Partnership gives Kinecta Wealth Management clients access to an impressive suite of solutions and services offered by Ameriprise Financial

Ameriprise Financial (NYSE: AMP) today announced Kinecta Federal Credit Union, a member-owned financial institution, will transition the support of Kinecta Wealth Management from LPL Financial to the Ameriprise Financial Institutions Group (AFIG). Kinecta Wealth Management includes approximately 20 financial advisors with more than $2 billion in assets with offices in California and New York. The conversion is expected to be complete by the end of 2024.

“Our new partnership with Ameriprise Financial allows us to offer an elevated level of service backed by powerful digital tools and technology to help our clients achieve their goals with greater confidence,” said Donna McNeely, President of Kinecta Financial Management Company. “We’re confident we’ll have top-notch expertise and resources behind us with Ameriprise, and we’re excited to bring new capabilities to our advisors and clients.”

Through Ameriprise Financial, Kinecta 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 with more confidence.

• Digital capabilities that allow them to connect with their financial advisors where and how they want — face-to-face, online, video or phone meetings.

“The team at Kinecta is deeply rooted and well respected in the communities they serve – and they saw an opportunity to make an even bigger impact on clients’ lives in partnership with Ameriprise,” said Jay McAnelly, Group Vice President, Ameriprise Financial Institutions Group. “Their decision to move to Ameriprise is a testament to our differentiated value proposition, the breadth of our services, and our commitment to providing an outstanding experience for clients.”

“We’re delighted to welcome Kinecta to the growing family of financial institutions that entrust Ameriprise with their wealth management platforms,” said Pat O’Connell, Executive Vice President and President of the Ameriprise Branch and Financial Institutions Channels. “Our future together is bright, and we look forward to extending our outstanding services and capabilities to Kinecta’s financial advisors and clients.”