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Godtland announces retirement from ICA

Bryan Godtland has announced he is retiring and has sold his share of the Investment Centers of America Inc. partnership to his partners, Jim Caspers, Chris Reisdorf and Randy Penkwitz.

The firm offers investment and retirement planning services. Godtland will officially leave the group at the end of April after nearly 20 years in business in the Hudson community

"This is a difficult thing for me to do," Godtland said, "but really exciting at the same time." Godtland opened his ICA office in 1989 in the First National Bank of Hudson and has continued his relationship with the Bismarck, N.D.-based broker/dealer and many clients since then.

"We are financial advisers to hundreds of households in the St. Croix Valley area," he said, "and we appreciate every one of them."

When First National Bank was sold to Associated Bank in 2006, the group moved to its independent location at 900 Crest View Drive in Hudson, and the office will continue to operate there.

"We're going to miss him," said longtime partner Jim Caspers. "When he came in the door it always seemed to energize all of us!" Caspers joined Godtland in 1994, then Chris Reisdorf in 2001 and Randy Penkwitz in 2003.

"I retire with the knowledge that clients will receive good financial advice, service and support, and that makes me happy," said Godtland of the team of 13 employees in the office. "I feel I am leaving the clients in very good hands."

Godtland's wife, Bonny, is president of the St. Paul Federal Credit Union and will be retiring March 1.

"What I will miss the most is the interaction, the personal meetings, getting to know clients and their families, being part of their lives, and enjoying the friendships," Godtland said. "Those who know me well know that the difficult times for me have not been driven by market turmoil but by the death of a client or one of their family members.

"On the other hand, I have had the joy of seeing so many of them attaining goals for retirement, sending a child off to college, helping a grandchild with college expenses to enable their success in life, or just enjoying life themselves. All of that makes me proud."

A farewell open house will be held this spring.