AmeriServ Bank Partners with Ameriprise Financial
AmeriServ Bank has transitioned its investment services program to Ameriprise Financial's Institution Group (AFIG), giving its clients access to Ameriprise's advice, product and digital capabilities. AmeriServ advisors manage roughly $525 million in client assets across Pennsylvania and Western Maryland, and the bank's wealth division oversees $2.8 billion in customer assets overall. Chairman J. Michael Adams, Jr.
Key figures
- Wealth aum
- $2.8 billion
- Total assets
- $1.45 billion
- Book value per share
- 7.18
- Client advised assets
- $525 million
AI analysis
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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.