Firm
Myrna Mitchell, MBA, CFP
Rapid City, South Dakota
Fee-only
Myrna Mitchell, MBA, CFP at a glance
- One of 17 fee-only firms based in South Dakota in the Wellspent graph.
- 2 advisors are listed here; all hold the CFP.
- Its Form ADV reports 1 employee and 15 individual clients, 10 of them high net worth.
- Its average account is about $1.2 million (assets it manages divided by its 15 accounts).
Facts
| Based in | Rapid City, South Dakota |
|---|---|
| Phone | (605) 390-2614 |
Myrna Mitchell, MBA, CFP fees
Myrna Mitchell, MBA, CFP 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 | Hourly · Fixed fees |
|---|---|
| Assets managed | $18 million |
| Individual clients | 5 |
| High-net-worth clients | 10 |
| Accounts managed | 15 |
| Employees | 1 |
| Planning clients | 11-25 |
| Financial planning | Offered |
| Form ADV filed | March 30, 2026 |
| SEC record | CRD 118531 |