Expertise.com
2024

Last updated:

Best Financial Advisors in Newton

Our Recommended Top 12

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

32

Reviewed

24

Curated

12

Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
67 Forest St, Suite 271, Newton, MA 01752
  • Estate Planning
  • Certified Financial Planner (CFP)
  • Investment Management
  • Tax Planning
  • Retirement Planning

Why choose this provider?

Financial planning can be challenging; Cedar Hill Financial Group simplifies things. Their first priority is always acting in their client's best interest. That means providing personalized, comprehensive financial advice, along with data driven portfolios. Whether it is planning for retirement, saving for college, or getting a comprehensive financial plan in place, they can help. With over a decade of industry experience, they are committed to helping clients pursue their financial goals. Securities and advisory services offered through LPL Financial, a registered investment advisor. Member FINRA/SIPC.

License Verified:

License: 5813774

Investment Adviser Public Disclosure Database, SEC

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 (5)

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: Complimentary Consultation

SmartAdvisor by SmartAsset logo
FEATUREDExpertise.com

SmartAdvisor by SmartAsset

Newton, MA
  • 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

Website
Crafts St, Newton, Ma 02458
  • CFA Charterholder
  • Custom Financial Planning

Why choose this provider?

Insight Financial Strategists LLC serves clients in Newton and nearby localities. It provides retirement planning, divorce planning, and investment management services. The firm also assists clients in diversifying their portfolios by dividing investments across real estate, stocks, and bonds. It extends its financial planning services to physicians that have finished or are currently undergoing their residency or fellowship. The team works one-on-one with clients, understanding their specific circumstances, to help them achieve their financial goals. Chris Chen, a wealth strategist at the firm, is a Certified Financial Planner.

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.
4.7
Facebook
4.8 / 5 (22)
Google
4.4 / 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
120 Wells Avenue, Newton, MA 02459
  • Financial Planning
  • Wealth Management
  • Certified Financial Planner (CFP)

Why choose this provider?

Financial Planning Solutions, LLC, is an independent company that serves retired, widowed, and divorced individuals in Newton. Its fiduciary financial advisors provide wealth management programs and financial planning solutions for individuals who are preparing for marriage, getting a divorce, planning for their children's college, leaving their job, or closing in on retirement. The agency's co-founders and managing partners, Rick Fingerman and Lyman Jackson, are both Certified Financial Planners. Each has over 30 years of experience in the finance and services 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

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
313 Washington Street, Ste 200, Newton, MA 02458
  • Finance Planning

Why choose this provider?

David J. Prothero, CPA, P.C., provides financial advisory services to individuals and small businesses in and around Newton. It assists clients in setting realistic financial goals and attaining them through personalized tax reduction strategies, investments, college funding advice, and insurance solutions. The firm also helps with retirement planning, estate and wealth transfer planning, and charitable gift planning. Company president David J. Prothero is a Certified Public Accountant and a Certified Financial Planner who has over two decades of experience in investment consulting, tax consulting, and 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.
4.9
Google
4.9 / 5 (12)
Facebook
5.0 / 5 (11)
Yelp
4.5 / 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
29 Crafts Street Suite 270, Newton, MA 02458
  • Chartered Financial Analyst (CFA)

Why choose this provider?

Capital Advisors Group is a that offers investment management and debt finance consulting services in Newton. It provides customized cash investment portfolios based on its clients' requirements. It also assists in the development of strategies, the evaluation of potential lenders, bid solicitation, and the sourcing of deals in its end-to-end transaction support. Ben Campbell, who founded Capital Advisors Group in 1991, was named among the 100 Most Influential People in Finance by Treasury & Risk in June 2011.

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.
2.5
Responsiveness
Friendliness
Helpfulness
––
Detail
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Website
275 Grove Street Suite 2-400, Newton, MA 02466
  • Certified Financial Planner (CFP)
  • Investment Management
  • Financial Planning

Why choose this provider?

Renaissance Wealth Advisors creates and sustains long-term financial well-being for the locals of Newton. The firm applies what it calls the Renaissance 8-step process, where every aspect of the clients' financial well-being is considered in order to create a unique financial profile that caters to their needs. It applies the process when assisting them in retirement, estate, insurance, investment, and tax matters. Jon Loer and Lauris Lambers established Renaissance in 2019. They have a combined industry experience of more than 50 years.

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
160 Gould Street Suite 310, Needham, MA 02494
  • Retirement Planning

Why choose this provider?

The Bulfinch Group is a firm that consists of financial advisors who provide solutions to individuals, families, and businesses in the Newton metro. Its team of professionals offers services aimed at retirement security, estate planning, and family security. The firm also offers a wide range of business planning services, including key employee insurance, corporate benefits solutions, 401(K) planning, and business continuation. Established in 1994, The Bulfinch Group crafts strategies with the goal of helping its clients grow and preserve wealth.

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.
4.8
Facebook
5.0 / 5 (15)
Google
4.0 / 5 (4)

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
60 Thoreau Street #359, Concord, MA 01742
  • Retirement Planning

Why choose this provider?

Aspire Financial Advisors focuses on providing financial planning services for Christian churches, congregations, and schools in Newton. From creating education plans for high school and college students to establishing retirement options for the future, the firm addresses any questions clients may have about possible risks in the market and asset allocation. Founder John F. Harrison is a Certified Financial Planner who has been serving in the financial industry since 1990. He is also an active ordained minister who conducts workshops at local churches.

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.
4.7
Facebook
4.6 / 5 (5)
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
2 Newton Executive Park Washington St., Newton, MA 02462
  • Business Formation
  • Business Tax Preparation

Why choose this provider?

Kaplan Financial Services is a team of Newton-based financial advisors who assist with comprehensive wealth planning. Its family wealth planning includes helping children with investment choices, education funding, and 529 plan analysis. Kaplan Financial Services also offers retirement analysis, estate planning, and tax planning. Susan Kaplan, the founder, is a Certified Financial Planner and has an MBA in Finance. Kaplan became president of the Institute of Certified Financial Planners in Boston and is on the Board Trustees at Beth Israel Deaconess Medical Center.

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
154 Wells Ave Suite 3, Newton, MA 02459
  • Certified Financial Planner (CFP)
  • Financial Planning

Why choose this provider?

Plum Street Advisors serves the financial advisory needs of clients in and around Newton. The firm aims to assist clients in attaining their goals of financial independence and security, offering a broad range of solutions and strategies such as investment proposals, retirement planning, debt analysis, insurance analysis and review, and college funding analysis. Additionally, its advisors provide assistance with estate and tax planning. Founding partner Jamie Osborn is a Certified Financial Planner who has nearly 20 years of experience in financial analytics.

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
2344 Washington St 2nd floor, Newton Lower Falls, MA 02462
  • Financial Planning

Why choose this provider?

Lightship Wealth Strategies, Inc., has been offering Newton-based clients financial planning and investment management services since 2006. Its advisors, who have earned CFP designations, guide individuals and families in securing their financial wellbeing. The firm provides timely advice and information about their financial needs relating to tax, estate, and insurance. Its founder, Jonathan Wolff, was recognized as one of the Best-in-State Wealth Advisors in Massachusetts by Forbes. He also received recognition from the Financial Times.

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 (3)

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
––

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.

  • Do all Newton-based financial advisors need to follow fiduciary duties?

    Not all financial advisors in Newton are obligated to follow fiduciary duties. However, the National Association of Personal Financial Advisors requires its members to act as fiduciaries that safeguard the interest of their clients. The organization's code of ethics requires them to disclose relevant information and prevent conflicting interests in the future.

  • Should Newton residents hire a certified financial planner?

    Yes, Newton residents should hire a certified financial planner. This is because they can immediately get recommendations about different areas within the field of finance, from estate planning to investment management. Certified financial planners also develop customized strategies that help clients reach their monetary goals, from reducing tax liabilities to repaying student loans.

  • What are the different compensation methods that financial advisors use in Newton?

    A reliable compensation method that Newton-based financial advisors use is the Fee-Only method. Those compensated through this model usually do not accept other commissions and work closely with clients to develop a plan that matches their unique financial situation. Other advisors, however, prefer to get compensated through a commission and fee or commission-based method.

  • Should Newton residents avoid taking part in high-yield investment programs?

    Yes, Newton residents should avoid taking part in high-yield investment programs. According to the United States Securities And Exchange Commission, most of these programs are fraudulent since they are managed or endorsed by unlicensed professionals. Individuals should be careful of scams that promote the idea of high returns with little to no risks.

  • Where can Newton residents file a complaint about fraudulent financial services?

    Newton residents can file a complaint about fraudulent financial services to the North American Securities Administrators Association. Those who want to submit investor complaints in person can visit the organization's divisional office located at: One Ashburton Place Room 1701 Boston, MA 02108 Its staff also handles inquiry calls at (617) 727-3548.

  • 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.