When it comes to personal finances, many people rely on a financial advisor or consulting professional to help them get closer to their goals.
Financial advisors in Minneapolis MN will listen to your financial goals and aspirations. They can help you increase your net worth and move closer to reaching your goals with comprehensive financial planning and investment management. Financial advisors in Minneapolis, MN can help you with retirement planning, estate planning, tax planning, education planning, and philanthropic planning. Additionally, financial advisors in Minneapolis, MN can help you with continuous discretionary management of your investment portfolio.
Choose Fee-Only Advisors
Researching financial advisors before you hire one will help you avoid financial salespeople who make investment recommendations based on selling the financial products that will earn them the highest commissions. Choose financial advisors in Minneapolis, MN who work on a fee-only basis and do not sell products or earn commissions. Look for financial advisors who adhere to a fiduciary standard of care and put their client’s interests above their own.
How to Research Financial Advisors
When you are looking for financial advisors in Minneapolis, MN, check websites like Fee-Only Network or NAPFA (National Association of Personal Financial Advisors). Finding an advisor listed on these websites shows that the advisors have sworn to uphold a fiduciary oath, passed rigorous educational standards and are fee-only. Effective financial advisors will gladly share their expertise with you and answer all your questions. Don’t be afraid to ask tough questions, as it may help you avoid hidden costs and fees.
