Springfield, MA Financial Advisors and Resources



Financial Advisor Firms in Springfield, MA


MML INVESTORS SERVICES, LLC

Website

(413) 737-8400

1295 State Street

Springfield, MA 1111

SEC#: 801-44264
Years in Business: 28 years

ST. GERMAIN INVESTMENT MANAGEMENT

Website

(413) 733-5111

1500 Main St
25th Floor
Springfield, MA 1115

SEC#: 801-12471
Years in Business: 44 years

SCHWERIN BOYLE CAPITAL MANAGEMENT, INC

Website

(413) 784-0990

One Monarch Place, Suite 700
1414 Main Street
Springfield, MA 1144

SEC#: 801-35156
Years in Business: 32 years

MML INVESTMENT ADVISERS, LLC

Website

(413) 788-8411

1295 State Street

Springfield, MA 1111

SEC#: 801-78778
Years in Business: 7 years

PEOPLE'S UNITED ADVISORS, INC.

Website

(413) 735-6704

One Monarch Place
10th Floor
Springfield, MA 1144

SEC#: 801-112648
Years in Business: 3 years

CADARET, GRANT & CO., INC.

Website

(413) 736-6712

One Monarch Place
Suite 810
Springfield, MA 1144

SEC#: 801-42709
Years in Business: 28 years

MML INVESTMENT ADVISERS, LLC

Website

(413) 788-8411

1295 State Street

Springfield, MA 1111

SEC#: 801-78778
Years in Business: 7 years

PEOPLE'S UNITED ADVISORS, INC.

Website

(413) 735-6704

One Monarch Place
10th Floor
Springfield, MA 1144

SEC#: 801-112648
Years in Business: 3 years


How Retirement-Friendly is Springfield, MA?

  • Population: 154,139
  • % of Population 62 Years and Over: 15.6%
  • Average Home Value: $158,700
  • Average Monthly Housing Cost: $994
  • Average Household Income: $55,658
  • 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.)


Springfield, MA Financial Advisor FAQs

If you know what types of investments and financial products make the most sense for your situation, then you don't need an advisor. But if you're not sure where to start or want to make sure the decisions are properly thought-out and provide a sound return on your investment over time, then a financial advisor can help build a tailored plan that meets your needs.
A financial advisor is an individual trained in financial planning that helps individuals or organizations make decisions about things to do with finance.
Financial advisors often charge based on the total value of your account, so it's difficult to generalize about pricing. It is usually possible for an advisor to break down this cost in advance with you, so that there are no surprises when it is time to pay. Price can vary widely depending on how much they have invested, what type of investments they have made - if any - and the policies that their advisory firm has established with regards to fees.
If you need an advisor to accommodate your retirement and 401(k) accounts, then a fiduciary is required. A fiduciary service means that the financial advisor is removing self-interest from the equation and putting your best interest ahead of their own.