Elite Team Managing $1.5 Billion in Assets Joins Ameriprise Financial for Sophisticated Resources to Take Their Practice to the Next Level
August 13 2024 - 10:00AM
Business Wire
The team of five financial advisors say
their high-net-worth clients will benefit from Ameriprise’s
innovative and fully integrated digital capabilities
Q5 Wealth Management, a financial advisory team managing
$1.5 billion in client assets in Beaumont and Houston, Texas,
recently joined the independent channel of Ameriprise Financial,
Inc. (NYSE: AMP) from UBS Financial Services, Inc. Financial
advisors Omar Bitar, Jeremy Saba, Mike Persia, Ed Persia,
and Brad Klein conducted an extensive search for a new
broker-dealer and chose Ameriprise for the firm’s robust resources
to elevate their high-net-worth clients’ experience and
significantly scale their practice. Specifically, the advisors were
energized by Ameriprise’s innovative and fully integrated digital
capabilities that will make it more efficient to consistently
exceed clients’ expectations.
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Reflecting on the move, Mike Persia said, “Clients are
the core of everything we do, and they trust us to provide advice
that propels them to reach their unique goals in life. Our team
continually evaluates the way we’re doing business to ensure we’re
delivering them the highest value. We saw an opportunity with
Ameriprise to enhance our client offering and better position our
practice for future growth.”
Q5 Wealth Management serves high-net-worth clients across the
United States. The team specializes in advising on complex
financial situations for individuals planning for retirement,
families and business owners. “It’s our job as advisors to make it
as easy as possible for clients to manage their financial lives in
a comprehensive way,” Jeremy Saba added. “Ameriprise
has leading capabilities that create efficiencies for clients and
our team, as well as a sophisticated wealth management platform
equipped with the products and services our clients want and
need.”
The team chose to join Ameriprise’s independent channel because
it offered the right balance of tenured support from leadership and
flexibility to run their practice their way.
“We’re excited to welcome Q5 Wealth Management to our Ameriprise
network,” said Ameriprise Field Vice President Logan Clipp.
“Ameriprise is very thoughtful about the advisors we choose to
partner with because we put significant time and resources into
helping each one grow and serve clients exceptionally well. Omar,
Jeremy, Mike, Ed, and Brad exemplify what it means to run a
growth-focused, client-centric practice.”
Ameriprise Regional Vice President Tres Rouquette also
supports the team.
The team includes their supporting staff, Investment Specialists
Kevin Wagner and Ashley Carter, Client Service
Managers Sherri Thompson, Brandy Head and Taryn
King, and Client Concierge Dena McNiel.
Ameriprise has continued to attract experienced, productive
financial advisors, with more than 400 advisors moving their
practices to Ameriprise in 2023 and approximately 1,700 joining the
firm in the last 5 years.1 To find out why experienced financial
advisors are joining Ameriprise, visit ameriprise.com/why.
About the Ameriprise Ultimate Advisor Partnership
The Ameriprise Ultimate Advisor Partnership offers a
differentiated experience for advisors that helps them accelerate
growth while delivering an excellent client experience. Combined
with the company’s culture of support and independence, the
Ultimate Advisor Partnership enables advisors to scale their
businesses, deepen client relationships and drive referrals for
future growth.
About Ameriprise Financial
At Ameriprise Financial, we have been helping people feel
confident about their financial future for 130 years. With
extensive investment advice, asset management and insurance
capabilities and a nationwide network of approximately 10,000
financial advisors2, we have the strength and expertise to serve
the full range of individual and institutional investors' financial
needs.
Ameriprise Financial cannot guarantee future financial
results.
Ameriprise Financial Services, LLC is an Equal Opportunity
Employer.
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.
Securities offered by Ameriprise Financial Services, LLC. Member
FINRA and SIPC.
©2024 Ameriprise Financial, Inc. All rights reserved.
1 Ameriprise Financial 2023 10-K. 2 Ameriprise Financial Q2 2024
Earnings Release.
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version on businesswire.com: https://www.businesswire.com/news/home/20240813289340/en/
Alison Mueller, Media Relations 612.678.7183
alison.g.mueller@ampf.com
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