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2024

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Best Financial Advisors in Bakersfield, CA

Our Recommended Top 12

We did the research for you!

  • Licensing
  • User Reviews
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Our goal is to connect people with the best local professionals. We scored Bakersfield Financial Advisors on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

85Reviewed

55Curated

12Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider
SmartAdvisor by SmartAsset logo

SmartAdvisor by SmartAssetExpertise.com

Bakersfield, CA
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
  • Investment Management
  • Retirement Planning
  • Financial Planning

Bakersfield, CA

Expertise.com Rating

Why choose this provider?

Need help contacting a Financial Advisor in Bakersfield? 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.

2222 E Street, Bakersfield, CA 93301

Expertise.com Rating

Review Sources

Google
5.0 (10)
Facebook
4.5 (8)
Yelp
5.0 (3)

Why choose this provider?

California Retirement Plans is a financial advisory firm helping individuals in Bakersfield achieve their financial targets. Financial advisors at this company draft wealth accumulation, asset protection, annuities, and retirement income strategies. The firm delivers retirement and insurance solutions to state and federal employees through the "Retirement Roadmap." This roadmap guides pre-retirees and retirees through their benefits packages, allowing them to make the most informed decisions possible. Andy Barkate, the company's president, served as an on-air financial consultant in radio and TV programs.

5060 California Avenue, Bakersfield, CA 93309

Expertise.com Rating

Why choose this provider?

Founded by Steven Barnes in 1986, Barnes Wealth Management Group caters to individuals and businesses in Bakersfield. It offers financial planning services through focused planning, including personalized cash flow-based planning, risk management, and social security analysis. It examines the client's family index number, which shows the individual rate of return needed to pursue the set financial goals. Moreover, it identifies the risk factors and creates a protection plan to counteract them. Barnes Wealth Management Group comprises different professionals, ranging from investment strategists to tax planners.

  • Estate Planning
  • Certified Financial Planner (CFP)
  • Retirement Planning

4925 Commerce Drive, Bakersfield, CA 93309

Expertise.com Rating

Why choose this provider?

Trovato Wealth Management is a Bakersfield-based independent wealth management and financial planning company. It is owned and operated by Joe Trovato, who has been serving clients around the metro for more than 20 years. It helps businesses, families, and individuals distribute and preserve their wealth. It also assists in developing financial plans to pursue clients' retirement, college, estate, and investment goals. Trovato Wealth Management is also available for long-term care, stock option planning, and risk management solutions.

  • Estate Planning
  • Private Wealth Advisor
  • Tax Preparation

8700 Stockdale Highway, Bakersfield, CA 93311

Expertise.com Rating

Review Sources

Yelp
4.0 (5)

Why choose this provider?

Moneywise Wealth Management is a team of financial advisors committed to helping the Bakersfield community by providing financial advice regarding financial planning, goal funding, asset allocation, 401(k), retirement, and investment advisories. They have experience working with a wide range of clients, from construction companies to event planners, in developing written policies to determine investment goals and risk profiles. The team also has a radio show named The Moneywise Guys. It also produces daily podcasts and appears on local news media.

  • Insurance Products
  • Tax Planning

5301 Office Park Drive, Bakersfield, CA 93309

Expertise.com Rating

Why choose this provider?

The Zuk Financial Group offers advisory services to residents of Bakersfield and the surrounding areas. The firm works with educators, pre-retirees and retirees, businesses, and non-profits to achieve their financial goals. Clients are profiled according to their risk appetites before developing strategies that fit with their needs. Daniel Raymond, the company's managing principal, has been in the industry for more than 20 years. He has worked in various organizations where he handles over $2-billion in assets.

  • Private Wealth Advisor
  • Tax Planning

2028 17th Street, Bakersfield, CA 93301

Expertise.com Rating

Review Sources

Google
4.8 (29)

Why choose this provider?

Based in Bakersfield, the Golden Valley Team is a part of the not-for-profit financial services organization called Thrivent. It works with clients to create a personalized financial strategy and provides ongoing financial guidance to help them reach their targets. It also assists clients with retirement savings accounts, mutual funds, annuities, traditional and Roth IRAs, and investments. Terry Cornelius, a wealth advisor at the firm, has the Chartered Financial Consultant and the Fraternal Insurance Counselor designations.

  • Retirement Planning
  • Insurance Products

5500 Ming Avenue, Bakersfield, CA 93309

Expertise.com Rating

Why choose this provider?

Wealth Target Investment Advisors LLC is a financial advising firm that offers its services to residents of Bakersfield and the neighboring communities. It provides a broad range of services, including investment management, retirement income planning, business succession planning, and insurance. Owner Larry Menna possesses both a CFP and an AIF designation. He has been in the finance industry for more than 26 years. He provides financial guidance to clients who are saving for future eventualities like college and retirement.

  • Retirement Planning

5001 California Avenue, Bakersfield, CA 93309

Expertise.com Rating

Review Sources

Google
5.0 (1)
Facebook
5.0 (1)

Why choose this provider?

Charpentier Wealth Strategies has been offering financial planning services to individuals, families, and business owners in Bakersfield since 1989. It focuses on different areas of planning, including but not limited to college funding strategies, wealth protection and investment planning, tax strategies, and retirement and estate planning. The firm identifies the client's current insurance and protection goals to determine if there is a need for additional need for replacement of income or asset, estate preservation or proper continuation of the client's business, and tax efficiency.

  • Certified Financial Planner (CFP)
  • Tax Planning

841 Mohawk Street, Bakersfield, CA 93309

Expertise.com Rating

Review Sources

Google
5.0 (5)

Why choose this provider?

Rozell Wealth Management helps the residents of Bakersfield make comprehensive financial plans. Its financial planning services cover insurance review, income and retirement plans, and tax efficiency maximization. Clients receive assistance in the investment management process, including strategy development and implementation and guidance in navigating their transitional wealth planning options. Founder Rylan Rozell is a Certified Financial Planner and Certified Divorce Financial Analyst who established the company in 2009. He likewise owns and operates property management and real estate brokerage firms.

  • Certified Financial Planner (CFP)
  • Retirement Planning
  • Tax Planning

5401 Business Park South, Bakersfield, CA 93309

Expertise.com Rating

Review Sources

Yelp
5.0 (1)

Why choose this provider?

Howard Financial is an independent registered investment advisor (RIA) firm serving individuals and business clients in Bakersfield and the nearby areas. It provides financial advice in several areas, including asset maximization, income planning, and legacy planning. It also guides clients concerning investments, retirement strategies, and risk management to help maximize and protect their wealth. Lance Howard founded the firm in 1995. His expertise led him to host the "Asset Protection Hour" on KERN-Talk for five years.

  • Certified Financial Planner (CFP)

Compare our Top Financial Advisors

NameExpertise RatingAddressPromotionsLearn more
SmartAdvisor by SmartAsset
Bakersfield, CAFree Consultation
California Retirement Plans
2222 E Street, Bakersfield, CA 93301
Barnes Wealth Management Group
5060 California Avenue, Bakersfield, CA 93309
Trovato Wealth Management
4925 Commerce Drive, Bakersfield, CA 93309
Moneywise
8700 Stockdale Highway, Bakersfield, CA 93311
Zuk Financial Group
5301 Office Park Drive, Bakersfield, CA 93309
Golden Valley Team
2028 17th Street, Bakersfield, CA 93301
Wealth Target Investment Advisors LLC
5500 Ming Avenue, Bakersfield, CA 93309
Charpentier Wealth Strategies
5001 California Avenue, Bakersfield, CA 93309
Rozell Wealth Management
841 Mohawk Street, Bakersfield, CA 93309
Howard Financial
5401 Business Park South, Bakersfield, CA 93309

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 strategies should individuals in Bakersfield consider when paying off their debts?

    Individuals in Bakersfield should first address their high-interest credit card debts and personal loans in their budgeting plan. These types of liabilities tend to pile up quickly due to their steep interest rates. They should also steer clear from payday loans, which often escalate a momentary cash crunch into an unsustainable cycle of high-cost debts that are tough to settle.

  • How can a single-income individual in Bakersfield effectively prepare for retirement?

    In Bakersfield, a person depending solely on one income must prioritize early retirement planning. One recommended strategy involves maximizing contributions to employer-offered 401(k) plans, ensuring they at least meet the level to obtain the employer match. If feasible, reaching the annual contribution limit is advisable. Additionally, individuals aged 50 and above should leverage catch-up contributions. By making wise savings decisions, single individuals can secure financial stability and independence during their later years.

  • What is the importance of legacy planning for someone in Bakersfield considering retirement?

    Legacy planning is crucial for an individual in Bakersfield considering retirement as it extends beyond the limits of traditional estate planning. While the latter manages material wealth distribution and future incapacitation scenarios, legacy planning protects and passes on one's personal values, morals, and beliefs that fuel their success. It employs tools like wills, revocable living trusts, powers of attorney, and advanced medical documents, ensuring one's legacy persists and final wishes are respected.

  • What are the key advantages for high-net-worth individuals in Bakersfield in choosing one reliable financial advisor over multiple financial institutions?

    High-net-worth individuals in Bakersfield stand to gain substantially by employing a singular, trustworthy financial advisor. This approach offers cost savings owing to a reduction in account fees. Additionally, it streamlines fiscal management through unified statements and paperwork. It fosters efficient investment strategy formulation and eases portfolio rebalancing, all through a singular liaison who thoroughly understands the client's financial spectrum. This strategy not only simplifies financial oversight but also enables informed decision-making, minimizing the risk of irreversible fiscal errors.

  • What should Bakersfield residents do if they can't afford to pay their full tax bill immediately?

    Bakersfield residents who are unable to pay their full tax obligation promptly can make partial payments to minimize late penalties calculated on remaining dues. They can apply for an IRS installment agreement, allowing monthly payments over three to five years. Approval might take up to 90 days, and a setup fee of $34 will be added to the balance. This path also prevents threatening IRS communications and tax liens, provided payments are timely.

  • 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.