Top Financial Advisors in Delaware

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Diversified is a fee-based financial advisory firm. The firm caters to a diverse clientele including individuals, high-net-worth individuals, corporations, pension and profit-sharing plans, as well as trusts, estates, charitable organizations and pooled investment vehicles. Notably, Diversified does not require a minimum account size, though they do have an initial financial planning fee of $500, which may be waived or reduced at their discretion. 

As a fee-based firm, there is the potential for a conflict of interest as the firm and its advisors may earn commissions on the sale of certain securities. However, the firm is bound by a fiduciary duty to put the needs of the client first.

The firm employs a comprehensive investment approach that includes global asset allocation, diversification, long-term investment strategies and adherence to Modern Portfolio Theory. The firm tailors investment portfolios to each client's unique financial situation, predefined objectives and risk tolerance. Other critical factors considered include the client's time horizon, financial information, liquidity needs, suitability factors, and any restrictions and guidelines set by the client.

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Affinity Wealth Management is a large fee-based firm that works mainly with non-high-net-worth individuals. It also works with high-net-worth individuals, pensions, profit-sharing plans, charitable organizations and government entities. There is no set account minimum.

Some advisors at Affinity may receive commissions from the sale of insurance or securities to clients. This is what makes the firm fee-based. As a result, it is subject to a potential conflict of interest. The firm, however, is bound by fiduciary duty and is obligated to always act in the best interests of clients.

Affinity provides investment management services, financial planning services and retirement plan advisory services. It provides a wrap fee program and the vast majority of its assets are managed on a discretionary basis.

Investment strategies at Affinity Wealth Management are tailored to the needs of clients. This process includes creating an investment program or placing clients into a model portfolio. When it comes to creating an investment plan, advisors take into account investment goals, desired investment strategies, risk tolerance and more.

Investment portfolios typically consist of mutual funds, exchange-traded funds (ETFs), bonds, stocks, options contracts, certificates of deposit (CDs), foreign securities, real estate investment trusts (REITs) and other alternative investments. Advisors use fundamental, technical, cyclical and charting analysis methods to evaluate potential investments, and typically take a long-term approach to investing. 

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A Wilmington-based financial advisor firm, Clariti Wealth Advisors does not technically have a minimum investment requirement, as its clients generally have at least $1 million in assets or will be reaching that level soon. Clariti advises mostly high-net-worth individuals, though it does also work with individual investors who don't have a high net worth. The firm also serves charities and businesses.

The advisor has a small team of advisors on staff. The advisors at the firm have amassed a number of certifications, including Certified Financial Planner™ (CFP®), certified public accountant (CPA), certified divorce financial analyst (CDFA) and more. 

Clariti Wealth Advisors is a fee-only firm, with fees based on a client's amount of assets under management.

The following services are offered by Clariti:

• Financial planning
• Estate tax planning
• Portfolio monitoring
• Investment management

Diversification is the most important part of Clariti Wealth Advisors' investment strategy. The firm invests in stocks, bonds, mutual funds, ETFs, alternatives and other appropriate investments. It looks to establish cash flow for clients in retirement. 

With regards to mutual funds and ETFs, both passively and actively managed funds are considered. Within actively managed funds, the firm uses a number of styles, market caps and investing methodologies.

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This Wilmington-based firm works with a few hundred individual clients with and without a high net worth, as well as a handful of pension plans, insurance companies and businesses. The firm doesn't have a minimum investment requirement.

The advisory staff here also holds a wide range of certifications. These include Certified Financial Planner™ (CFP®), accredited investment fiduciary (AIF), chartered financial consultant (ChFC), chartered financial analyst (CFA), certified divorce financial analyst (CDFA), accredited portfolio management advisor (APMA) and more.

Some of the advisors at this firm can sell insurance and securities for commissions, which is a potential conflict of interest. However, the firm's fiduciary duty means it must act in clients' best interests though.

Generally speaking, investment management and financial planning are the two main offerings at RiversEdge. According to the firm's website, it typically services individuals like entrepreneurs, executives, retirees, pre-retirees and young professionals.

RiversEdge Advisors works with its clients to develop an investor profile before allocating any of their funds to various assets. This involves discussing clients' risk tolerance, time horizon, income and liquidity needs and overall financial goals. From this, a portfolio plan is built according to your needs.

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Westover Capital Advisors recommends that you have at least $1 million ready to invest prior to opening a relationship with one of its advisors. This firm’s headquarters is in Wilmington, and it is fee-only, meaning all of its compensation comes from client-paid fees.

The firm works both with high-net-worth and non-high-net-worth individual clients. Charitable organizations, pensions and profit-sharing plans are also among the clients of this firm. 

The advisory services available through this firm include:

• Financial planning
• Retirement planning
• Insurance planning
• Social Security planning
• Estate planning
• Trust planning
• Tax minimization
• Charitable gift planning

Many firms avoid using short-term investment strategies, as they’re generally riskier. But Westover Capital Advisors combines the principles of long-term and short-term investing to attempt to match the risk tolerance, time horizon and liquidity needs of clients.

Westover will use as many investment types as necessary to flesh out its client portfolios, provided that they fit what’s needed to meet client's needs and objectives. 

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At Crowley Wealth Management, individual investors who don't have a high net worth make up the majority of the firm's client base. However, high-net-worth individuals and a single pension plan round out the firm's client list.

Crowley has one of the smallest advisory staffs on this list. Their team includes advisors holding Certified Financial Planner™ (CFP®) and chartered financial analyst (CFA) credentials. This fee-only financial advisor firm is located in Wilmington and has no account minimum.

Crowley Wealth works in a multitude of financial areas, such as retirement planning, wealth management, estate planning, tax management, insurance planning and cash flow management.

Crowley Wealth Management primarily assumes a long-term approach to investing, but may incorporate short-term strategies at certain times. When it comes to actual investment types, Crowley mostly works within individual equities, bonds and mutual funds. However, its choices are not limited to just these, as ETFs, options, government securities, warrants, CDs and commercial paper may make it into your portfolio.

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BDFS Capital LLC, which markets itself as Black Diamond Financial Services, is a fee-based firm that does not impose a minimum account size requirement. The vast majority of BDFS Capital's client base comprises individuals without a high net worth. However, the firm also works with some high-net-worth clients, as well as a handful of charitable organizations. 

Located in Rehoboth Beach, BDFS Capital charges asset-based fees for portfolio management, and either fixed or hourly fees for standalone financial planning. Fixed fees can range from $500 to $5,000 while hourly rates are typically between $100 and $250.

Keep in mind that BDFS Capital is a fee-based firm whose advisors may earn third-party compensation when selling securities or insurance products. These sales commissions come on top of the fees you pay as an advisory client. While this extra compensation may be a conflict of interest, the firm is a fiduciary and must act in your best interests. 

The BDFS Capital team includes advisors with a range of financial credentials, including the Certified Financial Planner™ (CFP®), enrolled agent (EA), chartered financial consultant (ChFC), chartered retirement planning counselor (CRPC) and accredited investment fiduciary (AIF) designations.

While the firm offers traditional portfolio management and sponsors a wrap-fee program, it may allocate your assets to model portfolios on the Betterment platform, a robo-advisor. When it comes to specific services, the firm can help with financial planning, retirement planning, insurance planning, tax planning and estate planning.

BDFS Capital typically limits its investment advice to mutual funds, fixed-income securities, real estate funds (including REITs), equities, private equity funds, ETFs (including those that invest in gold and precious metal sectors), treasury inflation-protected/inflation-linked bonds, commodities, non-U.S. securities, venture capital funds and private placements. The firm may incorporate other securities into your portfolio to increase diversification. 

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Grey Fox Wealth Advisors is a fee-based firm based in Delaware that provides wealth management, investment management and financial planning services to individuals, high-net-worth individuals, small businesses and retirement plans.

While the firm describes itself as fee-based, it does not receive commissions for securities transactions or product sales. However, it may recommend affiliated private funds through Grey Fox Capital, LLC, which could pose a potential conflict of interest, though clients are never charged an additional management fee for these investments. As a registered investment advisor, Grey Fox Wealth upholds a fiduciary duty to act in the best interest of its clients.

There is no minimum asset requirement to work with Grey Fox Wealth Advisors. Investment management fees are charged based on a tiered percentage of assets under management, ranging from 1.00% for portfolios under $1 million to 0.30% for portfolios above $20 million. Financial planning services may also be offered on an hourly basis, typically between $450 and $550 per hour, depending on the scope and complexity of the engagement.

Professional certifications among the team include certified public accountant (CPA) and chartered financial analyst (CFA).

Grey Fox Wealth customizes its investment strategies based on clients’ goals, risk tolerance, time horizon and liquidity needs. Portfolios may include mutual funds, ETFs, individual stocks and bonds and alternative investments. 

The firm takes a long-term approach to asset management and uses both fundamental and technical analysis to evaluate potential investments. In addition to managing portfolios, advisors provide holistic financial planning and may coordinate with outside professionals, such as attorneys or accountants, when appropriate.

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Lokken Investment Group is a fee-only firm that caters to a diverse clientele including individuals, high-net-worth individuals, corporations, private funds, and charitable organizations. The minimum investment requirement is set at $100,000, although exceptions can be made at the discretion of the firm. 

This firm assists clients in identifying and achieving their financial objectives through comprehensive planning. Services include reviewing insurance policies to ensure adequate coverage across various areas such as life, health, disability, long-term care, liability, home and automobile. The firm also specializes in investment analysis, offering asset allocation strategies, insights on investment vehicles and support in setting up investment accounts.

The firm employs a comprehensive investment approach that includes fundamental, technical and cyclical analysis. The firm tailors its strategies to align with each client's unique financial landscape, which encompasses their income, tax levels, risk tolerance, individual objectives and time horizons. The firm typically invests in stocks, bonds, commodities, mutual funds and ETFs to diversify and optimize investment portfolios.

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Boothe Investment Group (B.I.G.) is a fee-only advisory firm headquartered in Dover, Delaware.

The firm primarily serves individuals, high-net-worth individuals, retirement plans and business entities. Its client base includes small business owners, corporate professionals and retirees looking for tailored financial planning and investment management solutions.

Boothe Investment Group requires a $250,000 minimum account size for new clients, though this minimum may be waived at the firm’s discretion.

The firm’s professionals include licensed insurance agents, though B.I.G. does not sell insurance products to clients or receive outside commissions. As a fee-only registered investment advisor (RIA), the firm is compensated solely by its clients and operates under a fiduciary duty, meaning it must always act in the best interests of those it serves.

B.I.G. Investment Services creates individualized investment portfolios based on each client’s goals, time horizon, risk tolerance and liquidity needs. The firm primarily uses tactical asset allocation strategies, incorporating index mutual funds, ETFs and individual securities. Its investment approach blends fundamental, technical and cyclical analysis in an effort to minimize risk and capitalize on market opportunities while maintaining broad diversification.