Financial advisor Ellie Tobin Stubbs has joined the independent channel of Ameriprise Financial LLC by partnering with Ameriprise private wealth advisor Denise Palmer, who leads an all-female team, the companies announced.
Tobin Stubbs was formerly with TIAA-CREF Individual & Institutional Services LLC in Barre, Vt., where she managed $64 million in client assets.
Palmer’s practice was established in 1996 and manages $100 million in client assets. The team also includes associate financial advisors Sara Blondin and Gina Hilton-VanOsdall.
Stubbs and Palmer have known each other for over two decades and have a shared passion for socially responsible investing, philanthropy and helping clients feel more confident about their financial futures, the news release said.
According to Stubbs, Ameriprise field Vice President Michael Sondak helped make her decision to go independent by asserting he and his team would add value to her practice through his firm’s scaled capabilities.
“I was looking for a firm to support the comprehensive, compassionate way I serve clients,” she said in the news release. “Ameriprise has the solutions my clients need to reach their goals, including a good selection for those that value socially responsible investing.”
Founded in 1894, Ameriprise Financial Inc., is a diversified financial services company and bank holding company incorporated in Delaware and headquartered in Minneapolis, Minn.