What are some popular services for financial advising?

A financial advisor in Newton, MA can provide a wide range of financial advising services to help clients achieve their financial goals. From retirement planning to investment management, a financial advisor can offer personalized advice based on an individual's unique financial situation. In Newton, MA, a financial advisor can also provide specialized services to clients in the tech industry, which is a booming sector in the area. With a deep understanding of the tech industry and its financial complexities, a financial advisor can help tech professionals navigate the stock options, equity compensation, and other financial considerations that come with working in the tech industry. Additionally, a financial advisor can help clients in Newton, MA plan for the high cost of living in the area, which can be a significant financial burden for many. Overall, a financial advisor in Newton, MA can provide invaluable financial advice and guidance to help clients achieve their financial goals and navigate the unique financial landscape of the area.

What are people saying about financial advising services in Newton, MA?

When it comes to seeking financial advising, Newton, MA is undoubtedly one of the best places in the country. With its thriving economy and abundance of financial institutions, it provides a plethora of options for people looking to manage their finances. However, what truly sets Newton apart is its strong focus on education and community involvement. The city boasts a top-rated school system, which has cultivated a population of well-educated and financially literate individuals. This, in turn, has created a community that values financial responsibility and seeks out expert advice to make informed decisions. Additionally, the city hosts numerous financial seminars and workshops throughout the year, providing residents with access to the latest industry insights and strategies. With its combination of a robust economy, knowledgeable population, and dedication to education, Newton, MA is undoubtedly the best place to get financial advising.

What does a financial planner do?

A financial planner in Newton, MA is a professional who helps clients manage their money and achieve their financial goals. This includes analyzing their current financial situation, creating a customized plan, and providing ongoing advice and support. Newton, MA is a city that is known for its affluent population and high cost of living. As such, financial planners in this area must be well-versed in managing large sums of money and navigating complex financial situations. They must also have a deep understanding of the local market and economic trends, as well as the unique needs and goals of their clients. Whether it's helping a family plan for their children's education or guiding a retiree through their golden years, a financial planner in Newton, MA is a trusted advisor who helps their clients navigate the often-confusing world of finance with confidence and clarity.

When should you get a financial planner?

As a resident of Newton, MA, seeking the guidance of a financial advisor can be beneficial in various scenarios. For instance, if one is planning to retire in the near future, a financial advisor can help create a comprehensive retirement plan. Additionally, with the high cost of living in Newton, MA, residents may need assistance in managing their finances to ensure they can maintain their lifestyle. Moreover, with the city's diverse population, individuals may require guidance on investing in various markets or navigating tax laws. Furthermore, with the ever-changing economic climate, a financial advisor can help residents make informed decisions on managing their finances. Therefore, if one finds themselves in any of these situations or requires financial guidance, it may be wise to seek the services of a financial advisor.

How do I choose the right financial advisor?

A financial advisor in Newton, MA must possess several important qualities to succeed in their profession. Firstly, they must have excellent communication skills to be able to effectively communicate complex financial concepts to clients. Additionally, they must have a deep understanding of the local market and economy of Newton, which is known for its high median household income and thriving technology industry. The financial advisor must also be able to adapt and stay up-to-date with the constantly changing financial landscape, especially in a city like Newton where the cost of living is significantly higher than the national average. Furthermore, they must be trustworthy and have a strong ethical code, as they are handling sensitive financial information and making important decisions that can greatly impact their clients' financial future. Overall, a successful financial advisor in Newton, MA must possess a unique combination of financial expertise, communication skills, market knowledge, adaptability, and integrity.

What makes Newton, MA the top choice for financial advising?

Newton, MA is home to some of the top financial advising firms in the country. These firms offer a wide range of services, from investment management to retirement planning and estate planning. One unique aspect of Newton is its proximity to Boston, which allows these firms to tap into the city's vast resources and network of financial professionals. Additionally, Newton's highly educated population and affluent community make it an ideal location for financial advising firms to thrive. With a focus on providing personalized and comprehensive financial solutions, these firms have established themselves as trusted advisors to individuals and businesses alike. Whether you're looking to build wealth, protect your assets, or plan for the future, Newton's top financial advising firms can help you achieve your financial goals.

How do financial advisors get paid?

Financial advisors in Newton, MA get compensated in a variety of ways. Some advisors charge a fee based on a percentage of the assets they manage for their clients, while others charge a flat fee for their services. Additionally, some advisors may receive commissions on products they sell, such as insurance or mutual funds. It is important to note that Newton, MA has a high concentration of wealth, which means that financial advisors in this area may have access to clients with significant assets and may be able to command higher fees for their services. Furthermore, due to the complex financial needs of many high-net-worth individuals in Newton, MA, financial advisors in this area may need to have specialized knowledge in areas such as tax planning, estate planning, and investment management. Overall, financial advisors in Newton, MA need to be able to provide comprehensive and customized financial advice to their clients in order to be successful in this competitive market.

Find the Top Financial Advisors Serving Newton, MA

Connect With a Financial Planner

List of Firms

Newton, MA Fiduciary Financial Advisors

Adviser Investments

SEC File# 801-73098

CRD# 156984

85 Wells Ave Suite 109, Newton, MA 02459, USA

(800) 492-6868

http://www.adviserinvestments.com/

Directions

Shawn Jennings - TIAA Wealth Management Advisor

275 Grove St, Newton, MA 02466, USA

(866) 904-7802

https://locations.tiaa.org/advisors/shawn-jennings

Directions

Merrill Lynch Wealth Management Advisor Michael Oliveri

2221 Washington St, Newton, MA 02462, USA

(617) 243-8044

https://fa.ml.com/massachusetts/newton/michael-oliveri

Directions

Edelman Financial Engines

SEC File# 801-55196

CRD# 104510

57 Wells Ave Suite 31, Newton, MA 02459, USA

(833) 752-6333

https://www.edelmanfinancialengines.com/financial-planners/ma/newton/?utm_medium=organic&utm_source=google&utm_campaign=gmb-listing&utm_content=yext

Directions

Plum Street Advisors LLC

154 Wells Ave Suite 3, Newton, MA 02459, USA

(781) 514-5142

http://plumstreetadvisors.com/

Directions

Where Certified Financial Advisors in Newton, MA Serve

Newton, MA is a vibrant and diverse city located just outside of Boston. The city is home to a number of notable landmarks, including the Newton Free Library, the Jackson Homestead and Museum, and the Newton Cemetery. Additionally, Newton is known for its top employers, which include Boston College, Newton-Wellesley Hospital, and the Newton Public Schools. The city is also home to a number of major highways and streets, including the Massachusetts Turnpike, Route 128, and Commonwealth Avenue. In terms of neighborhoods, Newton is divided into 13 distinct villages, each with its own unique character and charm. From the historic architecture of Newtonville to the bustling commercial district of Newton Centre, there is truly something for everyone in this dynamic and exciting city.

Nearby Locations

Andover, MA Barnstable County, MA Berkshire County, MA Beverly, MA Boston, MA Bristol County, MA Burlington, MA Cambridge, MA

Services Provided by Fee Based and Fee Only Financial Advisors

Banks and Credit Unions

Residents of Newton, MA could benefit from the guidance of a financial advisor in a variety of ways. One specific area where a financial advisor could be particularly helpful is in navigating the high cost of living in this affluent Boston suburb. With a median home price of over $1 million and a cost of living that is 68% higher than the national average, many Newton residents may struggle to manage their finances and plan for long-term financial goals. A financial advisor could help residents develop a budget, create a savings plan, and invest wisely to ensure a secure financial future despite the high cost of living in this desirable community.

Insurance Broker

Residents of Newton, MA can benefit greatly from the services of an insurance broker. With its affluent population and high property values, Newton presents unique challenges when it comes to finding the right insurance coverage. An experienced broker can help residents navigate the complex world of insurance policies and ensure they have adequate protection for their homes, cars, and other assets. Additionally, brokers can provide valuable advice on how to mitigate risks and reduce premiums. For example, in Newton, where severe weather events are becoming more frequent, a broker could recommend additional coverage for flood or wind damage. Ultimately, working with an insurance broker can help Newton residents feel more secure and confident in their insurance coverage.

Retirement Planning

Residents of Newton, MA could benefit from the expertise of a retirement planner in several ways. Firstly, a retirement planner could help residents navigate the complex financial landscape of retirement planning, including tax laws and investment strategies. Additionally, a planner could help residents determine how much they need to save for retirement based on their lifestyle and goals. In particular, residents of Newton, MA may benefit from a planner's understanding of the local real estate market and how it may impact their retirement plans. For example, a planner could help residents decide whether downsizing to a smaller home or relocating to a different area would be a wise financial decision. Overall, a retirement planner can provide valuable guidance and peace of mind for residents of Newton, MA as they plan for their future.

Wealth Management

Residents of Newton, MA could benefit greatly from the services of a wealth manager. One specific way that a wealth manager could help is by providing guidance on managing the high cost of living in Newton. As one of the wealthiest cities in Massachusetts, Newton has a high cost of living, with expensive housing and high taxes. A wealth manager could help residents navigate these financial challenges by providing advice on budgeting, investing, and tax planning. Additionally, a wealth manager could help residents plan for their long-term financial goals, such as retirement or saving for college tuition. By working with a wealth manager, residents of Newton can feel more confident in their financial future and better equipped to handle the unique financial challenges of living in this affluent community.

Mortgage Loan Officer

Residents of Newton, MA can benefit from the expertise of a mortgage loan officer in a variety of ways. For example, a mortgage loan officer can help residents of Newton, MA navigate the complex process of securing a mortgage, which can be especially challenging in a competitive housing market like Newton's. Additionally, a mortgage loan officer can provide guidance on the different types of mortgage loans available to residents of Newton, MA, such as fixed-rate mortgages or adjustable-rate mortgages, and help them choose the best option for their unique financial situation. With the help of a mortgage loan officer, residents of Newton, MA can feel confident and informed as they take the important step of purchasing a home in this vibrant and desirable community.

Tax Services

Residents of Newton, MA can benefit from the expertise of a tax advisor in many ways. One of the most common is navigating the complex tax laws and regulations that apply to the city. Newton, MA has a high cost of living, and many residents may be subject to high taxes on their income, property, and investments. A tax advisor can help residents understand the deductions and credits available to them, as well as strategies for minimizing their tax liability. Additionally, Newton, MA is home to many small business owners and entrepreneurs, who may need guidance on tax planning and compliance. A tax advisor can help these individuals navigate the unique tax considerations that apply to their businesses, such as payroll taxes and self-employment taxes. Overall, a tax advisor can provide invaluable support to residents of Newton, MA who want to make informed decisions about their finances and minimize their tax burden.

Estate Planning Lawyer

Residents of Newton, MA can benefit greatly from the services of an estate planning lawyer. One of the most common ways that a lawyer can help is by creating a comprehensive estate plan that outlines how an individual's assets will be distributed after their passing. This is especially important in Newton, where the cost of living is higher than the national average, and many residents have accumulated significant wealth over the years. An estate planning lawyer can also help with other important tasks, such as drafting a will, establishing trusts, and minimizing tax liabilities. By working with a lawyer, residents of Newton can ensure that their assets are protected and that their loved ones are taken care of after they're gone.

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