Ameriprise Attracts Advisor with $250 Million in Assets to its Financial Institutions Channel for Enhanced Capabilities to Serve Clients

Ameriprise Financial, Inc. (NYSE: AMP) announced today that financial advisor Amanda Hale has moved her $250-million practice to the firm from PNC Investments in Port Arthur, Texas. Hale chose to join Third Coast Advisors, a financial advisory practice within the Ameriprise Financial Institutions Group (AFIG), which provides advice and investment services to Third Coast Bank branches across Southeast Texas.

“Ameriprise quickly became my top choice once I saw how efficient it was to do business here,” said Hale, who has 22 years of experience in the industry. “Clients love Ameriprise’s technology because account setup and ongoing service are simple and intuitive. I love it too – particularly the mobile client app, which is smartly designed and makes it easy and efficient to interact with clients anywhere, anytime.”

“Additionally, clients appreciate how they have access to a much broader product platform at Ameriprise – ensuring that they have the right set of investments and services to achieve their goals,” Hale added.

As for the partnership with Third Coast Bank, Hale credits mutual trust for their collective success. “I’ve known several members of the bank’s leadership team for many years. We’re already reaping the benefits of our shared commitment to helping clients reach their financial dreams.”

Hale’s practice includes client service associate and practice manager Jessica Guidroz. Hale is also the President of the Board of Directors for Family Services of Southeast Texas, an organization that strengthens and empowers families through accessible counseling services, shelter services, education, and advocacy.

Third Coast Advisors in growth mode
Third Coast Advisors launched its investment program in 2021 without any financial advisors in place. In partnership with the Ameriprise recruiting and leadership teams, the program has since brought on five experienced advisors with more than $1 billion in assets under management. The team’s significant growth is due to the longstanding relationships the advisors have with Third Coast Bank’s clients, the Bank’s reputation, and Ameriprise’s strong offering.

“We chose Ameriprise Financial as our investment program partner because the firm’s passion for personalized financial advice matches our own,” said Bart Caraway, Chairman, President and Chief Executive Officer of Third Coast Bank. “Our growth over the past two years has allowed us to help hundreds more Texans feel more confident about their financial future.”