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2024

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Best Financial Advisors in Yuma, AZ

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

25Reviewed

16Curated

4Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider
SmartAdvisor by SmartAsset logo

SmartAdvisor by SmartAssetExpertise.com

Yuma, AZ
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

Yuma, AZ

Expertise.com Rating

Why choose this provider?

Need help contacting a Financial Advisor in Yuma? 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.

2615 East 24th Street Suite 2, Yuma, AZ 85365

Expertise.com Rating

Review Sources

Google
4.0 (4)
Facebook
4.0 (3)

Why choose this provider?

Invicta Financial Group is a veteran-owned advisory firm serving Yuma and the surrounding areas. Its personalized solutions focus on serving businesses and families, including cash, debt, goal, safety, and wealth management. Other services include business and estate planning. It advises clients on how to best utilize their assets and assists them in developing plans to help them achieve their financial goals, such as maximizing their wealth, meeting education expenses, preparing for safer retirement, or handling assets.

  • Chartered Financial Analyst (CFA)

182 East 16th St Suite D, Yuma, AZ 85364

Expertise.com Rating

Review Sources

Google
4.9 (7)
Yelp
5.0 (1)

Why choose this provider?

Yuma Investment Group is a financial services company that helps clients throughout the metro. It handles various services, such as retirement, tax, and insurance planning. The company works with business owners in various areas, including company valuation and succession planning. It also provides investment management solutions and guides clients on domestic and global investments. The company's founder, Tom Rush, has over two decades of experience in the financial services industry. He is a designated Accredited Investment Fiduciary from the Center for Fiduciary Studies.

  • Certified Financial Planner (CFP)

Compare our Top Financial Advisors

NameExpertise RatingAddressPromotionsLearn more
SmartAdvisor by SmartAsset
Yuma, AZFree Consultation
Invicta Financial Group
2615 East 24th Street Suite 2, Yuma, AZ 85365
Yuma Investment Group
182 East 16th St Suite D, Yuma, AZ 85364

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.

  • What are the types of tax-advantaged accounts in Yuma?

    The two types of tax-advantaged accounts available to individuals in Yuma are tax-deferred and tax-exempt accounts. While the former is funded with pre-tax income and taxes withdrawals, the latter is funded with after-tax income and so withdrawals are not taxed. Examples of tax-deferred accounts include 401(k) or 403(b) plans, traditional IRAs, and 529 plans, while Roth IRAs, Roth 401(k)s, and health savings accounts are tax-exempt.

  • Who can open a Yuma health savings account?

    For a Yuma resident to be eligible for contributing the full allowable amount to a health savings account, they must be covered under a high-deductible health plan on the first day of the last month of the tax year. The advantages of health savings accounts are three-fold, as they permit tax-deductible contributions, tax-free growth, and tax-free qualified distributions.

  • What are the risks that Yuma investors must consider?

    One of the main risks that investors in Yuma must keep in mind is market risk, which is the prospect of an investment’s value decreasing due to fluctuating conditions of the market or economy. This is different from inflation risk, which concerns the asset’s purchasing power, and interest rate risk, which is the possibility of invested assets declining.

  • How can Yuma investors manage risk?

    In order to mitigate risk, investors in Yuma may employ strategies such as portfolio diversification, which is investing one’s assets in different companies, industries, and asset classes. Another risk mitigation strategy is stop-loss orders, which is a tool that allows investors to sell a stock once it reaches a particular price level.

  • Are investment expenses in Yuma tax-deductible?

    Investors in Yuma who itemize their tax returns may be able to claim investment interest expenses, which is the interest on money borrowed for taxable investments, as tax deductions. While this includes interest on margin or investment property loans, it does not apply to municipal bond interest or other forms of income taxed at lower, long-term capital gains tax rates.

  • 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.