On August 4, 2025, Ameriprise Financial, Inc. announced that ChoiceOne Bank, a bank holding company with over $4.3 billion in assets, transitioned its investment program to the Ameriprise Financial Institution Group (AFIG) from Osaic Institutions, Inc. The program, now operating as ChoiceOne Wealth Management, includes 10 financial advisors and two support staff managing approximately $780 million in client assets.
ChoiceOne Bank selected Ameriprise to align with its efforts to deliver high-quality financial services and leverage Ameriprise's deep industry expertise and resources. This partnership provides ChoiceOne clients with access to a full range of Ameriprise's leading services and solutions.
This major customer win significantly boosts Ameriprise's institutional client base and assets under management. The consolidation of The State Bank's investment program into ChoiceOne Wealth Management, following a March 2025 merger, further solidifies the combined AUM at $780 million.
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