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Blue Prairie Group Announces Opening of Twin Cities Office


CHICAGO, IL, July 2, 2018 -- Registered Investment Advisory (RIA) firm Blue Prairie Group (BPG) today announced official expansion to the Twin Cities with the opening of an office in Minneapolis, MN. This is the seventh regional office for the Chicago-based firm, which also has offices in Atlanta, Philadelphia, Pittsburg, Salem (OR), San Francisco and Tampa.

"This is an important moment for us as a firm and the clients we serve," said Ty Parrish, BPG Managing Partner. "Having roots in the Twin Cities will allow us to provide even better, hands-on, custom service to our clients across the country, and specifically in Minnesota, Iowa, Wisconsin and the Dakotas."

The Minneapolis office is led by Senior ERISA Consultant Paul Sommerstad, and is supported by the full capabilities of BPG, including Wealth Management, Retirement Plans and Foundation and Endowment services.

"It's a pleasure to return to the Twin Cities and an honor to lead the new office for Blue Prairie Group," said Sommerstad, who returned to Minnesota after spending five years in BPG's home office in Chicago. "I believe having a local BPG office will be a welcome asset to the Minneapolis/St. Paul business and financial community. We pride ourselves on helping provide clients with peace of mind regarding financial matters and helping them to retire on their own terms and live out their dreams."

Sommerstad is a graduate of the University of St. Thomas - Opus School of Business with a Bachelor's Degree in Financial Management. He holds designations as Accredited Investment Fiduciary, Certified Behavioral Finance Analyst and Qualified Plan Financial Consultant.

BPG is a leader in the retirement industry, helping clients achieve financial goals for themselves, their businesses and employees. In 2018 alone, Blue Prairie Group clients have been recognized as Plan Sponsor of the Year, PSCA Signature Award winners, and P&I Eddy Award winners.

About Blue Prairie Group

Blue Prairie Group is an independent, fee-based Registered Investment Advisory firm providing unbiased and objective financial consulting through three practice areas: ERISA Retirement, Wealth Management and Foundations & Endowments. We act as fiduciaries to all of our clients' portfolios and are remunerated solely by our clients. BPG passionately advocates low cost investments, full fee transparency, and offers a broad service suite to institutions, plan participants and individuals. Headquartered in Chicago, IL, BPG has established itself as one of the leading investment and fee-based advisory firms in the country with satellite offices in Atlanta, Tampa, Minneapolis, Philadelphia, Pittsburgh and Salem, Oregon and San Francisco.


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