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RIA Edge Podcast: Matt Cosgriff on the Journey to $2 Billion in AUMRIA Edge Podcast: Matt Cosgriff on the Journey to $2 Billion in AUM

BerganKDV's Matt Cosgriff discusses the growth strategies used by the company to expand its wealth management business.

Mark Bruno, Managing Director, Wealth Management

July 19, 2022

 

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Leaders of RIA firms have a number of strategic options to consider when evaluating organic growth opportunities. When your RIA is part of a broader national tax planning business, however, the opportunities for growing a wealth management business can be plentiful—provided you have the right strategies and processes in place. 

In this episode of RIA Edge, Mark Bruno, managing director at Informa Wealth Management, speaks with Matt Cosgriff, director of wealth management at BerganKDV, about the growth strategies used by the company to expand its wealth management business into a firm that now advises on over $2 billion in assets.

Specifically, Mark and Matt discuss:

  • How Matt and his group have been leveraging BerganKDV’s accounting and tax planning businesses to drive scalable, repeatable growth;

  • How BerganKDV’s wealth business has also successfully leveraged custodial referral programs;

  • The role M&A could play in BerganKDV’s future growth in in wealth management; and

  • What is EOS and why are more firms embracing it within the wealth management space.

Listen to the RIA Edge Podcast

About the Author

Mark Bruno

Managing Director, Wealth Management, Informa Connect

Mark Bruno is Managing Director, Wealth Management at Informa Connect. In his role, Mr. Bruno leads the company’s Wealth Management media and event properties, which currently consists of WealthManagement.com, Inside ETFs and Inside WealthStack. He is also charged with driving several innovative new community and advisor-based initiatives, including the launch of the new RIA Edge podcast, event and webcast series.

In addition, Mr. Bruno is overseeing strategic partnerships and acquisitions to accelerate Informa’s growth within the financial advisor and wealth management communities. Mr. Bruno brings over 20 years of experience in the wealth management and asset management industries to Informa, including prominent leadership roles in industry media, research, and consulting organizations.

Before joining Informa Connect, Mr. Bruno was a Managing Director at ECHELON Partners, where he provided investment banking, consulting and valuation services to wealth managers. Mr. Bruno specialized in helping RIAs with a range of strategic initiatives, and his areas of expertise include organizational design and assessments, compensation consulting and succession and continuity solutions.

Prior to joining ECHELON, Mr. Bruno was the Managing Director and Associate Publisher at InvestmentNews, where he was responsible for overseeing a wide range of businesses, including IN’s research, content strategy, digital, custom publishing and sales groups. Mr. Bruno was with InvestmentNews for 12 years and helped establish the company as the leading B2B media brand in the wealth management industry. He played an integral role in the sale of InvestmentNews from Crain Communication to Bonhill Plc in 2018.

Mr. Bruno is an award-winning journalist, author and researcher who has written and edited for a number of financial publications over the past two decades, including InvestmentNews, Financial Week, Pensions & Investments and U.S. Banker. Mr. Bruno has also been featured in the Wall Street Journal, Forbes and the Chicago Tribune for his expertise in wealth and investment management. Mr. Bruno has received numerous accolades for his writing and reporting, including the American Business Media's prestigious Jesse H. Neal Award, and for his breaking news coverage and analysis of the financial services industry by The Society of American Business Editors and Writers. Mr. Bruno is the author of Save Now or Die Trying: Achieving Long-Term Wealth In Your 20s and 30s, one of the top-selling retirement planning books of 2007.