Finding the Top Financial Advisors in Palo Alto, CA
If you’re seeking a financial advisor in Palo Alto, California, the search can be time-consuming and tedious. Certainly you’ve got better things to do than dig through disclosure documents and other material to find a qualified advisor. So we did the leg work for you to bring you the top six financial advisors in Palo Alto. Read on to learn key facts such as assets under management (AUM), fee frameworks and services rendered.
|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||Sand Hill Global Advisors, LLC Find an Advisor||$2,050,434,577||$2,500,000|| || |
|2||Vista Wealth Management Find an Advisor||$1,781,478,062||$2,000,000|| || |
|3||Frank, Rimerman Advisors LLC Find an Advisor||$877,864,395||None|| || |
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|4||Rebalance, LLC Find an Advisor||$677,295,983||$100,000|| || |
|5||Palo Alto Wealth Advisors, LLC Find an Advisor||$172,068,742||None|| || |
|6||Holbrook Global Strategies Find an Advisor||$115,000,000||$1,000,000|| || |
How We Found the Top Financial Advisors in Palo Alto, CA
We started by gathering data on Palo Alto firms registered with the Securities Exchange Commission (SEC). We then removed firms that faced disciplinary action in the past 10 years. Next, we eliminated those who didn’t offer comprehensive financial planning services or whose client base wasn’t at least half individual accounts. Finally, we ranked the firms in Palo Alto, based on assets under management (AUM), from largest to smallest.
Sand Hill Global Advisors, LLC
Sand Hill Global Advisors tops our list with more than $2.0 billion in assets under management. The firm serves individuals, high-net-worth individuals and their related trusts, estates, retirement plans and other entities. It also works with businesses and charities, though most of its clientele consists of non-high-net-worth individuals, according to SEC records.
The firm works on a fee-only basis. So it doesn’t collect commissions from third parties for selling or recommending their products. For fund management services, you generally need a minimum investment of $1 million.
Sand Hill Global Advisors Background
Sand Hill Global first opened its doors in 1982 and is owned by 11 members of the firm, including Senior Wealth Manager Jeffrey Abadie. The team includes nine certified financial planners (CFPs), three chartered financial analysts (CFAs) and one certified divorce financial analyst (CDFA).
In addition to managing portfolios, the firm can help its clients address several aspects of their financial life, including budgeting, retirement planning and starting a business. In addition, the firm can advise on endowments and other philanthropic initiatives.
Sand Hill Global Advisors Investing Strategies
Sand Hill Global emphasizes proper asset allocation as the main driver of favorable returns. It will attempt to create one based on your individual circumstances such as risk tolerance and financial goals. It may also aim for global diversification by investing in domestic and international stocks as well as mutual funds, exchange-traded funds (ETFs) and other types of securities.
Vista Wealth Management
Vista Wealth Management Group comes in at No. 2 with about $1.8 billion in assets under management. It works with individuals, high-net worth individuals, pensions and profit-sharing plans, trusts, estates, charitable organizations, corporations and other business entities. Most of its clients have a high net worth. You’d generally need a minimum investment of $2 million in order to receive investment management services.
Vista Wealth is a fee-only firm. So it doesn’t collect commissions from third parties for selling or recommending specific products. Its advisors hold one or more of the following certifications:
- Certified financial planner (CFP)
- Certified public accountant (CPA)
- Chartered financial analyst (CFA)
- Personal finance specialist (PFS)
Vista Wealth Management Group Background
Vista Wealth is a wholly-owned subsidiary of Focus Financial Partners.
The firm can tailor a financial plan to your individual needs, advising on such topics as retirement savings, estate planning and education funding through 529 college savings plans and more. In addition, the firm can manage a diversified portfolio to meet your investing goals.
Vista Wealth Management Group Investing Strategies
Vista Wealth utilizes an array of market research and other data to make investment decisions. The asset allocation it determines for you will depend on individual factors such as your risk appetite and long-term investing goals. For diversification purposes, the firm may invest your assets among mutual funds, exchange-traded funds (ETFs) and interval funds (a closed-end fund).
Frank, Rimerman Advisors LLC
Frank, Rimerman Advisors (FRA) currently holds more than $877.8 million in assets under management. It works with high-net-worth individuals, individuals, businesses, charities and other types of clients. It can also advise on your retirement plans, estates, trusts and other accounts.
The firm doesn’t require a minimum investment. However, it charges a minimum annual asset-based fee of $15,000 for investment advice. It may also collect fees through advisory and referral programs.
FRA is staffed by more than 30 professionals who specialize in tax, accounting and financial planning advice.
Frank, Rimerman Advisors Background
FRA has been in business since 2000 and is wholly-owned by Frank, Rimerman + Co. LLP.
The firm can provide different financial planning services to meet your needs. It can advise on such topics as retirement planning, estate management, insurance policies and more.
Frank, Rimerman Advisors Investing Strategies
In constructing client portfolios, FRA doesn’t limit itself to specific securities. Your asset allocation would be based on personal factors such as your risk tolerance, financial situation and long-term goals. As part of its securities selection process, the firm turns to market research and other data concerning the state of the economy.
Rebalance manages nearly $677.3 million. It works with individuals, high-net-worth individuals, estates, trusts, businesses and more. To establish an account, you’d need a minimum investment of $100,000.
The firm has one certified financial planner (CFP). It’s a fee-only financial advisory firm, which means it doesn’t earn commissions from third-party firms.
Rebalance emerged in 2011 and is currently owned by Somerset Group Enterprise, Inc. and Penny Investor, Inc.
In addition to portfolio management services, the firm can assist you with a range of issues, including saving for retirement through plans such as individual retirement accounts (IRAs), 401(k) plans and SEP IRAs. The firm specializes on the following topics:
- Investment strategy
- Portfolio rebalancing
- Asset allocation
- Fund selection
- Risk tolerance
- Portfolio monitoring
- Financial planning
Rebalance Investing Strategies
Rebalance aims to diversify portfolios based on factors like your risk appetite and investing goals. It may recommend constructing your portfolio using its seven investment models, which are mostly invested in exchange-traded funds (ETFs). The firm will monitor your portfolio and make adjustments if it deems it appropriate based on factors such as market conditions for major changes in your financial life.
Palo Alto Wealth Advisors, LLC
Palo Alto Wealth Advisors (PAWA) joins our top financial advisors with more than $172.4 million in assets under management. It works primarily with high-net-worth individuals and their related accounts such as trusts and retirement plans. It also helps businesses, charities and other entities.
You don’t need a minimum investment to start a relationship with the firm. But it does impose a minimum annual fee of $8,000. The firm works on a fee-only basis, so its compensation comes directly from clients for the services it provides. It doesn’t earn commissions from third parties such as broker-dealers for selling their products.
The company is led by its founder Ryan Schmidt, who has spent more than a decade providing wealth management advice to the tech industry. Silicon Valley Business Journal ranked him among its “40 Under 40” in 2016.
Palo Alto Wealth Advisors Background
PAWA first opened its doors in 2016 and is owned by Ryan K. Schmidt.
The firm offers a wide range of financial services. It can advise on such topics as retirement and estate planning and investing and trust management. In addition, the firm specialises in guiding first-time homebuyers. They can help you answer common questions like, “How much house can I afford?”
Palo Alto Wealth Advisors Investing Strategies
PAWA emphasizes risk-and-reward profiles when building client portfolios. It develops this profile by analyzing several personal factors such as risk appetite, investing goals and preferences. Depending on your profile, the firm may invest your assets in various securities such as stocks, bonds, mutual funds and exchange-traded funds (ETFs). The firm also takes the tax implications of these investments into account as they may relate to you. When making investing decisions, Palo Alto Wealth Advisors relies on several sources of information such as readily available market data and research.
Holbrook Global Strategies
Holbrook Global Strategies is an investment management firm with more than $115.0 million in assets under management. It offers its services to individuals and families as well as their related trusts, estates, retirement plans and other types of investments. To establish a relationship with the firm, you’d need a minimum of $1 million in investable assets.
The firm also accepts foundations, pension plans, family offices and other institutions as clients.
Holbrook Global Strategies Background
Rick Holbrook founded his namesake firm in 2003 and remains the principal owner. Several publications such as Businessweek and Money magazine have recognized him as an expert global investor.
Holbrook Global Strategies focuses on providing investment management services for its clients. It also, on a limited basis, provides financial planning, “particularly as it relates to their portfolio management or retirement goals,” the company states. In addition, the firm can guide you on managing trusts, estates retirement plans and more.
Holbrook Global Strategies Investing Strategies
Holbrook Global Strategies generally focuses on long-term strategies. It aims to build diversified portfolios that reflect client risk tolerance, financial goals and other factors. It may advise on investing in stocks, bonds, mutual funds, index funds, real estate securities in more. But it notes it generally doesn’t advise on all security types.