Best Fractional CFOs in Minneapolis

Minneapolis Area Fractional CFO Services

When most people think about Minneapolis–St. Paul, their minds jump to lakes, the Mall of America, or maybe even the Timberwolves’ latest season. But in business circles, the Twin Cities are increasingly recognized as one of the most resilient and innovative metro economies in the country. The Minneapolis–St. Paul–Bloomington area is home to Fortune 500 companies, thriving healthcare networks, a booming tech sector, and a strong entrepreneurial community. And behind many of these successes, you’ll often find a trusted guide: the Fractional CFO.

At Digital Reference, we’ve built a reputation for curating lists of leading consultants and advisors across industries. Our process is never random. We spend time researching, evaluating, and understanding how professionals actually create value for businesses. For this list of Fractional CFO consultants in Minneapolis, we assessed expertise, reputation, industry focus, and community impact. These are the leaders shaping 2025 and beyond.

If you’re new to the idea of working with a Fractional CFO, our guide on Finance Professionals: What Are They and What Do They Do?  is a great starting point. And if you’re in the Minneapolis region, these professionals should definitely be on your radar.

Our Methodology - Identifying Twin City Fractional CFOs

How do we choose who to feature? Simple: with rigor and care. We evaluate professionals on:

• Experience: years in finance, leadership roles, and certifications.
  
  
• Impact: proven results with clients — from fundraising to operational turnarounds.
  
  
• Approachability: the ability to partner with business owners and founders in a way that drives confidence.
  
  
• Local relevance: each consultant has strong ties to the Minneapolis–St. Paul business community.
  

This ensures the list is a curated set of professionals worth knowing, not just names pulled from a directory.

Below, we highlight a handful of standout fractionals who exemplify the creativity, discipline, and foresight that define Minneapolis’ business landscape. Some are solo practitioners, some operate firms, and some work under larger platforms. What unites them is their ability to help companies transform financial strategy into measurable results.

🌟 Meet Minneapolis’ Fractional CFOs Making things Happen

♦️ Kellie Bauer

Founder | Fractional CFO at FaithForward Finance

🔗 LinkedIn | Website

Kellie Bauer is the founder of Faith Forward Finance, a consultancy that blends traditional financial expertise with values-driven guidance. Her approach stands out in the Minneapolis area because she recognizes that finance isn’t just numbers — it’s about aligning financial decisions with a company’s deeper mission.

With a background spanning corporate finance and advisory roles, Kellie has carved out a unique niche: helping organizations integrate faith, purpose, and profit. She’s worked with nonprofits, small businesses, and mission-driven enterprises that often feel underserved by conventional advisory firms.

🌟 What makes Kellie unique:

• Emphasis on values-based financial planning.
  
• Deep expertise in cash flow optimization and financial forecasting.
  
• A track record of supporting nonprofits and faith-based organizations through growth and transitions.
  
• Clear communication style that demystifies finance for leaders who may not have a financial background.

In a city like Minneapolis, where community values and business innovation often intersect, Kellie’s work represents a model of how finance can empower organizations without sacrificing principles.

♦️ Paul Kloster 

Fractional CFO and Controller at PEK Accounting | Consulting

🔗 LinkedIn

Paul Kloster is a seasoned CFO consultant whose reputation in Minneapolis stems from decades of experience. Having held leadership roles across various industries, Paul brings a steady hand to companies facing moments of transition — whether that’s scaling up operations, navigating M&A, or preparing for succession planning.

What clients value most about Paul is his ability to balance big-picture strategic vision with on-the-ground execution. He’s known for building financial systems that grow with the company, rather than forcing businesses into cookie-cutter models.

🌟 Signature strengths:

• Expertise in financial restructuring and turnarounds.
  
• Helping family-owned and closely held businesses manage generational transitions.
  
• Guiding growth-stage companies through complex challenges like funding rounds or international expansion.
  
• Strong reputation for mentorship and leadership within the Twin Cities’ financial community.
  

Paul’s approach is deeply relational — he’s not just a consultant who drops in with a spreadsheet. He embeds himself in the organization, helping leaders feel supported and confident in their financial decisions.

♦️ Melanie Porter 

Fractional CFO, Owner at MP Financial Solutions

🔗 LinkedIn

Melanie Porter, MBA, CEPA, stands out as one of the Twin Cities’ most versatile CFO advisors. Her credential as a Certified Exit Planning Advisor (CEPA) sets her apart, giving her unique expertise in helping business owners prepare for one of the most critical events of their careers: transitioning out of ownership.

In addition to exit planning, Melanie has extensive experience in financial strategy for growth companies. She’s worked with businesses across industries, from healthcare to technology, helping them build sustainable operations while preparing for long-term success.

🌟 Highlights of Melanie’s expertise:

• Exit strategy and succession planning, ensuring owners maximize value and legacy.
• Supporting growth-stage companies with financial modeling and cash flow management.
  
• Bringing a holistic advisory approach, considering both business and personal wealth impacts.
  
• Strong advocate for women in leadership and entrepreneurship in Minneapolis.
  

Melanie’s dual focus on growth and transition makes her a valuable ally for any business owner in Minneapolis preparing for the next chapter.

♦️ Ted McArthur 

Interim Chief Financial Officer | Fractional CFO

🔗 LinkedIn

Ted McArthur has spent much of his career in corporate finance leadership, giving him a robust foundation in managing large-scale budgets, compliance, and strategic planning. Now operating as a Fractional CFO, he brings that expertise to smaller and mid-sized companies across Minneapolis.

Clients often describe Ted as pragmatic and detail-oriented. He’s the type of advisor who can unpack complex financial challenges and design step-by-step strategies that make sense for the business.

🌟 Ted’s areas of impact:

• Building scalable financial systems for growing businesses.
  
• Ensuring compliance and risk management are in place for long-term stability.
  
• Acting as a bridge between executives and investors, translating financial data into actionable insights.
  
• Supporting companies in manufacturing, healthcare, and services.
  

For companies used to “winging it” with their finances, Ted provides structure and discipline — a hallmark of his corporate background.

♦️ Jason Maidment

Fractional CFO at JAM Services, LLC 

🔗 LinkedIn | Website

Jason Maidment, MBA, is known in Minneapolis’ entrepreneurial circles for his sharp, forward-looking approach to finance. With an MBA and extensive experience advising startups and growth-stage companies, Jason helps founders bridge the gap between vision and execution.

What sets Jason apart is his ability to adapt — he’s equally comfortable talking with venture capitalists about funding strategies as he is with founders about managing cash burn and scaling operations.

🌟 Jason’s specialties include:

• Startup fundraising strategy, including pitch preparation and financial modeling.
  
• Designing operational systems that allow companies to scale efficiently.
  
• Coaching founders on the financial leadership skills they need for success.
  
• Building strong connections between the finance and innovation communities in the Twin Cities.
  

Jason embodies the entrepreneurial spirit that defines Minneapolis’ startup scene, making him a go-to resource for founders aiming high in 2025.

Wrapping Up: Why Fractional CFOs and Digital Reference Matter in Minneapolis

The Minneapolis–St. Paul–Bloomington area is one of the Midwest’s most dynamic economic hubs. From healthcare giants to family-owned businesses, startups to nonprofits, the need for financial clarity and leadership has never been greater. The consultants featured here — Kellie Bauer, Paul Kloster, Melanie Porter, Ted McArthur, and Jason Maidment — represent the breadth of talent available in the Twin Cities.

Each brings something unique: purpose-driven finance, deep operational expertise, exit strategy planning, corporate discipline, and startup agility. Together, they reflect the diverse needs of the Minneapolis business community.

If you’re considering working with a Fractional CFO, you might also find our resources on:

▶️  Find Fractional CFOs Near You

▶️ Finance Executives & What They Do 

▶️   Fractional CFO Agencies in the USA

‍At Digital Reference, our mission is simple: connect businesses with the right experts to drive growth and transformation. By spotlighting professionals like these, we’re helping leaders across Minneapolis and beyond find the financial partners they need for success.