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Best Financial Advisors in Cambridge, MA

Our Recommended Top 6

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

30Reviewed

20Curated

6Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

67 Forest St, Suite 271, Cambridge, MA 01752
WebsiteLicense: 5813774

Expertise.com Rating

Review Sources

Google
5.0 (5)

Why choose this provider?

Financial planning can be challenging; Cedar Hill Financial Group simplifies things. Their first priority is always acting in their client's best interest. That means providing personalized, comprehensive financial advice, along with data driven portfolios. Whether it is planning for retirement, saving for college, or getting a comprehensive financial plan in place, they can help. With over a decade of industry experience, they are committed to helping clients pursue their financial goals. Securities and advisory services offered through LPL Financial, a registered investment advisor. Member FINRA/SIPC.

  • Estate Planning
  • Investment Management
  • Tax Planning
  • Certified Financial Planner (CFP)
  • Retirement Planning
SmartAdvisor by SmartAsset logo

SmartAdvisor by SmartAssetExpertise.com

Cambridge, MA
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

200 Berkeley Street 10th Floor, Boston, Ma 02116

Expertise.com Rating

Review Sources

Google
4.9 (12)
Yelp
1.0 (2)

Why choose this provider?

Deloitte is a company that helps Cambridge residents in need of financial planning assistance. With more than 175 years of service, it has been assisting clients in dealing with various financial aspects, such as investment management, insurance, real estate, and capital markets. It also provides expertise in handling a wide variety of marketplace challenges involving multistate tax operations, enterprise technology, and audit innovation. Deloitte was included in The Civic 50's list of Most Community-Minded Businesses for six consecutive years.

  • Chartered Financial Analyst (CFA)

301 Edgewater PL Suite 400, Wakefield, MA 01880

Expertise.com Rating

Review Sources

Google
5.0 (1)

Why choose this provider?

Flagship Wealth Advisors, LLC, is a financial planning and wealth management firm serving the Cambridge metro. Established in 1997, the firm offers wealth and asset management, investment counseling, and retirement, college fund, and estate planning. It acts as a fiduciary wealth advisor and is mandated to focus on the client's best interests. The firm also provides long-term care and life insurance products. Founder Paul V. Ryan Jr. is a Certified Financial Planner and is licensed in all 50 U.S. states.

  • Financial Planning
  • Wealth Management

1500 West Park Drive Suite 100, Westborough, MA 01581

Expertise.com Rating

Review Sources

Google
4.3 (3)

Why choose this provider?

Legacy Financial Advisors, Inc., is a wealth management firm that has been helping families and businesses achieve financial independence since 1974. It offers financial planning, investment strategies, and insurance products to clients in Cambridge and surrounding areas. Managing partner Paul Mauro holds membership at the Million Dollar Round Table and the National Association of Insurance and Financial Advisors. The firm supports numerous charity organizations like the Ascentria Care Alliance and Team Never Stop Fighting ALS.

  • CFA Charterholder
  • Financial Planning

80 Central Street, Suite 150, Boxborough, MA 01719

Expertise.com Rating

Review Sources

Google
5.0 (1)

Why choose this provider?

Antaeus Wealth Advisors is a financial planning and management agency that serves clients in the Cambridge metro and its surrounding cities. It recommends personalized strategies based on its clients' personal investment objectives and preferences. It offers services such as financial and retirement planning, as well as wealth management solutions. It also assists clients seeking both financial and social returns through socially responsible investments. The agency's founder and managing partner, A.J. Sohn, is an Accredited Investment Fiduciary and a member of the Financial Planning Association.

  • Certified Financial Planner (CFP)

Compare our Top Financial Advisors

NameExpertise RatingAddressPromotionsLearn more
Cedar Hill Financial Group, LLC
67 Forest St, Suite 271, Cambridge, MA 01752Complimentary Consultation
SmartAdvisor by SmartAsset
Cambridge, MAFree Consultation
Deloitte
200 Berkeley Street 10th Floor, Boston, Ma 02116
Flagship Wealth Advisors LLC
301 Edgewater PL Suite 400, Wakefield, MA 01880
Legacy Financial Advisors, Inc.
1500 West Park Drive Suite 100, Westborough, MA 01581
Antaeus Wealth Advisors
80 Central Street, Suite 150, Boxborough, MA 01719

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.

  • How do financial advisors in Cambridge assist retirees in funding their grandchildren's education?

    Financial advisors in Cambridge can assist retirees in opening 529 plan accounts for their grandchildren, allowing them to invest in the gifts while ensuring that the funds are solely for educational purposes. The funds in the 529 plan will be used to pay for K-12 and college expenses; however, there is a $15,000 annual gifting limit per person. Financial advisors can also help retirees create a financial plan that accounts for the possibility of having more grandchildren in the future.

  • How much do retirees need to save for healthcare expenses in Cambridge?

    A Healthview Services study estimates that retirees in Cambridge can expect lifetime healthcare costs of around $59,389 before inflation. However, these healthcare costs are determined by a variety of factors, including drug costs, surgical or rehabilitation bills, and payments for hearing aids, dental care, and eyeglasses. Individuals in Cambridge should think about a variety of government programs and insurance policies, such as Medicare Supplement and Social Security Benefits, as well as their investments and savings, to plan for healthcare expenses in retirement.

  • What is a fee-only financial advisor in Cambridge?

    A fee-only financial advisor in Cambridge is compensated solely by their client through a set rate for their services and does not receive commissions from referrals or the sale of investment products such as annuities, unit trusts, and bonds. Fee-only financial advisors in Cambridge typically charge a flat fee of $1,500 to $3,000, $150 to $400 per hour, or 0.25% of assets under management. These professionals typically follow the National Association of Personal Financial Advisors' ethical standards.

  • How much is the renewal registration fee for investment advisors in Cambridge?

    According to the Massachusetts Uniform Securities Act, investment advisors in Cambridge must pay $300 to renew their registration and $50 to investment adviser representatives. Payments are due on the last day of the calendar year and are electronically filed in the Investment Adviser Registration Depository system. Except for those identified as active military on the last day of the year by the Central Registration Depository in Cambridge, these fees are nonrefundable.

  • Who can hire a financial advisor in Cambridge?

    Financial advisors in Cambridge can help individuals, married couples, and those starting a family build wealth and protect assets through investment management and trust and estate planning. They help nonprofits and institutions improve their cash flow and open deposit accounts. Financial advisors in Cambridge can also help private equity and venture capital firms with financing options, liquidity needs, and short- and long-term loans.

  • 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.