Expertise.com
2024

Last updated:

Best Financial Advisors in Rockford

Our Recommended Top 8

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

44

Reviewed

29

Curated

8

Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider
SmartAdvisor by SmartAsset logo
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SmartAdvisor by SmartAsset

Rockford, IL
  • Estate Planning
  • Investment Management
  • Retirement Planning
  • Financial 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
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Price: Free Consultation

Rockford, IL

Why choose this provider?

Need help contacting a Financial Advisor in Rockford? 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
4707 Perry Ridge Lane, Loves Park, IL 61111
  • Retirement Planning

Why choose this provider?

Klaas Financial is a financial services firm with an office in Rockford. The firm provides retirement planning services to individuals, families, and businesses. It offers plan management support by designing retirement plans, educating employees on retirement benefits, and creating risk management strategies. Moreover, the firm covers financial planning and wealth management. Craig M. Klaas founded Klaas Financial in 1976. His son, Craig J. Klaas, is the current president and CFO of the 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.
4.0
Google
4.0 / 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
6845 Weaver Road, Rockford, IL 61114
  • Estate Planning

Why choose this provider?

Heritage Way Advisors is a retirement planning and wealth management firm that has been serving Rockford clients since 2003. It offers a wide range of services for individuals and families including financial planning, investment management, trust administration, and estate planning. Its team evaluates clients' assets to develop asset allocations and investment strategies and asset allocations. The firm also collaborates with income tax preparers and estate planning lawyers when assisting families with wealth transfer. Its managing partner, Gary Ollmann, previously worked in the banking industry.

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
1111 South Alpine Road, Rockford, IL 61108
  • Estate Planning
  • Investment Advisory
  • Retirement Planning
  • Tax Planning
  • Tax Preparation

Why choose this provider?

CYRS Wealth Advisors, LLC, is a retirement, wealth management and estate planning firm serving select clients primarily in Northern Illinois and Southwest Florida. Its team of Accredited Investment Fiduciary professionals assists individuals, families, married couples, physicians, and foundations in various areas, including retirement planning. Proven processes involve inventory of all assets, goals, risks, life legacy desires and converting into investment and retirement income strategies, as well as provide ongoing monitoring and reporting. CYRS Wealth Advisors gives back to the community by supporting several organizations, such as the Rockford Rescue Mission and Mill Foundation for youth and Habitat for Humanity.

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
6833 Stalter Drive, Rockford, IL 61108
  • Estate Planning
  • Certified Financial Planner (CFP)

Why choose this provider?

Symmetry Financial Advisors offers its wealth and investment services to clients in Rockford. Beyond managing portfolios, it also assists in broader financial strategies, such as tax considerations, budgeting, charitable giving, and insurance evaluation. It aids its clients in their financial confidence through behavioral coaching to achieve set lifestyle objectives, such as retirement or support for family members and causes. A Certified Financial Planner, founder Nick Kloster is affiliated with LPL Financial as a Wealth Advisor and with Cornerstone Wealth Services.

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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
1617 Temple Lane, Rockford, IL 61112
  • Estate Planning
  • Certified Financial Planner (CFP)
  • Retirement Planning
  • Tax Planning

Why choose this provider?

Lucas Group Financial Advisors is a financial services company with offices in Rockford and Freeport. The company offers financial planning solutions and assists clients with wealth management matters, such as Social Security benefits, tax-loss harvesting, and asset allocation. It provides estate planning and risk management services. The company also deals with investment management and income tax planning. One of its wealth advisors, Lucas Beggin, has over two decades of experience in the financial industry.

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
6870 Rote Road, Rockford, IL 61107
  • Certified Financial Planner (CFP)

Why choose this provider?

Focus Financial Advisors helps individuals in Rockford through its variety of financial management-related services. Formerly known as Robert Lawrenz Consulting Services and established in 1984 by Bob Lawrenz, the firm handles fiduciary investment management that involves goals and needs discussion, investment policy creation, portfolio assembly, and risk control. These investments consist of ETFs, actively managed funds, individual bonds, and index funds. A comprehensive financial plan that includes savings analysis, estate planning, risk analysis, and college funding are also available

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.
5.0
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.

  • How long do you have to pay for term life insurance in Rockford?

    Term life insurance in Rockford is paid for 20 to 30 years. It is a policy that you purchase for a specific amount of time. Term life insurance pays out the amount of coverage you have in case you pass away within the term. Its cost depends on your health, estimated life expectancy, age, and when you acquired the policy.

  • How much does financial planning cost in Rockford?

    The cost of financial planning in Rockford depends on the complexity of the engagement. Most of the time, the costs range from $3,500 to $15,000. The fee for a financial plan is declared based on the facts known at the start of the process. Simple situations are cheaper, unlike those complex situations that involve real estate properties, complex taxes, and assets.

  • In Rockford, should you change your plans for your family if you are facing major life changes?

    Yes. You might want to change your plans for your family if you are facing significant life changes. If your child is graduating from college, you are remarrying, or you need to do something about your family vacation home, you should revisit your estate plans, including powers of attorney and wills. Your major life changes can be a cue for you to change the terms of your trust in Rockford.

  • Why is wealth impact planning important for individuals and families in Rockford?

    Wealth impact planning is important for individuals and families in Rockford because it can help them achieve their financial goals. It is designed to help people think about their wealth and how it might affect their legacy and family. Wealth impact planning helps people structure their wealth and make sure their loved ones are cared for. It also preserves their wealth from unforeseen risks and tax liabilities.

  • In Rockford, how can you track your investment performance?

    You can track your investment performance in Rockford through online account access and by receiving monthly account statements. You may also have annual review meetings and receive quarterly check-in calls from your financial advisor to keep you informed about the progress of your investments. In addition, you can request weekly, monthly, and quarterly economic and market updates via email.

  • 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.