Expertise.com

Best Financial Advisors in Fayetteville

Laurels
Laurels

We did the research for you!

Learn more
  • checkboxLicensing
  • checkboxUser Reviews
  • checkboxMystery Shopping Calls

Financial Advisors FAQs

Learn more
SmartAdvisor by SmartAsset logo
FEATURED
Free consultation

SmartAdvisor by SmartAsset

Fayetteville, AR
  • Estate Planning
  • Investment Management
  • Financial Planning
  • Retirement Planning

Business Description

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
Yelp
4.0 / 5 (4)

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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––

Price: Free consultation

Cabana logo
Visit WebsiteWebsite

Cabana

220 S. School Ave., Fayetteville, AR 72701
Visit WebsiteWebsite
  • Retirement Planning
  • Financial Planning

Business Description

Cabana is a group of financial professionals serving clients in Fayetteville. Its service starts with a portfolio analysis to ensure alignment with a client's risk number. From there, the team creates and monitors budgets, determines the right amount of insurances, and formulates a retirement map. Cabana was established in 2007 through the efforts of Chadd Mason and Louis Shaff. In 2018, the firm was recognized by the Financial Advisor Magazine as the number one fastest-growing registered investment adviser in the U.S.

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 (1)

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
Greenwood Gearhart logo
Visit WebsiteWebsite

Greenwood Gearhart

26 East Center Street, Fayetteville, AR 72701
Visit WebsiteWebsite
  • Retirement Planning
  • Finance Planning
  • Wealth Management

Business Description

Greenwood Gearhart is a fiduciary investment advisory firm that serves individuals and business owners in Fayetteville and the surrounding communities. Composed of a team of Certified Financial Planners and Chartered Financial Analysts, the firm provides a comprehensive range of wealth management services that encompass life insurance needs, corporate benefits, estate plans, portfolio management, and retirement plans. They currently manage approximately $750 million worth of assets. Its other available services are accounting services and financial concierge.

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 (2)

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
Lighthouse Financial logo
Visit WebsiteWebsite

Lighthouse Financial

3614 West Southern Hills Blvd. Suite 102, Rogers, AR 72758
Visit WebsiteWebsite
  • Certified Financial Planner (CFP)
  • Retirement Planning
  • Insurance Products

Business Description

Lighthouse Financial assists clients in Fayetteville. Its wealth management service helps individuals and families meet their short-term and long-term financial goals. It involves planning out a budget and preparing for retirement with an income that can sustain needs throughout a client's golden years. The firm also handles estate planning, insurance, and setting up investment portfolios that suit a person's risk tolerance. Founder Lance Belline is a Certified Financial Planner with more than 20 years of industry experience.

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.
4.7
Google
4.7 / 5 (43)

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
Northwestern Mutual logo
Visit WebsiteWebsite

Northwestern Mutual

234 E Millsap Rd Ste 100, Fayetteville, AR 72703
Visit WebsiteWebsite
  • Certified Financial Planner (CFP)
  • Retirement Planning

Business Description

Northwestern Mutual is a financial planning firm with an office in Fayetteville that serves residents and businesses. Its staff assists clients in making personalized financial plans that account for factors like insurance, family education, retirement, and long-term care. The company also offers advisory services centered around investment strategies and small businesses. The company has an online toolset that allows clients to access their financial accounts and goal trackers. The National Association of Insurance and Financial Advisors awarded managing director Blake Kelley the Quality Award.

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.
4.9
Facebook
4.2 / 5 (901)
Google
4.3 / 5 (6)
Yelp
1.0 / 5 (1)

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
Paradigm Advisors, LLC logo
Visit WebsiteWebsite

Paradigm Advisors, LLC

310 West Dickson, Suite 220, Fayetteville, AR 72701
Visit WebsiteWebsite
  • Certified Financial Planner (CFP)
  • Investment Management
  • Financial Planning

Business Description

Paradigm Advisors, LLC, offers investment management and financial planning services in Fayetteville. The company's clientele includes dual-career household family members aged 30 to 40 who are earning at least $250,000. The firm offers financial advice to parents with school-age children in preparing for their college education, while planning for their own retirement. Its advisors also accommodate established executive officers or directors in understanding employer benefits options. Team member Michelle Underwood Gass holds certifications as CFP, CPA, and RLP.

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
Prime Capital Investment Advisors logo
Visit WebsiteWebsite

Prime Capital Investment Advisors

6325 Ranch Dr, Little Rock, AR 72223
Visit WebsiteWebsite
  • Certified Financial Planner (CFP)
  • Retirement Planning
  • Financial Planning
  • Wealth Management

Business Description

Prime Capital Investment Advisors helps determine financial goals and investment opportunities in Fayetteville. It provides consultancy for insurance services, financial planning and safety, and estate and tax discussions. The company also assists participants in choosing retirement plans through third-party vendors, investment firms, and technology providers and offering companies and its employees' financial wellness solutions via data analytics, employee education, and financial coaching. Prime Capital Investment Advisors has practiced a client-centered goal since 1985.

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
4.9 / 5 (74)
Google
5.0 / 5 (17)

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
PRZ CPAs & Advisors logo
Visit WebsiteWebsite

PRZ CPAs & Advisors

2594 E. Joyce Blvd., Suite 1, Fayetteville, AR 72703
Visit WebsiteWebsite
  • Tax Planning
  • Tax Preparation

Business Description

PRZ CPAs & Advisors is a certified public accounting firm that has been operating in Fayetteville since 1991. It advises and assists individuals and businesses with regard to tax, auditing and attestation, and bookkeeping and payroll. In addition to helping nonprofit organizations and construction contractors, its team of professionals works with new businesses in analyzing data and developing personalized strategies to get started. The firm also reviews and compiles financial statements. It handles payroll operations, tax returns, and virtual CFO services.

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.
4.1
Google
4.1 / 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
Race A. Hobson logo
Visit WebsiteWebsite

Race A. Hobson

234 E Millsap Rd Ste 100, Fayetteville, AR 72703
Visit WebsiteWebsite
  • Certified Financial Planner (CFP)

Business Description

Race A. Hobson, CFP®, ChFC®, is a financial advisor serving the Fayetteville area. Race specializes in working with business professionals in Northwest Arkansas, business owners, and medical professionals. He works with clients to help them articulate their vision of success, assess their current progress, and navigate their financial lives moving forward. To help clients attain financial stability, Race and his team provide retirement distribution planning, legacy planning, estate planning, investment portfolio management, life insurance planning and disability insurance planning.

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
Stephens logo
Visit WebsiteWebsite

Stephens

3425 North Futrall Drive Suite 201, Fayetteville, AR 72703
Visit WebsiteWebsite
  • CFA Charterholder

Business Description

Stephens is a financial services company that assists individuals and businesses in Fayetteville. The independent advisory firm creates financial plans and strategies, with an aim to help clients preserve, grow, and transfer assets. Its team of financial advisors also offers advice on life, disability, and property insurance. In addition, they conduct risk management assessments for companies. Stephens is headed by Warren A. Stephens, who has been the company's president since 1986 and chairman since 2005. He is also the Arkansas Arts Center Foundation Board's chair.

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.
4.7
Facebook
4.7 / 5 (39)

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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
The Point Financial Group logo
Visit WebsiteWebsite

The Point Financial Group

6576 Lynch's Prairie Cove Suite A, Springdale, AR 72762
Visit WebsiteWebsite
  • Estate Planning
  • Certified Financial Planner (CFP)
  • Retirement Planning
  • Investment Management
  • Financial Planning

Business Description

The Point Financial Group is an advisory firm that serves Fayetteville clients. It aims to help them achieve their financial goals by providing wealth management services such as cash flow analysis, retirement accumulation, insurance planning, and estate and legacy planning. The firm also handles investment management, including cash and banking solutions and fixed-income securities. The Point Financial Group was established in 2001 by Jim Blount, a Certified Financial Planner. He serves as vice president of the Foundation Board of Directors of the Circle of Life Hospice.

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
Google
4.0 / 5 (2)

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
Wealthpath Investment Advisors logo
Visit WebsiteWebsite

Wealthpath Investment Advisors

5305 Village Parkway, #5, Rogers, AR 72758
Visit WebsiteWebsite
  • Retirement Planning

Business Description

Wealthpath Investment Advisors is a company that helps people throughout Fayetteville metro with financial risk management. Among its services are retirement plan design and advisory, tax-efficient and risk-based portfolio analysis, private wealth planning, and proprietary third-party asset management solutions. Founded in 2011, the company has since utilized the resources of Pensionmark, a fiduciary retirement plan network with billions in advised assets. Its professional advisors collaborate to assist clients by incorporating the latest technology, research, and tools into their practice while staying current on market conditions.

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 (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
Back to Providers

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.

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.

What does a financial advisor do?

Financial advisors can have many types of specialties. Generally, a financial advisor advises on or helps to execute a financial plan. Some examples include assisting people with getting out of debt, building out an investment portfolio, and handling taxes.

How much money do I need to work with a financial advisor?

There’s no specific income level you need in order to work with a financial advisor, but there may be a minimum investment amount for certain types of services. Some financial advisors won’t manage your money unless you have $100,000 or more to invest, but this isn’t the case with financial coaches or robo-advisors.

What does a financial coach do?

Financial coaches focus on improving your financial literacy and money management skills. For example, they can help you figure out how to pay down your student loans or decide how much money to put away for retirement. They usually charge by the hour and don’t offer asset management services or investment advice.

When should I use a financial advisor vs. doing it myself?

Smart money management can give you freedom and comfort. Being responsible with your money makes it possible to meet goals and pay for major expenses. A financial advisor is trained and can offer you expertise that would otherwise take years to learn. They know how to save you money and make it go further.

How do I know if my financial advisor is trustworthy?

Because financial advisors aren’t licensed or regulated, it’s up to the client to make that determination for themselves. However, if your advisor is a fiduciary, that means they’re legally bound to act in your best interest. Some types of advisors, including Certified Financial Professionals (CFPs), are held to fiduciary standards.

What\'s the difference between a financial advisor and a financial planner?

The term financial advisor is a broad phrase that encapsulates many specialties, including financial planner. It's similar to how doctor applies to different physicians, while a cardiologist is a specialty doctor. A financial planner helps their client plan to achieve long-term financial goals, such as saving for a house or retirement.

Are financial advisor fees tax deductible?

Until 2018, financial advisor fees were tax deductible as a miscellaneous expense. However, the Tax Cuts and Jobs Act elimited that deduction until at least 2025.

What is a financial consultant?

A financial consultant and a financial advisor are essentially the same. In recent years, financial consultant has become a less popular term, with financial advisor being much more common. Sometimes, the financial professional may opt for the term consultant when offering services to a business rather than an individual.

What is a robo-advisor?

A robo-advisor is essentially an algorithm that manages your investment portfolio for you. Because their services are automated, you’ll pay less than you would for a human advisor — often between 0.25% and 0.50%. They don’t require large initial investments either, making them a popular choice for entry-level investors. However, you won’t get the same level of advice that you would get from a personal financial advisor.

What makes someone a fiduciary?

Fiduciary is a legal term for a person who has a legal or ethical responsibility to act in your best interests. For example, a trustee and a beneficiary. A financial advisor may have a fiduciary obligation to make financial choices that are best for you, even if it means they earn less in commissions or fees.

How often should I meet with my financial advisor?

After your initial meeting, you may only need to check in with your financial advisor on a quarterly or annual basis. Ask them in advance how often you can expect to hear from them, and whether they offer in-person, phone, or virtual meetings.

Should your financial advisor be a fiduciary?

It’s important to understand that only some — not all — financial advisors have a fiduciary obligation to their clients. Always ask your financial advisor if they’re bound by fiduciary duty. If not, it’s possible that they’ll push products or services that earn them the highest commission, not necessarily what’s best for you. Opt for a financial advisor bound by fiduciary duty whenever possible.

Can my financial planner help with taxes?

Financial advisors aren’t necessarily accountants or tax preparers, so don’t expect them to prepare your taxes for you. However, they may be able to provide tax-related advice to help you optimize your returns and deductions. If you need an advisor who can file your taxes, look for one who is also a CPA (Certified Public Accountant).

Do I need a financial advisor?

Ask yourself if a financial advisor can fill a need or solve a problem you can’t easily handle on your own. They can be helpful in a wide variety of ways, such as building budgets or financial plans, finding ways to save money on taxes, creating an investment portfolio, or offering investment advice.

How do financial advisors get paid?

Clients pay to work with a financial advisor whether it’s through fees, commissions, or salaries. If they’re paid by client fees or commissions, their salary is tied to how much business they bring in. The harder they work, the more they make. In comparison, a salaried employee is guaranteed their wage no matter how many clients they have.

What experience should I look for in a financial advisor?

 If you have specific goals or a unique financial situation, look for a financial advisor with expertise in that area. For example, some financial advisors specialize in working with millennials or focus on socially responsible investing.

How much does a financial advisor cost?

A financial advisor’s costs depend on their fee structure. Some advisors charge a fee — either hourly or a percentage of the client assets under management. Another common option is to charge a commission on the products sold or investments made.

Should I hire a financial advisor before buying a house?

While not always necessary, a financial advisor could help you decide how large of a mortgage to apply for, how much money to put down, and how to balance the purchase with other savings and investment goals.

How many financial advisors are there in the U.S.?

According to the U.S. Bureau of Labor Statistics, it’s estimated that there are 218,050 financial advisors. California is the state with the highest employment of financial advisors across the nation.

Do banks offer financial advisors?

Yes, many banks have financial advisors on staff. Your bank may also offer incentives to work with their financial advisors, such as lower fees or free accounts. However, it's important to note that many of the bank's financial advisors don't have a fiduciary obligation and might prioritize the bank's products above all else. There is a cost when working with your bank's financial advisor.

Should I hire a wealth manager?

A wealth manager can help offer complex financial planning services, including tax guidance, estate planning, and legal assistance. While you don't have to be a high-income earner to benefit from a financial advisor, a wealth manager is typically for those that have a high net worth. However, many people build wealth and need a wealth manager later on in life.

Is wealth management worth it?

Wealth management is typically worth it for those who need help with multiple endeavors or comprehensive financial situations, such as charitable contributions or investment portfolio management, or want to protect their assets. A wealth manager can also offer you guidance if you’ve been neglecting your finances or making poor judgements.

How can you tell if a financial advisor is bad?

Your relationship with your financial advisor is a very personal one, as you’re trusting them with your wealth and future. Some general signs that your financial advisor is bad include:

  • They can’t answer your financial questions
  • You have worked with them for a while but haven’t seen a financial improvement
  • They don’t provide you with progress reports
  • They don’t check in with you

What do you need to be a financial advisor?

As mentioned, there are over 100 types of certifications for financial advisors. The training or experience you need will depend on which specialty you want to pursue. Generally, financial advisors need to have:

  • A Bachelor’s degree
  • A General Securities Representative license (Series 7 license)
  • A Certified Financial Planner (CFP) certification isn’t mandatory but is often preferred

Where do financial advisors work?

Where a financial advisor works will depend on what type of financial advisor they are. Financial advisors can work at a variety of places, including:

  • Securities and commodity brokers
  • A bank
  • A credit union
  • Independently
  • Insurance companies
  • Financial investment firms
  • Small investment advisory firms

How much do financial advisors make?

In 2019, the national average salary for a financial advisor was $87,850. However, it’s important to note the average salary varies from state to state and the different focus areas — an investment advisor may make a lot more than a financial planner. Lastly, salary can depend on how the individual is getting paid. Financial advisors can be paid by client fees, commissions, or salaries.

Read all FAQs