Expertise.com

2024

Last updated:

Best Financial Advisors in Cedar Rapids

Our Recommended Top 13

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

42Reviewed

30Curated

13Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider
SmartAdvisor by SmartAsset logoFEATUREDExpertise.com

SmartAdvisor by SmartAsset

Cedar Rapids, IA
  • Estate Planning
  • Financial Planning
  • Investment Management
  • Retirement Planning

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.

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

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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Price: Free Consultation

Cedar Rapids, IA

Why choose this provider?

Need help contacting a Financial Advisor in Cedar Rapids? 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.

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

Price: Free booking service | Call 848.Book.Pro!

Website
222 3rd Avenue Southeast, Cedar Rapids, IA 52401
  • Estate Planning
  • Retirement Planning

Why choose this provider?

Balanced Investment Company is a business located in Cedar Rapids offering personalized services in financial planning and wealth building. It helps clients plan their finances by incorporating variables such as income, healthcare, taxes, pension, and investments. The firm's services also cover investment, retirement and estate planning, and risk management. Balanced Investment Company was founded by Suresh Basnet. Basnet served in state and local non-profits and received the 2008 Governor’s Volunteer Award.

Website
136 40th Street Northeast, Cedar Rapids, IA 52402
  • Estate Planning
  • Insurance Products

Why choose this provider?

Financial Harmony Designs helps clients in Cedar Rapids meet their financial goals. Its team caters to individuals who need assistance with their investments, such as mutual funds, common stock, simple IRA, government securities, and brokerage accounts. It also provides aid in matters relating to exchange-traded funds, bonds, fixed and variable annuities, and college savings account services. The primary financial consultant of the company, Bruce Western, is also a life and health insurance agent with more than 30 years of experience in the financial industry.

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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
711 2nd Avenue Southeast, Cedar Rapids, IA 52401
  • Estate Planning
  • Retirement Planning

Why choose this provider?

Since 1985, Securian Financial has been serving individuals, families, and businesses throughout the Cedar Rapids area. The firm offers a wide range of services, including investment strategies, retirement planning, protection management, estate planning, and educational funding strategies. It also assists clients in charitable giving plans. For businesses, the firm provides business continuation strategies, exit and transition planning, and financial wellness programs. It strives to make positive changes in the community by supporting various organizations, including American Cancer Society, Iowa Donor Network, and Tanager Place.

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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
4144 Golf Street Northeast, Cedar Rapids, IA 52402
  • Estate Planning
  • Certified Financial Planner (CFP)
  • Insurance Products
  • Tax Planning

Why choose this provider?

Basepoint Wealth is a financial advisory firm that serves the residents of Cedar Rapids and the surrounding areas. It helps clients transition into retirement, reduce their taxes, or work toward financial freedom. It offers services such as financial planning, estate planning, insurance planning, philanthropic planning, and retirement plan consulting. In addition, the firm provides investment management, tax and accounting management, business planning, and executive compensation services. The financial advisors of Basepoint Wealth operate exclusively as fiduciaries.

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 (10)

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

Website
221 3rd Avenue Southeast, Cedar Rapids, IA 52401
  • Certified Financial Planner (CFP)
  • Retirement Planning

Why choose this provider?

For more than 25 years, World Trend Financial has been serving individuals, families, and businesses throughout the Greater Cedar Rapids metro area. It helps clients protect their wealth and achieve their financial goals by assisting them with college fund planning, investment management, estate planning, debt management, and retirement planning. Tory Meiborg, the president of the firm, is a member of the Financial Industry Regulatory Authority and was recognized as a Corridor Business Journal 40 Under 40 Award winner.

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

Website
329 12th Avenue Southeast, Cedar Rapids, IA 52401
  • Certified Financial Planner (CFP)

Why choose this provider?

United Iowa Financial is a Cedar Rapids financial advisory firm that focuses on women empowerment and financial education among its clientele. The firm helps individuals and families in investment and cash flow management, retirement planning, trust and estate planning, charitable gift planning, and long-term care planning. United Iowa Financial is led by Mark Law, who has more than two decades of experience in the industry, and four other partners who are all invested in their clients' future.

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

Website
4800 North River Boulevard Northeast, Cedar Rapids, IA 52411
  • Certified Financial Planner (CFP)
  • Retirement Planning

Why choose this provider?

Jerry K. Ask Investment Services provides investment management services for clients in Cedar Rapids and the surrounding areas. This firm provides a wide array of financial planning services, including retirement income planning, portfolio management, tax reduction savings, business planning, and banking and lending solutions. Its financial advisors have over 125 years of combined experience in the industry. The firm is a recipient of numerous awards and was ranked among Forbes Best-in-State Wealth Advisors in 2021.

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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
425 2nd Street Southeast, Cedar Rapids, IA 52401
  • Estate Planning
  • Insurance Products

Why choose this provider?

The Financial Specialists is a Cedar Rapids-based wealth planning firm. It offers a wide range of services, including insurance planning, retirement planning, college planning, and short- and long-term investment planning. The firm also provides services for businesses, assisting clients with 401(k) plans, group life and disability insurance, group health insurance, IRA, and profit-sharing plans. David J. Funke, president and managing partner, has been in the financial services sector since 1986. The Financial Specialists team has over 100 years of collective 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

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

Website
5020 Council Street Northeast, Cedar Rapids, IA 52402

Why choose this provider?

Edge Investment Solutions provides assistance to clients in Cedar Rapids and the surrounding areas with their financial issues. The firm helps clients with financial and estate planning. It also extends its services to clients who have concerns regarding life, disability, and long-term care insurance. For clients who want to build their investment portfolio, the firm analyzes the best mutual funds to ensure sustainable income growth. Two of the firm's financial planners, Damon Walker and Russell Kizer, also serve as members of Dave Ramsey’s Smartvestor Council.

Website
1202 Dina Court, Hiawatha, IA 52233
  • Certified Financial Planner (CFP)

Why choose this provider?

Established in 2000, Arnold & Mote Wealth Management is a financial planning firm that caters to clients in and around Cedar Rapids. It offers retirement, estate, and long-term health care planning services. Its team also customizes financial plans, which include savings strategies, investments, tax planning, workplace benefit maximization, and insurance optimization. The firm's owner Quinn Arnold and its founders, Jean and Eric Mote, are Certified Financial Planners. Arnold is also a member of the National Association of Personal Financial Advisors.

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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
200 2nd Avenue Southeast, Cedar Rapids, IA 52401
  • Certified Financial Planner (CFP)

Why choose this provider?

Strategic Financial Solutions has been serving Cedar Rapids for more than 30 years. The firm is composed of financial advisors that offer financial planning and investment management services. It specializes in retirement planning and, depending on a client's needs, offers retirement plans that entail personalized investment and retirement strategies, education and estate planning, and risk management. The company's president, Larry Witzel, is a Certified Financial Planner, an Accredited Investment Fiduciary, and a Chartered Life Underwriter.

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.
3.8

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.

  • If you are a working professional in Cedar Rapids, what should your financial plan include?

    If you are a working professional in Cedar Rapids, your financial plan should include savings strategies to determine what types of accounts you save and how much is your contribution. Your financial plan should also include tax, education, and cash flow plans to keep your spending and savings aligned with your financial goals.

  • Why should you consider creating a trust in Cedar Rapids?

    You should consider creating a trust in Cedar Rapids because it might be a good planning tool for you. Depending on your family's needs and financial situation, a trust can be used to address simple and complex financial-related matters. It can minimize state or federal taxes, control and customize your wealth when distributed, and protect and preserve your assets.

  • If your income in Cedar Rapids unexpectedly spiked, how can you minimize your tax liabilities?

    If your income in Cedar Rapids unexpectedly spiked, you might need to make estimated quarterly tax payments to minimize your tax liabilities. You need to evaluate IRS tax payment requirements and interest fees. To avoid penalties, you can pay 90% of the current year's liability or pay 100% of the prior year's liability. You also need to strategize your quarterly payments to avoid underpayment penalties.

  • What should you do if you want to retire early in Cedar Rapids?

    If you want to retire early in Cedar Rapids, you need to implement several retirement strategies. You should cut back on your expenses and increase the amount you save. You can also take advantage of your 401(k) plan. Contribute as much as you can to save more money for retirement. Most individuals thought that retiring early is not possible, but the truth is, it is achievable.

  • Should you seek executive planning services if you are a corporate executive in Cedar Rapids?

    If you are a corporate executive in Cedar Rapids, you are encouraged to seek executive planning services. You need the help of a financial advisor to monitor your equity compensation. Your advisor can help you annually monitor your retirement, charitable, and estate plans, as well as quarterly investment performance. He or she can also conduct cash flow planning and investment allocation that you cannot do due to the demands of your work as an executive.

  • 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.