Best Financial Advisors in Phoenix, Arizona

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Contributor, Benzinga
May 4, 2021

Quick Look: Best Financial Advisors in Phoenix, Arizona

  • Best for Wide Range of Services: Heritage Wealth Solutions
  • Best Robo-Advisor: M1 Finance
  • Best for Long-Term Investing and Planning: RTS Private Wealth Management
  • Best for Goals-Based Planning: Versant Capital Management
  • Best Portfolio Analysis: Personal Capital
  • Best for Unique Needs: Hatton Consulting
  • Best for Small Businesses: Ironwood Wealth Management

Phoenix, Arizona, is one of the fastest-growing cities in the U.S. This means more money to manage and this also means there are more financial advisors to help you do it. 

Read on to learn Benzinga’s top picks for financial advisors in the Phoenix metro area. 

Best for Wide Range of Services: Heritage Wealth Solutions

Heritage Wealth Solutions has a strong reputation for helping clients enjoy financial stability. Heritage can assist you with insurance planning, investments, business planning, Social Security and pension planning. Heritage covers a host of services and products essential for financial stability such as life insurance, disability income insurance, 401(k) plans, IRAs, bonds, mutual funds, retirement planning and more. Its team takes a needs-based approach and offers a plan that’s perfect for your lifestyle.

Heritage can give you a straightforward approach to building a financial plan that fits your schedule, circumstances and objectives and gathers your financial data and goals to monitor your portfolio. 

HERITAGE WEALTH MANAGEMENT, LLC

HERITAGE WEALTH MANAGEMENT, LLC

$153,839,494
  • A percentage of assets under your management
  • Hourly charges
  • Fixed fees (other than subscription fees)
N/A
15
303
Yes
84
6
  • Financial planning services
  • Selection of other advisers (including private fund managers)
Address

2355 E. CAMELBACK ROAD STE. 425PHOENIX AZ, 85016

Phone number

602-775-5400

M1 Finance
Best For
  • Customizable Auto Investing
securely through M1 Finance's website

Best Robo-Advisor: M1 Finance

If you prefer to tackle your own investments, M1 Finance is perfect for you. M1 Finance is an intelligent, seamlessly integrated money management platform available on the App Store and Google Play. You’ll enjoy complete freedom to easily build, invest and optimize your money. 

You can choose between 2 account types — Core and M1 Plus. The Core account includes:

  • Zero trading commission or management fees
  • Free checking account
  • 3.5% base rate for a portfolio line of credit.

The M1 Plus account comes at a price — $125 per year. Perks include:

  • 1% APY on checking account balance info icon
  • 1% cashback on qualifying debit card purchases, no limits
  • Access to a second daily trade window
  • 2.75% rate for portfolio line of credit

Best for Long-Term Investing and Planning: RTS Private Wealth Management 

Robinson Tigue Sponcil (RTS) Private Wealth Management can help you protect your hard-earned assets and grow your wealth over the long term. The firm’s 3-step Investment Consulting method includes investment planning, advanced planning and relationship management. 

RTS creates customized portfolios for each client and considers multiple asset classes for a balanced asset allocation designed to keep volatility in check. RTS Advisors takes a look at everything outside of your portfolio such as 401(k) investments, charitable giving and more. Most importantly, the firm works to forge a solid relationship with you.

RTS PRIVATE WEALTH MANAGEMENT

RTS PRIVATE WEALTH MANAGEMENT

$273,162,184
  • A percentage of assets under your management
  • Fixed fees (other than subscription fees)
N/A
3
179
Yes
97
6
  • Financial planning services
  • Selection of other advisers (including private fund managers)
Address

2425 E. CAMELBACK ROAD SUITE 620PHOENIX AZ, 85016

Phone number

602-224-7850

Best for Goals-Based Planning: Versant Capital Management

Versant Capital Management looks out for your personal and family interests. Its brand ensures that wealth managers forge lifelong relationships with your family for years to come. 

Versant’s first task is to do a comprehensive check to evaluate your current assets and financial goals.

Versant’s particular expertise includes:

  • Retirement planning
  • Same-sex couples who need targeted financial guidance
  • Life insurance
  • College savings

Versant offers enhanced resources including a cloud-based portfolio that includes immediate access to healthcare directives and emergency information.

VERSANT CAPITAL MANAGEMENT, INC.

VERSANT CAPITAL MANAGEMENT, INC.

$871,194,436
  • A percentage of assets under your management
  • Hourly charges
  • Fixed fees (other than subscription fees)
$2,000,000
16
220
Yes
77
6
  • Financial planning services
  • Selection of other advisers (including private fund managers)
  • CONSULTING
Address

2394 EAST CAMELBACK ROAD SUITE 100PHOENIX AZ, 85016-9260

Phone number

602-635-3760

Empower
Best For
  • High Net Worth Individuals
securely through Empower's website

Best Portfolio Analysis: Personal Capital

Are you looking for a single platform to manage your budget, plan for retirement and invest?

Personal Capital is a financial management provider that offers the best of both worlds — the affordability of a robo-advisor and the personalized touch of a human professional. It takes information from your credit card providers, bank, retirement accounts and more to capture where your money is spent.

You can have your account managed through Personal Capital if you’re a high-value investor — as long as you have a $100,000 minimum account balance. If you only use the investment management tools, it’s free. You get comprehensive 24/7 customer service, access to a financial advisor and a wide range of financial tools. 

Fees are higher compared to other robo-advisors but are more affordable than a traditional financial advisor.

Best for Unique Needs: Hatton Consulting

Hatton Consulting is an excellent option for a wide range of backgrounds with unique needs at various points in life. Hatton can offer decades of experience and leads a team with industry-leading credentials.

Hatton Consulting focuses on:

  • Key executives and managers
  • Business owners
  • Pre-retirees and retirees
  • Widows and widowers

Hatton charges on a fee-only basis so you don’t have to pay any commissions or 3rd parties. 

HATTON CONSULTING, INC.

HATTON CONSULTING, INC.

$325,600,000
  • A percentage of assets under your management
  • Hourly charges
  • Fixed fees (other than subscription fees)
$0
4
207
Yes
62
6
  • Financial planning services
  • Pension consulting services
  • Selection of other advisers (including private fund managers)
  • PORTFOLIO MANAGEMENT FOR NOT-FOR-PROFIT COMPANIES
Address

5090 N 40TH STREET SUITE 160PHOENIX AZ, 85018

Phone number

602-852-5520

Best for Small Businesses: Ironwood Wealth Management

Owning a small business can be difficult, and managing your personal and company finances can be daunting. 

Ironwood Wealth Management provides you with a framework to help you reduce taxes, create more wealth and take care of your finances. 

Ironwood has your back for multiple situations — setting up new businesses (LLC, S corporation, C corporation, partnership or sole proprietor), succession planning, supplemental executive retirement plans (SERPs) and more.

IRONWOOD WEALTH MANAGEMENT, LLC

IRONWOOD WEALTH MANAGEMENT, LLC

$237,347,942
  • A percentage of assets under your management
  • Hourly charges
  • Fixed fees (other than subscription fees)
$5,000
7
388
Yes
34
6
  • Financial planning services
  • Educational seminars/workshops
Address

4650 E. COTTON CENTER BLVD., SUITE 130 PHOENIX AZ, 85040

Phone number

480-776-5960

Frequently Asked Questions

Q

How can I research the background of my financial advisor?

A

You can do a background check on your financial advisor with the FINRA Broker Check. The Financial Industry Regulatory Authority (FINRA) is a government-authorized nonprofit organization that oversees U.S. broker-dealers that ensures you get basic protections when you invest.

Q

Can I talk to a financial advisor for free?

A

There is no charge for your first consultation.

Q

What's the difference between financial planning and retirement planning?

A

Financial planning includes all aspects of your financial life, such as buying a home, saving for college, starting a business and more. Retirement planning is specific to preparing investments to live off of during retirement.

Choose the Right Financial Advisor in Phoenix

Make sure you do a background check before you choose a financial advisor in Phoenix. We recommend visiting at least 3 advisors so you can evaluate your options and make an informed decision.

Methodology

To determine the top financial advisors in Phoenix, we pored through all SEC-registered advisory firms who have an office in Phoenix. We winnowed the list by only including advisors who are registered fiduciaries, have 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.

Read also: BEST FINTECHS IN PHOENIX, RANKED