Vanguard Personal Advisor Services Zoe Financial is not really a financial advisory firm, but rather connects clients with financial advisors. Zoe's advisors are all independent fiduciaries working on a commission-free model, which means your advisor won't try to sell you products for profit. No fee to use Zoe Financial to find an advisor. Harness Wealth is not itself a financial advisory firm, but rather serves to connect clients with carefully vetted firms.
Platform advisors generally charge a 1% management fee, but fixed-rate financial planning and tax aid services are also available. No charge to use Harness Wealth to find an advisor. Looking for help managing your money and investments? It might be time to start working with a financial advisor. SmartAsset put put together this list of America's top financial advisors to help you understand your options.
Below you will find a description of each of the top 10 financial advisory firms, including information on each company's services, fees, advisory certifications, office locations, minimum investment amount and more. Alternatively, SmartAsset's financial advisor search tool can do the work for you by connecting you with fiduciary financial advisors in your area. Fisher offers a wide range of services to its individual clients, including working with clients to create and manage investment portfolios. The firm also has a comprehensive suite of retirement planning services, as well as other financial planning services, such as goal planning, income tax planning and more.
Fisher also has an annuity conversion service, which is quite a unique offering among advisory firms. Institutional services are also part of Fisher's suite of offerings. Institutions that normally work with Fisher include retirement plans, businesses, joint investment vehicles, charitable organizations, government entities, insurance companies, investment advisors, sovereign wealth funds, companies, investment companies and own accounts. Outside Camas, Washington headquarters, Fisher Investments operates branches in California, Texas, Florida, Georgia, Washington, Pennsylvania, Colorado, New York, Illinois, Arizona and Virginia.
It also has offices in Ireland, the United Kingdom, Luxembourg, Germany, Dubai, Japan and Australia. According to its ADV form filed by the SEC, Fisher Investments' primary objective is to maximize returns on risk compared to particular benchmarks. Depending on its long-term or short-term objectives, risk tolerance and time horizon, the company will recommend a different set of investments. For example, riskier investors will have portfolios focused on common shares and cash equivalents.
Risk-averse investors will invest more of their assets in fixed-income securities, such as bonds and cash. For those who fall between those two extremes, Fisher recommends a combined portfolio that includes a proportional allocation of shares, fixed income and cash. According to its website, CAPTRUST specializes in working with individuals, families, executives, business owners, professional athletes and retirement plan participants. Services available through the company's various individual-focused programs include estate planning, investment management, retirement planning and counseling, risk management, tax review, estate planning, charitable gift planning, cash flow planning and more.
Certain CAPTRUST staff advisors may earn commissions on insurance sales. Despite the potential conflict of interest this creates, the company is bound by a fiduciary duty to act in its best interest, no matter what. The CAPTRUST advisory team holds a wide range of certifications, including multiple certified public accountants (CPAs), accredited investment fiduciaries (FIA), Chartered Financial Analysts (CFA), Certified Fund Specialists (CFS), Certified Investment Management Analysts (CIMA), Certified Financiers planners (CFP), chartered financial consultants (CHFC) and more. CAPTRUST has several branches across the country.
In fact, you'll find offices in Alabama, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Indiana, Iowa, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nevada, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Texas, Utah, Virginia and Washington, DC. CAPTRUST uses an investment philosophy that includes customizing a portfolio for each individual client. While clients are allowed to set some restrictions on how their money is managed, portfolios will generally be based on their personal risk tolerance, financial objectives, time horizon, income needs, tax status, net worth and any other applicable factors. However, as this portfolio ages and returns affect its allocations, the company may decide to reallocate assets or redesign the portfolio altogether.
The company can use short-term or long-term purchases within its portfolio, depending on its needs and objectives. CAPTRUST tends to invest in stocks, mutual funds, fixed-income securities and options. In addition, the company offers a hedging fee program, which groups all transaction and advisory fees into a single fee. As you would expect from a company as big as WEAS, it has branches across the U.S.
UU. In fact, you can access a staff counselor in California, Connecticut, Florida, Georgia, Illinois, Iowa, Maryland, Massachusetts, Minnesota, Missouri, New Jersey, New York, Pennsylvania, South Dakota, Texas, Virginia and Wisconsin. WEAS operates using a fee-based compensation structure, which means that some advisors may receive sales commissions for selling certain financial products to customers. Although this is a potential conflict of interest, the company's fiduciary duty requires it to act for the benefit of customers at all times.
WEAS customers will find that their services are highly tailored to their personal needs. For example, your offerings may cover investment management, general financial goal setting, wealth planning, tax minimization, risk management, business owner consulting, retirement income planning, and more. Mesirow Financial Investment Management (MFIM) has around 12,000 individual clients, almost all of whom have less than high net worth. In fact, fewer than five of your individual clients exceed the high net worth threshold.
The firm also has a small but diverse set of institutional clients. These include government entities, businesses, retirement plans, grants, charitable organizations, pooled investment vehicles, insurance companies, investment companies, sovereign wealth funds and banks. Mesirow's wealth advisory services include financial planning, investment planning and investment management. Financial planning can cover a variety of topics, such as retirement planning, short-term investing, college fund planning, inheritance planning, tax-efficient investment planning, Social Security planning, and more.
The firm also provides counseling services to retirement plan sponsors. MFIM also appears on SmartAsset lists of top financial advisors in Chicago and Illinois. The MFIM team includes Chartered Financial Analysts (CFA), Accredited Investment Fiduciaries (FIA), Chartered Alternative Investment Analysts (CAIA), Certified Public Accountants (CPA) and more. First, Mesirow Financial Investment Management focuses on the client's personal needs.
For example, the company will consider its fiscal position, risk tolerance, time horizon, revenue and liquidity needs, and short- and long-term financial objectives. Once these factors are understood, the company will formulate a portfolio plan and investment policy statement (IPS) for you. This firm tends to invest in stocks, mutual funds, fixed-income securities and alternative investments. To determine which securities are most suitable for its portfolio, the company conducts its own due diligence and analysis.
This is a company that pays only, which is again common in a family office. What this means is that none of Summit Rock's advisors, nor the company itself, get compensation from any source other than the fees paid by the client. A payment company, on the other hand, may have advisors who sell insurance products or securities on a fee basis. Summit Rock Advisors also ranks high on SmartAsset's lists of New York City's top financial advisors and New York State's top financial advisors.
Summit Rock clients will receive a lot of attention in their investment portfolios and long-term financial plans. The firm works with clients in a holistic way, trying to account for all their details and financial objectives when making decisions. Summit Rock Advisors works to understand clients' personal needs and goals before investing their money. In turn, a Summit Rock advisor will work one-on-one with you to determine exactly what you are looking for in the short and long term.
The company often seeks to incorporate multiple investment managers within client portfolios. Based on your ADV Form, you choose the managers you think are the most talented in a wide universe of options, spanning all market sectors, all geographies and all liquidity spectrums. As can be seen from the above, diversification is incredibly important to Summit Rock's global investment philosophy. Strategic asset allocation planning is also a focus point, as the company will use its risk tolerance and time horizon to select investment allocations to align with those factors.
Fort Washington Investment Advisors is a Cincinnati-based advisory firm that offers a wide range of services, including individual and family wealth management, investment services for institutions, and private equity fund management. Services for individuals include goal-based financial planning, investment management, insurance planning, trust and estate planning, tax planning, charitable gift planning, risk management, charitable giving planning, executive compensation planning and more. As a payment company, certain Fort Washington staff advisors may receive commissions on the sale of insurance products, such as annuities, leading to a potential conflict of interest. The firm is still obliged to comply with fiduciary duty, yet legally binding to act in its best interest at all times.
Founded in 1990, Fort Washington Investment Advisors has grown considerably over the past three decades. The firm is the investment arm of Western %26 Southern Financial Group, Inc. As a result, the firm is a wholly owned subsidiary of Western %26 Southern Investment Holdings, LLC. Fort Washington has secondary offices in Albany, New York, Beachwood, Ohio and San Francisco.
There is no shortage of counseling certifications among the advisory staff at Fort Washington Investment Advisors. More specifically, staff have appointments such as Chartered Financial Analyst (CFA), Certified Financial Planner (CFP), Chartered Alternative Investment Analyst (CAIA), Certified Investment Management Analyst (CIMA), and more. Fort Washington Investment Advisors believes in aligning all your financial needs in a single strategy. This will mainly involve the creation and maintenance of an investment portfolio, as well as a detailed financial plan.
Before taking any asset management decision on its behalf, the firm shall thoroughly analyse its final financial objectives, risk tolerance, time horizon, liquidity needs, anticipated returns and investment preferences. Based on the knowledge gained from this information, a comprehensive investment and finance plan will be drawn up for you. The firm does not have a specific set of securities in which it prefers to invest. Instead, you'll design an asset allocation that takes into account investments that fit your needs.
That could mean that your money will be invested in stocks, bonds, mutual funds, exchange-traded funds (ETFs), cash allocations, or any other investment the company deems appropriate. Moneta Group Investment Advisors has a client base consisting mostly of people above and below the high net worth threshold. Although the firm works with more high-net-worth individuals than not, it doesn't have a specific account minimum for new clients. The firm also has a number of institutional relationships, with retirement plans, companies and charities completing its client base.
There is no shortage of individual, institutional and retirement counseling services available in Moneta. In fact, individual clients will have access to services such as investment management, wealth planning, risk management, retirement planning, business succession consulting, tax planning and more. SmartAsset has included Moneta Group Investment Advisors, a one-time payment, to its list of top financial advisors to St. According to the firm's website, its advisory team has more than 200 certifications.
These include Certified Public Accountants (CPA), Certified Financial Planners (CFP), Chartered Financial Analysts (CFA), Accredited Wealth Management Advisors (AWMA), Certified Divorce Financial Analysts (CDFA), Accredited Investment Trust Analysts (AIFA), and more. At the beginning of each client relationship, Moneta advisors will review what type of investor the client is. This will involve discussing and determining your risk tolerance, income needs, financial objectives, time horizon and investment preferences. Once the information collection process is completed, the company will draft an investment policy statement (IPS).
This will eventually dictate how your portfolio is built and managed. Generally speaking, the company tends to invest in the interest of long-term profit. In turn, you will invest in some combination of fixed-income securities, stocks and alternative investments. As its portfolio ages, the company will review its allocations and make any necessary adjustments.
Mercer's reach extends across the U.S. In fact, the firm has more than 50 branches in New Mexico, Iowa, Georgia, Michigan, Texas, Oklahoma, California, Washington, Florida, Massachusetts, North Carolina, Idaho, Louisiana, New York, Tennessee, Montana, New Jersey, Hawaii, Kansas, Virginia, Nebraska, Wisconsin, Oregon, Pennsylvania, North Carolina, Illinois, Arizona, Ohio, Connecticut and Delaware. Some of Mercer's staff advisors have the opportunity to sell insurance products on a fee basis. While this represents a potential conflict of interest, the company's fiduciary duty means that it must act for the benefit of customers at all times.
Financial planning, investment management and family office services are available at Mercer. Investment portfolios are individually managed and financial planning can cover a wide range of topics. Mercer Global Advisors focuses on long-term investing. It does so in an effort to avoid emotional reactions to short-term market movements, according to its Form ADV.
In line with this approach, the firm believes that extensive planning is necessary to achieve success over time. Therefore, advisors emphasize this planning specifically around personal financial situations and objectives. As expected, Mercer works to diversify clients' assets across various securities and markets sectors. This is done to protect portfolios from highly profitable returns from very specific areas of the market, which can create higher than expected volatility.
As its portfolio ages, the company may decide to rebalance its investments and return them to planned allocations. Like most of the firms on this list, Buckingham has many branches in the U.S. Potential customers can find offices in Oregon, Georgia, Texas, Maryland, Florida, Illinois, New York, Iowa, Wyoming, South Carolina, West Virginia, Colorado, Virginia, California, Indiana, Nebraska, Tennessee, Pennsylvania, Mississippi, Arizona and New Jersey. That means that all Buckingham advisors are compensated only for the fees paid by clients.
A payment company, on the other hand, also earns commissions on the sale of financial products. SmartAsset also lists Buckingham Strategic Wealth on two other lists of major financial advisors in Missouri and St. Investment management services at Buckingham are tailored to the needs and situation of each client. Financial planning can also cover a range of issues, such as cash flow analysis, divorce planning, tax planning, budgeting, estate planning, retirement planning and more.
First, Buckingham Strategic Wealth works with clients to develop their personal investment policy statement, or IPS. This covers the factors that will govern the management of your portfolio, such as your risk tolerance, time horizon and revenue needs. Should its goals change over time, the company can adjust its IPS to take them into account. There are a number of different investments that Buckingham uses when filling client portfolios.
These include passively managed mutual funds, exchange-traded funds (ETFs), individual fixed-income securities, certificates of deposit (CDs), and separately managed accounts (SMA). The main service provided by Hall Capital Partners is investment management of global portfolios of multiple asset classes. However, to help meet the needs of its well-to-do individual and family clients, the firm also offers generational estate planning, financial education for children and grandchildren, tax optimization, philanthropic planning and budgeting. Hall originally created Hall Capital Partners in 1994 as a small asset management company.
Today, the firm has grown substantially and now has a second office on Third Avenue in New York City. The firm is fully employee-owned and independent. The advisory staff of this firm includes some chartered financial analysts (CFA). As mentioned above, Hall Capital Partners manages customised portfolios of its clients through global diversification of multiple asset classes.
The heart of the company's investment operation is its in-house research team. This group conducts due diligence on several underlying fund managers to determine which ones are worth investing in. They will then review market performance and choose fund managers who fit their market findings. First, we looked at data from the Bureau of Labor Statistics (BLS) on average annual expenditures for seniors.
We then applied the cost-of-living data from the Council for Community and Economic Research to adjust the national average spending levels based on the costs of each expenditure category (housing, food, healthcare, utilities, transportation, and others) in each city. Using this data, SmartAsset calculated the average cost of living for retirees in the largest U, S. Skylar Clarine is a data checker and personal finance expert with extensive experience including veterinary technology and film studios. Choosing a financial advisory firm can be a difficult task, as there are thousands to go through.
Many have specific strengths and offer different ways to invest your hard-earned money. It's always worth researching to find out which one best suits your needs and risks, but often choosing some of the larger financial advisory firms may be a good option. They have a proven track record, a variety of products, and significant amounts of transparency. US investors can choose from thousands of financial advisory firms.
The market is heavy at the top, which makes sense; a well-known and respected name goes a long way to securing the assets of families and businesses. It is no coincidence that these companies are the best. They have worked hard to achieve this and have provided consistent positive returns for investors. As such, potential investors can find reasons to like each one.
These firms are so big that they offer a multitude of services for all types of customers. Some also offer extensive market exposure through the various mutual funds and exchange-traded funds (ETFs) they offer. Most investors will be able to find what suits their investment needs within the offerings of each of the companies. Vanguard has been a revelation in the world of investment management, especially since the turn of the century.
Like Walmart in the retail sector, Vanguard became king of the hill through cheap prices and a wide variety of offerings. The company is famous for its low fund spending rates and passive investment management. Financial planners in the industry generally offer investment management, but not all investment managers offer a comprehensive approach to financial advice. If you're still not sure how to find the right financial advisor for you, it often makes sense to start with a robo-advisor or an online planning service; you can always hire a traditional financial advisor if your situation becomes more complex.
Each of these companies is one of the best in the industry for different reasons, whether it is because of low rates and innovation, more than a century of dedicated financial management or because of great customer satisfaction. While not always required, many job advertisements from personal financial advisors list it as a desired qualification. When looking for the best financial advisors, you'll find options ranging from automated investment management services called robo-advisors to traditional in-person financial advisors. The service charges a reasonable 0.40% of the assets managed, and all advisors are certified financial planners, a credential that requires compliance with a high level of education and experience.
A financial advisor helps people manage their investments, plan for retirement and save money for their financial goals. This information may be different from what you see when you visit a financial institution, service provider, or a specific product site. . .