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Top Financial Advisors in Mercer Island, WA

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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 Mercer Island, Washington

It can be challenging to find the best financial advisor for your needs. That’s why we’ve identified the top advisory firms in the Mercer Island area. Our list compares each firm’s fee structure, advisory services, investment strategies, assets under management (AUM) and more. You can also use SmartAsset’s free financial advisor matching service to connect with up to three local advisors.

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Rank Financial Advisor Assets Managed Minimum Assets Financial Services More Information
1 Northwest Asset Management Northwest Asset Management logo Find an Advisor

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$2,437,316,003 No set account minimum
  • Financial planning
  • Portfolio management
  • Pension consulting
  • Educational seminars/workshops

Minimum Assets

No set account minimum

Financial Services

  • Financial planning
  • Portfolio management
  • Pension consulting
  • Educational seminars/workshops
2 Paracle Advisors, LLC Paracle Advisors, LLC logo Find an Advisor

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$1,409,873,986 No set account minimum
  • Financial planning
  • Portfolio management

Minimum Assets

No set account minimum

Financial Services

  • Financial planning
  • Portfolio management
3 S.R. Schill and Associates Inc. S.R. Schill and Associates Inc. logo Find an Advisor

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$231,296,851 No set account minimum
  • Financial planning
  • Portfolio management
  • Pension consulting

Minimum Assets

No set account minimum

Financial Services

  • Financial planning
  • Portfolio management
  • Pension consulting

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4 EQ Wealth Management EQ Wealth Management logo Find an Advisor

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$368,885,241 $1,000,000
  • Financial planning
  • Portfolio management

Minimum Assets

$1,000,000

Financial Services

  • Financial planning
  • Portfolio management
5 Kaufman Kampe Advisors, LLC Kaufman Kampe Advisors, LLC logo Find an Advisor

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$154,577,200 $500,000
  • Financial planning
  • Portfolio management

Minimum Assets

$500,000

Financial Services

  • Financial planning
  • Portfolio management
6 The Fauser Group, LLC The Fauser Group, LLC logo Find an Advisor

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$132,876,119 $500,000
  • Financial planning
  • Portfolio management

Minimum Assets

$500,000

Financial Services

  • Financial planning
  • Portfolio management

What We Use in Our Methodology

To find the top financial advisors in Mercer Island, 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.

Northwest Asset Management

Northwest Asset Management leads our list with a large staff of advisors managing billions in AUM. The firm serves more than 6,000 clients, which include non-high-net-worth and high-net-worth individuals, pension and profit sharing plans, charitable organizations and corporations. Northwest Asset charges its clients asset-based, fixed, hourly and transaction-based fees. 

The firm’s fee structure is fee-based, so advisors can gain commission-based compensation from the sale of insurance products. This can create a conflict of interest if advisors favor such products over client needs, but the firm’s fiduciary obligation prevents this. 

Northwest Asset’s advisors offer an array of specialties, including the certified financial planner (CFP), chartered market technician (CMT), accredited investment fiduciary (AIF), retirement management analyst (RMA), certified investment management analyst (CIMA) and certified public accountant (CPA) designations. The firm has no set account minimum.

Northwest Asset Management Background

Founded in 2008, Northwest Asset functions as a private wealth management firm offering portfolio management, financial planning and consulting, pension consulting and educational seminar services. 

The firm has a widespread presence throughout the country, with more than 10 offices located in Washington, Texas, California, Arizona and Minnesota. Northwest Asset’s managing partner and chief compliance officer (CCO) is Gregory Headrick, and Nelly O. Mubashi acts as the firm’s chief operating officer. 

Northwest Asset Management Investment Strategy

Northwest Asset employs a range of investment methods when evaluating securities and studying market conditions. The firm utilizes fundamental and technical analysis, and advisors also use modern portfolio theory (MPT), asset allocations and portfolio rebalancing. 

The firm generally invests in individual securities, exchange-traded funds (ETFs) and mutual funds. Northwest also describes on its website that its investment process includes defining goals, assessing risk, developing a strategy, employing the strategy and monitoring progress.

Paracle Advisors

Fee-only financial advisor firm Paracle Advisors serves hundreds of clients, including individuals and high-net-worth individuals, business entities, trusts, estates and charitable organizations. The firm has multiple advisors managing hundreds of millions in client assets. 

Each of Paracle’s professionals offer different backgrounds and qualifications, including the certified financial planner (CFP), certified public accountant (CPA), chartered financial analyst (CFA) designations.

The firm is only compensated for the services it provides, not the products its advisors sell. Paracle primarily charges clients asset-based, hourly and fixed fees. The firm doesn’t have a set account minimum, but it charges clients a quarterly minimum fee of $2,500 for investment advisory services. 

Paracle Advisors Background

Established in 2004, the investment management firm provides portfolio management and financial planning services. Paracle also utilizes an automated investment program called Intelligent Portfolio, and advisors may offer consultation services on investment topics, as well as non-investment related areas such as estate, insurance and tax planning. 

The firm’s owners are Elliott J. Brink, Joshua E. Harris, Anne Marie L. Stonich and Duane Duim.

Paracle Advisors Investment Strategy

Paracle Advisors' investment philosophy includes its belief that independence, research, service and diversification are key to investment success. Paracle also says it values long-term perspectives and portfolio rebalancing, and the firm says it strives to save its clients money in all aspects of investing. Paracle’s key investment strategies include fundamental and technical analysis, long-term purchases, trading and short-term purchases.

S.R. Schill & Associates

S.R. Schill & Associates provides a range of wealth advisory services to more than 500 clients on a fee-only basis. The firm’s clients are mainly non-high-net-worth and high-net-worth individuals, but advisors also serve pension and profit sharing plans, charitable organizations and corporations. S.R. Schill has millions in AUM. 

The firm has a small staff of advisors, whose qualifications include the chartered financial analyst (CFA), certified financial planner (CFP), financial paraplanner qualified professional (FPQP) designations.

S.R. Schill doesn’t have a set account minimum, and it charges clients asset-based and fixed fees.  

S.R. Schill & Associates Background

S.R. Schill has provided portfolio management, financial planning and pension consulting services since 1987. The family-run firm also offers retirement planning, education planning, insurance-needs analysis, tax planning, estate planning, cash flow planning and business succession planning. 

S.R. Schill & Associates Investment Strategy

S.R. Schill says it employs a long-term approach towards portfolio management, and the firm utilizes low-cost ETFs to reduce client expenses and increase return. Advisors also use fundamental, cyclical, charting and technical analysis to evaluate securities. 

The firm also explains on its website that it diversifies client portfolios across nine sectors of the economy. S.R. Schill also allocates assets among U.S. stocks, international stocks, bonds and natural resources.

EQ Wealth Management

EQ Wealth Management is a fee-based firm with millions in AUM. The firm serves a large number of clients, from whom it requires asset-based fees for its advisory services. EQ’s advisors manage non-high-net-worth and high-net-worth individuals, corporations, trusts, estates and charitable organizations. 

The certified investment analyst (CIMA), certified financial planner (CFP), certified public accountant (CPA) and personal financial specialist (PFS) designations are some of the qualifications EQ’s advisors offer. It’s also important to note the firm’s fee-based fee structure. This allows certain advisors to gain commissions from insurance products, creating a conflict of interest if advisors become incentivized to favor these products. The firm’s fiduciary obligation prevents this. 

EQ imposes a minimum account size requirement of $1 million.

EQ Wealth Management Background 

Founded in 2018 by Stephen P. Emanuels and J. Michael Quigley, EQ Wealth Management specializes in asset management and financial planning services. The firm’s financial planning services also feature recommendations in other areas of wealth management, including:

  • Retirement planning
  • Budgeting and cash flow planning
  • Tax planning
  • Trust and estate planning
  • Education planning
  • Insurance planning
  • Debt management
  • Risk management

EQ Wealth Management Investment Strategy

EQ says on its firm brochure that it aims to find investments with clear investment strategies that it believes will perform well in the future. The firm invests client assets in a range of securities, including mutual funds, exchange-traded funds (ETFs), stocks, bonds, notes, real estate investment trusts (REITs), options and futures. 

Advisors primarily use fundamental and cyclical analysis when researching securities, and the firm’s investment strategies include portfolio diversification.

Kaufman Kampe Advisors

Fee-only firm Kaufman Kampe Advisors manages a significant amount in client assets. The firm is only compensated for the services it provides, and it charges its clients asset-based, hourly and fixed fees. Kaufam serves hundreds of clients, including non-high-net-worth and high-net-worth individuals, charitable organizations, trusts and estates. 

One of the firm’s advisors is a chartered financial analyst (CFA), while the other offers the certified financial planner (CFP) designation. Kaufman’s advisors generally impose a minimum account size requirement of $500,000. 

Kaufman Kampe Advisors Background

Founded by Lori Kaufman and Valerie Kampe in 2007, the firm’s key services include portfolio management and financial planning. Kaufman’s investment management process features risk tolerance analysis, investment policy statement development, strategic asset allocation and implementation, portfolio design and implementation and portfolio monitoring and rebalancing. 

Clients receiving financial planning guidance also have access to the following areas of wealth management:

  • Retirement planning
  • Estate planning
  • Tax planning
  • Education savings
  • Insurance needs analysis

Kaufman Kampe Advisors Investment Strategy

Kaufman’s advisors employ several investment strategies, including margin, long- and short-term investing and fundamental analysis. The firm invests in exchange-listed securities, over-the-counter securities, corporate debt, certificates of deposit (CDs), mutual fund shares, U.S. government securities and options on securities.

The Fauser Group

Last on our roundup is fee-only firm The Fauser Group. This firm manages millions in client assets and has the smallest staff of any firm on this list. New clients must meet a minimum account size requirement of $500,000, and the firm charges asset-based fees, hourly fees and fixed fees as part of its compensation arrangements. 

The Fauser Group currently serves lots of clients, including individuals and high-net-worth individuals. The firm’s individual clients outnumber its high-net-worth clients.

The Fauser Group Background

Founded in 2016, The Fauser Group mainly provides investment advisory, asset management and financial planning and consulting services. The firm’s financial planning services also include the following:

  • Retirement planning
  • Investment planning
  • Income tax planning
  • Estate planning
  • Education planning
  • Risk management

The Fauser Group Investment Strategy

The Fauser Group says on its website that its long-term investment strategy focuses on the principles behind modern portfolio theory (MPT) and academic research that have shown that markets are efficient over longer periods of time. The firm also says it mainly uses individual stocks and exchange-traded funds (ETFs) when employing its long-term strategies.

The Fauser Group additionally utilizes short-term purchasing strategies, margin transactions, trading and option writing.

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