Rosemount, MN Financial Advisors and Resources

Financial Advisor Firms in Rosemount, MN



(651) 480-4601

15040 Canada Ave. W

Rosemount, MN 55068

SEC#: 801-107450
Years in Business: 5 years

How Retirement-Friendly is Rosemount, MN?

  • Population: 24,292
  • % of Population 62 Years and Over: 13.2%
  • Average Home Value: $286,100
  • Average Monthly Housing Cost: $1,557
  • Average Household Income: $122,544
  • 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.)

Rosemount, MN Financial Advisor FAQs

In order to create a lifetime plan, you'll need someone who can help you assess your financial strengths and weaknesses. This person will be able to provide guidance on things such as retirement strategy or money management techniques so that your investments work together and meet your objectives.
Get a referral from a friend or financial professional. The advisor should work with your company, because there may be benefits available to you at work. Get an email intro by sending an email to your financial person and asking them who they use that they would recommend. After speaking over the phone with 5 advisors ask them about their fees, what is included in their services, if it is possible for another broker from the same firm to step in for them when out of town advising on your portfolio, and what kind of investment strategies they typically adopt. Based on these interviews choose one individual to take more time getting know over lunch before deciding whether or not they are worth hiring as your advisor.
The first thing you need to do is find someone who has experience in serving your type of goal - whether it's retirement, growing wealth, preserving wealth, college funds for kids or other children or grandchildren, affording medical expenses - whatever your goal is. Ask them if they have served people like you before - this will give them an idea if he/she understands the challenges that come with managing savings to meet different goals.
Financial advisors help their clients understand the risks and challenges that a person could face in a variety of different financial services. They also offer courses, workshops, and wealth assessment tools to help create more financially stable lives.