Firm
Flourish Wealth Management Inc.
Edina, Minnesota
Fee-only
Flourish Wealth Management Inc. at a glance
- One of 180 fee-only firms based in Minnesota in the Wellspent graph.
- 4 advisors are listed here; 1 of 4 hold the CFP.
- Its Form ADV reports 7 employees and 157 individual clients, 148 of them high net worth.
- Its average account is about $506,000 (assets it manages divided by its 900 accounts).
Fee-only advisors in Minnesota · What fee-only advisors charge in Minnesota
Facts
| Based in | Edina, Minnesota |
|---|---|
| Website | flourishwealthmanagement.com |
| [email protected] | |
| Phone | (952) 392-4474 |
Flourish Wealth Management Inc. fees
Flourish Wealth Management Inc. doesn't publish its prices on its website, or we couldn't confirm them word for word. Ask for its Form ADV Part 2A, which must describe its fees.
For comparison, fee-only firms that publish prices charge a median of $4,500 a year for ongoing planning, $2,000 for a one-time plan, $300 an hour, or 1% of assets. See the fee report.
What its SEC filing says
| Paid by | Percentage of assets · Hourly · Fixed fees |
|---|---|
| Assets managed | $455 million |
| Individual clients | 9 |
| High-net-worth clients | 148 |
| Accounts managed | 900 |
| Employees | 7 |
| Planning clients | 1-10 |
| Registered with | The SEC (801-113325) |
| Financial planning | Offered |
| Form ADV filed | May 6, 2026 |
| SEC record | CRD 170591 |