Fee Research

What Do Financial Advisors Cost in Minnesota?

2026 data · 428 firms · 2,135 advisors · SEC Form ADV filings
01

Market Overview

Total Advisors
2,135
In Minnesota
Total Firms
428
Registered firms
Comp. Types Reported
51
Distinct compensation types
02

Compensation Type Breakdown

How firms in Minnesota charge for their services, based on Form ADV disclosures.

Percentage of AUM377 firms · 41%
Subscription fees239 firms · 26%
Hourly charges152 firms · 16%
Performance-based fees86 firms · 9%
Commissions16 firms · 2%
Other: SOLICITOR FEES7 firms · 1%
Fixed fees4 firms · 0%
Other: REFERRAL FEES3 firms · 0%
Other: PERCENTAGE OF ASSETS UNDER MANAGEMENT WITH THIRD PARTY MANAGER2 firms · 0%
Other: DIRECTORS, CONSULTING, ADVISORY FEES1 firms · 0%
Other: EXPENSES OF INDIA CAPITAL LLC, PLUS AN AGREED PROFIT MARGIN1 firms · 0%
Other: FEE FOR SERVICE PROJECTS1 firms · 0%
Other: FEES FOR RESEARCH SERVICES1 firms · 0%
Other: FEES FROM OTHER INVESTMENT ADVISERS1 firms · 0%
Other: FEES RECEIVED FROM THIRD PARTY INVESTMENT ADVISORS1 firms · 0%
Other: FINANCIAL PLANNING AND CONSULTING1 firms · 0%
Other: FIXED % OF COMMITTED CAPITAL OR NAV FOR PRIVATE FUNDS.1 firms · 0%
Other: LOAN SERVICING FEES1 firms · 0%
Other: MILESTONE PAYMENTS -AT CRITICAL STAGES OF PROJECT1 firms · 0%
Other: MONTHLY FEE1 firms · 0%
Other: MONTHLY SUBSCRIPTION TO FINANCIAL PLANNING TOOLS1 firms · 0%
Other: NEGOTIATED1 firms · 0%
Other: ONGOING CONSULTING FEES1 firms · 0%
Other: PASS-THROUGH EXPENSES1 firms · 0%
Other: PASS THROUGH REIMBURSEMENT1 firms · 0%
Other: PERCENTAGE OF ASSETS ON WHICH WE CONSULT1 firms · 0%
Other: PERCENTAGE OF ASSETS SUPERVISED1 firms · 0%
Other: PERCENTAGE OF ASSETS UNDER ADVISORY1 firms · 0%
Other: PERCENTAGE OF ASSETS UNDER MANAGEMENT THROUGH 09/30/20241 firms · 0%
Other: PERCENTAGE OF ASSETS UNDER OUTSIDE MANAGEMENT1 firms · 0%
Other: PERCENTAGE OF PROFITS1 firms · 0%
Other: PERCENTAGE OF RETIREMENT PLAN ASSETS UNDER ADVISEMENT1 firms · 0%
Other: PORTFOLIO COMPANY MANAGEMENT AND BOARD FEES, TRANSACTION FEES1 firms · 0%
Other: PORTIONS OF 3RD PARTY ADVISORY FEES1 firms · 0%
Other: REFERRAL/SOLICITOR FEES; SEMINAR FEES1 firms · 0%
Other: REIMBURSEMENT OF EXPENSES1 firms · 0%
Other: RETIREMENT PLAN CONSULTING -PERCENTAGE OF PLAN ASSETS1 firms · 0%
Other: SERVICING FEES1 firms · 0%
Other: SUB-ADVISOR FEES1 firms · 0%
Other: TRANSACTION FEES1 firms · 0%
Other: TRUSTEE FEES, CONSULTING FEES1 firms · 0%
Other: VARYING FEES FOR EDUCATIONAL WORKSHOPS AND SEMINARS1 firms · 0%
Other: THIRD PARTY REFERRAL FEES1 firms · 0%
Other: 12B-1,NETWORKING&SHAREHOLDER SERV,PRODUCT PARTNER ARRANGEMENTS1 firms · 0%
Other: ADMINISTRATION FEES1 firms · 0%
Other: ANNUAL NEGOTIATED MANAGEMENT FEE1 firms · 0%
Other: A PERCENTAGE OF AUM ALLOCATED TO OUR MODEL PORTFOLIO1 firms · 0%
Other: BASE PAY PLUS DISCRETIONARY BONUS1 firms · 0%
Other: CAPPED FEES: AUM UNTIL CAP IS REACHED1 firms · 0%
Other: CERTAIN ACTUAL EXPENSES ARE REIMBURSED BY THE CLIENT1 firms · 0%
Other: CO-ADVISORY FEES FOR ASSETS MANAGED BY OTHER INVESTMENT ADVISORS1 firms · 0%
03

Minnesota vs. National

Minnesota Advisors
2,135
428 firms
National Total
113,827
27,306 firms
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