Top Financial Advisors in Maple Grove, MN
Top Advisors in Maple Grove
Median Advisor Fee
Compensation Types
Top Credentials
Frequently Asked Questions
How much does a financial advisor cost in Maple Grove?
The median advisory fee in Maple Grove, 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 Maple Grove?
There are 141 fee-only financial advisors in Maple Grove, MN, representing 87% 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 Maple Grove financial advisor?
The most common professional designation among Maple Grove advisors is the CFP (Certified Financial Planner), held by 33 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.