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Best Financial Advisors in Davenport, IA

Our Recommended Top 7

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

29Reviewed

20Curated

7Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider
SmartAdvisor by SmartAsset logo

SmartAdvisor by SmartAssetExpertise.com

Davenport, IA
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
  • Financial Planning
  • Retirement Planning

Davenport, IA

Expertise.com Rating

Why choose this provider?

Need help contacting a Financial Advisor in Davenport? 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.

5177 Utica Ridge Rd., Davenport, IA 52807

Expertise.com Rating

Review Sources

Facebook
5.0 (7)

Why choose this provider?

Quad Cities Investment Group is a team of financial advisors serving families and individuals in Davenport. The firm specializes in life and business planning, risk management, investment solutions, estate planning, and charitable giving. The company also gives back to the community by supporting charities and non-profit organizations. Scott Stoltenberg, an advisor and founding partner of Quad Cities Investment Group, is a certified public accountant who developed his work ethic while growing up on their family farm.

  • Estate Planning
  • Financial Planning
  • Investment Advisor

1704 E 54th St, Davenport, IA 52807

Expertise.com Rating

Why choose this provider?

Five Cities Financial helps Davenport clients in managing and preserving their wealth. It guides in planning for retirement by addressing individuals' concerns such as when to retire, what kind of lifestyle to maintain, and what legacy they wish to leave. Its advisors create financial plans and support their implementation. In addition, they recommend tools for improving investment portfolios and strategies for launching a new business. Partner James E Houghton has CLU, ChFC, CASL, and RICP certifications. Their team has over 140 years of financial planning experience.

  • Retirement Planning
  • Investment Management
  • Financial Planning

5153 Utica Ridge Road, Davenport, IA 52807

Expertise.com Rating

Review Sources

Facebook
5.0 (64)
Google
4.6 (7)

Why choose this provider?

Noble Birch Wealth Management is a financial advisory firm in Davenport. It provides its clients with objective consultations on their tax reduction opportunities, investment portfolio, and retirement income distribution plan. The firm also offers a guided wealth portfolio, which includes benefits such as a personalized roadmap, consistent monitoring, and holistic advice from a dedicated financial advisor. Noble Birch Wealth Management has developed its own process known as Wealthscan 360, a three-step process that consists of discovery, planning, and recommendations.

  • Certified Financial Planner (CFP)

201 West 2nd Street Suite 700, Davenport, IA 52801

Expertise.com Rating

Why choose this provider?

Plan 2 Thrive Financial Services is a financial advisory firm that serves individuals, families, and businesses in Davenport and neighboring areas. With more than 30 years of collective experience, its team develops financial plans that entail cash flow analysis, debt management, educational funding, and estate planning. It also provides advice on financial matters related to retirement, investment, insurance, and life events. Patrick Reid, one of the firm's partner financial advisors, has earned the Retirement Income Certified Professional designation.

  • Certified Financial Planner (CFP)

3289 Utica Ridge Rd, Bettendorf, IA 52722

Expertise.com Rating

Review Sources

Google
5.0 (5)

Why choose this provider?

Nikulski Financial Inc. offers money advice and planning services to residents of Davenport. The firm assesses every client's risk capacity and tolerance then builds for them an investment portfolio based on both factors. The team emphasizes the use of equity and fixed income exchange-traded funds, individual stocks, and individual bonds. This is due to these being tax-efficient and low-cost. The office also offers software tools to allow for easy access to a customer's investments online.

  • Estate Planning
  • Financial Planning

Compare our Top Financial Advisors

NameExpertise RatingAddressPromotionsLearn more
SmartAdvisor by SmartAsset
Free Consultation
Quad Cities Investment Group
5177 Utica Ridge Rd., Davenport, IA 52807
Five Cities Financial
1704 E 54th St, Davenport, IA 52807
Noble Birch Wealth Management
5153 Utica Ridge Road, Davenport, IA 52807
Plan 2 Thrive Financial Services
201 West 2nd Street Suite 700, Davenport, IA 52801
Nikulski Financial, Inc.
3289 Utica Ridge Rd, Bettendorf, IA 52722

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.

  • Is it safe for entrepreneurs to make business investments in Davenport?

    Yes, it is safe for entrepreneurs to make business investments in Davenport. The city has a thriving economic development with a staff that regularly works with different businesses, from Sears Manufacturing to Kraft Heinz. It also encourages collaboration between investors and economic development partners within the city, including Iowa American Water, Downtown Davenport Partnership, and Quad Cities First.

  • Why do Davenport-based individuals need to perform risk tolerance assessments?

    Davenport-based individuals should perform risk tolerance assessments to ensure that current investments match their portfolios. Financial advisors often use risk questionnaires that include various factors, like an investor's monetary goals, income, and age. The results from these assessments often give individuals an idea about their risk tolerance classification and what type of investments they should make.

  • What are the advantages of having alternative investments in Davenport?

    In Davenport, individuals who choose to make alternative investments can immediately expand their portfolios through cryptocurrency, real estate, or private equity funds. This is advantageous for investors since they can be more flexible in dividing their assets while meeting their monetary goals. Another advantage of having these types of investments is their potential to generate higher returns and reduce market volatility.

  • Why should Davenport-based individuals hire fee-only financial advisors?

    Davenport-based individuals should hire fee-only advisors since most are fiduciaries registered under the National Association of Personal Financial Advisors. Those with fiduciary duties are required to put their client's interests first by developing a comprehensive financial plan that includes tax strategy management, wealth accumulation, and charitable planning. They also avoid conflicts of interest by not accepting commissions.

  • How can Davenport residents know if their financial advisor is legitimate?

    Davenport residents can know that their financial advisor is legitimate if the professional holds a license under the Financial Industry Regulatory Authority. The organization advises locals to conduct an online background check by visiting the portal at https://brokercheck.finra.org/. They can also contact the Iowa Insurance Division by dialing (515) 654-6600.

  • 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.