Finding the Top Financial Advisors in Boca Raton, FL
To find a financial advisor, you have to do some serious digging into government documents, websites and databases. But we did all that hard work for you. The team at SmartAsset dove into the research to bring you the top 10 financial advisory firms in Boca Raton, Florida. We considered key factors such as investment minimums, scope of services offered and fee structure.
|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||Baron Silver Stevens Financial Advisors, LLC Find an Advisor||$671,096,664||$500,000|| || |
|2||Noesis Capital Management, Corp Find an Advisor||$550,748,931||$500,000|| || |
|3||Biltmore Capital Advisors, LLC Find an Advisor||$519,439,416||Varies based on program|| || |
Minimum AssetsVaries based on program
|4||Gaines Financial Group, Inc. Find an Advisor||$402,616,272||$500,000|| || |
|5||Singer Wealth Advisors, Inc. Find an Advisor||$207,272,796||$250,000|| || |
|6||Comprehensive Wealth Solutions, LLC Find an Advisor||$252,492,430||No set account minimum|| || |
Minimum AssetsNo set account minimum
|7||Investment Advisory Professionals, LLC Find an Advisor||$235,000,000||$500,000|| || |
|8||Winning Points Advisors, LLC Find an Advisor||$232,233,164||No set account minimum|| || |
Minimum AssetsNo set account minimum
|9||Royal Capital Management, LLC Find an Advisor||$154,493,044||$50,000|| || |
|10||Sky Alpha Asset Advisors LLC Find an Advisor||$247,167,637||No set account minimum|| || |
Minimum AssetsNo set account minimum
How We Found the Top Financial Advisors in Boca Raton, FL
To find the top financial advisors in Boca Raton, Florida, 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:
Baron Silver Stevens Financial Advisors, LLC
Baron Silver Stevens Financial Advisors, LLC offers a variety of portfolio management and financial planning services.
According to the most recent SEC data, the firm works with individuals, high-net-worth individuals, pension plans and charitable organziations.
The firm’s team features four certified financial planners (CFPs), one chartered life underwriter (CLU), one accredited estate planner (AEP) and one certified divorce financial analyst (CDFA).
The firm collects fees for its investment advisory services, but its associated persons may receive additional compensation from the sale of products like mutual funds or insurance. To open an advisory account with Baron Silver Stevens, you’d need a minimum investment of $500,000. Advisors may earn commissions. This is a potential conflict of interest, but advisors must always act in the client's best interest.
Baron Silver Stevens Financial Advisors Background
Baron Silver Stevens has been providing investment advisory services since 2000. The firm breaks down its services into four different sectors:
Through its Vision 2020 Wealth Management Platform, the firm provides portfolio management services utilizing asset-allocation software. The firm uses this technology and other sources to customize investment portfolios built with an asset allocation that seeks to adhere to your personal circumstances such as investment goals and tolerance for risk.
Also through its Vision 2020 Wealth Management Platform, the separately managed account (SMA) and unified management account (UMA) program extends similar services along with brokerage and custodial services through a wrap-fee program.
The firm also provides model portfolios through program managers like Russell Investment Management Company and SEI Investments Management Corporation.
Additionally, Baron Silver Stevens runs a financial planning program that can assist you in various areas including tax strategies, estate planning, charitable giving and retirement planning.
Baron Silver Stevens Financial Advisors Investment Strategy
Baron Silver Stevens can undertake various investment strategies based on the program you choose. For instance, you’d have access to model portfolios and asset-allocation software. Most of these programs utilize mutual funds, exchange-traded funds (ETFs), equities and bonds. The firm may also allocate your assets to other types of securities if it deems them appropriate to your circumstances.
Noesis Capital Management Corp
Noesis Capital Management (NCM) Corp. works primarily with individuals and high-net-worth individuals, as well as pension and profit sharing plans and corporations. To open a portfolio with NCM, you’d need at least $500,000.
Working with NCM, you’d have access to four certified financial planners (CFPs), three certified public accountants (CPAs), two chartered financial analysts (CFAs) and one certified investment management analyst (CIMA).
The firm’s advisory services are fee-only.
Noesis Capital Management Background
NCM was founded in 1995, but registered as an investment advisor with the SEC in 2001. It is currently owned by Nicolaas B. M. Letschert, Elisabeth A. J. Letschert and Jeremiah Spitzberg.
Noesis Capital Management Investing Strategy
NCM takes an active approach when investing client assets among equities and related securities. The firm attempts to find companies it believes are profitable, competitive and offer superior products or services and “have sustainable above average growth and earnings predictability.”
In addition, the firm aims for diversification when it comes to building portfolios. It also considers exposure to foreigh markets. The firm says, “Despite periodic volatility abroad in dollar terms, we believe international portfolio diversification can, at times, increase total long-term returns due to rapid economic growth in many foreign countries.”
Biltmore Capital Advisors, LLC
To receive portfolio management services from Biltmore Capital Advisors, you generally need a minimum investment of $1 million. However, the minimum drops to $250,000 for its Biltmore Capital Select program.
The fee-only firm primarily works with high-net-worth and non-high-net-worth individuals, as well as pension and profit-sharing plans and corporations.
The firm’s executive team boasts impressive experience in the financial services industry. CEO Tyler Vernon, for instance, has been recognized multiple times as a Five Star Wealth Advisor in New Jersey. His research has also been featured in the Wall Street Journal, Forbes and Seeking Alpha.
Biltmore Capital Advisors earns fees for only the services it provides to you. These are independent of additional fees your accounts may incur such as brokerage transaction fees and fund expense ratios. The firm generally recommends that clients utilize the brokerage and clearing services of Charles Schwab & Co. and TD Ameritrade.
Biltmore Capital Advisors Background
Biltmore Capital Advisors emerged in 2007. It’s currently owned by Daniel Tyler Vernon and Timothy J. Ralph. The firm specializes in wealth management, risk management, financial planning, estate planning and executive management.
Biltmore Capital Advisors Investment Strategy
The firm generally employs investment strategies based on the individual profile of the client. So it takes into account factors like risk tolerance, financial situations and long-term investment goals. It mainly constructs portfolios with stocks, bonds, money markets and other investments to meet client goals. It may also utilize model portfolios and independent managers.
Gaines Financial Group, Inc.
Gaines Financial Group, Inc. is a fee-based firm requiring a minimum investment of $500,000. According its most recent filings with the SEC, the firm works primarily with individuals who do not have high net worths and high-net-worth clients, as well as pension and profit sharing plans, and corporations.
The firm earns its fees from the services it provides to you. However, some of its employees may be affiliated with broker-dealers. Through this arrangement, they may earn commissions by selling specific investment products in their individual capacity. This is a conflict of interest but the advisors must always act in the best interest of the client.
Gaines Financial Group Background
Gaines Financial Group formed in 1996, but registered as an investment advisor in 2011. It can create a holistic financial plan for its clients that touches on various aspects of money management including insurance, taxes, retirement planning and estate planning.
Patrick S. Gaines primarily owns the fee-based firm.
Gaines Financial Group Investment Strategy
The practice seeks to build an investment portfolio with an asset allocation that reflects your long-term goals, risk appetite and other factors. It generally recommends mutual funds and exchange-traded funds (ETFs). Fundamental analysis primarily drives its securities selection. The firm says that this “involves analyzing individual companies and their industry groups, such as a company's financial statements, details regarding the company's product line, the experience and expertise of the company's management and the outlook for the company's industry.”
Singer Wealth Advisors, Inc.
Singer Wealth Advisors, Inc. (SWA) works primarily with individuals and high-net-worth individuals, as well as pension and profit-sharing plans and corporations.
As a fee-based firm, some of SWA’s advisors may be licensed to sell insurance and investment products and could earn commissions on those transactions. But the firm’s fiduciary obligations require the team to act in the best interests of clients.
SWA has a portfolio management account minimum of $250,000. This requirement can be waived based on the firm’s discretion. Clients are also charged an annual fee that is based on a percentage of their assets under management, ranging between 1.5% and 2%.
Singer Wealth Advisors Background
Founded in 2014, and the principal owner of SWA its president Keith Singer.
The firm’s financial team holds multiple certifications, including one certified financial planner (CFP) and one certified public accountant (CPA).
Singer Wealth Advisors Strategy
The firm relies on fundamental analysis, long-term trading and tactical analysis, among other strategies and investments to manage and evaluate client portfolios.
SWA offers portfolio management services based on client financial goals, time horizon and risk tolerance. These include:
- Investment strategy
- Personal investment policy
- Asset allocation
- Asset selection
- Risk tolerance
- Regular portfolio monitoring
Comprehensive Wealth Solutions, LLC
Comprehensive Wealth Solutions, LLC does not impose an account minimum for its investment advisory services.
According to the most recent SEC data, the practice works primarily with high-net-worth and non-high-net-worth individuals.
This is a fee-based firm, meaning some advisors may earn commissions for selling products to clients. This is a potential conflict of interest, but advisors must always act in the best interest of the client.
Comprehensive Wealth Solutions Background
Comprehensive Wealth Solutions has been providing investment advisory services since 2004. The principal owner is Gary Dennis.
The firm also creates long-term financial plans tailored to your goals. This may address several aspects of your financial life including retirement savings and estate planning.
Comprehensive Wealth Solutions Investment Strategy
Comprehensive Wealth Solutions allocates client assets among third-party managers selected based on third-party investment manager research. Their strategies mainly involve investing in mutual funds and exchange-traded funds (ETFs) based on specific personal factors such as your appetite for risk and time horizon.
Investment Advisory Professionals, LLC
Investment Advisory Professionals (IAP), LLC is a fee-only, meaning advisors earn compensation solely from client fees. Representatives do not earn commissions, kickbacks or other fees from third-party sources such as mutual fund and insurance companies. In addition, the firm’s by-laws prohibit members from registering as representatives of broker-dealers.
IAP works with both non-high-net-worth and high-net-worth individuals, as well as pension and profit sharing plans. To open an investment advisory account with the firm, you’d need a minimum of $500,000.
The team at IAP holds multiple certifications, including three certified public accountants (CPAs) and two certified financial planners (CFPs).
Investment Advisory Professionals Background
IAP first opened its doors in 1998. Arthur J. Canter, Mark D. Miclean and Alexandra Demosthenes own the firm today. All still work for the firm. The team specializes in several areas of financial planning including tax preparation, estate planning, retirement savings and family office services. The firm also offers portfolio management services.
Investment Advisory Professionals Investment Strategy
IAP generally invests client assets across equities and fixed-income sectors in order to create a diversified portfolio that adheres to individual financial circumstances and investment goals.
For equity exposure, it generally uses mutual funds that aim to capture the return of specific markets such as large-cap stocks and small-cap international stocks. The firm says, “We tilt your portfolio's balance to have a higher than average exposure to smaller and ‘value’ stocks, both in the U.S. and overseas.” It notes this is because studies have shown that small value stocks have greater returns over time than large growth stocks.
To give your portfolio exposure to fixed-income, the firm typically uses investment-grade individual bonds from the U.S. Treasury, municipalities, government agencies and major U.S. corporations.
Winning Points Advisors, LLC
Winning Points Advisors (WPA), LLC is an investment advisory with no minimum investment to open an account with the firm. However, WPA may close your account if it deems it too small to properly manage.
The firm’s advisory team collectively has more than 100 years of experience in the financial services industry. CEO Charles Stoll holds several professional designations including certified financial planner (CPF), certified public accountant (CPA) and personal financial specialist (PFS).
WPA works primarily with both non-high-net-worth and high-net-worth individuals, as well as investment companies.
WPA functions as a fee-based firm. Certain employees may be licensed insurance agents and so earn commissions from selling insurance products in their individual capacity, but advisors must always act in the best interest of the client.
Winning Points Advisors Background
WPA has been providing investment advisory services since 1990. Its principal owner is Charles S. Stoll, who still serves on the firm’s advisory team. The advisory business primarily engages in portfolio management services. But it can also create an overall financial plan based on your needs. This plan can cover such aspects of your financial life as retirement savings, trust management and estate planning.
Winning Points Advisors Investment Strategy
WPA is open to virtually the entire investment universe and will make recommendations based on individual factors such as your risk appetite and long-term financial goals. Based on your criteria, your portfolio may invest in various securities including:
- Mutual funds
- Exchange-traded funds (ETFs)
Royal Capital Management, LLC
Royal Capital Management, LLC works primarily with individuals and high-net-worth individuals. As a fee-only firm, it does not collect commissions on trades or the sale of certain products.
Royal Capital has a portfolio management account minimum of $50,000. However, clients may be able to negotiate this requirement.
Royal Capital Management Background
Founded in 1975, the firm first adapted the name Royal Capital Management when if filed as a registered investment advisor in 1997. Royal Capital’s president, Richard Daniel DuPuis, is the principal owner.
The firm’s financial team holds the certified financial planner (CFP) certification.
Royal Capital Management Strategy
The firm relies on fundamental analysis, long-term trading and tactical analysis, among other strategies and investments to manage and evaluate client investment portfolios.
- Investment management
- Retirement planning
- Insurance and financial planning
Sky Alpha Asset Advisors LLC
Sky Alpha Asset Advisors' services range from budgeting to retirement and estate planning. According to SEC records, the firm works mostly with both high-net-worth and non-high-net-worth individuals.
Sky Alpha does not set an account minimum for investment advisory services, but the firm could close an account if it's too small to manage effectively. The team features one chartered financial analyst (CFA).
This is a fee-based firm, which means that certain affiliates may collect transaction-based compensation separate from the fees the firm collects. For example, some of its investment advisor representatives may be licensed to sell insurance products, for which they may earn commissions, but advisors must always act in the best interest of the client.
Sky Alpha Asset Advisors Background
The firm has been providing investment advisory services since 2018. Its current owners are Michael J. Shatsky and Alex Lee. The firm can tailor a financial plan to your needs in order to help you meet different objectives such as saving for retirement or leaving behind a legacy. But it specializes in customized investment solutions.
Sky Alpha Asset Advisors Investment Strategy
Sky Alpha generally offers advice on investing in equities, bonds, mutual funds and exchange-traded funds (ETFs). However, the firm may recommend other types of securities if it deems them appropriate based on your risk tolerance, investment goals and overall financial situation.
The securities selection process is driven by several strategies and by Modern Portfolio Theory. This suggests that you can aim for high returns and hedge against market volatility by diversifying your portfolio with different asset classes.
The firm suggests you seek a certified public accountant (CPA) or similar professional to discuss the tax implications of your investments.