Menu burger Close thin Facebook Twitter Google plus Linked in Reddit Email arrow-right-sm arrow-right
Loading
Tap on the profile icon to edit
your financial details.

The Top Financial Advisors in Lakeland, FL

Your Details Done
by Updated

This review was produced by SmartAsset based on publicly available information. The named firm and its financial professionals have not reviewed, approved, or endorsed this review and are not responsible for its accuracy. Review content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named firm and its financial professionals, and firms and financial professionals having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s reviews. This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the firm mentioned in this review or its financial professionals.

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. You can also use SmartAsset’s free financial advisor matching tool to get in touch with up to three local advisors. 

Find a Fiduciary Financial Advisor

We match more than 50,000 people with financial advisors per month. Get connected to an advisor that serves your area today.
Free inital consultations. All advisors are fiduciaries.

Rank Financial Advisor Assets Managed Minimum Assets Financial Services More Information
1 Core Wealth Advisors, Inc. Core Wealth Advisors, Inc. logo Find an Advisor

Read Review

$324,822,673 No set account minimum
  • Portfolio management
  • Financial planning
  • Selection of other advisors
  • Tax preparation services

Minimum Assets

No set account minimum

Financial Services

  • Portfolio management
  • Financial planning
  • Selection of other advisors
  • Tax preparation services
2 Wall Advisors, Inc. Find an Advisor

Read Review

$125,948,938 Varies based on account type
  • Financial planning
  • Portfolio management
  • Selection of other advisors
  • Fiduciary to 401(k) plans

Minimum Assets

Varies based on account type

Financial Services

  • Financial planning
  • Portfolio management
  • Selection of other advisors
  • Fiduciary to 401(k) plans

Let us help match you with the right financial advisor for your needs.

Answer a few questions to get a personalized match.
Get started

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:

  • AUM
    Firms with more total assets under management are ranked higher.
  • Individual Client Count
    Firms who serve more individual clients (as opposed to institutional clients) are ranked higher.
  • Clients Per Advisor
    Firms with a lower ratio of clients per financial advisor are ranked higher.
  • Age of Firm
    Firms that have been in business longer are ranked higher.
  • Fee Structure
    Firms with a fee-only (as opposed to fee-based) compensation structure are ranked higher.

All information is accurate as of the writing of this article. 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.

Core Wealth Advisors, Inc.

Fee-only firm Core Wealth Advisors provides various advisory services to individuals, high-net-worth individuals, corporations and charitable organizations. The firm has advisors who are certified financial planners (CFPs), certified public accountants (CPAs) and chartered retirement plans specialists (CRPSs). 

Core Wealth primarily charges asset-based fees for investment management, with fixed fees and hourly fees used for financial planning. The firm doesn’t impose a minimum account size requirement. 

Core Wealth Advisors Background

Founded in 2013, Core Wealth is owned by Charles Foss. The firm’s advisory services consist of portfolio management, financial planning, selection of other advisors and tax preparation. 

Core Wealth’s financial planning services also provide 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 if requested by the client, or if they’re transferred in for tax purposes.

Wall Advisors

Wall Advisors, Inc. (WAI) provides services to individual as well as institutional clients, including high-net-worth individuals, non-high-net-worth individuals, pensions, profit-sharing plans, corporations and other businesses.

The relatively small advisory team at this fee-based firm holds various advanced certifications among them: certified financial planner (CFP), certified public accountant (CPA) and personal finance specialist (PFS). 

While the firm has no broker-dealer affiliation, management persons may own securities products that they recommend to clients. Additionally, one or more of the firm’s advisors may be licensed CPAs and may receive compensation for providing such services. This may present a conflict of interest, but the firm is a fiduciary and must act in clients' best interests.

Wall Advisors Background

WAI was establshed in 2003. Its sole direct owner is Hosler Lee Wall III.

The firm asset management services, financial planning services, investment consultations, retirement plan services and solicitation of third-party managers to its clients.

Wall Advisors Investing Strategy

WAI may use any or all of the following methods of analysis when putting together investment advice:

  • Fundamental analysis
  • Technical analysis
  • Cyclical analysis
  • Charting
  • Monitoring investment cycles and trends

While the firm does not recommend any particular type(s) of securities as part of its advisory services, it uses a frequent trading strategy for its clients (which may result in increased brokerage and other transaction costs and taxes). 

How Long $1mm Lasts in Retirement

SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Zoom between states and the national map to see the top spots in each region. Also, scroll over any city to learn about the cost of living in retirement for that location.

Least
Most
Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology We analyzed data on average expenditures for seniors, cost of living and investment returns to determine how many years of retirement a $1 million nest egg would cover in cities across America.

First, we looked at data from the Bureau of Labor Statistics (BLS) on the average annual expenditures of seniors. We then applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. Using this data, SmartAsset calculated the average cost of living for retirees in the largest U.S. cities.

We assumed the $1 million would grow at a real return (interest minus inflation) of 2%. Then, we divided $1 million by the sum of each of those annual numbers to determine how long $1 million would cover retirement expenses in each of the cities in our study. Cities where $1 million lasted the longest ranked the highest in the study.

Sources: Bureau of Labor Statistics (BLS), Council for Community and Economic Research