Top Financial Advisors in Coon Rapids, MN

Q: How much does a financial advisor cost in Coon Rapids?

The median advisory fee in Coon Rapids, MN is 1.50% of assets under management.

Q: How many fee-only advisors are in Coon Rapids?

There are 38 fee-only financial advisors in Coon Rapids, MN, representing 69.1% of all advisors in the area.

Q: What credentials should I look for in a Coon Rapids financial advisor?

The most common professional designation among Coon Rapids advisors is the CFP (Certified Financial Planner), held by 6 advisors.

38 fee-only6 CFP certifiedMedian fee: 1.50% on $500K

Top Advisors in Coon Rapids

Median Advisor Fee

Coon Rapids1.50%

National1.25%

20% above the national median

Portfolio: $500K

$0$500K$1M$5M$20M

Compensation Types

Fee-Only69.1%

Includes Commission30.9%

Top Credentials

CFP6 advisors

Frequently Asked Questions

How much does a financial advisor cost in Coon Rapids?

The median advisory fee in Coon Rapids, MN is 1.50% of assets under management. This is 20% above the national median. Fees vary based on portfolio size, services provided, and the advisor's fee structure.

How many fee-only advisors are in Coon Rapids?

There are 38 fee-only financial advisors in Coon Rapids, MN, representing 69.1% of all advisors in the area. Fee-only advisors do not earn commissions from selling financial products, which can reduce potential conflicts of interest.

What credentials should I look for in a Coon Rapids financial advisor?

The most common professional designation among Coon Rapids advisors is the CFP (Certified Financial Planner), held by 6 advisors. Other important credentials include the CFA (Chartered Financial Analyst) and CPA (Certified Public Accountant). These certifications require rigorous education, examination, and ongoing continuing education.