Ameriprise Attracts Advisor with More Than $120 Million in Assets for Sophisticated Solutions and Financial Planning Capabilities
Vince Abio joins S&T Financial Services, a financial advisory practice within the Ameriprise Financial Institutions Group
Ameriprise Financial, Inc. (NYSE:AMP) announced today that financial advisor Vince Abio has joined S&T Financial Services, a financial advisory practice within the Ameriprise Financial Institutions Group (AFIG) located in Chester, Pa. The 28-year industry veteran was previously with Merrill Lynch where he managed more than $120 million in client assets.
Abio chose to join Ameriprise and S&T Financial Services, which provides advice and investment services to S&T Bank clients in Pennsylvania and Ohio, after relocating to the East Coast with his wife. The move gave him an opportunity to reflect on the next chapter of his career and explore a new opportunity that would align with his goals and values.
"The combination of Ameriprise and S&T was the perfect fit," said Abio. "S&T is a strong, community-focused Bank with a clear vision for their retirement plan business, which is one of my areas of focus. Additionally, Ameriprise provides excellent financial planning capabilities and a trading platform with the scale and capabilities necessary to deliver sophisticated solutions to help my clients meet their goals."
"The transition has been seamless," added Abio. "I'm excited to provide an elevated experience to my existing clients and offer meaningful advice on retirement plans to the local business and philanthropic community."
S&T Bank's investment program, S&T Financial Services, includes a team of 15 financial advisors and four support staff members who help clients manage over $1.4 billion in combined brokerage assets.
The Ameriprise Financial Institutions Group team offers the strength and resources of Ameriprise Financial to help banks and credit unions enhance their client/member experience and deepen relationships with advice, financial planning, investment products, technology capabilities, advisor recruiting, coaching and support. To find out why experienced financial advisors and institutions are joining Ameriprise, visit ameriprise.com/why.
About S&T Bancorp, Inc. and S&T Bank
S&T Bancorp, Inc. is a $9.8 billion bank holding company that is headquartered in Indiana, Pennsylvania and trades on the NASDAQ Global Select Market under the symbol STBA. Its principal subsidiary, S&T Bank, was established in 1902 and operates in Pennsylvania and Ohio. For more information, visit stbancorp.com or stbank.com.
About Ameriprise Financial
At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 130 years. With extensive investment advice, asset management and insurance capabilities and a nationwide network of approximately 10,000 financial advisors1, we have the strength and expertise to serve the full range of individual and institutional investors' financial needs.
1 Ameriprise Financial Q4 2024 Earnings Release.
Investment products are not insured by the FDIC, NCUA or any federal agency, are not deposits or obligations of, or guaranteed by any financial institution, and involve investment risks including possible loss of principal and fluctuation in value.
Ameriprise Financial Services partners with financial institutions to provide investment advisory, brokerage and insurance services to their clients. This is a contractual relationship, which earns the financial institution compensation from Ameriprise for successful referrals. In most cases, the financial institution also receives a majority of the commissions and fees generated by Ameriprise financial advisors for the services noted above. This applies as long as the referred client maintains a relationship with Ameriprise. Non-licensed employees of the financial institutions may receive incentives from their employer for referring clients to Ameriprise. These incentives create a conflict of interest.
Ameriprise Financial cannot guarantee future financial results.
S&T Financial Services is a financial advisory practice of Ameriprise Financial Services, LLC.
Ameriprise Financial and S&T Bank are not affiliated.
Investment advisory products and services are made available through Ameriprise Financial Services, LLC, a registered investment adviser.
Securities offered by Ameriprise Financial Services, LLC. Member FINRA and SIPC.
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Allison Harries, Media Relations
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