Rice County, MN Financial Advisors and Resources

Financial Advisor Firms in Rice County, MN



(507) 334-7433

1803 Legacy Drive

Faribault, MN 55021

SEC#: 801-35808
Years in Business: 31 years

How Retirement-Friendly is Rice County, MN?

  • Population: 66,185
  • % of Population 62 Years and Over: 18.8%
  • Average Home Value: $218,800
  • Average Monthly Housing Cost: $1,011
  • Average Household Income: $85,520
  • 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.)

Rice County, MN Financial Advisor FAQs

Fees range from 1% to 5% per annum of assets under management and more for higher net worth individuals. They may also make commissions on the sale of securities such as stocks and bonds.
Financial advisors can help clients with retirement planning, saving for education, savings and investments, insurance, debt management and other financial needs as they arise.
Financial advisors are definitely assets that can help you make wise decisions in investing, saving for the future, and contemplating for contingency plans in the future.
Common questions for financial advisors include how they are compensated, what products they sell, what types of investments are offered, how the advisor determines an appropriate amount of risk for an investor's portfolio and more.