Best Financial Advisors in Des Plaines

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

Des Plaines Financial Landscape

With a population of 58,918, Des Plaines boasts a robust economy supported by various industries. The city is strategically located near Chicago, enhancing its economic potential.

Major industries
Healthcare, Retail, Manufacturing
Population
58.9K (metro: 9.5M)
Median household income
$75,000
Unique needs
Des Plaines requires tailored financial advice to navigate its unique economic landscape and demographic shifts.
Market Insights
Economic Growth
According to BEA (2023), Des Plaines has seen a steady economic growth rate of 3.2%, driven by healthcare and retail sectors.
Wealth Demographics
According to Census (2023), the median income in Des Plaines is $75,000, reflecting a diverse economic base and skilled workforce.
Advisor Specializations
Based on BLS (2023), financial advisors in Des Plaines are increasingly focusing on retirement planning and real estate investment strategies.
Local Considerations
Cost of Living
According to BLS (2024), the cost of living in Des Plaines is approximately 10% higher than the national average, driven by housing costs.
Real Estate Market
According to Zillow (2024), the real estate market in Des Plaines is competitive, with home prices rising by 8% year-over-year.
Business Environment
According to Fortune (2024), Des Plaines offers a favorable business climate, with low taxes and incentives for small businesses.

Top 5 Financial Advisors in Des Plaines

Wilsave
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Dan Chervenak, AAMS®
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Will Brown, CFP®|AAMS®
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Scott M Seifert, CFP®
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Jody L Christman, AAMS®
★ ★ ★ ★ ★ 5
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How to Choose the Right Financial Advisor

When selecting a financial advisor in Des Plaines, 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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Des Plaines-Specific Expertise
For Des Plaines residents working in Healthcare, Retail, Manufacturing, 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
Des Plaines' reliance on retail and healthcare poses risks amid economic shifts. Real estate prices are rising, suggesting potential bubble risks. Prepare for flooding and diversify investments.

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