Drost Financial fees and pricing
Financial planner in Ham Lake, Minnesota. Registered with state securities regulators.
According to its Form ADV Part 2A brochure dated September 11, 2026, Drost Financial charges a flat or project fee of $1,200-$10,000 for financial planning.
Published fees
Quoted from the firm's Form ADV Part 2A brochure, filed September 11, 2026. Fees can change, so confirm with the firm before you hire them.
- Flat or project fee
- $1,200-$10,000
“Ongoing Comprehensive Financial Planning Ongoing Financial Planning consists of an upfront charge of $1,200-$10,000 and an ongoing fee that is paid monthly, in arrears, at the rate of up to $10,000 per month.”
Read the full brochure (PDF) (opens in new tab)SEC adviser record (opens in new tab)
How Drost Financial bills
Payment and refund terms, quoted from the fee section of the brochure.
- “Advisory fees are directly debited from Client accounts, or the Client may choose to pay by check.”
- “Accounts initiated or terminated during a calendar quarter will be charged a prorated fee based on the amount of time remaining in the billing period.”
- “An account may be terminated with written notice at least 30 calendar days in advance.”
How Drost Financial’s fees compare
- Its flat or project fee of $1,200-$10,000 spans the Minnesota median of $5,250. 57% of the 108 other Minnesota planners that publish a flat or project fee charge less.
About Drost Financial
- Principal: James Drost
- Firm size: 3 employees.
- Credentials named in the brochure: CFP®.
- Registered as an adviser: 2021 (5 years).
Firm details from Form ADV
- How the firm is paid
- Fixed or flat fees, percentage of assets under management
- Charges a % of assets
- Yes
- Highest asset based fee in brochure
- 2% a year
- Clients
- 70
- Employees
- 3
- Works with
- Individuals and high net worth individuals
- Services reported to regulators
- Financial planning and portfolio management for individuals and small businesses
- Assets managed
- $42,674,889
- Registered with
- State securities regulators
- Disciplinary disclosures
- None reported
- SEC CRD number
- 312103
- Phone
- (612) 440-1037
Other planners in Minnesota that publish fees
- 360 FinancialWayzata$325/hr, $600-$20,000
- 7TH ST. FinancialChaska$200/hr
- Abbey StreetEden Prairie$250-$1,000/mo
- Abens Financial Services IncEdina$250/hr, $5,000-$100,000/yr
- Aberdour InvestmentsShoreview$80-$250/hr, $250-$5,000
- Access Financial Services, Inc.Minneapolis$250-$400/hr, $1,000
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.