Expertise.com

Best Financial Advisors in Worcester

2024

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls
Financial Advisors FAQs 〉

Providers

Last updated:

SmartAdvisor by SmartAsset logo
FEATUREDExpertise.com

SmartAdvisor by SmartAsset

Worcester, 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

Worcester, MA

Why choose this provider?

Need help contacting a Financial Advisor in Worcester? 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
11 Foster Street, Worcester, MA 01608
  • Estate Planning
  • Certified Financial Planner (CFP)

Why choose this provider?

Headquartered in Worcester, Joffrey Smith Financial Group provides investment advisory and management services. It is a full-service firm handling a client's whole financial picture, including investments, estates, taxes, retirement plans, and cash flow management. Additionally, it reviews insurance policies to check if the person is adequately covered should the unexpected happen. The company's namesake and CEO, Joffrey Smith, has been serving the community for 18 years. Smith is a Certified Financial Planner and a Chartered Financial Consultant.

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 (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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
255 Park Avenue, Worcester, MA 01609
  • Estate Planning
  • Certified Financial Planner (CFP)
  • Retirement Planning
  • Insurance Products

Why choose this provider?

Boyd Financial Strategies, Inc., a financial advisory firm established in 1983, serves individuals and businesses throughout the Greater Worcester area. It is composed of financial planners, insurance advisors, wealth managers, and attorneys. They help their clients take charge of their finances through budgeting, as well as investment, college, estate, retirement, and generational planning. Rosemarie A. Boyd, the founder of the company, achieved her financial planning certification in 1985 and is in charge of all the financial planning matters at the firm.

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
400 Donald Lynch Boulevard, Marlborough, MA 01752
  • Certified Financial Planner (CFP)
  • Retirement Planning

Why choose this provider?

Tinsley Financial Group, LLC, is a Marlborough-based firm that serves the Worcester area. Covered in its range of wealth management services is retirement planning, which involves addressing concerns regarding IRAs, qualified employer-sponsored plans, and executive deferral plans. Furthermore, the financial planners from this firm provide retirement consulting services for both employees and employers, and they also offer risk management and estate planning assistance. David N. Tinsley, one of the company's advisors, worked in the banking field prior to entering the financial services industry in 1980.

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
324 Grove Street, Worcester, MA 01605
  • Certified Financial Planner (CFP)

Why choose this provider?

Archstone Financial is a financial advisory firm with an office in Worcester. It guides clients in determining their investment needs and learning what options fit their unique circumstances. The financial planning and advice it provides clients include investment management and planning, retirement planning, education funding, insurance planning, and estate planning. Archstone Financial was founded in 2015 by five partners who have decades of experience in the industry and hold different certifications, such as CFP, CLU, CRPC, CLTC, and CIMA.

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 (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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
108 Grove Street, Worcester, MA 01605
  • Estate Planning
  • Retirement Planning

Why choose this provider?

Larson, Potter, Stratton & Cote Financial is an independent financial planning and asset management firm serving clients in Worcester. It provides an assortment of wealth management services, such as financial planning, retirement planning, and tax reduction strategies. The company's principal advisors have more than 100 years of industry experience, including managing partner Drew K. Stratton who has been in financial management services for over 25 years. He has been named as a Leaders Level advisor for 2020.

Website
311 Main Street, Worcester, MA 01615
  • Certified Financial Planner (CFP)
  • Insurance Products

Why choose this provider?

B&D Advisors, which has offices in Worcester, Boston, and Framingham, has been providing financial services for 30 years. Its financial planning process involves understanding portfolios and goals, assessing financial statuses, creating and implementing strategies based on approved recommendations, and keeping track of portfolio progress. The company was established by the law firm Bowditch & Dewey, LLP. One of its financial advisors, Michael D. Brockelman, is a CFP and former Estate and Business Planning Council of Worcester County president with a background in taxation.

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
446 Main Street, Worcester, MA 01608
  • Certified Financial Planner (CFP)

Why choose this provider?

Carl P. Sherr & Co., LLC is a financial services company that serves clients in Worcester since 1964. The company provides financial planning solutions through a multi-step approach. It drafts individualized financial plans and offers investment management services and monitors clients' diversified portfolios. Carl Sherr, the company's founder and president, is the former chairman of the Small Firm Advisory Committee under the National Association of Securities Dealers. He is considered one of the pioneers of the "discount brokerage" concept.

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
370 Main Street, Worcester, MA 01608
  • Certified Financial Planner (CFP)

Why choose this provider?

Bartholomew & Company is a financial and investment planning company that serves individuals and families throughout Worcester. It offers a wide range of services, including investment management, as well as retirement, tax, education, estate, and insurance planning. For businesses, the firm handles risk management, executive, and succession planning solutions. Company founder Thomas Bartholomew established the firm in 1994. He has received various industry awards, such as being ranked among the Financial Times 400 Top Financial Advisors from 2015 to 2020.

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.

  • What structural variations exist between mutual funds and exchange-traded funds in Worcester?

    Mutual funds consolidate capital used to make investments to pursue the goals outlined in the prospectus for the funds. The resulting assets are managed by investment companies in Worcester. On the other hand, ETFs are blocks of shares moved by an investment company toward an objective. Broker-dealers sell ETFs, which trade similarly to stocks and are listed on stock exchanges.

  • Which is preferable from an investment standpoint, buying or leasing a car in Worcester?

    The best decision from an investment standpoint would depend on a person's income, lifestyle, and preferences. Residents in Worcester who choose to purchase one enjoy ownership with no restrictions and interests if bought in cash. However, the value of cars depreciates over time. Leasing is a strategy to consider if you like a new car every few years. Leasing requires lower monthly payments as it considers depreciating value, but penalties may also arise due to mileage limits.

  • How can people in Worcester establish a strong financial base?

    People in Worcester need pillars to support their short- and long-term financial well-being. This entails building a good relationship with a local or national bank, setting up an emergency fund, and establishing a workplace retirement plan. Additionally, you should plan for your estate strategy and invest in an insurance program appropriate to your circumstances.

  • What can residents in Worcester do with their saved money?

    If retirement is a top priority, Worcester residents should consider tax-advantaged investments. An example is 401(k)s which are employer-sponsored and taken out of paychecks directly. Individuals who anticipate accessing their funds before retirement should place them in a separate account. They can also invest these funds based on their risk tolerance.

  • How are financial advisors compensated in Worcester?

    In Worcester, commissions from the sale of financial products like mutual funds or insurance policies are one of the most typical forms of payment for financial advisors. Advisors can also charge clients for their investment management and financial planning services. In addition, some advisors might get rewards or incentives based on how well their clients' investments perform.

  • 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.