Financial advisors for ultra-high-net-worth families in Minnesota

Which financial advisor should I talk to as an ultra-high-net-worth family in Minnesota?

For ultra-high-net-worth families in Minnesota, talk to a fee-only firm with a team across investing, tax, and estate work, and ask who actually does each part. At this level, how fees scale on large balances matters as much as the percentage you're quoted. Records to start with include Sharon Bloodworth of White Oaks Wealth Advisors, Inc., Susan Becker of Nicollet Investment Management and Paul Dwyer of Punch & Associates.

How many fee-only financial advisors in Minnesota work with ultra-high-net-worth families?

The Wellspent public graph lists 35 fee-only advisors for ultra-high-net-worth families in Minnesota, at 6 firms. We counted every advisor record that lists this work, as of October 2026.

How do fee-only advisors for ultra-high-net-worth families in Minnesota charge?

The most common fee among fee-only advisors for ultra-high-net-worth families in Minnesota is a percentage of assets, used by 100% of the 35 with fees on file. Many use more than one: 74% charge fixed fees and 49% charge performance-based fees.

How much do fee-only financial advisors charge in Minnesota?

Fee-only financial advisors in Minnesota charge a median of $2,100 a year for ongoing planning. We found this across the published prices of 16 Minnesota firms.

How much does a one-time financial plan cost in Minnesota?

A one-time financial plan from a fee-only firm in Minnesota has a median price of $1,200. We found this across the published prices of 13 Minnesota firms.

See every fee-only advisor fee in Minnesota

What credentials should a financial advisor for ultra-high-net-worth families have?

For ultra-high-net-worth families, look for the CFA, CPA and CFP. In Minnesota, 23% of the 35 advisors listed hold the CFP.

Does Minnesota have an estate tax?

Yes. Minnesota has its own estate tax, separate from the federal one, and its threshold can be lower.

What should I ask a financial advisor as an ultra-high-net-worth family in Minnesota?

1. What would I pay in dollars, on my balance, each year?
2. Who on your team handles tax and estate work?
3. How many clients my size do you serve?
4. How do you handle private investments?
5. How would you plan for Minnesota's estate tax as well as the federal one?

How current is this list of fee-only advisors for ultra-high-net-worth families in Minnesota?

Wellspent last checked these records against SEC records in October 2026 and firm websites in October 2026. Each advisor's page shows the date for that record.