Financial advisors for family wealth transfer in Minnesota

Which financial advisor should I talk to about passing wealth to the next generation in Minnesota?

For family wealth transfer in Minnesota, talk to a fee-only planner who works with more than one generation, and who will sit down with your children as well as you. The technical work is gifting and trusts, but the harder part is usually preparing the family. Records to start with include Bill Mulvahill of Trailhead Planners, Rebecca Krieger of Accredited Investors Wealth Management® and Naveen Sharma of Nicollet Investment Management.

How many fee-only financial advisors in Minnesota work on family wealth transfer?

The Wellspent public graph lists 43 fee-only advisors for family wealth transfer in Minnesota, at 15 firms. We counted every advisor record that lists this work, as of October 2026.

How do fee-only advisors for family wealth transfer in Minnesota charge?

The most common fee among fee-only advisors for family wealth transfer in Minnesota is a percentage of assets, used by 95% of the 43 with fees on file. Many use more than one: 58% charge fixed fees and 28% charge by the hour.

How much do fee-only financial advisors charge in Minnesota?

Fee-only financial advisors in Minnesota charge a median of $2,100 a year for ongoing planning. We found this across the published prices of 16 Minnesota firms.

How much does a one-time financial plan cost in Minnesota?

A one-time financial plan from a fee-only firm in Minnesota has a median price of $1,200. We found this across the published prices of 13 Minnesota firms.

See every fee-only advisor fee in Minnesota

What credentials should a financial advisor for family wealth transfer have?

For family wealth transfer, look for the CFP and CPA. In Minnesota, 49% of the 43 advisors listed hold the CFP.

Does Minnesota have an estate tax?

Yes. Minnesota has its own estate tax, separate from the federal one, and its threshold can be lower.

What should I ask a financial advisor about passing wealth to the next generation in Minnesota?

1. How do you involve the next generation, and when?
2. What would you gift now, and what would you hold until death?
3. How do you work with our attorney and accountant?
4. What happens to the relationship when the first generation is gone?
5. How would you plan for Minnesota's estate tax as well as the federal one?

How current is this list of fee-only advisors for family wealth transfer in Minnesota?

Wellspent last checked these records against SEC records in October 2026 and firm websites in October 2026. Each advisor's page shows the date for that record.