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2024

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Best Financial Advisors in Syracuse, NY

Our Recommended Top 12

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

43Reviewed

30Curated

12Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider
SmartAdvisor by SmartAsset logo

SmartAdvisor by SmartAssetExpertise.com

Syracuse, NY
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

Syracuse, NY

Expertise.com Rating

Why choose this provider?

Need help contacting a Financial Advisor in Syracuse? 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.

225 Wilkinson Street, Syracuse, NY 13204

Expertise.com Rating

Review Sources

Google
5.0 (39)
Facebook
5.0 (12)

Why choose this provider?

Excelsior Wealth Partners is an investment advisory firm that serves individuals throughout Syracuse and the surrounding areas. The firm assists clients in developing retirement strategies and educates them about insurance planning, estate conservation, and investing. Additionally, the firm provides an array of tax services for individuals and small business owners alike. Matthew Dauksza, CEO of the firm, is a recipient of various awards, including Syracuse Business Journal's CNY Transformational Leader of the Year award in 2016.

  • Certified Financial Planner (CFP)

507 Plum Street, Syracuse, NY 13204

Expertise.com Rating

Review Sources

Facebook
5.0 (9)
Google
5.0 (4)

Why choose this provider?

Blue Water Capital Management, LLC, is an independent financial advisory firm assisting individuals and businesses in Syracuse. It offers investment management, financial planning, and concierge services, such as reviewing documents or contracts and liaising with attorneys or accountants. The firm also provides retirement plan design and consulting services. One of its founding partners, Stephen D. Swift, is a Chartered Financial Consultant. He has been in the financial services industry for more than 33 years.

  • Estate Planning
  • Retirement Planning
  • Insurance Products

5793 Widewaters Parkway, Syracuse, NY 13214

Expertise.com Rating

Review Sources

Google
5.0 (1)

Why choose this provider?

Hill & Associates Financial Services, Inc. serves individuals and families in Syracuse. This firm offers financial planning strategies that cover cash flow analysis, retirement, estate, social security, and buy and sell funding. Moreover, it assists clients in diversifying their portfolios by investing in different areas, such as stocks, mutual funds, bonds, exchange-traded funds, and fixed and variable annuities. It follows a protection-first approach in making investment plans and strategies. Its President, Milton A. Hill, started in the financial services industry in 1972.

  • Estate Planning
  • Retirement Planning

120 Madison Street, Syracuse, NY 13202

Expertise.com Rating

Why choose this provider?

Diversified Capital Management, LLC, provides financial products and planning services for clients in Syracuse. It offers customized financial programs and assists clients in constructing asset allocation strategies, retirement plans, family plans, estate plans, and emergency reserve plans. The firm also guides clients in disability and life insurance planning. Managing member and principal William T. Kriesel has been in the accounting industry since 1986. He served as past president of the Estate Planning Council of Central New York.

  • Certified Financial Planner (CFP)

443 North Franklin Street, Syracuse, NY 13204

Expertise.com Rating

Why choose this provider?

CenterBridge Planning Group is an investment and financial management company that serves clients in the Syracuse area. It offers financial planning services to help clients manage their finances during major life events and transitions, such as divorce, marriage, job changes, and pregnancy. It also provides consultation and advising services for individuals who are planning for inheritance and designing college funds. One of its partners, Andrew “Andy” Burr, has been in the industry since 2008 and is focused on investment selection and analysis.

  • Certified Financial Planner (CFP)

5760 Commons Park, East Syracuse, NY 13057

Expertise.com Rating

Review Sources

Google
5.0 (1)

Why choose this provider?

Diversified Wealth Strategies caters to clients in Syracuse needing financial advisory services. It offers wealth management services to help individuals in asset accumulation, estate planning, taxation, and risk management. It provides assistance to clients who want to plan and manage their retirement savings. One of the company's partners, Richard I. Kalina, has been working in the financial industry since 1984. Kalina was also recognized by the Commonwealth Financial Network as the Founder's Club advisor of 2017.

  • Certified Financial Planner (CFP)

120 East Washington Street, Syracuse, NY 13202

Expertise.com Rating

Review Sources

Google
5.0 (12)

Why choose this provider?

Arabella Wealth Advisors is a financial advisory firm serving clients in Syracuse. It offers a wide range of financial products and services, such as investment management, personal and business financial planning, stock option analysis, and retirement planning. The firm educates clients on the financial concepts that govern insurance, investing, and wealth preservation. Owner David W. Treichler had handled more than $160 million in client assets for the M&T Investment Group. He is also a member of the Center State Corporation for Economic Opportunity.

  • Retirement Planning

5789 Widewaters Parkway, DeWitt, NY 13214

Expertise.com Rating

Review Sources

Google
5.0 (2)

Why choose this provider?

OMC Financial Services, Ltd. is a firm of financial advisors and investment planners that caters to clients' wealth management needs in the Syracuse metro. The firm has over 39 years of financial planning experience. It provides services such as investment management, estate planning, retirement planning, IRA rollover, and business consultations. It was founded by Chartered Financial Consultant Cynthia Scott. She is a frequent financial guest on the noontime news program of WSTM-TV3. Scott was featured in the Syracuse Woman Magazine in 2014.

  • Estate Planning
  • Retirement Planning

5845 Widewaters Parkway, East Syracuse, NY 13057

Expertise.com Rating

Review Sources

Google
5.0 (2)

Why choose this provider?

Pinnacle Investments LLC is an independent firm that offers extensive wealth management, advisory, and investment services for clients in the Syracuse area. Affiliated with the Wells Fargo Company, First Clearing, the firm provides services such as financial planning, asset management, traditional brokerage, and employer-sponsored retirement plans. With a combined experience of over five decades, founders Gregg Kidd and Dan Raite had worked together for 10 years as producers at a wirehouse before establishing their own financial management firm in 1996.

  • Certified Financial Planner (CFP)

250 South Clinton Street, Syracuse, NY 13202

Why choose this provider?

Founded in 2009, Vavonese Financial Services assists residents of the Syracuse metro and nearby communities. The firm provides a wide range of financial planning services such as business planning, insurance protection planning, risk management, stock management, and 401(k) planning and development. It caters to individuals preparing for retirement or anyone wanting to grow and secure their finances. James Vavonese, president and CEO of the firm, is a Chartered Financial Consultant specializing in deferred and executive compensation and business planning.

  • Business Formation

Compare our Top Financial Advisors

NameExpertise RatingAddressPromotionsLearn more
SmartAdvisor by SmartAsset
Syracuse, NYFree Consultation
Excelsior Wealth Partners
225 Wilkinson Street, Syracuse, NY 13204
Blue Water Capital Management, LLC
507 Plum Street, Syracuse, NY 13204
Hill & Associates Financial Services, Inc.
5793 Widewaters Parkway, Syracuse, NY 13214
Diversified Capital Management, LLC
120 Madison Street, Syracuse, NY 13202
CenterBridge Planning Group
443 North Franklin Street, Syracuse, NY 13204
Diversified Wealth Strategies
5760 Commons Park, East Syracuse, NY 13057
Arabella Wealth Advisors
120 East Washington Street, Syracuse, NY 13202
OMC Financial Services, Ltd.
5789 Widewaters Parkway, DeWitt, NY 13214
Pinnacle Investments, LLC
5845 Widewaters Parkway, East Syracuse, NY 13057
Vavonese Financial Services
250 South Clinton Street, Syracuse, NY 13202

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.

  • When can you withdraw from your IRA in Syracuse?

    You can start making withdrawals from your individual retirement accounts (IRAs) at any time in Syracuse. However, if you start withdrawing before the age of 59½, you will be subjected to a 10 percent tax penalty. Additionally, there are some exceptions to the 10 percent early-withdrawal penalty, which include the death of the IRA owner, disability, medical insurance, first home purchase, and substantially equal periodic payments (SEPPs).

  • What is the difference between a traditional IRA and a Roth IRA in Syracuse?

    The main difference between a traditional individual retirement account (IRA) and a Roth IRA in Syracuse, New York is that a traditional IRA enables you to contribute a portion of pre-tax dollars, while a Roth IRA allows you to contribute post-tax dollars. In addition, a traditional IRA can help you increase your money tax-free, whereas, with a Roth IRA, your money increases tax-deferred.

  • When should you start taking annual RMDs from your traditional IRA in Syracuse?

    You generally have to start taking annual required minimum distributions (RMDs) from your traditional IRA, or other retirement plan accounts, in Syracuse, New York from the age of 73. You can take your first RMD by April 1 of the year after you turn 73 years old. Thereafter, you can take an RMD by December 31 every year.

  • How to protect your disabled child with estate planning in Syracuse?

    One of the most common ways to protect your disabled child through estate planning in Syracuse, New York is to take advantage of government benefit programs for their healthcare and other necessities, such as the Supplemental Security Income (SSI) and Medicaid benefits. You can also set up a supplemental needs trust for your child, also known as a special needs trust, which acts as a source of maintenance or support.

  • When can you start getting social security benefits in Syracuse?

    You can start receiving your social security retirement benefits in Syracuse, New York at the age of 62. However, it is recommended that you delay getting your benefits until you reach your full retirement age or the age of 70, so that you can take advantage of the full benefits you are entitled to. If you start receiving your social security benefits early, your benefits are expected to be reduced every month before your full retirement age.

  • 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.