Nepsis Acquires Sevenich, Butler, Gerlach & Brazil

21 Nov, 2023

Nepsis Acquires Sevenich, Butler, Gerlach & Brazil

Minneapolis-based financial advisor and investment management firm, Nepsis, recently completed the acquisition of Sevenich, Butler, Gerlach & Brazil (SBGB), a boutique CPA firm in St. Paul.

SBGB specializes in accounting, tax, and consulting services for high-net-worth families, individuals, and business owners, boasting a team of four CPAs.

This strategic acquisition is set to bolster Nepsis' family office practice, enhancing its wealth management offerings tailored for high-net-worth clientele.

Matt Pearson, President of Nepsis, expressed enthusiasm about the partnership, highlighting SBGB's ability to augment their capacity in delivering personalized and comprehensive financial guidance. Pearson emphasized the importance of a service model integrating wealth, tax, and accounting expertise in today's evolving advisory landscape.

Nepsis had been actively seeking an established CPA firm to assist clients in navigating the increasing complexity of financial matters, making SBGB an ideal partner.

Thomas Schramer, a partner at SBGB, echoed the sentiment of moving into a new phase of business growth through the collaboration with Nepsis. The joint venture is poised to provide clients with an expanded and more robust service portfolio.

In addition to the acquisition, Nepsis announced the formation of a leadership team for its family office practice, comprising individuals not from SBGB: Bryan Eberle as President of Nepsis Tax Solutions, Derrick Doerr as VP of Tax and Advanced Markets, Richard Moore as VP of Accounting and Advisory, and Jordan Riley as VP of Tax Operations.

Established in 1994, Nepsis operates as an SEC-registered investment advisor, offering a broad spectrum of services encompassing financial planning, tax solutions, portfolio and estate management, insurance services, legal counsel, and business owner solutions.