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Find The Best Financial Advisors in Farmington, Michigan

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

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.

Q: How can I pick a good financial advisor?

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.

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

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.

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

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.

Q: What type of financial advisor do I need?

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.

Financial decisions are often complicated. Decisions like saving for the future, preparing for retirement, protecting your assets, planning to acquire an estate are all complex enough to make your head spin. A trusted financial advisor can help you to sail you through your journey!

We understand your financial needs are not always the same! Choosing the right financial advisor in Farmington is a tedious task to do. FinancialAdvisor.net give you extensive options to compare best advisors in Farmington & pick the one as per your needs

How To Find The Best Financial Advisors in Farmington, Michigan
Last Updated - 13-Jun-2023

If you’re looking for qualified financial advisors in Farmington, Michigan, FinancialAdvisor.net is a useful resource. We've compiled a list of the 3 vetted financial advisors and non-vetted financial advisors in Farmington, Michigan, along with their fee structure, investment strategies, financial services they provide, and more. These financial advisors in Farmington, Michigan have an average of 19 years of experience.

If you need more personalized assistance, you may also use our free financial advisor match service to find, compare and connect with 2 to 3 financial advisors matched to your specific needs, who serve in your area.

List of Qualified Financial Advisors in Farmington, Michigan

Michael Jergens

Edelman Financial Engines, LLC

248-581-3078

Address

201 West Big Beaver Road,
Suite 950,
Troy, MI 48084 See Details

Peter Shunyia

LPL Financial/Shunyia & Co. Private Wealth Advisors

248-365-8822

Address

2050 Livernois Rd., Suite B,
Troy, MI 48083 See Details

Todd Perry

Executive Wealth Management

810-229-6446

Address

135 W North Street Ste 1,
Brighton, MI 48116 See Details

Top Financial Advisor Firms in Farmington, Michigan (Ranked by AUM)

Firm Name	Firm CRD#	Total AUM	No. of Clients	Fee Structure
BLOOM ADVISORS 31275 Northwestern Hwy, Suite 145 Farmington Hills, MI, 48334-2531	106152	$1,155,071,554	1199	A Percentage of AUM
BLUE CHIP PARTNERS, LLC 38505 Country Club Drive, Suite 150 Farmington Hills, MI, 48331	132437	$1,052,006,620	2358	A Percentage of AUM, Fixed Fees
THE ENTERPRISE INVESTMENT COMPANY 30301 Northwestern Highway, Suite 200 Farmington Hills, MI, 48334	116889	$368,005,328	367	A Percentage of AUM, Hourly charges
BERINGEA, LLC 32330 W. 12 Mile Road, Farmington Hills, MI, 48334	161803	$360,695,266	4	A Percentage of AUM
WASSERMAN WEALTH MANAGEMENT, LLC 31700 Middlebelt Road, Suite 130 Farmington Hills, MI, 48334	124556	$267,394,428	526	A Percentage of AUM
FAI ADVISORS, INC. 39395 W. 12 Mile Road, Suite 102 Farmington Hills, MI, 48331	122132	$210,000,000	808	A Percentage of AUM, Fixed Fees
GPM GROWTH INVESTORS, INC. 30500 Northwestern Hwy., Suite 313 Farmington Hills, MI, 48334	107645	$182,363,411	449	A Percentage of AUM

Select other cities around Farmington, Michigan to broaden your search for a financial advisor

Frequently Asked Questions

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

How can I pick a good financial advisor?

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

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

What type of financial advisor do I need?

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Find The Best Financial Advisors in Farmington, Michigan

How To Find The Best Financial Advisors in Farmington, MichiganLast Updated - 13-Jun-2023

List of Qualified Financial Advisors in Farmington, Michigan

Michael Jergens

Edelman Financial Engines, LLC

Address

Peter Shunyia

LPL Financial/Shunyia & Co. Private Wealth Advisors

Address

Todd Perry

Executive Wealth Management

Address

Top Financial Advisor Firms in Farmington, Michigan (Ranked by AUM)

Select other cities around Farmington, Michigan to broaden your search for a financial advisor

Frequently Asked Questions

Find an AdvisorIt's Fast, Free & Easy

How To Find The Best Financial Advisors in Farmington, Michigan
Last Updated - 13-Jun-2023

Find an Advisor
It's Fast, Free & Easy