Finding a Top Financial Advisor Firm in Las Vegas, Nevada
Finding a reliable financial advisor who looks out for you is easier said than done. SmartAsset built this list of the top financial advisor firms in Las Vegas to help you find an advisor who’s the right fit for you. Our hours of research have resulted in this complete overview of what each firm charges, what services it offers, how it invests assets and more. While these reviews are helpful for anyone in search of an advisor in Las Vegas, SmartAsset’s financial advisor matching tool can help investors everywhere find a financial advisor near them through a short questionnaire.
How We Found the Top Financial Advisor Firms in Las Vegas, Nevada
Using information gathered from the U.S. Securities and Exchange Commission (SEC), SmartAsset put together this list of the top SEC-registered financial advisor firms in Las Vegas. Every organization on this list is a fiduciary. Any firms that have disciplinary issues, lack financial planners or do not manage individual accounts were eliminated from contention. The remaining firms were ranked from the highest total assets under management (AUM) to lowest.
The Wealth Consulting Group
The Wealth Consulting Group holds more than triple the assets under management (AUM) of the second-ranking firm in terms of AUM, Buckley Wealth Management, LLC. The Wealth Consulting Group has 18 offices around the U.S., with its headquarters in Las Vegas. Depending on the type of account you want to open, your account minimum will fall between a modest $15,000 and a much higher $250,000.
Choosing this fee-only firm gives you access to two certified financial planners (CFPs®), a chartered retirement planning counselor (CRPC), a certified fund specialist (CFS) and a chartered life underwriter (CLU®).
The firm’s CEO, Jimmy Lee, has made quite the splash in personal finance. Lee’s words have appeared in U.S. News and World Report, Fox Business and The New York Times.
The Wealth Consulting Group Background
The Wealth Consulting Group was founded in 2014, though its financial advisors have between 10 and 20 years of experience in the business.
The Wealth Consulting Group caters to business owners. This firm can aid you with succession planning, employee benefit programs and compensation consultations. If you’re worried how your business could affect your own assets, the firm can analyze those details with you, as well.
The Wealth Consulting Group Strategy
Regardless of what your current financial plan looks like, The Wealth Consulting Group will try to fill in the missing links. In the end, though, helping individuals and families safeguard their money and build a legacy is what this firm claims to do best.
The Wealth Consulting Group does this by planning ahead for taxes, as well as for other formidable costs and risks. Aside from managing your assets, the firm will also craft strategies around any estate plans, trusts or philanthropic dreams you might have.
Buckley Wealth Management, LLC
The most recently formed firm on this list, the independently owned Buckley Wealth Management was started in 2017. While it’s a young firm, the managing partner, Brian J. Buckley, has 38 years of personal investment experience. Buckley is also a certified investment management analyst (CIMA®). The firm also offers a certified financial planner (CFP®).
A wide range of investors can easily get involved with this fee-based firm, as it’s the only firm on this list that does not have a set account minimum. In fact, the majority of people this firm works with are not considered high net worth.
This firm states that it’s focused not only on the account holder, but on their family, as well. Buckley is also only one of two firms on this list that offers pension consulting services, along with the American Retirement Planning Group, Inc.
Buckley Wealth Management, LLC Background
Buckley Wealth Management’s employees boast a unique combination of both new- and old-school mentalities. Two of the firm’s employees have been in the business of personal finance for almost 40 years, while two others are relative newcomers.
The firm’s website is packed with metaphors for how to think of your retirement funding and how it can help. Aside from advising soon-to-be retirees, Buckley also consistently works with non-profit organizations.
Services like retirement projections and investing, estate planning, the creation of trusts and tax management are some of the hallmarks of this firm. The firm relies on the information and feedback that clients provide to carry out these services.
Buckley Wealth Management, LLC Strategy
Buckley claims to tirelessly go over clients’ personal retirement desires to figure out exactly how much they’ll need to save. The firm will then implement an investment plan centered around equities, fixed income and after tax-return, attempting to ensure your retirement projections are realistically taking taxes into account.
The firm also states that it works with every client’s attorney and accountant to make sure all aspects of your financial situation align. Strategically, Buckley also aims to minimize estate tax so your money stays intact for the long run.
Kingsbridge Wealth Management, LLC
Since 2009, Kingsbridge Wealth Management, Inc. has been providing financial advice to mostly high-net-worth individuals and their families. At a minimum, you’ll need $5 million to open an account with Kingsbridge.
The firm’s staff also boasts numerous qualifications, including a certified financial planner (CFP®) and a certified public accountant (CPA). Its president is both a certified investment management analyst (CIMA®) and a certified private wealth advisor (CPWA®).
You may be offered insurance by this firm, as it is a licensed insurance broker. However, because the firm’s advisors are fiduciaries, they’re legally required to act in your best interest at all times.
Kingsbridge Wealth Management, Inc. Background
Although this fee-based firm is young, all three of the employees who manage client assets average 18 years of experience in the financial industry. David J. Dunn, the firm’s president, has personally accumulated 24 years altogether in wealth management.
Kingsbridge focuses on a holistic approach to managing your family’s assets. More specifically, as your financial goals change over the years, it will adjust its strategies to ensure you reach your desired level of financial strength. The firm also claims to avoid a cookie-cutter approach, instead creating custom plans for each client.
Kingsbridge Wealth Management, Inc. Strategy
Once you’ve made clear your financial desires for the future, Kingsbridge will craft a plan to try to get you there. Clients have the option to participate in pooled investing, mixing their money with other clients’ to increase diversification and make more significant investments.
This firm has a demonstrated history of aiding its clients with wealth transfers, estate and tax planning, property management and concentrated stock positioning. Kingsbridge also feels that its smaller size is ultimately beneficial for both parties, as each side can learn to trust one another.
American Retirement Planning Group, Inc.
The account minimum required to become a client of American Retirement Planning Group, Inc varies depending on the type of account you want. No more than a quarter of the firm’s client base are high-net-worth individuals.
This independently established firm is fee-based. You may be offered insurance by this firm, which could result in compensation for your advisor if you accept. The firm is a fiduciary though, so it is legally required to act and invest in your best interest.
American Retirement Planning Group, Inc. Background
American Retirement Planning has been in business for more than 20 years. The firm’s self-described mission is to “understand your financial situation” and offer “highly competent investment management techniques to help you reach your goals.”
Depending on what’s most important to you, the firm will determine concrete goals for your finances. Once both sides are comfortable that everything has been communicated, American Retirement Planning will come up with a custom proposal to fit your needs.
American Retirement Planning Group, Inc. Strategy
If a harsh drop in the market occurs while your assets are invested with American Retirement Planning Group, Inc., the firm immediately pulls your investments and places them in short-term government bonds in an attempt to protect them. American Retirement claims policies like this one have helped it to maintain a high client retention rate.
The firm relies heavily on modern portfolio theory, which attempts to maximize returns based on your risk tolerance. Its investment system focuses on the long-term.
Summit Portfolio Management, LLC
Summit Portfolio Management is a fee-only firm with over $100 million in assets under management (AUM). It’s a one-man show run by owner Timothy Bock, a unique situation considering the larger sizes of the other firms on this list.
Summit targets high-net-worth individuals, which make up more than half of the firm’s client base. To be a client, you’ll need at least $250,000 ready to invest. However, initial consultations will cost you nothing.
Summit Portfolio Management, LLC Background
Although Bock founded Summit Portfolio Management, LLC, in 1999, he has been in the financial advisory industry since 1982, giving him 36 years of total experience.
The firm offers numerous services, including tax minimization, estate planning, college funding and, of course, investment management. Summit claims to utilize statistical methods to help build your overall portfolio choices. It believes that this route is a great way to maximize your account’s return, while always making sure your decided-upon risk acceptance is not forgotten.
Summit Portfolio Management, LLC Strategy
Summit thinks that goal-centered investment solutions, an identified risk tolerance level, a symbiotic relationship with your accountant and lawyer and continuous monitoring are all critical to financial success. This firm sticks to its original investment plans no matter what the market does, as it believes that attempting to “beat the market” is simply undoable and will eventually result in loss for you.