# Timothy LaPean

> Timothy LaPean is a fee-only financial advisor at Thoughtful Financial Planning in Minneapolis, Minnesota, who holds the CFP credential. Timothy charges a percentage of assets, an ongoing planning fee, hourly fees, a flat fee or retainer and a one-time planning fee (ongoing planning from $3,372 a year and one-time plans from $850) and focuses on retirement planning and student loans.

Page: https://find.wellspent.co/advisors/timothy-lapean/
Built from public directory listings; last checked April 21, 2026.

## Facts

- **Firm:** Thoughtful Financial Planning
- **Based in:** Minneapolis, Minnesota
- **Fee model:** Percentage of assets; Ongoing planning fee; Hourly; Flat fee or retainer; One-time planning fee
- **Fees (firm's website):** ongoing planning from $3,372 a year; one-time plans from $850; $425 an hour; 1% a year on the first tier of assets managed
- **Accepting new clients:** Yes (firm's website)
- **Assets under management (firm):** $6.8M across 81 accounts
- **Credentials:** CFP
- **Specialties:** Retirement planning, Student loans
- **Works with:** Retirees
- **CRD:** 2882648 (https://adviserinfo.sec.gov/individual/summary/2882648)
- **SEC registration:** Investment adviser representative in MN
- **Exams passed:** Series 63 (2002)
- **Firm size:** 1 employee
- **Disclosures:** None reported
- **Website:** https://thoughtfulfinancialplanning.com

## Frequently asked questions

### Is Timothy LaPean a fee-only financial advisor?

Yes. Timothy LaPean is listed in the XY Planning Network directory (XYPN members are fee-only). SEC records as of October 27, 2026 show no broker registration and no commission compensation reported by Timothy's firm.

### How does Timothy charge for financial advice?

Timothy charges a percentage of assets, an ongoing planning fee, hourly fees, a flat fee or retainer and a one-time planning fee.

### How much does Timothy charge?

According to Thoughtful Financial Planning's website, checked October 28, 2026: ongoing planning from $3,372 a year; one-time plans from $850; $425 an hour; 1% a year on the first tier of assets managed.

### Where is Timothy LaPean based?

Timothy LaPean is based in Minneapolis, Minnesota.

### What does Timothy specialize in?

Timothy's specialties include retirement planning and student loans. Timothy works with retirees.

### What credentials does Timothy LaPean hold?

Timothy LaPean holds the CFP credential.

### Is Timothy LaPean registered with the SEC?

Yes. Timothy LaPean is registered as an investment adviser representative in MN (CRD 2882648), per SEC Investment Adviser Public Disclosure data as of October 27, 2026.

### How much does Thoughtful Financial Planning manage?

Thoughtful Financial Planning reports $6.8M across 81 accounts in assets under management.

### How do I contact Timothy LaPean?

Through Timothy's website, thoughtfulfinancialplanning.com.

## Sources

- XY Planning Network directory listing (https://www.xyplanningnetwork.com/find-an-advisor/timothy-lapean-10758): XYPN members are fee-only
- SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 27, 2026
- The firm's website (https://www.thoughtfulfinancialplanning.com/): specialties, clients served, and fees, checked October 28, 2026

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Source: Wellspent, the public graph of fee-only advisors (https://find.wellspent.co). No paid placement.