Best Financial Advisors in Normal

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
4.9/5.0
Average Rating

Normal Financial Landscape

With a population of 54,664, Normal serves as a key economic hub in Central Illinois. The city benefits from a diverse economy driven by education, healthcare, and retail.

Major industries
Education, Healthcare, Retail
Population
54.7K (metro: 54.7K)
Median household income
$60,000
Unique needs
Normal requires tailored financial strategies focusing on education and healthcare sectors.
Market Insights
Economic Growth
According to BEA (2023), Normal's economy has seen a steady growth rate of 3.2% annually, driven by local universities and healthcare expansion.
Wealth Demographics
According to Census (2023), the median income in Normal is approximately $60,000, reflecting a stable middle-class demographic.
Advisor Specializations
Based on BLS (2023), financial advisors in Normal are increasingly focusing on education and healthcare sectors, aligning with local economic strengths.
Local Considerations
Cost of Living
According to BLS (2024), Normal's cost of living is 10% lower than the national average, making it an attractive place for families.
Real Estate Market
According to Zillow (2024), the real estate market in Normal is experiencing a 5% annual increase in home values, indicating rising demand.
Business Environment
According to Fortune (2024), Normal's business climate is favorable, supported by local government initiatives and a skilled workforce.

Top 5 Financial Advisors in Normal

Crabtree Financial Group, LLC
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Linda Kimber, CFP®|AAMS®
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Josh Hardt, AAMS®
★ ★ ★ ★ ★ 5
Falstad & Associates
★ ★ ★ ★ ★ 5
Prairie Capital Management
★ ★ ★ ★ ★ 5
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How to Choose the Right Financial Advisor

When selecting a financial advisor in Normal, 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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Normal-Specific Expertise
For Normal residents working in Education, Healthcare, Retail, 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
Normal's economy relies on education and healthcare, posing risks if these sectors falter. Real estate prices are rising; monitor for bubble risks. Prepare for tornadoes and flooding.

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Find Financial Advisors in Nearby Cities

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