Shaver of Bank Midwest Wealth Management earns AIF®

NEW ULM — Bank Midwest announced that Derek Shaver has obtained his AIF® (Accredited Investment Fiduciary) designation.

Advisors who have earned the Accredited Investment Fiduciary® designation show that they are interested in and working towards the best interests of their clients. They have gone through training, met the qualifications, and passed the exam allowing use of the AIF® designation.   

AIF® designees have a reputation in the industry for the ability to implement a prudent process into their own investment practices as well as being able to assist others in implementing proper policies and procedures.  They have a clear knowledge of who constitutes a fiduciary and what is required of one, and the Accredited Investment Fiduciary® (AIF®) designation represents a thorough knowledge of and ability to apply the fiduciary practices.

“Derek aspires to be an elite professional and earning this designation shows that,” said Shannon Hillesheim, Community Bank President of the New Ulm, Minnesota branch. “Our customers can feel confident that the level of service they receive from Derek will be of the highest quality.”

Derek is a registered representative with SII Investments, Inc. Derek’s web site may be viewed at

Bank Midwest is an employee-owned organization with 11 locations throughout Iowa, Minnesota and South Dakota.


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