Top Financial Advisors in Santa Monica, CA
Top Advisors in Santa Monica
Median Advisor Fee
Compensation Types
Top Credentials
Frequently Asked Questions
How much does a financial advisor cost in Santa Monica?
The median advisory fee in Santa Monica, CA is 1.50% of assets under management. This is 20% above the national median. Fees vary based on portfolio size, services provided, and the advisor's fee structure.
How many fee-only advisors are in Santa Monica?
There are 196 fee-only financial advisors in Santa Monica, CA, representing 58.9% of all advisors in the area. Fee-only advisors do not earn commissions from selling financial products, which can reduce potential conflicts of interest.
What credentials should I look for in a Santa Monica financial advisor?
The most common professional designation among Santa Monica advisors is the CFP (Certified Financial Planner), held by 65 advisors. Other important credentials include the CFA (Chartered Financial Analyst) and CPA (Certified Public Accountant). These certifications require rigorous education, examination, and ongoing continuing education.