Expertise.com

2024

Last updated:

Best Financial Advisors in Reno

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

58Reviewed

38Curated

9Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider
SmartAdvisor by SmartAsset logoFEATUREDExpertise.com

SmartAdvisor by SmartAsset

Reno, NV
  • Estate Planning
  • Financial Planning
  • Retirement Planning
  • Investment Management

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
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Price: Free Consultation

Reno, NV

Why choose this provider?

Need help contacting a Financial Advisor in Reno? 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
1575 Delucchi Lane, Reno, NV 89502
  • Certified Financial Planner (CFP)
  • Retirement Planning
  • Tax Planning

Why choose this provider?

Costelloe Financial is an independent financial firm that helps clients in Reno. It offers various financial planning services, such as 401(k) and 403(b) planning, college plans, money management and purchasing, and profit-sharing plans. It also offers different types of insurances, including life, disability income, and long-term care insurance. Clients can also choose from its investment and account services and estate planning strategies. Since 2008, the firm's Certified Financial Planner, Michael Costelloe, has been teaching Retirement Planning Today for TMCC’s Workforce Development Program.

Website
570 Hammill Lane, Reno, NV 89511
  • Certified Financial Planner (CFP)

Why choose this provider?

Established in 1988, American Wealth Management serves the residents of Reno. Its team of professionals provides financial planning services that cover goal setting, analysis and evaluation, recommendation presentation, strategy implementation, and monitoring. They offer investment management, estate planning, risk management, and tax planning services. Founder Patricia Meidell has almost 40 years of financial industry experience. She and her team believe that investing in the community helps strengthen the next generation. They support various organizations, including Reno Philharmonic and Food Bank of Northern Nevada.

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.
4.5
Yelp
4.5 / 5 (22)

Website
4741 Caughlin Parkway, Reno, NV 89519
  • Certified Financial Planner (CFP)

Why choose this provider?

Open Window Financial Solutions, Ltd., is a wealth services company that serves clients in Reno and its surrounding areas. It offers a wide array of financial planning and wealth management services, including financial and retirement planning, estate and tax management, and investment management. Joe Hollen, the firm's founder and president, is a licensed physician and financial advisor with 17 years of professional experience in financial consulting and wealth management services. He acquired his CFP designation in 2006. 

Website
10765 Double R Boulevard, Reno, NV 89521
  • Certified Financial Planner (CFP)

Why choose this provider?

Schultz Financial Group has been providing financial management guidance to clients in Reno for nearly four decades. The firm utilizes the client-involved Four Capitals approach in crafting goals settings. It offers solutions in optimizing cash flow, which involves analyzing, managing risks and capital transfers, and finding opportune disbursements. Its financial managers also devise strategies involving tax liabilities reduction, business, and estate planning. Additionally, venture professionals are provided with individualized portfolio management services. The fiduciary firm is part of 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 (1)

Website
1 East Liberty Street, Reno, NV 89501
  • Estate Planning
  • Certified Financial Planner (CFP)
  • Retirement Planning

Why choose this provider?

Vantage Wealth Planning is a financial advisory firm that has been serving the residents of Reno and the surrounding areas since 2017. It assists clients nearing or in retirement through wealth management services such as strategic income planning, estate and legacy planning, budget development, and lifestyle management. It also helps clients work towards their financial goals through investment management services. Co-founder Benson Mathews has been working in the financial services field for more than 15 years. He also holds the Certified Financial Planner designation.

Website
730 Sandhill Road, Reno, NV 89521
  • Retirement Planning
  • Insurance Products

Why choose this provider?

Aspire Capital is a team of financial advisors dedicated to helping Reno individuals, families, and businesses reach their financial goals. They provide a wide variety of financial planning solutions that can help clients grow their wealth and prepare for life changes and financial challenges. The products they offer include annuities, mutual funds, life insurance, long-term care, and individual retirement accounts. The firm uses cloud-based software called eMoney to manage clients' finances in a secure location.

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
Yelp
5.0 / 5 (22)

Website
11325 Messina Court, Reno, NV 89521

Why choose this provider?

X Vector, Ltd is a financial planning company that serves clients in Reno and surrounding areas. Owned and managed by a registered financial advisor, Josh Flatley, the firm provides comprehensive financial planning services to professionals, especially to those belonging to Generation X. Flatley and his team offer virtual consultations on matters concerning investments, savings, retirement, 401(k), social security, and life insurance. X Vector, Ltd is committed to working with clients throughout the entire financial planning process.

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.

  • Do physicians and other healthcare professionals in Reno need a financial planner?

    Not necessarily. Medical practitioners and other healthcare professionals in Reno possess the ability to acquire knowledge in financial management. Nonetheless, certain financial advisors have discovered that, from a cost analysis perspective, dedicating one's own time and skills to handling personal finances may not be a good choice. Moreover, some physicians face time constraints or simply lack the inclination to personally oversee their financial matters.

  • Why would residents of Reno and the state of Nevada work with certified financial planners?

    In Reno and across the state, it is essential for clients to select a certified financial planner who offers proficient and morally sound services. The CFP certification instills a feeling of reassurance, as it ensures that only individuals who meet rigorous educational, examination, and ethical criteria are granted this distinction.

  • How much does a financial advisor cost in Reno?

    Some financial advisors in Reno provide services with flat fees determined by the size of a client's investment portfolio. These professionals charge a fee equivalent to 43 basis points for investment portfolios ranging from $0 to $299,999.99. For investment portfolios valued at $2,000,000.00 and above, an annual fixed fee of $6,000 is collected.

  • What specific aspects of tax management can financial advisors offer their assistance with to residents of Reno?

    Financial advisors in Reno can assist clients by optimizing tax efficiency in various areas such as investing, retirement planning, and charitable giving. They achieve this by guiding clients in selecting tax-efficient investments, strategically managing asset locations, and implementing tax-loss harvesting techniques. Furthermore, these advisors evaluate different retirement plans, consider contribution limits, and explore potential conversion opportunities.

  • What advantages are there for Reno investors in diversifying their financial advisors?

    By diversifying their financial advisors, Reno investors gain valuable insights into the varying levels of service offered by different investment professionals. Nevertheless, diversification could potentially lead to unsuitable investment allocations and insufficient financial planning if there is a lack of knowledge about the specific holdings. On the other hand, consolidating accounts may allow investors to save on overall expenses related to their investments.

  • 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.