Have Any Questions?
+1 (800) 669-6780

Financial Planners Near Me

Financial planning is an important part of any business. Many are worried about managing their investments. Are you concerned too? If you are, then I want you to understand that you’re not alone and might need the services of a professional financial planner near you.

7 Secrets minified


7 Secrets To High Net Worth Investment Management, Estate, Tax and Financial Planning

The insights you’ll discover from our published book will help you integrate a variety of wealth management tools with financial planning, providing guidance for your future security alongside complex financial strategies, so your human and financial capital will both flourish.

Clients frequently share with us how the knowledge gained from this book helped provide them tremendous clarity, shattering industry-pitched ideologies, while offering insight and direction in making such important financial decisions.

Some of the usual questions individuals and businesses ask about investments and wealth include protecting their wealth, diversifying their portfolios, and managing it appropriately to achieve their set financial targets. Where do you go if you require answers to these questions?

Like many, you may end up using google to find solutions when you type in “a financial planner near me,” but the answers you’ll find wouldn’t be enough to guide you in the right direction.

As a wealthy person having assets ranging from $5 million to $500 million, it is vital that you recognize the kind of financial planners near you and how to utilize them to your benefit. If you are a wealthy investor with an investment portfolio of more than $10 million, you should access free material tailored specially for you here.

Our team at Pillar Wealth Management LLC has created this post to give a proper explanation of who a financial planner is, the types of financial planners that are available, and why you need the service of a financial planner. Pillar Wealth Management LLC is a wealth management company that provides exceptional services to wealthy individuals having assets ranging from $5 million to $500 million. You can contact us to schedule a no-obligation consultation call with the co-founders, Chris Snyder and Hutch Ashoo, to know more about protecting your wealth.

Table of Contents
Is It Worth It To Hire A Financial Advisor?
Financial Advisor Experience
Why You Need A Financial Advisor
Ease of Management
How Do I Hire an Experienced Financial Advisor or Planner?
What Pillar Wealth Management LLC as a financial planner can do for a high net worth individual like you

How to Find a Financial Planner    

Who do you go to for advice?

A good place to start is by talking to friends, family, and colleagues about financial planners with whom they have a working relationship. Ask about their experience with the planner, the services provided, and any problems they may have had. Do your own research even if you get a good recommendation.

Understand the Different Professional Designations

The FINRA website lists over 200 designations for financial professionals, including Certified Financial Planner, Certified Financial Fiduciary, Certified Public Account, Certified Risk Analyst, and the list goes on. A certified risk analyst, for example, must have a master’s degree, three years of related experience, and undergo 15 hours of continuing education annually, among other requirements.

Regardless of the designation, anyone who sells stocks, bonds, and other securities is required to be registered with FINRA and the SEC, and those organizations can inform you about the investment advisor’s regulatory history.

With What Aspects of Financial Planning Do You Need Help?

As part of your search for a financial planner, you will be thinking about what you actually need in terms of financial services. Are you concerned about having enough money to retire? Or you may want to be able to provide sufficiently for your child’s education but aren’t sure how to achieve that goal.

If you have a clear understanding of what services you need, you are in a better position to choose an advisor who will be able to help you meet all your financial goals.

Select at least three potential planners and request an interview. Be prepared to ask them what they can do to help you make the best investments for your needs, plan for that sunny retirement life, and reach any other goals that are so important to your financial well-being.

Ask How They Are Paid

In particular, you need to ask how the advisor is compensated. Preferably, they will be compensated only by the fees paid by their clients. Otherwise, ask how they avoid conflicts of interest. Ask them to describe their fee structure. Do they charge a flat fee or a percentage of the value of the assets they manage for you?

During your conversation, you should develop a good feeling about the advisor’s honesty and openness.

Loader image

A financial planner works with individuals to evaluate their financial needs and helps them with investment decisions, taxes, and insurance. They can help with budgeting and saving.

Most individuals have more confidence in their financial future if they utilize a financial planner to help them achieve their goals of increasing their wealth and having a comfortable retirement.

Some planners are investment advisors; some of them are financial coaches, and some planners are CPAs who also do financial planning. There are many variations, based on the advisor’s certification

Financial planners make money by charging for their services. They may charge a flat annual fee or a percentage of the value of the assets they manage. They may earn commissions or bonuses.

Financial planners often charge an annual fee equal to a percentage of the value of the assets they manage, which can range from about 0.5% to 2.5%, depending on the services they offer.

No, anyone can benefit from using the services of a financial planner to manage their investments, plan for retirement, and meet their taxation and insurance needs.

Financial planners may be paid by sales commissions and bonuses; they may be paid only by the fees their clients pay, or they may use a combination of fee structures.

The best financial planner is the one whose expertise most closely aligns with your financial goals. If you’re happy with your investments, you may want to work with a CPA on your taxes, for example.

Financial planners often charge an annual fee equal to a percentage of the value of the assets they manage, typically around 1%, so some planners will require their clients to have a minimum amount to invest.

Most financial planners work full-time in the finance or insurance industries or are self-employed. They will put in extra hours to meet with clients outside the regular work week.

Benefits of Using a Financial Planner

Studies have shown that having a financial planner increases confidence and financial well-being. A financial planner will help you set realistic goals by analyzing your current finances and preparing a plan to meet your goals. Your plan will be implemented and monitored by your planner so that you stay on track. The plan should be adjusted to meet the requirements of changes in your life circumstances.

Choosing a Financial Planner

Choose a planner who will work in your best interests. They should have the training and expertise to provide the services that you need. It may take some time to find the right planner for you, but the search is worthwhile if you find someone who has that expertise, whether they specialize in retirement planning, tax planning, or asset management.

How Do Financial Planners Charge?

Different financial planners have different fee structures, so be sure to ask about which model they use. They may be fee-only, meaning that they are compensated only by the fees their clients pay. They may be commission-only, basing their income on their product sales, or they may earn both commissions and fees. In any of these cases, there is the potential for conflicts of interest, such as from outside incentives or bonuses. Ask the advisor what they do to mitigate conflicts of interest.

Is It Worth It To Hire A Financial Advisor?

You might be contemplating the worth of hiring a financial advisor. If you’re doing so, I think it’s best to stop and think about the cost of not hiring one. What are the alternative means of managing your investment portfolio if you do not employ the service of a financial advisor?

The most likely response may be to manage your investments personally. To be honest with you, it’s the cheapest course of action, but it can be very challenging. You wouldn’t have to make payment to a financial advisor when you manage your investments personally. However, it can have a huge cost when you mismanaged your portfolio due to a lack of experience. That is why most high net-worth people prefer not to manage their investments themselves because it requires an extensive understanding of financial planning and other complex fields.

For an individual to successfully manage their assets and wealth, that person needs to possess knowledge of investment options, estate planning, accounting, tax planning, and fiscal management skills. However, it is better to hire a financial advisor than to do it alone. That’s if you want to live a life enhanced by your money rather than focusing on managing it.

Financial Advisor Experience

A good financial advisor should have training and experience in all the fields mentioned above. That is why such individuals can give you long-term professional advice on different areas of your financial life. For more concise information on how to select an outstanding financial advisor for your concerned investment portfolio, get started with our complete guide, The Ultimate Guide to Choosing the Best Financial Advisor: For Investors with $5 Million to $500 Million in Liquid Assets.

Financial Planners Near Me

The benefits of hiring a financial advisor are often more significant than the costs for wealthy people because they have unique demands. Only a few people understand that extremely wealthy people and multi-millionaires have distinct investments and financial needs. Their needs greatly differ from that middle-class family.

This is why wealthy people are advised not to manage their investments themselves, due to the fact that most advice on the internet is meant for general use cases, which isn’t for wealthy persons. For information on wealth management that distinctly applies to a wealthy person, schedule a free, non-obligatory consultation call with the co-founders of Pillar Wealth Management LLC, Chris Snyder and Hutch Ashoo. They will give you all the necessary information and data as regards managing wealth.

Why You Need A Financial Advisor

The obvious question that would come to your mind when contemplating hiring a financial planner near you is, do I really need the service or not? However, the reach of a financial advisor covers numerous aspects of your investment and financial life. The scope ranges from generational wealth planning with insurance to estate and tax planning, investment, and other critical financial topics. The work of a financial advisor is to help you handle these advanced topics to achieve your investment and financial goals.

Below is a list of reasons why you may require the service of a financial advisor:

Ease of Management

It will be easy to manage and increase your wealth when you hire a financial advisor. As a wealthy person, your financial needs will be elaborate and require a variety of services from an average individual. As mentioned earlier, several skills from diverse fields are required to manage your wealth effectively, and you have to possess these skills if you’re to manage your wealth personally. Sadly, you need to devote a lot of energy and time to become sufficiently skilled in these fields and to properly manage your wealth. So, it is much easier to hire an expert who has all the necessary skills and let him or her manage your portfolio instead of doing that yourself. Such decisions will save you hours of work, which is better utilized by spending time with your family and researching new business opportunities. If you would like to improve your portfolio performance, the exceptional team at Pillar Wealth Management, LLC., made this resource for wealthy clients, titled Improving Portfolio Performance: The Shifts Multi-Millionaires Must Make to Achieve Financial Security and Serenity. It is a very good resource for people that want to learn what other multi-millionaires are presently doing to expand and maintain their wealth.


The help of a financial advisor is required in order to secure the safety of your wealth. You have liquid assets of $5million to $500million, and there are numerous rules and regulations you need to follow as a wealthy person. Sadly, they are not common knowledge; they might be unknown to you, and that can get you in legal trouble if you accidentally break them. That is why you need the service of a professional financial advisor. Financial experts, chiefly wealth advisors, have the requisite training and experience to assist you in safeguarding your investments and avoid breaking the law. For example, if you don’t have proper knowledge of tax planning, there is a possibility of you making mistakes when filing taxes, and you may wonder why you’re guilty of tax evasion when the IRS comes calling. Moreover, you may miss out on a huge tax minimization benefit because you don’t have the experience to detect such benefits. There is a high probability that you wouldn’t be in such a situation if you had hired an expert financial advisor. Therefore, hiring an experienced financial advisor makes your investment portfolio and finances safer.

Are you interested in learning more about protecting wealth and investment portfolios? Then you should endeavor to get the free hardcover book written by Pillar Wealth Management LLC titled The Art of Protecting Ultra-High Net Worth Portfolios and Estates: Strategies for Families Worth $25 Million to $500 Million today! Our team specifically designed this guide for you, the high-net-worth persons with $5 million to $500 million in liquid assets.

How Do I Hire an Experienced Financial Advisor or Planner?

Now that you know the importance of having a financial advisor, how do you hire one? It may be of interest to you that several professionals claim to be financial advisors. So, how do you know the one to choose?

Let’s review the main types of financial advisors available, and that will help you determine which is best for you.

Certified Financial Planners

Your foremost choice for wealth management is to hire a certified financial planner. A certified financial planner’s main obligation is to assist you with investment management services such as developing a concise financial plan, which will help to accomplish your desired investment goals. A plan is crucial for the success of any investment, and this is where a financial planner comes in. A good financial planner will put into consideration your entire investment goals and use the information gathered to build a solid investment plan. The plan created will control how you invest and save for a fixed period.

Having a solid financial plan is a good initial step, but you’re likely to face some critical challenges if you reply solely to a financial planner. This is because most certified financial planners give advice best suited for middle-class individuals, who might lack the information about securities and investment opportunities available particularly for high-wealth individuals like you.

Secondly, some low budget financial planners don’t have the power to purchase the securities or investments you require to execute your plan. Rather, you will have to employ the service of a broker-dealer to obtain the assets listed in your scheme. For more detailed information on how to correctly manage your portfolio, schedule a free conversation with the co-founders of Pillar Wealth Management LLC, Hutch Ashoo, and Chris Snyder.

Investment Brokers

This is another financial expert that can efficiently manage your wealth. Stockbrokers are financial experts that efficiently control investment portfolios for their purchaser. This set of people are knowledgeable about certain investments that will help to achieve your investment objectives.

At least, you will need the services of both an investment broker and a financial advisor to execute your investment plans and achieve your desired goals. The combination mentioned above can help your financial plan and produce an investment portfolio that will follow the plan’s guidelines.

If you desire to improve your portfolio performance, our team at Pillar Wealth Management, LLC., created this resource specifically for wealthy clients, titled 5 Critical Shifts For Maximizing Portfolio Growth Strategies For Families Worth $5 million to $500 million. This guide will reveal the shifts that your investment portfolio must go through in order to grow.

Nonetheless, there is an elemental risk when you employ more than one financial expert to manage your considerable wealth. This is because you will have to go an extra mile to find experts who understand you and work well together. The whole team is at risk of breaking down if you can’t achieve this.

Wealth Managers

A wealth manager is the last option for managing your wealth. Wealth managers are experts that specialize in efficiently managing wealth for wealthy people. A good wealth advisor will function as both an investment broker and a financial planner. He or she may provide even more financial services as may be applicable. The main reason wealth managers are best suited for managing wealthy clients’ investment portfolios is because of the fiduciary duty that binds them.

Fiduciary Duty

Fiduciary duty means that by law, wealth managers are required to offer investment and financial advice based on the clients’ best interest. This is a significant merit of wealth managers over brokers.

The investment broker is rewarded on commission, which means they earn a certain percentage each time you sell or buy security using them. For instance, your aim in retirement is to invest, then you meet with your stockbroker to learn about assets that can help you increase your investment holdings. Let’s say you have a good investment broker; he or she will offer you the best investment, which will help you reach your goal, and the broker will earn a good commission on its purchase.

Apart from that, what if a different investment offers your stockbroker increased commission, but the investment isn’t the best for you? Sadly, there is no agreement that says your investment broker shouldn’t recommend such an investment to you. They are free to sell such investment to you as long as it suits you on a broad scale. While we aspire that your investment broker will be truthful to tell you the most suitable financial products.

The situation with an income manager differs from that of the investment broker. That is because by law they are bound to give you the best investment guidance according to their understanding. You can always expect your income manager to provide the most suitable investment counseling to achieve your financial targets.

As a wealthy individual with an investment portfolio of more than $10 million, you are likely to have questions about diversifying your financial investment portfolio or safeguarding your portfolio in terms of market uncertainty. Do not hesitate to schedule a free non-obligatory consultation with the co-founders of Pillar Wealth Management, LLC, Chris Snyder, and Hutch Ashoo.

wealth management advisor near me

What Pillar Wealth Management LLC as a financial planner can do for a high net worth individual like you

Choosing one from the best financial advisors in your reviews may be tricky. If you require help to choose who is the best match for your unique situation is or a wealth management company with over 30 years of financial management experience to help efficiently manage your considerable assets, consider working with us at Pillar Wealth Management, LLC. Our co-founders, Hutch Ashoo and Chris Snyder provide no-obligation consultations for wealthy people who are in need of wealth management services. Schedule your consultation with our wealth management company today.

Related Posts

  1. Top Financial Planners – If you want to have a high quality of life, you should consider your financial plan..
  2. Financial Advisor Fees – How much do financial advisors cost? If you like simple answers to complex questions because you don’t want…
  3. Wealth Preservation – Only those families whose investable assets are valued over $30 million are considered to be…
  4. Best Wealth Management Companies – A higher “assets under management” number signals…