Find a Financial Advisor in Salem, MA

 

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We did the hard work of finding trustworthy partners in Salem, MA.

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We Only Work With The Best Salem 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 Bloomberg, Wall Street Journal, Financial Times, Marketwatch, Forbes, Barron’s, and many more

Conflict Free

Our partners will never sell investment products they receive a commission from

Experience

All of our partners have been in business for 10+ years

Education & Designations

All of our partners are advisors who hold the proper designations from FINRA

Trustworthiness

All of our partners meet the highest standard of trust with no outstanding disciplinary history from the SEC

 

Our Process for Choosing
An Independent Financial Advisor in Salem, MA


  • Financial Advisor Close to Salem, MA

  • 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

The Value of Working With the Best Financial Planners in Salem, MA


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 Salem, MA

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

  • Population: 43,252
  • % of Population 62 Years and Over: 19.5%
  • Average Home Value: $366,100
  • Average Monthly Housing Cost: $1,472
  • Average Household Income: $87,095
  • Massachusetts Total Tax Burden: 8.77% (20th Highest in U.S.)
  • Massachusetts Property Tax: 3.57% (13th Highest in U.S.)
  • Massachusetts Individual Income Tax: 3.29% (6th Highest in U.S.)
  • Massachusetts Sales and Excise Tax: 1.91% (6th Lowest in U.S.)



The Top Financial Advisor Firms in Salem, MA

 

CABOT WEALTH MANAGEMENT

Website

(978) 745-9233

216 Essex Street

Salem, MA 1970

SEC#: 801-19708
Years in Business: 38 years

BECK BODE LLC

Website

(603) 896-6400

103 Stiles Road
Suite 203
Salem, MA 3079

SEC#: 801-107188
Years in Business: 5 years

FLAGSHIP HARBOR ADVISORS, LLC

Website

(978) 594-8828

11A Derby Square

Salem, MA 1970

SEC#: 801-71997
Years in Business: 11 years

FLAGSHIP HARBOR ADVISORS, LLC

Website

(978) 594-8828

11A Derby Square

Salem, MA 1970

SEC#: 801-71997
Years in Business: 11 years

 


Salem, MA Financial Advisor FAQs

First, look for someone with the CERTIFIED FINANCIAL PLANNER® designation. Certified Financial Planners®, unlike many other certifications in the industry, require both academic education and work experience before granting certification. They also abide by an ethical standard that mandates impartiality in providing advice and must act in their clients' best interests over their own.
For best results, you should do your own background research before meeting with any potential advisors. With that being said, there are some traits that provide good indications of whether or not an advisor will be able to help you reach your goals.
A financial adviser can charge anywhere from $40 to $170 for an hourly meeting depending on the complexity and difficulty of your personal situation. These fees may sound like a lot but they're often comparable to those charged by other professionals such as lawyers, accountants, dentists and therapists.
A financial advisor's job can vary depending on the type of financial service provided to a client. RIA are most appropriate for people with significant assets that have an interest in long-term wealth management or who need comprehensive tax advice (). Broker-dealers provide less personalized service but often at lower costs ().