Preston, MN Financial Advisors and Resources

Financial Advisor Firms in Preston, MN



(212) 598-1837

25887 County rd 12

Preston, MN 55965

SEC#: 801-82172
Years in Business: 6 years

How Retirement-Friendly is Preston, MN?

  • Population: 1,408
  • % of Population 62 Years and Over: 23.5%
  • Average Home Value: $109,300
  • Average Monthly Housing Cost: $685
  • Average Household Income: $64,181
  • Minnesota Total Tax Burden: 9.99% (6th Highest in U.S.)
  • Minnesota Property Tax: 2.86% (23rd Highest in U.S.)
  • Minnesota Individual Income Tax: 3.68% (5th Highest in U.S.)
  • Minnesota Sales and Excise Tax: 3.45% (20th Highest in U.S.)

Preston, MN Financial Advisor FAQs

Financial advisors get paid by charging fees which are based on investment size, asset class, and the number of clients.
In general, you should make sure your financial advisor is reputable and licensed to manage your funds. You can do that by researching their past work to see how they invested the previous client's money.
Yes. You need a financial advisor so they can help you to prepare for the future and take care of things now, with the goal of little or no tax burden on your heirs.
It would be best to find an advisor that has qualifications and experience in the financial field, rather than just someone you've found through word of mouth.