Finding the Top Financial Advisors in Winter Park, Florida
The search for a financial advisor can be challenging and time consuming. Finding one that best fits your needs takes more than a simple Google search. You must also dig through long and complex financial and disclosure documents to make sure the advisory firm has lived up to its code of ethics and can provide quality service. But don’t worry. The team at SmartAsset did all the hard work for you to bring you the top financial advisor firms in Winter Park, Florida. We cover key details like services offered, minimum investments, fee structures and more. SmartAsset's free financial advisor matching tool is another option for those looking to work with a local advisor.
|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||Water Oak Advisors, LLC Find an Advisor||$2,246,113,015||Varies based on account type|| || |
Minimum AssetsVaries based on account type
|2||RiverTree Advisors, LLC Find an Advisor||$158,924,754||No set account minimum|| || |
Minimum AssetsNo set account minimum
|3||BARR Financial Services, LLC Find an Advisor||$147,463,893||No set account minimum|| || |
Minimum AssetsNo set account minimum
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|4||Matthias Private Wealth, LLC Find an Advisor||$127,255,456||$5,000,000|| || |
How We Found the Top Financial Advisors in Winter Park, Florida
We first compiled a list of all financial advisor firms in Winter Park that are registered with the Securities Exchange Commission. This government entity monitors the advisory space to make sure advisors are living up to their standards and laws around consumer protection. We then removed firms that have faced disciplinary action in the past 10 years. We also eliminated advisory groups that did not provide financial planning or whose client base was less than 50% individual accounts. Finally, we ranked what was left on the list, from largest to smallest, based on assets under management. All information is accurate as of the writing of this article.
Water Oak Advisors
Water Oak Advisors (WOA) is a financial planning and investment advisory services firm in Winter Park. The firm works primarily with high-net-worth individuals, but also works with non-high-net-worth individuals. It can advise you on related trusts, estates and other accounts. The firm also offers services to charities, pensions, profit sharing plans and businesses.
To open an individual investment portfolio with WOA, you’d generally need a minimum investment of $1 million, though other accounts carry other minimums.
When you work with WOA, you’d have access to several certified financial planners (CFPs) and chartered financial analysts (CFAs). The firm works on a fee-only basis. This means it collects fees from you solely based on the services it provides to you. So it doesn’t collect commissions and other fees from third parties for making certain recommendations or selling specific investment products.
Water Oak Advisors Background
WOA can trace its roots back to 1996 when it opened as Capital Management Group under its current president, Clarke Lemons. The firm adopted its new name in 2006. WOA specializes in financial management, goal planning, estate management and tax preparation. It also offers managed portfolio services.
Water Oak Advisors Investment Strategy
WOA applies model portfolios based on factors such as your risk tolerance, current financial situation and long-term investment goals. To diversify your investments, the firm may allocate your assets among stocks, bonds, mutual funds and exchange-traded funds (ETFs). It also utilizes exclusive, institutionally priced funds.
RiverTree Advisors works with non-high-net-worth individuals, high-net-worth individuals, pensions and profit-sharing plans. This is a fee-only firm.
You don’t need a minimum investment to start a relationship with RiverTree. The firm is a fee-only financial advisory firm. It charges asset-based fees for investment management services or hourly or fixed fees for financial planning services. It doesn’t earn commissions or other payments from third-party companies or advisors.
RiverTree Advisors Background
RiverTree formed in 2013 and is owned by Theodore Rich, the firm’s principal. Rich has been in the financial services industry for more than two decades. The firm features a small staff, including Rich, and utilizes the expertise of several external professionals to render a full suite of financial planning and investment management services.
These can include the following:
- Business planning
- Cash flow management
- Retirement planning
- Investment management
- Estate planning
- Charitable giving
- Charitable giving
RiverTree Advisors Investment Strategy
RiverTree seeks to create diversified portfolios by taking advantage of a globally diversified investment strategy. Its investment mix generally consists of mutual funds and exchange-traded funds (ETFs) that aim for domestic and international exposure. The firm relies on internal research in selecting these funds and other securities.
These mutual funds typically are built with balanced domestic equity, fixed-income, alternatives and international equity as well as cash and cash equivalents.
BARR Financial Services
BARR Financial Services works with individual clients, including those both with and without a high net worth, estates, trusts and corporations. You don’t need a minimum investment to establish a relationship with the firm. In fact, most individual clients fall outside the scope of high net worth.
When you work with the firm, you generally will have access to professionals with many distinct financial certifications. President and Co-Founder Kirk Barr Young is a certified financial planner (CFP), chartered financial consultant (ChFC), registered financial consultant (RFC), chartered life underwriter (CLU), certified senior advisor (CSA), certified estate planner (CEP) and certified divorce financial analyst (CDFA).
BARR Financial is a fee-only firm. This means that representatives don't receive third part commissions of any kind.
BARR Financial Services Background
Kirk Barr Young founded the firm in 2000, lending his middle name to it. The practice can establish a long-term financial plan that covers several aspects of your financial life, including retirement savings, estate planning, investment management, senior living, divorce-related financial concerns and more.
BARR Financial Services Investment Strategy
BARR Financial Services builds investment portfolios based on the client’s individual circumstances such as time horizon, investment goals and risk profile. It uses mutual funds, exchange-traded funds and individual securities.
The firm may engage in the following strategies:
- Long-term purchases: generally involve the acquisition of an investment instrument and holding it for a period of at least one year
- Short-term purchases: generally involve the acquisition of an investment instrument and holding it for a period of not more than one year
- Margin trading: generally involves purchasing securities with funds borrowed from the firm that holds your brokerage account
Matthias Private Wealth
Matthias Private Wealth is a fee-only firm and comes in last on our Winter Park list of top financial advisors.
To open an account with this boutique firm, you’d need a minimum account size of $5 million. The firm primarily works with high-net-worth individuals. It also works with individuals without a high net worth, charities and businesses.
Matthias Private Wealth Background
Richard R. Matthias formed the firm in 2017 and remains its sole owner. The practice provides portfolio management and a wide array of financial planning services such as estate planning, charitable giving, tax planning and bookkeeping.
Matthias Private Wealth Investment Strategy
The firm seeks to construct diversified portfolios, taking into account several factors such as client time horizon, risk appetite and long-term goals. Matthias Private Wealth typically invests client assets along common stock, private placement securities, bond funds and other fixed-income securities as well as mutual funds and exchange-traded funds (ETFs).
Its securities selection process is mainly driven by fundamental analysis, which involves researching publicly available financial and market information. When evaluating equities, the firm may consider the following factors:
- Financial strength ratios
- Price-to-earnings ratios
- Dividend yields
- Growth rate-to-price earnings ratios