Best Financial Advisors in Hawthorne

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

80+
Advisors
4.8/5.0
Average Rating

Hawthorne Financial Landscape

Hawthorne's economy is bolstered by its proximity to Los Angeles, with a mix of manufacturing, retail, and technology sectors. The city is experiencing steady growth, driven by its diverse workforce and entrepreneurial spirit.

Major industries
Manufacturing, Retail, Technology
Population
86.2K (metro: 13.2M)
Median household income
$65,000
Unique needs
Hawthorne requires tailored financial services to address its diverse population and evolving economic landscape.
Market Insights
Economic Growth
According to BEA (2023), Hawthorne's economy is growing at a rate of 3.5%, driven by local manufacturing and tech innovation.
Wealth Demographics
According to Census (2023), the median income in Hawthorne is $65,000, reflecting a diverse economic base.
Advisor Specializations
Based on BLS (2023), financial advisors in Hawthorne are increasingly specializing in real estate and small business consulting.
Local Considerations
Cost of Living
According to BLS (2024), the cost of living in Hawthorne is 15% higher than the national average, driven by housing and transportation costs.
Real Estate Market
According to Zillow (2024), the median home price in Hawthorne has increased by 10% over the past year, indicating a competitive market.
Business Environment
According to Fortune (2024), Hawthorne's business climate is favorable, with incentives for startups and established businesses alike.

Top 5 Financial Advisors in Hawthorne

How to Choose the Right Financial Advisor

When selecting a financial advisor in Hawthorne, 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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Hawthorne-Specific Expertise
For Hawthorne residents working in Manufacturing, Retail, Technology, 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
Hawthorne's tech and manufacturing sectors face volatility; real estate prices are rising, indicating bubble risks. Prepare for potential flooding and diversify investments to mitigate economic risks.

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