ESSA Selects Ameriprise Financial Services, LLC as its new broker-dealer to expand its investment services program
Ameriprise Financial announced that ESSA Bank & Trust has transitioned its investment management program, ESSA Investment Services, to Ameriprise Financial Institutions Group (AFIG). ESSA joins AFIG from Cetera. The Stroudsburg, PA-based bank employs three financial advisors who manage $218 million in brokerage assets. Through the new relationship, AFIG will support the financial advisors in providing ESSA clients with personalized advice and investment solutions. AFIG partners with community banks and credit unions to help their clients reach their financial goals.
“We’re excited that ESSA has selected Ameriprise as its broker-dealer partner and look forward to leveraging our expertise, digital capabilities and robust solutions to help them enhance their investment services,” said Jay McAnelly, Group Vice President, AFIG. “Ameriprise has helped millions of individuals, families and business owners reach their financial goals, and we look forward to working side-by-side with ESSA to do the same for its clients.”
AFIG will provide ESSA access to a full range of financial planning services and products including retirement, estate and college planning, brokerage accounts and investment products.
“We decided to move to Ameriprise because of its personalized approach to serving clients’ unique needs, robust resources, and solid reputation,” Peter A. Gray, Executive Vice President & Chief Banking Officer at ESSA Bank & Trust.