How to Apply
Getting licensed as a Financial Planner (CFP) in Minnesota starts with meeting the educational prerequisites set by the MN licensing authority. Once you have completed your training, you will need to register for and pass the CFP Board Exam. After passing, submit your application along with all required documents to the Minnesota state board.
Requirements
Before applying for a Financial Planner (CFP) license in Minnesota, ensure you meet all eligibility criteria. MN requires candidates to have completed the necessary educational coursework and accumulated the required training hours. All applicants must pass a comprehensive background check and provide proof of identity. Successfully passing the CFP Board Exam is a non-negotiable requirement in Minnesota.
Fees & Costs
Obtaining your Financial Planner (CFP) license in Minnesota requires a financial investment. The base licensing fee in MN is $400, which includes application processing and credential verification. Exam registration fees are separate and vary by testing center. Budget for approximately $550 total when accounting for all associated costs in Minnesota.
License Fee Calculator — Financial Planner (CFP) in Minnesota
Renewal Process
Your Financial Planner (CFP) license in Minnesota must be renewed every 2 years. The renewal fee in MN is $275. Minnesota requires completion of continuing education credits before renewal. Submit your renewal application at least 30 days before expiration to avoid late fees. Practicing with an expired license in MN can result in fines and disciplinary action.
License Expiry Calculator — Financial Planner (CFP) in MN
Enter your license issue date to see when renewal is due. Minnesota requires renewal every 2 years.
Additional Information
Working as a Financial Planner (CFP) in Minnesota offers numerous opportunities for career growth and professional development. MN has a robust job market for licensed professionals in this field. The state board actively works to streamline the licensing process while maintaining rigorous standards. Minnesota also participates in interstate licensing compacts, which may facilitate practice across state lines for qualified Financial Planner (CFP) professionals.
Document Checklist — Financial Planner (CFP)
0 of 6 documents ready
Frequently Asked Questions
License Reciprocity: Can I Use My Minnesota Financial Planner (CFP) License in Other States?
Reciprocity varies by state. Always verify with the destination state's licensing board before practicing.
| Destination State | Reciprocity | Notes |
|---|---|---|
| Alaska (AK) | None | AK does not recognize MN Financial Planner (CFP) license. Full re-application required. |
| Alabama (AL) | None | AL does not recognize MN Financial Planner (CFP) license. Full re-application required. |
| Arizona (AZ) | None | AZ does not recognize MN Financial Planner (CFP) license. Full re-application required. |
| Arkansas (AR) | None | AR does not recognize MN Financial Planner (CFP) license. Full re-application required. |
| Colorado (CO) | None | CO does not recognize MN Financial Planner (CFP) license. Full re-application required. |
| Delaware (DE) | None | DE does not recognize MN Financial Planner (CFP) license. Full re-application required. |
| California (CA) | None | CA does not recognize MN Financial Planner (CFP) license. Full re-application required. |
| Florida (FL) | None | FL does not recognize MN Financial Planner (CFP) license. Full re-application required. |
Where to File Locally in Minnesota
Visit a licensing department office near you for in-person assistance.
St. Paul
85 7th Place E, St. Paul, MN 55101
(651) 539-1500
Mon-Fri 8:00 AM - 4:30 PM
Minneapolis
350 S 5th St, Minneapolis, MN 55415
(612) 673-3000
Mon-Fri 8:00 AM - 4:30 PM
Rochester
201 4th St SE, Rochester, MN 55904
(507) 328-2000
Mon-Fri 8:00 AM - 4:30 PM
Duluth
411 W 1st St, Duluth, MN 55802
(218) 730-5000
Mon-Fri 8:00 AM - 4:30 PM
Bloomington
1800 W Old Shakopee Rd, Bloomington, MN 55431
(952) 563-8700
Mon-Fri 8:00 AM - 4:30 PM
Official Minnesota Resources
Always verify requirements directly with the Minnesota state board. Regulations may change.
Minnesota Licensing Board
https://mn.gov/boards
Contact Phone
(651) 539-1500
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US License Guide is a private informational resource and is not affiliated with, endorsed by, or connected to any federal, state, or local government agency. The information provided on this website is for general guidance purposes only and should not be considered legal or professional advice. Licensing requirements, fees, and procedures may change without notice. Always verify current requirements directly with your state's official licensing board before making any decisions. Use of this site does not create any professional-client relationship.