Finding the Top Financial Advisor Firms in Greenville, South Carolina
If you’re considering working with a financial advisor in Greenville, South Carolina, we can help you find one. The team at SmartAsset researched firms in the area to bring you the top financial advisors in Greenville. We covered key details such as minimum investments, services offered and any advisor certifications. SmartAsset's free financial advisor matching tool can also help, as it will connect you with up to three local advisors.
|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||Nachman Norwood & Parrott, Inc. Find an Advisor||$2,019,122,094||Varies based on account type|| || |
Minimum AssetsVaries based on account type
|2||FinTrust Capital Advisors, LLC Find an Advisor||$1,538,452,353||$100,000|| || |
|3||Foster Victor Wealth Advisors, LLC Find an Advisor||$741,235,597||Varies based on account type|| || |
Minimum AssetsVaries based on account type
|4||Reynolds Investment Management, Inc. Find an Advisor||$566,994,131||$1,000,000|| || |
|5||Wealth Management Advisors, LLC Find an Advisor||$325,145,321||$250,000|| || |
|6||Hanover Advisors, Inc. Find an Advisor||$256,984,579||Not set account minimum|| || |
Minimum AssetsNot set account minimum
|7||WCM Global Wealth, LLC Find an Advisor||$309,364,587||$250,000|| || |
|8||Global View Investment Advisors, LLC Find an Advisor||$299,339,989||No set account minimum|| || |
Minimum AssetsNo set account minimum
|9||Family Legacy, Inc. Find an Advisor||$242,647,156||$250,000|| || |
|10||Goepper Burkhardt LLC Find an Advisor||$225,799,201||$1,000,000|| || |
How We Found the Top Financial Advisor Firms in Greenville, South Carolina
To find the top financial advisors in Greenville, South Carolina, 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:
Nachman Norwood & Parrott, Inc.
Nachman Norwood & Parrot is the top firm in Greenville and has the largest amount in assets under management (AUM). This fee-based firm has multiple advisors on staff, including four certified financial planners (CFPs), two chartered retirement plans specialists (CRPSs), two accredited investment fiduciaries (AIFs), one certified divorce financial analyst (CDFA), one chartered retirement plan counselor (CRPC) and one certified private wealth advisor (CPWA).
The firm’s clients are a fairly even mix of individuals and high-net-worth individuals. It also has institutional clients, including pension and profit-sharing plans, charitable organizations and other corporations. The firm has no minimum account size, but does mandate a $1 million minimum for its wrap fee program.
Portfolio management fees are based on a percentage of assets under management. Some employees of the firm are also representatives of a broker-dealer and may earn commissions on certain transactions, creating a conflict of interest. The firm does not pay an advisory fee for investments where a commission is paid, though.
Nachman was also rated the No. 2 financial advisor in the state by SmartAsset.
Nachman Norwood & Parrott Background
Nachman Norwood & Parrott was founded in 2007. Partners Wes Boyce, Al Cannon, Gary Davis, Russ Miller, Bob Nachman and Ben Norwood all own stakes in the business, as well as chief compliance officer Angela Sheppard, who controls a small portion.
Services offered by the firm include portfolio management, separate account managers, financial planning, estate planning, retirement planning, general consulting, and retirement plan consulting.
Nachman Norwood & Parrott Investment Strategy
Advisors at Nachman use a variety of strategies and methods of analysis methods to manage clients’ portfolios. The principal methods of analysis are fundamental analysis — including financial strength ratios, price-to-earnings ratios, dividend yields and growth rate-to-price ratios — and technical analysis.
Fintrust Capital Advisors, LLC
Fintrust Capital Advisors has the largest advisory team of any firm on this list. The staff features a diverse array of specialities and certifications, including:
- Two certified financial planners (CFPs)
- Four accredited investment advisors (AIFs)
- Three chartered financial analysts (CFAs)
- One certified public accountant (CPA)
- One certified business financial advisor (CBFA)
- One person certified in estate planning (CES)
- One chartered life underwriter (CLU)
- One chartered retirement plans specialist (CRPS)
- One certified fraud examiner (CFE)
- One certified anti-money laundering specialist (CAMS)
- One chartered retirement planning counselor (CRPC)
Fintrust has a $100,000 account minimum. Most of the accounts are managed for individuals, although the firm has some high-net-worth individuals as clients as well. Institutional clients include investment companies, pension and profit-sharing plans, charitable organizations, state or municipal government entities and other corporations.
Fees for investment management services are based on a percentage of assets under management. The firm may also act as a broker-dealer, potentially earning commissions for selling securities to clients. This presents a conflict of interest, but when acting as an advisor the firm as a fiduciary responsibility to act in the client’s best interest.
Fintrust is also ranked among the top 10 firms in the state by SmartAsset.
Fintrust Capital Advisors Background
Founded in 2007, Fintrust Capital Advisors is a 100% owned subsidiary of Fintrust Capital Partners, which is beneficially owned by Richard P. Sheridan (45%), Phillip H. Brice (45%) and Allen Gillespie (10%). The parent company is directly owned by Broad Street Capital Partners, LLC (45%), PHB Holdings, LLC (44.5%), ARG Holding, LLC (9.5%) and Centillion Partners, Inc. (1%).
Services offered by the firm include fiduciary and institutional consulting, retirement plan consulting, retirement planning, financial planning, wealth protection planning, estate reporting and insurance.
Fintrust Capital Advisors Investment Strategy
Advisors at Fintrust work with clients to come up with a comprehensive investment and financial plan. The advisor considers factors including financial goals, resources, attitudes, age, experiences, investment time horizon and cash flow. From there, a strategy is devised that works for each client.
Investments may include third-party managers, mutual funds, exchange-traded funds (ETFs), fixed-income securities, options and individual equities.
Foster Victor Wealth Advisors, LLC
Foster Victor Wealth Advisors is a fee-based advisor managing millions in assets for clients. Those clients are mostly individuals, with a chunk of them classified as high-net-worth individuals. The only institutional clients the firm has are corporations. While there are investment minimums for some services, there is no set minimum for investment management.
There are a number of accredited professionals working at the firm, including seven certified financial planners (CFPs), one chartered life underwriter (CLU), one chartered financial analyst (CFA) and one certified private wealth advisor (CPWA). Foster Victor also has two accredited investment fiduciaries (AIFs) on staff, as well as one certified investment management analyst (CIMA), one certified regulatory and compliance professional (CRCP) and a retirement income certified professional (RICP).
Fees for financial planning and consulting are fixed, while fees for investment management are based on assets under management. Some of the firm’s employees are also insurance agents and can earn commissions. This is a conflict of interest, but the firm has procedures to make sure actions are made in the best interest of the clients.
Foster Victor is also ranked among the top 10 firms in the state by SmartAsset.
Foster Victor Wealth Advisors Background
Foster Victor was founded in 2016, making it one of the youngest firms on this list. It is wholly owned by Paul W. Foster and Robert T. Victor.
Services offered by the firm include investment management, insurance planning, financial planning, business planning, retirement planning, trust and estate reporting, tax planning and college planning.
Foster Victor Wealth Advisors Investment Strategy
Advisors at Foster Victory use various methods of analysis. When choosing an investment, the advisors analyze an issuer’s management team, investment strategies, style drift, past performance, reputation and financial strength in relation to the asset class concentrations and risk.
Portfolio balance is also important in the firm's eyes. Advisors look to invest in eight to nine asset classes in a variety of sectors and types of securities.
Reynolds Investment Management, Inc.
Reynolds Investment Management is highest-rated fee-only firm on this list and No. 4 overall practice. That means it only gets paid via fees for investment and advisors at the firm don’t earn commissions for selling securities, insurance or other financial products. The team at the firm includes three certified financial planners (CFPs), one accredited asset management specialist (AAMS) and two certified public accountants (CPAs).
Reynolds has a $1 million minimum account size requirement. Clients at the firm are mostly individuals, but there is a small number of high-net-worth individuals on the books as well. Institutional clients include pension and profit-sharing plans and charitable organizations.
Reynolds Investment Management Background
Reynolds has been in business since 1995, making it one of the oldest firms on this list. The principal shareholder is Thomas J. Reynolds III, who also serves as the firm’s president.
Services offered include individual portfolio management, pension consulting, risk management, cash flow planning, retirement income planning and saving for education needs.
Reynolds Investment Management Investment Strategy
Advisors at Reynolds use fundamental, technical, qualitative and quantitative analysis to make investment decisions for clients. The firm thinks carefully about asset allocation to build a balanced portfolio. Possible investments include:
- Exchange-listed securities
- Securities traded over-the-counter
- Foreign issuers
- Corporate debt securities (other than commercial paper)
- Certificates of deposit (CDs)
- Municipal securities
- Variable annuities
- Mutual fund shares
- United States governmental securities
- Options contracts on securities
Wealth Management Advisors, LLC
Wealth Management Advisors — also known as Wagner Wealth Management — works with individuals, high-net-worth individuals, pension and profit-sharing plans, insurance companies and corporations. The firm's staff includes one certified financial planner (CFP) and one chartered retirement planning counselor (CRPC).
The minimum account size at Wagner is $250,000. Fees for financial planning are generally based on the time needed for the service. Investment management fees are negotiated with each client. Some of the advisors at the firm are also registered representatives of broker-dealers and/or insurance companies and can earn commissions on the sale of insurance and other products. This is a conflict of interest, but clients will not pay an advisory fee on investments for which they have also paid a commission.
Wealth Management Advisors Background
Wealth Management Advisors was founded in 2014. Wagner Wealth Management, the principal owner of WMA, is owned by Dan E. Wagner Jr. and Jeff Herman. In addition to the Greenville office, the firm has offices in Anderson and Seneca, South Carolina.
The firm's services include financial planning, estate planning, retirement plan advisory services and investment management.
Wagner Wealth Management Investment Strategy
Every new relationship begins with the firm sitting down with the new client and gathering information on their objectives, risk tolerance and financial situation. The firm develops an investment plan based on that information and then allocates their assets among a variety of potential investments, including:
- Separate account managers
- Mutual funds
- Exchange-traded funds (ETFs)
- Individual stocks
- Closed-end funds
Mutual funds and ETFs are the primary way advisors get client money into the U.S. equity market.
Hanover Advisors, Inc.
Hanover Advisors is a fee-only advisory firm that works with hundreds of individual clients, both with and without high net worths. The firm also advises pension and profit-sharing plans, a charitable organization, corporations and other businesses. Hanover Advisors does not have a set account minimum.
As a fee-only firm, Hanover Advisors generates revenue solely from the fees that it charges clients, not commissions that third-party firms pay for recommending certain products and services.
Hanover Advisors Background
Hanover Advisors has been in business providing investment advisory services since 1989. Stephen F. Molyneaux, the firm's principal owner, has spent over 20 years working in the investment industry.
The firm offers discretionary portfolio management, financial planning and pension consulting services.
Hanover Group Investment Strategy
Like many other firms, Hanover Group advisors start off relationships with new clients by determining their investment objectives, risk tolerance and any other relevant information that may impact their portfolio and investment choices.
The firm will then customize the client's portfolio according to their objectives and risk tolerance using stocks, bonds, exchange-traded funds (ETFs), mutual funds, closed-end funds and option securities. The firm bases portfolio decisions on fundamental analysis and modern portfolio theory, which uses diversification to seek maximum returns for a given level of risk.
WCM Global Wealth, LLC
Fee-only firm WCM Global Wealth serves individuals, high-net-worth individuals, pooled investment vehicles, charitable organizations and retirement plans. Its small staff of advisors includes one certified financial planner (CFP) and one chartered financial analyst (CFA).
The firm requires an account minimum of $250,000 for prospective clients, and it charges asset-based fees, fixed fees and performance-based fees for its advisory services.
WCM Global Wealth Background
Wholly-owned by Erik C. Weir, WCM mainly provides investment advisory and financial planning services to its clients. The firm’s financial planning process has multiple stages, including goal identification, plan development and plan implementation.
The firm was formed in 2011.
WCM Global Wealth Investment Strategy
In making investment decisions, WCM utilizes an array of strategies, including buy and hold, equity strategies, fundamental value, growth investment strategies, hedging, leverage, relative value and short selling.
The firm also studies securities using fundamental, technical, quantitative and qualitative methods of analysis.
Global View Investment Advisors, LLC
Global View Investment Advisors, a fee-only practice, is the next firm on our Greenville list. Its team of advisors includes four certified financial planners (CFPs). Around 30% of the firm’s clients are high-net-worth individuals and the rest are individuals without high net worths.
There is no minimum investment or account size for clients at Global View. Fees for wealth management are based on a percentage of assets under management, which will not exceed 2%.
Global View Investment Advisors Background
The firm was founded in 2008. Joe E. Hines, Ken Moore and Adam Wiles all own at least 25% of the business.
Global View Investment Advisors Investment Strategy
Global View lays out a four-step process for coming up with an investment plan for each client:
- Get to know each other
- Review preliminary recommendations
- Agree on a course of action
- Implementation and ongoing service
This process allows advisors to come up with a plan that works for each client. Most of the money managed by advisors at the firm is invested in mutual funds, with some put into individual securities and cash. The firm also employs risk analysis techniques aimed at identifying downside volatility. To do this, the firm examines a number of factors, including the stated investment objective of the investment manager or mutual fund and the historical returns of the investment manager or fund.
Family Legacy, Inc.
Family Legacy is a fee-based firm serving individuals, high-net-worth individuals, pension and profit sharing plans, trusts, charitable organizations, estates and corporations. Clients must meet a minimum account size requirement of $250,000.
Some qualifications among the firm’s team includes four certified public accountants (CPAs), three certified financial planners (CFPs) and two personal financial specialists (PFSs).
Family Legacy’s advisory fees include asset-based fees and fixed fees.
Family Legacy Background
Founded by William W. Brown and owned by Christopher A. Brown, Family Legacy began operations in 1995. Collectively, the father and son oversee the firm’s portfolio management, pension consulting, financial planning and consultation services.
Family Legacy Investment Strategy
Family Legacy says on its firm brochure that it holds securities over the long-term, while seeking capital appreciation to create sustainable growth.
For individually managed accounts, Family Leagacy assumes a conservative investment approach that emphasizes the use of high-yielding stocks and other large-cap stocks. The firm also uses mid-cap stocks, but to a lesser degree. The firm invests in government bonds, preferred stocks, exchange-traded funds (ETFs), real estate investment trusts (REITs) and other securities to achieve greater diversification.
Goepper Burkhardt LLC
Goepper Burkhardt, a fee-only advisor, rounds out our list of the top firms in Greenville. The firm's team includes two certified financial planners (CFPs), one certified public accountant (CPA), a personal financial specialist (PFS) and one financial paraplanner qualified professional (FPQP).
The firm charges asset-based fees for investment management services, but may charge hourly fees when advising certain clients.
There is a minimum account size of $1 million or a minimum monthly fee of $750. Clients are primarily high-net-worth individuals, although the firm also works with one charitable organization and some individuals without high net worths.
Goepper Burkhardt Background
Goepper Burkhardt was founded in 2003. The firm has two partners: W. Dant Goepper and J. Bland Burkhardt III.
Services offered by the firm include wealth management, portfolio management and comprehensive retirement planning. The firm does not offer portfolio management and retirement planning as separate services, believing each one to be critical to the success of the other.
Goepper Burkhardt Investment Strategy
The firm comes up with an investment plan for each client based on their individual circumstances, including investment time horizon, risk tolerance, asset allocation parameters, investment restrictions and cash flow requirements.
Almost 80% of the assets managed by the firm are in exchange-traded securities. They invest the remaining client assets in non-exchange-traded securities, cash and cash equivalents, as well as bonds.