Oklahoma City is full of surprises. Residents enjoy 300-plus days of sunshine a year, easy commutes, clean air and a low cost of living. If Oklahoma City’s your hometown, you want to find a financial advisor to help plan your future. Check out Benzinga’s guide to the best financial advisors in Oklahoma City, Oklahoma to get started today.
Quick Look at the Best Financial Advisors in Oklahoma City, Oklahoma:
- Best for Range of Financial Services: Vista Investment Partners
- Best Robo-Advisor: M1 Finance
- Best for Long-Term Portfolio: Tom Johnson Investment Management
- Best for Low Fees: Align Wealth Management
- Best Portfolio Analysis: Personal Capital
- Best for Families and Small Businesses: Hughes Warren
- Best for Finding Financial Advisors: SmartAsset
- Best for High-Net-Worth Individuals: InvesTrust Consulting
Best for Range of Financial Services: Vista Investment Partners
Vista Investment Partners is a registered investment advisor that offers financial planning and wealth management services.
Expect your first call to be more personal than financial while your advisor gets to know you. You and your financial advisor will take an in-depth look at your finances, evaluate your history and determine a plan aligned with your financial goals.
Vista offers 5 client services:
- Portfolio design and management
- Retirement planning
- Risk management
- Tax planning
- Wealth transfer
- Customizable Auto Investing
Best Robo-Advisor: M1 Finance
M1 Finance is a money management platform with a DIY approach. It features innovative technology, useful tools and the ability to manage your money how you see fit. You can schedule weekly, biweekly or monthly deposits to grow your funds.
Choose between 2 account types: Core or Plus. Core is free and Plus is $125 per year.
The Core account features:
- No trading commissions
- No management fees
- Free checking account
- 3.5% base rate for a portfolio line of credit
The Plus account includes:
- All Core account features
- 1% APY checking account
- 1% cash back on qualifying debit card purchases with no limit
- Access to a 2nd daily trade window
- 2.75% rate for portfolio line of credit
Best for Long-Term Portfolio: Tom Johnson Investment Management
Tom Johnson Investment Management adopts a long-term approach to your portfolio construction. The firm was founded in 1983 and is located in central Oklahoma City.
You can expect a conservative approach with an emphasis on a diversified portfolio of high-quality securities. Tom Johnson Investment Management brings a personal touch to your financial plan with independent research, individual stock and bond selection and professional investment management.
Tom Johnson Investment Management has a diverse clientele. Beyond individual financial planning, the firm services pensions, insurance companies, banks, corporations and more.
- 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)
Address
201 ROBERT S. KERR, SUITE 510 OKLAHOMA CITY OK, 73102-4202
Phone number
405-236-2111
Best for Low Fees: Align Wealth Management
Align Wealth Management is an independent fiduciary firm that provides services such as investment, retirement and 401(k) planning. The firm works primarily with individuals, families and small business owners.
Align’s total cost is traditionally less than much of the industry. For example, the industry average advisory fee for a $2,000,000 account portfolio management fee, mutual fund expense ratio and mutual fund trading comes to around 3.69%. Align Wealth Management charges only 1.30%.
- High Net Worth Individuals
Best Portfolio Analysis: Personal Capital
Personal Capital offers a comprehensive tracking tool for all your accounts. There are 2 types of services you can choose from — a spending tracker and managed services. You’ll need a minimum account balance of $100,000 or more to qualify for managed services.
You can track a multi-asset portfolio with a range of investment management tools for free. You can also consult a Personal Capital advisor if you want tax optimization strategies and professional help for your long- and short-term goals.
Best for Families and Small Businesses: Hughes Warren, Inc.
Hughes Warren is an independent registered investment advisor that serves individuals, families and small businesses. The fee-only firm works in your interest only with no commission.
Hughes Warren provides 3 services — financial, retirement and investment planning. The 2-person team has a combined experience of more than 50 years and both members are Certified Financial Planners®.
- Comparing Advisors
Best for Finding Financial Advisors: SmartAsset
SmartAsset's platform can connect you with the right local financial advisor to help you prepare for your future. Answer a brief survey and SmartAsset’s algorithm to get a few options.
The site also features a slew of free calculators. See how much house you can afford or take a look at the 401(k) calculator. SmartAsset aims to empower you to make solid financial decisions and taking advantage of its free reviews and recommendations is a good start.
Best for High-Net-Worth Individuals: InvesTrust Consulting LLC
InvesTrust Consulting brings expertise to the management, preservation and growth of your wealth. The firm was founded in 1998 to offer customized investment services based on your goals. It’s an independent fiduciary, so it accepts no commissions.
IvesTrust services include investment management, trusts and employee retirement plans. Its site features an educational blog and multiple financial calculators. The firm is big enough to divide services into specialized teams and you can be sure your financial advisor will carry at least 1 professional designation.
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Other
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Publication of periodicals or newsletters
- Educational seminars/workshops
- BOOK KEEPING, INVESTMENT CONSULTING SERVICES INCLUDING ASSET ALLOCATION STRATEGY, INVESTMENT OBJECTIVES, PERFORMANCE MEASUREMENT
Address
5100 N CLASSEN BOULEVARD SUITE 600OKLAHOMA CITY OK, 73118
Phone number
405-843-7046
Find the Best Financial Advisors in Oklahoma City, Oklahoma
A financial advisor can help you plan a build a strong financial future. Take the time to meet with several firms. Double-check professional credentials and focus on advisors who take the time to build a personal relationship with you. Trust is the cornerstone of your success with a financial advisor.
Frequently Asked Questions
Is it worth paying a financial advisor 1%?
Hiring an expert financial advisor is likely worth the 1% unless you are a financial expert. Professional financial advisors are fiduciaries, which means they are required to provide advice in your best interest. Your returns could be higher with the help and expertise of a financial planner.
Do financial advisors check your credit?
Financial advisors generally don’t check your credit unless one of your goals is to boost your credit score.
Do I need a financial advisor for retirement?
A financial advisor can help you build and execute a plan to save for retirement. A financial advisor can also answer important questions as you near retirement. The real value in a financial advisor is his or her ability to help you plan for a better life by taking control of your finances. Only you can determine the need for that guidance.
Methodology
To determine the top financial advisors in Oklahoma City, we pored through all SEC-registered advisory firms who have an office in Oklahoma City. 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.