Firm
R.M. Shannon Wealth Management, LLC
Saint Paul, Minnesota
Fee-only
R.M. Shannon Wealth Management, LLC at a glance
- One of 180 fee-only firms based in Minnesota in the Wellspent graph.
- 1 advisor is listed here, who holds the CFP.
- Its Form ADV reports 1 employee and 27 individual clients, 20 of them high net worth.
- Its average account is about $233,000 (assets it manages divided by its 133 accounts).
Fee-only advisors in Minnesota · What fee-only advisors charge in Minnesota
Facts
| Based in | Saint Paul, Minnesota |
|---|---|
| Website | rmshannonwealth.com |
| Phone | (621) 981-2788 |
R.M. Shannon Wealth Management, LLC fees
R.M. Shannon Wealth Management, LLC 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 | $31 million |
| Individual clients | 7 |
| High-net-worth clients | 20 |
| Accounts managed | 133 |
| Employees | 1 |
| Planning clients | 26-50 |
| Financial planning | Offered |
| Form ADV filed | March 13, 2026 |
| SEC record | CRD 290718 |
Advisors at this firm (1)
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