Finding a Top Financial Advisor Firm in Arizona
If you’re looking to invest your money, it’s important to find a financial advisor who will help you and your family get to the place you want to be with your finances. Locating the right advisor in Arizona isn’t easy, but finding the firm that’s right for you is crucial to ensuring your future is in good hands. This list presents the top financial advisor firms in Arizona, with details on account minimums, areas of expertise and investment strategies provided in tables and reviews. You can also use SmartAsset’s financial advisor matching tool to find a nearby advisor.
|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||TFO Phoenix, Inc. Find an Advisor||$3,409,656,848||No set account minimum|| || |
Minimum AssetsNo set account minimum
|2||TCI Wealth Advisors, Inc. Find an Advisor||$2,973,412,645||No set account minimum|| || |
Minimum AssetsNo set account minimum
|3||Belpointe Asset Management, LLC Find an Advisor||$1,734,077,859||No set account minimum|| || |
Minimum AssetsNo set account minimum
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|4||WealthPlan Advisors, LLC Find an Advisor||$1,623,808,171||Varies based on account type|| || |
Minimum AssetsVaries based on account type
|5||Wall Capital Group, Inc. Find an Advisor||$1,440,546,205||$50,000|| || |
|6||Total Investment Management, Inc. Find an Advisor||$1,173,407,847||No set account minimum|| || |
Minimum AssetsNo set account minimum
|7||Galvin, Gaustad & Stein, LLC Find an Advisor||$1,067,820,765||$500,000|| || |
|8||Versant Capital Management, Inc. Find an Advisor||$772,609,369||$2,000,000|| || |
|9||Wellspring Financial Partners Find an Advisor||$614,618,261||No set account minimum|| || |
Minimum AssetsNo set account minimum
|10||Windsor Capital Management, LLC Find an Advisor||$571,652,668||Varies based on account type|| || |
Minimum AssetsVaries based on account type
How We Found the Top Financial Advisor Firms in Arizona
We only considered U.S. Securities and Exchange Commission (SEC)-registered firms in Arizona for this list, as all SEC-registered firms are bound by fiduciary duty to act in clients’ best interests. We eliminated any firms that had disclosures, don’t have financial planners on staff and that don’t manage individual accounts. Below are the top 10 firms that met these specifications, sorted by total assets under management (AUM), from highest AUM to lowest.
All information is accurate as of the writing of this article.
TFO Phoenix, Inc.
TFO Phoenix, Inc., a Phoenix-based firm, takes first place on our list with dozens of advisors handling billions in client assets under management. The fee-only firm is heavily centered around a suite of family office services, as well as high-net-worth individuals, trusts, qualified retirement plans, small businesses, corporations and charitable organizations. Despite its large pool of managed assets, TFO Phoenix has under 160 individual clients, meaning its selection process is picky.
The team of advisors at this firm boasts a wide range of certifications. There are 15 certified public accountants (CPAs), seven certified financial planners (CFPs), one certified private wealth advisors (CPWA), one chartered alternative investment analyst (CAIA) and one chartered financial analyst (CFA).
There is no specifically set account minimum to join TFO Phoenix.
TFO Phoenix Background
Founded in just 2011, TFO Phoenix has become a massive firm in a relatively short period of time. Chairman Chris Erblich established the firm and remains its principal owner to this day. However, Erblich owns TFO indirectly through two trusts: CASK Irrevocable Trust U/A and TFO, Irrevocable Trust U/A.
In order to best serve its clients, TFO Phoenix looks to provide a holistic set of financial planning and investment management offerings. Clients can utilize wealth planning, investment advisory, family milestone planning, tax consulting, estate planning, gift planning, philanthropic planning, family governance and more.
TFO Phoenix Investing Strategy
Prior to the implementation of any specific investment plans, TFO Phoenix will work with clients to build a written investment policy statement (IPS). This is meant to, on a hard copy, lay out your risk tolerance, investment objectives and liquidity needs so that the firm can remain aligned with your needs. In addition to planning for your future investment, the firm will evaluate your current holdings to see if they maintain enough relevance to be included.
Once your assets are invested, TFO Phoenix will begin monitoring your portfolio's performance. Should earnings cause your portfolio to fall too far out of its intended asset allocation, the firm will rebalance as needed.
TCI Wealth Advisors, Inc.
TCI Wealth Advisors, Inc. also has billions in client assets, making it the second-largest firm on our list by that metric. The firm has several advisors, and its staff includes 18 certified financial planners (CFPs), four certified public accountants (CPAs), three chartered financial analysts (CFAs), one accredited estate planner (AEP), one certified trust and financial advisor (CTFA), one accredited asset management specialist (AAMS) and one accredited investment fiduciary (AIF) and one certified plan fiduciary advisor.
Rather than require a specific initial investment, TCI requires clients to have at least $1,000 in annual fees. For this reason, potential clients will want to make sure they have enough invested to justify these fees. The fee-only firm works with both individuals and high-net-worth individuals. It also does business with pension plans, charitable organizations, trusts, estates and some corporations.
TCI Wealth Advisors Background
TCI Wealth Advisors was founded in 1990 by Bob Swift. Originally known as The Conservative Investor, it operated out of Swift’s house and focused on educational classes. In 1992, it changed its name and started to take its current form. Swift is still an advisor and a shareholder in the company. The company is privately owned by individuals and trusts.
TCI provides wealth management and investing services in addition to pension management advising services. The Financial Times named it one of the top 300 financial advisors in the U.S. in 2017 and 2018.
TCI Wealth Advisors Investment Strategy
Advisors at TCI Wealth Advisors tailor their approach to each client’s needs and preferences. The biggest factors they take into account are risk tolerance, time horizon and desired rate of return. They then schedule regular meetings with clients to keep everyone on the same page regarding the investment plan.
Common investments used in client portfolios include stocks, bonds and mutual funds. The firm does use short-term investments.
Belpointe Asset Management, LLC
Belpointe Asset Management, LLC is a Phoenix-based fee-based financial advisor firm. The firm has billions in client assets under management (AUM). Belpointe employs hundreds of advisors, with a staff that includes certified financial planners (CFPs), certified private wealth advisors (CPWAs), accredited asset management specialists (AAMSs) and more.
Individuals without a high net worth make up the largest portion of Belpointe's client base. The firm also maintains advisory relationships with businesses, trusts, investment companies and charitable organizations. There is no minimum investment needed to become a client of Belpointe.
Some of Belpointe's advisors may make commissions off the sale of insurance policies to clients. The firm does abide by fiduciary duty though, legally binding it to act in clients' best interests.
Belpointe Asset Management Background
Belpointe Asset Management, LLC was established in 2007 in Greenwich, Connecticut, though the firm has recently relocated its main office to Arizona. Father-son duo Marty and Brandon Lacoff founded the firm. Today, Belpointe is under the principal ownership of Belpointe Financial Holdings, LLC, which is owned by founder Brandon Lacoff and president Greg Skidmore.
Clients of Belpointe will receive customized advisory services depending on their personal needs. For example, you could take advantage of retirement planning, income planning and college savings planning.
Belpointe Asset Management Investing Strategy
Because of the size of Belpointe Asset Management's team, its services are personalized to each client's risk tolerance, ultimate financial objectives, time horizon and liquidity needs. In turn, the firm avoids model portfolios and combines the strategies of multiple investment philosophies.
Typical investments of Belpointe include government bonds, high-grade corporate bonds, stocks, index funds and mutual funds. The asset allocation that these investment types will hold in your portfolio will depend on your needs and any personal preferences you or your advisor may have.
WealthPlan Advisors, LLC
WealthPlan Advisors, LLC has this list's fourth-largest amount in assets under management. There are multiple advisors working at WealthPlan, including three certified financial planners (CFPs), one certified investment management analyst (CIMA) and one accredited investment fiduciary (AIF). The fee-based firm is located in Scottsdale, but it also has offices in Nevada, Utah, Missouri and Tennessee.
Individuals without a high net worth are the most common clients of WealthPlan, with retirement plans and institutions coming in a close second. High-net-worth individuals, ERISA trusts, businesses, government entities and foundations are some of the firm's other clientele. WealthPlan has two minimum investment requirements: $500,000 in investable assets for individual portfolio management and a $10,000 minimum annual fee for retirement plan and institutional consulting services.
As a fee-based firm, certain of WealthPlan's advisors may sell insurance products that will result in the earning of extra commissions. The firm and its advisors are fiduciaries, though, legally binding them to act in clients' best interests.
WealthPlan Advisors Background
Brothers Scott and Todd Schlappi founded WealthPlan Advisors in 2009 after spending time in investing and retirement plan consulting for a combined total of around 45 years. Today, the firm is owned by principal shareholders Wealth Management, Inc. and Retirement Plan Advisors, Inc. These companies are owned by Scott Schlappi and CCO Rick Horton, giving them indirect control of WealthPlan.
WealthPlan Advisors Investing Strategy
WealthPlan Advisors explicitly states that it does not engage in stock-picking strategies that look to identify specific securities that it believes will outperform the rest of the market. Instead, it prefers to create an exact, risk-adjusted asset allocation that aligns with your time horizon and any possible needs for liquidity. Consistent with this philosophy, WealthPlan often invests in exchange-traded funds (ETFs), passive and active mutual funds, separate accounts, variable annuities, collective trusts and more.
Wall Capital Group, Inc.
Although Wall Capital Group, Inc.'s website lists institutional investment advisory and traditional wealth management as its specialties, more than three-quarters of its client base is made up of individuals. However, the firm's primary client is a collection of Illinois police and fire pension funds. There is no set account minimum at this fee-only firm.
Wall Capital Group has a tight knit staff of financial advisors. This group includes a certified financial planner (CFP), a certified investment management analyst (CIMA) and a chartered retirement counselor (CRC).
Aside from Wall Capital's main office in Phoenix, it operates a secondary location in Hinsdale, Illinois.
Wall Capital Group Background
Wall Capital Group was created by husband-wife duo David Wall and Colleen Wall in 1990. At separate times, the firm did business under the names Wall & Associates and Wall Wealth Advisors. David Wall currently serves as the firm's president. He was a financial crimes detective for the Addison Police Department prior to working in finance.
Institutional investment consulting and individual asset management and financial planning are the main services at Wall Capital Group.
Wall Capital Group Investing Strategy
In an effort to remain as transparent and open as possible, Wall Capital Group does not discriminate against any investment type. Its broad range of possible investments include domestic and global markets, small and large companies and both growth and style securities. Even still, the Wall Capital does have its preferences. Many of its investment decisions revolve around mutual funds and ETFs, as they maintain an inherent level of diversification.
Total Investment Management, Inc.
Total Investment Management, Inc. is a fee-based firm in Scottsdale that caters to aviation professionals. It has billions in assets under management (AUM) and employs several advisors. Its team includes two certified financial planners (CFPs), one chartered financial analyst (CFA), one chartered market technician (CMT) and one accredited investment fiduciary (AIF).
The firm works mostly with non-high-net-worth individuals, but it also does some business with high-net-worth individuals. There is no minimum investment required, but there is a minimum fee of $600. For this reason, potential clients will want to make sure they can invest enough to make this fee worthwhile.
Total Investment Management Background
Total Investment Management was founded by John E. Foster II, who still serves as the firm’s chairman, in 1998. Foster is a former military and airline pilot who created the firm to provide financial services to other aviation professionals. It still focuses on serving members of the aviation community.
The company is primarily owned by John E. Foster II and his son and CEO Todd Michael Foster. It offers investment advisory services along with retirement planning, strategizing for taxes and estate planning.
Total Investment Management Investment Strategy
Total Investment Management has a three-pronged approach to investing: mutual fund and ETF research, fundamental research and technical analysis. The firm’s primary asset classes are bonds, alternative investments and equities. It claims to be fully independent and agnostic when it comes to which fund firms it invests in.
Total Investment Management uses technical analysis to figure out when to buy and sell securities, and it uses investor psychology patterns to make predictions. The firm especially believes in using ETFs to make the most money for clients, due to the fact that ETFs bear lower fees compared to traditional mutual funds.
Galvin, Gaustad & Stein, LLC
Galvin, Gaustad & Stein LLC is a Scottsdale-based, fee-only firm. The firm has the seventh-largest amount in assets under management (AUM) on this list. It has numerous advisors on staff, including three certified financial planners (CFPs), three chartered financial analysts (CFAs), one chartered life underwriter (CLU) and one certificate in investment performance measurement (CIPM).
The firm works mostly with individuals, though it does have high-net-worth clients and a few corporate clients. It also does a small amount of business advising pension plans. There is an account minimum of $500,000.
Galvin, Gaustad & Stein Background
Galvin, Gaustad & Stein was founded in 2010 by Stephen R. Galvin, Stephen L. Gaustad and Mark P. Stein. All three men still work at the firm as investment advisors and principals. Galvin and Gaustad own the firm in its entirety.
The firm is data-driven, using analysis gathered from investors to improve performance. In addition to investment advising, the firm also offers retirement plan analysis, help with charitable giving and distribution planning. It also does portfolio management for businesses and institutional clients.
Galvin, Gaustad & Stein Investing Strategy
Galvin, Gaustad & Stein starts by performing a comprehensive analysis of a client’s existing portfolio. After that, it invests in multiple investment types, including stocks, bonds, CDs, mutual funds, ETFs and real estate. It also works with clients to create a distribution plan for when they retire. Investing strategies are customized based on clients’ desires and individual financial situations.
The firm corresponds with clients to go over liquidity constraints, risk preferences and other factors related to portfolio management and success. When deciding which mutual funds and ETFs to invest in, the firm looks at security expense ratio, total assets, manager style and style drift to find the best option for investment.
Versant Capital Management, Inc.
Versant Capital Management, Inc. has millions in assets under management (AUM). This fee-only firm has a high account minimum of $2 million, making it largely unaccessible to the average investor. It should, therefore, come as no surprise that the firm principally works with high-net-worth individuals and families. The rest of its client base consists of estates, trusts, pension plans, private foundations, charitable organizations and corporations.
Versant boasts a few advisory certifications that include seven certified financial planners (CFPs), two chartered financial analysts (CFAs) and one chartered alternative investment analyst (CAIA).
Versant Capital Management Background
Versant Capital Management has been in business since 2004 when it was founded by firm president and chief investment officer Thomas Connelly. The leadership team at the firm averages around 25 years of financial services experience. Versant is under the ownership of two trusts: The Connelly Family Trust and The Elizabeth M. Shabaker Revocable Trust. Thomas and Shauna Connelly and CEO Elizabeth Shabaker own these trusts, respectively.
This firm's services are divided between wealth management, investment advisory and wealth management.
Versant Capital Management Investing Strategy
In order to remain as comprehensive as possible, Versant Capital Management, Inc. looks not only to use historical analyses to inform its investment decisions, but also to employ proprietary forecasting. This information is then matched with the financial needs of clients to form a cohesive portfolio that could include stocks, bonds, exchange-traded funds, mutual funds and more. Diversification is another key to Versant's investment ideology, as this protects clients from remaining too reliant on a single investment or investment type.
Wellspring Financial Partners
Investment Metrics, LLC DBA Wellspring Financial Partners is a fee-only firm serving hundreds of individuals, high-net-worth individuals, retirement plans, trusts, estates, charitable organizations, corporations and other businesses. The team’s small staff of advisors features a certified financial planner (CFP) and a registered paraplanner (RP).
Wellspring doesn’t have a minimum account size requirement. For advisory services, the firm charges asset-based fees, hourly fees and fixed fees.
Wellspring Financial Partners Background
Wellspring began its operations in 2011. The firm provides portfolio management, financial planning and pension consulting services.
The firm’s sole shareholder and president is Patrick J. Zumbusch.
Wellspring Financial Partners Investment Strategy
When selecting and reviewing model portfolios, Wellspring focuses on balanced exposure to a wide range of asset classes utilizing passive investment strategies, according to its firm brochure. The firm also says it focuses on risk minimization for any level of return.
One of Wellspring’s primary investment tools is strategic asset allocation.
Windsor Capital Management, LLC
Fee-only firm Windsor Capital Management, LLC finishes off our ranking with hundreds of millions under its management. This firm has multiple advisors serving close to 1,200 clients. As for client types, Windsor mainly serves individuals, high-net-worth individuals, pension and profit sharing plans, charitable organizations and corporations.
The firm’s account minimum requirement varies based on account type. For example, fixed income accounts come with a minimum requirement of $200,000, while balanced style accounts come with a minimum account size of $400,000.
Windsor primarily charges asset-based fees and hourly fees for its advisory services.
Windsor Capital Management Background
Founded in 2000, Windsor specializes in portfolio management, financial planning, pension consulting and advisory consulting services.
Darren L. Whitehurst and Donald E. Peppler are Windsor’s principal owners.
Windsor Capital Management Investment Strategy
This firm employs several methods when evaluating securities and offering investment recommendations. These include charting analysis, technical analysis, fundamental analysis and cyclical analysis. As for investment strategies, Windsor normally uses long-term purchases, option writing, margin transactions and short-term purchases.
Windsor generally invests in fixed income and equity securities, exchange-traded funds (ETFs) and mutual funds.