New Generation Wealth Management, LLC fees and pricing

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed September 22, 2026. Fees can change, so confirm with the firm before you hire them.

Hourly rate

$295/hr

“Services are offered based on an hourly fee of $295 per hour.”

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

How New Generation Wealth Management, LLC bills

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

• “Fees for financial plans are billed half in advance with the balance due upon plan delivery.”
• “The fee will be disclosed to the Client in the Investment Advisory Agreement and are negotiable.”
• “Schedule of Fees). 8 The above fees are negotiable.”

How New Generation Wealth Management, LLC’s fees compare

• Its hourly rate of $295 is above the Minnesota median of $263. 52% of the 115 other Minnesota planners that publish an hourly rate charge less.

About New Generation Wealth Management, LLC

• Firm size: 2 employees.
• Registered as an adviser: 2017 (9 years).

Firm details from Form ADV

How the firm is paid

Hourly fees, percentage of assets under management

Charges a % of assets

Yes

Highest asset based fee in brochure

3% a year

Employees

2

Services reported to regulators

Financial planning, selecting other advisers, and educational seminars and workshops

Registered with

State securities regulators

Disciplinary disclosures

None reported

SEC CRD number

289146

Website

youtube.com/@ngwm (opens in new tab)

Phone

(612) 741-1650

Can advise clients in 2 states: Florida, Minnesota

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

Compare all 271 planners in Minnesota