Kara Proctor
Kara Proctor is a CFP-designated registered investment advisor at Midwest Professional Planners, LTD., based in Duluth, MN, with 10 years of industry experience. Their practice areas include Business Owners, Estate Planning, Insurance Planning, Retirement Planning, and 1 more. Their firm serves 837 clients with $650M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
MPPL Financial manages investments for a fee based on a percentage of your portfolio. The maximum fee is 2.5% annually. Fees are negotiable. MPPL also offers sub-advisory services through Betterment for a maximum fee of 1.5% annually. Clients paying more than $12,000 annually in investment management fees may have ongoing planning fees reduced or waived.
Location
309 W. Superior Street, Duluth, MN, 55802
Get directionsHistory
Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business Activities
Kara is the treasurer for the Superior Douglas County Family YMCA board since 2021 and a past president and board member of the Duluth Superior Eco Rotary since 2019. These activities are not investment-related.
Employment History
Current Registrations
Midwest Professional Planners, LTD.
Previous Registrations
Rsm US Wealth Management LLC
Raymond James & Associates, INC.
State Registrations1 state
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.