Industry Veteran Tim Brown to Lead New Wealth Management Division
MANSFIELD, La. – February 14, 2025 – Community Bank of Louisiana has announced the launch of Community Wealth Services, a new wealth management program formed through a strategic partnership with Ameriprise Financial Services, LLC. The collaboration will provide comprehensive financial planning and investment solutions for clients, further enhancing the bank’s ability to meet the financial needs of its customers.
As part of the initiative, industry veteran Tim Brown has been appointed Senior Vice President and Program Manager to lead Community Wealth Services. Brown brings more than 40 years of experience from Wells Fargo Advisors and predecessor firms, offering deep expertise in investment advisory services.
“We were drawn to Ameriprise because of their technology platform, commitment to community banks, and client-first approach,” said Jayce Simpson, CEO of Community Bank of Louisiana. “We are thrilled to have Tim Brown at the helm of Community Wealth Services. His deep expertise and shared community values make him the ideal leader to help our clients—whether they are planning for their child’s college education, preparing for retirement, or managing their investments.”
Expanding Financial Services for Clients
Through its partnership with Ameriprise Financial, Community Wealth Services will provide customers with:
✅ Personalized financial planning solutions tailored to their individual needs.
✅ A diverse range of investment solutions designed to help clients achieve long-term financial goals.
✅ Advanced digital capabilities, enabling clients to connect with financial advisors through in-person meetings, video consultations, online tools, or phone appointments.
“Ameriprise has helped millions of individuals, families, and business owners navigate their financial journeys,” said Jay McAnelly, Group Vice President of Ameriprise Financial Institutions Group. “We are excited to bring our expertise, digital capabilities, and solutions to Community Wealth Services and help their clients achieve financial success.”
Tim Brown to Lead Community Wealth Services
Brown, an industry veteran, expressed enthusiasm for his new role. “Transitioning to this partnership with Community Bank of Louisiana and Ameriprise Financial brings me closer to the communities I serve,” he said. “Being able to develop a wealth management program within a bank that is truly committed to investment services is an incredible opportunity.”
Strategic Growth and Advisory Support
Community Bank of Louisiana enlisted Compass Consulting, a California-based advisory firm, to assist in the creation of Community Wealth Services.
About Community Bank of Louisiana
Founded in 1901, Community Bank of Louisiana has been locally owned and operated for more than 120 years, providing financial services tailored to the needs of North Louisiana residents. By focusing on relationship banking, the institution continues to support individuals, families, and businesses in the region.
About Ameriprise Financial
Ameriprise Financial has been helping clients feel more confident about their financial future for over 130 years. With 10,000 financial advisors nationwide, Ameriprise provides a full range of investment, financial planning, and insurance solutions for individuals and institutions.
Important Disclosures
Community Bank of Louisiana is not affiliated with Ameriprise Financial, Inc.
Securities and investment advisory products are offered through Ameriprise Financial Services, LLC, a registered investment adviser, and Member FINRA and SIPC.
Investment products are not FDIC-insured, may lose value, and are not guaranteed by any financial institution.
For more information about Community Wealth Services, visit Community Bank of Louisiana’s website.