Business Details
Your Trusted Partner for Comprehensive Financial Planning
Collins Wealth Management has dedicated itself to protecting and growing clients' wealth through personalized financial strategies. With over two decades of experience, we specialize in active asset management, retirement planning, tax optimization, and estate planning, prioritizing fee-based services over commission-driven models. Our approach emphasizes individual equities and ETFs rather than mutual funds, allowing tailored portfolio construction aligned with each client's unique goals. We maintain face-to-face relationships while offering 24/7 digital access, serving individuals, families, and businesses across the Twin Cities and beyond. Our fee structure eliminates conflicts of interest, ensuring recommendations focus solely on client needs.Trust is built through transparent reporting, data-driven strategies, and senior team engagement. We differentiate ourselves through active market responsiveness, avoiding traditional 'buy-and-hold' philosophies. Our expertise extends to tax-efficient investing, retirement income management, and intergenerational wealth transfer. As a family-owned firm, we combine institutional-level knowledge with personalized service, making complex financial tools accessible to average investors. Our commitment to education empowers clients to make informed decisions about their financial futures.
Services
Asset Management
Retirement Strategies
Tax Management
Estate Planning
Insurance Products
Investment Strategies
Portfolio Management
Financial Planning
Annuity Products
Wealth Preservation
Highlights and features
- We offer 24 years of experience in active asset management and financial planning
- Our fee-based model eliminates conflicts of interest from commission-driven products
- We specialize in customized ETF and individual equity portfolios rather than mutual funds
- Senior team provides direct client engagement with data-backed reporting
- We combine institutional-level strategies with personalized face-to-face service
Associations and certifications
- FINRA
- SIPC
Services
Asset Management
Our active asset management service focuses on building customized portfolios using individual equities and ETFs rather than mutual funds. We provide daily market monitoring and strategic adjustments to protect against risk while pursuing growth. Clients receive personalized portfolio reviews and 24/7 digital access to their investments.
Retirement Strategies
We develop comprehensive retirement strategies tailored to individual timelines and goals. Our approach includes income planning, tax-efficient withdrawals, and market risk management to help clients maintain their lifestyle throughout retirement. We address Social Security optimization and required minimum distributions.
Tax Management
Our tax management strategies focus on minimizing liabilities through legal tax advantages. We address capital gains, estate taxes, retirement account withdrawals, and charitable giving strategies. Our approach integrates with overall investment decisions to maximize after-tax returns.
Estate Planning
We help clients establish estate plans that ensure wealth preservation and distribution according to their wishes. Services include trust creation, probate avoidance strategies, and charitable giving structures. We coordinate with legal professionals to implement comprehensive estate solutions.
Insurance Products
We offer life, health, and disability insurance solutions tailored to individual and business needs. Our specialized Bank On Yourself program provides dividend-paying whole life policies with unique growth features. We also provide long-term care and annuity products for comprehensive protection.
People
Greg Collins
Founder
With over 24 years in financial services, Greg Collins established Collins Wealth Management to provide commission-free, client-focused advisory services. He specializes in active asset management and retirement planning strategies.
Adam Collins
Wealth Advisor
As a second-generation financial advisor, Adam Collins brings modern investment strategies to client portfolios. He focuses on ETF selection and tax-efficient investment approaches for long-term wealth preservation.
Paula Opsahl
Client Services Director
Paula Opsahl manages client relationships and portfolio implementation. With extensive experience in financial planning, she ensures personalized service delivery and coordinates the firm's operational processes.
Questions
What makes Collins Wealth Management different from other financial advisors?
We operate on a fee-based model without commission incentives, focusing on active asset management using ETFs and individual equities rather than mutual funds.
How does the firm approach retirement planning?
We create personalized retirement strategies considering income needs, tax implications, and market risks, with ongoing adjustments to maintain financial security.
What investment strategies do you use?
We employ active management techniques, selecting individual equities and ETFs based on market conditions while maintaining long-term growth objectives.
How are client portfolios monitored?
Portfolios receive daily market monitoring with regular reviews and 24/7 client access to investment accounts through secure digital platforms.
What insurance products do you offer?
We provide life, health, disability, and long-term care insurance solutions, including specialized Bank On Yourself dividend-paying whole life policies.
How does the firm build client trust?
Through transparent reporting, face-to-face communication, and senior team involvement in all client relationships, ensuring alignment with client objectives.
