Shockman Financial fees and pricing

Financial planner in Fargo, North Dakota. Registered with state securities regulators.

According to its Form ADV Part 2A brochure dated January 20, 2026, Shockman Financial charges $250⁠-⁠$500 an hour for financial planning.

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed January 20, 2026. Fees can change, so confirm with the firm before you hire them.

Hourly rate: $250⁠-⁠$500/hr; “For hourly engagements, we charge a mutually agreed upon hourly fee of $250 - $500, depending on the skill of the financial professional or staff person involved.”

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

“Client fees for specific services may be charged in advance as described below.”
“Fees are payable quarterly in advance, based upon the market value of the assets on the last day of the previous quarter.”
“In the event the advisory agreement is terminated, the fee for the final billing period is prorated through the effective date of the termination and the outstanding or unearned portion of the fee is charged or refunded to the client, as appropriate.”

Its hourly rate of $250-$500 is above the North Dakota median of $250. 91% of the 11 other North Dakota planners that publish an hourly rate charge less.
4 of the 5 other planners in Fargo that publish an hourly rate charge less.

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: 1.5% a year
Clients: 121
Employees: 2
Works with: Individuals and high net worth individuals
Services reported to regulators: Financial planning, portfolio management for individuals and small businesses, and selecting other advisers
Assets managed: $35,918,770
Registered with: State securities regulators
Disciplinary disclosures: None reported
SEC CRD number: 315529
Website: shockmanfinancial.com (opens in new tab)
Phone: (701) 941-2134

Can advise clients in 2 states: Minnesota, North Dakota

Is something on this page wrong or out of date?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