# Financial advisors for high-net-worth individuals in Minneapolis, MN

> AdvisorCensus lists 281 investment advisory firms with a principal office in the Minneapolis metro area that report high-net-worth individuals among their clients on Form ADV Item 5.D, from filings as of October 2026. Item 5.D asks each firm which types of clients it advises; reporting a client type means the firm serves it, not that it serves only that type. Firms are listed alphabetically; each firm's page lists its client types as filed.

Source: Form ADV filings as of October 2026. Rebuilt monthly. HTML page: https://advisorcensus.com/advisors/mn/minneapolis/for-high-net-worth-individuals/page/2

## At a glance

- Investment advisory firms: 281
- Registration: SEC-registered investment adviser: 191, State-registered investment adviser: 90
- How firms are compensated (Form ADV Item 5.E; shares of the firms that file it): Fee-only (AdvisorCensus test) 114 (41%); Percentage of assets 274 (98%); Hourly charges 135 (48%); Subscription fees (newsletter or periodical) 3 (1%); Fixed fees 196 (70%); Commissions 8 (3%); Performance-based fees 18 (6%); Other 33 (12%)
- Regulatory assets under management (Item 5.F): Under $25 million 29 (10%); $25 million to $100 million 59 (21%); $100 million to $500 million 95 (34%); $500 million to $1 billion 39 (14%); $1 billion to $5 billion 37 (13%); Over $5 billion 17 (6%); Not reported 5 (2%)
- Years registered: Under 5 years 65 (23%); 5 to 9 years 78 (28%); 10 to 19 years 77 (27%); 20 years or more 60 (21%); Not reported 1 (0%)

## Firms (page 2 of 6, 51 to 100 of 281, sorted by name)

| Firm | CRD | City | Registration | Assets band | Years registered | Compensation |
| --- | --- | --- | --- | --- | --- | --- |
| [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 |
| [Cherry Tree Wealth Management, LLC](https://advisorcensus.com/firm/cherry-tree-wealth-management-llc-minnetonka-mn-151406) ([md](https://advisorcensus.com/firm/cherry-tree-wealth-management-llc-minnetonka-mn-151406.md)) | 151406 | Minnetonka, MN | SEC-registered investment adviser | $500 million to $1 billion | 17 | % of assets |
| [Christensen Group Financial, LLC](https://advisorcensus.com/firm/christensen-group-financial-llc-eden-prairie-mn-318144) ([md](https://advisorcensus.com/firm/christensen-group-financial-llc-eden-prairie-mn-318144.md)) | 318144 | Eden Prairie, MN | SEC-registered investment adviser | Under $25 million | 4 | % of assets, Fixed fee |
| [Clerestory Advisors, Inc](https://advisorcensus.com/firm/clerestory-advisors-inc-bloomington-mn-148264) ([md](https://advisorcensus.com/firm/clerestory-advisors-inc-bloomington-mn-148264.md)) | 148264 | Bloomington, MN | State-registered investment adviser | $25 million to $100 million | 16 | Fixed fee |
| [Cliftonlarsonallen Wealth Advisors, LLC](https://advisorcensus.com/firm/cliftonlarsonallen-wealth-advisors-llc-minneapolis-mn-38357) ([md](https://advisorcensus.com/firm/cliftonlarsonallen-wealth-advisors-llc-minneapolis-mn-38357.md)) | 38357 | Minneapolis, MN | SEC-registered investment adviser | Over $5 billion | 26 | % of assets, Hourly, Fixed fee |
| [Cloverfields Capital Group, LP](https://advisorcensus.com/firm/cloverfields-capital-group-lp-minneapolis-mn-306590) ([md](https://advisorcensus.com/firm/cloverfields-capital-group-lp-minneapolis-mn-306590.md)) | 306590 | Minneapolis, MN | SEC-registered investment adviser | $100 million to $500 million | 6 | % of assets |
| [Colliers Securities LLC](https://advisorcensus.com/firm/colliers-securities-llc-minneapolis-mn-7477) ([md](https://advisorcensus.com/firm/colliers-securities-llc-minneapolis-mn-7477.md)) | 7477 | Minneapolis, MN | SEC-registered investment adviser | $100 million to $500 million | 12 | % of assets |
| [Compass Capital Management Inc](https://advisorcensus.com/firm/compass-capital-management-inc-minneapolis-mn-107823) ([md](https://advisorcensus.com/firm/compass-capital-management-inc-minneapolis-mn-107823.md)) | 107823 | Minneapolis, MN | SEC-registered investment adviser | $1 billion to $5 billion | 38 | % of assets, Fixed fee |
| [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 |
| [Cookson Financial, LLC](https://advisorcensus.com/firm/cookson-financial-llc-excelsior-mn-142407) ([md](https://advisorcensus.com/firm/cookson-financial-llc-excelsior-mn-142407.md)) | 142407 | Excelsior, MN | State-registered investment adviser | $25 million to $100 million | 19 | % of assets, Hourly |
| [Cordis Financial, LLC](https://advisorcensus.com/firm/cordis-financial-llc-minneapolis-mn-294766) ([md](https://advisorcensus.com/firm/cordis-financial-llc-minneapolis-mn-294766.md)) | 294766 | Minneapolis, MN | SEC-registered investment adviser | $100 million to $500 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 |
| [Crane Capital Management LLC](https://advisorcensus.com/firm/crane-capital-management-llc-spring-park-mn-310157) ([md](https://advisorcensus.com/firm/crane-capital-management-llc-spring-park-mn-310157.md)) | 310157 | Spring Park, MN | State-registered investment adviser | $25 million to $100 million | 5 | % of assets |
| [CRG Wealth, LLC](https://advisorcensus.com/firm/crg-wealth-llc-clear-lake-mn-300615) ([md](https://advisorcensus.com/firm/crg-wealth-llc-clear-lake-mn-300615.md)) | 300615 | Clear Lake, MN | State-registered investment adviser | Under $25 million | 7 | % of assets, Hourly, Fixed fee, Performance fee |
| [Disciplined Growth Investors Inc](https://advisorcensus.com/firm/disciplined-growth-investors-inc-minneapolis-mn-106746) ([md](https://advisorcensus.com/firm/disciplined-growth-investors-inc-minneapolis-mn-106746.md)) | 106746 | Minneapolis, MN | SEC-registered investment adviser | Over $5 billion | 29 | % of assets, Performance fee |
| [Dorn & Co., Inc.](https://advisorcensus.com/firm/dorn-and-co-inc-minnetonka-mn-2950) ([md](https://advisorcensus.com/firm/dorn-and-co-inc-minnetonka-mn-2950.md)) | 2950 | Minnetonka, MN | State-registered investment adviser | $25 million to $100 million | 43 | % of assets |
| [Dorval & Chorne Financial Advisors](https://advisorcensus.com/firm/dorval-and-chorne-financial-advisors-maple-grove-mn-309512) ([md](https://advisorcensus.com/firm/dorval-and-chorne-financial-advisors-maple-grove-mn-309512.md)) | 309512 | Maple Grove, MN | SEC-registered investment adviser | $100 million to $500 million | 2 | % of assets, Hourly, Fixed fee |
| [Dougherty & Associates Financial Advisors, Inc.](https://advisorcensus.com/firm/dougherty-and-associates-financial-advisors-inc-buffalo-mn-165145) ([md](https://advisorcensus.com/firm/dougherty-and-associates-financial-advisors-inc-buffalo-mn-165145.md)) | 165145 | Buffalo, MN | SEC-registered investment adviser | $100 million to $500 million | 11 | % of assets, 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 |
| [Dunnavan & Co.](https://advisorcensus.com/firm/dunnavan-and-co-minneapolis-mn-109058) ([md](https://advisorcensus.com/firm/dunnavan-and-co-minneapolis-mn-109058.md)) | 109058 | Minneapolis, MN | SEC-registered investment adviser | $100 million to $500 million | 47 | % of assets |
| [Duval Investment Group](https://advisorcensus.com/firm/duval-investment-group-minnetonka-mn-166887) ([md](https://advisorcensus.com/firm/duval-investment-group-minnetonka-mn-166887.md)) | 166887 | Minnetonka, MN | State-registered investment adviser | $100 million to $500 million | 13 | % of assets, Hourly, Fixed fee |
| [E-Wealth Partners](https://advisorcensus.com/firm/e-wealth-partners-minnetonka-mn-327053) ([md](https://advisorcensus.com/firm/e-wealth-partners-minnetonka-mn-327053.md)) | 327053 | Minnetonka, MN | SEC-registered investment adviser | $100 million to $500 million | 1 | % of assets, Hourly, Fixed fee, Other |
| [Echo Wealth Management, LLC](https://advisorcensus.com/firm/echo-wealth-management-llc-plymouth-mn-174136) ([md](https://advisorcensus.com/firm/echo-wealth-management-llc-plymouth-mn-174136.md)) | 174136 | Plymouth, MN | SEC-registered investment adviser | $100 million to $500 million | 6 | % of assets, Fixed fee |
| [Efficient Market Investments, LLC](https://advisorcensus.com/firm/efficient-market-investments-llc-apple-valley-mn-156466) ([md](https://advisorcensus.com/firm/efficient-market-investments-llc-apple-valley-mn-156466.md)) | 156466 | Apple Valley, MN | State-registered investment adviser | Under $25 million | 15 | % of assets, Hourly, Fixed fee |
| [Element Squared Private Wealth](https://advisorcensus.com/firm/element-squared-private-wealth-minneapolis-mn-311284) ([md](https://advisorcensus.com/firm/element-squared-private-wealth-minneapolis-mn-311284.md)) | 311284 | Minneapolis, MN | SEC-registered investment adviser | $100 million to $500 million | 3 | % of assets |
| [Endurance Financial Group](https://advisorcensus.com/firm/endurance-financial-group-st-paul-mn-310307) ([md](https://advisorcensus.com/firm/endurance-financial-group-st-paul-mn-310307.md)) | 310307 | St. Paul, MN | State-registered investment adviser | Under $25 million | 5 | % of assets, Fixed fee |
| [Enspyre Wealth Advisors, Inc.](https://advisorcensus.com/firm/enspyre-wealth-advisors-inc-woodbury-mn-300992) ([md](https://advisorcensus.com/firm/enspyre-wealth-advisors-inc-woodbury-mn-300992.md)) | 300992 | Woodbury, MN | SEC-registered investment adviser | $100 million to $500 million | 7 | % of assets, Hourly, Fixed fee |
| [Epiq Partners, LLC](https://advisorcensus.com/firm/epiq-partners-llc-minneapolis-mn-165139) ([md](https://advisorcensus.com/firm/epiq-partners-llc-minneapolis-mn-165139.md)) | 165139 | Minneapolis, MN | SEC-registered investment adviser | $100 million to $500 million | 9 | % of assets, Fixed fee |
| [Equal Voices Wealth LLC](https://advisorcensus.com/firm/equal-voices-wealth-llc-minneapolis-mn-304113) ([md](https://advisorcensus.com/firm/equal-voices-wealth-llc-minneapolis-mn-304113.md)) | 304113 | Minneapolis, MN | State-registered investment adviser | $25 million to $100 million | 7 | % of assets, Hourly, Fixed fee |
| [Everest Financial Group](https://advisorcensus.com/firm/everest-financial-group-minneapolis-mn-137260) ([md](https://advisorcensus.com/firm/everest-financial-group-minneapolis-mn-137260.md)) | 137260 | Minneapolis, MN | SEC-registered investment adviser | $1 billion to $5 billion | 19 | % of assets, Hourly, Fixed fee, Other |
| [Excelsior Investors](https://advisorcensus.com/firm/excelsior-investors-excelsior-mn-108048) ([md](https://advisorcensus.com/firm/excelsior-investors-excelsior-mn-108048.md)) | 108048 | Excelsior, MN | SEC-registered investment adviser | $100 million to $500 million | 26 | % of assets, Fixed fee |
| [Fair Trust Financial LLC](https://advisorcensus.com/firm/fair-trust-financial-llc-vadnais-heights-mn-304448) ([md](https://advisorcensus.com/firm/fair-trust-financial-llc-vadnais-heights-mn-304448.md)) | 304448 | Vadnais Heights, MN | State-registered investment adviser | Under $25 million | 7 | % of assets, Hourly |
| [Family Wealth Management](https://advisorcensus.com/firm/family-wealth-management-elko-mn-329463) ([md](https://advisorcensus.com/firm/family-wealth-management-elko-mn-329463.md)) | 329463 | Elko, MN | State-registered investment adviser | $25 million to $100 million | 2 | % of assets |
| [FBD Asset MGMT](https://advisorcensus.com/firm/fbd-asset-mgmt-bloomington-mn-307216) ([md](https://advisorcensus.com/firm/fbd-asset-mgmt-bloomington-mn-307216.md)) | 307216 | Bloomington, MN | SEC-registered investment adviser | $25 million to $100 million | 6 | % of assets |
| [FFP Wealth Management, LLC](https://advisorcensus.com/firm/ffp-wealth-management-llc-coon-rapids-mn-300253) ([md](https://advisorcensus.com/firm/ffp-wealth-management-llc-coon-rapids-mn-300253.md)) | 300253 | Coon Rapids, MN | SEC-registered investment adviser | $100 million to $500 million | 7 | % of assets, Hourly, Fixed fee |
| [Fiat Wealth Management](https://advisorcensus.com/firm/fiat-wealth-management-wayzata-mn-318201) ([md](https://advisorcensus.com/firm/fiat-wealth-management-wayzata-mn-318201.md)) | 318201 | Wayzata, MN | SEC-registered investment adviser | $500 million to $1 billion | 4 | % of assets, Hourly, Fixed fee |
| [Fidere Advisors](https://advisorcensus.com/firm/fidere-advisors-minnetonka-mn-312675) ([md](https://advisorcensus.com/firm/fidere-advisors-minnetonka-mn-312675.md)) | 312675 | Minnetonka, MN | State-registered investment adviser | Under $25 million | 2 | % of assets, Hourly, Subscription, Fixed fee, Other |
| [Fiduciary Counselling Inc](https://advisorcensus.com/firm/fiduciary-counselling-inc-st-paul-mn-104753) ([md](https://advisorcensus.com/firm/fiduciary-counselling-inc-st-paul-mn-104753.md)) | 104753 | St Paul, MN | SEC-registered investment adviser | Over $5 billion | 59 | % of assets, Fixed fee |
| [Financial Empowerment LLC](https://advisorcensus.com/firm/financial-empowerment-llc-burnsville-mn-131425) ([md](https://advisorcensus.com/firm/financial-empowerment-llc-burnsville-mn-131425.md)) | 131425 | Burnsville, MN | SEC-registered investment adviser | $100 million to $500 million | 0 | % of assets, Hourly, Fixed fee, Other |
| [Financial Perspectives](https://advisorcensus.com/firm/financial-perspectives-minneapolis-mn-135549) ([md](https://advisorcensus.com/firm/financial-perspectives-minneapolis-mn-135549.md)) | 135549 | Minneapolis, MN | SEC-registered investment adviser | $1 billion to $5 billion | 11 | % 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 |
| [Focus Financial](https://advisorcensus.com/firm/focus-financial-minneapolis-mn-116140) ([md](https://advisorcensus.com/firm/focus-financial-minneapolis-mn-116140.md)) | 116140 | Minneapolis, MN | SEC-registered investment adviser | Over $5 billion | 16 | % of assets, Hourly, Fixed fee, Other |
| [Foundry Wealth Group](https://advisorcensus.com/firm/foundry-wealth-group-minneapolis-mn-340539) ([md](https://advisorcensus.com/firm/foundry-wealth-group-minneapolis-mn-340539.md)) | 340539 | Minneapolis, MN | State-registered investment adviser | Under $25 million | 0 | % of assets, Hourly, Fixed fee |
| [Fpnavigators](https://advisorcensus.com/firm/fpnavigators-maple-grove-mn-332831) ([md](https://advisorcensus.com/firm/fpnavigators-maple-grove-mn-332831.md)) | 332831 | Maple Grove, MN | SEC-registered investment adviser | $100 million to $500 million | 1 | % of assets, Fixed fee |
| [Freedom Financial Partners LLC](https://advisorcensus.com/firm/freedom-financial-partners-llc-oakdale-mn-327560) ([md](https://advisorcensus.com/firm/freedom-financial-partners-llc-oakdale-mn-327560.md)) | 327560 | Oakdale, MN | SEC-registered investment adviser | $100 million to $500 million | 3 | % of assets, Fixed fee |
| [Gary L. Greenberg](https://advisorcensus.com/firm/gary-l-greenberg-eden-prairie-mn-108423) ([md](https://advisorcensus.com/firm/gary-l-greenberg-eden-prairie-mn-108423.md)) | 108423 | Eden Prairie, MN | SEC-registered investment adviser | $100 million to $500 million | 41 | % of assets, Fixed fee |
| [GEN Financial Management Inc.](https://advisorcensus.com/firm/gen-financial-management-inc-plymouth-mn-110179) ([md](https://advisorcensus.com/firm/gen-financial-management-inc-plymouth-mn-110179.md)) | 110179 | Plymouth, MN | SEC-registered investment adviser | $100 million to $500 million | 26 | % of assets, Fixed fee |
| [Glacier](https://advisorcensus.com/firm/glacier-minneapolis-mn-336394) ([md](https://advisorcensus.com/firm/glacier-minneapolis-mn-336394.md)) | 336394 | Minneapolis, MN | State-registered investment adviser | Not reported | 1 | Fixed fee |
| [Gradient Advisors, LLC](https://advisorcensus.com/firm/gradient-advisors-llc-arden-hills-mn-152665) ([md](https://advisorcensus.com/firm/gradient-advisors-llc-arden-hills-mn-152665.md)) | 152665 | Arden Hills, MN | SEC-registered investment adviser | $100 million to $500 million | 16 | % of assets, Fixed fee, Other |

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## Questions people ask

**Which financial advisors in Minneapolis, MN work with high-net-worth individuals?**
281 investment advisory firms with a principal office in the Minneapolis metro area report high-net-worth individuals among their clients on Form ADV Item 5.D, as of October 2026; this page lists them. Form ADV Item 5.D asks every registered adviser which types of clients it advises, with the number of each and the assets it manages for them; a firm appears here when it reports at least one.

**How many financial advisory firms are there in Minneapolis, MN?**
AdvisorCensus lists 415 investment advisory firms with a principal office in the Minneapolis metro area, from Form ADV filings as of October 2026: 256 SEC-registered, 121 state-registered, and 38 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 Minneapolis, MN?**
135 of the 415 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 Minneapolis, MN offer financial planning?**
259 of the 377 firms in Minneapolis, 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 Minneapolis, 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 135 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.

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- [Financial advisors in Duluth](https://advisorcensus.com/advisors/mn/duluth) (https://advisorcensus.com/advisors/mn/duluth.md)
- [Financial advisors in Rochester](https://advisorcensus.com/advisors/mn/rochester) (https://advisorcensus.com/advisors/mn/rochester.md)
- [Financial advisors in St. Cloud](https://advisorcensus.com/advisors/mn/st-cloud) (https://advisorcensus.com/advisors/mn/st-cloud.md)
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Cite as: AdvisorCensus. Financial advisors for high-net-worth individuals in Minneapolis, MN: 281 firms from Form ADV filings as of October 2026.