Expertise.com
2024

Last updated:

Best Financial Advisors in Mobile

Our Recommended Top 8

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls

Our goal is to connect people with the best local professionals. We scored Mobile Financial Advisors on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

51

Reviewed

33

Curated

8

Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider
SmartAdvisor by SmartAsset logo
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SmartAdvisor by SmartAsset

Mobile, AL
  • Estate Planning
  • Investment Management
  • Retirement Planning
  • Financial Planning

Why choose this provider?

SmartAsset's free, five-minute tool makes it easy to find qualified financial advisors in your area. The exclusive tool uses a quick survey to help SmartAsset's exclusive algorithm match you with up to three advisors based on your specific financial needs. Each advisor is a fiduciary, legally bound to work in your best interest, and rigorously vetted by SmartAsset. You can speak with each for free, sometimes within a matter of minutes, and choose whom you want to work with. Hundreds of thousands of smart investors and retirees have already used SmartAsset's simple, no-cost service to find the right financial advisors for them.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.0

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Price: Free Consultation

Mobile, AL

Why choose this provider?

Need help contacting a Financial Advisor in Mobile? Call our Concierge team at 848-Book-Pro (848-266-5776 from 6 am - 4 pm PT | Mon - Fri). They are standing by to help you get the service you need.

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Price: Free booking service | Call 848.Book.Pro!

Website
3615 Old Shell Road, Mobile, AL 36608
  • Certified Financial Planner (CFP)
  • Retirement Planning

Why choose this provider?

Sandifer Wealth Management provides a wide range of financial planning services for clients in the Mobile area. This independent fiduciary firm offers investment management, retirement planning, and tax efficiency services. It assists clients in managing various facets of their finances, including their investments, insurance, long-term care plans, estate plans, and wealth transfer plans. James E. Sandifer, president of the firm, has been in the financial services practice since 1982. The Sandifer Wealth Management team manages over $175 million of assets.

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
210 Saint Joseph Street, Mobile, AL 36602
  • Retirement Planning
  • Tax Preparation
  • Tax Planning

Why choose this provider?

Leavell is an investment advisory firm that has delivered investment solutions to Mobile individuals, families, and business owners since 1979. With over 200 years of combined experience, the firm only serves a limited number of clients to ensure that its team of financial advisors is available for discussions. The firm’s investment process involves building a portfolio that reflects the client’s financial picture. It also includes asset allocation, broad diversification, and tax-aware investing. Moreover, as of June 2021, Leavell has $2.1 billion assets under management.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0

Website
2566 Dauphin Street, Mobile, AL 36606
  • Estate Planning
  • Certified Financial Planner (CFP)
  • Retirement Planning
  • Insurance Products
  • Tax Preparation
  • Tax Planning

Why choose this provider?

Williams Financial Group is an independent financial firm located in Mobile. The firm provides planning options for retirement, family wealth, and tax reduction. Its investment oversight services offer clients a review of their present investment and savings, assisting clients in building portfolios that fit their requirements. Financial adviser Billy Williams established the firm in 2001. Williams operates with over 20 years of experience in the financial services industry and is a board member of the Mobile Estate Planning Council.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (7)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
5920 Grelot Road, Mobile, AL 36609
  • Certified Financial Planner (CFP)
  • Retirement Planning

Why choose this provider?

Care Financial assists Mobile individuals, families, and business owners in creating smart financial decisions. Founded in 1985, the firm builds a flexible financial plan that reflects the client’s financial goals. It also involves retirement planning, investment, and taxes. The firm, likewise, offers long-term care insurance, including Medicare and Medicaid. Cancer and disability insurance is also available. Moreover, clients can seek annuity services, including multi-year guaranteed and fixed indexed annuity. Care Financial's president, Horst Schapals, dedicates himself to helping people plan for their financial future.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (10)
Google
5.0 / 5 (3)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
153 West Interstate 65 Service Road North, Mobile, AL 36608
  • Estate Planning
  • Retirement Planning

Why choose this provider?

Peters Financial is an independent wealth management firm that has been serving clients throughout the Mobile area for more than four decades. The firm provides a wide range of services, including retirement planning, investment planning, college planning, estate planning, and insurance and risk management. It also assists clients with business retirement and insurance plans and offers life event financial counseling. Edwin L. Peters, principal of the firm, has been in the financial service industry since 1975.

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
413 Johnson Avenue, Fairhope, AL 36532
  • Estate Planning
  • Tax Planning

Why choose this provider?

Gulf Coast Financial Advisors provides fiduciary financial planning services for clients in Mobile and its neighboring areas. This independent and locally owned practice provides a wide range of services, including investment management, wealth management, business owner planning, and 401(k) retirement planning. It also focuses on risk management and assists its clients in protecting their hard-earned assets. Josh Null, founder of the firm, started the business in 2018. Null is the host of the Every Dollar Counts podcast and a frequent speaker at multiple conferences.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (13)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Frequently Asked Questions

  • Introduction

    There are many titles for financial professionals, so it's challenging to track what each one means. A financial advisor is probably the term you've heard most often. Financial advisor is a broad term for a professional who helps individuals or companies manage their finances, including investment choices. There are over 100 certifications that financial advisors can obtain.

    • Financial planners, wealth managers, and investment advisors are all financial advisors with different focus areas.
    • A financial planner helps an individual or a company make a plan to achieve long-term financial goals.
    • A wealth manager helps individuals maintain their wealth through various disciplines and services, such as taxes, estate planning, and investment advice.
    • An investment advisor offers investment advice and recommendations to individuals or organizations.
    There’s a misconception that you have to be extremely wealthy to use a financial advisor. In reality, they can be beneficial for people from any income level. Keep reading to find answers to the most commonly asked questions about financial advisors, so you know which type can fit your specific needs.

  • What types of clients can benefit from financial advising services in Mobile?

    Financial advising firms in Mobile assist clients across various sectors, including the thriving maritime industry, which significantly contributes to the local economy. Whether you are a shipyard owner or an individual retiree looking for investment opportunities, these firms have the expertise to offer personalized strategies tailored to your specific circumstances and objectives.

  • Are there tax implications for early withdrawal of retirement savings in Mobile?

    Withdrawing retirement savings early in Mobile can have tax implications. Early withdrawals are subject to income tax and may be subject to an additional 10% penalty. Employers may withhold a portion of the funds for taxes, but this may not cover the full tax liability. Individuals have 60 days to decide what to do with their retirement savings if they leave their job. Consulting a financial advisor is recommended to explore strategies to minimize taxes.

  • Which entities regulate financial advising services in Mobile?

    Financial advisors in Mobile are regulated by both state and private entities to ensure their qualifications. The Alabama Securities Commission oversees investment advisers and securities, enforcing the Alabama Securities Act. Investment advisers must pass the Series 65 examination with a score of 94 or higher. The Financial Industry Regulatory Authority regulates licensing and registration, providing education and training to advisors. These regulations aim to ensure knowledgeable advisors who can offer quality advice in the securities industry.

  • Are there organizations in or near Mobile that offer financial literacy workshops?

    Yes. Several organizations in or near Mobile offer financial literacy workshops. Alabama State University provides workshops to its students, while People United to Advance the Dream Mobile, Inc offers professional development classes. Junior Achievement of Alabama conducts the JA Financial Literacy course, usually offered once per semester. The frequency of financial literacy workshops may vary, so it is advisable to check with the organizations for up-to-date information on workshop schedules and availability.

  • What are the financial requirements for investment advisers in Mobile?

    As part of the registration process, investment advisers in Mobile are required to submit a balance sheet prepared by GAAP, dated no more than 90 days before the application. Additionally, advisers must maintain a minimum net capital of $10,000, or they can post a surety bond amounting to $50,000. These requirements ensure that investment advisers have the necessary financial resources to operate in compliance with state regulations.

  • Are financial advisors worth it?

    Whether or not a financial advisor is worth it depends on your personal situation. If your finances are fairly straightforward, then you may be better off handling it on your own. But if you have substantial assets or a complex investment portfolio, then hiring someone to handle it for you can be well worth the cost.