Top Financial Advisors in Needham, MA
Top Advisors in Needham
Median Advisor Fee
Compensation Types
Top Credentials
Frequently Asked Questions
How much does a financial advisor cost in Needham?
The median advisory fee in Needham, MA is 1.25% of assets under management. This is 9% 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 Needham?
There are 183 fee-only financial advisors in Needham, MA, representing 75.9% 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 Needham financial advisor?
The most common professional designation among Needham advisors is the CFP (Certified Financial Planner), held by 58 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.