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Best Financial Advisors in Fall River

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SmartAdvisor by SmartAsset logo
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SmartAdvisor by SmartAsset

Fall River, MA
  • 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.

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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:

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4.0
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Price: Free consultation

1776 Financial logo
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1776 Financial

443 East Central Street, Franklin, MA 02038
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  • Certified Financial Planner (CFP)

Business Description

1776 Financial is a firm that assists in managing the finances of clients in Fall River and nearby areas. The financial advisors at this firm help develop an achievable financial plan that meets clients' values, goals, and lifestyles. In addition, they guide clients in selecting investment solutions, including alternative investments, managed discretionary accounts, traditional investments, and structured products and options. Co-founder and financial advisor Mark Dittrich devotes his time and resources to local charities, such as The Santa Foundation and the Random Smile Project.

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
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Detail
Aequitas Investment Advisors, LLC logo
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Aequitas Investment Advisors, LLC

175 Derby Street, Suite 24, Hingham, MA 02043
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  • Finance Planning

Business Description

Serving the community of Fall River, Aequitas Investment Advisors, LLC, offers financial planning assistance to individual clients, families, charitable foundations, trustees, and non-profit organizations. It offers a broad range of financial planning services, including retirement planning, investment policy statement review, portfolio performance reports, charitable planning, and sustainability investment strategies. The independent investment advisory and financial planning firm has been serving clients since 1991. The firm’s founder and principal, Warner Arms Henderson, has over 45 years of experience in financial planning.

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
Balanced Wealth Management logo
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Balanced Wealth Management

378 Main Street Suite 105, East Greenwich, RI 02818
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  • Retirement Planning

Business Description

Balanced Wealth Management serves clients in Fall River and the surrounding communities. It helps clients achieve their financial goals by recommending wealth management, portfolio management, and retirement planning strategies. The firm also provides an independent perspective on the financial objectives of clients to help them understand their choices. Founder Robert Auclair established the firm in 2015. For four years, he was featured on the Money Pros program of WNAC-64 Television as a financial planning expert.

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
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Detail
Cambridge Cape Cod Advisors logo
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Cambridge Cape Cod Advisors

128 Route 6A, Sandwich, MA 02563
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  • Estate Planning
  • Finance Planning

Business Description

Cambridge Cape Cod Advisors is an independent, fiduciary, and investment advisory firm that offers financial management to the locals of Fall River. Its services include investment management, small business planning, investment property analysis, tax and estate planning, and financial planning. Gregory C. Fenton, the president, and founder has an extensive wealth management background with particular depth in multi-generational planning. He earned his Certified Financial Planner designation in 1990. The firm partners with Right Capital, Fidelity, and Alliance of Comprehensive Planners.

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 (12)
Coastal Financial logo
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Coastal Financial

62 State Road, North Dartmouth, Ma 02747
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  • Finance Planning

Business Description

Coastal Financial assists Fall River clients in matters of financial management. Its advisors focus on six areas of financial planning, including wealth accumulation, tax management, and financial position review. Their services deliver comprehensive and tailored solutions for business planning concerns, including business valuations and estate plan integration. Owner Christopher M. Hodgson is a Certified Financial Planner. He previously served in the United Way of Greater New Bedford as Chairman of the Board and Campaign Chair.

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
Constant Guidance Financial logo
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Constant Guidance Financial

1 North Ave, North Attleboro, MA 02763
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  • Retirement Planning
  • Wealth Management

Business Description

Constant Guidance Financial serves the residents of Fall River and its surrounding areas. The local advisory firm assists clients in managing their personal investments and finances. It offers a variety of services, such as wealth management; asset allocation and protection; financial advice; and retirement, estate, and financial planning. Mitch Zides, the company's founder, helps clients have peace of mind by explaining to them the risks and gains involved in financial management. Zides, who is a CFA and CFP, has over 16 years of 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
Facebook
4.5 / 5 (57)
Corrigan Financial, Inc. logo
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Corrigan Financial, Inc.

747 Aquidneck Avenue, Middletown, RI 02842
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  • Certified Financial Planner (CFP)

Business Description

Corrigan Financial, Inc., caters to individuals and business owners in Fall River. Since its inception in 1989, the company has been helping clients achieve their goals and objectives through financial planning. Within the context of the planning framework, its advisors help clients manage risks and make informed decisions. The firm has managed investment assets and prepared income tax returns for over 950 families. Its principal shareholder, Daniel G. Corrigan, holds a Master of Business Administration degree. His designations include CPA, PFS, and CFP.

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
4.5 / 5 (182)

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
Davis Financial logo
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Davis Financial

Mansfield, MA 02048
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  • Retirement Planning

Business Description

Davis Financial offers financial advisory services to clients in Fall River. The firm teaches strategies that help clients protect their income, and it answers questions on retirement options, Social Security decisions, and retirement accounts and income. Steve Davis, the second-generation owner of Davis Financial, has more than 25 years of experience helping clients. He graduated from Bentley College and spent the first five years of his career as a banker, assisting small family-owned businesses in availing commercial loans.

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 (2)
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
Financial Independence Advisors logo
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Financial Independence Advisors

200 Ledgewood Place, Suite 101, Rockland, MA 02370
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  • Certified Financial Planner (CFP)

Business Description

Financial Independence Advisors has decades of experience in assisting Fall River residents with their financial planning needs. The firm's advisors guide clients throughout financial planning processes and tailor their advice based on their clients' unique preferences. They also work closely with Raymond James, a company that offers financial planning resources and other client services that can streamline any finance process. Principal advisor, Mitchell Custenborder, has a blog titled, "The Enlightened Long Game," wherein he shares various articles about personal finance.

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
Jack Trevor, CFP, ChFC, CLU logo
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Jack Trevor, CFP, ChFC, CLU

275 Promenade St Ste 300, Providence, RI 02908
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  • Estate Planning
  • Retirement Planning
  • Financial Planning

Business Description

Jack Trevor, CFP, ChFC, CLU, is a financial advisor with Northwestern Mutual who serves clients' needs in and around Fall River. He and his team help clients achieve financial independence and security through a broad range of financial planning solutions and strategies. This includes retirement planning, college funding counseling, wealth management, estate planning, and business succession planning. Trevor is an Elon University-educated professional who has been in the financial planning industry for half a decade.

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
Loring Advisory Group logo
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Loring Advisory Group

600 Putnam Pike, Suite 4, Greenville, RI 02828
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  • Finance Planning

Business Description

Serving the Fall River area, Loring Advisory Group is a team of financial advisors who aim to maintain fiduciary relationships with clients. They offer a broad range of financial planning services to high-net-worth individuals and their families. These include personal financial planning, Social Security and Medicare analysis, tax planning, business management, retirement planning, and sustainable income strategies. Jeff Loring, the firm's founder, first worked in the insurance industry before starting his career as a financial advisor.

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
Meridian Financial logo
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Meridian Financial

13 Water Street Suite 204, Holliston, MA 01746
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  • Certified Financial Planner (CFP)
  • Financial Planning

Business Description

Meridian Financial handles any wealth management concerns for individuals, families, and businesses in Fall River. Its advisors assist clients in adjusting their asset allocation to match their time horizon, risk tolerance, and financial goals. They review estate plans, conduct insurance needs analyses, and create customized saving strategies to help clients make the right decisions for their best interests. Founder and Certified Financial Georgia Bruggeman is a registered investment advisor and 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
Facebook
5.0 / 5 (7)
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
North Light Financial Services logo
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North Light Financial Services

81 Samoset Street, Ste. 1, Plymouth, MA 02360
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  • Retirement Planning
  • Financial Planning

Business Description

North Light Financial Services is a Plymouth-based financial and investment management service provider. Serving clients throughout the Fall River area, it offers various financial planning services, including retirement planning, risk management, investment selection, and tax management. It also assists clients in reviewing college savings programs and planning business retirement. Jane Ricardi, co-principal of the firm, has been a certified financial planner since 1991. She is also a member of the Financial Planning Association of Massachusetts and is FINRA Series 7 and Series 63 licensed.

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)
Planning for Good logo
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Planning for Good

20 Cabot Boulevard Suite 300, Mansfield, MA 02048
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  • Estate Planning

Business Description

Planning for Good provides financial advice to the Fall River metro and surrounding areas. Led by Karen Melo Ticas, a Certified Financial Planner, the company assists clients in planning their finances holistically through cash flow analysis, risk management, and investment review. Ticas is also a Retirement Income Certified Professional and helps in estate and legacy planning, retirement planning, and designing investment-focused retirement strategies. She especially focuses on serving business professionals, health care providers, and the LGBTQ community.

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 (21)

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
Sowa Financial Group, Inc. logo
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Sowa Financial Group, Inc.

14 Breakneck Hill Road, Suite 202, Lincoln, RI 02865
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  • Certified Financial Planner (CFP)

Business Description

Since its establishment in 1993, Sowa Financial Group, Inc., has been serving individuals and families in Fall River. It offers financial planning, retirement planning, and investment management services focused on guiding clients in achieving their financial goals. Having access to industry-leading technology and research resources, its advisors work with the clients in crafting plans that ensure their financial interests are protected. Sowa Financial Group's founder, Donald J. Sowa, is a Certified Financial Planner. He also holds an Accredited Investment Fiduciary certification.

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)
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.

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