Berger Financial Group Acquires Robert Gordon & Associates, Inc.
February 14, 2024
Minneapolis-based Berger Financial Group has acquired Springfield, Illinois–based Robert Gordon & Associates, Inc., adding the firm's investment management and strategic wealth planning capabilities to Berger's platform and bringing Berger's total client assets under management to $2 billion. The acquired team joined Berger under an Employee Stock Ownership Plan (ESOP); the deal is described as Berger's largest acquisition to date.
- Buyers
- Berger Financial Group
- Targets
- Robert Gordon & Associates, Inc.
- Industry
- Wealth Management
- Location
- Illinois, United States
- Transaction Type
- Buyout
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