10 Best Financial Advisors in Jacksonville (for 2019)

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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.

Although Florida is most well-known for cities such as Orlando, Tampa, and Miami, Jacksonville is actually the largest city in the state. It has a vibrant economy and it is a center of commerce in the region. Additionally, financial advisors (whether working individually or under the banner of a firm) can be found all over the city, and most will promise to make you wealthier. Yet not all of them can deliver on that promise.

To make sure you’re working with someone who will make your portfolio grow and increase your net worth, we’ve looked at all the financial advisory firms in the region and picked our top five.

Editor’s Note: Complete the advisor quiz below to get matched with the best advisor for you:

10 BEST FINANCIAL ADVISORS COMPARED (2019)

There are 57,657 financial advisors in the USA in 2019. Complete our advisor quiz to find the best one for you.

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Below you can find our choices along with a summary of the types of services you can expect from each.

1) Madden Advisory Services

Although run by a small team of just three advisors, Madden Advisory Group is one of the best financial groups in the area. This is due to their customized approach to help you grow your wealth and manage your finances.

Part of the reason Madden Advisory Services can do this is because the first step in their process is to address suitability. They want to understand your needs, and then they want to explore how well they can meet those needs. If your goals are not in line with the services they provide, then they won’t try to fool you otherwise. They have a few certified financial planners (CFPs) and a chartered financial analyst (CFA) who will work in your best interest.

If it’s a good fit, then you will move onto the next step, which involves reviewing your current finances, developing goals and objectives, designing and implementing a plan, and finally regular reviews of your plan. Madden Advisory Services offers these financial services:

  • Asset management
  • Retirement planning
  • Estate planning
  • Insurance planning
  • Charitable planning
  • Education planning
  • Small business retirement benefit planning

2) Sanchez Wealth Management Group

Sanchez Wealth Management Group is a great option for those looking to invest a little more money – at least $100,000 – and it’s also ideal for those who are willing to take on a bit more risk to grow their portfolio. This isn’t to say that Sanchez Wealth Management Group will be casual with your money, but their approach is one that’s designed to be slightly more aggressive so that you can achieve your goals a bit faster than if you were working with another firm. They might be best for business owners or fellow financial professionals.

To balance this, though, the Sanchez Wealth Management Group will also work to diversify your portfolio. This provides a nice balance, and over the years the Sanchez Wealth Management Group has been able to be successful with this investment strategy.

The specific planning services offered by the Sanchez Wealth Management Group are:

  • Investment management
  • Comprehensive financial planning
  • College planning
  • Insurance and real estate planning
  • Generation wealth transfer

3) Riverplace Capital Management, Inc.

As a full-service financial advisory firmRiverplace Capital Management, Inc. is a great option for those looking to invest more than $100,000 (the account minimum). They currently manage over $150 billion in assets, and they consistently outperform the market in all investment areas. Even when the market takes a downturn, Riverplace Capital Management can minimize the damage with their years of experience.

They do this by taking a highly-quantitative approach to investment. They use a matrix of analysis that allows them to look at the overall market, which makes it easier for them to identify areas of growth. They then seek out individual opportunities in these areas where you can invest.

From this process, Riverplace Capital can identify opportunities for investment, but before they recommend it to you, they put each investment through a financial screening process which helps ensure it is up to a high standard. Lastly, the firm’s business experts do a qualitative review of each one to make sure it is a sound business in which you should invest. In addition to these investment management services, Riverplace Capital also does:

  • Small business advising
  • Money management
  • Retirement planning
  • Financial planning
  • Real estate advising
  • Tax planning and protection

4) Jax Wealth Advisors

For those looking for an advisor with specific experience in retirement planningJax Wealth Advisors is most likely the option for you. They do offer a wide range of services, but nearly all are designed to help you come up with a financial plan so that you can retire in comfort and security.

Because of their attention to retirement and things such as social securityJax Wealth Advisors will also help you better understand your financial situation. They won’t just tell you what to do but rather explain to you why it’s the right move and what it is you’re doing with your money. This will make it easier for you to understand the process, and as a result, you can become a more proactive player in your financial future.

Jax Wealth Advisors drives results with their disciplined process designed around understanding your goals and developing a specific plan to help you reach them. They aim to build ongoing relationships, and because the team is small, you can expect to work with the same individual advisor for the duration of your time as a client. Services offered include:

  • Retirement planning
  • Financial planning
  • Trust and estate planning

5) Wealth Enhancement Group

As the name suggests, Wealth Enhancement Group is focused on making you richer. They do this with a comprehensive approach – which they call UniFi – that starts with collecting and organizing your financial information, devising a plan, and then guiding you through the implementation of this plan.

The reason this works, though, is because the Wealth Enhancement Group makes sure your plan covers all your financial needs. They are not interested in just asset allocation, low-, mid-, or hi-cap investments, or insurance, but rather a combination of everything, and they have a large team of experienced professionals who are able to help you come up with a plan that’s going to work.

This multi-faceted approach is effective because it makes sure you have more than one way of achieving your goals. We all know how volatile the market can be and you may want some cash flow available, but Wealth Enhancement Group will set you up with a strategy that will help you overcome this uncertainty and achieve your financial goals faster. Services offered include:

  • Financial planning
  • Investment management
  • Retirement income planning
  • Estate planning
  • Insurance
  • Tax strategy planning

Editor’s Note: Complete the advisor quiz below to get matched with the best advisor for you:

10 BEST FINANCIAL ADVISORS COMPARED (2019)

There are 57,657 financial advisors in the USA in 2019. Complete our advisor quiz to find the best one for you.

Step 1 of 16

6%
  • (Your zip ensures quotes are as accurate as possible for your area)

Conclusion

Jacksonville offers a wide range of options when it comes to financial advisory services. We hope that by looking at the above options, you will have a better idea of what you’re looking for. Each one offers something different, but you can expect great results and high-quality service no matter which one you choose. There’s nothing stopping you from getting some phone numbers and calling one of them today!

Ryan Friend

Ryan Friend

Ryan Friend

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