What are your financial goals?
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, we take the 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 and wealth management team will be there to guide you so you stay on track with your goals.
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Financial Planning and Wealth Management in Minneapolis
At 360 Financial, we are fiduciary financial advisors, financial planners, and CFPs here to help you create your big picture plan.
Based in Wayzata, with clients in Minneapolis and across Minnesota and the U.S., we specialize in helping successful professionals and business owners move towards their big picture financial goals.
Does this sound like you?
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You’re planning for retirement and want to get all your ducks in a row.
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You want to ensure you leave a positive legacy.
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Preserving generational wealth is important to you.
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You don’t want to overpay your tax, so tax planning is important to you.
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You’re concerned about having income flow in your old age.
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You’re not trying to beat the market. But you do want to sleep well at night.
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You want the guidance of an advisor who works in your best interest at all times.
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Family and community are important to you.
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You work hard and want to take care of what you’ve built.
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If you’re a business owner, succession planning is on your to-do list.
Our Team of Experts + Your Vision & Values
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30 Years of Experience
We know what it’s like to work hard and make sacrifices to give your family the best. We aim to work as hard as you do to ensure your family's financial future is protected.
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Over 30 years of experience as CFPs and financial advisors
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$500 million in assets under management
Top Financial Advisors in 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?
A fee-only financial advisor doesn'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.
One 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.
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We specialize in helping business owners and entrepreneurs diversify and plan for succession.
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We ensure your money is working hard and invested in line with your business and personal goals.
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Keep everything under one roof when you work with our CPA partner, Rapacki.
Financial Advisory Services
360's Big Picture Planning
Here's How It Works
Minneapolis Financial Advisors
Build and Preserve Your Wealth with Financial Advisors & Planners in Minnesota
All of 360 financial’s advisors with Certified Financial Planner (CFP) designations can build a complete financial plan for you.
Our services include the following:
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Comprehensive and long-range wealth management and financial planning
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Education planning and funding (college planning)
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Risk management
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Specialist referrals
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Personal tax planning and strategies
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Business tax planning and strategies
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Retirement savings and planning
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Retirement tax planning strategies
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Implementing retirement plans
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401(k)s, SEP IRAs and SIMPLE IRAs
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403(b) rollover services
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Estate and estate tax planning
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Will and trust planning
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Legacy planning
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Generational wealth planning
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Investment advice and management
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Philanthropic planning and charitable giving
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Retirement goals and planning
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Business Owner Cash Flow Planning
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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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Do you have an up-to-date financial plan?
Your financial plan is a step-by-step guide to help you pursue your goals.
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.
What should you expect from a financial advisor?
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You should expect a comprehensive financial plan that is updated at least annually
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You should expect a financial advisor to reach out to you quarterly.
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Your financial planning office should know you and your family and address any of your needs.
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.
Without a clear plan, you may be missing out on opportunities to protect your wealth and prepare for the future.
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.
It only takes one wrong financial move to wipe out an entire lifetime of wealth building.
What is the cost of not having a strong financial team?
We believe that a comprehensive financial plan and wealth management strategy is critical for financial security and peace of mind.
"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.
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.
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.
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360 Financial’s Locations in Minnesota
Fiduciary Financial Advisors in MN
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 US. For our client’s convenience we are also happy to meet over the phone and via video call.
Driving Directions from Minneapolis to Wayzata
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Start in Minneapolis, MN:
Depending on your specific starting point, head towards I-394 W. -
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. -
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. -
Exit Toward Wayzata:
Take the County Rd 101 N/Central Ave exit toward Wayzata. -
Arrive in Wayzata, MN:
Once you take the exit, follow signs and local roads to reach your specific destination in Wayzata.
Regular non-fiduciary financial advisors are required to give you "suitable" recommendations.
But suitable advice isn't always the best advice.
Speak with a fiduciary to find out what the best possible options are for your family's financial vision.
Many advisors at big banks and firms are not fiduciaries.
But does this really matter?
Is your advisor a fiduciary?
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Schedule a 15-minute call with a 360 Financial advisor to find out if we're the right fit, how we can help you, and how the process works.
Speak with a Fiduciary Financial Advisor
Get the best financial guidance for your exact situation and goals.
No more cookie-cutter solutions or high-cost products.
360 Financial FAQ
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.
What is a normal fee for a financial planner?
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.
How do you charge? What is your cost structure?
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.
What is the difference between a financial advisor and a financial planner?
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.
What should I bring to my first meeting with you?
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.
Does your firm receive recognition for production?
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.
How much money do I need to have to work with you?
$550M + as of July 13, 2023.
What are 360’s assets under management?
At 360 Financial we have many CFPs in our office.
Are you certified financial planners?
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.
How do I schedule a call or meeting?
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.
Does 360 Financial have the best financial planners in Minnesota?
* 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.
360's Client Testimonials
Proactive Guidance
My husband and I have been a client of 360 Financial for an impressive twenty plus years, and throughout this time, they have consistently exceeded our expectations in every aspect of financial planning and advisory services.
What truly sets 360 Financial apart is their dedication to providing comprehensive and proactive guidance.
The team at 360 Financial is not only knowledgeable and experienced but also incredibly responsive and accessible.
Tom and Brenda Laska
An Advisor & Partner
We knew what we wanted - we just weren't confident that we had everything lined up to achieve it.
We were looking around for people we trust.
360 was really very thorough in working with us to cover all the aspects of where our areas of concern were.
My wife knows she has an advisor and a partner that if I'm suddenly not here, she would know the financial side of her life would be covered.
Mike Graham
Shared Values
We were looking for a financial advisor who shared our values.
Before working with 360, we really had no idea how about all the different ways that financial planning can be done and the number of different tools that are out there.
We’re a few years out from retirement and are starting to plan how we’re going to stay busy and which opportunities we’re going to pursue after we leave the workforce.
We appreciate the job 360 is doing for us.
Chris Strand
These statements are testimonials by clients of the financial professional as of 04/03/2024, 08/20/2024, and 06/04/2024 respectively. These clients have not been paid or received any other compensation for making these statements. As a result, these clients do not receive any material incentives or benefits for providing the testimonial.
360's Advisory Team
Mike Rogers, AIF®
President and Founder
Mike Rogers is the President and founder of 360 Financial. As a fiduciary, he utilizes his 30+ years of experience to orchestrate and implement customized strategies.
Brian Bohnsack, AIF®
Senior Vice President
Brian Bohnsack is a financial advisor and the Managing Principal of 360's Elk River Office. Brian has a wide range of experience in financial services, accounting, insurance, and management.
Danielle Cain, CFP®
Associate Wealth Manager
Danielle Cain is a CFP® and holds a bachelor’s degree in finance from the University of Minnesota Carlson School of Business. She has her FINRA Series 6, 7, and 63 securities registrations held with LPL Financial.
Michael Urch, CFP®
Senior Wealth Manager
With over 10 years of experience, Michael advises his clients on all areas of wealth management. He graduated magna cum laude from Bethel University with a BA in economics and finance and a minor in mathematics.
Will Grant, CFP® CPWA®
Wealth Manager
As a Certified Financial Planner™ and Certified Private Wealth Advisor®, Will helps clients create their ideal life through values-based financial planning. His process is designed to pursue each client’s objective.
Dan Mahoney, CFP®
Senior Vice President
Dan has been a financial advisor for over twenty-five years, specializing in financial planning. He draws on many years of experience at Paine Webber/UBS Wealth Management.
Mitch Zweber
Senior Wealth Manager
Mitch is a financial professional focusing on portfolio and investment management, retirement planning, estate planning, and goal funding.
Tom Whitnah
Senior Vice President
Tom has been providing financial and advisory services to clients for 32 years. Prior to joining 360, Tom was at Morgan Stanley Smith Barney. He takes pride in crafting an investment plan to fit in with his clients’ goals.
