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Top Financial Advisors in Philadelphia

In 2019, the Philadelphia region had 13 Fortune 500 companies headquartered there, ranking it tied for 10th out of all metropolitan statistical areas in the nation. With being such a hub for business, technology, and money, finding a financial advisor can seem like a monumental task. In reality, its this concentration that provides Philadelphians with a wide range of options in order to select the most appropriate advisor available. And for that, Benzinga has searched the area in hopes of finding you the best option possible for your life and your money.

Filter
  • $382,664,217
    238
    • Financial planning services
    • Pension consulting services
    • Selection of other advisers (including private fund managers)
  • CDR# 150144
    $1,075,054,158
    2,552
    • Financial planning services
    • Pension consulting services
  • $1,487,447,730
    183
    • Financial planning services
    • Pension consulting services
    • Selection of other advisers (including private fund managers)
  • CDR# 170914
    $406,943,009
    2,332
    • Financial planning services
    • Selection of other advisers (including private fund managers)
  • $2,003,142,096
    136
    • Financial planning services
    • Pension consulting services
    • Selection of other advisers (including private fund managers)
  • $1,409,749,887
    533
    • Financial planning services
    • Educational seminars/workshops
  • $1,002,990,620
    42
    • Financial planning services
  • $10,103,216,087
    21,943
  • $2,854,282,827
    252
  • $383,576,765
    N/A
    • Financial planning services
    • Pension consulting services
    • Selection of other advisers (including private fund managers)

To determine the top financial advisors in Philadelphia we poured through all SEC registered advisory firms who have an office in Philadelphia. 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 offered both investment management and planning, had no conflicts of interest, had offices in multiple states, have a wrap fee program and have over $50 million in assets under management.

CORDASCO FINANCIAL NETWORK, INC.

CDR# 159544
$382,664,217
238
Works with high networth individuals
  • Financial planning services
  • Pension consulting services
  • Selection of other advisers (including private fund managers)
  • A percentage of assets under your management
  • Hourly charges
  • Fixed fees (other than subscription fees)
THREE LOGAN SQUARE 1717 ARCH STREET, 39TH FLOOR
PHILADELPHIA PA, 19103
215-558-3500

Cordasco Financial Network is a registered financial advisor offering wealth management and retirement planning services. The company works with everyone from individuals to large estates, and there’s no minimum account balance required to get started. Cordasco Financial Network uses a variety of financial management strategies based on your unique goals as an investor. However, they’re also one of the only financial advisors in Philadelphia that we’ve seen use trading to help complement customer portfolios. Trading is a strategy in which the asset manager holds a security for less than 30 days. While trading can produce greater losses than long-term holds, it can also produce more profit in a shorter period of time. If you’re interested in adding frequent trades to your strategy, consider Cordasco.

$382,664,217
238
Works with high networth individuals
  • Financial planning services
  • Pension consulting services
  • Selection of other advisers (including private fund managers)
  • A percentage of assets under your management
  • Hourly charges
  • Fixed fees (other than subscription fees)

EFFICIENT ADVISORS

CDR# 150144
$1,075,054,158
2,552
Works with high networth individuals
  • Financial planning services
  • Pension consulting services
  • A percentage of assets under your management
  • Fixed fees (other than subscription fees)
1801 MARKET STREET SUITE 1010
PHILADELPHIA PA, 19103
267-613-6250

Efficient Advisors is one of the best financial advisors if you’re searching for a mix of affordable retirement planning, risk tolerance and personalized advice. Though Efficient Advisors offers a complete range of financial planning and management services, the company’s most unique offering is its “Turn-Key Asset Management” system. In the world of real estate, a “turn-key property” is one that’s in near-perfect condition and can be moved into right away. Efficient Advisors’ Turn-Key Asset Management system is an online automatic asset allocation system that gives you access to customized investment management. You’ll begin by answering a few questions about your current finances and investing goals. Efficient’s system will then select a pre-balanced “Disciplined Wealth Portfolio” and divide your funds between a select group of long-term ETFs and mutual funds.

$1,075,054,158
2,552
Works with high networth individuals
  • Financial planning services
  • Pension consulting services
  • A percentage of assets under your management
  • Fixed fees (other than subscription fees)

RTD FINANCIAL ADVISORS INC

CDR# 110744
$1,487,447,730
183
Works with high networth individuals
  • Financial planning services
  • Pension consulting services
  • Selection of other advisers (including private fund managers)
  • A percentage of assets under your management
  • Fixed fees (other than subscription fees)
30 S. 17TH STREET STE 1620
PHILADELPHIA PA, 19103
215-557-3800

RTD Financial Advisors is one of the top financial advisors in Philadelphia for high net-worth individuals. Though there is no minimum balance required to begin with RTD, most of its clients have portfolios valued at over $2 million. RTD’s primary investing strategy focuses on risk management above everything else. Your team of financial planners and advisors will use a series of indexes and your personal preferences to choose the right asset allocation for your unique goals as an investor. RTD also focuses on consistent reviews, regularly comparing your portfolio’s growth with others in your risk tolerance group to ensure that you stay on track. No matter if you’re looking for a high-growth, aggressive portfolio or a slow-and-steady route towards retirement, RTD’s associates can help you.

$1,487,447,730
183
Works with high networth individuals
  • Financial planning services
  • Pension consulting services
  • Selection of other advisers (including private fund managers)
  • A percentage of assets under your management
  • Fixed fees (other than subscription fees)

MCADAM LLC

CDR# 170914
$406,943,009
2,332
Works with high networth individuals
  • Financial planning services
  • Selection of other advisers (including private fund managers)
  • A percentage of assets under your management
  • Fixed fees (other than subscription fees)
1880 JOHN F KENNEDY BOULEVARD 16TH FLOOR
PHILADELPHIA PA, 19103
(888) 614-5323

McAdam is a financial planning and investment management service primarily focused on providing long-term investment solutions to individuals and businesses. There’s no minimum balance required to work with McAdam’s team, and the company primarily focuses on long-term and retirement investing. McAdams primary investment strategy focuses on fundamental analysis of long-term ETFs and mutual funds. This strategy helps you build a more diverse portfolio, which limits your risk. If you’re looking for assistance building a portfolio that will show slow, consistent gains over time, McAdam might be right for you.

$406,943,009
2,332
Works with high networth individuals
  • Financial planning services
  • Selection of other advisers (including private fund managers)
  • A percentage of assets under your management
  • Fixed fees (other than subscription fees)

WESCOTT FINANCIAL ADVISORY GROUP LLC

CDR# 105989
$2,003,142,096
136
Works with high networth individuals
  • Financial planning services
  • Pension consulting services
  • Selection of other advisers (including private fund managers)
  • A percentage of assets under your management
  • Hourly charges
30 SOUTH 17TH STREET
PHILADELPHIA PA, 19103-4196
215-979-1600

With over $2 billion worth of assets under management, Wescott Financial is one of the country’s largest financial planning and investment advising services. You must have a minimum of $2 million in assets under management to begin with Wescott. Wescott uses a unique blend of active and passive management to maximize your returns. The advisors at Wescott primarily focus on active value investing strategies, which aim to purchase undervalued securities for long-term positions. The company employs a full team of research specialists who perform daily stock and portfolio inspections, ensuring that you’re receiving the most personalized and up-to-date management decisions possible.

$2,003,142,096
136
Works with high networth individuals
  • Financial planning services
  • Pension consulting services
  • Selection of other advisers (including private fund managers)
  • A percentage of assets under your management
  • Hourly charges

ROFFMAN MILLER ASSOCIATES INC

CDR# 106019
$1,409,749,887
533
Works with high networth individuals
  • Financial planning services
  • Educational seminars/workshops
  • A percentage of assets under your management
1835 MARKET STREET SUITE 500
PHILADELPHIA PA, 19103
215-981-1030

Roffman Miller Associates is a financial planning and asset management company focused primarily on wealth maintenance and management. The minimum account size required to work with Roffman Miller is $800,000. One of Roffman Miller’s most impressive features is the company’s commitment to in-depth, personal research. Miller’s team doesn’t just look at stock and market data when they select assets to invest in on your behalf; the company also regularly “kicks the tires” by maintaining personal contact with corporate and fund management and leadership to learn more about the challenges they’re facing and the new projects they’re working on. Roffman Miller is one of the top financial planners when it comes to extensive and personal research.

$1,409,749,887
533
Works with high networth individuals
  • Financial planning services
  • Educational seminars/workshops
  • A percentage of assets under your management

PRUDENT MANAGEMENT ASSOCIATES

CDR# 16691
$1,002,990,620
42
Works with high networth individuals
  • Financial planning services
  • A percentage of assets under your management
1735 MARKET STREET SUITE 3902
PHILADELPHIA PA, 19103
215-994-1062

Prudent Management Associates is a financial planning and management company focused on providing services to high net-worth individuals. The minimum account balance required to work with Prudent is $1 million under most circumstances. However, most of the company’s clients have at least $10 million in assets. Prudent’s investment strategy primarily consists of selecting growth-oriented mutual funds that fit your risk tolerance. The company acts as both a consultant and an asset manager, beginning with an evaluation of both the mutual fund’s value and assets as well as the management team’s experience and strategy. If you’re primarily looking to invest in mutual funds and you have a large amount of capital, Prudent’s all-encompassing approach might be right for you.

$1,002,990,620
42
Works with high networth individuals
  • Financial planning services
  • A percentage of assets under your management

CLARK CAPITAL MANAGEMENT GROUP INC

CDR# 104796
$10,103,216,087
21,943
Works with high networth individuals
  • A percentage of assets under your management
ONE LIBERTY PLACE, 53RD FLOOR 1650 MARKET STREET
PHILADELPHIA PA, 19103
(215) 569-2224

With over 30 years of experience and over 21,000 individual clients, Clark Capital is one of Philadelphia’s most experienced asset managers. There’s no required minimum balance necessary to get started with Clark Capital, making them one of the more accessible investment advisors in Philadelphia. Clark Capital offers a massive range of investment sample portfolios customized to fit your unique needs as an investor. For example, if you’re looking to create a stream of passive income, your Clark Capital advisor may recommend their High Dividend Equity portfolio, which invests in dividend-producing stocks and REITs. Looking for regular, predictable volatility? Clark Capital’s Fixed Income Total Return model may be right for you. With more accessible advice and a portfolio for everyone, Clark Capital is one of the most prominent financial advisors.

$10,103,216,087
21,943
Works with high networth individuals
  • A percentage of assets under your management

PENN CAPITAL MANAGEMENT COMPANY, INC.

CDR# 105081
$2,854,282,827
252
Works with high networth individuals
  • A percentage of assets under your management
  • Performance-based fees
1200 INTREPID AVENUE SUITE 400
PHILADELPHIA PA, 19112
215-302-1500

Penn Capital is an asset management company primarily focused on long-term investing in mutual funds. Unlike many other competitors, Penn Capital offers investment advisory services to registered mutual fund managers, as well as individuals, corporations and charitable organizations. Penn Capital believes that financial data only tells investors a small amount of information about the overall health of the companies they trust their money with. Instead of spreading their resources between thousands of individual stocks, Penn Capital’s team focuses on understanding the complete corporate structures of mutual fund managers. This can help their team better invest in long-term holds that will increase in value as management, strategies and the overall economy continue to change.

$2,854,282,827
252
Works with high networth individuals
  • A percentage of assets under your management
  • Performance-based fees

FIDUCIARY ADVISORS, LLC

CDR# 104189
$383,576,765
N/A
Works with high networth individuals
  • Financial planning services
  • Pension consulting services
  • Selection of other advisers (including private fund managers)
  • A percentage of assets under your management
  • Hourly charges
  • Fixed fees (other than subscription fees)
  • Other
1801 MARKET STREET SUITE 1000
PHILADELPHIA PA, 19103
(267) 534-2490

Fiduciary Advisors is a registered investment advisor offering financial planning services, asset management, tax consideration, estate planning and more. While the advising service offers a host of products and services, its most unique offering is its online ManagedPlan retirement planning service. ManagedPlan is a cost-effective online program that allows you to connect and work with fiduciary advisors outside of Philadelphia. These advisors must maintain the same standards when it comes to conflicts of interest and communication as the advisors you’d meet online. You can quickly learn more about registered advisors, fees and reporting through your profile on the portal. If you’re looking for a mobile retirement investing service that moves with you, Fiduciary Advisors might be right for you.

$383,576,765
N/A
Works with high networth individuals
  • Financial planning services
  • Pension consulting services
  • Selection of other advisers (including private fund managers)
  • A percentage of assets under your management
  • Hourly charges
  • Fixed fees (other than subscription fees)
  • Other