AdvisorRanked
92
Clean

ADVISORNET WEALTH PARTNERS

110 CHESHIRE LANE, MINNETONKA, MN 55305
Fiduciaryfee-onlySEC Registered
612-347-8600 http://www.fsaadvisors.com CRD #113074
$3.1B
Assets Managed
68
Clients
131
Employees
14
Years Active
since 2012

Compensation Model

% of Assets (AUM)
Hourly Fees
Fixed / Flat Fees
Commissions
Performance Fees

Compensation type disclosed on SEC Form ADV Item 5C. Filed 46106. Specific fee percentages are available in this firm's Form ADV Part 2A brochure at adviserinfo.sec.gov.

Conflict of Interest Analysis

Broker-Dealer Affiliated: No

No broker-dealer affiliation. Lower risk of commission-driven advice.

Insurance Licensed: Yes

This firm can sell insurance products (annuities, life insurance). This creates an incentive to recommend these products even when alternatives may be more appropriate.

Custody of Client Assets: Yes

This firm has direct custody of client assets, rather than using an independent custodian. This is a higher-risk arrangement that requires additional regulatory safeguards.

Proprietary Products: No

Uses only third-party investment products. No proprietary product conflicts.

Regulatory & Disciplinary History

Clean Record

No disciplinary events, regulatory actions, or customer complaints on file with the SEC or FINRA. This firm has maintained a spotless regulatory record for 14 years.

Firm Details

Legal NameADVISORNET WEALTH PARTNERS
CRD Number#113074
SEC RegisteredYes
Registration Date2012-08-29
States RegisteredMN
Assets Under Management$3.1B
Number of Clients68
Employees131
Compensation Typefee-only
Last ADV Filing46106

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Frequently Asked Questions

Is ADVISORNET WEALTH PARTNERS a fiduciary?

Yes. ADVISORNET WEALTH PARTNERS is a registered investment adviser (RIA) with the SEC, which means they are legally required to act as a fiduciary — putting your interests ahead of their own.

How does ADVISORNET WEALTH PARTNERS charge clients?

ADVISORNET WEALTH PARTNERS uses a fee-only compensation model. Full fee details are in their Form ADV Part 2A brochure at adviserinfo.sec.gov.

Does ADVISORNET WEALTH PARTNERS have any complaints?

No. ADVISORNET WEALTH PARTNERS has zero complaints or disciplinary actions on file with the SEC or FINRA across 14 years of operation.

How does ADVISORNET WEALTH PARTNERS compare to other advisors in MINNETONKA?

ADVISORNET WEALTH PARTNERS has a Red Flag Score of 92/100. There are 18 registered advisory firms in MINNETONKA. Use our city page to compare firms side by side.

Where does this data come from?

All information is sourced from SEC Form ADV public filings (mandatory regulatory disclosures) and FINRA BrokerCheck records. Last updated: 2026-06-24. We do not accept payment from financial advisors.

Data source: SEC Form ADV (Parts 1 and 2A) filed with the Investment Adviser Registration Depository (IARD). Filing date: 46106. Last data refresh: 2026-06-24. AdvisorRanked does not verify the accuracy of SEC filings. This is not financial advice.