Finding a Top Financial Advisor Firm in Sandy, Utah
Looking for a financial advisor in Sandy, Utah? We've done the research so you don't have to. Take a look through each firm's advisory services, investment minimums, investing strategies, advisory certifications and more. If you're still unsure of who to go with, try using SmartAsset's free financial advisor matching tool to connect with up to three advisors in your area.
|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||Capita Financial Network, LLC Find an Advisor||$822,182,373||No set account minimum|| || |
Minimum AssetsNo set account minimum
|2||Net Worth Advisory Group, LLC Find an Advisor||$498,877,113||$100,000|| || |
|3||Elevated Capital Advisors, LLC Find an Advisor||$287,399,209||$10,000|| || |
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How We Found the Top Financial Advisors in Sandy, Utah
To find the top financial advisors in Sandy, Utah, 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:
Capita Financial Network, LLC
Capita Financial Network takes the top spot on our Sandy list. This firm's client base is comprised solely of individuals. Most of them are below the high-net-worth threshold, but the firm does maintain high-net-worth individual accounts, as well. There are no minimum account size requirements here.
This is a fee-based firm, so there is the potential for a conflict of interest due to the fact that some advisors can receive commissions from the sale of insurance products to clients. Regardless, the firm abides by fiduciary duty, legally binding it to act with your best interest in mind at all times.
Capita Financial Network Background
Michael Littledike founded Capita Financial Network in 2018, making it the youngest firm on our list. The principal owner of the firm is MBL Financial, LLC which is owned by Michael and Britney Littledike.
The firm mainly provides wealth management, investment management and financial planning services to retirees and people looking to plan ahead for their retirement. Capita does not offer a wrap-fee program and manages all assets on a discretionary basis.
Capita Financial Network Investment Strategy
Through separately managed accounts (SMAs), Capita Financial Network provides investment strategies to clients that fit their long-term objectives. Advisors review and rebalance portfolios on a regular basis in accordance with the changing needs of clients. In order to pursue the strongest possible returns, advisors select model portfolios or other asset management services that best fit with clients' needs.
The firm's methods of analysis revolve mostly around comparisons to applicable benchmarks, such as standard deviations, beta and portfolio ranges. Advisors typically invest across a range of asset classes, including mutual funds, exchange-traded funds (ETFs), variable annuities, equities and fixed-income securities.
Net Worth Advisory Group, LLC
Net Worth Advisory Group takes the next spot on our list. The firm only works with individuals, of whom about a quarter are individuals with a high net worth. Seven of the firm's advisors are certified financial planners (CFPs). If you're looking to become a client, make sure you have at least $100,000 in investable assets.
As a fee-only firm, Net Worth Advisory Group only receives fees directly from clients themselves. This is markedly different from a fee-based firm, which can also receive commissions and other forms of third-party compensation.
Net Worth Advisory Group Background
Net Worth Advisory Group was founded in 2003 by managing partner Ray E. LeVitre, who also acts as principal owner of the firm with David W. Swapp and Gregory Simmons. LeVitre has been working in the wealth management sphere since 1995, and he's published three financial planning books.
Net Worth provides a range of advisory services that include financial planning and investment portfolio advising. The firm helps clients plan for retirement, plan an estate, evaluate their insurance situation, plan for education needs and more. The firm manages money on both a discretionary and non-discretionary basis, so some clients grant Net Worth Advisory Group full control or discretion over their accounts, while others want the final say on how their accounts are managed.
Net Worth Advisory Group Investment Strategy
As is the case with many firms, Net Worth Advisory Group fits its investment strategies to whatever the client is looking for. This involves advisors taking note of clients' preferences in regards to their risk tolerance, investment objectives and ultimate financial goals. Investment strategies usually entail the development of a comprehensive financial plan to further help clients meet their goals. Accounts typically comprise of a combination of mutual funds, exchange-traded funds (ETFs), equities, bonds and annuities.
Elevated Capital Advisors, LLC
The last firm to qualify for our list is Elevated Capital Advisors. The financial advisors who work here have advisory certifications including the retirement income certified professional (RICP), certified financial planner (CFP) and accredited financial counselor (AFC) designations.
The only type of clients that Elevated Capital works with are individuals, the vast majority of whom do not have a high net worth. The firm has a $10,000 account minimum.
Certain advisors at this firm can sell insurance products for a commission, which makes Elevated Capital a fee-based advisory operation. This policy presents a potential conflict of interest, but it's important to remember that the firm's fiduciary duty legally obligates it to act in the best interests of its clients.
Elevated Capital also has offices in St. George, Utah, as well as Boise, Idaho, and Prairie Village, Kansas.
Elevated Capital Advisors Background
Elevated Capital Advisors is one of the younger firms on our list, as it was established in 2015. Co-founder Sean Lee owns half of the firm's shares through his company SPL Financial, Inc., while co-founder Scott Dougan owns the other half through his own business, Global Plains.
This firm provides asset management services to clients, along with a variety of financial planning offerings. Financial planning typically entails retirement planning, insurance planning, college fund planning, estate planning, asset allocation and more. The firm also publishes newsletters and conducts occasional educational workshops.
Elevated Capital Advisors Investment Strategy
Each client relationship at Elevated Capital Advisors begins with a written agreement that details the investment objectives that the client would like to pursue. To reach these goals, advisors provide ongoing portfolio management, including monitoring and rebalancing. Through these services, the firm will reevaluate how your changing financial situation, investment objectives, time horizon and risk tolerance could affect your portfolio plans.
Investment strategies at this firm can incorporate a variety of securities, including mutual funds, exchange-traded funds (ETFs), debt securities, commerical paper and certificates of deposit (CDs). When evaluating potential investments, Elevated Capital's team uses fundamental and technical methods of analysis, which are informed by research materials taken from a plethora of private and public sources.