Best Financial Advisors in Hollywood

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
140+
Advisors
4.7/5.0
Average Rating

Hollywood Financial Landscape

With a population of 146,526, Hollywood boasts a robust economy driven by tourism, healthcare, and entertainment. The city benefits from its strategic location between Miami and Fort Lauderdale.

Major industries
Tourism, Healthcare, Entertainment
Population
146K (metro: 6.1M)
Median household income
$60,000
Unique needs
Hollywood requires tailored financial services focused on tourism and real estate investments.
Market Insights
Economic Growth
According to BEA (2023), Hollywood's economy has shown steady growth, primarily driven by tourism and healthcare sectors.
Wealth Demographics
According to Census (2023), the median income in Hollywood is approximately $60,000, reflecting a diverse economic base.
Advisor Specializations
Based on BLS (2023), advisors in Hollywood are increasingly specializing in real estate and retirement planning.
Local Considerations
Cost of Living
According to BLS (2024), Hollywood's cost of living is moderate, with housing being the largest expense for residents.
Real Estate Market
According to Zillow (2024), the real estate market in Hollywood is competitive, with prices rising due to demand from buyers and investors.
Business Environment
According to Fortune (2024), Hollywood's business climate is favorable, attracting startups and established companies alike.

Top 5 Financial Advisors in Hollywood

Propel Wealth Management
★ ★ ★ ★ ★ 5
FDR Group, Inc.
★ ★ ★ ★ ★ 5
ELITE MANAGEMENT FINANCIAL LLC
★ ★ ★ ★ ★ 5
Florida Financial Advisors
★ ★ ★ ★ ★ 5
Coral Wealth Management
★ ★ ★ ★ ★ 5
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How to Choose the Right Financial Advisor

When selecting a financial advisor in Hollywood, 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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Hollywood-Specific Expertise
For Hollywood residents working in Tourism, Healthcare, Entertainment, 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
Hollywood's tourism reliance poses economic risks; real estate prices may face volatility due to hurricanes. Diversify investments to mitigate risks.

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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