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Top Financial Advisors in Philadelphia, PA

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SmartAsset.com maintains strict editorial integrity. This review was produced by SmartAsset based on publicly available information. The named firm and its financial professionals have not reviewed, approved, or endorsed this review and are not responsible for its accuracy. Review content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named firm and its financial professionals, and firms and financial professionals having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s reviews. This page contains links to SmartAsset’s financial advisor matching tool, in which SmartAsset is compensated for lead referrals, which may or may not match you with the firm mentioned in this review or its financial professionals.

Finding a Top Financial Advisor Firm in Philadelphia, Pennsylvania

Finding the right financial advisor isn’t easy, especially when you have dozens of options to choose from. This list of the top Philadelphia financial advisor firms should make the search a little easier. Compiled through extensive research, our list lays out the top firms’ fees, expertise, investment strategies and more in tables and reviews.

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Rank Financial Advisor Assets Managed Minimum Assets Financial Services More Information
1 myCIO Wealth Partners, LLC myCIO Wealth Partners, LLC logo Find an Advisor

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$14,415,669,677 $1,000,000
  • Financial planning
  • Portfolio management 
  • Pension consulting services
  • Selection of other advisors (including private fund managers)

Minimum Assets

$1,000,000

Financial Services

  • Financial planning
  • Portfolio management 
  • Pension consulting services
  • Selection of other advisors (including private fund managers)
2 Financial Integrity Advisors, LLC Financial Integrity Advisors, LLC logo Find an Advisor

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$3,523,888,102 $250,000
  • Financial planning
  • Portfolio management
  • Pension consulting services
  • Educational seminars/workshops

Minimum Assets

$250,000

Financial Services

  • Financial planning
  • Portfolio management
  • Pension consulting services
  • Educational seminars/workshops
3 FFT Wealth Management FFT Wealth Management logo Find an Advisor

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$6,051,403,909 No set account minimum
  • Investment management
  • Financial planning

Minimum Assets

No set account minimum

Financial Services

  • Investment management
  • Financial planning
4 LGL Partners, LLC LGL Partners, LLC logo Find an Advisor

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$847,859,613 No set account minimum
  • Financial planning
  • Portfolio management

Minimum Assets

No set account minimum

Financial Services

  • Financial planning
  • Portfolio management
5 Roffman Miller Associates, Inc. Roffman Miller Associates, Inc. logo Find an Advisor

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$2,895,159,684 $500,000
  • Financial planning
  • Portfolio management 
  • Educational seminars

Minimum Assets

$500,000

Financial Services

  • Financial planning
  • Portfolio management 
  • Educational seminars
6 Bryn Mawr Capital Management Group Bryn Mawr Capital Management Group logo Find an Advisor

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$3,011,732,671 Varies based on account type
  • Financial planning
  • Investment management

Minimum Assets

Varies based on account type

Financial Services

  • Financial planning
  • Investment management
7 Wescott Financial Advisory Group, LLC Wescott Financial Advisory Group, LLC logo Find an Advisor

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$3,725,004,015 Varies based on account type
  • Financial planning
  • Portfolio management 
  • Pension consulting

Minimum Assets

Varies based on account type

Financial Services

  • Financial planning
  • Portfolio management 
  • Pension consulting
8 RTD Financial Advisors, Inc. RTD Financial Advisors, Inc. logo Find an Advisor

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$2,381,633,715 No set account minimum
  • Financial planning
  • Portfolio management
  • Pension consulting

Minimum Assets

No set account minimum

Financial Services

  • Financial planning
  • Portfolio management
  • Pension consulting
9 Mitchell Sinkler & Starr Mitchell Sinkler & Starr logo Find an Advisor

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$1,771,245,020 $2,000,000
  • Financial planning
  • Portfolio management

Minimum Assets

$2,000,000

Financial Services

  • Financial planning
  • Portfolio management
10 Prudent Management Associates Prudent Management Associates logo Find an Advisor

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$1,137,447,848 $1,000,000
  • Financial planning
  • Portfolio management

Minimum Assets

$1,000,000

Financial Services

  • Financial planning
  • Portfolio management

What We Use in Our Methodology

To find the top financial advisors in Philadelphia, we first identified all firms registered with the SEC in the city. 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:

  • AUM
    Firms with more total assets under management are ranked higher.
  • Individual Client Count
    Firms who serve more individual clients (as opposed to institutional clients) are ranked higher.
  • Clients Per Advisor
    Firms with a lower ratio of clients per financial advisor are ranked higher.
  • Age of Firm
    Firms that have been in business longer are ranked higher.
  • Fee Structure
    Firms with a fee-only (as opposed to fee-based) compensation structure 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.

myCIO Wealth Partners

myCIO Wealth Partners is a fee-only firm that requires an account minimum asset level of $1 million. It almost exclusively serves high-net-worth individuals. Institutional clients also include charities and businesses.

The advisory team holds multiple certifications, including certified financial planners (CFPs) and chartered financial analysts (CFAs), among other designations.

myCIO's primary investment strategies are long-term purchases, defined as securities held at least a year, and short-term purchases, defined as securities sold within a year. The firm primarily allocates its clients' assets among stocks, bonds, fixed-income securities, mutual funds, exchange-traded funds, private investment funds, non-traded/non-public REITs, subadvisors and independent managers.

As part of its specialization in alternative investment consulting, myCIO reviews and recommends a range of alternative investments, with a focus on long and short equity.

Financial Integrity Advisors

Financial Integrity Advisors is a fee-based firm whose staff holds several financial certifications, including accredited investment fiduciary (AIF), life underwriter training council fellow (LUTCF) and registered financial consultant (RFC), among others.

The firm generally requires a minimum of $250,000 to open an account, though this minimum may be lowered or waived in certain circumstances. For institutional clients, the minimum account size is $10 million.

Financial Integrity Advisors tailors its investment advisory and financial planning services to each client’s unique goals, financial situation, time horizon, risk tolerance, and liquidity needs. The firm offers both discretionary and non-discretionary asset management, financial planning, ERISA plan advisory services, and institutional asset management.

FFT Wealth Management

FFT Wealth Management is a fee-only firm that works with high-net-worth individuals and charitable organizations.

The firm generally charges new clients an annual fee that is based on a percentage of assets under management. This rate can range between 0.25% and 1.50%. It does not impose a minimum account balance to engage in services.

FFT Wealth Management recommends financial investments based on the risk tolerance, time horizon and investment needs of clients.

The firm provides a variety of services, including investment management, financial planning and consulting services.

LGL Partners

LGL Partners is a fee-only firm that serves high-net-worth individuals, pooled investment vehicles and charitable organizations.

The firm does not impose a minimum account balance to engage in services. However, it will generally charge new clients an annual fee that is based on a percentage of assets under management, which generally ranges between 0.25% and 1.50%.

As with other firms, LGL Partners says that it makes financial recommendations based on a client’s risk tolerance, time horizon and other factors that impact a clients’ investment needs.

The firm provides investment management, financial planning and consulting services.

Roffman Miller Associates

To become a client of Roffman Miller Associates you’ll need at least $500,000 in investable assets. However, under certain circumstances, the firm may be willing to accept less from a new client.

Roffman Miller Associates holds multiple certifications, including Certified Financial Planners™ (CFPs®) and chartered financial analysts (CFAs). This is a fee-only firm, which means that it does not receive commissions from selling you insurance or other financial products.

Roffman Miller primarily focuses on investment management, though it also offers financial planning services

The firm's investment strategy rests on the belief that long-term investing is the most effective way to grow wealth. The firm aims to meet long-term goals and to reduce the volatility of returns. At Roffman Miller, each client portfolio is tailored to individual client needs. Typically, portfolios include individual stocks, bonds, mutual funds and exchange-traded funds (ETFs).

Roffman Miller has an in-house investment committee that conducts research to identify potential investment opportunities. The firm typically sticks to a value-oriented investment selection process, and it uses a variety of asset classes.

Bryn Mawr Capital Management Group

Bryn Mawr Capital Management is a fee-only firm that works with both non-high-net-worth and high-net-worth individuals, as well as banks or thrift institutions, retirement plans, charitable organizations, other investment advisors and businesses.

The firm generally imposes a minimum portfolio size that ranges between $500,000 and $1 million.

Bryn Mawr Capital Management makes financial recommendations based on risk tolerance, time horizon and investment needs.

The firm offers a variety of investment advisory services, including financial planning and investment management.

Wescott Financial Advisory Group

Wescott Financial Advisory Group primarily works with both non-high-net-worth and high-net-worth individuals, as well as retirement plans, charities and businesses.

The account minimum at Wescott varies by account. You'll need at least $500,000 for its Entrada Management Program, which the fee-only firm developed to provide investment management services to clients with less than $2 million in investable assets.

For its Wealth Management Program, you'll need at least $2 million. The firm's family office services require at least a $50,000 annual fee.

Wescott Financial multiple certifications, including Certified Financial Planners™ (CFPs®) and chartered life underwriters (CLUs), among other designations.

The firm offers a wealth management program and financial planning, which encompasses personal planning, cash flow and tax planning, investments, insurance, retirement, death and disability and estate planning.

Wescott Financial Advisory Group customizes portfolios based on clients liquidity needs, risk tolerance and goals.

RTD Financial Advisors

Founded in 1983, RTD Financial Advisors has an advisory team with multiple certifications, including Certified Financial Planners™ (CFPs®), among other designations.

RTD Financial Advisors’ client base is comprised of non-high-net-worth and high-net-worth individuals, as well as retirement plans, charities, government entities and businesses. 

The firm does not have a set account minimum, but it does have minimum fees that vary depending on the service. This is a fee-only firm, which means all of its compensation comes from its clients.

RTD offers investment management and comprehensive financial planning services. These include income tax planning, investment planning, retirement planning, education planning, estate planning, cash flow planning and more. 

The firm works with clients to build a robust investment plan for their future. Furthermore, RTD advises people as they approach retirement, as well as during retirement. Part of this process is crafting a personalized investment strategy that aligns with a client's long-term goals and values. The firm's investment approach focuses on efficiency. It aims to minimize costs and maximize after-tax returns and opts for low-cost investment options.

Mitchell Sinkler & Starr

Mitchell Sinkler & Starr serves high-net-worth individuals and their families, as well as investment companies and charities.

The firm requires a $2 million minimum account size, though it’s willing to waive this under certain circumstances.

As a fee-only firm, Mitchell Sinkler & Starr does not receive any third-party sales commissions for financial products sold to clients. A fee-based firm, on the other hand, would.

The firm’s services are significantly focused on investment management. However, it also has financial planning offerings like tax planning, retirement planning, estate planning and more.

Mitchell Sinkler & Starr invests client assets according to each of their individual goals and situations. This means the firm will do a deep dive into your long- and short-term financial objectives, risk tolerance, time horizon and income needs for the future.

The firm tends to prefer long-term investing strategies. It may use both bottom-up and top-down approaches when analyzing investments for you and other clients’ portfolios.

Prudent Management Associates

Prudent Management Associates works primarily with individual clients. Of these individuals, about 80% are individuals with a high net worth. The client base doesn't stop there, also consisting of pensions, profit-sharing plans, charitable organizations and businesses. If you're interested in working with Prudent, you'll also need at least $1 million in investable assets, though the firm may be willing to adjust that requirement.

Prudent is a fee-only firm that does not receive third-party commissions. The firm only collects advisory fees directly from clients, and is therefore not subject to a potential conflict of interest like a fee-based firm would be.

This firm provides broad-based financial planning and portfolio management to clients on a discretionary basis. Prudent, through providing holistic wealth management services, looks to tailor its investment strategies to the risk tolerance of each client on an individual basis. Investment strategies may not vary significantly between clients, as the firm uses a variety of investment portfolios, each designed to take a certain amount of risk. These risk portfolios fall into the following categories: small, moderate, substantial and all-equity.

Advisors at Prudent invest using only low-cost, low-turnover and no-load mutual funds. They rely heavily on modern portfolio theory and thoroughly evaluate portfolio managers before selecting them.

How Long $1mm Lasts in Retirement

SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Zoom between states and the national map to see the top spots in each region. Also, scroll over any city to learn about the cost of living in retirement for that location.

Least
Most
Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology We analyzed data on average expenditures for seniors, cost of living and investment returns to determine how many years of retirement a $1 million nest egg would cover in cities across America.

First, we looked at data from the Bureau of Labor Statistics (BLS) on the average annual expenditures of seniors. We then applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. Using this data, SmartAsset calculated the average cost of living for retirees in the largest U.S. cities.

We assumed the $1 million would grow at a real return (interest minus inflation) of 2%. Then, we divided $1 million by the sum of each of those annual numbers to determine how long $1 million would cover retirement expenses in each of the cities in our study. Cities where $1 million lasted the longest ranked the highest in the study.

Sources: Bureau of Labor Statistics (BLS), Council for Community and Economic Research