Are you looking for a professional financial advisor in Mesa? A lot of people like you in Arizona keep on searching “best wealth advisors near me” on Google and we can understand why this is so.
Hiring a financial advisor is an important decision because you are trusting a firm or an individual within a firm with your money. Nobody will ever want to go wrong with protecting their money and investing it for wealth accumulation or retirement.
So, how can you ensure that you are trusting the right person with your money? How to gather the right knowledge about the fee structure of financial advisors to understand how it will affect your savings or retirement plan in the long run?
Why Do You Need Financial Advice?
There are a lot of options available for financial advisors when it comes to investing your money. Whether you are in the transition phase, just starting your business, or looking for a risk-free retirement plan, you need a sound strategy to do so.
That’s why a lot of people seek the advice of Mesa financial planners to navigate smoothly through sudden events of life like marriage, divorce, childbirth, quitting a job, switching a job, or shifting towards entrepreneurship.
Besides that, if you are in the phase of selling your business, it often results in needing an entirely different approach. During this process, you need a good business broker and financial planner to help you make the best choices.
Thus, every stage of your life demands a new approach to saving, investing, and planning your money. It entirely depends on your circumstances.
Let’s say a person begins investing money at the age of 21, his/her needs and approach to investment will be different than a person who starts this process at the age of 60.
Yes, we cannot deny that there are a lot of factors to consider when it comes to investing. This includes your approach, how strong the investment portfolio is, and the present income of an individual. But, above all these factors, the chance of your success or failure majorly depends on the financial planner you hire.
Your financial strength in the long term depends on the political climate, the state of your country’s economy, and how your financial planner takes you through the ups and downs of the market.
How Can You Accomplish Financial Planning
There are many different ways to accomplish financial planning. The two major ones are:
1. Signing up with an online do-it-yourself investment company
When you choose an online do-it-yourself firm, it allows you to handle everything without any human advice. This option comes with a lower cost or price. It’s because no human being is involved in doing research or making transactions in the investment.
2. Hiring a financial advisor
Just like hiring a Mesa CPA, hiring your own wealth manager or financial planner comes with higher costs but with lucrative results.
Financial analysts say that you can expect 2% to 4% better results when you work with a financial planner as compared to handling it all alone.
Payment Structures of Mesa Financial Advisors
It’s true that involving a financial planner in wealth management to get greater returns comes at a higher cost. So, you must first analyze if it will work in your favor or not.
To get a better understanding of this, learn how Mesa financial advisors make money. It will help you analyze how they work to make you money.
The most commonly used payment structures when hiring financial advisors in Mesa are:
- Hourly: The investor is charged for time use on his behalf, regardless of assets.
- Retainer: A scheduled fee (usually monthly or annual) makes the Financial Advisor available, on-call for the advisory services the retainer covers.
- Flat fees: A set price for financial planning and asset management services. The fees have nothing to do with the amount of the investor’s account, big or small. It’s like ordering off a menu of services.
- Commission: The financial advisor receives a percentage of the money spent buying high-performing investments, usually charged per transaction.
- Asset management: The investor is charged a fee based on how much money is invested and fees usually are paid directly from the investor’s account.
Which Payment Structure is Best?
In order to make the best choice, know that a conflict of interest can arise if you go with the wrong structure that does not meet your needs.
For example, if a financial advisor charges an hourly fee and is less concerned about helping you make more money, that person is more likely to spend time on another account. When they make more money, more investments and assets grow in an Asset Management account.
Besides that, financial advisors in Mesa can transfer money unnecessarily if they get a flat fee per transaction.
So, in our view, choosing the commission-based fee structure can boost results. It involves taking a portion of the growth of the investment.
How to Choose the Right Financial Advisor in Mesa
How can you analyze that the financial advisors in Mesa are not suggesting you make investments that suit their interests more than yours?
The best way to understand this is to ask your potential financial planner, “Do you have a fiduciary responsibility to my investments?”
If the financial planner is licensed, he/she will be bound by ethics and regulations to must first invest in your best interest even if they do not benefit from it.
On the other hand, if a financial planner does not take fiduciary seriously, he/she could lead you to a riskier path. However, this path can also end up with a higher payoff. Nobody knows.
So, it’s hard to determine which choice is the best. It truly depends on your situation. You can try both options and decide later which one works best for you.
The safer side? Have a meeting with your potential financial planner first and get to know him/her. Make sure you feel comfortable with the plan they have created for you. It should be tailored to the results you want to achieve.
10 Best Financial Advisors in Mesa
Here is the list of the top 10 best financial advisors in Mesa for you. We have done detailed research and selected these companies based on their reviews, experience, ratings, and professional services. Have a look:
1. Ridgeline Private Wealth
Ridgeline Private Wealth is an investment management firm specializing in serving legacy-minded business owner families with a net worth of $2M or more. Its focus is on providing personalized financial planning and investment management services to help client’s grow and multiply their wealth.
At Ridgeline Private Wealth, the staff understands that business owners often miss out on wealth potential because they don’t have the time or resources to research individual tax and investment ideas. Its team of experienced financial advisors takes the time to understand each client’s specific financial goals, developing specialized strategies to reduce taxes and invest wisely so they can build wealth confidently.
With a proven track record of guiding hundreds of families to make wise money decisions, Ridgeline Private Wealth is dedicated to helping clients achieve their financial goals and secure their future. Whether it’s retirement planning, insurance planning, estate conservation, or investment planning, the firm offers comprehensive financial services to meet each client’s unique needs.
Ridgeline Private Wealth
2929 N Power Rd Ste 101,
Mesa, AZ 85215
2. Klein Financial LLC
Klein Financial LLC is a full-service financial firm with a mission to help individuals and business owners pursue their financial goals. It offers a wide range of financial products and services. The firm is committed to getting to know and understand each client’s unique needs, wants, and long-term goals and to help develop and implement a customized strategy to meet those goals.
With a focus on personal finance challenges such as managing debt, saving for college, and preparing for retirement, Klein Financial LLC is dedicated to using all of its resources to help clients achieve their financial aspirations.
Klein Financial LLC understands families’ challenges in today’s fast-paced world and is dedicated to providing valuable financial information to help clients make informed decisions. Whether through life insurance, disability insurance, long-term care insurance, health insurance, retirement plans, college savings plans, annuities, mutual funds, wealth management, budgeting, or estate planning, Klein Financial LLC is focused on the satisfaction of each and every client.
Klein Financial LLC
4824 East Baseline Road Suite 108
Mesa, AZ 85206
Phone: (480) 981-1333
3. Solomon CPAs & Financial Services
Solomon CPAs and Financial Services is a comprehensive financial organization that focuses on helping individuals and families prepare for their financial future with confidence and peace of mind.
Its team of experienced professionals has a combined wealth of knowledge and expertise in tax planning, investments, financial services, and insurance. They are dedicated to working with clients through all stages of their lives, providing guidance and support to help them achieve their financial objectives.
At Solomon CPAs and Financial Services, every member believes in taking a holistic approach to financial planning. Whether a client is looking to prepare for retirement, save for college, or plan an estate, its team is here to help.
Solomon CPAs & Financial Services
7254 East Southern Ave. Suite 103
Mesa, AZ 85209
4. DecisionPoint Financial
Decision Point Financial is a Fee-Only Financial Planning and Fiduciary Investment Management firm committed to helping clients make informed financial decisions at every stage of their lives. With a focus on the big picture, the company takes a comprehensive approach to financial planning that includes analysis of a client’s investments, taxes, retirement, businesses, estate planning, life insurance, gifting, and more.
The firm is committed to simplifying the complex nature of building wealth. While investment management is a critical component of their services, Decision Point Financial goes beyond that to offer a range of financial planning and behavioral finance solutions to meet their client’s unique and complex needs.
The company is dedicated to providing high-quality financial planning services, focusing on three key areas: financial planning, investment management, and behavioral finance. In addition, the firm also offers 401(k) plans and specialized services for fire service families.
2812 N. Norwalk, Suite 116
Mesa, Arizona 85215
5. Fleming Financial Services
Fleming Financial Services is a trusted provider of comprehensive financial planning solutions focused on helping clients achieve “peace of mind.” With over 25 years of experience in the financial services industry and a team of certified financial planners, the company offers a wealth of expertise to help clients successfully navigate their retirement.
At Fleming Financial Services, clients receive a personalized financial roadmap explicitly designed for their goals, objectives, and needs. The 5-Step Road Map includes an in-depth analysis of a client’s current economic life. It covers essential items that may affect their financial security, such as tax reduction strategies, investment recommendations, and asset protection strategies.
As fiduciaries, the team takes responsibility seriously and strives to provide clear, concise, and practical financial planning solutions. Fleming Financial Services offers various financial planning services, including income planning, investment planning, tax planning, health care planning, and legacy planning.
Fleming Financial Services
4702 E Southern Ave.,
Mesa, AZ 85206
Phone: (480) 632-8770
6. Security First Financial
Security First Financial is a financial advisory firm serving the greater East Valley area of Phoenix, Arizona, since 2013. Its mission is to help clients work towards their financial goals and bring them peace of mind in retirement.
The team at Security First Financial is experienced and knowledgeable in various aspects of financial planning, including retirement income planning, social security maximization, estate and legacy planning, and long-term care planning.
Whether you are looking to plan for retirement or want to maximize your social security benefits, the team at Security First Financial is here to help every step of the way. They take their responsibility as financial advisors seriously and are dedicated to providing clear, written guidance and investment advice always in their client’s best interests.
Security First Financial
1234 S Power Rd., Ste. #101
Mesa, AZ 85206
Galloway is a financial planning and retirement solutions provider focusing on serving the specific needs of Police, Fire, Government Employees and their families and friends. With a commitment to providing peace of mind and financial security, Galloway offers a comprehensive range of services to help clients achieve their retirement goals.
One of the critical services Galloway offers is retirement planning, which helps clients stay focused on their goals and plan for a successful retirement. The company also has extensive experience with DROP accounts and can provide expert advice on making the most of these accounts.
Galloway provides the best options for those feeling overwhelmed by Deferred Compensation based on each client’s unique situation. The company also offers Pension Maximization strategies, investment management, and financial planning guidance to help clients reach their financial goals. In addition to its core services, Galloway provides survivor assistance, training, education programs, and benefit guidance to maximize benefits for clients and their families.
1138 N Alma School Road, #201
Mesa, AZ 85201
8. Ensign Wealth Management
Ensign Wealth Management is a financial advisory firm that provides individuals with customized retirement planning and wealth management solutions. With a focus on helping clients work toward their desired retirement, the team at Ensign Wealth Management is dedicated to providing personalized guidance and support to achieve financial independence.
The firm’s founder, Chad Ensign, is a Retirement Income Certified Professional (RICP) and Investment Adviser Representative with extensive experience in helping clients create and maintain a successful retirement income strategy. He has built a team of advisors who share his commitment to providing clients with the knowledge and resources they need to achieve their financial goals.
It offers a range of insurance and investment products, including annuities, life insurance, and long-term care strategies, to help clients build a strategy that supports their retirement lifestyle and long-term financial goals. In addition to retirement income planning, the firm also provides wealth management and investment services, asset protection strategies, tax-efficient strategies, IRA legacy planning, and 401(k) rollovers.
Ensign Wealth Management
4447 E. Broadway, Suite 101
Mesa, AZ 85206
9. Sterling Group United
Sterling Group United is a top-notch financial advisory firm committed to providing genuine advice and financial security to everyday American families. Founded by Lance Vennard, a Top Gun-honored Air Force Captain and financial industry thought leader, Sterling Group United stands for excellence and untarnished advice, much like sterling silver.
The company offers various financial planning services, including money management, retirement planning, investment management, business planning, institutional services, estate planning and asset protection, insurance plans, and annuities.
Sterling Group United’s comprehensive financial plans are unlike any other, as they leverage alternative investments, money management, and insurance to offer a unique investment experience. As a family-owned business, the company values flexibility and strives to stay nimble, allowing them to provide personalized guidance and modern portfolio theory to clients at all levels of investing.
Sterling Group United
2500 S Power Rd. Bldg 7, Ste 217
Mesa, AZ 85209
10. Cradlestone Wealth Company
Cradlestone Wealth Services is committed to helping clients achieve their financial goals through personalized and practical financial planning. As a family-owned and operated practice in Mesa, its team of experts has over 50 years of combined experience guiding people toward financial security.
Its comprehensive financial planning services cover a range of areas, including retirement income planning, insurance, college savings, investments, wealth management, legacy planning, risk management, tax planning, and social security optimization.
For business owners, Cradlestone Wealth Services offer personalized wealth and investment management, business sales and valuations, retirement plans, risk management, banking and lending solutions, insurance and annuities, estate planning, charitable giving, and cash management.
Cradlestone Wealth Company
3654 N Power Rd 144
Mesa, AZ 85215
Phone: (602) 649-4312
The team providing this Top Ten financial advisors in Mesa list believes smart people make smart decisions because they educate themselves on the choices they are preparing to make.
We hope we’ve helped you become smarter about choosing a financial advisor that meets your unique and specific needs.
We try to provide readers with up-to-date information that will help them make those good decisions for hiring financial advisors in Mesa. We hope you’ve enjoyed reading the information we’ve provided and learned about some of the choices for Financial Advisors in the Mesa area.
No content is intended to constitute professional advice. This content is not responsible or liable for any consequences relating directly or indirectly to any action you take or fail to take based on the information provided. It is very important to do your own analysis, based on your own personal circumstances, before making any investment.
Consult with your own investment, financial, tax, and legal advisers. Readers agree to indemnify and hold harmless the providers of this information, from and against any and all liability, losses, claims, demands, disputes, damages, or costs of any kind.
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