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Top 10 Best Financial Advisors in Norfolk , Nebraska

Best Financial Advisors in Norfolk, Nebraska

Are you looking for expert financial advisors in Norfolk? Many people in Nebraska often search for queries like “top financial advisors near me” online. We fully understand why these residents would do this.

Choosing a financial advisor is crucial because you entrust a person or a company with your assets. You’d want to make the right choice to safeguard your money so you can use it to build wealth or prepare for retirement.

This raises the question—how can you be sure that the right hands manage your finances? How can you learn about the fees charged by Norfolk financial advisors and understand how these might affect your savings or retirement plans over time?

When Should You Seek Financial Advice?

Making wise choices is key to reaching your financial goals. While some may manage their finances independently, certain situations might warrant the expertise of a financial planner in Norfolk.

Complex Financial Situations: If your financial life has grown complicated, a financial advisor can help simplify and strategize, catering to your unique needs.

Lack of Time or Expertise: With the demands of work, family, and personal life, managing your finances might take a backseat. A Norfolk wealth advisor can take over tasks like managing your portfolio, exploring investment options, and keeping up with market trends. This naturally allows you to concentrate on and enrich other areas of your life.

Long-Term Goals: For goals like saving for retirement, funding education, or preparing for significant life events, a wealth advisor in Norfolk can outline a strategy to help you achieve them.

Investment Guidance: If you’re new to investing or unsure about your decisions, a financial advisor can evaluate your risk tolerance, suggest appropriate investments, and keep your portfolio aligned with your goals.

Major Financial Transitions: Life changes like marriage, divorce, receiving an inheritance, or starting a business introduce complex financial challenges. A financial planner in Norfolk can provide unbiased advice during these times. This aids you in making well-informed choices and overcoming obstacles.

In these scenarios, hiring a financial advisor can bring comfort and enhance your financial success. It might be beneficial to consult with a reputable financial advisor to discuss your specific needs and how they can assist you on your financial path.

Financial Planning: Choosing the Optimal Path

Creating a strong financial plan is essential for sustained financial security. Consider these approaches in Norfolk, Nebraska:

1.   Use self-directed online platforms.

Take charge of your financial destiny by using online platforms that allow you to manage your investments by yourself. This method can be more cost-effective as it removes the middlemen from the process.

2.   Seek advice from a financial advisor in Norfolk.

Hiring a personal financial planner or wealth manager can be beneficial, despite the costs involved. Studies indicate that working with a financial advisor could improve long-term portfolio returns by 1.5% to 4%.

Payment Methods of Financial Planners in Norfolk

It’s important to have an understanding of payment models when selecting a financial advisor in Norfolk.

Here are the commonly used fee structures:

Hourly Fee: For this payment structure, clients pay based on the amount of time the advisor spends on their financial issues, regardless of the value of their assets.

Retainer Fee: Norfolk financial planners can charge a set monthly or annual fee, which ensures their availability for the advisory services included in the retainer.

Flat Fees: These are fixed charges that cover both financial planning and asset management services. They don’t vary with the size of the client’s account.

Commission-Based: In this type of payment structure, Norfolk wealth advisors earn a percentage of the money spent when they buy high-performing investments for their clients, typically charged per transaction.

Asset Management Fee: This fee is calculated as a percentage of the total assets under management, directly deducted from the client’s account.

Determining the Best Payment Structure: Which One Should You Choose?

When choosing a payment structure for your financial advisor in Norfolk, Nebraska, it’s essential to consider any potential conflicts of interest. Selecting the wrong payment model can adversely impact your financial health.

Typically, a commission-based fee structure might be more beneficial. In this model, the financial advisor earns a portion of the investment’s growth, which motivates them to focus on your financial success.

It’s important to pick a payment model that matches your financial goals and ensures that your advisor’s incentives are in line with your best interests.

7 Important Factors When Selecting a Norfolk Wealth Advisor

When choosing a financial advisor, consider several key factors to ensure they meet your financial objectives and preferences.

Here are the main aspects to focus on:

1. Qualifications and Credentials

Look for advisors with significant credentials like Certified Financial Planner (CFP) or Chartered Financial Analyst (CFA). These qualifications show that your potential wealth advisor in Norfolk has a high level of expertise and commitment to professional standards.

2. History and Experience

Assess the advisor’s experience and track record. Learn about how long they have been in practice and what their specific areas of expertise are.

3. Services Offered

Check the variety of services the advisor provides, such as comprehensive financial planning, investment management, or retirement planning. Confirm that these services match your financial needs.

4. Fiduciary Duty

Ensure that the financial advisor has a fiduciary duty. This indicates that they’re legally and ethically required to put your interests ahead of their own.

5. Clientele and Referrals

The Norfolk financial advisor’s client base and feedback should give you a better sense of its reputation and effectiveness.

6. Fee Structure

Understand how the advisor is compensated, whether it’s through a percentage of assets managed, a flat fee, or hourly rates. It’s important to be comfortable with the fee structure as it can affect your investment returns. You should also ensure that the advisor is transparent and that there are no hidden fees involved.

7. Personal Connection

Arrange an initial meeting with potential Norfolk financial planners to determine if you communicate well and have a good rapport. This is essential for a successful advisory relationship.

Keep these factors in mind as you search for the best financial advisor in Norfolk, Nebraska to partner with for your financial success. Choose carefully, as your financial future hinges on this decision.

10 Best Financial Advisors in Norfolk, Nebraska

Explore the top advisors in Norfolk who are dedicated to leading you toward financial success. These advisors are known for their extensive expertise, commitment to exceptional service, and a strong reputation for delivering reliable financial advice. Let’s get started.

1. CalmWater Financial Group

editors choice

CalmWater Financial Group is an independent financial planning firm in Norfolk committed to demystifying your financial world. The team at CalmWater places you and your family at the forefront of their priorities. As Fiduciary Asset Managers, they’re legally bound to prioritize your interests.

The firm stands out for its personalized approach, offering a broad array of unbiased, non-proprietary financial solutions. Its promise is encapsulated in their equation: Credible Knowledge + Trusted Service = Financial Confidence. This reflects their dedication to providing clear, accurate information and reliable service that fosters long-term confidence among clients.

CalmWater Financial Group offers a comprehensive suite of services, from Social Security to long-term care planning, each designed to enhance the financial clarity and security of their clients. The company is not just about managing assets; it’s about building enduring partnerships to simplify and strengthen your financial future.

CalmWater Financial Group
3204 West Benjamin Avenue, Suite 200
Norfolk, NE 68701
Phone: (402) 371-5511
calmwaterfinancial.com

2. Insight Financial Planning

Insight Financial Planning, based in Norfolk, Nebraska, prioritizes the well-being of its clients. The firm recognizes the importance of forming a relationship with a knowledgeable and professional advisor.

Founded in 2011 by Dan Goeken and later joined by Tyler Hefner and Jeb Nordby, the team at Insight Financial Planning brings over 40 years of combined experience to their practice. They focus on building long-term relationships with clients, guiding them through various life stages with sound financial decisions. This is what makes the firm one of the best financial advisory firms in Norfolk.

Insight Financial Planning offers a holistic suite of services including financial, investment, tax, estate, retirement, protection planning, and cash flow management. The firm’s approach involves integrating various aspects of a client’s financial desires and needs into a single, customized plan.

The core values of Insight Financial Planning—Integrity, Education, Service, and Value—define their approach. It ensures that client interests always come first, steering clear of conflicts and embracing transparency and accountability.

Insight Financial Planning
1303 Andrews Drive # A
Norfolk, NE 68701
Phone: (402) 371-2211
insightfp.net

3. Heritage Financial Services

Heritage Financial Services is a wealth advisor in Norfolk committed to offering personalized investment management and strategic wealth planning that aligns perfectly with your individual needs. The firm prides itself on being a trusted resource for its clients, focusing on understanding your goals and developing a clear strategy to achieve them.

Heritage Financial Services manages assets for individuals and families, providing comprehensive services in investment management, financial planning, and insurance. It recognizes that most financial decisions, such as buying a home, choosing workplace benefits, or investing, are often made sequentially without considering their cumulative impact on one another, or without reflecting on what truly matters to you and your family.

The process implemented by Heritage Financial Services is designed to create a secure financial strategy that not only meets immediate needs but also prepares for the future in a tax-efficient way.

Heritage Financial Services
314 North 5th Street #400
Norfolk, NE 68701
Phone: (402) 379-1811
heritagefinservices.com

4. Sundance Investments

Sundance Investments stands as a beacon of trust in financial planning and investment management in Norfolk, Nebraska. The firm believes that hard work, discipline, integrity, and patience are essential to cultivating a robust financial portfolio.

At Sundance Investments, the goal is to help you clearly define your financial objectives, guide you along a strategic roadmap for your financial future, and establish a strong, trust-based relationship that lasts. The wealth advisors here are committed to maximizing the potential of your investments to help you progress toward your goals.

Services provided by Sundance Investments include tax planning, investment management, retirement strategies, estate conservation, and insurance and annuity products. They also offer convenient services like Remote Check Deposit, which allows for quick fund availability by simply photographing and uploading checks directly into your account. Working with this firm, you receive a personalized financial program crafted just for you, providing clarity and confidence in your financial decisions in today’s complex world.

Sundance Investments
100 North 34th Street
Norfolk, NE 68701
Phone: (402) 371-4262
sundanceinvest.com

5. Foundation Wealth Advisors

Foundation Wealth Advisors is a distinguished private wealth advisory practice of Ameriprise Financial Services. This financial advisory team in Norfolk is deeply committed to helping clients meet their financial objectives through a comprehensive array of services.

Their focus areas include retirement planning strategies, investment management, retirement income strategies, retirement plan distribution, tax planning strategies, and more.

Foundation Wealth Advisors has been recognized for their exceptional client service, receiving the Ameriprise Client Experience Award in 2020 and 2021. Darrin P. Deichmann, a notable member of the team, was listed among AdvisorHub’s Fast Growing Advisors to Watch in 2022. Additionally, the team was honored as one of Forbes Best-in-State Wealth Management Teams in 2023 and 2024.

Each team member contributes their unique skills and strengths, working collaboratively to ensure that clients like you feel more confident, connected, and in control of your financial future.

Foundation Wealth Advisors
208 North 5th Street, Suite A
Norfolk, NE 68701
Phone: (402) 371-1074
ameripriseadvisors.com/foundation-wealth-advisors

6. J. Hansen Wealth Strategies

J. Hansen Wealth Strategies is a trusted financial planner and wealth management firm in Norfolk. With a keen focus on the unique financial goals of each client, it crafts sophisticated strategies to navigate the often complex financial landscape.

The firm excels in creating a personalized experience that goes beyond mere return chasing. It aligns comprehensive plans with specific investment needs, ensuring that every strategy is not only about growth but about aligning with the client’s vision for the future.

Whether for individuals with personal and family aspirations or professionals responsible for organizational financial goals, J. Hansen Wealth Strategies offers a wide range of services including financial planning, investment strategies, retirement planning, and more.

Their approach is hands-on, working closely with clients and their other advisors to choose and tailor services that best meet their needs. The team always keeps a keen eye on risk tolerance and long-term objectives.

J. Hansen Wealth Strategies
1010 Riverside Boulevard, Suite A
Norfolk, NE 68701
Phone: (402) 316-7826
raymondjames.com/jhansenwealthstrategies

7. Farm Bureau Financial Services

Farm Bureau Financial Services takes a comprehensive team approach to financial planning in Norfolk, Nebraska. This approach ensures that clients benefit from a wealth of experience that exceeds what any single advisor might offer.

At Farm Bureau Financial Services, clients are the top priority, and the firm is dedicated to understanding each individual’s unique situation to create a personalized financial roadmap.

It combines a large organization’s extensive resources with a small firm’s personalized touch. With decades of combined experience, the team of experts is committed to developing innovative financial strategies.

The firm’s services range from education and financial planning to investment strategies, longevity planning, portfolio management, retirement planning, risk management, and sustainable investing.

Whether you’re aiming for a secure retirement or planning to leave a legacy, Farm Bureau Financial Services offers a sound process that leads to practical, personalized recommendations.

Farm Bureau Financial Services
504 North 13th Street
Norfolk, NE 68701
Phone: (402) 379-3237
fbfs.com

8. Elkhorn Valley Investments

Elkhorn Valley Investments redefines wealth management in Norfolk by focusing on setting achievable goals and crafting strategies to pursue them. This personalized approach ensures solutions align with your objectives, risk tolerance, and investment timeline. As fiduciaries, their commitment is always to put your interests first.

The services offered by Elkhorn Valley Investments include traditional & Roth IRAs, investment management, retirement savings rollovers, insurance and estate planning, financial planning, and more.

Recognizing that goals evolve, the firm maintains open communication to ensure strategies stay aligned with your changing needs. The team builds diversified multi-asset class portfolios tailored to each client, and they review existing holdings to optimize transitions in a tax-efficient manner.

Elkhorn Valley Investments stands out not only for its comprehensive financial services but also for its commitment to personal care. Clients receive detailed quarterly reports, proactive communication, and the assurance of support regardless of market conditions.

Elkhorn Valley Investments
404 South 25th Street
Norfolk, NE 68701
Phone: (402) 371-0722
elkhorn-valley-investments

9. McMill CPAs & Advisors

McMill CPAs & Advisors has been a trusted family of financial experts in Norfolk since 1948. This seasoned team manages both personal and business tax, accounting, and financial affairs with a depth of knowledge and experience.

Specializing in wealth management, McMill CPAs & Advisors offers more than just investment advice. The firm provides comprehensive financial planning services that cover budgeting, taxes, insurance, mortgages, trusts, wills, and more. This holistic approach is ideal for those seeking a wealth manager who can oversee the entire financial picture rather than just investments.

As independent, fee-only wealth managers, the firm focus on passive asset class management, structuring portfolios to be tax-efficient.

McMill Wealth is a Registered Investment Advisor with the SEC and adheres to a fiduciary standard, mandated by federal and state law. Whether you’re looking for strategic investment management or comprehensive financial guidance, McMill CPAs & Advisors stands ready to assist with your unique financial needs.

McMill CPAs & Advisors
125 S 4th Street
Norfolk, NE 68701
Phone: (402) 371-1160
mcmill.info

10. Adam Olson CFP​® – Mutual of Omaha Financial Advisor

Adam Olson, a Certified Financial Planner in Norfolk, Nebraska, is deeply committed to educating his clients on all aspects of personal finance. His dedication extends beyond individual consultations to authoring several books on financial topics.

With a team of specialists, Adam Olson offers comprehensive financial services, including financial planning, investment management, and various insurance options, such as life, health, home, and auto insurance. His expertise also covers specific areas like Medicare Supplement Insurance, Disability Income Insurance, Annuities, Financial Education, Dental Insurance, Life Insurance, Long-Term Care Insurance, and insurance for critical illnesses. Additionally, he provides tailored solutions for small businesses.

Operating under Mutual of Omaha, a company with a storied history since 1909, Adam Olson embraces the mutual company ethos—prioritizing the needs of policyholders over Wall Street interests.

This client-first approach is the cornerstone of his practice and is reflective of Mutual of Omaha’s long-standing commitment to listening to its customers, a principle that has attracted clients for over a century.

Adam Olson CFP​®- Mutual of Omaha Financial Advisor
2006 Market Lane
Norfolk, NE 68701
Phone: (402) 379-6745
mutualofomaha.com/agents/ne/norfolk/adam-olson

Note:

The team behind this list of the top 10 wealth advisors in Norfolk, Nebraska, believes that well-informed individuals make wise decisions by educating themselves about their upcoming choices. We hope this article has helped you make a more informed choice about selecting a financial advisor that suits your unique needs.

We aim to provide our readers with up-to-date information to assist them in making sound decisions when choosing financial advisors in Norfolk. We hope you have found the content informative and helpful as you explore your options in the area.

Please note that this content is not intended to provide professional advice and should not be solely relied upon for making investment decisions. It is crucial to conduct your own research and consider your personal circumstances before making any investment.

We recommend consulting your own investment, financial, tax, and legal advisors. By using this information, readers agree to indemnify and hold harmless the providers of this content from any liability, losses, claims, demands, disputes, damages, or costs of any kind that may arise.

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