# Financial advisors in Edina, MN > AdvisorCensus lists 35 investment advisory firms with a principal office in Edina, Minnesota (part of the Minneapolis metro area), drawn from Form ADV filings as of October 2026. Firms are listed alphabetically; the full Minneapolis metro area, including neighboring cities, is on its own page. Firms may request removal from the directory, so this count can differ from the number of firms that file Form ADV. Source: Form ADV filings as of October 2026. Rebuilt monthly. HTML page: https://advisorcensus.com/advisors/mn/minneapolis/edina ## At a glance - Investment advisory firms: 35 - Registration: SEC-registered investment adviser: 22, State-registered investment adviser: 12, Exempt reporting adviser: 1 - How firms are compensated (Form ADV Item 5.E; shares of the firms that file it): Fee-only (AdvisorCensus test) 18 (53%); Percentage of assets 33 (97%); Hourly charges 18 (53%); Fixed fees 24 (71%); Commissions 1 (3%); Performance-based fees 6 (18%); Other 2 (6%); No compensation arrangements reported 1 - Regulatory assets under management (Item 5.F): Under $25 million 2 (6%); $25 million to $100 million 10 (29%); $100 million to $500 million 11 (31%); $500 million to $1 billion 3 (9%); $1 billion to $5 billion 7 (20%); Not reported 2 (6%) - Years registered: Under 5 years 9 (26%); 5 to 9 years 9 (26%); 10 to 19 years 9 (26%); 20 years or more 8 (23%) ## Firms (page 1 of 1, 1 to 35 of 35, sorted by name) | Firm | CRD | City | Registration | Assets band | Years registered | Compensation | | --- | --- | --- | --- | --- | --- | --- | | [Abens Financial Services Inc](https://advisorcensus.com/firm/abens-financial-services-inc-edina-mn-106604) ([md](https://advisorcensus.com/firm/abens-financial-services-inc-edina-mn-106604.md)) | 106604 | Edina, MN | SEC-registered investment adviser | $100 million to $500 million | 0 | % of assets, Hourly, Fixed fee | | [Accredited Investors Wealth Management](https://advisorcensus.com/firm/accredited-investors-wealth-management-edina-mn-105439) ([md](https://advisorcensus.com/firm/accredited-investors-wealth-management-edina-mn-105439.md)) | 105439 | Edina, MN | SEC-registered investment adviser | $1 billion to $5 billion | 37 | % of assets, Fixed fee | | [Acumen Financial Advisors, LLC](https://advisorcensus.com/firm/acumen-financial-advisors-llc-edina-mn-152748) ([md](https://advisorcensus.com/firm/acumen-financial-advisors-llc-edina-mn-152748.md)) | 152748 | Edina, MN | SEC-registered investment adviser | $100 million to $500 million | 16 | % of assets, Hourly, Fixed fee | | [AKM Advisory](https://advisorcensus.com/firm/akm-advisory-edina-mn-170187) ([md](https://advisorcensus.com/firm/akm-advisory-edina-mn-170187.md)) | 170187 | Edina, MN | State-registered investment adviser | $25 million to $100 million | 12 | % of assets | | [Authentic Life Financial Planning](https://advisorcensus.com/firm/authentic-life-financial-planning-edina-mn-333946) ([md](https://advisorcensus.com/firm/authentic-life-financial-planning-edina-mn-333946.md)) | 333946 | Edina, MN | State-registered investment adviser | Under $25 million | 1 | % of assets, Hourly, Fixed fee | | [Cahill Financial Advisors, Inc.](https://advisorcensus.com/firm/cahill-financial-advisors-inc-edina-mn-109890) ([md](https://advisorcensus.com/firm/cahill-financial-advisors-inc-edina-mn-109890.md)) | 109890 | Edina, MN | SEC-registered investment adviser | $1 billion to $5 billion | 43 | % of assets, Hourly, Fixed fee | | [Cardinal Wealth Advisors, L.L.C.](https://advisorcensus.com/firm/cardinal-wealth-advisors-l-l-c-edina-mn-134758) ([md](https://advisorcensus.com/firm/cardinal-wealth-advisors-l-l-c-edina-mn-134758.md)) | 134758 | Edina, MN | State-registered investment adviser | $25 million to $100 million | 21 | % of assets, Fixed fee | | [CFG Retirement](https://advisorcensus.com/firm/cfg-retirement-edina-mn-179516) ([md](https://advisorcensus.com/firm/cfg-retirement-edina-mn-179516.md)) | 179516 | Edina, MN | SEC-registered investment adviser | $100 million to $500 million | 2 | % of assets, Hourly | | [Contego Capital Group, Inc.](https://advisorcensus.com/firm/contego-capital-group-inc-edina-mn-128518) ([md](https://advisorcensus.com/firm/contego-capital-group-inc-edina-mn-128518.md)) | 128518 | Edina, MN | SEC-registered investment adviser | $25 million to $100 million | 8 | % of assets, Fixed fee | | [Cornerstone Wealth Advisors, Inc.](https://advisorcensus.com/firm/cornerstone-wealth-advisors-inc-edina-mn-124947) ([md](https://advisorcensus.com/firm/cornerstone-wealth-advisors-inc-edina-mn-124947.md)) | 124947 | Edina, MN | SEC-registered investment adviser | $500 million to $1 billion | 23 | % of assets, Fixed fee | | [DA Financial Advisors, Inc.](https://advisorcensus.com/firm/da-financial-advisors-inc-edina-mn-115697) ([md](https://advisorcensus.com/firm/da-financial-advisors-inc-edina-mn-115697.md)) | 115697 | Edina, MN | State-registered investment adviser | Not reported | 24 | Hourly, Fixed fee | | [DSG Capital Advisors, LLC](https://advisorcensus.com/firm/dsg-capital-advisors-llc-edina-mn-332056) ([md](https://advisorcensus.com/firm/dsg-capital-advisors-llc-edina-mn-332056.md)) | 332056 | Edina, MN | SEC-registered investment adviser | $500 million to $1 billion | 2 | % of assets, Hourly, Fixed fee | | [First Light Asset Management, LLC](https://advisorcensus.com/firm/first-light-asset-management-llc-edina-mn-168899) ([md](https://advisorcensus.com/firm/first-light-asset-management-llc-edina-mn-168899.md)) | 168899 | Edina, MN | SEC-registered investment adviser | $1 billion to $5 billion | 13 | % of assets, Performance fee | | [Flourish Wealth Management Inc.](https://advisorcensus.com/firm/flourish-wealth-management-inc-edina-mn-170591) ([md](https://advisorcensus.com/firm/flourish-wealth-management-inc-edina-mn-170591.md)) | 170591 | Edina, MN | SEC-registered investment adviser | $100 million to $500 million | 8 | % of assets, Hourly, Fixed fee | | [Graff Financial LLC](https://advisorcensus.com/firm/graff-financial-llc-edina-mn-154976) ([md](https://advisorcensus.com/firm/graff-financial-llc-edina-mn-154976.md)) | 154976 | Edina, MN | State-registered investment adviser | $25 million to $100 million | 16 | % of assets, Hourly | | [Hofkin Capital Management, Inc.](https://advisorcensus.com/firm/hofkin-capital-management-inc-edina-mn-110068) ([md](https://advisorcensus.com/firm/hofkin-capital-management-inc-edina-mn-110068.md)) | 110068 | Edina, MN | State-registered investment adviser | $25 million to $100 million | 14 | % of assets, Performance fee | | [Holleyjo Wealth Advisors](https://advisorcensus.com/firm/holleyjo-wealth-advisors-edina-mn-307642) ([md](https://advisorcensus.com/firm/holleyjo-wealth-advisors-edina-mn-307642.md)) | 307642 | Edina, MN | State-registered investment adviser | Under $25 million | 6 | % of assets, Hourly, Fixed fee | | [Hyland Lake Partners](https://advisorcensus.com/firm/hyland-lake-partners-edina-mn-332244) ([md](https://advisorcensus.com/firm/hyland-lake-partners-edina-mn-332244.md)) | 332244 | Edina, MN | State-registered investment adviser | $25 million to $100 million | 1 | % of assets, Fixed fee | | [Josh Arnold Investment Consultant, LLC](https://advisorcensus.com/firm/josh-arnold-investment-consultant-llc-edina-mn-163088) ([md](https://advisorcensus.com/firm/josh-arnold-investment-consultant-llc-edina-mn-163088.md)) | 163088 | Edina, MN | SEC-registered investment adviser | $100 million to $500 million | 5 | % of assets, Hourly | | [Kerwin Asset Management, LLC](https://advisorcensus.com/firm/kerwin-asset-management-llc-edina-mn-145906) ([md](https://advisorcensus.com/firm/kerwin-asset-management-llc-edina-mn-145906.md)) | 145906 | Edina, MN | State-registered investment adviser | $25 million to $100 million | 18 | % of assets | | [KP Management LLC](https://advisorcensus.com/firm/kp-management-llc-edina-mn-161307) ([md](https://advisorcensus.com/firm/kp-management-llc-edina-mn-161307.md)) | 161307 | Edina, MN | SEC-registered investment adviser | $100 million to $500 million | 2 | % of assets, Performance fee | | [Kubo Financial Planning and Investments, LLC](https://advisorcensus.com/firm/kubo-financial-planning-and-investments-llc-edina-mn-291436) ([md](https://advisorcensus.com/firm/kubo-financial-planning-and-investments-llc-edina-mn-291436.md)) | 291436 | Edina, MN | State-registered investment adviser | $25 million to $100 million | 8 | % of assets, Fixed fee, Performance fee | | [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 | | [O'Brien-Staley Partners](https://advisorcensus.com/firm/o-brien-staley-partners-edina-mn-169245) ([md](https://advisorcensus.com/firm/o-brien-staley-partners-edina-mn-169245.md)) | 169245 | Edina, MN | SEC-registered investment adviser | $1 billion to $5 billion | 12 | % of assets, Performance fee | | [Punch & Associates Investment Management, Inc.](https://advisorcensus.com/firm/punch-and-associates-investment-management-inc-edina-mn-117962) ([md](https://advisorcensus.com/firm/punch-and-associates-investment-management-inc-edina-mn-117962.md)) | 117962 | Edina, MN | SEC-registered investment adviser | $1 billion to $5 billion | 24 | % of assets, Fixed fee, Performance fee, Other | | [Sieben Wealth Planning LLC](https://advisorcensus.com/firm/sieben-wealth-planning-llc-edina-mn-315368) ([md](https://advisorcensus.com/firm/sieben-wealth-planning-llc-edina-mn-315368.md)) | 315368 | Edina, MN | SEC-registered investment adviser | $100 million to $500 million | 5 | % of assets, Fixed fee | | [Silveroak Wealth Management LLC](https://advisorcensus.com/firm/silveroak-wealth-management-llc-edina-mn-110532) ([md](https://advisorcensus.com/firm/silveroak-wealth-management-llc-edina-mn-110532.md)) | 110532 | Edina, MN | SEC-registered investment adviser | $1 billion to $5 billion | 25 | % of assets, Hourly, Fixed fee | | [Star Capital Inc.](https://advisorcensus.com/firm/star-capital-inc-edina-mn-171057) ([md](https://advisorcensus.com/firm/star-capital-inc-edina-mn-171057.md)) | 171057 | Edina, MN | SEC-registered investment adviser | $100 million to $500 million | 3 | % of assets, Fixed fee, Other | | [Stiles Financial Services, Inc.](https://advisorcensus.com/firm/stiles-financial-services-inc-edina-mn-117023) ([md](https://advisorcensus.com/firm/stiles-financial-services-inc-edina-mn-117023.md)) | 117023 | Edina, MN | SEC-registered investment adviser | $500 million to $1 billion | 9 | % of assets, Hourly, Fixed fee, Commissions | | [The Hatlestad Group](https://advisorcensus.com/firm/the-hatlestad-group-edina-mn-290435) ([md](https://advisorcensus.com/firm/the-hatlestad-group-edina-mn-290435.md)) | 290435 | Edina, MN | State-registered investment adviser | $25 million to $100 million | 8 | % of assets, Hourly, Fixed fee | | [Torchlight Financial](https://advisorcensus.com/firm/torchlight-financial-edina-mn-156559) ([md](https://advisorcensus.com/firm/torchlight-financial-edina-mn-156559.md)) | 156559 | Edina, MN | State-registered investment adviser | $25 million to $100 million | 15 | % of assets, Hourly, Fixed fee | | [Tradition Wealth Management LLC](https://advisorcensus.com/firm/tradition-wealth-management-llc-edina-mn-128314) ([md](https://advisorcensus.com/firm/tradition-wealth-management-llc-edina-mn-128314.md)) | 128314 | Edina, MN | SEC-registered investment adviser | $1 billion to $5 billion | 22 | % of assets, Hourly, Fixed fee | | [Trailhead Planners, LLC](https://advisorcensus.com/firm/trailhead-planners-llc-edina-mn-284610) ([md](https://advisorcensus.com/firm/trailhead-planners-llc-edina-mn-284610.md)) | 284610 | Edina, MN | SEC-registered investment adviser | $100 million to $500 million | 2 | % of assets, Hourly, Fixed fee | | [Vensana Capital Management, LLC](https://advisorcensus.com/firm/vensana-capital-management-llc-edina-mn-300695) ([md](https://advisorcensus.com/firm/vensana-capital-management-llc-edina-mn-300695.md)) | 300695 | Edina, MN | Exempt reporting adviser | Not reported | 7 | Not reported | | [Vera Lake Capital, LLC](https://advisorcensus.com/firm/vera-lake-capital-llc-edina-mn-341142) ([md](https://advisorcensus.com/firm/vera-lake-capital-llc-edina-mn-341142.md)) | 341142 | Edina, MN | SEC-registered investment adviser | $100 million to $500 million | 0 | % of assets, Fixed fee | ## Questions people ask **How many financial advisory firms are there in Edina, MN?** AdvisorCensus lists 35 investment advisory firms with a principal office in Edina, Minnesota (part of the Minneapolis metro area), from Form ADV filings as of October 2026: 22 SEC-registered, 12 state-registered, and 1 exempt reporting adviser. 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 Edina, MN?** 18 of the 35 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 Edina, MN offer financial planning?** 29 of the 34 firms in Edina, MN 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 Edina, MN 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 18 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. 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Financial advisors in Edina, MN: 35 firms from Form ADV filings as of October 2026.