Firm
Silveroak Wealth Management, LLC
Edina, Minnesota
Fee-only
Silveroak Wealth Management, LLC at a glance
- One of 180 fee-only firms based in Minnesota in the Wellspent graph.
- 7 advisors are listed here; all hold the CFP.
- Its Form ADV reports 23 employees and 444 individual clients, 328 of them high net worth.
- Its average account is about $1.0 million (assets it manages divided by its 1,992 accounts).
Fee-only advisors in Minnesota · What fee-only advisors charge in Minnesota
Facts
| Based in | Edina, Minnesota |
|---|---|
| [email protected] | |
| Phone | (952) 896-5700 |
Silveroak Wealth Management, LLC fees
Silveroak 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 | $2.0 billion |
| Individual clients | 116 |
| High-net-worth clients | 328 |
| Accounts managed | 1,992 |
| Employees | 23 |
| Planning clients | 251-500 |
| Registered with | The SEC (801-60208) |
| Financial planning | Offered |
| Form ADV filed | March 31, 2026 |
| SEC record | CRD 110532 |