Expertise.com

2024

Last updated:

Best Financial Advisors in Lynwood

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

20Reviewed

13Curated

4Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider
SmartAdvisor by SmartAsset logo

SmartAdvisor by SmartAssetExpertise.com

Lynwood, 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
  • Financial Planning
  • Investment Management
  • Retirement Planning

Lynwood, CA

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Why choose this provider?

Need help contacting a Financial Advisor in Lynwood? 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.

990 West 190th Street Suite 520, Torrance, CA 90502
WebsiteLicense: 115901

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Why choose this provider?

Legacy Financial Group has been offering financial advice to individuals, families, and business owners in Lynwood and the surrounding areas for two decades. Its financial planners seek to understand clients' unique situations in order to create custom financial plans and timelines that meet their needs and goals. These plans may cover clients' estates, taxes, insurance and investments, retirement, and lifestyle. The firm's clientele includes those preparing for retirement, professionals from established companies, retired teachers and professors, divorcees, and widows or widowers.

  • Certified Financial Planner (CFP)
  • Retirement Planning
  • Insurance Products

8023 Beverly Blvd. Suite 1-375, Los Angeles, CA 90048
WebsiteLicense: 5167607

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Review Sources

Google
5.0 (6)

Why choose this provider?

Brittney Castro is a financial advisor who offers her services to clients in the Lynwood area. She provides comprehensive options involving cash flow and debt management, as well as strategies involving investment, tax, and estate planning. Throughout her 15 years of service in the industry, Castro has worked with known brands such as Zoom, Gemini, AirBnB, and ETrade. She is also a CFP who has appeared on media outlets and publications like The New York Times, CNN, Entrepreneur, and CNBC.

  • Retirement Planning
  • Tax 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.

  • Is Lynwood a good place for business investments in the cannabis industry?

    With cannabis legalized in California, Lynwood has become an up-and-coming center for the cannabis industry through its push for pro-cannabis ordinance. It has given licenses to cannabis businesses, which in turn stimulate the city's economy through taxes and jobs. Further information on the permit application can be obtained by visiting the City Hall at 11330 Bullis Road, Lynwood CA 90262, calling the Community Development Director at 310-603-0220, or sending an email to Cannabis@lynwoodca.gov.

  • Would homeowners in Lynwood who have completely paid off their mortgage still need life insurance?

    Homeowners in Lynwood who have completely paid off their mortgage can still benefit from life insurance in many ways. Some of these would be providing medical and long-term care benefits and income for beneficiaries in the event of death. In addition, properly structured life insurance can be used to pay off estate taxes and outstanding debts. It can allow pension flexibility, enable supplemental income for retirement, and be used for investing.

  • What are the tax considerations an investor in Lynwood must make regarding capital gains distribution in mutual funds?

    Net investment income and capital gains must be significantly assigned to shareholders annually to fend off taxes at the fund level. An investor in Lynwood may still be taxed if they divert their fund income to a taxable account. They must consult with a tax professional or financial advisor for proper guidance on how to minimize tax liabilities.

  • How do you legally qualify the sales of securities in Lynwood?

    Before securities can be sold, they must go through a qualification process from the California Department of Corporations. The company issuing the securities will have to provide tons of paperwork and disclose significant information. Should the company willfully sell securities that did not pass the qualification process, the action constitutes the crime of fraud. However, a person in Lynwood selling these securities in good faith and unaware of any law violation may not be held criminally liable.

  • Can you take out membership contributions if you no longer work for a CalPERS-covered employer in Lynwood?

    You have the option to withdraw your membership contributions and interests. However, this will terminate your eligibility as a CalPERS member and end your right to obtain benefits in the future. Take note that withdrawing your contributions cannot be reversed once approved and may be taxed, unless you do a rollover to any tax-deferred retirement account. Partial withdrawals or taking out a loan against your contributions in Lynwood are not allowed.

  • 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.

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