North Island Credit Union Partners with Ameriprise Financial to Expand and Enhance its Investment Solutions
Ameriprise Financial (NYSE: AMP) has partnered with North Island Credit Union to enhance its investment solutions, managing $750 million in brokerage assets. The credit union, serving over 165,000 members in Southern California, has rebranded its investment group to North Island Credit Union Wealth Management. This partnership allows members to access personalized financial advice and a broad range of investment products through improved digital capabilities. Ameriprise aims to support the credit union's growth and member financial goals.
- Partnership with North Island Credit Union enhances investment solutions.
- North Island Credit Union manages $750 million in brokerage assets.
- Rebranding to North Island Credit Union Wealth Management increases market presence.
- Members gain access to personalized financial advice and diverse investment products.
- None.
Ameriprise Financial (NYSE: AMP) today announced that North Island Credit Union, a division of California Credit Union, has moved its investment program to the Ameriprise Financial Institutions Group (AFIG). Serving more than 165,000 members with 25 branches, the credit union selected the Ameriprise Financial platform to enhance and expand its investment solutions offering for its members. With 11 financial advisors across Southern California, the investment program currently manages
To reflect its newly expanded services, the credit union has rebranded its investment group to North Island Credit Union Wealth Management, a financial advisory practice of Ameriprise Financial Services, LLC.
“We’re always focused on finding new ways to deliver personalized products, convenient services, and leading technologies to support our members through every aspect of their financial journey. Our partnership with Ameriprise Financial significantly enhances our investment solutions, helping members achieve their goals through a broad array of investment products, an improved digital experience, and financial planning tailored to their unique needs,” said North Island Credit Union CEO Steve O’Connell. “We’re excited to share the many benefits of this partnership with our members, and we are confident we have the best possible expertise, technology and resources behind us with Ameriprise Financial.”
Through the partnership, North Island Credit Union members have access to personalized advice paired with financial planning solutions and robust investment products that are tailored to their individual needs and goals. Digital capabilities power the experience, enabling credit union members to connect with their financial advisors where and how they want – face-to-face, online, video or phone meetings.
“As a long-standing leader in financial planning, we’re thrilled to bring our powerful advice offering to North Island Credit Union,” said Jay McAnelly, Group Vice President, AFIG. “Our unique advice approach - combined with our breadth of investment products, digital tools, and end-to-end support -- will position North Island Credit Union to effectively help more of its members plan for the future.”
Ameriprise Financial formed its financial institutions channel after acquiring Investment Professionals, Inc. (IPI) in 2017. AFIG specializes in the on-site delivery of investment programs to banks and credit unions.
About North Island Credit Union, a division of California Credit Union
California Credit Union is a federally insured, state chartered credit union founded in 1933 that serves public or private school employees, community members and businesses across California. With more than 165,000 members and assets of over
About Ameriprise Financial
At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 125 years. With extensive advisory, asset management and insurance capabilities and a nationwide network of approximately 10,000 financial advisors, we have the strength and expertise to serve the full range of individual and institutional investors' financial needs. For more information, or to find an Ameriprise financial advisor, visit ameriprise.com.
Not Federally Insured |
No Financial Institution Guarantee |
May Lose Value |
Ameriprise Financial cannot guarantee future financial results.
Investment advisory products and services are made available through Ameriprise Financial Services, LLC, a registered investment adviser
Securities offered by Ameriprise Financial Services, LLC. Member FINRA and SIPC.
Ameriprise Financial and the financial institution are not affiliated.
© 2021 Ameriprise Financial, Inc. All rights reserved.
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FAQ
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