Best Financial Advisors in Grand Forks

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
4.7/5.0
Average Rating

Grand Forks Financial Landscape

With a population of 54,932, Grand Forks is experiencing steady economic growth, driven by education, healthcare, and agriculture. The city serves as a regional hub for commerce and services.

Major industries
Education, Healthcare, Agriculture
Population
54.9K (metro: N/A)
Median household income
$56,000
Unique needs
Focus on educational services and healthcare access, with a growing demand for diversified economic opportunities.
Market Insights
Economic Growth
According to BEA (2023), Grand Forks has seen a 3% annual growth rate, driven by education and healthcare sectors.
Wealth Demographics
According to Census (2023), the median income in Grand Forks is $56,000, with a diverse income distribution.
Advisor Specializations
Based on BLS (2023), financial advisors in Grand Forks are increasingly focusing on retirement and education planning.
Local Considerations
Cost of Living
According to BLS (2024), Grand Forks has a lower cost of living compared to national averages, making it attractive for new residents.
Real Estate Market
According to Zillow (2024), the real estate market in Grand Forks is stable, with modest appreciation rates and affordable housing options.
Business Environment
According to Fortune (2024), Grand Forks is fostering a supportive business climate, particularly for startups in tech and healthcare.

Top 5 Financial Advisors in Grand Forks

Northern Plains Financial
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Ross P Johnson, CRPC™
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Matt Odenbach, AAMS®
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Brian R Emerson, CFP®|ChFC®
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Bret A Bentow
★ ★ ★ ★ ★ 5
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How to Choose the Right Financial Advisor

When selecting a financial advisor in Grand Forks, 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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Grand Forks-Specific Expertise
For Grand Forks residents working in Education, Healthcare, Agriculture, 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
Grand Forks' economy relies on education and healthcare; diversify to mitigate risks. Real estate is stable, but watch for market fluctuations. Weather risks include severe winter storms.

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