What comes to mind when you think of Las Vegas?
Sure, the glitz of Las Vegas’ tourism industry — but did you know that Las Vegas is also renowned for its finance industry, too?
Benzinga’s compiled a list to help you figure out which financial advisor is best for you if you live in and around Sin City.
Best Financial Advisors in Las Vegas, Nevada:
- Best for Wide Range of Services: The Wealth Consulting Group
- Best Robo-Advisor: M1 Finance
- Best for Long-Term Investing: American Retirement Planning Group
- Best for Goals-Based Planning: SkyOak Wealth
- Best Portfolio Analysis: Personal Capital
- Best for Tax Consulting: Summit Portfolio Management LLC
- Best for Finding Custom Financial Advisors: SmartAsset
- Best for Diversification Among Industries: Redrock Wealth Management LLC
1. Best for Wide Range of Services: The Wealth Consulting Group
The Wealth Consulting Group offers a wide array of retirement and asset management services. The company provides investment advising services, retirement planning assistance, wealth management and financial planning. The majority of the company’s clients are individuals and corporations.
The Wealth Consulting Group specializes in providing a personal touch to retirement planning. You’ll find a full team of certified financial planners to create a comprehensive asset allocation plan that fits your needs. The Wealth Consulting Group is also one of the longest-standing financial planners in the state, with over 25 years of experience.
The Wealth Consulting Group is a team of financial advisors in Las Vegas offering a range of retirement and asset management services. The company provides investment advising services, retirement planning assistance, wealth management and financial planning. The majority of the company’s clients are individuals and corporations. The Wealth Consulting Group specializes in providing a personal touch to retirement planning. It employs a full team of certified financial planners to create a comprehensive asset allocation that fits your needs as an individual. With over 25 years of experience, the Wealth Consulting Group is also one of the longest-standing financial planners in the area.
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Financial planning services
- Selection of other advisers (including private fund managers)
Address
8925 WEST POST ROAD - SUITE 200 LAS VEGAS NV, 89148
Phone number
702-263-1919
- Customizable Auto Investing
2. Best Robo-Advisor: M1 Finance
Are you more interested in a remote investing experience? M1 Finance offers a you-control-it approach to your finance with customization and automation to manage your money. The answer to M1 Finance’s DIY money management platform is low-cost ETFs, individual stocks or a combination of both. You can access a portfolio line of credit up to $10,000 and use M1 Finance’s checking account option to set up direct deposits. You can automatically invest from there and even trade fractional shares.
You can choose between two account types. M1 Finance’s Core account includes:
- No trading commissions
- No management fees
- Free checking account
- 3.5% base rate for a portfolio line of credit
M1 Finance’s Plus account includes:
- All Core account features
- 1% APY on checking account balance
- 1% cashback on qualifying debit card purchases, no limits
- Access to a second daily trade window
- 2.75% rate for portfolio line of credit (0.75% reduction)
Ultimately, M1 Finance caters to experienced investors who want a hands-on approach to money management.
3. Best for Long-Term Investing: American Retirement Planning Group
As its name suggests, the American Retirement Planning Group specializes in long-term asset management with an eye toward retirement planning. Most of the company’s clients are individuals and high net-worth individuals, though it does also offer independent financial consultation for business owners.
American Retirement Planning Group offers a variety of 401(k) and independent retirement planning strategies. Unlike most other financial advisors, the American Retirement Planning Group doesn’t require a minimum balance for most of their services. It’s an excellent choice for individuals who need more personalized retirement advice but who don’t have thousands of dollars saved already.
As its name suggests, the American Retirement Planning Group specializes in long-term asset management with an aim towards retirement. Most of the company’s clients are individuals and high net-worth individuals, though it does also offer independent financial consultation for business owners. American Retirement Planning Group offers a variety of 401(k) and independent retirement planning strategies. Unlike most other financial advisors, the American Retirement Planning Group doesn’t require a minimum balance for most of their services. This can make it an excellent choice for individuals who need more personalized retirement advice but who don’t have thousands of dollars saved already.
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Financial planning services
- Pension consulting services
Address
3303 NOVAT STREET SUITE 100LAS VEGAS NV, 89129
Phone number
800-530-8788
4. Best for Goals-Based Planning: SkyOak Wealth
SkyOak Wealth is a comprehensive financial planner in Las Vegas that offers both managed and self-directed accounts. From independent IRAs to family office services and wealth management, SkyOak offers a one-stop shop for almost every financial planning service you might need. One of the most unique services offered by SkyOak is its high-value financial planning and management for professional athletes and other celebrities.
SkyOak’s team takes a close look at your current income and helps you create a plan that sets you up for the future and considers your future goals. It’s a great go-to advisor for high net-worth individuals.
SkyOath Wealth is a comprehensive financial planner in Las Vegas offering both managed and self-directed accounts. From independent IRAs to family office services and wealth management, SkyOak offers a one-stop-shop for almost every financial planning service you might need. One of the most unique services offered by SkyOak is their high-value financial planning and management for professional athletes and other celebrities. SkyOak’s team takes a close look at your current income and helps you create a plan that sets you up for the future while considering the limitations of your career. This makes SkyOak one of the top financial advisors for high net-worth individuals who need to make their funds last for the future.
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Financial planning services
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops
- SELF DIRECTED IRA SERVICE
Address
410 S. RAMPART BLVD. SUITE 390LAS VEGAS NV, 89145
Phone number
800-971-8070
- High Net Worth Individuals
6. Best Portfolio Analysis: Personal Capital
Personal Capital is best described as a hybrid digital management service — it gathers up all your accounts (just like Mint) and tells you where your spending patterns fall. It’ll also help you grow your portfolio with managed account services — as long as you have an account minimum balance of $100,000 or more.
You’ll be able to track a multi-asset portfolio with its free investment management tools. Add a real person into the mix and you can get tax optimization strategies and advisor who will take your personal needs into consideration before they help you with your long- and short-term plan.
7. Best for Tax Consulting: Summit Portfolio Management LLC
Summit Portfolio Management LLC is one of the top financial planners in Las Vegas for goal-based financial planning. When you begin with Summit, you’ll work one-on-one with a financial planner or analyst to discover how you want your money to work for you.
Summit will help you develop a unique investment plan that fits your goals. From college planning to devising passive income streams, Summit Portfolio can develop a specialized plan for you. Summit also offers consulting and tax consideration services in addition to its goal-based planning. Most of Summit’s services require a minimum account balance of $500,000.
Summit Portfolio Management is one of the top financial planners in Las Vegas for goal-based financial planning. When you begin with Summit, you’ll work one-on-one with a financial planner or analyst to discover how you want your money to work for you. Then, Summit will help you develop a unique investing plan that fits your goals. From college planning for a new baby to creating a stream of passive income, Summit Portfolio has a specialized plan for you. In addition to goal-based planning, Summit also offers consulting and tax consideration services. Most of Summit’s services require a minimum account balance of $500,000.
- A percentage of assets under your management
- Hourly charges
- Financial planning services
- Selection of other advisers (including private fund managers)
Address
9328 TOURNAMENT CANYON DR. LAS VEGAS NV, 89144
Phone number
702 838 9999
- Comparing Advisors
8. Best for Finding Custom Financial Advisors: SmartAsset
SmartAsset's platform connects investors, soon-to-be-retirees and retirees with financial advisors from across the country. You’ll be able to find the right financial advisor to prepare for your future.
Smart Asset securely pairs investors with financial advisors. You’ll get free and secure access to the financial advisor marketplace to find the right advisor based on your location, assets and personal preferences.
Answer a brief survey about your retirement goals, investment style and more. Include your contact information so SmartAsset’s algorithm can match you with the best financial advisor for you!
9. Best for Diversification Among Industries: Redrock Wealth Management LLC
Redrock Wealth Management is a financial planning and investment management service focused on long-term investing and modern portfolio theory. Modern portfolio theory is based on the idea that the safest portfolios evenly distribute assets between multiple industries. Redrock recommends mutual funds and ETFs for most investors to achieve the highest levels of diversification.
Redrock also requires no minimum account balance to get started, even with an asset manager. This fact alone makes Redrock a top financial planner for lower-value investors looking for personalized financial advice and long-term investment management.
Redrock Wealth Management is a financial planning and investment management service focused on long-term investing and the modern portfolio theory. The modern portfolio theory is the idea that the safest portfolio is one that evenly distributes its assets between multiple industries. Redrock recommends mutual funds and ETFs for most investors, as these securities provide an inherent level of diversification. Redrock also requires no minimum account balance to get started with an asset manager. This can make the company one of the top financial planners for lower-value investors looking for more personalized financial advice and long-term investment management.
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Financial planning services
- Pension consulting services
Address
9484 W FLAMINGO RD. #205 LAS VEGAS NV, 89147
Phone number
702-987-1607
Frequently Asked Questions
Q: How do you evaluate a financial advisor?
A: Evaluating a financial advisor is a lot like evaluating any other professional you’d like to work with, like a tax advisor or a lawyer. One of the best ways to choose the right financial advisor is to ask friends, colleagues and family members which financial advisor they use. Once you hear of a financial advisor that fits your needs, set up a meeting with him or her to evaluate whether that individual is the right fit for you. Another very important factor is to make sure your prospective financial advisor is a fiduciary, which simply means that he or she has your best interests in mind whenever you invest.
Q: Can I talk to a financial advisor for free?
A: Yes, your first consultation with a financial advisor is free.
Q: Do I need a financial advisor for retirement?
A: You don’t need a financial advisor to help you plan your retirement. You can just as easily use a robo-advisor for a do-it-yourself approach to managing your finances.
Choose the Right Advisor in Las Vegas, Nevada
Assess your investing know-how and your goals for the future. Don’t be afraid of meeting with several advisors to carefully research which Las Vegas-based advisor is best for you.
Methodology
To determine the top financial advisors in Las Vegas, we pored through all SEC-registered advisory firms who have an office in Las Vegas. We winnowed the list by including advisors who were registered fiduciaries, had no past disclosures and have minimal personal conflicts of interest. We broke the list down further to the true top advisors in the area and gave weight to advisors that offered both investment management and planning, had no conflicts of interest, had offices in multiple states, have a wrap fee program and have over $50 million in assets under management.
About Melissa Brock
Melissa Brock is a versatile freelance writer and financial editor, recognized for her expertise in higher education, personal finance, and investing. With over a decade of experience in online content creation, Melissa has established herself as a trusted source for insightful financial advice and educational resources. Her writing prowess extends to diverse topics, including trading, cryptocurrency, and college savings. Melissa’s commitment to empowering readers with practical knowledge and actionable insights is evident in her contributions to various reputable platforms. As a dedicated financial editor, she meticulously covers the complexities of personal finance, ensuring readers have the tools they need to make informed decisions. Melissa’s work exemplifies her passion for educating and informing audiences on matters of financial literacy and investment strategies.