Accounting Today recently named BerganKDV Wealth Management as the 24th largest wealth management firm ranked by assets under management (AUM) for 2016 with $1,250,158,326 in assets. The BerganKDV Wealth Management division employs 22 staff members in four of the firm’s seven locations.
“We are honored to be included in the ranking. We will continue to grow our business by helping our clients understand how choices they make today effect their financial future. Our goal is to help them make informed decisions based on accurate data and find financial peace of mind,” said David Hinnenkamp, Partner in Charge of BerganKDV Wealth Management, “Being an independent advisory firm gives us the flexibility to look at all investment options to find the best match for our clients.”
Accounting Today has been compiling the list of leading U.S. wealth management firms by assets under management for the past decade. To qualify for the ranking, the entity must be a CPA firm that has a financial planning practice (including subsidiaries and affiliates), and at least one of the financial planners in the practice must hold a CPA credential.
About BerganKDV: BerganKDV was formed when three successful firms merged—Bergan Paulsen, Networking Solutions and KDV. Combined, their roots trace all the way back to the 1940s.
From humble beginnings as trusted business advisory firms, they have expanded and adapted to now offer business planning and consulting, tax, audit and accounting, technology, payroll and wealth management services throughout the Midwest. They employ nearly 300 people with seven offices across Iowa and Minnesota.