Carter Michaelson
illumiFI Wealth · Blaine, Minnesota
Carter Michaelson is a fee-only financial advisor at illumiFI Wealth in Blaine, Minnesota, who holds the CFP credential. Carter charges a percentage of assets and an ongoing planning fee (ongoing planning from $1,200 a year and 0.8% a year on the first tier of assets managed) and focuses on student loans, tax planning and estate & legacy planning.
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Specialties
Who they serve
- Physicians
Facts
| Firm | illumiFI Wealth |
|---|---|
| Based in | Blaine, Minnesota |
| Fee model | Percentage of assets · Ongoing planning fee |
| Fees (firm's website) | Ongoing planning from $1,200 a year · 0.8% a year on the first tier of assets managed |
| Accepting new clients | Yes |
| Assets under management | $8.5M across 129 accounts |
| Credentials | CFP |
| SEC registration | Investment adviser representative in MN · CRD 7211013 |
| Exams passed | Series 66 (2020) |
| Firm size | 1 employee |
| Disclosures | None reported |
| Website | illumifiwealth.com |
| Profile |
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Questions about Carter
Is Carter Michaelson a fee-only financial advisor?
Yes, according to SEC records as of October 29, 2026: Carter holds no broker registration, and illumiFI Wealth reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency on its Form ADV.
How does Carter charge for financial advice?
Carter charges a percentage of assets and an ongoing planning fee.
How much does Carter charge?
According to illumiFI Wealth's website, checked October 30, 2026: ongoing planning from $1,200 a year; 0.8% a year on the first tier of assets managed.
Where is Carter Michaelson based?
Carter Michaelson is based in Blaine, Minnesota.
What does Carter specialize in?
Carter's specialties include student loans, tax planning, estate & legacy planning and retirement planning. Carter works with physicians.
What credentials does Carter Michaelson hold?
Carter Michaelson holds the CFP credential.
Is Carter Michaelson registered with the SEC?
Yes. Carter Michaelson is registered as an investment adviser representative in MN (CRD 7211013), per SEC Investment Adviser Public Disclosure data as of October 29, 2026.
How much does illumiFI Wealth manage?
illumiFI Wealth reports $8.5M across 129 accounts in assets under management.
How do I contact Carter Michaelson?
Through Carter's website, illumifiwealth.com.
What these terms mean: fee-only · fiduciary · CFP · CRD number · all terms
Where this information comes from
- SEC adviser records : the firm's Form ADV reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency, and the advisor holds no broker registration
- illumiFI Wealth website : specialties, clients served, and fees, checked October 30, 2026
- SEC Investment Adviser Public Disclosure : registration, exams, and the firm's Form ADV, data as of October 29, 2026
- Directory listing last checked October 30, 2026.
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