Finding a Top Financial Advisor Firm in Bedford, New Hampshire
Bedford, New Hampshire has a relatively large selection of financial advisor firms to choose from. To help you sift through these options, SmartAsset has compiled this list highlighting the top firms in the city of Bedford. We cover a number of important factors for each firm, including their minimums, investment strategies, available services and more. To expand your search, use SmartAsset’s financial advisor matching tool. It connects you with up to three advisors who serve your area.
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|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||The Harbor Group, Inc. Find an Advisor||$1,325,621,457||No set account minimum|| || |
Minimum AssetsNo set account minimum
|2||Northeast Planning Associates, Inc. Find an Advisor||$255,646,737||No set account minimum|| || |
Minimum AssetsNo set account minimum
|3||Brophy Wealth Management, LLC Find an Advisor||$418,005,280||No set account minimum|| || |
Minimum AssetsNo set account minimum
|4||Milestone Financial Planning, LLC Find an Advisor||$382,780,986||No set account minimum|| || |
Minimum AssetsNo set account minimum
|5||BaldwinClarke Find an Advisor||$340,651,495||Varies by account type|| || |
Minimum AssetsVaries by account type
|6||Cohen Investment Advisors, LLC Find an Advisor||$151,793,393||$100,000|| || |
|7||Bartley Financial Advisors, LLC Find an Advisor||$114,398,720||No set account minimum|| || |
Minimum AssetsNo set account minimum
|8||Granite State Retirement Planning, Inc. Find an Advisor||$118,622,100||$750,000|| || |
|9||Apex Wealth Management, LLC Find an Advisor||$106,519,918||$250,000|| || |
What We Use in Our Methodology
To find the top financial advisors in Bedford, we first identified all firms registered with the SEC in the city. 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:
- AUMFirms with more total assets under management are ranked higher.
- Individual Client CountFirms who serve more individual clients (as opposed to institutional clients) are ranked higher.
- Clients Per AdvisorFirms with a lower ratio of clients per financial advisor are ranked higher.
- Age of FirmFirms that have been in business longer are ranked higher.
All information is obtained through public records and is updated annually after the firms’ form ADV filing. This list may include firms that have a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. Such relationships have no impact on our rankings, and firms are included and ranked based strictly on the above criteria. SmartAsset is not a client of the aforementioned firms, and did not receive compensation for including any of the firms on the aforementioned list.
The Harbor Group
The Harbor Group is a fee-based firm that manages assets for mostly non-high-net-worth and high-net-worth clients. It also works with some retirement plans and charitable organizations. There is no minimum account size at the firm.
As a fee-based firm, some advisors at the firm may earn commissions for selling insurance products. This is a potential conflict of interest, but the firm's fiduciary duty binds all advisors to act in the best interests of the client.
The advisory team includes eight certified financial planners (CFPs), one chartered financial analyst (CFA), one chartered financial consultant (ChFC), one certified public accountant (CPA), one chartered alternative investment analyst (CAIA) and one certificate in investment performance measurement (CIPM).
The Harbor Group Background
The Harbor Group was founded in 1981. It is owned by Timothy M. Riley, Chris MacBean and Ryan J. Callaghan. Riley is the firm’s president, CEO and chief compliance officer (CCO), while MacBean is chief planning officer (CPO) and Callaghan is chief investment officer (CIO). All also act as financial advisors.
Services at the Harbor Group include asset management services, financial planning, cash flow statements, strategic tax planning, review of retirement accounts, review of insurance policies, estate planning, education planning and retirement planning.
The Harbor Group Investment Strategy
The firm generally manages and evaluates portfolios based on client goals and objectives.
Northeast Planning Associates
Northeast Planning Associate (NPA) is a fee-based firm that works with non-high-net-worth and high-net-worth individuals. The leadership team at the firm includes two chartered financial consultants (ChFCs), three certified financial planners (CFPs), one chartered life underwriter (CLU), one certified investment management analyst (CIMA) and one certified kingdom advisor (CKA).
There is no overall minimum investment at this firm. Some advisors here earn commissions for selling securities as a broker or insurance products. This is a potential conflict of interest, but the firm's fiduciary duty means that advisors must act in the best interests of the clients.
Northeast Planning Associates Background
NPA was founded in 1984 and is primarily owned by founder Edward C Hiers, who serves as CEO, and Benjamin Hiers, who is its president. The firm was originally an insurance agency and became a registered investment advisor in 2004.
Services include investment advisory, financial planning, unaffiliated money managers and retirement plan advisory services.
Northeast Planning Associates Investment Strategy
Investment advice, insurance strategies and brokerage services are typically based on client financial goals, time horizon and risk tolerance. NPA generally invests client assets in mutual funds, and also manages cash or cash equivalents, stocks and structured notes and annuities.
Fundamental analysis is the most important tool advisors at NPA use to make investment decisions, but advisors may also employ technical analysis and other methods.
Brophy Wealth Management
Brophy Wealth Management is a fee-based advisory firm that works mostly with non-high-net-worth and high-net-worth individuals. Institutional clients include pensions and profit-sharing plans and charitable organizations.
The advisory team holds multiple certifications, including four certified financial planners (CFPs), two chartered retirement planning counselors (CRPCs), two chartered life underwriters (CLUs), two chartered financial counselors (ChFCs), one certified public accountant (CPA) and one personal finance specialist (PFS).
Some advisors earn commissions as brokers or insurance agents. This is a potential conflict of interest, but the firm is a fiduciary and must act in the client’s best interest.
The firm does not have a set account minimum.
Brophy Wealth Management Background
The firm was founded in 1995. It was founded by Stephen A. Brody, who remains the majority owner. James S. Brophy is also a partner.
Services at the firm include investment management, financial consulting, financial analysis and wealth planning.
Brophy Wealth Management Investing Strategy
Individual stocks and mutual funds typically make up the majority of investments at BWM. The firm also holds cash and invests in various types of bonds.
A mix of fundamental and technical analyses are used to make investment decisions for clients at the firm.
Milestone Financial Planning
Milestone Financial planning is a fee-only firm that manages assets for high-net-worth and non-high-net-worth individuals. Institutional clients include charitable organizations.
There are a handful of advisors on staff at the firm. The team includes five certified financial planners (CFPs) and two certified public accountants (CPAs). There is no minimum account size at Milestone.
Milestone Financial Planning Background
The firm was founded in 2002. It was formed through the merger of two other firms: WJM Financial, LLC and Milestone Financial Planning, Inc. The merger was made by the two firms’ original owners, Jean Fullerton and Jennifer L. Climo. Climo still owns the firm, along with Jonathan Harrington and Kathryn Lund-Wilde.
Services include investment management, financial planning, tax planning, cash flow analysis, insurance review, education funding analysis, retirement planning and estate planning.
Milestone Financial Planning Investment Strategy
Mutual funds make up most of the investments for Milestone clients, with a small percentage going into individual stocks.
Investment decisions are made with other financial planning concerns like taxes and estate plans in mind. Most of the mutual funds used by advisors are only available to institutional investors or through advisors.
BaldwinClarke is a fee-based advisor firm that manages assets for non-high-net-worth and high-net-worth individuals, as well as pension and profit sharing plans, charitable organizations and corporations. The firm's investment minimums are fairly low, as they range from $500 up to $3,000 depending on the type of account you're looking for.
The advisory team holds multiple certifications, including chartered life underwriter (CLU), certified financial planner (CFP), chartered financial consultant (ChFC) and more.
Some advisors earn commissions for selling insurance products. This can present a potential conflict of interest, but the firm's fiduciary duty means that advisors must always act in the best interest of clients.
BaldwinClarke was founded in 1985. Charles Baldwin and John Clarke each own 50% of the firm.
The firm’s services include asset management, financial planning, estate planning, wealth transfer planning and business continuity planning.
BaldwinClarke Investment Strategy
The advisors at BaldwinClarke tailor strategies for each client, but long-term strategic portfolios are generally the approach taken. All client money is invested in mutual funds, with no investments put into individual stocks, bonds or other securities.
Cohen Investment Advisors
Cohen Investment Advisors is a one-advisor fee-only firm, which means it does not collect transaction-based fees. Its only compensation is from advising or managing the financial accounts of clients. In addition to its office in Bedford, the practice has offices in Boston and Boca Raton.
Clients who do not have high net worths outnumber those who do by roughly two-to-one. The firm also serves pooled investment vehicles. Generally, the minimum to open an account is $100,000, though it may accept those with less than that.
Cohen Investment Advisors Background
Daniel Cohen formed his namesake firm in 2013. He is the sole owner and serves as CEO, chief investment officer (CIO) and chief compliance officer (CCO).
The firm offers investment management primarily on a discretionary basis, but also will provide it on a non-discretionary basis. It also offers financial planning, which is included in its investment management services or offered on a consulting basis.
Cohen Investment Advisors Investing Strategy
Cohen Investment Advisors uses various models based on its research that primarily invest in individual debt and equity securities, mutual funds and exchange-traded funds (ETFs). Occasionally, it will allocate assets to independent investment managers. Also, the firm may provide advice on the securities components of variable annuities and variable life insurance contracts. To accredited investors it may provide guidanace about privately placed securities, which may include debt, equity and interests in pooled investment vehicles.
When evaluating securities, the firm largely uses fundamental analysis. It may also consider technical and cyclical factors.
Bartley Financial Advisors
Bartley Financial Advisors is a heavily individual-centric firm, as the vast majority of its clients are represented by those with and without a high net worth. The firm also doesn't have a minimum investment requirement, though a minimum annual fee may be negotiated. Bartley's other clients include retirement plans and charities.
As a fee-only firm, all of Bartley's compensation comes directly from client-paid fees as opposed to third-party sales commissions. The firm's team of advisors also includes two certified financial planners (CFPs) and two certified public accountants (CPAs).
Bartley Financial Advisors Background
Bartley Financial Advisors was established back in 2000 by founder and chief investment officer (CIO) Robert Bartley. Through a trust, Bartley still owns the firm, and he has nearly three decades of experience.
The individual services at Bartley are made up of three main focal points: investments, financial planning and taxes. The firm also has a "wildcard" services that indicates the firm can adjust things according to clients' specific needs.
Bartley Financial Advisors Investing Strategy
Bartley Financial Advisors works directly with each client at the outset of their advisory relationship. This is intended to provide a starting point during which the client can air out their concerns, describe the current state of their finances and work with their advisor to build an investor profile. Factors that will come out of this conversation include risk tolerance, time horizon, income and liquidity needs and long-term financial goals.
Granite State Retirement Planning
Only a single advisor works at Granite State Retirement Planning, and his name is Dan Hagler. Hagler has his own retiree-focused system that's called "The Protected Retirement Process®." According to the firm's website, this system is designed to do the following:
- Help people reduce income taxes
- To ensure that your investments last throughout retirement
- To ensure your dream retirement is achieved
It should come as no surprise that Granite State's services are heavily centered around retirement planning for individuals. The firm's client base has a nearly even split between those with and without a high net worth. There's also a $750,000 investment minimum at Granite State, though this is negotiable.
Advisors at this firm can sell insurance and securities on a commission basis, which is a potential conflict of interest. The firm abides by fiduciary duty, though, meaning it must act in clients' best interests.
Granite State Retirement Planning Background
Founded in 2006, Granite State Retirement Planning has been around for nearly two decades. Hagler not only created the firm, but he still wholly owns it today.
Again, retirement planning is the central point of focus at Granite State. However, things aren't that simple, as the firm attacks these services from a number of different angles, including tax planning, investment management and more.
Granite State Retirement Planning Investing Strategy
Granite State Retirement Planning typically invests client assets in some combination of the following:
- Exchange-traded funds (ETFs)
- Mutual funds
- Variable and fixed annuities
The selection of these investments in client portfolios are entirely determined by their specific needs and financial situation. In fact, the firm will build investment plans based on your time horizon, risk tolerance, income needs and overall financial objectives.
Apex Wealth Management
Apex Wealth Management is a fee-only advisory firm. This is the opposite of a fee-based firm, which is a firm that receives commissions from the sale of financial products to clients. In other words, Apex Wealth has no such commissions as part of its compensation structure.
Less than 100 individual clients work with the advisors at Apex Wealth. The majority of them have a high net worth, with the rest coming in below that threshold. The firm also has a $250,000 investment minimum, though this may be reduced at the discretion of the firm.
Apex Wealth Management Background
Apex Wealth Management is an extremely young operation, as it was founded in 2021. Its sole owner is firm president and chief compliance officer (CCO) Derek DeAngelis. He also has around two decades of experience in the financial services industry.
Services available through this firm include comprehensive investment management, retirement planning, income planning, risk management, estate planning, charitable gift planning, education fund planning and more.
Apex Wealth Management Investing Strategy
According to its SEC-filed Form ADV, Apex Wealth Management "works closely with each client to identify their investment goals and objectives, as well as risk tolerance and financial situation, in order to create a portfolio strategy." This means the firm's investment services are entirely customizable to the specifics of what you're looking for.
When it actually comes time to invest your money, Apex focuses on a small selection of security types. These include mostly exchange-traded funds (ETFs), as well as individual stocks and mutual funds more sporadically.