Are you planning on retiring someday? Like to save money to help pay for your child’s education? It’s normal to feel confused about where to start planning for these long-term goals. That’s why you might consider using a financial advisor. But how do you pick who to work with? We’ve put together this guide to finding the best financial advisors in Wichita, Kansas, to help you out.
Quick Look at the Best Financial Advisors in Wichita, Kansas:
- Best for High-Net-Worth Clients: 6 Meridian
- Best Robo-Advisor: M1 Finance
- Best for Robust Services: Wealth Alliance Advisory Group
- Best for Customer Service: KC Investment Advisors
- Best Portfolio Analysis: Personal Capital
- Best for Commitment to Community: IMA Wealth
- Best for Small Businesses: Wichita Wealth Management
Best for High-Net-Worth Clients: 6 Meridian
6 Meridian offers a team that is committed to developing customized investment portfolios for each of its clients. You can count on 6 Meridian to help you through several financial planning scenarios.
In addition to its customized investment solutions, 6 Meridian offers life transition planning and family wealth preservation. These services can help you plan for anything from retirement or a career change to charitable planning and coordinating your estate plan.
6 Meridian is dedicated to performing both fundamental and quantitative research of equities, bonds and alternative assets to deliver strong risk-adjusted returns for its clients. You’ll also find several resources on 6 Meridian’s website, including information about retirement planning, insurance and more.
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Financial planning services
- Pension consulting services
- Selection of other advisers (including private fund managers)
Address
1635 N. WATERFRONT SUITE 250WICHITA KS, 67206
Phone number
316-776-4601
- Customizable Auto Investing
Best Robo-Advisor: M1 Finance
M1 Finance is a modern-day financial solution that is offered in a single easy-to-use platform. It offers innovative technology, tools and features that will allow you to manage your money the way that works best for you.
Its free Core account comes with no trading commissions, no management fees, a free checking account and a 3.50% base rate for its portfolio line of credit. You can also get an M1 Plus account, which costs $125 per year. The Plus account comes with all of the Core features, as well as access to a second daily trade window, 2% rate for portfolio line of credit, 1% cash back on qualifying debit card purchases and more.
You can use M1 for your digital investment, borrowing and banking needs, allowing you to manage your money optimally to meet your goals.
Best for Robust Services: Wealth Alliance Advisory Group
This investment advisor’s core principle is to help you achieve greater financial success by coordinating all aspects of your wealth management. It offers the benefits of both personalized advice and powerful technology to help you create a strong financial plan. Your advisor will create a plan that is tailored based on your goals. Each plan focuses on 3 universal principles:
- Risk reduction
- Tax minimization
- Lower fees
Your advisor may use accounts including an IRA and investment choices such as stocks and mutual funds. Wealth Alliance Advisory Group can offer you assistance in several other areas, including estate planning, trust administration, college savings and more.
- 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
10585 E 21ST N WICHITA KS, 67207
Phone number
316.221.3950
Best for Customer Service: KC Investment Advisors
When you work with KC Investment Advisors, you’re not just working with a financial planner or financial advisor. Instead, you’ll have an entire team of people who are ready to help you establish and meet your goals. Your team can help you set your financial goals, whether they’re personal goals or for your business.
The goal of KC Investment Advisors is to make sure that all of the pieces of your financial puzzle fit together. Services offered KC Investment Advisors include financial consulting, investment management, insurance strategies and qualified retirement plan strategies. No matter what your goals are, you’ll benefit from consistent service from KC Investment Advisors.
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Other
- Financial planning services
- Pension consulting services
- Selection of other advisers (including private fund managers)
Address
1605 NORTH WATERFRONT PARKWAY SUITE 200WICHITA KS, 67206
Phone number
316-682-8344
- High Net Worth Individuals
Best Portfolio Analysis: Personal Capital
Personal Capital offers wealth management, cash management and other financial tools. It is a fiduciary, so it only acts in your best interest. You’ll also benefit from no hidden fees, no trade commissions and no trailing fees.
Personal Capital delivers custom investing strategies taking your total net worth into account. It also uses the “smart indexing” approach to optimize risk and return on your behalf. If you need investment advice, you can reach out to the advisors at Personal Capital. They are available by phone, web conference, chat or email.
Best for Commitment to Community: IMA Wealth
IMA is committed to making a difference not only for its clients but within the communities it serves as well. If you work with IMA, you can expect to benefit from a team that works together to deliver the services you need. You can use your team to help you with a number of things, including wealth management, investment management and retirement planning consulting.
If you’re an employer, IMA can design a plan that will help increase employee satisfaction and attract top talent to your organization. As an individual, it can help you plan for the future of your family. Whichever services you choose, your team will strive to provide you with a clear and defined path to meeting your financial goals.
Best for Small Businesses: Wichita Wealth Management
If you own a small business, you might want to work with a small, independent financial advisor that can help you establish your goals. Wichita Wealth Management can help you answer common questions about your retirement, including when you’ll be able to retire and if you’re saving enough. Your advisor will work with you to develop a plan to give you peace of mind as you work toward retirement.
Wichita Wealth operates on a fee-only basis — its advisors do not receive a commission. It's also an independent advisory, so you can trust that the products recommended to you are in your best interest. You can feel confident that Wichita Wealth Management will support your personal or business goals.
How to Choose Financial Advisors in Wichita, Kansas
When working with a financial advisor, you’re going to want to know upfront what the cost is. Once you’ve chosen a few financial advisors to consider, contact each one to see what their fees are. Then, prepare questions that you want to ask and the goals that you have set for yourself. Your financial advisor will be able to use this information to help get you on the right path to meeting those financial goals.
Frequently Asked Questions
Which certifications should my financial planner have?
Financial planners can come from a wide variety of educational and professional backgrounds. Some may have credentials such as a CFP® certification or a chartered financial analyst (CFA). If your planner says they have one of these certifications, you can call the organization to confirm that they earned the credential and whether they remain in good standing.
How can I research the background of my financial advisor?
To look into your financial advisor’s background, you can use a number of tools. First, you can use this free search tool. You can also use FINRA’s BrokerCheck program or check with your Kansas securities regulator.
What return should I expect from a financial advisor?
You can expect to receive guidance on several aspects of your financial needs, including budgets, retirement and investments. For example, a financial advisor should be able to help you determine a plan for how much to save and when you can retire.
Methodology
To determine the top financial advisors in Wichita, Kansas, we pored through all SEC-registered advisory firms who have an office in Wichita. To winnow down the list we only included advisors who are registered fiduciaries, had no past disclosures and have minimal personal conflicts of interest. To further break down the list to the 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.
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