Find a Financial Planner in Somerset County, NJ

 

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We did the hard work of finding trustworthy partners in Somerset County, NJ.

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We Only Work With The Best Somerset County 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 Somerset County, NJ

  • Financial Advisor Close to Somerset County, NJ

  • 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 Somerset County 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 Somerset County area, wealth managers are typically used by high-net-worth individuals or high-capital organizations.
Personal financial planning focuses on organizing and optimizing a client's finances through risk management, debt reduction, investment management, and more. Some of the most common services in Somerset County include retirement planning, investment management, tax planning, estate planning, asset management, and debt management.
19.0% of Somerset County'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 Somerset County area, this strategy might include income and expense planning, savings strategies, investing advice, and asset and risk management.
Estate planning is defined as the establishment of a legally compliant and comprehensive plan of action for the distribution of your asset base upon your death. In the Somerset County area, estate planning may also consist of legal documentation regarding who is allowed to make medical decisions on your behalf, should you become incapacitated, as well as funeral arrangements.
Business financial planning is a service focused on helping businesses map out steps to achieve a financial goal over a set time. Business financial planning in the Somerset County area addresses the many needs a business has, such as staffing, PP&E (property, plant and equipment), intangible assets, investments, etc.
Tax planning refers to a service offered by qualified financial professionals who analyze your financial situation comprehensively and determine how best to use deductions and write-offs to minimize your tax payments. In the Somerset County 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. New Jersey has unique laws defining which actions trigger a taxable event and has the 6th 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 Somerset County 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 is a good way to make high-interest debts more manageable. Advisors in the Somerset County area can bundle high-interest loans together under more favorable financing terms. This often results in lower interest rates, or lower monthly payments.

 

The Value of Working With the Best Financial Planners in Somerset County, NJ

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 Somerset County, NJ

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

  • Population: 329,838
  • % of Population 62 Years and Over: 19%
  • Average Home Value: $433,100
  • Average Monthly Housing Cost: $1,958
  • Average Household Income: $152,531
  • New Jersey Total Tax Burden: 9.98% (6th Highest in U.S.)
  • New Jersey Property Tax: 4.94% (3rd Highest in U.S.)
  • New Jersey Individual Income Tax: 2.47% (20th Highest in U.S.)
  • New Jersey Sales and Excise Tax: 2.57% (8th Lowest in U.S.)


The Top Financial Advisor Firms in Somerset County, NJ


PARISI GRAY WEALTH MANAGEMENT, LLC

Website

(973) 358-4921

350 Main Street
Suite 1
Bedminster, NJ 07921

SEC#: 801-108904
Years in Business: 4 years

NIUM, INC.

Website

(619) 569-5797

90 Washington Valley Road

Bedminster, NJ 07921

SEC#: 801-119328
Years in Business: 0 years

HERITAGE FINANCIAL COUNSELORS, LLC

Website

(862) 579-2899

442 Main Street (Route 202)

Bedminster, NJ 07921

SEC#: 801-110841
Years in Business: 4 years

IC ADVISORY SERVICES, INC.

Website

(908) 707-4422

1420 Route 206 North
Suite 210
Bedminster, NJ 07921

SEC#: 801-66512
Years in Business: 15 years

MURPHY CAPITAL MANAGEMENT INC

Website

(908) 719-6430

500 Hills Drive
Suite 200
Bedminster, NJ 07921

SEC#: 801-20376
Years in Business: 37 years

GLACIER PEAK CAPITAL MANAGEMENT, LLC

Website

(908) 304-9200

376 Main Street
Suite 100
Bedminster, NJ 07921

SEC#: 801-113285
Years in Business: 3 years