Wisconsin $120M advisor joins established Ameriprise independent practice
A financial advisor has made the move from Raymond James to Ameriprise, joining one of the latter’s most well-established independent practices.
Karen DeBaker, CFP, joins Threshold Financial Partners with 10 years of experience and $120 million in assets under management, and says her decision was based on careful analysis of the options and a desire to have the resources and capabilities she needs to serve clients more comprehensively.
“I considered several broker-dealers, but Ameriprise and the team at Threshold Financial Partners were a cut above the rest,” she said. “I felt a great sense of ease after meeting with the team. We share an unwavering commitment to put clients at the forefront of everything we do. Ameriprise offers unparalleled support and resources that will help elevate the way I serve clients.”
DeBaker will work with the team in De Pere, Wisconsin which is led by Carey Somerville and supported locally by Ameriprise franchise field vice president Brad Sabol and Ameriprise regional vice president Michael Lawson.
“We are thrilled to welcome Karen to Ameriprise,” said Somerville. “Her steadfast values and ability to connect with clients will undoubtably enhance our practice. I’m excited to see what we can accomplish together.”
Ameriprise has seen a strong increase in AUM over the past few weeks including a $1.5 billion elite five-advisor team from UBS with a focus on HNW clients and retirement planning in Texas, and a veteran UBS advisor in Minnesota managing $150 million.
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