Finding a Top Financial Advisor Firm in Scottsdale, Arizona
Although it’s a relatively small city with just under 300,000 people, Scottsdale, Arizona has plenty to offer when it comes to financial advisor firms. To guide you in your search, SmartAsset has created a comprehensive review of the top 10 financial advisor firms in Scottsdale. Below, you can compare each firm’s account minimums, investing strategies and fees to figure out which firm is right for you. To find an individual advisor, use SmartAsset’s financial advisor matching tool, which will pair you up with financial advisors near you based on your needs. For information on every advisor in your area, explore SmartAdvisor Match.
|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||WealthPlan Advisors, LLC Find an Advisor||$1,491,328,400||Varies based on account type|| || |
Minimum AssetsVaries based on account type
|2||Total Investment Management, Inc. Find an Advisor||$1,010,023,110||$600 minimum annual fee|| || |
Minimum Assets$600 minimum annual fee
|3||Householder Group Estate & Retirement Specialists Find an Advisor||$769,992,200||$50,000|| || |
|4||Galvin, Gaustad & Stein, LLC Find an Advisor||$718,098,500||$500,000|| || |
|5||BCJ Capital Management Find an Advisor||$693,000,000||$100,000|| || |
|6||WealthTrust Arizona, LLC Find an Advisor||$436,115,800||$1,000,000|| || |
|7||TMD & Associates, Inc. Find an Advisor||$412,691,000||$750,000|| || |
|8||Foundations Investment Advisors, LLC Find an Advisor||$804,201,395||$5,000|| || |
|9||Capital Insight Partners, LLC Find an Advisor||$399,988,500||No set account minimum|| || |
Minimum AssetsNo set account minimum
|10||Verus Capital Partners, LLC Find an Advisor||$392,702,400||$250,000|| || |
How We Found the Top Financial Advisor Firms in Scottsdale, Arizona
For this list, we considered all financial advisor firms located in Scottsdale, Arizona that are registered with the U.S. Securities and Exchange Commission (SEC). SEC-registered firms are bound by fiduciary duty, which means the firms must act in their clients’ best interests at all times. From that initial list of firms, we eliminated any that did not offer individual accounts, did not offer financial planning or did not have a clean record. Then we ranked the final firms from most assets under management (AUM) to least. The top 10 firms according to AUM appear on this list.
WealthPlan Advisors, LLC
Nearly seven out of every 10 clients that WealthPlan Advisors, LLC has are either an individual with or without a high net worth. The firm also maintains relationships with a wide range of institutional clients, as it works with retirement plans, foundations, charitable organizations, ERISA trusts, businesses and government entities as well. Rather than pose a single minimum investment requirement, WealthPlan calls for the following:
- Individual portfolio management: $500,000 in investable assets
- Retirement plan and institutional consulting services: $10,000 minimum annual fee
The 12-person advisory team at WealthPlan Advisors has a few certifications to its credit. Clients will find four certified financial planners (CFPs), two certified plan fiduciary advisors (CPFAs) and one certified employee benefit specialist (CEBS) at the firm.
As a fee-based operation, some of this firm's employees may earn additional compensation from the sale of certain securities, investment products or insurance policies. This could create a conflict of interest, but the firm does abide by fiduciary duty, legally binding it to act in clients' best interests no matter what.
WealthPlan Advisors, LLC Background
Brothers Scott and Todd Schlappi established WealthPlan Advisors in 2009. The duo has almost 50 years of combined experience in finance. The firm is under the principal ownership of Wealth Management, Inc. and Retirement Plan Advisors, Inc. However, Scott Schlappi and chief compliance officer Rick Horton indirectly own WealthPlan.
WealthPlan Advisors is divided into two sections, with one side focused on individual services and the other on corporate retirement services. Scott Schlappi heads up the corporate retirement offerings and Rick Horton manages the firm's individual clientele.
WealthPlan Advisors, LLC Investing Strategy
The first step to become a client of WealthPlan Advisors is to take part in a rigorous data-gathering process with your new advisor. More specifically, you'll iron out your risk tolerance, time horizon, individual investment objectives and liquidity needs to come up with a clear personal investment policy. Your advisor will then use this information to create an investment plan that will help you get where you want without violating any of your personal specifications. To appease its clients further, WealthPlan will allow you to provide written instructions for how the firm should manage your portfolio, though there are limitations.
Total Investment Management, Inc.
Total Investment Management, Inc. is a fee-based financial advisor firm that serves a niche group: aviation professionals. The firm caters to commercial and military pilots, flight attendants and anyone else with an occupation directly related to flying. Total Investment Management does not require a set account minimum, but rather a $600 minimum annual fee. The firm's clients are mostly non-high-net-worth individuals.
The firm has the most varied combination of advisor certifications on this list. The team includes two certified financial planners (CFPs), a chartered financial analyst (CFA), an accredited investment fiduciary (AIF), a chartered market technician (CMT) and an investment advisor certified compliance professional (IACCP).
This firm offers clients insurance and its advisors may make commissions from these sales. However, Total Investment Management is a fiduciary, so it is legally bound to act in your best interest at all times.
Total Investment Management, Inc. Background
John Edward Foster II and his son, Todd Michael Foster, are the principal owners of Total Investment Management, Inc. The independent firm was initially founded in 1998.
The firm offers three main tiers of investment management: TIM Basic, TIM Portfolio and TIM Premier. The TIM Basic portfolio is intended for clients who have employer-sponsored retirement plans and is centered around mutual funds and exchange-traded funds (ETFs). Far more retirement accounts are covered when you move to the TIM Portfolio, including IRAs, trusts and individual/joint accounts. For TIM Premier members, everything above is included, in addition to quarterly and annual check-in calls from your advisor, insurance analysis, estate planning and Social Security optimization.
Total Investment Management, Inc. Strategy
To determine exactly how it will invest a client’s assets, Total Investment Management, Inc. uses two types of analysis: fundamental analysis and technical analysis. Fundamental analysis refers to a strategic examination of the overall financial health of a company, as well as the market risks that could negatively or positively affect the future of that company. Technical analysis is focused on spotting trends to predict where the market could be headed.
The firm determines your asset allocation mix and diversification in an attempt to satisfy your financial goals within your desired time horizon. The firm actively manages your investments, as it believes this is the best way to find outperforming stocks. Your account will be rebalanced if your allocated assets fall out of their predetermined percentages.
Householder Group Estate & Retirement Specialists
As its name suggests, Householder Group Estate & Retirement Specialists focuses more than most firms on serving retirement-age individuals. Depending on the style of account you want to open, you’ll need anywhere from $15,000 to $250,000 in investable assets to do so. The fee-based firm primarily serves non-high-net-worth individuals.
Advisor certifications at this firm include one certified estate planner (CEP) and one chartered retirement planning counselor (CRPC). You may be offered insurance as part of your advisory package. Even though the firm’s advisors may earn commissions from sales, the firm is a fiduciary and therefore must act in your best interest.
Householder Group Estate & Retirement Specialists Background
Householder Group Estate & Retirement Specialists was founded in 1997 by CEO Scott A. Householder. The firm is wholly owned by ASG Trust. At the company’s Scottsdale office, David Romero and Adam Lunceford are the advisors on staff, and they average around 15 years’ experience in the industry.
Both individuals and businesses can find relevant financial management services at this firm. More specifically, you can choose from:
- Portfolio management services
- Analysis, recommendation and monitoring of third-party-managed programs
- Financial planning and consulting services
- Pension consulting services
- Seminar and education programs
- Estate planning services
- Retirement plan services
Householder Group Estate & Retirement Specialists Investing Strategy
In Householder Group Estate & Retirement Specialists’ investing process, the first step is for clients to make clear their personal financial objectives, as well as their desired time horizon and risk tolerance. These factors will help the firm determine how to invest your money.
Using multiple methods, Householder says it then searches the market for potential investment opportunities that align with your goals. The firm then decides on an appropriate asset allocation and asset classes.
Galvin, Gaustad & Stein, LLC
Galvin, Gaustad & Stein, LLC (GG&S) is a fee-based financial advisor firm. To open an account, you’ll need at least $500,000 in assets. The firm’s typical clients include individuals, high-net-worth individuals, pension and profit-sharing plans and large and small businesses.
Out of the 10 financial advisors who work in the firm’s office, there are three chartered financial analysts (CFAs), three certified financial planners (CFPs), one advisor with a certificate in investment performance measurement and one chartered life underwriter (CLU).
This firm’s advisors also act as insurance agents and may earn commissions from sales. But, like all the firms on this list, GG&S is a fiduciary. As such it can’t sell you insurance if it doesn’t believe it is in your best interest.
Galvin, Gaustad & Stein, LLC Background
Established in 2010, Galvin, Gaustad & Stein, LLC is one of the youngest firms on this list. GG&S is independently owned by founders Stephen Gaustad and Stephen Galvin. The duo has been in finance for a combined 75 years, while the rest of the firm’s advisory team averages more than 14 years in the field.
Investment management, estate planning and retirement planning are the firm’s three primary focuses.
Galvin, Gaustad & Stein, LLC Strategy
Galvin, Gaustad & Stein, LLC goes through a three-step process to ensure that it makes the right investment decisions regarding your assets. This process begins with a proprietary research-based screening of the various stocks currently available. Next, your advisor will take a deep dive into estimates on where the stock’s price is headed and how that can affect your future returns. Lastly, the firm narrows down the remaining choices based off of which one has the fewest red flags and the strongest revenue growth.
The firm ultimately selects your investments based on your personal financial goals and risk profile. Depending on your financial situation, Galvin, Gaustad & Stein will diversify your money throughout major asset classes like exchange-traded funds (ETFs), stocks and bonds.
BCJ Capital Management
BCJ Capital Management has nearly $700 million in assets under management, with more than 30 advisors available to manage it. Although the firm has branches around the country, its Scottsdale office has boasts two certified financial planners (CFPs), one chartered life underwriter (CLU), one chartered financial consultant (ChFC) and one certified plan fiduciary advisor (CPFA).
BCJ works with more than 1,300 clients, the vast majority of which are individuals without a high net worth. In order to become a client of this fee-based firm, you'll need at least $100,000 in investable assets.
Some members of the advisory team at BCJ Capital Management have an opportunity to earn additional compensation for the sale of securities and insurance products. Despite this potential conflict of interest, the firm is a fiduciary, and therefore is legally bound to act in clients' best interests.
BCJ Capital Management Background
BCJ Capital Management was established in 1996, making it one of the oldest firms on this list. Today, the firm is principally owned by president Kevin Bauer, vice president Stephen Captain, CEO Justin Young, CFO Andrea Bauer and members Mark Johnson and Ben Bimson.
The advisory offerings at BCJ are centered around investment management, financial planning, consulting and retirement plan services.
BCJ Capital Management Investing Strategy
In order to ensure that clients' assets are invested with a purpose, BCJ Capital Management utilizes a goal-based investing model. This involves creating a cohesive marriage between your financial objectives, time horizon and risk tolerance so that your goals are achieved on time. This not only applies to long-term plans like retirement, but also short-term desires, such as a vacation or home.
Mutual funds and exchange-traded funds (ETFs) make up a large portion of BCJ's typical investments. This is done not only because these investment types are easily traded, but also because they are inherently diversified. Should your financial plan call for it, your advisor may include equities, fixed-income securities, municipal securities, U.S. government securities, variable annuities and more in your portfolio.
WealthTrust Arizona, LLC
You’ll need at least $1 million in investable assets to become a client of WealthTrust Arizona, LLC. This fee-based firm has two certified financial planners (CFPs), a chartered financial consultant (ChFC), a certified fund specialist (CFS), a chartered mutual fund counselor (CMFC) and a professional plan consultant (PPC) on staff.
Insurance policies are offered by this firm and its advisors may earn commissions from sales. However, the firm is legally bound by fiduciary duty to act in your best interests at all times.
WealthTrust Arizona Background
Partners Ben Wilson and Paul Ahern are two of the principal owners of WealthTrust Arizona. The firm’s third principal owner is HighTower Advisors, LLC, a massive Chicago-based wealth management firm with more than $42 billion in assets under management. WealthTrust was formed in 2006, but its advisors have worked in the financial space for up to 23 years.
As a group, this firm says it can handle many different facets of your financial life. The firm’s in-depth services include financial planning, retirement planning, portfolio management, estate planning, risk management, tax planning and mitigation, asset management and ongoing wealth management.
WealthTrust Arizona Investment Strategy
Modern portfolio theory is the backbone of WealthTrust Arizona’s investment ideology. This theory is centered around the idea that investors will take on a higher level of risk only if they will see a worthwhile and corresponding uptick in portfolio growth. Your asset allocation will vary depending on your risk tolerance. Generally, WealthTrust Arizona invests its clients’ assets in equities, mutual funds, ETFs and real estate investment trusts.
Your time horizon is the second piece of the puzzle. The firm says it has experience working with both long-term and short-term investments, which are defined as those held for more than a year or less than a year, respectively.
TMD & Associates, Inc.
TMD & Associates, Inc. is a fee-based financial advisor firm that calls for a minimum of $750,000 in investable assets to open an account. The firm says it serves “business owners, corporate executives, professional athletes and similarly affluent clients.”
Four members of this firm’s staff currently hold the distinction of being a certified financial planner (CFP). TMD also boasts one certified public accountant (CPA), one accredited investment fiduciary (AIF) and one certified plan fiduciary advisor (CPFA).
Insurance may be offered to clients of this firm. While sales may result in commissions for the firm’s advisors, remember that this firm is a fiduciary and it therefore must act in your best interest.
TMD & Associates, Inc. Background
The longest tenured firm on this list, TMD & Associates, Inc. was founded in 1994 by Todd Douma, the firm’s current president and chief compliance officer. As a group, the firm's advisors have an average of 16 years’ experience in asset management and personal finance.
Retirement planning is the firm’s main focus. Cash-flow management, tax minimization and estate planning round out its service offerings for individuals. TMD also offers pension consulting.
TMD & Associates, Inc. Strategy
TMD & Associates, Inc. has premade portfolio models that it applies to its clients after learning about their current financial situation and desires for the future. The firm uses both active and passive investment management to try to capitalize on short-term gains, as well as the tried-and-true method of safe, long-term investing.
Unlike most of its competitors, TMD & Associates, Inc. works with alternative investments. The firm uses pooled investments, private equity, oil and gas partnerships, real estate and hard-money lending. But pooled investments might be the most prolificly utilized of that group, as the firm consistently pools its clients’ assets to give lower-net-worth individuals the chance to invest in more prestigious markets.
Foundations Investment Advisors, LLC
Fee-based Foundations Investment Advisors, LLC employs a large advisory team made up of 116 people. The firm manages around $800 million in client assets. Foundations works with well over 2,500 individual clients, but fewer than 100 of them have a high net worth. Aside from these groups, this firm is known to work with retirement plan sponsors and participants, estates, trusts, charitable organizations and businesses.
Certain advisors at Foundations can earn commissions when they sell insurance policies. While this has the potential to be a conflict of interest, the firm is a fiduciary and must work in clients' best interests.
Foundations Investment Advisors, LLC Background
Foundations Investment Advisors, LLC is a fairly young firm. It was opened in just 2015 and is now under the ownership of principals Jeffrey Junior and Bryon Rice.
Aside from its standard investment advisory services, Foundations offers a few different styles of financial planning. Some of these options include retirement planning, tax planning, cash flow management and estate planning.
Foundations Investment Advisors, LLC Client Experience
Your initial meeting with your Foundations advisor will dictate what your financial plan and investment portfolio will look like. During this interview, you and your advisor will discuss your in-depth financial goals, as well as your risk tolerance, time horizon and any need for liquidity. This will culminate in the forming of a detailed investment policy statement (IPS).
In an effort to best accommodate the investment needs of every client, Foundations utilizes a combination of stocks, cash, mutual funds, exchange-traded funds (ETFs), bonds and annuities to flesh out its portfolios. However, depending on your personal situation, this could vary.
Capital Insight Partners, LLC
Capital Insight Partners, LLC is a fee-based financial advisor firm with five advisors. Across this team, there are three chartered financial analysts (CFAs) and one certified financial planner (CFP). Contrary to some of the its competition on this list, Capital Insight does not require a minimum initial investment.
On the whole, this firm is focused on working with high-net-worth individuals and individuals. This doesn't preclude it from holding relationships with other client types, like trusts, estates, charitable organizations, pension plans, profit-sharing plans and businesses.
Certain members of the advisory staff at Capital Insight are licensed to sell insurance products or securities for an extra commission. This has the potential to cause a conflict of interest, which the firm mitigates by being a fiduciary, legally binding it to act in clients' best interests.
Capital Insight Partners, LLC Background
Prior to forming Capital Insight Partners, co-founders Susan Anastasiadis and Steven Nelson worked together at Merrill Lynch in Scottsdale. Nelson has worked in the financial advisor space for about 20 years, while Anastasiadis' experience level sits around 15 years. Nelson and Anastasiadis are the principal owners.
Financial planning is the clear centerpiece of Capital Insight's advisory services. This is based around a comprehensive ideology, as the firm can provide budgeting, estate planning, retirement planning, business planning, insurance analysis, investment management and planning, tax management and more.
Capital Insight Partners, LLC Investing Strategy
Many of Capital Insight Partners' investment decisions are based on a long-term strategy that looks to avoid the pitfalls of stock-picking and other risky investment moves. Despite this affinity, the firm's advisors are not opposed to additionally utilizing short-term purchases to try and take advantage of riskier securities. Prior to employing this type of philosophy, the firm will project the tax implications it could have on your portfolio. Should they remain too great to realize a true profit, your advisor may stick to long-term strategies.
Verus Capital Partners, LLC
With an advisory staff of 36, Verus Capital Partners, LLC possesses one of largest teams on this list. Verus employs one chartered financial consultant (ChFC) and one certified divorce financial analyst (CDFA).
Clients need a minimum of $250,000 to begin a relationship with this firm. The majority of the firm’s client base are non-high-net-worth individuals. More specifically, Verus says its typical clients are individuals with pension plans or individuals who are looking to save for retirement, build a trust or manage an estate.
Verus Capital Partners is a fee-based firm. Advisors may earn commissions for selling insurance policies and securities. However, the firm is a fiduciary, so the law requires it to act in your best interest at all times.
Verus Capital Partners, LLC Background
Stephen Bull, the principal owner of Verus Capital Partners, LLC, founded the firm in 2009. Bull has been a part of the asset management world since 1993, and the rest of the firm’s advisors have been in the business for an average of around 19 years.
The firm provides financial planning, estate and trust creation and retirement planning services. It will also supplement those services with tax planning and liquidity incorporation.
Verus Capital Partners, LLC Strategy
There are many factors Verus Capital Partners, LLC takes into account to ensure your portfolio fits your needs. Some of these factors include your time horizon and risk tolerance, as well as your current tax status and overall financial status.
Once you communicate your individual needs and preferences to your advisor, he or she will use them to determine the investments that will make up your portfolio. To decide where to invest its clients’ assets, Verus says it relies on extensive market research through various publications, outside research, corporate rating services and related filings with the SEC.
The asset allocation applied to your portfolio will remain flexible, allowing for the firm to rebalance when necessary. If there are major market changes, the firm may formulate an entirely new plan.