Q5 Wealth Management – a team of five financial advisors managing $1.5 billion in client assets in Houston and Beaumont, Texas – has recently expanded with the addition of financial advisor Scott Guptill, CFA. Q5 had joined the independent channel of Ameriprise Financial in August 2024 after transitioning from UBS Financial Services to significantly grow their practice by utilizing the sophisticated resources at Ameriprise.
Less than three months later, the team is capitalizing on the opportunities at Ameriprise with the addition of Guptill, who manages $100 million in client assets in Houston. He was previously registered with Morgan Stanley.
Guptill evaluated his practice goals for growth and decided to join a team and firm with the capabilities to elevate his high-net-worth clients’ experiences while also creating efficiencies. And Guptill was acquainted with financial advisors Mike and Ed Persia with Q5 for years. When Q5 moved to Ameriprise for similar reasons, Guptill took note of their successful transition and saw a compelling opportunity to join forces with them.
Q5 also includes financial advisors Omar Bitar, Jeremy Saba, Mike Persia, Ed Persia, and Brad Klein , as well as investment specialists Kevin Wagner and Ashley Carter, client service managers Sherri Thompson, Brandy Head and Taryn King, and client concierge Dena McNiel.
Ameriprise 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.
KEY QUOTES:
“Q5 is a world class team that is known for putting their clients first while making them feel special and confident in their ability to achieve their goals. We have similar values and growth goals. When I saw them move to Ameriprise, I was captivated by how quickly they were able to leverage Ameriprise’s innovative and integrated digital capabilities to better serve their clients. I’m looking forward to our future together.”
– Scott Guptill
“We want to grow our footprint and provide more life-changing financial advice to high-net-worth clients across the country. We’re pleased with our decision to move firms and combine with Scott because he runs an elite business and shares our vision of providing concierge-level service to clients.”
– Mike Persia
“It’s an honor to welcome Scott to Q5 Wealth Management and the firm. Q5 is off to a tremendous start with us, and it’s inspiring to support their growth. This is the heart of what Ameriprise is all about: helping advisors grow their practices at impressive rates through enhancing the experience and advice they’re delivering to clients.”
– Ameriprise Field Vice President Logan Clipp, who supports the team
