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., now operating under the name ChoiceOne Wealth Management. This strategic partnership involves 10 financial advisors and two support staff members managing approximately $780 million in assets for clients across Michigan.

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, offering clients personalized financial advice, robust investment products, and digital capabilities for flexible advisor-client interactions.

Ameriprise Financial's Jay McAnelly expressed enthusiasm about welcoming ChoiceOne Bank, noting the bank's strong legacy in Michigan communities. The partnership aims to enhance the wealth management experience for ChoiceOne clients, supported by Ameriprise's leading services and solutions.

This transition marks a pivotal moment for ChoiceOne Bank as it seeks to expand its financial advisory services. Clients will now have access to a broader range of investment opportunities and tools designed to meet their individual financial goals. For more information on Ameriprise Financial's services, visit https://www.ameriprise.com.