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2024

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Best Financial Advisors in Torrance, CA

Our Recommended Top 11

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

45Reviewed

31Curated

11Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider
SmartAdvisor by SmartAsset logo

SmartAdvisor by SmartAssetExpertise.com

Torrance, 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
  • Financial Planning
  • Investment Management
  • Retirement Planning

Torrance, CA

Expertise.com Rating

Why choose this provider?

Need help contacting a Financial Advisor in Torrance? 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.

21250 Hawthorne Blvd Suite 500, Torrance, CA 90503
WebsiteLicense: 158752

Expertise.com Rating

Review Sources

Google
5.0 (1)

Why choose this provider?

Dorsey Wealth Management works mostly with women and couples entering their post-work years in Torrance, helping them achieve financial goals that are in line with their retirement plans. The team creates comprehensive financial plans that include debt management, cash flow management, and tax and estate planning. It also works on investment portfolios. Dorsey Wealth Management has been featured in several news outlets, including U.S. News & World Report, Bloomberg, CNBC, and Yahoo! Finance. The firm is a member of the National Association of Personal Financial Advisors.

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

529 North Kilkea Drive, West Hollywood, CA 90048

Expertise.com Rating

Review Sources

Yelp
5.0 (7)
Google
5.0 (2)

Why choose this provider?

David Rae CFP is a Los Angeles financial planner catering to clients from Torrance. He aids clients in tax, retirement, and financial planning and offers guidance in investment management and life insurance. He strives to make the topic of finances fun for his clients and references pop culture when needed. As an accredited investment fiduciary, David has guested on The Today Show, Nightline on ABC, and USA Today. He is the primary author for the Financial Planner LA Blog and a contributor to Forbes.com.

  • Certified Financial Planner (CFP)

1848 South Elena Avenue, Redondo Beach, CA 90277

Expertise.com Rating

Review Sources

Google
4.5 (2)

Why choose this provider?

Signature Estate & Investment Advisors, LLC, offers financial planning and investment management in Torrance. It provides recommendations in tax planning, risk management, estate planning, wealth management, and business planning. It also provides guidance on college savings, retirement, pension, and 401(k) plans. The firm's president and CEO, Brian D. Holmes, has been in the industry for more than 35 years. He made the list of 145 advisors in Barron's Hall of Fame in 2019 and was featured in Worth Magazine's "Leading Wealth & Legal Advisors" from 2010 to 2019.

  • Retirement Planning
  • Tax Planning
  • Business Formation

28924 South Western Avenue, Rancho Palos Verdes, CA 90275

Expertise.com Rating

Why choose this provider?

McCallister Financial Group has been helping clients in Torrance manage their finances since 1993. It develops tailored retirement plans, helping individuals assess their savings and income and prepare for their retirement lifestyles. It also offers different financial planning services for clients' estate, insurance, and taxes. Rick McCallister, the company founder, is an investment coach with more than three decades of experience in the finance industry. McCallister Financial Group is a member of the American Mensa and National Tax Sheltered Accounts Association.

  • Retirement Planning

19191 South Vermont Avenue, Torrance, CA 90502

Expertise.com Rating

Review Sources

Google
4.7 (6)

Why choose this provider?

Established in 1988, Independent Capital Management, Inc., serves clients in Torrance. The firm's advisors help individuals, families, and business owners build wealth and preserve their assets by providing financial planning solutions covering retirement, education, insurance policies, estates, and business succession. The professionals at Independent Capital Management also specialize in investment advisory, real estate, and lending. Founder Drew S. Marloe has been active in the financial services industry for over 35 years.

  • Estate Planning
  • Retirement Planning

17822 17th Street, Tustin, CA 92780

Expertise.com Rating

Why choose this provider?

Inception Financial Services is a Torrance boutique financial firm dedicated to assisting people who lead complex financial lives. Its professionals aim to help clients improve their risk management and tax efficiency, as well as develop customized retirement strategies that address their specific needs. Its services include estate management, investment strategies, retirement planning, and financial planning. Tony Parish, the Chief Investment Officer, is well-versed in multi-asset portfolio quantitative modeling. He began his career as a financial writer for Investor Relations Magazine before going into portfolio management.

  • Estate Planning
  • Retirement Planning

3858 West Carson Street Suite 201, Torrance, CA 90503

Expertise.com Rating

Review Sources

Yelp
5.0 (1)

Why choose this provider?

Mancuso Wealth Management is a financial advisory firm that caters to clients in Torrance and the surrounding communities. It offers a wide array of services, such as college, estate, money purchasing, profit sharing, and retirement planning. In addition, the firm provides assistance with brokerage accounts, common stocks, government securities, treasury bills, and variable annuities. Educational, Roth, and traditional IRAs are also handled. Andrew Mancuso, the firm's president, is an enrolled agent who holds the Certified Financial Planner designation.

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

565 Pier Avenue, Hermosa Beach, CA 90254

Expertise.com Rating

Review Sources

Google
5.0 (14)

Why choose this provider?

Sparrow Wealth Management is a team of financial advisors who serve clients in Torrance and the surrounding areas. It helps clients meet their personal and financial goals through various services such as the management of investments and the review of monthly accounts. It also provides quarterly performance reports, which include a summary of activities. The firm is approved by Dimensional Fund Advisors to manage investments and mutual funds. It has also been a member of the National Association of Personal Financial Advisors since 2001.

  • Certified Financial Planner (CFP)

Compare our Top Financial Advisors

NameExpertise RatingAddressPromotionsLearn more
SmartAdvisor by SmartAsset
Torrance, CAFree Consultation
Navigoe
417 Beryl Street, Redondo Beach, CA 90277
Dorsey Wealth Management
21250 Hawthorne Blvd Suite 500, Torrance, CA 90503
David Rae CFP
529 North Kilkea Drive, West Hollywood, CA 90048
Signature Estate & Investment Advisors, LLC
1848 South Elena Avenue, Redondo Beach, CA 90277
McCallister Financial Group
28924 South Western Avenue, Rancho Palos Verdes, CA 90275
Independent Capital Management, Inc.
19191 South Vermont Avenue, Torrance, CA 90502
Inception Financial Services
17822 17th Street, Tustin, CA 92780
Mancuso Wealth Management
3858 West Carson Street Suite 201, Torrance, CA 90503
Sparrow Wealth Management
565 Pier Avenue, Hermosa Beach, CA 90254

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 reasons for maintaining a long and large mortgage in Torrance?

    There are several reasons why it is favorable to maintain a long and large Torrance mortgage. A mortgage does not affect the home’s value but lets one’s equity and home’s value grow. Mortgage payments become lighter with time and have low or fixed interest rates, allowing greater liquidity for investing elsewhere. Its interests are also tax-favorable and tax-deductible. Mortgages allow one to sell the home without actually selling it by refinancing it with a new mortgage and pocketing the equity.

  • Should Torrance residents choose mutual funds over exchange-traded funds?

    Torrance residents can choose between EFTs or exchange-traded funds and mutual funds by comparing their advantages. Mutual funds are easier to use and are more accessible. They may be obtained through different investment platforms and usually have low investment requirements. They also offer diversification to help spread and reduce risk. ETFs are a collection of bonds or stocks traded in major stock exchanges. They are passively managed, have lower expense ratios than many mutual funds, and provide liquidity and transparency.

  • Why should women in Torrance plan more for their retirement?

    Women in Torrance have unique challenges in saving for retirement. Factors that impact their savings include their longer life expectancy, which means they need more money for old age. Women also have to contend with the existing gender pay gap, where they earn only around 83.7 percent of men’s paychecks. Latina and African American women are paid even less. Women also spend more time away from work during maternity leave and usually care for elderly relatives.

  • What does retirement planning mean for Torrance residents?

    For Torrance residents, retirement planning can start at any time or age, and may consist of two main components: regularly setting aside money in a manner that is tax-advantageous and making informed investment decisions that can grow the money in order to obtain a stream of livable income during old age. When planning for retirement, a financial advisor’s assistance may be useful, especially if they understand long-term investment strategies, tax law, and annuity products, among other financial planning aspects.

  • What does wealth management mean for Torrance residents?

    For Torrance residents, wealth management may be a bit synonymous with asset and investment management. In general, however, it involves a broader range that may include investing in real estate, art collections, and other things that contribute to personal wealth aside from investments or assets not usually considered debt and equity instruments.

  • 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.