Finding a Top Financial Advisor Firm in San Jose, California
Industry jargon and the sheer volume financial advisors in your area can make it tough to find the right financial advisor for you. To make the search easier, SmartAsset dedicated hours of research to creating this list of the top financial advisor firms in San Jose, California. Reference the tables and reviews below to find out each firm’s account minimum, fees, investing style and more. SmartAsset’s financial advisor matching tool can further tailor this process by matching you with nearby financial advisors after you answer a few questions.
How We Found the Top Financial Advisor Firms in San Jose, California
San Jose, California financial advisor firms that are registered with the U.S. Securities and Exchange Commission (SEC) were the only firms given the opportunity to appear on this list. All SEC-registered firms are fiduciaries, which means they’re bound by fiduciary duty to act in clients’ best interests at all times. Any firms that didn’t have financial planners on staff, didn’t manage individual accounts or had disciplinary issues on record were taken out of contention. The remaining firms are listed below in order of the most assets under management (AUM) to the least.
Werba Rubin Papier Wealth Management, LLC
Werba Rubin Papier Wealth Management, LLC is a fee-based financial advisor firm that works strictly with individuals, families, estates and businesses. The firm has two certified financial planners (CFPs) and two certified public accountants (CPAs) on staff.
To open an account with this firm, you will need to have a minimum of $500,000 in investable assets. The majority of the individuals and families the firm serves have high net worths.
Werba Rubin Papier Wealth Management also offers supplementary market content, such as newsletters and educational workshops. These are meant to make you as knowledgeable about investing as possible to give you greater control over your finances.
Advisors at this firm may offer you insurance and may earn commissions from such sales. However the firm is bound by fiduciary duty, meaning it must act in your best interest at all times.
Werba Rubin Papier Wealth Management, LLC Background
This firm was founded in 2006. However, because of multiple name changes, it has been named Werba Rubin Papier Wealth Management, LLC since just 2017. The firm is independently owned by managing members Alan Werba, Aaron Rubin and Jason Papier. Papier also owns the No. 9 firm on this list, Fluent Wealth Partners.
Services available include investment consulting, tax planning, income/asset protection, retirement and estate planning, education cost planning, trust creation, philanthropic giving and business succession planning.
Werba Rubin Papier Wealth Management, LLC Client Experience
Werba Rubin Papier Wealth Management, LLC goes through a clear-cut procedure to ensure your account is optimized to your needs and desires. This process begins with a discovery meeting, during which the firm learns your priorities and your risk tolerance. Once the aforementioned factors are established, an investment plan is created and presented to you at a personal meeting.
Before moving forward, your advisor will make sure to explain your plan in detail and give you the option to agree to it. If you do, the plan is implemented and a 45-day check-up meeting is scheduled. The firm consistently reviews your portfolio’s performance and makes changes if necessary.
Silicon Valley Wealth Advisors, LLC
Essentially the entire client base of Silicon Valley Wealth Advisors, LLC have high net worths. This might be surprising given the fee-only firm’s $200,000 account minimum. That’s the second-lowest set minimum on this list, behind just C-J Advisory, Inc (the No. 7 firm).
Silicon Valley Wealth Advisors lists very specifically the types of clients that it is best equipped to serve. This list consists of experienced professionals, parents of children who will need college funding, those nearing retirement, anyone giving financial support to aging parents and divorcees and widows.
Socially responsible investing is a major focus of this firm. It uses environmental, social and governmental (ESG) factors to make investment decisions. There are three certified financial planners (CFPs) on staff.
Silicon Valley Wealth Advisors, LLC Background
Silicon Valley Wealth Advisors, LLC is not owned and operated independently. It’s principally owned by Lasecke Enterprises, LLC, a holding company. The firm’s six-man advisory team has accrued an average of more than 12 years of experience in asset management.
Financial planning, retirement plan creation and portfolio management are the three foundations of this firm’s services. These offerings may include:
- Cash flow management
- Estate planning
- Insurance review
- Tax minimization
- College planning
- 401(k) plans for businesses
Silicon Valley Wealth Advisors, LLC Investing Strategy
Silicon Valley Wealth Advisors, LLC claims that it values avoiding a “one-size-fits-all” approach. Your advisor will work with you to identify your risk tolerance and financial goals. The firm then uses this information to form a portfolio with a specific asset allocation that fits your desires.
Exchange-traded funds (ETFs), bonds and fixed-income securities are some of the most common investments this firm uses. The firm opts for these investment types as they tend to be lower cost than many options.
Silicon Valley Capital Partners, LP
Silicon Valley Capital Partners, LP has the simplest fee structure on this list, as it’s the only firm that solely charges a percentage of assets under management (AUM). The firm does not require a set account minimum. However, approximately two-thirds of the firm’s clients are high-net-worth individuals. Individuals, businesses, charitable foundations and trusts make up the majority of the firm’s client base.
This fee-only firm is known for its all-encompassing takes on topics like risk tolerance, investment research and financial planning. It claims to take an extremely holistic and lifestyle-based approach, as it believes this will provide the most complete picture of a client’s financial life.
Silicon Valley Capital Partners, LP Background
Christopher Combs, portfolio strategy officer, founded Silicon Valley Capital Partners, LP in 2003. He is still the sole owner of the firm. Combs is also the firm’s only advisor, and he has 33 years of experience in the financial services industry.
Clients who join this firm can take advantage of many different types of financial management. This includes:
- Business planning
- Cash-flow forecasting
- Asset allocation
- Retirement planning
- Estate planning
- Financial reporting
- Investment consulting
- Insurance needs analysis
- Retirement plan analysis
- Charitable giving
- Risk management
- Distribution planning
Silicon Valley Capital Partners, LP Investment Research
Silicon Valley Capital Partners, LP has built its own research platform to help manage risk for its clients. The firm’s tools take into account the typical past performance of an investment, while also projecting how the investment and related market areas will likely perform in the future.
The firm typically uses exchange-traded funds (ETFs), mutual funds, stocks, individual bonds, CDs and bond ETFs. How your assets are allocated between these various investment types is completely determined by your specified liquidity needs, risk tolerance and time horizon.
Retirement Capital Strategies, Inc.
Retirement Capital Strategies, Inc. works with various types of clients, including individuals, businesses, charitable organizations and trusts and estates. However, the firm has a two focus areas that separate it from the average firm: financial planning for women and divorce planning. Free consultations are available for anyone interested in working with the firm.
For every high-net-worth individual that this fee-based firm manages, it serves nearly 10 individuals. The firm has no account minimum. There are two certified financial planners (CFPs) on staff.
Advisors of this firm might offer you insurance policies to supplement your portfolio, and your advisor may earn commissions from sales. You are under no obligation to accept. Moreover, the firm is a fiduciary, legally obligating it to act in your best financial interest at all times.
Retirement Capital Strategies, Inc. Background
CEO Thomas Vaughan and financial advisor Michael Philipp are co-owners of Retirement Capital Strategies, Inc. Vaughan is the majority owner. Although the firm has been around since just 2005, its team of advisors have managed portfolios for an average of 28 years.
This firm offers services centered around retirement planning and long-term investment management. For clients focused on retirement planning, the firm offers healthcare planning, insurance evaluation and discretionary expense planning.
Retirement Capital Strategies, Inc. Investing Strategy
Although Retirement Capital Strategies, Inc. generally recommends long-term investing to its clients, it uses short-term investments to satisfy clients’ liquidity needs. Your stated time horizon will inform exactly how the firm builds your portfolio.
In an attempt to take advantage of rapid spikes in the market, your advisor may use another investment strategy called trading. This involves buying and selling investments during 30-day windows, emphasizing the purchase of growing securities and the selling of those that are dipping.
But as an overall theme, this firm ultimately looks to marry your prescribed risk tolerance with a proportionate amount of financial return. This is done regardless of whether you want slow and steady progress or quick and riskier expansion.
Clarity Wealth Advisors, LLC
Clarity Wealth Advisors, LLC says that it strives to help all of its clients reach financial independence. The firm believes that through “defined investment objectives, a thoughtful plan and a well-constructed implementation strategy” it can accomplish this goal for its largely high-net-worth client base.
At least $500,000 is needed to open an advisory account with this fee-based firm. There is one certified financial planner (CFP) on staff.
Advisors at this firm may earn commissions from selling proprietary insurances. However, fiduciary duty requires this firm and its advisors to act in your best interest.
Clarity Wealth Advisors, LLC Background
Clarity Wealth Advisors, LLC is independently owned, with managing partner Parvin Manuchehri and managing director Milind Dalal serving as the principals. The firm has been working with clients since 2011.
Clarity Wealth Advisors offers investment management, tax minimization, retirement planning, debt planning and higher education planning. It also provides pension consulting services, which involves advising pension plan sponsors on how to choose investment options, educate their plan participants and provide consistent plan reviews.
Clarity Wealth Advisors, LLC Investing Strategy
Clarity Wealth Advisors, LLC builds client portfolios based on four different styles of investment analysis and clients’ unique objectives. The types of analysis that the firm uses include charting, technical, fundamental and cyclical analysis.
Combined, these four types of analysis will provide a snapshot of how a particular investment has performed in the past, how it’s currently performing and whether the market it’s in is projected to do well. This information is then applied within the context of your stated time horizon and risk tolerance. The firm emphasizes diversification, and it will rebalance as needed.
The firm prioritizes clear communication with its clients. As a client, you’ll receive monthly commentary and in-depth quarterly newsletters on how the market is performing and what it means for your account. If the market becomes especially turbulent at any point, you’ll receive an update on how the firm will adjust its strategy to meet the changing landscape.
Concentrum Wealth Management
Concentrum Wealth Management does not require a minimum account size. It primarily serves individuals, though its client base also includes high-net-worth individuals. The firm has three certified financial planners (CFPs) on staff.
The firm’s advisors may earn commissions from selling certain insurance policies and securities. But because this firm is a fiduciary, it must always act in your best interest.
Concentrum Wealth Management Background
Managing partners and brothers Jeffery and Jay Fong founded Concentrum Wealth Management in 2013. This is the second-youngest firm on this list, behind only Betterwealth, LLC. The duo have spent a combined 40 years in the financial services industry.
The firm most commonly serves individuals and businesses, and its services reflect that. For individuals, the firm offers retirement planning, estate planning, college planning, tax mitigation, insurance analysis, charitable giving planning and debt and mortgage evaluation services. For businesses and corporations, the firm offers tax planning, investment planning and general financial planning.
While this firm offers many traditional advisory services, what it’s really known for its its program called Radius. This program was developed for investors who essentially already oversee their own assets, but simply need some help investing. Radius clients have access to the platform that the firm uses to build portfolios. They don’t pay any transaction, rebalancing or trade fees or there’s no minimum required to take advantage of tax-loss harvesting.
Concentrum Wealth Management Investing Strategy
Concentrum Wealth Management focuses on mid- to long-term investing, as it thinks these strategies will most effectively drive portfolio growth.
The firm typically invests its clients’ assets in exchange-traded funds (ETFs) and other index funds, exchange-traded notes (ETNs), securities and mutual funds. These investment types reflect the firm’s emphasis on diversification, which the firm believes is crucial for long-term accounts.
C-J Advisory, Inc.
C-J Advisory, Inc. says that its ideal client is committed, patient, responsive and open-minded. The firm prefers prospective clients with $1 million in investable assets; however, its actual account minimum is set at $25,000. More than three-quarters of the firm’s clients are high-net-worth individuals.
The fee-based firm has an accredited investment fiduciary (AIF), a certified financial planner (CFP), a certified long-term care advisor (CLTC) and a qualified retirement plan consultant (QRPC) on staff. The firm’s advisors sell insurance products, and they may earn commissions from sales. The firm is a fiduciary though, which means its advisors must act in clients’ best financial interests at all times.
C-J Advisory, Inc. Background
Investor Kevin VanDyke currently owns 100% percent of C-J Advisory, Inc. President Veda Cassells-Jones runs the firm on a day-to-day basis. Established in 1980, this is the oldest firm on this list by a decade.
The firm offers both consultations and advisory relationships. Its services include:
- Financial objective determination
- Retirement planning
- Education funding
- Tax planning
- Cash flow management
- Estate planning
- Insurance review
C-J Advisory, Inc. Investing Strategy
C-J Advisory, Inc. believes that in order to achieve your financial goals, it’s important to first take an all-encompassing look at your financial life. To get a clear picture of your finances, this firm requires clients to fill out a detailed cash flow statement. This informs your advisor of how you spend your money, and it also identifies your liquidity needs, which influence how your money will be invested.
C-J Advisory primarily invests its clients’ assets in exchange-traded funds (ETFs) and passively managed index funds. However, actively managed funds, which have grown in popularity in recent years, are also part of the firm’s overall investment strategy. Actively managed funds are used to supplement the aforementioned investments and are diversified across global markets to minimize risk.
Wealth Design, LLC
Wealth Design, LLC’s $1 million account minimum is the highest of any firm on this list. Surprisingly, the firm’s client base is split between individuals and high-net-worth individuals.
Managing partner Gene Ka is the sole financial advisor to every client that comes through this firm’s doors. Ka is a certified private wealth advisor (CPWA).
The fee-based firm’s advisors sell insurance policies. Though they may earn commissions from sales, the firm must always act in your best interest as a fiduciary.
Wealth Design, LLC Background
Wealth Design, LLC was created in 2001. The firm’s founder, Gene Ka, has 27 years of experience in financial management. He serves as the principal financial counsel for all of the firm’s clients
The firm offers retirement planning, charitable giving, tax planning and minimization and education planning. Those who are looking for a more hands-off approach focused on wealth preservation can open a risk management account for asset, income and lifestyle protection. Wealth Design, LLC also manages goal-based accounts, which are designed to help clients achieve a specific objective.
Wealth Design, LLC Client Experience
Wealth Design, LLC uses the same portfolio creation process for all of its account types. First, you’ll be asked to talk to your advisor about what your wealth means to you and your family. Using this conversation as a starting point, you and your advisor will determine how this relates to your current financial situation and your long-term financial goals.
Once this is clear, the firm will work on creating a financial roadmap. The firm will run its financial models at this point to determine how best to use various mainstream and alternative investment strategies in your portfolio. As soon the plan has been in place for long enough to actually review, your advisor will update you on how attainable your goals appear to be.
Fluent Wealth Partners
Conservativity governs the investment choices that Fluent Wealth Partners makes for its clients. In other words, the firm believes its main job is to preserve its clients’ assets. For those who want more than wealth preservation, the firm also prioritizes long-term financial growth. Fluent Wealth Partners is a fee-only firm, with just a single certified financial planner (CFP) on staff.
Fluent Wealth Partners requires an account minimum of at least $500,000. It most commonly works with high-net-worth individuals and their families, businesses, foundations, pension and profit-sharing plans and their participants and those with trusts.
Fluent Wealth Partners Background
Fluent Wealth Partners was formed in 2008 by Jason Papier, who is the firm’s principal owner and president. This isn’t the only firm that Papier holds a stake in. He is also one of three owners of Werba Rubin Papier Wealth Management, LLC, the No. 1 firm on this list.
The advisory team at this firm average more than 21 years in asset management and financial planning. Through Fluent, you can have your retirement and estate planned out, insurance policies reviewed and taxes strategically minimized. The firm will also help with planning for college funding.
Fluent Wealth Partners Investing Strategy
Modern portfolio theory is the backbone of Fluent Wealth Partners’ investment philosophy. This theory asserts that if your risk tolerance increases, you ought to see a corresponding and proportionate amount of growth in regards to possible returns. If that statement isn’t true, then, according to the theory, it is ill-advised to increase your risk tolerance.
Your asset allocation is based on your ultimate financial goals, as well as your time horizon and liquidity. The firm typically uses stocks, bonds, mutual funds, private equity and hedge funds.
Betterwealth, LLC is a fee-only financial advisor firm that has experience working with a wide range of clients. Its clients include individuals (both those with high net worths and otherwise), businesses, foundations, charitable organizations, endowments and corporate profit-sharing plans. There is no minimum amount needed to open an account with this firm.
This firm places an emphasis on educating its clients. Principal owner Scott Stauffer has experience in financial education, and the firm also offers a wealth of educational market reports. Each of the three advisors that will work on your portfolio are certified financial planners (CFPs).
Betterwealth, LLC Background
Formed in 2015, Betterwealth, LLC is the most recently founded financial advisor firm on this list. It was founded by Scott Stauffer, who has been in the personal finance industry for 16 years. He was previously a managing partner at the No. 8 firm on this list, Wealth Design, LLC, for almost three years.
The firm offers income tax analysis, retirement forecast analysis, educational funding analysis, estate planning and insurance review available to individuals. Businesses, foundations and other organizations can also take advantage of cash flow and expense review, tax analysis, stock option planning and executive benefits review services.
Betterwealth, LLC Investing Strategy
Betterwealth, LLC claims its investment approach, which emphasizes diversification and disciplined rebalancing, is backed by academic research. The firm actively manages its portfolios and believes that clients’ risk tolerance and time horizon should be determining factors in their portfolios.
Although this firm will take into account your opinions on where your funds are invested, it typically relies on a selection of certain investments. For example, portfolios usually consist of the following investment types: domestic and international fixed income, value stocks, international stocks, small/large company stocks, real estate securities, emerging market stocks and cash equivalents.
Betterwealth, LLC Podcast
Scott Stauffer runs a rather extensive podcast series that comes out with a new episode usually once a month, but sometimes more often than that. The purpose of the series is to educate the firm’s clients and make them smarter in their day-to-day financial journeys.
Most financial advisor firms usually won’t delve any deeper into financial education than a newsletter a few times a year, so a podcast such as this is a rarity. Betterwealth, LLC makes these episodes available for download through its website, and you can access them via the Apple and Android app stores.