Top Financial Advisors in Eden Prairie, MN
Top Advisors in Eden Prairie
Median Advisor Fee
Compensation Types
Top Credentials
Frequently Asked Questions
How much does a financial advisor cost in Eden Prairie?
The median advisory fee in Eden Prairie, 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 Eden Prairie?
There are 157 fee-only financial advisors in Eden Prairie, MN, representing 86.7% 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 Eden Prairie financial advisor?
The most common professional designation among Eden Prairie advisors is the CFP (Certified Financial Planner), held by 53 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.