CBS Brokerage is an independent insurance brokerage firm based in Shakopee, Minnesota. Founded in 2007 by Chad Druvenga, the company provides product expertise, comparative analysis, and advanced planning solutions for risk management, focusing on business, executive compensation, estate, and philanthropic technique integration[2][5]. They partner with financial advisors to offer collaborative insurance solutions, emphasizing a planning-first approach to align strategy recommendations with clients' short- and long-term objectives[3][5]. ### Key Features and Partnerships - Expertise: CBS Brokerage offers specialized knowledge in life insurance, annuities, long-term care (LTC), and secondary products, leveraging partnerships with respected carriers to provide comprehensive solutions[1][3]. - Partnerships: Notably, CBS Brokerage has partnered with Modern Wealth, a registered investment advisor (RIA), to deliver customized insurance solutions for financial advisors. This partnership enhances Modern Wealth's ability to provide holistic financial planning services[3]. - Leadership: The company is led by Chad Druvenga as CEO, with Joslyn Druvenga as President. Other key team members include Jack Elder, JD LLM (Tax), as Director of Advanced Markets, and Richard Backora as SVP, Head of RIA Client Services[2][3]. ### Services and Approach - Risk Management: CBS Brokerage provides risk management solutions through insurance, focusing on advanced planning techniques that integrate with clients' broader financial strategies[5]. - Technology and Innovation: The firm invests in technology to enhance client services and knowledge, supporting advisors in leveraging insurance as a strategic tool in financial planning[5].