Find an Advisor Near You
| Rank | Financial Advisor | Assets Managed |
|---|---|---|
| 1 | CAPTRUST Find an Advisor Read Review | $450,010,401,287 |
| 2 | Fisher Investments Find an Advisor Read Review | $159,612,000,000 |
| 3 | Fort Washington Investment Advisors Inc. Find an Advisor Read Review | $68,465,258,419 |
Also, what companies have financial advisors?
Find an Advisor Near You
| Rank | Financial Advisor |
|---|---|
| 1 | Vista Wealth Management Group, LLC Find an Advisor Read Review |
| 2 | Hall Capital Partners LLC Find an Advisor Read Review |
| 3 | Allworth Financial, L.P. Find an Advisor Read Review |
| 4 | Trilogy Capital, Inc. Find an Advisor Read Review |
| Fee type | Typical cost |
|---|---|
| Assets under management (AUM) | 0.25% to 0.50% annually for a robo-advisor; 1% for a traditional in-person financial advisor. |
| Flat annual fee (retainer) | $2,000 to $7,500 |
| Hourly fee | $200 to $400 |
| Per-plan fee | $1,000 to $3,000 |
Subsequently, can Financial Advisors steal your money?
If your financial advisor outright stole money from your account, this is theft. These cases involve an intentional act by your financial advisor, such as transferring money out of your account. However, your financial advisor could also be stealing from you if their actions or failure to act causes you financial loss.
Is Edward Jones a good financial advisor?
The Bottom Line. Edward Jones is comprised of thousands of advisors. 12? For individuals who want a personal touch, the right Jones advisor may very well be a good choice. On the other hand, low fees and tested investment strategies of robos give investors more net dollars to deploy into the markets.
Do banks hire financial advisors?
Many banks provide the option to use their financial advisors for your investments. They may even offer incentives such as lower fees or free checking if you have an investment account at the bank. … However, it is important to make sure your bank’s investment services are the right fit for you.
Is it smart to hire a financial advisor?
While some experts say a good rule of thumb is to hire an advisor when you can save 20% of your annual income, others recommend obtaining one when your financial situation becomes more complicated, such as when you receive an inheritance from a parent or you want to increase your retirement funds.
Are financial advisors worth it?
Here’s my take: If you have a comfortable emergency fund and can afford a financial advisor’s fee without going into debt, a financial planner might be a good investment. In fact, the planner’s fee may pay for itself in a few years if he or she helps you make better financial decisions in the meantime.
Why you should not use a financial advisor?
Avoiding Responsibility
It’s really easy to become dependent on your financial advisor. … The fees you pay to a financial advisor may not seem like a lot, but it is a huge amount of money in the long-term. Even a 2% fee can wipe out a significant amount of your future wealth building.
How can I get free financial advice?
Here are some ways to find free advice:
- Sign up with a robo-adviser. …
- Meet with a financial planner. …
- Visit your retirement plan or brokerage website. …
- Look for local financial-services programs. …
- Read reputable sources.