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. Finding 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. If you’d like a more tailored recommendation, you can also use SmartAsset’s financial advisor matching tool to find a nearby advisor who suits your needs.
|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||TCI Wealth Advisors, Inc. Find an Advisor||$2,603,521,800||$1,000 minimum fee|| || |
Minimum Assets$1,000 minimum fee
|2||Belpointe Asset Management, LLC Find an Advisor||$1,016,537,700||No set account minimum|| || |
Minimum AssetsNo set account minimum
|3||Total Investment Management, Inc. Find an Advisor||$1,010,023,110||$600 minimum annual fee|| || |
Minimum Assets$600 minimum annual fee
|4||Versant Capital Management, Inc. Find an Advisor||$909,281,600||$2,000,000|| || |
|5||Householder Group Estate & Retirement Specialists Find an Advisor||$769,992,200||$50,000|| || |
|6||Galvin, Gaustad & Stein, LLC Find an Advisor||$718,098,500||$500,000|| || |
|7||BCJ Capital Management Find an Advisor||$693,000,000||$100,000|| || |
|8||Windsor Capital Management, LLC Find an Advisor||$530,434,000||Varies based on account type|| || |
Minimum AssetsVaries based on account type
|9||WealthTrust Arizona, LLC Find an Advisor||$436,115,800||$1,000,000|| || |
|10||TMD & Associates, Inc. Find an Advisor||$412,691,000||$750,000|| || |
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.
TCI Wealth Advisors, Inc.
TCI Wealth Advisors, Inc. has more than $2.6 billion in assets under management (AUM), making it the biggest firm on our list by that metric. The firm has 22 advisors, and its staff includes 17 certified financial planners (CFPs), five certified public accountants (CPAs), three chartered financial analysts (CFAs), two accredited estate planners (AEPs), one certified trust and financial advisor (CTFA), one accredited asset management specialist (AAMS), one certified estate planner (CEP), one accredited investment fiduciary (AIF) and one certified plan fiduciary advisor (CPFA).
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, Inc. 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. It was named one of the top 300 financial advisors in the U.S. by Financial Times in 2017 and 2018.
TCI Wealth Advisors, Inc. 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 just over $1 billion in client assets under management (AUM). Belpointe employs a 72-person advisory 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, LLC 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, LLC 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.
Total Investment Management, Inc.
Total Investment Management, Inc. is a fee-based firm in Scottsdale that caters to aviation professionals. It has more than $1 billion in assets under management and employs six 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.
Versant Capital Management, Inc.
Versant Capital Management, Inc. has a little more than $900 million 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 five certified financial planners (CFPs), two chartered financial analysts (CFAs), one certified public accountant (CPA) and one chartered alternative investment analyst (CAIA).
Versant Capital Management, Inc. 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, Inc. 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.
Householder Group Estate & Retirement Specialists
Householder Group Estate and Retirement Specialist is a fee-based firm based in Scottsdale. In addition to advisory fees, advisors may earn commissions in their role as a broker-dealer selling investment products. The firm is still bound by fiduciary duty to act in the client’s best interest. The firm has 52 advisors in multiple states, including nine certified financial planners (CFPs), seven certified estate planners (CEPs), four chartered retirement planning counselors (CRPCs), three chartered financial consultants (ChFCs) and more.
Householder Group requires a $50,000 minimum investment. It mainly works with individual investors, but it does have some business from high-net-worth individuals. Householder Group also advises some pension plans, charitable organizations and other corporate entities.
Householder Group Estate and Retirement Specialist Background
Householder Group Estate and Retirement Specialist was founded in 1997 by Scott Householder, who still serves as the firm’s CEO. In 1999, it bought an advisory firm in Los Angeles, and in 2001 it continued its expansion in Southern California, opening satellite offices in Orange County. It is owned by a trust, with a Householder family member serving as the trustee.
In addition to wealth management, the firm publishes newsletters and provides financial education services. It also engages in pension consulting and portfolio management.
Householder Group Estate and Retirement Specialist Investing Strategy
Householder Group Estate and Retirement Specialist provides a investing strategy based on your personal preferences and situation. Investments used in client portfolios include cash, securities, U.S. government securities, foreign government securities, debt and mutual funds. The firm will be aggressive or conservative in its investment approach based on the desires of the client.
Advisors at the firm use a variety of management strategies. Depending on the wishes of the client, they will use either a passive buy-and-hold strategy or an aggressive market-timing strategy.
Galvin, Gaustad & Stein, LLC
Galvin, Gaustad & Stein LLC is a Scottsdale-based, fee-only firm. The firm has more than $718 million in assets under management (AUM). It has 11 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 LLC 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 LLC 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.
BCJ Capital Management
BCJ Capital Management is a fee-based firm in Scottsdale. In addition to fees, advisors may earn additional compensation from the sale of mutual funds or other financial products to clients. However, the firm is a fiduciary, meaning it’s required to act in clients’ best interests.
BCJ Capital Management has $693 million in assets under management (AUM). There are 31 advisors on staff, including six certified financial planners (CFPs), six chartered financial consultants (ChFCs) and five chartered life underwriters (CLUs).
BJC Capital Management has an investment minimum of $100,000. It mostly advises individuals but also does business with high-net-worth individuals, pension plans and charitable organizations.
BCJ Capital Management Background
BCJ Capital Management was founded in 1996. It is principally owned by the members of its executive team, including president Kevin Bauer, vice president Stephen Captain, CEO Justin Young, CFO Andrea Bauer and members Mark Johnson and Ben Bimson.
The firm offers wealth management, investment services and estate planning. In addition to the firm’s work with individuals, it also advises businesses on financial matters. This includes planning for employee benefits, executive planning and compensation planning.
BCJ Capital Management Investing Strategy
BCJ Capital Management has a flexible investing strategy so it can better align it with a client’s goals and preferences. It uses its own model portfolios, as well as those from third parties.
Generally, the firm does not use margin levering or short-term trading, though it may employ both strategies if the circumstances warrant it. Typical investments include securities, mutual funds and ETFs. When picking mutual funds, the firm considers past performance, analysis of risk-adjusted returns and manager philosophy.
Advisors also use insurance strategically. The firm decides how and if to use insurance products as part of a financial portfolio based on a client’s financial situation and family factors.
Windsor Capital Management, LLC
Windsor Capital Management is a fee-only firm based in Phoenix with more than $530 million in assets under management (AUM). It has six advisors on staff. The firm works with clients across the country, and it also has an office in Illinois and a contact in Southern California.
Windsor Capital Management primarily serves individuals and high-net-worth individuals, but it does do some business with pension plans. It requires different minimum account balances for different services and programs. They go as follows:
- $5,000 for web-based clients
- $200,000 for fixed-income style accounts
- $400,000 for balanced-style accounts
Notably, Windsor Capital Management was named one of the top 10 financial advisors in Phoenix for 2018 by AZ Business Magazine.
Windsor Capital Management, LLC Background
Windsor Capital Management was founded in 2000. It is principally owned by president and CEO Darren L. Whitehurst and chief investment officer Donald E. Peppler.
In addition to individual wealth management, the firm manages retirement plans. It also provides assistance to unaffiliated registered investment advisors who do not work directly for the firm.
Windsor Capital Management, LLC Strategy
The primary investment types that Windsor Capital Management uses in client portfolios are individual fixed income and equity securities, ETFs and closed-ended mutual funds. The company generally does not offer advice on individual stocks as part of its standard advising relationship, thought it may do so as part of its proprietary model stock portfolios.
Clients can expect a diversified portfolio. Chart analysis, technical analysis and fundamental analysis are all used to create client portfolios. The firm generally prefers long-term purchases over shorter-term investments.
WealthTrust Arizona, LLC
WealthTrust Arizona is a fee-based financial advisor firm based in Scottsdale. In addition to fees, advisors may earn commissions from the sale of certain financial products like insurance investments, variable annuities and real estate investment trusts. However, the firm is a fiduciary, requiring it to always act in clients’ best interests.
The firm has more than $436 million in assets under management (AUM) and five advisors on staff. This includes two certified financial planners (CFPs), one certified fund specialist (CFS), one chartered mutual fund counselor (CMFC) and one chartered financial consultant (ChFC).
The firm works both individuals, high-net-worth individuals, pension plans, trusts, estates, charitable organizations and businesses. The account minimum is $1 million.
WealthTrust Arizona Background
WealthTrust Arizona was founded in 2006. Its roots go back to 1996, when current employees began performing the advisory business the firm specializes in today. The firm is primarily owned by Hightower Advisors and two of the firm’s partners, Paul Ahern and Ben Wilson.
Unlike many of the other firms on this list, WealthTrust does not provide tax or accounting services. However, If clients wants those services, the firm will help connect them with the appropriate professionals.
WealthTrust Arizona Investing Strategy
Two key aspects of WealthTrust Arizona’s investing strategy are customization and control. First, the firm recognizes the need to create an investing plan that works for each individual investor, rather than trying to use the same investing ideas for all of its clients. After a plan is devised, the firm doesn’t move forward on anything before getting complete approval from the client, giving clients the ultimate control in their financial futures.
Investors will get a mix of long-term and short-term investments in their portfolios. Investments the firm typically uses include mutual funds, ETFs, debt, government securities and variable annuities.
TMD & Associates, Inc.
Fee-based financial advisor firm TMD & Associates, Inc. is based out of Scottsdale. The firm's services are built for high-net-worth individuals, non-high-net-worth individuals, retirement plans, businesses, estates and trusts. More specifically, TMD states it consistently works with “business owners, corporate executives, professional athletes and similarly affluent clients.” You will need at least $750,000 in investable assets to work with this firm.
TMD employs four certified financial planners (CFPs), one certified public accountant (CPA), one accredited investment fiduciary (AIF) and one certified plan fiduciary advisor (CPFA). This is a solid number of advisory certifications for a firm with just five financial advisors on staff.
Insurance may be offered to clients of this firm. While sales may result in commissions for some of the firm’s advisors, remember that this firm is a fiduciary and it therefore must act in your best interest at all times.
TMD & Associates, Inc. Background
President and CCO Todd Douma founded TMD & Associates, Inc. back in 1994. On average, the advisory team at TMD has spent 15 years in the financial services industry.
Financial planning and wealth management are at the core of TMD's services. Clients can take advantage of retirement planning, estate planning, risk management, investment planning and analysis, financial plan evaluations and more. Institutional clients will receive consulting for their pension plans.
TMD & Associates, Inc. Investing Strategy
TMD & Associates, Inc. has built model portfolios that clients are paired with according to their current financial situation and other characteristics, such as risk tolerance, time horizon and liquidity needs. In an attempt to combine the benefits of different investment strategies, TMD's advisors look to combine parts of active and passive management when working with clients' portfolios.
For the most part, this firm sticks to the following investment types:
- Domestic stocks
- Foreign stocks
- Large cap stocks
- Small cal stocks
- Corporate bonds
- Government bonds
- Mutual funds