Best Financial Advisors in Spokane, Washington

Contributor, Benzinga

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

Are you searching for the best financial advisor in Spokane? Googling a list can make the process seem overwhelming. (How many results is that, again?) 

We’ve shrunk the screening process for you so you can hone in on the best financial advisors in Spokane. 

Best Financial Advisors in Spokane Near You:

Best Wealth Management: Asset Planning and Management Inc. 

Asset Planning and Management’s initial objective is to get to know you and your family. This is part of this firm’s approach to kindle a relationship, increase and manage your wealth. 

You’ll get a comprehensive financial planning service. Asset Planning and Management offers transparency by providing a private client website. This firm charges $75 to $250 per hour for financial planning services and investment management fees start at 1% for accounts up to $1 million.

Claim Profile

Reach out to our team to improve your companies visibilty

ASSET PLANNING & MANAGEMENT, INC.

ASSET PLANNING & MANAGEMENT, INC.

$105,012,694
  • A percentage of assets under your management
  • Hourly charges
$100,000
1
18
Yes
91
2
  • Financial planning services
  • Educational seminars/workshops
  • LITIGATION SUPPORT SERVICES
Address

422 W RIVERSIDE AVENUE, STE 722 SPOKANE WA, 99201-0305

Phone number

509-838-4175

Best For
Customizable Robo Investing

Best Robo-Advisor: M1 Finance

Can you conduct most of your financial activity on a single mobile app? M1 Finance makes it possible. You can:

  • Make free stock and ETF trades.
  • Create and manage your portfolio.
  • Borrow up to 35% of your portfolio balance.
  • Own a fully integrated checking account with direct deposit and debit card.

You can trade over 6,000 stocks and exchange-traded funds (ETFs) for free with a $100 account minimum. You can customize your own portfolio or select from over 80 expert portfolios. To help expand your investment range, M1 Finance provides low-interest loans and fractional share trading (less than 1 full share of equity). Your built-in checking account allows you to fully integrate your financial system by combining your trading account with it.

Best for Customer Service: Ten Capital

Ten Capital is a small firm with an emphasis on getting you involved in your own wealth-building plan. The financial advisors construct your portfolio using a framework that considers asset liquidity, your income, market volatility and expected return. 

This small firm offers financial planning services that include specialized investments, insurance solutions and retirement planning. It encourages participation and education by hosting quarterly events, lunch workshops and group dinners with portfolio managers. Ten Capital sells no in-house products or commission-based investments. It charges a 1.25% investment management fee up to a $2,000,000 investment and a minimum $5,000-per-year fee for financial planning.

Claim Profile

Reach out to our team to improve your companies visibilty

TEN CAPITAL WEALTH ADVISORS, LLC

TEN CAPITAL WEALTH ADVISORS, LLC

$343,650,748
  • A percentage of assets under your management
  • Hourly charges
  • Fixed fees (other than subscription fees)
N/A
7
1,101
Yes
94
8
  • Financial planning services
Address

601 WEST MAIN ST #210 SPOKANE WA, 99201

Phone number

509-325-2003

Best For
ETF Investors

Best Mobile App: Betterment

Do you want to become a better investor? The Betterment app combines online financial advice, online trading and online banking. You can create your investment portfolio, integrate your financial accounts, save more money and set up your IRA or 401(k). The app connects your financial activities with Betterment LLC, a fiduciary investment advisory and financial services company.

  • Investing fees are 0.25% per year on your invested balance, which covers all trading costs. There are no additional transaction fees. Fund fees range from 0.03% to 0.50%.
  • You can also access retirement planning tools for free by syncing your existing accounts. However, Betterment will charge you a 0.25% management fee once you turn your retirement assets over to Betterment. 
  • If you want unlimited access to Betterment’s professional advisors, your fee will be 0.40% per year on your invested balance.

Betterment has 2 cash managing products: Cash Reserve and Checking. Cash Reserve helps you expand your savings with an earning 0.30% APY. 

Best for Retirement Planning: Northern Capital Management

Northern Capital Management is committed to helping you secure your financial future. The firm’s team believes that using the best financial technology is the most effective way to meet your financial planning needs. Northern Capital manages your accounts with a powerful portfolio management system.

Northern Capital’s wealth management service focuses heavily on retirement services. In this area, it provides guidance so you’re set to retire when you want to. Northern Capital Management charges 1% for accounts up to $3,000,000 and 0.75% thereafter. Financial consulting fees range from $500 to $3,000, depending on the scope and complexity of your financial plan. 

Claim Profile

Reach out to our team to improve your companies visibilty

NORTHERN CAPITAL MANAGEMENT, INC.

NORTHERN CAPITAL MANAGEMENT, INC.

$281,418,531
  • A percentage of assets under your management
  • Hourly charges
  • Fixed fees (other than subscription fees)
N/A
8
602
Yes
79
6
  • Financial planning services
  • Selection of other advisers (including private fund managers)
  • Publication of periodicals or newsletters
  • Educational seminars/workshops
Address

2700 SOUTH SOUTHEAST BOULEVARD SUITE 205 SPOKANE WA, 99223-4984

Phone number

509-456-2526

Best For
High Net Worth Individuals

Best Portfolio Analysis: Personal Capital

Personal Capital’s free app keeps you connected to your finances by displaying your net worth, investment portfolio metrics, credit indicators, loan balances and cash reserves. It also displays your IRA and 401(k) balances. As one of its unique features, the app connects you to its registered Financial Advisors by phone, chat, webinars or email. 

Personal Capital protects its clients from downside risks using a signature Smart Weighting system. You only pay when you enroll in Personal Capital’s investment services. The fee for the services is 0.89% for the first $1 million you invest.

Best for Investment Management at Any Life Stage: Vorpahl Wing Securities 

Vorpahl Wing Securities is an investment advisory firm, a full-service broker-dealer and an insurance agency. The Vorpahl team prides itself on providing financial guidance for customers at any stage in life, whether you’re a new college graduate or on the brink of retirement.

Since Vorpahi doesn’t rely on 3rd-party brokers, you will avoid trading fees and conflicting policies. This is particularly important if your assets are security-based. The firm’s fees start at 2% annually for the first $250,000. 

Claim Profile

Reach out to our team to improve your companies visibilty

VORPAHL WING SECURITIES, INC.

VORPAHL WING SECURITIES, INC.

$30,000,000
  • A percentage of assets under your management
  • Hourly charges
  • Fixed fees (other than subscription fees)
  • Other
N/A
4
N/A
No
53
6
  • Financial planning services
  • Selection of other advisers (including private fund managers)
Address

421 W. RIVERSIDE SUITE 1020 SPOKANE WA, 99201

Phone number

509-747-1749

Best for All-Around Advisor: Quantum Financial Planning Services

Quantum Financial Planning Service’s 41-year history has earned it a well-deserved reputation. The financial advisors at Quantum Financial Planning Services understand you want to live well in the present and prepare for your future. They want to show you the smart decisions you can make today to make your tomorrow more financially secure. To this end, Quantum offers wealth management, risk assessment, estate planning and cash flow guidance. 

Quantum’s minimum annual fee is $2,500 for total assets under $250,000 and its financial planning fee ranges from $75 to $250 per hour.

Claim Profile

Reach out to our team to improve your companies visibilty

QUANTUM FINANCIAL PLANNING SERVICES, INC.

QUANTUM FINANCIAL PLANNING SERVICES, INC.

$316,915,616
  • A percentage of assets under your management
  • Hourly charges
  • Fixed fees (other than subscription fees)
N/A
5
443
Yes
35
8
  • Financial planning services
Address

1212 N WASHINGTON ST SUITE 220 SPOKANE WA, 99201-2400

Phone number

509-328-6653

Frequently Asked Questions

Q: What certification should my financial planner have?

A: Your planner can be a Certified Financial Planner (CFP), Certified Financial Analyst (CFA) or a Personal Financial Specialist (PSF). All of these professionals must earn their certifications through standardized coursework and exams. 

Q: How can I research the background of my financial advisor?  

A: Start your financial advisor background check by visiting investor.gov and click to the Security Exchange Commission’s Investment Advisor Public Disclosure website (IAPD). On the IAPD website, you’ll find your financial advisor’s registration number, background information, assets under management, fee structure, criminal history, disclosures and conflicts of interest. You can also access the BrokerCheck database of the Financial Industry Regulatory Authority (FINRA) website.

Q: Can financial advisors help mitigate debt?

A: Financial advisors can help you come up with a plan to get rid of debt. They can evaluate your current financial status and develop a plan to get you back on track.

Move Ahead with a Financial Advisor in Spokane

Trusting your finances with a stranger can be unsettling — you want to make the right choice. The financial advisors on our list are registered by the SEC, appropriate credentials and excellent track records. 

Methodology

To determine the top financial advisors in Spokane, we pored through all SEC-registered advisory firms who have an office in Spokane. 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.