Best Financial Advisors in Brooklyn Park

Find top-rated local financial advisors who can help you achieve your financial goals with personalized strategies and expert guidance.

Find an Advisor Estimated Advisor Fees
70+
Advisors
5/5.0
Average Rating

Brooklyn Park Financial Landscape

The city has a growing economy driven by retail, healthcare, and manufacturing sectors. With a population of 78,373, it offers a blend of suburban living and urban amenities.

Major industries
Retail, Healthcare, Manufacturing
Population
78373
Median household income
$76,000
Unique needs
Brooklyn Park requires tailored financial advice due to its diverse population and evolving economic landscape.
Market Insights
Economic Growth
According to BEA (2023), Brooklyn Park's economy is expanding, with a focus on retail and healthcare sectors driving job growth.
Wealth Demographics
According to Census (2023), the median income in Brooklyn Park is approximately $76,000, reflecting a diverse economic base.
Advisor Specializations
Based on BLS (2023), financial advisors in Brooklyn Park are increasingly specializing in retirement planning and real estate investments.
Local Considerations
Cost of Living
According to BLS (2024), the cost of living in Brooklyn Park is competitive, with housing costs being the largest expense for residents.
Real Estate Market
According to Zillow (2024), the real estate market in Brooklyn Park is experiencing steady growth, with home values appreciating steadily.
Business Environment
According to Fortune (2024), Brooklyn Park has a favorable business climate, attracting new startups and established companies alike.

Top 5 Financial Advisors in Brooklyn Park

Andrew Schneider - Private Wealth Advisor, Ameriprise Financial Services, LLC
★ ★ ★ ★ ★ 5
Dorval & Chorne Financial
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Jayme M Kruse, CFP®
★ ★ ★ ★ ★ 5
TopLine Investment Services
★ ★ ★ ★ ★ 5
M2 Financial Group
★ ★ ★ ★ ★ 5
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How to Choose the Right Financial Advisor

When selecting a financial advisor in Brooklyn Park, consider these essential factors

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Fiduciary Standard
Prioritize advisors who commit to acting as fiduciaries 100% of the time, legally obligating them to put your interests first.
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Brooklyn Park-Specific Expertise
For Brooklyn Park residents working in Retail, Healthcare, Manufacturing, consider advisors with specific experience in your industry's unique compensation and benefit structures.
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Fee Structure Transparency
Understand how your advisor is compensated—whether through fees, commissions, or a combination—and how this might influence their recommendations.
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Credentials
Seek advisors with recognized credentials such as CFP®, CFA, or ChFC designations, indicating advanced training and ethical standards.
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Communication Style
Choose an advisor whose communication approach matches your preferences regarding frequency, detail, and method of interaction.
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Risk Management Focus
Brooklyn Park's retail and healthcare focus necessitates diversification to mitigate economic downturns. Housing market volatility and potential flooding risks should be considered in investment strat...

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