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Top Financial Advisors in Tampa, FL

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Finding a Top Financial Advisor Firm in Tampa, Florida

There are a lot of options for financial advice and investment management - including national financial institutions, robo-advisors and all of the firms in your area - so it can be tough to figure out who would best suit your financial situation and goals. That’s where SmartAsset comes in. We researched the financial advisors based in Tampa, Florida to identify the top options. If you're having trouble deciding, try SmartAsset's financial advisor matching tool, which connects you with as many as three advisors in your area.

Rank Financial Advisor Assets Managed Minimum Assets Financial Services More Information
1 Suncoast Equity Management, LLC Suncoast Equity Management, LLC logo Find an Advisor

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$850,160,087 $250,000
  • Financial planning
  • Portfolio management

Minimum Assets

$250,000

Financial Services

  • Financial planning
  • Portfolio management
2 Harwood Financial Group Harwood Financial Group logo Find an Advisor

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$621,392,727 No minimum requirement
  • Investment management
  • Tax-reduction 
  • Asset protection
  • Estate transition planning

Minimum Assets

No minimum requirement

Financial Services

  • Investment management
  • Tax-reduction 
  • Asset protection
  • Estate transition planning
3 Bayshore Capital Advisors, LLC Bayshore Capital Advisors, LLC logo Find an Advisor

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$311,382,386 $20,000,000
  • Financial planning
  • Portfolio management
  • Selection of other advisors

Minimum Assets

$20,000,000

Financial Services

  • Financial planning
  • Portfolio management
  • Selection of other advisors
4 PSI Advisors, LLC PSI Advisors, LLC logo Find an Advisor

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$417,091,315 No set account minimum
  • Financial planning
  • Portfolio management
  • Pension consulting
  • Educational seminars

Minimum Assets

No set account minimum

Financial Services

  • Financial planning
  • Portfolio management
  • Pension consulting
  • Educational seminars
5 Sutton Wealth Advisors Sutton Wealth Advisors logo Find an Advisor

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$345,213,944

No specified minimum

  • Portfolio management
  • Financial planning
  • Selection of other advisors 

Minimum Assets

No specified minimum

Financial Services

  • Portfolio management
  • Financial planning
  • Selection of other advisors 
6 Rutherford Asset Planning Rutherford Asset Planning logo Find an Advisor

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$173,065,840 $1,000,000
  • Financial planning
  • Portfolio management

Minimum Assets

$1,000,000

Financial Services

  • Financial planning
  • Portfolio management
7 Wealth Advisors of Tampa Bay Wealth Advisors of Tampa Bay logo Find an Advisor

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$276,142,704 Varies based on account type
  • Financial planning
  • Portfolio management
  • Selection of other advisors

Minimum Assets

Varies based on account type

Financial Services

  • Financial planning
  • Portfolio management
  • Selection of other advisors
8 Brightwater Advisory, LLC Brightwater Advisory, LLC logo Find an Advisor

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$194,509,708 No set account minimum
  • Financial planning
  • Portfolio management

Minimum Assets

No set account minimum

Financial Services

  • Financial planning
  • Portfolio management
9 Northbridge Financial Group Northbridge Financial Group logo Find an Advisor

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$113,516,078 No minimum requirement
  • Asset protection planning
  • Wealth management
  • Financial planning
  • Business financial planning
  • Risk management
  • Estate planning
  • Investment management
  • Philanthropy
  • Tax planning

Minimum Assets

No minimum requirement

Financial Services

  • Asset protection planning
  • Wealth management
  • Financial planning
  • Business financial planning
  • Risk management
  • Estate planning
  • Investment management
  • Philanthropy
  • Tax planning
10 Lawrence Financial Planning, LLC Lawrence Financial Planning, LLC logo Find an Advisor

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$110,937,612 No minimum requirement
  • Goal Setting
  • Financial Planning
  • Investment Review and Strategy Implementation
  • Tax Planning
  • College Planning
  • Pre- and Post-Retirement Planning
  • Stock Option Review
  • Budgeting
  • Estate Planning Strategies
  • Lump-Sum Distribution Advice

Minimum Assets

No minimum requirement

Financial Services

  • Goal Setting
  • Financial Planning
  • Investment Review and Strategy Implementation
  • Tax Planning
  • College Planning
  • Pre- and Post-Retirement Planning
  • Stock Option Review
  • Budgeting
  • Estate Planning Strategies
  • Lump-Sum Distribution Advice

How We Found the Top Financial Advisor Firms in Tampa, Florida

To find the top financial advisors in Tampa, Florida, we first identified all firms registered with the SEC in the state. 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:

Suncoast Equity Management, LLC

Suncoast Equity Management, LLC

Suncoast Equity Management, LLC manages assets for both high-net-worth and non-high-net-worth individuals. Institutional clients also include pension and profit-sharing plans, partnerships, endowments, unified managed accounts (UMAs), and businesses.

New clients must have a minimum of $250,000 in investable assets, though this requirement is waivable.

Investment management is the main offering at Suncoast, as it features investment portfolio customization for clients. Financial planning services include, but are not limited to, investment planning, education fund planning, retirement planning and more.

This is a fee-only firm, so all of its compensation comes from client-paid fees.

Suncoast Equity Management, LLC Background

Suncoast Equity Management, Inc. has been in business since 1998. It was was reorganized as Suncoast Equity Management, LLC in 2015. The firm's president, Donald Robert Jowdy, is the principal owner.

The advisory team at this firm includes one certified financial planner (CFP) and one chartered financial analyst (CFA).

Suncoast Equity Management, LLC Investment Strategy

As its name states, Suncoast Equity Management is a big believer in investing client assets heavily in large-cap equities. When selecting stocks to invest in, the firm looks for securities that are favorably priced rather than trying to "forecast or outsmart daily stock market movements," according to its website. Furthermore, the firm prefers to hone in on what specifically makes an individual company attractive to invest in rather than solely looking at price movements.

Despite its affinity for stocks, Suncoast is willing to invest in other types of securities as well. These include government securities, fixed-income securities and mutual funds. Specific investments are chosen based on the client's risk tolerance, time horizon and financial goals.

Harwood Financial Group

Harwood Financial Group

Harwood Financial Group manages assets primarily for individuals and high-net-worth individuals, as well as corporations.

As a fee-based firm, advisors can earn commissions from third parties for selling insurance products. But those advisors are still bound to act in the client's best interest despite this potential conflict of interest.

In general, Harwood does not require an account minimum. However, it may terminate an account if it’s too small to manage effectively. The firm also charges portfolio management fees that are based on a percentage of the client’s assets under management, which are a maximum of 2%.

Harwood Financial Group Background

The firm was founded as a limited liability company in 2012. Harwood is owned by Darwin Partners, LLC.

The firm’s financial team holds multiple certifications, including one chartered financial consultant (ChFC), one chartered financial analyst (CFA) and one certified financial planners (CFP).

Harwood Financial Group Strategy

The firm relies on technical analysis, fundamental analysis, cyclical analysis, long-term and short-term purchases, short sales, option writing and trading, among other strategies and investments to manage and evaluate client portfolios. 

Services include investment management, tax-reduction strategies, asset protection and estate transition planning. The team also prepares specific reports for clients that evaluate investment risk analysis, tax review and analysis, estate transition plan review, estate transition plan review and complimentary financial plan. 

Bayshore Capital Advisors, LLC

Bayshore Capital Advisors, LLC

Bayshore Capital Advisors requires an account minimum of $20 million for individual clients. However, the firm is willing to waive this requirement under certain circumstances. Among the firm’s team of advisors are three certified public accountants (CPAs), two chartered financial analysts (CFAs), two chartered alternative investment analysts (CAIAs) and one certified financial planner (CFP).

Despite Bayshore’s high account minimum, it does work with some non-high-net-worth individuals in addition to its high-net-worth clients. It also manages the assets of a few pooled investment vehicles, and other investment advisors. Bayshore Capital Advisors is a fee-only firm, meaning it earns income only from clients.

Bayshore Capital Advisors Background

Bayshore Capital Advisors was founded in 2001 by Tready Smith, who also acts as CEO and owns 90% of the firm. 

The firm provides investment supervisory services to individual clients and also serves as the manager of several of its own investment funds. Further, Bayshore will occasionally act as a sub-advisor, managing accounts for other firms. Bayshore also offers some financial planning services, such as estate planning, insurance selection and more.

Bayshore Capital Advisors Investment Philosophy

Bayshore Capital Advisors prefers a strategic and active investing approach when it comes to helping its clients cultivate wealth. For each client, the firm will first determine investment goals, then develop a portfolio that accomplishes a mix of four goals: increase returns, generate income, protect against inflation and reduce risk.

The firm places a great deal of importance on constantly evaluating risk, both when providing investment advice to individual clients and when managing investment funds. Most of these funds belong to the firm itself, so many of the investments that the firm makes are completed through them.

PSI Advisors, LLC

PSI Advisors, LLC

PSI Advisors, LLC manages assets primarily for non-high-net-worth individuals. Other typical clients of the firm include businesses. There is no minimum account size at PSI.

This firm is fee-based. That means that certain on-staff advisors here can sell insurance products or securities on a separate commission basis. Despite the potential conflict of interest this creates, the firm is bound by fiduciary duty to act in clients' best interests.

PSI Advisors, LLC Background

Eric Damien Eaton founded PSI Advisors in 2016, making it one of the youngest firms on this list. However, Eaton has been providing financial advice to clients for more than 20 years. Eaton is the sole owner of PSI Advisors.

The firm provides financial planning services including investment planning, retirement planning, college planning, debt/credit planning, insurance planning and tax planning. Additionally, the firm provides consulting services to pension plans and other employee-sponsored benefit plans.

PSI Advisors, LLC Investment Philosophy

PSI Advisors relies on may different methods of analysis when examining securities, including charting, fundamental analysis, technical analysis, cyclical analysis and quantitative analysis. When it comes to actual investment strategies, the firm takes part in long-term purchases, options trading and margin transactions.

PSI Advisors tailors its strategies to its clients, factoring in the client’s risk tolerance, time horizon, long-term objectives and financial preferences before determining the best path forward. Then, once your investment plan is implemented, the firm will work to constantly update it to meet your changing needs.

Sutton Wealth Advisors, Inc.

Sutton Wealth Advisors

Sutton Wealth Advisors, Inc. manages assets primarily for individuals and high-net-worth individuals, as well as charitable organizations, irrevocable trusts and corporations.

As a fee-based firm, advisors can earn commissions from third parties for selling insurance products. But those advisors are still bound to act in the client's best interests.

In general, Sutton Wealth does not require an account minimum. However, they may terminate an account if it’s too small to manage effectively. 

The firm also charges a portfolio management fee that is based on a percentage of the client’s assets under management, which is 1.25% for accounts under $1 million and negotiable for bigger accounts.

Sutton Wealth Advisors Background

Sutton Wealth was founded in 2007. The principal owner is W. Edward Sutton.  

The firm’s financial team holds multiple certifications, including one chartered financial consultant (ChFC), one chartered financial analyst (CFA) and one certified financial planners (CFP).

Sutton Wealth Advisors Strategy

The firm relies on charting analysis, technical analysis, fundamental analysis, cyclical analysis, modern portfolio theory, long-term and short-term purchases, short sales, margin transactions and option writing, among other strategies and investments to manage and evaluate client portfolios. 

Services include consulting and advisory services, portfolio management and financial planning services.

Rutherford Asset Planning, Inc.

Rutherford Asset Planning

Rutherford Asset Planning, Inc. is a fee-only firm, which means that it earns money solely through management fees paid by clients, and therefore do not earn commissions from selling insurance or other financial products.

The firm requires a minimum investable asset requirement of $1 million. Despite this, the firm's client base is comprised of roughly half high-net-worth individuals and half non-high-net-worth individuals. The firm offers services like wealth management, estate planning, philanthropic planning, tax planning, insurance planning and cash flow analysis.

Rutherford Asset Planning Background

Ronald Rutherford founded Rutherford Asset Planning in 1986 after working for IBM. Today, he remains a member of the firm's board of directors. Ronald Rutherford, President Suzzette Rutherford and CEO and Chief Compliance Officer (CCO) Keith Amburgey all combine to own the firm.

The advisory staff at this firm includes two certified financial planners (CFPs), one certified investment management analyst (CIMA) and one chartered financial analyst (CFA).

Rutherford Asset Planning Investment Portfolio Design

Your portfolio at this firm will balance risk and reward and seek sustainable growth as well as create income streams. To begin, your advisor will take time to understand your personal and financial situation to create a strategy that will help you achieve your desired wealth potential. Your advisor will consider your income and expenses as well as insurance concerns when developing your portfolio. Tax considerations and cash flow requirements will factor in as well.

Rutherford Asset Planning advisors "manage both risk and return goals," taking "no more risk than necessary to achieve a given target rate of return." Advisors use fundamental analysis, technical analysis, quantitative analysis and qualitative analysis when considering securities as investments.

Wealth Advisors of Tampa Bay

Wealth Advisors of Tampa Bay

Wealth Advisors of Tampa Bay works primarily with high-net-worth and non-high-net-worth individuals. To take advantage of this firm's investment management services, you'll need to have at least $100,000 in investable assets and be able to adhere to a minimum annual fee of $1,250. For financial planning services, the minimum fee is $800.

If you're looking for a combination of investment and financial planning services, you'll find that through this firm's wealth management offering. Other services available on a stand-alone basis include investment management, retirement planning, insurance services, estate planning, wealth transfer planning, trust services and more.

This is a fee-based firm. As a result, some of the firm's advisors can sell securities and insurance products on a commission basis. While this creates a potential conflict of interest, the firm is legally bound by fiduciary duty to act in clients' best interests at all times.

Wealth Advisors of Tampa Bay Background

Wealth Advisors of Tampa Bay was established back in 2012. Robert F. Giles, Jr., president and chief investment officer (CIO), is the founder and primary owner of the firm. Robert F. Giles III, a wealth advisor at the firm, is a minority owner. Giles, Jr. has more than 35 years of experience in the financial services industry, while Giles III has 17 years of experience to his name.

Prospective clients of this firm will find a number of certifications across the advisory staff. More specifically, these include one certified investment management analyst (CIMA), one certified financial planner (CFP), one chartered alternative investment analyst (CAIA) and one chartered retirement planning counselor (CRPC).

Wealth Advisors of Tampa Bay Investment Analysis

Advisors at the firm use four main methods of analysis when evaluating securities in which to invest client assets. Charting, a form of technical analysis, is used to try to identify when the market is moving up and down and how long the trend might last. Fundamental analysis helps the advisors measure the intrinsic value of a security. This is accomplished by considering financial and economic factors surrounding the company and industry itself.

A third method, technical analysis, is when advisors look at past market movements to try to find recurring patterns of investor behavior to help predict future price movement. Lastly, they use cyclical analysis, which involves the measurement of a stock against the market as a whole to try to predict price movement.

Brightwater Advisory, LLC

Brightwater Advisory, LLC

Formed in 2013, Brightwater Advisory, LLC is one of the youngest financial advisor firms on our list. The firm manages assets primarily for high-net-worth and non-high-net-worth individuals, as well as pension and profit sharing plans, businesses and charitable organizations. Brightwater has no specified asset minimum for new clients.

This fee-only firm offers investment management, financial planning and consulting. Its fee-only status means that all of its compensation comes from management fees that clients pay directly.

Brightwater Advisory, LLC Background

In 2013, David Maddux and Kathleen Maddux founded Brightwater Advisory. Today, the duo remains the sole owners of the firm. David Maddux serves as CEO and chief investment officer (CIO), and he started his career at Morgan Stanley-Smith Barney over 20 years ago. Kathleen Maddux serves as chief financial officer (CFO) and is a former speech-language pathologist. She’s responsible for the operational management of Brightwater Advisory.

This firm has one certified financial planner (CFP) on staff.

Brightwater Advisory, LLC Investment Philosophy

Brightwater operates on a core philosophy of “finding value opportunities, both relative and absolute, under all market conditions, while still embracing the simplest and basic concept of risk reduction - diversification.” That means your portfolio will be broadly diversified. Your portfolio is invested based on what you state your needs are in areas such as cash flow, risk, growth and time horizon. The company does use model portfolios for each investment strategy.

Your Brightwater advisor will generally allocate your assets among various mutual funds, exchange-traded funds (ETFs), individual debt and equity securities, and/or certificates of deposit depending on your stated investment goals.

Northbridge Financial Group, LLC

Northbridge Financial Group

Northbridge Financial Group, LLC works primarily with individuals and high-net-worth individuals, as well as pension and profit sharing plans.

As a fee-based firm, advisors can earn commissions from third parties for selling insurance and other financial products. But those advisors are still bound to act in the client's best interests.

In general, Northbridge does not require an account minimum. But the firm charges an investment management fee that is based on a percentage of the client’s assets under management, which typically ranges from .55% to 1.5%. Fees can be negotiated for assets over $10 million.

Northbridge Financial Group Background

Northbridge was founded in 2014. The firm is owned and operated by co-founder and chief compliance officer Michael A. Orecchio.

The firm’s financial team holds multiple certifications, including four certified financial planners (CFPs), two chartered retirement planning counselors (CRPCs) and one chartered financial consultant (ChFC).

Northbridge Financial Group Strategy

The firm relies on charting analysis, technical analysis, fundamental analysis, cyclical analysis, modern portfolio theory, long-term and short-term purchases, short sales, margin transactions and option writing, among other strategies and investments to manage and evaluate client portfolios. 

Services include asset protection planning, wealth management and financial planning, business financial planning, risk management, estate planning, investment management, philanthropy and tax planning. 

Lawrence Financial Planning, LLC

Lawrence Financial Planning, LLC

Lawrence Financial Planning, LLC (LFP) works primarily with non-high-net-worth individuals and high-net-worth individuals.

As a fee-only firm, it does not collect commissions on trades or the sale of other financial products.

In general, LFP does not require an account minimum. However, LFP charges an open retainer for the first year between $8,000 and $40,000.

Clients typically have a net worth between $1.5 million and $10 million, and a household income between $100,000 and $500,000.

Lawrence Financial Planning Background

LFP was founded in 2009 and is owned in equal shares by Julie Lawrence and Forrest Baumhover.

The firm’s financial team holds multiple certifications, including two certified financial planners (CFPs), two financial paraplanner qualified professionals (FPQPs) and two enrolled agents (EAs).

Lawrence Financial Planning Strategy

The firm relies on the client’s taxes, risk tolerance, finances and goals to manage and evaluate investment portfolios. Generally, LFP recommends no-load mutual funds, exchange-traded funds (ETFs), certificates of deposit, money market accounts, and individual bonds.

Services include:

  • Goal Setting
  • Financial Planning
  • Investment Review and Strategy Implementation
  • Tax Planning
  • College Planning
  • Pre- and Post-Retirement Planning
  • Stock Option Review
  • Budgeting
  • Estate Planning Strategies
  • Lump-Sum Distribution Advice

How Long $1mm Lasts in Retirement

SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Zoom between states and the national map to see the top spots in each region. Also, scroll over any city to learn about the cost of living in retirement for that location.

Least
Most
Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology We analyzed data on average expenditures for seniors, cost of living and investment returns to determine how many years of retirement a $1 million nest egg would cover in cities across America.

First, we looked at data from the Bureau of Labor Statistics (BLS) on the average annual expenditures of seniors. We then applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. Using this data, SmartAsset calculated the average cost of living for retirees in the largest U.S. cities.

We assumed the $1 million would grow at a real return (interest minus inflation) of 2%. Then, we divided $1 million by the sum of each of those annual numbers to determine how long $1 million would cover retirement expenses in each of the cities in our study. Cities where $1 million lasted the longest ranked the highest in the study.

Sources: Bureau of Labor Statistics (BLS), Council for Community and Economic Research