Finding the Top Financial Advisors in New Mexico
If you’re trying to find a financial advisor in New Mexico, SmartAsset can help. We did all the initial research for you, digging through financial firm data and pulling fundamentals such as assets under management (AUM), fees and investment strategy. Then we put the info together, here, for convenient comparing and contrasting. Start your search with this list of the top financial advisor firms in New Mexico. Then use SmartAsset’s free financial advisor matching tool to personalize your search.
|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||Ulrich Investment Consultants Find an Advisor||$1,008,416,172||No minimum|| || |
Minimum AssetsNo minimum
|2||REDW Wealth Find an Advisor||$662,121,697|| |
None, but accounts under $500,000 will be charged hourly rates
| || |
None, but accounts under $500,000 will be charged hourly rates
|3||John Moore & Associates Find an Advisor||$286,800,857|| |
| || |
|4||Spence Asset Management Find an Advisor||$235,984,199||$50,000|| || |
|5||Financial Partners, LLC Find an Advisor||$138,300,000||Varies based on account type|| || |
Minimum AssetsVaries based on account type
|6||LongView Asset Management LLC Find an Advisor||$116,171,753||$500,000|| || |
|7||Santa Fe Advisors, LLC Find an Advisor||$113,190,000||$1,000,000|| || |
|8||Tembion Capital Management, LLC Find an Advisor||$90,123,706||No set account minimum|| || |
Minimum AssetsNo set account minimum
How We Found the Top Financial Advisors in New Mexico
We began by compiling data on all financial advisor firms in Pennsylvania that were registered with the U.S. Securities Exchange Commission (SEC). Next, we filtered from our list the firms that did not offer stand-alone financial planning services and individual portfolio management. We also removed the ones that faced disciplinary action in recent years. Finally, we ranked what was left based on AUM, starting with the largest.
Ulrich Investment Consultants
Located in Albuquerque, Ulrich Investment Consultants (UIC) tops our list with $1.08 billion in assets under management (AUM). The firm specializes in software-backed financial planning strategies and investment portfolio management.
You don’t need a minimum investment to establish a relationship. But according to its official website, the firm primarily serves the following clients:
- Affluent families and individuals
- Charitable organizations
- Native American nations and affiliated organizations
- Retirement plans governed by the Employee Retirement Income Security Act (ERISA) for corporations
That said, SEC records show most of the firm’s current clients are non-high-net-worth individuals.
In addition, the firm’s advisors don’t deliver all of their services on their own. UIC outsources some functions to major players in the financial services industry, including Callan, an investment consulting firm, and Natixis, a managed portfolio advisor.
Ulrich Investment Consultants Background
UIC was founded in 2007. John P. Ulrich serves as the principal owner. He previously served major investment roles at firms like Sovereign Investment Advisors.
UIC operates as an open-architecture firm. So when you work with the firm, you have access to numerous outside partners who can help you meet your financial goals. It also utilizes different software and tools to help its clients.
For instance, the firm utilizes a private financial portal powered by e-Money to perform an analysis of your financial situation and recommend the appropriate adjustments. This analysis may address some or all six of the following financial planning areas of focus established by the National Endowment for Financial Education and endorsed by the Certified Financial Planner Board of Standards:
- Financial position
- Protection planning
- Investment planning
- Income tax planning
- Retirement planning
- Estate planning
UIC may earn fees from several sources. It can charge you fees based on a portion of your AUM for investment management services. It may also charge you financial planning fees on a fixed or hourly basis. In addition, UIC may collect commissions and other types of compensation from third-party affiliates for selling or recommending their products.
Ulrich Investment Consultants Investment Strategy
UIC looks to create diversified investment portfolios, based on your individual circumstances such as risk tolerance and time horizon. It invests in a variety of different asset classes including mutual funds, exchange-traded funds (ETFs), index funds and alternative investments. In evaluating these securities, the firm turns to several different sources such as market and financial data published by major firms like Morningstar and Callan Associates.
The firm generally selects investment managers for client portfolios. Or it may turn to Natitxix Managed Portfolio Advisors. According to its website, this strategic implementation partner, provides various portfolio overlay services and active portfolio rebalancing driven by technology and experienced advisors.
Coming in at No. 2 is Redw Wealth, LLC. This fee-only firm currently oversees more than $622.12 million in assets under management. You don’t need a minimum investment to receive services from Redw Wealth. The firm primarily serves the following clients, according to SEC records:
- Individuals (including high-net-worth ones)
- Retirement plans for corporations
- Investment companies
- Banks and thrift institutions
The firm’s advisors can create a comprehensive financial plan to help you address aspects of your financial life based on your individual needs. This plan may cover:
- Retirement planning
- Estate planning
- Business management
- Strategic tax services
- Risk management
- Stock option and cash-flow planning
- Social Security benefits
Redw Wealth Background
Redw Wealth first opened its doors to the Albuquerque community in 1997 as Rogoff & Stanley Financial Advisors. It adopted its current name in 2000, when it registered with the SEC as an investment advisor.
Today, the firm has more than 200 employees. It operates as a fee-only firm. This means it earns fees solely from clients for services rendered. It does not earn commissions from third-party firms for selling annuities, insurance, stocks, bonds, mutual funds or other products.
Redw Wealth Investing Strategy
Redw Wealth emphasizes strategic asset allocation when it comes to investing. This means it seeks to create diversified portfolios that adhere to your individual circumstances such as risk profile and personal goals.
To meet these goals, the firm may invest your assets in a mix of the following:
- Exchange-traded funds (ETFs)
- Index funds
- Real estate investment trusts (REITs)
- Actively managed funds
- Individual stocks and bonds
In evaluating these investments, the firm turns to several different sources of information such as financial media, fund prospectuses and research published by third parties.
John Moore & Associates
Another Albuquerque firm, John Moore & Associates, Inc. comes in at No. 3 with more than $286.80 million in assets under management. It serves individuals, high-net-worth individuals, corporate pension and profit-sharing plans, charitable institutions and foundations.
SEC data shows the bulk of its client base consists of individuals who aren’t high net worth. The firm doesn’t require a minimum account size.
The firm’s team features five accredited asset management specialists (AAMS), one accredited investment advisor (AIF), one certified financial planner (CFP), one certified investment management analyst (CIMA), one chartered retirement planning counselor (CRPC) and one certified kingdom advisor (CKA).
John Moore & Associates Background
John Moore founded his namesake firm in 1997. He and financial planner Brian Chochran and their families own the practice directly and through trusts.
The firm only offers investment management services through a variety of asset allocation models, including equity, fixed income and balanced.
John Moore & Associates Investing Strategy
John Moore & Associates can establish a diversified portfolio that adheres to your individual risk tolerance, investment goals and time horizon. It does this using proprietary portfolio models including:
JMA Asset Allocation - aims to provide broad equity exposure through mutual funds
JMA Dynamic Equity - invests in companies that may have a price potential that’s significantly greater than its current market price
JMA Managed Bond - aims to provide clients with high-quality, intermediate-term, laddered fixed income investments
JMA Equity Income - invests in large-cap, income-oriented equities.
In evaluating securities, the firm examines the potential of companies it may invest in based on their earnings, debt, competitors and other information. It uses several resources of information including financial newspapers and magazines as well as industry research published by third parties.
Spence Asset Management
Spence Asset Management is a financial advisory firm with more than $235.98 in assets under management. The firm generally requires a minimum investment of $50,000 to establish a relationship. Spence Asset mainly works with individuals, trusts, retirement plans and pension plans. Most of its individual clients non-high-net-worth individuals.
The firm can design a holistic financial plan to meet your individual needs. Its advisors specialize in delivering advice around the following financial topics:
- Portfolio management
- Estate planning
- Retirement savings
- College funding through vehicles like 529 plans
- Cash management
The team at Spence Asset features two chartered financial analysts (CFAs) and one certified financial planner (CFP).
Spence Asset Management Background
Spence Asset Management was founded in 1992 as Lord, Spence & Associates. It adopted its current name in 2000. Eric Walton, a long-time employee, currently serves as the primary owner.
Spence Asset Management is a fee-only firm. So its compensation comes solely from its clients. The firm charges an asset-based fee for portfolio management services and hourly or fixed fees for stand-alone financial planning services.
Spence Asset Management Investing Strategy
Spence Asset Management employs a variety of portfolio models. Each has its own asset allocation and objective. The firm may invest your assets in one it deems appropriate for you based on your individual financial situation and goals. These models include:
The Stock Management Discipline FOCUS Equity - designed for those seeking aggressive growth, this strategy primarily invests in common stocks traded on U.S. based exchanges to maximize return and decrease turnover.
The Income Management Discipline - invests in different fixed income securities such as short, intermediate and long-term bonds, municipal bonds, closed-end funds and open-end funds.
The Balanced FOCUS Discipline - combines equity and income strategies to create an asset allocation that seeks moderate growth.
No-load Fund Discipline - as the same suggests, this model invests in no-load mutual funds, which the firm uses in an active management strategy.
The firm uses various sources to analyze the securities it invests in as well as overall market conditions. This includes readily available info like financial media and industry research.
Financial Partners, LLC
With more than $138.30 million in assets under management (AUM), this Sante Fe firm lands in the sixth spot on our list. Financial Partners, LLC (FP) works with individuals, including high-net-worth ones, pensions and profit-sharing plans. Most of its individual clients are non-high-net-worth.
Minimum account requirements depend on the portfolio program you enroll in. They range from $15,000 to $250,000.
The firm specializes in financial planning, investment management and insurance. Its advisors are trained in offering advice around the following:
- Retirement plans
- Tax planning
- 401(k) and 403(b) planning
- College planning
- Estate planning
- Money management
- Money purchasing plans
- Profit-sharing plans
- Disability income insurance
- Life and long-term care Insurance
The team at FP includes one certified financial planner (CFP) and one chartered retirement planning counselor (CRPC). James Larkin, who holds the chartered financial consultant (ChFC) designation, leads the team.
Financial Partners Background
Financial Partners first came into business in 2010. Chief Compliance Officer Charles A. Goodman currently serves as the principal owner.
For portfolio management, the firm charges an annual fee based on a percentage of your AUM. For financial planning services, it charges fees on fixed or hourly basis. Some advisors serve as affiliates of other financial services firms and may earn commissions in these other capacities.
Financial Partners Investing Strategy
Taking into account such factors as your risk tolerance, tax situation and overall goals, FP will design your personalized portfolio. In implementing it, the firm may use mutual funds, exchange-traded funds (ETFs), individual equity, fixed income investments and more. Its methods of securities analysis include screens securities technical analysis, which involves evaluation of historical market data such as price and volume of a particular security or investment instrument.
Depending on your needs, FP may employ several investing strategies such as long-term purchases and short-term purchases.
LongView Asset Management LLC
LongView Asset Management LLC is another Santa Fe firm to make our list. It currently oversees more than $116.17 million in assets under management. The firm specializes in socially conscious investing and retirement planning. It works with affluent individuals, families and nonprofit organizations. SEC data shows it currently serves about as many high-net-worth individuals as non-high-net-worth ones.
It’s important to note, however, that LongView Asset generally provides financial planning in conjunction with portfolio management, as opposed to stand-alone services.
The firm works with about twice as many high-net-worth individuals as those outside this scope, according to SEC records. The firm generally requires you to maintain a minimum investment of $500,000. But it may waive this requirement at its discretion.
LongView Asset Management Background
LongView Asset formed in 2002. Chief Compliance Officer David A. Cantor and Principal Harlan Flint currently own it. Cantor has been in the financial services industry since the 1980s.
The firm works on a fee-only basis. So it earns its earnings directly from its clients. It doesn’t collect commissions from any third-party firms.
LongView Asset Management Investing Strategy
LongView Asset offers two portfolio models. Its actively managed model seeks to exploit market trends for stronger returns. The firm would apply this strategy to a portfolio that reflects your risk tolerance, investment goals and other personal factors.
The firm also offers LongView ESG Direct, an automated investment program that utilizes ESG-based mutual funds, exchange-traded funds (ETFs) and a cash allocation. It’s generally available only to clients who can’t meet the minimum investment requirement.
Santa Fe Advisors, LLC
Santa Fe Advisors (SFA) is a financial advisory firm with more than $113.19 million in assets under management. The firm offers services to individuals, high-net-worth individuals, families, trusts, institutions and charitable organizations. It also extends its services on a limited basis to employer-sponsored retirement plans. Most of its clients are high-net-worth individuals.
The firm typically requires a minimum investment of $1 million to establish a relationship. The team that includes one certified financial planner (CFP) and one chartered financial analyst (CFA) provides financial planning services that cover saving for retirement, managing your wealth with taxes in mind, protecting your estate and more.
Santa Fe Advisors Background
SFA began operations in 2014. David Marion, Kristina Alley and David Kantor serve as the principal owners today. All still provide services on behalf of the firm.
SFA is a fee-only firm, which means it earns its compensation directly from clients for services rendered. It doesn’t earn any type of compensation from third-party firms. None of its advisors are affiliated with any other financial industry firms.
Santa Fe Advisors Investing Strategy
With an emphasis on diversification, SFA aims to design portfolios across different asset classes, sectors and regions. The firm gathers information from you to develop a proper asset allocation that can help you meet your investing goals. SFA adopts both passive and active investing strategies.
In general, SFA uses mutual funds and exchange-traded funds (ETFs) to build client portfolios - it does not provide advice about individual securities. On occasion, it may turn to hedge funds and separately managed accounts when it deems them appropriate.
Tembion Capital Management, LLC
Last but not least, Tembion Capital Management, LLC oversees more that $90 million in assets under management. The firm provides services to individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, corporations and business entities. SEC data shows most of its clients do not have a high net worth. There is no minimum investment required to open an account.
The firm specializes in asset management and financial planning services. Based on your needs, Tembion Capital may provide guidance in the following areas:
- Retirement savings
- Education funding
- Trust and estate planning
- Tax planning
- Cash flow and portfolio analysis
Tembion Capital Management Background
Tembion Capital formed in 2012. Mark Jensen, a certified financial planner (CFP) with more than two decades of experience in the financial services industry, owns the firm.
The firm provides services on a fee-only basis. So it earns compensation solely from the clients it serves. Tembion Capital Management isn’t affiliated with third-party firms and does not earn any compensation from such firms.
Tembion Capital Management Investing Strategy
Tembion Capital mainly applies fundamental, technical and cyclical methods of investment analysis. It uses several portfolio models that aim for long-term return and investment protection during periods of market decline. They include:
Asset Allocation - seeks to diversify a portfolio by investing in various asset classes in order to capture strong returns when certain asset classes perform well and provide protection when one or more particular asset classes face volatility
Synthetic Stock Market - invests in equity index call option contracts or equity ETF call option contracts in order to closely mimic the performance of the stock market in times of appreciation while reducing losses during periods of decline
Hedged Equity - focuses on index ETFs to limit maximum returns in exchange for limiting maximum losses
Dual Momentum - invests in either a U.S. stock fund, international stock fund or cash alternative. On a quarterly or monthly basis, the firm compares the trailing record of the stock fund to the cash alternative yield and uses the investment with the highest output as the position for the next period.