Dain Rauscher's David Bromelkamp Named Outstanding Broker By Registered Representative Magazine.Business Editors MINNEAPOLIS--(BUSINESS WIRE)--June 4, 2001 David Bromelkamp, a senior vice president and investment officer for Dain Rauscher in Minneapolis, has been named one of 10 Outstanding Brokers in the securities industry by Registered Representative magazine. Called "the quintessential consultant" by the magazine in its May 2001 edition, Bromelkamp was cited for his work as a fee-based investment Fee-Based Investment An investment account in which the advisor's compensation is based on a set percentage of the client's assets instead of on commissions. Contrast this to commission-based investment, in which the advisor makes money based on the amount of trades made or the management consultant. Bromelkamp made the transition to fee-based investment management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects in 1995 and has since grown his business large enough to become a member of Dain Rauscher's Senior Consulting Group, a recognition the firm bestows upon the top four percent of its investment executives. Registered Representative, the leading trade publication for investment professionals, quoted a Dain Rauscher product manager and one of Bromelkamp's clients. "Dave is a true example. He has passion for the [managed money] business and is committed to doing it right. If I had 100 Dave Bromelkamps in the firm, I'd be thrilled," said Sandy Duerre, associate product manager at Dain Rauscher. "There is absolute integrity with Dave. In addition to integrity, there is a high level of performance. I have not found an error. His follow-through is absolute," said Mitch Trockman, one of Bromelkamp's clients. The Outstanding Brokers were chosen by the editors of Registered Representative from submissions made by firms across the country. Two Dain Rauscher investment executives were chosen: Bromelkamp and Ross Strelow, an investment executive in Shoreview, Minn. Bromelkamp joined Dain Rauscher as an investment executive in 1988. Prior to that, he worked as a CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. with a public accounting firm. He is a Certified Investment Management Consultant. Dain Rauscher Corporation, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Royal Bank of Canada Bank of Canada Canada's central bank, established under the Bank of Canada Act (1934). It was founded during the Great Depression to regulate credit and currency. The Bank acts as the Canadian government's fiscal agent and has the sole right to issue paper money. (NYSE NYSE See: New York Stock Exchange :RY), is one of the nation's largest full-service securities firms with 1,200 investment executives and 3,800 employees. The company's broker-dealer, Dain Rauscher Incorporated, serves individual investors and small business owners through offices located predominantly in the western half of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , and capital markets and correspondent clients in select U.S. and international markets. Founded in 1909, Dain Rauscher Incorporated is a member of the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. and other major securities exchanges, as well as the Securities Investor Protection Corp. The company's headquarters are located at Dain Rauscher Plaza, 60 S. Sixth St., in Minneapolis. |
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