Expertise.com

2024

Last updated:

Best Financial Advisors in Detroit

Our Recommended Top 19

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

228Reviewed

144Curated

19Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider
SmartAdvisor by SmartAsset logo

SmartAdvisor by SmartAssetExpertise.com

Detroit, MI
Free Consultation

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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
  • Retirement Planning
  • Investment Management

Detroit, MI

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Why choose this provider?

Need help contacting a Financial Advisor in Detroit? 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.

16824 Kercheval Place, Grosse Pointe, MI 48230

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Why choose this provider?

Antonelli Financial Advisors provides investment management and advisory services for individuals in the Detroit area. Its approach requires clients to have an investment policy statement as the investment strategy groundwork of their portfolio, financial plan, and ongoing investment management. It offers retirement, estate, legacy, and tax planning, as well as risk assessment, college funding, medicare, charitable giving, and social security. Its senior wealth advisor, Suzanne M. Antonelli, has vast experience in the unique needs of families, retirees, and women.

  • Certified Financial Planner (CFP)

932 Davis Ave, Birmingham, MI 48009
WebsiteLicense: 301258

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Why choose this provider?

Founded in 2019, Gunder Wealth Management is a fiduciary financial planning firm that serves individuals and families in Detroit and the surrounding areas. Its financial advisors, who have Certified Financial Planner and Chartered Financial Analyst designations, provide comprehensive financial plans that cover goal setting, cash flow management, elder care planning, college funding, investment management, and tax strategies. The company has already been featured on media outlets like CNN Business, The Wall Street Journal, InvestmentNew, and MarketWatch.

  • Certified Financial Planner (CFP)

2000 Town Center, Southfield, MI 48075

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Review Sources

Google
4.0 (13)

Why choose this provider?

Wealth Strategies Financial Group is an independently owned and operated financial firm that offers financial planning solutions to clients in Detroit and its surrounding areas. Its services include personal financial planning, investment strategies, retirement planning, wealth management, and risk management. Wealth Strategies Financial Group also offers succession planning and business exit strategies, business owner life insurance, and estate planning. The firm's managing partner, Mike Amine, has 26 years of industry experience as a financial advisor.

  • Estate Planning
  • Retirement Planning
  • Tax Planning

11111 Hall Road, Utica, MI 48317
WebsiteLicense: 285863

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Review Sources

Facebook
4.8 (26)

Why choose this provider?

Strategic Wealth Advisors Group, Inc. provides financial management services to clients in and around Detroit. The firm's financial planners aim to help clients achieve financial freedom through services like retirement planning, social security planning, investment management, and estate planning. Tim Sullivan, founder and CEO of the firm, is the author of books, "Strategic Wealth: A Tactical and Practical Guide To Winning In Retirement" and "Federal Employee Retirement Made Simple: 11 Key Areas to Retire with Financial Peace as a Federal Employee".

  • Estate Planning
  • Certified Financial Planner (CFP)

990 North Main Street, Royal Oak, MI 48067

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Why choose this provider?

Founded in 1996, M3 Investment Services is an independent financial advisory firm serving clients in Detroit and the surrounding communities. It helps customers protect their wealth and achieve financial freedom by providing investment options, retirement plans, college savings plans, and insurance products. Its team of professionals uses their knowledge and skills to create a financial plan based on customers' goals and needs. M3 Investment Services was recently highlighted in Kiplinger for its individual approach to investing.

  • Estate Planning
  • Retirement Planning

13433 Reeck Court, Southgate, MI 48195

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Why choose this provider?

TL Financial Group is an independent financial planning and advisory firm that has been serving the residents of Detroit and the surrounding areas for more than 18 years. It provides a wide range of financial planning services covering cash flow, taxes, life insurance, and investments. It also assists clients with estate planning and Social Security planning. Founder and wealth management advisor Tony LaJeunesse served on the board of directors of the Financial Services Institute.

  • Estate Planning
  • Tax Preparation
  • Tax Planning

81 Kercheval Avenue, Grosse Pointe Farms, MI 48236

Expertise.com Rating

Review Sources

Google
5.0 (2)

Why choose this provider?

Pearl Planning provides financial advisory services to clients in Detroit and the nearby areas. It helps clients with their financial transitions and assists in developing strategies for their investment, retirement plans, and divorce. The company also offers environmental social governance services. Its president, Melissa Joy, is a certified divorce financial analyst with more than 20 years of experience in the industry. Melissa Joy was featured on Yahoo! Finance, Morningstar Advisor, Wall Street Journal, and Money Magazine.

  • Retirement Planning

39520 Woodward Ave, Bloomfield Hills, MI 48304
WebsiteLicense: 108942

Expertise.com Rating

Review Sources

Google
4.0 (1)

Why choose this provider?

Diversified Portfolios, Inc., is an independent wealth management firm that caters to individuals and families in the Detroit metro and the surrounding areas. It helps clients plan their finances by building personal balance sheets and income statements. It also provides asset allocation, estate planning, financial analysis, income and portfolio management, and tax loss harvesting. Bob Toal, a partner, brings more than 25 years of experience in the industry. He holds the Chartered Financial Analyst designation.

  • Estate Planning

18720 Mack Avenue, Grosse Pointe, MI 48236

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Why choose this provider?

Founded in 1999, DeSERANNO is an independent financial advisory firm that assists clients in Detroit and nearby communities. The firm helps individuals and families in need of financial planning services, including budget planning, cash flow strategies, education funding, debt reduction strategies, and retirement planning. The company also offers financial advice for non-profit organizations and other institutions. Founder Don Joseph DeSerrano serves as a board member of DeSerrano Charitable Foundation, which benefits local charities and causes.

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

418 North Main Street, Suite 220, Royal Oak, MI 48067
WebsiteLicense: CRD#: 107774

Expertise.com Rating

Review Sources

Google
5.0 (1)

Why choose this provider?

Liberty Wealth Advisors is a full-service financial advisory firm serving Detroit. It offers wealth planning services for retirement, estate, taxes, education, charitable funding, and business ownership. Its team of financial advisors works with clients to construct a customizable portfolio and manage it through asset allocation and diversification. The agency also performs financial reviews for clients who want a second opinion about their investment portfolios. Its president, John R. Bergmann, is a certified public accountant and a Certified Financial Planner who manages daily operations.

  • Estate Planning

24800 Denso Drive Suite 300, Southfield, MI 48033

Expertise.com Rating

Review Sources

Google
5.0 (2)

Why choose this provider?

Center for Financial Planning, Inc. serves individuals and families in Detroit and nearby areas. It offers a wide range of financial planning services, including goal identification, cash flow analysis, retirement planning, tax planning, investment management, estate and charitable planning, insurance and college funding. The company has 13 certified financial planners on staff and has been in business for more than 36 years. Timothy Wyman, the managing partner of the firm, served on the National Board of Directors for the Financial Planning Association.

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

Attorney Information

Attorney NameBar StatusExperience
Tim Wyman - Managing PartnerActive4 yrs

36800 Woodward Ave #200, Bloomfield Hills, MI 48304
WebsiteLicense: 110268

Expertise.com Rating

Review Sources

Google
5.0 (2)

Why choose this provider?

Planning Alternatives designs custom financial plans for clients in Detroit. Its advisors help clients protect their wealth with financial planning. They analyze their individual aspirations and needs before crafting a plan and solution to help them achieve long-term financial goals. The team operates with transparency, objectivity, and risk management in mind. They apply these values when delivering multi-asset portfolio solutions that conform with the client's financial plan. Planning Alternatives' client base comprises executives, entrepreneurs, and physicians.

  • Certified Financial Planner (CFP)

74 E. Long Lake Rd Suite 200, Bloomfield Hills, MI 48304
WebsiteLicense: 4394420

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Review Sources

Google
5.0 (3)
Yelp
1.0 (1)

Why choose this provider?

Northern Financial Advisors helps clients in Detroit in reaching their financial objectives. The SEC-registered investment advisor offers a variety of financial services, including investment planning, tax preparation, and retirement planning. Its financial advisors, who serve clients in a fiduciary role, are members of the FPA and the NATP. Owner Christine Isham is a Certified Financial Planner and a member of the NAPFA. Her company takes an integrated approach to financial planning by considering the implications of financial action for other areas of clients' financial affairs.

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

1709 Crooks Road, Royal Oak, MI 48067

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Why choose this provider?

Royal Oak Financial Advisors is dedicated to helping their clients make the most out of their retirement. With more than 50 years of experience combined, the team works with clients to develop a personalized financial plan that realizes their retirement goals. Clients can receive professional help not only with retirement strategies but with tax management, estate preservation, and investment management.

3123 Crooks Road, Royal Oak, MI 48073

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Why choose this provider?

Hoover & Associates Financial Services, Inc., is an independent firm that caters to individuals, families, and businesses in Detroit and the surrounding communities. Its financial and investment services include charitable giving, education funding, retirement planning, SMAs, and variable, fixed, and indexed annuities. Additionally, it offers 401k plan reviews and redesigns. Randall Hoover, the president, brings over 31 years of experience in the industry. He is a member of the National Association of Insurance and Financial Advisors.

  • Retirement Planning

290 Town Center Drive, Dearborn, MI 48126

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Why choose this provider?

Ceaser Capital Management, LLC, helps clients in the Detroit metro in crafting a financial blueprint to manage their needs, goals, and opportunities. The company provides services such as financial planning and retirement planning. It can also help clients with investment management, such as portfolio rebalancing, stock and mutual fund selection, and tax-efficient investing. Lead financial advisor Michael Ceaser, Jr., has been in the financial planning industry since 1975. He is a Certified Financial Planner and Certified Investment Management Analyst.

  • Certified Financial Planner (CFP)

20789 Harper Avenue, Harper Woods, MI 48225

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Why choose this provider?

KM Financial is an independent financial firm serving its clients based in Detroit. It provides financial planning services for individuals and business owners through Sigma Financial Corporation, including insurance planning, tax planning, investment planning, estate planning, educational planning, and budgeting. With a combined experience of more than 50 years, associates Jeffrey Kirkman and Harriett MacDonald collaborate with CPAs, attorneys, pension specialists, tax specialists, and insurance advisors to present custom portfolios and guided solutions for their clients' financial challenges.

  • Certified Financial Planner (CFP)
  • Accredited Investment Advisor

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.

  • Is hiring a financial counselor in Detroit necessary?

    No, hiring a financial advisor in Detroit is neither obligatory nor necessary. Nowadays, people can design their own economic plans and investment approach, thanks to the available possibilities brought by technology. However, planning one's finances takes a considerable amount of energy, time, and skill. In many situations, it is preferable to seek the assistance of a professional due to tax considerations, rapid shifts in the market, and legal requirements.

  • What characteristics should you search for in a financial advisor in Detroit?

    A Detroit financial advisor you should seek out must have a thorough awareness of the city's financial market trends. To offer tailored counsel, they have to possess a sharp eye for details and the ability to evaluate complicated financial data. They should also be skilled communicators to convey financial ideas clearly and concisely.

  • How are financial consultants in Detroit compensated?

    In Detroit, commissions are one of the most typical forms of payment for financial counselors. This indicates that the advisor receives a cut of the funds that clients invest. The counselor may be paid through fees, where they charge a certain sum for their assistance. Additionally, some consultants in Detroit are paid through a mix of commissions and fees.

  • Is it necessary to have a large sum of money when creating a financial plan in Detroit?

    No. The amount of cash you produce or possess is not the main concern of a financial strategy. Financial planning is about using your resources wisely and putting yourself in a position to succeed in the present and future. A Detroit financial advisor can aid you in setting up the strategy you need to reach your financial goals.

  • If you have ten years till retirement, should you review your financial portfolio in Detroit?

    Yes. In Detroit, you still need to review your financial portfolio even if you still have ten years to check out the market's fluctuations. It might be time to talk with your financial advisor about your capacity for risk, potential outcomes, and if the distribution of assets is suitable in light of your overall financial strategy.

  • 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.