Expertise.com

2024

Last updated:

Best Financial Advisors in Plymouth

Our Recommended Top 19

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls

Our goal is to connect people with the best local professionals. We scored Plymouth Financial Advisors on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

36Reviewed

29Curated

19Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider
SmartAdvisor by SmartAsset logo

SmartAdvisor by SmartAssetExpertise.com

Plymouth, MN
Free Consultation

Expertise.com Rating

Why choose this provider?

SmartAsset's free, five-minute tool makes it easy to find qualified financial advisors in your area. The exclusive tool uses a quick survey to help SmartAsset's exclusive algorithm match you with up to three advisors based on your specific financial needs. Each advisor is a fiduciary, legally bound to work in your best interest, and rigorously vetted by SmartAsset. You can speak with each for free, sometimes within a matter of minutes, and choose whom you want to work with. Hundreds of thousands of smart investors and retirees have already used SmartAsset's simple, no-cost service to find the right financial advisors for them.

  • Estate Planning
  • Investment Management
  • Retirement Planning
  • Financial Planning

Plymouth, MN

Expertise.com Rating

Why choose this provider?

Need help contacting a Financial Advisor in Plymouth? Call our Concierge team at 848-Book-Pro (848-266-5776 from 6 am - 4 pm PT | Mon - Fri). They are standing by to help you get the service you need.

3675 Plymouth Boulevard Suite 110, Plymouth, MN 55446

Expertise.com Rating

Review Sources

Google
5.0 (8)

Why choose this provider?

Phillip James Financial is a wealth management company in Plymouth that caters to local residents. The independent practice provides clients with various services, including financial planning, tax planning and preparation, investment management, and retirement income planning. It also handles risk management, spending analysis, compensation planning, and 401(k) services. Phillip James Financial was established by Phillip R. Christenson and James L. Sexton, who were grade school friends who developed an interest in finance and investing at a young age.

  • Financial Planning

2 Carlson Parkway Suite 320, Plymouth, MN 55447

Expertise.com Rating

Review Sources

Google
5.0 (1)
Facebook
5.0 (1)

Why choose this provider?

Ascend Financial Group serves individuals and businesses throughout Plymouth. It offers a full range of financial planning services, including retirement planning, tax planning, money management, and profit-sharing planning. It also assists clients with investments and insurance. Kyler Harder, the firm's owner, has earned the CFBS designation and serves as an ambassador for Guild, Inc., a non-profit organization that supports individuals struggling with mental health issues. Ascend Financial Group creates a financial website for its clients where they can access their financial records 24/7.

  • Estate Planning
  • Tax Planning
  • Certified Financial Planner (CFP)

15600 36th Avenue North Suite 200, Plymouth, MN 55446

Expertise.com Rating

Review Sources

Google
5.0 (1)

Why choose this provider?

With over 100 years of combined experience, Income Planning Group, LLC, helps the residents of Plymouth financially take care of themselves and their loved ones. The firm assists clients in making their assets last through wealth management. It also provides retirement income and college savings planning. In addition, Income Planning Group provides investment services, including mutual funds, common stock, treasury bills, and annuities. One of the firm’s professionals, Michael Granbois, is a Certified Financial Planner and Retirement Income Certified Professional.

  • Certified Financial Planner (CFP)

3065 Centre Pointe Drive Suite 2, Roseville, MN 55113

Expertise.com Rating

Review Sources

Google
4.2 (5)

Why choose this provider?

Summit Investment Advisors has been in the business of serving clients in Plymouth and the surrounding communities for over two decades. The agency handles service areas such as investment management, as well as retirement income, forward tax, estate, and financial planning. Summit Investment Advisors offers master classes that focus on helping individuals with retirement planning. Sean McDermott, the president, has been a Certified Financial Planner for over three decades and is a registered investment advisor representative.

2 Carlson Parkway N, Suite 320, Plymouth, MN 55447

Expertise.com Rating

Review Sources

Google
5.0 (2)

Why choose this provider?

Charterpoint Wealth Strategies is a locally owned and managed financial advisory firm in Plymouth. Its team of financial services representatives offers succession and retirement planning solutions. It also provides long-term investment strategies to help individuals and business owners achieve financial security. In addition to financial coaching and management, the firm assists clients in making decisions related to their mutual funds, investments, life insurance, and annuities. Charterpoint Wealth Strategies is licensed in more than 30 U.S. states.

  • Estate Planning

11 Bridge Square, Northfield, MN 55057

Expertise.com Rating

Why choose this provider?

Carlson Capital Management offers integrated wealth management services and assists clients in achieving their financial goals. Through its integrated wealth management, the firm helps clients develop investment strategies, reduce their tax exposure, prepare for their retirement, and plan their estates. It also aids parents in preparing for their children's college education. For young professionals just starting to invest, it offers Carlson Portfolios as an option. The firm has been guiding Plymouth-based clients in financial planning for more than three decades.

  • Certified Financial Planner (CFP)

8100 Penn Avenue South Suite 175, Bloomington, MN 55431

Expertise.com Rating

Review Sources

Google
5.0 (2)

Why choose this provider?

Mertz Wealth Strategies, Inc., has financial professionals who give advice to individuals in Plymouth. They help clients understand investment principles and offer strategies for retirement investing, estate conservation, and risk management. It guides them in determining the right time to retire, getting enough return from their investments, saving properly, and obtaining adequate insurance. Wealth advisor Jon Jandro joined the firm in March 2020. He has 10 years of experience in the investment field.

  • Certified Financial Planner (CFP)

3181 Fernbrook Ln N, Plymouth, MN 55447

Expertise.com Rating

Review Sources

Google
5.0 (3)

Why choose this provider?

Integra Shield Financial Group creates tailored financial solutions for clients in Plymouth. Catering to professionals, business owners, retirees, and divorcees, it offers planning services to help them proactively plan for life transitions. Its retirement services include planning for taxes, health care, retirement income, estate, insurance, and risk management. It also offers investment management and consulting for present and future financial security. The agency's divorce planning service guides clients before, during, and after a divorce in order to help them plan for their financial future.

  • Retirement Planning

15600 Wayzata Blvd. Suite 108, Wayzata, MN 55391

Expertise.com Rating

Review Sources

Facebook
5.0 (11)

Why choose this provider?

ClearPath Wealth Advisors serves Plymouth and surrounding communities. It helps individuals in navigating through the processes of retirement planning, investment management, asset placement, and income planning. The financial planning process includes understanding the client's current financial situation, identifying both the positives and negatives for future security, aligning their goals with the customized strategy, and an ongoing review of their portfolios. The firm's managing partner, Taylor Sundeen, is a Certified Financial Planner with extensive experience in handling investments, taxes, and insurance.

  • Retirement Planning
  • Investment Management
  • Financial Planning

2 Carlson Parkway, Suite 320, Plymouth, MN 55447

Expertise.com Rating

Review Sources

Google
4.0 (2)
Yelp
5.0 (2)

Why choose this provider?

Piller Financial Group is a full-service wealth management firm that serves clients in Plymouth. It focuses on offering financial solutions to individuals, families, and businesses. The firm's financial advisors are trained to assist clients with designing their retirement, insurance, investment, and income plans tailored to their unique objectives and needs. They also provide business succession advisory, estate planning, tax preparation, and risk management services. The firm's owner, Grant E. Piller, is a board member for a non-profit organization called Tubman.

  • Wealth Management

3300 Fernbrook Ln N, Suite 250, Minneapolis, MN 55447

Expertise.com Rating

Review Sources

Google
5.0 (2)

Why choose this provider?

Financial Perspectives is a full-service wealth management firm that handles the needs of clients in Plymouth and neighboring locations. Formed in 1985, it specializes in investments, retirement, taxes, and insurance. It also offers financial services in the areas of estate planning and philanthropy. Dan Dugan, the president of the company, joined the firm in 1994 and took over it in 2004 after his older brother, Michael T. Dugan, became terminally ill with an auto-immune disease.

10810 Old County Rd 15, Plymouth, MN 55441

Expertise.com Rating

Review Sources

Google
4.5 (8)

Why choose this provider?

GEN Financial Management, Inc., is an independent advisory firm that serves Plymouth. It provides services such as investment management, financial planning, and retirement planning. Serving business owners, entrepreneurs, and retirees, GEN customizes its plans to cater to its clients' individual goals and needs. It also provides flexibility by monitoring and reevaluating their existing plans to keep up with changes in their lives. Company president Eric Moleski is a Certified Financial Planner with over 25 years of experience.

3545 Plymouth Blvd, Suite 213, Plymouth, MN 55447

Expertise.com Rating

Review Sources

Google
5.0 (9)
Facebook
5.0 (5)

Why choose this provider?

Cavanaugh Financial Group has been serving individuals and families in the Plymouth metro and the neighboring communities since 1966. It provides a wide range of personalized financial services, such as investment management; retirement, insurance, and tax planning; and estate planning. It assists clients with various aspects of the process, from consulting and planning to monitoring. John Cavanaugh, who took over the business in 2012, is a Certified Financial Planner and a Chartered Retirement Planning Counselor.

  • Estate Planning
  • Retirement Planning
  • Wealth Management

7300 Metro Boulevard Suite 200, Edina, MN 55439

Expertise.com Rating

Review Sources

Google
5.0 (3)

Why choose this provider?

MTI Financial Advisors has been serving Plymouth residents since 1988. The company offers financial and insurance planning services that take into account clients' net worth, taxes, life insurance requirements, retirement plans, and estate plans. It also provides financial services to corporations, offering retirement and group plans. Douglas Morey, the firm's president, is a Registered Investment Advisor Associate by the State of Minnesota and holds a bachelor of arts degree with concentrations in finance and management.

  • Financial Planning

701 4th Avenue South Suite 1710, Minneapolis, MN 55415

Expertise.com Rating

Review Sources

Google
5.0 (2)

Why choose this provider?

Box Financial is an independent advisory firm serving individuals and businesses in Plymouth and the neighboring areas. It has been in the industry since 1989 and has overseen over $750 million in assets. The firm offers financial insights in retirement, investment, tax, insurance, and estate. Its investment advisory services include helping individuals put together portfolios that reflect their goals, time horizons, and risk tolerance, helping them avoid pitfalls. The firm maintains an affiliation with AdvisorNet Financial and Cetera Advisor Network.

  • Estate Planning
  • Financial Planning

3033 Campus Drive, Suite N145, Plymouth, MN 55441

Expertise.com Rating

Review Sources

Google
4.4 (7)

Why choose this provider?

Echo Wealth Management serves communities around the Plymouth metro. It provides financial planning and investment management solutions. Service, objectivity, efficiency, and effectiveness are central to its process. With its role as a fiduciary, the firm helps clients identify their financial goals and take action to achieve positive outcomes. The company was established in 2015 by Echo Huang, after 15 years of working for financial firms in Minnesota. She is a CPA, CFP, and CFA charterholder who uses a holistic approach to financial planning.

  • Certified Financial Planner (CFP)
  • Financial Planning
  • Chartered Financial Analyst (CFA)

1695 State Highway 169, Plymouth, MN 55441

Expertise.com Rating

Review Sources

Google
5.0 (2)
Yelp
3.0 (2)

Why choose this provider?

Berger Financial Group has been in the industry for four decades, serving individuals, groups, and families in and around the Plymouth metro. The company deals with financial and retirement planning, portfolio management, and income tax services. Its financial advisors provide generational wealth planning for financial security, which may involve multi-generational legacy plans, investment maximization, and insurance and estate tax considerations. The firm also helps its clients invest in socially and environmentally responsible companies while maintaining a diversified portfolio.

  • Certified Financial Planner (CFP)
  • Retirement Planning
  • Financial Planning

FAQs

  • Introduction

    There are many titles for financial professionals, so it's challenging to track what each one means. A financial advisor is probably the term you've heard most often. Financial advisor is a broad term for a professional who helps individuals or companies manage their finances, including investment choices. There are over 100 certifications that financial advisors can obtain.

    • Financial planners, wealth managers, and investment advisors are all financial advisors with different focus areas.
    • A financial planner helps an individual or a company make a plan to achieve long-term financial goals.
    • A wealth manager helps individuals maintain their wealth through various disciplines and services, such as taxes, estate planning, and investment advice.
    • An investment advisor offers investment advice and recommendations to individuals or organizations.
    There’s a misconception that you have to be extremely wealthy to use a financial advisor. In reality, they can be beneficial for people from any income level. Keep reading to find answers to the most commonly asked questions about financial advisors, so you know which type can fit your specific needs.

  • How do financial advisors differ from brokers in Plymouth, MN?

    Brokers recommend financial products according to the “suitability standard.” Suitability may be based on the client’s goals as well as how much commissions the broker can make from the products. This can lead to conflicts of interest. On the other hand, most financial advisors uphold the fiduciary standard, making financial recommendations and advice based on the client’s best interests. Before working with a Plymouth financial advisor, check first if they operate as a fiduciary.

  • Can a financial advisor help you with tax planning in Plymouth, MN?

    Yes. Your Plymouth financial advisor can evaluate your financial portfolio to identify areas where your after-tax return can be optimized and your tax liabilities minimized. The advisor can also implement strategies, such as diversifying your retirement accounts for long-term tax efficiency. If you have a trusted CPA or tax paperer, your financial advisor can coordinate these strategies with them.

  • What does it mean to be working with a fee-only financial advisor in Plymouth, MN?

    Fee-only means the Plymouth financial advisor is compensated with a percentage of your assets under management (AUM). Fee-only advisors do not earn commissions or bonuses from investments or insurance products they recommend. This aligns the advisor’s goal with your goal, which is building your wealth portfolio. Conflicts of interest are prevented in this compensation model.

  • What should you bring to a consultation with a financial advisor in Plymouth, MN?

    The goal during the initial consultation is to gather your financial information to evaluate your financial status. It is advised to bring data or documents, such as bank and investment statements, insurance policies, pay stubs, and credit card bills. You can also bring your tax returns for the previous years. The Plymouth financial advisor may ask you to complete an expense worksheet and a list of your assets and liabilities.

  • How do financial advisors get paid in Plymouth, MN?

    Financial advisors in Plymouth offer varying payment structures and may implement a hybrid approach If needed. The most common structures are fee-only, fee-based, hourly, and commission based. Fee-only advisors are paid a fixed rate or a percentage of the client’s portfolio under their management, usually 0.5% – 2%. Fee-based are those who are primarily compensated with fees but also earn commissions. Some clients who only need specific or ad hoc financial advice go to hourly advisors who typically charge $150-$400.

  • Are financial advisors worth it?

    Whether or not a financial advisor is worth it depends on your personal situation. If your finances are fairly straightforward, then you may be better off handling it on your own. But if you have substantial assets or a complex investment portfolio, then hiring someone to handle it for you can be well worth the cost.