Legal & Financial, Minnesota
Financial Advisor cost in Rochester, MN
This fee does not move much with local prices, so Rochester sits near the national figure of about 1% of assets managed, per year.
Typical cost
Typical in Rochester
1%
of assets managed, per year
- On the low end
- 0.5%
- On the high end
- 1.5%
This is a percentage fee, so it does not change with local prices. Insurance, coverage, and the details of your situation can change the real number a lot. Not a quote.
What moves the price
- AUM vs hourly
- Fiduciary
- Product sales
- Planning only
- Account size
Ways to pay less
- Prefer fee-only fiduciaries
- Ask for hourly planning
- Avoid product commissions
- Consolidate accounts
- Review fees annually
Financial Advisor in similar cities
| Place | Typical | Range |
|---|---|---|
| Rochester, MN | 1% | 0.5% to 1.5% |
| National typical | 1% | 0.5% to 1.5% |
| St. Paul, MN | 1% | 0.5% to 1.5% |
| Minneapolis, MN | 1% | 0.5% to 1.5% |
| Fort Worth, TX | 1% | 0.5% to 1.5% |
| Fresno, CA | 1% | 0.5% to 1.5% |
| Glendale, AZ | 1% | 0.5% to 1.5% |
Other Legal & Financial costs in Rochester
Financial Advisor in every cityEverything in RochesterAll Legal & Financial services
Questions people ask
Financial Advisor in Rochester: what does it cost?
In Rochester, MN, Financial Advisor typically costs about 1% of assets managed, per year, with most prices between 0.5% and 1.5%.
Why is Rochester the same as the national price?
Percentage fees and fees set largely by state rules do not rise or fall with local rents and wages, so the estimate is not adjusted by city.
Is this a quote?
No. It is an estimate built from national price data and local cost of living. A local pro will price your actual job.