Top Financial Advisors

Choosing the right financial advisor could change everything.

One Vanguard study found that, on average, a hypothetical $500,000 investment over 25 years would grow to $1.7 million if you manage it yourself, but more than $3.4 million if you work with a financial advisor.

An extra $1.7 million? That’s life-changing.

Obviously, there’s no guarantee an advisor will do better than you can, but even if you’re an investment expert, an advisor can be useful. They can help you lower your tax burden, create a comprehensive financial plan, maximize your Social Security, and serve as a second pair of eyes to make sure you’re on the right track.

When shopping advisors, only talk to fiduciaries, meaning they’re legally obligated to act in your best interests. Verify your candidates are fiduciaries, and ask direct questions about how they’re compensated. Steer clear of anyone working on commissions.

Interview several before making a selection. Ask about their investment philosophy, credentials, experience, services offered, and client specializations. You want an advisor who has expertise relevant to your needs, whether it’s retirement planning, taxes, or estate planning.

Finally, make sure you feel comfortable with your advisor’s communication style. You want to be able to talk openly with someone who takes the time to listen and explain things clearly in plain language.

Below is a table of FREE services that will help you find your ideal financial advisor. Most will ask you a short series of questions, and then show you a list of local, reputable fiduciary advisors selected to meet your personal needs.

You’re generally able to schedule a free initial consultation, so try more than one service, and talk to more than one advisor from each. Make a list of questions, then go down that list with each advisor during your free consultation. Only by talking to several advisors will you know when you’ve found the one you’re looking for.