Berger Financial Group opens Minnetonka office amid $3B acquisition run
What's the deal? Berger Financial GroupDealroom has a profile for this one. Try Dealroom →, a Plymouth-based wealth manager, is opening a new office in Minnetonka to house 40 employees. The move follows a steady run of acquisitions that has reshaped the firm.
What does the firm do? Berger manages about $3 billion in assets and employs 105 people. It has completed more than 20 acquisitions since 2016.
Why now? The new office gives the growing firm room to expand its headcount as it integrates deals.
The signal: Berger's buying spree reflects a broader wave of consolidation among wealth managers, as larger firms absorb smaller practices to add assets and talent.
Read more: bizjournals.com
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