Expertise.com

2024

Last updated:

Best Financial Advisors in Berkeley

Our Recommended Top 16

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 Berkeley Financial Advisors on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

39Reviewed

29Curated

16Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider
SmartAdvisor by SmartAsset logo

SmartAdvisor by SmartAssetExpertise.com

Berkeley, CA
Free Consultation

Expertise.com Rating

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.

  • Estate Planning
  • Retirement Planning
  • Financial Planning
  • Investment Management

Berkeley, CA

Expertise.com Rating

Why choose this provider?

Need help contacting a Financial Advisor in Berkeley? 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.

535 Mission Street, 14th Floor, San Francisco, CA 94105

Expertise.com Rating

Review Sources

Google
4.7 (13)

Why choose this provider?

Citrine Capital is a San Francisco-based wealth management firm that serves clients throughout Berkeley and the neighboring areas. The company assists high-net-worth clients, including entrepreneurs, business owners, and tech professionals, in managing their finances and investments. It also helps clients in prioritizing their goals, mitigating taxes, and planning for their retirement. Its team conducts financial planning meetings through videoconferencing, enabling the company to serve clients across the globe. Additionally, the team utilizes a secure online client portal for efficient file sharing.

  • Financial Planning
  • Wealth Management

539 Broadway Suite A, Sonoma, CA 95476

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Review Sources

Facebook
5.0 (19)
Google
5.0 (1)

Why choose this provider?

Sonoma Wealth Advisors helps families and individuals achieve financial security. Serving the Berkeley metro and nearby areas, the company provides comprehensive wealth management solutions, including education funding and retirement planning. Its financial advisors also offer charitable giving and investment management services. In addition, they serve clients who want to acquire insurance policies. Sonoma Wealth Advisors maintains an affiliation with the FINRA. Its co-founder and managing principal, Daren Blonski, holds CFP, CRPS, CRPC, and AAMS designations.

  • Certified Financial Planner (CFP)

2936 Domingo Avenue, Suite 1, Berkeley, CA 94705

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Review Sources

Yelp
5.0 (3)
Facebook
5.0 (1)

Why choose this provider?

Prime Wealth Management provides financial solutions to individuals and families in Berkeley and the neighboring metros. Its professionals offer assistance with investment management, financial planning, and business retirement plans. The company strives to give guidance to clients throughout each aspect of their financial life. Its president, Rick Prime, is a Certified Financial Planner and has over a decade of industry experience. Prime is committed to helping families make informed decisions regarding their financial goals by paying attention to their concerns.

  • Certified Financial Planner (CFP)
  • Investment Management
  • Financial Planning

1400 Shattuck Ave., Ste 5, Berkeley, CA 94710

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Review Sources

Google
5.0 (1)

Why choose this provider?

D. A. Flowers & Company, LLC offers financial advising services to individuals in Berkeley. It has financial planning services that address different areas, including personal financial situations, investments, risk management, tax strategies, and retirement planning. It supports customers in determining their goals and developing strategies to achieve those goals. It follows three principles in investment management, including diversifications, minimizing costs, and minimizing taxes. Its founder, David A. Flowers, is a CFP who has been in the financial industry for over 20 years.

  • Certified Financial Planner (CFP)

30 Liberty Ship Way Third Floor, Sausalito, CA 94965

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Review Sources

Google
4.7 (3)
Yelp
3.7 (3)

Why choose this provider?

Main Street Research provides custom wealth and retirement planning solutions to individuals and families in Berkeley. The firm offers risk and asset management services, as well as estate, trust, and tax guidance. It also serves institutions, such as foundations, nonprofits, and endowments, helping them achieve their investment goals. Its team of professionals manages over $1.5 billion in assets. The firm was established in 1993 by James E. Demmert, a member of Forbes Finance Council, The CFA Institute, and the Financial Planning Association.

  • Retirement Planning

5438 Shafter Avenue, Oakland, CA 94618

Expertise.com Rating

Review Sources

Yelp
5.0 (2)

Why choose this provider?

Balance Financial Planning offers risk management solutions in the Berkeley metro and nearby areas. Catering to families and individuals, the company provides a wide range of financial planning services, which cover debt management, employee benefits, and education funding. It also handles matters involving real estate investments and tax planning. Balance Financial Planning determines clients' risk tolerance to help them achieve their financial goals. Its founder, Cheryl Vesely, is a CFP who is a member of the NAPFA and the FPA.

  • Certified Financial Planner (CFP)

2150 Shattuck Avenue, Suite 700, Berkeley, CA 94704
Website

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Review Sources

Yelp
5.0 (18)
Google
5.0 (1)

Why choose this provider?

Since 2001, Mindful Money has been providing a wide range of financial services to individuals, families, employers, and educational institutions in Berkeley and neighboring areas. Its financial advisors help clients in developing customized financial plans, designing portfolios backed by research, designing retirement plans, and providing financial education to employees. The firm has been featured in The Business Times, The New York Times, and The Wall Street Journal. Founder Jonathan K. DeYoe has AIF and CPWA designations.

  • Financial Planning
  • Wealth Management

6333 Potrero Avenue, Suite 200, El Cerrito, CA 94530

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Why choose this provider?

Heritage Capital Private Asset Management offers financial guidance to clients in Berkeley. The firm offers customers a personalized approach to financial planning, creating long-term solutions that include cash flow assessment, risk management, estate transfers, and education funding. Clients who donate regularly can work with the company's advisors to create an efficient giving strategy. Tax planning, retirement planning, and investment management services are also offered. Heritage Capital Private Asset Management has been advising clients with their finances since 1991. President and Chief Investment Officer Kelly F. Crane has received his CFP, CLU, MBA and CFA designations.

  • Retirement Planning
  • Financial Planning

1820 Solano Avenue, Berkeley, CA 94707

Expertise.com Rating

Review Sources

Google
5.0 (1)

Why choose this provider?

Since 2005, North Berkeley Wealth Management has been helping clients throughout the Berkeley area. It drafts a comprehensive financial plan that incorporates the client's retirement, insurance, and tax goals. The company also constructs investment portfolios and regularly reviews asset performance. It uses the impact investing approach, which seeks to allocate capital to sustainable enterprises. Kate King, the company's chief investment officer, is the former president of the financial brokerage firm Protected Investors of America. She is a member of the San Francisco Financial Planning Association.

  • Certified Financial Planner (CFP)

1569 Solano Ave. #538, Berkeley, CA 94708

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Review Sources

Google
5.0 (4)

Why choose this provider?

Since its inception in 2004, DABK Financial Planning Services has been helping clients in Berkeley achieve their financial goals. It handles fund selection, investment portfolio review, risk analysis and insurance coverage review, tax planning, and retirement funding adequacy analysis. It also provides a holistic approach to financial planning by emphasizing the integration of not just the clients' goals, but also their values. The firm's financial advisor is a Certified Financial Planner and a member of the National Association of Personal Financial Advisors.

  • Finance Planning

516 El Cerrito Plaza, El Cerrito, CA 94530

Expertise.com Rating

Review Sources

Google
5.0 (2)
Yelp
5.0 (1)

Why choose this provider?

HarborLight Investments is an independent firm that assists individuals and families in Berkeley with wealth management services. It offers full-service financial planning and personalized investment management, and each client is partnered with their own wealth manager. It helps with budgeting, cash flow, and asset planning strategies. The firm handles different areas of personal finance, including retirement planning, estate planning, college funding, and charitable giving. HarborLight Investments has a team of Certified Financial Planner professionals. It is in partnership with TD Ameritrade.

  • Certified Financial Planner (CFP)

5940 College Ave, Oakland, CA 94618

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Why choose this provider?

Modern Financial Planning provides services to clients in Berkeley and the surrounding areas. It focuses on assisting individuals in reaching their financial goals and needs by offering various financial planning and advising services. These services include retirement projections, stock options planning, independent financial analysis, and life event consulting. It helps clients in creating estate plans, managing their debts, and establishing employee benefits. The company's founder, Mike Troxell, is an investment advisor with a background in tax and wealth management.

2001 Addison St Suite 300, Berkeley, CA 94704

Expertise.com Rating

Review Sources

Google
5.0 (23)

Why choose this provider?

Monroe Wealth Management is a financial planning firm serving the Berkeley community. It assists individuals and families with various aspects of debt management, retirement planning, investment management, estate planning, and cash flow management. Its team of financial advisors works with clients to analyze the impact of certain life transitions and financial situations, such as marriage, sale of their businesses, or new vacation homes, on their lifestyles. The firm's founder, Glen Monroe, is a Certified Financial Planner who utilizes his investment skills in guiding clients in developing comprehensive plans.

  • Estate Planning
  • Retirement Planning
  • Investment Management

2040 Bancroft Way, Suite 201, Berkeley, CA 94704

Expertise.com Rating

Review Sources

Google
5.0 (1)

Why choose this provider?

Willow Grove Advisors is an independent boutique wealth management firm that aims to help families and entrepreneurs be financially secure and independent through its broad range of financial services and investment strategies. The company's wealth advisors conduct a thorough analysis of a client's financial status to be able to develop personalized roadmaps that include investment management, tax planning, insurance review, estate planning, and asset allocation. Keley R. Petersen, president of Willow Grove Advisors, has over 29 years of global experience in the financial services industry.

  • Financial Planning
  • Wealth Management
  • Investment Advisor

FAQs

  • 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.

  • How can financial advisors help you manage your portfolio in Berkeley?

    Financial advisors can help you manage your portfolio in Berkeley by proactively monitoring your risk level to limit taxes and reduce fees if possible. They also review your investment holdings and activities and determine whether your current risk level is appropriate for your financial plan. Additionally, they can help you transfer investment portfolios and develop investment policy statements.

  • When do you need a trust in Berkeley?

    You need a trust in Berkeley if your total estate is above the estate tax exemption limits, you own real property in multiple states, and your beneficiaries are not ready to receive a lump sum inheritance. You should also have a trust if you have a beneficiary with special needs and want to provide asset protection for your surviving spouse.

  • What types of financial planning are available in Berkeley?

    In Berkeley, you can choose between project-based financial planning and subscription-based financial planning. In project-based financial planning, your working relationship with your financial advisor ends once the project is complete. Your advisor will just review your plan and determine your objectives to help you achieve your financial goals. In subscription-based financial planning, you can receive ongoing services to help you organize your financial situation.

  • How can you make an impact through ESG investing in Berkeley?

    You can make an impact through ESG investing in Berkeley by using less liquid investments and working with companies that provide positive social impact in community development and diversity. You should also collaborate with companies with good environmental impact performance records and invest in sectors that have good renewable energy contributions.

  • Who are eligible for the Simplified Employee Pension IRA plan in Berkeley?

    Sole proprietors, LLCs, corporations, and nonprofit organizations can obtain Simplified Employee Pension IRA plans in Berkeley. Employers can set up SEP IRA plans if they are expected to earn at least $650 in 2022 and $750 in 2023. Their employees are also eligible if they have worked with the company for at least three years.

  • 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.