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Best Financial Advisors in Menifee

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SmartAdvisor by SmartAsset logo
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SmartAdvisor by SmartAsset

Menifee, 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
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Price: Free consultation

Davies Financial Advisors logo
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Davies Financial Advisors

41391 Kalmia Street Suite 330, Murrieta, CA 92562
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  • Retirement Planning

Business Description

Davies Financial Advisors is a firm serving Menifee and surrounding communities. It assists individuals from different levels of wealth in managing their finances by building a customized financial plan. It can include accumulation, retirement planning, taxation, risk management, and exit planning. The wealth management process involves identifying the risks, opportunities, and strengths of the client's financial situation. The firm's president, Andy Davies, is a Certified Financial Planner, an Accredited Investment Fiduciary designee, a Certified Estate and Trust Specialist, and a Certified Fund Specialist.

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
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Intelligence Driven Advisers logo
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Intelligence Driven Advisers

25220 Hancock Ave 310, Murrieta, CA 92562
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  • Certified Financial Planner (CFP)

Business Description

Serving Menifee and the nearby areas, Intelligence Driven Advisers provides assistance in financial planning and wealth management. The company serves private clients and their institutional, philanthropic, and corporate affiliations. Its services include investment management consulting, estate planning, cash flow analysis, business and wealth succession, and risk management and asset protection. It also offers business retirement plans and 401(k) services to help companies mitigate fiduciary liability while optimizing their investment opportunities. The firm's managing director, David Brasfield, is a Chartered Retirement Plan Specialist.

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 (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
––
Invicta Financial Group logo
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Invicta Financial Group

41593 Winchester Rd., Suite 200, Temecula, CA 92590
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  • Financial Planning

Business Description

Invicta Financial Group is an independent financial services firm that offers financial planning solutions to families and businesses in Menifee. For more than 12 years, the company has been assisting clients with retirement planning, estate strategies, wealth management, and business planning. CEO Barry D. Todd holds designations as a Certified Chartered Financial Consultant and Chartered Federal Employee Benefits Consultant. Before working as a financial advisor, he served in the United States Army Range for 21 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.
4.6
Google
5.0 / 5 (3)
Facebook
4.0 / 5 (2)

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
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––
Karl Schorr Wealth Management, LLC logo
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Karl Schorr Wealth Management, LLC

27186 Newport Road, Ste. 2, Menifee, CA 92584
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  • Finance Planning

Business Description

Karl Schorr Wealth Management LLC is an independent financial planning firm serving Menifee and the nearby areas. It partners with professionals like accountants and attorneys to provide clients with an array of comprehensive financial planning services, ranging from tax planning and investment management to estate planning. The firm maintains regular communication with clients to provide them with financial advice concerning their changing circumstances and financial goals. Founder Karl Schorr has over five years of industry experience and has limited working proficiency in 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.
5.0
Facebook
5.0 / 5 (14)
Kimberly Surber logo
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Kimberly Surber

25185 Madison Ave A, Murrieta, CA 92562
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  • Certified Financial Planner (CFP)

Business Description

Kimberly Surber is a Certified Financial Planner who serves families in and around Menifee. She is also a Certified Divorce Financial Analyst, which qualifies her to advise clients on various financial matters of divorce and assist them with the process. In addition, she collaborates with clients' lawyers on all financial aspects of their cases, including preparing paperwork and supporting documentation. When necessary, Kimberly can also testify as an expert witness on the financial aspects of cases filed in court.

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 (3)

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
La Pointe Wealth Advisors logo
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La Pointe Wealth Advisors

43980 Margarita Rd Suite 201, Temecula, CA 92592
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  • Wealth Management

Business Description

La Pointe Wealth Advisors serves individuals and families in Menifee and surrounding areas that are seeking to build and preserve their wealth. It offers various financial advising services, such as income and investment returns, retirement and estate planning, and risk and tax management. It looks into the clients' time horizons, risk tolerance, and investment objectives in order to create a plan suitable to their needs. Founder David La Pointe hosted the radio show "Money Matters" for over 13 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 (4)
Yelp
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
Leeward Wealth Management logo
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Leeward Wealth Management

25185 Madison Ave, Suite A, Murrieta, CA 92562
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  • Certified Financial Planner (CFP)

Business Description

Leeward Wealth Management serves individuals and families in Menifee. Its financial professionals help clients develop financial plans for milestones like college education and retirement, assisting them in utilizing available assets like 529 savings plans and Social Security benefits to meet their financial goals. The company also offers accounting and tax planning services that help clients reduce their tax obligations. Senior wealth advisor Karen Vaught holds the Accredited Asset Management Specialist designation from the College of Financial Planning.

MD Brown Financial logo
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MD Brown Financial

41856 Ivy St. Suite 113, Murrieta, CA 92562
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  • Retirement Planning

Business Description

MD Brown Financial is an advisory firm serving Menifee. For more than 35 years, it has been assisting businesses and individuals in developing plans that address their needs, such as maximizing their wealth, reducing debts, or preparing for retirement. In addition, it educates them on the products, services, and strategies that align with their financial goals. Its range of services includes cash flow analysis, investment and savings review, personalized financial strategies, retirement planning, and asset allocation reviews.

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 (2)

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
MPK Advisors & CPAs logo
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MPK Advisors & CPAs

41197 Golden Gate Circle #101, Murrieta, CA 92562
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  • Tax Planning
  • Finance Planning

Business Description

MPK Advisors & CPAs is an accountancy firm serving Menifee. It focuses on providing traditional compliance services, including financial management, tax preparation and planning, and business consulting. Its financial management services aim to guide clients in accelerating their business growth and securing their financial future. Its advisors provide individualized strategies and advice to help them interpret and analyze the clients' financial information. The firm also serves the needs of associations, federations, churches, and non-profit organizations, helping them make wise financial decisions.

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)
Nautilus Tax and Wealth Solutions logo
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Nautilus Tax and Wealth Solutions

22525 Pin Tail Drive, Canyon Lake, CA 92587
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  • Retirement Planning

Business Description

Nautilus Tax and Wealth Solutions is a firm serving Menifee and the surrounding communities. It assists individuals and businesses with their financial needs by providing a wide range of tax and accounting needs, including business consulting, retirement planning, and IRS representation. Its CPA, Lawrence L. Lathrop, helps develop and finalize financial statements that impact management decision-making and represents businesses to interested parties. He also conducts financial analyses for continued business growth and prosperity.

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.
4.6
Google
4.6 / 5 (20)

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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News Financial logo
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News Financial

43180 Business Park Dr, Suite 202, Temecula, CA 92590
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  • Chartered Financial Analyst (CFA)

Business Description

News Financial is an independent firm that has been offering financial services for individuals and institutions in Menifee for more than three decades. The firm's president and CEO, Scott A. Chon, focuses on financial strategy and wealth management. Chon and his team also have specialized programs that allow clients to have access to various investment and portfolio management, including mutual funds, alternative investment, stocks, and ETFs. Employer-sponsored plans are also available, such as 403(b), Simple IRA and Simple Roth IRA, and SEP IRA.

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 (1)
Yelp
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
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Helpfulness
Detail
Ross & Mary Hunt, Inc. logo
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Ross & Mary Hunt, Inc.

29970 Technology Drive, Suite 120, Murrieta, CA 92563
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  • Estate Planning
  • Tax Planning
  • Certified Financial Planner (CFP)
  • Retirement Planning
  • Investment Management
  • Financial Planning

Business Description

Ross & Mary Hunt, Inc., is an independent fiduciary-based financial services firm that has been serving Menifee and the surrounding areas for more than two decades. It caters to a wide range of clientele, including widowers, divorcees, medical professionals, business owners, heirs, and lottery winners. The company provides a variety of services, such as retirement planning, tax and estate planning, insurance planning, and risk management. It handles RMDs, Roth IRAs, and 401k plans. Co-founder Ross Hunt is a Certified Financial Planner.

Royal American Financial Advisor, LLC logo
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Royal American Financial Advisor, LLC

27192 Newport Rd. Suite 4, Menifee, CA 92584
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  • Certified Financial Planner (CFP)
  • Retirement Planning
  • Tax Preparation

Business Description

Royal American Financial Advisor, LLC, is a company that caters to the residents of Menifee. Its personnel educates aspiring investors on the finer points of investing their earnings. The firm offers fiduciary planning advice covering a variety of money concerns from mitigating tax liabilities to budgeting for retirement and family expenses. The establishment remains independent, which enables the coaches to give unbiased counsel to its clients. One of its coaches, John Borger, holds a CFP designation.

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
4.5 / 5 (57)

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
Taylor Wealth Management Group logo
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Taylor Wealth Management Group

29826 Haun Rd Ste 206, Menifee, CA 92586
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  • Finance Planning

Business Description

Taylor Wealth Management Group serves clients throughout Menifee and its neighboring areas. This private wealth advisory practice of Ameriprise Financial Services LLC assists clients in taking control of their finances by helping them create strategies concerning retirement, taxes, asset management, and estate planning. It also guides clients in planning for life and long-term care insurance, education costs, and charitable strategies. Ivette Taylor, firm co-principal, is a CFP® and CRPC® professional. She has been in the industry for 16 years and also offers women's financial strategies.

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)
Yelp
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
Team Tax logo
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Team Tax

30650 Rancho California Rd., Temecula, CA 92591
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  • Tax Planning
  • Certified Financial Planner (CFP)
  • Financial Planning
  • Wealth Management

Business Description

Team Tax offers tax preparation services to individuals and businesses in Menifee and its neighboring metros. Its advisors aim to maximize clients' savings and update them on the latest tax law changes. They offer tax planning, virtual tax preparation, and wealth management services. Its tax planning services include the financial aspect of clients' rental properties and trust and multi-state returns. As enrolled agents, the firm's professionals conduct their services by adhering to the IRS codes of conduct.

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.
4.5
Yelp
4.5 / 5 (26)
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
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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