(Eden Prairie, MN, September 30, 2019) – Boulay is pleased to announce the acquisition of the
Registered Investment Advisor firm Robert Steffen & Associates, effective October 1, 2019.

Robert Steffen & Associates is a Registered Investment Advisor serving over 250 families and
businesses. The firm will join Boulay as of October 1st and operate within Boulay’s CorporateHeadquarters in Eden Prairie, MN.

“The decision to join Boulay was driven by my desire to serve my clients to the best of my ability,” said
Robert Steffen. “Partnering with Boulay means adding capabilities, like additional talent and increased
technology, that can enhance the already exceptional service that we have come to be known for. I am
humbled by the response from our clients and look forward to the new adventures ahead.”

 

The combined firms will have 33 partners and more than 180 employees serving high net worth clients
and businesses in manufacturing, distribution, medical, retail, professional services, construction, and real
estate industries. The acquisition is part of Boulay’s revenue growth strategy to become a Top 100
Accounting Firm offering exceptional client service and helping enhance employee opportunities for
growth at all levels.

 

“Robert Steffen & Associates is an exciting addition to our firm,” said Jay Brown, Partner at Boulay. “Bob
[Robert] has been a longtime friend of Boulay and his firm brings decades of experience in serving clients
with a fiduciary approach. As Boulay continues to grow, we are incredibly happy that Bob and his team
are joining us for the next chapter in their careers.”

 

About Boulay

Boulay PLLP is a leading independent accounting, tax and financial consulting firm with offices in Eden
Prairie, MN, Minneapolis, MN, and Naples, FL. Boulay Financial Advisors, LLC is an SEC Registered
Investment Advisor with offices in Eden Prairie, MN and Minneapolis, MN. Founded in 1934, Boulay has
over 180 staff serving small to mid-sized businesses and individuals. Boulay PLLP is an independent
member of PrimeGlobal, an international association of independent accounting firms. To learn more, visit
www.boulaygroup.com or call 952.893.1100.