Expertise.com

2024

Last updated:

Best Financial Advisors in Erie

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

34Reviewed

25Curated

12Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider
SmartAdvisor by SmartAsset logo

SmartAdvisor by SmartAssetExpertise.com

Erie, PA
Free Consultation

Expertise.com Rating

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.

  • Estate Planning
  • Retirement Planning
  • Investment Management
  • Financial Planning

Erie, PA

Expertise.com Rating

Why choose this provider?

Need help contacting a Financial Advisor in Erie? 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.

1001 State Street Suite 907, Erie, PA 16501

Why choose this provider?

Erie-based One-Up Financial is a fiduciary firm that helps clients increase their income, lower their taxes, and make smarter investments. It offers two packages: the WealthBuilder, designed for professionals, executives, and business owners who are close to retirement and have most of their investments in a 401(k); and the WealthManager, for retirees. Eric Presogna, the company's founder and CEO, has been in the industry for over a decade. He is also a CPA and a CFP.

  • Retirement Planning
  • Financial Planning
  • Tax Planning

410 Cranberry Street, Suite 340, Erie, PA 16507

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Review Sources

Google
5.0 (3)

Why choose this provider?

Based in Erie, Stoner Financial Management works with clients in implementing a financial plan to meet their goals. Its financial planning services include wealth accumulation, 401(k) rollovers, portfolio segmentation, withdrawal management, and long-term care review. The team takes the time to understand the client's objectives and their reasons. From there, they lay down suitable investment options while considering the client's risk tolerance to help in meeting their needs. The financial advisory firm is also a family business in its fifth decade.

  • Certified Financial Planner (CFP)

359 West 26th Street, Erie, PA 16508

Why choose this provider?

I.M.S. Wealth Management, LLC offers financial advising services to individuals and corporate clients in Erie. It helps clients achieve their financial goals by developing planning and investment strategies. It assists clients in different investment options, such as brokerage accounts, treasury bills, common stocks, and different types of IRA. It also provides guidance in various planning options, such as retirement plans, 401(k) or 403(b), money purchasing, and profit-sharing plans. Its managing principal, Jeffrey Presogna, is a certified valuation analyst and a certified public accountant.

  • Estate Planning
  • Business Formation

1787 West 26th Street, Erie, PA 16508

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Review Sources

Facebook
5.0 (5)

Why choose this provider?

Mosaic Wealth Consulting is an independent advisory firm that caters to the needs of clients in the Erie metro. It provides financial planning services to individuals, families, and businesses that include holistic review, retirement planning, and business planning. Its professionals design personalized strategies that may involve estates, investment, or social security. One of these professionals, David Estatico, has been in the financial planning industry for more than 30 years. Estatico is a designated Certified Fund Specialist.

  • Chartered Financial Analyst (CFA)

235 West 6th St, Erie, PA 16507

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Why choose this provider?

HBKS Wealth Advisors Erie - Wright House has been providing financial planning, retirement planning, and investment management services since 2001. Committed to assisting individuals to achieve their financial objectives, the firm's advisors work with them in crafting comprehensive plans. They also integrate their tax and estate planning into their financial plans. Some of the firm's senior financial advisors have earned their Certified Financial Planner designations. Among them is Ryan Furtwangler, who is also a member of the Financial Planning Association.

  • Certified Financial Planner (CFP)
  • Financial Planning

1250 Tower Lane Suite 101, Erie, PA 16505
Website

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Review Sources

Google
5.0 (2)

Why choose this provider?

Bishop & Company Investment Management, LLC serves individuals and families in Erie and surrounding areas. It offers a variety of financial advisory services to help clients protect and grow their wealth. It develops asset management strategies according to the customers' needs and creates portfolios to assist them in accomplishing their long-term plans. The company also guides individuals in testing risk tolerance and preparing for their retirement. This registered investment advisor (RIA) firm was founded by Michael W. Bishop.

  • Chartered Financial Analyst (CFA)

900 State Street Suite 103, Erie, PA 16501

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Why choose this provider?

Evident Financial provides financial planning and investment management in the Erie metro and the surrounding areas. The firm works toward its clients' benefit, which includes planning for the unexpected, keeping more of what they earn, minimizing expenses and taxes, and protecting their assets for future generations. Additionally, in partnership with Vestwell, it streamlines the 401(k) experience for employers and employees. David Cullen, the founder and CEO, has more than 40 years of wealth and investment management experience.

  • Chartered Financial Analyst (CFA)

2201-2205 West Grandview Blvd., Erie, PA 16506

Expertise.com Rating

Review Sources

Google
5.0 (7)
Facebook
5.0 (1)

Why choose this provider?

Kress Financial Services has been serving clients in the Erie area for more than three decades, helping individuals and families reach their financial goals. Its wide array of services includes financial analysis, portfolio management, and retirement and business succession planning. Leading the team is Daniel G. Kress, a Chartered Financial Consultant and Certified Financial Planner who is a member of the National Association of Insurance and Financial Advisors. The firm is affiliated with Royal Alliance Associates, Inc.

  • Retirement Planning
  • Wealth Management

2218 Deer Run Trail, Erie, PA 16509

Why choose this provider?

Magnus Wealth Management provides financial planning services to individuals in Erie and the neighboring areas. This company focuses on assisting clients in pursuing their financial goals by helping them establish financial plans or strategies. Its team follows a financial planning process that involves initial meetings, personalized plan presentations, reviewing, implementation, and monitoring. Magnus Wealth Management works with Vicus Capital, Ash Brokerage, and Cetera Advisor Networks LLC to cater to the financial planning needs of clients.

  • Finance Planning
  • Wealth Management

100 State St. Suite 420, Erie, PA 16507

Expertise.com Rating

Review Sources

Facebook
3.9 (14)

Why choose this provider?

Freedom Investment Management Group (FIMG) offers personalized and comprehensive financial planning in the Erie metro. As fiduciary for their clients, the firm is able to keep their interests at the forefront, serving as their personal wealth coach and coordinating with other professionals that its clients already work with. Robert D. Maring and Dave L. Close's rapport led to the establishment of FIMG in 2015. Together, they work as managing directors, drawing on a combined industry experience of more than 50 years.

  • Certified Financial Planner (CFP)
  • Private Wealth Advisor
  • Investment Management

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 you have to pay taxes for all your investments in Erie?

    Not all investments in Erie are subject to taxation. Tax-free money market funds and municipal bonds or municipal bond mutual funds are usually exempted from taxes. The first kind, tax-free money market funds, take your investment, pool it with other investors' cash, and put it in short-term notes of state and local governments. Municipal bonds invest in capital expenditures made by state or local governments.

  • In Erie, how does diversifying your investments work?

    Diversifying your investments in Erie allows you to offset the risks and losses involved in investing in a volatile market. A well-thought-out blend of assets—such as bonds, stocks, and insurance—can help ensure you have regular returns and prevent significant losses when one or more of your investments fail.

  • What changes should you make to your retirement plan when transitioning from employee to business owner in Erie?

    When you become a business owner after being employed in Erie, it is generally advised that you roll whatever employer-sponsored retirement plan you had into another plan, such as a traditional IRA or your own employer-sponsored plan. You can work with a financial advisor to find the option that suits you best, such as traditional IRAs if you want something simple or Savings Incentive Match Plan for Employees IRAs if you plan on employing less than 100 employees.

  • What are some signs that a financial advisor in Erie is wrong for you?

    Some signs that a financial advisor in Erie is not suitable for you include a lack of a financial plan that covers factors such as retirement plans and cashflow budgeting alongside investments, the gradual drop-off in quality of meetings past initial employment, and a larger tax bill caused by mismanaged investment income. Excessive fees for the services provided also indicate that a financial advisor might not be a good fit for you.

  • Is the 4% rule of retirement planning effective in Erie?

    The 4% rule, which states that withdrawing 4% from your retirement accounts annually is enough to live off of, is generally ineffective in Erie because this rule of thumb does not account for lifestyle variability and emergencies. It also assumes a certain investment portfolio that not everyone might have.

  • 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.