Best Financial Advisors in Salina

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
4.7/5.0
Average Rating

Salina Financial Landscape

Salina's economy is primarily driven by agriculture, manufacturing, and healthcare. The city is strategically located along major highways, enhancing its logistical advantages.

Major industries
Agriculture, Manufacturing, Healthcare
Population
47.8K (metro: 47846)
Median household income
$50,000
Unique needs
Salina requires support in diversifying its economy and enhancing workforce skills to meet future demands.
Market Insights
Economic Growth
According to BEA (2023), Salina's economy has shown steady growth, with a focus on manufacturing and agriculture contributing significantly to GDP.
Wealth Demographics
According to Census (2023), the median income in Salina is approximately $50,000, reflecting the city's diverse economic base.
Advisor Specializations
Based on BLS (2023), financial advisors in Salina are increasingly focusing on retirement planning and investment strategies tailored to local industries.
Local Considerations
Cost of Living
According to BLS (2024), Salina's cost of living remains below the national average, making it an attractive location for families and businesses.
Real Estate Market
According to Zillow (2024), Salina's real estate market is stable, but potential price increases could signal a bubble if not monitored closely.
Business Environment
According to Fortune (2024), Salina's business climate is favorable, with incentives for new businesses and a supportive local government.

Top 5 Financial Advisors in Salina

Pathway Financial Solutions
★ ★ ★ ★ ★ 5
Be Wealth
★ ★ ★ ★ ★ 5
Wedel Financial Group
★ ★ ★ ★ ★ 5
Billings Group
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Colby A Bertrand, CFP®
★ ★ ★ ★ ★ 5
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How to Choose the Right Financial Advisor

When selecting a financial advisor in Salina, 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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Salina-Specific Expertise
For Salina residents working in Agriculture, Manufacturing, 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
Salina's agriculture reliance poses risks from climate change. Housing market stability is crucial; watch for potential price bubbles. Diversify into tech and services.

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