Expertise.com

2024

Last updated:

Best Financial Advisors in Southfield

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

25Reviewed

18Curated

9Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

24359 Northwestern Hwy. Suite 225, Southfield, MI 48075

Expertise.com Rating

Review Sources

Google
4.3 (4)

Why choose this provider?

Cornerstone Financial Services, LLC is a wealth management firm that serves clients located in Southfield. It handles retirement security, estate conservation, succession planning, debt financing, transaction preparation, and tax management. It also offers insurance packages, covering life, health and Medicare, and property and casualty. Managing partners Daniel J. Milan and Matthew C. Essman are holders of Series 7 and Series 66 licenses, registering them as investment advisers. Both their financial insights have been published before in media outlets like Yahoo! Finance, and Forbes.

  • Estate and Trust Specialist
  • Retirement Planning

28411 Northwestern Hwy, 12th Floor , MI, Southfield, MI 48034

Why choose this provider?

Daniel M Yuhn, CPA Financial Advisor serves individuals in Southfield and surrounding areas. He offers a variety of services, like estate conservation, tax management, college planning, insurance coverage, and investment portfolio analysis. His risk-management strategies comprise quantitative risk supervision and asset analysis. In addition, his firm is a member of America Group Retirement Strategy Centers, a collaborative strategy that seeks assistance from related specialists in order to give clients industry-standard financial advice. Daniel M Yuhn has been providing services for nearly three decades.

  • Private Wealth Advisor

28411 Northwestern Highway Suite 1300, Southfield, MI 48034

Expertise.com Rating

Review Sources

Google
5.0 (3)

Why choose this provider?

Michigan Financial Companies helps individuals and families in Southfield. It offers tailored financial advice and planning services. It provides requisite asset management and investment advice that considers each client's goals, values, and personality. It also provides advice to clients on various options to help fund education and obtain their vision of living a comfortable retirement. It also helps clients navigate the subtleties of tax planning and compliance. The firm's president, Nick Valenti, is a certified financial planner with 40 years of experience.

  • Certified Financial Planner (CFP)

1000 Town Center, 26th Floor, Southfield, MI 48075

Why choose this provider?

As a registered representative of Lincoln Financial Advisors Corp., Michael Acho serves clients residing in Southfield and nearby locations. He offers a range of financial products and services that suit the vision and objectives of individuals and company owners. He helps clients in accumulation planning that involves executing tax-saving and investing strategies during the important accumulation years. Additional services are investment and contingency planning, estate conservation, and risk management. Insurance and annuity products are also available.

  • Certified Financial Planner (CFP)

50 West Big Beaver Road Suite 225, Troy, MI 48084

Expertise.com Rating

Why choose this provider?

SS&H Financial Advisors, Inc. is an independent investment advisory firm that serves Southfield. It offers ongoing investment advisory services, helping clients implement and adjust investment strategies according to their current circumstances. Its advisors offer insight on and assistance with matters ranging from insurance and investments for retirement to tax-saving strategies and personal finances planning. Owner Robert T. Sinnaeve holds a master's degree in Business Administration and the Accredited Investment Fiduciary designation from the Center for Fiduciary Studies.

  • Certified Financial Planner (CFP)

One Towne Square, Suite 444, Southfield, MI 48076

Expertise.com Rating

Review Sources

Google
5.0 (8)

Why choose this provider?

Advance Capital Management provides the Southfield area with financial advice. It offers financial planning, strategies, and advice that help clients grow their wealth. It uses extensive research in formulating strategies to fit its customers’ unique circumstances and needs and performs diligent monitoring to protect their assets. It provides customized investment advice depending on individual risk tolerance and financial goals. Advance Capital Management has over 35 years of experience in the industry, managing 3 billion dollars of assets.

  • Certified Financial Planner (CFP)

One Northwestern Plaza 28411 Northwestern Highway, Suite 760, Southfield, MI 48034

Expertise.com Rating

Why choose this provider?

SkyOak Wealth is an investment advisor registered with the SEC that serves clients in Southfield. It provides financial advisory services that help individuals, families, institutions, and foundations reach their monetary goals. The services include financial goal setting, risk assessment, asset allocation, retirement planning, and portfolio management. It works with advisory-based technology companies, including Orion, Practifi, and eMoney. SkyOak analyzes the risk tolerance, income expenses, and assets of clients. Managing partners Craig Simmons and Jeremy S. Brandt have more than 37 years of combined industry experience.

  • Certified Financial Planner (CFP)

1000 Town Center Suite 2500, Southfield, MI 48075

Expertise.com Rating

Review Sources

Facebook
5.0 (2)

Why choose this provider?

CIG Capital Advisors offers finance-related services for clients within Southfield and its adjacent communities. It creates a customized, holistic wealth management plan for clients that focuses on long-term strategic asset allocation, portfolio monitoring and analysis, and goal alignment. Its team also evaluates possible investment opportunities that help an individual find the proper combination of assets for improved return and less risk. CIG's founder, Osman R. Minkara, has previously appeared on media outlets such as ABC and CBS for interviews on financial matters.

  • Certified Financial Planner (CFP)

28411 Northwestern Highway Suite 1200, Southfield, MI 48034

Expertise.com Rating

Why choose this provider?

America Group is a financial services provider catering to individuals and families in Southfield. The firm, which is part of LPL Financial, offers various financial planning services, such as cash flow analysis, retirement income planning, stock option analysis, and education funding strategies formulation. Its specialists provide strategies to help clients adapt to changing life goals and market events. They also assist clients in finding suitable investment options, including mutual funds, annuities, bonds, and ETFs. Additionally, America Group handles insurance analysis and review.

  • 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.

  • What does the financial planning process in Southfield include?

    The Southfield financial planning process begins with an initial consultation with your financial advisor to go over your concerns, goals, and any financial obstacles you may be facing. Your advisor will then use the information they have gathered to analyze your situation before moving on to the next phase of the process: creating a comprehensive financial program. After that, they will implement and track the progress of your account.

  • Which strategies can optimize your 401(k) retirement plan in Southfield for maximum benefits?

    To make the most of your Southfield 401(k) retirement plan, you can try to maximize your contributions, keep your funds invested even if you change jobs, and be aware of the characteristics of your plan as well as the investment risk and time horizon. Your financial advisor will assist you in determining how to execute those plans.

  • Which factors are usually incorporated in the fees for retirement plans in Southfield?

    Your financial advisor in Southfield will consider a number of factors related to your plan when calculating the fees you must pay. They often employ a percentage-point charge structure, which takes into account the plan's total asset level, its complexity, and the number of participants. They will also take into account any additional costs imposed by the service providers, such as those charged by third-party administrators and custodians.

  • How is asset protection organized in Southfield to satisfy the needs of high-net-worth people?

    In Southfield, high-net-worth individuals receive specialized asset protection services that cater to their unique needs. These services include a wide range of topics, such as preventing the forced sale of estate assets to pay estate taxes and minimizing the effect of death taxes on their estates. Financial advisors also help these clients come up with estate tax avoidance plans while making sure they don't give up a sizable amount of their assets in an irrevocable way.

  • What are the typical methods Southfield financial advisors use to get paid for their services?

    Financial advisers in Southfield charge for their services in a variety of ways. These payment options include hourly, fixed, and annual, as well as commission-based fees for investments or sold products. Some local advisors bill for their services as a percentage of the assets they handle. Fee-only advisors operate in this manner.

  • 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.