Finding a Top Financial Advisor Firm in Colorado Springs, Colorado
Finding the right financial advisor can be a daunting task. This list, compiled by SmartAsset after hours of research, shows the top firms that serve Colorado Springs, Colorado, ranked by assets under management. Below, we detail each firm’s account minimum, investment strategy, certifications and other important information. To find an individual advisor, use SmartAsset’s financial advisor matching tool, which can connect you with financial advisors near you. For information on every advisor who serves your area, explore SmartAdvisor Match.
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|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||First Affirmative Financial Network, LLC Find an Advisor||$915,793,020||Varies based on account type|| || |
Minimum AssetsVaries based on account type
|2||The Corundum Group, Inc. Find an Advisor||$1,282,615,472||No set account minimum|| || |
Minimum AssetsNo set account minimum
|3||Seamount Financial Group, Inc. Find an Advisor||$546,000,000||$500,000|| || |
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|4||Altus Wealth Group, LLC Find an Advisor||$379,965,423||$250,000|| || |
|5||Rainsberger Wealth Advisors Find an Advisor||$307,665,095||Varies based on account type|| || |
Minimum AssetsVaries based on account type
|6||Petra Financial Advisors, Inc. Find an Advisor||$248,967,083||No set account minimum|| || |
Minimum AssetsNo set account minimum
|7||Intergy Private Wealth, LLC Find an Advisor||$245,760,853||No minimum requirement|| || |
Minimum AssetsNo minimum requirement
|8||Credentialed Wealth Advisors, LLC Find an Advisor||$155,789,368||No minimum requirement|| || |
Minimum AssetsNo minimum requirement
|9||Three Points Financial, Inc. Find an Advisor||$111,992,675||No required minimum|| || |
Minimum AssetsNo required minimum
|10||Bauer Wealth Management Inc. Find an Advisor||$104,311,462||$1,000,000|| || |
What We Use in Our Methodology
To find the top financial advisors in Colorado Springs, 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.
First Affirmative Financial Network, LLC
First Affirmative Financial Network is a fee-based firm and a subsidiary of Folio Parent, meaning it’s part of a larger network of companies and advisors. Certain advisors can receive compensation from the sale of insurance products to clients. While this presents a potential conflict of interest, the firm's fiduciary duty legally requires it to act in clients' best interests.
You’ll need at least $50,000 to enter into an investment relationship with this firm. This is one of the lowest account minimums on this list. As such, it’s no surprise that nearly every client this firm has is not considered high-net-worth. First Affirmative Financial Network certifications include accredited investment fiduciary (AIF), certified financial planner (CFP) and chartered financial analyst (CFA).
First Affirmative Financial Network, LLC Background
Founded in 1999, First Affirmative Financial Network, LLC has a large network of advisors and asset managers that handle your money, depending on where you’re located in the U.S. The firm offers a multitude of financial services. These include portfolio management for individuals and businesses, pension consulting, educational workshops and various publications.
First Affirmative Financial Network, LLC Investment Strategy
First Affirmative Financial Network, LLC is unique in that much of its focus is on sustainable investing. This investing style is built on the belief that the way it invests and uses your money has a direct correlation to the future of the environment and the world.
The most common investments this firm uses are exchange-traded funds (ETFs), mutual funds and separate account managers, with your risk tolerance and goals informing the firm’s final decision on where to allocate your assets. Rebalancing is another pillar that First Affirmative relies on to ensure your portfolio maintains its target asset allocation.
The Corundum Group, Inc.
Fee-only The Corundum Group, Inc. is situated in west Colorado Springs and employs a small staff of financial advisors. The firm was once an independent operation, but it is now the wealth management division of Central Bancorp, Inc. There are no listed advisory certifications across the team at this firm.
There are no account balance minimums.
Over half of The Corundum Group's clients are individuals beneath the high-net-worth threshold. However, the firm does work with its fair share of high-net-worth individuals who, according to its Form ADV, usually have more than $1 million of investable assets. Other typical clients of the firm include trusts, foundations, retirement plans, partnerships and non-profit organizations.
The Corundum Group, Inc. Background
The Corundum Group was opened in 1992, making it one of the oldest firms on this list. It is now a wholly owned subsidiary of Central Bancorp, Inc., a shift that occurred in April of 2006. Corundum's founder Ron Johnson is now the chairman and CEO of Central Bancorp, a financial holding company.
Three distinct offerings combine to form the advisory services at The Corundum Group: personal wealth management, family office services and custom retirement plan management. The firm provides standard, risk-adjusted investment management as well.
The Corundum Group, Inc. Investment Strategy
Advisors at The Corundum Group are encouraged to build portfolios according to the exact needs of their clients. In order to make this a reality, your advisor will aid you in determining your risk tolerance, time horizon and personal financial objectives. These goals are then compiled into a "statement of investment objectives," which is reviewed annually so as to remain current.
In conjunction with the holistic nature of the client-advisor relationship described above, Corundum utilizes a wide range of securities. Principal among these are equities, including those of large-, mid-and small-size companies in both the domestic and international markets. Corundum's fixed-income strategies may use corporate bonds, private debt securities, municipal bonds and U.S. government securities.
Seamount Financial Group, Inc.
Seamount Financial Group, Inc. is a fee-based firm that requires an account minimum of $500,000. The firm has three certified financial planners (CFPs). It also has sister offices located in Orange, California and Scottsdale, Arizona.
Advisors with Seamount may offer you insurance policies to go along with your investment plans. While this could result in financial gain for the advisors, they are fiduciaries, meaning they’re bound by the law to act in your best interest.
Seamount Financial Group, Inc. Background
Leon Colafrancesco formed Seamount Financial Group in 1999. His career in financial management began far before that, though. The California State University graduate boasts over 35 years of overall experience in the industry. Colafrancesco remains the firm's principal owner and president.
Prospective clients who are interested in cash flow management, risk management, wealth management, higher education planning, retirement planning and estate planning will find all of these services available at Seamount.
Seamount Financial Group, Inc. Investment Strategy
If there are parts of your current financial life that you like and want to continue to implement, Seamount Financial Group will provide strategies to try work with those needs. However, Seamount also approaches your financial management situation critically, with the assumption that everything can be improved upon. The firm’s specific suggestions are based on your risk tolerance and determined asset allocation.
Altus Wealth Group, LLC
Altus Wealth Group, LLC is a fee-based firm that has a client base almost entirely filled with individuals. The firm is also known to have advisory relationships with high-net-worth individuals, foundations, trusts, estates, institutions and endowments. You'll need a minimum of $250,000 in investable assets to become a client.
The staff at Altus includes three certified financial planners (CFPs) and one chartered financial consultant (ChFC).
Some of the advisors at Altus can earn commissions or extra compensation from the sale of insurance policies and/or specific securities. The firm is a fiduciary, though, so it is legally bound to act in clients' best interests at all times.
Altus Wealth Group, LLC Background
Altus Wealth Group is by most standards a very young firm, as it was established in 2017. The firm was created by three financial services holding companies: Bethemore Holdings, LLC; KDJP Holdings, LLC; and Aqua Waters, LLC. Co-partners and financial advisors Dustin Bench, Nancy Mercado and Jill Reitmeyer own Altus through these businesses.
Investment management and wealth planning are the core of this firm's advisory services. Altus' advisors can help clients formulate their portfolio, manage it and rebalance it. Wealth planning involves a much broader look at your financial life as a whole.
Altus Wealth Group, LLC Investment Strategy
Based on your risk tolerance, time horizon and investment objectives, Altus Wealth Group will create a portfolio for you made up of exchange-traded funds (ETFs), mutual funds, individual securities and closed-end funds. By ascertaining your risk level, your advisor will be able to select investments that align with your lack or presence of risk aversion. The firm believes that this management of volatility should eventually lead to maximized returns for your risk tolerance.
Diversification is key to the venture described above. This all-important investment principle involves not only spreading your assets across a market but throughout different investment types as well.
Rainsberger Wealth Advisors
Rainsberger Wealth Advisors has millions in client assets under management (AUM). The firm's small staff includes one certified financial planner (CFP). Two-thirds of the firm's client base is made up of individuals, with high-net-worth individuals, retirement plans and profit-sharing plans rounding out its typical clientele.
As opposed to a more traditional minimum account balance requirement, Rainsberger employs a minimum annual fee of $1,000 for its individual-centric services. Retirement plan consulting clients will usually receive no less than a 0.40% fee. This firm abides by a fee-only fee schedule, meaning it earns compensation solely from the fees generated by the management of clients' assets.
Rainsberger Wealth Advisors Background
No firm on this list has been in business longer than Rainsberger Wealth Advisors, as it was founded in 1990. Firm president and founder Ellis "Bud" Rainsberger principally owns the firm to this day and has spent roughly 40 years in financial services.
Rainsberger offers two distinct styles of investment management: an individualized program and a model-based program. You can also take advantage of financial planning services involving budgeting, taxes, insurance, retirement, estates and more. Retirement plan consulting clients will receive aid in the selection and monitoring of investments, as well as plan participant communication.
Rainsberger Wealth Advisors Investment Strategy
The entirety of Rainsberger Wealth Advisors' investment philosophy is based on finding the right asset allocation for your personal needs. This not only involves selecting the types of investments that will live in your portfolio, but also the risk ratios at which the returns will be satisfactory enough to achieve your ultimate objectives. In turn, Rainsberger's normally invests in some combination of exchange-traded funds (ETFs), mutual funds, stocks and other securities.
Petra Financial Advisors, Inc.
A fee-only and independently-owned firm, Petra Financial Advisors, Inc. has been around longer than all but one other firm on this list -- Rainsberger Wealth Advisors. About a third of Petra Financial Advisors’ clients are high-net-worth, while the rest are a combination of individuals and charitable organizations. The firm does not have a set account minimum, but rather a minimum annual fee of $7,500.
Petra has three certified financial planners (CFPs) on staff. Alongside its CFPs, the firm also employs a chartered financial analyst (CFA).
Petra Financial Advisors, Inc. Background
Between Dave Forbes, Petra’s founder, president, CEO and CCO, and the rest of the firm’s financial advisors, the advisory team averages nearly 20 years experience in the asset management business. Dave Forbes owns 80% of Petra, while advisor Jonathan Forbes claims the remaining 20%.
This firm specializes in multiple account types, with the most common being individual accounts, business accounts, trusts, pensions and profit-sharing plans. Petra also participates in pooled investing, meaning it adds together multiple clients’ assets to gain access to investments that might not otherwise be accessible to individual clients.
Petra Financial Advisors, Inc. Investment Strategy
Petra Financial Advisors, Inc. breaks down its investor process very succinctly. The first step is an “alignment conversation.” There’s then a 30-day to 90-day financial planning phase, a one-year financial planning phase and, ultimately, a “lasting relationship” that entails rebalancing your assets and reevaluating your goals.
Throughout this schedule, your advisor will present investment recommendations based on your financial goals. Once everything is mutually decided upon, your assets will be invested based on your stated risk tolerance and any tax minimization possibilities. As your investments begin maturing, Petra will update you at least monthly on the latest happenings related to your funds.
Intergy Private Wealth
Intergy Private Wealth is a fee-based advisory firm that offers the services of portfolio management, third-party managers, financial planning, financial consulting and retirement plan consulting. As a fee-based firm, its advisors may earn a commission for the sale and recommendation of certain securities. This could create a potential conflict of interest but the firm and its advisors are bound by a fiduciary duty to put the client's needs first.
The firm works with individuals, high-net-worth individuals, trusts, estates, charitable organizations, profit-sharing plans, corporations, LLC's and other business entities. There is no minimum account requirement to work with them.
Intergy Private Wealth Background
The firm was founded in 2016 by Charlie Dunn and Mark Perrault. The firm has three advisors today that have collectively earned such designations as the CFP and RICP. The advisors collectively also manage over $245 million in assets under management across more than 450 clients.
Intergy Private Wealth Investment Strategy
The investment strategy for a client of Intergy is going to be tailored to the needs of that individual client. The portfolio for any client may involve investing in one or more of the following:
- Individual stocks
- Exchange-traded funds (ETFs)
- Mutual funds
Credentialed Wealth Advisors
Credentialed Wealth Advisors is a fee-based firm that offers asset management and financial planning services to individuals and high-net-worth individuals. As a fee-based firm, there is a potential conflict of interest involved because the advisors could earn commissions for the recommendation and sale of certain securities. However, each is bound by a fiduciary duty to put the needs of the client first.
The firm does not impose an account balance minimum.
Credentialed Wealth Advisors Background
The firm was founded in 2021 by a collection of advisors. Today the firm has four advisors and collectively manages more than $150 million in assets. The firm's advisors has received such designations as the CFP, CRPS, CRPC and the AAMS.
Credentialed Wealth Advisors Investment Strategy
Credentialed's advisors work to provide an asset allocation that meets the risk appetite and overall financial goals of each individual client. Each client's account is measured in the way that the assets are distributed, making sure that a selection of a mix of asset classes is chosen. Some of the other strategies that are considered include:
- Dollar-cost averaging
- Technical analysis
- Long-term purchases
- Short-term purchases
Three Points Financial
Three Points Financial is a fee-only advisory firm that offers the services of asset management, investment analysis, retirement planning, tax planning, estate planning and risk management. As a fee-only firm, none of its advisors earn any commissions for the sale or recommendation of investments. The firm focuses on servicing individuals and families and does not have a minimum account requirement to open an account.
Three Points Financial Background
The firm was founded in 2006 by Mary Alpers and owned today by both Alpers and Steve Cruice. Both are certified financial planners and Steve has also earned his CPA. Collectively the firm has more than $110 million in assets under management.
Three Points Financial Investment Strategy
The heart of the entire investment strategy for the firm is disciplined asset allocation because proper asset allocation is a primary determinant of the overall investment performance of a portfolio. The firm approaches investment portfolio analysis based on internal factors like the tax situation of a client, their overall risk tolerance, the client's current financial situation and long-term financial goals. The investment goal is to build the portfolio around those internal factors while minimizing the negative effects of external factors like interest rates and market performance.
The firm may use the investments of no-load mutual funds, exchange-traded funds, U.S. government securities, money market accounts, CDs and individual bonds.
Bauer Wealth Management
Bauer Wealth Management is a fee-only firm offering the services of wealth management, investment management, financial planning and financial coaching. The firm works with individuals, families, trusts, estate, small businesses, corporations, charitable organizations and other businesses. There is a minimum account requirement of $1 million.
Bauer Wealth Management Background
The firm was founded in 2010 by Dan Bauer and Stephen Heitzmann. Collectively, the firm has more than $100 million in assets under management over more than 100 clients. The firm has a MSF and CRPC on their team.
Bauer Wealth Management Investment Strategy
The firm's investment strategies aim to provide diversification across different asset classes, the ideal mix of asset classes based on mapped risk tolerance and an overall ongoing rebalance based on proprietary research. The portfolios of the firm's clients may include mutual funds, exchange-traded funds (ETFs) and other securities.