Expertise.com
2024

Last updated:

Best Financial Advisors in San Pedro

Our Recommended Top 3

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

22

Reviewed

14

Curated

3

Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider
SmartAdvisor by SmartAsset logo
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SmartAdvisor by SmartAsset

San Pedro, CA
  • Estate Planning
  • Retirement Planning
  • Financial 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
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Price: Free Consultation

San Pedro, CA

Why choose this provider?

Need help contacting a Financial Advisor in San Pedro? 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
808 W 9th St, San Pedro, CA 90731
  • Tax Preparation

Why choose this provider?

Frishta Amala CPA & Tax Services helps clients in San Pedro make sound financial decisions. The firm aids individuals, small start-ups, and large corporations in finding solutions to domestic and international tax matters. It helps in taxation filings and delivers tax consulting services for audits, collection settlements, and offshore tax havens. The company's representatives help in the tax preparation for corporations, LLP and LLC, estates and trusts, and partnerships. Frishta Amala CPA & Tax Services has staff members who speak Arabic, English, and Spanish.

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)

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.

  • What are RIAs, and what benefits can San Pedro businesses expect from hiring them?

    An RIA, or Registered Investment Advisor, is a financial professional who has passed a strict certification procedure and is mandated by law to operate in the client's best interests. The benefit of hiring a fee-only RIA in San Pedro is that they have no financial motivation to suggest a transaction when none is necessary. This is because they are not paid a commission based on a buy or sell transaction.

  • What are the factors considered when calculating credit scores in San Pedro?

    Credit scores for individuals in San Pedro may be calculated using the FICO model or the VantageScore. The FICO score, which is the more popular model for lenders, takes into account factors such as an individual's payment history, amounts owed, length of credit history, credit mix, and new lines of credit. As for VantageScore, the factors considered are payment history, credit age and type, credit utilization ratio, total balances, recent credit behavior, and available credit.

  • Is it possible to withdraw from an individual retirement account (IRA) in San Pedro anytime?

    Yes, you are allowed to take distributions from your IRA at any time in San Pedro. However, to withdraw money from the account without paying an early withdrawal penalty, you must be 59 1/2 years old. The early withdrawal penalty is waived for people over 55 who have been terminated from work and those who have been rendered completely and permanently incapacitated.

  • In what ways do investments grow in San Pedro?

    Investments in San Pedro increase in value as a result of asset appreciation. The most straightforward example would be due to a direct improvement, like upgrading real estate to raise its worth. Growth in stocks is possible in response to a shift in the market environment. Additionally, assets increase in value as the entire supply changes, as in the case of an artist whose works become more valuable when collectors acquire more of the total supply.

  • What is the typical percentage fee for San Pedro financial advisors following the Assets Under Management model?

    In San Pedro, financial advisors following the AUM fee model receive annual compensation ranging from 0.50% to 2% of the assets they handle. A reduced rate is frequently applied over certain levels or asset thresholds, with the majority of advisers charging fees that are somewhere around the 1% mark. When the stock market is performing well, an advisor's income under the AUM model might increase significantly, even if they have accomplished only the same amount of work. 

  • 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.