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2024

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Best Financial Advisors in Orem, UT

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

27Reviewed

18Curated

6Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider
SmartAdvisor by SmartAsset logo

SmartAdvisor by SmartAssetExpertise.com

Orem, UT
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
  • Retirement Planning
  • Financial Planning
  • Investment Management

Orem, UT

Expertise.com Rating

Why choose this provider?

Need help contacting a Financial Advisor in Orem? 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.

6440 South Wasatch Boulevard East Suite 150, Salt Lake City, UT 84121

Expertise.com Rating

Review Sources

Facebook
5.0 (5)
Google
4.0 (1)

Why choose this provider?

Cambridge Financial Group delivers financial solutions to individuals and families in Orem and the surrounding areas. The financial advisory firm provides retirement income planning, business planning, and insurance protection. It helps clients make informed decisions regarding their lifestyle, investment, and tax practices. Other services include life insurance, portfolio management, retirement distribution modeling, and business succession strategies. Founded in 2000, Cambridge Financial Group provides seminars on financial education. Associate partner, Darcy Johansen, is a Financial Services Specialist.

  • Estate Planning
  • Retirement Planning
  • Finance Planning

357 E 1200 S, Orem, UT 84058

Expertise.com Rating

Why choose this provider?

Myers Financial Services helps the residents of Orem obtain financial success. The firm serves healthcare professionals, retirees, women investors, and families through financial planning. The process involves analyzing a client’s stage of life, short- and long-term goals, and risk tolerance to present appropriate strategies. It also helps protect a client’s wealth through wealth management services. Branch manager, Mark E. Myers, has amassed over 21 years of experience. He is a Certified Financial Planner and Certified Divorce Financial Analyst.

  • Certified Financial Planner (CFP)

821 North 900 West Suite 304, Orem, UT 84057

Expertise.com Rating

Why choose this provider?

Timpanogos Financial Advisors is a firm serving Orem residents. It advises clients and assists them in developing plans to help them manage their finances and achieve their financial goals. It provides a range of services covering asset management, cash flow, debts, insurance plans, legacies, and taxes. It guides clients in handling their assets in the event of significant changes in their lives that might impact their finances, such as a divorce or the death of a loved one.

  • Certified Financial Planner (CFP)

462 East 800 North, Orem, UT 84097

Expertise.com Rating

Review Sources

Google
4.0 (4)

Why choose this provider?

First Purpose Wealth offers a variety of services to help clients in Orem achieve their financial goals. It provides diversified investment services, guiding individuals in managing their wealth and advising them about their investment ventures. The firm's advisors customize financial plans, offering options and strategies for achieving retirement goals. In addition, they assist in trust management and wealth transition preparation, as well as in tax optimization. Its chief financial strategist, Timothy Whipple, is a CFP and a Certified Private Wealth Advisor who draws on multiple financial disciplines when counseling clients.

  • Certified Financial Planner (CFP)

Compare our Top Financial Advisors

NameExpertise RatingAddressPromotionsLearn more
SmartAdvisor by SmartAsset
Orem, UTFree Consultation
Cambridge Financial Group
6440 South Wasatch Boulevard East Suite 150, Salt Lake City, UT 84121
Myers Financial Services
357 E 1200 S, Orem, UT 84058
Timpanogos Financial Advisors
821 North 900 West Suite 304, Orem, UT 84057
First Purpose Wealth
462 East 800 North, Orem, UT 84097

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.

  • Can a financial advisor help you draft your living trust in Orem?

    If you are planning to draft a living trust in Orem, you may need to seek the services of both your financial advisor and your estate lawyer. These professionals can each complement their different expertise as you will have both the financial and legal sides of an estate covered.

  • Can you have both a 401(k) and an IRA account in Orem?

    Yes, you can have both a 401(k) and an IRA account in Orem at the same time. A 401(k) account does not affect your IRA contribution eligibility. However, your income will affect how your contributions to an IRA account will be taxed, as certain limits exist. If you determine that you have over-contributed to your IRA account, you will need to withdraw the excess amount before filing taxes.

  • Is tax diversification applicable for retirees in Orem?

    Yes, tax diversification applies to everyone, including retirees, who pay taxes in Orem and across the state of Utah. It is a strategy that spreads your investments across different accounts with different tax rates. The three main accounts you can utilize in a tax diversification plan are taxable accounts, tax-deferred accounts, and tax-free accounts.

  • If you are in Orem, what are the advantages of a Roth IRA?

    The advantages of a Roth IRA are the same in Orem as in the rest of the country. Having a tax-free withdrawal during your retirement years can ultimately have an effect on your income in the long run. You may also leave your Roth IRA funds intact, as there are no required minimum distributions. Roth IRAs can also be utilized in estate planning, enabling you to provide tax-free assets to your heirs.

  • What are private equity funds in Orem?

    Private equity funds in Orem refer to company investments or shares that are not publicly listed. However, do note that these shares cannot be liquidated as fast as public stock. Hence, they would be harder to sell. They are considered a long-term investment and may require a higher minimum investment.

  • 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.