Echo Wealth Management, LLC

Financial Advisor in Plymouth, MN

Firm Info
Address: 3033 Campus Dr n145, Plymouth, MN 55441, USA
Phone: (763) 432-7875

Firm Size
Assets Under Management: $162 million
# of Advisors: 2
# of Clients: 382
Client to Advisor Ratio: 191:1
Average Account Size: $424,072
# of Offices: 1

Services Offered
  • Financial Planning
  • Portfolio Management for Individuals & Small Businesses
  • Pension Consulting Services

Types of Clients
  • Individuals (Not High Net Worth)
  • Individuals High Net Worth

    *>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth


Available Fee Structures
  • Percentage of Assets Under Management (AUM)
  • Hourly
  • Fixed Fees (Other than subscription)

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Echo Wealth Management, LLC Overview

Echo Wealth Management, LLC is a fee-only Registered Investment Advisory firm that provides investment advice only. The firm is headquartered in Plymouth, MN and has been in business since 2020. Echo Wealth Management, LLC offers a range of financial services, including financial planning, portfolio management for individuals and small businesses, and pension consulting services. As a fee-only firm, Echo Wealth Management, LLC does not receive any commissions or compensation from the sale of financial products. This means that their advisors are not incentivized to recommend specific investments that may not be in the best interest of their clients. Instead, Echo Wealth Management, LLC charges a flat fee for their services. Whether you are an individual or a small business owner, Echo Wealth Management, LLC can help you achieve your financial goals. Their team of experienced advisors can assist you with financial planning, risk management, and portfolio management. They can also provide guidance on pension consulting, ensuring that your retirement plan is set up correctly and meets your needs. Overall, Echo Wealth Management, LLC is a trusted investment advisory firm that provides comprehensive financial services to their clients. With their fee-only structure and commitment to putting their clients' needs first, you can trust that Echo Wealth Management, LLC is dedicated to helping you achieve your financial goals.

ECHO WEALTH MANAGEMENT, LLC has an extensive client base that includes individuals and high net worth individuals. The firm caters to clients from various sectors such as business owners, doctors, attorneys, retirees, and high-level executives. ECHO WEALTH MANAGEMENT, LLC understands that each client has unique financial goals and objectives, and the firm takes a tailored approach to each client's situation. As a result, the firm offers customized financial planning and investment management services to clients of all backgrounds and stages of life. ECHO WEALTH MANAGEMENT, LLC offers a range of fee structures that vary depending on the service provided. The firm charges a percentage of the assets under management (AUM) for investment management services. The percentage varies depending on the size of the portfolio and the level of service provided. Additionally, ECHO WEALTH MANAGEMENT, LLC offers an hourly fee structure for clients who require specific financial planning services. Some clients may prefer a fixed fee structure, which is a one-time fee charged for specific services such as financial planning or retirement planning. The firm is transparent about its fee structures and provides all clients with an up-front estimate of the expected fees before starting any work. This approach allows clients to make informed decisions about the services they require and the fees they are willing to pay.

Typical Clients, Fee Structures & Investment Minimum

According to the Part 2 Brochure of Echo Wealth Management, LLC, the firm has an investment minimum of $1,000,000. The brochure states: "Our minimum account size is typically one million dollars or higher." This indicates that clients must have at least one million dollars to invest with the firm. Therefore, clients with smaller amounts may need to look for other investment options as Echo Wealth Management has a high investment minimum.

How This Office Can Help Plymouth, MN Residents

Echo Wealth Management, LLC is a financial advisory firm that provides comprehensive financial planning and investment management services to clients in Plymouth, MN. Their team of experienced financial advisors work closely with clients to identify their unique financial situations and tailor a customized plan to meet their specific goals. For someone living in Plymouth, MN, Echo Wealth Management, LLC can assist with a variety of financial situations. With a growing population of retirees in the area, many clients are seeking guidance on how to create a sustainable retirement plan. Echo Wealth Management, LLC can help clients create a retirement plan that meets their lifestyle goals while minimizing risks. Additionally, with a vibrant business community in Plymouth, many clients are small business owners or entrepreneurs who may need assistance with financial planning and investment management for their business. Echo Wealth Management, LLC can help business owners create a solid financial plan for their business while also providing personal financial planning and investment management for their own personal finances.

To view the Minimum Investment and Fee Schedule for Echo Wealth Management, LLC, visit their Part 2 Brochure.

Services Offered by Echo Wealth Management, LLC

Core Advisor Services
Financial Planning

Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.

Portfolio Management for Individuals & Small Businesses

Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.

Market Timing Services

Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.

Other Services
Selection of Other Advisors

The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.

Publication of Periodicals or Newsletters

The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.

Educational Seminars & Workshops

The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.


Fee Structures

Financial advisory fees usually are based on the services provided. Fee types charged by Echo Wealth Management, LLC most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.

Available
Percentage of Assets Under Management (AUM)
Hourly
Fixed Fees (Other than subscription)
Unavailable
Subscription (Newsletter or Periodical)
Commissions
Performance-based Fees
Other

Types of Clients

*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.


This Office Location

Firm location 3033 Campus Dr n145, Plymouth, MN 55441, USA
Phone (763) 432-7875
Opening Hours
  • Mon 8:30 AM–5 PM
  • Tue 8:30 AM–5 PM
  • Wed 8:30 AM–5 PM
  • Thu 8:30 AM–5 PM
  • Fri 8:30 AM–5 PM
  • Sat Closed
  • Sun Closed
Directions
Google My Business Reviews:
4 Stars  |  5 Reviews

Other Office Locations

Firm Headquarters
Firm headquarters location 3033 CAMPUS DRIVE, SUITE N145, PLYMOUTH, MN 55441-2651, United States

This firm has no other locations.

State Registrations

Echo Wealth Management, LLC is registered to service clients in the following states:

  • Minnesota
  • Texas

Disciplinary History

Echo Wealth Management, LLC does not have any disclosures. Please visit it's Form ADV for more details.

FREQUENTLY ASKED QUESTIONS

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