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Momentum Wealth Planning
Brett Anderson's fee-only RIA in Minneapolis focused on flat-fee financial planning, separating advice from product sales.
Momentum Wealth Planning
Momentum Wealth Planning operates as a fee-only registered investment advisor, established by Brett Anderson to serve clients in the Minneapolis-St. Paul metro. The firm positions itself squarely in the comprehensive financial planning camp, addressing retirement income strategies, tax-efficient distribution planning, and investment management for individuals and families. Unlike broker-dealer models, Momentum is compensated directly by its clients, eliminating commission-based conflicts. The firm's investment approach integrates financial planning with portfolio construction, targeting long-term, risk-appropriate allocations. While specific proprietary strategies are not broadly catalogued, the firm's public posture emphasizes a consistent, plan-driven methodology over opportunistic stock selection. Asset classes typically addressed include domestic and international equities, fixed income, and cash management, structured through individual securities and low-cost fund vehicles. Geographic focus remains the Upper Midwest. The firm maintains a deliberately compact footprint. Headcount and total assets under management are not publicly disclosed, consistent with many boutique RIAs that operate below the SEC's mandatory reporting thresholds. The advisory team is led by Brett Anderson, who carries the accredited wealth management advisor designation. No adjacent philanthropic structures, real-asset arms, or operating businesses are known to be affiliated. Structurally, Momentum's key differentiator is its fee-only posture, which aligns the firm's incentives with ongoing fiduciary advice rather than transactional revenue. This architecture serves a specific clientele: professionals and retirees seeking an ongoing planning relationship rather than episodic investment management. The firm's flat-fee planning model further separates it from percentage-of-assets billing that remains standard across much of the RIA industry.
General information
Firm type
RIA
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Minneapolis
Corporate office
Minneapolis, MN, United States
Principals
Brett Anderson
President and Wealth Advisor
Sector focus
Frequently asked questions
How does Momentum Wealth Planning charge for its services?
Momentum operates as a fee-only advisor, meaning the firm is compensated directly by its clients rather than through commissions on financial products. The firm emphasizes flat-fee financial planning, a structure that decouples the cost of advice from the size of a client's investment portfolio. This model is designed to reduce conflicts of interest inherent in percentage-of-assets billing or commission-based advice.
Who runs investment decisions at Momentum Wealth Planning?
Brett Anderson serves as President and Wealth Advisor, leading the firm's investment and planning activities. He holds the Accredited Wealth Management Advisor designation, a credential that requires substantial coursework in retirement planning, estate planning, investment management, and tax planning. The firm's small-team structure suggests Anderson is directly involved in portfolio-level decisions.
Is Momentum Wealth Planning a fiduciary?
Yes. As a registered investment advisor, Momentum is legally bound by a fiduciary duty to act in its clients' best interests at all times. This obligation extends to all aspects of the advisory relationship, including investment selection, planning recommendations, and fee transparency. The fiduciary standard is stronger than the suitability standard that governs broker-dealers, who need only recommend products that are 'suitable' for a client.
What type of client does Momentum Wealth Planning typically serve?
The firm serves individuals and families, with a natural geographic concentration in the Minneapolis-St. Paul metropolitan area. Its flat-fee planning model typically appeals to professionals and retirees who value ongoing, holistic financial guidance over episodic investment management. The emphasis on comprehensive planning suggests clients with multi-faceted financial lives — including retirement accounts, taxable investments, and income distribution strategies — rather than pure asset accumulation.
Does Momentum Wealth Planning operate as a multi-family office?
No. Momentum is structured as a registered investment advisor providing wealth management and financial planning services. It does not market itself as a family office and lacks the multi-generational, concierge-style service breadth — direct bill pay, estate administration, private travel management — that typically defines family office operations. The firm's wealth-management focus remains squarely on investment and planning advice.
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