Finding a Top Financial Advisor Firm in Omaha, Nebraska
With so many firms vying for your business, finding the right financial advisor can be a challenge. SmartAsset has simplified your search by determining the top financial advisor firms in Omaha after dozens of hours of research into the city’s numerous firms. Below, we lay out our findings about these firms and what differentiates them from one another. If you would like more guidance in your search for an advisor, SmartAsset’s financial advisor matching tool can pair you with financial advisors in your area.
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Wealthplan PartnersFind an Advisor
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Lutz FinancialFind an Advisor
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No set minimum
America First Investment Advisors LLCFind an Advisor
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True Measure Wealth ManagementFind an Advisor
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Bazis & Young Investment Group LLCFind an Advisor
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Walnut Private Equity Partners, LLCFind an Advisor
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Silverleaf Advisor Group, LLCFind an Advisor
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No set minimum
How We Found the Top Financial Advisor Firms in Omaha, Nebraska
To create this list of top financial firms, SmartAsset considered all U.S. Securities and Exchange Commission (SEC)-registered firms in Omaha. We looked specifically at SEC-registered firms because they have a fiduciary duty to put their clients’ best interests ahead of their own. From there, we eliminated any firms with disciplinary issues. Only firms with clean records made it to our final list for consideration. We also eliminated firms that did not manage individual accounts or did not have financial planners on staff. The remaining firms were sorted according to assets under management (AUM), from highest AUM to lowest.
Wealthplan Partners has $1.30 billion in assets under management, almost double that of the second firm on this list, Lutz Financial. While Wealthplan Partners offers services for trusts, charitable organizations and corporations, the majority of its clients are individuals. There is no minimum account balance required.
Wealthplan Partners operates in multiple cities across the country. Including the advisors outside of Omaha, it has 38 advisors on staff. That’s more than all of the other firms on this list combined. The Omaha office has two certified financial planners (CFPs). One of those CFPs is also a certified financial specialist (CFS). There is one other CFS on the staff.
Advisors at Wealthplan Partners earn commissions from brokerage services and from selling insurance products. However, like all the firms on this list, Wealthplan Partners is a fiduciary, which means it’s required to act in its clients’ best interests at all times.
Wealthplan Partners Background
Founded in 2011, Wealthplan Partners is one of the youngest firms on this list. It is fully owned by WPP Holdings, LLC. Todd Feltz is the principal indirect owner and Brent O’Mara and Wade Behlen also hold minority indirect ownership interests. Wealthplan Partners has offices in multiple cities, but Omaha is its primary location.
Wealthplan Partners offers a number of advisory services and it’s also available for consultations. The firm’s services range from looking at the tax and cash flow needs of a client to helping a client plan for higher education costs, retirement or estates.
Wealthplan Partners Investing Approach
Wealthplan Partners’ investing approach centers on the idea of diversification. A diverse portfolio protects investors by minimizing the risk of loss if one or two stocks perform poorly.
To help maintain diverse portfolios, Wealthplan Partners invests its clients’ assets in mutual funds and exchange-traded funds (ETFs). These funds are naturally diverse because they invest in multiple stocks instead of just a few. The firm also uses an investing strategy called Strategy Diversification. This strategy focuses on how a portfolio’s investments interact with each other and looks at relationships beyond just asset class.
Lutz Financial has $696.48 million in assets under management (AUM). While that is almost half the AUM of Wealthplan Partners, the first firm on this list, it is almost double the AUM of the third firm on this list, America First Investment Advisors LLC.
Lutz Financial’s clients include individuals, charitable organizations and business entities. There is no minimum investment required to open an account, nor is there a minimum asset level required to use the firm’s advisory services.
The Lutz Financial staff has more certified financial planners (CFPs) than any other firm on this list. There are five CFPs on the staff, one of whom is also a certified public accountant (CPA). While Lutz Financial is a fiduciary, it is fee-based. Its advisors may earn commissions from selling certain financial services and products.
Lutz Financial Background
Lutz Financial was founded in 2001 by Jim Boulay, who is still the firm’s principal owner. The firm provides services such as retirement planning and advice for managing an investment portfolio. The firm doesn’t show preference to clients who want to invest for the short term (holding securities for less than a year) or the long term (holding securities for at least a year).
Lutz Financial Investing Approach
Lutz Financial primarily invests client assets in mutual funds, bonds and exchange-traded funds (ETFs). Stocks and other assets are chosen through fundamental analysis, a standard practice for financial advisors that involves analyzing a company’s revenue, expenses, assets and liabilities.
Lutz Financial provides financial advice for both short-term and long-term investments. According to the firm, it particularly looks to maximize gains while keeping expenses low and minimizing taxes for the investor.
America First Investment Advisors LLC
Founded in 1994, America First Investment Advisors LLC (AFIA) is the oldest firm on this list. It has $351.84 million in assets under management (AUM). It is also the first firm on this list to require a minimum investment. Starting a new client relationship with AFIA will require you to have at least $300,000 in assets. The majority of the firm’s clients are individuals, but it also serves trusts, estates, charitable organizations, corporations and other business entities.
AFIA has just five employees. But of those five, two employees are certified financial planners (CFPs) and another two are chartered financial analysts (CFAs). Advisors at AFIA do not charge commissions or sell any investment products. Their only compensation comes from a quarterly management fee that clients pay.
America First Investment Advisors LLC Background
As mentioned, America First Investment Advisors LLC is the oldest firm on this list. It is an employee-owned firm that maintains a small size, with just five employees on staff. Notably, the firm requires all employees who are involved in portfolio management or financial planning to have at least a college degree and two years of experience in investment-related work.
The firm offers financial planning services and help with investment management. AFIA’s focus is on long-term investing to help clients prepare for retirement and major life events.
America First Investment Advisors LLC Investing Approach
America First Investment Advisors has a list of simple and concrete criteria that it looks for when investing in any company’s stock. On that list is a strong balance sheet, cash flow in excess of the company’s operating costs and an “identifiable market niche that provides a competitive advantage.”
The firm’s goal with fixed-income securities, such as bonds, is to limit the number of transactions, because making many transactions tends to decrease the net value of bond investments. So when AFIA invests in bonds, it typically goes with bond ETFs. The firm does sometimes invest in individual bonds for clients who are looking to buy large amounts of fixed-income securities.
True Measure Wealth Management
True Measure Wealth Management has $140.93 million in assets under management (AUM). The majority of its clients are individuals, but the firm also serves trusts, estates, charitable organizations and corporations. True Measure does not require a minimum investment to open an account.
True Measure is a fee-only financial advisor and Patrick Tucker, the firm’s owner, vows that he will never accept commissions from his clients. While True Measure has two financial advisors on staff, neither of them holds a major certification, such as a chartered financial analyst (CFA) or certified public accountant (CPA) designation.
True Measure Wealth Management Background
True Measure Wealth Management, formerly Meridian Management, was founded by Patrick Tucker in 1998. Tucker is also the sole owner of the firm.
True Measure Wealth Management emphasizes education. Advisors focus on helping clients to understand why a certain product or strategy is recommended. The services offered from True Measure include everything from simply improving your financial literacy to managing your portfolio.
True Measure Wealth Management Investing Approach
When it comes to investing, True Measure Wealth Management uses each client’s goals and objectives to create a personalized portfolio. If a client’s objectives change over time, True Measure will adjust its investing strategy accordingly.
The firm works with both short-term and long-term goals. It focuses largely on the supervision and management of investment portfolios.
Bazis & Young Investment Group LLC
With roughly $130 million in assets under management (AUM), Bazis & Young Investment Group LLC comes in fifth on our list of the top financial advisor firms in Omaha. Notably, neither of the firm’s two advisors appear to hold any advanced certifications.
Though other firms on this list require an account minimum, only one other firm (Walnut Private Equity Partners, LLC) requires an account minimum of at least $1 million. The majority of the firm’s clients are individuals, with about half having high net worths. Bazis & Young also handles pension and profit-sharing plans, trusts, estates, charitable organizations and corporations. Unlike most firms on this list, Bazis & Young serves at least one international client.
Bazis & Young Investment Group LLC Background
Bazis & Young Investment Group is wholly owned by Duane R. Bazis. Bazis founded the firm in February 2009. He also serves as its chief compliance officer and investment advisor representative.
Bazis & Young is a small firm. It has only two employees, both of whom work as financial advisors. The firm provides a number of financial planning services, including retirement planning and portfolio management.
Bazis & Young Investment Group LLC Investing Approach
Bazis & Young Investment Group tailors its investing approach to its clients. It offers the option to focus on both long-term and short-term investing.
The firm uses fundamental analysis when choosing which stocks to invest in. This is a standard method of analysis that involves looking at the business’ tangible assets (like land and machinery), intangible assets (like patents), financial assets (like company debt) and how the company fits into the overall economy.
To help choose which securities its clients should buy or sell, Bazis & Young also uses technical analysis. This technique involves analyzing data and charts to find patterns in stock, bond and commodity trading.
Walnut Private Equity Partners, LLC
Walnut Private Equity Partners, LLC has $118.37 million in assets under management (AUM). It also has the smallest staff of any firm on this list, with just one employee. Steven Seline, the firm’s majority owner, is an attorney who does not appear to have any advanced financial certifications.
The firm will advise multiple types of clients, but it specializes in investment advice related to master limited partnerships. The firm currently only serves high-net-worth individuals. This isn’t too much of a shock, as the firm has an account minimum of $1 million and requires a minimum annual fee of $7,000.
Walnut Private Equity Partners, LLC Background
Walnut Private Equity Partners, LLC started in August 2013. That makes it the second-youngest firm on this list. Steven Seline, who owns 60% of the firm, serves as the president and sole financial advisor of Walnut Private Equity Partners.
The firm currently has less than 10 clients. It predominantly offers consulting and advisor services to high-net-worth individuals. That could include a consultation for creating a financial plan or more specific advice on how to manage investments.
Walnut Private Equity Partners, LLC Investing Strategy
As mentioned above, Walnut Private Equity Partners specializes in investment advice for master limited partnerships. However, other clients can also use the firm’s services.
According to Walnut Private Equity Partners, client accounts are actively managed based on a client’s financial situation, risk tolerance and investment objectives. Like other firms on this list, Walnut Private Equity Partners uses fundamental analysis to look at both company-specific and macroeconomic factors when choosing which securities to invest in.
Silverleaf Advisor Group, LLC
Rounding out our list of the top financial advisor firms in Omaha is Silverleaf Advisor Group, LLC. The firm has $110.41 million in assets under management (AUM). Even though that’s the lowest AUM on this list, Silverleaf Advisor Group has the second-most financial advisors on staff, with seven advisors. One of those advisors is a chartered financial analyst (CFA).
Most clients of Silverleaf Advisor Group are individuals but the firm also serves charitable organizations, insurance companies and other corporations. While the firm is a fiduciary, employees may receive commissions from selling certain products because the firm is fee-based.
Silverleaf Advisor Group, LLC Background
Silverleaf Advisor Group, LLC was founded in 2016, making it the youngest firm on this list. Justin Gibson is the majority manager of the firm and Curtis Krueger is a minority manager.
The firm offers a wide range of services, including advising clients on buying an automobile, choosing life insurance, investing in a 529 plan and planning for retirement.
Silverleaf Advisor Group, LLC Investing Strategy
The base of Silverleaf Advisor Group’s investing philosophy is to create a diverse portfolio for clients. In particular, the firm uses what it calls strategy diversification, which focuses on how investments relate to each other within a portfolio. The idea is to look for companies that have different characteristics beyond just asset class.
With that being said, the Silverleaf typically invests in mutual funds, which already offer greater diversification than a single stock does.