In the middle of financial unpredictability, the very best monetary consultants can offer a constant hand to financiers in any phase of life or with any level of wealth.
Whether you’re early in your profession or nearing your golden years, monetary consultants can assist you satisfy essential turning points and address preparation requires such as conserving for retirement, investing a windfall, moneying college education, handling portfolio earnings or forming your tradition.
However discovering an excellent monetary consultant isn’t simple.
To determine monetary consultants who might finest satisfy your requirements, you can ask individuals you understand for recommendations and utilize resources such as CNBC’s Financial Consultant 100. Confirm consultants’ qualifications and look for grievances by means of the Financial Market Regulatory Authority’s BrokerCheck or the U.S. Securities and Exchange Commission’s Financial investment Consultant Public Disclosure, then talk to those on your list.
We developed CNBC’s Financial Consultant 100 in 2019 to acknowledge the nation’s finest monetary consultants and leading monetary advisory companies. CNBC accepts no payment for positioning.
Our group utilizes information analysis, with information partner AccuPoint Solutions, and editorial evaluation to assemble CNBC’s Financial Consultant 100 list. For 2025, the procedure started with 40,563 signed up financial investment consultant companies, or RIAs, which list was lowered to 1,015 that satisfied CNBC’s requirements. CNBC surveyed the finalists for more information about their practice and validated actions versus openly offered resources. Then AccuPoint utilized CNBC’s weighted requirements to rank the companies. (Find out more about the approach listed below.)
For 2025, CNBC’s leading consultants jointly handle $223 billion. The companies have approximately 32 years in service.
2025 Financial Consultant 100 List
| 2025 Rank | Company | HQ | Overall AUM | Years in business | Accounts under management |
| 1 | Parsons Capital Management | Providence, Rhode Island | $ 2B | 31 | 1,864 |
| 2 | Heritage Financial Investment Group | Pompano Beach, Florida | $ 1.9 B | 32 | 2,358 |
| 3 | Beaird Harris Wealth Management | Dallas, Texas | $ 1.9 B | 29 | 3,188 |
| 4 | The Burney Business | Reston, Virginia | $ 3.4 B | 51 | 4,494 |
| 5 | Pittenger & & Anderson | Lincoln, Nebraska | $ 3.1 B | 30 | 2,201 |
| 6 | Dana Financial Investment Advisors | Waukesha, Wisconsin | $ 9.5 B | 45 | 1,611 |
| 7 | Howland Capital Management | Boston, Massachusetts | $ 3.3 B | 58 | 477 |
| 8 | Verus Financial Partners | Richmond, Virginia | $ 1B | 32 | 1,907 |
| 9 | RTD Financial Advisors | Philadelphia, Pennsylvania | $ 2.3 B | 42 | 741 |
| 10 | TFC Financial Management | Boston, Massachusetts | $ 1.7 B | 45 | 1,900 |
| 11 | SJS Financial Investment Solutions | Sylvania, Ohio | $ 2.5 B | 30 | 2,873 |
| 12 | Ferguson Wellman Capital Management | Portland, Oregon | $ 10B | 50 | 1,067 |
| 13 | Obermeyer Wealth Partners | Aspen, Colorado | $ 2.9 B | 27 | 660 |
| 14 | Henry H. Armstrong Associates | Pittsburgh, Pennsylvania | $ 1.1 B | 41 | 525 |
| 15 | Cadinha & & Co. | Honolulu, Hawaii | $ 1B | 46 | 1,420 |
| 16 | FMP Wealth Advisers | Austin, Texas | $ 1.1 B | 37 | 2,749 |
| 17 | Edgemoor Financial Investment Advisors | Bethesda, Maryland | $ 1.4 B | 26 | 783 |
| 18 | Location Wealth Management | Walnut Creek, California | $ 4.1 B | 28 | 5,732 |
| 19 | Austin Property | Austin, Texas | $ 1.7 B | 37 | 2,138 |
| 20 | Trumbower Financial Advisors | Bethesda, Maryland | $ 1.8 B | 29 | 951 |
| 21 | California Financial Advisors | San Ramon, California | $ 2.2 B | 27 | 3,538 |
| 22 | Eubel Brady & & Suttman Financial Investment & & Wealth Management | Miamisburg, Ohio | $ 1.8 B | 32 | 1,822 |
| 23 | Woodley Farra Manion Portfolio Management | Indianapolis, Indiana | $ 2.2 B | 30 | 1,380 |
| 24 | Steele Capital Management | Dubuque, Iowa | $ 3B | 29 | 4,184 |
| 25 | Sage Financial Group | Conshohocken, Pennsylvania | $ 3.6 B | 36 | 660 |
| 26 | Salem Financial Investment Counselors | Winston-Salem, North Carolina | $ 4.2 B | 46 | 3,000 |
| 27 | Roffman Miller Wealth Management | Philadelphia, Pennsylvania | $ 3.2 B | 35 | 1,610 |
| 28 | Albion Financial Group | Salt Lake City, Utah | $ 2B | 43 | 2,260 |
| 29 | Wingate Wealth Advisors | Lexington, Massachusetts | $ 1.4 B | 39 | 2,891 |
| 30 | North Star Property Management | Neenah, Wisconsin | $ 3B | 28 | 3,290 |
| 31 | Foster & & Motley Wealth Management | Cincinnati, Ohio | $ 2.7 B | 28 | 857 |
| 32 | Conrad Siegel Financial Investment Advisors | Harrisburg, Pennsylvania | $ 10.1 B | 23 | 1,011 |
| 33 | Lee Financial Business | Dallas, Texas | $ 1.4 B | 50 | 1,677 |
| 34 | Chilton Capital Management | Houston, Texas | $ 3.2 B | 29 | 2,100 |
| 35 | Sheets Smith Wealth Management | Winston-Salem, North Carolina | $ 1.2 B | 43 | 1,052 |
| 36 | Foundation Capital | Palo Alto, California | $ 1.3 B | 47 | 275 |
| 37 | JMG Financial Group | Downers Grove, Illinois | $ 6.3 B | 40 | 5,763 |
| 38 | Petersen Hastings Wealth Advisors | Kennewick, Washington | $ 1.5 B | 63 | 3,331 |
| 39 | Bristlecone Advisors | Bellevue, Washington | $ 2.1 B | 26 | 1,263 |
| 40 | Signet Financial Management | Parsippany, New Jersey | $ 1B | 37 | 1,907 |
| 41 | KEB Wealth Advisers | Springfield, Illinois | $ 1B | 21 | 2,168 |
| 42 | Birch Hill Financial Investment Advisors | Boston, Massachusetts | $ 2.6 B | 18 | 190 |
| 43 | Van Hulzen Property Management | El Dorado Hills, California | $ 2B | 26 | 2,842 |
| 44 | Smith Salley Wealth Management | Greensboro, North Carolina | $ 2.3 B | 22 | 2,791 |
| 45 | Telos Capital Management | San Diego, California | $ 1.4 B | 16 | 2,322 |
| 46 | Henssler Financial | Kennesaw, Georgia | $ 3.5 B | 38 | 1,695 |
| 47 | Rather & & Kittrell | Knoxville, Tennessee | $ 1.8 B | 25 | 3,129 |
| 48 | Nicholas Hoffman & & Business | Atlanta, Georgia | $ 7.1 B | 17 | 2,215 |
| 49 | Peak Advisors | Mansfield, Ohio | $ 1.9 B | 28 | 3,513 |
| 50 | Meritage Portfolio Management | Overland Park, Kansas | $ 2.4 B | 34 | 2,806 |
| 51 | BLBB Advisors | Montgomeryville, Pennsylvania | $ 3B | 61 | 1,587 |
| 52 | Index Fund Advisors | Irvine, California | $ 5.2 B | 26 | 2,159 |
| 53 | Sheaff Brock Financial Investment Advisors | Indianapolis, Indiana | $ 1.8 B | 24 | 1,114 |
| 54 | Licensed Financial Group | Altamonte Springs, Florida | $ 2.9 B | 36 | 2,437 |
| 55 | Howard Financial Solutions | Dallas, Texas | $ 1.4 B | 30 | 1,485 |
| 56 | Castle Financial Investment Management | St. Louis, Missouri | $ 2.7 B | 23 | 1,100 |
| 57 | Guyasuta Financial Investment Advisors | Pittsburgh, Pennsylvania | $ 2.3 B | 42 | 1,370 |
| 58 | Tanglewood Overall Wealth Management | Houston, Texas | $ 1.5 B | 46 | 1,287 |
| 59 | WealthCrossing | Richmond, Virginia | $ 1.2 B | 20 | 1,289 |
| 60 | Sather Financial Group | Victoria, Texas | $ 2.1 B | 26 | 448 |
| 61 | Northeast Financial Investment Management | Boston, Massachusetts | $ 2.9 B | 40 | 1,597 |
| 62 | Phillips Financial | Fort Wayne, Indiana | $ 2.2 B | 21 | 3,084 |
| 63 | WBH Advisory | Baltimore, Maryland | $ 1.6 B | 39 | 2,149 |
| 64 | Brownson, Rehmus & & Foxworth | Chicago, Illinois | $ 4.2 B | 10 | 3,359 |
| 65 | SFMG Wealth Advisors | Plano, Texas | $ 2.4 B | 23 | 900 |
| 66 | Patriot Financial Investment Management Group | Knoxville, Tennessee | $ 1.7 B | 32 | 4,136 |
| 67 | Heritage Financial Solutions | Westwood, Massachusetts | $ 3.1 B | 30 | 1,287 |
| 68 | Bedel Financial Consulting | Indianapolis, Indiana | $ 2.7 B | 37 | 5,000 |
| 69 | Moisand Fitzgerald Tamayo | Orlando, Florida | $ 1.3 B | 27 | 4,800 |
| 70 | Wealthquest Corporation | Cincinnati, Ohio | $ 2.1 B | 19 | 1,582 |
| 71 | Allegheny Financial Group | Pittsburgh, Pennsylvania | $ 4.9 B | 48 | 12,950 |
| 72 | Advance Capital Management | Southfield, Michigan | $ 4.5 B | 39 | 15,661 |
| 73 | Waters, Parkerson & & Co. | New Orleans, Louisiana | $ 2.6 B | 52 | 1,898 |
| 74 | Windward Capital Management | Los Angeles, California | $ 1.3 B | 29 | 207 |
| 75 | Avity Financial Investment Management | Greenwich, Connecticut | $ 2B | 55 | 828 |
| 76 | Financial Investment Consulting Group | Davenport, Iowa | $ 2.7 B | 35 | 492 |
| 77 | Conservest Capital Advisors | Wynnewood, Pennsylvania | $ 1.8 B | 32 | 300 |
| 78 | Prudent Management Associates | Philadelphia, Pennsylvania | $ 1.1 B | 41 | 616 |
| 79 | Zemenick & & Walker | St. Louis, Missouri | $ 2.4 B | 26 | 256 |
| 80 | Cabot Wealth Management | Beverly, Massachusetts | $ 1B | 41 | 1,748 |
| 81 | Garde Capital | Seattle, Washington | $ 2.2 B | 15 | 490 |
| 82 | Silvercrest Property Management Group | New York City, New York City | $ 36.4 B | 23 | 1,234 |
| 83 | Anderson Hoagland & & Co. | St. Louis, Missouri | $ 1.2 B | 45 | 383 |
| 84 | Octagon Financial Solutions | McLean, Virginia | $ 1.3 B | 41 | 461 |
| 85 | Charter Oak Capital Management | Portsmouth, New Hampshire | $ 1.4 B | 19 | 1,359 |
| 86 | Retirement Earnings Solutions | Ann Arbor, Michigan | $ 2.6 B | 16 | 1,268 |
| 87 | Halbert Hargrove Global Advisors | Long Beach, California | $ 3.5 B | 36 | 4,671 |
| 88 | CRA Financial Solutions | Northfield, New Jersey | $ 1.4 B | 21 | 1,366 |
| 89 | Evergreen Capital Management | Bellevue, Washington | $ 5.2 B | 41 | 3,147 |
| 90 | Wescott Financial Advisory | Philadelphia, Pennsylvania | $ 4B | 38 | 500 |
| 91 | Chevy Chase Trust Business | Bethesda, Maryland | $ 12.7 B | 26 | 5,218 |
| 92 | Captrust Wealth Advisors | Holland, Michigan | $ 1.8 B | 10 | 2,912 |
| 93 | YHB Financial Investment Advisors | West Hartford, Connecticut | $ 2.1 B | 35 | 1,165 |
| 94 | Plancorp | St. Louis, Missouri | $ 8B | 42 | 1,600 |
| 95 | Pillar Capital Management | Grand Blanc, Michigan | $ 4.5 B | 25 | 3,463 |
| 96 | Constellation Wealth Advisors | Cincinnati, Ohio | $ 4.6 B | 16 | 2,454 |
| 97 | Trek Financial | Scottsdale, Arizona | $ 2.4 B | 27 | 11,057 |
| 98 | Palisade Capital Management | Fort Lee, New Jersey | $ 4.2 B | 35 | 2,412 |
| 99 | RubinBrown Advisors | St. Louis, Missouri | $ 3.2 B | 22 | 3,918 |
| 100 | Apriem Advisors | Irvine, California | $ 1.4 B | 27 | 2,914 |
What is a fiduciary monetary consultant?
A fiduciary monetary consultant acts in the very best interest of the customer, despite how that impacts their service or bottom line.
Some monetary consultants, such as RIAs, are bound by the fiduciary requirement. Nevertheless, financial investment brokers should follow a viability requirement, which indicates that suggestions might be suitable however not always the very best alternative.
What actions should somebody take when picking a monetary consultant?
Discovering the best monetary consultant might need some research, however you can begin with recommendations from relied on associates, good friends or member of the family.
Depending upon your requirements, you can look for consultants’ active qualifications, such as qualified monetary organizer, or CFP; accredited accountant, or certified public accountant; or chartered monetary expert, or CFA.
You can likewise look for regulative infractions and client grievances, likewise called disclosures, by means of BrokerCheck from FINRA, and the Financial Investment Consultant Public Disclosure site from the SEC. State regulators might offer more info for smaller sized companies.
Before picking a monetary consultant, you ought to satisfy and talk to potential prospects. These 10 concerns from the CFP Board might assist limit your list:
1. What are your credentials and qualifications?
2. What services do you use?
3. Will you have a fiduciary responsibility to me?
4. What is your technique to monetary preparation?
5. What kinds of customers do you generally deal with?
6. Will you be the only consultant dealing with me?
7. How will I spend for your services?
8. Just how much do you generally charge?
9. Do others stand to acquire from the monetary guidance you provide me?
10. Have you ever been openly disciplined for dishonest or illegal actions in your profession?
What’s the distinction in between a fee-only monetary consultant and a commission-based consultant?
Before working with a monetary consultant, it is essential to comprehend their settlement structure and how it might affect their suggestions.
Usually, monetary consultants are paid by means of commission, costs or a hybrid of the 2. Fee-only indicates the consultant does not get a commission from items. Some fee-only examples might consist of flat quantities for one-time jobs, per hour costs, month-to-month retainers or possessions under management, or AUM.
Commission-based guidance might be the lowest-cost alternative for guidance about a particular monetary item. Nevertheless, commission-based guidance can provide a dispute of interest in many cases.
By contrast, AUM is typically a set portion each year, however the quantity paid differs based upon the size of your portfolio. Some consultants paid by means of AUM have minimum possession requirements, which can be less inclusive to financiers with a smaller sized portfolio.
What are the benefits and drawbacks of utilizing a robo-advisor vs. a human monetary consultant?
Robo-advisors are algorithms established by business to immediately invest your cash based upon your threat tolerance. Some robo-advisors use extra functions, such as access to a human consultant and tax-loss harvesting, which utilizes losses to balance out other portfolio gains.
By contrast, a human monetary consultant can use customized, extensive monetary preparation to satisfy particular objectives. This might consist of assistance on investing, taxes, insurance coverage, retirement preparation, estate preparation and other locations.
In 2024, the average robo-advisor charge was around 0.25% of possessions annually, based upon 16 U.S.-based platforms, according to Morningstar’s 2025 Robo-Advisor Report. Nevertheless, costs can be considerably greater, depending upon the platform. To compare, monetary consultants generally charge around 1% of possessions under management, or 100 basis points, depending upon the size of your portfolio.
If you’re brand-new to investing, many professionals suggest beginning with your work environment 401( k), instead of a robo-advisor, and contributing a minimum of as much as your company’s matching contribution. Without a work environment strategy, you might think about a Roth private retirement account, which supplies tax-free development, to name a few advantages.
Fidelity suggests going for a minimum of 15% of pretax earnings for retirement, including your company match. The most popular 401( k) financial investment, target-date funds, likewise use automatic possession allotment, depending upon your organized retirement date.
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Monetary consultant Frequently asked questions
What are the requirements for a qualified monetary organizer?
Licensed monetary coordinators, or CFPs, satisfy 4 requirements: education, examination, experience and principles. They should finish a CFP Board-registered program and hold a bachelor’s degree. Experts likewise should show understanding and proficiency by passing a test, finishing experience hours and conference continuous principles and continuing education requirements.
What are the warnings or alerting indications of a bad monetary consultant?
- There are numerous countless monetary consultants in the U.S., and selecting the best one can feel frustrating. Nevertheless, there are methods to look for warnings and limit your possibility list.
- One warning is an absence of openness about consultant settlement, which is needed in Kind ADV Part 2A for RIAs.
- Another warning might be a consultant who presses items without a company understanding of your objectives, threat tolerance and timeline.
- You can confirm qualifications by means of providing companies, such as the CFP Board. You can likewise discover regulative infractions and client grievances by means of FINRA’s BrokerCheck and the SEC’s Financial investment Consultant Public Disclosure site.
How do you pick a monetary consultant for retirement preparation?
- Advisors who focus on retirement preparation generally have proficiency in financial investment management, portfolio circulation, taxes, Social Security, Medicare, long-lasting care, tradition preparation and other essential concerns.
- Qualifications such as CFP or RICP– retirement earnings accredited expert– might signify proficiency, however you ought to likewise weigh years of experience and other specialized training.
- While speaking with potential customers, you ought to inquire about their viewpoint for retirement earnings and life time tax preparation.
- The best prospect will discuss their holistic technique to fulfilling your monetary objectives, instead of right away pressing items.
What prevail monetary methods suggested by monetary consultants?
- If you’re battling with capital or financial obligation concerns, your monetary consultant might begin by evaluating your month-to-month earnings and costs to develop a practical budget plan.
- With a clearer photo of capital, a consultant can make investing suggestions based upon your objectives, threat tolerance and timeline.
- Your consultant might likewise suggest tax methods, based upon your monetary objectives, to assist decrease your annual and life time tax liability.
- Long-lasting investing objectives might consist of financing education for your kids or conserving for retirement.
- It’s likewise crucial to deal with tradition objectives by producing an estate strategy.
How do I discover the very best monetary consultant near me for young experts?
- Young experts might look for a monetary consultant to assist handle completing monetary concerns while constructing their profession.
- Secret preparation concerns might consist of beginning to invest, settling trainee loans, browsing worker advantages, purchasing a very first home and conserving for a wedding event or having kids.
- Some monetary consultants deal with more youthful financiers and do not have minimum possession requirements. These coordinators might charge one-time, per hour or month-to-month costs instead of a portion for possessions under management.
- You can utilize directory sites from the CFP Board, XY Preparation Network or the National Association of Personal Financial Advisors to discover a fiduciary monetary consultant.
Approach: How we selected the very best monetary consultants for 2025
CNBC utilized information analysis and editorial evaluation to assemble its seventh yearly Monetary Consultant 100 list.
For 2025, we began with 40,563 RIAs from the SEC’s regulative database. That list was filtered to 1,015 companies, and the finalists finished studies to confirm essential information. CNBC performed an editorial evaluation of entries, before information partner AccuPoint Solutions used our exclusive weighted requirements to limit the list and rank the companies.
To name a few requirements, we thought about:
- Properties under management
- Company area and states signed up
- Regulative and compliance records
- Company size and years in service
- Variety of qualified monetary coordinators
- Variety of financial investment consultants signed up with the company
You can find out more by reading our complete approach for figuring out the very best monetary consultants.
CNBC individual financing press reporters Jessica Dickler, Gregory Iacurci, Lorie Konish, Annie Nova and Ana Teresa Solá added to this story.
CNBC gets no settlement from positioning monetary advisory companies on our Monetary Consultant 100 list In addition, a company’s or consultant’s look in our ranking does not make up a private recommendation by CNBC of any company or consultant.