Find a Financial Planner in Sioux Falls, SD

 

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We Only Work With The Best Sioux Falls Financial Advisors


We Exclusively Work With Select Partner Firms Who Meet The Highest Standard of Excellence and Trust.

3rd Party Rankings

Our partners have been recognized by some of the best media publication sources like Financial Times, Investor.com, Forbes, and Barron’s

Conflict Free

Our partners will also never sell proprietary investment products

Experience

All leads will be connected with a firm who has been in business for 20+ years

Education & Designations

All leads will be given to a certified CFP with designation from FINRA

Trustworthiness

All of our partners are credible — No conflicts of interest and no disciplinary history

 

Our Process for Choosing
An Independent Financial Advisor in Sioux Falls, SD


  • Financial Advisor Close to Sioux Falls, SD

  • All Advisors Must Meet Fiduciary Standard

  • “Fee-Only” Compensation To Ensure Conflict-Free Advice

  • Exemplary Disciplinary History

  • Required Education and Designations

  • Expertise with Client’s Specific Needs

 

How Can a CFP® in Sioux Falls Help You?

Wealth managers are financial professionals who work to comprehensively build their clients' wealth. Wealth management incorporates nearly all areas of the client's financial life, from investments and asset planning to tax management, retirement, estate planning, and more. In the Sioux Falls area, wealth managers are typically used by high-net-worth individuals or high-capital organizations.
Financial planning is a service in which a qualified professional creates a detailed plan for a client's financial future. Plans in Sioux Falls can include budgeting, retirement planning, tax planning, spending and saving strategies, and more.
15.7% of Sioux Falls's population is of retirement age (62 years and older). For those individuals, the goal of retirement planning is to create a source of income for one’s retirement years. It starts with determining an individual’s retirement goals and then lays out a financial strategy to accomplish them. In the Sioux Falls area, this strategy might include income and expense planning, savings strategies, investing advice, and asset and risk management.
Estate planning is a good way to ensure that your asset base is bequeathed to the appropriate beneficiaries and is properly in accordance with estate tax laws. Comprehensive estate planning in the Sioux Falls area consists of more than just writing a will; it also requires setting up trusts, naming an executor, funeral arrangements, and more.
Business financial planning is a service focused on helping businesses map out steps to achieve a financial goal over a set time. Business financial planning in the Sioux Falls area addresses the many needs a business has, such as staffing, PP&E (property, plant and equipment), intangible assets, investments, etc.
Through tax planning, clients can strategize how best to minimize their tax payments through deductions and write-offs. Tax planning in the Sioux Falls area is generally long-term and performed with the help of a qualified planner. Tax planning strategies will differ depending on depending on where you live. South Dakota has unique laws defining which actions trigger a taxable event and has the 8th lowest total tax burden in the U.S., including income, property, and sales tax.
Transition planning for divorce or loss of a spouse involves working with an attorney or financial advisor in the Sioux Falls area to create a financial planning strategy to protect your assets and heirs in the event of death or divorce. It typically includes updating wills and trusts, evaluating life insurances, long-term care arrangements, and creating inventories of bills, financial accounts, and other interests.
Debt consolidation is a good way to make high-interest debts more manageable. Advisors in the Sioux Falls area can bundle high-interest loans together under more favorable financing terms. This often results in lower interest rates, or lower monthly payments.

 

The Value of Working With the Best Financial Planners in Sioux Falls, SD


A good financial planner can increase your returns by as much as 3% annually.

Vanguard

$2,010,221.91
Without Advisor

$4,643,687.46
With Advisor

Assuming $350k initial investment at 6% annual growth vs 9% annual growth for 30 years.

Find a Fee-Only Financial Planner Near Sioux Falls, SD

We evaluated over 13,000 RIA firms to bring you the best of the best Sioux Falls financial advisors.
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How Retirement-Friendly is Sioux Falls, SD?

  • Population: 177,117
  • % of Population 62 Years and Over: 15.7%
  • Average Home Value: $193,200
  • Average Monthly Housing Cost: $944
  • Average Household Income: $79,847
  • South Dakota Total Tax Burden: 7.37% (8th Lowest in U.S.)
  • South Dakota Property Tax: 3.02% (19th Highest in U.S.)
  • South Dakota Individual Income Tax: 0.00% (Lowest in U.S.)
  • South Dakota Sales and Excise Tax: 4.35% (8th Highest in U.S.)


The Top Financial Advisor Firms in Sioux Falls, SD


STANDARD FAMILY OFFICE, LLC

Website

(605) 496-7760

1601 E. 69th Street
Suite 308
Sioux Falls, SD 57108

SEC#: 801-117264
Years in Business: 1 years

PROFESSIONAL FINANCIAL SERVICES, INC.

Website

(605) 338-9191

5024 S. Bur Oak Pl.
Suite 100
Sioux Falls, SD 57108

SEC#: 801-101514
Years in Business: 5 years

ASPEN PRIVATE ADVISORS, LLC

Website

(605) 951-9620

5201 South Western Avenue
Suite 103
Sioux Falls, SD 57108

SEC#: 801-113814
Years in Business: 2 years

ELGETHUN CAPITAL MANAGEMENT

Website

(605) 367-3336

231 S. Phillips Ave.
Suite 201
Sioux Falls, SD 57104

SEC#: 801-66560
Years in Business: 14 years

SAGE CAPITAL ADVISORS, LLC

Website

(844) 279-7243

122 S. Phillips Avenue, Suite 260

Sioux Falls, SD 57104

SEC#: 801-64637
Years in Business: 15 years

COMPASS FINANCIAL GROUP, INC

Website

(605) 338-7150

4300 South Louise Ave.
Suite 300
Sioux Falls, SD 57106

SEC#: 801-76392
Years in Business: 9 years

PARVIN FUND MANAGEMENT

Website

(610) 806-9001

101 S. Reid Street
Suite 307
Sioux Falls, SD 57103

SEC#: 801-119820
Years in Business: 0 years

LAUER CAPITAL MANAGEMENT LTD

Website

(605) 357-8088

1720 S. Spring Avenue

Sioux Falls, SD 57105

SEC#: 801-48112
Years in Business: 26 years

HAHN FINANCIAL GROUP

Website

(605) 275-3600

3101 S. Phillips Avenue

Sioux Falls, SD 57105

SEC#: 801-80401
Years in Business: 6 years