The Financial Planning Group, Inc (Prior Lake)


The Financial Planning Group, Inc is a mid-sized advisory firm based in Prior Lake. It manages $55 million of regulatory assets for 227 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdiction of Minnesota.

The Financial Planning Group provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

The Financial Planning Group: assets under management

The assets under management (AUM) of The Financial Planning Group, Inc is $55 million. The firm's AUM has grown by 54% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $40 million in discretionary accounts and $15 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $219.78 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $333.33 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Financial Planning Group, Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Based in Prior Lake

The principal office where The Financial Planning Group, Inc performs its advisory services is located at 15815 Franklin Trail Southeast, Prior Lake, MN 55372 The mailing address of the firm is 15815 Franklin Trail Southeast, Prior Lake, MN 55425. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 952-853-2233 or by fax 952-400-4331. The normal business hours are 8:30am to 4:30pm on Monday - Friday.