Huntington Bank has chosen Ameriprise Financial Institutions Group to provide brokerage, advisory, and insurance services for its wealth management unit, Huntington Financial Advisors. This partnership involves $28 billion in client assets and will give Huntington’s advisors access to better technology, financial planning resources, and investment opportunities. Ameriprise, through similar deals with other financial institutions, continues to strengthen its position in providing institutional financial services.
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Huntington Bank gives Ameriprise institutional unit $28B boost
Huntington Bank has chosen Ameriprise Financial Institutions Group to provide brokerage, advisory, and insurance services for its wealth management unit, Huntington Financial Advisors. This partnership involves $28 billion in client assets and will give Huntington’s advisors access to better technology, financial planning resources, and investment opportunities. Ameriprise, through similar deals with other financial institutions, continues to strengthen its position in providing institutional financial services.