Top financial advisors working with retirees in Red Wing, MN
The right financial advisor for you depends on how you weigh location, expertise, experience, the clients they typically serve, and how they work with you.
When you’re retired, managing your income to last through your lifetime is crucial, especially in a place like Red Wing, MN, where taxes can take a bigger bite. A common mistake is not planning for how taxes and social services interact, which can reduce your spending power unexpectedly.
- Income sequencing. Ask how they plan withdrawals from different accounts to minimize taxes and maximize benefits.
- Tax impact awareness. Confirm they understand Minnesota’s tax rules and how they affect your retirement income.
- Social service integration. Check if they factor in available social services to optimize your financial plan.
- Longevity planning. See how they prepare for the possibility of living longer than expected, ensuring your money lasts.
Here are top matches to get you started. Review each profile to compare experience, credentials, and approach.
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James L
CFP®, Series 66
Red Wing, MN
Excel Financial, LLC
James Loquai, a CFP® with 18 years of experience in Red Wing, MN, specializes in retirement planning and is the founder of Excel Financial, LLC. His firm manages $333 million in assets and offers both discretionary and non-discretionary asset management, with flat-fee financial planning services ranging from $500 to $10,000, providing flexibility compared to typical AUM fees.
Experience: 18 years
Avg account: $723,574
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Douglas R
CFP®, PFS™, Series 63, Series 65
Red Wing, MN
LPL Financial
Douglas Ritter's 35 years of experience and CFP® and PFS™ credentials equip him to address retirement income management challenges in Red Wing, MN, including tax impact and longevity planning. Affiliated with LPL Financial, a large firm offering flat-fee financial planning, he serves a diverse clientele and brings expertise in wealth management and retirement plans for business owners, distinguishing him from other advisors.
Experience: 35 years
Avg account: $399,489
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Michael D
Series 63
Red Wing, MN
Edward Jones
Michael Dube's 23 years of experience and Series 63 designation equip him to address retirement income challenges in Red Wing, MN, including tax impact and longevity planning. Affiliated with Edward Jones, a large firm managing over $1 trillion in assets, he offers wealth management and tax-loss harvesting services with an annual fee up to 1.35%, distinguishing him from smaller local advisors.
Experience: 23 years
Avg account: $246,728
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Thomas W
Series 63, Series 65
Red Wing, MN
Cetera
Thomas Wilder's extensive 43 years of experience and focus on retirees in Red Wing, MN, equip him to address retirement income sequencing and tax impact awareness effectively. Operating within Cetera, a large firm offering flat-fee planning and institutional trust solutions, he also brings expertise in wealth management and charitable giving, distinguishing him from advisors with narrower specialties or smaller firm resources.
Experience: 43 years
Avg account: $306,089
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Richard D
Series 63, Series 66
Red Wing, MN
Cambridge Investment Research Advisors
Richard Douglas specializes in retirement income strategy and annuities, making him well-suited to help retirees in Red Wing, MN manage income sequencing and tax impacts. With 30 years of experience at Cambridge Investment Research Advisors, a large firm offering flat-fee and AUM-based pricing, he also serves retired executives and business owners, providing a broad perspective on retirement planning.
Experience: 30 years
Avg account: $378,281
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