Expertise.com
2024

Last updated:

Best Financial Advisors in Salt Lake City

Our Recommended Top 11

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 Salt Lake 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.

52

Reviewed

35

Curated

11

Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider
SmartAdvisor by SmartAsset logo
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SmartAdvisor by SmartAsset

Salt Lake City, UT
  • 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

Salt Lake City, UT

Why choose this provider?

Need help contacting a Financial Advisor in Salt Lake City? 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
1314 W 11400 S, South Jordan, UT 84095
  • Estate Planning
  • Qualified Plans(401K)
  • Insurance Planning
  • social security
  • Executive Planning
  • Business Exit Planning
  • Tax Strategy
  • Investment Planning
  • Retirement Planning
  • Financial Advisors

Why choose this provider?

Tencap Wealth Coaching is a team of financial planners, tax professionals, and investment advisors serving the Salt Lake City area. They utilize an educational approach when developing financial strategies for clients. The process involves collaborating with clients to create a financial plan that takes into account their cash flow, insurance coverage, and retirement income. The professionals also provide estate planning and tax strategy development services. Founder Greg Black has been working in the industry since 2006 and established Tencap Wealth Coaching in 2012.

License Verified:

License: 166130

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 (15)

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
299 Main Street, Salt Lake City, UT 84111
  • Certified Financial Planner (CFP)

Why choose this provider?

Decker Retirement Planning, Inc. is a financial planning firm that serves clients in Salt Lake City. The firm utilizes mathematical and principle-based approaches in analyzing living expenses and generating income through retirement plans, investment strategies, and Social Security benefits. In addition, it educates clients on their tax rights and recommends strategies to reduce their taxes. CEO Brian Decker has a degree in Finance and Marketing from the University of Washington and has worked in the investment 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.
3.8
Google
4.0 / 5 (17)
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.
4.5
Responsiveness
Friendliness
Helpfulness
Detail

Website
380 North 200 West, Bountiful, UT 84010
  • Private Wealth Advisor
  • Tax Planning

Why choose this provider?

VeraPath is an investment advisory company that works with individuals, businesses, and foundations in Salt Lake City. Included in its range of services is wealth management, which involves assistance in growing clients' assets based on their savings rates, current asset bases, and risk tolerance. Moreover, the financial advisors from this firm provide 401(k) planning and financial education through the firm's blog. Company CEO Kent A. Misener has served as a board member of The Virginia G. Piper Foundation and The Community Foundation of Utah.

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
812 East 2100 South, Salt Lake City, UT 84106
  • Certified Financial Planner (CFP)

Why choose this provider?

Founded in 1982, Albion Financial Group is an independent investment management and wealth advisory firm serving clients in Salt Lake City. It offers a variety of financial advising and investment management services, including retirement counseling, estate and tax planning, economic analysis, and stock option valuation. Additionally, its advisors can help clients in managing their ESG portfolios. John Bird, company CEO and co-founder, is a member of the National Association of Personal Financial Advisors. He holds designations as a Chartered Financial Analyst and a Certified Financial Planner.

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.
4.6
Google
5.0 / 5 (4)
Yelp
3.5 / 5 (2)
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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
230 South 500 East, Salt Lake City, UT 84102
  • Estate Planning
  • Certified Financial Planner (CFP)

Why choose this provider?

Wilson Financial Advisors has been catering to clients in Salt Lake City since 1984. It offers a wide range of services, including cash flow, estate, general tax, insurance, and retirement planning. In addition, the firm handles employee benefits, investment advising, and portfolio design. Wilson Financial Advisors is a member of the National Association of Personal Financial Advisors. Kent L. Wilson, the president, is a Certified Financial Planner. He worked in a CPA office for eight years prior to joining the 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
111 South Main Street, Salt Lake City, UT 84111
  • Certified Financial Planner (CFP)
  • Retirement Planning

Why choose this provider?

Whittenburg Wealth Partners is a family-owned and family-operated financial firm operating in Salt Lake City. Its team consists of financial planners and advisors at local, regional, and national levels that provide clients with financial solutions. Services offered by the firm include financial planning, education funding, multi-generational planning, insurance strategies, and business succession planning. Founder Daniel Whittenburg has 30 years of experience as a financial advisor and is a Certified Financial Planner and an Accredited Investment Fiduciary.

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

Website
275 East South Temple, Salt Lake City, UT 84111
  • Private Wealth Advisor

Why choose this provider?

Iron Gate Global Advisors is a financial planning firm located in Salt Lake City. It provides portfolio management, financial planning, and financial counseling services to its clients. Its financial planning services include estate planning, tax planning, retirement income strategies, and Social Security strategies. Brian Hunsaker, the chief investment officer of Iron Gate Global Advisors, founded the firm in 1999. He is a designated Accredited Asset Management Specialist and has been in the industry for over 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 (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
102 South 200 East, Salt Lake City, UT 84111
  • Certified Financial Planner (CFP)
  • Retirement Planning
  • Insurance Products

Why choose this provider?

Smedley Financial Services, Inc. is an independent RIA firm that offers customized financial planning solutions to clients in Salt Lake City. The team of advisors helps clients with financial plans, retirement plans, and income distribution plans that focus on investment time horizon, diversification, and risk tolerance. CEO Roger Smedley is the former president and chairman of the Utah Society of the Institute of Certified Financial Planners. He also served as a National Board Member of the National Institute of Certified Financial Planners.

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
257 East 200 South Suite 750, Salt Lake City, UT 84111
  • Estate Planning
  • Retirement Planning
  • Insurance Products
  • Tax Planning

Why choose this provider?

Axex Financial is a Salt Lake City-based consulting and advisory firm that offers financial advice to individuals, families, and businesses. Included in its financial planning services are tax management, estate conservation, retirement strategies, and investment management. The financial planners from this company utilize personalized strategies in order to develop plans that meet their objectives. The firm's advisory services are provided through LPL Financial. Axex Financial also offers insurance products, including life, disability, group, and health insurance.

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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

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 there particular rules or laws that financial advisors in Salt Lake City need to be aware of?

    Financial advisors working in Salt Lake City need to learn by heart the Utah Uniform Securities Act, a law governing the offering and sale of securities in the state. They should also be aware of the laws and guidelines upheld by the Utah Division of Securities, which is in charge of managing the state's securities market. Federal laws and regulations, such as those enforced by the Securities and Exchange Commission and the Financial Industry Regulatory Authority, must also be followed by financial advisors.

  • Is it safe to prepay retainer fees to investment advisors in Salt Lake City?

    Prepaying retainer fees to investment advisors carries a risk of undelivered commitments and potential loss for clients. To safeguard consumers, the SEC mandates that RIA who receive prepayments exceeding $1,200 in fees over six months in advance must provide an audited balance sheet of their business, along with Part 2 of Form ADV. Additionally, they must disclose further information under Item 18 of the ADV. These rules aim to ensure clients in Salt Lake City are informed about the risk of the advisory firm going out of business before providing the services they prepaid for.

  • What qualifications are needed in Salt Lake City to become a financial advisor?

    To become a financial advisor in Salt Lake City, individuals must obtain a bachelor's degree or higher in a finance-related or Division of Securities-approved field. They are also required to complete relevant coursework or training in financial planning or a related discipline. Passing mandatory exams, such as the Series 7 and Series 66 exams, is a crucial step. Registration with either the Utah Division of Securities or a self-regulatory organization, like FINRA, is mandatory. Depending on the services provided, additional licenses or certifications, such as the CFP designation, may be necessary.

  • Is it necessary to hire a financial advisor in Salt Lake City?

    When should someone consider consulting a financial advisor in Salt Lake City?

  • What are the benefits of hiring an independent financial advisor in Salt Lake City?

    Independent financial advisors in Salt Lake City can provide unbiased advice that prioritizes the needs of their clients since they are neither affiliated with third parties nor employed by financial institutions like banks, insurance companies, and brokerage firms. Hiring independent financial advisors is also beneficial for those seeking individualized service and a wider range of investment products, as these advisors are not constrained to certain, ready-made products, unlike their non-independent colleagues.

  • 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.