Financial Advisor magazine, a leading publication for financial advisors, recently released its national ranking of firms that are registered investment advisors (RIA) and provide financial planning and related services to individual clients. BerganKDV Wealth Management, LLC was ranked #179 nationally with more than 1,000 clients and approximately $1.35 billion in total assets under management as of December 31, 2016.
A Registered Investment Advisor (RIA) is defined by the Securities and Exchange Commission as an individual or a firm that is in the business of giving advice about securities. RIAs have a fiduciary duty to their clients, which means they have a fundamental obligation to provide suitable investment advice and always act in their clients’ best interests.
“The BerganKDV Wealth Management team culture is one of service, teamwork and productivity,” said Dave Hinnenkamp, Partner in Charge of BerganKDV Wealth Management. “Financial success creates complexities. We are driven to help our clients navigate these complexities by giving great business advice on investment planning, tax planning, financial planning, estate planning and risk management so they can meet their financial goals.”
About BerganKDV Wealth Management: BerganKDV Wealth Management offers asset allocation management, capital preservation, estate planning, financial planning, family office services, 401(k) and retirement planning, and comprehensive wealth management. It is a division of BerganKDV which also offers business planning and consulting, tax, audit and accounting, payroll and technology services primarily in the Midwest. They employ more than 300 people with seven offices across Iowa and Minnesota.