David Bromelkamp


Allodium Investment Consultants

Chief Executive Officer

David Bromelkamp


Allodium Investment Consultants

Chief Executive Officer

As a fee-only financial advisor, my focus is to offer unbiased and evidence-based investment management services to help you achieve your life goals. - David Bromelkamp, BCF™, AIF®

Fee-Only Financial Advisor serving Minneapolis, MN area.

David Bromelkamp is a Minneapolis, MN fee-only financial planner. Allodium Investment Consultants provides comprehensive wealth management, financial planning, and investment consulting to help high net-worth individuals and institutions organize, grow and protect their assets through life’s transitions. As a fee-only, fiduciary, and independent financial advisor, David Bromelkamp is not paid commissions, and has a legal obligation to provide unbiased and trustworthy financial advice. Learn more at www.allodium.com.

Dave Bromelkamp is the founder of Allodium Investment Consultants, where he serves as chief executive officer. Dave also serves on Allodium’s Executive Committee and Investment Committee. He has more than 34 years of investment management consulting experience with both institutional
and individual investors.

Dave was formerly a senior vice president with RBC Dain Rauscher for 18 years, where he led a team of investment management consultants providing investment advisory services to both fiduciary clients and accredited investors. He was a founding member of the Senior Consulting Group at RBC Dain Rauscher, which represented a group of the firm's leading investment management consultants.

He has been admitted as a member of the Center for Board Certified Fiduciaries™ (CBCF™) and holds the professional designation of Board Certified Fiduciary™ (BCF™). This designation represents peer acknowledgment of his professional knowledge, skills, work experience and special expertise in the following fiduciary fields of specialization: ESG/SRI and Foundations & Endowments.

Dave holds the Accredited Investment Fiduciary® (AIF®) Designation from the Center for Fiduciary Studies and was one of the founding members of the Minnesota Fiduciary Roundtable, established by graduates of the Center for Fiduciary Studies as an open forum for sharing and promoting fiduciary standards and best practices.

Dave speaks frequently to professional trade associations on the best practices of fiduciary investment management. He has taught continuing professional education courses on fiduciary investment management for the Minnesota Society of Certified Public Accountants (MNCPA) and the Minnesota State Bar Association. He has also taught graduate courses as an adjunct instructor in finance at the Opus College of Business at the University of St. Thomas.

Dave has served as a director on the boards of both the Minnesota Society of Certified Public Accountants and Catholic Charities of St. Paul & Minneapolis. He is currently a member of the Planned Giving Committee at St. John’s University in Collegeville, Minnesota and previously served as a founding member and director on the board of the Center for Board Certified Fiduciaries™ (CBCF™).

Allodium Investment Consultants is a fee-only investment management consulting firm that provides investment management services to a limited number of individual and institutional investors. The firm is a member of the National Association of Personal Financial Advisors (NAPFA) and provides fee-only financial advice that supports the fiduciary standard of care. Allodium was the first Minneapolis-based investment advisor to be certified by CEFEX to follow the fiduciary best practices in the Prudent Practices for Investment Advisors. The firm was established as an independent Registered Investment Advisor in 2005. Investment advisory services include Wealth Management, Fiduciary Management, Investment Management Consulting, Financial Planning and Fiduciary Consulting. Wealth Management services are best suited for portfolios greater than $1 million. Learn more at www.allodium.com

Fee-Only, Fiduciary, Independent: Three Important Criteria to Consider When Choosing a Financial Advisor.


  • Investment Management
  • Wealth Management
  • Financial Planning
  • Fiduciary Consulting
  • Fiduciary Management

Ideal Clients

  • Professionals
  • Inheritors
  • Business Owners
  • Entrepreneurs
  • Trustees

Working Together

  • Fee-Only Advice
  • Fiduciary Standard
  • Complimentary Initial Consultation
  • In-Office Meetings
  • No Product Sales

Professional Designations & Affiliations

  • National Association of Personal Financial Advisors (NAPFA)
    David Bromelkamp is a NAPFA Associate Member

    The National Association of Personal Financial Advisors (NAPFA) is a leading professional association of Fee-Only financial advisors—highly trained professionals who are committed to working in the best interests of those they serve.

  • Accredited Investment Fiduciary®
    David Bromelkamp is an Accredited Investment Fiduciary® (AIF)

    Accredited Investment Fiduciary® (AIF®) training empowers investment professionals with the fiduciary knowledge and tools they need to serve their clients’ best interests. Advisors who have earned the Accredited Investment Fiduciary designation have gone through training, met the qualifications, and passed the exam allowing use of the AIF designation and they are immediately able to demonstrate the added value that they can bring to both existing and prospective clients.

  • Centre for Fiduciary Excellence (CEFEX)
    Allodium Investment Consultants has earned the Centre for Fiduciary Excellence (CEFEX) Investment Advisor certification.

    The independent CEFEX Investment Advisor certification demonstrates adherence to a best-practice standard.

    CEFEX advisory firms adhere to the Global Fiduciary Standard of Excellence. This means they act in the best interest of investors. This is in contrast with a firm that lacks a fiduciary process. The fiduciary standard offers a consistency of interpretation and implementation, which facilitates the transfer of knowledge between the advisor, clients, vendors and regulators.

    The objective is simple: to protect investors.

Contact David Bromelkamp

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Office Locations:

  • 500 Washington Ave South
    Suite 4400
    Minneapolis, MN 55415

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