Bank / Credit Union

Kinecta Federal Credit Union to move wealth management to Ameriprise Financial

April 16, 2024

Kinecta Federal Credit Union, based in Manhattan Beach, California, announced it will move support for its Kinecta Wealth Management program from LPL Financial to Ameriprise Financial Institutions Group. The program includes 20 financial advisors with more than $2 billion in assets, according to a press release.

With Ameriprise Financial, Kinecta clients will have access to personalized advice, financial planning, investment products and the ability to chat with advisors online, video or phone.

"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," Jay McAnelly, group VP, Ameriprise Financial Institutions Group, said in the release. "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."