Finding a Top Financial Advisor Firm in Nashville, Tennessee
With so many financial advisors to pick from, it can be tough to know even where to start looking. To help you narrow the field, SmartAsset created this list of the top financial advisor firms in Nashville. You can use our tables and reviews - detailing each firm’s investment strategies, fees, account minimums and more - to inform your decision. You can also use SmartAsset’s financial advisor matching tool, which will pair you with top advisors who serve your area.
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|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||InterOcean Capital Group, LLC Find an Advisor||$3,640,605,335||No set account minimum|| || |
Minimum AssetsNo set account minimum
|2||Woodmont Investment Counsel, LLC Find an Advisor||$1,206,475,156||$1,000,000|| || |
|3||M Capital Advisors Find an Advisor||$1,157,613,837||Varies based on account type|| || |
Minimum AssetsVaries based on account type
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|4||Covenant Partners, LLC Find an Advisor||$865,493,199||No set account minimum|| || |
Minimum AssetsNo set account minimum
|5||Pinnacle Wealth Advisors Find an Advisor||$721,813,000||$500,000|| || |
|6||Tillman Hartley LLC Find an Advisor||$604,891,000||$500,000|| || |
|7||Criterion Capital Advisors LLC Find an Advisor||$454,034,000||$500,000|| || |
|8||Decker Wealth Management, LLC Find an Advisor||$412,723,658||No set account minimum|| || |
Minimum AssetsNo set account minimum
|9||Kraft Asset Management, LLC Find an Advisor||$432,987,620||Varies based on account type|| || |
Minimum AssetsVaries based on account type
|10||Laffer Tengler Investments, Inc. Find an Advisor||$387,486,380||Varies based on account type|| || |
Minimum AssetsVaries based on account type
What We Use in Our Methodology
To find the top financial advisors in Nashville, 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 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.
InterOcean Capital Group
Brand new to the list this year and rising straight to the top is fee-only firm InterOcean Capital Group (IOC). Clients here are primarily high-net-worth individuals, charitable organizations, corporations and pension and profit-sharing plans. There is no account minimum.
Advisors at IOC hold multiple professional accreditations, including certified financial planner (CFP), chartered financial analyst (CFA), certified public accountant (CPA) and chartered financial consultant (ChFC). There are also two juris doctors (JDs) on the team.
InterOcean Capital Group Background
IOC was founded in 2005 and is managed by Rege Eisaman, Mark Carr, Jeffrey Camp, David Janczewski, Jason Buck and Erik Larson. IOC is owned by Focus LLC, a publicly-traded firm, through a series of subsidiary companies.
Services offered at IOC focus on wealth and investment management, including holistic financial planning.
InterOcean Financial Group Investment Strategy
IOC generally tailors investment strategies to its clients' objectives, basing its recommendations on six foundational portfolio constructions:
- Large Capitalization Equity Portfolio. This portfolio strategy will generally hold between 25 to 35 securities for long-term holds.
- Equity Income and Option Portfolio. This portfolio strategy will generate income by selling covered calls or writing puts secured by cash.
- Equity Hedge Portfolio. The portfolio strategy will typically hold active or passive long positions and broader short market positions to pursue a long and short equity strategy.
- Global Exchange-Traded Funds (ETF) Portfolio. This portfolio strategy is an actively-managed global equity portfolio primarily invested in ETFs.
- Tactical Diversifying Portfolio. This portfolio strategy is an actively-managed tactical portfolio that seeks to provide diversification benefits. These include ETFs that are invested in commodities, foreign currencies, bonds and funds holding domestic and/or global securities.
- Customized Investment Strategies.
Woodmont Investment Counsel
Coming in second on the list, Woodmont Investment Counsel has the second-highest assets under management. This fee-only firm is owned by its employees, who hold certifications such as chartered financial analyst (CFA) and certfied financial planner (CFP).
Regardless of whether you’re looking for an equity, balanced or fixed-income account, you’ll need a minimum account size of $1 million.
Woodmont Investment Counsel Background
Paul H. Kuhn, who has 40+ years of experience in asset management, co-founded Woodmont Investment Counsel in 2000 and continues to be a principal owner. Other managing principals include Scott Burns, Stephen Frohsin and Chief Compliance Officer Will Ed Settle.
Woodmont primarily works with individuals and their families, charitable organizations, and pension and profit-sharing plans. Woodmont’s services include tax mitigation, estate planning, retirement planning and investing advice.
Woodmont Investment Counsel Strategy
Woodmont Investment Counsel believes that diversified asset allocations are central to growing your invested assets. The firm uses ETFs, index funds, mutual funds, stocks and bonds in its client portfolios.
Woodmont’s advisors may also place your money into pooled investments with other clients’ assets. This gives clients access to investment opportunities that may otherwise be unavailable to individual investors.
M Capital Advisors
M Capital Advisors (aka Mastrapasqua Asset Management) is an independently owned, fee-only firm. Less than half of M Capital’s individual clients have a high net worth. The firm's minimum account size requirements vary based upon the chosen investment strategy.
Its team holds such certifications as chartered financial analyst (CFA), certified financial planner (CFP) and chartered alternative investment analyst (CAIA).
M Capital Advisors Background
The oldest firm on this list, M Capital Advisors was founded in 1993. Chairman and Chief Investment Officer Frank Mastrapasqua has spent the better part of 45 years in financial management, with the remainder of his firm’s advisors averaging over a decade of experience.
M Capital says that it typically serves high-net-worth and non-high-net-worth individuals, businesses and government institutions. Services provided to these investors include trust planning, estate planning, strategic retirement planning, pension and profit-sharing plans, asset management and higher education preparations.
M Capital Advisors Investment Strategy
The firm will focus on growing your money for the long term, using a combination of diversified asset allocations, macroeconomics and fundamental market analysis. But first, you must decide whether you are an aggressive, moderate or conservative investor. This selection gives the firm’s advisors a sense of your risk tolerance.
M Capital says its advisors meet each morning to discuss any updates in the financial sector that could potentially affect clients’ investment goals. What’s unique about these meetings is the fact that investors have the option to call in and listen to the updates.
Fee-only Covenant Partners comes next on our list. Clients are mostly high-net-worth individuals, although the firm also offers programs tailored to business owners, like payroll services and income management, and manages funds for charitable organizations.
Covenant Partners Background
Covenant Partners has been in business since 1997. Co-founders Todd D. Glisson and J. Banks Link hold certified financial planner (CFP) and a chartered financial analyst (CFA) designations, respectively.
In addition to investment management and financial planning, the practice offers fiscal counsel services on a retainer basis to individuals and businesses. These services may include analysis and management of income and expenses, cash flow, debt service, insurance needs and more.
Covenant Partners Strategy
Covenant Partners generally has a buy-and-hold approach, investing for the long term. It primarily implements asset allocations using mutual funds, exchange-traded funds (ETFs), limited partnership interests in private real estate and private investments. At the client's request, it may design and manage a portfolio that contains only individual stocks.
Pinnacle Wealth Advisors
Pinnacle Wealth Advisors is a fee-only financial advisor firm. Nearly all of Pinnacle’s clients are high-net-worth individuals, which the SEC defines as someone with at least $1 million in assets under management. The firm’s minimum account balance is $500,000, which it may waive at its discretion.
The firm has a small team of advisors on staff. Their advisory certifications include certified financial planner (CFP) and chartered financial analyst (CFA).
Pinnacle Wealth Advisors Background
Pinnacle Wealth Advisors was established in 2006 and is a subsidiary of Pinnacle Financial Partners Inc., which is run by Terry Turner, the company’s president and CEO. The firm aims to keep its client base small and select in order to provide a "high-touch, personalized approach to managing" assets.
Pinnacle offers many different types of financial services, including:
- Estate planning
- Employee benefits
- Charitable gifts and legacy
- Business succession
Pinnacle Wealth Advisors Investing Strategy
Pinnacle provides customized investment strategies based on clients' risk tolerance and goals and may, on occassion, use model portfolios. Its investment committee monitors and rebalances asset allocations as needed. Advisors also offer performance evaluations to discuss with each client their portfolio’s performance and address any concerns.
Tillman Hartley is a fee-only firm that works mostly with high-net-worth individuals as well as some individuals and charitable organizations. It offers financial planning and investment management services - plus something called Family Board of Directors services, which is designed for families with at least $40 million in assets. A team of advisors from the firm meets with these clients quarterly. In addition to families, the firm also provides these services to other entities, like foundations and trusts.
The firm has an account minimum of $500,000 for advisory services, and it may charge a minimum fee for smaller accounts.
Tillman Hartley Background
Tillman Hartley was founded in 1999. Co-founder Michael Tillman, who is an estate-planning lawyer, is the principal owner, while Michael Lambert, Gary Lutes, Jr., Kevin Schwall and Benjamin Cannon are minority shareholders of the firm.
A few advisors on the team are chartered financial analysts (CFAs).
Tillman Hartley Investment Strategy
Clients first fill out a survey about their risk tolerance and the firm determines their preferences, time horizon and investment goals. Based on that information, the firm will design and test a preliminary portfolio with an asset allocation that matches the client’s preferences. After discussing this portfolio with the client, an investment policy statement that outlines how the portfolio will be managed is signed by the client.
To conduct analysis of potential securities, the firm primarily relies on fundamental analysis, using resources like third-party research materials, corporate rating services and annual reports.
Criterion Capital Advisors
Having been in business since April 2018, Criterion Capital Advisors is the youngest firm on this list. The fee-based firm has a $500,000 account minimum and works mostly with non-high-net-worth individuals. It also serves high-net-worth individuals, charitable organizations and corporations.
The team at Criterion includes certifications such as certified financial planner (Pierce), certifed public accountant (CPA) and chartered mutual fund counselor (CMFC). Despite its fee-based status and the fact that advisors can receive commisisons, it is still a fiduciary and is obligated to act in the best interests of clients.
Criterion Capital Advisors Background
The firm was founded by Allan Horner, Mark Pierce and Scott Freeman, who all have stakes in the firm.
In addition to discretionary investment management services, Capital Advisors provides financial planning and consulting services, covering business planning, retirement planning, cash flow forecasting, trust and estate planning, tax planning and insurance.
Criterion Capital Advisors Investment Philosophy
Criterion Capital Advisors tailors portfolios to each client, basing asset allocations on a client's investment objectives, cash flow needs and risk tolerance. From there, the firm relies on macroeconomic analysis and fundamental analysis to determine which sub-asset classes and specific securities are right for the client’s portfolio.
Typically, the firm will recommend a mix of stocks, mutual funds, index funds, exchange-traded funds (ETFs), municipal and taxable bonds and alternative investments.
Decker Wealth Management
Decker Wealth Management is a fee-only, independently-owned firm. It serves clients with a wide range of needs, including individual accounts, trust and estate plans and investment company portfolios.
The firm does not have a set account minimum. Even so, individiual clients who have a high net worth make up a relatively large part of the individual client base, nearly half.
Decker Wealth Management Background
Decker Wealth Management was founded in 2009 by William S. Decker, the managing member of the firm. Prior to that, he worked in Morgan Stanley and US Bank/Bank of America, where he served in leadership roles.
Decker offers investment management, retirement planning, estate creation, tax minimization, higher education planning and insurance analysis. Planning and consulting options are available to business owners.
Decker Wealth Management Investing Strategy
At Decker Wealth Management, asset allocation is central to its portfolio-building strategy. The firm typically places clients’ assets into mutual funds, exchange-traded funds (ETFs), stocks and bonds. It may also allocate assets to independent money managers when warranted.
Decker says that it puts considerable effort into determining and implementing the proper asset allocation for each client, taking into account their goals, tax situation and other factors. In evaluating securities, it uses fundamental, technical and cyclical analyses.
Kraft Asset Management
Fee-based firm Kraft Asset Management comes next on the list, ranking ninth. Clients include individuals, retirement plans, charities and businesses. The account minimum is $1 million for investment management services, but $500,000 for fixed income portfolios.
Advisors at Kraft hold multiple professional designations, include certfied financial planner (CFP), certified exit planning advisor (CEPA) and certified trust and financial advisor (CTFA). Clients may also be offered insurance from the firm’s affiliate, Kraft Financial Services, and advisors may receive a commission for selling insurance products. While this may present a conflict of interest, the firm is a fiduciary, meaning it’s legally required to act in your best interest at all times.
Kraft Asset Management Background
Kraft was founded in 2002. Stephen High, who is a certified public accountant (CPA), personal financial specialist (PFS) and JD, manages the firm. Kraft Asset Management is an affiliate of accounting firm KraftCPAs PLLC.
Kraft provides investment management, retirement planning, income tax planning, estate planning and cash flow management. It says that its advisors are trained to handle the financial struggles that arise as one approaches retirement and other major life changes.
Kraft Asset Management Investing Strategy
The firm uses the Monte Carlo simulation to project whether an investment plan will enable you to achieve your goals. This program uses inflation and interest rates, various asset allocations, spending levels and rates of return to make this projection.
Unlike some other financial advisor firms on this list, Kraft Asset Management consistently uses bonds in its investment portfolios. The firm believes that there’s more to bonds than many investors realize. It makes its selections through BAM Advisor Services, LLC, a bond-trading platform.
Laffer Tengler Investments
Rounding off our list of the top financial advisory firms in Nashville is Laffer Tengler Investments. This firm mainly works with individual clients, most of whom do not have a high net worth. However, the bulk of the firm's assets come from high-net-worth individual clients. In terms of institutional clients, the firm works with some investment companies, government entities and businesses. Discretionary investment management clients typically need to have $3,000,000 in investable assets, though wrap-fee program participants only need $100,000.
Despite having a number of industry affiliations, Laffer Tengler does not have advisors on staff who receive commissions from selling financial products to clients. This makes the firm fee-only.
Laffer Tengler Investments Background
Laffer Tengler Investments was founded and registered with the SEC as an investment advisor in 1999. It began working with client accounts in 2000, just a few months after registering. The firm was co-founded by Dr. Arthur B. Laffer and Arthur B. Laffer, Jr. Laffer, Jr. currently serves as president and senior portfolio manager.
Laffer Tengler provides its clients with investment advisory services like portfolio management and financial planning. It offers a wrap-fee program, model portfolios and provides access to investment funds, a couple of which it serves as a sub-advisor for.
Laffer Tengler Investments Investment Strategy
Laffer Tengler Investments mainly works with clients as a discretionary investment advisor to separately managed accounts. It does so via a wrap-fee or non-wrap-fee program, and services are typically tailored to the individual financial situation and goals of each client.
Advisors use quantitative modeling and economic forecasting when it comes to developing investment strategies that work for its clients. The firm doesn't limit its advice to any specific securities. Instead, it looks to invest in securities that work for any given client's financial situation.