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
ARMOUR CAPITAL MANAGEMENT LP 3001 Ocean Drive, Suite 201 Vero Beach, FL, 32963	164570	$9,437,047,460	1	Other (A PERCENTAGE OF GROSS EQUITY RAISED)
BIMINI ADVISORS, LLC 3305 Flamingo Drive, Vero Beach, FL, 32963	164944	$3,865,736,000	1	A Percentage of AUM
CORRY CAPITAL ADVISORS, LLC 3505 Ocean Drive, Vero Beach, FL, 32963	165403	$2,180,392,183	13	A Percentage of AUM, Performance Based
PROFESSIONAL ADVISORY SERVICES INC 2770 Indian River Blvd, Suite 204 Vero Beach, FL, 32960	105397	$1,030,856,526	1151	A Percentage of AUM
SPIREPOINT PRIVATE CLIENT 3111 Cardinal Drive, Suite 2 West Vero Beach, FL, 32963	327350	$730,261,847	484	A Percentage of AUM, Fixed Fees
WASHBURN CAPITAL MANAGEMENT INC. 70 Royal Palm Pointe, Suite C Vero Beach, FL, 32960	125708	$186,637,289	454	A Percentage of AUM
TREASURE COAST FINANCIAL PLANNING, INC. 545 Beachland Blvd, Vero Beach, FL, 32963	166684	$172,405,888	574	A Percentage of AUM, Hourly charges, Fixed Fees, Other (TAX RETURN PREP. FEE-NON ADVISORY RELATED BUSINESS)
GALLATIN & COMPANY, LLC 505 Beachland Blvd - Suite 7, Vero Beach, FL, 32963	111984	$110,177,967	45	A Percentage of AUM, Fixed Fees

Find The Best Financial Advisors in Vero Beach, Florida

How To Find The Best Financial Advisors in Vero Beach, Florida
Last Updated - 13-Jun-2023

List of Qualified Financial Advisors in Vero Beach, Florida

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Top Financial Advisor Firms in Vero Beach, Florida (Ranked by AUM)

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