Best Financial Advisors in Tamarac

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
4.8/5.0
Average Rating

Tamarac Financial Landscape

Tamarac's economy is characterized by a mix of retail, healthcare, and service industries, contributing to its steady growth. The city benefits from proximity to Fort Lauderdale and a robust local workforce.

Major industries
Healthcare, Retail, Services
Population
63.2K (metro: 1.9M)
Median household income
$54,000
Unique needs
Tamarac requires tailored financial services to support its diverse population and growing industries.
Market Insights
Economic Growth
According to BEA (2023), Tamarac's economy has shown resilience with a growth rate of 3.5%, driven by local business expansion.
Wealth Demographics
According to Census (2023), the median income in Tamarac is $54,000, reflecting a diverse economic base and varied job opportunities.
Advisor Specializations
Based on BLS (2023), financial advisors in Tamarac are increasingly specializing in retirement planning and wealth management for diverse clients.
Local Considerations
Cost of Living
According to BLS (2024), the cost of living in Tamarac is approximately 5% lower than the national average, making it an attractive location for families.
Real Estate Market
According to Zillow (2024), Tamarac's real estate market has seen a 7% increase in home values, indicating a strong demand for housing.
Business Environment
According to Fortune (2024), Tamarac's business climate is favorable, with initiatives to support small businesses and attract new investments.

Top 5 Financial Advisors in Tamarac

TaxOne Financial
★ ★ ★ ★ ★ 5
Insight Financial Wellness
★ ★ ★ ★ ★ 5
Prosperitus Wealth Advisors
★ ★ ★ ★ ★ 5
Wealth InsurED
★ ★ ★ ★ ★ 5
Chris Price Financial Planner
★ ★ ★ ★ ★ 5
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How to Choose the Right Financial Advisor

When selecting a financial advisor in Tamarac, 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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Tamarac-Specific Expertise
For Tamarac residents working in Healthcare, Retail, Services, 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
Tamarac's economy relies on retail and healthcare, posing concentration risks. Housing market volatility and hurricane threats necessitate diversified investments.

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Find Financial Advisors in Nearby Cities

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