Expertise.com

2024

Last updated:

Best Financial Advisors in New York City

Our Recommended Top 18

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

1947Reviewed

1175Curated

18Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
445 Park Avenue, New York, NY 10022
  • Estate Planning
  • Investment Management
  • Certified Financial Planner (CFP)
  • Retirement Planning
  • Tax Planning

Why choose this provider?

Altfest Personal Wealth Management has been serving individuals and businesses in New York City since 1983. The firm helps clients in managing their investments through its proprietary Total Portfolio Management investment and financial planning tool. Additionally, its advisors assist clients with retirement, tax, insurance, estate, and cash flow goal planning. Its founder and CEO, Lewis Altfest, is a recipient of the 2007 Charles R. Schwab IMPACT Award. He is also listed on Who's Who in Finance and Who's Who in America.

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

Price: Complimentary Consultation

Website
67 Forest St, Suite 271, New York City, NY 01752
  • Estate Planning
  • Certified Financial Planner (CFP)
  • Investment Management
  • Tax Planning
  • 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

New York City, NY
  • 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
New York City, NY 10020

Why choose this provider?

Flores Wealth Planning of New York City takes a holistic approach to financial planning and investment management by getting to know its clients and their goals before beginning to discuss finances. The firm’s fiduciary, Arthur Flores, CFP®, makes himself accessible to his clients by offering weekend and evening appointments along with the option of meeting in person or virtually via Skype or Google Hangouts. Flores Wealth Planning helps clients plan for retirement by managing cash flow, investments, and debt. The firm works with clients to develop strategies such as insurance plans, estate plans, and education plans, to ensure the client’s family members will be protected in the future. Flores Wealth Planning is a fee-only financial planning firm.

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
New York City, NY 10016

Why choose this provider?

Park Avenue Financial Advisors in New York City helps clients achieve their financial goals by offering personalized advice on topics such as investment planning, wealth accumulation and preservation, estate and gift planning, tax impact planning, educational funding plans, and life insurance plans. The firm serves clients from a range of financial backgrounds, whether they already have sizable assets to manage or are just starting to build their financial portfolios. Park Avenue Financial Advisors has over three decades of experience in the financial planning industry. The firm offers a range of insurance plans and investment opportunities in addition to short- and long-term financial planning strategies.

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
521 5th Avenue, 15th Floor, New York, NY 10175
  • Estate Planning
  • Certified Financial Planner (CFP)
  • Tax Planning
  • Charitable Giving
  • Investment Management
  • Financial Planning

Why choose this provider?

Wealthspire Advisors, an independent registered investment advisor, serves clients in New York City and the surrounding areas. Composed of fiduciary advisors with high regard for connecting various areas of clients’ financial lives, Wealthspire strives to deliver collaborative strategies optimizing finances and fulfilling aspirations. Its financial advisors deliver customized planning, continuing education, and coordination. It was recognized as a Top RIA by Barron’s and Financial Advisor Magazine for the last four consecutive years and has been featured on Forbes’ Top RIAs, Best-in-state Advisors, and Top Women Advisors lists.

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.
3.5
Responsiveness
Friendliness
Helpfulness
Detail

Website
99 Wall Street, New York, NY 10005
  • Tax Preparation
  • Tax Planning

Why choose this provider?

Bikham Finance serves individuals, CPA firms, and privately held businesses in New York City. It offers financial advisory services to help clients navigate complicated decisions about wealth and investments. The company assists them in managing their funds, taxes, debts, and equities. Its other services include payroll processing, bookkeeping, cash flow and working capital management, budgeting and forecasting, and internal controls consulting. Bikham Finance is a member of the National Society of 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
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.
4.5
Responsiveness
Friendliness
Helpfulness
Detail

Website
31 West 34th Street, New York, NY 10001
  • Estate Planning
  • Retirement Planning
  • Tax Preparation
  • Tax Planning

Why choose this provider?

Serving clients in New York City, Zoe Financial, Inc., is a financial planning company helping individuals grow their monetary assets for the long run. The team possesses an extensive portfolio of financial products and solutions, including asset management, debt management, retirement planning, and tax strategy. Its financial advisors also specialize in home purchasing, investment management, family and estate planning, and post-divorce asset distribution. The firm's founder, Andres Garcia-Amaya, has worked for over 15 years at Wall Street companies.

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 (29)

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
231 West 29th Street, New York, NY 10001
  • Retirement Planning

Why choose this provider?

Payne Capital Management is an independent financial planning and advisory firm that serves clients in New York City. The company guides clients in making decisions about personal savings, personal retirement, corporate retirement, stock options, education, and estate. Its personal savings option involves equity or growth strategy, money market cash strategy, bond accounts, tax harvesting, and budgeting. Payne Capital Management was established in 2008. One of its founders, Bob Payne, has 40 years of experience in the wealth management 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.
4.4
Google
5.0 / 5 (6)
Yelp
1.0 / 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
379 Thornall Street, 6th Floor, Edison, NJ 08837
  • Certified Financial Planner (CFP)

Why choose this provider?

Gitterman Wealth Management, LLC is an independent advisory firm that specializes in working with high-net-worth individuals in the New York City area. The firm focuses on ESG and values-based investing, with an emphasis on sustainable and climate-focused strategies. Co-founding partners Jeff Gitterman and Eli Rauch have over 45 years of combined experience as financial advisors. Gitterman was named as an ESG expert by Financial Advisor magazine and RIA "Thought Leader of the Year" by WealthManagement.com in 2018.

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.
3.8
Google
3.8 / 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
1460 Broadway, New York, NY 10036
  • Estate Planning
  • Retirement Planning
  • Tax Planning

Why choose this provider?

Earn Into Wealth is a financial firm that assists individuals and business owners in the New York City area. Its services include planning topics about cash flow and budgeting, debt management, tax planning and employee benefits, career and business choices, as well as equity and stock compensation, risk management, investments and retirement planning, and estate planning. Earn Into Wealth prepares a comprehensive planning process for its clients. Its team of financial advisors meets, advises, coaches, and helps implement any chosen strategy.

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 (9)
Facebook
5.0 / 5 (6)
Google
5.0 / 5 (4)

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
39 Broadway, New York, NY 10006

Why choose this provider?

Based in New York City, Francis Financial, Inc. is a group of financial advisors dedicated to serving individuals and families. These professionals aim to help their clients with wealth management, which covers the areas of planning, growing, and protecting their assets as they go through life-altering events such as divorce, widowhood, or sudden wealth. Francis Financial, Inc. works closely with clients to identify their interests, goals, values, and relationships. Their team specializes in divorce financial planning to assist clients in securing a settlement that addresses their financial needs.

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
540 Madison Avenue, New York, NY 10022
  • Certified Financial Planner (CFP)

Why choose this provider?

Snowden Lane Partners is an independent wealth management firm serving individuals in New York City. It assists clients in achieving their financial goals through financial planning, retirement planning, liability management, and education plans. The firm also offers investment management services, including cash management, private banking, insurance, and annuities. In addition, Snowden Lane Partners was established by former Wall Street executives. Chairman Lyle LaMothe and managing partner and CEO Rob Mooney have 46 years of combined experience working for Merrill Lynch.

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.
4.2
Google
4.0 / 5 (10)
Facebook
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.
2.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
1120 6th Avenue, New York, NY 10036
  • Retirement Planning
  • Tax Planning

Why choose this provider?

Established in 2012, Momentum Advisors is a New York City-based financial firm that has been serving a wide range of clients—including athletes, charitable organizations, multi-generational families, and entrepreneurs. The business provides tailored investment strategies and financial planning services. Its team of financial advisors also advises customers in the areas of insurance and franchising. Its CIO, Allan Boomer, has been in the financial industry for more than 20 years. In addition, Momentum Advisors collaborates with various financial institutions, such as Morningstar Company and TD Ameritrade.

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
Responsiveness
Friendliness
Helpfulness
Detail

Website
26 Broadway, New York, NY 10004
  • Certified Financial Planner (CFP)

Why choose this provider?

Unique Financial Advisors provides fiduciary financial planning, tax services, and investment management to individuals and businesses in New York City. It assists its clients in creating investment frameworks and manages their money in tax-efficient portfolios. It also develops cash flow and net worth statements, consolidates accounts, and creates budgets and spending plans. The company's owner, Vid Ponnapalli, is a Certified Financial Planner who also became an Enrolled Agent to be able to represent clients in the IRS.

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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
120 West 45th Street, New York, NY 10036
  • Certified Financial Planner (CFP)
  • Tax Planning

Why choose this provider?

For over 30 years, Seasons of Advice has been serving the New York City area by offering professional guidance to clients looking to retire or manage their wealth. Its advisors help clients by going through what they call seasons, which are phases that include goal tracking, asset allocation, and tax planning. Other services include investment management and insurance services. Seasons of Advice was founded in 1990 by Charles Hamowy, who is the editor-in-chief of the Socially Inspired Investor digest.

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.
3.3
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
2 Park Avenue Suite 300, New York, NY 10016
  • Private Wealth Advisor

Why choose this provider?

Drucker Wealth is a third-generation financial advisory firm that serves Bayonne. It helps young professionals, pre-retirees, and employees of tech companies like Google and Amazon in managing their income through holistic financial planning and investment management services. Its finance advisors conduct assessments, formulate action plans, implement strategies, and facilitate monitoring and advisory meetings. The firm was established in 1959 and is active in supporting the community. It advocates for organizations such as Folds of Honor, SOFA, and Baking Memories 4 Kids.

License Verified:

License: 1405843

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 (29)

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
12 East 49th Street, New York, NY 10017
  • Estate Planning
  • Certified Financial Planner (CFP)
  • Tax Planning

Why choose this provider?

Blackdiamond Wealth Management is a modern boutique financial planning firm that caters to individuals and business owners in New York City and the neighboring areas. With a team consisting of people from diverse backgrounds, ranging from accounting to fine arts, the firm understands that each client's financial situation is unique and customizes the plan accordingly. Founder and managing partner, Sean Hollitz, has over three decades of experience in the industry, 10 years of which were spent at Lenox 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
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.

  • Can you sell your annuity for immediate cash in New York?

    Yes, you can sell your annuity to get immediate cash in New York. You can either sell your payments from the annuity for a set period of time, sell a lump sum of the annuity payout you’re entitled to receive, or sell the annuity in its entirety, basically giving up your remaining interest in the contract. Selling an annuity is a legal process, and it's better to talk to a financial advisor to be guided accordingly.

  • How can you sell your annuity in New York?

    A number of companies in New York purchase annuities and structured settlements. If you plan to sell your annuity, you need to compare the value the companies are offering. Some companies offer between 60% and 80% of what the annuity is worth in cash. You also need to complete paperwork related to the sale and schedule a court date for a hearing, as selling an annuity is a legal process. A judge is the only one who has the authority to approve the sale of an annuity.

  • Can you sell your life insurance policy in New York?

    Yes, you can sell your life insurance policy in New York to a third party for cash. However, there are limitations, tax implications, and fees to consider. Also, selling your life insurance means you lose ownership of the policy, and your beneficiaries will not get any death benefit when you die.

  • Who is eligible to sell life insurance policies in New York?

    Most individuals in New York can sell their insurance policies if they want to, but there are some limitations. To be able to sell an insurance policy, the policyholder or owner of the insurance should be the one selling it. Another requirement is that the policy must have a death benefit of at least $100,000. In most cases, the policyholder should be at least 65 years old to sell a policy. Exceptions apply for younger people who have verifiable health conditions. 

  • Can you take a loan against your 401(k) in New York to pay off debt?

    Yes. It is possible to take a loan against your 401(k) in New York to pay off debt. You can either take a 401(k) withdrawal or take out a 401(k) loan. Note that there are tax implications for taking early withdrawals from your retirement account, thus, most people opt for the 401(k) loan option instead.

  • 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.