Parr Mcknight Wealth Management Group fees and pricing
Financial planner in Minneapolis, Minnesota. Registered with the SEC.
According to its Form ADV Part 2A brochure dated June 10, 2026, Parr Mcknight Wealth Management Group charges a flat or project fee of $5,000-$300,000 for financial planning.
Published fees
Quoted from the firm's Form ADV Part 2A brochure, filed June 10, 2026. Fees can change, so confirm with the firm before you hire them.
- Flat or project fee
- $5,000-$300,000
“Fees for Financial Planning and Consulting Services Clients that are receiving financial planning services only are charged a fixed fee ranging from $5,000 to $300,000, depending upon the complexity of a client’s plan and services provided.”
Read the full brochure (PDF) (opens in new tab)SEC adviser record (opens in new tab)
How Parr Mcknight Wealth Management Group bills
Payment and refund terms, quoted from the fee section of the brochure.
- “Actual fees charged are clearly outlined in the financial planning agreement and clients receive invoices reflecting the amount of the fee due and payable.”
- “If based on a percentage of the value of assets under management, the advisory fee for the initial quarter shall be paid, on a pro rata basis, in arrears, based on the value of the net billable assets under management at the end of such initial quarter.”
- “Upon the termination of a client’s advisory relationship, PMWMG will issue a refund equal to any unearned management fee for the remainder of quarter.”
How Parr Mcknight Wealth Management Group’s fees compare
- Its flat or project fee of $5,000-$300,000 spans the Minnesota median of $5,250. 100% of the 108 other Minnesota planners that publish a flat or project fee charge less.
- 14 of the 14 other planners in Minneapolis that publish a flat or project fee charge less.
About Parr Mcknight Wealth Management Group
“In addition, PMWMG provides financial planning services that are completed upon the delivery of the financial plan to the client.”
- Firm size: 14 employees.
- Registered as an adviser: 2024 (2 years).
Planning areas mentioned in the brochure
- Retirement planning
- Tax planning
- Estate planning
- Insurance analysis
- Cash flow and budgeting
Firm details from Form ADV
- How the firm is paid
- Fixed or flat fees, percentage of assets under management
- Charges a % of assets
- Yes
- Clients
- 441
- Employees
- 14
- Works with
- Individuals, high net worth individuals, pension and profit sharing plans, charities, and businesses
- Services reported to regulators
- Financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other advisers
- Assets managed
- $1,068,581,930
- Registered with
- U.S. Securities and Exchange Commission
- Disciplinary disclosures
- None reported
- SEC CRD number
- 330050
- Phone
- (612) 324-0240
Can advise clients in 12 states: Arizona, California, Colorado, Florida, Illinois, Massachusetts, Minnesota, New York, Tennessee, Texas, Washington, Wisconsin
Other planners in Minneapolis that publish fees
- Access Financial Services, Inc.Minneapolis$250-$400/hr, $1,000
- Adaptive Financial Design LLCMinneapolis$1,000, $200-$500/mo
- All Star FinancialMinneapolis$25,000
- Allodium Investment Consultants, LLCMinneapolis$200-$500/hr, $2,500-$50,000
- Authentic Life Financial PlanningMinneapolis$300/hr, $8,000
- Bernstein Financial AdvisoryMinneapolis$250/hr
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.