Best Financial Advisors for Memphis

Article Approved By Banking Expert

This article has been reviewed and deemed factual by our content auditor with 8 years of banking experience.

Article Approved By Banking Expert

This article has been reviewed and deemed factual by our content auditor with 8 years of banking experience.

The home of the blues and the birthplace of rock and roll, Memphis is also an economically growing city, and home to FedEx, AutoZone, and International Paper Co. Industry creates over 600k jobs for the residents of Memphis, making it a city filled to the brim with opportunity. Yet once you find your success, it can be difficult to protect and manage your wealth. This is where a financial advisor comes in, and fortunately, there are many excellent firms operating in the city. We investigated them for you.

Here are our top five choices for financial advisory firms in Memphis, Tennessee:

Green Square Capital

Our top pick is Green Square Capital, with over $2.93 billion in assets under its management. Large in staff, the firm has been in business since 2001 and mostly serves high-net-worth individuals and wealthy families.

They offer services that include institutional asset management, family office services, and wealth advisory services. For each of their primary services, they provide additional tailored assistance to ensure you get the desired results while working with them. For instance, wealth advisory clients get access to portfolio rebalancing, tax reporting, web-based reporting, and investment commentary services.

Green Square Capital is a fee-based firm that has no minimum account requirement to work with them:

You can expect the following working with Green Square Capital.

  • Additional services for each of the firm’s main offerings.
  • A firm that’s designed to work with wealthy families and high-net-worth individuals.
  • A team of professionals who will never sacrifice the quality of their customer service.

Legacy Wealth Management

Legacy Wealth Management is the oldest firm on the list and has been around since 1982. They have more than $1.25 billion in assets under its management. It’s a firm that advocates for globally diversified portfolios and working with them allows you access to global options and advice.

They have been in the business of financial planning for over 35 years, providing customized services to their clients. Services offered include retirement and income planning, estate planning, stock option planning, charitable planning, gift planning, insurance planning, education planning, and tax planning.

Legacy Wealth Management is a fee-only firm that has a $500,000 minimum account requirement to work with them.

You can expect the following working with Legacy Wealth Management:

  • A goal-focused firm.
  • Regular portfolio reviews.
  • A large staff that puts their client first by treating them with respect and care.

Reliant Investment Management

With over $980 million in assets under its management, Reliant Investment Management deals with high-net-worth individuals, corporations, charitable organizations, pension plans, and government entities. It’s a firm that concentrates on providing investment consulting and investment management services to its wide range of clients.

They provide information in a clear and visual way to their clients by using charting, technical analysis, and fundamental analysis. They do this in the hope to be more transparent with their clients; this is a firm you can trust with your assets.

Reliant Investment Management is a fee-only firm that has a $500,000 minimum account requirement to work with them.

You can expect the following working with Reliant Investment Management:

  • The use of independent research alongside time-proven investment strategies.
  • Visual representations and projections of your portfolio and investments.
  • Responsive and confident advisors.

Summit Asset Management

Founded in 1991, Summit Asset Management provides financial advice and investment services to its clients and has more than $571 million in assets under its management. The firm is the second oldest firm on the list and provides unbiased advice to their clients, many of whom have unique financial situations. They serve individuals, families, non-profits, and businesses.

They create a connection between financial planning and investment management services by involving their clients in the process. They also go back to the community for more information. They apply in-depth institutional knowledge to each client’s specific needs.

Summit Asset Management is a fee-only firm that has a $500,000 minimum account requirement to work with them.

You can expect the following working with Summit Asset Management:

  • A heavy focus on just investment management and financial planning, ensuring that their advice is excellent.
  • Experience working with people from all walks of life.
  • A firm that will involve you heavily in the process.

Kelman-Lazarov, Inc

A firm that has been in business since 1993, Kelman-Lazarov, Inc has nearly $425 million in assets under its management. They employ plenty of advisors and have specialists in quite a few fields. All you need is to talk with the consultation team, and you’ll be referred to their best advisor in the field of your interest.

The services they offer include financial planning, investment management, retirement planning, estate planning, tax planning, and insurance analysis. They use a hands-on approach and will tailor their advice towards your needs and goals.

Kelman-Lazarov, Inc is a fee-based firm that has no minimum account requirement to work with them.

You can expect the following working with Kelman-Lazarov:

  • A wide range of knowledge among their advisors.
  • A hands-on approach.
  • A variety of strategies that can be employed depending on the needs of the client.

Conclusion

You and your family deserve the best life possible in Memphis, without the worries that come with managing your wealth. That’s why you need to work with a top financial advisory firm that will be a perfect fit for you and your family. This can be a difficult choice, but a little more research can go a long way. The final decision is yours to make.

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.