Sona Wealth, Sona Wealth Management, Sona Wealth Advisors fees and pricing
Financial planner in Chanhassen, Minnesota. Registered with state securities regulators.
According to its Form ADV Part 2A brochure dated March 18, 2026, Sona Wealth, Sona Wealth Management, Sona Wealth Advisors charges $375 an hour, a flat or project fee of $1,500-$4,000, and an annual fee of $6,000-$40,000 for financial planning.
Published fees
Quoted from the firm's Form ADV Part 2A brochure, filed March 18, 2026. Fees can change, so confirm with the firm before you hire them.
- Hourly rate
- $375/hr
“The standard hourly planning rate is $375 per hour.”
- Flat or project fee
- $1,500-$4,000
“Fees for the Retirement Clarity Review are charged on a flat-fee basis and generally range from $1,500 to $4,000, depending on complexity.”
- Annual fee
- $6,000-$40,000/yr
“The minimum household advisory fee generally ranges from $6,000 to $40,000 annually and may be satisfied through a combination of asset-based advisory fees and fixed planning or strategic advisory fees.”
Read the full brochure (PDF) (opens in new tab)SEC adviser record (opens in new tab)
How Sona Wealth, Sona Wealth Management, Sona Wealth Advisors bills
Payment and refund terms, quoted from the fee section of the brochure.
- “Fees are calculated based on household asset levels and are billed quarterly in advance based on account values as of the last day of the prior calendar quarter.”
- “When advisory fees are deducted directly from Client accounts, the Firm prepares and makes available an itemized invoice or fee statement describing the billing period, fee calculation, and amount deducted.”
- “Any applicable minimum fee is disclosed in advance and outlined in the Client’s advisory agreement.”
How Sona Wealth, Sona Wealth Management, Sona Wealth Advisors’ fees compare
- Its hourly rate of $375 is above the Minnesota median of $263. 85% of the 115 other Minnesota planners that publish an hourly rate charge less.
- Its flat or project fee of $1,500-$4,000 is below the Minnesota median of $5,250. 27% of the 108 other Minnesota planners that publish a flat or project fee charge less.
- Its annual fee of $6,000-$40,000 spans the Minnesota median of $8,050. 84% of the 49 other Minnesota planners that publish an annual fee charge less.
About Sona Wealth, Sona Wealth Management, Sona Wealth Advisors
- Principal: Mark Struthers
- Solo practice: one person runs the firm, so you work directly with the planner.
- Credentials named in the brochure: CFP® and CFA.
- Founded: 2016 (10 years).
Firm details from Form ADV
- How the firm is paid
- Hourly fees, fixed or flat fees, subscription fees, percentage of assets under management
- Charges a % of assets
- Yes
- Clients
- 22
- Employees
- 1
- Works with
- Individuals
- Services reported to regulators
- Financial planning, portfolio management for individuals and small businesses, pension consulting, and educational seminars and workshops
- Assets managed
- $14,033,588
- Registered with
- State securities regulators
- Disciplinary disclosures
- None reported
- SEC CRD number
- 281976
- Phone
- (952) 412-6002
Other planners in Chanhassen that publish fees
- MD Financial Advisors / Vestment FinancialChanhassen$50-$650/hr, $190-$600/mo
- 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
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.