Top Financial Advisor Firms in Reno, NV

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Belpointe Asset Management, which has over $6 billion in assets under management, is the No. 1 firm on our list of the top financial advisors in Reno. This fee-based practice works with individuals, high-net-worth clients, pension and profit-sharing plans, charitable organizations, corporations and other business entities.

While Belpointe does not accept commissions for selling securities, some advisors on staff receive compensation for selling insurnace to advisory clients in their separate capacities as licensed insurance agents and/or registered representatives of a broker-dealer. While this creates a conflict of interest, the firm and its advisors are required to act in clients' best interests.

The firm provides discretionary investment management and financial planning services, including retirement and income planning, college savings and asset preservation. Services may be customized, and advisors can use third-party sub-advisors when appropriate.

Belpointe does not impose a firm-wide minimum account size under its standard advisory program, though its wrap fee program requires a $10,000 minimum investment. Wrap fee programs charge one consolidated fee that covers account management and various brokerage charges that clients would normally pay separately. 

Investment strategies vary across advisors and may include passive, active, tactical or blended approaches. Portfolios typically incorporate domestic and foreign equities, fixed income securities, mutual funds, exchange-traded funds (ETFs), options, private funds and alternative investments. Advisors tailor portfolios based on client goals, risk tolerance and time horizon, combining strategies to balance diversification, risk management and return potential.

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Next on our list is RB Capital Management, a fee-based firm that works with individuals, high-net-worth individuals, corporations and  retirement plans. There is not minimum investment or account size requirement for new clients.

Keep in mind that advisors here may also be insurance agents and receive additional compensation when selling insurance products. These dual roles (advisor and insurance agent) can be confusing and create a conflict of interest, since advisors may have a financial incentive to make certain recommendations over others when performing duties as an insurance agent. However, the firm is obligated to act in clients' best interests as a fiduciary. 

The firm takes its name from founder Rob Ballan's initials. As CEO, he oversees the team and portfolio management process. He is the majority owner of the firm. He leads a team of advisors and portfolio managers who hold various financial credentials, including the Certified Financial Planner™ (CFP®), accredited investment fiduciary (AIF) and certified investment management analyst (CIMA) designations. In addition to its headquarters in Reno, RB Capital Management has offices in Nevada, California, Colorado and Connecticut.

For investment management specifically, it offers asset allocation and diversification, distribution of wealth across a range of economic sectors and strategies, due diligence on all investments, client-focused personalized portfolios, continuous monitoring and a fee based on account balance. Clients also have the room to request certain uses or restrictions on how their money is used.

The firm also offers financial planning services and a wrap fee program.

When providing asset management and investment advisory services, the firm focuses on hedged strategies and managed fixed-income portfolios. The firm's goal is to maximize client returns while limiting risk. It does this by developing "diversified, personalized portfolios," according to the firm's Form ADV brochure.  

The process at RB Capital Management begins with a client interview to understand their situation and risk. Then firm then creates an action plan, designed for the long term. It uses a combination of fixed-income, equities and alternative investments such as precious metals, real estate and commodities.

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American Wealth Management (AWM) is a fee-based practice founded in 1988, making it one of the oldest firms on this list. While it requires a minimum account size of $300,000, the firm works with a range of clients, including individuals, high-net-worth individuals, pension and profit-sharing plans, as well as charitable organizations. 

The firm offers a variety of services, including traditional investment management and financial planning. AWM also provides separately managed accounts to other financial advisors and their clients, model portfolio strategies and investment recommedations to participants of employer-sponsored retirement plans. 

The team at AWM includes advisors and analysts who hold the Certified Financial Planner™ (CFP®), Chartered Financial Analyst (CFA), accredited investment fiduciary (AIF) and chartered market technician (CMT) designations. However, advisors may earn sales commissions as a result of certain insurance and/or securities transactions, creating a conflict of interest. Keep in mind that the firm has fiduciary duty to always act in your best interests. 

AWM manages client portfolios primarily through ETFs and mutual funds, with individual securities used as needed. Tactical strategies prioritize total return over tax efficiency, often leading to high turnover, increased costs and potential tax consequences. Core strategies are lower-turnover and more tax-sensitive.

AWM makes independent, discretionary investment decisions guided by a proprietary system that ranks asset classes based on price momentum and trends. While these rankings are central, final decisions may differ based on portfolio concentration concerns or manager judgment. The system relies on third-party data, and AWM is not liable for investment outcomes resulting from data errors or system inaccuracies.

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Schultz Financial Group Incorporated, a fee-only firm, caters to a diverse range of clients including individuals, high-net-worth individuals, trusts, estates and business entities. While the firm generally requires a minimum $10,000 annual fee for its Combined Wealth and Investment Management Services, they have the discretion to reduce or waive this fee based on various criteria such as net worth, legacy relationships, managed account composition and the level of services required.

This firm offers a wide range of services to cater to the diverse needs of its clients. These services include combined wealth and non-discretionary investment management, real estate advisory, philanthropic planning, multi-advisor coordination, legacy planning and wealth transfer, stand-alone wealth management services, estate planning, insurance planning and tax planning.

Schultz Financial Group Incorporated has been in operation since 1982, making it the second-oldest firm on this list. The firm has multiple Certified Financial Planners™ (CFP®) on staff, one of whom is also a certified private wealth advisor (CPWA). 

Schultz Financial Group Incorporated employs a comprehensive investment approach that focuses on diversification across various strategies, including equities, fixed income, hedged strategies, energy, real estate, commodities and private equity. The firm also conducts a thorough analysis of investment managers' strategies, utilizing fundamental, technical or cyclical analysis methods.

When working with clients, the firm takes into consideration their investment risk tolerance, financial situation, investment objectives, designated investment objectives and any restrictions on services. This ensures that the firm can tailor its investment strategies to meet the unique needs and preferences of each individual client.

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Open Window Financial Solutions is a fee-only that serves individuals, high-net-worth individuals, pensions and profit-sharing plans. While the firm does not impose a minimum account size, it does charge a minimum annual fee of $10,000. That means accounts with less than $571,428 will pay a higher management fee than 1.75%.  

As a fee-only practice, advisors do not collect transaction-based commissions. Their only compensation comes from the advisory fees they collect from clients.

The Open Window team's financial certifications include the Certified Financial Planner™ (CFP®) and accredited investment fiduciary (AIF) designations, as well as the financial paraplanner qualified professional (FPQP) credential. 

Open Window Financial provides discretionary investment advisory services tailored to client objectives, including portfolio management and retirement plan fiduciary services. The firm also offers financial planning and consulting, which may cover estate, tax and insurance considerations. Clients can access the eMoney platform, an online tool that consolidates account information and provides financial planning features, while retaining the option to engage outside professionals for specialized legal, accounting or insurance needs.

The firm primarily builds client portfolios using mutual funds and ETFs, including access to Dimensional Fund Advisors (DFA) funds. Its investment approach is grounded in fundamental analysis, which evaluates financial and economic data to determine the value and potential of investments. The firm employs both long-term strategies, where securities are held for a year or more to capture growth, and short-term strategies, where holdings may be sold within a year to take advantage of market opportunities. While not advocating cryptocurrency or ESG strategies, the firm may incorporate them at a client’s request.

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Vantage Wealth Planning was founded in 2014 and registered as an investment advisor in 2015. This fee-only firm serves individuals, high-net-worth individuals and retirement plan. It does not set a strict account minimum.

The firm offers discretionary and non-discretionary investment management, as well as financial planning and consulting on areas such as retirement, estate and insurance planning. These services are tailored to each client’s objectives, though the firm does not prepare tax returns or legal documents. Clients may also request stand-alone planning services.

The small advisory team at Vantage Wealth Plannign includes two Certified Financial Planners™ (CFP®) and one financial paraplanner qualified professional (FPQP).

Its investment philosophy is grounded in fundamental, technical and cyclical methods of analysis. The firm typically builds portfolios using mutual funds, ETFs, individual equities and fixed income securities, with cash also treated as an asset class. It emphasizes long-term investing but may employ shorter-term strategies when market conditions require. Socially responsible (ESG) strategies are not a focus, though they may be incorporated at a client’s request. Overall, portfolios are structured to align with client goals while acknowledging the risks inherent in market investing.

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GW Financial is a fee-based firm that works with both individuals and high-net-worth individuals, charitable organizations, corporations and business entities. While the firm's official name is GW Financial, Inc. it markets itself as GW College Planning, an advisory firm that helps parents plan and save for their children's college education. 

The firm’s minimum account size is $1 million. Fees for wealth management are based on a percentage of assets under management while financial planning fees are charged at a flat rate. At least one member fo the GW Financial team may receive third-party compensation for recommending certain financial products. However, the firm has a fiduciary duty to always act in its client's best interests. 

GW Financial was founded in 1981 by Glenn Woody, making it the oldest firm on this list. Woody sold the firm in 2014 to Julie Anderson Bray and Scott Anderson. Services offered at the firm include investment management, financial planning, retirement planning, life insurance and divorce planning.

The firm primarily relies on strategic asset allocation, an investment strategy that includes setting target percentages for various asset classes in a portfolio. 

GW Financial typically invests client assets in no-load mutual funds, ETFs, passively managed index funds and factor-based funds. Their approach emphasizes global diversification across asset classes, including exposure to small-cap, value and profitability factors. The firm does not buy individual securities or commission-based products, and portfolios are structured using low-cost, tax-efficient funds.

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Elevage Partners is another fee-based practice that serves individuals, high-net-worth individuals, pooled investment vehicles and corporations. The firm requires a minimum account size of $50,000. 

In addition to client-paid fees, some advisors at Elevage may receive commissions for selling insurance products in their separate roles as insurance agents. While this may lead to a conflict of interest, advisors have a fiduciary duty to act in your best interests. The Elevage team includes one advisor who holds the Certified Financial Planner™ (CFP®) designation. 

Elevage Partners was founded in 2011 by the firm's CEO and chief compliance officer, Jeffery D. Powell. He remains the principal owner of the business. 

The firm offers individual portfolio management and financial planning services that may touch on a variety of areas, including a client's tax and cash flow situation, investments, retirement plan, estate plan and insurance policies. The firm also manages its own private funds, which it may recommend to certain clients. 

Like many other firms, Elevage Partners first identify a client's financial goals and objectives, and then establishes an investment policy. Depending on their policy, a client's assets may then be invested in a combination of exchange-listed securities, mutual funds, ETFs, corporate debt securities and municipal securities.

The firm takes a long-term approach to investing, but may use short-term purchases (assets that are held for up to a year). Elevage Partners also use fundamental analysis, economic and market analysis, as well as mutual fund/ETF analysis to select investments for portfolios.

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Athena Wealth Management rounds out our list of the top-rated financial advisors in Reno. Founded in 2020, the firm operates on a fee-based compensation model in which advisors may earn commissions from securities or insurance sales in addition to advisory fees. Despite this potential conflict of interest, the firm is legally required to act in clients' best interests as a fiduciary. 

Athena serves individuals, high-net-worth clients and charities. The minimum account size for portfolio management is generally $500,000, while clients below this level are usually required to use financial planning services with a $1,000 minimum fee.

The small team at Athena includes an accredited investment fiduciary (AIF) and a certified public accountant (CPA). 

Services include portfolio management, asset management and financial planning across retirement, estate, tax, education, business, insurance and debt planning. The firm’s investment approach emphasizes asset allocation aligned with client goals and risk tolerance. Portfolios may include stocks, bonds, ETFs, mutual funds, options, private equity, real estate, structured products, annuities and other alternative assets.