Finding a Top Financial Advisor Firm in San Jose, California
If you're searching for financial advisors in your area, it's easy to get overwhelmed by the number of options. To make the search easier, SmartAsset created this list of the top financial advisory firms serving San Jose, California. Reference the tables and reviews below to find out each firm’s account minimum, fees, investing style and more. As an alternative, SmartAsset’s financial advisor matching tool can connect you with financial advisors who serve your area.
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|Werba Rubin Papier Wealth Management, LLC Find an Advisor
|Silicon Valley Capital Partners, LP Find an Advisor
|No required minimum
Minimum AssetsNo required minimum
|Silicon Valley Wealth Advisors, LLC Find an Advisor
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|Concentrum Wealth Management Find an Advisor
|No set account minimum
Minimum AssetsNo set account minimum
|BetterWealth, LLC Find an Advisor
|No set account minimum
Minimum AssetsNo set account minimum
|Clarity Wealth Advisors Find an Advisor
|Legacy Wealth Advisors, LLC Find an Advisor
|TTP Investments, Inc. Find an Advisor
|No set account minimum
Minimum AssetsNo set account minimum
|Parkworth Wealth Management, Inc. Find an Advisor
|DWR Wealth Management, LLC Find an Advisor
What We Use in Our Methodology
To find the top financial advisors in San Jose, 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:
- AUMFirms with more total assets under management are ranked higher.
- Individual Client CountFirms who serve more individual clients (as opposed to institutional clients) are ranked higher.
- Clients Per AdvisorFirms with a lower ratio of clients per financial advisor are ranked higher.
- Age of FirmFirms that have been in business longer are ranked higher.
All information is obtained through public records and is updated annually after the firms’ form ADV filing. 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. SmartAsset is not a client of the aforementioned firms, and did not receive compensation for including any of the firms on the aforementioned list.
Werba Rubin Papier Wealth Management, LLC
Werba Rubin Papier Wealth Management (WRP) is up next on our list of San Jose's top financial advisory firms. A fee-only firm, WRP works with high-net-worth and non-high-net-worth individuals and families.
The firm has advisors who hold the designations of certified financial planners (CFPs) and 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, though this requirement is waivable.
Werba Rubin Papier Wealth Management Background
This firm was founded in 2006. However, because of multiple name changes over the years, 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.
Services available include investment consulting, tax planning, income/asset protection, retirement and estate planning, education cost planning, trust creation, IPO stock options planning, philanthropic giving and business succession planning.
WRP also offers supplementary market content, such as newsletters and educational workshops. These are designed to enhance your investing knowledge to give you greater control over your finances.
Werba Rubin Papier Wealth Management Investment Strategy
Werba Rubin Papier Wealth Management 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 about 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.
WRP's investment recommendations are generally designed as long-term strategies. Most clients participate in one of four services sponsored by Buckingham Strategic Partners, LLC. These portfolio allocation services invest in various no-load, asset-class mutual funds, as well as individual stocks and bonds.
Silicon Valley Capital Partners, LP
Silicon Valley Capital Partners has one of the simplest fee structures on this list, as its fees are solely charged as a percentage of clients' assets under management (AUM). This is one of the many reasons it takes our top spot. The firm does not require a set account minimum. However, approximately two-thirds of the firm’s clients are high-net-worth individuals. Individuals without a high net worth, businesses and retirement plans make up the rest 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 takes a comprehensive and lifestyle-based approach, as it believes this will provide the most complete picture of a client’s financial life.
Its advisory team includes one certified financial planner (CFP).
Silicon Valley Capital Partners Background
Christopher Combs, portfolio strategy officer, founded Silicon Valley Capital Partners in 2003. Combs, who remains the sole owner of the firm, has more than 35 years of experience in the financial services industry.
Clients who join this firm can take advantage of many different types of financial management offerings, including:
- 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 Investment Strategy
Silicon Valley Capital Partners has built its own research platform called Where Are We Now 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, certificates of deposit (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.
Silicon Valley Wealth Advisors, LLC
Silicon Valley Wealth Advisors primarily works with non-high-net-worth and high-net-worth individuals, as well as a small number of pensions, profit-sharing plans and charitable organizations.
This fee-only firm generally requires clients to have at least $500,000 in investable assets. A socially responsible investing (SRI) focus is available through this firm. In turn, it uses environmental, social and governmental (ESG) factors to make certain investment decisions. There are four certified financial planners (CFPs) on staff.
Silicon Valley Wealth Advisors Background
Silicon Valley Wealth Advisors was founded in 1991 as Weil Capital Management. Its name changed to Lasecke Weil Wealth Advisory Group, LLC in 2005, and then to its current name in 2013. The firm is owned by Lasecke Enterprises, LLC, which is owned by the firm's managing partner Tracy Lasecke, as well as Chris Duke and Scott Ponder, two senior wealth managers at the firm.
The firm offers asset management and financial planning that may touch on a variety of topics, including:
- Cash flow management
- Estate planning
- Insurance review
- Tax minimization
- College planning
- 401(k) plans for businesses
Silicon Valley Wealth Advisors Investment Strategy
Silicon Valley Wealth Advisors strives to avoid 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 needs.
The firm generally recommends institutional-class stock mutual funds with low annual expense ratios and low transactional costs. Silicon Valley Wealth Advisors may also recommend ETFs, low-cost bond funds, individual fixed income securities and other securities.
Concentrum Wealth Management
Concentrum Wealth Management does not require a minimum account size. It primarily serves individuals without a high net worth, though its client base also includes high-net-worth individuals, pension and profit-sharing plans and various types of businesses. The firm has four certified financial planners (CFPs) and two certified divorce financial analysts (CDFAs) on staff.
This firm’s advisors may earn commissions from selling certain insurance policies and securities, making Concentrum a fee-based firm. But because this firm is a fiduciary, it must always act in your best interest, no matter what.
Concentrum Wealth Management Background
Managing partners and brothers Jeffery and Jay Fong founded Concentrum Wealth Management in 2013. The duo has nearly 50 years of combined experience working 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, as well as debt and mortgage evaluation services. For businesses and corporations, the firm offers tax planning, investment planning and general financial planning.
Concentrum Wealth Management Investment Strategy
Concentrum Wealth Management may use a variety of investment strategies, including long-term purchases (buying security and holding it for more than a year), short-term purchases (holding a security for less than a year) and trading (selling a security within 30 days of its purchase). The firm may also engage in short sales, margin transactions and option writing.
BetterWealth 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, as well as pension and profit-sharing plans.
There is no minimum investment needed to open an account with this firm. However, its clients typically have a net worth between $1 million and $25 million.
The BetterWealth team includes some certified financial planners (CFPs) and accredited investment fiduciaries (AIF).
Formed in 2015, BetterWealth is one of the newer financial advisory firms on this list. 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. Stauffer, who founded the firm, has been in the personal finance industry for 20 years.
BetterWealth can help clients with investment and retirement planning, estate planning, real estate analysis, corporate and personal tax planning, lines of credit evaluation, philanthropic planning, mortgage/debt analysis and more.
BetterWealth Investment Strategy
BetterWealth clients typically have long-term investment perspectives of at least five to seven years. A client's risk tolerance and time horizon are determining factors in their portfolio, which may consist of some combination of individual stocks, bonds, ETFs, options, mutual funds and other securities.
While the firm generally adheres to long-term strategies, it will also purchase certain securities for shorter-term needs from time to time. "For example, when harvesting tax losses, our firm will generally purchase replacement funds that are similar to a client’s portfolio funds and hold them for 31 days to avoid wash sales rules. The original funds are usually then repurchased," the firm says in its brochure.
Clarity Wealth Advisors
Clarity Wealth Advisors 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. It does have some individual clients with less than high net worth, though.
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 certain insurance products or securities. However, fiduciary duty requires this firm and its advisors to always act in clients' best interests, no matter what.
Clarity Wealth Advisors Background
Clarity Wealth Advisors is principally owned by managing partner Parvin Manuchehri and managing director Milind Dalal. The firm has been working with clients since 2011.
Clarity Wealth Advisors offers services that include investment management, income tax planning, retirement planning, insurance analysis, estate planning, education funding, cash flow management, debt management and more. It also provides pension consulting services, which involve advising pension plan sponsors on how to choose investment options, educating their plan participants and providing consistent plan reviews.
Clarity Wealth Advisors Investment Strategy
Clarity Wealth Advisors builds client portfolios based on clients’ unique objectives and two types of investment analysis. The firm uses both fundamental and technical analysis to 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.
Depending on a client's needs, the firm may create a custom portfolio or invest the client's assets in one or more model strategies. These model portfolios may be built in-house or offered through third-party managers. "In either case, we will monitor your portfolio's performance on an ongoing basis, and will rebalance the portfolio as required by changes in market conditions and in your financial circumstances," the firm states in its brochure.
Legacy Wealth Advisors, LLC
Legacy Wealth Advisors, a fee-only firm, has the best client-per-advisor ratio of any company on our list. With its hefty $2 million account minimum, Legacy works with twice as many high-net-worth individuals as it does individuals who fall short of the high-net-worth threshold.
The Legacy team features a number of accredited professionals, including certified public accountants (CPAs), personal financial specialists (PFSs), chartered financial analysts (CFA) and certified financial planners (CFP). As a fee-only firm, Legacy does not sell third-party financial products on a commission basis. Instead, its revenue comes solely from the fees that clients pay.
Legacy Wealth Advisors Background
Founded in 2000, Legacy Wealth Advisors is principally owned by its president and chief investment officer Edwin Ryu. In addition to more than 25 years of experience as a wealth advisor, Ryu also holds the CPA and PFS designations.
Legacy Wealth Advisors works with clients in a variety of areas, including portfolio management, cash flow analysis, retirement planning, education funding, income tax strategies, risk management, estate tax planning and charitable giving.
Legacy Wealth Advisors Investment Strategy
Before investing a client's money, the firm conducts what it calls "an extensive discovery process" that includes interviews with the client and questionnaires. Legacy especially focuses on identifying the client's risk tolerance and return expectations.
From there, the firm may invest in a variety of areas, including real estate, healthcare and biotech, and use passive index strategies, active alpha-generating strategies, as well as tax-efficient strategies.
Legacy may recommend target asset allocation paired with tactical asset allocation, "which allows for clients to occasionally engage in short-term deviations from their original asset mix in order to capitalize on the advantageous market and economic conditions that are more favorable for one asset class than for others," the firm states in its brochure.
TTP Investments, Inc.
TTP Investments is a fee-only firm, and it does not have any minimum investment requirements for new clients. In turn, its client base is primarily composed of individuals without a high net worth. However, the firm also works with high-net-worth individuals and one charitable organization.
The firm's advisory staff does not hold any certifications, such as certified financial planner (CFP) or chartered financial analyst (CFA).
TTP Investments Background
TTP Investments is a relatively young firm, having been established in 2016. The firm is under the ownership of its CEO and founder, Harris Willner. Willner holds an MBA in financial planning from Golden Gate University.
TTP offers a selection of asset management services that include helping clients invest their money through a series of different portfolio strategies developed by the firm. Its financial planning offerings can cover topics like retirement, capital accumulation, investment and property management, tax avoidance and more.
TTP Investments Investment Strategy
TTP Investments has four main investment strategies that it uses to invest in clients' assets. They are each based on a specific risk tolerance profile, ranging from conservative to aggressive. Here's a breakdown of each:
- Conservative Risk Tolerance: This strategy is meant for clients who want liquidity but want better returns than what a bank can offer. Therefore, this strategy generally invests in bonds, but may also invest in blue-chip dividend-paying common stocks.
- Balanced Risk Tolerance: This is designed for risk-averse clients who are either in retirement or approaching it. The portfolio aims to provide income too, so it incorporates dividend-paying domestic equities and corporate bonds.
- Growth Risk Tolerance: This strategy is intended for clients who are still a few years off of retirement. For starters, the firm will review various market sectors and buy into those with the strongest momentum. Then, depending on how these sectors perform, the firm will review your portfolio and make as many changes as is necessary.
- Aggressive Risk Tolerance: In most cases, this strategy is reserved for accredited investors who can handle a substantial amount of risk. The firm will make sure only a small portion of your overall assets are being used for this type of strategy.
Parkworth Wealth Management
Parkworth Wealth Management caters to a diverse range of clients including families and individuals, pension and profit-sharing plans, trusts, estates, and charitable organizations. While the document does not specify a minimum account size, it does mention a minimum initial planning fee of $3,000 for their financial planning and investment management services, which can be adjusted based on the client's specific needs and circumstances.
The firm offers a comprehensive range of services to meet the financial needs of its clients. These services include financial planning, investment management, needs analysis, financial goals definition and assessment, cash flow analysis, financial statement preparation, tax planning, retirement planning, estate planning, charitable planning, education planning and risk management.
Parkworth Wealth Management Background
Parkworth Wealth Management was founded in 2005. The firm is solely owned by Bruce R. Barton, who holds the certifications of certified financial planner (CFP) and chartered financial analyst (CFA). The firm's three advisors manage more than $127 million in assets under management (AUM), collectively.
Parkworth Wealth Management Investment Strategy
The firm's investment strategies revolve around asset-class investing. This approach involves grouping investments with similar characteristics and combining them in different proportions to create portfolios. The firm also emphasizes the use of broadly diversified, passively managed investments such as exchange-traded funds and index mutual funds.?
When working with clients, Parkworth takes into account several common client investor characteristics. These include the client's capacity and willingness to bear risk, their current financial situation and objectives, as well as their future commitments such as retirement, education and charitable goals.
DWR Wealth Management, LLC
DWR Wealth Management is a fee-only firm that primarily serves high-net-worth individuals and companies with 401(k) retirement plans. The firm generally requires clients to maintain $250,000 under management with them, but they have the discretion to waive that minimum requirement. This firm offers a wide range of services to cater to the diverse financial needs of its clients. Their services include retirement plan services, financial planning and consulting services.
DWR Wealth Management Background
DWR Wealth Management was established in 2005. The firm is owned by multiple owners, including David Rex Rousselot, Ricky D. Dunham, and Tracy L. Newquist. The firm's three advisors, collectively, manage more than $130 million in assets under management (AUM).
DWR Wealth Management Investment Strategy
DWR Wealth Management implements a range of investment strategies that are based on the principles of asset allocation models derived from modern portfolio theory. These models span from conservative balanced to pure equity, ensuring a well-diversified approach to mitigate risks. The firm primarily recommends registered funds and ETFs, with a particular focus on investment-grade bonds.??
In addition to these recommendations, DWR also incorporates riskier mutual funds and ETFs into their investment strategies. These include U.S. and international small capitalization and small capitalization value funds, emerging markets funds, commodity futures funds, alternative lending securities funds, reinsurance funds, managed futures funds and funds holding currencies.?