Best Financial Advisors in Daytona Beach

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

Daytona Beach Financial Landscape

The economy of Daytona Beach is primarily driven by tourism, healthcare, and education. The city benefits from a growing population and diverse economic activities.

Major industries
Tourism, Healthcare, Education
Population
62.3K (metro: 623.2K)
Median household income
$50,000
Unique needs
Daytona Beach requires a focus on disaster preparedness, tourism sustainability, and affordable housing.
Market Insights
Economic Growth
According to BEA (2023), Daytona Beach's economy is recovering post-pandemic, with a focus on tourism and healthcare sectors driving growth.
Wealth Demographics
According to Census (2023), the median income in Daytona Beach is approximately $50,000, reflecting a diverse economic base.
Advisor Specializations
Based on BLS (2023), financial advisors in Daytona Beach are increasingly focusing on retirement planning and investment strategies for retirees.
Local Considerations
Cost of Living
According to BLS (2024), Daytona Beach's cost of living is slightly below the national average, making it an attractive location for retirees.
Real Estate Market
According to Zillow (2024), the real estate market in Daytona Beach is experiencing rising prices, with concerns about affordability and potential bubbles.
Business Environment
According to Fortune (2024), Daytona Beach's business climate is improving, with incentives for small businesses and a focus on tourism-related industries.

Top 5 Financial Advisors in Daytona Beach

Sarah Smith, Financial Advisor - Eagle Strategies
★ ★ ★ ★ ★ 5
Stephens Wealth Management of Raymond James
★ ★ ★ ★ ★ 5
The Wynn Financial Group - Ameriprise Financial Services, LLC
★ ★ ★ ★ ★ 5
David Carson - Private Wealth Advisor, Ameriprise Financial Services, LLC
★ ★ ★ ★ ★ 5
Wells Fargo Advisors
★ ★ ★ ★ ★ 5
Receive a complimentary AI wealth evaluation before hiring an advisor.
Sign up for Mezzi

How to Choose the Right Financial Advisor

When selecting a financial advisor in Daytona Beach, consider these essential factors

Icon
Fiduciary Standard
Prioritize advisors who commit to acting as fiduciaries 100% of the time, legally obligating them to put your interests first.
Icon
Daytona Beach-Specific Expertise
For Daytona Beach residents working in Tourism, Healthcare, Education, consider advisors with specific experience in your industry's unique compensation and benefit structures.
Icon
Fee Structure Transparency
Understand how your advisor is compensated—whether through fees, commissions, or a combination—and how this might influence their recommendations.
Icon
Credentials
Seek advisors with recognized credentials such as CFP®, CFA, or ChFC designations, indicating advanced training and ethical standards.
Icon
Communication Style
Choose an advisor whose communication approach matches your preferences regarding frequency, detail, and method of interaction.
Icon
Risk Management Focus
Daytona's tourism reliance poses economic risks; housing market faces bubble concerns. Hurricane threats necessitate disaster planning. Diversify into tech and healthcare.

Skip the advisor fees

Find Financial Advisors in Nearby Cities

Explore financial advisor options in these nearby Florida locations

Jacksonville Miami Tampa Orlando St. Petersburg Hialeah Tallahassee Fort Lauderdale