Bond & Devick Wealth Partners

Bond & Devick Wealth Partners

Bond & Devick Wealth Partners was founded in 1982 by CEO RJ Devick, establishing a financial advisory practice in St. Louis Park, Minnesota. The firm operates as a fiduciary, meaning it carries a legal obligation to place client interests ahead of its own revenue. This posture has defined the firm for over four decades, with President Rob Caverly now publicly stewarding the commitment to build what the firm calls an “enduring” advisory business rather than one driven by near-term growth targets. The advisory practice delivers investment management and strategic wealth planning through a goals-based framework, explicitly tying portfolio construction to what clients value rather than to a generic risk-tolerance questionnaire. Its disclosed services cover retirement planning — addressing longevity risk and the question of outliving assets — along with investment planning and estate planning. On estate matters the firm works alongside the client’s external attorney to structure efficient asset transfers. The firm advises individuals, trusts, and business entities, though it does not publicly disclose a total asset figure or a detailed asset-class breakdown. Bond & Devick operates from a single office at 600 Highway 169 South in St. Louis Park. The team includes seven CERTIFIED FINANCIAL PLANNERS™ professionals, each described by the firm as having specialized expertise, supported by a broader staff that enables what the firm characterizes as personalized service. No separate philanthropic foundation, real-asset arm, or club memberships are disclosed. In its public materials from 2026, the firm underscored its commitment to controlled growth, with CEO RJ Devick and President Rob Caverly jointly emphasizing sustainability of the firm’s structure over rapid expansion. What distinguishes Bond & Devick structurally is its explicit rejection of the asset-gathering incentive that shapes most wealth-management economics. By operating under a fiduciary standard and centering every client engagement on a goals-based planning process, the firm makes the planning — not the products — the organizing principle. This architecture privileges continuity of the advisory relationship over transaction volume, a governance choice that has kept the firm independent and partner-led for over forty years.