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Best Financial Advisors in Springfield, MA

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



7Top Picks

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featured provider = Featured Provider
SmartAdvisor by SmartAsset logo

SmartAdvisor by

Springfield, MA
Free Consultation 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
  • Retirement Planning
  • Investment Management
  • Financial Planning

Springfield, MA Rating

Why choose this provider?

Need help contacting a Financial Advisor in Springfield? 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.

1 Main Street, Springfield, MA 01144 Rating

Why choose this provider?

FR Investment Group is a Springfield-based financial planning firm. It provides services such as planning for higher education funding, implementing risk management strategies, planning for retirement, and coordinating employee benefits. It also assists with long-term asset accumulation strategies, tax reduction strategies, intergenerational wealth transfer planning, estate conservation, and business succession strategies. Peter Cote, the president of FR Investment Group, is a Certified Financial Planner and has co-authored "A Consumer's Guide to Finding a Financial Advisor" in 2011.

  • Certified Financial Planner (CFP)

1351 Main Street, Springfield, MA 01103 Rating

Why choose this provider?

Joyce Financial is a financial services provider based in Springfield. It offers financial, education, retirement, and estate planning services. It also advises clients on business planning and investment strategies. John H. Joyce runs Joyce Financial. He is well-versed in disability income and life insurance planning. The professional is a member of the Baystate Business Network. Joyce works with the director of operations, Lori Elek, who has more than 18 years of investment experience.

  • Estate Planning

535 East Street, Ludlow, MA 01056 Rating

Review Sources

5.0 (2)

Why choose this provider?

Pioneer Valley Financial Group, an independent financial advisory firm founded in 2002, serves Springfield clients. Its services include wealth management such as asset accumulation, risk management, and tax minimization. The firm also empowers companies with succession planning, executive compensation, and business planning. It guides families on estate planning and college funding matters. Pioneer Valley Financial Group gives back to the community with its scholarship program, Plan With A Purpose, which honors local high school graduating students.

  • Estate Planning
  • Retirement Planning

1 Monarch Place, Springfield, MA 01144 Rating

Why choose this provider?

Grenier Financial Advisors offers financial planning services for individuals and families in the Springfield area. Its financial advisors provide retirement planning, investment planning, education savings planning, and estate planning services. They also assist clients in protecting their financial wellbeing and managing their financial assets. Pat Grenier, principal of the firm, has over three decades of experience in the industry. She is a Certified Financial Planner and has served as a board member of various organizations, including the Women’s Partnership of the Springfield Chamber of Commerce.

  • Estate Planning
  • Certified Financial Planner (CFP)

1252 Elm Street, West Springfield, MA 01089 Rating

Review Sources

5.0 (1)

Why choose this provider?

In Springfield, Fedor Financial Group, LLC provides comprehensive financial services to individuals, multi-generational families, and small business owners. These include insurance planning, investment management, and life insurance analysis. Retirement income planning, tax management strategies, and basic estate review are also offered. Founder David E. Fedor is an independent financial advisor and has been in the financial services industry since 1994. He is also recognized as the Founder’s Club advisor for 2020 by the Commonwealth Financial Network.

  • Certified Financial Planner (CFP)
  • Retirement Planning

Compare our Top Financial Advisors

NameExpertise RatingAddressPromotionsLearn more
SmartAdvisor by SmartAsset
Springfield, MAFree Consultation
FR Investment Group
1 Main Street, Springfield, MA 01144
Joyce Financial
1351 Main Street, Springfield, MA 01103
Pioneer Valley Financial Group
535 East Street, Ludlow, MA 01056
Grenier Financial Advisors
1 Monarch Place, Springfield, MA 01144
Fedor Financial Group, LLC
1252 Elm Street, West Springfield, MA 01089


  • 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.

  • In Springfield, what things should you discuss with financial advisors during follow-up consultations?

    In Springfield, during follow-up consultations or mid-year check-ins, you should focus on reviewing how much progress you've made towards the financial goals you initially set with your financial advisors, such as retirement plans, investing objectives, and debt management strategies. You should work with your advisor to course-correct any errant factors that came up between creating your financial plan and the current date and discuss possible future outcomes concerning your budget and investments.

  • Are donations to charitable crowdfunding efforts tax deductible in Springfield?

    Generally, donations to charitable crowdfunding efforts, such as donation drives on social media or dedicated websites, are tax deductible in and around Springfield. You must ensure that the crowdfunding effort you are donating to is a charity recognized by the IRS, which you can do using the government entity's online database.

  • In Springfield, what are some of the things you need to know before you start investing?

    In Springfield, financial advisors would tell you to avoid waiting for favorable market conditions before investing and instead regularly invest in a broad or diversified portfolio of assets to minimize risk while still getting returns. If you are a full-time employee, it is also suggested that you enroll in your company's retirement or pension plan because it is generally a low-risk investment with employee tax advantages.

  • At what age should you plan for your retirement finances in Springfield?

    There is no one-size-fits-all ideal age to start planning for retirement finances in Springfield, but there are advantages to investing in your retirement at an earlier age. If you start planning for your retirement in your 20s, you can invest aggressively because uncertain market conditions have minimal impact on your finances due to their long-term nature. Generally, you also have fewer financial obligations at an earlier age, allowing you to invest a larger portion to your retirement.

  • Is cryptocurrency a worthwhile asset to add to your financial plan in Springfield?

    You can add cryptocurrency to your financial plan in Springfield, provided you understand the risks attached. Cryptocurrencies are highly volatile assets, with no central institution governing or monitoring their value or quantity. Bitcoin, a popular form of cryptocurrency, has a history of massive increases and decreases in value over a year, sometimes increasing its value by 1,000% from the previous year or dropping up to 80% of its value in a short period of time.

  • 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.