Find a Financial Planner in Wayzata, MN

 

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We Only Work With The Best Wayzata 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 Wayzata, MN


  • Financial Advisor Close to Wayzata, MN

  • 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 Wayzata Help You?

Wealth management is a type of financial planning that focuses on asset protection and risk management for high-net-worth individuals and organizations. It provides those in the Wayzata area with advisory and management services on the full spectrum of a client’s finances, including financial and investment advice, legal and estate planning, accounting, tax services, business financial planning, debt management, and retirement planning.
Personal financial planners in Wayzata offer services that focuses primarily on helping clients establish, organize, and maintain their personal finances. This can take the form of managing their retirement accounts, investments, taxes, and other financial assets.
36.9% of Wayzata'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 Wayzata area, this strategy might include income and expense planning, savings strategies, investing advice, and asset and risk management.
The goal of estate planning is to establish a clear plan for the distribution of your assets--called your "estate"--upon your death, incapacitation, or another predetermined condition. Estate planning in the Wayzata area is typically done by a financial advisor, but sometimes legal professionals are required to assist with things like a living will.
Business financial planning is the task of mapping out a path to achieving a business's financial goals. These goals are often expanded and reevaluated as the company grows, making financial planning for businesses in the Wayzata area an ongoing effort.
Tax planning is a service offered by qualified tax planners, financial advisors, and other financial professionals in the Wayzata area who determine what breaks are available to you to minimize your tax payments. Tax planning strategies will differ depending on depending on where you live. Minnesota has unique laws defining which actions trigger a taxable event and has the 6th highest 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 Wayzata 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 and management is a service that can be performed by a qualified financial advisor in which they combine multiple existing loans into a single loan with more favorable financing terms. Advisors in the Wayzata area often use this strategy when clients have high-interest credit card debt or private student loans.

 

The Value of Working With the Best Financial Planners in Wayzata, MN


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 Wayzata, MN

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

  • Population: 4,561
  • % of Population 62 Years and Over: 36.9%
  • Average Home Value: $491,200
  • Average Monthly Housing Cost: $1,538
  • Average Household Income: $180,626
  • 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.)


The Top Financial Advisor Firms in Wayzata, MN


PERKINS CAPITAL MANAGEMENT INC

Website

(952) 473-8367

730 Lake Street East

Wayzata, MN 55391

SEC#: 801-22888
Years in Business: 36 years

QUANTITATIVE ASSET MANAGEMENT, LLC

Website

(952) 476-7855

641 E. Lake Street
Suite 216
Wayzata, MN 55391

SEC#: 801-67607
Years in Business: 14 years

PACK PRIVATE WEALTH, LLC

Website

(952) 563-9811

1905 Wayzata Blvd.
Suite 320
Wayzata, MN 55391

SEC#: 801-119617
Years in Business: 0 years

NEW ERA FINANCIAL ADVISORS, INC.

Website

(952) 473-1116

801 Twelve Oaks Center Drive
Suite 826
Wayzata, MN 55391

SEC#: 801-26809
Years in Business: 35 years

SOMERSET GROUP LLC

Website

(952) 681-7254

15600 Wayzata Blvd
Suite 304
Wayzata, MN 55391

SEC#: 801-73020
Years in Business: 9 years

DOUGHERTY WEALTH ADVISERS LLC

Website

(612) 376-4033

861 Lake Street North

Wayzata, MN 55391

SEC#: 801-99370
Years in Business: 6 years

PERCEPTIVE EDGE INVESTMENT MANAGEMENT, INC.

Website

(952) 476-2770

15600 Wayzata Blvd.
Suite 101
Wayzata, MN 55391

SEC#: 801-79412
Years in Business: 7 years

NORTHERN PACIFIC GROWTH INVESTMENT ADVISORS, LLC

Website

(952) 456-5300

315 Lake st E
Suite 301
Wayzata, MN 55391

SEC#: 801-117047
Years in Business: 2 years

BLUE ROCK ADVISORS, LLC

Website

(952) 229-8700

445 East Lake Street, Suite 120

Wayzata, MN 55391

SEC#: 801-106890
Years in Business: 5 years

NORTHERN PACIFIC GROUP, L.P.

Website

(952) 456-5300

315 Lake st E
Suite 301
Wayzata, MN 55391

SEC#: 801-117045
Years in Business: 2 years