Brothers Manage Nearly One Billion Local Kroner: We Don’t Gamble

Rune and Anders Kvikstad have consolidated their financial operations in Gjøvik, managing nearly 1 billion Norwegian kroner for regional clients.

The brothers officially transitioned their practice to the top floor of the Parkgata office building last week, establishing themselves as partners within the Söderberg & Partners Wealth Management network, Oppland Arbeiderblad reported.

Strategic Shift in Gjøvik Wealth Management

  • The Kvikstad brothers now oversee approximately 1 billion NOK in client assets, expanding their local practice.
  • The move to Parkgata aligns the team with the Söderberg & Partners institutional infrastructure, moving away from independent operations.
  • Rune Kvikstad’s professional background includes a tenure as a nurse at Reinsvoll before transitioning into full-time financial advisory.

Transition from Valutalån to Wealth Management

Rune Kvikstad’s entry into finance began on the sidelines of his medical career, focusing initially on foreign currency loans. This niche interest evolved into a broader wealth management practice that he now operates alongside his brother, Anders Kvikstad. According to their statement in Oppland Arbeiderblad, the brothers emphasize a conservative approach to capital allocation, explicitly distancing their firm from high-risk speculative trading.

“We do not gamble,” Rune Kvikstad stated regarding the firm’s investment philosophy.

By joining Söderberg & Partners, the brothers gain access to a larger analytical framework to support their management of portfolios for clients in the Gjøvik region.

Söderberg & Partners Manages 1 Billion NOK in Gjøvik

Metric Status / Detail
Primary Location Parkgata, Gjøvik
Professional Affiliation Söderberg & Partners Wealth Management
Operational Focus Regional Wealth Management

Future Trajectory for Kvikstad Partners

The move to the new Parkgata office signifies the brothers’ establishment as partners in Söderberg & Partners Wealth Management. As the firm integrates with Söderberg & Partners, the brothers will use the firm’s research capabilities to support their clients.

Photo of author

Daniel Foster - Senior Editor, Economy

Senior Editor, Economy An award-winning financial journalist and analyst, Daniel brings sharp insight to economic trends, markets, and policy shifts. He is recognized for breaking complex topics into clear, actionable reports for readers and investors alike.

US Moves Military Aircraft from UK Bases Amid Potential Iranian Threats