Pittsburgh-based Federated Hermes, Inc. announced it was partnering with AmeriServ Financial Bank to broaden investment opportunities for AmeriServ’s individual and institutional wealth management customers in western Pennsylvania.
As part of the alliance, AmeriServ Bank’s Wealth and Capital Management division and its investment advisory subsidiary, AmeriServ Wealth Advisors, will offer clients access to Federated Hermes’ investment research, resources, Portfolio Construction Solutions (PCS) and wealth management products. The alliance supports both companies’ focus on providing comprehensive financial services for individual and institutional clients in western PA, the organizations said.
“AmeriServ has always been dedicated to serving our community with personalized financial services,” David Finui, president of AmeriServ’s Wealth division, said. “By forming this alliance with Federated Hermes, we can now offer our customers best in class investment research and options, strengthening our ability to meet their personalized long-term financial goals.”
The alliance will expand financial access and empower regional customer with world-class investment strategies, the companies said. Additionally, it will allow the organizations to maintain their personalized service and community focus.
“This alliance represents a powerful opportunity to bring Federated Hermes’ globally recognized expertise in active investment strategies across asset classes to AmeriServ’s loyal customer base,” Peter Eisenbrandt, Federated Hermes executive vice president, national sales director, Intermediary Sales, said. “Together, we can provide innovative solutions that help clients achieve their financial goals.”