Best Financial Advisors in Minneapolis

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
400+
Advisors
4.9/5.0
Average Rating

Minneapolis Financial Landscape

Minneapolis has a dynamic economy with a mix of industries including finance, healthcare, and technology. The city is a hub for innovation and entrepreneurship.

Major industries
Finance, Healthcare, Technology
Population
400K (metro: 3.6M)
Median household income
$75,000
Unique needs
Minneapolis requires a focus on tech diversification, affordable housing, and sustainable urban development.
Market Insights
Economic Growth
According to BEA (2023), Minneapolis experienced a 3.2% GDP growth, driven by strong healthcare and tech sectors.
Wealth Demographics
According to Census (2023), the median income in Minneapolis is $75,000, reflecting a diverse economic base.
Advisor Specializations
Based on BLS (2023), financial advisors in Minneapolis are increasingly specializing in retirement planning and tech investments.
Local Considerations
Cost of Living
According to BLS (2024), the cost of living in Minneapolis is 5% above the national average, driven by housing and healthcare costs.
Real Estate Market
According to Zillow (2024), Minneapolis housing prices have risen 8% year-over-year, indicating a competitive market with potential bubble risks.
Business Environment
According to Fortune (2024), Minneapolis ranks high for business climate, with strong support for startups and established firms alike.

Top 5 Financial Advisors in Minneapolis

Guardian Wealth Strategies Fiduciary & Financial Planning
★ ★ ★ ★ ★ 5
Box Financial Advisors Inc
★ ★ ★ ★ ★ 5
NorthRock Partners
★ ★ ★ ★ ★ 5
ISC Financial Advisors
★ ★ ★ ★ ★ 5
Lion's Wealth Management
★ ★ ★ ★ ★ 5
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How to Choose the Right Financial Advisor

When selecting a financial advisor in Minneapolis, 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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Minneapolis-Specific Expertise
For Minneapolis residents working in Finance, Healthcare, Technology, 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
Minneapolis faces tech concentration risks; diversify investments. Real estate is volatile; monitor housing prices. Prepare for winter storms and flooding.

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Find Financial Advisors in Nearby Cities

Explore financial advisor options in these nearby Minnesota locations

Minneapolis St. Paul Rochester Bloomington Duluth Brooklyn Park Plymouth St. Cloud