Expertise.com

2024

Last updated:

Best Financial Advisors in Daytona Beach

Our Recommended Top 9

We did the research for you!

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

22Reviewed

16Curated

9Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider
SmartAdvisor by SmartAsset logo

SmartAdvisor by SmartAssetExpertise.com

Daytona Beach, FL
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

Daytona Beach, FL

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Why choose this provider?

Need help contacting a Financial Advisor in Daytona Beach? 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.

1111 Douglas Ave, Altamonte Springs, FL 32714
WebsiteLicense: 120990

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Review Sources

Google
5.0 (16)

Why choose this provider?

Certified Financial Group, Inc., has been serving clients in Daytona Beach since 1976. Its founder, Joseph Bert, is a member of the Financial Planning Association. The firm's team of fiduciaries performs checkups on matters affecting an individual's finances, such as tax liability, risk management, investment, estate, and social security, as part of its commitment to serving its clients as financial doctors. In addition, the firm is certified by the Centre for Fiduciary Excellence and has been featured in The Wall Street Journal.

  • Certified Financial Planner (CFP)
  • Retirement Planning

700 West Granada Boulevard, Ormond Beach, FL 32174
WebsiteLicense: 136302

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Review Sources

Google
5.0 (7)

Why choose this provider?

Holland Financial provides solutions to customers in the Daytona Beach area. It consults with clients to determine their financial goals, concerns, and situations before identifying opportunities for improvement. The company offers several types of financial strategies, including conservative for capital preservation, balanced growth for capital appreciation, and growth for long-term goals. It advises each client on investment strategies to take based on their risk tolerance and investment time horizon. Holland Financial has been in practice for 25 years and today has four CERTIFIED FINANCIAL PLANNER™ professionals on staff.

  • Certified Financial Planner (CFP)

1673 Mason Ave Suite 300, Daytona Beach, FL 32114
WebsiteLicense: 5299140

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Review Sources

Facebook
5.0 (4)

Why choose this provider?

Financial Legacy Advisors caters to individuals, families, and businesses in the Daytona Beach metro and the surrounding areas. It helps clients make knowledgeable wealth decisions by offering financial planning and management services. Its process involves determining which type of plan suits the customer, gathering necessary documents, and analyzing their assets, insurance coverages, investment strategies, and liabilities. Benjamin F. Dyal, a partner, has been working in the financial industry since 1980. He holds the Certified Financial Planner designation.

  • Certified Financial Planner (CFP)
  • Retirement Planning
  • Insurance Products

340 S. Beach St Suite #128, Daytona Beach, FL 32114

Expertise.com Rating

Review Sources

Google
5.0 (1)

Why choose this provider?

Savannah Court Financial Advisors is a firm that serves clients in the Daytona Beach metro and its surrounding areas. It helps them deal with their financial concerns by providing a wide array of services that includes income planning, risk management, asset allocation, and retirement evaluation and projections. It also offers services that involve stocks, bonds, mutual funds, and annuities. One of its team members, Scott Weidman, is a Certified Financial Planner with more than two decades of experience in the industry.

  • Certified Financial Planner (CFP)

145 East Rich Avenue Suite D, Deland, FL 32724

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Review Sources

Google
5.0 (2)

Why choose this provider?

Robertson Advisory is a firm that offers an array of financial services in Daytona Beach and nearby locations. It serves business owners, families, and individuals, helping them achieve financial security through its comprehensive retirement and estate planning. The company also deals with investment planning, management, and review. Additionally, it provides financial planning assistance, which covers the processing of insurance policies and the implementation of investment products. Founder Tom Robertson is a CFP who has been in the industry since 1993.

  • Certified Financial Planner (CFP)

325 N Williamson Blvd Suite #120, Daytona Beach, FL 32114
WebsiteLicense: 837677

Expertise.com Rating

Review Sources

Google
5.0 (2)
Yelp
5.0 (1)

Why choose this provider?

Executive Compensation Group offers a range of financial advisory solutions to clients throughout Daytona Beach. This independent wealth management firm has been serving the local community since 1966, supporting individuals and businesses in the accumulation, conservation, and transfer of wealth to help reach their short-term and long-term financial goals. Services include financial planning, investment management, estate planning and wealth transfer, business continuation, and retirement planning. Two of the firm's principals, David Graffagnino and Joseph DeRosa, hold the Chartered Life Underwriter and the Chartered Financial Consultant designations.

  • Private Wealth Advisor

1395 W Granada Blvd, Ormond Beach, FL 32174
WebsiteLicense: 230171

Expertise.com Rating

Review Sources

Facebook
4.7 (13)
Google
5.0 (3)

Why choose this provider?

Anchor Group is a comprehensive financial services firm that serves the residents of Daytona Beach and the surrounding areas. It helps clients achieve long-term financial success through continuous wealth preservation and growth strategies. It works with companies such as Prudential Financial, Lincoln Financial, and American International Group. Anchor Group has been in operation for more than three decades. The company has a Chartered Financial Planner, Accredited Investment Fiduciary, and Certified Financial Planners on its staff.

  • Certified Financial Planner (CFP)
  • Retirement Planning

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 regulations concerning Net Unrealized Appreciation (NUA) in Daytona Beach?

    In Daytona Beach, the tax treatment of your Net Unrealized Appreciation (NUA) may vary from that of other payments. If employer securities are part of the lump sum distribution, the NUA might not be taxed until you sell the assets. In light of this, a participant may be allowed to transfer company shares from his or her previous plan into a taxable investment account without classifying the entire sum as regular income.

  • What are the different kinds of income-driven repayment programs available in Daytona Beach?

    There are four income-driven repayment options in Daytona Beach for federal student loans. These include:

    • Pay As You Earn Repayment Plan (PAYE Plan)
    • Revised Pay As You Earn Repayment Plan (REPAYE Plan)
    • Income-Contingent Repayment Plan (ICR Plan)
    • Income-Based Repayment Plan (IBR Plan)

    Under these repayment plans, the remaining loan balance may be forgiven after a payment period, typically spanning 20 to 25 years, depending on the specific plan selected.

  • Are computers and electronics considered qualified expenses for a 529 plan in Daytona Beach?

    A 529 plan in Daytona Beach can cover computers and some electronics if they are necessary for the student's educational program. Here are some key points to remember:

    • Software: If it is utilized by the student and is necessary for a particular class, it might be eligible.
    • Personal computers: To qualify, the student should use the computer mostly while enrolled in the educational facility.
    • Internet: In some circumstances, 529 money may be used to pay for internet services.
  • When should you refrain from converting to a Roth IRA in Daytona Beach?

    In Daytona Beach, avoid converting to a Roth IRA in the following situations:

    • If you expect a lower tax bracket in retirement, reconsider conversion due to potentially higher conversion taxes outweighing future benefits.
    • Avoid conversion if retirement is near, as there's less time for tax-free growth, and taxes will be due on the conversion before retiring.
    • Reevaluate converting to a Roth IRA if it pushes you into a higher tax bracket, as the downsides of paying higher taxes currently may surpass the advantages.
  • What are the criteria for a trust to be considered "see-through" in Daytona Beach?

    To be considered a "see-through" trust in Daytona Beach, it must meet these four conditions:

    • The trust document must make clear who the trust's beneficiaries are.
    • The trust must be valid in accordance with state law, or it would be if it had a corpus.
    • The trust's paperwork must be submitted to the plan administrator within designated timeframes.
    • The conditions of the trust shall provide that the trust is irrevocable or shall become irrevocable upon the account owner's passing.
  • 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.

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