Fiduciary Financial Advisors Minneapolis

27 Years of Financial Planning and Wealth Management in Minnesota

At 360 Financial, we are fiduciary financial advisors, financial planners, and CFPs here to help you create your big picture plan.

You’ve worked hard to become successful and take care of your family, and you deserve experienced guidance. Based in Wayzata, with clients in Minneapolis and across Minnesota and the U.S., we specialize in helping successful professionals and small business owners move towards their big picture financial goals.

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What are YOUR Financial Goals?

And, is your financial advisor helping you get there?

You deserve to have the best possible guidance when building and protecting your wealth and legacy.

At 360 Financial, your financial advisor will take the extra time to get to know you on a deeper level so that your financial plan and portfolio meets your needs.

Circumstances change.

Life can throw the unexpected at you.

During those times, your financial advisory team will be there to guide you so you stay on track with your goals.

 

Does this sound like you?

  • You’re planning for retirement and want to get all your ducks in a row.
  • You want to ensure you leave a positive legacy.
  • Preserving generational wealth is important to you.
  • You don’t want to overpay your tax, so tax planning is important to you.
  • You’re concerned about having income flow in your old age.
  • You’re not trying to beat the market. But you do want to sleep well at night.
  • You want the guidance of an advisor who works in your best interest at all times.
  • Family and community are important to you.
  • You work hard and want to take care of what you’ve built.
  • If you’re a business owner, succession planning is on your to-do list.

If taking care of your financial future is a priority, please get in touch. When it comes to your wealth management and financial planning, you deserve the best advice and guidance.

Schedule Your 15-Minute Call

Top Financial Advisors and Wealth Management Services, MN

At 360 Financial, we aim to take care of every single client like they’re our family.

As an independent firm with a team of eight qualified financial advisors our goal is to provide outstanding service and personalized big picture planning. We are fee-only fiduciary financial advisors who put your needs and goals first.

What Is Fee-Only Financial Planning?

As a fee-only firm, we don’t sell you products in order to earn a commission.

There are no hidden fees. When working with a fee-only financial advisor you will pay a percentage of assets under management. This covers all the services provided by your advisory firm. At 360, you receive comprehensive wealth management services, and you don’t have to worry about hidden costs.

What Are the Benefits of Working with a Fiduciary?

A fiduciary financial advisor has a legal obligation to act in your best interests at all times.

Not all financial planners or advisors are fiduciaries. Thus, when looking for a wealth management team, it’s important to check the designations your advisor has. 

The main benefit of working with a fiduciary is that you can sleep well at night knowing your advisor is always acting in your best interest. They aren’t sales people working for a commission. They are there to guide you towards achieving your financial goals and help you weather the ups and downs of the markets.

Get to Know the Team

How Does It Work?

  1. Schedule a call with a 360 Financial advisor.

  2. Have a 15-minute fit call to ask questions.

  3. Meet for a more in-depth follow-up call with your advisor.

  4. Get started with your new financial advisor.

  5. We create a financial plan for you and begin optimizing your investments.

 

Get to Know the Team

Minneapolis Financial Advisors

Build and Preserve Your Wealth with Financial Advisors and Planners in Minnesota

All of 360 financial’s advisors with Certified Financial Planner (CFP) designations can build a complete financial plan for you.

Your financial plan will include income planning, tax strategies, investment management, legacy planning, and risk management. If you’re a business owner, your financial plan will take this into consideration.

Mike Rogers, Founder, AIF® 

360 Financial was founded by Mike Rogers, an accredited investment fiduciary with over 27 years of experience in the financial services industry.

When he started the firm, Mike’s purpose was to create an advisory firm that would provide the absolute highest levels of service to hard-working professionals and business owners. Today, this mission continues. 360 Financial helps its clients leave a positive legacy and align their finances with their big picture plan.

MEET THE ADVISORS

Mike Rogers

360 Financial’s Location in Minnesota

360 Financial is located in Wayzata on Lake Street, just across from Wayzata Bay. We’re a 19-minute drive from Minneapolis and serve clients across Minnesota and the country. For our client’s convenience we are also happy to meet over the phone and via video call.


Driving Directions from Minneapolis to Wayzata

Driving from Minneapolis to Wayzata is straightforward as the two cities are only about 13 miles apart and connected by I-394. To get here:

  1. Start in Minneapolis, MN:
    Depending on your specific starting point, head towards I-394 W.
  2. Take I-394 W:
    Merge onto I-394 W via the ramp to US-12 W.
    Stay on I-394 W for about 10 miles.
  3. Take I-394 W:
    Merge onto I-394 W via the ramp to US-12 W.
    Stay on I-394 W for about 10 miles.
  4. Exit Toward Wayzata:
    Take the County Rd 101 N/Central Ave exit toward Wayzata.
  5. Arrive in Wayzata, MN:
    Once you take the exit, follow signs and local roads to reach your specific destination in Wayzata.

 

360 Financial’s Location in Wayzata, MN

Address: 849 Lake Street E, Wayzata, MN 55391
Wayzata Phone Number: 952-542-8900
Hours: 8 AM to 5 PM, Monday to Friday
Email: [email protected]

 

Areas in Minnesota 360 Financial Serves

360 Financial serves clients in Minneapolis, Wayzata, St. Louis Park, Elk River, Woodland, Minnetonka, Hopkins, Deephaven, Medicine Lake, Long Lake, Medina, and many other communities throughout Minnesota. We also serve clients who live in various states across the country.

Do you have an up-to-date financial plan?

Your financial plan is a step-by-step guide to help you pursue your goals.

At 360 Financial, we create a financial plan and implement strategies based on your goals and big-picture plan. A well-structured financial plan is crucial because it serves as a roadmap to your financial success. It not only outlines your financial goals but also provides a strategic approach to reach them, factoring in your income, expenses, and lifestyle.

A robust financial plan goes beyond just managing your money.

It ensures your financial decisions align with your life objectives, enabling you to confidently navigate life’s uncertainties and build a secure future. Financial planning is one of the essential elements you need when building wealth and pursuing financial independence.

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Investment Management and Financial Planning Services Include:

360 Financial provides comprehensive wealth management, investment management and financial planning services. Our services include the following:

  • Comprehensive and long-range wealth management and financial planning
  • Education planning and funding (college planning)
  • Risk management
  • Specialist referrals
  • Personal tax planning and strategies
  • Business tax planning and strategies
  • Retirement savings and planning
  • Retirement tax planning strategies
  • Implementing retirement plans – 401(k)s, SEP IRAs and SIMPLE IRAs
  • 403(b) rollover services
  • Estate and estate tax planning
  • Will and trust planning
  • Legacy planning
  • Generational wealth planning
  • Investment advice and management
  • Philanthropic planning and charitable giving
  • Retirement goals and planning
  • Business Owner Cash Flow Planning
  • Succession Planning

You are under no obligation to use the services of any of the outside professionals referred, and may choose any qualified professional to provide services. These entities and their services are not affiliated with LPL Financial and 360 Financial.

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Your happiness is our priority.

Your investment advisor should be your partner in pursuing your goals.

We believe that your investment advisor and financial planner should be working right beside you with your best interest at heart at all times. We believe that your financial advisor should be caring, open, and honest. They should give you a comprehensive plan by looking at your entire financial picture.

Finally, your financial advisor should meet with you annually to review your financial plan and investments and make changes as necessary.

What should you expect from a financial advisor?

  • You should expect a comprehensive financial plan that is updated at least annually
  • You should expect a financial advisor to reach out to you quarterly.
  • Your financial planning office should know you and your family and address any of your needs.

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360 Financial’s Services

RETIREMENT PLANNING

Retirement planning is a critical aspect of financial planning that focuses on building and managing a portfolio of investments to ensure a comfortable and secure retirement.

A well-structured retirement strategy helps mitigate this risk, providing peace of mind and ensuring your hard-earned savings are put to work effectively for your future.

FINANCIAL PLANNING

360 Financial offers financial planning tailored to the unique needs of successful professionals and small business owners. This includes an assessment of your current financial situation, goal-setting, and the creation of a step-by-step plan to pursue your goals. This means peace of mind, long-term stability, and a roadmap for accomplishing your financial aspirations, such as retirement, a work-optional lifestyle, or buying a dream home.

TAX PLANNING

Nobody wants to overpay their taxes. For successful professionals and business owners who often grapple with the complexities of tax planning, 360 Financial provides professional tax planning services. This ensures optimal tax strategies, maximizes deductions, and minimizes liabilities. The result is more retained income and a clearer understanding of your tax position. In addition, our partner company Rapacki CPA can help you with complex small business tax planning and accounting. *

Estate Planning

ESTATE PLANNING & LEGACY

Securing a great future for your loved ones is a concern for many of our clients. 360 Financial’s estate planning services ensure that you have an equitable plan and assets are distributed according to your wishes, with minimized tax consequences. Legacy planning preserves one’s values and ensures a lasting impact, be it in philanthropic undertakings or passing down wealth to future generations.

FINANCIAL PLANNING FOR SMALL BUSINESSES

Understanding that small businesses form the backbone of the economy, 360 Financial offers tailored financial planning for small business owners. As a small business owner, your finances are often tied to the success of your business. Whether you need help with succession planning, the imminent sale of a business, employee 401(k)s, or your own retirement planning, we can help.

Investment Management

INVESTMENT MANAGEMENT

360 Financial offers a suite of investment management services to help professionals move towards their wealth goals. By taking into account risk tolerance, financial goals, and market dynamics, our team curates a diversified portfolio that is tailored to your needs and goals. This means your hard-earned money works harder for you.

INSURANCE PRODUCTS & PLANNING

Professionals and small businesses face risks, and 360 Financial offers access to a range of insurance products to mitigate these risks. Be it life insurance, disability coverage, or business liability insurance, we provide solutions to ensure that uncertainties don’t derail your financial plans or business operations.

COMPREHENSIVE WEALTH MANAGEMENT

Beyond mere financial planning or investment advice, 360 Financial offers a holistic wealth management approach. This combines thoughtful financial planning, investment management, and other financial services to give you an all-encompassing financial strategy. This integrated approach ensures the synchronization of all your financial assets, leading to optimal growth and security.

LIFE WEALTH PLANNING

360’s Life Wealth Planning goes beyond the monetary. Our proprietary planning method aligns your financial decisions with your life values, aspirations, and milestones. This means not just achieving financial goals but also realizing life goals, whether it’s traveling the world, supporting a cause, or achieving a work-life balance.

Retirement Planning for Business Owners

As a business owner, your retirement planning needs are unique and complex.

Your business is not only a source of income but possibly your most significant asset, making it integral to your retirement strategy. It’s essential to consider options like setting up tax-advantaged retirement accounts, determining an exit strategy or succession plan, and ensuring your investment portfolio is properly diversified beyond your business.

All of this requires thoughtful financial planning and expert guidance to secure a comfortable and sustainable retirement.

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"Someone's sitting in the shade today because someone planted a tree a long time ago." - Warren Buffett

What to Look for in a Fiduciary Financial Advisor

CFP®

Certified financial planners (CFPs) are financial advisor trained in comprehensive financial planning, from retirement to estate planning. CFPs are fiduciaries and as such are bound by a strict code of ethics. They have comprehensive knowledge about a range of financial topics and offer personalized financial plans.

Schedule a Call with a CFP ⇨

AIF®

AIF stands for Accredited Investment Fiduciary. Financial advisors with the AIF designation have a fiduciary responsibility and deep knowledge of investment processes. They understand optimal investment practices and are qualified to help individuals and businesses with complex investment management and wealth management needs.

Schedule a Call with an AIF ⇨

CPWA®

CPWA stands for Certified Private Wealth Advisor. A CPWA is professional trained in the needs of high-net-worth individuals. They understand complex financial situations and can handle sophisticated investment and wealth planning needs.

Schedule a Call with a CPWA ⇨

WHAT IS THE COST OF NOT HAVING A STRONG FINANCIAL TEAM?

The cost of not having a robust financial plan and wealth management team can be significant.

Without a clear plan, you may be missing out on opportunities to protect your wealth and prepare for the future. It only takes one wrong financial move to wipe out an entire lifetime of wealth building.

Many people think that you have to have $100M in assets to have a wealth management team that looks out for your entire financial big picture. But that’s not the case.

We believe that a comprehensive financial plan and wealth management strategy is critical for financial security and peace of mind.

Schedule Your 15-Minute Call

COMMON QUESTIONS ABOUT FINANCIAL PLANNING IN MN

What is a normal fee for a financial planner?

Many financial planners charge a 1% fee, which may not include the investment fees. Some underlying investments—such as certain mutual funds—within your portfolio may have costs over and above what you pay for financial advice.

How do you charge? What is your cost structure?

We charge assets under management (AUM) fee. Essentially that means we charge a fee on the assets that we manage. It’s a percentage of your account value. We are always transparent with our service and investment fees. And we believe that you should always ask your financial advisor about the all-in cost.

What is the difference between a financial advisor and a financial planner?

The terms financial advisor and a financial planner are used interchangeably. We recommend that you work with a Certified Financial Planner that is a fiduciary in Minnesota.

Are you certified financial planners?

At 360 Financial we have many CFPs in our office.

Does your firm receive recognition for production?

Mike Rogers, our founder and president, is part of LPL’s Chairman council which is awarded to less than 1% of advisors and based on annual production among LPL Advisors. LPL Financial is the largest brokerage firm in the nation with over 20,000 advisors, ss reported by Financial Planning magazine, 1996-2022, based on total revenue. LPL is the #1 Independent Broker/Dealer in the US1 and the #3 RIA Custodian in the US2.

How much money do I need to have to work with you?

Most of 360 Financials’s clients have a portfolios of $1M or greater. Typically, we work with clients with $1M or more in investable assets or the ability to get there. If a client is younger, and building wealth, we know they will be able to grow their wealth to have $1M or more in assets at retirement.

What should I bring to my first meeting with you?

You don’t need to bring anything to the first meeting. The first meeting is a conversation about your overall financial picture and your goals, so you don’t need to bring any paperwork.

How do I schedule a call or meeting?

Click below to schedule a Zoom meeting or phone call. Or email or call Emily at our main office. She will send you a scheduling link to choose a date and time that work best with your schedule. 

Schedule a 15-minute Call

What are 360’s assets under management?

$550M + as of July 13, 2023.

Does 360 Financial have the best financial planners in Minnesota? 

Well, we like to think so. But you’ll have to be the judge of that.

We encourage you to schedule a call below to meet with one of our team members. You’ll be asked questions and get a better feel for what makes 360 different and why we’re about to provide such excellent service to our clients.

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Speak with an Advisor

Schedule a Call with a Financial Advisor

If you would like to work with a wealth management and financial planning team that cares about your happiness and future, please schedule a call with one of 360 Financial’s advisors.

You can schedule a 15-minute introductory call to ask questions and find out how we can help you.

We look forward to hearing from you.

SCHEDULE A CALL ⇨

360 FINANCIAL HQ

360 Financial Company Details

Time in Business: Founded in 1995
Assets under management: $550M+
Account minimum: 360 does not currently have an account minimum
Fee Structure: fee based
Team: Dedicated 25-person team of specialists

We help simplify your financial planning process and cushion the effects of impactful financial events.

ABOUT 360 ⇨

BIG PICTURE PLANNING

360 Life Wealth Process

360 Financial’s purpose is to enrich your life by leading you through impactful financial events such as changing jobs, moving, retiring, or a recession.

Our Life Wealth Plan helps you manage your goals by focusing on what you can control as you pursue your financial independence. We look at four areas of your life to build a plan for your unique goals: Family, Occupation, Recreation, and Money.

LIFE-WEALTH PROCESS ⇨

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Are you getting the best possible financial guidance?

Schedule a call with a fiduciary financial advisor.

Schedule a 15-minute Call

* Rapacki & Co., and not affiliated with LPL Financial. Tax/accounting/CPA related services offered through Rapacki & Co. DBA 360 Financial Tax Strategies. Rapacki & Co. is a separate legal entity and not affiliated with LPL Financial. LPL Financial does not offer tax advice or Tax/accounting/CPA related services.