Best Financial Advisors in Fort Smith

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

Find an Advisor Estimated Advisor Fees
80+
Advisors
4.7/5.0
Average Rating

Fort Smith Financial Landscape

Fort Smith's economy is supported by manufacturing, healthcare, and retail sectors. The city is experiencing steady growth, attracting new businesses and residents.

Major industries
Manufacturing, Healthcare, Retail
Population
87.7K (metro: 876.5K)
Median household income
$52,000
Unique needs
Fort Smith requires tailored financial advice to navigate its unique economic landscape and growth potential.
Market Insights
Economic Growth
According to BEA (2023), Fort Smith's GDP growth rate is 3.2%, driven by manufacturing and healthcare expansions.
Wealth Demographics
According to Census (2023), the median household income in Fort Smith is $52,000, reflecting a diverse economic base.
Advisor Specializations
Based on BLS (2023), financial advisors in Fort Smith are increasingly focusing on retirement planning and small business consulting.
Local Considerations
Cost of Living
According to BLS (2024), Fort Smith's cost of living is 10% lower than the national average, making it an attractive place to live.
Real Estate Market
According to Zillow (2024), home prices in Fort Smith have increased by 5% over the past year, indicating a stable market.
Business Environment
According to Fortune (2024), Fort Smith's business climate is favorable, with incentives for new businesses and a supportive local government.

Top 5 Financial Advisors in Fort Smith

Old Fort Wealth Management
★ ★ ★ ★ ★ 5
United Financial Advisors
★ ★ ★ ★ ★ 5
McMillan Financial Services, Inc
★ ★ ★ ★ ★ 5
October Wealth Advisors
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Stephen McAdams, AAMS®
★ ★ ★ ★ ★ 5
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How to Choose the Right Financial Advisor

When selecting a financial advisor in Fort Smith, 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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Fort Smith-Specific Expertise
For Fort Smith residents working in Manufacturing, Healthcare, Retail, 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
Fort Smith's manufacturing focus poses risks; diversify investments. Real estate is stable but watch for market fluctuations. Prepare for tornadoes and flooding.

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Find Financial Advisors in Nearby Cities

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