Lifeplan Financial, LLC fees and pricing

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

According to its Form ADV Part 2A brochure dated February 24, 2026, Lifeplan Financial, LLC charges $125⁠-⁠$300 an hour for financial planning.

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed February 24, 2026. Fees can change, so confirm with the firm before you hire them.

Hourly rate: $125⁠-⁠$300/hr; “Consulting fees will be charged on an hourly basis, ranging from $125 - $300 per hour, depending on the nature and complexity of each client's circumstances, as well as the individual conducting the work.”

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

“In certain circumstances, all fees may be negotiable.”
“On the rare occasion that a non-client requests a financial plan or an estate plan from LPF, a fee would be negotiated based on plan complexity with portions payable at various points in the planning process.”
“All fees are due and payable upon completion.”

Its hourly rate of $125-$300 spans the Minnesota median of $263. 29% of the 115 other Minnesota planners that publish an hourly rate charge less.

How the firm is paid: Hourly fees, percentage of assets under management
Charges a % of assets: Yes
Highest asset based fee in brochure: 1.95% a year
Clients: 255
Employees: 7
Works with: Individuals and high net worth individuals
Services reported to regulators: Financial planning, portfolio management for individuals and small businesses, and other services
Assets managed: $141,037,349
Registered with: U.S. Securities and Exchange Commission
Disciplinary disclosures: None reported
SEC CRD number: 136981
Website: lifeplan-financial.com (opens in new tab)
Phone: (507) 625-3507

Can advise clients in 5 states: Florida, Minnesota, Nebraska, South Dakota, Texas

Is something on this page wrong or out of date?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.