Best Financial Advisors in Decatur

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
70+
Advisors
4.8/5.0
Average Rating

Decatur Financial Landscape

With a population of 74,710, Decatur serves as a regional hub for agriculture and manufacturing. The economy is bolstered by a mix of industries, including healthcare and education.

Major industries
Manufacturing, Agriculture, Healthcare
Population
74.7K (metro: 110K)
Median household income
$52,000
Unique needs
Decatur's economy requires a focus on diversifying industries and enhancing workforce skills.
Market Insights
Economic Growth
According to BEA (2023), Decatur's economy has shown resilience with a growth rate of 2.5% in the last year, driven by manufacturing and healthcare sectors.
Wealth Demographics
According to Census (2023), the median income in Decatur is $52,000, reflecting a stable economic environment with a diverse workforce.
Advisor Specializations
Based on BLS (2023), financial advisors in Decatur are increasingly focusing on retirement planning and investment strategies tailored to local industries.
Local Considerations
Cost of Living
According to BLS (2024), Decatur's cost of living is 10% lower than the national average, making it an attractive place for families and retirees.
Real Estate Market
According to Zillow (2024), the real estate market in Decatur is stable, with median home prices around $150,000, showing a modest appreciation over the past year.
Business Environment
According to Fortune (2024), Decatur's business climate is favorable, with incentives for small businesses and a supportive local government fostering growth.

Top 5 Financial Advisors in Decatur

Northwestern Mutual
★ ★ ★ ★ ★ 5
Miller Wealth Management Group, LLC
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Tim Sadler, CFP®|CEPA®
★ ★ ★ ★ ★ 5
LifeMap Wealth Management
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Jessica Ashmore, AAMS®
★ ★ ★ ★ ★ 5
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How to Choose the Right Financial Advisor

When selecting a financial advisor in Decatur, 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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Decatur-Specific Expertise
For Decatur residents working in Manufacturing, Agriculture, Healthcare, 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
Decatur's reliance on manufacturing poses risks during economic downturns. Real estate may face volatility; consider diversification. Tornadoes and flooding are local weather threats.

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