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Best Financial Advisors in Evanston

2024

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SmartAdvisor by SmartAsset

Evanston, IL
  • Estate Planning
  • Retirement Planning
  • Financial Planning
  • Investment Management

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
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Price: Free Consultation

Evanston, IL

Why choose this provider?

Need help contacting a Financial Advisor in Evanston? 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
333 S Wabash Ave Suite 2700, Chicago, IL 60604

Why choose this provider?

Serenity Wealth Management is a firm that provides fiduciary financial planning services to families and businesses in the Evanston area. Its financial advisors assist clients in creating plans by gathering relevant data, identifying and selecting goals, consulting with CPAs and attorneys, and implementing recommendations based on various strategies. The firm provides financial advice in areas such as tax planning, investment selection and management, and budget planning. Serenity Wealth Management has been featured in FOX and the Digital Journal.

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 (27)
Yelp
5.0 / 5 (26)
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

Website
20 N. Wacker Dr., Suite 3120, Chicago, IL 60606
  • Certified Financial Planner (CFP)

Why choose this provider?

Merino Wealth is a financial advisory firm that provides asset management and planning services to clients in Evanston. Its financial advisor assists clients with planning concerns such as investment management, retirement planning, education funding, and tax diversification. The company president, Jessica Merino, is a Certified Financial Planner and a Certified Investment Management Analyst. She is a member of the Financial Planning Association, the TIC's Women Advisory group, and the National Association of Women Business Owners Chicago Chapter.

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
1 N. Wacker Drive, Suite 4075, Chicago, IL 60606
  • Chartered Financial Analyst (CFA)

Why choose this provider?

Chicago Partners Wealth Advisors is a financial advisory firm serving clients in Evanston. It provides wealth management services, including investment management, tax support, financial planning, and private banking. Its financial advisors hold designations including CFA, CFP, CPA, CAIA, and JD, with various skill sets such as financial analysis, personal finance, public accounting, alternative investments, and legal matters. The firm primarily serves high-net-worth individuals, corporations, investors with compliance restrictions, foundations, and family offices. Founder Jim Hagedorn is a Chartered Financial Analyst with over 20 years of wealth management 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.
4.3
Facebook
4.3 / 5 (6)

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
1603 Orrington Ave, Suite 600, Evanston, IL 60201
  • Certified Financial Planner (CFP)

Why choose this provider?

Haddam Road Advisors offers financial guidance to individuals and business owners in Evanston and the neighboring areas. The company provides assistance with financial planning, investment analysis, and portfolio management. Brian Kearns, its principal, helps clients make informed decisions and stay on the right track to reaching their financial goals. He evaluates every risk and considers various factors in the client's lifestyle before giving recommendations on how to move forward with an investment or financial plan.

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)

Website
770 Lake Cook Rd. Suite 100, Deerfield, IL 60015
  • Wealth Management

Why choose this provider?

Since 1973, MAI Capital Management has been serving clients in Evanston. It develops, implements, and monitors the progress of financial plans that suit the unique needs of clients. Its financial services include investment management, asset allocation, and wealth management. The firm offers services to a variety of clients, including professionals, entrepreneurs, and athletes. The firm was established initially as Investment Advisors International, Inc., in 1973. It changed its business name to MAI Capital Management in 2014 to reflect the growth of the market that it serves.

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
5215 Old Orchard Road, Suite 850, Skokie, IL 60077
  • Investment Management
  • Financial Planning

Why choose this provider?

Shanker Valleau provides financial advisory services to clients in Evanston and the surrounding areas. It specializes in assisting individuals in protecting their wealth to prepare them for their future financial needs and goals. It also offers financial checkup services involving investment reports and cash flow statements. One of its team members, Janice Hennessy, brings over seven years of experience in the financial planning industry. She is a member of the Illinois CPA Society and 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
836 Skokie Boulevard, Northbrook, IL 60062
  • Financial Planning

Why choose this provider?

Serving the Evanston metro, Oak Wealth Advisors assists families and individuals in managing their wealth to help them achieve a well-lived life. Its services include investment management and financial planning. As fiduciaries, the firm works to prioritize the clients' interests ahead of its own. In addition, as a member of the Academy of Special Needs Planners, Oak Wealth Advisors helps families with special needs members in mapping a financial pathway at every stage of life.

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
909 Davis Street, Suite 500, Evanston, IL 60201
  • Finance Planning

Why choose this provider?

Porte Brown is a full-service consulting and accounting firm that serves clients in Evanston from a wide range of industries, including health care, transportation and logistics, manufacturing, grocery and food service, and construction. For over 75 years, the company has been offering retirement plan administration, audit, tax planning and preparation, and business valuation services. It also provides managerial accounting solutions, such as forecasting assessments, budgeting, and financial analysis. Its team is fluent in Spanish, Italian, Korean, and German.

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.
4.4
Facebook
4.6 / 5 (11)
Google
3.5 / 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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
1531 S. Grove Avenue Suite 206, Barrington, IL 60010
  • Retirement Planning
  • Tax Planning

Why choose this provider?

Serving the Evanston area, Piershale Financial Group, Inc., assists individuals in planning the next phase of their financial life. The firm helps clients grow their assets through comprehensive wealth management. It addresses five key areas, including portfolio management, retirement, estate, taxes, and insurance. The management process also involves an analysis of a client’s financial situation to implement appropriate strategies. The firm has been featured on news media like Forbes, Market Watch, and The Wall Street Journal.

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 (67)

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
150 North Wacker Drive, Suite 2500, Chicago, IL 60606
  • Chartered Financial Analyst (CFA)
  • Investment Advisor

Why choose this provider?

Cardinal Investment Advisors helps individuals and businesses in the Evanston metro. Its investment consulting services are designed to develop, implement, and sustain research-based financial strategies. It guides its clients to reach their investment goals through asset management, integrated risk management, custodial relationships review, and actuaries collaboration. One of the company's managing directors, Keith Chambers, is a chartered financial analyst. He is a member of the CFA Society of Saint Louis and became a member-owner in 2017.

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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
405 West Superior Street 606, Chicago, IL 60654
  • Financial Planning
  • Wealth Management

Why choose this provider?

RCM Wealth Advisors is a Chicago-based company that caters to Evanston residents. It guides clients through the process of financial planning and develops strategies to eliminate debt or save for college. The company has experience working with individuals facing post-retirement. It also offers investment management services, and it helps clients allocate capital to exchange-traded funds. One of the company's managing partners, Bobby Schwartz, has over two decades of industry experience. He is the founder of RCM Alternatives, a global wealth management 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
Facebook
5.0 / 5 (7)
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
233 S Wacker Dr Ste 9200, Chicago, IL 60606
  • Estate Planning
  • Certified Financial Planner (CFP)
  • Retirement Planning
  • Investment Management
  • Financial Planning
  • Chartered Financial Analyst (CFA)

Why choose this provider?

Graystone Consulting is a firm associated with Morgan Stanley that serves the residents of Evanston. Its team is composed of four advisors who have over 125 years of combined experience. Its consulting process involves assessments, reviewing Investment Policy Statements, evaluating investment managers, reporting, and ongoing analysis. Its Family Wealth program assists affluent clients in managing their assets through planning, debt management, and estate preservation strategies. It also assists institutional clients in developing custom investment programs, such as 401(k), corporate and public pension, and healthcare plans.

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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
150 South Wacker Drive, Suite 3050, Chicago, IL 60606
  • Financial Planning

Why choose this provider?

Bartlett Wealth Management provides individuals and families in Evanston with financial advisory services. Its team assists clients with financial planning concerns, such as planning for retirement, allocating an inheritance, and managing an estate. It also handles investment matters, including equity management, alternative investment opportunities, and Environmental, Social, Governance (ESG) Investing. It is a Registered Investment Advisory (RIA) firm established over 100 years ago. It has received accolades such as the Greater Cincinnati Foundation's Bridge Builder Award and the Five Star Wealth Manager Award.

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.
3.3
Responsiveness
Friendliness
Helpfulness
Detail
––

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.

  • What's the average hourly rate charged by financial advisors in Evanston for their services?

    The average salary for financial advisors in Evanston is $28 per hour, with yearly earnings ranging from $44,844 to $76,287 based on industry qualifications and certifications they hold. The rates may also differ depending on the fee structure they employ. Scheduling initial consultations with multiple advisors is essential for comparing rates and determining if they will meet your budget.

  • Why do you need to work with a fiduciary financial advisor in Evanston?

    Working with a fiduciary financial advisor in Evanston ensures objective recommendations in the client's best interest without being influenced by commissions or third-party compensation. For those seeking unbiased insights regarding investments, retirement strategy, cash flow planning, and other financial-related matters, a fiduciary advisor is the ideal choice to receive advice solely focused on their best interests.

  • What is the difference between fee-only and fee-based financial advisors in Evanston?

    Fee-only financial advisors in Evanston charge directly for their services through a management fee based on managed assets, hourly fee, or retainer. On the other hand, fee-based advisors accept commissions, bonuses, or flat prices from the investments they sell and charge a periodic management fee. Fee-only advisors adhere to a fiduciary duty, while fee-based arrangements may create confusion and lack the same level of objectivity and trust.

  • How do financial advisors personalize investment management services for Evanston residents?

    Investment management services in Evanston are customized based on active listening and understanding each client's unique financial needs, goals, risk tolerance, time horizons, and investment experience. Portfolios are crafted using sound investment principles, with a disciplined approach to diversification, low turnover, and minimizing costs. The focus is on asset allocation rather than security selection or market timing. Periodic reviews ensure the portfolio aligns with changing circumstances and goals.

  • What are the two investment management engagement agreements offered by financial advisors in Evanston?

    Financial advisors in Evanston offer both discretionary and non-discretionary engagement agreements. In a discretionary engagement, advisors can make portfolio transactions in the client's best interest while informing them about the approved investment plan. In a non-discretionary arrangement, transactions require explicit client approval. Regardless of the type, clients have complete access to their accounts and can manage their funds and securities anytime.

  • 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.