ChoiceOne Bank Partners with Ameriprise Financial to Enhance Wealth Management Services

ChoiceOne Bank, a Michigan-based bank holding company with over $4.3 billion in assets, has announced a significant transition in its investment program management. The bank has moved its investment services to the Ameriprise Financial Institution Group (AFIG) from Osaic Institutions, Inc., rebranding the program as ChoiceOne Wealth Management. This strategic partnership involves 10 financial advisors and two support staff managing approximately $780 million in assets, offering clients a broader range of financial services and solutions.

Rob Jamula, Senior Vice President of ChoiceOne Wealth Management, highlighted the alignment of this partnership with the bank's commitment to delivering high-quality financial services. The collaboration with Ameriprise Financial is expected to leverage the latter's industry expertise and resources, enhancing the wealth management experience for ChoiceOne clients. Services now include personalized financial planning, robust investment products, and digital capabilities for flexible client-advisor interactions.

Jay McAnelly, Group Vice President at Ameriprise Financial Institutions Group, expressed enthusiasm about welcoming ChoiceOne Bank to Ameriprise, noting the bank's strong legacy in Michigan. This partnership underscores Ameriprise's capability to support financial institutions in delivering exceptional wealth management services, backed by its extensive experience and nationwide network of financial advisors.

For more information on Ameriprise Financial's services for financial institutions, visit https://ameriprise.com/afig. ChoiceOne Bank's commitment to local banking excellence, combined with Ameriprise's financial advisory strengths, promises to offer Michigan clients a comprehensive and tailored wealth management experience.