Timothy Lapean
Timothy Lapean is a CFP-designated registered investment advisor at Thoughtful Financial Planning, LLC, based in Minneapolis, MN, with 11 years of industry experience. Timothy operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Gen X, and 7 more. Their firm serves 24 clients with $4.8M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $2.0M | 0.80% |
| $2.0M - $4.0M | 0.60% |
| $4.0M - $6.0M | 0.40% |
| $6M+ | 0.30% |
The monthly fee may be negotiable. Accounts within the same household may be combined for a reduced fee.
Fee Estimator
Contact
Timothy Lapean
Location
314 Clifton Avenue, Suite 105, Minneapolis, MN, 55403
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business Activities
Timothy is the owner/proprietor of an owner-occupied triplex and leases two apartments to tenants. This activity requires about 10-20% of Timothy's time.
Employment History
Current Registrations
Thoughtful Financial Planning, LLC
Previous Registrations
Ameriprise Financial Services, INC.
State Registrations1 state
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.
Exams