Chester G. Rosengren
Chester G. Rosengren was born Nov. 12, 1908, in Brandon, MN, and moved to Fergus Falls when he was a child. In high school he participated as the center in basketball; sang bass in the glee club; played clarinet in the orchestra; and played Pedro in The Belle of Barcelona, the class play. After graduating from high school in 1926 he attended 8t. Olaf College in Northfield, MN, and went on to get his undergraduate degree at the University of Minnesota. From there he moved to the University of Michigan and received his law degree in 1931.
He was admitted to the Minnesota bar and began to practice law in Fergus Falls. During his career, he served as the Fergus Falls city attorney and Otter Tail County attorney and represented the Lake Region Coop Electrical Association of Pelican Rapids, MN. He also served in many civic positions, including chairman ofthe Fergus Falls School Board and chairman of the Lake Region Hospital.
Chester was a member ofthe Otter Tail County Bar Association, the Minnesota Bar Association, and American Bar Association. He also belonged to the American College of Trial Lawyers. He also functioned for a time as a member ofthe Minnesota State Board of Law Examiners. Chester was head of the Rosengren, Rufer, Blatti, Hefte and Pemberton law firm in Fergus Falls when he was appointed a U.S. District Court Judge in 1965. He later served as chief justice ofthe 7th Judicial District, from which he retired in 1977. He also had served briefly on the Minnesota Supreme Court.
Charles Jon Rosengren
Charles Jon Rosengren was born and grew up in Fergus Falls, Minnesota, and graduated from Fergus Falls High School in 1957. He was active in a variety of school clubs and organizations such as the Thespians, Band, Choir, National Honor Society, and National Athletic Honor Society. While he was on the golf, tennis, and football teams, basketball was his passion. Jon was the starting center on the Fergus Falls High School basketball team that achieved a 26-1 record and won third place at the 1957 state high school basketball tournament.
Jon graduated from Amherst College in Massachusetts. Like his father, he received his law degree from the University of Michigan Law School. He was admitted to the Minnesota Bar in 1964.
He began his professional career working for several national financial firms as a securities analyst, investment broker, investment counselor, and trust department attorney. He quickly learned that their priorities were different from his own. He decided that he wanted to work for a company whose highest priority was doing what was in the best interest of individual clients. He then chose to become an independent financial advisor and devoted his entire career to assisting individual clients with their financial affairs.
Jon was one ofthe first to utilize new and successful approaches to investing for the sole benefit of his clients, including serving as a totally independent advisor and on an hourly fee basis. He taught his clients how to handle their affairs themselves so they did not become dependent on him. Furthermore, he was one of the first to pursue the now-common approach of developing a diversified portfolio of no-load low-cost high-quality mutual funds for long term investing with periodic portfolio rebalancing.
Many of Jon's clients became his closest friends, and one of his clients, Rosemary Moneta, became his wife. Jon and his wife traveled extensively throughout the world.
Jon was a competitive, ethical, and caring man who lived his values both professionally and personally. He followed the financial advice he gave to his own clients and was financially successful. He arranged to provide significant
support to the Fergus Area College Foundation to provide college scholarships for Fergus Falls High School graduates to attend the local community college.
Though Jon's life was cut short by multiple health problems, he lived life with intensity. Perhaps that passion came from his competitive nature and the impact that high school sports had on his life.