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Best Financial Advisors in Edmond

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SmartAdvisor by SmartAsset logo
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SmartAdvisor by SmartAsset

Edmond, OK
  • Estate Planning
  • Financial Planning
  • Investment Management
  • Retirement Planning

Business Description

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
Yelp
4.0 / 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.
4.0
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Price: Free consultation

Arrow Investment Management logo
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Arrow Investment Management

3030 NW Expressway, Suite 200, #421, Oklahoma City, OK 73112
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  • Certified Financial Planner (CFP)

Business Description

Arrow Investment Management provides financial planning services in the Edmond metro and nearby areas. It offers cash flow analysis, debt repayment, and budgeting solutions. The company also deals with account rebalancing and maintenance, tax-loss harvesting, and social security and Medicare optimization. In addition, its financial advisors serve clients who need estate planning services, which include wills and medical directives administration. Chief investment officer Jesse Carlucci is a CFP. He also worked as a university professor for eight years.

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 (5)
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
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Detail
Burnett Financial Group logo
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Burnett Financial Group

2569 S Kelly Ave, Edmond, OK 73013
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  • Estate Planning
  • Retirement Planning
  • Financial Planning
  • Wealth Management

Business Description

The Burnett Financial Group has been serving clients in the Edmond metro and its surrounding areas since 2004. It provides financial, investment, risk management, retirement, and business planning services. Its team of advisors guides individuals, families, and business owners in developing and implementing solutions that meet their needs and allow them to achieve a secure future. The company's president, Ralph Burnett, who has over 25 years of industry experience, is an advisory board member of the FCA.

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

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
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Detail
Capstone Triton Financial Group, LLC logo
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Capstone Triton Financial Group, LLC

14614 Bogert Parkway, Oklahoma City, OK 73134
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  • Estate Planning
  • Financial Planning
  • Wealth Management

Business Description

Capstone Triton Financial Group, LLC, serves communities throughout Edmond. It offers financial and investment counseling and assistance in retirement, estate, lifestyle, and insurance planning. The company aims to help its clients reach their financial goals, maintain financial stability, and achieve flexibility in their lifestyles. It utilizes a meticulous approach and collaborates with other professionals, such as accountants and attorneys, in developing and implementing tailored solutions. Its president is MBA degree holder Michael Dunham, who has promoted the use of 401(k) plans by small businesses in Oklahoma.

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 (239)

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
Castlepoint Wealth Advisors logo
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Castlepoint Wealth Advisors

9112 N. Kelley Avenue Suite B2, Oklahoma City, OK 73131
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  • Tax Planning
  • Certified Financial Planner (CFP)
  • Financial Planning
  • Wealth Management

Business Description

Castlepoint Wealth Advisors is an independent financial management firm that serves Edmond and the surrounding locations. Its team specializes in assisting individuals with over $2 million worth of liquid assets. They take into account clients' personal return and risk objectives and craft investment plans centered on tax efficiency. They also build diverse investment portfolios, which are invested in more than 12,000 companies across the globe. Castlepoint Wealth Advisors was founded by Kendall King, a CFP and Accredited Estate Planner with over 15 years of experience.

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 (4)
Facebook
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
F.I.G. Financial Advisory Services, Inc. logo
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F.I.G. Financial Advisory Services, Inc.

14620 Hertz Quail Springs Pkwy, Oklahoma City, OK 73134
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  • Financial Planning
  • Wealth Management

Business Description

F.I.G. Financial Advisory Services, Inc. is a firm that provides wealth management and financial planning services in Edmond. The team provides guidance to clients on matters like finding the right investments and saving up for retirement or for their child's college fund. F.I.G. Financial Advisory Services was founded in 1983 and has continuously updated its service by using technology for its MyWealth Platform. This allows clients to monitor their insurance policies, investments, and bank accounts in a single log-in.

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
Hughes Warren logo
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Hughes Warren

16350 Muirfield Place, Edmond, Ok 73013
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  • Finance Planning
  • Financial Planning

Business Description

Hughes Warren aids individuals, families, and small businesses within Edmond with their financial planning and wealth management needs. Founded in 2007, the firm helps clients navigate through the financial planning process, offering assistance with asset allocation, the construction of an investment portfolio, and the selection of a manager to keep track of the portfolio. Its presidents, Melinda Warren and Ted Hughes, are both Certified Financial Planners who have more than 50 years of combined experience in financial and estate planning.

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
Ironhorse logo
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Ironhorse

15401 N. May Ave, Suite 500, Edmond, OK 73013
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  • Estate Planning
  • Business Formation
  • Finance Planning

Business Description

Ironhorse is a wealth management company that serves clients in Edmond. It works to address various areas through financial planning, like funding for college education and retirement. The company also manages its clients' portfolios and helps diversify investments to meet lifestyle objectives. Other services include tax and insurance planning. Steve Kaestner, the company's owner, has over three decades of experience in the financial services industry. He is a certified public accountant and served as the director of the non-profit organization Oklahoma Venture Forum.

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.
4.8
Facebook
5.0 / 5 (16)
Google
3.7 / 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.
4.0
Responsiveness
Friendliness
Helpfulness
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Detail
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M Advisor logo
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M Advisor

11212 N. May Avenue Suite 104, Oklahoma City, OK 73120
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  • Estate Planning
  • Certified Financial Planner (CFP)
  • Investment Management
  • Financial Planning

Business Description

M Advisor is a financial services firm serving Edmond. It caters its services to business owners, executives, and medical professionals. The company offers customized financial plans which encompass business, estate, tax, and retirement planning as well as insurance and investments. Its advisors also handle investment management and assist clients in building portfolios aligned to their financial goals. They also assist them with decisions regarding insurance policies and manage existing ones. M Advisor is founded by son and father duo, Derrick and Paul Morton.

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)
Facebook
5.0 / 5 (1)
Raymond James Financial Services, Inc. logo
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Raymond James Financial Services, Inc.

301 N. Bryant Avenue, Edmond, OK 73034
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  • Tax Planning

Business Description

Raymond James Financial Services, Inc., helps clients reach their financial objectives in Edmond. The firm provides families, retirees, business owners, and corporations with comprehensive financial planning. The process includes understanding a client’s risk tolerance and choosing suitable investment vehicles. It also offers education, retirement, longevity, estate, and business planning. In addition, the business assists generous clients through charitable giving strategies. Founder Ancel Airington is a CPA with over 32 years of experience. He served on the UCO Foundation's board of trustees.

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
4.2 / 5 (54)
Facebook
4.8 / 5 (32)

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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Retirement Investment Advisors, Inc. logo
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Retirement Investment Advisors, Inc.

2952 Via Esperanza, Edmond, OK 73013
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  • Certified Financial Planner (CFP)

Business Description

Retirement Investment Advisors, Inc., offers services to assist clients in Edmond in navigating their retirement path. It aids in creating a road map starting from initial consultation, discussion of recommended options, and new account creation, to review and alignment of plans. Its advisors work with people who are already retired, assessing their needs to update their plans. They offer information about tax planning and social security benefits. CEO Randy L. Thurman, a CFP and CPA, has been in the industry since 1986.

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 (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
Rimmer Retirement Advisors logo
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Rimmer Retirement Advisors

13158 N MacArthur Blvd., Oklahoma City, OK 73142
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  • Certified Financial Planner (CFP)

Business Description

Rimmer Retirement Advisors is a financial advisory firm that serves the Edmond metro. It provides personalized financial planning services to help clients achieve their goals and investment management services tailored to clients' risk preferences. Its team of financial advisors also assists in life insurance needs analysis, long-term care planning, and legacy building through estate planning. Stephen Rimmer, the managing partner, established the firm in 2006. He previously served as president of the Central Oklahoma Financial Planning Association.

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)
Yelp
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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Trajan Wealth logo
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Trajan Wealth

301 Lilac Dr, Suite #120, Edmond, OK 73034
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  • Estate Planning
  • Retirement Planning
  • Financial Planning

Business Description

Trajan Wealth is an independent financial advisory company serving individuals and families in the Edmond metro. Its advisors take the time to understand clients' financial goals and educate them on the available solutions. It offers wealth management services that include tactical investment management, high-yield saving account management, and tax planning. The company also renders retirement and estate planning services. Udayan Mitra, a Certified Financial Advisor, has been in the investment management industry for over two decades. He has a Master's degree in Finance.

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 (23)
Google
4.9 / 5 (7)
Yelp
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
Womack Investment Advisers logo
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Womack Investment Advisers

1366 E 15th St, Edmond, OK 73013
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  • Estate Planning
  • Tax Planning

Business Description

Serving Edmond and the surrounding areas, Womack Investment Advisers is a company that offers financial planning and wealth management services. The company offers IRAs and 401k retirement plan options to help clients gain financial freedom after retirement. Its team of professionals can also help clients with portfolio management. Other services the company offers include insurance, estate, tax, and investment planning. Womack Investment Advisers has been in the financial services business for more than 30 years.

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 (8)

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
Back to Providers

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.

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.

What does a financial advisor do?

Financial advisors can have many types of specialties. Generally, a financial advisor advises on or helps to execute a financial plan. Some examples include assisting people with getting out of debt, building out an investment portfolio, and handling taxes.

How much money do I need to work with a financial advisor?

There’s no specific income level you need in order to work with a financial advisor, but there may be a minimum investment amount for certain types of services. Some financial advisors won’t manage your money unless you have $100,000 or more to invest, but this isn’t the case with financial coaches or robo-advisors.

What does a financial coach do?

Financial coaches focus on improving your financial literacy and money management skills. For example, they can help you figure out how to pay down your student loans or decide how much money to put away for retirement. They usually charge by the hour and don’t offer asset management services or investment advice.

When should I use a financial advisor vs. doing it myself?

Smart money management can give you freedom and comfort. Being responsible with your money makes it possible to meet goals and pay for major expenses. A financial advisor is trained and can offer you expertise that would otherwise take years to learn. They know how to save you money and make it go further.

How do I know if my financial advisor is trustworthy?

Because financial advisors aren’t licensed or regulated, it’s up to the client to make that determination for themselves. However, if your advisor is a fiduciary, that means they’re legally bound to act in your best interest. Some types of advisors, including Certified Financial Professionals (CFPs), are held to fiduciary standards.

What\'s the difference between a financial advisor and a financial planner?

The term financial advisor is a broad phrase that encapsulates many specialties, including financial planner. It's similar to how doctor applies to different physicians, while a cardiologist is a specialty doctor. A financial planner helps their client plan to achieve long-term financial goals, such as saving for a house or retirement.

Are financial advisor fees tax deductible?

Until 2018, financial advisor fees were tax deductible as a miscellaneous expense. However, the Tax Cuts and Jobs Act elimited that deduction until at least 2025.

What is a financial consultant?

A financial consultant and a financial advisor are essentially the same. In recent years, financial consultant has become a less popular term, with financial advisor being much more common. Sometimes, the financial professional may opt for the term consultant when offering services to a business rather than an individual.

What is a robo-advisor?

A robo-advisor is essentially an algorithm that manages your investment portfolio for you. Because their services are automated, you’ll pay less than you would for a human advisor — often between 0.25% and 0.50%. They don’t require large initial investments either, making them a popular choice for entry-level investors. However, you won’t get the same level of advice that you would get from a personal financial advisor.

What makes someone a fiduciary?

Fiduciary is a legal term for a person who has a legal or ethical responsibility to act in your best interests. For example, a trustee and a beneficiary. A financial advisor may have a fiduciary obligation to make financial choices that are best for you, even if it means they earn less in commissions or fees.

How often should I meet with my financial advisor?

After your initial meeting, you may only need to check in with your financial advisor on a quarterly or annual basis. Ask them in advance how often you can expect to hear from them, and whether they offer in-person, phone, or virtual meetings.

Should your financial advisor be a fiduciary?

It’s important to understand that only some — not all — financial advisors have a fiduciary obligation to their clients. Always ask your financial advisor if they’re bound by fiduciary duty. If not, it’s possible that they’ll push products or services that earn them the highest commission, not necessarily what’s best for you. Opt for a financial advisor bound by fiduciary duty whenever possible.

Can my financial planner help with taxes?

Financial advisors aren’t necessarily accountants or tax preparers, so don’t expect them to prepare your taxes for you. However, they may be able to provide tax-related advice to help you optimize your returns and deductions. If you need an advisor who can file your taxes, look for one who is also a CPA (Certified Public Accountant).

Do I need a financial advisor?

Ask yourself if a financial advisor can fill a need or solve a problem you can’t easily handle on your own. They can be helpful in a wide variety of ways, such as building budgets or financial plans, finding ways to save money on taxes, creating an investment portfolio, or offering investment advice.

How do financial advisors get paid?

Clients pay to work with a financial advisor whether it’s through fees, commissions, or salaries. If they’re paid by client fees or commissions, their salary is tied to how much business they bring in. The harder they work, the more they make. In comparison, a salaried employee is guaranteed their wage no matter how many clients they have.

What experience should I look for in a financial advisor?

 If you have specific goals or a unique financial situation, look for a financial advisor with expertise in that area. For example, some financial advisors specialize in working with millennials or focus on socially responsible investing.

How much does a financial advisor cost?

A financial advisor’s costs depend on their fee structure. Some advisors charge a fee — either hourly or a percentage of the client assets under management. Another common option is to charge a commission on the products sold or investments made.

Should I hire a financial advisor before buying a house?

While not always necessary, a financial advisor could help you decide how large of a mortgage to apply for, how much money to put down, and how to balance the purchase with other savings and investment goals.

How many financial advisors are there in the U.S.?

According to the U.S. Bureau of Labor Statistics, it’s estimated that there are 218,050 financial advisors. California is the state with the highest employment of financial advisors across the nation.

Do banks offer financial advisors?

Yes, many banks have financial advisors on staff. Your bank may also offer incentives to work with their financial advisors, such as lower fees or free accounts. However, it's important to note that many of the bank's financial advisors don't have a fiduciary obligation and might prioritize the bank's products above all else. There is a cost when working with your bank's financial advisor.

Should I hire a wealth manager?

A wealth manager can help offer complex financial planning services, including tax guidance, estate planning, and legal assistance. While you don't have to be a high-income earner to benefit from a financial advisor, a wealth manager is typically for those that have a high net worth. However, many people build wealth and need a wealth manager later on in life.

Is wealth management worth it?

Wealth management is typically worth it for those who need help with multiple endeavors or comprehensive financial situations, such as charitable contributions or investment portfolio management, or want to protect their assets. A wealth manager can also offer you guidance if you’ve been neglecting your finances or making poor judgements.

How can you tell if a financial advisor is bad?

Your relationship with your financial advisor is a very personal one, as you’re trusting them with your wealth and future. Some general signs that your financial advisor is bad include:

  • They can’t answer your financial questions
  • You have worked with them for a while but haven’t seen a financial improvement
  • They don’t provide you with progress reports
  • They don’t check in with you

What do you need to be a financial advisor?

As mentioned, there are over 100 types of certifications for financial advisors. The training or experience you need will depend on which specialty you want to pursue. Generally, financial advisors need to have:

  • A Bachelor’s degree
  • A General Securities Representative license (Series 7 license)
  • A Certified Financial Planner (CFP) certification isn’t mandatory but is often preferred

Where do financial advisors work?

Where a financial advisor works will depend on what type of financial advisor they are. Financial advisors can work at a variety of places, including:

  • Securities and commodity brokers
  • A bank
  • A credit union
  • Independently
  • Insurance companies
  • Financial investment firms
  • Small investment advisory firms

How much do financial advisors make?

In 2019, the national average salary for a financial advisor was $87,850. However, it’s important to note the average salary varies from state to state and the different focus areas — an investment advisor may make a lot more than a financial planner. Lastly, salary can depend on how the individual is getting paid. Financial advisors can be paid by client fees, commissions, or salaries.

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