PlannerFees

Boyum Wealth Architects LLC fees and pricing

Financial planner in Bloomington, Minnesota. Registered with the SEC.

According to its Form ADV Part 2A brochure dated January 15, 2026, Boyum Wealth Architects LLC charges $350 an hour and a flat or project fee of $1,500⁠-⁠$50,000 for financial planning.

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed January 15, 2026. Fees can change, so confirm with the firm before you hire them.

Hourly rate
$350/hr
“The Plan Sponsor and Boyum Wealth may agree, from time to time, that the Advisor be Boyum Wealth Architects LLC Page 7 compensated for additional non-investment related duties outside the normal scope of this Agreement on an hourly basis of $350 per hour.”
Flat or project fee
$1,500⁠-⁠$50,000
“Some clients will contract to have financial planning, business consulting services or plan participant consulting advice charged as a fixed fee in the range of $1,500 to $50,000 per plan or project as contracted for with client in advance.”

Read the full brochure (PDF) (opens in new tab)SEC adviser record (opens in new tab)

How Boyum Wealth Architects LLC bills

Payment and refund terms, quoted from the fee section of the brochure.

  • “The consulting fee is payable monthly or quarterly, in advance or arrears, based on the fair market value of assets in the Plan at the end of each quarter.”
  • “The consulting fee in the first month of the Agreement shall be prorated from the inception date to the end of the quarter.”
  • “The Advisor shall invoice the Plan Sponsor for the consulting fee.”

How Boyum Wealth Architects LLC’s fees compare

  • Its hourly rate of $350 is above the Minnesota median of $263. 70% of the 115 other Minnesota planners that publish an hourly rate charge less.
  • 6 of the 9 other planners in Bloomington that publish an hourly rate charge less.
  • Its flat or project fee of $1,500-$50,000 spans the Minnesota median of $5,250. 92% of the 108 other Minnesota planners that publish a flat or project fee charge less.
  • 7 of the 7 other planners in Bloomington that publish a flat or project fee charge less.

About Boyum Wealth Architects LLC

“Offered Advisory Services Boyum Wealth principal service is providing fee-based investment advisory services and financial planning services. In addition to investment supervisory services, Boyum Wealth may provide financial planning services to some of its clients.”
From the firm's description of its advisory business in its Form ADV brochure.
  • Firm size: 15 employees.
  • Registered as an adviser: 2018 (8 years).

Planning areas mentioned in the brochure

  • Retirement planning
  • Cash flow and budgeting

Firm details from Form ADV

How the firm is paid
Hourly fees, fixed or flat fees, percentage of assets under management
Charges a % of assets
Yes
Highest asset based fee in brochure
1.5% a year
Clients
330
Employees
15
Works with
Individuals, high net worth individuals, businesses, and other
Services reported to regulators
Financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other advisers, and educational seminars and workshops
Assets managed
$563,959,565
Registered with
U.S. Securities and Exchange Commission
Disciplinary disclosures
None reported
SEC CRD number
161261
Website
myboyum.com (opens in new tab)
Phone
(651) 289-6444

Can advise clients in 11 states: California, Colorado, Florida, Iowa, Illinois, Minnesota, Nebraska, New Hampshire, Texas, Washington, Wisconsin

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Is something on this page wrong or out of date? Email corrections@plannerfees.com and PlannerFees will check it against the firm's latest filing.