Kelly P. Cutsforth
Senior Vice President, Senior Financial Advisor, PIM Portfolio Manager
With over 23 years of experience in financial services, I am dedicated to helping individuals and their families develop financial and investment strategies that align with their values in an effort to optimize their ability to meet their goals. My mission is to provide every client with targeted, comprehensive financial advice and portfolio management delivered with the highest level of personal service and professional integrity. My extensive experience throughout major shifts in the markets enables me to help my clients structure balanced portfolios to address their specific financial objectives and family dynamics.
I began my career in the financial services industry in 1999 and quickly concluded that I wanted to dedicate my practice to assisting clientele with their holistic life management needs. In 2003, I became a financial advisor and have worked to support investment needs of Rochester-area investors since. I have been recognized as a Five Star Wealth Manager award winner for 11 years; 2026; 2025; 2024; 2023; 2022; 2021; 2020; 2019; 2018; 2015; 2014.1 I was also recognized as Forbes Top Women Wealth Advisor 2018, 2019, 2020, 2021 and 2024.2
In 2018 and 2019, I was also recognized by Working Mother Magazine as a Top Wealth Advisor.3 Away from the office I enjoy spending time with my two children, traveling, and physical fitness. The last thing you need in your busy life is a complex web of financial relationships.
It takes more than a single planning session to put your wealth to work in support of your life goals. It takes a process. As your life circumstances change, so must the investment strategies we use to help keep you on course toward your objectives. We’ll continue to work together through the years to keep your investment strategies aligned with your goals and needs. We can work with you and your other advisors including your CPA and attorney to develop an estate planning strategy for your circumstances. Wells Fargo Advisors Financial Network does not provide legal or tax advice.
As a Portfolio Manager in PIM, I implement a consultative process where I oversee the development of each client’s personal investment plan.The PIM program is not designed for excessively traded or inactive accounts and is not appropriate for all investors. Please carefully review the advisory disclosure documents for a full description of our services. The minimum account size for this program is $50,000. This process is further enhanced with the use of the eMoney investment planning tool. I begin with a comprehensive review of my client’s goals and priorities. After I have helped the client define measurable goals, we then begin the process of designing, implementing and reviewing their investment portfolio.
1The Five Star Wealth Manager award was issued on 11/01/2025 by Five Star Professional (FSP) for the time period 03/13/2025 through 10/01/2025. Wealth managers do not pay a fee to be considered or placed on the final list of Five Star Wealth Managers. The award is based on 10 objective criteria. Eligibility criteria – required: 1. Credentialed as a registered investment adviser or a registered investment adviser representative; 2. Actively licensed as a registered investment adviser or as a principal of a registered investment adviser firm for a minimum of 5 years; 3. Favorable regulatory and complaint history review (As defined by FSP, the wealth manager has not; A. Been subject to a regulatory action that resulted in a license being suspended or revoked, or payment of a fine; B. Had more than a total of three settled or pending complaints filed against them and/or a total of five settled, pending, dismissed or denied complaints with any regulatory authority or FSP’s consumer complaint process. Unfavorable feedback may have been discovered through a check of complaints registered with a regulatory authority or complaints registered through FSP’s consumer complaint process; feedback may not be representative of any one client’s experience; C. Individually contributed to a financial settlement of a customer complaint; D. Filed for personal bankruptcy within the past 11 years; E. Been terminated from a financial services firm within the past 11 years; F. Been convicted of a felony); 4. Fulfilled their firm review based on internal standards; 5. Accepting new clients. Evaluation criteria – considered: 6. One-year client retention rate; 7. Five-year client retention rate; 8. Non-institutional discretionary and/or non-discretionary client assets administered; 9. Number of client households served; 10. Education and professional designations. FSP does not evaluate quality of services provided to clients. The award is not indicative of the wealth manager’s future performance. Wealth managers may or may not use discretion in their practice and therefore may not manage their clients’ assets. The inclusion of a wealth manager on the Five Star Wealth Manager list should not be construed as an endorsement of the wealth manager by FSP or this publication. Working with a Five Star Wealth Manager or any wealth manager is no guarantee as to future investment success, nor is there any guarantee that the selected wealth managers will be awarded this accomplishment by FSP in the future. 5,789 Twin Cities-area wealth managers were considered for the award; 517 (9% of candidates) were named 2026 Five Star Wealth Managers. Visit www.fivestarprofessional.com.
Award issued on 11/01/2024 by Five Star Professional (FSP) for the time period 03/13/2024 through 10/29/2024. 4,789 Twin Cities-area wealth managers were considered for the award; 642 (13% of candidates) were named Five Star Wealth Managers.
Award issued on 12/01/2023 by Five Star Professional (FSP) for the time period 03/13/2023 through 09/29/2023. 4,280 Twin Cities-area wealth managers were considered for the award; 637 (15% of candidates) were named Five Star Wealth Managers.
Award issued on 12/01/2022 by Five Star Professional (FSP) for the time period 03/14/2022 through 10/18/2022. 4,080 Twin Cities-area wealth managers were considered for the award; 633 (16% of candidates) were named Five Star Wealth Managers.
Award issued on 12/01/2021 by Five Star Professional (FSP) for the time period 03/29/2021 through 10/08/2021. 4,544 Twin Cities-area wealth managers were considered for the award; 622 (14% of candidates) were named Five Star Wealth Managers.
Award issued on 12/01/2020 by Five Star Professional (FSP) for the time period 03/30/2020 through 10/23/2020. 4,004 Twin Cities-area wealth managers were considered for the award; 630 (16% of candidates) were named Five Star Wealth Managers.
Award issued on 12/01/2019 by Five Star Professional (FSP) for the time period 03/01/2019 through 10/25/2019. 3,606 Twin Cities-area wealth managers were considered for the award; 589 (16% of candidates) were named Five Star Wealth Managers.
Award issued on 12/01/2018 by Five Star Professional (FSP) for the time period 03/23/2018 through 10/23/2018. 3,504 Twin Cities-area wealth managers were considered for the award; 671 (19% of candidates) were named Five Star Wealth Managers.
Award issued on 12/1/2017 by Five Star Professional (FSP) for the time period 02/23/2017 through 10/13/2017. 2,622 Twin Cities-area wealth managers were considered for the award; 591 (23% of candidates) were named Five Star Wealth Managers.
Award issued on 12/01/2014 by Five Star Professional (FSP) for the time period 04/17/2014 through 10/14/2014. 2,673 Twin Cities-area wealth managers were considered for the award; 825 (31% of candidates) were named Five Star Wealth Managers.
Award issued on 12/01/2013 by Five Star Professional (FSP) for the time period 04/17/2013 through 10/14/2013. 1,931 Twin Cities-area wealth managers were considered for the award; 844 (44% of candidates) were named Five Star Wealth Managers.
NOTE: CLICK HERE TO FIND DATES FOR THE EVALUATION PERIODS FOR ALL FIVE-STAR AWARDS – LISTED BY MARKET.
22024 Forbes Top Women Wealth Advisors: Awarded February 2024; Data compiled by SHOOK Research LLC based on the time period from 9/30/22 – 9/30/23 (Source: Forbes.com) 2021 Forbes Top Women Wealth Advisors: Awarded March 2021; Data compiled by SHOOK Research LLC based on the time period from 9/30/19 – 9/30/20 (Source: Forbes.com). 2020 Forbes Top Women Wealth Advisors: Awarded April 2020; Data compiled by SHOOK Research LLC based on the time period from 9/30/18 – 9/30/19 (Source: Forbes.com). 2019 Forbes Top Women Wealth Advisors: Awarded April 2019; Data compiled by SHOOK Research LLC based on the time period from 9/30/17 – 9/30/18 (Source: Forbes.com). 2018 Forbes Top Women Wealth Advisors: Awarded May 2018; Data compiled by SHOOK Research LLC based on the time period from 9/30/16 – 9/30/17 (Source: Forbes.com).The Forbes Top Women Wealth Advisors rating algorithm is based on the previous year’s industry experience, interviews, compliance records, assets under management, revenue and other criteria by SHOOK Research, LLC. Investment performance is not a criterion. Self-completed survey was used for rating. This rating is not related to the quality of the investment advice and based solely on the disclosed criteria.
32019 Working Mother’s Top Wealth Advisor Moms: Awarded October 2019; Data compiled by SHOOK Research LLC based on the time period from 3/31/18 – 3/31/19 (Source: Workingmother.com) 2018 Working Mother’s Top Wealth Advisor Moms: Awarded October 2018; Data compiled by SHOOK Research LLC based on the time period from 3/31/17 – 3/31/18 (Source: Workingmother.com). The Working Mother’s Top Wealth Advisor Moms rating algorithm based on industry experience, interviews, compliance records, assets under management, revenue and other criteria by SHOOK Research, LLC. Investment performance is not a criterion.