Expertise.com

2024

Last updated:

Best Financial Advisors in Folsom

Our Recommended Top 10

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

27Reviewed

20Curated

10Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider
SmartAdvisor by SmartAsset logo

SmartAdvisor by SmartAssetExpertise.com

Folsom, 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
  • Investment Management
  • Financial Planning
  • Retirement Planning

Folsom, CA

Expertise.com Rating

Why choose this provider?

Need help contacting a Financial Advisor in Folsom? 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.

705 Gold Lake Drive, Suite 250, Folsom, CA 95630

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Review Sources

Google
5.0 (5)

Why choose this provider?

True Worth Financial Planning caters to the needs of clients in the Folsom area and neighboring communities. The firm focuses on providing financial planning and investment management solutions for women, divorcees, and widows, and helping them regain financial security. Rachael, the founder, is a Certified Financial Planner and Certified Divorce Financial Analyst who serves clients virtually throughout the U.S. She is also a Certified Private Wealth Advisor and holds a double masters in business administration and personal financial planning.

  • Financial Planning

2724 Kilgore Road, Ste A, Rancho Cordova, CA 95670

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Review Sources

Facebook
5.0 (3)
Google
5.0 (1)

Why choose this provider?

Hometown Advisors provides financial services to clients in Folsom. It assists individuals who wish to protect their wealth by creating financial plans. It specializes in monitoring clients' progress in implementing their financial strategies to meet their retirement, business, and estate planning needs and goals. In addition to financial planning services, the company guides individuals in managing their asset plans, analyzing their cash flow, and reducing tax liability. Hometown Advisors exclusively offers alliance programs, partnering with CPAs and attorneys for financial planning solutions.

  • Finance Planning

1013 Galleria Blvd. Suite 210, Roseville, CA 95678

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Review Sources

Google
5.0 (1)

Why choose this provider?

Founded in 1976, Tridea Advisors is a firm serving Folsom. It offers personalized advice to individuals and businesses on investments to help them distribute income streams, grow and preserve their wealth, and live the life they worked hard for. It helps them prepare for retirement by advising on personal savings and investments and qualified-retirement plans. It also handles their financial affairs through estate planning. In addition, it assists in constructing portfolios and offers personal, liability, and life insurance.

  • Finance Planning

50 Iron Point Circle, Suite 140, Folsom, CA 95630

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Why choose this provider?

Parkshore Wealth Management has been serving clients in Folsom and the surrounding communities since 2008. It provides a wide range of wealth management services that include financial planning, portfolio diversification, retirement planning, and cash flow management. The company assists clients in establishing a clear understanding of their needs and objectives and determining their risk profiles. The family-owned firm is committed to partnering with financially responsible individuals and families that are willing to use their money to achieve their financial objectives.

  • Finance Planning

101 Parkshore Dr # 100, Folsom, CA 95630

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Review Sources

Google
5.0 (2)

Why choose this provider?

Lake Tahoe Wealth Management, Inc., offers a range of financial-related services in the Folsom metro. It provides comprehensive financial planning solutions, including cash and risk management and retirement and estate planning. The company determines clients' net worth, risk tolerance, and objectives to create financial plans suited to their needs. It also handles business consulting and succession planning services, which cover estate integration and successor development. CEO Debbie Grose is a CFP who has been in the industry for over 10 years.

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

2204 Plaza Dr., Suite 100, Rocklin, CA 95765

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Review Sources

Google
5.0 (3)

Why choose this provider?

Lighthouse Financial & Tax is an advisory firm serving the community of Folsom. It aims to reduce the risk of clients' investment portfolios and taxes through tactical asset management, including asset protection, wealth accumulation, and fixed index annuity. The firm also offers IRA legacy planning, charitable giving, and transition planning solutions. Owner James D. Kersey has been a financial professional since 1980. He possesses series 6, 63, and 65 registrations, which enable him to actively manage his clients' assets.

  • Estate Planning
  • Tax Planning
  • Finance Planning

PO Box 6130, Folsom, CA 95763

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Review Sources

Facebook
5.0 (4)
Google
5.0 (1)
Yelp
5.0 (1)

Why choose this provider?

Legacy Builders Financial is a firm that serves clients in the Folsom area. Its services include financial coaching, ongoing financial planning, and investment management. It provides financial foundation sessions that cover initial development, monitoring of the plan, recommendation changes, and updating of plans. Coaching about finances is also offered for those who are facing challenges with regard to monthly income and debts. The firm's founder, Charles Ho, is a Certified Financial Planner and has over a decade of industry experience.

  • Financial Planning

950 Glenn Drive, Suite 230, Folsom, CA 95630

Expertise.com Rating

Review Sources

Google
5.0 (2)

Why choose this provider?

Since 2008, Leslie Roper Day & Associates has been serving clients in Folsom. It assists individuals through the process of financial planning and advises on areas involving insurance and retirement. The company offers tax planning services and educates clients on matters like deductions. It also provides wealth management solutions. The company's founder, Leslie Day, served as the host of "Focus on Your Finances," a radio show at NewsRadio KFBK. She has over 15 years of industry experience.

  • Finance Planning

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 does an advisor become a certified financial planner (CFP) in Folsom?

    A financial advisor in Folsom with a CFP certification has to complete the comprehensive training required by the CFP Board, covering topics like investment planning and risk management. To become a CFP, one must work in the industry for 4,000 to 6,000 hours and pass a six-hour exam. CFPs also undergo continuing education. As fiduciaries, they must prioritize clients' best interests and uphold professional conduct and ethical standards.

  • What affects your credit score in Folsom?

    Your credit score is based on five elements. Comprising 35% of your score, payment history is the biggest influencer. This pertains to your consistency in making payments on time. Your utilization of credit comes next at 30%. You might get a lower score if you have a habit of maxing out your credit in Folsom. Your credit history length, credit mix, and new applications make up 15%, 10%, and 10% of your score, respectively.

  • How can you get out of debt in Folsom?

    The first step in getting out of debt is finding out the total amount you owe. Note the balance, tax deduction status, and interest rate on each debt so you can consider which to prioritize. Follow a strict budget, and do not add to your existing debts. Also, put your cards where you won’t be tempted to use them, and ask your creditors if they could put you on a payment plan. You can obtain tailored guidance from a Folsom financial advisor.

  • Do employees in Folsom need a wealth manager?

    Employees in Folsom might need a wealth manager’s specialized guidance when it comes to equity-based compensation. Among the city’s major employers are tech companies, including Intel, PowerSchool, and Micron Technology. These companies can provide workers with restricted stock units, stock options, cash-deferred bonus plans, employee stock purchase plans, and performance shares. Equity compensation could be complicated to manage since it comes with tax and regulatory concerns.

  • You just received a large inheritance in Folsom. How can you stay financially stable?

    The first thing you can do—or in this case, not do—is to avoid making emotional decisions. Unless you have urgent expenses, leave your inheritance untouched. This will protect you from making bad purchases or investments. Seek professional advice in Folsom about safekeeping your money. Acquiring an inheritance is also a good time to reevaluate and update the various components of your financial plan. Consider whether you need strategies to reduce taxes or additional insurance coverage for new properties.

  • 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.