Best Financial Advisors in Bloomington

2022

Ballast

• Wealth Management
• Financial Planning
• Retirement Planning

Ballast is a financial planning company serving Bloomington. Its advisors carry over 75 years of collective industry experience, catering to individuals near or in retirement, corporate executives, and multi-generational families. The firm offers personal financial and estate planning, investment management, and retirement analysis. Its financial planning solutions include working closely with clients to determine their financial objectives and developing personalized wealth management recommendations. Its advisors generate a road map based on the client's business interest, real estate, cash flow, and taxes.

Baune Financial

• Certified Financial Planner (CFP)

For almost 40 years, Baune Financial has been providing wealth security solutions to customers in Bloomington and neighboring areas. Its team of Certified Financial Planners handles various aspects of financial planning, retirement planning, estate planning, wealth management, investment strategies, and risk management. They primarily serve partners and principals of Deloitte, EY, KPMG, and PWC, as well as high net-worth individuals and families. Among the firm's recognitions include Financial Times' 2020 Top Financial Advisers and Forbes' 2021 Top Financial Security Professionals.

Box Financial

• Estate Planning
• Financial Planning

Box Financial has been providing its services to clients in Bloomington and the surrounding areas since 1989. It consists of seven financial advisors who assist households and businesses in navigating financial planning and investments. It helps with retirement planning, estate planning and presentation, investment management, and asset protection. Box Financial has helped over 1,000 families across 38 states. CEO Douglas Box is a certified financial planner and earned the designations chartered financial consultant, and behavioral financial advisor.

Brown Wealth Management

• Estate Planning

Brown Wealth Management is a financial advisory firm serving clients in Bloomington. It helps professionals, businesses owners, pre-retirees, and retirees achieve their financial goals. The firm provides financial planning, investment management, charitable giving planning, and portfolio management services. Brown Wealth Management has been providing financial planning solutions based on the needs and goals of clients since 2002. Mpls. St. Paul Magazine and Twin Cities Business magazine named founder Tim Brown as a Five Star Wealth Manager from 2013 to 2019.

Cahill Financial Advisors

• Financial Planning
• Certified Financial Planner (CFP)

Cahill Financial Advisors is a wealth management company serving the Bloomington area. Since 1980, its advisors have been providing financial planning, estate planning, and asset management to small enterprises and families. They work with clients to analyze financial techniques and strategies that are appropriate to their situation and to establish a plan of action to help them achieve their financial objectives. The company only employs advisors and staff who are Certified Financial Planners, Chartered Financial Analysts, Certified Public Accountants, and Certified Fund Specialists.

Carlson Capital Management

• Wealth Management
• Certified Financial Planner (CFP)

Carlson Capital Management provides an array of services in the Bloomington metro. It helps families and individuals achieve financial security through its wealth management solutions, which include retirement, estate, and tax planning. The company also handles tax preparation, educational planning, and stock option analysis. In addition, it creates investment strategies for associations, foundations, and endowments. Carlson Capital Management is accredited by the AIF and the CEFEX. Its CEO and founder, Gregory Carlson, has been in the financial services industry for over three decades.

Cedar Cove Wealth Partners

Based in Bloomington, Cedar Cove Wealth Partners provides financial guidance to individuals in the local metro. It offers financial planning services that consider factors such as taxes, families, businesses, and retirement. Its advisors also work with clients in managing investments and making sure that they align with their goals. Additionally, the company financially prepares clients for loss of income, health changes, and market downturns. Jennifer Cords, one of Cedar Cove Wealth Partners' founding partners, is both a Behavioral Financial Advisor and a Certified Financial Planner.

Fure Financial

• Wealth Management

Located in Bloomington, Fure Financial provides investment management and financial planning services. It guides individuals and families in making informed and smart decisions that allow them to secure their financial goals. Its advisors also offer assistance in retirement, estate, risk management, business, and tax planning. The company's president, Johannes C. Fure, has more than 35 years of industry experience. He earned his Certified Financial Planner certification in 1985 and is a member of the Financial Planning Association.

GT Financial Advisors

• Estate Planning
• Wealth Management
• Investment Management
• Financial Planning

GT Financial Advisors is a firm serving Bloomington and surrounding areas. It focuses on building partnerships with clients by employing fact-finding to understand their needs and grow their assets through various strategies. It offers financial planning, investment portfolio management, 401k and retirement planning for small businesses, and estate planning to secure wealth for future generations. Its team has decades of combined industry experience and includes professionals who hold CFP and Chartered Retirement Planning Counselor designations.

Innovate Financial, Inc.

• Wealth Management
• Certified Financial Planner (CFP)

Innovate Financial, Inc., is an advisory company that helps federal employees in Bloomington manage their finances. Established by Mike Nakashima in 2007, the firm assists clients in planning for retirement and managing investments. Nakashima, a Chartered Federal Employee Benefits Consultant, offers strategies in maximizing benefits from the Federal Employee Benefits System and Social Security Administration. Also a Certified Financial Planner, he has trained 5,100 federal employees and managed assets totaling 134 million dollars.

Laurel Wealth Planning

• Financial Planning
• Certified Financial Planner (CFP)

Laurel Wealth Planning advises individuals in Bloomington about wealth preservation, tax reduction, investment, and financial freedom. It serves mostly women clients who have substantial finances, offering guidance on how to grow, maintain, and protect their wealth to prepare for retirement. Its fiduciary advisors provide counsel on making investments that are aligned with the customers' values. In addition, they help with tax planning by recommending tax reduction strategies. Shareholder Laura Kuntz was named by Finance & Commerce as one of the Top Women in Finance in Minnesota in 2020.

Peak Financial Consulting

• Financial Planning

Peak Financial Consulting serves clients in Bloomington and the surrounding areas. It provides a wide range of financial planning and asset management services that cover wealth accumulation, debt reduction, and tax-advantaged investing. The firm develops, implements, and monitors a financial strategy that is based on the financial conditions, needs, and goals of clients. One of its professionals, Ford Droegemueller, is an investment advisor representative and Certified Financial Planner who has 30 years of industry experience.

Phillip James Financial

• CFA Charterholder

Phillip James Financial is a wealth management firm serving Bloomington and the surrounding communities. It offers a wide range of services including financial planning, risk management, compensation planning, budget/spending analysis, and tax planning and preparation. The process of assisting clients in achieving financial independence and security includes an initial discussion about their financial situation and ongoing financial plan management. The firm also assists diligent savers who want to secure their money throughout retirement and those who have retired or are planning to do so.

Quarry Hill Advisors

• Certified Financial Planner (CFP)

Quarry Hill Advisors provides fiduciary financial advice to families and individuals in Bloomington and across the country. Its services include proactive personal planning for education, taxes, estates, and retirement, as well as investing and withdrawal strategies. From 2019 through 2021, the firm was recognized by Investopedia as part of the Top 100 Advisors. It has also been featured in the Wall Street Journal, Financial Advisor Magazine, CBS News, CNBC, Yahoo! Finance, and Market Watch. 

SBI Wealth Management

• Certified Financial Planner (CFP)

Located in Bloomington, SBI Wealth Management serves clients throughout the area. It offers financial planning solutions for working professionals and retirees and advises on issues related to income tax, college education, and retirement. The company also helps small business owners on matters involving business successions. Its other services include estate planning. One of the company's staff, Brian Adamek, is a Certified Financial Planner by the CFP Board. He served on the alumni board of Saint John's University.

The Capital Advisory Group LLC

• Certified Financial Planner (CFP)

The Capital Advisory Group LLC serves clients in Bloomington. It assists individuals, families, executives, retirees, and business owners in reaching their financial goals. The investment advisory firm provides financial planning and wealth management services, including tax guidance, risk mitigation, asset management, and estate planning. It manages $361 million for institutions and families. Founding partner Brett Machtig has more than 30 years of experience helping investors reach their income objectives and realize their life visions.

Tradition Wealth Management

• Investment Management
• Financial Planning

Tradition Wealth Management has been advising clients in Bloomington and the surrounding areas for nearly 20 years. Its financial advisors help clients understand their financial situation and build a financial planning toolkit that covers a broad range of topics, like personal finance. They provide financial advice involving retirement planning, investment management, philanthropic planning, and estate management. The firm also offers business financial services, including portfolio management, tax and business succession planning, and qualified plan design.

Webb Financial Group

• Wealth Management
• Financial Planning

Webb Financial Group is a wealth management firm operating in Bloomington. It offers investment advisory and comprehensive financial planning services, which include employee/employer benefits, budget and cash flow planning, and risk management. Its CEO, Gary Webb, is a financial consultant who has been designing long-term financial plans since 1998. In addition to helping clients with retirement planning, he assists in building investment portfolios as clients realize their goals. He holds seminars for graduating high school seniors and talks about budgeting and managing credit.