Finding a Top Financial Advisor Firm in Hawaii
If you’re looking to invest your money in the state of Hawaii, it’s important that you find a local financial advisor who fits your needs. You’ll want to choose an advisor who understands your situation, who specializes in serving clients like you and who takes an investment approach you're comfortable with. Compiled through extensive research, this list details the top financial advisor firms in Hawaii. You can also use SmartAsset's free financial advisor matching tool to find an advisor in your area.
|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||Cadinha & Co., LLC Find an Advisor||$2,286,257,040||$1,000,000|| || |
|2||Bankoh Advisors Find an Advisor||$306,004,584||$100,000|| || |
|3||The Rice Partnership, LLC Find an Advisor||$433,482,942||No set account minimum|| || |
Minimum AssetsNo set account minimum
|4||Regency Capital Management Inc. Find an Advisor||$273,571,000||$1,000,000|| || |
|5||Wealthjar Investment Advisory, LLC Find an Advisor||$2,012,944||$5,000|| || |
|6||Shiraishi Financial Group Advisors, LLC Find an Advisor||$130,680,730||No set account minimum|| || |
Minimum AssetsNo set account minimum
|7||Andrews Advisory Associates, LLC Find an Advisor||$171,205,487||$250,000|| || |
|8||Kahala Financial Advisors, LLC Find an Advisor||$139,879,302||$500,000|| || |
|9||Robert Priske, LLC Find an Advisor||$120,759,455||$500,000|| || |
How We Found the Top Financial Advisor Firms in Hawaii
To find the top financial advisors in Hawaii, 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:
Cadinha & Co.
At the top of our Hawaii list is Cadinha & Co.. Most of the firm's clients are non-high-net-worth individuals. Other clients are high-net-worth individuals, retirement plans, charitable organizations and businesses. To work with the firm, you'll need at least $1 million in investable assets.
As a fee-only firm, advisors at Cadinha do not receive third-party commissions. They only receive advisory fees directly from clients. As a result, they are not subject to a potential conflict of interest.
Cadinha & Co. Background
Cadinha & Co. was founded in 1979 and registered with the SEC in the same year. The firm is owned by Cadinha Acquisition Corp. and Cadinha Partners. The Harlan J. Cadinha Family Limited Partnership owns Cadinhan Acquisition Corp and Harlan J. Cadinha is the firm's founder, chairman and cheif strategist. The firm also has an office in Park City, Utah.
Cadinha provides their clients with investment management services, a managed allocation portfolio (MAP) and global portfolio strategies (GPS) program. It also offers financial planning and consulting and wrap fee programs. All assets are managed on a discretionary basis.
Cadinha & Co. Investment Strategy
Cadinha & Co. tailors its investment management services and investment strategies to the individual objectives and needs of its clients. Advisors meet with new clients to deteremine their investment profile by compiling information on their overall financial situation, investment objectives and risk tolerance.
Advisors at Cadinha use several different types of investments to populate client portfolios. These include stocks, warrants, commercial paper, certificates of deposit (CDs), government securities, currencies, commodities, real estate investment trusts (REITs), exchange-traded funds (ETFs) and mutual funds. In order to best evaluate investments, advisors use top-down analysis, fundamental analysis and technical analysis.
Bankoh Advisors is the financial advisory business of Bank of Hawaii, a full-service bank located in the Aloha state. The Honolulu-based firm is fee-based. In addition to fees, advisors may receive a commission for selling customers an investment product or security. In that situation, Bankoh waives the advisory fee attachable to that investment. Bankoh is still a fiduciary and must act in the client’s best interest.
Bankoh Advisors has a large team of advisors on staff. It requires a minimum investment of $100,000. The firm works mainly with individuals and high-net-worth individuals, though it also does some advising for corporations.
Bankoh Advisors Background
Bankoh Advisors was founded in 1991 and became a registered investment advisor in 2005. It is a wholly owned subsidiary of the Bank of Hawaii, which is owned by the Bank of Hawaii corporation.
In addition to advisory services, Bank of Hawaii offers a full suite of financial services including checking and savings accounts, credit cards, mortgages and other loans. The advisory business has representatives on all six of the heavily populated Hawaiian islands.
Bankoh Advisors Investment Strategy
Bankoh Advisors typically uses individual securities, bonds, mutual funds, ETFs and money market funds in client portfolios. Bankoh works with each client to create a strategy that fits their goals and risk tolerance.
The firm uses a number of analytical methods to figure out the best investments for each client. It primarily uses fundamental analysis, looking at financial media, outside analysis and annual reports to figure out which investments are most likely to produce the necessary returns for clients.
The Rice Partnership
The Rice Partnership is a Honolulu-based firm. It has a small team of advisors on staff and is a fee-only firm.
There is no required minimum account balance, but the firm reserves the right to choose not to work with investors who don’t have enough in investable assets. The Rice Partnership works mostly with high-net-worth individuals, though it does serve some non-high-net-worth individuals. The firm also works with a small number of pension plans, charitable organizations and state or municipal government entities.
The Rice Partnership Background
The Rice Partnership was founded in 2005 by Bonnie F. Rice, who still serves as one of firm’s principals, chief compliance officer and director of client services. Orest V. Saikevych is also a principal. In addition to its main office in Honolulu, the firm has a satellite offices in Maui and San Luis Obispo, California.
Alongside its advisory services, the firm also offers tax and estate planning services for individuals. For businesses, it offers mergers and acquisition services along with capital markets options. The firm is also the whole owner of Wealthjar Investment Advisory, LLC, a separate advisory firm that offers automated portfolio management services through the Schwab Institutional Intelligent Portfolios investment management platform. For clients interested in a robo-advisor with lower fees, Wealthjar could be an attractive option.
The Rice Partnership Investment Strategy
The Rice Partnership has a number of core investment strategies. One is Core U.S. Equity, which focuses on domestic investments and seeks companies with free cash flow. Another is Active Fixed Income Management, which looks for issues on the high-quality section of the yield curve. The International ETF strategy uses the liquidity and low costs of ETFs to the client’s advantage.
Advisors work with individual clients to tailor an investment strategy that works for them. Each client is given a plan that will help them steadily grow their assets.
Regency Capital Management
Next up on our list of Hawaii's top financial advisors is Regency Capital Management. This firm has a small client base made up of high-net-worth individuals, non-high-net-worth individuals, retirement plans and charitable organizations.
Regency is a fee-only firm, meaning that none of the firm's advisors earn commissions from the sale of financial products to clients. The firm currently has a minimum account size requirement of $1 million.
Regency Capital Management Background
Founded and registered with the SEC as an investment advisor in 2021, Regency Capital Management is by far the youngest firm on our Hawaii list. The firm is owned by Regency Acquisitions LLC, which is a holding company owned by Neil Rose.
Client at Regency can receive investment portfolio management services, access to model portfolios and investment consulting services. The firm manages client assets on a discretionary basis.
Regency Capital Management Investment Strategy
Advisors at Regency Capital Management tailor their investment strategies to the needs of clients. Advisors with clients to determine their financial situations and investment objectives, plus information such as a client's tolerance for risk or liquidity needs. This helps them create effective investment strategies for each client.
Regency has six different model portfolios that also have exchange-traded fund (ETF) versions. Advisors may use other investments for clients as they see fit.
Wealthjar Investment Advisory
Next on our list of Hawaii's top financial advisory firms is Wealthjar Investment Advisory. This small firm actually shares an office with The Rice Partnership, the second firm on our list. This firm only works with non-high-net-worth individuals. It has a minimum account size requirement of $5,000.
As a fee-only firm, Wealthjar's advisors do not receive commissions from third-party sales. The firm only receives advisory fees from clients and is therefore not subject to a potential conflict of interest.
Wealthjar Investment Advisory Background
Wealthjar Investment Advisory was founded in 2017 and is a subsidiary of The Rice Partnership. The two firms share an office space, back-office support staff and some of Wealthjar's advisors may be advisors at The Rice Partnership. The firm is owned by Bonnie F. Rice, certified trust and financial advisor (CTFA) and chartered financial consultant (ChFC) and Orest V. Saikevych. Rice serves as director of private client services and Saikevych serves as chief investment officer (CIO).
Wealthjar provides clients with both portfolio management services and financial planning services. Its small pool of assets are managed entirely on a discretionary basis.
Wealthjar Investment Advisory Services
Wealthjar Investment Advisory uses what they call Institutional Intelligent Portfolios. This platform is an automated, online investment management system that is designed to help clients grow their assets. The tool can change based on the specific needs and objectives of the client, but it isn't the same as working with an individual advisor.
The firm also provides financial planning, which can entail developing an investment strategy with an advisor. When it comes to this servie, the firm tailors investment advice on the financial objectives and situation of its clients.
Shiraishi Financial Group Advisors
Shiraishi Financial Group Advisors is a fee-based firm based in Honolulu. In addition to fees, advisors at the firm may earn commissions from selling customers various financial products. This is a potential conflict of interest, but the firm is bound by fiduciary duty to act in the client’s best interest.
Shiraishi does not have a set account minimum. The firm mainly caters to individual investors but it does have some high-net-worth individual clients. It also advises a small number of pension plans and businesses.
Shiraishi Financial Group Advisors Background
Shiraishi Financial Group Advisors was founded in 2013. It is solely owned by Herbert Shiraishi, who is also the firm’s president and CEO. Shiraishi has worked in financial services since 1988.
In addition to wealth management, the firm offers retirement planning services and help with life insurance, long-term care insurance and disability insurance. The firm also has a special division dedicated to advising teachers who take part in the National Education Association’s retirement program.
Shiraishi Financial Group Advisors Strategy
Shiraishi Financial Group Advisors offers numerous portfolio models. The firm’s active model consists of high-yield bond funds, government bond funds and money market funds. The rotation model invests in two top-performing funds each month. The seasonal model adds large-cap equity funds to the active model. The star model adjust equities exposure based on market trends, while the sector model uses both equities and bonds.
The firm’s team works with clients to find the model that best fits their needs and then helps to create a diverse portfolio.
Andrews Advisory Associates
Andrews Advisory Associates is a fee-only advisory firm, meaning it only earns income from the management fees its clients pay. Among the firm’s advisors there are several certified financial planners (CFPs).
You’ll need at least $250,000 in investable assets to be a client of Andrews Advisory. The firm works with individuals, high-net-worth individuals, pension plans, charitable organizations and corporations.
Andrews Advisory Associates Background
Les Andrews founded Andrews Advisory Associates in 2006 after working in the financial services industry as the co-founder of Andrews & Enos, LLC since 1975. Andrews is the majority owner of the firm, and Christina M. Cotten and Travis T. Tsukayama are both minority owners.
The firm offers a range of services including discretionary and non-discretionary investment management services, retirement plan investment management services and financial planning services.
Andrews Advisory Associates Investment Philosophy
Andrews Advisory Associates works to combine different asset classes in client portfolios such that the strengths of certain asset classes cover the weaknesses of others. The firm regularly revisits portfolios for rebalancing in an attempt to potentially reduce risk and improve performance.
The firm’s investment strategy prizes risk management, seeking to rid portfolios of any avoidable risk whenever possible. It primarily recommends highly liquid securities with large market capitalization. The firm rarely recommends investments that can’t be easily traded.
Kahala Financial Advisors
Kahala Financial Advisors is one of the older firms on our list, having been in business since 1986. The fee-only firm works almost exclusively with individuals, as well as one charitable organization.
The firm imposes a $500,000 account minimum. Its advisors include multiple with the certified financial planner (CFP) certification.
Kahala Financial Advisors Background
Kahala Financial Advisors was founded in 1986 by Greg Miyashiro. Miyashiro continues to serve as an owner and advisor of the firm along with his son, Ryan Miyashiro. Greg Miyashiro has been working in the financial services industry for more than 40 years, and Ryan Miyashiro has been doing so for over 15 years.
The firm offers investment advisory services, including investment analyses, asset allocation, quarterly performance reports, ongoing monitoring and rebalancing services. The firm also offers financial planning services, covering credit, budgets, retirement and college-funding analyses, insurance, wills and trusts, income tax-reduction strategies and investments.
Kahala Financial Advisors Investment Philosophy
Typically, the firm will invest client assets in a range of equities, corporate and municipal bonds, mutual funds, certificates of deposit (CDs), variable life insurance and annuities and real estate investment trusts (REITs).
Kahala Financial Advisors applies a long-term approach to its portfolios rather than making any attempts to time the market. The firm will use a range of asset allocation models to balance risk and create diversified portfolios, taking into account each client’s risk tolerance and time horizon when choosing the specific model. Clients can alter their asset allocation at any time depending on their individual circumstances.
Robert Priske is a fee-only firm that has been offering advisory services in Honolulu since 1987. The account minimum is a bit high at $500,000, but the firm may waive this minimum under certain circumstances.
The firm works with non-high-net-worth individuals, high-net-worth individuals and pension plans. Clients are typically business and healthcare professionals. Robert Priske has a small team of advisors, one of them being Robert Priske himself.
Robert Priske Background
Robert Priske was founded in 1987 by Robert Priske, who is still the sole owner of the firm. Chris Chu also directs brokerage account service teams, prepares performance reports and manages portfolio data.
The firm provides investment supervisory services as well as financial planning advice that covers saving, investment, estate planning, taxes, and other matters specific to individual clients.
Robert Priske Investment Philosophy
When analyzing investments, Robert Priske uses a mix of fundamental, technical and cyclical analysis and charting. The firm tailors its investment strategy to the client. It considers the client’s risk tolerance, time horizon and investment objectives in determining the right balance of long-term purchasing, short-term purchasing, trading and margin transactions.
Investments in client portfolios include exchange-traded funds (ETFs), equities, securities traded over-the-counter, foreign issues, warrants, debt securities, certificates of deposit, municipal securities, mutual funds, government securities and options contracts. Equities and funds typically are weighted most heavily.