Three Executives Depart $11B NorthRock Partners

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NorthRock Partners, a Minneapolis-headquartered registered concern advisor with much than $11 cardinal successful lawsuit assets, has seen the departure of 3 executives who were portion owners of the firm.

Robert Bradot, CFO, Emily Vennerstrom, COO, and Sean Berrigan, managing manager and caput of firm development, person each precocious departed, according to filings and the RIA. The 3 leaders had each held little than 5% ownership successful the firm, which is majority-owned by security holding institution Sammons Financial Group.

“We admit their contributions and stay focused connected serving our clients and continuing to execute our semipermanent strategy,” NorthRock CEO and laminitis Rob Nelson wrote via email.

The steadfast did not code imaginable replacements for the roles, and Bradot, Vennerstrom and Berrigan did not respond to requests for comment.

NorthRock has been an progressive acquirer successful the RIA abstraction since Sammons took a bulk involvement successful 2023, buying retired number capitalist Emigrant Partners. 

In January, the RIA announced a woody for an Ameriprise advisory team, Martin & Associates, with expectations that they would bring implicit $500 cardinal successful lawsuit assets. In 2025, it brought connected a erstwhile LPL Financial advisor and 2 RIAs, including WGG Wealth Partners, which boosted NorthRock’s assets nether absorption by $2.7 cardinal and added 15 advisors.

NorthRock was founded successful 2010 and became Emigrant’s archetypal RIA concern successful 2019. Bradot had been with the RIA for a small nether 4 years, having joined from Ameriprise, according to his LinkedIn profile.

Vennerstrom had been with the RIA for implicit 5 years, having served arsenic a spouse and main interaction serviceman earlier taking connected the COO relation successful September 2024, according to her LinkedIn profile.

Berrigan had been with the steadfast for implicit 5 years, according to regulatory filings.

CEO Nelson owns betwixt 10% to 25% of the firm, on with Todd Moser, president, Personal Office and partner, according to the firm’s astir caller Form ADV. Three different executives besides ain little than 5%.

The steadfast has implicit 3,900 clients and uses what it calls a Personal Office model, by which advisors enactment with a squad to connection clients proposal successful areas including investments, tax, insurance, property planning, concern strategies, manner and philanthropy.