Finding a Top Financial Advisor Firm in Honolulu, Hawaii
Choosing a financial advisor who fits your needs is easier said than done. To simplify the search process, SmartAsset compiled this list of the top financial advisor firms in Honolulu. Read through the tables and reviews below to see which firms’ account minimums, investment strategies, certifications and more are most in line with what you’re looking for. Another way to simplify your search for a financial advisor is to use SmartAsset’s free matching tool, which will pair you with financial advisors 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 Honolulu, Hawaii
To find the top financial advisors in Honolulu, Hawaii, 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:
Cadinha & Co.
Cadinha & Co. leads off our list of the top financial advisor firms in Honolulu. The vast majority of its clients are non-high-net-worth individuals. Other clients include high-net-worth individuals and a small number of pensions, profit sharing plans, charitable organizations and corporations. The firm imposes a wide range of different minimum annual fees for its various advisory services and programs, and clients are generally required to have at least $1 million in investable assets.
As a fee-only firm, advisors at Cadinha do not receive third-party commissions. They instead only receive advisory fees directly from clients. This keeps them from being subject to a potential conflict of interest.
Cadinha & Co. Background
Cadinha & Co. was founded and registered with the SEC in 1979, making it one of the older firms on our Honolulu list. The firm also has an office in Park City, Utah. The firm is owned by Cadinha Acquisition Corp. and Cadinha Partners. The Harlan J. Cadinha Family Limited Partnership is an owner of Cadinhan Acquisition Corp. Harlan J. Cadinha is the firm's founder, chairman and cheif strategist.
Cadinha works with both individual and institutional investors, providing them with investment management services, a managed allocation portfolio (MAP) and global portfolio strategies (GPS). It also offers financial planning and consulting and wrap fee programs.
Cadinha & Co. Investment Strategy
Cadinha & Co. provides its investment management services and crafts its investment strategies based on the individual needs of each of its clients. Advisors at the firm meet with all new clients to first deteremine their investment profile. This involves compiling information on their financial situation, investment objectives, tolerance for risk and any other relevant information.
Advisors at Cadinha use a range 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. To evaluate potential investments, advisors use top-down, fundamental and technical analysis.
Bankoh Advisors is the asset management branch of the Bank of Hawaii. To open an account with this fee-based firm, you will need a minimum of $100,000. The firm primarily serves non-high-net-worth individuals. Bankoh Advisors only charges a percentage of your total assets under management (AUM).
Advisors of this firm may be licensed insurance agents or broker-dealers, which means you could be offered insurance products or securities for which the advisor could earn a commission. However, the firm’s fiduciary duty legally binds it to act in your best financial interest at all times.
Bankoh Advisors Background
Bankoh Advisors was established in 1991. The Bank of Hawaii owns Bankoh Advisors, which means the firm is a subsidiary of the financial institution. Christopher Otto is the firm’s principal officer and president and has two decades of experience in personal finance.
This firm’s service offerings cover a wide range of financial needs. Its services include retirement planning, estate and wealth transfer planning, trust creation, tax minimization, insurance evaluation and planning, personal savings, higher-education savings, charitable giving and business succession plans.
Bankoh Advisors Investment Strategy
Bankoh Advisors considers a number of factors to determine your investment plan, including your current financial situation, tax status, risk tolerance and time horizon. The firm doesn't actaully offer portfolio management, so while you can receive advice on how to manage your own portfolio, the firm doesn't do it by itself.
The Rice Partnership
The Rice Partnership is a fee-only firm with a small team of advisors on staff. The firm says it has deep roots in the islands: one of the firm’s principals, Bonnie Rice, is part of a Hawaiian ranching family that goes back four generations.
There’s no minimum amount required to open an account with this firm, though the firm can choose not to work with a client if it deems their investable assets to be too low. The majority of its clientele are high-net-worth investors, though it also works with non-high-net-worth clients.
The Rice Partnership Background
Bonnie Rice and Orest Saikevych are joint principal members of The Rice Partnership, which they established in 2005. This is an employee-owned firm, meaning those who work here hold a stake in the business. The firm’s Honolulu-based advisors average about 30 years of experience in the financial industry.
The Rice Partnership’s primary focus is serving individuals. Its services available to individual investors include tax mitigation, estate planning, retirement planning and philanthropic planning.
The firm also serves as a family office, with services including property and document management, higher education costs, trusts and wealth transfers and daily accounting management.
In addition, the firm offers services to small and large business owners, including strategic advice regarding stock sales, liquidity needs, any mergers/acquisitions or a total business sale.
The Rice Partnership Investment Strategy
Domestic companies in growing markets that have a strong cash flow are at the core of The Rice Partnership’s long-term investment strategy. Your advisor will search for investment opportunities that will remain in your portfolio for at least a year, as the firm believes in low investment turnover.
The firm isn’t blind to global market trends, though. Based on these trends, the firm will invest in exchange-traded funds (ETFs) that are cheap and movable, in addition to investing in stocks. The firm uses ETFs to make it easier to rebalance your portfolio when necessary. Rebalancing will keep your portfolio’s asset allocations in check and in line with your risk tolerance level.
Regency Capital Management
Regency Capital Management is the next firm on our list. This brand-new firm doesn't have a huge client base, but works mainly with high-net-worth individuals and non-high-net-worth individuals. It also works with a small number of pensions, profit sharing plans and charitable organizations.
Regency is a fee-only firm, so advisors won't earn commissions from selling financial products to clients. As a result, there is no potential conflict of interest. New clients will typically need at least $1 million in investable assets.
Regency Capital Management Background
Regency Capital Management is easily the youngest firm on our list, as it was founded in 2021. It also became an SEC-registered investment advisor in 2021. The firm is so new, it doesn't yet have an operational website. Regency Acquisitions LLC, a holding company owned by Neil Rose, is the owner of the firm.
Regency provides clients with investment management services, model portfolios and investment consulting services. Assets at the firm are managed on a discretionary basis.
Regency Capital Management Investment Strategy
Regency Capital Management's investment strategies are typically tailored to the needs of clients. Advisors will meet with clients to determine their financial situations and investment objectives in order to craft an effective investment strategy for each client. Upon learning about the client's situation, advisors may invest in model portfolios or individual securities.
Regency has six different model portfolios. It may also provide access to ETF-centric versions of these model portfolios.
Wealthjar Investment Advisory
Wealthjar Investment Advisory is quite a small firm, and it shares an office with the third firm on this list, The Rice Partnership. Wealthjar's clientele includes only non-high-net-worth individuals. It has a very small minimum account size requirement of $5,000.
Wealthjar is a fee-only firm. Its advisors are not registered as insurance agents or broker-dealer representatives and therefore do not receive commissions from third-party sales. As a result, it only receives advisory fees from clients and is not subject to a potential conflict of interest.
Wealthjar Investment Advisory Background
Wealthjar Investment Advisory is a subsidiary of The Rice Partnership, another firm on our list. They share office space and support staff, and some advisors of Wealthjar may even be advisors at The Rice Partnership as well. Wealthjar was founded in 2017. It is owned by Bonnie F. Rice, certified trust and financial advisor (CTFA) and chartered financial consultant (ChFC) along with Orest V. Saikevych. Rice is the director of private client services and Saikevych is chief investment officer (CIO).
Wealthjar provides clients with basic portfolio management and financial planning services. It has a very small amount of assets under management, all of which are managed on a discretionary basis.
Wealthjar Investment Advisory Services
Wealthjar Investment Advisory uses Institutional Intelligent Portfolios, an automated, online investment management platform in order to help clients grow their assets. While the tool can change based on the specific needs and objectives of the client, you won't be working with an individual advisor.
The firm also provides financial planning, which can entail developing an investment strategy. In this scenario, the firm tailors investment advice based more specifically on the financial objectives of clients.
Shiraishi Financial Group Advisors
Shiraishi Financial Group Advisors does not have a set account minimum. The firm primarily serves non-high-net-worth individuals. Its client base also includes businesses, charitable organizations and trust or estate candidates.
Shiraishi Financial Group Advisors is a fee-based firm. As part of your client-advisor relationship, you might be offered insurance or securities that advisors could earn commissions from. Should this happen, remember that the firm is a fiduciary, meaning it must always act in your best financial interest.
Shiraishi Financial Group Advisors Background
Shiraishi Financial Group Advisors has only been in business since 2013. But Herbert Shiraishi, the firm’s sole owner and founder, has worked in personal finance for over 30 years.
The firm offers services like retirement planning, income planning, tax planning, asset protection and risk management, investment planning, estate planning and educational fund planning.
Shiraishi Financial Group Advisors Investment Strategy
Although Shiraishi Financial Group Advisors says it’s primarily focused on the long-term goals of its clients, the firm also believes in using active investment management to achieve extra growth in the short term.
Shiraishi is the only firm on this list that uses the “tactical re-allocation” strategy. This relatively rare strategy calls for your advisor to consistently move your assets in an effort to follow rapid market movements across various asset classes. The firm primarily uses stocks, bonds, cash and investment company securities.
The level to which these principles are applied depends on your individual financial situation and objectives. These strategies also relate to your risk tolerance, time horizon, liquidity needs and any other personal prerequisites.
Andrews Advisory Associates
Andrews Advisory Associates has a high rate of professional certifications, with a handful of certified financial planners (CFPs) among its advisors. This fee-only firm works with individuals, high-net-worth individuals, pension plans and profit-sharing plans.
The minimum initial investment at this firm is $250,000. However, under certain circumstances, the firm may accept clients with less than that. Advisors do not earn commissions from selling financial products to clients.
Andrews Advisory Associates Background
Andrews Advisory Associates was founded in 2006 by Les Andrews, the current majority owner of the firm. Andrews has more than 40 years of experience in the financial services industry. Christina M. Cotten and Travis T. Tsukayama also own a minority share of the firm.
Services the firm provides include discretionary and non-discretionary investment management services, financial planning services and retirement plan investment management services.
Andrews Advisory Associates Investment Philosophy
Andrews Advisory Associates creates client portfolios with an eye toward balanced asset allocation, making sure the strengths of certain asset classes cover the weaknesses of others. The firm seeks to reduce risk and improve performance by routinely revisiting asset allocation to see if rebalancing is necessary.
Andrews Advisory prioritizes risk management as a core element of its investment strategy. It typically recommends investments that are highly liquid and have large market capitalizations. The firm’s investment strategy prizes risk management, seeking to rid portfolios of any avoidable risk whenever possible. Recommendations are primarily highly liquid securities with large market capitalization.
Kahala Financial Advisors
Kahala Financial Advisors is a fee-only firm that has been doing business since 1986. The overwhelming majority of the firm’s clients are individuals, but the firm also works with one charitable organization.
Kahala has an account minimum of $500,000. The firm has a small team of advisors, all of whom are certified financial planners (CFPs).
Kahala Financial Advisors Background
Greg Miyashiro founded Kahala Financial Advisors in 1986. He is a part owner of the firm, along with his son, Ryan Miyashiro; they are also the firm's only advisors. Greg Miyashiro has more than 40 years of experience in the financial services industry for more than 40 years, and Ryan Miyashiro has about two decades.
The firm’s primary offering is investment advisory services, consisting of asset allocation, investment analyses, ongoing monitoring, quarterly performance reports and rebalancing services. Additionally, the firm provides financial planning services, covering budgets, credit, income tax-reduction strategies, insurance matters, retirement planning, education planning, estate planning and investing.
Kahala Financial Advisors Investment Philosophy
For the most part, the firm will invest client assets in a mix of corporate and municipal bonds, equity, mutual funds, variable life insurance and annuities, certificates of deposit (CDs) and real estate investment trusts (REITs).
Kahala doesn’t ever focus on market timing or short-term transactions, preferring instead to take a long-term, “buy and hold” approach to investing. As a starting point for client portfolios, the firm uses a collection of asset allocation models that balance risk and foster diversification. Each client can choose a model that best fits with his or her risk tolerance and time horizon, and clients are free to shift their asset allocation at any point. The firm also regularly revisits its models to determine if they should be rebalanced.
Robert Priske has been providing investment and financial planning advice since 1987. The fee-only firm has an account minimum of $500,000, but the firm maintains the right to waive this minimum at its discretion.
The firm’s clients are generally business and healthcare professionals, and the firm works with individuals, high-net-worth individuals and pension plans.
Robert Priske Background
Robert Priske founded the firm in 1987, and he is still the sole owner of the firm. Chris Chu, the firm’s other advisor, helps to manage portfolio data, prepare performance reports and direct brokerage account service teams.
The firm offers investment supervisory services to its clients, and it also provides financial planning advice regarding saving and budgeting, taxes, estate planning, investing and other matters specific to individual clients.
Robert Priske Investment Philosophy
Robert Priske relies on a combination of fundamental, technical and cyclical analysis and charting for its investment analysis. The firm considers each client’s objectives, timeline and risk tolerance, then tailors its investment strategy accordingly, determining the right balance of long-term purchasing, short-term purchasing, trading and margin transactions.
The firm typically invests in some combination of equities, exchange-traded funds (ETFs), over-the-counter securities, debt securities, warrants, foreign issues, certificates of deposit (CDs), municipal securities, government securities and mutual funds. The firm will usually weight equities and funds more heavily than others.