Top Financial Advisors in Newton, MA
Top Advisors in Newton
Median Advisor Fee
Compensation Types
Top Credentials
Frequently Asked Questions
How much does a financial advisor cost in Newton?
The median advisory fee in Newton, MA is 1.29% of assets under management. This is 3% 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 Newton?
There are 74 fee-only financial advisors in Newton, MA, 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 Newton financial advisor?
The most common professional designation among Newton advisors is the CFP (Certified Financial Planner), held by 32 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.