2020-2021 RANKING & REVIEWS
BEST FINANCIAL ADVISORS IN BOSTON, MASSACHUSETTS
AdvisoryHQ 2020-2021 Ranking: Best Financial Advisors in Boston, Massachusetts
The city of Boston’s historical significance and rich history in commerce have made it a home to many of the nation’s most prestigious firms. It’s not unusual to find Boston financial advisors and asset management firms that have been around for over a century.
The city continues to attract younger Boston investment firms as well, giving investors an eclectic mix of traditional and modern to choose from.
When you’re planning for your future dreams, whether those are sending a child to college or crafting an active retirement, ensuring you have the right Boston financial investment management professional by your side can make all the difference.
How do you know which asset managers in Boston are the most trustworthy? Which Boston investment management firms have a track record of successfully growing their clients’ investments?
Trying to choose on your own can be daunting and very time-consuming. Finding the best financial manager in Boston requires a lot of background research, so you know which firms stand out.
That’s where AdvisoryHQ comes in. We’ve done the research for you, so you have a sound starting point for your search.
Every year, we rate the best wealth management firms in Boston, Massachusetts, based upon factors like fee structure, reputation, and track record of success.
In this review of investment companies in Boston, MA, you’ll find 10 top firms to choose from and learn a little more about what makes each one special. We’ll include details on the client type they work with and why they were selected as a top Boston financial advisor.
Your finances are about more than just money; they represent a path to your family’s security and your future goals. The right asset managers in Boston can help you take good care of your finances and help them grow so you can achieve your dreams.
Award Emblem: Top 10 Best Financial Advisors in Boston, MA
Top 10 Best Financial Advisors in Boston, MA | Brief Comparison & Ranking
|Best Financial Advisors in Boston||2020-2021 Ratings|
|Birch Hill Investment Advisors||5|
|Boston Financial Management||5|
|Boston Private Wealth||5|
|Compass Planning Associates||5|
|Congress Wealth Management||5|
|Darrow Wealth Management||5|
|Lexington Wealth Management||5|
|Modera Wealth Management||5|
|North American Management||5|
Table: Top 10 Best Financial Advisors in Boston | Above list is sorted by rating
What’s the Difference Between Fee-Only & Fee-Based Financial Advisors in Boston?
When you’re researching financial advisors in Boston, there are two terms that you’ll want to be aware of because they describe how the advisors are paid for financial services.
You might see that one Boston wealth manager states it is “fee-only,” and another one that it is “fee-based.” Here is an overview that will help clarify those terms and let you know exactly what each means when it comes to financial firms in Boston.
Investment firms or financial advisors in Boston, MA that do not accept any commissions or third-party referral payments by recommending financial products are known as “fee-only.”
This means the firm’s advisors are only compensated by client fees. This payment structure minimizes the inherent conflicts of interest that could come with an incentive-based recommending and selling of investment products.
Wealth management and investment firms in Boston that are paid both by client fees and also receive commissions from the companies who provide financial products are known as “fee-based.”
Using a fee-based structure can create a perception of potential conflicts of interest. This is because a client may worry that a Boston financial investment management advisor could recommend a specific investment due to the commission, rather than client needs.
However, fee-based Boston financial advisors are aware of this perception, so many become fiduciaries, to help mitigate the conflict of interest.
A fiduciary, which can be a fee-based or fee-only firm, is legally obligated to fully disclose any conflicts of interest, and its advisors are required to put the interests of their clients ahead of their own.
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2020-2021 AdvisoryHQ’s Selection Methodology
What methodology does AdvisoryHQ use in selecting and finalizing the credit cards, financial products, firms, services, and products that are ranked on its various top-rated lists?
Please click here “AdvisoryHQ’s Ranking Methodologies” for a detailed review of AdvisoryHQ’s selection methodologies for ranking top rated credit cards, financial accounts, firms, products, and services.
Detailed Review – Best Wealth Management Firms in Boston, Massachusetts
Below, please find the detailed review of each firm on our list of 2020-2021 best wealth management firms in Boston. We have highlighted some of the factors that allowed these financial advisors in Boston to score so high in our selection ranking.
Click on any of the names below to go directly to the review section for that firm.
- Birch Hill Investment Advisors
- Boston Financial Management
- Boston Private Wealth
- Compass Planning Associates
- Congress Wealth Management
- Darrow Wealth Management
- Lexington Wealth Management
- McAdam Financial
- Modera Wealth Management
- North American Management
- 2019 Review: Top 10 Best Financial Advisors in Boston, MA
- 2018 Review: Top 10 Best Financial Advisors in Boston, MA
- 2017 Review: Top 10 Best Financial Advisors in Boston
- 2016 Review: Top 9 Best Financial Advisors in Boston
Birch Hill Investment Advisors Review
Birch Hill Investment Advisors is a Boston financial advisory firm founded on the principals of dedication, skill, and work ethic. Since 2007, the firm has been using its distinctive asset management style to help clients protect and build their wealth.
As a top-rated wealth manager in Boston, Massachusetts, Birch Hill is a fiduciary and is also a fee-only Registered Investment Advisor (RIA). The firm works with individuals, families, and institutional clients, focusing on forging long-term, prosperous relationships.
Key Factors That Enabled Birch Hill to Rank as a Top Wealth Management Firm in Boston
Generations of Trust
While Birch Hill may be one of the younger investment management firms in Boston on our list, its team has well over a century of combined financial industry experience. Giving this financial advisor in Boston, MA as seasoned a group of advisors as you’ll find anywhere.
A testament to the trust that its clients place in Birch Hill is the fact that some of the firm’s clients have been entrusting their family wealth to the firm over multiple generations. An impressive 98% of clients with the firm at inception are still at Birch Hill today.
Another unique aspect of this Boston financial advisor that attracts clients is the fact that clients can work directly with one of the firm’s principals for financial planning needs. This allows a level of personal service not always found at Boston investment management firms.
Ranking of Boston’s Top Investment Advisors
Focused on the Long-Term
Because Birch Hill advisors are focused on working with clients in the long-term, they make it a priority to conduct personal research for each client to they can customize a successful strategy to meet their distinct needs.
As a top-rated financial advisor in Boston, Birch Hill takes a strategic, long-term view of investments. This includes an ongoing review of the 65+ companies included on its research list to ensure they still warrant inclusion.
When so many clients stay with a Boston wealth manager for over a decade, it’s a good sign that its advisors are delivering for them both financially and emotionally. This means a lot, especially in turbulent economic times.
The advisors on the Birch Hill team prioritize long-term value and stability over the short-term, unsustainable gains. They want to see you grow your portfolio through fundamentally sound principles that are matched with your risk tolerance.
For investors looking for a long-term partner they can trust to take good care of them for years to come, Birch Hill Investment Advisors is an excellent option.
These Boston financial advisors put relationship building high on the list of firm objectives. The excellent client retention rate is a testament that most feel this Boston investment management firm is one of the best.
With a successful long-term strategy, an experienced and talented team, and a client-centric spirit, Birch Hill is one of the best Boston wealth management firms to consider forming a relationship with in 2020-2021.
Boston Financial Management Review
Founded in 1976 to answer the unique challenges that accompany wealth, Boston Financial Management is a financial advisor in Boston, MA that works with high-net-worth individuals, families, and institutions with a minimum asset size of $2 million.
This top-rated Boston financial advisor is fee-only. The firm is also a fiduciary, pledging to put its clients’ interest first always. It offers a wide range of services, including wealth management, estate and financial planning, trust and fiduciary services, family office services, and more.
Key Factors That Enabled Boston Financial Management to Rank as a Top Wealth Management Firm in Boston
Large, Experienced Team
The team of Boston financial advisors at BFM come from multiple disciplines. This offers clients as deep a bench of experience and credentials as you’ll find at any Boston investment firm.
There are six different teams at this top financial investment management firm in Boston. Each of them work together to provide clients with a well-rounded and in-depth financial management strategy.
Boston Financial Management teams include:
- Executive Management
- Wealth Managers
- Investments & Research
- Planning & Trust Services
- Client Service & Operations
Many of the professionals at this Boston financial investment management firm hold industry credentials, which are an indicator of expertise in the financial management industry. Some of these include:
- Chartered Financial Analyst®
- Certified Financial Planner™
- Certified Public Accountant
- Chartered Investment Counselor
- CFA Charterholder®
Those researching investment companies in Boston have easy access to professional biographies with full contact details for each member of the team on the firm’s website. This promotes transparency between Boston Financial Management and its clients.
Little Client Turnover & Generational Trust
The sign of a financial firm in Boston that you can trust is whether or not its clients stay with the firm for the long term. BFM is laser-focused on its clients’ long-term needs and forming relationships built on trust. As a result, it has a very low client turnover and families that stay clients for generations.
The team at this top financial advisor in Boston offers strategic advice and work to integrate a client’s financial strategy with other aspects of their finances. Advisors also communicate with clients regularly. This client-centered approach is one reason that BFM is rated among the top investment management firms in Boston.
Best Wealth Managers in Boston 2020-2021
BFM has specialized expertise in handling the financial needs of wealthy individuals, families, and institutions in Boston. The personalized touch and focus on relationship building are two factors that have made it one of the popular financial firms in Boston.
This best Boston financial advisor has a mission to provide solutions to its clients’ most pressing financial questions. With a reputation of trust and well rounded, experienced team, Boston Financial Management is awarded a 5-star rating as one of the Boston investment firms to consider in 2020-2021.
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Boston Private Wealth Review
With a proactive and attentive approach, Boston Private Wealth is a top financial advisor in Boston committed to strengthening and simplifying its clients’ financial lives.
This Boston financial advisor works with a wide range of clients, including individuals and families, business owners, executives, women, nonprofits, and private partnerships.
Boston Private Wealth is a fee-based financial advisor in Boston that balances any potential conflicts of interest with a fiduciary commitment. As fiduciaries, these top financial advisors in Boston pledge to be completely transparent and act in the client’s best interest always.
Key Factors That Enabled Boston Private Wealth to Rank as a Top Financial Advisor in Boston
Comprehensive Financial Planning Services
As one of the best Boston financial advisors, Boston Private’s advisory team believes in taking an integrated approach to investing that involves both short-term and long-term strategies. This ensures portfolios built to weather varying market conditions.
Clients can benefit from the following financial planning services:
- Investment Advice—These Boston financial planners can advise clients on asset location, portfolio construction and rebalancing, private investments, college funding, and more.
- Financial Decision Making—Gain valuable, expert insight on life-changing financial decisions like prenuptial agreements, debt restructuring, corporate benefits programs, charitable giving, and more.
- Retirement Planning—Achieve a savings target with personalized strategies for pensions, savings, cash flow, IRA withdrawals, and more to fun the retirement lifestyle you envision.
- Insurance Consultations—These top-rated Boston financial planners will review insurance policies and ensure that you have the best and most cost-effective coverage for your needs to mitigate risk.
- Tax Planning—Boston Private’s tax professionals work closely with your Boston financial advisors to provide sophisticated tax planning strategies that incorporate estate tax strategies, transaction analysis, and review impacts of tax law changes.
- Trust & Estate Planning—All wills, trusts, and gifting strategies are reviewed to ensure the efficient transfer of wealth, and outside professionals consulted as needed.
Another advantage of working with this top Boston financial advisor is that it also offers digital and private banking and lending services for individuals and businesses.
Top Boston Financial Investment Management Firms
Experienced and Credentialed
For those clients looking for experienced and talented guidance, these Boston financial advisors have a lot to offer. The firm’s team members have extensive backgrounds in a variety of areas, such as fixed incomes, international equities, and domestic equities.
The many years of experience and diverse backgrounds of these Boston financial planners have helped to build one of the most sought-after Boston wealth management firms.
Professional credentials held by firm advisors include:
- Certified Financial Planner
- Chartered Financial Analyst
- Master of Business Administration
- Certified Investment Management Analyst
- Juris Doctor
This large, top wealth management firm in Boston, Massachusetts is one of the larger ones on our list, offering financial planning services in New England, New York, Northern and Southern California, and Florida
With the boutique approach of a small firm combined with the resources of a large one, Boston Private Wealth offers a unique option. Its deep commitment to clients and the strategic planning approach has earned the firm a 5-star rating as a top Boston financial advisor to consider partnering with in 2020-2021.
Compass Planning Associates Review
Are you looking for a friendly and accessible Boston financial advisor? Then Compass Planning Associates may be of interest. Founded in 1996, the firm offers a casual and relaxing atmosphere and one-on-one, hands-on financial guidance.
Compass is an independent, fee-only top financial advisor in Boston that works with all wealth levels. The firm welcomes anyone that needs friendly, expert help with their financial goals, no matter their age, career status, or bank account size.
Key Factors That Enabled Compass Planning Associates to Rank as a Top Financial Advisor in Boston
Financial Advice for Individuals & Families
Not all asset managers in Boston give the personalized support to people of all economic statuses that Compass does. Individuals or families looking to save for retirement, fund a child’s education, or just gain some financial security can count on this Boston wealth manager to help.
A Boston financial advisor at Compass can assist both individuals and families with a detailed and tailored financial plan. Financial services include investment planning and strategic tax planning, financial planning, and debt, budget, and cash management.
This wealth management firm in Boston, Massachusetts, also has expertise in generational wealth. The firm’s experts can help families with a plan for transferring wealth to ensure their heirs and the family fortune is not reduced with unnecessary taxes.
Financial Advice for Businesses
Compass Planning Associates also works with businesses on their financial needs. The firm’s advisors can develop a portfolio with you that takes your business needs into consideration and helps you plan for a secure future.
This top-rated Boston wealth management firm offers support for businesses in a variety of areas, including employer retirement plans, lowering business costs, and even how to set up succession plans to live comfortably when it’s time to retire.
As one of the best financial advisors in Boston, Compass Planning makes financial education a key focus. Its principals know that informed investors make better financial decisions. The firm offers Compass MoneyWise Seminars that are purely educational and designed specifically with businesses in mind.
Best Financial Advisors in Boston
It’s difficult to find financial advisors in Boston that are as hands-on and stress-free as Compass Planning. Its team works to create a casual and friendly atmosphere for clients to make the entire process less daunting and more positive.
This is one of the Boston financial advisors that promotes portfolio building that’s completely customized and based upon where a client is today and where they want to be tomorrow.
An additional item of note is that the firm was founded by Jennifer Lane and has an expert team led by women, making it a stand-out in an industry where female financial advisors are historically underrepresented.
Offering financial guidance to all income levels and fostering a less-stressful type of wealth management, Compass Planning scores a 5-star rating and is one of the best Boston financial planners to consider working with in 2020-2021.
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Congress Wealth Management Review
Combining strategic planning with detailed execution, Congress Wealth Management is an independent wealth management firm in Boston that serves clients of all ages and backgrounds, from areas as diverse as technology, medicine, entertainment, and finance.
This is one of the investment companies in Boston that has a minimum liquid investable asset limit for clients, which is $500,000. The firm’s advisors take a client-centered approach, offering custom-tailored plans fueled by a passion for creating legacies.
While Congress does not explicitly state whether it is a fee-only or fee-based Boston financial advisory firm, its website FAQ states, “we do not receive commissions on transactions and we accept no other forms of compensation from investment product providers or financial institutions.”
This would indicate this Boston investment advisor is most likely fee-only; however, we recommend that prospective clients confirm the fee structure of any financial firm they’re working with. Congress Wealth Management is also a fiduciary.
Key Factors That Enabled Congress Wealth Management to Rank as a Top Wealth Management Firm in Boston
Wide Variety of Financial Solutions
Those looking for a range of financial services from a single financial advisor in Boston, MA, will appreciate the variety of solutions they’ll find at Congress.
Core services offered at this Boston financial investment management firm include:
- Investment Management—A detailed, customized investment plan is created that reflects the client’s financial health and future goals. Each plan incorporates cohesive asset allocation, alternative investment, and diversification strategies.
- Financial Planning— Clients work with a Congress financial advisor in Boston to develop a holistic financial plan to help them reach their goals. This area also includes tax advisory, insurance review, cash flow analysis, concierge services, and more.
- Family Office Services—Congress financial advisors guide you and your family through the multi-faceted aspects of your financial life. Family office services include personal accounting, bill paying, budgeting and cash flow, tax planning, lifestyle management, and more.
Diversified Wealth Management
Congress Wealth Management advisors take a long-term approach to financial and investment planning. They believe in giving investments room to breathe and grow. The framework they use assesses both the quantitative and qualitative issues of asset allocation.
Key factors that these top financial advisors in Boston use for determining plan objectives are:
- Focus on economic/business cycles
- “Dynamic” vs. “static” asset allocation
- Overweight fundamentals/data, underweight noise/rhetoric
- Looking at a three-year cycle of benchmarks and strategies
- Incorporating an expectation of market volatility
By focusing on diversification in a portfolio, these top Boston wealth managers work to maximize their clients’ returns and minimize their risk.
Ranking of 2020-2021’s Top Asset Managers in Boston
Congress Wealth Management has established itself as one of the best Boston wealth management firms due to the strategic and customized approach its advisors take to financial planning and wealth management.
The firm emphasizes open and effective client communication and fosters a two-way relationship with its clients. As one of the best investment management firms in Boston, Congress is proudly a boutique firm with a national reach.
Taking a completely personalized approach and with a focus of bringing clarity to complex financial affairs, Congress Wealth Management scores a 5-star rating as a top Boston financial advisor to consider working with in 2020-2021.
Darrow Wealth Management Review
Darrow Wealth Management was founded in 1987 and has since become one of the top financial firms in Boston. The firm’s founding mission was to provide a more personal financial management experience for the hard-working professionals in the area.
This financial advisor in Boston, MA, is fee-only and is also a fiduciary financial advisor. It works with individuals, families, businesses, entrepreneurs, and others with a typical investable asset level of at least $1,000,000.
Key Factors That Enabled Darrow Wealth Management to Rank as a Top Financial Advisor in Boston
The experienced advisors at Darrow Wealth Management put their clients’ best interests first in everything they do. This philosophy has three distinct, client-centric beliefs:
- Long-Term Wealth & Creation—Growing and preserving long-term wealth requires a shared dedication to financial planning and investment. These top-rated Boston financial advisors listen first, to gain a deep understanding of your goals and then develop a strategy designed to help you reach them.
- Wealth Management as an Evolving Process—Part of what makes Darrow Wealth Management a successful Boston financial advisor is the recognition of the life changes that impact finances. Financial plans that its advisors create are made to meet inevitable challenges, evolving along with each client’s needs, and with built-in resiliency.
- Fiduciary Duty—As fiduciaries, the Boston financial planners at Darrow Wealth Management are legally obligated to act in the client’s best interest. This commitment permeates all aspects of their wealth management and financial planning services.
Top Wealth & Investment Companies in Boston
Darrow Wealth Management is a boutique firm, which gives it the ability to offer more customized services than you’ll typically see at other Boston investment firms. This includes the ability to specialize focus to provide expert services to an exclusive group of clients.
Some of the professionals that this Boston investment management firm serves include:
- Physicians and Doctors
- Software and Technology
- Biotech and Pharma
- Self-Employed Business Owners
Having a top Boston wealth management firm that deeply understands your sector’s unique financial challenges and opportunities is a huge benefit to professionals in these fields. Darrow is able to customize its wealth management and financial planning services better than a firm that doesn’t have the same industry knowledge or experience.
Darrow Wealth Management takes a comprehensive and customized approach to wealth management. This financial advisor in Boston also emphasizes a fiduciary responsibility to make all recommendations in its clients’ best interests and to help them reach their financial goals.
Working with Darrow, clients also will experience the flexibility of financial plans that can be designed more formal or informal in nature, depending upon what each client’s finances and requirements dictate.
With a national reach and a specialty working with executives and business owners in a variety of sectors, Darrow Wealth Management is awarded a 5-star rating and is one of the top financial advisors in Boston to consider partnering with in 2020-2021.
Lexington Wealth Management Review
Connecting the head and heart of wealth management, Lexington Wealth Management has been serving clients for two decades with truly custom-built wealth management solutions.
This top financial advisor in Boston serves over 300 clients that include individuals, families, and small businesses with a net worth in the $2,000,000 to $100,000,000 range.
Lexington is a fee-only wealth management firm in Boston that is also a fiduciary. The firm’s advisors believe that money should be a source of strength, not anxiety, and they work to simplify and fortify their clients’ financial foundation.
Key Factors That Enabled Lexington Wealth Management to Rank as a Top Financial Advisor in Boston
Lexington Wealth Management was founded with a mission to make a difference by providing concierge financial services that allow clients to reach their financial objectives without feeling stressed along the way.
There are four key types of client personas that this Boston financial advisor serves:
- Next Phase—Clients that are facing important life transitions like retirement, inheritance, home purchases, caring for family members, and more, and need expert financial guidance.
- Women—Lexington Wealth Management is committed to empowering women through transparent and honest approaches to inheritance, divorce, family care, and wealth management so that they can feel a sense of strength, not stress.
- Entrepreneurs—These top-rated Boston financial advisors help guide busy entrepreneurs, making their lives easier by assisting with managing resources, creating stock options and company retirement plans, and more.
- Simplify—For clients that want an easy, streamlined approach to financial planning, but are too busy to handle it themselves, Lexington can offer help with prioritizing, creating, and reaching wealth management goals.
360 Degree View
This top Boston wealth management firm doesn’t have tunnel vision when it comes to crafting your portfolio. Its advisors take a full 360-degree view of your entire financial world, including need, resources, and goals.
These Boston wealth management professionals work with other professionals as needed to complete your financial picture, including CPAs, estate attorneys, divorce attorneys, and others. This ensures an integrated strategy, ensuring a more successful financial path forward.
Of significance is that Lexington Wealth Management is one of the first Boston financial advisors to include a psychiatrist as a part of its team. This offers clients assistance in managing the stress and emotions that come with major life events and financial decisions.
2020-2021’s Best Financial Advisors in Boston, MA
As a firm that truly cares about the emotional well-being of its clients when it comes to their finances, Lexington Wealth Management is truly unique among Boston financial advisors.
The firm’s 360-degree strategy ensures a strong financial picture that’s based upon all facets of a client’s life. This strategic planning is wrapped in a philosophy designed to take the anxiety out of financial management and empower its clients.
Taking a holistic approach to Boston wealth management that incorporates both emotions and logic, Lexington Wealth Management is awarded 5 stars as one of the best Boston financial advisors to consider partnering with in 2020-2021.
McAdam Financial Review
McAdam Financial has one of the largest financial networks in the U.S., with hundreds of advisors serving clients from four offices. This is a Boston financial advisor that takes an advanced approach to financial planning, incorporating the financial, personal, and professional areas of its clients’ lives.
This wealth management firm in Boston, MA, offers a variety of financial services, including financial planning, wealth management, tax and insurance strategies, and business owner services.
As a hybrid RIA, McAdam provides a unique fee structure for financial planning and wealth management. The hybrid RIA model means that the firm provides both fee-only financial planning and fee-based investment management services to clients.
Key Factors That Enabled McAdam Financial to Rank as a Top Wealth Management Firm in Boston
Advanced Advisory Model™
McAdam’s financial approach, the Advanced Advisory Model™, goes beyond what you may find at other Boston investment firms. It is designed to bring a new facet to the process of financial planning and integrates three key areas: Financial, personal, and professional.
The model identifies factors in each area of a person’s financial life to design a fully integrated and robust financial path that takes all life facets into account. This helps ensure a portfolio that is forward-looking and resilient.
Each area and its subsets include:
- Special Needs
- Career Landscape
- Benefits Landscape
- Risk Landscape
- Investment Landscape
When clients can find additional services beyond just financial planning with a top Boston financial advisor, it can save time and enrich their overall finances by ensuring an integrated strategy.
As one of the best Boston financial advisors, McAdam offers clients a large array of services they can take advantage of to enhance their financial health.
The firm’s services are categorized into various service areas – Financial Planning, Wealth Management, Tax, and Insurance Strategies, and Business Owner Services. They include, but aren’t limited to:
- 401(k) Strategies
- Retirement, Education, and Estate Planning
- Investment Income Strategies
- Investment Advisory Services
- Tax-Sensitive Investment Management
- Advanced Insurance Architecture
- Actuarial Plan Design
- Business Continuity Planning
- Qualified Retirement Plans
- Key Employee Retention Plans
Top Ranking of Boston Wealth Management Firms
McAdam is a firm that likes to forge its own path. With an advanced approach to financial advising and a wide range of services, the firm is a financial advisor in Boston that offers a lot of value to its clients.
The integration of tax and insurance strategies with wealth management services, ensure clients have as a top financial advisor in Boston that can handle a wide array of their financial needs.
With an innovative financial planning model and an experienced and diverse team, McAdams is awarded a 5-star rating as one of the top wealth management firms in Boston to consider in 2020-2021.
Modera Wealth Management Review
Founded in 1983 with a client-first philosophy, Modera Wealth Management is a top-rated financial advisor in Boston with additional locations in New Jersey, Georgia, North Carolina, and Florida.
This Registered Investment Advisor is fee-only and has an experienced team that includes 35 advisors holding CFP® certification. Modera is also a fiduciary, taking on a legal obligation to always put its clients’ best interests first.
Key Factors That Enabled Modera to Rank as a Top Wealth Management Firm in Boston
The Boston financial planners at Modera believe that no two clients are identical, so no two financial plans should be either. After a thorough analysis of your financial picture, they personalize a financial plan just for you.
These top-rated asset managers in Boston provide clients with an integrated approach that cover a wide range of areas in their financial lives. Specific wealth management services include:
- Investment management
- Cash flow analysis
- Retirement income planning
- Tax planning
- Education funding
- Estate planning
- Insurance analysis
- Strategic goal planning
Modera’s team of Boston financial advisors additionally collaborate with any financial or legal professionals you are currently working with to ensure a fully holistic approach to wealth management.
Comprehensive and Responsive Financial Planning Process
Organization, detail, and transparency are all part of Modera’s client-advisor relationship. The firm’s financial planners follow an optimized methodology to ensure the most successful outcomes for their clients.
This process works as follows:
- Identify, understand, and prioritize personal goals
- Gather plan for financial data
- Analyze and develop a financial plan and investment strategy
- Implement recommendations
- Monitor strategies and markets
- Communicate and update clients regularly
2020-2021 Ranking: Best Financial Advisors in Boston, MA
These top-rated Boston financial advisors work to form long-term relationships based upon trust and a deep caring about each and every client.
With a focus on customer care, transparency, and innovation, Modera Wealth Management earns a 5-star rating as one of the top financial advisors in Boston to consider partnering with in 2020-2021.
North American Management Review
Committed to excellence and clarity of purpose, North American Management is a top-rated Boston financial advisor that was founded in 1928 to give clients an experience that goes beyond just investment management.
This Boston financial planner is fee-only and also a fiduciary. Its advisors feel personally responsible to their clients and work to lighten the burden of money management to improve the quality of their clients’ lives.
This wealth management firm in Boston, MA, offers financial planning, investment management, and trustee/trust advisory services from two offices, in Boston and St. Louis.
Key Factors That Enabled North American Management to Rank as a Top Wealth Management Firm in Boston
Dynamic & Flexible Planning
Effective wealth planning requires an in-depth understanding of how dynamic and fluid both the markets and people’s lives can be. Transitional events such as divorce or inheritance can completely alter a person’s financial situation. NAM financial advisors craft plans to be resilient in the face of these transitions.
You can see by reviewing the website of this top-rated wealth manager in Boston, that the firm’s advisors stay on top of all the latest updates, regulations, and trends in the financial sector.
You’ll find multiple articles in the Insights area of the website, categorized under planning notes, investment letters, market perspectives, and news and events.
NAM’s investment management team helps clients with asset allocation, security research and manager selection, and portfolio construction and monitoring, providing all the tools they need to choose the best investment vehicles.
Some of the important factors your Boston financial planner at NAM takes into consideration when allocating your assets are:
- Economic and secular trends
- Monetary and fiscal policy
- Global interest rates
- Capital flows
This Boston wealth management firm focuses on a unique balance of financial security and value-creating assets. Its team of researchers analyzes potential investments before recommending them to clients, tailoring portfolios according to:
- Risk tolerance
- Time horizon
- Sources of risk and return
- Investment objectives
Ranking: Best Investment Management Firms in Boston
North American Management creates tailored investment strategies matched to each specific client while balancing risk, reward, and resiliency. It’s one of the best financial firms in Boston for in-depth and thoughtful research to power smart investments.
The Boston financial advisors at NAM are committed to creating strong financial roadmaps for individuals, families, foundations, endowments, and single-family office clients.
With a focus on low fees and strategic growth, and a personal commitment to each client, North American Management is awarded a 5-star rating and is one of the top financial advisors in Boston to consider working with in 2020-2021.
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Conclusion – 2020-2021 Top 10 Best Financial Advisors in Boston, MA
You’ll find that no matter what your income, profession, or future savings goals, there are top-rated Boston wealth management firms that work with clients just like you every day.
The trick is knowing the questions to ask to narrow down your options and find the best Boston financial advisors to consider for your future financial path. Some of these questions would be:
- What is the firm’s minimum asset level for clients?
- What are the firm’s specialties (executives, medical professionals, families, etc.)?
- What is the firm’s approach (casual, more formal, etc.)?
Taking the first step for an initial consultation is your most important move to start securing your financial future with essential insights and expertise to guide you along the way. Many investment management firms in Boston offer consultations for no charge.
We hope that this ranking of the top financial advisors in Boston will give you a solid foundation from which to begin your journey to securing expert guidance on your future financial path.
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