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Top 10 Financial Advisors in Raleigh, NC

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This review was produced by SmartAsset based on publicly available information. The named firm and its financial professionals have not reviewed, approved, or endorsed this review and are not responsible for its accuracy. Review content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named firm and its financial professionals, and firms and financial professionals having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s reviews. This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the firm mentioned in this review or its financial professionals.

Finding a Top Financial Advisor Firm in Raleigh, North Carolina

Finding the right financial advisor for your needs is no easy undertaking. In Raleigh, this means looking through dozens of firms with different credentials, fee structures, investment strategies and specialties.

To find a financial advisor who serves an area near you, try our free online matching tool.

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Rank Financial Advisor Assets Managed Minimum Assets Financial Services More Information
1 CAPTRUST CAPTRUST logo Find an Advisor

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$655,054,291,754 $50,000
  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisors
  • Publication of periodicals

Minimum Assets

$50,000

Financial Services

  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisors
  • Publication of periodicals
2 Financial Symmetry Inc. Financial Symmetry Inc. logo Find an Advisor

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$812,657,352 No set account minimum
  • Financial planning services
  • Portfolio management 
  • Pension consulting

Minimum Assets

No set account minimum

Financial Services

  • Financial planning services
  • Portfolio management 
  • Pension consulting
3 Townsend Asset Management Corp. Townsend Asset Management Corp. logo Find an Advisor

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$367,101,234 No set account minimum
  • Financial planning services
  • Portfolio management 
  • Educational seminars/workshops

Minimum Assets

No set account minimum

Financial Services

  • Financial planning services
  • Portfolio management 
  • Educational seminars/workshops
4 Beacon Wealthcare LLC Beacon Wealthcare LLC logo Find an Advisor

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$235,809,892 Varies based on account type
  • Financial planning
  • Portfolio management

Minimum Assets

Varies based on account type

Financial Services

  • Financial planning
  • Portfolio management
5 Tradewinds, LLC Tradewinds, LLC logo Find an Advisor

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$267,371,971 No set account minimum
  • Financial planning
  • Portfolio management

Minimum Assets

No set account minimum

Financial Services

  • Financial planning
  • Portfolio management
6 Beacon Financial Strategies Corp. Beacon Financial Strategies Corp. logo Find an Advisor

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$240,491,481 No set account minimum
  • Financial planning
  • Portfolio management
  • Pension consulting

Minimum Assets

No set account minimum

Financial Services

  • Financial planning
  • Portfolio management
  • Pension consulting
7 Founders Financial Alliance, LLC Founders Financial Alliance, LLC logo Find an Advisor

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$642,837,068 No set account minimum
  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisors
  • Consulting services

Minimum Assets

No set account minimum

Financial Services

  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisors
  • Consulting services
8 Curi Capital Curi Capital logo Find an Advisor

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$1,095,979,727 Varies based on account type
  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisors

Minimum Assets

Varies based on account type

Financial Services

  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisors
9 Capital Investment Counsel Inc. Capital Investment Counsel Inc. logo Find an Advisor

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$588,793,340 $100,000
  • Financial planning
  • Portfolio management

Minimum Assets

$100,000

Financial Services

  • Financial planning
  • Portfolio management
10 Cook Wealth Management Group LLC Cook Wealth Management Group LLC logo Find an Advisor

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$456,290,351 No set account minimum
  • Financial planning services
  • Portfolio management
  • Pension consulting
  • Selection of other advisors

Minimum Assets

No set account minimum

Financial Services

  • Financial planning services
  • Portfolio management
  • Pension consulting
  • Selection of other advisors

What We Use in Our Methodology

To find the top financial advisors in Raleigh, 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:

  • AUM
    Firms with more total assets under management are ranked higher.
  • Individual Client Count
    Firms who serve more individual clients (as opposed to institutional clients) are ranked higher.
  • Clients Per Advisor
    Firms with a lower ratio of clients per financial advisor are ranked higher.
  • Age of Firm
    Firms that have been in business longer are ranked higher.
  • Fee Structure
    Firms with a fee-only (as opposed to fee-based) compensation structure 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.

CAPTRUST

CAPTRUST is a firm with hundreds of advisors across the country. Several dozen of those advisors are based in Raleigh, where the firm is headquartered. Among them they hold various professional certifications, including certified financial planner (CFP), chartered financial analyst (CFA), accredited investment fiduciary (AIF), certified public accountant (CPA) and chartered retirement plan specialist (CRPS).

You’ll need at least $50,000 to be a client of this fee-based firm. CAPTRUST works with individuals, high-net-worth individuals, banking institutions, pension plans, charities, government entities, insurance companies, corporations and other institutions. CAPTRUST has one of the highest assets under management of any firm in U.S. that qualified for our rankings.

CAPTRUST Background

CAPTRUST was first registered with the Securities & Exchange Commission (SEC) in 2003. It’s almost 100% owned by CapFinancial Group, LLC, which is in turn owned by CapFinancial Holdings, Inc. and Halftime Holdings LLC. James Fielding Miller, the CEO of CAPTRUST, owns roughly 40% of CapFinancial Holdings, Inc.

CAPTRUST offers a wide range of services to institutional clients, primarily retirement plans. For individual clients, the firm provides investment advisory services, financial planning services and estate planning services.

CAPTRUST Investment Strategy

CAPTRUST begins formulating its investment strategies with the goals of its clients, making sure to factor in each client’s investment objectives and risk tolerance. Then, the firm develops an asset allocation of equities, fixed income, strategic opportunities, commodities and real estate with a risk profile that’s appropriate to the client. For security analysis, the firm uses fundamental, technical, quantitative and qualitiative analysis.

Financial Symmetry Inc.

Financial Symmetry Inc. has several certified financial planners (CFPs) on its staff, as well as chartered retirement planning counselor (CRPC) and certified public accountant (CPA). The firm has millions in assets under management; it has no strict minimum account size, but it does have a minimum annual fee, which varies by account type. It’s a fee-only firm

Financial Symmetry Inc. Background

Financial Symmetry Inc. was founded in 2001 by Bill Ramsay, who remains a partner at the firm. It’s owned by Ramsay and 10 other owners. 

Alongside financial planning and investment management, Financial Symmetry also offers retirement planning, tax planning, Social Security analysis, college planning, 401(k) allocation and estate planning services. For small businesses, the firm offers 401(k) advice to help businesses evaluate their current 401(k) plans and design a plan that is low-cost and straightforward. 

Financial Symmetry Inc. Investment Strategy

Financial Symmetry Inc. has an investment committee that meets monthly to evaluate the firm’s long-term investment outlook. The investment committee aims in its research to find any broad mispricings that it may be able to use to its clients’ benefit. 

The firm applies a long-term approach to its investment process. The firm primarily recommends mutual funds and exchange-traded funds (ETFs) for its clients, and it says it chooses asset classes according to each client's risk tolerance and risk capacity. 

Financial Symmetry Inc. has a good offering of client resources. Its blog is updated weekly, with posts on company news and financial how-tos. In another section, Client Stories, the firm gives readers a look at how its services have helped clients deal with financial challenges, from getting ready to retirement to starting a family.

Townsend Asset Management Corp.

Founded in 1982, Townsend Asset Management Corp. has a staff with various professional certifications, including certified financial planner (CFP), certified public accountant (CPA), personal financial specialist (PFS) and chartered financial analyst (CFA).

Like many firms on this list, Townsend Asset Management does not have a set account minimum. The fee-only firm primarily serves individuals, as well as a few high-net-worth individuals, pension plans, charitable organizations and corporations. 

Townsend Asset Management Corp. Background 

Townsend Asset Management Corp. is owned by Gerald Townsend, its president, and Katrina Townsend, its business manager and office administrator.

The firm’s wealth management services, which include financial planning, tax preparation and consulting services, are its most comprehensive offering. In both its wealth management and investment management services, Townsend takes into account clients’ personal goals, needs and financial situations when determining the course of action.

Townsend Asset Management Corp. Investment Philosophy

At Townsend, investment management clients each receive an “investment policy statement” that summarizes their risk tolerance, growth objective and time horizon, among other preferences and goals. This, alongside the firm’s financial and investment philosophy, guides how the firm will manage a client’s investments. The firm will design portfolios for conservation of principal, income, moderate growth or more aggressive growth.

Townsend Asset Management invests its clients assets in stocks, bonds, mutual funds or other securities, including certificates of deposit, options or alternative investments. It normally makes long-term purchases but also does short-term. Its primary analysis methods are fundamental and technical analysis.

Beacon Wealthcare

Beacon Wealthcare serves the needs of individuals, high-net-worth individuals, trusts, estates, pension and profit-sharing and defined-contribution retirement plans, business entities, charitable institutions, endowments and foundations. Minimum investment requirements vary. For example, to take part in the fee-only firm's SPT Program clients must have at least $5,000.

Beacon Wealthcare is a relatively small firm with a five-person team that represents various professional financial certifications, including certified financial planner (CFP), certified public accountant (CPA) and retirement income certified professional (RICP). 

Beacon Wealthcare Background

Beacon Wealthcare was founded in 1998 by Sam Bass. The firm is a member-managed LLC, owned by Geoffrey Hall, Jared Korver and Ryan Smith.

Beacon Wealthcare offers investment advisory services as well as financial planning services. 

Beacon Wealthcare Investment Strategy

The firm's mission is to "empower clients to live more abundant and purposeful lives." Its process is focused on advising clients to "avoid unnecessary investment risk, avoid needless or irrational sacrifices to their lifestyle and to constantly measure, in easily understandable terminology, their progress toward accomplishing the goals they value." It values diversification of assets as well. The firm acknowledges that capital markets are uncertain by nature, and so uses data and research to bolster these approaches. Client investment portfolios are largely invested in exchange traded funds (ETFs).

Tradewinds

Tradewinds, a fee-only firm, ranks next on our list. Only a year old, the firm serves primarily non-high-net-worth and high-net-worth individuals, in addition to retirement plans and corporations. Tradewinds has three certified financial planners (CFPs) on staff, and requires no set minimum in order to open an account.  

Tradewinds Background

Tradewinds was established in 2021 under the ownership of chief executive officer Tim Whitney. Advisors primarily offer wealth management and financial planning services. The firm’s services may also include one or more of the following:

  • Retirement planning
  • Cash flow and net worth analysis
  • Tax planning
  • Debt planning
  • Discretionary and non-discretionary asset management

Tradewinds Investment Strategy

Tradewinds clients are generally allocated among its custom, proprietary strategies, which include a mix of individual equities, mutual funds, exchange-traded funds and options. Investments and allocations are determined by a client's predefined objectives, risk tolerance, time horizon, financial information and liquidity needs. Advisors base investment recommendations on fundamental, charting and technical analysis, as well as modern portfolio theory (MPT). 

Beacon Financial Strategies

Beacon Financial Strategies is a fee-based firm that serves various clients, including individuals, pension and profit-sharing plans, trusts, estates, as well as corporations or other business entities. The firm does not impose any minimum account requirements on clients.

The firm's team represents various professional financial certifications, including certified financial planner (CFP), certified public accountant (CPA) and accredited investment fiduciary (AIF).

Beacon Financial Strategies Background

The firm was founded in 2004 and principal owners are Nathan R. “Chip” Hymiller, III and Erin P. Campbell.

It provides four distinct types of advisory services to clients, which it names as follows: Net Worth Management, Investment Management, Tax Preparation and Corporate Sponsored Retirement Plan Consulting.

Beacon Financial Strategies Investment Strategy

To analyze securities, Beacon Financial Strategies may use various methods including charting, fundamental analysis, technical analysis and cyclical analysis.

Research sources include but are not limited to financial newspapers and magazines, inspections of corporate activities, research materials prepared by others, annual reports, filings with the SEC and company press releases.

Founders Financial Alliance

Founders Financial Alliance (FFA) is a fee-based firm that serves many clients, including individuals, banks, retirement plans, trusts, estates, charitable organizations and business. 

The firm does not impose any minimum account requirements on clients. However, it has affiliations with a broker-dealer and representatives of the firm may be insurance agents or brokers, and select members of the firm who are registered representatives of these affiliates may receive commissions for the sale of products. This is a conflict of interest, but the firm is still a fiduciary and must legally act in the best interest of the client.

Founders Financial Alliance Background

Founders Financial Alliance, LLC i s a registered investment advisor (RIA). Tom W. Porter, Jr. is the firm's founding member and formed the company in August 2014. He is full owner of the firm.

Headquartered in Raleigh, the firm has other locations under various "doing business as" (DBA) names in several cities, some of which include Cary and Greenville in North Carolina; Boca Raton, Florida; and Albuquerque, New Mexico.

Founders Financial Alliance Investment Strategy

FFA provides discretionary and non-discretionary investment advisory services to clients based on various factors such as individual goals, objectives, time horizon, needs and risk tolerance. Investment strategies and recommendations by IARs are tailored to the individual needs of each client.

The firm emphasizes regular account supervision. Portfolios consist of individual stocks or bonds, exchange traded funds (ETFs), options, mutual funds and other public and private securities or investments. It uses hard evidence and resarch to create tailored portfolios. Analysis methods include fundamental analysis, technical analysis and cyclical analysis, as well as modern portfolio theory and third-party manager analysis.

Curi Capital

Curi Capital is a fee-based firm managing individuals, high-net-worth individuals, retirement plans, trusts, foundations, family offices, endowments and corporations. Minimums vary based on account type. For example, the firm requires that each client meet a minimum account size of $250,000 for a Partnership or Limited Partnership account, while the Private Investor program requires a minimum of $100,000. 

The firm’s staff of advisors offer a collection of specialties, including the chartered financial analyst (CFA), certified financial planner (CFP) and certified public accountant (CPA) designations. However, as a fee-based firm, some of its advisors may receive a commission from selling insurance products. Despite the potential conflict of interest, Curi Capital is still a fiduciary and is legally obligated to act in the best interest of its clients.

Curi Capital Background

Founded in 2016, Curi Capital bought KDI Capital Partners, LLC in 2021. The firm is owned by Curi Capital, LLC, which in turn is a wholly-owned subsidiary of MMIC Investment Holdings, Inc. MMIC Investment Holdings, Inc. is wholly-owned by Curi Holdings, Inc. KDI Capital Partners, LLC owners John Day and Sheldon Fox now form part of the Curi Capital team.

Curi Capital Investment Strategy 

Curi Capital's investment philosophy is based on targeted asset allocation and risk diversification. The firm offers eight investment strategies to guide its clients' investments:

  • Strategic Only: exchange-traded funds (ETFs) only portfolios with no tactical asset allocation, typically for accounts below $50,000. 
  • IPS Strategies: diversified asset allocations that include ETFs, mutual funds, and closed-end funds. 
  • Custom Portfolios: generally following an IPS strategy based on a client's risk tolerance and investment objectives, but also includes individual stocks and bonds.
  • Corporate or Muni Bond and Individual Equity Separately Managed Accounts: sub-advised by third-party managers.
  • Private Investments: currently includes allocations to Curi Capital Real Estate Income and Growth Fund I, SharpVue Real Estate Funds (2) and SharpVue private lending fund.
  • KDI Core Equities: the principal focus is on U.S. equities, with potential limited investments in equity securities of European and/or Canadian companies. 
  • KDI Highly Concentrated: this strategy is employed to target certain foundations, corporations, family offices and endowments. The strategy will hold up to 15 intensely researched large and highly liquid mid-cap stocks and ADR's. KDI Highly Concentrated strategy seeks to identify companies and industries changing due to the impact of technology and to invest in those companies that will benefit from those changes.

Capital Investment Counsel

Capital Investment Counsel is a fee-based firm with millions in assets under management. The firm has an account minimum of $100,000, but it retains the right to waive that minimum at its discretion.

The firm has several advisors, though according to the firm's website, none of them list any professional designations such as certified financial planner (CFP) or chartered financial analyst (CFA). As a fee-based firm, its advisors may earn a commission from recommending certain investments. Despite this potential conflict of interest, the firm is still a fiduciary and must legally act in the best interests of its clients.

Capital Investment Counsel Background

Capital Investment Counsel was founded in 1984 by Richard K. Bryant and E.O. Edgerton Jr. The firm is owned by R. Bryant Family Partners, Ltd., a partnership controlled by Bryant. The firm is a part of Capital Investment Companies, a group of companies founded by Richard Bryant that provide a wide range of financial services.

Capital Investment Counsel specializes in individually tailored portfolios of equities and fixed-income securities, and it also provides financial planning services.

Capital Investment Counsel Investment Strategy

Capital Investment Counsel relies on a five-part investment philosophy: emphasizing financially strong, cash-rich companies selling at discounts historically; reinvesting dividends and interest; emphasizing additional contribution to the portfolio; striving to minimize tax liability; and “multiplying” positions in companies that have grown significantly beyond their value.

The firm doesn’t focus on creating “model” portfolios. Rather, it builds individually-tailored portfolios made up of individual equities and fixed-income securities. The firm invests in stocks of all market capitalizations.

Cook Wealth Management Group

Cook Wealth Management Group is a fee-based firm. It has affiliations with a broker-dealer and an insurance company, and select members of the firm who are registered representatives of these affiliates may receive commissions for the sale of products. This is a conflict of interest, but as a fiduciary, the firm must still act in the best interest of the client.

The firm, which boasts over 145 years of combined experience and has staff members with professional financial certificaitons including certified financial planner (CFP) and certified public accountant (CPA). It does not have a set account minimum.

Cook Wealth Management Group Background

Founded in 1984, Cook Wealth Management is owned by Jon Cook, founding partner and wealth advisor, and Brian Cook, managing partner, wealth advisor and chief compliance officer. The firm’s four primary services are financial planning, asset management, tax planning and life planning. 

Cook Wealth Management Group Investment Strategy

Cook Wealth Management says it takes a holistic approach to wealth management. The firm creates customized portfolios for clients, with asset allocation based on clients' needs, life goals, risk tolerance, tax situation and ideal timeframe. Progress is measured against achieving a long-term personal rate of return, rather than against stock market indexes.

This firm mainly employs a long-term investment approach, and it uses fundamental analysis to research and select securities. Its portfolios use diversified mutual funds and/or exchange-traded funds, as well as individual stocks and bonds.

How Long $1 Million Lasts in Retirement

SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Zoom between states and the national map to see the top spots in each region. Also, scroll over any city to learn about the cost of living in retirement for that location.

Least
Most
Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology We weighed potential expenditures for a prospective retiree with a  $1 million nest egg to assess how many years that fund would cover in retirement in America’s largest cities.

We applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. Using this data, SmartAsset calculated the average cost of living for retirees in metro areas across the U.S.

We assumed the $1 million would grow at a net annual return of 2% after inflation. Then, we divided $1 million by the sum of each of those annual numbers to determine how long $1 million would cover retirement expenses in each of the cities in our study. Cities where $1 million lasted the longest ranked the highest in the study.