Partnership gives The State Bank clients access to impressive suite of solutions and services offered by Ameriprise Financial
Ameriprise Financial announced The State Bank, an independently owned bank with more than $1.75 billion in assets, has transitioned its investment program to the Ameriprise Financial Institution Group (AFIG) from Cetera Financial Group. The bank’s investment program operates under the name The State Wealth Advisors and includes a team of six financial advisors who help clients manage over $154 million in combined brokerage assets across 20 locations in Michigan.
“Communities across Michigan put their trust in The State Bank, and we’re honored to bring the outstanding wealth management capabilities of Ameriprise Financial to them.”
“Our new partnership with Ameriprise Financial is founded on our shared focus on providing an excellent client experience,” said Ronald Justice, President & CEO of The State Bank. “Ameriprise offers a robust, flexible technology platform and comprehensive financial solutions, which will help our advisors provide an even greater experience to the families, businesses and communities they serve.”
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Through Ameriprise Financial, The State Bank clients will have access to a full range of leading services and solutions including:
- Personalized advice and financial planning capabilities tailored to their individual needs.
- Robust investment products to help them achieve their financial goals.
- Digital capabilities that allow clients to connect with their advisors where and how they want—face-to-face, online, video or phone meetings.
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The State Wealth Advisors is led by program manager Tom Hufton, Vice President of Wealth Management and Trust Services at The State Bank. The team also includes financial advisors Luke Yocom, Sal Vanadia, Richard Clark, Chase Kallen, Dennis Richardson and Client Service Associate Linda Weinberg.
“We’re thrilled to partner with The State Bank to help their clients achieve their financial goals with more confidence,” said Jay McAnelly, Group Vice President, Ameriprise Financial Institutions Group. “Communities across Michigan put their trust in The State Bank, and we’re honored to bring the outstanding wealth management capabilities of Ameriprise Financial to them.”
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