Whether you’re looking to settle down in the city after finding some success or you have been there all your life, there is a place for you in Montgomery, Alabama. And while you are enjoying the area and some of the revitalization that has occurred there, we don’t want you to forget about your wealth and what it can do for you. Better yet, we think you should consider letting a trained professional help you as opposed to making it your full-time job. Fortunately, there are plenty of advisors ready to help you around the area.
We would like to note here that Montgomery is a special case as we did not find any firms in the city limits that meet our qualifications. However, we have rounded up the best in Alabama for you to choose from.
Here are our top five choices for financial advisory firms for Montgomery, Alabama:
1) Warren Averett Asset Management
Based in Birmingham (although they have a Birmingham office), with over $2.5 billion in assets under management, Warren Averett Asset Management is one of the biggest firms operating in Alabama, and they are able to accommodate needs of all types. No matter where you want to take your wealth, they have a plan ready for you. They’ll utilize the full potential of their team of experts to ensure stability and growth, regardless of whether you’re looking for family help, individual management, or organizational support.
Their investment strategy focuses heavily on fundamental and technical analysis of potential assets and will use different portfolio models for your assets based on your situation and goals.
Warren Averett Asset Management is a fee-only firm that requires that you have $1 million in investable assets.
You can expect the following working with Warren Averett Asset Management:
- Comprehensive planning and investment management services meant for women.
- An excellent family office that will help maintain generational wealth.
- Tax and estate services offered if wanted.
2) Leavell Investment Management
Second is the more accessible Leavell Investment Management, based out of Mobile with more than $1.8 billion in assets under their management, with a client base that has been built up since 1979. They work with individuals, families, businesses, and other types of organizations in order to help them achieve their financial goals.
As investors, Leavell focuses heavily on diversification of your portfolio in order to minimize risk. This only serves their focuses of retirement and education planning.
Leavall Investment Management requires that you have $5,000 in investible assets to work with them.
You can expect the following working with Leavell Investment Management:
- Developing international investment options for people who might be interested in increased diversification.
- A well-defined decision-making process to ensure careful judgment is used for all portfolios.
- A large and friendly staff ready to help.
3) Arlington Family Offices
A firm that is extremely and will only be accessible to the wealthiest of readers in Montgomery, Arlington Family Offices is a Birmingham-based firm that is focused heavily on those exclusive clients. With over twenty years of experience and $1.5 billion in assets under management, they have offices throughout the Southeast and have plenty of different experts in their respective fields working for them.
It is difficult to say that they have a specific investment strategy, as they are focused on their clients to the degree that each strategy will at least be partially custom-built around your family’s goals and long-term objectives.
Arlington Family Offices is a fee-based firm that requires that you have $5 million in investable assets for individual services, with more for family or household services.
You can expect the following working with Arlington Family Offices:
- An approach that takes generational concerns into account.
- A high level of independence. You can trust their advisors to remain completely unbiased in their recommendations.
- A focus on tax considerations on top of the usual financial and investment concerns.
The fourth choice for Montgomery, Bridgeworth (based in Birmingham) is a financial advisory firm with more than $1.2 billion in assets under management. Based on their service offerings, they are an excellent choice for families and working professionals hoping to leave the financial decision making in capable hands. They have over a decade of experience as a company, and their advisors are some of the best in the area.
They focus heavily on client needs when determining a strategy and will take more time than most firms gathering data and interviewing you to make sure the plan is perfect.
Bridgeworth is a fee-based firm that requires that you have $25,000 to $100,000 in investible assets.
You can expect the following working with Bridgeworth:
- Regular reports and reviews as to your assets.
- A heavily formal financial planning process to make sure no step is missed.
- Extremely experienced leaders and financial planners.
5) Kassouf Wealth Advisors
With $300 million in assets under management, Kassouf Wealth Advisors is a firm that’s good for high net worth individuals and others alike. They offer retirement planning, investment services, education planning, estate planning, and other services. They do this with a small but focused team of well-qualified professionals.
Kassouf Wealth Advisors primarily works with modern portfolio theory and as such will focus on diversification of your portfolio as the main strategy.
Kassouf Wealth Advisors is a fee-only firm that requires that you have a minimum account balance with them of $150,000.
You can expect the following working with Kassouf Wealth Advisors:
- A heavy focus on your level of risk tolerance
- Services provided to organizations and retirement plans as well as individuals.
- A willingness to build a relationship with their clients.
Wealth can last for generations in Alabama, but it’s your responsibility to make sure that you build your portfolio and make sure it lasts well into the future. With the help of a qualified financial advisor, you can make sure this is the case while still enjoying everything you love about your wealth. We understand that finding an advisor within city limits can be tough, but calling or making a short trip a few times a year is well worth the benefits the best advisors can bring. We hope you find a good partner for your financial endeavors soon.