Quick Look: Best Financial Advisors in Burlington, Vermont Near You
- Best for Personalized Planning Process: Rock Point Advisors LLC
- Best Robo-Advisor: M1 Finance
- Best for Team Approach: Raymond James Financial Services Advisors, Inc.
- Best for Broad Array of Financial Services: True North Financial Planning
- Best Portfolio Analysis: Personal Capital
- Best for Balanced Investing Approach: Westview Investment Advisors
- Best for Investment Portfolio Management: Hanson & Doremus Investment Management
Burlington is the most populous city in Vermont, so finding a financial advisor can be challenging in a sea of options.
Benzinga has compiled a list of best financial advisors in Burlington to narrow your options and make the choice easy.
Best for Personalized Planning Process: Rock Point Advisors LLC
Rock Point Advisors is a wealth advisory firm that offers financial planning and investment management services. The firm’s clientele is typically individuals, trusts, partnerships, corporations, retirement plans and charitable organizations. It’s been around for more than 15 years and specializes in managing customized portfolios to meet the unique needs of each individual.
The firm uses a personalized planning process. To begin, you and your advisor will have in-depth conversations to define your goals. Next, you’ll identify your assets and liabilities to create a plan. An investment portfolio is designed for your unique circumstances and goals. The firm provides reports regularly through continuous evaluation of your progress.
- Customizable Auto Investing
Best Robo-Advisor: M1 Finance
M1 Finance is a money management platform that gives you complete control of how you want to invest, borrow or spend your money. M1 includes the following for free:
- Your personalized investment portfolio
- Automated investment scheduling
- Portfolio line of credit when your portfolio value reaches $10,000
- A checking account to repay loans and set up direct deposits
Upgrade to an M1 Plus account for more perks. Borrow at 2% and receive 1% cash back. You can also invest with a 2nd daily trade window. M1 Plus is $125 annually.
Best for Team Approach: Raymond James Financial Services Advisors, Inc.
Raymond James serves clients through 8,100 financial advisors in the United States, Canada and overseas. The firm has managed approximately $774 billion in client assets.
The firm’s branch in Burlington offers a range of financial planning services from education to retirement planning. It specializes in offering a team approach to financial planning and offers a broader scope of expertise than you’ll find with just 1 advisor.
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Commissions
- Other
- Financial planning services
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops
- HOURLY & FIXED RATE CONSULTATIONS
Address
880 CARILLON PARKWAY SAINT PETERSBURG FL, 33716
Phone number
727-567-3020
Best for Broad Array of Financial Services: True North Financial Planning
True North Financial Planning is a fee-only fiduciary that offers a range of financial services. As a fiduciary, the firm provides unbiased and objective advice with no agenda to receive commissions or referral fees.
True North services include:
- Retirement and financial independence planning
- Cash flow and income planning
- Debt management
- Insurance and risk management planning
- Health care planning
- Investment management and planning
- Estate planning and charitable giving
- Tax planning
- Education funding
The firm also provides guidance on good financial habits and other financial matters.
- High Net Worth Individuals
Best Portfolio Analysis: Personal Capital
Personal Capital links your accounts to give a clear view of your net worth and cash flow. You can also use its free planning and analytical tools for budgeting, retirement planning, education planning and much more.
Personal Capital offers managed services if you want to include human advising. You need a minimum of $100,000 to opt for this service. There is a 0.89% account management fee. The fee can go as low as 0.49% if your account balance is larger.
Best for Balanced Investing Approach: Westview Investment Advisors
Westview Investment Advisors is a fee-only fiduciary that offers financial planning and investment management. The firm also offers financial services for small businesses and nonprofit organizations.
The firm takes a balanced investing approach known as growth at a reasonable price (GARP). This is a balance between value investing and growth investing. Most of its portfolios are balanced with a custom mix of stocks, bonds, cash and other asset classes.
Best for Investment Portfolio Management: Hanson & Doremus Investment Management
Hanson & Doremus Investment Management is a registered advisory firm that specializes in equity and fixed income portfolio management. It provides financial planning for individuals, retirement plans, corporations and endowments.
The firm offers customized investment portfolio management and advice on tax efficiency and Social Security. It can also help develop an investment policy statement, investment strategies or donor strategies for institutions.
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Financial planning services
- Publication of periodicals or newsletters
Address
431 PINE STREET SUITE 302BURLINGTON VT, 05401
Phone number
802-658-2668
Frequently Asked Questions
Can financial advisors help mitigate debt?
Yes. Professional advisors specialize in debt management. Your advisor can offer you tax-optimization strategies, smart investment allocations and other solid advice to free you from debt the quickest way possible.
Which certifications should my financial planner have?
There are multiple certifications that qualify a financial planner. But the top designations for financial planners are Certified Financial Planner™ (CFP®) and Chartered Financial Analyst® (CFA®).
Can I talk to a financial advisor for free?
Your 1st consultation is typically free of charge.
Find the Right Financial Advisor
You can make the most of your finances with the help of robo-advisor or human financial advisor. The right advisor can bring you confidence as you work toward your short- and long-term financial goals.
Methodology
To determine the top financial advisors in Burlington, Vermont, we pored through all SEC-registered advisory firms who have an office in Burlington. We winnowed the list by only including advisors that are registered fiduciaries, have no past disclosures and have minimal personal conflicts of interest. To further break down the list to the true top advisors in the area, we gave weight to advisors that offer both investment management and planning, have no conflicts of interest, have offices in multiple states, have a wrap fee program and over $50 million in assets under management.