Expertise.com
2024

Last updated:

Best Financial Advisors in Sparks

Our Recommended Top 5

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

27

Reviewed

18

Curated

5

Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
401 Flint St, Reno, NV 89501
  • Certified Financial Planner (CFP)
  • Financial Planning
  • Wealth Management

Why choose this provider?

Nevada Family Wealth helps clients in Sparks in customizing a financial plan according to their goals. It offers its wealth planning services and investment advice to licensed professionals, closely held business owners, relocating Californians, retirees, and independent women such as widows and divorcees. Its team of financial advisors works with clients to address every essential financial matter in their lives. This allows them to create a suitable financial roadmap based on the clients' interests and tailored to their specific situation.

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.
3.3
Responsiveness
Friendliness
Helpfulness
Detail
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Website
2255 Green Vista Drive Suite 403, Sparks, NV 89431
  • Certified Financial Planner (CFP)
  • Financial Planning
  • Wealth Management

Why choose this provider?

Peterson Wealth Management is an independent fiduciary firm with offices in Sparks and Fallon. It assists clients in managing and investing their money, providing comprehensive financial planning services. Its advisors give insights on preparing for desirable retirement lifestyles and managing investment portfolios. They also offer assistance with estate planning and education funding, as well as life, disability, and long-term care insurance. Principal D. Scott Peterson has series 6, 7, 63, 66, and 24 security licenses.

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
Google
4.0 / 5 (4)

Website
6745 Sierra Center Parkway, Reno, NV 89511
  • Certified Financial Planner (CFP)
  • Financial Planning

Why choose this provider?

Tahoe Rim Wealth Advisors is a firm that serves the residents of Sparks. It provides financial planning services across a range of areas—including estate, retirement, and taxes—and recommends investment options, such as bonds and common stocks. It also offers disability income, life, and long-term care insurance. Its financial advisor Joanna Moran works with Cetera Advisor Networks LLC and has experience assisting business owners, executives, professionals, and retirees alike in the efficient allocation of their financial assets.

Website
1 E. Liberty Street Suite 600, Reno, NV 89501
  • Estate Planning
  • Certified Financial Planner (CFP)
  • Retirement Planning

Why choose this provider?

Vantage Wealth Planning is a firm serving Sparks. It provides a range of personalized services that handle various areas of financial life. It offers individual planning services that are customized to their clients’ financial goals, including wealth accumulation and management. In addition, it offers retirement plan management for businesses, including qualified retirement plans, fiduciary protection, and institutional class investing. Its process includes asset allocation, Investment Policy Statement implementation, rate of return targets, rebalancing, risk tolerance, and security selection.

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

Why choose this provider?

American Wealth Management offers financial planning to the locals of Sparks. The firm helps its clients set and achieve their lifelong financial goals through a customized strategy that reflects who they are and what they value. Some of their services are risk and investment management, financial planning, and tax and estate planning. Patricia Meidell, a Certified Financial Planner, founded American Wealth Management in 1992. She is on the Board of Trustees for National Endowment for Financial Education.

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
Facebook
5.0 / 5 (2)
Google
1.0 / 5 (1)
Yelp
5.0 / 5 (1)

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.

  • How can you pay no interest on a credit card in Sparks?

    Consider applying for a credit card in Sparks with a 0% APR introductory term and a transfer fee to pay off the debt in 12 to 21 months. You can also avoid paying interest by transferring your debt to a newly approved credit card. Obtaining a new credit card, on the other hand, may lower your credit score sufficiently to jeopardize your loan application or interest rate.

  • Is the 80% saving rule for retirement mandatory in Sparks?

    The 80% rule is only intended to guide retirement income planning in Sparks. For the purposes of this calculation, 80% refers to the retiree's final year's gross income rather than their net pay, which is reduced as deductions are made. Finally, one's retirement income plan should be tailored to their specific needs, expenses, and available resources.

  • What does understanding your time horizon in Sparks mean?

    Understanding the time horizon means anticipating the length of time until you require access to the funds you have invested in Sparks. For example, your time horizon will be influenced by your children's school age and the number of years you have to fund their education. The longer your time horizon, the more flexibility you have in pursuing high-yield investments and enduring market downturns. If you have a shorter time frame, you must choose safer, less volatile investments.

  • What are the biggest disadvantages of annuities in Sparks?

    Surrender fees and taxes are two of the most significant drawbacks of an annuity in Sparks. The highest surrender charges are frequently incurred when funds are withdrawn prematurely or the annuity contract is cancelled. In addition, unless an exemption applies, the federal government imposes a 10% penalty on taxable income for withdrawals made before the age of 59 1/2.

  • Can you get by your Social Security benefits alone in Sparks?

    Depending on your lifestyle needs, the average monthly Social Security income in Sparks may not be sufficient. It is ideal to have multiple sources of retirement income. It is possible, however, to live solely on Social Security benefits. To maximize your retirement income, you can work until the age of 70 to increase the size of your reward upon retirement withdrawal. You might also think about downsizing your home or moving to a lower-cost-of-living area.

  • 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.