Financial Planning, a leading publication for independent financial advisers, recently released its list of the Top 150 Registered Investment Advisor firms in the January 2017 issue. BerganKDV Wealth Management, LLC moved up from last year’s ranking of 107th to 99th, with 1,722 accounts and over $1.3 billion in assets under management. Discovery Data compiled the rankings based on discretionary and nondiscretionary assets under management listed on SEC Form ADV as of November 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.
“BerganKDV Wealth Management’s continued growth is thanks to our people and the relationships they develop with our clients,” 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.