How many financial_advisors are in 55305, MN?

There are currently 1 verified financial_advisor listed in 55305, MN. We continuously update our directory to ensure you have access to the most current information.

What is the average rating for financial_advisors in 55305?

Ratings vary across financial_advisors in 55305. Browse individual listings to see specific ratings and reviews.

How do I choose a financial_advisor in 55305?

When choosing a financial_advisor in 55305, consider their ratings, review count, specializations, and location. We recommend requesting quotes from 2-3 professionals to compare services and pricing.

Is it free to request a quote?

Yes, requesting a quote through our directory is completely free. Simply click "Request a Quote" on any professional's listing and fill out the form. The professional will reach out to you directly.

Top Financial_advisors in 55305, MN

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About Financial_advisors in 55305, MN

The financial advisor market in 55305, MN is small, with 1 active prospect currently available. As a growing area near Minneapolis and other nearby suburbs, residents have access to advisors serving the broader Twin Cities region. When selecting a financial advisor, consider whether they operate independently or through a larger firm, and verify their credentials and fee structure align with your financial goals.

Cost guidance

A Flat-Fee Comprehensive Financial Plan in 55305 typically costs around $3,250. This service provides a one-time, detailed analysis of your finances without ongoing management fees. Other advisors may charge hourly rates, assets-under-management fees, or retainer arrangements depending on the complexity of your situation and the services you need.

How to choose a financial advisor in 55305

Verify the advisor holds relevant credentials such as CFP, CFA, or Series 7/65 licenses through FINRA's BrokerCheck or the SEC database.

Ask whether the advisor operates as a fiduciary—meaning they're legally obligated to act in your best interest at all times.

Request a detailed fee schedule in writing, specifying whether they charge flat fees, hourly rates, AUM percentages, or retainers.

Ask about their experience with clients in situations similar to yours, such as retirement planning, estate coordination, or tax optimization.

Confirm they have a documented investment philosophy and process, and ask how often they review and rebalance your portfolio.

Request references from current clients or review any disciplinary history through regulatory databases.

Quality signals to look for

Look for advisors who provide transparent, written fee agreements upfront and hold recognized professional credentials. Verify their registration status through the SEC or state regulators before engaging. Be cautious of advisors who pressure you to make quick decisions, avoid discussing fees, or operate primarily online without any verifiable professional presence. Strong advisors welcome questions about their approach and willingly share details about their qualifications and past client outcomes.

Common financial_advisor services

Assets Under Management (AUM) Fee

You pay an annual percentage of your invested assets for ongoing portfolio management and advice.

Flat-Fee Comprehensive Financial Plan

A one-time fee covers a complete financial analysis, recommendations, and a written plan tailored to your goals.

Hourly Financial Consultation

You pay an hourly rate for specific financial advice, planning sessions, or second opinions on your current strategy.

Retirement Planning Package

A focused service addressing Social Security timing, pension options, withdrawal strategies, and income projections in retirement.

Estate Planning Coordination

The advisor works with your attorney and accountant to align your investments and accounts with your estate goals.

Tax-Loss Harvesting Service

The advisor strategically sells losing positions in your portfolio to offset capital gains and reduce your annual tax bill.

Annual Advisor Retainer (Flat-Fee Ongoing)

You pay a fixed annual fee for unlimited ongoing advice, portfolio reviews, and adjustments throughout the year.

Frequently asked questions

How much does a Flat-Fee Comprehensive Financial Plan cost in 55305?

The median cost for a Flat-Fee Comprehensive Financial Plan in 55305 is $3,250. This covers a thorough analysis of your finances and a written plan, though individual advisors may charge more or less based on complexity.

How many financial advisors are available in 55305?

Currently, there is 1 active financial advisor prospect in 55305. You may also find advisors in nearby communities like Minneapolis, Edina, Bloomington, Minnetonka, and Plymouth who serve clients in the area.

What fee structures do financial advisors in 55305 use?

Advisors in the area offer several fee models: flat-fee plans for comprehensive planning, hourly consultations, assets-under-management (AUM) fees for ongoing portfolio management, retainers for continuous advice, and specialized services like retirement planning and tax-loss harvesting.

How do I verify a financial advisor's credentials in 55305?

Check the SEC's Investment Adviser Public Disclosure database or FINRA's BrokerCheck to confirm registration status and review any disciplinary history. Ask the advisor directly about their certifications, such as CFP or CFA, and request to see documentation.

Should I work with a local advisor or someone in a nearby city?

Many advisors in Minneapolis, Edina, and other nearby suburbs serve clients throughout the Twin Cities region, including 55305. Consider whether you prefer in-person meetings or are comfortable meeting virtually, and prioritize finding an advisor whose approach and credentials match your needs over location alone.