Best Financial Advisors in South Dakota

How many financial advisors are registered in South Dakota?
There are 14 SEC-registered investment advisory firms in South Dakota, spread across 3 cities. This includes firms managing $100 million or more in client assets.

What is the average financial advisor fee in South Dakota?
The median advisory fee in South Dakota is 0.95% of assets under management per year, based on fee schedules disclosed in Form ADV Part 2A filings.

How are advisors ranked on this page?
Advisors are ranked by our Red Flag Score (0-100), which considers disciplinary history, customer complaints, conflicts of interest (broker-dealer affiliations, insurance licensing, custody arrangements), and fee positioning. Higher scores indicate fewer risk factors in public filings.

Where does this data come from?
All data is sourced from the SEC's public Form ADV filings, available at sec.gov/foia. Updated monthly. We do not accept payment from advisors for inclusion or ranking.