Find a Financial Planner in Westfield, NJ

 

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We Only Work With The Best Westfield 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 Westfield, NJ


  • Financial Advisor Close to Westfield, 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 Westfield Help You?

Wealth management is a type of financial planning that focuses on asset protection and risk management for high-net-worth individuals and organizations. It provides those in the Westfield area with advisory and management services on the full spectrum of a client’s finances, including financial and investment advice, legal and estate planning, accounting, tax services, business financial planning, debt management, and retirement planning.
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 Westfield include retirement planning, investment management, tax planning, estate planning, asset management, and debt management.
17.6% of Westfield'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 Westfield area, this strategy might include income and expense planning, savings strategies, investing advice, and asset and risk management.
The goal of estate planning is to establish a clear plan for the distribution of your assets--called your "estate"--upon your death, incapacitation, or another predetermined condition. Estate planning in the Westfield area is typically done by a financial advisor, but sometimes legal professionals are required to assist with things like a living will.
Business financial planning is the task of mapping out a path to achieving a business's financial goals. These goals are often expanded and reevaluated as the company grows, making financial planning for businesses in the Westfield area an ongoing effort.
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 Westfield 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 involves working with an attorney or financial advisor in the Westfield area to create a financial planning strategy to protect your assets and heirs in the event of death or divorce. It typically 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 Westfield area when dealing with high-interest credit card debt and private student loans.

 

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

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

  • Population: 29,877
  • % of Population 62 Years and Over: 17.6%
  • Average Home Value: $776,900
  • Average Monthly Housing Cost: $2,635
  • Average Household Income: $235,067
  • 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 Westfield, NJ


ROUND TABLE WEALTH MANAGEMENT

Website

(908) 789-7310

241 North Avenue W
Suite 300
Westfield, NJ 07090

SEC#: 801-60139
Years in Business: 20 years

WESTFIELD FINANCIAL PLANNING

Website

(908) 379-2706

316 East Broad Street

Westfield, NJ 07090

SEC#: 801-111888
Years in Business: 3 years

GATEWAY ADVISORY, LLC

Website

(908) 233-8100

900 South Avenue West

Westfield, NJ 07090

SEC#: 801-70890
Years in Business: 11 years

COVINGTON & ASSOCIATES, INC.

Website

(908) 232-4717

597 Westfield Ave

Westfield, NJ 07090

SEC#: 801-60359
Years in Business: 19 years

MERRION INVESTMENT MANAGEMENT CO, LLC

Website

(908) 654-0033

210 Elmer Street

Westfield, NJ 07090

SEC#: 801-65917
Years in Business: 15 years

RARITAN VALLEY CAPITAL MANAGEMENT LLC

Website

(908) 367-5690

240-244 North Ave West
Suite 301
Westfield, NJ 07090

SEC#: 801-80833
Years in Business: 6 years