Best Financial Advisors for Ohio

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.

Ohio is a blooming state, especially when it comes to its manufacturing industries which have created many jobs and investment opportunities. The state has had a remarkable history of being home to successful people who have achieved a lot in their life. You can also take advantage of the state to grow your wealth and achieve greater financial success. All this is possible by having all your finances reviewed or managed by a top financial advisor in Ohio.

Here are our top five choices for financial advisory firms in Ohio:

Fort Washington Investment Advisors, Inc

Our top pick, with a massive $54.5 billion in assets under management, is Fort Washington Investment Advisors, Inc. They primarily work with high-net-worth individuals, but they also work with investment companies, insurance companies, pension and profit-sharing plans, pooled investment vehicles, charitable organizations, and other organizations.

They have been in business since 1990, providing services that include wealth management, institutional advisory services, and investment advisory services. You can expect unbiased advice from their team of qualified advisors who have experience with just about every situation when it comes to financial planning and investment management services.

Fort Washington Investment Advisors, Inc is a fee-based firm that has a $500,000 minimum account requirement to work with them.

You can expect the following working with Fort Washington Investment Advisors:

  • A variety of strategies for clients of different dispositions.
  • A team of advisors that provide honest and transparent advice followed by excellent customer service.
  • A firm that gives back to its clients and community by supporting local causes.

Bahl & Gaynor Investment Counsel

With more than $11.6 billion in assets under its management, Bahl & Gaynor Investment Counsel is another firm that works with high-net-worth individuals and institutional clients such as charitable organizations, state or municipal government entities, and others.

They seek to provide financial and investment advice that’s geared to take advantage of your dividends to grow your income. They do this by offering personal and customized financial guidance to their clients. In return, you can expect portfolios with reduced uncertainty, boosting confidence in your financial futures.

Bahl & Gaynor Investment Counsel is a fee-only firm that has a $750,000 minimum account requirement to work with them. You’ll also be required to pay a minimum annual fee of $7,000.

You can expect the following working with Bahl & Gaynor Investment Counsel:

  • A team of advisors structured to meet as well as exceed every client’s expectations.
  • A firm that focuses on dividends to grow your income in unpredictable markets.
  • A firm that participates in charitable functions.

Johnson Investment Counsel, Inc.

The oldest firm on our list that has been around since 1965, Johnson Investment Counsel, Inc. has more than $10.4 billion in assets under its management. They have a large staff of qualified advisors at their disposal who can handle any projects thrown at them. The firm works mostly with non-high-net-worth individuals, but also works with businesses, investment companies, government entities, trusts, estates, charitable organizations, and pension and profit-sharing plans.

They work as a group instead of providing a single advisor to manages each client’s portfolios. This ensures that you receive several pieces of advice on the same portfolio from a group of advisors. Therefore, you can benefit from the entire teams’ experience and knowledge.

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

You can expect the following working with Johnson Investment Counsel:

  • A firm that has built lasting partnerships with its clients by offering exceptional services.
  • A team of advisors with vast institutional experience.
  • The facilitation of charitable giving through its selected gift funds.

Mai Capital Management, LLC

The second oldest firm on our list that has been in business since 1973 and specializes in working with sports professionals and senior business executives. Mai Capital Management, LLC has more than $4.7 billion in assets under its management. Apart from working with high-net-worth individuals, the firm’s client base includes endowments, foundations, S corporations, trusts, and pension and profit-sharing plans. Be sure to note that it was formerly known as Investment Advisors International, Inc.

They use a long-term approach on their client’s portfolios, taking market timing into consideration, to ensure they create portfolios that achieve significant returns. They try as much as possible to avoid short-term strategies that hold more risk.

Mai Capital Management, LLC is a fee-based firm that has a $500,000 minimum account requirement to work with them.

You can expect the following working with Mai Capital Management:

  • A mindset that is always focused on your long-term financial security.
  • Follow-up calls from their qualified advisors to ensure your portfolios are on the right track.
  • Additional services such as philanthropic gift planning and tax planning.

Clearstead Advisors

Founded in 1989 as Hartland & Co., this firm changed its name in 2018 to Clearstead Advisors and has about $3.2 billion in assets under its management. It’s another firm that mainly works with high-net-worth individuals as compared to non-high-net-worth individuals. They also offer their services to retirement funds, nonprofit and profit organizations (operating funds), endowments, and foundations.

They combine both active as well as passive investment strategies to create portfolios with a reduced level of market volatility. They do this by concentrating on controlling risk, and this strategy enables the firm to exploit ample opportunities as they arise to provide its clients with stable, long-term income growth.

Clearstead Advisors is a fee-based firm that has no set minimum account requirement to work with them.

You can expect the following working with Clearstead Advisors:

  • They provide steadfast clarity in their advice for all your complex financial situations.
  • A willingness to use a variety of strategies based on the needs of the client.
  • A high ethical and professional standard for all their advisors.

Conclusion

There is no shortage of quality firms in Ohio, and this certainly shows that you can always find a firm that can handle just about any problem you might have to work with. We have made the search easier by providing you with our top five choices. However, we urge you to perform extensive research on each firm to ensure it conforms to all your needs. We wish you nothing else but luck in your financial future.

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