Expertise.com
2024

Last updated:

Best Financial Advisors in El Monte

Our Recommended Top 4

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

30

Reviewed

19

Curated

4

Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider
SmartAdvisor by SmartAsset logo
FEATUREDExpertise.com

SmartAdvisor by SmartAsset

El Monte, CA
  • Estate Planning
  • Financial Planning
  • Investment Management
  • Retirement 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
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Price: Free Consultation

El Monte, CA

Why choose this provider?

Need help contacting a Financial Advisor in El Monte? 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
El Monte, CA
  • Tax Preparation
  • Tax Planning

Why choose this provider?

Angel Zhen, CPA, is a Los Angeles-based financial advisor who serves El Monte clients. He offers tax preparation and planning solutions for individuals and business owners and uses software tools like QuickBooks and Xero. Zhen helps clients resolve tax-related issues with the IRS. He also provides bookkeeping services, including general ledger maintenance and cash flow analysis. Zhen is a certified public accountant with over nine years of industry experience. He has dealt with various clients, including attorneys, Realtors, e-commerce managers, and dentists.

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
Yelp
5.0 / 5 (37)

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
225 S Lake Ave Ste 300, Pasadena, CA 91101
  • Certified Financial Planner (CFP)
  • Retirement Planning

Why choose this provider?

Derive Wealth is a firm that provides financial advice to individuals, investors, and small business owners in the El Monte metro. It works closely with them in crafting their financial plans, which cover tax analysis, cash flow analysis, and risk management planning. Focused on achieving every client's financial goals, Derive Wealth creates five-year tax projection which analyzes their current and future tax liabilities. Owner Ryan Miyamoto is a Certified Financial Planner. He also holds memberships to NAPFA and the Financial Planning Association.

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
Yelp
5.0 / 5 (11)
Google
5.0 / 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.
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.

  • Are there organizations that offer financial empowerment to the residents of El Monte?

    The Los Angeles County Department of Consumer and Business Affairs provides free fraud investigation, small claims, and financial education services. It can be reached by phone at 800-593-8222 or by email at info@dcba.lacounty.gov. Its local office is at 1441 Santa Anita South El Monte, CA 91731, and its phone numbers are 626-575-5426 and 626-575-5425.

  • What is the importance of diversifying investments for an investor in El Monte?

    Risks can be reduced for an El Monte investor by spreading their money around. A well-thought-out portfolio strategy, which includes diversification, can help you make the most money while taking the least amount of risk. A well-diversified portfolio takes into account the client's investment objectives and risk tolerance to help ensure consistent gains and lower overall volatility.

  • How can you distinguish a financial advisor in El Monte from other types of financial professionals in the metro?

    In El Monte, financial advisors provide guidance and advice. They are not the same as a tax accountant who simply crunches numbers without providing tax advice or a stockbroker who only places trades. A genuine financial advisor has relevant credentials and education that set them apart from other financial professionals who may simply be salespeople, such as an insurance agent.

  • Is there a way of knowing if a financial advisor or firm in El Monte is a fiduciary or not?

    Yes, to find a financial advisory provider in El Monte, go online and use the search tools of government agencies and organizations that regulate fiduciaries. The National Association of Personal Financial Advisors maintains a database of fiduciary professionals. The Securities and Exchange Commission maintains an advisor database. The Financial Industry Regulatory Authority also has a BrokerCheck search tool. For further information, call the California Department of Financial Protection and Innovation at (866) 275-2677.

  • Why should an El Monte resident include long-term care in their financial plans?

    Long-term care in El Monte and across the country is expensive and can deplete a person's retirement savings if precautions are not taken. Long-term care is estimated to cost $100,000 per year and is typically not covered by Medicare. While Medicaid may cover it, there is a qualification process that may have an impact on assets and put them at risk if not properly planned for in advance.

  • 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.