Best Financial Advisors in Carol Stream

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
40+
Advisors
4.9/5.0
Average Rating

Carol Stream Financial Landscape

With a population of 40,379, Carol Stream boasts a diverse economy supported by retail, healthcare, and manufacturing sectors. The proximity to Chicago enhances its appeal for businesses and residents alike.

Major industries
Retail, Healthcare, Manufacturing
Population
40.4K (metro: 9.5M)
Median household income
$85,000
Unique needs
Focus on sustainable development and community engagement to enhance local quality of life.
Market Insights
Economic Growth
According to BEA (2023), Carol Stream's economy has shown steady growth, with a focus on retail and healthcare services driving local employment.
Wealth Demographics
According to Census (2023), the median income in Carol Stream is $85,000, reflecting a stable economic environment and a growing middle class.
Advisor Specializations
Based on BLS (2023), financial advisors in Carol Stream are increasingly focusing on retirement planning and investment strategies tailored to local demographics.
Local Considerations
Cost of Living
According to BLS (2024), the cost of living in Carol Stream is slightly above the national average, driven by housing and transportation costs.
Real Estate Market
According to Zillow (2024), the real estate market in Carol Stream is competitive, with home prices rising due to demand and limited inventory.
Business Environment
According to Fortune (2024), Carol Stream offers a favorable business climate with incentives for small businesses and a supportive local government.

Top 5 Financial Advisors in Carol Stream

Edward Jones - Financial Advisor: Joe Halm
★ ★ ★ ★ ★ 5
Edge Financial Advisors
★ ★ ★ ★ ★ 5
Sean Quirk - COUNTRY Financial Representative
★ ★ ★ ★ ★ 5
Advocate Wealth Management
★ ★ ★ ★ ★ 5
Fortune Financial Group, Inc. Brad Rosley, CFP , Cris Kalivas, CFP
★ ★ ★ ★ ★ 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 Carol Stream, 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
Carol Stream-Specific Expertise
For Carol Stream residents working in Retail, Healthcare, Manufacturing, 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
Carol Stream's reliance on retail and manufacturing poses economic risks; diversify into tech. Housing market shows signs of bubble risk; monitor for natural disasters like flooding.

Skip the advisor fees

Find Financial Advisors in Nearby Cities

Explore financial advisor options in these nearby Illinois locations

Chicago Aurora Rockford Joliet Naperville Springfield Peoria Elgin