Q5 Wealth Management expands with addition of Scott Guptill to Ameriprise network

Q5 Wealth Management, a financial advisory team managing $1.5 billion in assets across Houston and Beaumont, Texas, recently added Scott Guptill, CFA, an advisor managing $100 million in assets. Q5 joined Ameriprise Financial’s independent channel in August after moving from UBS Financial Services to drive its growth using Ameriprise’s resources. Guptill, previously with Morgan Stanley, noted his long-standing relationship with Q5 advisors Mike and Ed Persia as a factor in his decision to join.

Mike Persia shared that Q5’s focus is on providing tailored financial advice to high-net-worth clients nationwide, adding that Guptill aligns with their client-focused approach. Ameriprise’s Field Vice President Logan Clipp noted the team’s smooth transition, reflecting Ameriprise’s aim to help advisors grow through enhanced client support.

Q5’s team includes financial advisors Omar Bitar, Jeremy Saba, Mike Persia, Ed Persia, and Brad Klein, supported by investment specialists and client service staff. Ameriprise has attracted over 400 advisors in 2023 and 1,700 over the past five years.