Question 1

Why should I hire a financial advisor to manage my money?

Accepted Answer

The core objective of a financial advisor is to get your finances on the right track & help you strategize your spendings, investments & savings to mitigate the future financial risks. A financial advisor creates a plan for you based on your short term & long term financial goals keeping the market situations into consideration and provides you a roadmap to attain those goals.

Question 2

How can I pick a good financial advisor?

Accepted Answer

A good financial advisor is the one who has a sound knowledge of managing finances, the experience of working with market ups & downs & most importantly - understands your financial goals & needs well. To find a 'good' financial advisor, you need to get your financial goals defined & choose the best fiduciary financial advisor that puts your best interest on priority. Choose the best financial advisor for you with our financial advisor's directory.

Question 3

What's the difference between a financial planner and a financial advisor?

Accepted Answer

A financial Advisor provides a vast spectrum of advisory investment management, debt repayment, tax planning, estate planning, retirement planning, insurance depending on your need, whereas a financial planner helps you create a financial plan to help you meet your goals. While the work of a financial planner & a financial overlap at a certain point, there is a fine line of difference based on cost, goals & way of working between the two.

Question 4

How much money should you have before getting a financial advisor?

Accepted Answer

The cost of a financial advisor depends upon factors like experience, certifications & the type of financial advisor. Cost varies as per the type of financial advisor you choose as no one-size-fits-all compensation option for advisors. The most common ways a financial advisor is compensated are fee-only, hourly rates, commission-based, fixed flat rates & percentage of the account. You need to talk to your advisor about the cost involved before hiring the one.

Question 5

What type of financial advisor do I need?

Accepted Answer

Given a wide variety of financial advisors, if you are unable to analyze the type of financial advisor you need, you should consult an advisor who can look at the complete picture. In general terms, the CFP or ChFC certified financial advisor is a preferred choice as in order to achieve the certification one needs a good amount of hands-on experience.

Firm Name	Firm CRD#	Total AUM	No. of Clients	Fee Structure
TRUEWEALTH ADVISORS, LLC 2000 Southlake Park, Suite 200 Hoover, AL, 35244	298838	$287,595,301	929	A percentage of AUM, Hourly charges, Fixed fees
TIMBERCHASE FINANCIAL, LLC 31 Inverness Center Parkway, Suite 100 Hoover, AL, 35242	131205	$172,663,393	697	A percentage of AUM, Fixed fees
SOUTHERN OAK CAPITAL, LLC 1200 Corporate Drive, Suite 100 Hoover, AL, 35242	309933	$158,509,956	7	A percentage of AUM, Fixed fees, Performance Based

Financial Advisor	Office Location	Phone Number
Antonio D. Sankey & Associates, LLC Inquire with Antonio	3000 Riverchase Galleria, Suite 950 Hoover, AL 35244	205-444-4996
Sovereign CPA Group, LLC Inquire with Sovereign	2 Chase Corporate Dr, Hoover, AL 35244	205-402-4245
Edward Jones Inquire with Edward	3659 Lorna Road, Suite 153 Hoover, AL 35216	205-733-1669
Edward Jones Inquire with Edward	5336 Stadium Trace Pkwy, Suite 114 Hoover, AL 35244	205-988-4435
Allstate Personal Financial Representative: John Saddler Inquire with Allstate	430 Emery Dr, Hoover, AL 35244	205-706-5386

Find The Best Financial Advisors in Birmingham, Alabama

How To Find The Best Financial Advisors in Birmingham, Alabama
Last Updated - 13-Jun-2023

List of Qualified Financial Advisors in Birmingham, Alabama

Jeremy W. Young

Legacy Advisory Group

Top Financial Advisor Firms in Birmingham, Alabama (Ranked by AUM)

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