Advisor Team With Nearly $500 Million AUM Joins Ameriprise Financial, Citing Client-Focused Culture

07/21/2025 – 03:24 PM

The father-son, father-daughter team joins Q5 Wealth Management, an established Ameriprise practice

MINNEAPOLIS — (BUSINESS WIRE) —
In a move underscoring the continued dynamism in the wealth management sector, financial advisors Chuck Heare, Ross Heare, CFP^®, Tommy Goth and Jennifer Goth-Castillo have migrated their $480 million client asset portfolio from UBS Financial Services to Ameriprise Financial, Inc. (NYSE: AMP). The team, formerly known as Goth Heare Wealth Management Group and notably composed of father-son and father-daughter pairings, is now integrated into Q5 Wealth Management, an existing Ameriprise practice spearheaded by managing partners Omar Bitar, Jeremy Saba, Mike Persia, Ed Persia, APMA^™, and Brad Klein. Q5 itself made a similar transition from UBS to Ameriprise in 2024, setting the stage for this latest alliance.

Sources close to both firms reveal that the two groups had been closely collaborating at UBS for years. Q5’s move to Ameriprise last year appears to have piqued the interest of Goth Heare Wealth Management Group, leading to discussions and ultimately, a strategic decision to consolidate their operations under the Ameriprise umbrella.

So, what prompted this transition? According to the team, several compelling factors played a pivotal role:

• Client-First Culture: “We were seeking a firm and team that prioritized client interests above all else, unburdened by the traditional investment banking or wirehouse culture often found on Wall Street,” said Ross Heare. “Ameriprise’s client-centric philosophy, combined with its advanced technology and comprehensive resources, empowers us to truly focus on serving our clients and placing their needs at the forefront.”

• Freedom To Build Out Support Model: “The autonomy to strategically build out our support staff was also a key factor in our decision,” stated Tommy Goth. “We now have the flexibility to construct a team and service model tailored to our clients’ specific needs, enabling us to deliver a more consistent and efficient client experience.”

• Shared Values: “Having known Omar, Jeremy, Mike, Ed, and Brad for many years, we share a common set of values, beginning with an unwavering commitment to our clients,” said Chuck Heare.

Early indications suggest that the transition to Ameriprise and Q5 is proving successful. “The feedback from our clients has been overwhelmingly positive,” added Jennifer Goth-Castillo. “We’re excited about the future and the potential to build something significant together at Ameriprise and Q5 Wealth Management.”

Tiffany Barber, client service assistant, also made the transition to Q5 with the Goth Heare Wealth Management Group.

Growth of Q5 Wealth Management

In less than a year, Q5 Wealth Management is already seeing substantial growth momentum. Along with the incorporation of the team led by Goth and Heare, the firm has also welcomed Scott Guptill, who brought with him $100 million in client assets from Morgan Stanley, and Kurtis Bell, joining from LPL Financial with $25 million in client assets.

Q5 Wealth Management now encompasses a team of 11 financial advisors and 7 support staff, collectively managing over $1.9 billion in client assets.

“Ameriprise has provided incredible support in our ambitions to expand our practice and ultimately deliver greater value to our clients,” said Omar Bitar, financial advisor and managing partner of Q5 Wealth Management. “The firm’s integrated technology, expansive product offerings, and supportive leadership have enabled us to create a flourishing practice centered on providing an exceptional experience for both our advisors and our clients.”

Ameriprise Franchise Field Vice President Logan Clipp and Ameriprise Regional Vice President Tres Rouquette are providing local support to the team.

Ameriprise continues to attract experienced financial advisors, with approximately 1,700 joining the firm in the last 5 years.¹ To find out why experienced financial advisors are joining Ameriprise, visit ameriprise.com/why.

About the Ameriprise Ultimate Advisor Partnership

The Ameriprise Ultimate Advisor Partnership is designed to provide advisors with a differentiated experience that accelerates growth and enhances client satisfaction. Combined with a culture of support and independence, it enables advisors to scale their businesses, strengthen client relationships and drive referrals.

About Ameriprise Financial

At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 130 years². With extensive investment advice, global asset management capabilities and insurance solutions, and a nationwide network of more than 10,000 financial advisors, we have the strength and expertise to serve the full range of individual and institutional investors’ financial needs.

¹ Ameriprise Financial Q4 2024 Earnings Release.

² Company founded June 29, 1894

Ameriprise Financial cannot guarantee future financial results.

Ameriprise Financial Services, LLC is an Equal Opportunity Employer.

Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the CFP^® certification mark, the CERTIFIED FINANCIAL PLANNER™ certification mark, and the CFP^® certification mark (with plaque design) logo in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.

Investment products are not insured by the FDIC, NCUA or any federal agency, are not deposits or obligations of, or guaranteed by any financial institution, and involve investment risks including possible loss of principal and fluctuation in value.

Investment advisory products and services are made available through Ameriprise Financial Services, LLC, a registered investment adviser.

Securities offered by Ameriprise Financial Services, LLC. Member FINRA and SIPC.

©2025 Ameriprise Financial, Inc. All rights reserved.

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Source: Ameriprise Financial, Inc.