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Best Financial Advisors in Norwalk

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SmartAdvisor by SmartAsset logo
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SmartAdvisor by SmartAsset

Norwalk, CT
  • 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.

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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
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4.0 / 5 (4)

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4.0
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Price: Free consultation

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Aspetuck

27A Imperial Avenue, Westport, CT 06880
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  • Certified Financial Planner (CFP)

Business Description

Aspetuck is a financial advisory firm serving individuals in the Norwalk area. It offers a variety of services, such as retirement planning and management for self-employed individuals and small businesses, allowing small company owners to maximize their retirement contributions and reduce their tax liabilities. They also provide planning advice for college savings and retirement. Patrick Byrne, the founder and portfolio strategist of the company, has been in the investment advisory business for more than 30 years.

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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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Castlekeep logo
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Castlekeep

257 Riverside Avenue, 2nd Floor, Westport, CT 06880
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  • Certified Financial Planner (CFP)

Business Description

Established in 2000 by Charles Haberstroh, CastleKeep is a family-owned and independent investment advisory firm serving Norwalk. It provides objective financial planning advice and investment analysis to high-net-worth individuals. Its recommendations include asset allocation, credit and loan considerations, and investment management. In addition, the company advises clients regarding estate and trust. CastleKeep assesses clients’ financial situation to establish their goals and uses the data to make investment propositions. It also helps them in constructing portfolios tailored to their needs.

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Compass

33 Miller St, Fairfield, CT 06824
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  • Financial Planning

Business Description

Compass helps the people of Norwalk obtain their definition of a financially secure retirement. The firm assists families and businesses in getting clarity through financial planning that involves analyzing a client’s financial situation, dreams, and investments to build a roadmap. The company also provides investment management and income and tax planning services to help individuals generate more wealth. Compass organizes monthly educational workshops on subjects like legacy planning. The firm’s president and director of operations, Gretchen Brunner, is a CFP and MBA.

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
Facebook
4.4 / 5 (337)

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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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Crestwood Advisors logo
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Crestwood Advisors

1020 Boston Post Road, Darien, CT 06820
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  • Wealth Management

Business Description

Crestwood Advisors is an independent investment advisory firm that serves Norwalk. It provides comprehensive financial planning services tailored to its clients’ needs and goals. It assists them on how to best utilize their assets, preserve their wealth, and adjust to life situations while acquiring financial security. In addition, it offers the Women & Wealth initiative, which caters to the wealth management needs of women leaders. Its client base ranges from busy professionals and young families to entrepreneurs and business owners.

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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Emerald Wealth Advisors logo
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Emerald Wealth Advisors

8 Wright Street - Suite 107, Westport, CT 06880
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  • Estate Planning
  • Tax Planning
  • Certified Financial Planner (CFP)
  • Retirement Planning
  • Investment Management
  • Financial Planning
  • Chartered Financial Analyst (CFA)

Business Description

Emerald Wealth Advisors offers financial planning to the locals of Norwalk. The firm helps clients take a close look at their goals and objectives and decide which ones are the most important. After which, personalized financial strategies are crafted, which may cover wealth transfer, asset management, retirement planning, risk management, savings or accumulation strategies, and succession planning. David Boczar is the founder of Emerald Wealth Advisors. He is a Certified Financial Planner with over 30 years of financial industry experience.

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We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
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Financial Advisory Network, LLC logo
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Financial Advisory Network, LLC

33 Riverside Avenue, 5th Floor, Westport, CT 06880
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  • Certified Financial Planner (CFP)
  • CFA Charterholder

Business Description

Financial Advisory Network, LLC, is a team that serves clients in the Norwalk metro. It develops financial plans tailored to the goals and objectives of its customers and provides a wide array of services. These include profit sharing planning, employee group benefits development, and investment portfolio allocation and management. Its managing director, Kenneth Heiser, has over 25 years of experience in the financial industry. He has received several recognitions, such as being a lifetime member of the New England Financial Hall of Fame.

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We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
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Gold Family Wealth logo
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Gold Family Wealth

55 Post Road West Suite 233, Westport, CT 06880
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  • Estate Planning
  • Certified Financial Planner (CFP)
  • Retirement Planning
  • Investment Management
  • Financial Planning

Business Description

Gold Family Wealth caters to Norwalk clients' needs and goals by providing customized plans for their finances. Since 2017, it has offered retirement, estate, tax planning, and investment management solutions. It monitors clients' progress monthly, quarterly, or yearly basis. Michael Gold is the Founder and CEO, Wealth Advisor with CFP certification. "Listing on this website is not a guarantee of future investment success. This recognition should not be construed as an endorsement of the advisor by any client."

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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Greenhouse Wealth Management logo
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Greenhouse Wealth Management

8 Wright Street Suite 107, Westport, CT 06880
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  • Certified Financial Planner (CFP)

Business Description

Greenhouse Wealth Management offers financial advising services to individuals, families, and businesses in Norwalk. It helps clients achieve their financial goals through various methods, such as tax-efficient investing, income strategies, wealth transition planning, and risk management. It uses different means of updating clients about their portfolios, such as client statements, web access, tax forms, mobile banking, and 24/7 customer service. Its founder Ryan W. Callas named the company "Greenhouse" to honor his mother, who is an avid gardener and who nurtured the people around her.

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
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Guidelight Financial

50 Washington Street 7th Floor, Norwalk, CT 06854
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  • Estate Planning
  • Retirement Planning
  • Financial Planning
  • Wealth Management

Business Description

Guidelight Financial offers its services in the Norwalk metro. These include asset allocation, estate and retirement planning, college planning, and risk mitigation. The firm also offers personal wealth planning, business retirement plans, and 401(k) consultations. Through a holistic and comprehensive approach, the firm does more than advise—it walks its clients through the process, working behind the scenes and monitoring the efficiency of the financial plan in place. Felix Serrano, the firm's president and CEO, is a Certified Financial Planner.

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Integral Capital Management, Inc.

111 East Avenue, Suite 101, Norwalk, CT 06851
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  • Retirement Planning

Business Description

Integral Capital Management, Inc. offers a broad range of financial services for clients in and around Norwalk. Its inancial advisors help clients attain their long-term and short-term goals by creating roadmaps that are tailor-made to meet their individual objectives. They offer strategies and services such as investment advisory and management, financial planning, life insurance analysis, college funding planning, and estate planning. The firm works closely with management consultants, attorneys, and CPAs in developing well-rounded financial plans.

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Investmark Advisory Group

263 Tresser Blvd, Suite 1401, Stamford, CT 06901
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  • Retirement Planning
  • Wealth Management

Business Description

Investmark Advisory Group serves individuals and businesses throughout Norwalk. It helps clients prepare for the future and achieve their financial goals by providing them with wealth management services. It also offers retirement income planning, investment management, long-term care and life insurance, and tax management services. Michael C. Kusick, the firm's managing principal and CEO, holds the CFP designation. He was recognized as a Leaders Level advisor for 2016. Kusick has also been featured in industry publications like Registered Rep. and InvestmentNews.

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.
4.2
Google
4.2 / 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
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Matthew E. Greene logo
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Matthew E. Greene

50 Washington St Ste 600W, Norwalk, CT 06854
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  • Wealth Management

Business Description

Matthew E. Greene serves the Norwalk area as a wealth management advisor affiliated with Northwestern Mutual. He specializes in financial and retirement planning, providing clients with services like income and expense budgeting and investment management centered on the client's goals like family education and home purchase. He offers ongoing financial advice to his clientele, helping them adjust their financial plans according to their changing circumstances. Forbes recognized Greene as one of the top financial security professionals in 2021.

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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MJP Wealth Advisors logo
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MJP Wealth Advisors

320 Post Road West, Suite 210, Westport, CT 06880
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  • Financial Planning

Business Description

MJP Wealth Advisors is an independent, family-owned firm that offers comprehensive financial services to individuals, families, and businesses in and around Norwalk. Founded in 1981, the company provides a wide range of ideas and solutions that are tailored to each client's specific demands and goals. Services include financial planning, investment management, alternative investing, estate planning, and insurance solutions. The firm's president, Brian Vendig, is a CPA who has been recognized for the fourth consecutive year on the Forbes Best-In-State Wealth Advisors list.

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.
5.0
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Moneco Advisors logo
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Moneco Advisors

2150 Post Road Suite 201, Fairfield, CT 06824
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  • Financial Planning

Business Description

Moneco Advisors provides financial planning services in Norwalk. It assists individuals in preparing plans to guide them in meeting their current and future financial needs and goals. It uses Riskalyze software, an exclusive technology created by the company to help assess clients' risk levels. Moneco Advisors also serves people who want to establish plans for their retirement, including cash flow planning and income-generation strategies. The company's managing partner, John Rosenau, is an investment advisor representative.

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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Detail
Paradigm Financial Partners logo
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Paradigm Financial Partners

315 Post Road West, Westport, CT 06880
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  • Finance Planning

Business Description

Paradigm Financial Partners is an investment advisory company that serves the Norwalk area. Its team assists clients on various aspects of financial planning, from asset allocation statements and portfolio efficiency to investment changes recommendations. Its independent financial planners also provide assistance in managing cash flows, developing retirement income strategies, and stress testing investment portfolios. Paradigm Financial Partners is headed by Lee Rawiszer, who specializes in assisting entrepreneurs, entertainers, professional athletes, and high-net-worth physicians. He has conducted seminars for the NAIFA.

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 (7)

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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Detail
Pettee Investors, Inc. logo
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Pettee Investors, Inc.

137 Rowayton Avenue, Suite 430, Rowayton, CT 06853
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  • Investment Management

Business Description

Pettee Investors, Inc., provides financial advising services to clients in Norwalk and the surrounding communities. It specializes in creating investment strategies involving real estate investment trusts and large capitalization equities. It also helps individuals and businesses manage their finances to achieve their goals and needs. Pettee Investors, Inc., has been operating for over three decades. One of the company's executive team members, Sheila P. Pettee, started her financial career in 1979 as a securities analyst at the Standard & Poor's Corporation.

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
Facebook
4.5 / 5 (5)
Saugatuck Financial logo
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Saugatuck Financial

274 Riverside Ave – 4th Floor, Westport, CT 06880
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  • Estate Planning
  • Retirement Planning
  • Financial Planning

Business Description

Saugatuck Financial is a veteran-owned financial planning practice based in Westport, CT that serves high net worth and emerging high net worth individuals locally, and throughout the country. It uses an individualized approach with its clients to rid their lives of financial stress and create financial security, integrating estate planning, wealth management, risk management, tax-efficient strategies, and retirement income distribution in each plan. Founding partner Justin Charise was recognized as a top financial security professional by Forbes in 2021. The firm is recognized among Worth Magazine's Leading Advisors.

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 (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.
5.0
Responsiveness
Friendliness
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Detail
Wealthspire Advisors logo
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Wealthspire Advisors

274 Riverside Avenue, Suite 101, Westport, CT 06880
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  • Estate Planning
  • Certified Financial Planner (CFP)
  • Retirement Planning
  • Investment Management
  • Financial Planning
  • Chartered Financial Analyst (CFA)
  • Charitable Giving

Business Description

Wealthspire Advisors, an independent registered investment advisor, serves clients in Norwalk and the surrounding areas. Composed of fiduciary advisors with high regard for connecting various areas of clients’ financial lives, Wealthspire strives to deliver collaborative strategies optimizing finances and fulfilling aspirations. Its financial advisors deliver customized planning, continuing education, and coordination. It was recognized as a Top RIA by Barron’s and Financial Advisor Magazine for three consecutive years. Additionally, it has been featured on Forbes’ Best-in-state Advisors and Top Women Advisors lists in 2020.

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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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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