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. 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.
|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||CWM, LLC Find an Advisor||$11,897,043,072||Varies based on account type|| || |
Minimum AssetsVaries based on account type
|2||Bridges Investment Management Find an Advisor||$4,833,263,658||No set account minimum|| || |
Minimum AssetsNo set account minimum
|3||Wealthplan Partners Find an Advisor||$1,977,232,229||Varies by account type|| || |
Minimum AssetsVaries by account type
|4||Nelson, Van Denburg & Campbell Wealth Management Group, LLC Find an Advisor||$1,321,629,961||No set account minimum|| || |
Minimum AssetsNo set account minimum
|5||Lutz Financial Find an Advisor||$1,189,316,608||No set account minimum|| || |
Minimum AssetsNo set account minimum
|6||Silverstone Asset Management, Inc. Find an Advisor||$957,452,558||$250,000|| || |
|7||Silverleaf Advisor Group, LLC Find an Advisor||$510,228,875||Varies by account type|| || |
Minimum AssetsVaries by account type
|8||Cambridge Advisors Inc. Find an Advisor||$486,976,596||$500,000|| || |
|9||America First Investment Advisors LLC Find an Advisor||$399,266,374||$300,000|| || |
|10||Arkfeld Wealth Strategies, LLC Find an Advisor||$236,449,000||No set account minimum|| || |
Minimum AssetsNo set account minimum
How We Found the Top Financial Advisor Firms in Omaha, Nebraska
To create this list of top financial firms, SmartAsset considered all firms in Omaha registered with the U.S. Securities and Exchange Commission (SEC). 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. We sorted the remaining firms according to assets under management (AUM), from highest AUM to lowest. All information is accurate as of the writing of this article.
CWM was founded in 2010. The firm is an affiliate of Carson Group Holdings. CWM provides a range of wealth management services as well as tax preparation offerings through Carson Wealth Tax Planning. And despite its short track record, the firm has accumulated a significant number of clients and assets under management (AUM).
Most of this firm's clients are non-high-net-worth individuals. However, it extends its services to pension and profit-sharing plans, insurance companies and businesses. Investment minimums vary depending on what kind of investment strategy you enroll in. These minimums range from $5,000 to $250,000.
This is a fee-based firm, which means some on-staff advisors can earn commissions when they sell certain insurance products or securities. While this creates a potential conflict of interest, the firm is bound by fiduciary duty to act in clients' best interests.
CWM, LLC Background
CWM, LLC was formed in 2010 by Ron Carson. The firm is not independently owned, as it is under the ownership of a holding company called Carson Group Holdings. However, Caron Group Holdings is owned by Ron Carson. Carson is also a certified financial planner (CFP), certified fund specialist (CFS) and a chartered financial consultant (ChFC).
CWM, LLC Investment Strategy
CWM utilizes various model portfolios and separately managed accounts based on certain strategies. These include long-term purchases, short-term purchases, frequent trading and more. Therefore, the firm can build a portfolio around your goals and needs rather than pairing you with predetermined investment strategies.
Bridges Investment Management
Bridges Investment Management (BIM) is a fee-only advisory firm in Omaha. It mainly serves high-net-worth individuals. However, it also extends it business to corporate profit-sharing plans, banks, thrift companies and charitable organizations.
To open an account with BIM, you don’t need a set minimum investment. However, the firm does impose minimum fees depending on what type of services you receive. The firm specializes in portfolio management.
Bridges Investment Management Background
BIM was incorporated in 1994. However, it can trace its roots back to 1945 when Marvin W. Bridges, Sr. became Nebraska’s first investment advisor. Today, the firm employs a medium sized team in its Omaha office. Advisory certifications include certified financial planner (CFP), certified public accountant (CPA) and chartered financial analyst (CFA).
Bridges Investment Management Investing Approach
BIM generally begins their investment management process by having an initial meeting to understand your risk tolerance, financial situation and investment objectives. It would use this information to draft an Investment Policy Statement that would outline your asset allocation among other factors.
The firm would create and monitor your portfolio while making tactical changes when needed. For the most part, however the firm’s investment philosophy relies on long-term strategies. So it tends to hold onto securities for more than a year. But it will utilize short-term strategies if deemed necessary.
According to official documents it filed with the SEC, BIM generally focuses on the following guidelines when making investment decisions.
- Long term in nature
- Emphasize high quality and/or investment grade securities
- Utilize a range of approaches to determine valuation and establish investment attractiveness
Involve appropriate industry, sector, and individual security diversification.
While Wealthplan Partners offers services for trusts, charitable organizations and corporations, the majority of its clients are individuals. The minimum account balance requirement varies based on the type of account.
Wealthplan Partners operates in multiple cities across the country. Including the advisors outside of Omaha, it employs a large team of investment advisors. The Omaha office has one certified financial planner (CFP) on staff.
Advisors at fee-based 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. The firm is owned by WPP Holdings, LLC, and Todd Feltz, Brent O’Mara and Wade Behlen also hold 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.
Nelson, Van Denburg & Campbell Wealth Management Group, LLC
Nelson, Van Denburg & Campbell Wealth Management Group, LLC has been registered as an advisor with the SEC since 2008. According to SEC documents, the firm works primarily with non-high-net-worth individuals. It specializes in the following topics:
- Retirement services
- Cash management
- Education planning
- Survivor and asset protection
- Estate plan coordination
- Tax plan coordination
This is a fee-based firm. That means some advisors can sell insurance products on a commission basis. While this creates a potential conflict of interest, the firm is legally bound by fiduciary duty to act in your best interest.
Nelson, Van Denburg & Campbell Wealth Management Group, LLC Background
The Nelson, Van Denburg & Campbell Wealth Management Group has been registered with the SEC since 2008. Its current owners are Kent E. Nelson, Burton L. Van Denburg and Britt E. Campbell, Rodney W. Goben and Andrea P. McMahon, Steve Esch, Liz Sanley, Cindi Bohrer and Jay Nelson.
The firm’s advisor team features several certified financial planners (CFPs), chartered financial analysts (CFAs) and accredited investment fiduciaries (AIFs).
Nelson, Van Denburg & Campbell Wealth Management Group, LLC Investing Approach
The Nelson, Van Denburg & Campbell Wealth Management Group can create and manage an investment portfolio for you or simply consult you on accounts that already exist in your name. Individual portfolios may invest in the following securities based on your risk tolerance and other factors.
- Exchange-listed securities
- Certificates of deposit (CD)
- Municipal securities
- Mutual funds
- Commercial paper
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 has several certified financial planners (CFPs) on the staff. 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
Jim Boulay, the firm’s principal owner, founded Lutz Financial in 2000. 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). The firm chooses stocks and other assets 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.
Silverstone Asset Management, Inc.
SilverStone Asset management, Inc. (SSAM) is an SEC-registered firm in Omaha. It provides its clients with financial planning, private wealth management and investment management services. It also works with corporate retirement plan sponsors and businesses.
To open an account with SSAM, you’d generally need a minimum initial investment of $250,000.
This fee-based firm has on-staff financial advisors that can earn commissions from insurance or securities sales. Despite the potential conflict of interest this induces, the firm is legally required to act in your best interest because of its fiduciary duty.
SilverStone Asset Management Background
SSAM was established in 2004 and became a registered investment advisor in 2012. The firm’s owner is HUB International Limited, which purchased the firm in 2019.
Jeff Sharp, a senior advisor at the firm, is a certified financial planner (CFP), a chartered life underwriter (CLU), a chartered financial consultant (ChFC) and a certified private wealth advisor (CPWA). Retirement plan advisor Patrick Fay is an accredited investment fiduciary (AIF) and a qualified plan financial consultant (QPFC).
SilverStone Asset Management Investing Approach
SSAM specializes in asset management. So it can utilize its expertise to help you properly manage accounts such as 401(k) plans, individual retirement accounts (IRAs) and 529 college savings plans.
In addition, the firm can flesh out a holistic financial plan for you to take. This plan can cover several topics including the following:
- Retirement planning
- Income tax planning
- Estate planning
- Debt management
Silverleaf Advisor Group, LLC
Silverleaf Advisor Group, LLC doesn't boast a ton of advisory certifications, but multiple team members are accredited wealth management advisors (AWMA).
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. 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.
Cambridge Advisors Inc.
Cambridge Advisors is a fee-only financial advisory firm. This means Cambridge charges fees for only its own services. It doesn’t collect commissions or revenue for other activities such as recommending one investment over another. This arrangement can, thus, significantly reduce potential conflicts of interest between the client and the advisor.
Today, Cambridge works with more than twice as many non-high-net-worth individuals as it does with people who have a high net worth. It also works with pensions, profit-sharing plans and charities.
Cambridge Advisors Background
Cambridge was founded in 1990, making it one of the oldest firms on our list. The primary owners are firm President Lori Liffring and Vice President Michael Bridgman. Its team features one chartered financial analyst (CFA), one chartered financial consultant (ChFC) and one certified public accountant (CPA).
Cambridge Advisors Investing Approach
Cambridge typically creates portfolios by using mutual funds and exchange traded funds. It considers several factors to determine the right asset allocation. However, the firm generally focuses on long-term strategies. The firm states that it does not time the market, it does note the risk/reward relationship of a range of asset classes over time. The firm adjusts asset allocations to incorporate projected growth opportunities and a client's risk tolerance and particular set of needs.
America First Investment Advisors LLC
Founded in 1994, America First Investment Advisors LLC (AFIA) is one of the oldest firms on this list. 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, pensions, profit sharing plans, charitable organizations, corporations and other business entities.
AFIA has only a handful of employees. But of those employees, there are certified financial planners (CFPs) and chartered financial analysts (CFAs). Advisors at AFIA may receive commissions from selling financial products, hence its status as a fee-based firm. This is a potential conflict of interest, but the firm is legally bound by fiduciary duty to act in your best interest, no matter what.
America First Investment Advisors LLC Background
As mentioned, America First Investment Advisors LLC is an employee-owned firm that maintains a small size. 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 exchange-traded funds (ETFs). The firm does sometimes invest in individual bonds for clients who are looking to buy large amounts of fixed-income securities.
Arkfeld Wealth Strategies, LLC
Arkfeld Wealth Strategies, LLC is the final firm on our list of the top financial advisors in Omaha, Nebraska. This firm's client base consists almost entirely of non-high-net-worth individuals. Other clients on the institutional side include high-net-worth individuals, charities, insurance companies and other businesses. There isn't a set account minimum for working with Arkfeld.
Arkfeld is a fee-based firm, as some of its advisors are registered insurance agents who receive commissions from the sale of insurance products to clients. This potential conflict of interest is only offset by the fact that the firm is registered fiduciary that is legally obligated to act in the best interests of clients at all times. A fee-only firm, in contrast, does not receive commissions.
Arkfeld Wealth Strategies Background
Arkfeld Wealth Strategies is a very young firm, as it was founded in 2018 and has been registered with the SEC as an investment advisor ever since. Andrew Arkfeld, managing member of the firm, is also the firm's owner. Christopher Sandstedt is the firm’s chief investment officer and Ashley Brannan is chief compliance officer.
Arkfeld provides clients with both financial planning and portfolio management services. While assets are managed on both a non-discretionary and discretionary basis, the majority of the firm's assets are managed on a discretionary basis.
Arkfeld Wealth Strategies Investment Strategy
As is the case with many other investment advisors, Arkfeld Wealth Strategies tailors its investment strategies to the needs of its clients. Advisors meet with clients before engaging them for financial services in order to determine their investment goals. From there, they work to determine even more about the client, such as their financial situation, risk tolerance and liquidity needs.
Advisors at Arkfeld aim to use modern portfolio theory and reduce risk and volatility through building globally diversified portfolios. Advisors primarily use mutual funds, stocks and exchange-traded funds (ETFs) to populate client portfolios, but composition ultimately depends on the client's goals. The firm uses fundamental, market trend and economic cycle analysis to inform decisions.