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Top Financial Advisors in West Hartford, CT

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This review was produced by SmartAsset based on publicly available information. The named firm and its financial professionals have not reviewed, approved, or endorsed this review and are not responsible for its accuracy. Review content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named firm and its financial professionals, and firms and financial professionals having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s reviews. This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the firm mentioned in this review or its financial professionals.

Finding a Top Financial Advisor Firm in West Hartford, Connecticut

Looking for a local financial advisor? West Hartford, Connecticut has many options to pick from, so we created this list to help you narrow the field and compare firms. Our experts have laid out the services, client bases, account minimums, advisor certifications and more for each firm on our list. If you'd prefer to be matched with a local advisor, try using SmartAsset's free advisor tool.

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Rank Financial Advisor Assets Managed Minimum Assets Financial Services More Information
1 GYL Financial Synergies, LLC GYL Financial Synergies, LLC logo Find an Advisor

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$4,733,253,765 $1,000,000
  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisors (including private fund managers)
  • Educational seminars/workshops
  • Credit and cash management solutions

Minimum Assets

$1,000,000

Financial Services

  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisors (including private fund managers)
  • Educational seminars/workshops
  • Credit and cash management solutions
2 Private Capital Group, LLC Private Capital Group, LLC logo Find an Advisor

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$1,223,593,499 $500,000
  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisors (including private fund managers)

Minimum Assets

$500,000

Financial Services

  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisors (including private fund managers)
3 Fierston Financial Group Inc Fierston Financial Group Inc logo Find an Advisor

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$776,266,438 $1,000,000
  • Financial planning
  • Portfolio management

Minimum Assets

$1,000,000

Financial Services

  • Financial planning
  • Portfolio management

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4 Mullaney Keating & Wright Inc Mullaney Keating & Wright Inc logo Find an Advisor

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$266,225,120 $1,000,000
  • Financial planning
  • Portfolio management
  • Pension consulting

Minimum Assets

$1,000,000

Financial Services

  • Financial planning
  • Portfolio management
  • Pension consulting

What We Use in Our Methodology

To find the top financial advisors in West Hartford, 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:

  • AUM
    Firms with more total assets under management are ranked higher.
  • Individual Client Count
    Firms who serve more individual clients (as opposed to institutional clients) are ranked higher.
  • Clients Per Advisor
    Firms with a lower ratio of clients per financial advisor are ranked higher.
  • Age of Firm
    Firms that have been in business longer are ranked higher.
  • Fee Structure
    Firms with a fee-only (as opposed to fee-based) compensation structure are ranked higher.

All information is accurate as of the writing of this article. 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.

GYL Financial Synergies, LLC

GYL Financial Synergies sits atop our West Hartford list with more assets under management (AUM) than the three other firms combined. GYL works with both individuals and high-net-worth individuals, as well as pension and profit-sharing plans, charities, government entities and businesses. If you're an individual, the minimum account size at GYL is $1 million. Institutional clients are held to a $10 million minimum requirement.

This firm has a wide range of certifications across its staff. These include eight certified financial planners (CFPs), four certified investment management analysts (CIMAs), three certified public accountants (CPAs), two accredited estate planners (AEPs), one certified divorce financial analyst (CDFA) and more.

GYL is a fee-only advisory firm, meaning the entirety of its compensation comes from client-paid fees. (That's different from a fee-based firm, which may also receive payments from other sources, such as commissions for insurance sales.)

GYL Financial Synergies also claims the No. 2 spot on our list of the top financial advisors in Connecticut.

GYL Financial Synergies Background

Founded in 2016 by CEO Gerald Goldberg, president of private wealth services Jonathan Yolles and senior wealth advisor Martin Resnick, GYL Financial Synergies is a relatively young firm. The trio of co-founders has almost 80 years of financial services experience. The firm is a wholly owned subsidiary of Focus Operating, LLC, which in turn is a wholly owned subsidiary of Focus LLC.

The firm provides investment management and financial planning services, including retirement planning, risk management, cash flow planning and more. Its investment management services are available on both a discretionary and non-discretionary basis, meaning some clients give GYL full authority to manage their account, while others require the firm to consult them when making portfolio decisions. 

GYL Financial Synergies Investment Strategy

Advisors at GYL Financial Synergies begin each relationship by defining your goals and expectations. Based on this input, your advisor will then craft an investment strategy and portfolio that fit your risk tolerance, time horizon, income requirements and more. Each client has the right to make amendments to their investment plan at any time.

The firm looks to ensure your portfolio is constantly balanced and in line with your preferences. While advisors do adhere to these guidelines, the firm tends to pursue long-term strategies based on asset allocation rather than market timing and stock picking methods. It does this through Modern Portfolio Theory (MPT), which seeks to optimize the balance between risk and expected returns.

Private Capital Group, LLC

Private Capital Group (PCG) is next on our list. The advisory team includes four certified financial planners (CFPs), one certified investment management analyst (CIMA), one accredited investment fiduciary (AIF), one certified public accountant (CPA) and one chartered mutual fund counselor (CMFC). (Advisors can have more than one credential.)

The firm's client base consists primarily of individuals with and without a high net worth. The firm also works with pension plans, profit-sharing plans and corporations. To open an account with PCG, you'll need at least $500,000 in investable assets. This minimum is adjustable and waivable under certain circumstances.

Some of this fee-based firm's advisors can earn commissions from the sale of specific securities or insurance products. While this has the potential to present a conflict of interest, the firm is a fiduciary, and is therefore legally obligated to act with your best interest in mind.

Private Capital Group Background

Benjamin Kille co-founded PCG in 2003 and is currently the principal owner. Prior to starting the firm, he worked at CIGNA/Lincoln Financial Services for 15 years.

PCG provides a range of financial services, including asset allocation strategies, cash flow analysis, tax planning, estate planning, investment management, retirement plans, endowments and more. The firm manages all assets on a discretionary basis.

Private Capital Group Investment Strategy

The three main principles of PCG's investment strategy are "disciplined management," "investment philosophy" and "investment research." The firm uses fundamental, technical and charting methods of analysis when deciding how to invest your money. Advisors utilize long- and short-term purchases, as well as trading and margin transactions, to help drive returns in client portfolios.

Portfolios usually consist of many different types of investments, including mutual funds, exchange-traded funds (ETFs), individual fixed-income holdings, individual equities and alternative investments. Advisors may use other securities when they see fit. Like many firms, PCG takes into account the financial objectives of each client when crafting individual portfolios, including their risk tolerance, time horizon and liquidity needs. 

Fierston Financial Group Inc

Fierston Financial Group, another fee-only firm, works almost entirely with individual clients, both with and without a high net worth. However, it also counts some pension and profit-sharing plans, businesses and charitable organizations among its client base. 

The minimum account size at Fierston is $1 million, but can be negotiated. As a fee-only firm, Fierston only receives fees directly from clients. This is markedly different from a fee-based firm, which receives commissions and other transaction-based forms of payment from outside sources. By eschewing such commission-based compensation, a fee-only firm can avoid many conflicts of interest.

Fierston's team of advisors includes two certified financial planners (CFPs) and two certified public accountants (CPAs).

Fierston Financial Group Background

Fierston Financial Group was founded in 1989 by David and Seth Fierston, but Brian Fierston joined the firm two years after its inception. Today, Brian and Seth are the firm's principal owners and act as co-presidents. David Fierston is a certified public accountant (CPA), Brian Fierston is a certified financial planner (CFP) and Seth Fierston is both a CFP and a CPA.

The firm provides a relatively standard range of services, from investment management to financial planning and consulting on a wide range of topics. The firm can help clients with estate planning, retirement planning, insurance planning, philanthropic planning, tax planning and more.

Fierston Financial Group Investment Strategy

Fierston Financial Group develops portfolios for each of its clients based on their individual needs and preferences, but clients are able to impose reasonable restrictions as to how their money is managed. Advisors create and supervise client accounts based on their time horizon, risk tolerance and more.

Fierston incorporates the principles of Modern Portfolio Theory (MPT) into its investment strategies, which are typically geared for the long term. The firm emphasizes an effective and efficient asset allocation strategy rather than trying to time markets to produce short-term gains. Advisors look to diversify portfolios using mainly mutual funds, and it does not support frequent trading.

Mullaney Keating & Wright Inc

The final firm on our West Hartford list is Mullaney Keating & Wright. To become a client, you'll need to have at least $1 million in investable assets, though this requirement is negotiable.

This firm provides its services to a client base consisting mainly of individuals, some of whom have a high net worth. The firm also works with a small number of pensions, profit-sharing plans and charitable organizations. 

Mullaney Keating & Wright is a fee-only firm. This means that its only compensation comes from client fees, not commissions for selling third-party products or services. 

Mullaney Keating & Wright Background

Mullaney Keating & Wright opened its doors in 1997. However, its predecessor firm, Mullaney & Associates, was founded in 1994. President and director Thomas F. Mullaney Jr., Anthony V. Lynch IV and Francis C. Carpentier are the firm's three owners. Carpentier is a certified financial planner (CFP).

This firm provides asset management services through discretionary and non-discretionary portfolio management. The firm also provides financial planning services in relation to financial goals, taxes, cash flow, investments, insurance, retirement, death, disability and estate planning. 

Mullaney Keating & Wright Investment Strategy

Mullaney Keating & Wright tailors its investment strategies to the individual needs of each client. This involves completing an overview of their time horizon, risk tolerance, liquidity requirements and more. In analyzing potential stocks for client portfolios, the firm uses  fundamental, technical and mutual fund/exchange-traded fund (ETF) methods of analysis.

The firm tends to pursue strategies that incorporate long-term purchases and option writing. Investment recommendations are wide-ranging, and may include mutual funds, ETFs, certificates of deposit (CDs), municipal securities and more.

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