FUNDRAISING NEWS | August 14, 2024
Q5 Wealth Management, a financial advisory team managing $1.5 billion in client assets in Beaumont and Houston, Texas, has joined the independent channel of Ameriprise Financial from UBS Financial Services, Inc. The team, consisting of 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 its robust resources to enhance their high-net-worth clients’ experience and scale their practice. They were particularly impressed by Ameriprise’s innovative and integrated digital capabilities, which they believe will increase efficiency and help them consistently exceed client expectations.
Q5 Wealth Management specializes in advising on complex financial situations for individuals planning for retirement, as well as serving families and business owners across the U.S. Bitar, who began his career in 2007, and Saba, who started in 1998, both joined UBS from Morgan Stanley in 2015. Mike Persia, with a career dating back to 1980, and Ed Persia, who began in 2011, both came to UBS from Merrill Lynch in 2012, along with Klein, who started in 1991. The team’s diverse experience across leading financial institutions positions them well to continue delivering high-level advisory services at Ameriprise.
To view the press release, click here.
John Washington is the Data Research Analyst at Dakota.
