Best Financial Advisors in Vancouver, Washington Near You:
- Best for Value-Based Wealth Management: First Pacific Financial
- Best Robo-Advisor: M1 Finance
- Best Portfolio Analysis: Personal Capital
- Best for Life Stage Financial Planning: Fort Vancouver Investment Management
Vancouver, Washington, is a rapidly developing city, seeing sustained economic growth and development since the 2008 recession. As our wealth grows, many of us find ourselves in need of professional guidance. But finding a good financial advisor can be tough if you don’t know where to start. Use Benzinga’s list to start looking for a financial advisor in Vancouver, Washington, that will help you reach your financial goals.
Best for Value-Based Wealth Management: First Pacific Financial
First Pacific Financial is a fee-only fiduciary with offices in Vancouver, Washington, and Portland, Oregon. The firm’s advisory services include financial planning, consulting and investment management.
First Pacific Financial believes your personal financial plan should reflect your personal values. The firm builds your wealth management and investment strategy around what’s most important to you. This can include focusing on socially responsible investments when allocating assets. Or it can mean seamlessly integrating your financial management in a way that meets all of your personal needs.
The firm works with individuals, pension and profit sharing plans, trusts, estates and charitable organizations. However, First Pacific Financial says certain types of clients will benefit most from its wealth management. These include physicians, small business owners, 401(k) plan sponsors, families planning for wealth transfer and early career professionals.
- Customizable Auto Investing
Best Robo-Advisor: M1 Finance
M1 Finance is an automated investment manager. While not a financial planner in the traditional sense, M1 handles the trading for you while you helm the strategy. If you’re a newer investor, use M1’s educational resources to guide you.
Driven by “the Pie,” your custom portfolio mix, M1 uses dynamic rebalancing and fractional shares. These tools ensure every dime you invest works toward your bottom line. You can build your own custom pie. Or, choose from more than 80 expertly composed portfolio mixes.
There are 2 membership levels, M1 Basic and M1 Plus. M1 Basic is free to use. There are no trading commissions and no management fees. M1 Plus costs $125 annually, but has the added benefit of an additional afternoon trading window. This gives you further control over strategizing your investments.
- High Net Worth Individuals
Best Portfolio Analysis: Personal Capital
Personal Capital offers advisory services to those who can keep at least $100,000 in AUM. The platform also has a wonderful set of financial tools, which are free to use to any client. You can use these tools to gain a holistic view of your finances and manage your money.
Personal Capital advisors services include comprehensive financial planning and investment management. It is an online advising platform but has a team of human advisors. A balance between $100,000 and $200,000 nets you access to its investment services. These include an expertly managed portfolio and access to the advisory team.
Comprehensive wealth management is available to those with balances above $200,000 and under $1 million. You’ll have professional guidance of 2 dedicated advisors at this tier.
Wealth Investment management fees range from 0.89% to 0.49% of AUM depending on your balance. If you want to use a robo-advisor to manage larger amounts of capital, Personal Capital is a great choice.
Best for Life Stage Financial Planning: Fort Vancouver Investment Management
Fort Vancouver Investment Management (FVIM) is a fee-only fiduciary advising clients in Washington, California, and Oregon. The firm focuses on protecting your wealth from risk through every life stage. They do this by proactively planning for various life changes long before they occur. This insinuates your wealth from both market and personal volatility.
With FVIM, you will be advised by a team, not an individual. This guarantees multiple eyes on making the best choices for your money.
After a free consultation, your advisory team will consider several factors to create a custom-fit wealth management plan. Considerations in the management of your assets include your cash flow, risk tolerance, tax reduction, structuring of assets and portfolio rebalancing.
Fees range from 0.50% to 1.10% of AUM. FVIM doesn’t receive compensation for recommending certain financial products. This means the firm keeps your best interests central to your investment strategy without bias toward particular investments.
Frequently Asked Questions
Which certifications should my financial planner have?
If your financial planner is a certified financial planner (CFP®), certified public accountant (CPA) or chartered financial analyst (CFA), they are considered certified to handle finances effectively.
A CFP® is the most comprehensive certification. A CFA specializes in investment and financial analysis. A CPA specializes in accounting and tax planning.
What’s the difference between financial planning and retirement planning?
Financial planning focuses on the earning stage, how to best grow your wealth and comprehensive, integrated financial strategy. Retirement planning helps ensure financial stability after you stop earning income. Retirement planning is typically a facet of comprehensive financial planning, but you can choose to focus on it as your sole financial goal.
What return should I expect from a financial advisor?
The industry generally expects a 1.5% to 4% return by using a financial advisor. This expected rate of return depends on several factors like your personal finances and the state of the economy.
Find the Best Financial Advisor for You
Put the right foot forward to meet short- and long-term financial goals by taking advantage of professional expertise. Our list of trusted Vancouver, Washington, advisors can help you find a certified fiduciary to strategize comprehensive financial plans or effectively financially navigate life milestones, like getting married or retiring.
Methodology
To determine the top financial advisors in Vancouver, Washington, we pored through all SEC-registered advisory firms who have an office in Vancouver, Washington. 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 have over $50 million in assets under management.