The merger is expected to broaden KDV’s portfolio of expertise, services and clients.

KDV Ltd CEO Loren Viere said they were drawn to Nies Financial Group because of their similar investing philosophies and their attention to valued customer care.

KDV Wealth Management CEO Dave Hinnenkamp said Nies Financial Group aligns well with their mission of helping clients accumulate, protect and distribute their assets in accordance with their wishes.

Nies Financial Group CEO Royce Nies, who will continue serving clients through KDV, has been serving the financial community of Central Minnesota for over 36 years.

Nies said they are excited to join forces with KDV Wealth Management.

"Our combined expertise gives us an immediate opportunity to enhance our client experience and build business continuity with expanded resources for our clients," Nies concluded.