Finding a Top Financial Advisor Firm in Allentown, Pennsylvania
Choosing the right financial advisor can be an overwhelming process. So, SmartAsset created this list of the top Allentown financial advisor firms to make the decision a little easier. Below, we compare the services the top firms provide, what their fee structures are and what kinds of clients they specialize in working with. SmartAsset has also developed a free financial advisor matching tool that can pair you with up to three advisors in your area.
|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||Baldrige Asset Management Find an Advisor||$574,771,586||$1,000,000|| || |
|2||Andesa Financial Management, Inc. Find an Advisor||$337,114,951||No set account minimum|| || |
Minimum AssetsNo set account minimum
|3||Sector Analysts LLC Find an Advisor||$169,035,825||No set account minimum|| || |
Minimum AssetsNo set account minimum
|4||Morton Brown Family Wealth LLC Find an Advisor||$179,651,667||No set account minimum|| || |
Minimum AssetsNo set account minimum
How We Found the Top Financial Advisor Firms in Allentown, Pennsylvania
To find the top financial advisors in Allentown,Pennsylvania, we first identified all firms registered with the SEC in the state. Next, we filtered out firms that don't offer financial planning services, those that don't serve primarily individual clients and those that have disclosures on their record. The qualifying firms were then ranked according to the following criteria:
Baldrige Asset Management
Baldrige Asset Management is at the top of this list. The fee-only firm’s client's include non-high-net-worth and high-net-worth individuals, pension and profit-sharing plans, corporations and charitable organizations. The firm requires clients to have at least $1,000,000 when opening an account. Baldrige bases its fees on a percentage of assets under management, or it may charge hourly or fixed fees for certain clients.
The team includes two certified financial planners (CFPs) and one financial paraplanner qualified professional (FPQP).
Baldrige Asset Management Background
Baldrige was founded by Edwin R. Baldrige III in 1999. The independent firm specializes in investment management and financial planning services. The latter includes tax planning and estate planning services.
Baldrige Asset Management Investing Strategy
Baldrige bases its investment strategies on both academic and empirical research. The firm’s core principles emphasize the importance of diversification and asset allocation.
Baldrige primarily invests client assets in institutional and retail mutual funds and exchange-traded funds (ETFs). The firm may also invest in equities, corporate debt securities, certificates of deposit (CDs), municipal securities, U.S. government securities and partnerships.
Andesa Financial Management, Inc.
Andesa Financial Management, Inc. works with both non-high-net-worth individuals and high-net-worth individuals. The firm also serves trusts, estates, corporations and charitable organizations.
Two of Andesa’s advisors are CFPs. There is also is a chartered financial consultant (ChFC), a chartered financial analyst (CFA), and a financial paraplanner qualified professional (FPQP) on staff. One is also an insurance agent, who receives sales commisions. This may pose a potential conflict of interest, but as an SEC-registered firm, Andesa is legally bound to put clients' interests first.
The firm doesn’t have a set account minimum for its services, but there is an annual minimum fee of $200. For investment advisory services, fees are based on the market value of client assets. Andesa may provide financial planning services in conjunction with its investment management, but it may also offer such services with separate fees. If advisors offer financial planning with a separate fee, clients will pay fees on an annual retainer or project basis.
Andesa Financial Management Background
Adesa Financial began its operations in 2004. The investment advisor mainly advises clients in asset management and financial planning. The firm’s investment advisory services include portfolio selection, portfolio monitoring and portfolio review.
Its financial planning services may cover tax planning, insurance planning, retirement planning, education planning and estate planning.
Andesa Financial Management Investing Strategy
Asset allocation serves as one of Andesa Financial’s key strategies. The firm generally uses mutual funds and exchange-traded funds when implementing asset allocations, which are designed in accordance with client profiles and objectives. The firm’s security analysis methods include fundamental, technical and cyclical analyses. It employs long- and short-term purchases, trading, short sales, margin transactions and option writing.
Sector Analysts LLC
Sector Analysts LLC is a fee-based firm. The two advisors here are also brokers and insurance agents. In these non-advisor roles, they receive transaction-based fees, which can potentially pose a conflict of interest. But as an SEC-registered firm, Sector Analysts must work in its clients' best interests.
With no set account minimum at the firm, the vast majority of clients are non-high-net-worth individuals. The practice also works with a handful of high-net-worth individuals. Investment management fees are based on a percentage of assets under management, while financial planning fees are on an hourly or flat-fee basis.
Sector Analysts Background
The firm has been in business since 2013. In addition to portfolio management, it offers various financial planning services, including insurance analysis, retirement planning, estate planning, tax planning and charitable planning.
Sector Analysts also hosts free educational seminars and workshops on investment and financial planning topics.
Sector Analysts Investment Strategy
Sector generally uses a range of investment approaches, selecting strategies based on client profiles and objectives. Its key strategies, though, are strategic asset allocation, long-term purchases, dynamic asset allocation, short-term purchases and tactical asset allocation.
The firm evaluates securities using fundamental analysis, technical analysis and cyclical analysis.
Morton Brown Family Wealth LLC
Fee-based firm Morton Brown Family Wealth's team includes two financial planners (CFPs) and two chartered financial consultants (ChFCs). They are also insurance agents who collect sales commissions. This can be a potential conflict of interest, but the firm is legally required to put clients' interests first.
Morton Brown’s clients are non-high-net-worth and high-net-worth individuals, trusts, business entities and estates. The firm doesn’t have a set account minimum requirement. Investment advisory fees are based on a percentage of client assets. For stand-alone financial planning and consulting services, the firm charges up to $300 per hour, though the rate is negotiable. For ongoing financial planning, the fee is a flat amount, ranging from $2,500 to $15,000.
Morton Brown Family Wealth Background
Morton Brown was founded in 2018, and its principal owners are Kathryn M. Brown and Dennis Morton, Jr. The firm offers asset management and financial planning services. Its financial planning services may include:
- Retirement planning
- Estate planning
- Insurance planning
- Education planning
- Cash flow management
- Income planning
Morton Brown Family Wealth Investment Strategy
The firm emphasizes on its website that it chiefly uses asset allocation in its portfolio strategies. Morton Brown also says that it implements a proactive and long-term investment approach. When evaluating securities, the firm utilizes fundamental analysis.