# Hourly financial advisors in Minnesota

> AdvisorCensus lists 202 investment advisory firms with a principal office in Minnesota that report hourly charges among their Form ADV Item 5.E compensation arrangements, drawn from Form ADV filings as of October 2026. Firms are listed alphabetically; sort by years registered or assets band using the controls below, and read the methodology block for how this page is derived.

Source: Form ADV filings as of October 2026. Rebuilt monthly. HTML page: https://advisorcensus.com/advisors/mn/hourly/page/3

## At a glance

- Investment advisory firms: 202
- Registration: SEC-registered investment adviser: 101, State-registered investment adviser: 101
- How firms are compensated (Form ADV Item 5.E; shares of the firms that file it): Fee-only (AdvisorCensus test) 80 (40%); Percentage of assets 189 (94%); Hourly charges 202 (100%); Subscription fees (newsletter or periodical) 5 (2%); Fixed fees 162 (80%); Commissions 6 (3%); Performance-based fees 4 (2%); Other 32 (16%)
- Regulatory assets under management (Item 5.F): Under $25 million 51 (25%); $25 million to $100 million 38 (19%); $100 million to $500 million 47 (23%); $500 million to $1 billion 28 (14%); $1 billion to $5 billion 16 (8%); Over $5 billion 9 (4%); Not reported 13 (6%)
- Years registered: Under 5 years 51 (25%); 5 to 9 years 59 (29%); 10 to 19 years 54 (27%); 20 years or more 37 (18%); Not reported 1 (0%)

## Firms (page 3 of 5, 101 to 150 of 202, sorted by name)

| Firm | CRD | City | Registration | Assets band | Years registered | Compensation |
| --- | --- | --- | --- | --- | --- | --- |
| [Laurel Wealth Planning](https://advisorcensus.com/firm/laurel-wealth-planning-edina-mn-122035) ([md](https://advisorcensus.com/firm/laurel-wealth-planning-edina-mn-122035.md)) | 122035 | Edina, MN | SEC-registered investment adviser | $100 million to $500 million | 12 | % of assets, Hourly |
| [LFA](https://advisorcensus.com/firm/lfa-st-cloud-mn-114674) ([md](https://advisorcensus.com/firm/lfa-st-cloud-mn-114674.md)) | 114674 | St. Cloud, MN | SEC-registered investment adviser | $100 million to $500 million | 22 | % of assets, Hourly, Fixed fee |
| [Lifeplan Financial, LLC](https://advisorcensus.com/firm/lifeplan-financial-llc-mankato-mn-136981) ([md](https://advisorcensus.com/firm/lifeplan-financial-llc-mankato-mn-136981.md)) | 136981 | Mankato, MN | SEC-registered investment adviser | $100 million to $500 million | 1 | % of assets, Hourly |
| [Lifestage Wealth Management, Inc.](https://advisorcensus.com/firm/lifestage-wealth-management-inc-coon-rapids-mn-116143) ([md](https://advisorcensus.com/firm/lifestage-wealth-management-inc-coon-rapids-mn-116143.md)) | 116143 | Coon Rapids, MN | State-registered investment adviser | $25 million to $100 million | 24 | % of assets, Hourly, Fixed fee |
| [LIV Wealth Management](https://advisorcensus.com/firm/liv-wealth-management-long-lake-mn-334397) ([md](https://advisorcensus.com/firm/liv-wealth-management-long-lake-mn-334397.md)) | 334397 | Long Lake, MN | State-registered investment adviser | Under $25 million | 1 | % of assets, Hourly, Fixed fee |
| [Longview Financial, Inc.](https://advisorcensus.com/firm/longview-financial-inc-116365) ([md](https://advisorcensus.com/firm/longview-financial-inc-116365.md)) | 116365 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 22 | % of assets, Hourly, Fixed fee |
| [Lottsa Financial Services, Inc.](https://advisorcensus.com/firm/lottsa-financial-services-inc-minneapolis-mn-118995) ([md](https://advisorcensus.com/firm/lottsa-financial-services-inc-minneapolis-mn-118995.md)) | 118995 | Minneapolis, MN | State-registered investment adviser | $25 million to $100 million | 25 | % of assets, Hourly |
| [Luminous Money](https://advisorcensus.com/firm/luminous-money-339844) ([md](https://advisorcensus.com/firm/luminous-money-339844.md)) | 339844 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 0 | % of assets, Hourly, Fixed fee |
| [Mako Wealth Group](https://advisorcensus.com/firm/mako-wealth-group-341865) ([md](https://advisorcensus.com/firm/mako-wealth-group-341865.md)) | 341865 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 0 | % of assets, Hourly, Fixed fee |
| [Maris Wealth Management LLC](https://advisorcensus.com/firm/maris-wealth-management-llc-322487) ([md](https://advisorcensus.com/firm/maris-wealth-management-llc-322487.md)) | 322487 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 3 | % of assets, Hourly, Subscription, Fixed fee |
| [McFee Financial Group, Inc.](https://advisorcensus.com/firm/mcfee-financial-group-inc-minneapolis-mn-116432) ([md](https://advisorcensus.com/firm/mcfee-financial-group-inc-minneapolis-mn-116432.md)) | 116432 | Minneapolis, MN | State-registered investment adviser | Not reported | 28 | Hourly |
| [MD Financial Advisors / Vestment Financial](https://advisorcensus.com/firm/md-financial-advisors-vestment-financial-chanhassen-mn-168771) ([md](https://advisorcensus.com/firm/md-financial-advisors-vestment-financial-chanhassen-mn-168771.md)) | 168771 | Chanhassen, MN | SEC-registered investment adviser | $100 million to $500 million | 7 | % of assets, Hourly, Fixed fee, Other |
| [MHS Advisory Services, LLC](https://advisorcensus.com/firm/mhs-advisory-services-llc-maple-grove-mn-174590) ([md](https://advisorcensus.com/firm/mhs-advisory-services-llc-maple-grove-mn-174590.md)) | 174590 | Maple Grove, MN | SEC-registered investment adviser | $100 million to $500 million | 11 | % of assets, Hourly, Fixed fee, Other |
| [Michael Traxler Wealth Management, LLC](https://advisorcensus.com/firm/michael-traxler-wealth-management-llc-new-prague-mn-285427) ([md](https://advisorcensus.com/firm/michael-traxler-wealth-management-llc-new-prague-mn-285427.md)) | 285427 | New Prague, MN | SEC-registered investment adviser | $100 million to $500 million | 5 | % of assets, Hourly |
| [Midwest Financial Partners](https://advisorcensus.com/firm/midwest-financial-partners-st-cloud-mn-173790) ([md](https://advisorcensus.com/firm/midwest-financial-partners-st-cloud-mn-173790.md)) | 173790 | St. Cloud, MN | SEC-registered investment adviser | $1 billion to $5 billion | 11 | % of assets, Hourly, Fixed fee |
| [Minder Narusiewicz, Inc.](https://advisorcensus.com/firm/minder-narusiewicz-inc-woodbury-mn-115028) ([md](https://advisorcensus.com/firm/minder-narusiewicz-inc-woodbury-mn-115028.md)) | 115028 | Woodbury, MN | State-registered investment adviser | $25 million to $100 million | 29 | % of assets, Hourly |
| [Mindful Asset Planning](https://advisorcensus.com/firm/mindful-asset-planning-apple-valley-mn-113965) ([md](https://advisorcensus.com/firm/mindful-asset-planning-apple-valley-mn-113965.md)) | 113965 | Apple Valley, MN | SEC-registered investment adviser | $500 million to $1 billion | 11 | Hourly, Fixed fee, Other |
| [MJT & Associates Financial Advisory Group, Inc.](https://advisorcensus.com/firm/mjt-and-associates-financial-advisory-group-inc-montevideo-mn-297716) ([md](https://advisorcensus.com/firm/mjt-and-associates-financial-advisory-group-inc-montevideo-mn-297716.md)) | 297716 | Montevideo, MN | SEC-registered investment adviser | $100 million to $500 million | 5 | % of assets, Hourly, Fixed fee |
| [Modus Advisors, LLC](https://advisorcensus.com/firm/modus-advisors-llc-excelsior-mn-291204) ([md](https://advisorcensus.com/firm/modus-advisors-llc-excelsior-mn-291204.md)) | 291204 | Excelsior, MN | SEC-registered investment adviser | $500 million to $1 billion | 8 | % of assets, Hourly, Fixed fee |
| [MSM Financial, LLC](https://advisorcensus.com/firm/msm-financial-llc-minneapolis-mn-298606) ([md](https://advisorcensus.com/firm/msm-financial-llc-minneapolis-mn-298606.md)) | 298606 | Minneapolis, MN | State-registered investment adviser | Under $25 million | 8 | % of assets, Hourly, Fixed fee |
| [Navista Wealth Management, Inc.](https://advisorcensus.com/firm/navista-wealth-management-inc-minnetonka-mn-332373) ([md](https://advisorcensus.com/firm/navista-wealth-management-inc-minnetonka-mn-332373.md)) | 332373 | Minnetonka, MN | SEC-registered investment adviser | $500 million to $1 billion | 2 | % of assets, Hourly, Fixed fee |
| [Navpoint Financial, Inc.](https://advisorcensus.com/firm/navpoint-financial-inc-prior-lake-mn-109432) ([md](https://advisorcensus.com/firm/navpoint-financial-inc-prior-lake-mn-109432.md)) | 109432 | Prior Lake, MN | SEC-registered investment adviser | $500 million to $1 billion | 28 | % of assets, Hourly, Fixed fee |
| [Naylor Asset Management, LLC](https://advisorcensus.com/firm/naylor-asset-management-llc-bloomington-mn-179536) ([md](https://advisorcensus.com/firm/naylor-asset-management-llc-bloomington-mn-179536.md)) | 179536 | Bloomington, MN | State-registered investment adviser | $25 million to $100 million | 11 | % of assets, Hourly |
| [Nepsis, Inc.](https://advisorcensus.com/firm/nepsis-inc-minneapolis-mn-141203) ([md](https://advisorcensus.com/firm/nepsis-inc-minneapolis-mn-141203.md)) | 141203 | Minneapolis, MN | SEC-registered investment adviser | $100 million to $500 million | 20 | % of assets, Hourly, Subscription, Fixed fee, Other |
| [New Generation Wealth Management, LLC](https://advisorcensus.com/firm/new-generation-wealth-management-llc-osseo-mn-289146) ([md](https://advisorcensus.com/firm/new-generation-wealth-management-llc-osseo-mn-289146.md)) | 289146 | Osseo, MN | State-registered investment adviser | Not reported | 9 | Hourly, Other |
| [Nextgen Financial Advice LLC](https://advisorcensus.com/firm/nextgen-financial-advice-llc-292468) ([md](https://advisorcensus.com/firm/nextgen-financial-advice-llc-292468.md)) | 292468 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 8 | % of assets, Hourly, Fixed fee |
| [Nicollet Investment Management, Inc.](https://advisorcensus.com/firm/nicollet-investment-management-inc-minneapolis-mn-109401) ([md](https://advisorcensus.com/firm/nicollet-investment-management-inc-minneapolis-mn-109401.md)) | 109401 | Minneapolis, MN | SEC-registered investment adviser | $500 million to $1 billion | 26 | % of assets, Hourly, Fixed fee |
| [Northland Asset Management](https://advisorcensus.com/firm/northland-asset-management-minneapolis-mn-40258) ([md](https://advisorcensus.com/firm/northland-asset-management-minneapolis-mn-40258.md)) | 40258 | Minneapolis, MN | SEC-registered investment adviser | $100 million to $500 million | 11 | % of assets, Hourly, Fixed fee, Other |
| [Northland Capital Management](https://advisorcensus.com/firm/northland-capital-management-virginia-mn-146452) ([md](https://advisorcensus.com/firm/northland-capital-management-virginia-mn-146452.md)) | 146452 | Virginia, MN | SEC-registered investment adviser | $100 million to $500 million | 6 | % of assets, Hourly |
| [Northstar Wealth Management, Inc.](https://advisorcensus.com/firm/northstar-wealth-management-inc-bloomington-mn-306721) ([md](https://advisorcensus.com/firm/northstar-wealth-management-inc-bloomington-mn-306721.md)) | 306721 | Bloomington, MN | State-registered investment adviser | $25 million to $100 million | 6 | % of assets, Hourly, Commissions, Other |
| [Oak Financial Planning and Coaching, LLC](https://advisorcensus.com/firm/oak-financial-planning-and-coaching-llc-maple-grove-mn-283894) ([md](https://advisorcensus.com/firm/oak-financial-planning-and-coaching-llc-maple-grove-mn-283894.md)) | 283894 | Maple Grove, MN | State-registered investment adviser | Not reported | 10 | Hourly, Fixed fee |
| [Oakfort Wealth Partners](https://advisorcensus.com/firm/oakfort-wealth-partners-minnetonka-mn-169340) ([md](https://advisorcensus.com/firm/oakfort-wealth-partners-minnetonka-mn-169340.md)) | 169340 | Minnetonka, MN | State-registered investment adviser | Under $25 million | 12 | % of assets, Hourly, Fixed fee |
| [Oakwood Capital, Inc.](https://advisorcensus.com/firm/oakwood-capital-inc-st-louis-park-mn-112399) ([md](https://advisorcensus.com/firm/oakwood-capital-inc-st-louis-park-mn-112399.md)) | 112399 | St. Louis Park, MN | SEC-registered investment adviser | $100 million to $500 million | 5 | % of assets, Hourly, Fixed fee, Other |
| [Paladin Capital](https://advisorcensus.com/firm/paladin-capital-arden-hills-mn-288037) ([md](https://advisorcensus.com/firm/paladin-capital-arden-hills-mn-288037.md)) | 288037 | Arden Hills, MN | SEC-registered investment adviser | Under $25 million | 3 | % of assets, Hourly, Fixed fee, Other |
| [Paladin Financial](https://advisorcensus.com/firm/paladin-financial-arden-hills-mn-288387) ([md](https://advisorcensus.com/firm/paladin-financial-arden-hills-mn-288387.md)) | 288387 | Arden Hills, MN | SEC-registered investment adviser | $100 million to $500 million | 3 | % of assets, Hourly, Fixed fee |
| [Pankonin Financial Group](https://advisorcensus.com/firm/pankonin-financial-group-belle-plaine-mn-322520) ([md](https://advisorcensus.com/firm/pankonin-financial-group-belle-plaine-mn-322520.md)) | 322520 | Belle Plaine, MN | State-registered investment adviser | $25 million to $100 million | 3 | % of assets, Hourly, Fixed fee |
| [Panoramic Financial Management](https://advisorcensus.com/firm/panoramic-financial-management-285416) ([md](https://advisorcensus.com/firm/panoramic-financial-management-285416.md)) | 285416 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 9 | % of assets, Hourly |
| [Paratus Wealth Management, LLC](https://advisorcensus.com/firm/paratus-wealth-management-llc-long-lake-mn-137103) ([md](https://advisorcensus.com/firm/paratus-wealth-management-llc-long-lake-mn-137103.md)) | 137103 | Long Lake, MN | State-registered investment adviser | $25 million to $100 million | 20 | % of assets, Hourly, Fixed fee |
| [Perceptive Edge Investment Management, Inc.](https://advisorcensus.com/firm/perceptive-edge-investment-management-inc-wayzata-mn-119436) ([md](https://advisorcensus.com/firm/perceptive-edge-investment-management-inc-wayzata-mn-119436.md)) | 119436 | Wayzata, MN | SEC-registered investment adviser | $500 million to $1 billion | 12 | % of assets, Hourly, Fixed fee |
| [Pivotal Wealth and Tax](https://advisorcensus.com/firm/pivotal-wealth-and-tax-preston-mn-321023) ([md](https://advisorcensus.com/firm/pivotal-wealth-and-tax-preston-mn-321023.md)) | 321023 | Preston, MN | State-registered investment adviser | Under $25 million | 4 | % of assets, Hourly, Subscription, Fixed fee |
| [Planwell Financial Guidance, LLC](https://advisorcensus.com/firm/planwell-financial-guidance-llc-blooming-prairie-mn-293932) ([md](https://advisorcensus.com/firm/planwell-financial-guidance-llc-blooming-prairie-mn-293932.md)) | 293932 | Blooming Prairie, MN | State-registered investment adviser | $25 million to $100 million | 8 | % of assets, Hourly, Fixed fee |
| [Prevail Financial Partners, LLC](https://advisorcensus.com/firm/prevail-financial-partners-llc-bayport-mn-299552) ([md](https://advisorcensus.com/firm/prevail-financial-partners-llc-bayport-mn-299552.md)) | 299552 | Bayport, MN | State-registered investment adviser | $25 million to $100 million | 7 | % of assets, Hourly, Fixed fee |
| [Provident Financial Group LLC](https://advisorcensus.com/firm/provident-financial-group-llc-300501) ([md](https://advisorcensus.com/firm/provident-financial-group-llc-300501.md)) | 300501 | Not reported, Not reported | State-registered investment adviser | Not reported | 7 | Hourly, Fixed fee, Commissions, Performance fee |
| [Quarry Hill Advisors](https://advisorcensus.com/firm/quarry-hill-advisors-saint-paul-mn-288334) ([md](https://advisorcensus.com/firm/quarry-hill-advisors-saint-paul-mn-288334.md)) | 288334 | Saint Paul, MN | SEC-registered investment adviser | $100 million to $500 million | 5 | % of assets, Hourly, Fixed fee |
| [R.M. Shannon Wealth Management, LLC](https://advisorcensus.com/firm/r-m-shannon-wealth-management-llc-st-paul-mn-290718) ([md](https://advisorcensus.com/firm/r-m-shannon-wealth-management-llc-st-paul-mn-290718.md)) | 290718 | St. Paul, MN | State-registered investment adviser | $25 million to $100 million | 8 | % of assets, Hourly, Fixed fee |
| [Red Rock Capital Advisors, LLC](https://advisorcensus.com/firm/red-rock-capital-advisors-llc-hibbing-mn-121855) ([md](https://advisorcensus.com/firm/red-rock-capital-advisors-llc-hibbing-mn-121855.md)) | 121855 | Hibbing, MN | State-registered investment adviser | Under $25 million | 24 | % of assets, Hourly |
| [Renovate Financial Planning](https://advisorcensus.com/firm/renovate-financial-planning-blaine-mn-305844) ([md](https://advisorcensus.com/firm/renovate-financial-planning-blaine-mn-305844.md)) | 305844 | Blaine, MN | State-registered investment adviser | Not reported | 6 | % of assets, Hourly, Fixed fee |
| [Retirement Planning and Management, Inc.](https://advisorcensus.com/firm/retirement-planning-and-management-inc-115483) ([md](https://advisorcensus.com/firm/retirement-planning-and-management-inc-115483.md)) | 115483 | Not reported, Not reported | State-registered investment adviser | $25 million to $100 million | 28 | % of assets, Hourly, Fixed fee |
| [Right Path Financial LLC](https://advisorcensus.com/firm/right-path-financial-llc-310268) ([md](https://advisorcensus.com/firm/right-path-financial-llc-310268.md)) | 310268 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 5 | % of assets, Hourly |
| [Rising Financial](https://advisorcensus.com/firm/rising-financial-minneapolis-mn-322105) ([md](https://advisorcensus.com/firm/rising-financial-minneapolis-mn-322105.md)) | 322105 | Minneapolis, MN | State-registered investment adviser | Under $25 million | 3 | Hourly, Fixed fee, Other |

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## Questions people ask

**How many financial advisory firms are there in Minnesota?**
AdvisorCensus lists 522 investment advisory firms with a principal office in Minnesota, from Form ADV filings as of October 2026: 278 SEC-registered, 207 state-registered, and 37 exempt reporting advisers. Firms may request removal, so the count can differ slightly from the number of firms that file Form ADV.

**How many fee-only financial advisors are in Minnesota?**
192 of the 522 firms meet AdvisorCensus's fee-only test: paid only by a percentage of assets, hourly charges, fixed fees, or subscription fees on Form ADV Item 5.E (no commissions, performance-based fees, or other compensation), with no sales-related compensation ties in the same filing: no employee registered with a broker-dealer or licensed as an insurance agent (Item 5.B), no brokerage, insurance, real estate, or other product sales business (Item 6.A), no related broker-dealer, insurance company, real estate broker, or futures commission merchant (Item 7.A), and no referral fees from others or other sales interest (Item 8). Form ADV has no fee-only box, so this is derived from the filing; it is not a fee-only certification, and a firm's own page lists its compensation arrangements as filed.

**How many financial advisors in Minnesota offer financial planning?**
337 of the 485 firms in Minnesota that answer Form ADV Item 5.G, which asks what advisory services a firm provides, report financial planning services, as of October 2026. Exempt reporting advisers do not answer Item 5.G. Each firm page lists every advisory service the firm reports.

**Are the financial advisors in Minnesota fiduciaries?**
Every firm on this page is an investment adviser that files Form ADV, and an investment adviser owes its clients a fiduciary duty under federal law, made up of a duty of care and a duty of loyalty: it must act in the client's best interest and not put its own interests ahead of the client's, and must eliminate its conflicts of interest or disclose them fully and fairly. Form ADV has no fiduciary box because the duty comes with being an investment adviser. The duty covers the firm's advice; a firm or its people may also sell securities through a broker-dealer or insurance as licensed agents, roles held to other standards. The 192 firms that meet AdvisorCensus's fee-only test report none of those sales ties.

**How do I check whether a financial advisor has disciplinary disclosures?**
Each firm page shows how many Form ADV Item 11 disciplinary questions the firm answered yes and links to the firm's record on the SEC's Investment Adviser Public Disclosure site (adviserinfo.sec.gov), where the detail of each disclosure is public. Individual advisers' records are on the same site and on FINRA BrokerCheck.

**Does AdvisorCensus rate, verify, or recommend these firms?**
No. The directory shows what each firm filed, in alphabetical order unless you choose another sort, and no firm's position depends on payment. Firms that claim their page can add a description and links, marked as provided by the firm; the filed facts are never changed by that content.

**What does regulatory assets under management mean?**
Regulatory assets under management (RAUM) is the figure a firm reports on Form ADV Item 5.F: the securities portfolios it provides continuous and regular supervisory or management services for, at market value, including assets managed without discretion. It measures scale, not performance or quality.

## Related pages

- [Financial advisors in Minnesota](https://advisorcensus.com/advisors/mn) (https://advisorcensus.com/advisors/mn.md)
- [Fee-only financial advisors in Minnesota](https://advisorcensus.com/advisors/mn/fee-only) (https://advisorcensus.com/advisors/mn/fee-only.md)
- [Flat-fee financial advisors in Minnesota](https://advisorcensus.com/advisors/mn/flat-fee) (https://advisorcensus.com/advisors/mn/flat-fee.md)
- [Hourly financial advisors in Minneapolis, MN](https://advisorcensus.com/advisors/mn/minneapolis/hourly) (https://advisorcensus.com/advisors/mn/minneapolis/hourly.md)
- [Hourly financial advisors in Duluth, MN](https://advisorcensus.com/advisors/mn/duluth/hourly) (https://advisorcensus.com/advisors/mn/duluth/hourly.md)
- [Hourly financial advisors in Rochester, MN](https://advisorcensus.com/advisors/mn/rochester/hourly) (https://advisorcensus.com/advisors/mn/rochester/hourly.md)
- [Hourly financial advisors in St. Cloud, MN](https://advisorcensus.com/advisors/mn/st-cloud/hourly) (https://advisorcensus.com/advisors/mn/st-cloud/hourly.md)
- [Hourly financial advisors in Mankato, MN](https://advisorcensus.com/advisors/mn/mankato/hourly) (https://advisorcensus.com/advisors/mn/mankato/hourly.md)

Cite as: AdvisorCensus. Hourly financial advisors in Minnesota: 202 firms from Form ADV filings as of October 2026.