Best Financial Advisors in San Antonio, Texas

Quick Look: Best Financial Advisors in San Antonio Near You

• Best for Retirement Planning: PAX Financial Group
• Best Robo-Advisor: M1 Finance
• Best for Active Investing Approach: Brent Forrest & Associates
• Best for Goals-Based Planning: Texas Legacy Wealth Management
• Best Portfolio Analysis: Personal Capital
• Best for Wide Range of Financial Solutions: SWBC Investment Company
• Best for Finding Custom Financial Advisors: SmartAsset
• Best for Team-Based Planning: Strategic Financial Concepts

San Antonio is one of the most rapidly growing major cities in the United States. It makes sense that you’ll be able to locate a plethora of skilled financial advisors in the city. Benzinga has done the work for you by researching a host of financial advisors to give you the best list possible given your specific circumstances.

Best for Retirement Planning: PAX Financial Group

PAX Financial Group employs some of the top financial advisors and certified financial planners (CFP®’s) to live the life you’ve always imagined.

PAX Financial Group isn’t a big fan of the word “retirement” because the strict definition is that when you retire, you’re taken out of service — the underlying assumption is that your life is no longer useful. Instead of retiring, PAX Financial switches to a PIVOT system. 

The PIVOT system separates and sorts your assets into varying investment classes. By dividing your money into different “buckets” with varying risk levels, PAX helps you keep your retirement income safe and protected, helps you grow wealth to pass on and maintains your emergency fund.

Best Robo-Advisor: M1 Finance

Need a single app to conduct most of your financial activity? M1 Finance offers a DIY approach by giving you ample customization and automation to manage your money. You can select from over 80 expert portfolios and include individual stock, low-cost ETFs, fractional shares and more. 

You can choose between 2 account types. M1 Finance’s Core account includes:

• No trading commissions
• No management fees
• Free checking account
• 3.5% base rate for a portfolio line of credit

M1 Finance’s Plus account includes:

• All Core account features
• 1% APY on checking account balance 
• 1% cash back on qualifying debit card purchases, no limits
• Access to a second daily trade window
• 2.75% rate for portfolio line of credit (0.75% reduction)

Brent Forrest & Associates is a fee-only team of financial planners and investment managers focused on an active approach to investing. Instead of investing in indexes and passive management strategies, Brent Forrest & Associates employs a full team of market analysts to consistently rebalance your portfolio and assets throughout the year to maximize your returns. 

The firm offers services such as cash management, tax management, insurance analysis, retirement and investments, estate planning and more.

Best for Goals-Based Planning: Texas Legacy Wealth Management

Texas Legacy Wealth Management involves a team of financial advisors in San Antonio with a particular focus on individual goals and growth potential. Texas Legacy Wealth Management goes the extra mile to be sure that your investment strategy matches up with your unique needs. 

At your initial meeting with Texas Legacy, you’ll tell your personal financial planner a little more about the assets you currently own, your family and where you’d like to be in the next 5, 10 or 20 years. From there, an advisor from Texas Legacy’s team will analyze your account and draft an individual financial plan and roadmap for you to present at your next meeting.

Best Portfolio Analysis: Personal Capital

Personal Capital

is free for you to track and manage your financial life. It offers award-winning financial tools and personal attention from registered financial advisors for significantly less compared to traditional financial advisors. 

Personal Capital gathers up all your accounts in one place and helps you visualize your goals and spending patterns.

If you want to add a real person into the mix and get tax optimization strategies and other benefits, you will need an account minimum balance of $100,000. It’s a 0.89% fee for the first $1 million, and fees are reduced the more money you have — it’s 0.49% if you have over $10 million.

Best for Wide Range of Financial Solutions: SWBC Investment Company

SWBC Investment Company is a financial planner in San Antonio that also offers a wide range of business and pension solutions. In addition to life insurance and wealth management, SWBC also offers pension planning, investment management and corporate investing.

SWBC focuses on providing individualized investing plans and solutions on a case-by-case basis for each of its clients.

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. 

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 Team-Based Planning: Strategic Financial Concepts

Strategic Financial Concepts (SFC) is a financial advisory firm that focuses on investment management, financial planning and insurance strategies for individuals, families and businesses. 

The firm adopts a team-based planning approach to financial services. This means that your financial plans are not developed by just 1 advisor. A team takes a look at your overall financial picture and incorporates specialists for true comprehensive planning. SFC ensures that when you work with the firm, you work with a dedicated team.

Frequently Asked Questions

Q: Do I need a financial advisor to plan for retirement?

A: Financial advisors can help with in-person retirement planning. However, there are other cost-effective alternatives like robo-advisors that can help you manage your retirement funds.

Q: Can I talk to a financial advisor for free?

A: Yes, your first consultation with a financial advisor is free. 

Q: Can financial advisors help mitigate debt?

A: Yes. Financial advisors can provide aid in this area but will need a comprehensive overview of your finances, taxes, income, debt and more to come up with a debt repayment solution.

Find a Financial Advisor in San Antonio

There are multiple great financial advisors that you can choose from in San Antonio. Try consulting at least 3 advisors so that you can really weigh in the pros and cons. It’s important that you make an informed decision since your financial future is important for not just your life but your loved ones’ lives as well.

Methodology: To determine the top financial advisors in San Antonio, we pored through all SEC-registered advisory firms who have an office in San Antonio. We winnowed the list by only including advisors that 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.