Top Financial Advisors in Boston, MA
Top Advisors in Boston
Median Advisor Fee
Compensation Types
Top Credentials
Frequently Asked Questions
How much does a financial advisor cost in Boston?
The median advisory fee in Boston, MA is 1.20% of assets under management. This is 4% below the national median. Fees vary based on portfolio size, services provided, and the advisor's fee structure.
How many fee-only advisors are in Boston?
There are 1,750 fee-only financial advisors in Boston, MA, representing 45.1% 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 Boston financial advisor?
The most common professional designation among Boston advisors is the CFP (Certified Financial Planner), held by 418 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.