City Guide

How to Choose a Financial Advisor in ST PAUL, MN

A data-driven guide based on 111 registered advisors in ST PAUL
01

Local Market Overview

There are 111 registered financial advisors in ST PAUL, Minnesota. Approximately 81% report fee-based compensation, while 0% include commission-based compensation. The average firm serving ST PAUL manages $19.8B in assets.

Registered Advisors
111
In ST PAUL, MN
Avg Firm AUM
$19.8B
Assets under management
Top Credential
—
Community Profile

ST PAUL has a population of 308,806 with a median household income of $69,919. The median age is 33.1.

Advisor density: 3.6 per 10K residents
Median income: $69,919
Compensation Types Reported
Percentage of AUM
81% of advisors · 90 total
Subscription fees
68% of advisors · 75 total
Hourly charges
21% of advisors · 23 total
Other: REIMBURSEMENT OF EXPENSES
16% of advisors · 18 total
Other: FIXED % OF COMMITTED CAPITAL OR NAV FOR PRIVATE FUNDS.
16% of advisors · 18 total
Other: CERTAIN ACTUAL EXPENSES ARE REIMBURSED BY THE CLIENT
14% of advisors · 16 total
02

What to Look For

Check their credentials
The CFP (Certified Financial Planner) is the gold standard for comprehensive financial planning. A CFA (Chartered Financial Analyst) signals deep investment expertise, while a ChFC (Chartered Financial Consultant) covers insurance and estate planning.
Understand fee structures
Fee-only advisors charge only for their advice (hourly, flat fee, or % of AUM). Fee-based advisors may also earn commissions on products they sell. Commission-only advisors earn money from product sales. Fee-only is generally considered the least conflicted model. See Minnesota fee analysis →
Verify their registration
Every legitimate advisor should be registered with the SEC or their state. Check FINRA BrokerCheck for disciplinary history, disclosures, and registration status. All advisors on AdvisorOS are sourced from official SEC/FINRA registration data.
Ask about account minimums
Some advisors require $250,000 or more to open an account. Others work with any portfolio size. Ask upfront to avoid wasting time on advisors who aren't a fit.
Review their Form CRS
The Form CRS (Client Relationship Summary) is a 2-page document every advisor must provide. It explains services, fees, conflicts of interest, and disciplinary history in plain language. Ask for it before your first meeting.
03

Browse Advisors in ST PAUL

111 advisors in ST PAUL, MN

Search the full directory of registered financial advisors in ST PAUL. Compare credentials, specialties, and firm details — all based on SEC and FINRA public data.

Browse ST PAUL AdvisorsAll Cities in Minnesota
04

Frequently Asked Questions

How many financial advisors are in ST PAUL, MN?
There are 111 registered financial advisors in ST PAUL, Minnesota, according to SEC and FINRA registration data.
What credentials should a financial advisor in ST PAUL have?
Look for CFP (Certified Financial Planner) for comprehensive planning, CFA for investment management, or ChFC for insurance and estate planning.
Are financial advisors in ST PAUL required to be fiduciaries?
Registered Investment Advisors (RIAs) have a fiduciary duty to act in your best interest. Broker-dealers follow a suitability standard. Always ask your advisor about their fiduciary status and get it in writing.
What do financial advisors in ST PAUL charge?
Fees vary widely. Fee-only advisors typically charge 0.5%–1.5% of assets under management, $150–$400/hour, or flat fees of $1,000–$7,500+ per plan. Commission-based advisors may not charge fees directly but earn commissions on products.
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Browse ST PAUL Advisors by Specialty
Investment ManagementRetirement PlanningWealth ManagementFinancial PlanningFee-Only AdvisoryFinancial Education
More Research
What Do Financial Advisors Cost in Minnesota? →National Fee Analysis →