Peter Rekstad headshot


  • Chartered Financial Consultant®
  • Chartered Life Underwriter®
  • B.A., Business Administration, Bethel University


  • Member, Financial Planning Association, Minnesota Chapter

Peter Rekstad

Wealth Partner and CEO

651.735.5878 | Phone
651.735.5881 | Fax


Peter develops long-lasting relationships with his clients and their families, becoming a trusted partner in decisions wherever life and wealth intersect.

He draws from his 30 years of experience and advanced skill set in estate and tax planning to simplify complex financial ecosystems. He works closely with clients to mitigate dangers and capture opportunities.

Peter asks the right questions to create a plan that ensures clients continue to follow their TruNorth when making important decisions. His clients trust the advice they receive because Peter and his team are fiduciaries. They do not earn commissions and will never accept commissions.

Peter established TruNorth, an independent advisory firm, in 2005. He merged his firm with BGM to form BGM TruNorth Wealth Partners in 2013. Today, he serves as CEO of TruNorth Wealth Partners with offices in St. Paul, Minnesota, and Sacramento, California.

Peter began his financial career at Northwestern Mutual Financial Network. During his 16 years there, he served as Investment Advisory Representative for Network Planning Advisors and as Trust Consultant for Northwestern Mutual Trust Company. He served in a branch management function overseeing 80 representatives.

Peter is passionate about training in Brazilian Jiu Jitsu, flying airplanes cross country (as an instrument and multi-engine rated pilot), trail riding on horseback, and travel. He’s very active in his church and enjoys spending time with his wife, Beth, and his adult daughters and grandson.

I want our clients to know that we will always be working with their best interests in mind – now and in the future. We proactively manage their financial lives by mitigating dangers and capturing opportunities.