Finding the Top Financial Advisors in New Mexico
If you’re trying to find a financial advisor in New Mexico, SmartAsset can help. We did all the initial research for you, digging through financial firm data and pulling fundamentals such as assets under management (AUM), fees and investment strategy. Then we put the info together, here, for convenient comparing and contrasting. Finding a financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with vetted financial advisors who serve your area, and you can have a free introductory call with your advisor matches to decide which one you feel is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Find a Fiduciary Financial Advisor
We match nearly 50,000 people with financial advisors per month. Get connected to an advisor that serves your area today.| Rank | Financial Advisor | Assets Managed | Minimum Assets | Financial Services | More Information |
|---|---|---|---|---|---|
| 1 | Ulrich Investment Consultants  Find an Advisor | $3,619,832,252 | No set account minimum |
| Minimum AssetsNo set account minimumFinancial Services
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| 2 | Westwind Capital  Find an Advisor | $795,933,599 | $100,000 |
| Minimum Assets$100,000Financial Services
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| 3 | John Moore & Associates, Inc.  Find an Advisor | $970,185,554 | $300,000 |
| Minimum Assets$300,000Financial Services
|
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| 4 | REDW Wealth, LLC  Find an Advisor | $869,194,004 | No set account minimum |
| Minimum AssetsNo set account minimumFinancial Services
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| 5 | Steve Lynch Wealth Management  Find an Advisor | $153,357,000 | $10,000 |
| Minimum Assets$10,000Financial Services
|
| 6 | BCO Wealth Management, LLC  Find an Advisor | $359,771,393 | No set account minimum |
| Minimum AssetsNo set account minimumFinancial Services
|
| 7 | Oakmont Advisory Group, LLC  Find an Advisor | $149,506,723 | $100,000 |
| Minimum Assets$100,000Financial Services
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| 8 | Portfolio Wealth Advisors  Find an Advisor | $395,456,386 | $1,500,000 |
| Minimum Assets$1,500,000Financial Services
|
| 9 | Cross State Financial Group, LLC  Find an Advisor | $188,304,908 | $50,000 |
| Minimum Assets$50,000Financial Services
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| 10 | Horizons Sustainable Financial Services  Find an Advisor | $151,158,000 | No set account minimum |
| Minimum AssetsNo set account minimumFinancial Services
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What We Use in Our Methodology
To find the top financial advisors in New Mexico, we first identified all firms registered with the SEC in the state. Next, we filtered out firms that don't offer financial planning services, those that don't serve primarily individual clients and those that have disclosures on their record. The qualifying firms were then ranked according to the following criteria:
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AUMFirms with more total assets under management are ranked higher. -
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Individual Client CountFirms who serve more individual clients (as opposed to institutional clients) are ranked higher. -
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Clients Per AdvisorFirms with a lower ratio of clients per financial advisor are ranked higher. -
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Age of FirmFirms that have been in business longer are ranked higher.
All information is obtained through public records and is updated annually after the firms’ form ADV filing. This list may include firms that have a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. Such relationships have no impact on our rankings, and firms are included and ranked based strictly on the above criteria. SmartAsset is not a client of the aforementioned firms, and did not receive compensation for including any of the firms on the aforementioned list.
Ulrich Investment Consultants
Located in Albuquerque, Ulrich Investment Consultants (UIC) leads off our list of the top-rated advisors in the Land of Enchantment. It works with individuals, both above and below the high-net-worth threshold, as well as a range of institutional clients like retirement plans, charities, soveriegn nations and Taft Hartley plans, corporations and other businesses.
UIC operates as an open-architecture firm. So when you work with the firm, you have access to numerous outside partners who can help you meet your financial goals. It also utilizes different software and tools to help its clients.
As for advisroy services, UIC provides tailored investment management and financial planning. UIC manages portfolios on discretionary and non-discretionary bases, offering services such as asset allocation, financial modeling, and investment manager selection, while also addressing tax, estate, and retirement planning needs. The firm also provides fiduciary guidance, comprehensive reporting and educational support to retirement plans.
UIC looks to create diversified investment portfolios, based on your individual circumstances such as risk tolerance and time horizon. It invests in a variety of different asset classes including mutual funds, exchange-traded funds (ETFs), index funds and alternative investments. In evaluating these securities, the firm turns to several different sources such as market and financial data published by major firms like Morningstar and Callan Associates.
Spence Asset Management
Westwind Capital is a fee-only firm that generally requires a minimum investment of $100,000 to establish a relationship. Based in Las Cruces, West Wind Capital works with high-net-worth and non-high-net-worth individuals, pensions and profit-sharing plans, charities, municipal governments and corporations.
As a fee-only firm, its compensation comes solely from the fees that advisory clients pay for services – not third-party sales commissions. The firm charges an asset-based fee for portfolio management services and hourly or fixed fees for stand-alone financial planning services.
Westwind Capital employs a variety of portfolio models. Each has its own asset allocation and objective. The firm may invest your assets in one it deems appropriate for you based on your individual financial situation and goals. The firm also uses various sources to analyze the securities it invests in as well as overall market conditions. This includes readily available info like financial media and industry research.
John Moore & Associates, Inc.
John Moore & Associates (JMA) is a fee-based firm that serves high-net-worth and non-high-net-worth clients, pension and profit-sharing plans, charities and corporations. The firm typically requires a $300,000 account minimum. The firm only provides personalized asset management and financial planning services tailored to clients' goals, risk tolerance and time horizons.
The firm notes that some of its owners and associates are independent insurance agents who can earn third-party comissions when selling insurance products. This is a conflict of interest because commissions act as a financial incentive for advisors to make certain reccomendations to clients when other products or services may be more appropriate or affordable. However, JMA is a fiduciary and must act in your best interests.
The firm has a variety of investment strategies, such as the JMA Asset Allocation Model for diversified equity exposure, Dynamic Equity for capital appreciation, Managed Bond for fixed-income preservation, Income Model for cash flow, and Equity Income for large-cap dividend growth. Additionally, JMA offers customized portfolios for wrap fee programs and accommodates client-designated investments without advisory fees when requested.
REDW Wealth
REDW Wealth is a fee-only firm that works with both high-net-worth individuals and non-high-net-worth individuals, as well as pension and profit-sharing plans, charities and corporations. There is no account minimum balance for clients. In addition to investment management, the firm can create a comprehensive financial plan to help you address aspects of your financial life based on your individual needs.
As a fee-only firm, advisors earn fees solely from clients for services rendered. They do not earn commissions from third-party firms for selling annuities, insurance, stocks, bonds, mutual funds or other products. As for fees, the firm charges an asset-based fee for investment management services and a separate fee for financial planning, which starts at $3,500.
REDW Wealth emphasizes strategic asset allocation when it comes to investing. This means it seeks to create diversified portfolios that adhere to your individual circumstances such as risk profile and personal goals. In evaluating these investments, the firm turns to several different sources of information such as financial media, fund prospectuses and research published by third parties.
Steve Lynch Wealth Management
Steve Lynch Wealth Management is an SEC-registered investment adviser that primarily works with individuals and families. The firm provides ongoing investment management and financial planning. Standard monitoring is quarterly, and accounts are managed on a non-discretionary basis, meaning clients retain final decision-making authority on trades.
Clients pay an asset-based advisory fee that is billed quarterly in advance and debited from the custodial account; the rate is negotiated with each client. The CRS highlights that fees don’t vary by product type and that clients also bear usual custodial/transaction charges and any underlying fund expenses for vehicles like mutual funds.
Advice is not limited to proprietary products, and the firm states it does not use third-party managers, does not engage in revenue sharing, and does not conduct principal trades. Planning is ongoing and iterative, the process begins with discovery, followed by tailored recommendations, and continued “tweaks” to keep the plan aligned with client goals over time.
BCO Wealth Management
BCO Wealth Management is a fee-based firm that serves individuals, high-net-worth individuals, charitable organizations and pension and profit-sharing plans. The firm provides investment strategy, personal investment management and portfolio monitoring as well as assistance in related matters.
As a fee-based firm advisors may receive commissions from insurance companies when they sell policies, such as annuities, to clients. However, as a fiduciary, BCO must always put each client's best interests first, at all times.
BCO Wealth Management employs a personalized, goals-based investment strategy that tailors portfolios to each client’s objectives, risk tolerance and time horizon, as outlined in a custom investment policy statement. Services include investment strategy, asset allocation, portfolio monitoring, and risk management, with discretionary authority to execute trades.
It utilizes SEI’s Asset Allocation Program for mutual fund portfolios and may collaborate with third-party advisors, conducting due diligence and ongoing performance reviews to ensure alignment with client goals.
Oakmont Advisory Group
Oakmont Advisory Group, LLC is a fee-based advisory firm serving individuals, high-net-worth individuals, and pension and profit-sharing plans. The firm generally requires a $100,000 minimum household account value, although this may be waived at the advisor’s discretion. Oakmont’s materials also reference clients with a retirement nest egg of at least $300,000.
The firm offers the services of portfolio management, pension consulting and selection of third-party investment advisors. Financial planning services may cover areas such as retirement planning, estate guidance, tax guidance and healthcare guidance.
Oakmont may use long-term trading, short-term trading and options strategies. Its analysis methods include fundamental analysis, cyclical analysis, modern portfolio theory, quantitative analysis and technical analysis. Client portfolios may include mutual funds, fixed-income securities, equities, ETFs, annuities, non-U.S. securities and options.
Portfolio Wealth Advisors
Portfolio Wealth Advisors (PLLC) is a fee-only firm works with high-net-worth and non-high-net-worth individuals. Located in Albuquerque, PLLC requires a $1.5 million asset minimum – the highest of any advisor on this list.
For its advisory services, the firm mainly charges asset-base fees and hourly fees. PLLC charges clients one rate based on a percentage of their assets under management.
Portfolio Wealth says on its brochure that it uses a combination of fundamental analysis and technical analysis to assess risk and global market opportunities. The firm manages clients' assets on a fully discretionary basis using wrap fee programs. This firm typically constructs profolios using exchange-traded funds, as well as mutual funds that do not charge 12b-1 fees.
Cross State Financial Group
Cross State Financial Group, LLC is a fee-based advisory firm headquartered in Albuquerque, New Mexico. The firm works with individuals, high-net-worth individuals, charities, retirement plans, trust company clients and small business clients. The firm typically requires a $50,000 account minimum, although it may waive this requirement at its discretion.
Services offered by the firm include financial planning, held-away retirement account planning, discretionary portfolio management and more. The firm’s financial planning services may encompass areas like budgeting, income planning, cash management, risk management, estate planning, tax issues, retirement planning and more.
The firm uses fundamental analysis and tactical asset allocation. Portfolios may include stocks, bonds, mutual funds, ETFs, government debt, options, REITs, limited partnerships, managed futures, money market funds and other securities.
Horizon Sustainable Financial Services
Horizons Sustainable Financial Services finishes off our list of the top financial advisors in New Mexico. The firm works with individuals, high-net-worth individuals, trusts, estates, foundations, charitable organizations, businesses, pension plans and profit-sharing plans. The firm does not require a minimum income level, minimum asset level or other conditions for its services.
The firm offers portfolio management, investment supervisory services and financial planning services. The latter may cover cash flow and debt management, insurance analysis, employee benefits, retirement planning, tax planning strategies, education funding, estate planning and periodic reviews. Horizons also provides sub-advisory services and consulting to other advisory firms on sustainable, responsible and impact investing portfolios and platforms.
Horizons uses a sustainable, responsible and impact investing framework that may include screening, shareholder advocacy, community investing and impact investing. The firm may also use active management, passive management, core-and-satellite portfolio construction and fundamental analysis, depending on the client’s objectives, risk tolerance and investment policy.
