{"id":870138,"date":"2025-08-04T14:03:50","date_gmt":"2025-08-04T18:03:50","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/choiceone-bank-selects-ameriprise-financial-to-manage-its-investment-program\/"},"modified":"2025-08-04T14:03:50","modified_gmt":"2025-08-04T18:03:50","slug":"choiceone-bank-selects-ameriprise-financial-to-manage-its-investment-program","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/choiceone-bank-selects-ameriprise-financial-to-manage-its-investment-program\/","title":{"rendered":"ChoiceOne Bank Selects Ameriprise Financial to Manage its Investment Program"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>ChoiceOne Bank Selects Ameriprise Financial to Manage its Investment Program<\/b><\/p>\n<p class=\"bwalignc\"><i>Partnership gives ChoiceOne Wealth Management clients\u2019 access to impressive suite of solutions and services offered by Ameriprise Financial<\/i><\/p>\n<p>MINNEAPOLIS&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nAmeriprise 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\u2019s 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.<sup>1<\/sup><\/p>\n<p>\n\u201cThis 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,\u201d said Rob Jamula, Senior Vice President, ChoiceOne Wealth Management. \u201cWe 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.\u201d<\/p>\n<p>\nThrough Ameriprise Financial, ChoiceOne clients will have access to a full range of leading services and solutions including:<\/p>\n<ul class=\"bwlistdisc\">\n<li><b>Personalized advice<\/b> and financial planning capabilities tailored to their individual needs.\n<\/li>\n<li><b>Robust investment products<\/b> to help them achieve their financial goals with more confidence.\n<\/li>\n<li><b>Digital capabilities<\/b> that allow clients to connect with their advisors where and how they want \u2013 face-to-face, online, video or phone meetings.\n<\/li>\n<\/ul>\n<p>\n\u201cWe\u2019re excited to welcome ChoiceOne Bank to Ameriprise Financial and support their continued effort to deliver outstanding investment and advisory services to clients,\u201d said Jay McAnelly, Group Vice President, Ameriprise Financial Institutions Group. \u201cChoiceOne has a strong legacy of serving communities with excellence across the state of Michigan, and we\u2019re proud to partner with them to deliver an exceptional wealth management experience backed by industry-leading capabilities.\u201d<\/p>\n<p><b>About ChoiceOne<\/b><\/p>\n<p>\nChoiceOne 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 \u201cCOFS.\u201d For more information, please visit Investor Relations at ChoiceOne\u2019s website <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fchoiceone.com%2F&amp;esheet=54302464&amp;newsitemid=20250804234678&amp;lan=en-US&amp;anchor=choiceone.com&amp;index=1&amp;md5=498d29a54584b3218579832d1734d51b\">choiceone.com<\/a>.<\/p>\n<p><b>About Ameriprise Financial<\/b><\/p>\n<p>\nAt <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.ameriprise.com%2F&amp;esheet=54302464&amp;newsitemid=20250804234678&amp;lan=en-US&amp;anchor=Ameriprise+Financial&amp;index=2&amp;md5=e31fec3717c1da9a706a6bd48a85fcee\">Ameriprise Financial<\/a>, 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<sup>2<\/sup>, we have the strength and expertise to serve the full range of individual and institutional investors&#8217; financial needs.<\/p>\n<p><b>About Ameriprise Financial Institutions Group (AFIG)<\/b><\/p>\n<p>\nWith more than 30 years<sup>3<\/sup> 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 \u2013 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 <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fameriprise.com%2Fafig&amp;esheet=54302464&amp;newsitemid=20250804234678&amp;lan=en-US&amp;anchor=ameriprise.com%2Fafig&amp;index=3&amp;md5=28312a287902d3ff0aeebef91aa12b98\">ameriprise.com\/afig<\/a>.<\/p>\n<p>\nAmeriprise 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.<\/p>\n<p><sup>1 <\/sup>ChoiceOne Bank merged with The State Bank in March 2025. The investment program at The State Bank consolidated with and into ChoiceOne Wealth Management \u2013 bringing the combined AUM of the program to $780M.<\/p>\n<p><sup>2<\/sup> Ameriprise Financial Q4 2024 Earnings Release.<\/p>\n<p><sup>3<\/sup> 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. <sup>1 <\/sup>ChoiceOne Bank merged with The State Bank in March 2025. The investment program at The State Bank consolidated with and into ChoiceOne Wealth Management \u2013 bringing the combined AUM of the program to $780M.<\/p>\n<p><b>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.<\/b><\/p>\n<p>\nAmeriprise 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.<\/p>\n<p>\nAmeriprise Financial cannot guarantee future financial results.<\/p>\n<p>\nChoiceOne Wealth Management is a financial advisory practice of Ameriprise Financial Services, LLC.<\/p>\n<p>\nAmeriprise Financial and ChoiceOne Bank are not affiliated.<\/p>\n<p>\nInvestment advisory products and services are made available through Ameriprise Financial Services, LLC, a registered investment adviser.<\/p>\n<p>\nSecurities offered by Ameriprise Financial Services, LLC. Member FINRA and SIPC.<\/p>\n<p>\n\u00a9 2025 Ameriprise Financial, Inc. All rights reserved.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250804234678r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250804234678\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250804234678\/en\/<\/a><\/span><\/p>\n<p><b>Contact:<br \/>\n<\/b><br \/>Ali Harries, Media Relations<br \/>\n<br \/>612-678-7035<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:allison.h.harries@ampf.com\">allison.h.harries@ampf.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Minnesota Michigan<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Consulting Banking Professional Services Asset Management Insurance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250804234678\/en\/749056\/3\/am_f_b_regular.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>ChoiceOne Bank Selects Ameriprise Financial to Manage its Investment Program Partnership gives ChoiceOne Wealth Management clients\u2019 access to impressive suite of solutions and services offered by Ameriprise Financial MINNEAPOLIS&#8211;(BUSINESS WIRE)&#8211; 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\u2019s 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 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/choiceone-bank-selects-ameriprise-financial-to-manage-its-investment-program\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ChoiceOne Bank Selects Ameriprise Financial to Manage its Investment Program&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-870138","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ChoiceOne Bank Selects Ameriprise Financial to Manage its Investment Program - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/choiceone-bank-selects-ameriprise-financial-to-manage-its-investment-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ChoiceOne Bank Selects Ameriprise Financial to Manage its Investment Program - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ChoiceOne Bank Selects Ameriprise Financial to Manage its Investment Program Partnership gives ChoiceOne Wealth Management clients\u2019 access to impressive suite of solutions and services offered by Ameriprise Financial MINNEAPOLIS&#8211;(BUSINESS WIRE)&#8211; 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\u2019s 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 &hellip; Continue reading &quot;ChoiceOne Bank Selects Ameriprise Financial to Manage its Investment Program&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/choiceone-bank-selects-ameriprise-financial-to-manage-its-investment-program\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-04T18:03:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250804234678r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/choiceone-bank-selects-ameriprise-financial-to-manage-its-investment-program\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/choiceone-bank-selects-ameriprise-financial-to-manage-its-investment-program\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"ChoiceOne Bank Selects Ameriprise Financial to Manage its Investment Program\",\"datePublished\":\"2025-08-04T18:03:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/choiceone-bank-selects-ameriprise-financial-to-manage-its-investment-program\\\/\"},\"wordCount\":917,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/choiceone-bank-selects-ameriprise-financial-to-manage-its-investment-program\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250804234678r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/choiceone-bank-selects-ameriprise-financial-to-manage-its-investment-program\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/choiceone-bank-selects-ameriprise-financial-to-manage-its-investment-program\\\/\",\"name\":\"ChoiceOne Bank Selects Ameriprise Financial to Manage its Investment Program - 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(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\u2019s 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 &hellip; Continue reading \"ChoiceOne Bank Selects Ameriprise Financial to Manage its Investment Program\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/choiceone-bank-selects-ameriprise-financial-to-manage-its-investment-program\/","og_site_name":"Market Newsdesk","article_published_time":"2025-08-04T18:03:50+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250804234678r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/choiceone-bank-selects-ameriprise-financial-to-manage-its-investment-program\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/choiceone-bank-selects-ameriprise-financial-to-manage-its-investment-program\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"ChoiceOne Bank Selects Ameriprise Financial to Manage its Investment Program","datePublished":"2025-08-04T18:03:50+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/choiceone-bank-selects-ameriprise-financial-to-manage-its-investment-program\/"},"wordCount":917,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/choiceone-bank-selects-ameriprise-financial-to-manage-its-investment-program\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250804234678r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/choiceone-bank-selects-ameriprise-financial-to-manage-its-investment-program\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/choiceone-bank-selects-ameriprise-financial-to-manage-its-investment-program\/","name":"ChoiceOne Bank Selects Ameriprise Financial to Manage its Investment Program - 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