Best Financial Advisors in Peoria

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
110+
Advisors
4.8/5.0
Average Rating

Peoria Financial Landscape

Peoria's economy is anchored by healthcare, manufacturing, and agriculture. The city is experiencing steady growth, driven by innovation and a skilled workforce.

Major industries
Healthcare, Manufacturing, Agriculture
Population
116K (metro: 400K)
Median household income
$56,000
Unique needs
Peoria requires investment in tech and healthcare sectors to enhance economic resilience and job growth.
Market Insights
Economic Growth
According to BEA (2023), Peoria's GDP growth is projected at 2.5%, driven by healthcare and manufacturing sectors.
Wealth Demographics
According to Census (2023), Peoria's median household income is $56,000, reflecting a diverse economic base.
Advisor Specializations
Based on BLS (2023), financial advisors in Peoria are increasingly focusing on retirement planning and investment strategies.
Local Considerations
Cost of Living
According to BLS (2024), Peoria's cost of living is 10% lower than the national average, making it an affordable place to live.
Real Estate Market
According to Zillow (2024), Peoria's housing market is stable, with a median home price of $150,000 and steady demand.
Business Environment
According to Fortune (2024), Peoria offers a supportive business climate with incentives for startups and established firms alike.

Top 5 Financial Advisors in Peoria

RP Zeigler Investment Services, Inc
★ ★ ★ ★ ★ 5
Johnston Investment Counsel
★ ★ ★ ★ ★ 5
Master Plan Financial Group
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Michelle C Parker, CFP®|CEPA®
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Austin Sanford, CEPA® AAMS™
★ ★ ★ ★ ★ 5
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How to Choose the Right Financial Advisor

When selecting a financial advisor in Peoria, 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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Peoria-Specific Expertise
For Peoria residents working in Healthcare, Manufacturing, Agriculture, 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
Peoria's reliance on manufacturing poses risks; diversify into tech and healthcare. Real estate is stable but watch for market fluctuations. Tornadoes and flooding are concerns.

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Find Financial Advisors in Nearby Cities

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