Finding a Top Financial Advisor Firm in La Mesa, CA
If you’re looking for a way to narrow down the long list of financial advisors in La Mesa, California, our review of the city’s top firms can help. We’ve compared each firm’s assets under management (AUM), advisory services, investment strategies, industry credentials and more. SmartAsset’s free financial advisor matching service can also help you connect with local advisors.
|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||Reilly Financial Advisors Find an Advisor||$1,907,850,266||Varies based on account type|| || |
Minimum AssetsVaries based on account type
|2||Petix & Botte Financial, Inc. Find an Advisor||$246,871,000||Varies based on account type|| || |
Minimum AssetsVaries based on account type
|3||Davis & Seiley Wealth Management, Inc. Find an Advisor||$168,218,184||$250,000|| || |
Let us help match you with the right financial advisor for your needs.Answer a few questions to get a personalized match.
|4||Blue Summit Wealth Management Find an Advisor||$132,861,287||No set account minimum|| || |
Minimum AssetsNo set account minimum
How We Found the Top Financial Advisor Firms in La Mesa, CA
To find the top financial advisors in La Mesa, California, 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:
Reilly Financial Advisors is a fee-only firm where the minimum investment level ranges from $5,000 to $500,000, based on which services are used. Only individuals are clients at Reilly, and a bit more than 50% of those are not high-net-worth clients.
Fees for wealth management are based on a percentage of assets under management. The team of advisors includes ten certified financial planners (CFPs), two accredited investment fiduciaries (AIFs) and two certified public accountants (CPAs).
Reilly Financial Advisors Background
RFA was formed in 1997 and became a registered investment firm in 1999. The firm is owned by the Reilly 2015 Irrevocable Trust.
Services offered include wealth management, insurance analysis and retirement plan analysis.
Reilly Financial Advisors Investment Strategy
The following strategies are available to clients at RFA:
- Core -- a variety of risk-weighted options
- Defensive -- investments in equity markets, including investing in the MINT Fund, which looks for lower volatility risks
- Aggressive -- for clients who can take a higher risk level
- Catholic Portfolio -- for clients who want to invest in the market with the guidance of Catholic values.
Petix & Botte Financial, Inc.
Leading this list is fee-based firm Petix & Botte Financial, Inc. The full-service wealth advisory firm serves individuals and high-net-worth individuals, trusts, estates, charitable organizations, corporations, limited liability companies and other business types. The team here includes three certified financial planners (CFPs) and two IRS enrolled agents (EAs).
The minimum account size varies based on account type. The firm mainly charges asset-based fees for investment management and hourly charges or fixed fees for financial planning or consulting. But the firm can also generate commission-based compensation from the sale of investment products. This can potentially create a conflict of interest, but Petix & Botte has a fiduciary duty to work in each client’s best interest.
Petix & Botte Financial Background
Owned by Vickie Petix and Paul Botte, Petix & Botte has been providing fee-based investment advisory services since its establishment in 1984. The firm offers tactical asset management, financial planning, selection of other advisors and securities selection services.
Clients have access to the following advisory services:
- Retirement and college funding analysis
- Inventory of assets and liabilities
- Tax-efficient strategies
- IRA rollover services
- Estate planning
- Life insurance evaluation and recommendations
- Retirement planning
- Lump sum distributions
- Philanthropic gifting/charitable trusts
Petix & Botte Financial Investment Strategy
Petix & Botte uses what it calls a "Family 360 Formula" to help its clients and their families reach their short- and long-term financial goals. The formula focuses on discovery, design and deployment. The “discovery” step works to identify the client’s goals, while the “design” helps advisors create a plan for the client and choose the right advisory services. The “deployment” stage consists of financial and legacy planning, investment vehicle and risk assessment, ongoing service and building lasting relationships.
The firm mainly employs long-term purchases, and it analyzes securities using technical, cyclical and fundamental analyses.
Davis & Seiley Wealth Management, Inc.
Davis & Seiley Wealth Management, Inc. is a fee-only financial services firm with a team that features two certified financial planners (CFPs) and one chartered retirement plans specialist (CRPS). Its client base includes individuals and high-net-worth individuals, trusts, estates or charitable organizations.
Davis & Seiley requires $250,000 for clients to establish an advisory relationship. The firm primarily earns its compensation from asset-based fees and hourly charges.
Davis and Seiley Wealth Management Background
Marc Davis founded Davis & Seily in 1994. The firm provides investment management, financial planning, retirement planning, estate planning, tax planning and education planning. For new clients, the firm offers a free initial consultation.
Davis and Seiley Wealth Management Investing Strategy
Davis & Seiley primarily researches securities using fundamental analysis. The firm’s asset allocation models, which depend on the client, generally consist of stocks, bonds, cash, real estate and alternative investments.
The firm primarily uses long-term purchases as an investment strategy.
Blue Summit Wealth Management
Last on our list is Blue Summit Wealth Management, which also goes by Blue Summit Financial Group, Inc. The practice works with individuals, high-net-worth individuals, inheritors, qualified and non-qualified accounts, corporate accounts, private trusts, private fiduciaries, pension and profit-sharing plans, charitable institutions and endowments.
The team includes two certified financial planners (CFPs) and one certified public accountant (CPA).
When it comes to advisory fees, Blue Summit charges asset-based fees, hourly charges and fixed fees. Some advisors earn commissions, which is a potential conflict of interest. That said, advisors are bound by their fiduciary duty to work in the best interest of the client. The firm doesn’t have an account minimum requirement.
Blue Summit Wealth Management Background
Blue Summit was formed in 1924 under the ownership of firm partner and founded Judith L. Seid, and has undergone several name changes over the years. Allen Trim and Robert Seid are also firm partners.
Advisory services include portfolio management, financial planning and pension consulting.
Blue Summit Wealth Management Investment Strategy
The firm says it strives to be the U.S.’s most trusted and prominent financial services firm by specializing in socially responsible investing (SRI). Blue Summit’s investment models integrate environmental, social and governance (ESG) criteria, and the firm says it provides alternative investments that have a greater impact on specific sectors of sustainability or social justice.
When conducting investment research, Blue Summit employs fundamental analysis, long-term purchases and Modern Portfolio Theory.