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Best Financial Advisors in Las Vegas, NV

Aug. 15, 2019, 8:17 p.m.

A good financial advisor is a trusted professional who helps improve your financial situation in both the short and long term so you can make your goals a reality. Our partners at ConsumerAffairs researched the best financial advisors in Las Vegas to help secure your financial future.

Everyone deserves to make thoughtful, informed purchase decisions. The local guides provided on this website are free for consumers. KTNV may receive compensation from our partners. Learn more.

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#1
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Facet Wealth

Real Financial Planning

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Facet Wealth
Facet Wealth
Features
  • Work with a dedicated CFP
  • Complimentary goal setting & financial analysis session
  • Goal-based financial planning
  • Get an individually tailored financial plan
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#2
Arista Wealth Management
Arista Wealth Management
Features
  • $250,000 minimum assets required
  • Five Star Wealth Manager award winner in 2014
  • BBB accredited
  • Fee-based
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Location
8876 Spanish Ridge Ave., Ste. 202
Las Vegas, NV 89148
(702) 309-9970
#3
Redrock Wealth Management
Redrock Wealth Management
Features
  • No asset minimum
  • All advisors are CFPs
  • CEFEX certified
  • Modern Portfolio Theory (MPT) approach
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Location
9484 W Flamingo Rd., Ste. 205
Las Vegas, NV 89147
(702) 987-1607
The Wealth Consulting Group
The Wealth Consulting Group
Features
  • Asset minimum between $15,000 - $250,000 depending on the account
  • In-house advanced planning team
  • Personal CFO service
  • Allied with LPL Financial
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Location
8925 W. Post Rd.
Las Vegas, NV 89148
(702) 263-1919
Buckley Wealth Management
Buckley Wealth Management
Features
  • M-F: 6:30am - 4pm
  • Closed Sat and Sun
  • buckleywealth.com
Location
10100 W. Charleston Blvd., Ste. 213
Las Vegas, NV 89135
(702) 805-1010
American Retirement Planning Group
American Retirement Planning Group
Features
  • Hours unavailable
  • arpgdirect.com
Location
6390 W. Cheyenne Ave., Ste B
Las Vegas, NV 89108
(702) 655-8300
Kingsbridge Wealth Management
Kingsbridge Wealth Management
Features
  • Hours unavailable
  • kwm.us.com
Location
1140 N. Town Center Dr., Ste. 340
Las Vegas, NV 89144
(702) 947-5160
SkyOak Wealth
SkyOak Wealth
Features
  • Hours unavailable
  • skyoakwealth.com
Location
410 S. Rampart Blvd., Ste. 390
Las Vegas, NV 89145
(800) 971-8070
Summit Portfolio Management
Summit Portfolio Management
Features
  • Hours unavailable
  • summitportfolio.com
Location
9328 Tournament Canyon Dr.
Las Vegas, NV 89144
(702) 838-9999
Smooth River Wealth Management
Smooth River Wealth Management
Features
  • Hours unavailable
  • smoothriverwmg.com
Location
3910 Pecos-McLeod Blvd., Ste. B-100
Las Vegas, NV 89121
(702) 487-6440
H&H Retirement Design and Management
H&H Retirement Design and Management
Features
  • M-F: 9am - 5pm
  • Closed Sat and Sun
  • hhrdm.com
Location
One Summerlin Tower, 1980 Festival Plaza Dr., Ste. 460
Las Vegas, NV 89135
(702) 470-2660

Choosing a financial advisor in Las Vegas

skyline

Consider speaking with a financial advisor in Las Vegas when your finances become too complicated to manage on your own. This often happens after you’ve recently inherited a large sum of money or started a new job, but, no matter where you are in life, a financial advisor helps you manage your money and plan for the future.

Financial advisors help clients:

  • Save for retirement
  • Set up college funds
  • Invest
  • Manage their assets

Some financial advisors in Las Vegas do have a minimum wealth requirement for clients, but you can find a financial advisor to work with you regardless of your financial situation.

Types of financial advisors

There are many different types of financial advisors, and all financial advisors in Las Vegas are not equal. Two major distinctions separate all types of financial advisors. The first of which is whether they are a fiduciary or not.

  • Fiduciary financial advisors: These advisors advise and act in your best interests in adherence to the fiduciary standard. This legal and ethical code forces fiduciaries in Las Vegas to prioritize the client’s needs above their own.
  • Non-fiduciary: A non-fiduciary advisor is usually held to a lower standard where their advice needs to be appropriate for you but not necessarily in your best interest. That means non-fiduciaries in Las Vegas can make a recommendation that results in a higher commission but isn’t strictly the best option for your portfolio.

The second distinction is between human advisors and robo-advisors. A robo-advisor is a computer program that offers financial advice and asset management based on information about you. Robo-advisors are comparatively inexpensive and rarely have a minimum wealth requirement, but, if you need more tailored help, consider working with a human financial advisor who can understand the nuances of your finances.

What is the cost of a financial advisor in Las Vegas?

The cost of a financial advisor in Las Vegas varies because financial advisors charge in a variety of ways. The most common options are:

  • Flat rate: This one-time fee, often $1,000 to $2,000, is normally for one-time services like financial planning and isn’t dependent on your portfolio.
  • Hourly: If you need ongoing service, financial advisors work at an hourly rate. This is normal for more flexible short-term services, like giving financial advice.
  • Commission: Here, an advisor receives a percentage when you purchase products or services they recommend. This is more common for investment advisors, and consumers should watch out for conflicts of interest when their advisor is working on commission.
  • Assets under management: These advisors receive a percentage of what you have in your account with them. Usually implemented for long-term asset management in Las Vegas, conflicts of interest are less common in this arrangement but still possible.

Your financial advisor should be transparent about how they make money. A fee-only firm makes all of its money directly from charging clients with no commission. A fee-based firm, however, charges you directly while still receiving some commission. These potential conflicts of interest show why it’s crucial to learn whether your advisor is a fiduciary or not.

What qualifications should a financial advisor have?

The financial advisory you work with should have a great reputation, education and experience. Specifically, this means that they should have at least a bachelor’s degree in a related field and their General Securities Representative license.

There are also additional certifications, such as being a Certified Financial Planner, which show that your advisor is qualified and held to a set of standards and practices.

To make sure you choose the right financial advisor in Las Vegas to trust with your savings, ask a few questions, such as:

  • Are you properly licensed?
  • Are you a fiduciary?
  • What are your fees?
  • How do you make money?
  • Have you ever been convicted of a crime?

To avoid scams, use resources from the Financial Industry Regulatory Authority to verify your financial advisor's qualifications and history.

Facet Wealth

Facet Wealth VISIT FACET WEALTH

Facet Wealth opened in 2016 and has over 45 team members. Its clients get a dedicated CFP that they can call with questions. The company’s focus is on a holistic approach to asset management for the average family, with an emphasis on transparency and simplicity.

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Arista Wealth Management

Arista Wealth Management

Las Vegas residents who need personal or professional financial advice often work with Arista Wealth Management. It’s a fee-based advisory firm, and its team has a fiduciary responsibility toward its clients. Past customers consistently commend Artista’s approachable team.

Redrock Wealth Management

Redrock Wealth Management

Red Rock Wealth Management is a local Las Vegas company that opened in 2005 and manages close to $100 million in assets. This fiduciary, fee-only firm offers an array of financial advisory services. Reviewers love the dedicated attention Redrock Wealth Management offers.

The Wealth Consulting Group

The Wealth Consulting Group

Based in Las Vegas with offices throughout the U.S., the Wealth Consulting Group has been serving individuals and businesses since 1995. Past clients note the Wealth Consulting Group’s commitment to serving their interests and preserving their confidentiality.

Our partners independently research and analyze the companies mentioned in our guides and work with subject matter experts to add valuable information that helps consumers make smart purchase decisions. Our partners will not include companies on these guides that do not meet specific quality standards. The compensation we receive from our partners may impact how and where companies appear on our site, including the order in which they appear.

Our partners independently research companies, and use editorial discretion to award companies with special recognition (i.e. Best Value) based on their staff’s judgement or subject matter expert’s judgement. Our partners do this to help you identify companies that will meet your specific buying needs, and do not receive compensation for these designations.