Expertise.com

2024

Last updated:

Best Financial Advisors in Newark

Our Recommended Top 8

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

71Reviewed

45Curated

8Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
67 Forest St, Suite 271, Newark, NJ 01752
  • Estate Planning
  • Certified Financial Planner (CFP)
  • Tax Planning
  • Investment Management
  • 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 logoFEATUREDExpertise.com

SmartAdvisor by SmartAsset

Newark, NJ
  • 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
221 River Street, Hoboken, NJ 07030
  • Estate Planning
  • Certified Financial Planner (CFP)

Why choose this provider?

Hudson Oak is a financial and investment advisory firm serving clients in Newark. The firm was established in 2018 by Brian Sheahen, a certified public accountant and financial planner who carries a decade of experience in the industry. Sheahen provides financial planning services to a select group of individuals, in particular high-earners and wealthy households. These services include retirement and cash flow planning, wealth transfer, equity compensation, and debt management planning. Hudson Oak has also partnered with Planning Network, Ameritrade, and NAPFA.

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

Website
35 Canoe Brook Road, Short Hills, NJ 07078
  • Estate Planning
  • Certified Financial Planner (CFP)
  • Retirement Planning
  • Insurance Products
  • Tax Planning

Why choose this provider?

OFC Wealth Management offers personalized financial planning solutions to clients in Newark and the surrounding areas. The firm was established in 2005 with a primary goal of helping families and individuals grow, manage, and protect their wealth. Some of the firm's services include estate planning, retirement planning, asset allocation, education planning, and investment management. OFC Wealth Management has three Certified Financial Planners and a Certified Public Accountant among its staff. It is also affiliated with the National Association of Personal Financial Advisors.

Website
51 John F Kennedy Parkway, Short Hills, NJ 07078
  • Tax Preparation

Why choose this provider?

Founded in 2003, LodeStar Advisory Group, LLC, is an independent wealth management firm that has been serving individuals, business owners, and families in Newark and the surrounding areas. It empowers clients with downside protection strategies, investment management, tax minimization strategies, and second opinion service. Its team of financial advisors guides and assists clients throughout the entire financial planning process. LodeStar Advisory Group extends its services to clients in Arizona and Florida.

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)

Website
24 Broadlawn Drive, Livingston, NJ 07039
  • Certified Financial Planner (CFP)
  • Insurance Products

Why choose this provider?

INDFIN LLC is a consulting and advisory firm that services the Newark metro and its surrounding areas. The independent company designs a comprehensive plan according to clients' financial worries, objectives, and goals. Its team takes into consideration customers' current insurances, investments, contingency funds, tax considerations, debt management, and estate planning issues for its frameworks. Additionally, the business provides long-term assistance through its ongoing services. INDFIN LLC has been serving individuals and families for more than 25 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
5 Becker Farm Road, Roseland, NJ 07068
  • Estate Planning
  • Certified Financial Planner (CFP)
  • Estate and Trust Specialist
  • Private Wealth Advisor
  • Retirement Planning
  • Tax Preparation
  • Tax Planning

Why choose this provider?

Mariner Wealth Advisors is a firm that caters to personal and commercial clients in Newark. It advises personal clients on wealth planning, investment management, tax planning, estate planning, and trusts. The firm's team also presents insurance solutions. Its CEO, Marty Bicknell, was recognized as part of the Power 100 List from 2014 to 2019 by the Kansas City Business Journal. Mariner Wealth Advisors has been assisting clients with their financial decisions for over 15 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
3 Claridge Drive, Verona, NJ 07044
  • Estate Planning
  • Certified Financial Planner (CFP)

Why choose this provider?

Locker Financial Services LLC has been advising clients in Newark on financial matters since 1992. The firm's financial planning solution covers the review and analysis of an individual's financial goals, net worth, spending habits, tax issues, and insurance coverages. The team also evaluates and plans long-term objectives for clients, which include growing retirement income and arranging estates. Moreover, the company provides asset management and investment advisory. Its founder, Lauren Locker, is a Certified Financial Planner and a NAPFA-registered advisor.

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.
4.8
Responsiveness
Friendliness
Helpfulness
Detail

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.

  • How do financial advisors in Newark get paid?

    Many financial advisors in Newark charge their clients hourly or on a flat-rate basis. For the management of substantial assets, such as those from high-wealth individuals, these advisors usually charge a percentage, ranging from 0.65% to 1%, of the wealth's value handled. Some of them also earn their pay from the commission they receive when a client purchases a financial product.

  • Which organizations in Newark can help with finding financial advisors?

    The National Association of Personal Financial Advisors can help you find a professional in Newark. You can also check with colleges and universities in the metro, such as Essex County College and Rutgers University, as many financial advisors work closely with educational institutions. Additionally, many of these professionals are members of the local Chambers of Commerce, so you may also reach out to the Newark Regional Business Partnership.

  • Can a financial advisor in Newark assist you in handling debt?

    Yes, a financial advisor in Newark can help you design a plan to put your debts under control. They can determine your cash flow, identify problem areas, and select strategies to restructure debts. Usually, they recommend a course of action while you handle the legwork yourself. These advisors can work with clients on a long-term basis, carefully monitoring plan progress, watching for financial red flags, and catching early on any misstep in the client's decision-making capacities.

  • What are the risks of putting your money in proprietary investments in Newark?

    An investor in Newark can lose a significant amount of money investing in proprietary products if the trades are not properly managed. These investors may face problems if there are conflicts of interest between the firm owning the products and their clients. However, proprietary products also have the potential to earn significant profits.

  • Where can low-income families in Newark find health insurance that fits their budget?

    The state-mandated initiative Get Covered New Jersey is a helpful resource for low-income families. Through this resource, licensed agents and brokers in Newark can assist families in finding health insurance tailored to their needs and budget. To get started, call the Customer Call Center at 1-833-677-1010 or visit the website of Get Covered New Jersey.

  • 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.