Best Financial Advisors in Columbus, Ohio

Looking for the right advisor for you? Datalign Advisory makes finding a financial advisor specific to your needs easier than ever.

Columbus is the second largest city in the Midwest behind Chicago. It’s this large population that gives people a fantastic array of choices for financial advisors. 

Benzinga has sifted through a diverse variety to give you the best choice possible based on financial circumstances, life goals and aspirations.

Best Financial Advisors in Columbus Near You:

Best for Long-Term Financial Counsel: Waller Financial Planning Group

Waller Financial Planning Group is a financial advisor in Columbus that offers both financial planning and investment management services. Its team offers a host of both personal and professional investing services in house, including cash-flow planning, estate planning, portfolio construction, education planning and retirement preparation services. Waller Financial Planning Group heavily highlights its commitment to ongoing community and philanthropic efforts. 

Its Donor Advised Fund is a staff-advised charity that provides regular financial support to nonprofits around the Columbus area, while its annual Odysseus Awards recognize and reward clients and members of the community making a difference. If you need comprehensive financial planning and also want to see your fee money go toward your community, be sure to consider Waller Financial.

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WALLER FINANCIAL PLANNING GROUP, INC.

WALLER FINANCIAL PLANNING GROUP, INC.

$375,861,845
  • A percentage of assets under your management
  • Hourly charges
  • Fixed fees (other than subscription fees)
$500,000
6
330
Yes
72
10
  • Financial planning services
  • Selection of other advisers (including private fund managers)
  • Publication of periodicals or newsletters
Address

941 CHATHAM LANE SUITE 212 COLUMBUS OH, 43221

Phone number

614-457-7026

Best For
Customizable Robo Investing

Best Robo-Advisor: M1 Finance

M1 Finance allows for smart money management via 2 exclusive accounts: Basic M1 account and M1 Plus account. With a Basic M1 account, you can invest in a portfolio of ETFs and stocks for free. The M1 Plus account charges $125 per year and gives you a morning and afternoon trade window if you have more than $25,000 in your portfolio.

The firm automates the creation and maintenance of your custom investment portfolio. Once you create a pie-based portfolio, M1 leverages its proprietary trading system to automate all your trading activity. It also allows you to access a flexible portfolio line of credit through M1 Borrow. Borrow up to 35% of your investment portfolio at a 3.50% interest rate, and 2% for an M1 Plus account. 

A $100 minimum account balance is required to get you started on M1, after which deposits can be any amount above $10. 

Best for Fee-Only Services: Meyers Wealth Management

Meyers Wealth Management is a registered investment advisor and financial planning service primarily providing portfolio management services to individuals and businesses. Meyers’ analysts use a number of strategies when it evaluates investments but primarily focuses on value investing and the modern portfolio theory. There is no minimum account balance to begin with Meyers. 

When you allow Meyers Wealth Management to handle your portfolio investing, you may also receive financial planning, retirement advising and pension consulting free of charge. While basic services are included with your portfolio management plan, Meyers reserves the right to negotiate an additional fee for any of these services if your needs go beyond basic needs.

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MEYERS WEALTH MANAGEMENT, LLC

MEYERS WEALTH MANAGEMENT, LLC

$682,500,000
  • A percentage of assets under your management
$0
N/A
344
Yes
14
8
  • Financial planning services
  • Pension consulting services
  • Selection of other advisers (including private fund managers)
  • Educational seminars/workshops
Address

4100 HORIZONS DRIVE SUITE 101 COLUMBUS OH, 43220

Phone number

614-442-6787

Best For
ETF Investors

Best Mobile App: Betterment

Betterment is a fiduciary that offers 2 pricing plans: Digital Plan and Premium Plan. The Digital plan has no minimum balance requirements but charges a 0.25% annual maintenance fee on your account balance. The Premium plan requires a $100,000 minimum account balance and charges a 0.40% annual fee on your account balance. 

You can also save money through its Cash Reserve account which will help you earn up to 0.30% APY, with FDIC insurance up to $1,000,000 for individual accounts and $2,000,000 for joint accounts. 

Betterment has also developed personalized retirement guidance, a suite of tax smart tools and created an easy-to-use mobile app — available on Google Play and App Store — to keep your financial needs unified. Its team of Certified Financial Planners™ is also available to provide one-on-one advice either as a one-off package or with continuous support through its Premium plan. 

Best for Tailored Solutions: Cambridge Financial Group

Cambridge Financial Group is a team of financial planners primarily working with individuals, pension planning services and businesses. The minimum account size required to open an account with Cambridge is $100,000. Cambridge’s primary investment strategy focuses on investing in a combination of 30 stocks. 

The specific stocks it will choose for you will depend on your risk tolerance and goals for investing. Planners select 20 of the 30 stocks for your portfolio dependent on price momentum, while the remaining 10 they select is based on relative value. Its team also performs monthly reevaluations and rebalances your portfolio as needed.

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CAMBRIDGE FINANCIAL GROUP, INC.

CAMBRIDGE FINANCIAL GROUP, INC.

$192,160,508
  • A percentage of assets under your management
$100,000
4
301
Yes
79
8
Address

4100 HORIZONS DRIVE, SUITE 101 COLUMBUS OH, 43220

Phone number

614-457-1530

Best For
High Net Worth Individuals

Best Portfolio Analysis: Personal Capital

With over $12.3 billion AUM, Personal Capital offers 3 wealth management plans: Investment Services for $100,000–$200,000 investment assets, Wealth Management for $200,000–$1,000,000 investment assets and Private Client if you have over $1,000,000 investment assets.

Personal Capital gives you access to registered financial advisors and free tools to help build your personalized portfolio. Its retirement planner, education planner and fee analyzer tools, among others, help you get better clarity on your money. You can earn a higher interest rate on your cash via its Personal Capital Cash™ program compared to a traditional savings or checking account. 

Best for High-Value Investors: WealthStone Family Office

WealthStone Family Office is one of the top financial advisors for high-value investors looking for a complete suite of financial management services. Offering everything from tax and financial planning to business advisory and estate considerations, WealthStone is the perfect one-stop-shop for investors with multiple financial concerns. 

WealthStone’s investment philosophy centered around both portfolio and philosophical diversification. Multiple team members will collaborate when creating your ideal asset list, which gives you multiple levels of diversification. WealthStone is best suited for high net-worth investors and business owners, as its Armanda consulting services are available to clients with $10 million assets under management.

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WEALTHSTONE FAMILY OFFICE LLC

WEALTHSTONE FAMILY OFFICE LLC

$754,756,981
  • A percentage of assets under your management
  • Hourly charges
  • Fixed fees (other than subscription fees)
$500,000
N/A
163
Yes
45
8
  • Financial planning services
  • Pension consulting services
  • Selection of other advisers (including private fund managers)
Address

5000 HORIZONS DR COLUMBUS OH, 43220

Phone number

614-267-2600

Best For
Comparing Advisors

Best for Finding Custom Financial Advisors: SmartAsset

Find the right financial advisor to prepare for your future. SmartAsset‘s platform connects investors, soon-to-be-retirees and retirees with financial advisors from across the country. 

As the first comprehensive solution for easily and securely pairing investors with financial advisors, SmartAsset provides you with free and secure access to the financial advisor marketplace and sources advisors that are right specifically for you based on your location, assets and personal preferences. 

Answer a brief survey regarding your preparedness for retirement, investment style and contact information, so SmartAsset’s algorithm can match you with the best financial advisor for you!

Best for Retirement Planning Services: Collaborative Financial Planning

Collaborative Financial Planning is an investment management service focused on providing accessible retirement and legacy planning services. Unlike some larger firms, this financial planner doesn’t impose a minimum account balance on its clients, which can make it a good choice for investors who are just getting started planning their road to retirement. 

Collaborative’s primary investing strategy focuses on long-term holdings. It evaluates companies and funds based on how long they believe the company will be profitable and choose investments that slowly increase in value over time. This makes its strategy better for investors who have plenty of years until retirement.

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WOODBURY FINANCIAL SERVICES, INC.

WOODBURY FINANCIAL SERVICES, INC.

$7,631,833,044
  • A percentage of assets under your management
  • Hourly charges
  • Fixed fees (other than subscription fees)
  • Commissions
N/A
4
28,995
Yes
33
8
  • Financial planning services
  • Pension consulting services
  • Selection of other advisers (including private fund managers)
  • Educational seminars/workshops
Address

7755 3RD STREET NORTH OAKDALE MN, 55128

Phone number

800-800-2638

Frequently Asked Questions

Q: How do you evaluate a financial advisor? 

A: As a starting point, your financial advisor should have the right credentials — be a chartered financial analyst (CFA) or certified financial planner (CFP). Check the The Investment Adviser Public Disclosure (IAPD) for more information about all the financial and legal aspects of an advisor’s business practices.

Q: What return should I expect from a financial advisor? 

A: Keep off any financial advisor who promises a specific return on your investment. A financial advisor should understand your financial goals, risk tolerance and work toward helping you make the right investment and financial planning decisions. 

Q: Do financial advisors check your credit? 

A: A financial advisor won’t run a credit check unless you need it to adequately analyze your financial framework. But, you may have to answer some questions about credit and debt-related issues to ensure you’re comfortable with your advisor.

Should You Count On a Financial Advisor?

There’s a lot a financial advisor can do to help you achieve every aspect of your financial framework: help set your financial goals (both short- and long-term), set up an IRA, create a customized investing portfolio, manage your wealth and more. Consider their reputation and credentials, as well as your comfort level — you should be at ease sharing some of your most private affairs. 

Methodology

To determine the top financial advisors in Columbus, Ohio, we pored through all SEC-registered advisory firms who have an office in Columbus. To winnow down the list we only included advisors who were registered fiduciaries, had no past disclosures and have minimal personal conflicts of interest. To further break down the list to the true top advisors in the area, we gave weight to advisors that offer both investment management and planning, have no conflicts of interest, have offices in multiple states, have a wrap-fee program and over $50 million in assets under management.

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