Curated News
By: NewsRamp Editorial Staff
August 05, 2025
ChoiceOne Bank Partners with Ameriprise Financial to Enhance Wealth Management Services
TLDR
- ChoiceOne Bank partners with Ameriprise Financial to enhance its wealth management services, offering clients a competitive edge with expanded investment opportunities and personalized advice.
- ChoiceOne Bank transitions its investment program to Ameriprise Financial Institution Group, now operating as ChoiceOne Wealth Management, managing $780 million in assets with 10 financial advisors.
- This partnership between ChoiceOne Bank and Ameriprise Financial aims to improve financial well-being in Michigan communities by providing tailored financial planning and robust investment products.
- Discover how ChoiceOne Bank's shift to Ameriprise Financial brings innovative digital capabilities and a seamless wealth management experience to Michigan residents.
Impact - Why it Matters
This partnership is a testament to the evolving landscape of financial services, where local banks are joining forces with national financial advisory firms to offer more comprehensive and personalized financial planning and investment services. For clients of ChoiceOne Bank, this means access to a broader range of financial products and services, enhanced by Ameriprise's expertise and resources. It reflects a growing emphasis on providing tailored financial solutions that meet the diverse needs of individuals, ensuring they have the support and tools necessary to achieve their financial goals. This collaboration not only benefits current clients but also sets a precedent for how financial institutions can innovate and expand their offerings to better serve their communities.
Summary
In a significant move for financial services in Michigan, ChoiceOne Bank has partnered with Ameriprise Financial to transition its investment program to the Ameriprise Financial Institution Group (AFIG), now operating under the name ChoiceOne Wealth Management. This collaboration involves 10 financial advisors and two support staff managing approximately $780 million in assets, aiming to enhance the wealth management experience for clients across Michigan. The partnership promises access to personalized financial advice, robust investment products, and advanced digital capabilities, ensuring a seamless service tailored to individual needs.
Rob Jamula, Senior Vice President of ChoiceOne Wealth Management, highlighted the alignment with their commitment to local banking excellence and the anticipation of leveraging Ameriprise's industry expertise. Jay McAnelly of Ameriprise Financial Institutions Group expressed pride in supporting ChoiceOne's legacy of community service, emphasizing the delivery of exceptional wealth management services. This strategic move underscores the growing trend of financial institutions partnering with specialized firms to offer comprehensive financial solutions, reinforcing the importance of accessible, high-quality financial advice and investment opportunities for individuals.
Source Statement
This curated news summary relied on content disributed by citybiz. Read the original source here, ChoiceOne Bank Partners with Ameriprise Financial to Enhance Wealth Management Services
