Find The Best Financial Advisors in Maine

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.

Connecting with the right financial advisor at the right time can help you streamline your financial plan and build financial strategies for the future.

Trusting someone to manage your finances is a big step to take. Finding the right financial advisor in Alabama involves going through a number of financial expert profiles and a large number of options can leave you confused.

How To Find The Best Financial Advisors in Maine
Last Updated - 13-Jun-2023

If you’re looking for qualified financial advisors in Maine, FinancialAdvisor.net is a useful resource. We've compiled a list of the 0 vetted financial advisors and non-vetted financial advisors in Maine, along with their fee structure, investment strategies, financial services they provide, and more. These financial advisors in Maine have an average of 0 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 Maine

Top Financial Advisor Firms in Maine (Ranked by AUM)

Firm Name	Firm CRD#	Total AUM	No. of Clients	Fee Structure
H.M. PAYSON One Portland Square, 5th Floor, Portland, ME, 4101	2993	$6,182,778,190	3724	A Percentage of AUM, Fixed Fees
R M DAVIS INC 24 City Center, Portland, ME, 04101-4069	105448	$5,757,647,950	5599	A Percentage of AUM, Hourly charges, Fixed Fees
GREENBACKER CAPITAL MANAGEMENT LLC 30 Danforth Street, Suite 206 Portland, ME, 4101	277101	$3,050,000,000	7	A Percentage of AUM, Performance Based
HEADINVEST 7 Custom House St, 4th Floor Portland, ME, 04101-4194	140518	$829,561,294	1085	A Percentage of AUM, Hourly charges, Fixed Fees
PORTLAND GLOBAL ADVISORS LLC 217 Commercial St, Suite 400 Portland, ME, 4101	109127	$757,108,671	754	A Percentage of AUM, Fixed Fees
MEANS WEALTH MANAGEMENT 802 Stillwater Ave., Bangor, ME, 04401-3614	2748	$743,799,162	2817	A Percentage of AUM, Hourly charges, Other (PROVIDE GENERAL INVESTMENT ADVICE FOR A NEGOTIATED FEE)
OLD PORT ADVISORS 130 Middle Street, 2nd Floor Portland, ME, 04101-7104	108228	$651,018,800	2213	A Percentage of AUM, Hourly charges, Fixed Fees
GREAT DIAMOND PARTNERS, LLC 22 Monument Square, Suite 300 Portland, ME, 4101	299598	$540,784,152	1475	A Percentage of AUM, Hourly charges, Fixed Fees
BIGELOW INVESTMENT ADVISORS, LLC 4 Moulton Street, Portland, ME, 4101	143733	$403,705,773	844	A Percentage of AUM, Hourly charges, Fixed Fees
HARPSWELL CAPITAL ADVISORS, LLC 41 Campus Drive, Suite 203 New Gloucester, ME, 4260	168996	$401,473,053	131	A Percentage of AUM
ARIES WEALTH MANAGEMENT, LLC 70 Center Street, 2nd Floor Portland, ME, 4101	175477	$361,459,970	486	A Percentage of AUM
PENOBSCOT FINANCIAL ADVISORS One Monument Square, Suite 501 Portland, ME, 4101	286211	$330,567,172	2053	A Percentage of AUM, Hourly charges, Fixed Fees
COSTON, MCISAAC & SHEA FINANCIAL ADVISORS 38 Rodick Street-Suite B, Bar Harbor, ME, 04609-1806	194515	$292,006,042	1301	A Percentage of AUM, Fixed Fees
ROBINSON SMITH WEALTH ADVISORS, LLC 2 Monument Square, Suite 501 Portland, ME, 4101	123098	$288,544,299	782	A Percentage of AUM, Fixed Fees
VANCEGRAY WEALTH MANAGEMENT, INC. 128 Broadway, Bangor, ME, 4401	142613	$252,609,305	1883	A Percentage of AUM, Hourly charges, Fixed Fees

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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