Find a Financial Planner in Bloomfield Hills, MI

 

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We Only Work With The Best Bloomfield Hills Financial Advisors


We Exclusively Work With Select Partner Firms Who Meet The Highest Standard of Excellence and Trust.

3rd Party Rankings

Our partners have been recognized by some of the best media publication sources like Financial Times, Investor.com, Forbes, and Barron’s

Conflict Free

Our partners will also never sell proprietary investment products

Experience

All leads will be connected with a firm who has been in business for 20+ years

Education & Designations

All leads will be given to a certified CFP with designation from FINRA

Trustworthiness

All of our partners are credible — No conflicts of interest and no disciplinary history

 

Our Process for Choosing
An Independent Financial Advisor in Bloomfield Hills, MI


  • Financial Advisor Close to Bloomfield Hills, MI

  • All Advisors Must Meet Fiduciary Standard

  • “Fee-Only” Compensation To Ensure Conflict-Free Advice

  • Exemplary Disciplinary History

  • Required Education and Designations

  • Expertise with Client’s Specific Needs

 

How Can a CFP® in Bloomfield Hills Help You?

Wealth managers are financial professionals who work to comprehensively build their clients' wealth. Wealth management incorporates nearly all areas of the client's financial life, from investments and asset planning to tax management, retirement, estate planning, and more. In the Bloomfield Hills area, wealth managers are typically used by high-net-worth individuals or high-capital organizations.
Personal financial planning is a service in which a qualified financial planner provides advice, planning, and management services for their clients. The goal of these services in Bloomfield Hills is to help clients better understand finance, map out a plan for future financial success, and offer expert assistance where necessary.
35.5% of Bloomfield Hills's population is of retirement age (62 years and older). For those individuals, the goal of retirement planning is to create a source of income for one’s retirement years. It starts with determining an individual’s retirement goals and then lays out a financial strategy to accomplish them. In the Bloomfield Hills area, this strategy might include income and expense planning, savings strategies, investing advice, and asset and risk management.
Estate planning names the beneficiaries of your estate upon death and who has the responsibility to make healthcare and financial decisions on your behalf if you are incapacitated during life. A comprehensive estate plan includes a living will and other types of legal documentation as needed to achieve its intended outcome. In the Bloomfield Hills area, qualified financial professionals--like financial advisors--offer estate planning services.
Business financial planning sets out the financial path a company takes to achieve its goals over a stated timeline. Business financial planning can be very granular, addressing specific projections for business expansion, equipment needs, staffing, resources, cash flow, and financing options in the Bloomfield Hills area.
The goal of tax planning is to minimize an individual’s or organization’s tax liabilities, while maximizing their overall long-term financial situation. In the Bloomfield Hills area, tax planning is often included with other services like asset management, estate planning, and retirement planning. Tax planning strategies will differ depending on depending on where you live. Michigan has unique laws defining which actions trigger a taxable event and has the 24th highest total tax burden in the U.S., including income, property, and sales tax.
Transition planning for divorce or loss of a spouse is a service offered by many financial advisors, planners, and other professionals in the Bloomfield Hills area. Typically, it includes updating wills and trusts, evaluating life insurances, long-term care arrangements, and creating inventories of bills, financial accounts, and other interests.
Debt consolidation and management typically involves rolling several loans into a single loan with better financing terms, such as a lower monthly payment or interest rate. Debt consolidation is a popular strategy for advisors in the Bloomfield Hills area when dealing with high-interest credit card debt and private student loans.

 

The Value of Working With the Best Financial Planners in Bloomfield Hills, MI


A good financial planner can increase your returns by as much as 3% annually.

Vanguard

$2,010,221.91
Without Advisor

$4,643,687.46
With Advisor

Assuming $350k initial investment at 6% annual growth vs 9% annual growth for 30 years.

Find a Fee-Only Financial Planner Near Bloomfield Hills, MI

We evaluated over 13,000 RIA firms to bring you the best of the best Bloomfield Hills financial advisors.
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How Retirement-Friendly is Bloomfield Hills, MI?

  • Population: 4,004
  • % of Population 62 Years and Over: 35.5%
  • Average Home Value: $883,500
  • Average Monthly Housing Cost: $2,575
  • Average Household Income: $298,982
  • Michigan Total Tax Burden: 8.34% (24th Highest in U.S.)
  • Michigan Property Tax: 3.02% (19th Highest in U.S.)
  • Michigan Individual Income Tax: 2.23% (20th Lowest in U.S.)
  • Michigan Sales and Excise Tax: 3.09% (18th Lowest in U.S.)


The Top Financial Advisor Firms in Bloomfield Hills, MI


NANTUCKET MULTI MANAGERS, LLC

Website

(248) 723-9286

40950 Woodward- Ste 307

Bloomfield Hills, MI 48304

SEC#: 801-62592
Years in Business: 17 years

HERON BAY CAPITAL MANAGEMENT

Website

(248) 970-0900

40701 Woodward Ave
Suite 104
Bloomfield Hills, MI 48304

SEC#: 801-117590
Years in Business: 1 years

GAINPLAN LLC

Website

(248) 385-3737

800 W. Long Lake Road
Suite 100
Bloomfield Hills, MI 48302

SEC#: 801-81166
Years in Business: 6 years

CRANBROOK WEALTH MANAGEMENT, LLC

Website

(248) 362-0900

36330 Woodward Avenue
Suite 200
Bloomfield Hills, MI 48304

SEC#: 801-66180
Years in Business: 15 years

LSIA

Website

(248) 430-0262

39533 Woodward Avenue
Suite 302
Bloomfield Hills, MI 48304

SEC#: 801-69340
Years in Business: 12 years

LIFECYCLE FINANCIAL PLANNERS INC.

Website

(248) 737-7090

40950 Woodward Avenue
Suite 140
Bloomfield Hills, MI 48304

SEC#: 801-112138
Years in Business: 3 years

DIVERSIFIED PORTFOLIOS, INC.

Website

(248) 644-3030

39520 Woodward Avenue
Suite 200
Bloomfield Hills, MI 48304

SEC#: 801-56371
Years in Business: 22 years

INTEGRATED CAPITAL MANAGEMENT

Website

(248) 593-8900

21 E. Long Lake Road
Suite 102
Bloomfield Hills, MI 48304

SEC#: 801-112907
Years in Business: 3 years

NORTHERN FINANCIAL ADVISORS, INC

Website

(248) 985-1632

74 E. Long Lake Rd.
Suite 200
Bloomfield Hills, MI 48304

SEC#: 801-119217
Years in Business: 0 years

PLANNING ALTERNATIVES LTD

Website

(248) 645-1520

36800 Woodward Ave.
Suite 200
Bloomfield Hills, MI 48304

SEC#: 801-18310
Years in Business: 38 years