Parr McKnight Wealth Management Group logo

Parr McKnight Wealth Management Group

Updated today

Client assets under management

$892,294,871

Clients

441

37% high-net worth

Advisors

10

of 14 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

44

Low

Average account size

$2,023,344

About

Parr McKnight Wealth Management Group is an SEC-registered investment advisory firm that manages approximately $1.07 billion for about 441 clients through a ten-advisor team. The firm provides personalized financial planning and both discretionary and non-discretionary investment management to individuals (including high-net-worth clients), family offices, trusts, private foundations, and retirement plans.

PMWMG’s process begins with a detailed review of a client’s financial condition, goals and risk profile and typically emphasizes long-term, fundamental analysis while also executing shorter-term trades when appropriate. Portfolios may include equities, government and corporate bonds, municipal securities, ETFs, REITs, closed-end funds, structured notes, private funds/alternative investments, and PMWMG may recommend or oversee External Managers for portions of client assets; accounts are monitored on an ongoing basis with at least annual reviews.

Compared with many team firms, PMWMG maintains a relatively high account minimum and a client base oriented toward higher-net-worth and institutional relationships, and it operates on an institutional custody platform (Trade‑PMR/First Clearing) that provides access to trading, research and technology. The firm’s disclosures also note the use of endorsements and the advertisement of third‑party ratings, and some advisory personnel are licensed to sell insurance products for which they may receive separate commissions.

Client services

Financial planning Portfolio management Pension consulting Selection of other advisers

Expertise

General retirement planning General tax planning Wealth management Private / alternative investments

Occupation focus

Founder/Business Owner

Fee options

Fixed

Financial planning fixed fees range from $5,000 to $300,000 depending on complexity

Percentage

$0 - $500,000: 1.50% $500,000 - $1,000,000: 1.25% $1,000,000 - $5,000,000: 0.90% $5,000,000 - $10,000,000: 0.85% $10,000,000 - $20,000,000: 0.80% $20,000,000 - $30,000,000: 0.75% $30,000,000 - $50,000,000: 0.50% $50,000,000 - $75,000,000: 0.40% $75,000,000 - $100,000,000: 0.35%

Commissions

Certain representatives are licensed insurance professionals earning commissions for selling insurance products

Other

Account minimum: $2,500,000 Minimum fee: Financial planning fixed fees range from $5,000 to $300,000 depending on complexity

Main office location

Parr McKnight Wealth Management Group

333 S 7 Th Street, Suite 2370

Minneapolis MN 55402, United States

Number of offices

1

Most active in

Arizona · California · Colorado · Florida · Illinois · Massachusetts · Minnesota · Texas · Washington · Wisconsin

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Patricia K

Series 63, Series 66

Minneapolis, MN

Parr McKnight Wealth Management Group

General retirement planning General tax planning Wealth management Private / alternative investments Founder/Business Owner
user avatar

Emily N

CFP®, Series 66

Minneapolis, MN

Parr McKnight Wealth Management Group

General retirement planning General tax planning Wealth management Private / alternative investments Founder/Business Owner
user avatar

John O

Series 63, Series 66

Minneapolis, MN

Parr McKnight Wealth Management Group

General retirement planning General tax planning Wealth management Private / alternative investments Founder/Business Owner
user avatar

Brian M

CFP®, Series 63, Series 65

Minneapolis, MN

Parr McKnight Wealth Management Group

General retirement planning General tax planning Wealth management Private / alternative investments Founder/Business Owner
user avatar

Anthony P

CFP®, Series 63, Series 65

Minneapolis, MN

Parr McKnight Wealth Management Group

General retirement planning General tax planning Wealth management Private / alternative investments Founder/Business Owner
user avatar

John R

CFP®, Series 66

Minneapolis, MN

Parr McKnight Wealth Management Group

General retirement planning General tax planning Wealth management Private / alternative investments Founder/Business Owner
user avatar

Joe E

CFP®, Series 66

Minneapolis, MN

Parr McKnight Wealth Management Group

General retirement planning General tax planning Wealth management Private / alternative investments Founder/Business Owner
user avatar

Mindy P

Series 66

Minneapolis, MN

Parr McKnight Wealth Management Group

General retirement planning General tax planning Wealth management Private / alternative investments Founder/Business Owner
user avatar

Nelson M

Series 66

Minneapolis, MN

Parr McKnight Wealth Management Group

General retirement planning General tax planning Wealth management Private / alternative investments Founder/Business Owner
user avatar

Emily D

Series 66

Minneapolis, MN

Parr McKnight Wealth Management Group

General retirement planning General tax planning Wealth management Private / alternative investments Founder/Business Owner
Warmer team member

Not sure where to start?

We'll help you think it through – whether you ultimately need an advisor or not.

Call (201) 292-4557

Warmer provides personalized recommendations and introductions to independent fiduciary advisors. We do not supervise advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.

Each advisor listed on our site is an independent fiduciary responsible for their own advice. Warmer may receive fees from advisors for participation or referrals; these fees are paid by advisors and do not affect the fees clients pay for advisory services.

For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Please review an advisor's Form ADV and do your own diligence before entering into an advisory relationship.

By using our service, you agree to Warmer's Terms of Service and Advisory Agreement and Privacy Policy. Logos provided by Logo.dev

© 2026 Warmer Holdings Inc. ("Warmer")