Best Financial Advisors in Dover

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
60+
Advisors
4.7/5.0
Average Rating

Dover Financial Landscape

Dover's economy is diverse, with a focus on government, healthcare, and education. The city benefits from its strategic location and growing population.

Major industries
Government, Healthcare, Education
Population
37.4K (metro: 373.7K)
Median household income
$60,000
Unique needs
Dover requires tailored financial strategies to address government dependency and housing market fluctuations.
Market Insights
Economic Growth
According to BEA (2023), Dover's economy has shown steady growth, driven by public sector employment and healthcare expansion.
Wealth Demographics
According to Census (2023), the median income in Dover is approximately $60,000, reflecting a stable middle-class demographic.
Advisor Specializations
Based on BLS (2023), financial advisors in Dover increasingly specialize in government employee benefits and retirement planning.
Local Considerations
Cost of Living
According to BLS (2024), Dover's cost of living is moderate, with housing costs slightly below the national average.
Real Estate Market
According to Zillow (2024), the real estate market in Dover is competitive, with rising prices and limited inventory.
Business Environment
According to Fortune (2024), Dover's business climate is favorable for startups, particularly in healthcare and technology sectors.

Top 5 Financial Advisors in Dover

CSG Financial
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Christopher Smith, CFP®|ChFC®|AAMS®
★ ★ ★ ★ ★ 5
B.I.G. Investment Services
★ ★ ★ ★ ★ 5
Compass Investment Advisors
★ ★ ★ ★ ★ 5
Gunn Wealth Management
★ ★ ★ ★ ★ 5
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How to Choose the Right Financial Advisor

When selecting a financial advisor in Dover, 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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Dover-Specific Expertise
For Dover residents working in Government, Healthcare, Education, 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
Dover's economy relies on government and healthcare, risking over-dependence. Real estate may face volatility; prepare for flooding and economic shifts.

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Find Financial Advisors in Nearby Cities

Explore financial advisor options in these nearby Delaware locations

Wilmington Dover