Expertise.com

2024

Last updated:

Best Financial Advisors in Miami Beach

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 Miami 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.

33Reviewed

24Curated

12Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

429 Lenox Avenue, Miami Beach, FL 33139

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Why choose this provider?

Manna Wealth Management is a financial advisory firm that serves Miami Beach. The firm is headed by David Kassir, a private wealth management expert with over 28 years of experience. Kassir helps clients achieve their long-term financial objectives by creating investment and retirement plans tailored to their risk tolerance and specific goals. He considers his clients' preferences regarding saving, investing, spending, and charitable giving when creating these plans. Kassir's comprehensive financial plans enable clients to assess their current financial situation, reflect on their goals, and incorporate downside risk strategies, investment recommendations, and insurance coverage into their objectives.

  • AAMS, CMFC, and CBDA

500 E. Broward Blvd., Suite 2200, Fort Lauderdale, FL 33394

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Why choose this provider?

Serving Miami Beach residents, Ellen Ford Krider is a financial advisor who helps clients take control over their financial life. As the senior vice president of RBC Wealth Management, she develops customized solutions in four key areas: asset protection, wealth accumulation, income stream creation, and wealth transfer. With over 35 years of experience, Ellen holds the CFP designation and has received the Irv Weiser Diversity Award. She is part of the board of the Women in Network.

  • Certified Financial Planner (CFP)

701 Brickell Avenue Floor 11, Miami, FL 33131

Expertise.com Rating

Review Sources

Google
5.0 (1)

Why choose this provider?

Escobio Group helps the residents of Miami Beach obtain their desired financial life. The firm serves a limited number of individuals, families, executives, and business owners through a goals-based wealth management approach. It also assists clients in building multigenerational wealth by using its Merrill Personal Wealth Analysis. The process involves prioritizing goals, reviewing finances, evaluating options, and identifying potential solutions. One of the firm’s professionals, Catalina Patino, is a Certified Investment Management Analyst and Certified Private Wealth Advisor.

  • Wealth Management

901 Ponce de Leon Boulevard, Suite 501, Coral Gables, FL 33134

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Review Sources

Facebook
5.0 (10)
Google
4.3 (3)

Why choose this provider?

Cathy Pareto and Associates is a team of financial advisors serving Miami Beach. The independent and privately held company in Coral Gables offers various financial services for individuals and families. These include retirement and financial planning for small business owners and physicians. It also provides a variety of investment choices, including institutional funds, bonds, mutual funds, individual stocks, and exchange-traded funds. Founder Cathy Pareto has been helping clients pursue their financial goals for more than twenty years.

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

429 Lenox Avenue, Miami Beach, FL 33139

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Why choose this provider?

Hamilton Gray Wealth Management provides services to clients in Miami Beach and the surrounding communities. The company focuses on helping individuals and families prepare for their future financial needs and goals by offering financial advisory services. Its founder, John H. Gray, brings over two decades of experience in the legal field. He is a certified public accountant and a tax and estate planning lawyer who has helped high-income families and individuals manage their wealth.

  • Financial Planning
  • Wealth Management
  • Investment Advisor

2 South Biscayne Boulevard, Suite 1740, Miami, FL 33131

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Review Sources

Facebook
4.4 (7)
Google
5.0 (1)

Why choose this provider?

Founded in 1951, NPC Financial is a financial services firm serving individuals, families, and businesses in Miami Beach. With its wealth of resources and products, its team of advisors helps clients make informed financial decisions in investing, retirement, estate conservation, and risk management. Its services include business planning, estate planning, and wealth management. The firm's president and co-founder, Jeffrey E. Newman, holds CLU, RHU, and ChFC designations. He is also a life member of the Million Dollar Round Table.

  • Estate Planning
  • Financial Planning

200 S. Biscayne Boulevard Seventh and Eighth Floors, Miami, FL 33131

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Why choose this provider?

Provenance Wealth Advisors serves the financial planning needs of individuals, families, and business owners in and around Miami Beach. Experienced planners of the firm take an entrepreneurial approach in helping clients get closer to their long- and short-term financial goals. Some of its services include estate planning, charitable and philanthropic planning, special needs planning, and retirement planning. In addition, the company focuses on business structures and succession planning. The firm has been in service since 2000.

  • Estate Planning
  • Certified Financial Planner (CFP)
  • Retirement Planning

1395 Brickell Ave 8th Floor, Miami, FL 33131

Expertise.com Rating

Review Sources

Google
5.0 (1)

Why choose this provider?

LPL Financial is a company that caters to the residents of Miami Beach and the neighboring areas. With a team of more than 15,000 advisers, it offers a wide array of services such as investment and tax strategy creation, money management, and retirement planning. The firm also assists clients with the handling of their estate or personal affairs, insurance concerns, and lifestyle matters. LPL Financial has been providing financial solutions for more than 40 years.

  • Certified Financial Planner (CFP)

200 S. Biscayne Boulevard, 20th Floor, Miami, FL 33132

Expertise.com Rating

Review Sources

Google
5.0 (8)
Facebook
5.0 (6)

Why choose this provider?

Anthem Advisors is a group of investment, tax, and planning professionals based in Miami Beach. With over 40 years of combined experience, the team provides wealth management services including financial, tax, estate, and retirement planning, asset protection, and risk management. Serving individuals, families, entrepreneurs, and philanthropists, the firm considers its clients' income, assets, and goals in creating customized plans to help them achieve financial stability. Its founder, Jimmy Gonzalez, is a Chartered Retirement Planning Counselor who started his career in the industry over 20 years ago.

  • Estate Planning
  • Tax Planning
  • Retirement Planning

333 SE 2nd Ave #2820, Miami, FL 33131

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Why choose this provider?

Element Pointe is an independent agency that attends to the financial advising needs of its clients in Miami Beach. It offers portfolio management, portfolio advice, account aggregation, consolidated reporting, cash flow, and liquidity management. Its team also coordinates tax and legal advisors, banks, and trustees for its clients. One of the company's founders, Carlos A. Dominguez, was a vice president in a renowned private bank. He has been featured in CNN, Forbes, and The Wall Street Journal.

  • Wealth Management

801 Brickell Ave, Suite 1440, Miami, FL 33131

Expertise.com Rating

Review Sources

Google
5.0 (7)

Why choose this provider?

Garrel Miani Financial Group caters to individuals and businesses in the Miami Beach metro and the surrounding areas. It helps clients achieve their financial goals by offering a wide range of services, including asset and income protection, charitable and estate planning, IRA rollovers, and wealth management and retirement planning. The firm also offers disability, life, and long-term care insurance products. Joseph M. Garrel, the founder, has been a Million Dollar Round Table qualifier since 2014. He holds a bachelor's degree in International Business and Marketing.

  • Estate Planning
  • Tax Planning

429 Lenox Ave, Miami Beach, FL 33139
Website

Expertise.com Rating

Review Sources

Yelp
5.0 (5)
Facebook
5.0 (3)
Google
5.0 (1)

Why choose this provider?

Modern Money Education provides financial coaching to clients in Miami Beach. The company's financial advisors help individuals by teaching them strategies for debt elimination, budgeting, purchase planning, and goal setting. They also offer literacy courses for women that promote financial empowerment and a healthy money mindset. Modern Money Education has been featured in various media magazines including The New York Times and Business Insider. Its founder Angela Moore brings over 15 years of industry experience. She is a member of the National Association of Personal Financial Advisors.

  • Certified Financial Planner (CFP)
  • Private Wealth Advisor

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.

  • How can the Homestead Exemption in Miami Beach help you with financial planning?

    The Homestead Exemption in Miami Beach lets individuals save up to $50,000 on property taxes, which means they can budget better for other financial goals. It also keeps property taxes from going up by more than 3% each year with the Save Our Homes Cap. Taking advantage of this exemption can really ease the burden of property taxes and make financial planning easier for homeowners in Miami Beach.

  • What are the available industries for investment opportunities in Miami Beach?

    Miami Beach offers promising investment opportunities in various emerging industries, including technology, art and design, healthcare, logistics, and real estate. The county's thriving technology sector, expanding contemporary art scene, growing healthcare industry, strategic logistics position, and thriving real estate market make it an attractive destination for investors seeking diverse and potentially profitable ventures.

  • How do wealth management firms in Miami Beach typically calculate their fees?

    Miami Beach wealth management firms usually calculate fees based on AUM percentage or a flat fee. Some firms charge a percentage of assets under management (AUM), while others offer flat fees based on the complexity of financial situations or specific services provided. Fees may range from 1.00% of AUM annually or vary between $100 to $600 per hour for financial consulting services. Researching and comparing fee structures and services is advised when choosing a wealth management service in the area.

  • What are digital assets, and how can one include them in an estate plan in Miami Beach?

    Digital assets are online property, like online banking, cryptocurrency holdings, social media, and memberships or subscriptions with credit card information. They can be included in a Miami Beach estate plan by listing them with login details and determining inheritance and management preferences. A financial advisor may work in conjunction with an estate planning attorney to help clients develop a comprehensive estate plan, which includes provisions for digital assets, to ensure that all aspects of their financial affairs are addressed.

  • 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.