Expertise.com

Best Financial Advisors in Honolulu

Laurels
Laurels

We did the research for you!

Learn more
  • checkboxLicensing
  • checkboxUser Reviews
  • checkboxMystery Shopping Calls

Financial Advisors FAQs

Learn more
SmartAdvisor by SmartAsset logo
FEATURED
Free consultation

SmartAdvisor by SmartAsset

Honolulu, HI
  • Estate Planning
  • Financial Planning
  • Investment Management
  • Retirement Planning

Business Description

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.

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.
4.0
Yelp
4.0 / 5 (4)

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
––

Price: Free consultation

AIO Financial logo
Visit WebsiteWebsite

AIO Financial

1003 Bishop Street, Honolulu, HI 96813
Visit WebsiteWebsite

Business Description

With several branches in different states, AIO Financial offers financial services in Honolulu. Its advisors offer comprehensive financial planning such as insurance analysis, impact investing, investment management, and retirement planning. It also offers ex-pat financial planning for US citizens living abroad. Bill hosts the AIO Financial Podcast & Blog that tackles different topics such as investment impact evaluation. He is also the author of “Sustainable, Responsible, Impact Investing Guide.” Bill is fluent in speaking both English and Spanish.

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
Alan Nishimoto, CFP logo
Visit WebsiteWebsite

Alan Nishimoto, CFP

1585 Kapiolani Boulevard, Honolulu, HI 96814
Visit WebsiteWebsite
  • Estate Planning
  • Certified Financial Planner (CFP)
  • Retirement Planning

Business Description

Alan Nishimoto, CFP, is a financial advisor associated with Securities America, serving the Honolulu community and nearby metros. He focuses on helping clients make financial plans, find investment solutions, and choose ideal insurance options. He also provides assistance in various areas, including 401(k) and 403(b) planning, fixed annuities, IRAs, and government securities. Alan has been in the financial services industry for more than 35 years. He specializes in breaking down complex issues and developing strategies that allow clients to achieve their goals.

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
Ark Wealth Advisory Group logo
Visit WebsiteWebsite

Ark Wealth Advisory Group

1099 Alakea Street, Honolulu, HI 96813
Visit WebsiteWebsite
  • Estate Planning
  • Retirement Planning
  • Insurance Products
  • Tax Planning

Business Description

Ark Wealth Advisory Group provides services to clients in Honolulu. It offers financial planning and wealth management services that help individuals understand and preserve their finances. It also caters to clients who want to construct their portfolio, determine their wealth's risk, and establish investment goals. The company's senior vice president, Michael Ark, has been in the industry since 1984. Ark also supports the American Cancer Society, Red Cross, and the Institute for Human Services, Hawaiian Humane Society.

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
Cadinha & Co logo
Visit WebsiteWebsite

Cadinha & Co

900 Fort Street Mall, Honolulu, HI 96813
Visit WebsiteWebsite
  • Estate Planning
  • Certified Financial Planner (CFP)
  • Retirement Planning

Business Description

Cadinha & Co is a financial advisory company providing services to clients in Honolulu and the surrounding areas. It offers beyond investment management program that helps individuals plan their finances before or during retirement, private family business transitions, and charitable gifting programs. It also provides succession, ownership positions, and estate planning services. Cadinha & Co has been operating in the industry for more than 40 years. Founder, chairman, and chief strategist Harlan J. Cadinha was born in Maui and raised in the spirit of ohana, meaning family, which is why the company treats clients like family.

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
Facebook
5.0 / 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
Responsiveness
Friendliness
Helpfulness
Detail
CMR Financial Advisors logo
Visit WebsiteWebsite

CMR Financial Advisors

1003 Bishop Street, Suite 2620, Honolulu, HI 96813
Visit WebsiteWebsite
  • Estate Planning
  • Certified Financial Planner (CFP)
  • Retirement Planning
  • Tax Planning

Business Description

Founded in 1987, CMR Financial Advisors provide financial planning solutions to various clients in Honolulu and the neighboring areas. Its services include retirement planning, investment planning, tax planning, and estate planning to assist clients in achieving their long-term financial goals. The firm also employs its proprietary Wealth With Simplicity process, in which personalized financial plans and investment strategies are used to monitor clients' finances. Its CEO, Cliff M. Robello, is a Certified Financial Planner and a member of the Financial Planning Association and the Hawaii Estate Planning Council.

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
Coda Financial Group logo
Visit WebsiteWebsite

Coda Financial Group

615 Piikoi Street, Honolulu, HI 96814
Visit WebsiteWebsite
  • Certified Financial Planner (CFP)

Business Description

Coda Financial Group is a financial planning firm that serves clients throughout the Honolulu area. It assists clients in managing the four areas of their financial opportunities, namely their wealth, estate, taxes, and risks. It guides clients in creating sustainable retirement income plans and inheritance plans and utilizing tax-advantaged programs. It also helps them assess their life insurance needs and long-term care plans. Edward Coda, principal of the firm, has worked in the financial service business since 1986 and is a Certified Financial Planner.

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)
Financial Architects of Hawaii, LLC logo
Visit WebsiteWebsite

Financial Architects of Hawaii, LLC

1712 North King Street, Honolulu, HI 96819
Visit WebsiteWebsite
  • Retirement Planning
  • Insurance Products

Business Description

Financial Architects of Hawaii, LLC, has been providing personalized financial services to individuals, families, and businesses in Honolulu for more than 40 years. The firm assists clients in managing their cash flow and educating them on investment strategies. It also helps in securing retirement and college savings plans. In addition, it handles different kinds of insurance solutions to personal, life, and liability needs. Morris Kunita, one of the firm's financial advisors, holds a series of FINRA registrations.

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
Financial Planning Hawaii logo
Visit WebsiteWebsite

Financial Planning Hawaii

677 Ala Moana Boulevard, Honolulu, HI 96813
Visit WebsiteWebsite
  • Certified Financial Planner (CFP)

Business Description

Financial Planning Hawaii is a Honolulu-based firm that offers comprehensive and personalized investment and financial planning guidance to individuals and families. Its integrated approach to financial planning involves organizing, centralizing, monitoring, and maintaining all aspects of each client's financial life through the use of a client-facing software. Its founder, John Robinson, has been a financial advisor since 1989 and has twice been on Investopedia's list of the Top 100 Most Influential Financial Advisors in the country.

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
Hawaii Financial Advisors, Inc. logo
Visit WebsiteWebsite

Hawaii Financial Advisors, Inc.

745 Fort Street, Honolulu, HI 96813
Visit WebsiteWebsite
  • Retirement Planning

Business Description

Hawaii Financial Advisors, Inc., is a team of retirement planning professionals who serve the Honolulu area. Whether clients prioritize future financial stability, children's higher education, or charitable donations, the team creates investment strategies that take into account clients' risk tolerance and long-term goals. In addition to development, it handles the implementation and adjustment phases of the financial planning process. Company owner Tim Geary, who has more than 35 years of industry experience, discussed the importance of building retirement income avenues on Forbes Magazine.

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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Hawaii Partners 3D Wealth Advisors logo
Visit WebsiteWebsite

Hawaii Partners 3D Wealth Advisors

201 Merchant Street, Honolulu, HI 96813
Visit WebsiteWebsite
  • Certified Financial Planner (CFP)

Business Description

Hawaii Partners 3D Wealth Advisors has been serving retirees, residents, and investors throughout the metro area of Honolulu for more than 10 years. The firm provides various financial services, such as investment strategies, wealth management, financial planning, and tax strategies. Its team of fiduciary advisors assists and guides clients throughout their financial decision-making. Its founder and an estate planning attorney, Michelle Tucker, has been in the industry for over 30 years. Moreover, Hawaii Partners 3D Wealth Advisors partnered with Chicago Partners Wealth Advisors in 2020.

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
––
Island Wealth Management logo
Visit WebsiteWebsite

Island Wealth Management

500 Ala Moana Boulevard, Honolulu, HI 96813
Visit WebsiteWebsite
  • Certified Financial Planner (CFP)

Business Description

Island Wealth Management is an investment management firm that serves individuals, small businesses, and island families. The firm develops financial plans for clients that are appropriate for their needs and requests. It gathers financial data and goals from clients and provides them analyses and evaluations. The team of financial advisors proffers recommendations and encourages the implementation of the plans. The Honolulu-based firm delivers options that include retirement and retirement income planning, wealth transfer strategies, risk management, and asset management.

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.
4.0
Mosaic Pacific Investment Advisors logo
Visit WebsiteWebsite

Mosaic Pacific Investment Advisors

615 Piikoi Street, Honolulu, HI 96814
Visit WebsiteWebsite
  • Certified Financial Planner (CFP)
  • Retirement Planning

Business Description

Mosaic Pacific Investment Advisors is a firm that serves Honolulu. It assists clients in opening accounts with Custodians such as TD Ameritrade or Charles Schwab, portfolio management, and asset transfer. The firm also helps clients with investment products such as mutual funds, bonds, stocks, and UITs. It acts as an ERISA 3(38) Investment Manager for company 403(b) or 401(k) retirement plans. The firm's chief investment strategist, Cory Michael Nakamura, is a Chartered Financial Analyst and a Certified Financial Planner.

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
Detail
––
Pathfinder Financial Services logo
Visit WebsiteWebsite

Pathfinder Financial Services

555 Paakiki Place, Kailua, HI 96734
Visit WebsiteWebsite
  • Certified Financial Planner (CFP)
  • Retirement Planning

Business Description

Pathfinder Financial Services is a Kailua-based fiduciary firm that serves the Honolulu area. Covered in its line of services is investment supervision which involves managing risks within a certain time frame. In addition, through its Discover/Decide/Do service, the firm assists clients undergoing life transitions that concern receiving an inheritance, selling a business, or retiring. Pathfinder Financial Services was founded in 2003 by David Jacobs, a CFP and NAPFA University founding member who spent two decades in the field of computer research.

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
Retirement Partners of Hawaii logo
Visit WebsiteWebsite

Retirement Partners of Hawaii

1003 Bishop Street, Honolulu, HI 96813
Visit WebsiteWebsite
  • Retirement Planning

Business Description

Retirement Partners of Hawaii serves employers, plan sponsors, and employees in Honolulu. The firm offers fiduciary guidance and financial wellness programs. It assists clients in choosing service providers and aids them in developing financial steps that are appropriate for their employees' retirement investment plans. The team of financial advisors directs its services to law firms, credit unions, and construction companies. Ken Kaneshiro and Michael Tokushige are managing partners at the firm. They lead a group of LPL financial advisors.

Voya Financial Advisors, in Hawaii logo
Visit WebsiteWebsite

Voya Financial Advisors, in Hawaii

711 Kapiolani Boulevard, Honolulu, HI 96813
Visit WebsiteWebsite
  • Private Wealth Advisor

Business Description

Voya Financial Advisors in Hawaii is a Honolulu-based team of professionals that helps clients in the area reach their short-term and long-term financial goals. It provides personalized service for those who want to build their wealth, protect their families, or preserve their financial security. Among the services available include retirement planning, investment planning, estate management, insurance planning and reviews, and tax management. Some of its advisors hold different types of certification, such as CRPC, CFP, and AWMA.

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
––
WestPac Wealth Partners logo
Visit WebsiteWebsite

WestPac Wealth Partners

677 Ala Moana Boulevard, Honolulu, HI 96813
Visit WebsiteWebsite
  • Certified Financial Planner (CFP)

Business Description

WestPac Wealth Partners is a privately-held wealth management firm in Honolulu that serves individuals who need guidance in financial planning. It also provides wealth management and strategy, retirement planning, consulting, and personal insurance. WestPac Wealth Partners has been listed by Fortune Magazine as one of the Best Small and Medium Workplaces in Finance and Insurance. It also topped Hawaii Business Magazine's 2020 list of the state's best places to work. The company continuously aims to grow its team which now has 160 agents in its fold.

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
Facebook
5.0 / 5 (7)

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
Back to Providers

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.

Read all FAQs