Silveroak Wealth Management LLC fees and pricing

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed March 31, 2026. Fees can change, so confirm with the firm before you hire them.

Hourly rate

$50⁠-⁠$350/hr

“Fees for pension consulting services will be charged in one or both of the two ways listed below, upon mutual agreement with the client: a) As a fixed fee, typically ranging from $3,000 to $25,000, depending on the nature and complexity of each client's circumstances; and/or b) On an hourly basis, ranging from $50…”

Flat or project fee

$3,000⁠-⁠$25,000

From the same sentence as above.

Monthly fee

$1,500⁠-⁠$6,000/mo

“Bill Pay Services Upon mutual agreement with the client, bill pay services fees will be charged as a fixed fee, typically ranging from $1,500 - $6,000 monthly depending on the nature and complexity of each client’s circumstances.”

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

How Silveroak Wealth Management LLC bills

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

• “Annual fees are negotiable under certain circumstances depending on the size and nature of the client's account and the services required by the client.”
• “Clients will be invoiced in advance at the beginning of each calendar quarter based upon the value (market value or fair market value in the absence of market value) of the client's account at the end of the previous quarter.”
• “Annual fees are negotiable under certain circumstances depending on the size and nature of the client's account and the services required by the client.”

How Silveroak Wealth Management LLC’s fees compare

• Its hourly rate of $50-$350 spans the Minnesota median of $263. 17% of the 115 other Minnesota planners that publish an hourly rate charge less.
• 1 of the 9 other planners in Edina that publish an hourly rate charge less.
• Its flat or project fee of $3,000-$25,000 spans the Minnesota median of $5,250. 84% of the 108 other Minnesota planners that publish a flat or project fee charge less.
• 4 of the 6 other planners in Edina that publish a flat or project fee charge less.

About Silveroak Wealth Management LLC

• Firm size: 23 employees.
• Founded: 1999 (27 years).

Firm details from Form ADV

How the firm is paid

Hourly fees, fixed or flat fees, percentage of assets under management

Charges a % of assets

Yes

Highest asset based fee in brochure

3% a year

Clients

444

Employees

23

Works with

Individuals, high net worth individuals, and businesses

Services reported to regulators

Financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other advisers

Assets managed

$1,998,398,183

Registered with

U.S. Securities and Exchange Commission

Disciplinary disclosures

None reported

SEC CRD number

110532

Website

silveroakwealth.com (opens in new tab)

Phone

(952) 896-5700

Can advise clients in 14 states: Arizona, California, Colorado, Florida, Iowa, Illinois, Massachusetts, Michigan, Minnesota, New Hampshire, New York, Pennsylvania, Texas, Wisconsin

Other planners in Edina that publish fees

• Abens Financial Services IncEdina$250/hr, $5,000⁠-⁠$100,000/yr
• Acumen Financial Advisors, LLCEdina$500⁠-⁠$10,000/yr
• Cahill Financial Advisors, Inc.EdinaUp to $5,000
• Contego Capital Group, Inc.Edina$500⁠-⁠$5,000
• Cornerstone Wealth Advisors, Inc.Edina$3,000⁠-⁠$40,000, $1,250/qtr
• DSG Capital Advisors, LLCEdina$125⁠-⁠$475/hr

Compare all 26 planners in Edina