Expertise.com

2024

Last updated:

Best Financial Advisors in Springfield

Our Recommended Top 9

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

35Reviewed

24Curated

9Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider
SmartAdvisor by SmartAsset logo

SmartAdvisor by SmartAssetExpertise.com

Springfield, IL
Free Consultation

Expertise.com Rating

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.

  • Estate Planning
  • Financial Planning
  • Investment Management
  • Retirement Planning

Springfield, IL

Expertise.com Rating

Why choose this provider?

Need help contacting a Financial Advisor in Springfield? 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.

227 South 7th Street, Springfield, IL 62701

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Review Sources

Facebook
5.0 (6)
Google
5.0 (4)

Why choose this provider?

Eck, Schafer & Punke, LLP, provides financial advice to clients in the Springfield area. Individuals and families can consult the firm's advisors with managing their wealth to meet short-term and long-term goals. They assist in setting up educational plans, choosing insurance policies, and investing in retirement accounts. Its team also helps businesses with financial planning, profit-sharing plans, and valuations. In addition, the firm offers a variety of individual and commercial accounting services like bookkeeping, financial statements preparation, and auditing.

  • Tax Planning

3000 Professional Drive, Springfield, IL 62703

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Review Sources

Google
5.0 (3)

Why choose this provider?

Skinner Copper & Ehmen Wealth Management LLC is a financial advisory firm that serves the residents of Springfield and the surrounding areas. It helps clients attain their financial goals through a wide range of services, including comprehensive financial planning, investment portfolio management, and retirement income strategies. Co-owner Douglas L. Skinner has been working in banking and the financial services industry for more than three decades. He is a member of the Sangamon Valley Estate Planning Council.

  • Certified Financial Planner (CFP)

1124 Rickard Rd, Suite A, Springfield, IL 62704

Expertise.com Rating

Review Sources

Facebook
5.0 (6)

Why choose this provider?

LifeMap Wealth Management helps clients in Springfield make informed decisions about their financial futures. The team of financial advisors helps with risk and money management, financial monitoring, family support, and legacy planning. They help retirees plan their income, optimize their Social Security, and strategize their investment withdrawals. These wealth advisors educate clients on how their money works for them. The firm was formed from the merger of two companies with over 20 years of combined financial advisory experience.

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

3400 Wabash Avenue, Springfield, IL 62711

Expertise.com Rating

Review Sources

Google
5.0 (5)

Why choose this provider?

BOS Investment Services is a firm that has been serving Springfield since 1991. It offers a wide range of financial solutions, including insurance, wealth planning, asset management, retirement plans, and trusts. Its team of advisors works with different clientele, such as individuals and family groups, small business owners, and corporations and institutions. One of them is John Andrew Davis, a Chartered Life Underwriter and a Chartered Financial Consultant. He served as the mayor of Leland Grove.

  • Private Wealth Advisor

3000 Professional Dr #200, Springfield, IL 62703

Expertise.com Rating

Review Sources

Google
5.0 (1)

Why choose this provider?

Freedom Financial Group offers its expertise to clients in Springfield in preserving their wealth and making money work for them. It provides individuals with wealth management services that include reviewing investments, planning for retirement, drafting estate plans, and leaving assets to beneficiaries. It also offers tax strategies and risk management services. Financial solutions for entrepreneurs and business executives are also available. Chris Fehr, the firm's founder and CEO, is a Certified Public Accountant and nationally recognized financial educator and author.

  • Retirement Planning

1201 South Veterans Parkway, Springfield, IL 62704

Expertise.com Rating

Review Sources

Google
5.0 (12)
Facebook
5.0 (10)
Yelp
5.0 (1)

Why choose this provider?

Robert Gordon & Associates, Inc., is a Springfield firm that provides investment management and strategic wealth planning services. The financial advisory company not only works with clients, but also collaborates with their CPA, attorney, and other advisors. Its services include financial planning, wealth management, portfolio management, retirement planning, financial education, and business consulting. The firm's president, Bob Gordon, has been working in the financial services industry since 1979 and has conducted more than 1,000 investment seminars and workshops.

  • Certified Financial Planner (CFP)

1 Wall Street, Carlinville, IL 62626

Expertise.com Rating

Why choose this provider?

Wall Street Financial Group, Inc., helps clients in the Springfield area achieve their financial goals. It assists with retirement planning that covers the clients' income, investment, tax, and estate plans. The firm also handles services involving wealth management, investments, educational savings, IRA legacy planning, and tax strategies. Additionally, it offers life insurance policies. Wall Street Financial Group was founded in 1988 by Carl Zeidler, who started working in the financial industry at the age of 24.

  • Certified Financial Planner (CFP)
  • Retirement Planning

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.

  • When should an individual in Springfield start working with a financial advisor?

    Individuals in Springfield can begin financial planning and consult with an advisor at any stage of their lives. However, with a proactive approach and a protective plan in place, better results can be obtained. It does not always require a large investment to get started. Financial advisors can assist a young adult in the areas of saving money, budgeting, and investing. They can also help with retirement planning and putting in place measures to deal with financial difficulties later in life.

  • What should you keep in mind before hiring a financial advisor in the Springfield area?

    To find out if a financial advisor and their firm are properly registered, contact the Illinois Securities Department. The department's phone number is 800-628-7937, and its address is 421 E. Capitol Ave., 2nd Floor, Springfield, IL 62701. Remember to interview and compare different service providers' details such as investment options and performance, commission, services, and fees. Inquire about any disciplinary actions, pending lawsuits, and client references.

  • What are your rights as a Springfield investor?

    Before investing in Springfield, you have the right to obtain detailed information about the risks, costs, obligations, and terms. You have the right to account statements, reports, agreements, forms, and recommendations that are tailored to your investment objectives and financial needs. Additionally, you should be able to freely discuss any account-related issues with the advisory firm and receive prompt assistance in return. The advisory firm must also provide information on the professional handling your account and the firm. Finally, you must be informed of any restrictions on your ability to access your funds.

  • Should you hire a financial planner or an advisor in Springfield?

    A financial planner is someone who can help you plan your finances, such as budgeting, retirement planning, and investing. A financial advisor may be appropriate for your situation if you need someone to grow your money. A Springfield financial advisor can help you manage your investments, buy and sell stocks, and create estate plans. They must have a FINRA Series 65 license when dealing with the general public.

  • How can an Illinois Secure Choice plan be an asset for a person in Springfield?

    The Illinois Secure Choice is a state-sponsored retirement plan that allows employees to invest a portion of their pay and receive tax-free withdrawals under certain conditions, including retirement. Employees in Springfield may cancel their enrollment at any time. Some of the plan's advantages include quick registration, no employer fees, and access to a wide range of investment options such as high-quality mutual funds, bonds, and index funds.

  • 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.