Expertise.com

2024

Last updated:

Best Financial Advisors in Scranton

Our Recommended Top 8

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

25Reviewed

18Curated

8Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider
SmartAdvisor by SmartAsset logoFEATUREDExpertise.com

SmartAdvisor by SmartAsset

Scranton, PA
  • Estate Planning
  • Investment Management
  • Retirement Planning
  • 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
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Price: Free Consultation

Scranton, PA

Why choose this provider?

Need help contacting a Financial Advisor in Scranton? 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
223 Main Street, 2nd Floor, Chester, NJ 07930
  • Certified Financial Planner (CFP)
  • Private Wealth Advisor

Why choose this provider?

Minor and Taylor Group is a financial advisory firm serving Scranton. Its wealth management approach involves developing strategies that aid in protecting clients' assets through estate planning and risk mitigation. Its team also creates plans that help clients preserve their wealth for future generations. Additionally, the financial advisors assist clients in preparing for retirement, addressing concerns regarding balancing current income needs and managing retirement savings accounts distributions. Company managing director Frank Taylor, is a CFP, who has been working in the industry since 1988.

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
851 Commerce Blvd Ste 106, Dickson City, PA 18519
  • Certified Financial Planner (CFP)

Why choose this provider?

CorePlan Wealth Management is a private wealth advisory practice that serves individuals and businesses in Scranton and the surrounding areas. It provides comprehensive financial advice on cash flow and budgets, retirement savings, education savings, estate planning, and tax planning strategies. It also offers investment support through investment management, insurance solutions, and annuity solutions. The company's financial advisors have over 40 years of combined experience and hold Certified Financial Planner and Chartered Retirement Planning Counselor designations.

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
Friendliness
Helpfulness
Detail

Website
311 East Harford Street, Milford, PA 18337
  • Retirement Planning
  • Tax Planning

Why choose this provider?

Guiding Light Financial LLC is an independent firm that serves clients in Scranton. It offers various financial planning services covering investments, insurance, and asset management. It provides goals-based comprehensive plans for long-term care, estates, pensions, IRAs, taxes, and 1031 exchanges. Its advisors are available for online consultations through web conferencing. Guiding Light Financial is headed by George Steward Siracuse, a Chartered Retirement Planning Counselor who has been in the financial services industry since 2010.

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
538 Spruce Street, Suite 700, Scranton, PA 18503
  • Certified Financial Planner (CFP)

Why choose this provider?

Alliance Wealth Advisors is a firm in Scranton that helps individuals, families, and businesses with wealth management and financial planning. Through research and technology, it assists in creating customized estate, trust, and retirement plans. Its team of advisors also helps business owners implement strategies for effective portfolio management, spending policy needs, and stewardship duties. Guided by the principles of accountability, integrity, and relentless execution, Alliance Wealth Advisors prioritizes the interests of its clients.

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
285 East Grove Street, Clarks Green, PA 18411
  • Financial Planning

Why choose this provider?

Capstone Wealth Management Group has been assisting individuals and families in Scranton with their investment and financial planning for 20 years. It advises clients on retirement, estate, insurance, tax, money, and lifestyle. The independent financial advisory firm extends its services to business owners, foundations, corporations, and other institutions. As a Registered Investment Advisor, it also offers retirement plans to business owners and nonprofits. The firm is affiliated with LPL Financial. Co-founder Bryan A Kupchik is a Certified Financial Planner and an Accredited Portfolio Management Advisor.

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.
4.3
Google
4.3 / 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
2812 Scranton Carbondale Hwy, Suite 100, Blakely, PA 18447
  • Certified Financial Planner (CFP)
  • Financial Planning

Why choose this provider?

Flynn Financial, LLC, is a team of financial advisors serving clients from Scranton and the surrounding areas. Its team of professionals serves a wide range of clients, including medical professionals, retirees, families, and entrepreneurs. It has served multiple generations of families. Its services include financial planning, portfolio management, and small business retirement planning. Jon Flynn, the founder of Flynn Financial, has been providing financial planning and investment services for more than 25 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 (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

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 financial advisors in Scranton be held liable for financial losses?

    Financial advisors in Scranton may face liability for financial losses in specific situations. For example, if an advisor recommends a risky investment that does not align with a client's investment objectives, they can be held accountable for any ensuing losses incurred by that client. Additionally, failure to disclose a conflict of interest or engaging in insider trading may result in regulatory and legal repercussions for the advisor.

  • Can a financial advisor in Scranton help you with insurance planning?

    Yes, a financial advisor in Scranton can assist with insurance planning. They can help you create a comprehensive financial plan that includes determining the appropriate amount of savings, the types of accounts to consider, and the various insurance policies that may be suitable for your needs, such as long-term care, term life, and disability insurance.

  • Can a financial advisor in Scranton offer personalized investment advice without a license?

    Although there is no specific licensing requirement for financial advisors in general, they typically need to hold various securities licenses if they intend to sell investment products in Scranton. The type of investment products an advisor offers and the compensation method they use will determine which licenses they must obtain. Several common licenses held by financial advisors include the Series 6, Series 7, Series 63, and Series 65 licenses.

  • Are CFPs in Scranton required to act as fiduciaries?

    Yes. In Scranton, Certified Financial Planners are obligated to act as fiduciaries. This fiduciary duty requires them to always prioritize the best interests of their clients, regardless of whether those interests align with the financial advisor's own business interests or not. As fiduciaries, CFPs must provide honest and unbiased advice.

  • How do you know if a financial advisor in Scranton is fee-only?

    To identify whether a financial advisor in Scranton is fee-only, you can review their firm's most recent Form ADV filed with the Securities and Exchange Commission. Specifically, look for Item 5.E.(5) under "Compensation Arrangements" in the form. If there is no check mark next to "Commissions," it indicates that the Registered Investment Advisory firm is a fee-only financial advisory firm. Being fee-only means they solely receive compensation directly from their clients and do not earn commissions.

  • 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.