Expertise.com

2024

Last updated:

Best Financial Advisors in Amherst

Our Recommended Top 12

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

40Reviewed

28Curated

12Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider
SmartAdvisor by SmartAsset logoFEATUREDExpertise.com

SmartAdvisor by SmartAsset

Amherst, NY
  • Estate Planning
  • Retirement Planning
  • Investment Management
  • Financial 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

Amherst, NY

Why choose this provider?

Need help contacting a Financial Advisor in Amherst? 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
1207 Delaware Avenue, Buffalo, NY 14209
  • Estate Planning
  • Retirement Planning
  • Tax Planning

Why choose this provider?

Eudaimonia Wealth is a team of financial advisors near Amherst that offers financial planning services to individuals and groups in the metro. The firm is headed by Brett A. Koeppel, a certified financial planner (CFP) who opened the firm in 2019 after a successful career in a large corporation. Retirement planning, investment management, estate planning, risk management, and tax planning are among his services. Brett is a member of the local Habitat for Humanity board of directors.

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 (10)

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
––

Website
100 Corporate Parkway, Buffalo, NY 14226
  • Estate Planning
  • Certified Financial Planner (CFP)
  • Retirement Planning

Why choose this provider?

Founded in 1981, Nottingham Advisors caters to the financial needs of customers in Amherst and its surrounding areas. Its team of asset allocation specialists offers services such as wealth accumulation strategy identification, tax planning, insurance advice, and legacy planning. The company also provides options like investment policy statement review and construction, board member onboarding, and fiduciary training for institutional investors. Nottingham Advisors manages more than $1.1 billion in assets for its clientele.

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
1404 Sweet Home Road, Buffalo, NY 14228
  • Certified Financial Planner (CFP)

Why choose this provider?

Orchestral Financial Group Inc. serves individuals, families, and businesses in Amherst and the surrounding communities. It offers a wide range of financial services, including financial planning, insurance planning, and investment advisory. The firm works with Certified Financial Planner attorneys, accountants, and practitioners to develop and implement financial plans based on the customers' goals. Michael Birenbach, the president of the company, is a member of the Financial Planning Association of Western New York.

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
7606 Transit Road, Buffalo, NY 14221
  • Estate Planning
  • Insurance Products

Why choose this provider?

Established in 2013, Buffalo First Wealth Management, LLC, is an independent financial planning and investment advisory firm that serves the residents of Amherst and its neighboring areas. It offers comprehensive financial planning, proactive tax planning, institutional consulting, and risk management options. In addition, its team of financial advisors handles estate planning and philanthropy, family CFO services, and investments. The company’s founder and chief executive officer, Kevin R. Connolly, is a member of the Amherst Chamber of Commerce.

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
Google
4.4 / 5 (7)
Facebook
5.0 / 5 (6)
Yelp
2.0 / 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
Friendliness
Helpfulness
Detail

Website
1412 Sweet Home Road, Amherst, NY 14228
  • Certified Financial Planner (CFP)
  • Retirement Planning
  • Tax Planning

Why choose this provider?

Level Financial Advisors is an Amherst-based financial advisory firm established in 1979. The firm aims to educate its clientele about financial wealth and help them achieve their goals while also caring for their future generations. Level Financial Advisors specializes in retirement investing designed to help individuals diversify their funds and ensure their retirement, tax planning to help clients optimize their expenses and significant tax savings, and legacy planning to ensure that assets are distributed to the appointed recipients. The company has six Certified Financial Planners.

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
Friendliness
Helpfulness
Detail

Website
2410 North Forest Road, Getzville, NY 14068
  • Estate Planning
  • Certified Financial Planner (CFP)
  • Retirement Planning

Why choose this provider?

Landmark Wealth Management is an independent financial advisory practice that serves Amherst and its surrounding areas. Acting in a fiduciary capacity, the firm serves high-net-worth clients with investment consulting, retirement planning, and estate and generational wealth planning services. The firm also offers a wide array of tax services for individuals and businesses. Co-founder and partner at the firm Brian Laible has been in the wealth management service industry for two decades. In 2011, he received the Business First’s 40 Under 40 award.

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
305 Spindrift Drive, Williamsville, NY 14221
  • Estate Planning
  • Retirement Planning

Why choose this provider?

The Financial Guys is an independent wealth management firm that has been serving individuals, families, and businesses from Amherst and the surrounding areas for more than two decades. Its financial services include estate planning, retirement planning, divorce planning, and Social Security planning. The firm also provides investment management services, 401k assistance, insurance assistance, and home loans and mortgages assistance. The Financial Guys has been featured on The Wall Street Journal, Financial Advisor Magazine, and Bloomberg.

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.
4.7
Google
4.7 / 5 (68)

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
––

Website
6400 Sheridan Drive, Buffalo, NY 14221
  • Certified Financial Planner (CFP)

Why choose this provider?

Ogorek Wealth Management LLC serves the community of Amherst and its surrounding areas. It offers financial planning services that include income tax planning, estate planning, and insurance planning. The firm also features its Return on Life program for retirees and individuals planning to retire. Founder Anthony J. Ogorek has been in the financial services industry since 1983 and has been consulted by national and local media such as The Wall Street Journal and Business First.

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)

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
4925 Main Street, Amherst, NY 14226
  • Estate Planning
  • Certified Financial Planner (CFP)
  • Retirement Planning

Why choose this provider?

Spectrum Wealth Management has been serving individuals and businesses in and around the Amherst area for more than three decades. The full-service financial firm offers various financial planning services, including retirement, tax, life insurance, long-term care insurance, estate, and Medicaid planning. John M. Lunghino, president of the firm, is a member of numerous organizations, including the American Institute of Certified Public Accountants and the New York State Society of Certified Public Accountants.

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
Responsiveness
Friendliness
Helpfulness
Detail

Website
1323 North Forest Road, Amherst, NY 14221
  • Retirement Planning

Why choose this provider?

Wilcox Financial guides Amherst women in taking ownership of their financial freedom through holistic financial planning. The firm employs goal assessment and data collection in building a client’s financial plan. Its financial planning service covers asset allocation, insurance review, and social security analysis. The firm also actively monitors and manages a client’s account through wealth management. Wilcox Financial offers corporate programs for financial wellness. It strives to be a safe space where women can gain financial knowledge.

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)

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 is a tax-efficient way to save for your child’s college education in Amherst?

    To save for your child’s college education in a tax-efficient way, consider investing in a 529 College Saving Plan. Your contributions are federally taxable, but your distributions in the future will be tax-free. The 2006 Pension Protection Act stipulates this tax-free procedure. By the time your child needs the funds, and when the tax rate may be higher, you won’t have to pay taxes on the fund. Speak with your Amherst financial advisor about integrating a 529 plan into your portfolio.

  • What are the advantages of hiring a fee-only financial advisor in Amherst?

    The fee-only compensation model offers you particular benefits, including transparent fees, and disclosure of any conflict of interest when it comes to financial products being offered. There will be no surprise costs. Also, advisors working fee-only in Amherst do not earn commissions from third parties. They're able to provide you with unbiased guidance regarding investments and are not motivated by how much commission they can earn.

  • How do tax deductions, and non-refundable and refundable tax credits benefit your financial plan in Amherst?

    Tax deductions minimize your taxable income, and tax credits minimize the taxes you need to pay. An experienced Amherst financial advisor can recommend investments and retirement or savings plans that take advantage of tax deductions and credits. Getting refundable tax credits is particularly beneficial. If your refundable tax credit is more than your taxes, the residual credit can actually be returned to you as a refund. Meanwhile, non-refundable tax credits don't give you back the residuals.

  • What are the benefits of getting your own disability income insurance if you already have group disability insurance from your employer in Amherst?

    Having your own standalone disability income insurance means not having your coverage cut when you change employers. Also, benefits from an individual policy are not taxable since you are the payor. Meanwhile, the benefits you’ll receive from group insurance are taxed and capped to a certain amount. Some group insurances in Amherst do not cover commissions and bonuses. Having an individual policy is a great way to supplement these income gaps while you're injured or sick.

  • Why should you hire a divorce financial advisor in Amherst?

    A divorce financial advisor can help divorcing couples manage the financial aspect of the process, including conducting an asset inventory, sorting out pension and insurance benefits that need division, providing guidance on the tax implications of divorce, and advising on debt settlement. The Amherst financial advisor can also help plan for an ex-spouse’s cash flow and expenses post-divorce.

  • 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.