Firm
Great River Financial
Plymouth, Minnesota
Fee-only
Great River Financial at a glance
- One of 180 fee-only firms based in Minnesota in the Wellspent graph.
- 3 advisors are listed here; all hold the CFP.
- Its Form ADV reports 5 employees and 136 individual clients, 56 of them high net worth.
- Its average account is about $461,000 (assets it manages divided by its 438 accounts).
- Its website says it's taking new clients.
Fee-only advisors in Minnesota · What fee-only advisors charge in Minnesota
Facts
| Based in | Plymouth, Minnesota |
|---|---|
| Website | greatriverfinancial.com |
| [email protected] | |
| Phone | (763) 231-7581 |
Great River Financial fees
What the firm's own website says it charges, checked October 28, 2026. We keep a price only when the exact words stating it appear on the page.
| Asset-based fee | 1% a year on the first tier of assets |
|---|---|
| How it charges | Percentage of assets |
In the firm's words
"1% on First $1,000,000" source
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 |
|---|---|
| Assets managed | $202 million |
| Individual clients | 80 |
| High-net-worth clients | 56 |
| Accounts managed | 438 |
| Employees | 5 |
| Planning clients | 101-250 |
| Registered with | The SEC (801-121581) |
| Financial planning | Offered |
| Form ADV filed | September 8, 2026 |
| SEC record | CRD 314172 |