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The Top Financial Advisors in Redmond, WA

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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 Remond, Washington

If you’re seeking a financial advisor in Redmond, Washington, we can help. We researched all registered financial advisors (RIAs) in Redmond to find the ones at the top. We cover crucial details like their fee structures, services and investment strategies. Use our advisor matching tool to connect with up to three advisors who serve your area. 

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Rank Financial Advisor Assets Managed Minimum Assets Financial Services More Information
1 Personal Investment Management, Inc. Personal Investment Management, Inc. logo Find an Advisor

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$533,851,522 No set account minimum
  • Financial planning
  • Portfolio management
  • Investment consulting

Minimum Assets

No set account minimum

Financial Services

  • Financial planning
  • Portfolio management
  • Investment consulting
2 The Retirement Solution Inc. The Retirement Solution Inc. logo Find an Advisor

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$466,087,270 No set account minimum
  • Financial planning
  • Portfolio management
  • Selection of other advisors

Minimum Assets

No set account minimum

Financial Services

  • Financial planning
  • Portfolio management
  • Selection of other advisors
3 Private Advisory Group LLC Private Advisory Group LLC logo Find an Advisor

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$687,488,520 $500,000
  • Financial planning
  • Portfolio management
  • Tax preparation
  • Estate planning

Minimum Assets

$500,000

Financial Services

  • Financial planning
  • Portfolio management
  • Tax preparation
  • Estate planning
4 Joslin Capital Advisors, LLC Joslin Capital Advisors, LLC logo Find an Advisor

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$447,009,329 No required minimum
  • Investment planning
  • Retirement planning
  • Tax planning
  • Estate planning
  • Debt reduction
  • Education planning
  • Philanthropic planning

Minimum Assets

No required minimum

Financial Services

  • Investment planning
  • Retirement planning
  • Tax planning
  • Estate planning
  • Debt reduction
  • Education planning
  • Philanthropic planning

What We Use in Our Methodology

To find the top financial advisors in Redmond, 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.

Personal Investment Management

Personal Investment Management (PIM) manages model portfolios on behalf of its clients, who include individuals, families and their related entities, trusts, estates and family businesses. It currently oversees the largest amount in assets on this list. The team has multiple financial advisory professionals and a client services specialist. 

Advisory certifications include certified financial planner (CFP), chartered financial analyst (CFA), personal finance specialist (PFS), chartered retirement planning counselor (CRPC), accredited asset management specialist (AAMS), certified divorce financial analyst (CDFA), certified investment management analyst (CIMA) and chartered global management accountant (CGMA). (Some advisors have more than one designation.)

PIM operates as a fee-only fianncial planner. This means its compensation comes only from its clients. PIM doesn’t collect payments from other financial firms for recommending their products and services. The firm does not require an account minimum. 

Personal Investment Management Background

PIM formed in 1984. Ronald J. Moskat and Christopher J. Reedy are the principal owners. They lead a team with more than 50 years of collective experience in the financial services industry. 

The firm’s investment professionals design and manage model portfolios. They also offer financial planning in such areas as estate planning, tax planning and education funding.   

Personal Investment Management Investing Philosophy 

The firm gathers information about risk tolerance, time horizon and investment goals from clients. It does this through conversations and from having them complete what it calls "Investment Objective Worksheets." 

Using this information, PIM assigns model portfolios to each client. These portfolios are primarily comprised of equity and fixed-income mutual funds and exchange-traded funds (ETFs). If deemed appropriate, advisors may also consider alternative investments like real estate investment trusts (REITs) that aren’t publicly traded. PIM also manages model portfolios for individual participants of employer-sponsored retirement plans.

The Retirement Solution

The Retirement Solution provides investment management, financial planning and insurance assessment services. It currently oversees hundreds of millions in assets. The team includes advisors with certifications such as certified financial planner (CFP) and chartered retirement planning counselor (CRPC).

The Retirement Solution Background

The Retirement Solution can trace its roots back to 2003. Its founder and owner, Jim Black, is a CFP with more than three decades of experience in the financial services space.

He leads a team that specializes in direct asset management services. They can also provide advice on the following topics: 

  • Income planning
  • Portfolio analysis and design
  • Tax planning
  • Asset protection
  • Education planning
  • Retirement planning
  • Estate planning

In some cases, the firm may assign third-party portfolio managers to manage portions of clients’ accounts. 

The Retirement Solution Investing Strategy

The team at Retirement Solution picks investment models according to client objectives and risk tolerance. It also uses various analytical techniques to evaluate securities. These may include: 

  • Charting: forecasting price movements by using patterns to identify current trends and reversals
  • Fundamental: determining a security's underlying value and growth potential by evaluating its historical and present data
  • Technical: analyzing historical and present data to project the movement of prices based on price and trade volume

Private Advisory Group

Private Advisory Group provides financial planning and investment management services. Its financial advisors can offer guidance on many topics including cash flow management, insurance management and education funding. The financial advisory team includes certified public accountants (CPAs). 

The firm requires a minimum account size of $500,000. Private Advisory Group works with the following types of clients: 

Some of the firm’s advisors are licensed insurance agents. When they sell insurance products to Private Advisory Group clients, they may earn commissions from the companies that provide these products. These comissions are in addition to the advisory fees they charge to clients. This arrangement may create conflicts of interest. That said, as an investment advisor registered with the Securities and Exchange Commission (SEC), the firm and its advisors have a fiduciary duty always to work in the best interests of clients. 

Private Advisory Group Background

Private Advisory Group became a registered investment advisor (RIA) in 2014. In addition to the advisors on staff, the firm may recommend an independent advisor. Fee arrangements vary, so you should carefully review any advisor’s supplement brochure before signing on with them.  

Bean Holdings, LLC, a Washington limited liability company, owns approximately 96% of Private Advisory Group. In turn, CEO Chris Bean and Chief Investment Strategist Douglas Bean own most of Bean Holdings. The Beans have been managing Private Advisory Group since its founding.

Private Advisory Group offers ongoing management of client assets based on the individual’s needs. Its advisors can also offer advice on such topics as: 

  • Tax and estate planning
  • Insurance review
  • Education funding
  • Retirement planning
  • Cash flow management 

Private Advisory Group Investing Philosophy

Private Advisory Group creates a portfolio asset allocation unique to each client. It analyzes several factors such as the client’s risk profile, objectives, time horizon and liquidity needs. Generally, portfolios are made up of equities, fixed income and alternative investments. The neutral position allocates a third of a portfolio to each asset class, and adjustments are made according to the client's profile.

Over time, the investment team will review this asset allocation and make changes if deemed appropriate based on the client’s evolving financial situation and overall market conditions. This is called rebalancing.

Joslin Capital Advisors

Joslin Capital Advisors is a fee-based advisory firm that works with individuals, high-net-worth individuals, non-profit organizations, businesses and 401(k) plans. As a fee-based firm, its advisors may earn commissions from the sale of certain securities. This could create a potential conflict of interest but the firm and its advisors must abide by their fiduciary duty to put the needs of each client first. 

There is no minimum account size requirement to work with the firm. The services offered include: 

  • Investment planning
  • Retirement planning
  • Tax planning
  • Estate planning
  • Debt reduction
  • Education planning
  • Philanthropic planning

Joslin Capital Advisors Background

The firm was founded in 2017 by Mike Joslin, who serves as CEO and Senior Client Advisor today. The firm now has three advisors who collectively have nearly $450 million in assets under management. 

Joslin Capital Advisors Investing Philosophy

Joslin Capital Advisors believes in a long-term and balanced investment approach to investing for its clients' portfolios. A typical portfolio could include stocks, bonds, real estate and cash. In addition to that core approach, a client portfolio may also have some of these investments: 

  • Mutual funds
  • Exchange-traded funds (ETFs)
  • Publically traded securities
  • Corporate debt securities
  • Certificates of deposit (CDs)
  • Municipals
  • U.S. government securities 

 

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.