Expertise.com

2024

Last updated:

Best Financial Advisors in Wichita Falls

Our Recommended Top 10

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 Wichita Falls 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

24Curated

10Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider
SmartAdvisor by SmartAsset logo

SmartAdvisor by SmartAssetExpertise.com

Wichita Falls, TX
Free Consultation

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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
  • Investment Management
  • Retirement Planning
  • Financial Planning

Wichita Falls, TX

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Why choose this provider?

Need help contacting a Financial Advisor in Wichita Falls? 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.

2501 E Montgomery Pl, Wichita Falls, TX 76308

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Why choose this provider?

Tim E. Cornelius is a financial services representative, offering his services to families and individuals in Wichita Falls. As a Certified Financial Planner with a thorough grasp of insurance and investment products, he provides comprehensive financial strategies and financial plans focused on the specific needs of his clients. Tim Cornelius is a Chartered Financial Consultant and Chartered Life Underwriter who works with Massachusetts Mutual Life Insurance Company (MassMutual) to provide quality insurance products and investment strategies.

624 Indiana Ave, Wichita Falls, TX 76301

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Review Sources

Google
4.6 (11)
Facebook
4.6 (11)

Why choose this provider?

MWH Group is a full-service accounting firm offering financial planning solutions to individuals and businesses in Wichita Falls. Its team advises customers on financial and retirement matters, which cover planning taxes, estates, trusts, and gifts. It also provides consulting services for various industries with unique accounting and tax needs, such as construction companies, oil and gas corporations, banks, and government bodies. With roots dating back to 1958, MWH Group has emerged from previous partnerships and professional corporations.

  • Estate Planning

2629 Plaza Parkway Suite A-2, Witchita Falls, TX 76308

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Review Sources

Google
5.0 (3)

Why choose this provider?

Brooks Financial Services is an independently owned financial consulting firm serving Wichita Falls. It assists clients in developing plans that help them achieve their financial goals, such preparing for retirement, by recommending investment strategies. It offers a wide selection of options, including bonds, brokerage accounts, common stocks, government securities, IRAs, and treasury bills. Other products include disability, life, and long-term care insurance. Its services range from 401(k) and 403(b), college, estate, retirement, to tax planning.

  • Certified Financial Planner (CFP)

3508 McNiel Ave. Suite A, Wichita Falls, TX 76308

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Why choose this provider?

Cornerstone Wealth Management Group aims to help clients achieve their financial goals and objectives through its broad range of financial solutions. Serving clients in Wichita Falls and the surrounding communities, the firm's professionals develop customized financial programs and strategies that suit clients' visions and needs. They offer Medicare planning, investment management, comprehensive financial planning, and insurance purchasing. Founder Kenneth Worley is a full-service LPL Financial Advisor who has been a Certified Financial Planner since 2009.

  • Estate Planning
  • Certified Financial Planner (CFP)

10000 N. Central Expressway Suite 1326, Dallas, TX 75231

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Why choose this provider?

Ozanne Financial serves the financial planning needs of families, individuals, businesses, and institutions in Wichita Falls and the neighboring communities. Founded in 1950, the company aims to help clients attain their long-term financial goals through its broad range of financial planning services. This includes retirement income planning, investment management, business succession and exit strategy planning, and estate planning. Ozanne Financial Services is staffed by a team of industry professionals such as Certified Financial Planners, Chartered Financial Analysts, and Accredited Estate Planners.

  • Certified Financial Planner (CFP)

901 Indiana, Suite 450, Wichita Falls, TX 76301

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Why choose this provider?

Herbert R. Smith & Company is an investment advisory firm that has been serving clients in Wichita Falls since 1970. Its financial advisors provide financial planning and investment management services to families and individuals. It designs investment strategies and offers retirement and estate planning services based on clients' needs and goals. The company president, Gloria Bohannon, is a certified retirement specialist with over 30 years of experience working in a fiduciary capacity for foundations, institutions, trusts, and individuals.

  • Estate Planning
  • Certified Financial Planner (CFP)
  • Financial Planning

4245 Kemp Blvd., Suite 1007, Wichita Falls, TX 76308

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Why choose this provider?

Established in 1993, Personal Money Planning is a financial and investment advisory firm located in Wichita Falls. Its founder, Gary Silverman, is a Certified Financial Planner serving businesses, families, and individuals. His services include financial and retirement planning and investment management. He aims to identify the clients' economic profiles, including their earning potential, insurance needs, and brokerage and bank accounts. He educates them on protecting their assets from risks and determining how to invest and save money for retirement.

  • Certified Financial Planner (CFP)

2405 Kell Blvd. #200, Wichita Falls, TX 76308

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Why choose this provider?

Crossvine offers financial advice to individuals, families, and businesses from its offices in Wichita Falls, Frisco, and Fort Worth. Its services include investment management, asset allocation and rebalancing, retirement forecasting, risk management integration, social security or Medicare planning, and estate planning and document reviewing. One of its advisors, Brian Blair, is a Certified Financial Planner, a Retirement Income Certified Professional, and a Chartered Life Underwriter. He graduated magna cum laude with a degree in Business Administration and Finance.

  • Financial Planning

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.

  • How does the aging demographic in Wichita Falls affect susceptibility to investment fraud and senior financial abuse?

    In Wichita Falls, the growing number of aging residents heightens the potential for investment deception and financial exploitation of seniors. Many elderly individuals remain adept at personal finance, yet they often struggle with complex tasks like managing retirement funds due to cognitive changes that come with age. Thus, the need for trusted family members, caregivers, and legal and financial professionals to help manage and protect their assets has become crucial.

  • What challenges do Wichita Falls residents face in safeguarding their investments and navigating retirement finance?

    For Wichita Falls residents, the financial responsibility of reaching retirement goals is escalating. With diminishing pensions, decreased Social Security benefits, and minimal wage growth, individuals are largely self-reliant, establishing personal retirement accounts or contributing to employer-provided 401(k)s. However, a knowledge gap in investment principles often leads to ineffective financial decisions, with many falling prey to fraudulent investment schemes promising high returns with negligible risk.

  • What is the purpose of a prospectus for potential investors in Wichita Falls?

    The purpose of a prospectus for potential investors in Wichita Falls is to provide detailed information about an investment opportunity. Mandated by the Securities and Exchange Commission, it offers comprehensive insights into the proposed investment. It serves as a transparency tool that helps individuals make well-informed decisions by evaluating the details of the offering and the associated risks before committing their funds.

  • How can Wichita Falls investors mitigate the inherent risks of investing?

    Investors in Wichita Falls can manage investment risks by understanding that higher returns often come with increased risks, potentially leading to a total loss of their initial investment. They should also consider the liquidity of their assets and potential penalties for selling early. Investing in established companies is typically less risky, and keeping abreast of relevant news can help them respond to shifts in their investments' value.

  • What is the impact of inflation on residents of Wichita Falls?

    Inflation significantly affects Wichita Falls residents by gradually reducing the purchasing power of their income and wealth. As time progresses, the money saved and invested buys fewer goods and services, which is especially hard-hitting for those who delay saving and investing. A practical approach to combat this is to make strategic investments that promise returns exceeding the inflation rate, helping to preserve the wealth's actual value.

  • 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.