Ameriprise lands $1.5B powerhouse group from UBS
Ameriprise has extended its advisory network yet again as another advisor team joins the broker-dealer from UBS, this time in the Lone Star State.
Q5 Wealth Management, a Texas-based financial advisory team overseeing $1.5 billion in client assets, has transitioned to Ameriprise Financial from UBS Financial Services. The team, which operates out of Beaumont and Houston, includes financial advisors Omar Bitar, Jeremy Saba, Mike Persia, Ed Persia, and Brad Klein.
The Q5 Wealth Management team also includes investment specialists Kevin Wagner and Ashley Carter, along with a dedicated client service and concierge staff. They’ll be overseen and supported by Ameriprise Regional Vice President Tres Rouquette.
The team selected Ameriprise for its extensive resources, including its digital capabilities, as they look to scale their practice and better serve their high-net-worth clientele of individuals, families, and business owners.
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,” Persia said in a statement Tuesday.
Q5 Wealth Management specializes in complex financial scenarios, with a particular focus on retirement planning.
Persia, a 44-year veteran of the industry, added that the move was driven by a commitment to consistently evaluate and enhance the team’s business practices to ensure maximum value for their clients.
Saba also highlighted Ameriprise’s capabilities, sophisticated wealth platform, and products and services as tools to help Q5 “simplifying financial management for their clients.”
“It’s our job as advisors to make it as easy as possible for clients to manage their financial lives in a comprehensive way,” Saba said.
The move to
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