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Best Financial Advisors in Hawthorne

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SmartAdvisor by SmartAsset logo
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SmartAdvisor by SmartAsset

Hawthorne, CA
  • Estate Planning
  • Financial Planning
  • Investment Management
  • 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
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Detail
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Price: Free consultation

Albitz/Miloe & Associates, Inc. logo
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Albitz/Miloe & Associates, Inc.

23133 Hawthorne Blvd Ste 305, Torrance, CA 90505
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  • Certified Financial Planner (CFP)
  • Financial Planning

Business Description

Albitz/Miloe & Associates, Inc., is a firm that has been serving Hawthorne since 1981. It helps individuals in building a financial plan for their retirement, insurance, and investment. Its team consults in different areas of personal finance such as estate planning, social security, college planning, real estate, and Medicare. The firm also provides guidance for professionals who will be filing taxes or drafting legal documents for clients. One of its Certified Financial Planners, Phil Albitz, utilizes his skills in stock market analysis and portfolio design.

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.
4.0
Responsiveness
Friendliness
Helpfulness
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Detail
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Cerda Munoz Advisors logo
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Cerda Munoz Advisors

10810 Paramount Blvd. Suite 102, Downey, CA 90241
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  • Certified Financial Planner (CFP)

Business Description

Founded in 2013, Cerda Munoz Advisors serves a wide range of clients in the Hawthorne metro, including retirees, medical professionals, families, and business owners. The firm offers various services, such as estate planning, cash flow analysis, tax preparation, investment management and strategy, and retirement planning. Its team of financial advisors and Certified Financial Planners with a collective industry experience of over 30 years helps clients create personalized financial plans. They also thoroughly analyze and review investment objectives, risk tolerance, and time horizon.

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 (24)
Yelp
5.0 / 5 (21)
Google
4.8 / 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
Crafted Wealth logo
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Crafted Wealth

Grand Blvd, Venice, GA 90291
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  • Certified Financial Planner (CFP)
  • Retirement Planning
  • Financial Planning

Business Description

Crafted Wealth helps the residents of Hawthorne overcome financial obstacles and celebrate success by empowering them through reactive and proactive financial planning. It encompasses clients’ values, visions, and goals to help them live their ideal life. The firm’s process also covers tax, estate, and education planning. Crafted Wealth has been quoted on CNBC and The Simple Dollar. The founder, Gabe, has amassed over 11 years of experience. He is a Certified Financial Planner and Chartered Financial Consultant.

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
Dorsey Wealth Management logo
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Dorsey Wealth Management

21250 Hawthorne Blvd Suite 500, Torrance, CA 90503
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  • Certified Financial Planner (CFP)
  • Investment Management
  • Financial Planning

Business Description

Dorsey Wealth Management is a company serving women and couples in Hawthorne and the surrounding areas. The Torrance-based firm specializes in wealth management and retirement planning. Its services include retirement planning, investment management, education funding, tax planning, and cash flow management. It also offers insurance plans and assistance with employee benefits and investments. Angela Dorsey, the founder of Dorsey Wealth Management, started her financial planning firm after more than 20 years in the corporate world.

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
Gamma Financial Services logo
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Gamma Financial Services

21251A Hawthorne Blvd, Torrance, CA 90503
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  • Certified Financial Planner (CFP)

Business Description

Gamma Financial Services, Inc., serves individuals and small businesses in Hawthorne and its surrounding areas. It handles financial statements and business taxes, business advisory services, income tax preparation and planning, and electronic filing. The firm also employs enrolled agents who represent clients in audit situations, which involve taxes in payroll, income, and sales. Founded in 1987, the firm continues to guide its non-business clients in making better-informed financial choices by providing them with analyses curated for and tailored to their situation.

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)
Google
5.0 / 5 (1)
Kaye Capital Management logo
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Kaye Capital Management

909 N. Pacific Coast Highway, Suite 235, El Segundo, CA 90245
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  • Certified Financial Planner (CFP)

Business Description

Serving Hawthorne, Kaye Capital Management assists individuals in navigating the road toward a secure future through financial planning. This comprises clients’ goals, their financial resources, and a timeline to get them to their destination. The company utilizes its knowledge of modern portfolio theory to create investment portfolios for clients. Its offerings also include institutional retirement plans like 401(k) and 403(b). The firm’s president, Ken Watten, is a Certified Financial Planner who has been with the company since 2004.

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

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
Markland Wealth Management, Inc. logo
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Markland Wealth Management, Inc.

1230 Rosecrans Avenue Suite 610, Manhattan Beach, CA 90266
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  • Certified Financial Planner (CFP)

Business Description

Markland Wealth Management, Inc., offers personal financial planning assistance to physicians, retirees, families, and business owners in Hawthorne. Its advisors guide clients in building a financial plan tailored to their unique situation. They also help in diversifying the client's investments, minimizing tax liabilities, planning for retirement, and in the preservation and transfer of wealth to loved ones. The team has three decades of combined experience in investment management. Mark Markland, the owner, is a Certified Financial Planner.

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)
Mass Mutual Greater Los Angeles logo
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Mass Mutual Greater Los Angeles

1045 W. Huntington Drive, Suite 200, Arcadia, CA 91007
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  • Retirement Planning
  • Investment Management

Business Description

Mass Mutual Greater Los Angeles provides financial advice to the locals of Hawthorne. The firm has financial professionals that help protect their clients through life events by providing solutions that meet their unique needs. These include individual retirement accounts, life insurance, long-term care, trust services, 529 college savings, and annuities. Mass Mutual Greater Los Angeles' management team has over 250 years of combined industry experience. Brian Lee, the general agent, is a Certified Financial Planner whose leadership expanded the firm's footprint.

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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Merrill logo
Visit WebsiteWebsite

Merrill

2301 Rosecrans Avenue Suite 3150, El Segundo, CA 90245
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  • Finance Planning
  • Wealth Management

Business Description

Merrill works with individuals, families, and entrepreneurs, as well as executives in Hawthorne in managing their economic opportunities and challenges. Its financial advisors help in planning retirement income. They guide clients in identifying concentrated stock positions, determining traditional investments that work, and putting estates in order. Senior vice president Glen Ferrand, who started his career at Merrill Private Wealth Management in Switzerland in 1996, has several designations like Certified Plan Fiduciary Advisor and Financial Risk Manager. He speaks French and German.

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.
4.4
Google
4.4 / 5 (10)

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
Palm Tree logo
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Palm Tree

2121 Rosecrans Avenue, Suite 2360, El Segundo, CA 90245
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  • Chartered Financial Analyst (CFA)

Business Description

Palm Tree provides consulting and financial advisory services for clients throughout Hawthorne and the neighboring areas. It focuses solely on M&A and private equity transactions, transitions, and transformations and offers financial planning and analysis. Using its background in private equity, the firm methodically analyzes financial and operational data and constructs forecasts based on these to guide clients in making critical decisions. Founded in 2010, Palm Tree has served clients in six continents and has handled $45 billion in transaction value.

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

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
––
Sparrow Wealth Management logo
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Sparrow Wealth Management

565 Pier Ave #595, Hermosa Beach, CA 90254
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  • Financial Planning

Business Description

Since 2001, Sparrow Wealth Management has been serving clients throughout the Hawthorne metro. The company provides a wide range of financial planning services, such as cash flow analysis, retirement planning, investment evaluation, insurance analysis, and estate and tax planning. It also educates individuals throughout the investment management process and develops investment policy statements and conducts monthly account reviews. Founder and president Christopher M. Jones is a Certified Financial Planner who has been active in the industry for 24 years.

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 (14)
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.

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