Kerndt Brothers Bank acquires area wealth management firm

Kerndt Brothers Bank has acquired the Securities America branch office of Rude’s Investment & Insurance Center, which was owned and operated by Brandon Rude in Decorah. Rude has a customer base encompassing much of the tri-state area, providing over 15 years of experience in investment and financial planning services.

This acquisition will provide Kerndt Brothers Bank with additional expansion of their existing investment services, including investment advising and consulting, and retirement programs for individuals, municipalities and businesses.

Jim Kerndt, President, and CEO of Kerndt Brothers Savings Bank, stated, “Brandon has over 15 years of experience in the investment field, and we are pleased he decided to join KBSB Wealth Management Services. Brandon is well positioned to assist with the complex tasks of financial planning, helping our many clients prepare now and enjoy retirement later.”

Rude commented, “I decided to join KBSB because of the great experience I’ve had to this point. The entire staff creates a great environment to work within. The support structure KBSB provides to me as an advisor and to its clients is exceptional. I look forward to developing new relationships for the bank by providing a level of personal service many customers have not experienced from other banks.”

Rude grew up in Decorah graduating from Decorah High School. He then went on to Hawkeye Community College where he earned a degree in Police Science. Rude enjoys working on classic cars, playing guitar in his band, and enjoying family time with his wife, children, and granddaughter.

Rude was quick to point out that nothing will change for his existing customers. He will be serving his current customers from the same location in Decorah, including the same phone number. “I can meet with clients at any Kerndt Brothers bank location or the existing office on Commerce Drive in Decorah. Working with Kerndt Brothers allows the business to grow while adding a new dimension.” Rude can be reached at 563-382-8949 or 563-794-2681.