Expertise.com
2024

Last updated:

Best Financial Advisors in Elk Grove

Our Recommended Top 6

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

44

Reviewed

28

Curated

6

Top Picks

Learn about our selection process.

Providers

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

SmartAdvisor by SmartAsset

Elk Grove, CA
  • Estate Planning
  • Financial Planning
  • Retirement Planning
  • Investment Management

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

Elk Grove, CA

Why choose this provider?

Need help contacting a Financial Advisor in Elk Grove? 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
3626 Fair Oaks Boulevard, Sacramento, CA 95864
  • Estate Planning
  • Retirement Planning
  • Insurance Products
  • Tax Planning

Why choose this provider?

Fulfilled Finances is a financial planning firm that serves clients in Elk Grove and nearby locations. Its founder, Pamela Rodriguez, has been in the financial services industry for about a decade. She offers various financial planning services, such as wealth management, ongoing financial planning, and one-time financial plan delivery. Her financial planning process involves a four-step onboarding process that involves introduction, discovery meeting, plan delivery, and implementation review. Rodriguez and her team of financial planners are featured in Yahoo Finance, SmartVestor, Fox News, and CNBC.

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 (12)
Yelp
5.0 / 5 (8)

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
8841 Williamson Drive, Elk Grove, CA 95624
  • Tax Preparation
  • Tax Planning

Why choose this provider?

Sydney H. Highley is a business consulting and tax accounting firm serving clients in Elk Grove and the surrounding areas. It provides a wide range of services for individuals and businesses that include small business accounting, QuickBooks setup and training, payroll administration, and financial statement compilation. The firm also offers financial planning services that entail investment strategies. Additional services, such as tax preparation and innocent spouse relief, are also covered. Additionally, it is committed to improving its technical expertise and financial knowledge through continuing education.

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
4.8 / 5 (34)
Yelp
4.5 / 5 (14)

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.
3.3
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
9245 Laguna Springs Drive, Elk Grove, CA 95758
  • Estate Planning
  • Tax Planning

Why choose this provider?

Credence Financial Services caters to individuals and businesses in the Elk Grove metro and the surrounding communities. This firm offers a wide range of services, including budget analysis, estate and trust tax strategies, investment strategies reviews, personal financial planning consultations, and retirement portfolio risk evaluations. In addition, it provides bookkeeping, cash flow management, individual tax preparation, and succession planning. Derek R. Hill, the founder, brings more than 30 years of experience in the accounting and finance industries.

Website
8900 Mineral King Court, Elk Grove, CA 95624
  • Retirement Planning

Why choose this provider?

Matt McDonald Financial provides advisory services from its Elk Grove location. It is headed by financial planner Matt McDonald, who is affiliated with Cetera Advisors. He assists clients in several areas, including retirement planning which involves guidance in handling forms such as designation of beneficiary and direct deposit, in addition to developing investment strategies and savings protection plans. He holds multiple industry designations, including Chartered Retirement Planning Counselor and Chartered Federal Employee Benefits Consultant. He is also a certified notary public and paralegal.

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.

  • How long does it take to become a Chartered Financial Planner in Elk Grove?

    To become a Certified Financial Planner (CFP) in Elk Grove, the Certified Financial Planner Board of Standards, Inc. requires a four-year bachelor's degree that includes at least 15 credits of education coursework from registered programs. The Association to Advance Collegiate Schools of Business, the Accreditation Council for Business Schools Program, and the International Assembly for Collegiate Business Education must all accredit these programs. To become a CFP in Elk Grove, candidates must also have three years of industry experience.

  • Why do healthcare practitioners hire a financial advisor in Elk Grove?

    Nurses, private practice administrators, and doctors in Elk Grove hire financial advisors to assist them with investment, tax, retirement, and insurance planning. Financial advisors can help clients manage their budgets, income, and debt, as well as protect their assets, take advantage of tax breaks, and create an estate plan. They can also assist healthcare professionals in Elk Grove with obtaining government benefits and programs such as Medi-Cal and the County Medically Indigent Services Program.

  • Do financial advisors in Elk Grove qualified to handle Medi-Cal Planning?

    No, Elk Grove financial advisors with credentials such as Registered Financial Consultant, Certified Financial Planner, and Chartered Life Underwriter are not qualified to handle Medi-Cal planning. This is due to the fact that the mandatory financial planning courses and programs do not cover the legal aspects of Medi-Cal. Financial advisors in Elk Grove cannot provide Medi-Cal planning advice unless they are also licensed attorneys. Furthermore, brokers, paralegals, and insurance agents are not permitted to provide Medi-Cal planning services.

  • Can an individual purchase a real estate property in Elk Grove using an Individual Retirement Account?

    Individuals in Elk Grove should avoid using an Individual Retirement Account (IRA) to purchase real estate because it can drastically reduce funds that could be growing tax-free and reduce the potential return on investment. Individuals in Elk Grove cannot obtain a loan if they purchase real estate within an IRA, according to the Internal Revenue Service. Additionally, the IRA owns the purchased property, and taxes, maintenance, and repair costs must be paid from the IRA.

  • How can financial advisors help small businesses in Elk Grove?

    Financial advisors can help small businesses in Elk Grove manage their financial assets, such as investing unused funds and managing the cyclicality of operations for cash flow in both busy and slow seasons. Employee retirement plans, insurance coverage, and benefits, such as employee stock ownership plans, are created by them. Financial advisors in Elk Grove can also help develop a small business portfolio, advise on tax implications, and handle ownership transfers or sales.

  • 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.