What are some popular services for financial advising?

A financial advisor in Scott County, MN can provide a wide range of financial advising services to individuals and businesses alike. These services may include retirement planning, investment management, tax planning, estate planning, and more. Specifically, in Scott County, MN, a financial advisor may be able to provide guidance on the unique tax laws and regulations in the state, such as the Minnesota estate tax, which applies to estates over a certain value. Additionally, they may be able to advise on local investment opportunities and strategies, such as investing in the growing healthcare industry in the area. With their burstiness and complexity of knowledge, a financial advisor in Scott County, MN can offer invaluable advice and support to help clients achieve their financial goals and secure their financial future.

What are people saying about financial advising services in Scott County, MN?

Scott County, MN is an exceptional place to seek financial advising due to its robust economy and diverse financial landscape. With a population of over 140,000 people, Scott County is home to a plethora of businesses and industries, ranging from agriculture to technology. This diversity has created a dynamic financial environment, with a variety of financial institutions and advisors to choose from. Additionally, Scott County is home to a number of financial education programs and resources, including workshops, seminars, and online resources. These programs enable residents to develop their financial literacy and make informed decisions about their finances. Moreover, Scott County's close proximity to the Twin Cities provides access to additional financial resources and opportunities. All in all, Scott County's strong economy, diverse financial landscape, and financial education resources make it an ideal place to seek financial advising.

What does a financial planner do?

A financial planner in Scott County, MN is an expert in managing personal finances and investments. They work with individuals and families to develop personalized financial plans that meet their unique needs and goals. This includes analyzing their current financial situation, creating a budget, developing an investment strategy, and providing ongoing support and guidance. One specific aspect of Scott County, MN that financial planners must consider is the county's rapidly growing population. With a population of over 150,000 people, Scott County has experienced significant economic growth in recent years, which has created both opportunities and challenges for individuals and families. Financial planners must be able to navigate this complex and dynamic environment, ensuring that their clients are well-positioned to achieve their financial goals in the years ahead.

When should you get a financial planner?

Scott County, MN residents should consider reaching out to a financial advisor when they encounter a significant life event, such as a marriage, divorce, or retirement. With a population of over 150,000, Scott County is a rapidly growing community that is home to a diverse range of individuals and families. As such, it is imperative that its residents take the necessary steps to secure their financial future. A financial advisor can provide guidance on investment strategies, tax planning, and retirement planning, among other areas. They can also help residents navigate complex financial situations, such as estate planning or debt management. With the expertise of a financial advisor, Scott County residents can make informed decisions about their finances and achieve their long-term financial goals.

How do I choose the right financial advisor?

A financial advisor in Scott County, MN must possess a diverse set of qualities to succeed in their profession. Firstly, they must have a deep understanding of the local economy and financial landscape of Scott County. With its rapidly growing population and diverse industries, Scott County presents unique challenges and opportunities that require a nuanced approach. Additionally, a financial advisor must be able to communicate complex financial concepts in a clear and concise manner to their clients. This requires excellent communication skills and the ability to tailor their advice to the individual needs of each client. Furthermore, a successful financial advisor must have a strong ethical compass and always act in the best interests of their clients. This is especially important in Scott County, where trust and integrity are highly valued by the community. Overall, a financial advisor in Scott County must possess a combination of local knowledge, communication skills, and ethical principles to thrive in their profession.

What makes Scott County, MN the top choice for financial advising?

Scott County, MN is home to several top financial advising firms that provide comprehensive financial planning services to individuals and businesses. These firms offer a range of services such as investment management, retirement planning, estate planning, tax planning, and more. One unique aspect of Scott County is its thriving agricultural industry, which has led to the development of specialized financial advising firms that cater to farmers and agricultural businesses. These firms understand the unique financial challenges faced by the agricultural industry and provide tailored solutions to help clients maximize their financial potential. Overall, the financial advising firms in Scott County are known for their expertise, professionalism, and commitment to helping clients achieve their financial goals.

How do financial advisors get paid?

In Scott County, MN, financial advisors can earn compensation through a variety of methods. One common way is through fee-based services, where clients pay a set fee for the advisor's advice and guidance. Another approach is commission-based compensation, where advisors earn a percentage of the investments they recommend to clients. Additionally, some advisors may receive a combination of fees and commissions. It's worth noting that in Scott County, MN, financial advisors are subject to strict regulations and licensing requirements, ensuring that they are qualified and trustworthy professionals. As such, clients can feel confident in their advisor's expertise and ability to provide sound financial guidance.

Find the Top Financial Advisors Serving Scott County, MN

List of Firms

Scott County, MN Fiduciary Financial Advisors

Edward Jones - Financial Advisor: Matt Kleffman

14247 O'Connell Ct Suite 250, Savage, MN 55378, USA

(952) 736-9179

https://www.edwardjones.com/us-en/financial-advisor/matt-kleffman

Directions

Pawlowski & Associates - Ameriprise Financial Services, LLC

1275 Ramsey St Ste 800, Shakopee, MN 55379, USA

(952) 641-5275

https://www.ameripriseadvisors.com/team/pawlowski-associates/?cid=IP_local_google

Directions

Donna J Stacken - Financial Advisor, Ameriprise Financial Services, LLC

113 N Meridian St, Belle Plaine, MN 56011, USA

(952) 873-4410

https://www.ameripriseadvisors.com/donna.j.stacken/contact?cid=IP_local_google

Directions

Erik Eide - Private Wealth Advisor, Ameriprise Financial Services, LLC

208 Broadway St N, Carver, MN 55315, USA

(952) 448-6455

https://www.ameripriseadvisors.com/erik.k.eide/?cid=IP_local_google

Directions

John Stanger - Thrivent

16151 Main Ave SE, Prior Lake, MN 55372, USA

(952) 737-3913

https://connect.thrivent.com/john-stanger?utm_source=GMB&utm_medium=Yext&y_source=1_MTU4NzU0NTktNzE1LWxvY2F0aW9uLndlYnNpdGU%3D

Directions

Ameriprise Financial - Eide & Associates

208 Broadway St, Carver, MN 55315, USA

(952) 448-6455

https://www.ameripriseadvisors.com/team/eide-associates/aboutus/?cid=IP_local_google

Directions

Edward Jones - Financial Advisor: Derek D Brinkman

5 out of 5

5116 Gateway St SE Suite 203, Prior Lake, MN 55372, USA

(952) 447-1330

https://www.edwardjones.com/us-en/financial-advisor/derek-brinkman?y_source=1_OTcxODcwNi03MTUtbG9jYXRpb24ud2Vic2l0ZQ%3D%3D

Directions

Where Certified Financial Advisors in Scott County, MN Serve

Scott County, MN is a vibrant community located in the heart of Minnesota. Known for its stunning natural beauty, this county boasts a plethora of landmarks that are sure to impress. From the breathtaking views of the Minnesota River Valley to the historic charm of downtown Shakopee, there is something for everyone in Scott County. When it comes to employment opportunities, Scott County is home to a diverse range of top employers. From the healthcare industry to manufacturing and technology, there are plenty of job opportunities available for those looking to make their mark in this thriving community. If you're looking to get around Scott County, there are several major highways and streets that make travel a breeze. From Highway 169 to County Road 42, you can easily navigate your way around this county and beyond. Finally, when it comes to neighborhoods, Scott County has a little bit of everything. From cozy suburban communities to bustling urban areas, there is a neighborhood to suit every lifestyle and budget.

Nearby Locations

Albert Lea, MN Anoka County, MN Apple Valley, MN Arden Hills, MN Bloomington, MN Buffalo, MN Cambridge, MN Carver County, MN

Services Provided by Fee Based and Fee Only Financial Advisors

Banks and Credit Unions

Residents of Scott County, MN can benefit from the services of a financial advisor in a number of ways. A financial advisor can help residents with retirement planning, investment strategies, and debt management. One specific way that a financial advisor can help residents of Scott County is by providing guidance on how to navigate the local housing market. With the median home price in Scott County being higher than the national average, a financial advisor can help residents make informed decisions about buying or selling a home, as well as provide advice on managing mortgage payments and other related expenses. Additionally, a financial advisor can help residents plan for unexpected expenses, such as medical emergencies or job loss, which can have a significant impact on their financial stability. By working with a financial advisor, residents of Scott County can feel more confident in their financial future and make informed decisions about their money.

Insurance Broker

Residents of Scott County, MN can benefit greatly from the services of an insurance broker. For example, an insurance broker can help residents find the best health insurance plan that fits their specific needs and budget. This is especially important in Scott County, where the population is growing rapidly and many people are looking for affordable healthcare options. Additionally, an insurance broker can help residents navigate the complex world of insurance policies and regulations, ensuring that they are fully protected in the event of an accident or other unforeseen circumstances. With the help of an insurance broker, residents of Scott County can rest assured that they are getting the best possible coverage at the most competitive rates.

Retirement Planning

Residents of Scott County, MN can benefit greatly from the expertise of a retirement planner. With a growing aging population in the area, a retirement planner can assist individuals in planning for their future financial needs, including retirement income, healthcare costs, and long-term care. Specifically, with the average life expectancy in Scott County being higher than the national average, a retirement planner can help residents ensure they have enough savings and investments to support a longer retirement. They can also help residents navigate the complex world of Social Security and Medicare, ensuring they are maximizing their benefits. A retirement planner can provide peace of mind and a clear plan for a secure financial future.

Wealth Management

Residents of Scott County, MN can benefit from the services of a wealth manager in numerous ways. For instance, a wealth manager can help residents of Scott County, MN to develop and implement a personalized investment strategy that aligns with their financial goals. Additionally, a wealth manager can offer guidance on how to manage debt, create a budget, and optimize tax strategies, among other financial planning services. In particular, given the county's strong agricultural industry, a wealth manager can help farmers and ranchers develop a comprehensive estate plan that addresses the unique challenges and opportunities associated with this sector. Ultimately, a wealth manager can help residents of Scott County, MN achieve their financial objectives while minimizing risk and maximizing returns.

Mortgage Loan Officer

Residents of Scott County, MN can benefit from the services of a mortgage loan officer in several ways. Firstly, a mortgage loan officer can help residents of Scott County find the best mortgage rates and terms that suit their financial situation. With the rising cost of living in Scott County, it is important to secure a mortgage that is affordable and flexible. Secondly, a mortgage loan officer can help residents navigate the complex process of applying for a mortgage. This includes filling out paperwork, gathering necessary documents, and understanding the various types of mortgages available. Lastly, a mortgage loan officer can provide guidance on how to improve credit scores and increase the chances of being approved for a mortgage. With the help of a mortgage loan officer, residents of Scott County can achieve their dream of owning a home in one of Minnesota's fastest-growing counties.

Tax Services

Residents of Scott County, MN could benefit from the expertise of a tax advisor in a number of ways. For example, a tax advisor could assist residents with navigating the complex tax laws and regulations specific to Minnesota, such as the state's individual income tax rates and property tax laws. Additionally, a tax advisor could help residents maximize their tax deductions and credits, potentially saving them money on their tax bills. With the help of a tax advisor, residents of Scott County could feel more confident in their financial decisions and have peace of mind knowing they are taking advantage of all available tax benefits.

Estate Planning Lawyer

Residents of Scott County, MN can benefit greatly from the services of an estate planning lawyer. One of the most common ways an estate planning lawyer can help is by creating a will or trust that outlines how a person's assets will be distributed after they pass away. This is especially important in Scott County, which is known for its large number of rural residents and farmers who may have complex estate planning needs. Additionally, an estate planning lawyer can help residents minimize taxes and avoid probate, which can be a lengthy and costly process. By working with an estate planning lawyer, residents of Scott County can ensure that their wishes are carried out and their loved ones are taken care of after they are gone.

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