Best Financial Advisors in Minot

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
50+
Advisors
4.5/5.0
Average Rating

Minot Financial Landscape

Minot's economy is driven by agriculture, healthcare, and energy sectors. The city is experiencing steady growth, supported by its strategic location and infrastructure.

Major industries
Agriculture, Healthcare, Energy
Population
46.3K (metro: 46.3K)
Median household income
$60,000
Unique needs
Minot requires tailored financial advice due to its unique economic landscape and population dynamics.
Market Insights
Economic Growth
According to BEA (2023), Minot's economy grew by 3.2% last year, driven by energy and agriculture sectors.
Wealth Demographics
According to Census (2023), the median income in Minot is approximately $60,000, reflecting the city's diverse job market.
Advisor Specializations
Based on BLS (2023), financial advisors in Minot increasingly focus on agriculture and energy sectors, adapting to local economic needs.
Local Considerations
Cost of Living
According to BLS (2024), Minot's cost of living is lower than the national average, making it an attractive place for families.
Real Estate Market
According to Zillow (2024), Minot's real estate market is stable, with moderate price increases and a healthy inventory.
Business Environment
According to Fortune (2024), Minot's business climate is favorable, with incentives for startups and established businesses alike.

Top 5 Financial Advisors in Minot

Freedom Financial Group
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Tom Miller, AAMS®|CRPC™
★ ★ ★ ★ ★ 5
Mike Lauckner - Thrivent
★ ★ ★ ★ ★ 5
Tina Morey - Financial Advisor, Ameriprise Financial Services, LLC
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Ginger Quam, CFP®|AAMS®
★ ★ ★ ★ ★ 5
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How to Choose the Right Financial Advisor

When selecting a financial advisor in Minot, 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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Minot-Specific Expertise
For Minot residents working in Agriculture, Healthcare, Energy, 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
Minot's reliance on agriculture and energy poses risks; diversify investments. Real estate may face volatility from economic shifts and weather events like floods.

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Find Financial Advisors in Nearby Cities

Explore financial advisor options in these nearby North Dakota locations

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