MERISTEM
Business: Multifamily office provides fee-based wealth-management and related services to high-net-worth families, individuals and private foundations.
Founded: 2005
Headquarters: Minnetonka
Website: www.meristemmfo.com
Employees: 43
Executives: Charles Maxwell, chairman and CEO; Robert Westenberg, vice chairman; Jerry Johnson, president and COO; James Robbins, managing director; Jon Crow, managing director; Jocelyn Henkensiefken, chief financial officer; Patrick Regan, chief investment officer
2007 report: $1.6 billion in client asset under management and supervision
Strategy: Retain key employees to maintain and deepen client relationships; work on plans to bring key long-term employees into ownership; refine and add services that clients value.
