Digital Free Press
Christine Gustafson, founder and managing director of Phoenix Wealth Management, is announcing she has joined Ameriprise Financial, Inc. (NYSE: AMP) with more than $450 million in client assets.
Ameriprise chose Phoenix Wealth Management because of the firm’s longstanding commitment to financial planning, industry-leading technology, and sophisticated investment research, representatives there say.
With more than 30 years specializing in private wealth management, family offices and charitable foundations, Ms. Gustafson has grown her practice into a five-person team that serves a diverse client base across Arizona and the United States.
“We take a holistic, custom-tailored approach to wealth management. Our strategic partnership with Ameriprise provides us with the best technology and leadership to thrive — offering clients with the insight and perspective to create financial peace of mind,” said Ms. Gustafson in a prepared statement.
“We customize every client’s portfolio for their unique needs — we don’t try to fit clients into the typical five-risk category model. In our search for a new firm, it was clear that Ameriprise’s values aligned with ours and they shared our goal of managing money for wonderful clients – many of whom are philanthropically oriented.”
Ryan Lurie, Ameriprise Branch manger in Scottsdale echoes a similar sentiment on the synergies between the two wealth management firms.
“We’re delighted to have Christine and her team join Ameriprise,” said Ryan Lurie, who serves Ms. Gustafson as her Ameriprise Branch Manager. “We look forward to partnering with her to build her practice according to her values and vision, which is to ultimately help more people through comprehensive financial planning.”
Ms. Gustafson’s team also includes financial advisor and managing director, Norman Lemus, who has more than a decade of experience serving clients and is a portfolio manager on the team’s Tobacco-Free Portfolio, which was specifically designed for The American Heart Association. He moved into the industry after serving in the United States Marine Corps Reserve as a sergeant. The advisors are supported by Amanda Morell, a senior registered practice associate; and Lisa Campbell, a senior registered client service associate, the release states.
Representatives at Ameriprise report a staggering amount of private financial advisors — to the tune of some 1,600 advisors — joining the firm in the last five years.