Expertise.com
2024

Last updated:

Best Financial Advisors in Santa Barbara

Our Recommended Top 13

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

32

Reviewed

24

Curated

13

Top Picks

Learn about our selection process.

Providers

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

Santa Barbara, CA
  • Estate Planning
  • Financial Planning
  • Retirement 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
––

Price: Free Consultation

Santa Barbara, CA

Why choose this provider?

Need help contacting a Financial Advisor in Santa Barbara? 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
225 East Carrillo Street, Suite 203, Santa Barbara, CA 93101
  • Retirement Planning
  • Financial Planning

Why choose this provider?

Montecito Capital Management is a fiduciary advisory firm serving individuals and families in Santa Barbara and the neighboring communities. It offers wealth management, financial investment, and retirement advisory services. The company assists clients with income protection, insurance, debt management, and business, estate, and education planning to help them secure their financial future. Founder Kipley J. Lytel has earned the CFA designation and has been featured in several publications like The Wall Street Journal, Forbes, Barron's, and Bloomberg Wealth Magazine.

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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
1111 Chapala St 3rd Floor, Santa Barbara, CA 93101
  • Estate Planning
  • Certified Financial Planner (CFP)
  • Investment Management
  • Wealth Management

Why choose this provider?

Mission Wealth offers fiduciary advice and services in Santa Barbara to help clients with a variety of financial concerns. The company caters to the needs of retirees, professionals, business owners, and independent women. Its advisors assist in financial planning, estate planning, investment management, risk management, and tax reduction. Brian Sottak, a partner and managing director at the firm, holds a Chartered Alternative Investment Analyst designation. He has also received a Top 40 Under 40 2019 award from the Pacific Coast Business Times.

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)
Yelp
5.0 / 5 (1)

Website
1435 Anacapa Street, Santa Barbara, CA
  • Financial Planning

Why choose this provider?

West Coast Financial provides assistance with the different aspects of financial planning. It guides clients in the core areas of investment, tax, retirement, and estate planning, as well as risk management. The firm's advisors take care of their clients' stocks, bonds, and mutual funds, managing alternative investments like private equity, venture capital, and commercial real estate. Joe Ferreira is part of the executive team. He is a Certified Financial Planner and a Certified Private Wealth Advisor. Ferreira and his team cater to Santa Barbara residents.

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 (5)

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

Website
222 E. Carrillo Street, Suite 208, Santa Barbara, CA 93101
  • Certified Financial Planner (CFP)
  • Finance Planning

Why choose this provider?

Monarch Wealth Strategies is a financial advisory firm that has been assisting Santa Barbara clients in designing and protecting their legacies since 2008. It seeks to maximize their financial success by paying personal attention to them and developing tailored wealth plans, such as financial planning and investment management. Aaron J. Clark, the firm's founder, has been in the financial advisory industry for nearly two decades. He is a Certified Financial Planner and has a Master's degree in Personal Financial Planning.

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.
4.5
Responsiveness
Friendliness
Helpfulness
Detail

Website
3700 State St, Suite 240, Santa Barbara, CA 93105
  • Certified Financial Planner (CFP)
  • Retirement Planning
  • Finance Planning

Why choose this provider?

Channel Wealth provides financial planning and wealth management services to clients in Santa Barbara and nearby locations. Through a wide range of financial methods suited to individual requirements and aspirations, the business assists individuals and families in making educated decisions about their future. It offers comprehensive financial planning, risk management, business succession planning, and transitional wealth management. Partner and wealth advisor Justin Anderson is a Certified Financial Planner who actively participates in the Financial Planning Association.

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

Website
401 Chapala Street Suite 105, Santa Barbara, CA 93101
  • Retirement Planning
  • Financial Planning
  • Wealth Management

Why choose this provider?

Foronjy Financial provides its services to clients within Santa Barbara. Its advisors design the appropriate portfolio that aligns with a client's goals and help mitigate possible crises for their long-term investment strategies. It also advises clients on ways to handle their 401(k) to determine if they are in the proper position for retirement. Principal wealth manager Bryan Foronjy is a Certified Financial Planner. He worked as a senior account executive for 10 years at Fidelity Investments before founding the company.

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

Website
206 East Anapamu Street, Santa Barbara, CA 93101
  • Retirement Planning
  • Financial Planning
  • Wealth Management

Why choose this provider?

Syd Walker, CFP, AIF is a financial advisor, who serves individuals, families, and nonprofit organizations in and around Santa Barbara. He offers wealth advisory and investment management assistance, which involves sustaining discipline during market volatility and accessing institutional investments. He also works with clients' legal and tax professionals in the process of developing financial strategies in the event of divorce, job loss, and hospitalization. Walker, who is a Chartered Financial Consultant, has been working in the industry since 1997.

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

Website
24 E. Cota Street, Ste. 200, Santa Barbara, CA 93101
  • Certified Financial Planner (CFP)

Why choose this provider?

Pensionmark is a financial advisory firm that caters to investors and employers in the Santa Barbara metro and nearby areas. It provides wealth management, plan optimization, and investment analysis services to help clients achieve financial security. The company also deals with marketing sales, business operations, and RFI or vendor analysis. Its financial advisors also handle retirement planning, helping retirees obtain IRA and 401(k) plans. Pensionmark has been in the industry for more than 30 years.

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
––

Website
10 East Figueroa Suite 201, Santa Barbara, CA 93101
  • Finance Planning

Why choose this provider?

California Wealth Advisors is a financial planning firm that serves the Santa Barbara metro. Its team of independent advisors works with estate planning attorneys and accountants in the process of developing retirement, education, and estate plans for clients. With access to funds, individual equities, insurance plans, and alternative investments from various companies, they are able to create investment portfolios that match clients' needs and goals. The company was founded by Kelley Slaught, a longtime Santa Barbara resident, whose financial services career began in 1982.

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.
3.9
Yelp
3.9 / 5 (11)
Google
4.0 / 5 (8)

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

Website
100 E. De La Guerra St., Santa Barbara, CA 93101
  • Estate Planning
  • Certified Financial Planner (CFP)
  • Wealth Management

Why choose this provider?

Arlington Financial Advisors offers personalized advice on a variety of financial matters in Santa Barbara. It supports individuals in their retirement planning and asset purchase decisions. The company's advisors develop structured programs regarding investments, taxes, estate plans, and net worth plans. When conducting net worth planning, they consider their clients' major life changes and real estate exposure. They also educate them about investment risks and guide them in finding solutions, such as portfolio diversification. Managing partner Joseph R. Weiland 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 (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

Website
115 S. La Cumbre Lane, Suite 201, Santa Barbara, CA 93105
  • Certified Financial Planner (CFP)

Why choose this provider?

Painted Porch is a financial advisory firm that serves Santa Barbara. Its scope of services ranges from helping clients plan for life changes to assisting individuals in implementing data-driven investment strategies that help promote wealth growth. It also offers a curated investment platform to qualified investors. CEO Brian Lloyd has over a decade of industry experience, having served as managing partner of West Coast Financial and growing that company to the point that it has five locations and over 600 clients.

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

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.

  • Why should you think about investing in a Santa Barbara 529 plan?

    You should consider putting money in a Santa Barbara 529 plan because these are tax-advantaged investments that allow and motivate families to set aside money for future college expenditures. A 529 plan lets you enjoy tax-deferred growth of investment earnings and tax-free withdrawal of distributions for eligible higher education expenses. In addition, avoiding capital tax on growth enables investors to keep more money in their portfolios, accelerating compound growth.

  • In Santa Barbara, who is eligible to create a 529 plan?

    A 529 plan can be opened by anyone aged 18 or older in Santa Barbara. As a result, relatives and even close friends are allowed to join new accounts or make contributions to existing ones. Anyone who is a resident alien or a citizen of the U.S. may be named as a beneficiary. Beneficiaries have no age restrictions; thus, account holders can even name themselves as beneficiaries to start saving for their own postgraduate expenses.

  • In Santa Barbara, if your salary is less than your spouse's, should you begin getting Social Security payments at age 62?

    Yes. In some cases, it makes sense for you to apply for Social Security benefits in Santa Barbara at 62 while your spouse waits until they are 70. This plan guarantees that the surviving spouse will receive the bigger benefit from the deceased spouse even if one of you dies sooner. As a result, it can turn out well for both sides.

  • How can Santa Barbara financial planners assist you following your divorce?

    A Santa Barbara financial advisor can offer continuous direction and help as you manage your new normal following your divorce. The advisor also plays a key role in assisting you in moving your share of the marriage settlement holdings to new accounts, renaming them if you decide to switch back to your maiden name, and revising the financial statements and analysis of cash flows to match your long-term goals.

  • How much money should you keep in your emergency fund in Santa Barbara?

    In Santa Barbara, it's frequently advised that you preserve between three and six months' supply of basic living expenditures in your emergency fund. Depending on various factors, including the number of dependents and the professions of both spouses, you may need a different amount in the account for your own emergency fund. For instance, if you are self-employed, live on one salary, and have children to support, you might need up to eight months' worth of expenses set aside for emergencies.

  • 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.