Inside This Issue: Learn how Bell Bank bucked trends and • blazed trails from the very beginning bell.bank 15 Broadway | Fargo, ND 58102 • Mary Locken explains crucial 3 Big Benefits considerations for business succession BUCKING TRENDS OF WORKING WITH planning & BLAZING TRAILS – • Find out 3 big benefits of working with PRIVATE BANKING private banking & wealth management WEALTH the Founding of a Market Performance MANAGEMENT& July People with significant wealth often have S&P 500 Index. .8.548 % Maverick Bank more complex financial requirements, so S&P 1500 Composite Index . 8.135 % Bell has never been a typical bank – or Bell Bank’s private banking and wealth Russell 2000 Index . 4.292 % company. From its humble beginnings, management departments are designed Russell 3000 Index . 8.240 % 701.451.3000 | 800.709.5781 when Bell opened in 1966 as State to offer specialized services for high- Working with both private banking and 3. Increased efficiency MSCI Emerging Markets Index . 5.078 % Bank of Fargo in a corner office of the net-worth individuals and their families. wealth management at Bell can benefit If your banking, financial and estate Dow Jones Industrial Average . 5.076 % Deposit and loan products are offered through Bell Bank, Member FDIC. Products and services offered through Bell Bank Wealth Management are: Northport Shopping Center in Fargo, These services address both personal you in 3 major ways: planning, investments and trust services MSCI EAFE Index . 5.333 % and business financial needs and include Not FDIC insured | No Bank Guarantee | May lose value | Not a deposit | Not insured by any federal government agency. are all handled at Bell, we can set up joint NASDAQ Composite Index. 9.679 % N.D., the bank did things its own way. access to a comprehensive array of 1. Comprehensive planning meetings, so we can make sure everyone Bloomberg Barclays US Agg Total . 1.830 % (Take, for example, the rabbit cages banking options and services tailored The biggest benefit to working with Bell is on the same page when it comes to This newsletter has been written for the general information of clients and friends of Bell Bank. It is not intended, nor may it be relied upon, as tax or legal Bloomberg Barclays US Corporate. 2.743 % Source: Bloomberg borrowed from a neighboring business specifically to what you need. on every aspect of your banking is we can advice with respect to any matter. This newsletter also cannot be used by a taxpayer for the purpose of avoiding penalties that may be imposed by the your finances, and you don’t have to worry Internal Revenue Service or other taxing authority. owner to use as a makeshift teller line, build the most comprehensive financial about scheduling multiple appointments. In a private banking relationship, plan possible for you, because we’re able because the teller line was still unfinished your banker works as your go-to to attain a deep understanding of your “Joint calls and meetings provide clients when the bank opened.) financial advisor: family, finances and financial goals. with the full force of the bank and all we have to offer,” notes Lloyd Nelson, senior Launched by a group of problem-solvers Assisting you with everything • “Bell’s private banking team is made up vice president and Twin Cities private and outside-the-box-thinkers (before that from deposit accounts and credit of a group of sophisticated, experienced banking manager. “Our bankers and was a trendy trait to have), Bell Bank’s cards to consumer, business and professionals,” notes Ben Allen III, senior advisors are continually learning to stay Wealth Management – Minneapolis most notable “maverick” moves were home loans vice president and private banking on top of the latest industry trends and Our wealth management teams are dedicated to a single mission – to help you navigate officer based in our Camelback, Ariz., best practices. For one person to know opening earlier – and staying open later Ensuring your day-to-day banking a complex financial world in pursuit of your goals, whether you’re looking for help: • offices. “When you work with private everything outside of their discipline is – than any other bank and forgoing fees goes smoothly banking and wealth management at the almost impossible. Working together is an Investing toward larger goals that most other banks charged. same bank, we’re able to take a holistic effective and efficient way for us to bring • Coordinating all of your loans with JASON BROOKS • approach to solving your financial issues the whole portfolio to the client.” customized terms and preferred SCHULLER, JD, AIF® BOLLINGER Developing a custom financial plan in a harmonious way. When we all work SVP/Wealth & Fiduciary SVP/Twin Cities Wealth • interest rates Division Manager Management Director together, we make clients' lives easier and At Bell, we put your best interests first, 952.905.5057 952.905.5063 Administering trusts or estates • Connecting you with specialized gain additional insight into how we can so we’re not going to try selling you • services, such as investment best serve our clients. Bell does a great something you don’t need. Instead, we Identifying solutions and resources for employer- management, financial planning, job of knocking down department silos work with you to formulate a plan to help • and serving clients the best way we can.” sponsored retirement plans and IRAs. estate planning and personal trust you work toward your financial goals in the best ways possible. We have some of the best 2. Continuous service • Managing personal investments 2021 “financial planners and portfolio When you work with Bell’s private banking “Our process is a little different from and wealth management teams, we’re Working one-on-one with a private banking expert managers in the nation across our everybody else,” Lloyd explains. “A lot of KATE SEAN • JULY company,” remarks Paul Benson, able to help not only you, but also your other shops want to sell their product first. GEHRMAN DEICHERT, CFP® beneficiaries, so you can relax knowing that VP/Wealth VP/Client As one of the largest privately held money managers in the country, Bell Bank senior vice president and private We don’t do it that way. At Bell, we focus on & Fiduciary Advisor Portfolio Manager even after your death, we’ll do whatever Wealth Management works with individuals, family offices, employers and banking manager in our Fargo financial planning first, and then figure out 952.905.5496 952.905.5013 we can to assist your family and make sure institutions nationwide to provide a full range of services – with recommendations headquarters location. “We also how investment management fits into the your wishes are carried out. puzzle. Because of our experience level, offered in our clients’ best interest. We work directly with you, as well as with your have attorneys on staff who we can review your financial statement and accountants, legal counsel and other advisors as needed. We’re also cost-effective, offer estate planning guidance. “If you’re able to have a deeper banking spot opportunities.” with transparent, competitive fees for investments, custody, 401(k), IRA, fiduciary Our goal is to build long-term relationship with clients, when there is a and other services at an attractive, bundled price. banking relationships, and the death in the family, they know they have If you’re looking for first-class service and a main advantage when you work a whole team behind them,” affirms Chris comprehensive approach to managing your Ultimately, you set your financial goals based on what’s important to you, your with Bell is you have a team of Theis, vice president and private banking company or your institution. Bell provides professional guidance and planning finances, contact us at 800.709.5781 to JOE BREN This is an artistic rendering of the 12-story building Bell has agreed people who really get to know team lead in Bell’s Duluth, Minn., location. POPE, CPA IRAMINA, CTFA to help you begin, then resources and consistent management to give you find out how Bell’s wealth management and SVP/Client Wealth to purchase at 520 Main Ave. in Fargo, N.D., with plans to completely “The best thing private banking offers confidence along the path to your destination – and, always, service that reaches you and pay attention to your private banking teams can work together to Portfolio Manager & Fiduciary Associate remodel the building beginning in 2022 and reopen it in late 2023. banking relationship.” clients is a very strong banking relationship.” help you. 952.905.5053 952.905.5308 above and beyond. 31071 NEWSLETTER Bell Wealth July 2021.indd 1 7/14/21 12:36 PM WHAT’S NEW AT BELL ORIGINAL FOUNDERS Bell Bank opened its first full-service State Bank of Fargo initially downtown Minneapolis location in City Center, and we’re excited to be part of the revitalization had 85 to 90 stockholders with and continued development in the heart of the principal stockholder being Minneapolis. Offering a full range of banking Thomas “Buck” Snortland, a and financial services and guidance, our team farmer and businessman from of experienced bankers is eager to welcome downtown customers who want to connect Sharon, N.D. He saw building with a bank they’ll love! a great place to work and do business as an opportunity to We also plan to host appreciation and meet- have a positive impact on people and-greet events on our Nicollet-view terrace and their families. and in our unique Champions Club – which spotlights Bell Champions including Ben Leber, Lindsay Whalen, Chris Hawkey, Gavin Kaysen “He wanted to provide a service and Marney Gellner.