<img height="1" width="1" style="display:none" src="https://q.quora.com/_/ad/1ac644d4c3f54087bef4289a089c9d7c/pixel?tag=ViewContent&amp;noscript=1">

Private Wealth Groups to Watch: 10 Leading Advisory Teams in the Midwest

Welcome to our blog series, 'Private Wealth Groups to Watch: 10 Leading Advisory Teams in the Midwest'. In this third installment of four, FINTRX spotlights ten prestigious advisors from private wealth advisory teams across the Midwest region of the United States. Embark on an enlightening exploration as we delve into the distinctive strategies and subtle complexities that distinguish these top-tier financial experts within their local markets.


Before we delve into the series, it's crucial to establish a clear framework for what qualifies a representative or group as a 'top advisor' in the RIA landscape. While assets under management (AUM) and client size are factors we consider, our evaluation extends beyond size or market share. We employ criteria that include influence, innovation, market impact and expertise to make a well-rounded determination. 

Private Wealth Groups to Watch: 10 Leading Advisory Teams in the Northeast
Private Wealth Groups to Watch: 10 Leading Advisory Teams in the Southeast



Matthew Engen 

    Matthew Engen

     Engen Neuenschwander & Associates

 

Title: Senior Vice President; Senior Resident Director; Wealth Management Advisor
Firm: Engen Neuenschwander & Associates of Merrill Lynch, Pierce, Fenner & Smith Incorporated
Location: Fargo, ND
Est. AUM: $596M
North Dakota AUM Rank:
9th
Industry Tenure:
28+ Years

LinkedIn | SEC
View FINTRX Profile >>

Matthew Engen, Senior Vice President and Wealth Management Advisor at Engen Neuenschwander & Associates of Merrill Lynch, brings over 28 years of industry expertise to his role. A graduate of Concordia College with a Bachelor of Arts in Accounting, Matthew has built a distinguished career at Merrill Lynch since 1999, focusing on developing customized financial strategies tailored to individual client needs. His dedication has garnered him considerable recognition earning accolades such as being named one of Barron's "Top 1,200 Financial Advisors" for 2021 and 2022, as well as appearing on Forbes' "Best-in-State Wealth Advisors" list in 2022 and 2023. As Senior Resident Director, Matthew oversees the Merrill office in Fargo, North Dakota, leveraging a wealth of resources from Merrill and Bank of America to offer services including estate planning and philanthropic solutions.

Engen Neuenschwander & Associates at Merrill Lynch in Fargo, North Dakota, specializes in personalized wealth management, emphasizing long-term, multi-generational relationships. They utilize a tailored approach to investment strategies, leveraging resources from Merrill and Bank of America to manage and grow client wealth effectively. The team, led by Matthew, includes other skilled advisors like John Neuenschwander, Vice President and Senior Relationship Manager; Kristine Shea, Vice President and Senior Financial Advisor; April Leitch, Assistant Vice President and Senior Relationship Manager; and Kristi Simmons, Wealth Management Client Associate. 

 

 

Dana Locniskar

 

    Dana Locniskar

     The Locniskar Pursel Bucher Biddinger Group  

 

Title: Managing Director; Private Wealth Advisor
Firm: The Locniskar Pursel Bucher Biddinger Group at Merrill Lynch, Pierce, Fenner & Smith Incorporated
Location: Bloomfield Hills, MI
Est. AUM: $3.8B
Michigan AUM Rank:
13th
Industry Tenure: 53+ years

LinkedIn | SEC
View FINTRX Profile >>

Dana Locniskar, Managing Director and Private Wealth Advisor for The Locniskar Pursel Bucher Biddinger Group at Merrill, boasts over 50 years of experience in wealth management for high-net-worth clients and institutions. Since joining Merrill in 1970, Dana has been consistently recognized for his expertise, with features on Forbes' "America's Top Wealth Advisors" list from 2016 to 2022 and Barron's "Top 1,200 Advisors" from 2009 to 2022. His work involves customized advice in wealth management, concentrated stock strategies, as well as trust and estate planning. 

Dana is deeply involved in his community, serving on boards for several organizations such as the Community Foundation for Southeast Michigan, City Year Detroit, and Teach for America Detroit. He is a Trustee Emeritus at Detroit Public Television and the Futures Foundation and is active with the Robert H. Tannahill Society Estate Planning Council at the Detroit Institute of Arts, United Way of Michigan's Alexis de Tocqueville Society, and the National Association of Charitable Gift Planners. Additionally, Dana is the founding president of The Planned Giving Roundtable of Southeast Michigan and has spent over 25 years volunteering at Cornerstone Schools.

The Locniskar Pursel Biddinger Nienberg Rochow Group at Merrill Lynch comprises experienced financial advisors who focus on wealth management for high-net-worth individuals, families and institutions. Apart from Dana's leadership, the team includes, but is not limited to, Thomas Pursel, a Managing Director as well as Matthew Biddinger, Griffin Nienberg and John Rochow, who all serve as Senior Vice Presidents and Financial Advisors.

 

 

Abe Post

 

    Abe Post Sr.

     Post & Associates  

 

Title: Managing Director; Wealth Management Advisor
Firm: Post & Associates at Merrill Lynch, Pierce, Fenner & Smith Incorporated
Location: Bloomfield Hills, MI
Est. AUM: $957M
Michigan AUM Rank:
74th
Industry Tenure:
40+ Years

LinkedIn | SEC
View FINTRX Profile >>

Abraham "Abe" Post, a Managing Director and Wealth Management Advisor at Post & Associates of Merrill Lynch, brings over four decades of experience in financial services. Known for his energetic and detail-oriented approach, Abe focuses on retirement planning and advises businesses on company-sponsored retirement plans. His expertise is recognized through multiple accolades, including repeated listings on Barron's "America's Top 1200 Financial Advisors State-by-State" and Forbes' "Best-in-State Wealth Advisors" in 2023. Abe holds prestigious designations such as the Chartered Retirement Planning Counselor℠ (CRPC®) and the Retirement Benefits Consultant title.

Post & Associates, led by Abe, is made up of just four other advisors; Patrick Kosanke and Jennifer Blizinski, both serving as Assistant Vice Presidents and Wealth Management Associates; Edyta Carter, a Business Development Specialist; and Jackie Noble, a Registered Wealth Management Associate. Together, this cohesive team collaborates to provide comprehensive financial planning and investment management services to its clientele. 

 

 

Krystal Julius

 

    Krystal Julius

     Eckerline Julius Wealth Management Group

 

Title: Managing Director, Wealth Management Advisor
Firm: Eckerline Julius Wealth Management Group at Merrill Lynch, Pierce, Fenner & Smith Incorporated
Location: Wayzata, MN
Est. AUM: $1.4B
Minnesota AUM Rank:
14th
Industry Tenure:
15+ Years

LinkedIn | SEC
View FINTRX Profile >>

Krystal Julius, Managing Director, Wealth Management Advisor for Merrill's Eckerline Julius Wealth Management Group, has been a valuable member since 2008. Based in Wayzata, MN, she brings over 15 years of experience and holds a CRPC® designation and a marketing management degree from the University of Saint Thomas. Krystal excels in retirement planning, investment management and wealth preservation, utilizing the resources of Bank of America and Merrill. Krystal is also an active community participant, often involved in YMCA activities.

The Eckerline Julius Wealth Management Group at Merrill, led by Krystal, consists of a team of seven professionals, including Mark Eckerline, who serves as Vice President and Senior Relationship Manager, along with Madeline Thun, Britta Sorensen, Martha LeWin, and Wendy Meyer as Assistant Vice Presidents, and Lynn Eckerline as a Wealth Management Client Associate. Together, they prioritize a personalized approach to assist clients in navigating complex financial needs and achieving their financial goals.

 

 

Judy Fredrickson

 

    Judy Fredrickson

     Metcalf Fredrickson Group  

 

Title: Managing Director; Financial Advisor
Firm: Metcalf Fredrickson Group at UBS Financial Services Inc.
Location: Minneapolis, MN
Est. AUM: $3.8B
Minnesota AUM Rank:
2nd
Industry Tenure:
21+ Years

LinkedIn | SEC
View FINTRX Profile >>

Judy Fredrickson, Managing Director and Financial Advisor at Metcalf Fredrickson Group at UBS, provides investment planning and wealth management services for affluent families and institutions since 2012. Her expertise includes pre-transaction planning for private business owners and multi-generational wealth management. A former Principal at Alliance Bernstein and executive at Imation Corporation and Eastman Kodak Company, Judy actively engages in family governance education and holds a Bachelor of Science from the University of Oregon. 

The Metcalf Fredrickson Group at UBS in Wayzata, MN, offers comprehensive wealth management services led by Managing Directors Judy Fredrickson and Robert Metcalf. Judy focuses on multi-generational wealth and business owner planning, while Robert, also a Family Office Consultant, brings deep expertise from previous high-level roles, including as an attorney. Their team, consisting of Meg Hastings as the Senior Wealth Strategy Associate, Erica Asada as the Director and Team Administrator, as well as Paul Draeger and Ryan Ahern, both serving as Senior Wealth Strategy Associates, offer tailored strategies in estate planning, investment management, and family governance to cater to the diverse needs of their clients.

 

 

Louis Close

 

    Louis Close

     Lake Street Private Wealth  

 

Title: Managing Director; Private Wealth Advisor
Firm: Lake Street Private Wealth at UBS Financial Services Inc.
Location: Minneapolis, MN
Est. AUM: $2.4B
Minnesota AUM Rank:
4th 
Industry Tenure:
31+ Years

LinkedIn | SEC
View FINTRX Profile >>

Louis Close, Managing Director and Private Wealth Advisor at Lake Street Private Wealth of UBS, has been serving clients since 1992. Recognized by Barron's as one of the Top 1,200 Financial Advisors in America from 2010 to 2019 and by the Financial Times as a Top 400 Advisor, Louis offers a tailored approach to wealth management. He holds a CIMA® designation from The Wharton School and collaborates extensively with clients’ legal and financial advisors. Additionally, Louis is committed to his community, serving on boards for Bolder Options and the University of Minnesota's Athletic Department.

The team at Lake Street Private Wealth in Wayzata, MN, consists of six main members: Louis Close; Christopher Watkins, Managing Director and Financial Advisor; David Gannon, Managing Director–Wealth Management and Financial Advisor; Elizabeth Engelmann, and Kelli Puhl, all serving as Senior Vice Presidents and Financial Advisors, as well as Jamal Abu-Shamala, Vice President–Wealth Management and Financial Advisor. Additionally, the team includes other skilled individuals who bring a wealth of experience in financial services, specializing in personalized investment management, wealth management for affluent families, and strategic business planning.

 

 

Christina Boyd

 

    Christina Boyd

     Boyd Wealth Management Group  

 

Title: Managing Director; Senior Financial Advisor
Firm: Boyd Wealth Management Group at Merrill Lynch, Pierce, Fenner & Smith Incorporated
Location: Wayzata, MN
Est. AUM: $1.7B
Minnesota AUM Rank:
8th
Industry Tenure:
28+ Years

LinkedIn | SEC
View FINTRX Profile >>

Christina Boyd, Managing Director and Senior Financial Advisor at Boyd Wealth Management Group of Merrill Lynch, has over 28 years of experience providing tailored financial advice to high-net-worth clients. Christina has been recognized as one of America's Top 1,200 Financial Advisors by Barron's since 2014, and Forbes ranked her as Minnesota's #1 "Best-in-State Wealth Advisor" from 2018 to 2022. She focuses on comprehensive wealth management strategies, including retirement planning, estate planning and investment risk management. Additionally, Christina is actively involved in community service, notably with Children's Hospitals & Clinics of Minnesota.

The Boyd Wealth Management Group at Merrill Lynch in Wayzata, MN, led by Christina Boyd, includes Jeanne Rosengren, Senior Vice President and Senior Financial Advisor; Max Gardiner, Vice President and Wealth Management Advisor; Stephanie Starcevich, a Registered Senior Wealth Management Client Associate; Rachel Rudd and Caroline Camp, both Registered Wealth Management Client Associates; Will Rosengren, a Financial Advisor and Allana Quaday, Wealth Management Client Associate. This diverse group offers comprehensive financial strategies and personalized services to their clients.

 

 

Tom Freeman-1

 

    Tom Freeman

     FCS Private Wealth Management & Family Office 

 

Title: Managing Director; Family Office Consultant 
Firm: FCS Private Wealth Management & Family Office at Wells Fargo Advisors
Location: Leawood, KS
Est. AUM: $1.7B
Kansas AUM Rank:
8th
Industry Tenure:
34+ Years

LinkedIn | SEC
View FINTRX Profile >>

Thomas Freeman, Managing Director and Family Office Consultant at FCS Private Wealth Management (FCSWM) & Family Office of Wells Fargo, brings over 34 years of expertise to high-net-worth clientele. Having started his career at Merrill Lynch and subsequently working at UBS, he founded his firm in 2020. Thomas is recognized for his comprehensive service to ultra-wealthy families, managing assets worth approximately $1.7 billion. His accolades include being named a Forbes Best-in-State Wealth Advisor and a Barron's Top 1,200 Advisor in 2022. Outside finance, Thomas is a former professional football player and a marathon runner, demonstrating his dedication and discipline. 

The FCSWM team, led by Freeman, is composed of seasoned professionals dedicated to delivering comprehensive financial planning and investment management services. Alongside Freeman, you'll find Ted Chartier and Matt Sayers, both Partners, Sarah Tiedt, Vice President and Family Office Wealth Advisor, Susan Freeman, Vice President, Financial Advisor & Certified Financial Planner, Greg Spears, Managing Partner and Chief Operating Officer, as well as Margo Shepard and Andrew Shepard, both Founders and Partners of Shepard Wealth Advisors. Their combined expertise and unwavering commitment to client success solidify FCSWM's standing as a trusted advisor in the realm of wealth management.

 

 

Dianna Smith

 

    Dianna Smith

    The Ferguson-Smith-Cohen Group  

 

Title: Co-Founder; Executive Director; Wealth Advisor; Senior Portfolio Management Director
Firm: The Ferguson-Smith-Cohen Group at Morgan Stanley
Location: Leawood, KS
Est. AUM: $1.4B
Kansas AUM Rank:
14th
Industry Tenure:
23+ Years

LinkedIn | SEC
View FINTRX Profile >>

Dianna Smith, Co-Founder and Executive Director of the Ferguson Smith Cohen Group at Morgan Stanley, boasts over two decades of financial services industry experience, catering to wealthy families, individuals, and endowments/foundations. Holding the Certified Investment Management Analyst® certification and a Family Wealth Director designation, earned by fewer than 4% of all Morgan Stanley Advisors, she offers comprehensive asset allocation, investment strategies, and tax-efficient planning. Dianna has garnered national and state accolades, including Forbes Magazine's "Best-In-State Wealth Advisors" and "Top 250 Women Advisors" lists. Since joining Morgan Stanley in 2002, she has held roles such as Managing Director, Wealth Advisor, and Senior Portfolio Management Director. Beyond her professional endeavors, Dianna is deeply involved in her community, serving in roles such as Treasurer for the Heart of Kansas City National Charity League.

The Ferguson Smith Cohen Group at Morgan Stanley is a renowned team committed to offering comprehensive wealth management services, specializing in asset allocation, investment strategies, tax efficiency and legacy planning. In addition to Dianna, the team comprises accomplished professionals like Scott Ferguson, who holds the position of Managing Director, Wealth Management Wealth Advisor, and Senior Portfolio Management Director, as well as Patrick Cohen, serving as Senior Vice President, Wealth Management Financial Advisor, and Senior Portfolio Management Director. The team is also comprised of nine additional advisors who bring a wealth of expertise to cater to the diverse needs of its clients. 

 

 

Melissa Spickler

 

    Melissa Spickler

     The Spickler Wealth Management Group  

 

Title: Managing Director; Wealth Management Advisor
Firm: The Spickler Wealth Management Group of Merrill Wealth Management
Location: Bloomfield Hills, MI
Est. AUM: $1.4B
Michigan AUM Rank:
41st 
Industry Tenure:
43+ Years

LinkedIn | SEC
View FINTRX Profile >>

Melissa Spickler, Managing Director and Wealth Management Advisor at The Spickler Wealth Management Group of Merrill Lynch, brings over four decades of industry experience and is renowned for her exceptional wealth management services. She caters to a diverse clientele, including affluent families, women in transition, executives, closely held businesses, retirees, entrepreneurs and members of the LGBT community. Melissa, also a qualified Portfolio Manager, offers personalized strategies aligning with clients' goals, risk tolerance, and liquidity needs, drawing on Merrill Lynch's resources and third-party managers. Recognized by Forbes and Barron's for multiple years, she's hailed as one of America's top financial advisors. 

The Spickler Wealth Management Group at Merrill Lynch, led by Spickler, is dedicated to providing high-quality wealth management services to a diverse clientele. Alongside Spickler are Stacey Cassis, Senior Vice President and Wealth Management Advisor; Matthew Spickler, Senior Financial Advisor; Michelle Schneider, Vice President and Senior Business Manager; Tari Saylor, Assistant Vice President and Wealth Management Associate; as well as Jacquelyn Brown, Susan Burns and Theodore Spickler, all serving as Wealth Management Client Associates. The team's commitment to nurturing lasting client relationships spans generations, creating an atmosphere where clients feel embraced and supported. 

 

Disclaimer: This report and accompanying information have been derived using FINTRX-proprietary data. All information contained within is accurate to the best of our knowledge, including--but not limited to--job titles, education history, professional history, AUM, etc. This report and its data are not intended for reproduction and should not be used as official investment advice. FINTRX does not have any affiliation with any persons or entities included in this report. Any use of this report or its contents is at the sole discretion and responsibility of the user. FINTRX shall not be held liable for any errors or omissions in the information provided herein.


About FINTRX

FINTRX is a leading family office & registered investment advisor (RIA) data intelligence solution that provides comprehensive and reliable data on 4,000+ family offices, 22,000+ family office contacts, 40,000 RIAs and 750,000 registered reps. Our platform combines data, analytics and intuitive software to help clients identify potential investment opportunities, connect with investors and clients and stay informed on industry trends and developments.

FINTRX LI Banner & Newsletter Banner-1

FINTRX leverages advanced AI technology to provide accurate and updated information on family offices and RIAs worldwide. FINTRX data is powered by millions of sources, both public and private, which are constantly updated and verified by our 75+ person research team as well as a team of experienced data scientists. 


Similar Content

May 15, 2024
May 13, 2024
May 7, 2024
May 6, 2024