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Best Financial Advisors in Yonkers, NY

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

52Reviewed

33Curated

6Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

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

SmartAdvisor by SmartAssetExpertise.com

Yonkers, 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
  • Retirement Planning
  • Investment Management

6 Old Lane, Scarsdale, NY 10583

Expertise.com Rating

Review Sources

Facebook
5.0 (3)

Why choose this provider?

Financial Advisory Network, LLC, provides personalized financial solutions to clients in Yonkers. The firm mainly caters to the retirement planning needs of engineering companies and their employees. Its services prepare clients in transitioning to retirement life. It also guides clients in securing plans for Social Security, Medicare, and long-term care and creating wealth accumulation strategies. In addition, the firm's financial professionals help clients utilize their retirement plans to generate income and minimize taxes.

  • Certified Financial Planner (CFP)

81 Pondfield Road, Bronxville, NY 10708

Expertise.com Rating

Why choose this provider?

Servicing Bronxville, Yonkers and nearby areas, Aragona Financial Strategies helps individuals, families, and businesses protect their wealth and obtain financial security. It assists customers with security, estate, retirement, business, and college planning. It also offers various insurance products such as life, disability, critical care, and long-term care insurance. The owner of the firm, Joseph F. Aragona, is a member of The Society of Financial Service Professionals and earned his ChFC and CLU designations from the American College of Life Underwriters.

  • Estate Planning
  • Retirement Planning

55 Pondfield Road, Bronxville, NY 10708

Expertise.com Rating

Review Sources

Google
5.0 (2)

Why choose this provider?

Capital Preservation Partners is a financial advisory and wealth management firm that serves Yonkers and the surrounding areas. Its financial experts assist clients in analyzing their present positions, assessing their situations, and deciding on an implementation strategy that enables them to achieve their goals. Its services include financial planning, retirement planning, education funding, estate and wealth management, and tax strategy planning. Managing director and co-founder Kevin Mullins is a lawyer, CPA, and CFA practitioner who specializes in estate planning and business law.

  • Certified Financial Planner (CFP)

66 Palmer Avenue, Bronxville, NY 10708

Why choose this provider?

Eaglestone Advisors LLC is a financial services firm serving Yonkers and the surrounding communities. Its team assists clients in different areas, such as performance improvement, transformative leadership, business valuation, private equity services, restructuring, and mergers and acquisitions. The firm works with various industries including healthcare, real estate, and energy & power. One of the firm's partners, Fred Stupart, has 25 years of combined experience as an investor, banker, and lawyer.

  • Estate Planning

Compare our Top Financial Advisors

NameExpertise RatingAddressPromotionsLearn more
Cedar Hill Financial Group, LLC
67 Forest St, Suite 271, Yonkers, NY 01752Complimentary Consultation
SmartAdvisor by SmartAsset
Free Consultation
Financial Advisory Network LLC
6 Old Lane, Scarsdale, NY 10583
Aragona Financial Strategies
81 Pondfield Road, Bronxville, NY 10708
Capital Preservation Partners
55 Pondfield Road, Bronxville, NY 10708
Eaglestone Advisors LLC
66 Palmer Avenue, Bronxville, NY 10708

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 are the requirements for becoming a financial advisor in Yonkers?

    In Yonkers, becoming a financial advisor requires a series of steps. First, one must acquire a degree in a finance-related field for them to obtain a firm grasp of fiscal concepts. Following this, attaining certifications such as the CFA or CFP is vital. The final step involves establishing their own New York-registered IA firm or aligning with an already-registered IA as an IAR.

  • What is an Exchange Traded Fund, and why might it be a suitable option for an investor from Yonkers?

    An Exchange Traded Fund or ETF offers a cost-efficient route for Yonkers-based investors to earn market-correlated gains. This strategy involves purchasing a set of securities reflecting the entire market or a specific slice. The expenses incurred encompass a modest transaction fee, typically below $10, and a consistent expense ratio, a fee for fund administration. Opting for ETFs with minimal expense ratios can enhance the long-haul financial performance of investors in Yonkers.

  • What is a financial life planner, and what advantages can individuals in Yonkers gain by working with one?

    A financial life planner is a professional who goes beyond traditional financial planning, considering aspects like spirituality, behavior, and culture. Collaborating with a financial life planner in Yonkers provides numerous benefits. They help individuals bridge the gap between present desires and future needs, balancing current and future financial goals. With personalized guidance, their approach ensures financial plans align with unique circumstances, leading to a more meaningful financial life.

  • What steps can residents of Yonkers take to prepare for a potential economic downturn?

    Residents of Yonkers can prepare for a potential economic downturn by comprehending their monthly outlays and increasing their savings. Being fully informed about one's spending patterns, especially in light of recent inflation, is vital. If the savings appear inadequate, the emphasis should be on elevating the cash buffer. In these uncertain times, one should approach large expenditures with caution. Taking steps to protect one's financial health can alleviate strain during an economic slump.

  • What are the essential steps attorneys from Yonkers should consider in formulating a comprehensive retirement plan?

    For attorneys in Yonkers, establishing a comprehensive retirement plan necessitates efficiently managing debt, setting realistic timelines, and formulating a future budget. Contributing maximally to a 401(k) is also recommended. Moreover, legal professionals should exercise prudent risk in investment decisions and develop a strategic withdrawal plan to circumvent needless penalties. Seeking guidance from a trusted financial consultant can facilitate these processes, ensuring a relaxed post-career life.

  • 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.