Randolph-Brooks Federal Credit Union (RBFCU) has chosen Ameriprise Financial Institutions Group (AFIG) to expand its financial planning offering, according to an announcement today from Ameriprise Financial.

The Live Oak, Texas-based RBFCU is expected to transition its investment program, RBFCU Investments Group, to the AFIG platform from CUNA Mutual by the end of the year, the release said.

RBFCU serves more than 950,000 members and has 61 branch locations throughout the state. Its investment program comprises 14 financial advisors, who manage about $800 million in combined brokerage assets, the release said.

“Ultimately, this partnership will support RBFCU’s growing footprint and provide the digital tools necessary to elevate our client experience within the financial program,” Edward Bronnenberg, senior vice president of the Credit Union Service Organizations at RBFCU, said in a prepared statement.

The Minneapolis-based Ameriprise formed its financial institutions group in 2017, after acquiring Investment Professionals Inc. (IPI). AFIG partners with community banks and credit unions to help their clients reach their goals through financial planning and investment solutions, the release said.

In March, Ameriprise announced that Idaho Central Credit Union (ICCU), the state’s largest credit union, selected AFIG as its broker-dealer and leveraged its platform to establish a wealth management program.

The partnership with RBFCU, the release noted, will provide RBFCU members with a range of services including personalized advice and financial planning and investment solutions, and digital capabilities that allow members to connect with their advisors.