The firm is moving senior talent from Chicago to its Twin Cities office opened two years ago as demand for wealth services has grown in the Minneapolis area.

Independent investment advisor RMB Capital is relocating wealth advisor and vice president Benjamin Bremen to the firm’s Twin Cities office in response to strong business growth in the region. The firm said it has seen nearly 50 per cent growth in AuM managed by the Minneapolis office since opening there in early 2018.

Besides serving clients in Minnesota, the move also gives Bremen better access to the clients he serves in his hometown of Des Moines, Iowa, the group said. Bremen joined the Minnesota-based team in early January and before that worked from RMB’s Chicago headquarters, joining the firm in 2012.

“We’ve been very busy serving a growing number of families since our Twin Cities office opened in early 2018, so we really needed another advisor on the ground here,” said Chris Bach, RMB senior vice president and wealth advisor in the Minneapolis office.

“The combination of Ben’s advisory experience and institutional knowledge - given his tenure with RMB - enables him to hit the ground running.” Bach said the two had established a strong relationship during the four years they were based in the Chicago office, “so I’m personally excited to have him here, helping to mentor the other associates on our team.” Before moving to RMB, Bremen worked at global markets trading group CME Group.

RMB manages around $9.4 billion in client assets in areas that include wealth management, family office services, asset management, and retirement plan consulting from offices across the US.