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Best Financial Advisors in Asheville

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SmartAdvisor by SmartAsset logo
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SmartAdvisor by SmartAsset

Asheville, NC
  • 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)

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4.0
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Price: Free consultation

ACT Advisors logo
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ACT Advisors

521 College Street, Asheville, NC 28801
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  • Certified Financial Planner (CFP)
  • Financial Planning

Business Description

ACT Advisors offers financial advice on managing clients' wealth in Asheville. It informs individuals about investment strategies that anticipate and respond to altering marketing conditions. Its advisors assist in retirement planning, maximizing individuals' social security benefits. They work with legal and tax advisors to create and implement estate structuring and settlement strategy. In addition, they provide long-term care, life, health, and accident insurance, as well as education funding options. Founder Doug English has been a CFP for over 20 years.

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 (9)

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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Altamont Capital Management, L.L.C. logo
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Altamont Capital Management, L.L.C.

100 Coxe Avenue, Asheville, NC 28801
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  • Certified Financial Planner (CFP)
  • Financial Planning

Business Description

Altamont Capital Management, L.L.C., provides financial advisory services to clients in Asheville and the surrounding areas. It assists individuals in preparing for their financial needs by gathering their income and expense data, documenting their goals, and guiding them in finding suitable options to reach their desired outcomes. In addition to financial planning, the company offers insurance and investment services. Its president, James W. Plaster, is an investment advisor representative who holds accident, sickness, and life insurance licenses.

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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Austin D Pullicin, CFP logo
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Austin D Pullicin, CFP

4 Vanderbilt Park Dr, Ste 350, Asheville, NC 28803
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  • Estate Planning
  • Certified Financial Planner (CFP)

Business Description

Austin D Pullicin, CFP is a financial advisor who provides plans for businesses and families in Asheville and the surrounding areas. His areas of expertise include planning for educational funding, disability income, business continuation, and long-term care. Representing Northwestern Mutual, he helps his clients by identifying their goals and constructing a system that prioritizes these targets. Pullicin also coaches clients with the aim of empowering them when it comes to making their own financial decisions.

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 (15)
Capital City Financial Partners logo
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Capital City Financial Partners

501 College Street, Suite B, Asheville, NC 28801
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  • Estate Planning

Business Description

Capital City Financial Partners is a wealth management company serving the Asheville area. Its advisors help clients attain their retirement goals by putting their assets to work through retirement income solutions, wealth management, annuities, investments, and IRA/401(k) rollovers. They also preserve wealth through asset protection, life insurance, and tax-efficient and long-term care strategies. The company also provides IRA legacy planning. Joshua Bradley, the firm's managing partner, and financial advisor is an IAR who has passed the securities exams Series 7, 63, and 66.

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
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Dixon Hughes Goodman Wealth Advisors LLC logo
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Dixon Hughes Goodman Wealth Advisors LLC

500 Ridgefield Court Suite 100, Asheville, NC 28806
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  • Estate Planning
  • Retirement Planning
  • Investment Management
  • Financial Planning

Business Description

Dixon Hughes Goodman Wealth Advisors LLC is an independent registered investment advisory firm that serves clients in Asheville. The firm's wealth structuring strategies involve managing investments and insurance, transferring family legacy, and tax planning and compliance. It also helps clients prepare for educational funds and retirement. For businesses, it offers guidance in planning corporate retirement and maintaining financial fitness. The firm offers its services to retirees and pre-retirees, busy professionals, widows or widowers, divorcees, and business owners.

Fortune Financial & Insurance LLC logo
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Fortune Financial & Insurance LLC

9 Elk Mountain Road, Asheville, NC 28804
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  • Estate Planning
  • Certified Financial Planner (CFP)
  • Retirement Planning
  • Financial Planning

Business Description

Fortune Financial & Insurance, LLC, is an advisory firm serving Asheville. It offers a range of financial planning services, covering estate, insurance, investment, lifestyle, money, and retirement. In addition, it provides advice on tax strategies. It also advises them on utilizing their wealth, recommends investment options, and offers advice on their potential risks. The firm helps clients with budget planning and financial management to enable them to live the life they worked hard for.

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 (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
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Detail
Holcombe & McGrath logo
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Holcombe & McGrath

12A Bay Street, Asheville, NC 28801
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  • Financial Planning

Business Description

Holcombe & McGrath is an independent financial advisory and wealth management firm based in Asheville. It helps individuals achieve financial security through college, estate, retirement, and succession planning. It also handles investment management and wealth preservation. In addition, it assists them in insurance, medical, and Social Security plans that fit their needs. Its financial planner, Susan McGrath, worked as an environmental scientist and consultant for the EPA. She utilizes her experience in the agency to advise clients on ESG/socially responsible investing.

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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Horizons Wealth Management logo
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Horizons Wealth Management

82 Patton Ave, Suite 210, Asheville, NC 28801
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  • Finance Planning

Business Description

Horizons Wealth Management is a team of financial professionals that caters to the needs of Asheville. The team offers financial services like cash flow analysis, tax management, risk management, and investment planning. They also assist in planning finances long-term, such as retirement planning and estate and legacy planning. Horizons Wealth Management was established in 2007. David Hunter, one of the principal founders, is a Certified Financial Planner and is registered with 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 (12)
Google
5.0 / 5 (9)
J. Blance Financial logo
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J. Blance Financial

80 Peachtree Rd., Ste 220, Asheville, NC 28803
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  • Tax Planning
  • Financial Planning

Business Description

J. Biance Financial is an independent firm that serves clients in Asheville. It assists clients in achieving their financial objectives by recommending wealth management, retirement income, and asset protection strategies. The firm helps pre-retirees and retirees in the areas of asset management, estate planning, and long-term care. Founders Justin M. Biance and Jason C. Biance are insurance professionals and investment advisors. Justin specializes in multi-generational legacy planning, while Jason worked for a Fortune 500 company analyzing investment risks that averaged $31 million a month.

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 (8)

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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Helpfulness
Detail
Lionhead Financial Planning logo
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Lionhead Financial Planning

28 Schenck Parkway Building 2B, Suite 200, Asheville, NC 28803
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  • Wealth Management

Business Description

Lionhead Financial Planning is a team of advisors that helps clients in Asheville. The team helps individuals and families pursue their financial objectives through its retirement assurance review process, which includes mitigating taxes. It also provides financial strategies, such as investments, annuities, and IRA legacy planning that are tailored to the customers' lifestyles. Paul Buckle, the company's founder and CEO, is a certified public accountant and a Certified Financial Planner. He holds a Master's degree in Accounting.

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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OnTrack logo
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OnTrack

50 S. French Broad Ave Ste. 227, Asheville, NC 28801
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  • Certified Financial Planner (CFP)

Business Description

OnTrack is a private non-profit that assists people in achieving their financial goals. Serving the Asheville metro, the organization provides individualized services, such as homebuying counseling, foreclosure prevention, and credit counseling. It also offers educational classes about goal setting, savings planning, and insurance needs assessment. In addition, it has special programs designed to financially empower women, seniors, and employees. OnTrack has been serving the community since 1973. It is a member of the National Foundation for Credit Counseling.

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 (16)
Google
4.3 / 5 (9)
Paragon Financial, LLC logo
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Paragon Financial, LLC

79 Woodfin Place Suite 201, Asheville, NC 28801
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  • Estate Planning
  • Certified Financial Planner (CFP)
  • Retirement Planning
  • Investment Management
  • Financial Planning

Business Description

Paragon Financial, LLC, is a firm that caters to the needs of clients in the Asheville area. It provides financial planning services for individuals and families who are looking to create, preserve, and manage their wealth. The company also offers retirement income planning, tax and estate planning, risk management, and education planning. Paragon Financial, LLC’s team of professionals has more than 100 years’ worth of collective experience in the financial industry. Its partners are all Certified Financial Planners.

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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Parsec Financial logo
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Parsec Financial

6 Wall Street, Asheville, NC 28801
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  • Financial Planning

Business Description

Parsec Financial provides services to clients in Asheville and the surrounding areas. The company specializes in managing the wealth of individuals to help them reach their financial goals and needs. It also offers planning services involving business retirement, trust, emerging wealth, and taxes. Parsec Financial is a family-and-employee-owned company that has served over 1,900 businesses, individuals, and families around the community. Its founder, William Boyer, brings over five decades of experience in the investment 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.
3.9
Google
4.2 / 5 (5)
Yelp
3.5 / 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.
5.0
Responsiveness
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Detail
Starks Financial Group logo
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Starks Financial Group

440 Montford Avenue, Asheville, NC 28801
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  • Certified Financial Planner (CFP)

Business Description

Starks Financial Group is an independent and woman-owned company that serves clients in Asheville. It guides women, retirees, same-sex couples, and investors in achieving their financial objectives. Its financial planners are advocates of empowerment through financial literacy. Founder Dawn G. Starks established the firm in the metro area in 1999. Her company is affiliated with the broker-dealer firm, Raymond James Financial Services. Starks Financial Group gives back to the community through volunteer works and charitable giving.

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)
Yelp
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
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The Palmer Group logo
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The Palmer Group

603 Alliance Court, Asheville, NC 28806
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  • Financial Planning

Business Description

The Palmer Group has been providing business and financial planning solutions to clients in Asheville since 1990. Jeffery Palmer, its founder, is a chartered financial consultant who serves professionals, physicians, and business owners. His financial planning solutions include retirement and tax planning, risk and investment management, and insurance review. He incorporates personalized guidance to help clients and their families achieve their financial objectives. Palmer also provides a financial management maintenance program to monitor the client's management process and make adjustments if necessary.

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
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Detail
Webb Investment Services Inc. logo
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Webb Investment Services Inc.

82 Patton Avenue, Suite 610, Asheville, NC 28801
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  • Certified Financial Planner (CFP)

Business Description

Webb Investment Services, Inc., helps retirees, families, and business owners around Asheville plan and manage their finances. It employs a partnership-based approach where close communication and detailed assessment are fostered to help clients set their goals. It helps them invest with their values and effectively transfer their assets in matters such as estate and retirement planning, investment management, and wealth protection. Since 1995, founder Laura Webb has been providing support to female professionals around Western North Carolina as a Certified Financial Planner.

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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Wessel Investment Counsel, L.L.C. logo
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Wessel Investment Counsel, L.L.C.

22 South Pack Square Suite 400, Jackson Building, Asheville, NC 28801
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  • Certified Financial Planner (CFP)

Business Description

Wessel Investment Counsel, L.L.C., offers financial planning and portfolio management services to its clients based in Asheville. Adhering to fiduciary standards, the independent advisory firm helps its clients by focusing on portfolio suitability, insurance analysis, and education funding, as well as planning for retirement and long-term care. Providing trust management and annuity rescue to aid their financial health, it also assists its clients in designing their portfolios that strike a balance between reaching a realistic profit margin and reducing the risks involved.

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.
5.0
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Woodstone Financial, LLC logo
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Woodstone Financial, LLC

30 Town Square Boulevard Suite 208, Asheville, NC 28803
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  • Certified Financial Planner (CFP)

Business Description

Woodstone Financial, LLC, serves the Asheville metro and its surrounding areas. The company provides financial advice and crafts cash flow and expense management strategies, as well as legacy and retirement plans, based on what will help its clients reach their financial goals. Financial advisors from the firm gauge each client's risk tolerance level, design a diverse portfolio, and monitor retirement income while factoring in future taxes, inflation, and the projected rate of return on their portfolio. The founder, Joel Kelley, is a registered advisor at 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
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
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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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