Expertise.com
2024

Last updated:

Best Financial Advisors in Racine

Our Recommended Top 7

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

24

Reviewed

17

Curated

7

Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider
SmartAdvisor by SmartAsset logo
FEATUREDExpertise.com

SmartAdvisor by SmartAsset

Racine, WI
  • 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

Racine, WI

Why choose this provider?

Need help contacting a Financial Advisor in Racine? 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
1125 Milwaukee Avenue, South Milwaukee, WI 53172

Why choose this provider?

Serving the metro of Racine, DB Tax & Wealth offers tax planning, wealth management, and accounting services. Founded by Larry and Diane Burger, the firm was established in 1989. DB's team considers the clients' financial goals, objectives, current financial status, and tax information in crafting financial plans. To aid in the monitoring and updating of goals, custom communication plans are also sent to clients, which include information regarding tax planning, financial workshops, market commentary, and community events.

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.
4.8

Website
1131 Prairie Dr. Suite 300, Racine, WI 53406
  • Estate Planning

Why choose this provider?

Riley & Lowe Financial Solutions LLC is a full-service financial organization that serves individuals, families, and businesses in the Racine area. The company offers clients a wide range of financial services, including those relating to investment, retirement, tax planning, and annuities. It also specializes in investment management, college funding, business succession, and cash balance plans. Skip Riley, the company's founder and president, has more than 25 years of experience in the financial services industry and has clients in 15 states throughout the U.S.

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 (10)

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
1555 Main Street, Antioch, IL 60002
  • Estate Planning
  • Tax Planning
  • Financial Planning

Why choose this provider?

Kaizen CPAs + Advisors works with individual and business clients in Racine and provides them with accounting, financial, tax, and consulting assistance. It delivers tax services by dealing with filings and estate tax planning. The firm also offers an audit protection plan to address its customers' IRS or state auditing concerns. In addition, Kaizen CPAs + Advisors has services that aim to make businesses more profitable through performance advisory and tax-efficient planning. President and managing partner Clay Hamlin is a CPA.

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.
4.9
Google
4.9 / 5 (129)
Yelp
3.7 / 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
845 Wisconsin Ave, Racine, WI 53403
  • Tax Planning

Why choose this provider?

Gordon J. Maier & Company LLP has been serving clients in Racine and the surrounding communities for over eight decades. The locally owned company handles auditing, general tax planning, and financial statements. Its professionals specialize in advisory, payroll, Pro-forma forecast, and special government services. They also take care of business valuations and employee benefit plans. Gordon J. Maier & Company LLP caters to a wide range of clients, from sole proprietorships to multi-million dollar companies.

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)
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.
4.5
Responsiveness
Friendliness
Helpfulness
Detail

Website
4061 N Main Street Suite 250, Racine, WI 53402
  • Retirement Planning

Why choose this provider?

Bode Financial Group is an independent firm in Racine offering services that helps clarify and implement wealth plans. It addresses the concerns of individuals about business planning, investments, taxes, and estate planning. Its advisors guide individuals in attaining the kind of retirement they hope to achieve, providing recommended steps for different life stages. Company president Thomas L. Bode is a certified public accountant and Certified Financial Planner. Prior to establishing the firm, he worked for a large company, serving high-net-worth individuals and companies like Kellogg’s and Amoco.

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

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.

  • What are the qualified medical expenses in a Health Savings Account (HSA) in Racine, and what happens if you use the HSA money for non-qualified medical expenses?

    HSA's qualified medical expenses in Racine are defined by the IRS and are listed in Publication 502. Some of those expenses are diagnostic devices, inpatient treatment for drug addiction, insurance premiums, guide dog or service animal costs, laboratory fees, and long-term care services. If you use your HSA funds for purposes other than the stated eligible medical costs, you will be liable to income tax and a penalty if you are under the age of 65.

  • Are there any advantages in rolling over your employer retirement plan in Racine to a traditional IRA?

    Yes. Choosing to roll over your Racine funds into a traditional IRA will help you avoid tax implications and penalties. Additionally, the funds you roll over will remain tax-deferred. Traditional IRA funds can also be placed in different investment vehicles according to the available offers, your instructions, and your risk tolerance.

  • How does the Racine government compute retirement benefits for its employees?

    Racine's public safety employees, such as police officers and firefighters, are required to contact the Wisconsin Retirement System. It computes their retirement benefits in two ways. First is through a formula based on their highest three calendar years of pay times a factor, then multiplied by the number of years they have contributed to WRS. Second is a money purchase benefit calculation, which takes into account the total funds accrued in their WRS account and their current age.

  • How do financial advisors in Racine choose investments to purchase for their clients' portfolios?

    Financial advisors in Racine choose the right investments for their clients' portfolios by identifying three things: risk tolerance, risk capacity, and investment goals. From there, the financial advisors create a client risk profile and start selecting investments that would match it. Most of them have model portfolios, which are various predetermined client portfolios, that they adapt based on the investor's risk profile.

  • How can a business owner policy protect entrepreneurs in Racine?

    A business owner policy (BOP) can protect Racine-based entrepreneurs from a variety of risks. A standard BOP can cover property damage caused by fire, wind, water, or vandalism. It can also pay for medical expenses if someone is injured on a business's premises, by its products, or by its employees. Additionally, a BOP can replace lost income if the business is forced to close due to a covered loss.

  • 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.