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Best Financial Advisors in Worcester, MA

Our Recommended Top 10

We did the research for you!

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

50Reviewed

34Curated

10Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

67 Forest St, Suite 271, Worcester, 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
  • Certified Financial Planner (CFP)
  • Tax Planning
  • Retirement Planning
SmartAdvisor by SmartAsset logo

SmartAdvisor by SmartAssetExpertise.com

Worcester, 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

324 Grove Street, Worcester, MA 01605

Expertise.com Rating

Review Sources

Google
4.0 (4)

Why choose this provider?

Archstone Financial is a financial advisory firm with an office in Worcester. It guides clients in determining their investment needs and learning what options fit their unique circumstances. The financial planning and advice it provides clients include investment management and planning, retirement planning, education funding, insurance planning, and estate planning. Archstone Financial was founded in 2015 by five partners who have decades of experience in the industry and hold different certifications, such as CFP, CLU, CRPC, CLTC, and CIMA.

  • Certified Financial Planner (CFP)

446 Main Street, Worcester, MA 01608

Expertise.com Rating

Why choose this provider?

Carl P. Sherr & Co., LLC is a financial services company that serves clients in Worcester since 1964. The company provides financial planning solutions through a multi-step approach. It drafts individualized financial plans and offers investment management services and monitors clients' diversified portfolios. Carl Sherr, the company's founder and president, is the former chairman of the Small Firm Advisory Committee under the National Association of Securities Dealers. He is considered one of the pioneers of the "discount brokerage" concept.

  • Certified Financial Planner (CFP)

255 Park Avenue, Worcester, MA 01609

Expertise.com Rating

Why choose this provider?

Boyd Financial Strategies, Inc., a financial advisory firm established in 1983, serves individuals and businesses throughout the Greater Worcester area. It is composed of financial planners, insurance advisors, wealth managers, and attorneys. They help their clients take charge of their finances through budgeting, as well as investment, college, estate, retirement, and generational planning. Rosemarie A. Boyd, the founder of the company, achieved her financial planning certification in 1985 and is in charge of all the financial planning matters at the firm.

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

311 Main Street, Worcester, MA 01615

Expertise.com Rating

Why choose this provider?

B&D Advisors, which has offices in Worcester, Boston, and Framingham, has been providing financial services for 30 years. Its financial planning process involves understanding portfolios and goals, assessing financial statuses, creating and implementing strategies based on approved recommendations, and keeping track of portfolio progress. The company was established by the law firm Bowditch & Dewey, LLP. One of its financial advisors, Michael D. Brockelman, is a CFP and former Estate and Business Planning Council of Worcester County president with a background in taxation.

  • Certified Financial Planner (CFP)
  • Insurance Products

108 Grove Street, Worcester, MA 01605

Why choose this provider?

Larson, Potter, Stratton & Cote Financial is an independent financial planning and asset management firm serving clients in Worcester. It provides an assortment of wealth management services, such as financial planning, retirement planning, and tax reduction strategies. The company's principal advisors have more than 100 years of industry experience, including managing partner Drew K. Stratton who has been in financial management services for over 25 years. He has been named as a Leaders Level advisor for 2020.

  • Estate Planning
  • Retirement Planning

370 Main Street, Worcester, MA 01608

Expertise.com Rating

Review Sources

Google
5.0 (1)

Why choose this provider?

Bartholomew & Company is a financial and investment planning company that serves individuals and families throughout Worcester. It offers a wide range of services, including investment management, as well as retirement, tax, education, estate, and insurance planning. For businesses, the firm handles risk management, executive, and succession planning solutions. Company founder Thomas Bartholomew established the firm in 1994. He has received various industry awards, such as being ranked among the Financial Times 400 Top Financial Advisors from 2015 to 2020.

  • Certified Financial Planner (CFP)

400 Donald Lynch Boulevard, Marlborough, MA 01752

Expertise.com Rating

Why choose this provider?

Tinsley Financial Group, LLC, is a Marlborough-based firm that serves the Worcester area. Covered in its range of wealth management services is retirement planning, which involves addressing concerns regarding IRAs, qualified employer-sponsored plans, and executive deferral plans. Furthermore, the financial planners from this firm provide retirement consulting services for both employees and employers, and they also offer risk management and estate planning assistance. David N. Tinsley, one of the company's advisors, worked in the banking field prior to entering the financial services industry in 1980.

  • Certified Financial Planner (CFP)
  • Retirement Planning

11 Foster Street, Worcester, MA 01608

Expertise.com Rating

Review Sources

Google
5.0 (4)

Why choose this provider?

Headquartered in Worcester, Joffrey Smith Financial Group provides investment advisory and management services. It is a full-service firm handling a client's whole financial picture, including investments, estates, taxes, retirement plans, and cash flow management. Additionally, it reviews insurance policies to check if the person is adequately covered should the unexpected happen. The company's namesake and CEO, Joffrey Smith, has been serving the community for 18 years. Smith is a Certified Financial Planner and a Chartered Financial Consultant.

  • Estate Planning
  • Certified Financial Planner (CFP)

Compare our Top Financial Advisors

NameExpertise RatingAddressPromotionsLearn more
Cedar Hill Financial Group, LLC
67 Forest St, Suite 271, Worcester, MA 01752Complimentary Consultation
SmartAdvisor by SmartAsset
Worcester, MAFree Consultation
Archstone Financial
324 Grove Street, Worcester, MA 01605
Carl P. Sherr & Co., LLC
446 Main Street, Worcester, MA 01608
Boyd Financial Strategies, Inc.
255 Park Avenue, Worcester, MA 01609
BD Advisors
311 Main Street, Worcester, MA 01615
Larson, Potter, Stratton & Cote Financial
108 Grove Street, Worcester, MA 01605
Bartholomew & Company
370 Main Street, Worcester, MA 01608
Tinsley Financial Group, LLC
400 Donald Lynch Boulevard, Marlborough, MA 01752
Joffrey Smith Financial Group
11 Foster Street, Worcester, MA 01608

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 structural variations exist between mutual funds and exchange-traded funds in Worcester?

    Mutual funds consolidate capital used to make investments to pursue the goals outlined in the prospectus for the funds. The resulting assets are managed by investment companies in Worcester. On the other hand, ETFs are blocks of shares moved by an investment company toward an objective. Broker-dealers sell ETFs, which trade similarly to stocks and are listed on stock exchanges.

  • Which is preferable from an investment standpoint, buying or leasing a car in Worcester?

    The best decision from an investment standpoint would depend on a person's income, lifestyle, and preferences. Residents in Worcester who choose to purchase one enjoy ownership with no restrictions and interests if bought in cash. However, the value of cars depreciates over time. Leasing is a strategy to consider if you like a new car every few years. Leasing requires lower monthly payments as it considers depreciating value, but penalties may also arise due to mileage limits.

  • How can people in Worcester establish a strong financial base?

    People in Worcester need pillars to support their short- and long-term financial well-being. This entails building a good relationship with a local or national bank, setting up an emergency fund, and establishing a workplace retirement plan. Additionally, you should plan for your estate strategy and invest in an insurance program appropriate to your circumstances.

  • What can residents in Worcester do with their saved money?

    If retirement is a top priority, Worcester residents should consider tax-advantaged investments. An example is 401(k)s which are employer-sponsored and taken out of paychecks directly. Individuals who anticipate accessing their funds before retirement should place them in a separate account. They can also invest these funds based on their risk tolerance.

  • How are financial advisors compensated in Worcester?

    In Worcester, commissions from the sale of financial products like mutual funds or insurance policies are one of the most typical forms of payment for financial advisors. Advisors can also charge clients for their investment management and financial planning services. In addition, some advisors might get rewards or incentives based on how well their clients' investments perform.

  • 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.