Best Financial Advisors in Eden Prairie

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
60+
Advisors
4.9/5.0
Average Rating

Eden Prairie Financial Landscape

Eden Prairie boasts a diverse economy with a focus on technology, healthcare, and retail. The city is part of the larger Minneapolis-St. Paul metropolitan area, enhancing its economic potential.

Major industries
Technology, Healthcare, Retail
Population
62.6K (metro: 3.6M)
Median household income
$100,000
Unique needs
Eden Prairie requires tailored financial strategies due to its tech focus and housing market dynamics.
Market Insights
Economic Growth
According to BEA (2023), Eden Prairie's economy is growing steadily, driven by technology and healthcare sectors.
Wealth Demographics
According to Census (2023), the median income in Eden Prairie is approximately $100,000, reflecting a prosperous community.
Advisor Specializations
Based on BLS (2023), financial advisors in Eden Prairie are increasingly focusing on tech and healthcare investments.
Local Considerations
Cost of Living
According to BLS (2024), the cost of living in Eden Prairie is higher than the national average, driven by housing and services.
Real Estate Market
According to Zillow (2024), the real estate market in Eden Prairie shows strong demand, with home values appreciating significantly.
Business Environment
According to Fortune (2024), Eden Prairie offers a favorable business climate, attracting startups and established firms alike.

Top 5 Financial Advisors in Eden Prairie

Strategic Wealth Group
★ ★ ★ ★ ★ 5
The Wealth Group - Austin B. Colby & Associates | Eden Prairie, MN
★ ★ ★ ★ ★ 5
Mission Wealth
★ ★ ★ ★ ★ 5
G4 Wealth Advisors - Ameriprise Financial Services, LLC
★ ★ ★ ★ ★ 5
Boulevard Wealth Management
★ ★ ★ ★ ★ 5
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How to Choose the Right Financial Advisor

When selecting a financial advisor in Eden Prairie, 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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Eden Prairie-Specific Expertise
For Eden Prairie residents working in Technology, Healthcare, Retail, 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
Eden Prairie's tech sector needs diversification to mitigate economic downturns. Rapid housing price increases pose bubble risks; consider geographic investment spread. Monitor for severe weather impa...

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Find Financial Advisors in Nearby Cities

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