Retirement Planning » Financial Advisors » Minneapolis, MN

Financial Advisors Minneapolis, MN

Latest update: November 20, 2019

Population429,382
State Income Tax6.80%
Median Home Price$270,300
City Sales Tax8.03%

Minneapolis, MN is the largest city in Minnesota and is the third-largest economic center in the midwest.

Find a financial advisor in Minneapolis, MN

We reviewed financial advisors in Minneapolis, MN to help you find the best options out of over 3,100 advisors working in the city. We researched customer reviews, certifications, SEC filings, asset requirements and fees to find financial advisors in Minneapolis with a solid track record.

Box Financial Advisors

  • Assets Managed: $443 million
  • Minimum Assets: N/A

Box Financial Advisors has been operating in Minneapolis since 1989. The financial advisors at the firm make creating a clear and understandable financial plan for clients a priority. Box Financial Advisors also provides retirement planning and survivor planning services.

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Trailhead Planners, LLC

  • Assets Managed: $20.8 million
  • Minimum Assets: N/A

Trailhead Planners provides a comprehensive financial plan that takes all areas of money management into consideration. Financial advisors at Trailhead perform regular reviews of each client’s financial plan and provide tax planning and investment management services. The firm has an open-door policy, so clients can get help as needed.

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JNBA Financial Advisors

  • Assets Managed: $885 million
  • Minimum Assets: $250,000

Financial advisors at JNBA in Minneapolis provide highly customized guidance and planning with expertise in wealth management. The firm has a 97% client retention rate and reviews portfolios every 10 days. JNBA Financial Advisors offers personal wealth management to individuals and families seeking steady, ongoing financial growth. Family office services are comprehensive and include reputation and social media management.

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Schwarz Dygos Wheeler Investment Advisors LLC

  • Assets Managed: $264 million
  • Minimum Assets: $200,000

Financial advisors at Schwarz Dygos Wheeler provide investment portfolio and financial planning. Financial plans cover six key areas plus charitable giving, education funding and Social Security strategies. Family members can combine accounts held at Schwarz Dygos Wheeler Investment Advisors to meet the minimum asset requirement.

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Total Wealth Advisors, LLC

  • Assets Managed: $83.3 million
  • Minimum Assets: N/A

Total Wealth Advisors in Minneapolis offers coordinated financial planning with advisors who explain how each part of the plan influences others. Financial advisors at the firm call this life-integrated financial planning, with expert plan development and client education. Total Wealth Advisors works with families, individuals and business owners.

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NorthRock Partners

  • Assets Managed: $1.28 billion
  • Minimum Assets: N/A

NorthRock Partners provides comprehensive, integrated wealth management services to high-net-worth individuals and those who have the potential to join the affluent category. With headquarters in Minneapolis, NorthRock serves clients all over the United States. The firm offers financial advisory services but primarily provides investment strategizing and management. NorthRock Partners offers an exclusive program for professional athletes.

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White Oaks Wealth Advisors

  • Assets Managed: $393.4 million
  • Minimum Assets: $2 million

White Oaks Wealth Advisors is a woman-owned registered investment advisory firm in Minneapolis. The firm specializes in simplifying wealth management for high-net-worth individuals with financial advisors who have a combined 100 years of experience in the industry. White Oaks Wealth Advisors provides clients access to the same exclusive investment options enjoyed by those who can invest over $100 million without needing to commit to that amount. The firm is very transparent and lists fees on its website.

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Financial Advisor Reviews Minneapolis, MN


Box Financial Advisors

Box Financial Advisors opened for business in Minneapolis nearly three decades ago. The full-service firm emphasizes educating clients and clear communication with both investment management and financial advisory services. Advisors can assist with tax planning, insurance, estate and retirement planning and creating a personalized financial plan. Box Financial has a Survivor Planning program to help clients who recently lost their partner.

Box Financial employs two Behavioral Financial Advisors as well as several Certified Financial Advisors. BFAs can help clients identify behavior getting in the way of achieving goals while teaching them how to change. The firm is affiliated with AdvisorNet that publishes flat financial planning fees of $400 to $10,000 depending on the complexity of the plan. Working with an advisor on an ongoing basis typically costs from $150 to $4,000, or $300 per hour. Investment management fees are a percentage of assets, wrap fees and other costs.

Box Financial Advisors
Assets Managed $443 Million
Minimum Assets N/A
Number of Advisors 6
Fee Structure Fee-Based
Address 701 4th Avenue South Suite 1710

Trailhead Planners, LLC

Financial advisors at Trailhead Planners in Minneapolis use a comprehensive, tax-focused strategy for financial planning. The company has high standards for the financial advisors, who work to provide value to clients compared to fees charged. The firm uses a three-step process to identify client goals, financial obstacles and opportunities with a plan and implementation strategies. The Trailhead Guided Wealth Management Platform is for clients who wish to work with a financial planner consistently over time. This program includes access to a financial advisor any time you have questions, a network of legal, tax and insurance professionals and regular coaching from your advisor. Guided Wealth Management also includes a Personal Chief Investment Officer for customized investment advice. Trailhead offers sustainable investment strategies with environmentally and socially-aware portfolios.

Trailhead Planners charges $2,000 to $8,000 for the initial financial plan, which includes email support over six months and a checkup by phone or email at the end of the period. Ongoing financial advisory services range from $200 to $2,000 per month, depending on the complexity of the client’s finances. Trailhead also offers flat project-based fees, and you can opt to work with a financial planner for $350 per hour.

Trailhead Planners, LLC
Assets Managed $20.8 Million
Minimum Assets N/A
Number of Advisors 2
Fee Structure Fee-Only
Address 4816 Nicollet Ave

JNBA Financial Advisors

JNBA Financial Advisor’s is an independent fee-only wealth management firm serving clients in Minneapolis. The firm specializes in customized financial planning and strategies with goal-directed asset management. JNBA’s Personal Wealth Management program covers six core financial areas using a team approach with specialists in each area. Financial advisors at JNBA work with the client’s insurance professionals, attorneys and CPAs to develop an effective financial plan. A financial advisor gets in touch with the client regularly to provide guidance. Family office services utilize JNBA’s Active Management System to guard the financial security of the entire family both immediately and into the future. Family office services are very comprehensive. Key financial advisors may assist with real estate transactions, business matters, social media presence and service provider contracts.

JNBA Financial Advisors investment management service fee is equal to a percentage of assets or a fixed annual cost under $5,000. JNBA provides financial advisory services for $1,500 to $10,000 per project or $125 to $250 hourly.

JNBA Financial Advisors
Assets Managed $885 Million
Minimum Assets $250,000
Number of Advisors 18
Fee Structure Fee-Based
Address 8500 Normandale Lake Blvd Suite 450

Schwarz Dygos Wheeler Investment Advisors LLC

Financial advisors at Schwarz Dygos Wheeler offer thorough financial planning services. Clients receive portfolio allocation reviews with advice for tax planning, charitable gifting, risk and insurance analysis, retirement and estate planning. Financial advisors always consider life transitions like retirement and family wealth planning while working with clients. The firm’s goal is to show clients how to achieve long-term financial targets by implementing the financial plan. Schwarz Dygos Wheeler financial advisors periodically review each client’s plan and make recommendations for adjustments when required. The firm also provides specific financial planning for retirement or estate planning and consulting with hourly fees. Portfolio management services are tailored for each client and can involve advising clients on trades they make or making investment decisions on behalf of the client.

Schwarz Dygos Wheeler charges a fixed fee from $1,000 to $10,000 for financial planning services or $250 an hour for less comprehensive financial consulting. Portfolio management fees are a percentage of assets managed.

Schwarz Dygos Wheeler Investment Advisors LLC
Assets Managed $264 Million
Minimum Assets $200,000
Number of Advisors 6
Fee Structure Fee-Based
Address 50 South Sixth Street Suite 1405

Total Wealth Advisors

Clients can start working with a financial advisor at Total Wealth Advisors by meeting in person or virtually. Advisors discuss financial problems and solutions after learning the client’s priorities, current finances, goals and objectives. Then the client can receive comprehensive financial planning services or opt to work on specific money management concerns. Each client gets a written financial plan, and Total Wealth Advisors offers access to a financial advisor for a reasonable month-to-month fee. The firm places emphasis on being flexible and using technology for the convenience of clients. Total Wealth Management works in partnership with TD Ameritrade to offer investment management services by aligning each client’s goals with one of many portfolio selections.

Financial advisors at Total Wealth Advisors assist businesses, individuals and families. Investment management services typically include financial planning. Those who do not wish to invest through the firm pay $500 to $5,000 for financial planning. Total Wealth’s subscription-based financial advisory services are $150 per month.

Total Wealth Advisors
Assets Managed $83.3 Million
Minimum Assets N/A
Number of Advisors 3
Fee Structure Fee-Based
Address 80 South 8th Street Suite 4900

NorthRock Partners

NorthRock Partners provides a full set of financial planning services, primarily to affluent individuals or those who will likely accumulate a high net worth in the future. Financial advisors counsel clients on cash flow, taxes, trust and estate planning, family foundations and charitable giving, investments and lifestyle management. NorthRock employs experts in every financial area to offer clients team-based and concierge services to consistently deliver the best financial advice. The firm has a unique service to provide a financial advisor for professional athletes.

NorthRock provides financial advisory services in exchange for a fee based on a percentage of managed assets or on a flat-fee basis. The firm lists no minimum account size but charges at least $2,000 per year as a program fee, although that amount can vary depending on the investment manager.

NorthRock Partners
Assets Managed $1.28 Billion
Minimum Assets N/A
Number of Advisors 14
Fee Structure Fee-Based
Address 650 Third Avenue South 15th Floor

White Oaks Wealth Advisors

White Oaks Wealth Advisors is a private, fee-only wealth management, financial advisory and family office firm in Minneapolis, MN. Financial advisors at White Oaks assist wealthy individuals with retirement planning, investments, estate and tax planning, stock options, charitable gifting, qualified plan distributions and many other issues. Family office services include family governance (including developing family policies and financial education), risk management and insurance, integrated financial planning, lifestyle management (including business and property planning and financial mentoring) and philanthropy.

Clients who participate in services from White Oaks Wealth Advisors pay a minimum $5,000 for financial planning or $150 to $350 per hour. Those who choose to work with White Oaks Investment Advisors receive financial planning at no cost. The retainer for services of a financial advisor through White Oaks Wealth Advisors is a minimum of $10,000. Family office services cost at least $25,000 annually. White Oaks charges a relatively low percentage of assets fee for managing investments.

White Oaks Wealth Advisors
Assets Managed $393.4 Million
Minimum Assets $2 Million
Number of Advisors 3
Fee Structure Fee-Only
Address IDS Center 80 South Eighth Street Suite 1725

Conclusion

When selecting a financial advisor it’s crucial to do your homework and interview perspective advisors. We recommend speaking with at least three advisors to find the best advisor.

We researched the best advisors in the area with options for all financial situations and created our list to include the best options available.

Minneapolis Financial Advisors
Company Assets Managed Minimum Assets Fee Structure
Box Financial Advisors $443 Million N/A Fee-Based
Trailhead Planners, LLC $20.8 Million N/A Fee-Only
JNBA Financial Advisors $885 Million $250,000 Fee-Based
Schwarz Dygos Wheeler Investment Advisors LLC $264 Million $200,000 Fee-Based
Total Wealth Advisors $1.28 Billion N/A Fee-Based
NorthRock Partners N/A N/A Fee-Only
White Oaks Wealth Advisors $393.4 Million $2 Million Fee-Only

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