efforts to deliver high-quality financial services while maintaining our commitment to local banking excellence," said Rob Jamula, Senior Vice President, ChoiceOne Wealth Management. "We look forward to leveraging the deep industry expertise and resources of Ameriprise to offer our clients expanded investment opportunities and an even more seamless wealth management experience." Through Ameriprise Financial, ChoiceOne clients will have access to a full range of leading services and solutions including: Personalized advice and financial planning capabilities tailored to their individual needs. Robust investment products to help them achieve their financial goals with more confidence. Digital capabilities that allow clients to connect with their advisors where and how they want – face-to-face, online, video or phone meetings. "We're excited to welcome ChoiceOne Bank to Ameriprise Financial and support their continued effort to deliver outstanding investment and advisory services to clients," said Jay McAnelly, Group Vice President, Ameriprise Financial Institutions Group. "ChoiceOne has a strong legacy of serving communities with excellence across the state of Michigan, and we're proud to partner with them to deliver an exceptional wealth management experience backed by industry-leading capabilities." About ChoiceOne ChoiceOne Financial Services, Inc. is a financial holding company headquartered in Sparta, Michigan, with assets over $4 billion, and the parent corporation of ChoiceOne Bank. Member FDIC. ChoiceOne Bank operates 56 offices in West, Central, and Southeast Michigan. ChoiceOne Bank offers insurance and investment products through its subsidiary, ChoiceOne Insurance Agencies, Inc. ChoiceOne Financial Services, Inc. common stock is quoted on the Nasdaq Capital Market under the symbol "COFS." For more information, please visit Investor Relations at ChoiceOne's website About Ameriprise Financial At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 130 years. With extensive investment advice, asset management and insurance capabilities and a nationwide network of approximately 10,000 financial advisors2, we have the strength and expertise to serve the full range of individual and institutional investors' financial needs. About Ameriprise Financial Institutions Group (AFIG) With more than 30 years3 serving the investment program needs of banks and credit unions, Ameriprise Financial Institutions Group brings a depth of understanding, experience, and knowledge to the financial institutions space – helping deliver value for clients/members while driving revenue for the financial institutions. To find out why financial institutions are partnering with Ameriprise Financial, visit Ameriprise Financial Services has a partnership with this financial institution to provide financial planning services and solutions to clients. The financial institution is not an investment client of Ameriprise but has a revenue sharing relationship with us that creates a conflict of interest. 1 ChoiceOne Bank merged with The State Bank in March 2025. The investment program at The State Bank consolidated with and into ChoiceOne Wealth Management – bringing the combined AUM of the program to $780M. 2 Ameriprise Financial Q4 2024 Earnings Release. 3 Investment Professionals, Inc (IPI) was founded in 1992 and specialized in the on-site delivery of investment programs for financial institutions. Ameriprise Financial, Inc. acquired IPI in 2017, bringing together the years of experience of the two organizations. 1 ChoiceOne Bank merged with The State Bank in March 2025. The investment program at The State Bank consolidated with and into ChoiceOne Wealth Management – bringing the combined AUM of the program to $780M. Investment products are not insured by the FDIC, NCUA or any federal agency, 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. Ameriprise Financial Services partners with financial institutions to provide investment advisory, brokerage and insurance services to their clients. This is a contractual relationship, which earns the financial institution compensation from Ameriprise for successful referrals. In most cases, the financial institution also receives a majority of the commissions and fees generated by Ameriprise financial advisors for the services noted above. This applies as long as the referred client maintains a relationship with Ameriprise. Non-licensed employees of the financial institutions may receive incentives from their employer for referring clients to Ameriprise. These incentives create a conflict of interest. Ameriprise Financial cannot guarantee future financial results. ChoiceOne Wealth Management is a financial advisory practice of Ameriprise Financial Services, LLC. Ameriprise Financial and ChoiceOne Bank are not affiliated. Investment advisory products and services are made available through Ameriprise Financial Services, LLC, a registered investment adviser. Securities offered by Ameriprise Financial Services, LLC. Member FINRA and SIPC. © 2025 Ameriprise Financial, Inc. All rights reserved. View source version on Contacts Contact: Ali Harries, Media Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
04-08-2025
- Business
- Globe and Mail
ChoiceOne Bank Selects Ameriprise Financial to Manage its Investment Program
Ameriprise Financial, Inc. (NYSE: AMP) today announced ChoiceOne Bank, a bank holding company headquartered in Sparta, Mich., with 56 branches across the state of Michigan and more than $4.3 billion in assets, has transitioned its investment program to the Ameriprise Financial Institution Group (AFIG) from Osaic Institutions, Inc. The bank's investment program now operates under the name ChoiceOne Wealth Management, a financial advisory practice of Ameriprise Financial Services, LLC. The program includes 10 financial advisors and two support staff members who help clients manage approximately $780 million in assets across the state of Michigan. 1 'This new partnership with the Ameriprise Financial Institutions Group aligns with our ongoing efforts to deliver high-quality financial services while maintaining our commitment to local banking excellence,' said Rob Jamula, Senior Vice President, ChoiceOne Wealth Management. 'We look forward to leveraging the deep industry expertise and resources of Ameriprise to offer our clients expanded investment opportunities and an even more seamless wealth management experience.' Through Ameriprise Financial, ChoiceOne clients will have access to a full range of leading services and solutions including: Personalized advice and financial planning capabilities tailored to their individual needs. Robust investment products to help them achieve their financial goals with more confidence. Digital capabilities that allow clients to connect with their advisors where and how they want – face-to-face, online, video or phone meetings. 'We're excited to welcome ChoiceOne Bank to Ameriprise Financial and support their continued effort to deliver outstanding investment and advisory services to clients,' said Jay McAnelly, Group Vice President, Ameriprise Financial Institutions Group. 'ChoiceOne has a strong legacy of serving communities with excellence across the state of Michigan, and we're proud to partner with them to deliver an exceptional wealth management experience backed by industry-leading capabilities.' About ChoiceOne ChoiceOne Financial Services, Inc. is a financial holding company headquartered in Sparta, Michigan, with assets over $4 billion, and the parent corporation of ChoiceOne Bank. Member FDIC. ChoiceOne Bank operates 56 offices in West, Central, and Southeast Michigan. ChoiceOne Bank offers insurance and investment products through its subsidiary, ChoiceOne Insurance Agencies, Inc. ChoiceOne Financial Services, Inc. common stock is quoted on the Nasdaq Capital Market under the symbol 'COFS.' For more information, please visit Investor Relations at ChoiceOne's website About Ameriprise Financial At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 130 years. With extensive investment advice, asset management and insurance capabilities and a nationwide network of approximately 10,000 financial advisors 2, we have the strength and expertise to serve the full range of individual and institutional investors' financial needs. About Ameriprise Financial Institutions Group (AFIG) With more than 30 years 3 serving the investment program needs of banks and credit unions, Ameriprise Financial Institutions Group brings a depth of understanding, experience, and knowledge to the financial institutions space – helping deliver value for clients/members while driving revenue for the financial institutions. To find out why financial institutions are partnering with Ameriprise Financial, visit Ameriprise Financial Services has a partnership with this financial institution to provide financial planning services and solutions to clients. The financial institution is not an investment client of Ameriprise but has a revenue sharing relationship with us that creates a conflict of interest. 1 ChoiceOne Bank merged with The State Bank in March 2025. The investment program at The State Bank consolidated with and into ChoiceOne Wealth Management – bringing the combined AUM of the program to $780M. 2 Ameriprise Financial Q4 2024 Earnings Release. 3 Investment Professionals, Inc (IPI) was founded in 1992 and specialized in the on-site delivery of investment programs for financial institutions. Ameriprise Financial, Inc. acquired IPI in 2017, bringing together the years of experience of the two organizations. 1 ChoiceOne Bank merged with The State Bank in March 2025. The investment program at The State Bank consolidated with and into ChoiceOne Wealth Management – bringing the combined AUM of the program to $780M. Investment products are not insured by the FDIC, NCUA or any federal agency, 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. Ameriprise Financial Services partners with financial institutions to provide investment advisory, brokerage and insurance services to their clients. This is a contractual relationship, which earns the financial institution compensation from Ameriprise for successful referrals. In most cases, the financial institution also receives a majority of the commissions and fees generated by Ameriprise financial advisors for the services noted above. This applies as long as the referred client maintains a relationship with Ameriprise. Non-licensed employees of the financial institutions may receive incentives from their employer for referring clients to Ameriprise. These incentives create a conflict of interest. Ameriprise Financial cannot guarantee future financial results. ChoiceOne Wealth Management is a financial advisory practice of Ameriprise Financial Services, LLC. Ameriprise Financial and ChoiceOne Bank are not affiliated. Investment advisory products and services are made available through Ameriprise Financial Services, LLC, a registered investment adviser. Securities offered by Ameriprise Financial Services, LLC. Member FINRA and SIPC. © 2025 Ameriprise Financial, Inc. All rights reserved.
