Mountrail County, ND Financial Advisors and Resources

Financial Advisor Firms in Mountrail County, ND

How Retirement-Friendly is Mountrail County, ND?

  • Population: 10,321
  • % of Population 62 Years and Over: 13.8%
  • Average Home Value: $185,600
  • Average Monthly Housing Cost: $631
  • Average Household Income: $100,606
  • North Dakota Total Tax Burden: 7.81% (13th Lowest in U.S.)
  • North Dakota Property Tax: 2.97% (20th Highest in U.S.)
  • North Dakota Individual Income Tax: 0.87% (10th Lowest in U.S.)
  • North Dakota Sales and Excise Tax: 3.97% (13th Highest in U.S.)

Mountrail County, ND Financial Advisor FAQs

The reality of having a financial advisor will depend on many factors, but if you want an all-in-one package you can expect to pay anywhere from 5% - 25% of your income depending on the level of service and sophistication required by the client.
More often, compensation schemes depend on the service financial advisors provide their clients. If an advisor is more focused on just the financial planning part, he/she earns through hourly fees. If someone is into selling financial products, they earn through commissions.
Ask him about previous work relationships with other clients. Make him discuss how he handles their situation. Get an idea of his investment philosophy and style.
Financial advisors are professionals in the field of financial investments or finances. Financial advisors provide recommendations based on your current needs to help you reach your goals.