Rick Sterling

Senior Vice President - Branch Director, Senior Consulting Group

952-261-3584 | Email |
952-476-9767

With over 25 years of experience, Rick brings a wealth of knowledge to the team. Navigating a variety of market conditions has given him the skills needed to address the most sophisticated financial needs - skills that only experience can teach. While providing overall wealth management, Rick focuses on personal and business wealth management planning, including estate planning strategies and charitable giving. He also specializes in providing advisory and brokerage services to clients seeking retirement-planning solutions. 

Rick is a graduate of Cardinal Stritch College, earning a Bachelor of Science Degree in Business Administration. He and his wife, Kris, have lived in the Lake Minnetonka area for more than 15 years and they both are active members of Wayzata Community Church. Their children are in college; Jacob at St. Johns in Collegeville, MN and Sophia at Denver University in Denver, CO.

Drake W. Lorence, AWM, CFP®

First Vice President - Financial Advisor, Consulting Group

952-261-3567 | Email
952-476-9767

Drake began his career in 1981 at Dain Bosworth - now RBC Wealth Management.  For over thirty-five years, Drake has been helping clients achieve their financial objectives through personalized portfolio management, wealth planning and customized solutions.  Drake focuses on working with families across several generations.  This multi-generational approach is a cornerstone of our practice. After completing the required coursework at the College of Financial Planning, Drake received his CERTIFIED FINANCIAL PLANNER™ certificate. The multi-year CFP® program entails in-depth courses, training, and comprehensive examinations in all areas of financial planning including investments, taxes, insurance, estate and retirement planning.  

 

Drake is a graduate of St. Olaf College having earned a Bachelor of Arts degree in both Chemistry and Political Science.  Drake enjoys volunteering and mentoring within the greater Minneapolis community, specifically through his church.  Drake is an avid skier and fitness enthusiast and also enjoys gardening.  He and his wife, Kari, live in Minnetonka and recently celebrated their 40th wedding anniversary.  They have four married children and enjoy spending any time they can with their grandchildren. 

 

Justin Baker, CFP®

Associate Vice President, Senior Financial Associate

952-261-3565 | Email
952-476-9767

Justin has over 15 years of experience helping to develop goal-oriented investment strategies for clients’ current needs and future objectives. He also manages the team's investment committee. Justin earned a Bachelor of Arts in finance from Augsburg College and also holds the prestigious CERTIFIED FINANCIAL PLANNER™ certification from The American College. 

Justin and his wife, Alanna, live in North Branch with their two sons, Jack and Cohen, and daughter Adaline. Outside of the office, Justin is the Director of Youth Wrestling for the North Branch Wrestling Association.  His hobbies include fishing and spending time with his family at their cabin in the Brainerd Lakes area.

 

Kristin M Klein

Senior Investment Associate

952-261-3590 | Email

 

Kristin brings nearly 25 years of experience in financial services to her role which is to help serve client-account needs and ensure that all regulatory procedures are followed. Kristin earned a Bachelor of Arts in economics from the University of Minnesota and is also a registered investment assistant. She and her husband, Paul, live in Minneapolis.
 

The Cove Capital Group, based in Wayzata, provides wealth management solutions designed to help you pursue your unique financial goals. The team consists of four highly-skilled and experienced investment management professionals who are dedicated to delivering the highest level of education, service and communication to you. As their client, the group will work to build and maintain a strong relationship with you, based on quality service and knowledgeable investment guidance.