Finding a Top Financial Advisor Firm in Scottsdale, Arizona
Although it’s a relatively small city, Scottsdale, Arizona has many financial advisor firms to choose from. To guide you in your search, SmartAsset has created a comprehensive review of the top 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 a financial advisor, use SmartAsset’s free matching tool to pick between up to three advisors near you.
|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||Stoker Ostler Find an Advisor||$1,718,313,531||$500,000|| || |
|2||WealthPlan Advisors, LLC Find an Advisor||$1,911,166,904||Varies based on account type|| || |
Minimum AssetsVaries based on account type
|3||Verus Capital Partners, LLC Find an Advisor||$640,498,405||Varies based on account type|| || |
Minimum AssetsVaries based on account type
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|4||Total Investment Management, Inc. Find an Advisor||$1,226,179,421||No set account minimum|| || |
Minimum AssetsNo set account minimum
|5||Galvin, Gaustad & Stein, LLC Find an Advisor||$1,129,326,421||$500,000|| || |
|6||Trajan Wealth, LLC Find an Advisor||$653,736,835||No set account minimum|| || |
Minimum AssetsNo set account minimum
|7||Capital Insight Partners, LLC Find an Advisor||$673,050,895||No set account minimum|| || |
Minimum AssetsNo set account minimum
|8||TMD Wealth Management Find an Advisor||$600,650,000||$750,000|| || |
|9||Capital Wealth Alliance, LLC Find an Advisor||$242,303,720||No set account minimum|| || |
Minimum AssetsNo set account minimum
|10||Henry + Horne Wealth Management Find an Advisor||$544,749,156||Varies based on account type|| || |
Minimum AssetsVaries based on account type
How We Found the Top Financial Advisor Firms in Scottsdale, Arizona
To find the top financial advisors in Scottsdale, Arizona, 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:
Stoker Ostler is a fee-only firm that's the second-largest on this list in terms of assets under management (AUM). The firm works with almost 1,000 clients, almost all of whom are individuals with and without a high net worth. The firm also works with a handful of charitable organizations.
The advisory staff at this firm includes certified financial planners (CFPs), chartered financial analysts (CFAs) and other advisory designations. In order to work with these advisors and the firm at large, you'll need at least $500,000 in investable assets, which is one of the highest minimums on this list. The firm may decide to reduce this requirement, though.
Stoker Ostler Background
Stoker Ostler has been in business for more than two decades, as it was established in 1997. The firm is wholly owned subsidiary of BMO Financial Corp., a large bank based in Canada. The firm is led by chief investment officer (CIO) Michael Bolar, managing director Michelle Decker and director Michael Halls.
Services at this firm include investment management and financial planning. Financial planning can cover issues like tax planning, risk management, goal planning and more.
Stoker Ostler Investing Strategy
Stoker Ostler believes in creating investment portfolio plans specifically built for their clients. In turn, the firm will heavily take into account your personal needs and situation when investing your assets. This involves formulating an investment policy statement (IPS) that details your risk tolerance, time horizon, short- and long-term goals, income needs and more.
There are few investment types that Stoker Ostler isn't open to under the right circumstances. For instance, the firm may invest in some combination of stocks, fixed-income securities, alternative investments and real estate investment trusts (REITs).
Nearly seven out of every 10 clients that WealthPlan Advisors 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 and businesses 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 advisory team at WealthPlan Advisors has a few certifications to its credit. Clients will find certified financial planners (CFPs), certified plan fiduciary advisors (CPFAs), chartered retirement plans specialists (CRPSs), certified employee benefit specialists (CEBSs) and more.
As a fee-only operation, all of the firm's compensation comes from the advisory fees that clients pay.
WealthPlan Advisors Background
Brothers Scott and Todd Schlappi established WealthPlan Advisors in 2009. The duo has around 50 years of combined experience in the finance space. The firm is under the principal ownership of Wealth Management, Inc. and Retirement Plan Advisors, Inc. However, principals Scott Schlappi and Rick Horton indirectly own WealthPlan through those entities.
WealthPlan Advisors is divided into two sections, with one side focused on individual services and the other on corporate retirement plan services. Scott Schlappi heads up the corporate retirement plan offerings and Rick Horton manages the firm's individual clientele.
WealthPlan Advisors 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.
Verus Capital Partners
Verus Capital Partners boasts one of largest advisory teams on this list. The firm's leadership team includes one chartered retirement planning counselor (CRPC) and one certified divorce financial analyst (CDFA). Prospective clients of this firm will need a minimum investment of $25,000 to $250,000, depending on the services they choose to subscribe to.
The majority of the firm’s client base is comprised of 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, so advisors may earn commissions for selling insurance products and securities. However, the firm is a fiduciary, legally binding it to act in clients' best interests.
Verus Capital Partners Background
Stephen Bull, the principal owner of Verus Capital Partners, 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 a decade.
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 Investment Strategy
There are many factors Verus Capital Partners 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.
Total Investment Management
Total Investment Management 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, with high-net-worth individuals also making up a large part of its client base.
The firm has one of the most varied combinations of advisor certifications on this list. The team includes three certified financial planners (CFPs), one chartered financial analyst (CFA), one accredited investment fiduciary (AIF) and one chartered market technician (CMT).
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 Background
John Edward Foster II and his son, Todd Michael Foster, are the principal owners of Total Investment Management. The independent firm was initially founded in 1998.
The firm offers three main tiers of investment management: TIM Basic, TIM Portfolio and TIM Premier. Here's how they work:
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 Strategy
To determine exactly how it will invest a client’s assets, Total Investment Management 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.
Galvin, Gaustad & Stein
Galvin, Gaustad & Stein (GGS) is a fee-based financial advisor firm. To open an account with the firm, you’ll need at least $500,000 in assets. The firm’s typical clients include non-high-net-worth individuals, high-net-worth individuals, pension and profit-sharing plans and large and small businesses.
Out of the financial advisors who work in the firm’s office, there are four chartered financial analysts (CFAs), three certified financial planners (CFPs), one advisor with a certificate in investment performance measurement (CIPM) and one chartered life underwriter (CLU).
This firm’s advisors also act as insurance agents and may earn commissions from certain related sales. But, like all the firms on this list, GGS is a fiduciary, which means it must act in your best interest at all times.
Galvin, Gaustad & Stein Background
Established in 2010, Galvin, Gaustad & Stein is one of the youngest firms on this list. GGS is independently owned by founders Stephen Gaustad, Stephen Galvin and Mark Stein. The trio has decades of experience between them in the financial services space.
Investment management, financial planning and retirement plan services are the firm’s three primary focuses.
Galvin, Gaustad & Stein Strategy
Galvin, Gaustad & Stein 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, GGS will diversify your money throughout major asset classes like exchange-traded funds (ETFs), stocks and bonds.
Trajan Wealth's advisory services should be fairly accessible to most clients, as the firm does not have a minimum account size for new clients. In turn, the vast majority of the firm's client base is comprised of non-high-net-worth individuals, with a handful of high-net-worth individuals rounding it out.
This firm works to integrate investment and financial planning services into a single offering called asset management. This involves investment planning and portfolio creation, retirement planning, tax planning, insurance review, cash flow management, estate planning and more.
Certain on-staff advisors at Trajan can earn commissions when they sell insurance products. Although this creates a potential conflict of interest, the firm is bound by fiduciary duty to act in clients' best interests.
Trajan Wealth Background
Trajan Wealth was formed in 2010 under the name Valley Financial Wealth Management, LLC. But in 2011, the firm changed its name to what it currently is. The firm's founder and CEO, Jeff Junior, still principally owns the firm.
The advisory staff at this firm has a rather robust set of certifications. These include three certified financial planners (CFPs), two certified wealth strategists (CWSs), one certified divorce financial analyst (CDFA), one chartered retirement planning counselor (CRPC), one accredited investment fiduciary (AIF) and certified financial educator (CFEd).
Trajan Wealth Investment Strategy
Before making any investment decisions on your behalf, Trajan Wealth will gather intel on the type of investor you are. This will involve looking into your short- and long-term financial goals, risk tolerance, time horizon, income needs and more. Based on these insights, the firm will recommend a personalized asset allocation.
The firm is technically open to any investment, but it tends to invest in stocks, bonds, mutual funds, exchange-traded funds (ETFs), annuities and cash. Depending on your situation, cash holdings may occupy a small or large percentage of your overall asset allocation.
Capital Insight Partners
Capital Insight Partners, LLC is a fee-based financial advisor firm. Across its individual-centric advisory team, four are three chartered financial analysts (CFAs), one certified financial planner (CFP) and one accredited investment fiduciary (AIF). Unlike some of its competition on this list, Capital Insight does not require a specific minimum initial investment.
This firm is mostly focused on working with high-net-worth and non-high-net-worth individuals. However, its advisors also work with a variety of retirement plans.
Certain members of the advisory staff at Capital Insight Partners 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 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 30 years, while Anastasiadis' experience level sits around 20 years. Nelson and Anastasiadis are the principal owners of the firm.
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 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.
TMD Wealth Management
TMD Wealth Management 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."
Five members of this firm’s staff currently hold the distinction of being a certified financial planner (CFP). TMD also boasts one chartered financial consultant (ChFC).
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, meaning it therefore must act in your best interest.
TMD Wealth Management Background
One of the longest tenured firms on this list, TMD Wealth Management was founded in 1994 by Todd Douma, the firm’s current CEO. As a group, the firm's advisors have an average of around 20 years’ experience in asset management and personal finance. Today, the firm is indirectly owned by Focus Financial, making it a part of its network of firms.
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 to retirement plans.
TMD Wealth Management Investing Strategy
TMD Wealth Management has pre-made 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 sometimes uses 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 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.
Capital Wealth Alliance
Capital Wealth Alliance is about as individual-centric as a financial advisor firm can be. More specifically, the firm works with about 1,400 clients, all of whom are individuals. Of these clients 97% do not have a high net worth, which is a fact that aligns with its lack of an account minimum. In its Form ADV, the firm states it also has services available for retirement plans.
Certain advisors at Capital Wealth Alliance can sell securities on a commissions basis. While this creates a potential conflict of interest, the firm's fiduciary duty legally requires it to act in clients' best interests at all times.
Capital Wealth Alliance Background
Capital Wealth Alliance has a fairly short history, as it was created back in 2018. The firm is under the principal ownership of four of its employees: managing partners Robert Wong, Richard Merican, Curtis Smith, and Brent Carman.
Financial planning at this firm involves the use of software to track your goals and plan for the future. Investment management is customizable based on your needs.
Capital Wealth Alliance Investing Strategy
Capital Wealth Alliance builds client portfolios according to the type of investor they are. To determine this, your advisor will meet with you to discuss your short- and long-term financial goals, risk tolerance, income needs and overall time horizon. Through these findings, the firm will create an investment plan, which it will put into practice in a discretionary manner. As your investments earn returns, the firm will rebalance your portfolio.
Henry + Horne Wealth Management
The premier service available through Henry + Horne Wealth Management is its investment management offering. Through this, the firm will provide ongoing investment advice based on your personal needs and goals. All investment clients will also receive access to a wide selection of financial planning services, or they can access them on a stand-alone basis.
Henry + Horne Wealth Management manages the assets of only high-net-worth and non-high-net-worth individuals. Investment minimums at the firm vary based on the service, though they typically don't surpass $1 million.
As a fee-based operation, this firm employs advisors who can earn commissions when they sell certain securities or insurance products. Despite the potential conflict of interest this creates, the firm is bound by fiduciary duty to act in your best interest.
Henry + Horne Wealth Management Background
Before changing its name to Henry + Horne Wealth Management in 2017, this firm was called Carlin Wealth Management since 2005. The firm is under the principal ownership of its founder and president, Michael J. Carlin, and HHWM, LLC.
The advisory team at this firm includes two chartered financial analysts (CFAs), one accredited investment fiduciary (AIF) and one certified divorce financial analyst (CDFA).
Henry + Horne Wealth Management Investment Strategy
Henry + Horne Wealth Management believes your risk tolerance, investment goals and liquidity needs should be the most important factors in the portfolio construction process. To ensure the firm understands what kind of investor you are, it will review your overall financial situation. More specifically, it will look into your assets, liabilities, total net worth and taxes.
Generally speaking, this firm prefers to invest with an eye towards long-term success. However, that doesn't mean the firm is completely averse to investing in securities on a more short-term basis. In its Form ADV, the firm says it does this "to take advantage of conditions that we believe will soon result in a price swing in the securities we purchase."