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Best Financial Advisors in Davie

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Advanced Tax Advisors logo
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Advanced Tax Advisors

7860 Peters Road Suite F-107, Plantation, FL 33324
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  • Tax Planning
  • Tax Preparation
  • Retirement Planning

Business Description

Advanced Tax Advisors serves individuals and businesses in Davie. It provides a wide range of financial and tax services that include retirement planning, financial statement preparation, and IRS tax audit representation. It helps real estate professionals and Amazon sellers facilitate compliance with applicable standards, rules, and regulations. Founder Jose A. Ramirez is a corporate accountant who is committed to helping businesses develop cash-saving systems. He is a member of the National Association of Enrolled Agents.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Google
4.9 / 5 (99)
Facebook
5.0 / 5 (30)
Yelp
4.0 / 5 (5)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
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Empire Tax Service logo
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Empire Tax Service

4807 S State Rd 7, Davie, FL 33314
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  • Tax Planning
  • Tax Preparation

Business Description

Empire Tax Service serves individuals and businesses in Davie. It helps clients achieve their financial goals through an array of financial planning services that include credit repair, business consulting, tax planning and preparation, and wealth accumulation. To keep themselves updated on new laws, regulations, and techniques, its tax preparers participate in continuous training and seminars. The owner, Revel DeSouza, has more than 14 years of experience working in the real estate, tax preparation, and mortgage industries.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
5.0 / 5 (53)
Facebook
4.1 / 5 (8)
Yelp
1.0 / 5 (1)
Financial 1 Tax logo
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Financial 1 Tax

150 S. Pine Island Road, Suite 360, Plantation, FL 33324
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  • Tax Planning
  • Retirement Planning
  • Financial Planning

Business Description

Financial 1 Tax is a full-service elder law, estate, retirement, and tax planning firm serving Davie. It advises clients on investment and tax strategies to help them reach their financial goals and preserve their wealth. Clients who are either retired or contemplating retirement can also opt for a variety of services including Roth IRA conversion strategies, social security tax reduction, and estate, tax, and will planning. Its personalized service includes legal assistance regarding wills and trusts. The firm has locations in Miami, Baltimore, and the Greater DC metro.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.5
Facebook
5.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Freedom Advisory, LLC logo
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Freedom Advisory, LLC

500 East Broward Boulevard Suite #1710, Fort Lauderdale, FL 33394
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  • Certified Financial Planner (CFP)
  • Financial Planning
  • Wealth Management

Business Description

Freedom Advisory, LLC, is an independent advisory firm that serves clients in Davie and the surrounding communities. Its wide array of wealth management services includes determining the right investment strategies, recommending appropriate insurance coverages, managing taxes, preparing for or transitioning into retirement, and leaving assets to their families. For over 13 years, the full-time fiduciary wealth management has been offering financial planning advice to the Hispanic market. It also serves clients in Puerto Rico and the U.S. Virgin Islands.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Integrity Wealth Planning logo
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Integrity Wealth Planning

7901 SW 6th Court, Suite 320, Plantation, FL 33324
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  • Certified Financial Planner (CFP)

Business Description

Located in Plantation, Integrity Wealth Planning caters to clients across Davie. It helps individuals manage their assets through financial planning solutions, including retirement, education, and insurance planning. The company also works with lawyers to provide estate planning services. Its other solutions include investment management, and it has experience with assets like stocks, government securities, and bonds. Founder Susan Hurschman has over 30 years of experience in the finance field. She is a Certified Chartered Financial Consultant by The American College.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (3)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Legacy Wealth Management logo
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Legacy Wealth Management

1250 South Pine Island Road #350, Plantation, FL 33324
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  • Certified Financial Planner (CFP)
  • Financial Planning
  • Wealth Management

Business Description

Legacy Wealth Management offers a broad range of services, including financial planning, asset management, risk management, trust services, and environmental, social, and governance investing. Serving its clients in Davie, the firm's team has a collective experience of a century and a half in complex financial matters. Managing principal and CIO Tony DuBose co-founded the firm. He holds an Accredited Investment Fiduciary designation and has more than two and a half decades of experience as a wealth advisor.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
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Morris C. Esquenazi logo
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Morris C. Esquenazi

19950 W Country Club Dr Suite 802, Aventura, FL 33180
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  • Financial Planning

Business Description

Morris C. Esquenazi is a financial advisor for Northwestern Mutual Wealth Management Company who offers advice on financial planning, insurance, investments, employee benefits, and executive services for clients in Davie. He helps them with retirement, disability, and long-term planning by teaching them how much to save and where to keep it. He also guides them on how to manage risks when handling estate, business, special needs, and education planning. Esquenazi has been providing financial management solutions for the past 10 years.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.6
Google
4.6 / 5 (11)
Facebook
5.0 / 5 (2)
Yelp
3.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Northstar Financial Planners Inc. logo
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Northstar Financial Planners Inc.

1250 S. Pine Island Road, Suite 275, Plantation, FL 33324
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  • Certified Financial Planner (CFP)

Business Description

Northstar Financial Planners, Inc., is a company based in Plantation. This financial advisory firm serves individuals, couples, families with special needs, pre-retirees, and special-risk employees throughout Davie. It assists clients in determining their goals and helps them in developing financial strategies. It also offers wealth management, investment consulting, and advanced planning services. Allen Giese, president of the firm, is a Chartered Special Needs Consultant, Chartered Life Underwriter, and Chartered Financial Consultant. He has been in the financial advisory industry since 1991.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (3)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Tobias Financial Advisors logo
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Tobias Financial Advisors

1000 S. Pine Island Road, Suite 450, Plantation, FL 33324
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  • Estate Planning
  • Retirement Planning

Business Description

Tobias Financial Advisors offers wealth management solutions to families and individuals in the Davie metro. Its range of services includes cash flow and investment management and retirement and estate planning. The company also deals with college, legacy, and charitable planning. In addition, it creates wealth transfer and tax planning strategies to help clients secure financial protection. Tobias Financial Advisors has been in business since 1980. Its team brings over 40 years of combined industry experience.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Tree of Life logo
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Tree of Life

9720 Stirling Rd. Suite 108, Cooper City, FL 33024
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  • Retirement Planning

Business Description

Tree of Life Wealth Advisory Group offers investment advisory and asset management in the Davie area. The firm's advisors assist clients in the financial planning process in learning about what is important to them, defining their goals, and unearthing any worries they may have. The firm also offers estate and legacy planning, retirement income solutions, insurance risk management, and financial education workshops. Olga C. Espiritu, CFP®, the company's founder, worked for 11 years at a Wall Street investment firm.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
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Frequently Asked Questions

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.

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.

What does a financial advisor do?

Financial advisors can have many types of specialties. Generally, a financial advisor advises on or helps to execute a financial plan. Some examples include assisting people with getting out of debt, building out an investment portfolio, and handling taxes.

How much money do I need to work with a financial advisor?

There’s no specific income level you need in order to work with a financial advisor, but there may be a minimum investment amount for certain types of services. Some financial advisors won’t manage your money unless you have $100,000 or more to invest, but this isn’t the case with financial coaches or robo-advisors.

What does a financial coach do?

Financial coaches focus on improving your financial literacy and money management skills. For example, they can help you figure out how to pay down your student loans or decide how much money to put away for retirement. They usually charge by the hour and don’t offer asset management services or investment advice.

When should I use a financial advisor vs. doing it myself?

Smart money management can give you freedom and comfort. Being responsible with your money makes it possible to meet goals and pay for major expenses. A financial advisor is trained and can offer you expertise that would otherwise take years to learn. They know how to save you money and make it go further.

How do I know if my financial advisor is trustworthy?

Because financial advisors aren’t licensed or regulated, it’s up to the client to make that determination for themselves. However, if your advisor is a fiduciary, that means they’re legally bound to act in your best interest. Some types of advisors, including Certified Financial Professionals (CFPs), are held to fiduciary standards.

What\'s the difference between a financial advisor and a financial planner?

The term financial advisor is a broad phrase that encapsulates many specialties, including financial planner. It's similar to how doctor applies to different physicians, while a cardiologist is a specialty doctor. A financial planner helps their client plan to achieve long-term financial goals, such as saving for a house or retirement.

Are financial advisor fees tax deductible?

Until 2018, financial advisor fees were tax deductible as a miscellaneous expense. However, the Tax Cuts and Jobs Act elimited that deduction until at least 2025.

What is a financial consultant?

A financial consultant and a financial advisor are essentially the same. In recent years, financial consultant has become a less popular term, with financial advisor being much more common. Sometimes, the financial professional may opt for the term consultant when offering services to a business rather than an individual.

What is a robo-advisor?

A robo-advisor is essentially an algorithm that manages your investment portfolio for you. Because their services are automated, you’ll pay less than you would for a human advisor — often between 0.25% and 0.50%. They don’t require large initial investments either, making them a popular choice for entry-level investors. However, you won’t get the same level of advice that you would get from a personal financial advisor.

What makes someone a fiduciary?

Fiduciary is a legal term for a person who has a legal or ethical responsibility to act in your best interests. For example, a trustee and a beneficiary. A financial advisor may have a fiduciary obligation to make financial choices that are best for you, even if it means they earn less in commissions or fees.

How often should I meet with my financial advisor?

After your initial meeting, you may only need to check in with your financial advisor on a quarterly or annual basis. Ask them in advance how often you can expect to hear from them, and whether they offer in-person, phone, or virtual meetings.

Should your financial advisor be a fiduciary?

It’s important to understand that only some — not all — financial advisors have a fiduciary obligation to their clients. Always ask your financial advisor if they’re bound by fiduciary duty. If not, it’s possible that they’ll push products or services that earn them the highest commission, not necessarily what’s best for you. Opt for a financial advisor bound by fiduciary duty whenever possible.

Can my financial planner help with taxes?

Financial advisors aren’t necessarily accountants or tax preparers, so don’t expect them to prepare your taxes for you. However, they may be able to provide tax-related advice to help you optimize your returns and deductions. If you need an advisor who can file your taxes, look for one who is also a CPA (Certified Public Accountant).

Do I need a financial advisor?

Ask yourself if a financial advisor can fill a need or solve a problem you can’t easily handle on your own. They can be helpful in a wide variety of ways, such as building budgets or financial plans, finding ways to save money on taxes, creating an investment portfolio, or offering investment advice.

How do financial advisors get paid?

Clients pay to work with a financial advisor whether it’s through fees, commissions, or salaries. If they’re paid by client fees or commissions, their salary is tied to how much business they bring in. The harder they work, the more they make. In comparison, a salaried employee is guaranteed their wage no matter how many clients they have.

What experience should I look for in a financial advisor?

 If you have specific goals or a unique financial situation, look for a financial advisor with expertise in that area. For example, some financial advisors specialize in working with millennials or focus on socially responsible investing.

How much does a financial advisor cost?

A financial advisor’s costs depend on their fee structure. Some advisors charge a fee — either hourly or a percentage of the client assets under management. Another common option is to charge a commission on the products sold or investments made.

Should I hire a financial advisor before buying a house?

While not always necessary, a financial advisor could help you decide how large of a mortgage to apply for, how much money to put down, and how to balance the purchase with other savings and investment goals.

How many financial advisors are there in the U.S.?

According to the U.S. Bureau of Labor Statistics, it’s estimated that there are 218,050 financial advisors. California is the state with the highest employment of financial advisors across the nation.

Do banks offer financial advisors?

Yes, many banks have financial advisors on staff. Your bank may also offer incentives to work with their financial advisors, such as lower fees or free accounts. However, it's important to note that many of the bank's financial advisors don't have a fiduciary obligation and might prioritize the bank's products above all else. There is a cost when working with your bank's financial advisor.

Should I hire a wealth manager?

A wealth manager can help offer complex financial planning services, including tax guidance, estate planning, and legal assistance. While you don't have to be a high-income earner to benefit from a financial advisor, a wealth manager is typically for those that have a high net worth. However, many people build wealth and need a wealth manager later on in life.

Is wealth management worth it?

Wealth management is typically worth it for those who need help with multiple endeavors or comprehensive financial situations, such as charitable contributions or investment portfolio management, or want to protect their assets. A wealth manager can also offer you guidance if you’ve been neglecting your finances or making poor judgements.

How can you tell if a financial advisor is bad?

Your relationship with your financial advisor is a very personal one, as you’re trusting them with your wealth and future. Some general signs that your financial advisor is bad include:

  • They can’t answer your financial questions
  • You have worked with them for a while but haven’t seen a financial improvement
  • They don’t provide you with progress reports
  • They don’t check in with you

What do you need to be a financial advisor?

As mentioned, there are over 100 types of certifications for financial advisors. The training or experience you need will depend on which specialty you want to pursue. Generally, financial advisors need to have:

  • A Bachelor’s degree
  • A General Securities Representative license (Series 7 license)
  • A Certified Financial Planner (CFP) certification isn’t mandatory but is often preferred

Where do financial advisors work?

Where a financial advisor works will depend on what type of financial advisor they are. Financial advisors can work at a variety of places, including:

  • Securities and commodity brokers
  • A bank
  • A credit union
  • Independently
  • Insurance companies
  • Financial investment firms
  • Small investment advisory firms

How much do financial advisors make?

In 2019, the national average salary for a financial advisor was $87,850. However, it’s important to note the average salary varies from state to state and the different focus areas — an investment advisor may make a lot more than a financial planner. Lastly, salary can depend on how the individual is getting paid. Financial advisors can be paid by client fees, commissions, or salaries.

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