Top Financial Advisors in Syracuse, NY
Top Advisors in Syracuse
Median Advisor Fee
Compensation Types
Top Credentials
Frequently Asked Questions
How much does a financial advisor cost in Syracuse?
The median advisory fee in Syracuse, NY is 1.75% of assets under management. This is 40% 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 Syracuse?
There are 352 fee-only financial advisors in Syracuse, NY, representing 69.4% 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 Syracuse financial advisor?
The most common professional designation among Syracuse advisors is the CFP (Certified Financial Planner), held by 66 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.