Best Financial Advisors in Worcester, MA

We did the hard work of finding trustworthy partners in Worcester, MA. Fill out the form to get connected.

Connect With a Financial Planner


MSN Money
Business Insider
Yahoo Finance
Market Watch

List of Firms

Worcester, MA Fiduciary Financial Advisors

Carr Financial Group | Financial Planning | Wealth Management
SEC File# 801-123187
CRD# 317321
5 out of 5
Location 20 Park Ave, Worcester, MA 01605, USA
Phone (508) 795-0264
Time Monday: 8:30 AM – 5:00 PM Tuesday: 8:30 AM – 5:00 PM Wednesday: 8:30 AM – 5:00 PM Thursday: 8:30 AM – 5:00 PM Friday: 8:30 AM – 5:00 PM Saturday: Closed Sunday: Closed
Financial Advisors in Worcester, MA

Where Certified Financial Advisors in Worcester, MA Serve

Worcester, MA is a vibrant city with a rich history and diverse culture. From the iconic Worcester Art Museum to the stunning Mechanics Hall, there is no shortage of landmarks to explore. The city is also home to top employers such as UMass Memorial Health Care, Hanover Insurance Group, and Polar Beverages. Major highways like I-290 and I-90 make it easy to navigate the city, while streets like Shrewsbury Street and Park Avenue offer a variety of dining and shopping options. Worcester is divided into several distinct neighborhoods, including the bustling downtown area, the charming Canal District, and the family-friendly West Side. With so much to see and do, Worcester is a city that truly has something for everyone.

Services Provided by Fee Based and Fee Only Financial Advisors

Banks and Credit Unions

Residents of Worcester, MA could greatly benefit from the services of a financial advisor in a number of ways. For instance, a financial advisor could help them navigate the unique economic landscape of Worcester, which is home to a diverse range of industries, including healthcare, education, and manufacturing. They could also help residents plan for retirement, save for their children's college education, and manage their debt. Additionally, a financial advisor could provide guidance on how to invest in local businesses and other opportunities that are unique to Worcester. By working with a financial advisor, residents of Worcester could gain a better understanding of their financial situation and make more informed decisions about their future.

Insurance Broker

Residents of Worcester, MA can benefit greatly from the assistance of an insurance broker. With the city's diverse population and unique needs, an insurance broker can help individuals navigate the complex world of insurance and find the best coverage for their specific situation. For example, Worcester is known for its harsh winters, which can lead to increased risks for property damage and accidents. An insurance broker can help residents find coverage for these risks, as well as provide guidance on other common concerns such as health insurance, auto insurance, and liability coverage. By working with an insurance broker, residents can feel confident that they have the right coverage to protect themselves and their assets.

Retirement Planning

Residents of Worcester, MA can benefit greatly from the assistance of a retirement planner. With a population of over 180,000 and a median age of 35.9 years, many individuals in Worcester are likely to be in the early stages of their careers and may not have given much thought to retirement planning. A retirement planner can provide guidance on how to save for retirement, including setting up a 401(k) or IRA, and can help residents create a personalized retirement plan that takes into account their unique financial situation and goals. Additionally, with Worcester's cost of living being slightly higher than the national average, a retirement planner can help residents navigate the financial challenges of retirement and ensure that they are able to maintain their desired standard of living throughout their golden years.

Wealth Management

Residents of Worcester, MA can benefit greatly from the services of a wealth manager. One of the most common ways that a wealth manager can help residents of Worcester is by providing personalized investment advice. Worcester is a city with a diverse economy, and a wealth manager can help residents navigate the various investment opportunities available to them. For example, Worcester is home to several colleges and universities, which can provide unique investment opportunities in the education sector. Additionally, Worcester has a strong healthcare industry, which may present investment opportunities in that sector. A wealth manager can help residents of Worcester identify these opportunities and create a customized investment strategy that aligns with their financial goals. Overall, a wealth manager can be an invaluable resource for residents of Worcester looking to grow and protect their wealth.

Mortgage Loan Officer

Residents of Worcester, MA can benefit greatly from the services of a mortgage loan officer. These professionals can assist residents in securing loans to purchase homes, refinance existing mortgages, and consolidate debt. With Worcester being a city that is home to many universities, including Worcester Polytechnic Institute and Clark University, a mortgage loan officer can also help students and faculty members secure financing for off-campus housing. Additionally, Worcester is home to many historic homes, and a mortgage loan officer can help residents secure renovation loans to restore these beautiful homes to their former glory. Overall, a mortgage loan officer can be a valuable resource for residents of Worcester, MA looking to achieve their homeownership goals.

Tax Services

Residents of Worcester, MA can benefit greatly from the expertise of a tax advisor. With its diverse population and range of industries, Worcester presents unique tax challenges that require the guidance of a knowledgeable professional. For example, many residents in the city work in healthcare, education, and manufacturing, which have specific tax regulations and deductions that a tax advisor can help navigate. Additionally, Worcester is home to a significant number of small businesses and entrepreneurs, who may require assistance with tax planning and compliance. A tax advisor can also provide valuable guidance on maximizing deductions, minimizing tax liabilities, and ensuring compliance with state and federal tax laws. Overall, a tax advisor can offer Worcester residents peace of mind and help them make informed decisions when it comes to their finances.

Estate Planning Lawyer

Residents of Worcester, MA can benefit greatly from the expertise of an estate planning lawyer. One of the most common ways that these professionals can help is by creating a comprehensive estate plan that outlines how a person's assets will be distributed after their passing. This is especially important in Worcester, where the population is aging and many residents may not have considered what will happen to their estate. An estate planning lawyer can also help with drafting wills, setting up trusts, and navigating the complex legal system. With their help, residents can ensure that their wishes are carried out and their loved ones are taken care of.


FAQs About Personal Financial Advisors in Worcester, MA