Finding a Top Financial Advisor Firm in Lakeland, FL
You’ll have access to many different advisor firms in Lakeland, Florida, but it’s important that you choose the most suitable advisor. To help you with your search, we’ve created a list of the area’s top firms, which we based on assets under management (AUM), advisory services, fee structure and more.
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|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||Core Wealth Advisors, Inc. Find an Advisor||$411,948,858||No set account minimum|| || |
Minimum AssetsNo set account minimum
What We Use in Our Methodology
To find the top financial advisors in Lakeland, 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:
- AUMFirms with more total assets under management are ranked higher.
- Individual Client CountFirms who serve more individual clients (as opposed to institutional clients) are ranked higher.
- Clients Per AdvisorFirms with a lower ratio of clients per financial advisor are ranked higher.
- Age of FirmFirms that have been in business longer are ranked higher.
All information is obtained through public records and is updated annually after the firms’ form ADV filing. 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. SmartAsset is not a client of the aforementioned firms, and did not receive compensation for including any of the firms on the aforementioned list.
Core Wealth Advisors
Fee-only firm Core Wealth Advisors provides various advisory services to individuals, high-net-worth individuals and retirement plans. The firm has advisors who are certified financial planners (CFPs), certified public accountants (CPAs), personal financial specialists (PFSs) and chartered retirement plans specialists (CRPSs).
Core Wealth primarily charges asset-based fees (1.50%) for wealth management, as well as hourly fees for standalone financial planning. The firm doesn’t impose a minimum account size requirement.
Core Wealth Advisors Background
Founded in 2013, Core Wealth is principally owned by Charles Foss. The firm’s advisory services consist of portfolio management, financial planning and selection of other advisors. The firm markets those services to people going through life transitions, executives and entrepreneurs, professional athletes and people approaching retirement.
Core Wealth’s financial planning services also delve into additional areas of wealth management, including:
- Estate planning
- Risk management
- Budgeting and cash flow controls
- Retirement planning
- Education funding
- Investment portfolio design
Core Wealth Advisors Investment Strategy
Core Wealth’s investment strategies include long-term purchases and short-term purchases. Long-term purchases are securities purchased with the expectation that they’ll be held for at least a year. Short-term purchases are typically sold within a year.
Core Wealth mainly invests in mutual funds, exchange-traded funds, individual bonds and fixed-income investments. The firm will incorporate individual stocks only if they’re transferred in for tax purposes.