Advisor at Compass Private Wealth Consulting, LLC
Data sourced from SEC public records (and other sources when available). Some details may be added by the advisor after claiming their profile. Refreshed daily • Updated today.
Firm
Compass Private Wealth Consulting, LLC
Location
Prior Lake, MN
Credentials
CFP®, PFS™, Series 63
Industry experience
10 years
Richard Miller is a CFP® and PFS™ credentialed financial advisor with 18 years at Compass Private Wealth Consulting, LLC and over 26 years of experience including his tenure at RSM McGladrey, Inc. He maintains an active CPA practice focused on individual tax return preparation during tax season. Compass Private Wealth Consulting is an independent, fee-only firm managing approximately $18.2 million for about 35 clients. The firm provides discretionary portfolio management and financial planning services to individuals, pension plans, trusts, estates, and charitable organizations, using mutual funds, ETFs, and individual equities with both fundamental and technical analysis.
Based on Compass Private Wealth Consulting, LLC
Based on Compass Private Wealth Consulting, LLC
Certain financial planning projects on a fixed fee basis; requires retainer of half the fixed fee
Under $500,000 - $500,000: 1.00% - 1.75% $500,001 - $1,000,000: 0.80% - 1.50% $1,000,001 - $2,500,000: 0.70% - 1.25% $2,500,000 - $5,000,000: 0.60% - 1.00% Above $5 million+: Negotiable
$250 per hour for financial planning services
Fee-only: Fee-only advisory firm, no commissions or other compensation from third parties
Prior Lake, MN
Minnesota
Compass Private Wealth Consulting, LLC
2008 - Present (18 years)
Rsm Mcgladrey, Inc.
2000 - Present (26 years)
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Is active or affiliated with:
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
Is not active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
Bank
They're affiliated with a bank that may offer its own financial products and services.
Trust company
They provide trust and estate administration services, typically for separate fees.
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
Lawyer
They provide legal services, typically billed separately.
Real estate agent
They facilitate real estate transactions and may earn commissions.
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Series 63, Series 65
Savage, MN
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Series 66
Eden Prairie, MN
Trustmerit Capital
Series 66
Bloomington, MN
KMB Wealth Management, LLC
Series 63, Series 65
Bloomington, MN
Fiduciary Wealth
Series 65
Eden Prairie, MN
Wenzel Analytics, Inc.
Series 66
Bloomington, MN
Summit Advisor Group
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