Country for PR: United Kingdom
Contributor: PR Newswire Europe
Monday, December 19 2022 - 19:00
iM Global Partner announces strategic investment in Berkshire Asset Management
PARIS, Dec 18, 2022 /PRNewswire-AsiaNet/ --

iM Global Partner, a leading global asset management network, today announced 
the acquisition of a strategic, non-controlling stake in Berkshire Asset 
Management (“Berkshire”), which becomes iM Global Partner’s 9th Partner. 
Through this strategic partnership, Berkshire joins iM Global Partner’s 
extensive global asset management family and distribution network.

Located in Wilkes-Barre, Pennsylvania, Berkshire is an independent investment 
advisor specialized in dividend-focused US equity portfolios through its 
flagship Dividend Growth strategy. The company was formed in 1986* and is 
employee owned. The team prides itself on its exacting investment philosophy 
and process and focuses on identifying perennial dividend growers before they 
are fully recognized by the market, using a forward-looking, bottom-up 
selection process. 

Berkshire has a client-centric approach and offers high-quality client service 
and it managed US$3.96 billion in assets under advisement as at end October 

Managing Partner and Chief Investment Officer of Berkshire, Kenneth J. 
Krogulski, said: 

“We are extremely excited to be part of iM Global Partner ’s world class 
network of leading asset and wealth management firms. The partnership with iM 
Global Partner brings a wealth of expertise to existing and future Berkshire 
clients. It solidifies and increases the longevity, consistency and structure 
of the Berkshire team, and enhances what we can achieve for our clients. Their 
investment is an incredible vote of confidence in our team, our investment 
process and importantly our future.”  
Philippe Couvrecelle, CEO and Founder of iM Global Partner commented:
“We are delighted to welcome the Berkshire Asset Management team into the iM 
Global Partner fold. They have a unique identity, like many of our other 
Partners, and their concentrated, long-term value-oriented approach perfectly 
fits the iM Global Partner ethos. Our success in attracting new Partners is 
down to both our aligned mindsets and our support for entrepreneurialism. These 
characteristics and our minority position  ensure that each of our Partners 
retain their autonomy and independence, and this enables us to fuel each 
other’s growth.”

Jeff Seeley, Deputy CEO – CEO iM Global Partner Fund Management added:
“Berkshire Asset Management has an exceptional reputation with clients and 
financial advisors nationwide in the US and we look forward to partnering with 
them to introduce their strategies moving forward. Their focus to 
conservatively grow capital for clients, while striving to offer a safe and 
growing income stream, provides the opportunity for investors to diversify – 
and indeed complement – other parts of their asset allocation.”

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Source: iM Global Partner