Best Financial Advisors in Bentonville

Find top-rated local financial advisors who can help you achieve your financial goals with personalized strategies and expert guidance.

60+
Advisors
4.8/5.0
Average Rating

Bentonville Financial Landscape

Bentonville is a key player in the Northwest Arkansas economy, driven by retail and technology sectors. The city is home to Walmart's headquarters, influencing local business dynamics.

Major industries
Retail, Technology, Healthcare
Population
40.2K (metro: 500K)
Median household income
$60,000
Unique needs
Bentonville requires tailored financial strategies to navigate its unique economic landscape and growth potential.
Market Insights
Economic Growth
According to BEA (2023), Bentonville's economy has seen a 5% growth rate, driven by retail and tech sectors.
Wealth Demographics
According to Census (2023), the median household income in Bentonville is $60,000, reflecting a growing affluent population.
Advisor Specializations
Based on BLS (2023), financial advisors in Bentonville are increasingly focusing on retirement planning and investment strategies.
Local Considerations
Cost of Living
According to BLS (2024), Bentonville's cost of living is 10% lower than the national average, making it attractive for new residents.
Real Estate Market
According to Zillow (2024), home prices in Bentonville have increased by 15% over the past year, indicating a competitive market.
Business Environment
According to Fortune (2024), Bentonville's business climate is thriving, bolstered by Walmart and a supportive local government.

Top 5 Financial Advisors in Bentonville

How to Choose the Right Financial Advisor

When selecting a financial advisor in Bentonville, consider these essential factors

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Fiduciary Standard
Prioritize advisors who commit to acting as fiduciaries 100% of the time, legally obligating them to put your interests first.
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Bentonville-Specific Expertise
For Bentonville residents working in Retail, Technology, Healthcare, consider advisors with specific experience in your industry's unique compensation and benefit structures.
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Fee Structure Transparency
Understand how your advisor is compensated—whether through fees, commissions, or a combination—and how this might influence their recommendations.
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Credentials
Seek advisors with recognized credentials such as CFP®, CFA, or ChFC designations, indicating advanced training and ethical standards.
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Communication Style
Choose an advisor whose communication approach matches your preferences regarding frequency, detail, and method of interaction.
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Risk Management Focus
Bentonville's retail focus poses risks if e-commerce grows. Housing prices are rising, indicating potential bubble risks. Prepare for tornadoes and diversify investments.

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