Finding a Top Financial Advisor Firm in Arden Hills, Minnesota
Because finding the right financial advisor firm can often be difficult, we’ve formed a review of the top financial advisor firms in the Arden Hills area. Though we considered things like each firm’s advisory services, fee structure, investment strategies and client base, we ranked our results according to assets under management (AUM). You can also use SmartAsset’s free financial advisor matching tool to connect with up to three local advisors.
|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||Financial Dimensions Group, Inc. Find an Advisor||$1,326,779,818||Varies based on account type|| || |
Minimum AssetsVaries based on account type
|2||Pitzl Financial, LLC Find an Advisor||$177,939,930||No set account minimum|| || |
Minimum AssetsNo set account minimum
|3||Counsel Wealth Management, Inc. Find an Advisor||$146,868,130||$100,000|| || |
How We Found the Top Financial Advisor Firms in Arden Hills, Minnesota
The Securities and Exchange Commission (SEC) requires all of its advisors to honor a fiduciary duty, so we only selected SEC-registered firms because these firms are legally required to work in each client’s best interests. We excluded firms with disclosures, but we included firms that offered both portfolio management and financial planning services. Additionally, we ensured that individual clients accounted for the majority of each firm’s client base. All firm’s listed met these requirements. We’ve ordered our results from highest to lowest AUM. All information is accurate as of the writing of this article.
Financial Dimensions Group
Topping our list is fee-based firm Financial Dimensions Group, Inc. (FDG). This firm's client base consists of non-high-net-worth individuals and high-net-worth individuals, pension and profit sharing plans, charitable organizations, corporations and other business entities. Each client must meet a minimum account size requirement. FDG’s minimum requirements typically range from $5,000 to $100,000, depending on the program or portfolio.
In providing advisory services, this firm mainly charges asset-based fees, hourly fees and fixed fees, but some advisors can also earn commissions or additional compensation from investment or insurance products. This can create a potential conflict of interest, but the firm's fiduciary duty requires it to act in clients' best interests at all times.
The firm’s team offers various industry credentials, including the certified financial planner (CFP), certified fund specialist (CFS), chartered financial consultant (ChFC), chartered retirement planning counselor (CRPC), certified kingdom advisor (CKA) and certified divorce financial analyst (CDFA) designations.
Financial Dimensions Group Background
Financial Dimensions Group was founded in 1995, and its owners are Gregg R. Anderson and Gloria J. Pozzini. As for advisory services, the full-service financial firm provides portfolio management, financial planning, pension consulting, tax management, estate conservation and insurance and annuity products.
Financial Dimensions Group Investment Strategy
FDG says on its firm brochure that it focuses on strategic long-term investing. In analyzing securities and offering investment advice, the firm primarily uses fundamental analysis and technical analysis.
The firm mainly utilizes open-ended mutual funds and exchange-traded funds (ETFs). Its asset management services consist of the following three programs: VISION2020 Wealth Management Program – Advisor Managed Portfolios, VISION2020 Wealth Management Program – Genesis Model Portfolios Program and the VISION2020 Wealth Management Program – SMA and UMA Program.
Fee-only firm Pitzl Financial, LLC is next on our list. The firm serves non-high-net-worth individuals and high-net-worth individuals, pensions and profit sharing plans. A couple of its advisors hold the certified financial planner (CFP) designation, while other representatives hold the certified public accountant (CPA) designation. The firm doesn’t specify an account minimum for prospective clients. This firm’s compensation mainly comes from asset-based fees, hourly fees and fixed fees.
Pitzl Financial Background
In 2014, Pitzl Financial began its operations under the ownership of Joseph D. Pitzl, John M. Pitzl and Daniel C. Pitzl. Its primary advisory services include financial planning, portfolio management, pension consulting and advisor referral services.
For prospective clients who have financial planning needs, the firm provides education, personal, risk, tax and cash flow, death and disability, retirement and investment planning advice.
Pitzl Financial Investment Strategy
Pitzl Financial believes in helping clients define and incorporate the appropriate amount of risk into their portfolios, capturing as much of the market returns as possible, minimizing costs, periodically rebalancing client portfolios and helping clients pursue their life’s interests, according to its website.
The firm mainly focuses on long-term investment strategies, and it works to limit risk by practicing broad diversification among asset classes. Many of the firm’s strategies incorporate modern portfolio theory (MPT).
Counsel Wealth Management
Counsel Wealth Management, Inc. is a fee-based firm that rounds out our Arden Hills list. The firm serves non-high-net-worth individuals, high-net-worth individuals and charitable organizations.
Some of the qualifications among the firm’s team include the chartered financial consultant (ChFC), certified financial planner (CFP), registered financial consultant (RFC) and certified fund specialist (CFS) designations. Counsel Wealth has a minimum account size requirement of $100,000.
When it comes to advisory fees, Counsel Wealth earns its compensation from asset-based fees, hourly fees, fixed fees, referral and solicitor fees, seminar fees and commissions from the sale of securities and insurance products. The firm acknowledges that its fee-based fee structure could create a conflict of interest, but it upholds a commitment to fiduciary duty.
Counsel Wealth Management Background
Counsel Wealth Management has been in business since 2004. Paul McCready is the firm’s principal owner.
The firm specializes in portfolio management, financial planning, selection of other advisors, publication of periodicals or newsletters, educational seminars and workshops. But the firm’s financial planning services also target the following areas:
- Retirement planning
- College planning
- Insurance planning
- Retirement income distribution planning
- Estate planning
- Qualified plan distributions
Counsel Wealth Management Investment Strategy
Counsel Wealth Management has several strategies it uses to guide its investment process. These include the Counsel Allocation Program, the Dividend Growth Stock Program, the Core and Explore Program, the Counsel Wealth Acorn Program, Core Capital Program, the Advance and Protect Stock Program and the Custom Program.
The firm says it bases its investment decisions on knowledge gained from modern portfolio theory (MPT), fundamental analysis and technical analysis. Counsel Wealth’s strategies also include long- and short-term purchases and options trading.