Top Financial Advisors in Lake Mary, FL
Top Advisors in Lake Mary
Median Advisor Fee
Compensation Types
Top Credentials
Frequently Asked Questions
How much does a financial advisor cost in Lake Mary?
The median advisory fee in Lake Mary, FL is 1.69% of assets under management. This is 35% 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 Lake Mary?
There are 103 fee-only financial advisors in Lake Mary, FL, representing 56.9% 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 Lake Mary financial advisor?
The most common professional designation among Lake Mary advisors is the CFP (Certified Financial Planner), held by 23 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.