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Well here’s a dummy view of the deal.
how many people actually know what the heck UTC is?
I can assure you, not even I know how to tell time in UTC. (without looking at a clock)
Very few clock utilize the military time method either. (24 hour clock instead of 12 hour)
In reality, there is no time thats 16:50 AM.
16:50 would be 4:50 PM.
AM nor PM is applied in the 24 hour method.
UTC likewise does not use AM or PM.
It’s really a station imagining standpoint.
Go with what you like better, both sound equally good in My opinion.
IMHO, AM 1650 would circle the station imaging around the frequency.
1650 AM, would center it around the stations Name,i.e. Mighty 1650. or News Talk 820 AM 96.7 FM.
Frequency followed by modulation tells you what channel the station is on, and what band, it’s more informative, and typically doesn’t distract you from the stations Brand.