West Virginia is a state that is famous for its beautiful mountains and history in the coal industry. However, in addition to its beauty, West Virginia is also home to some excellent financial advisors. Working with a premium financial advisor in West Virginia can help you to get ahead financially, and we highly recommend successful individuals like yourself consider working with one. If you’re worried about which one to pick, that’s exactly why we’re here.
Here are West Virginia’s top financial advisory firms:
- Ironwood Wealth Management
Ironwood Wealth Management is a wealth advisory firm that is based in Hurricane, West Virginia. This company is headed by John D. Williams, CFP. There is no minimum family income to work with Ironwood Wealth Management, but certain clients must have at least $100,000 in an account.
The firm is named after the Ironwood tree, a tree that is known for being extremely strong, durable, and steady. The firm models its financial plans after this tree. Ironwood Wealth Management can provide you with the following financial services: investment management, retirement planning, and 401k assistance. The firm can also help you with keeping your finances stable during major life events such as a career change or the birth of a new child.
You can expect the following working with Ironwood Wealth Management:
- Investments that are centered around long-term, stable growth
- Investing fundamentals being far more important than market timing
- A thorough conversation with a financial planner to understand your entire financial picture
- Bennon & Thorpe LLC
Bennon & Thorpe LLC is a financial advisory firm that is located in Parkersburg. This company is headed by Douglas R. Thorpe, CLU, ChFC, CFP, and Christopher W. Bennon, Financial Advisor. There is no household minimum income and no set minimum account requirements to work with Bennon & Thorpe.
In terms of payment, Bennon & Thorpe receives both commissions and fees. So, this could potentially make them have conflicts of interest when they are selling you insurance products.
The company does comprehensive financial planning that encompasses your entire financial situation, but it also provides investment management, insurance planning, and estate planning services.
You can expect the following working with Bennon & Thorpe:
- Accessibility and experience working with everyday people
- Assistance regarding partnerships with lawyers, accountants, trusts, banks, and other potential partners
- Highly customized financial plans
- Childers Financial Planning
Childers Financial Planning is a financial advisory firm that is based in Bridgeport, West Virginia. This firm is run by Bill S. Childers, CFP, who is a very experienced financial planner, and can provide expert financial advice. He can assist you with planning your child’s education, investment management, estate planning, tax planning, long-term care insurance, mutual funds, and more.
There’s no set account minimum to work with them, making them great for the average individual or family. You should also note that Childers has licenses to sell life insurance, health insurance, property/casualty insurance, fixed annuities, and variable annuities.
You can expect the following working with Childers Financial Planning:
- Long-term relationships built on trust
- Expertise on a variety of insurance topics
- Comprehensive financial planning that prioritizes your financial goals with respect to your risk tolerance and liquidity needs
- Mission: Advice
Mission: Advice is based in Shepardstown and headed by Thomas Patrick Maiden, Jr. CFP. There are no minimum requirements to work with the firm, making them a more accessible choice for most households.
Thomas Patick Maiden Jr. creates investment portfolios for clients that are focused more on long-term sustainability and steady growth than on short-term gains made from market timing. As such, he typically will hold assets in your portfolio for at least one year. This firm commonly invests in stocks, bonds, mutual funds, and ETFs.
You can expect the following working with Mission: Advice:
- A fee-based compensation style in which the company is compensated from fees you pay them and from commissions they make
- A long-term investing strategy
- Comprehensive financial planning that takes into account many different aspects of your financial life
- Hall Financial Advisors, LLC
Hall Financial Advisors, LLC managed primarily by Chris Hall, is another excellent choice. This firm has 8 financial advisors on its well-qualified staff, and Chris Hall himself is one of the nation’s leading financial advisors and was named in the Financial Times’ top 400 financial advisors (out of about 200,000 potential candidates).
In addition to investment portfolio management, Hall Financial Advisors, LLC also provides financial advice regarding fixed income, estate planning, trusts, education planning, retirement planning, and a number of other topics. The company looks for solid long-term investments in order to help you accumulate increasing levels of wealth over many years.
You can expect the following working with Hall Financial Advisors, LLC:
- A fee-based compensation structure
- Investment choices that are based on extremely thorough research
- An emphasis on diversification to reduce risk
Many people attempt to do financial planning themselves. However, when you try to do financial planning yourself, it can take up a lot of time and effort. If possible, it is far easier to simply let the experts handle your financial planning so that you can focus on your job and passions. Any of these financial advisors can provide you with a sound financial plan that can take the burden off your shoulders and set you up properly for retirement. We wish you the best of luck on your future fiscal endeavors.