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Best Financial Advisors in Centreville

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SmartAdvisor by SmartAsset logo
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SmartAdvisor by SmartAsset

Centreville, VA
  • Estate Planning
  • Investment Management
  • Financial Planning
  • 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
Responsiveness
Friendliness
Helpfulness
Detail
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Price: Free consultation

Clarion Wealth Management Partners logo
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Clarion Wealth Management Partners

12500 Fair Lakes Circle, Suite 250, Fairfax, VA 22033
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  • Certified Financial Planner (CFP)

Business Description

Clarion Wealth Management Partners has been assisting individuals and families in Centreville in preparing for their financial future since 2009. It comprises independent financial advisors who offer advice on various areas, such as retirement and estate planning, risk management, taxation, wealth accumulation, and business planning. The company's founder and president, David W. Young, has been in the financial services industry for the past 25 years. He holds both Accredited Investment Fiduciary and Registered Financial Consultant designations.

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
Dream Financial Planning logo
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Dream Financial Planning

Market St, Reston, VA 20190
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  • Certified Financial Planner (CFP)

Business Description

Dream Financial Planning is an independent fiduciary company. It serves young and established professionals and minorities in Centreville and the surrounding areas. It offers a variety of services, such as estate and tax planning, student loan analysis, cash flow management, debt reduction, and budgeting. Its founder and financial planner, Lamar Watson, has more than 15 years of experience in the industry. Dream Financial Planning is affiliated with the National Association of Personal Financial Advisors.

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
Gladwyn Financial Advisors logo
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Gladwyn Financial Advisors

13603 Gladwyn Court, Chantilly, VA 20151
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  • Certified Financial Planner (CFP)

Business Description

Gladwyn Financial Advisors has been serving clients in Centreville since 2005. The firm caters to retirees, college graduates, and small business owners. It offers a wide selection of services, including financial, retirement, education, estate, and tax planning. Its financial planning process includes understanding the client's financial circumstances, identifying their goals, and developing monetary planning recommendations. Its advisors then implement the individual's financial plan and monitor their progress to make necessary adjustments. They also provide divorce financial analysis and insurance advice.

Investment & Resource Planning Associates, Inc. logo
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Investment & Resource Planning Associates, Inc.

10560 Main Street, Suite 315, Fairfax, VA 22030
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  • Certified Financial Planner (CFP)
  • Estate and Trust Specialist
  • Retirement Planning

Business Description

Investment & Resource Planning Associates, Inc., is a firm that serves the people of Centreville. Its advisors assist clients in achieving their goals through financial planning. They evaluate clients' finances and develop a comprehensive plan tailored to their needs. Among the services available are investment planning, college fund planning, asset and estate management, and tax strategy formulation. The specialists also help clients understand their values and risk tolerance. The company has been in business since 1988.

Kowal Financial Advisors logo
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Kowal Financial Advisors

12015 Lee Jackson Memorial Highway Suite 110, Fairfax, VA 22033
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  • Certified Financial Planner (CFP)

Business Description

Kowal Financial Advisors is a fiduciary firm that offers comprehensive advisory services in Centreville and the surrounding areas. It assists individuals and families in evaluating their current financial health and aligning them with their goals. It also recommends investment opportunities, offers insurance coverage, and focuses on estate planning to manage wealth. Its team helps clients create financial plans that minimize tax liability and maximize after-tax returns for their investments. President and CEO Jan Kowal has been a Certified Financial Planner since 1984.

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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Lifetime Financial Planning, Inc. logo
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Lifetime Financial Planning, Inc.

208 South King Street, Suite 201, Leesburg, VA 20175
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  • Certified Financial Planner (CFP)
  • Tax Planning

Business Description

Lifetime Financial Planning, Inc. is a financial advisory firm serving clients in Centreville and the surrounding metros. The advisors help clients in matters like cash flow, insurance policies, investments, and employee benefits, and stock options. It also assists in planning finances for college education and retirement. Dean Knepper, the founder, and manager of Lifetime Financial Planning, Inc., has been in the industry for more than 30 years. He is also a member of the NAPFA.

Pegasus Financial Group, LLC logo
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Pegasus Financial Group, LLC

4211 Pleasant Valley Road Suite 260, Chantilly, VA 20151
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  • Retirement Planning

Business Description

Founded in 2007, Pegasus Financial Group, LLC, serves the residents of Centreville. The firm helps clients preserve and expand their wealth through financial life management, life planning for aging clients, and small business planning. Its financial management process involves analyzing the client's net worth, managing cash flow, strategizing to pay off debts, and allocating assets for investments. The firm also provides tax preparation services. Its team of financial advisors includes Accredited Investment Fiduciary Stephen M. Moss and Certified Financial Planner Thomas M. Welsh.

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
Potomac Financial Private Client Group, LLC logo
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Potomac Financial Private Client Group, LLC

11130 Sunrise Valley Drive Suite 130, Reston, VA 20191
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  • Certified Financial Planner (CFP)
  • Retirement Planning

Business Description

Potomac Financial Private Client Group, LLC has been serving individuals and businesses in the Centreville area since 2005. It provides comprehensive financial planning advice for retirement savings and income, estate planning, investment management, and college savings. It also offers long-term disability, long-term care, and term, universal, and whole life insurance. Additionally, the firm assists businesses with group insurance coverage and employer-sponsored plans, including 401ks, SEP, and Simple IRAs. Its senior advisor, Steven Richardson, is a CFP with over 20 years of experience.

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
––
Rechter Wealth Management logo
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Rechter Wealth Management

11350 Random Hills Rd, Fairfax, VA 22030
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  • Certified Financial Planner (CFP)

Business Description

Rechter Wealth Management is a financial advisory firm serving clients in the Centreville community. It has been in the industry since 2003, providing financial planning and investment portfolio management solutions. Its owner and operator, Peter Rechter, is a Certified Financial Planner. He creates a customized asset allocation strategy based on the client's financial objectives, time horizon, risk tolerance, and liquidity needs. Prior to establishing his firm, Rechter worked as a senior financial planner at Merrill Lynch for three years.

Reston Wealth Management logo
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Reston Wealth Management

1984 Isaac Newton Square Suite 107, Reston, VA 20190
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  • Certified Financial Planner (CFP)

Business Description

Reston Wealth Management is a financial services provider that caters to clients based in Centreville. Founded in 2003 as a fiduciary advisor, the firm handles retirement, estate, philanthropic, and tax planning, as well as personal investment management. It offers business owner services and can also facilitate clients' financial education. Certified Financial Planner Bob Tucker has been in the profession for more than 30 years. He is also a Chartered Life Underwriter and Chartered Financial Consultant.

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
W.C. Moore Financial Services, LLC logo
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W.C. Moore Financial Services, LLC

13880 Braddock Road, Suite 211, Centreville, VA 20121
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  • Certified Financial Planner (CFP)

Business Description

W.C. Moore Financial Services, LLC, offers various plans and product strategies to clients in Centreville and its neighboring communities. It uses a 21-point review system that determines the appropriate financial plan to be recommended to customers. It offers a client asset review evaluating program that provides cash and risk management services as well as insurance, investment, retirement, and estate planning. Owner William Moore has been working in the industry for 32 years. He is a certified financial planner since 1990.

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
Wolf Group Capital Advisors logo
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Wolf Group Capital Advisors

12701 Fair Lakes Circle, Fairfax, VA 22033
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  • Certified Financial Planner (CFP)

Business Description

Wolf Group Capital Advisors serves individuals in Centreville and surrounding areas. Its investment plan services include capital preservation, diversification, strategic rebalancing, and tax efficiency to help mitigate the risks of revenue loss. Its financial advisors also offer planning for retirement, education, insurance, tax, and estate. In addition, they help clients discover opportunities by active listening and future planning to maximize the finances' potentials. Managing director Robert Len has a degree in Taxation and Commerce.

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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