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Top Financial Advisors in Coral Gables, FL

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This review was produced by SmartAsset based on publicly available information. The named firm and its financial professionals have not reviewed, approved, or endorsed this review and are not responsible for its accuracy. Review content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named firm and its financial professionals, and firms and financial professionals having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s reviews. This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the firm mentioned in this review or its financial professionals.

Finding the Top Financial Advisors in Coral Gables, Florida

If you’re trying to find a financial advisor in Coral Gables, Florida, you came to the right place. The team at SmartAsset compiled data on the top financial advisors in the area. We covered key details like investment minimums, fee structure and certifications. If you're looking for a financial advisor, SmartAsset's free tool can help match 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 Firestone Capital Management, Inc. Firestone Capital Management, Inc. logo Find an Advisor

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$645,711,904 $1,000,000
  • Financial planning
  • Portfolio management

Minimum Assets

$1,000,000

Financial Services

  • Financial planning
  • Portfolio management
2 Aston Capital Management Aston Capital Management logo Find an Advisor

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$354,729,148 Varies based on account type
  • Financial planning
  • Portfolio mangement

Minimum Assets

Varies based on account type

Financial Services

  • Financial planning
  • Portfolio mangement
3 Cathy Pareto and Associates, Inc. Cathy Pareto and Associates, Inc. logo Find an Advisor

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$188,467,006 $500,000
  • Financial planning
  • Portfolio management

Minimum Assets

$500,000

Financial Services

  • Financial planning
  • Portfolio management

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4 Kirtland Financial Management, Inc. Kirtland Financial Management, Inc. logo Find an Advisor

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$308,471,310 $500,000
  • Financial planning
  • Portfolio management
  • Selection of other advisors (including private fund managers)

Minimum Assets

$500,000

Financial Services

  • Financial planning
  • Portfolio management
  • Selection of other advisors (including private fund managers)
5 Premia Global Advisors, LLC Premia Global Advisors, LLC logo Find an Advisor

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$286,657,150 No set account minimum
  • Financial planning
  • Portfolio management

Minimum Assets

No set account minimum

Financial Services

  • Financial planning
  • Portfolio management
6 Millares Asset Management, LLC Millares Asset Management, LLC logo Find an Advisor

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$173,130,762 $1,000,000
  • Financial planning
  • Portfolio management 
  • Pension consulting services
  • Selection of other advisors (including private fund managers)
  • Consulting

Minimum Assets

$1,000,000

Financial Services

  • Financial planning
  • Portfolio management 
  • Pension consulting services
  • Selection of other advisors (including private fund managers)
  • Consulting
7 Loyola Asset Management, LLC Loyola Asset Management, LLC logo Find an Advisor

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$200,237,054 $100,000
  • Financial planning
  • Portfolio management
  • Selection of other advisors (including private fund managers)

Minimum Assets

$100,000

Financial Services

  • Financial planning
  • Portfolio management
  • Selection of other advisors (including private fund managers)

What We Use in Our Methodology

To find the top financial advisors in Coral Gables, 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:

  • AUM
    Firms with more total assets under management are ranked higher.
  • Individual Client Count
    Firms who serve more individual clients (as opposed to institutional clients) are ranked higher.
  • Clients Per Advisor
    Firms with a lower ratio of clients per financial advisor are ranked higher.
  • Age of Firm
    Firms that have been in business longer are ranked higher.
  • Fee Structure
    Firms with a fee-only (as opposed to fee-based) compensation structure are ranked higher.

All information is accurate as of the writing of this article. 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.

Firestone Capital Management, Inc.

Firestone Capital Management (FCM) tops our list of financial advisory firms in Coral Gables. This firm offers a range of services including portfolio management and financial planning around retirement, estates, trusts and more. 

The client base is primarily made up of individuals, both with and without high net worths. To open an account with FCM, you’d need a minimum investment of $1 million. FCM works as a fee-only firm. This means it collects fees from you solely for the services it provides to you. The firm does not receive commissions or other forms of compensation from third parties for making certain recommendations or selling specific investment products. 

The FCM team has a variety of professional certifications. Advisors hold a combination of the following designations:

  • Certified financial planner (CFP)
  • Chartered financial analyst (CFA)
  • Certified investment management analyst (CIMA)
  • Registered paraplanner (RP)

Firestone Capital Management Background 

Firestone Capital Management formed in 1997. It’s currently owned by Jack M. Firestone, Carol G. Kaufman, Carlos A. Carbonell, Jerad O. Waggy and Anthony E. Poppe.

The team at FCM focuses on wealth management and ongoing portfolio management. Its financial planning wing can cover areas such as risk management, retirement savings, tax planning, trust management and special needs planning. 

Firestone Capital Management Investment Strategy

Firestone Capital Management aims to build an investment portfolio that can meet your long-term needs based on individual factors such as your risk tolerance, time horizon and financial situation. To construct a diversified portfolio, the firm mainly invests client assets in mutual funds, exchange-traded funds, individual bonds and real estate investment holdings. Actively?managed funds and passively?managed index funds may be used in a client's portfolio. At your request, your portfolio may include individual equities or other investments, but the firm does not perform specific research or make recommendations on invidiual stocks.

In its securities selection process, the firm considers both internal and external research, which is from firms such as Morningstar, Inc. and Advisor Intelligence.

Aston Capital Management

Aston Capital Management, the No. 2 firm on our list, is a fee-only family office practice that advises high-net-worth individuals and pooled investment funds. Investment minimums for the funds that Aston manages range from $10,000 to $5 million. 

As a fee-only firm, Aston advisors do not sell insurance or securities for commissions. The firm does not list any professional financial certifications, like the certified financial planner (CFP) designation, on its website. 

Aston Capital Management Background

Founded in 2015, Aston Capital Management is owned an operated by Luis Vicente d'Amato, who serves at the chief executive officer and chief investment officer of the company. 

Aston primariyl offers investment advice with respect to several different strategies and asset classes, typically liquid securities. While SEC-filed reconds indicate the firm offers financial planning services, Aston does not reference this service in its Form ADV brochure. 

Aston Capital Management Investment Strategy

Aston does not make buy or sell recommendations to individual clients. Instead, Aston generally advises individual clients regarding the asset categories in which to invest. The firm analyzes an individual client’s current asset allocation and then makes recommendations based on the firm's professional judgment with the goal of seeking portfolio diversification that covers all asset classes.

On occasion, Aston can also discuss the relative merits of specific securities (usually, public or private funds) within an asset category.

Cathy Pareto and Associates, Inc.

Cathy Pareto and Associates is another fee-only firm that primarily works with individuals and high-net-worth individuals. It also provides services to pension and profit-sharing plan participants and charities.  

The team has four certified financial planners (CFPs) and one certified public accountant (CPA) on staff. As a fee-only practice, advisors earn compensation from you solely for the services they provide to you. The firm and its employees don't earn commissions or other kickbacks for selling securities or insurance products like annuities or making specific recommendations. 

Fees for portfolio management are based on a percentage of a client's assets under management, while fees for financial planning may be charged at an hourly or fixed rate. The firm requires clients have at least $500,000 in investable assets. 

Cathy Pareto and Associates Background 

The firm has been providing investment advisory services since 2008. It’s owned solely by Cathy Pareto. The firm offers portfolio management services and financial planning.

Cathy Pareto and Associates Investment Strategy 

Cathy Pareto and Associates focuses on a long-term investment strategy, taking a buy-and-monitor approach. This means it will keep a close eye on market and economic conditions and make changes to your asset allocation if deemed necessary. 

The firm typically invests client in equity securities, exchange-traded funds, mutual funds, corporate securities, municipal securities and U.S. government securities. To protect your portfolio against market risk, the firm also focuses on globally diversified portfolios, In addition, it considers costs, tax sensitivity and other factors when making asset allocation decisions. 

Kirtland Financial Management, Inc.

Kirtland Financial Management (KFM) provides portfolio management and financial planning services to a diverse clientele that includes individuals both with and without a high net worth, as well as their trusts and estates. The firm also offers services to charitable organizations, pensions and profit sharing plans. 

To open an account with the firm, you’d need a minimum investment of $500,000. KFM collects fees from you as a percentage of AUM or on an hourly or fixed basis depending on the scope of services provided. That said, advisors at this fee-based firm may be registered to sell securities or insurance products on a commission basis. Despite this, the firm's fiduciary duty legally requires it to act in clients' best interests.

The firm has two certified financial planners (CFPs) on staff, as well as one financial planning qualified professional (FPQP). 

Kirtland Financial Management Background

Kirtland Financial Management has been a registered investment advisor since 1999. The team here is led by primary owner Brett C. Hixon, a CFP who specializes in asset allocation, retirement cash flow planning, long-term care, life insurance needs and college education planning. 

KFM focuses on helping families manage their wealth and investments. The firm can offer advice around several aspects of your financial life including taxes and cash flow management, retirement savings and education funding through investments like 529 college savings plans. It also offers guidance around death and disability finances and benefits. 

Kirtland Financial Management Investment Strategy

Kirtland Financial Management generally deploys a long-term investment strategy, requiring a minimum five-to10-year horizon and holding period. Based on factors like your risk tolerance and investment goals, the firm may allocate your assets among mutual funds, exchange-traded funds (ETFs), stocks, bonds and other securities.

Premia Global Advisors, LLC

Premia Global Advisors is a fee-only advisory firm that works primarily with high-net-worth and non-high-net-worth individuals, as well as corporations. The firm does not impose a minimum investment requirement.

As a fee-only firm, none of Premia's advisors earn commissions from third-parties. The firm receives advisory fees directly from clients and is therefore not subject to a potential conflict of interest.

Premia has two certified investment management analysts (CIMAs) on staff. 

Premia Global Advisors Background

Premia Global Advisors has been around since its founding in 2016. It is one of the younger firms on our Coral Gables list. The firm was founded by Miguel Sosa, who is also owner and operator. 

Premia provides its clients with investment management, on either a discretionary or non-discretionary basis. Discretionary asset management allows the advisor full discretion to make trades and transactions within a client's portfolio. The firm provides portfolio management services primarily through separately managed accounts.  

SEC records indicate Premia offers financial planning services, but the firm's Form ADV brochure does not make mention of financial planning. 

Premia Global Advisors Investment Strategy

Premia Global Advisors crafts its investment strategies around the individual wants, needs and objectives of each of its clients. This process involves meetings to get to know clients and to determine their tolerance for risk, liquidity needs, financial history and investment objectives.

Using this gathered information, Premia constructs customized investment portfolios, primarily consisting of equity, fixed income securities, mutual funds, exchange-traded funds, (ETFs) and alternative investment products like edge funds, structured products, limited partnerships, or private placements of securities. Additionally, Premia may also employ currency hedges, cash positions and other risk management strategies.

Millares Asset Management, LLC

Millares Asset Management (MAM) is a financial advisory firm that works with both high-net-worth and non-high-net-worth individuals, as well as pension and sharing plans and corporations. To receive portfolio management services, you’d need a minimum investment of $1 million.

The team at MAM features two certified public accountants (CPAs), two personal financial specialists (PFS) and one certified financial planner (CFP). As a fee-only firm, advisors do not receive compensation from third-party firms for selling or recommending products to advisory clients. Its revenue comes from the fees that clients pay directly to Millares. 

Millares Asset Management Background

In business since 2007, Millares Asset Management is a family shop. Maria Millares, Ruben Millares and Javier Millares currently own the firm. They all still work for the firm as advisors. 

For individual clients, this firm offers both investment management and financial planning services. The latter can cover topics like budgeting, estate planning, retirement planning, investment planning, tax planning, cash flow planning, education fund planning and more. Millares also offers employee benefit retirement plan services and consulting.

Millares Asset Management Investment Strategy 

Millares Asset Management primarily allocates client assets among mutual funds  offered by Dimensional Fund Advisors. However, it would consider other securities if deemed appropriate based on factors such as your risk tolerance and investment goals.

Its securities selection process is based on several strategies, including Modern Portfolio Theory, which supports diversification. To that end, the firm recommends diversified portfolios, principally through the use of passively managed, asset class mutual funds. MAM selects or recommends broadly-traded open-end mutual funds or conservative fixed income securities to implement this investment strategy. 

Loyola Asset Management, LLC

The seventh and final firm on our list is Loyola Asset Management, a fee-based practice that works with non-high-net-worth and high-net-worth individuals. Institutional clients include pooled investment vehicles and corporations. The minimum account size at Loyola is generally $100,000.

Loyola is a fee-based firm, as some of the firm's advisors can earn commissions from selling securities or insurance products. Despite the potential for a conflict of interest to arise, the firm is still bound by fiduciary duty and is legally obligated to act in the best interests of clients at all times.

Loyola has one certified investment management analyst (CIMA) on staff. 

Loyola Asset Management Background

Loyola was founded in 2006, registering as a financial advisor after a few years in business. Alvaro R. Castillo is the firm's owner and president. 

Loyola works with clients to provide them with both investment supervisory services and financial planing services. It also may delegate certain reponsibilities to third-party managers. It manages account primarily on a discretionary basis.

Loyola Asset Management Investment Strategy

While all of Loyola's clients have access to the same services, particular investment strategies can vary based on the objectives and needs of each individual client. Income, tax levels and tolerance for risk all play into how Loyola's advisors develop and implement investment plans for each of their clients.

The firm uses mutual funds, equities, bonds, fixed income securities, debt securities, exchange-traded funds (ETFs), real estate, hedge funds, third-party money managers, real estate investment trusts (REITs), private placements and government securities to populate client portfolios. Loyola uses charting analysis, fundamental analysis, technical analysis and cyclical analysis to inform investment decisions.

How Long $1 Million Lasts in Retirement

SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Zoom between states and the national map to see the top spots in each region. Also, scroll over any city to learn about the cost of living in retirement for that location.

Least
Most
Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology We weighed potential expenditures for a prospective retiree with a  $1 million nest egg to assess how many years that fund would cover in retirement in America’s largest cities.

We applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. Using this data, SmartAsset calculated the average cost of living for retirees in metro areas across the U.S.

We assumed the $1 million would grow at a net annual return of 2% after inflation. Then, we divided $1 million by the sum of each of those annual numbers to determine how long $1 million would cover retirement expenses in each of the cities in our study. Cities where $1 million lasted the longest ranked the highest in the study.