Best Financial Advisors in Malden

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
4.6/5.0
Average Rating

Malden Financial Landscape

Malden's economy is driven by healthcare, education, and retail sectors. The city benefits from its proximity to Boston, enhancing job opportunities.

Major industries
Healthcare, Education, Retail
Population
60.5K (metro: 4.9M)
Median household income
$75,000
Unique needs
Malden requires tailored financial advice due to its diverse population and economic landscape.
Market Insights
Economic Growth
According to BEA (2023), Malden's economy has shown steady growth, with a focus on healthcare and education contributing significantly.
Wealth Demographics
According to Census (2023), the median income in Malden is $75,000, reflecting a diverse economic base and stable employment.
Advisor Specializations
Based on BLS (2023), financial advisors in Malden are increasingly focusing on retirement planning and investment strategies for diverse income levels.
Local Considerations
Cost of Living
According to BLS (2024), Malden's cost of living is slightly above the national average, driven by housing and transportation costs.
Real Estate Market
According to Zillow (2024), Malden's real estate market is competitive, with home values rising, indicating potential bubble risks.
Business Environment
According to Fortune (2024), Malden's business climate is favorable, with supportive local policies encouraging small business growth.

Top 5 Financial Advisors in Malden

Edward Jones - Financial Advisor: Christopher C Cinella
★ ★ ★ ★ ★ 5
Kutzen Financial
★ ★ ★ ★ ★ 5
Mallon Tax Consultants, LLC
★ ★ ★ ★ ★ 5
Evolution Tax Services Inc
★ ★ ★ ★ ★ 5
Pension & Wealth Management Advisors
★ ★ ★ ★ ★ 5
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How to Choose the Right Financial Advisor

When selecting a financial advisor in Malden, 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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Malden-Specific Expertise
For Malden residents working in Healthcare, Education, 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
Malden's reliance on healthcare and education poses risks; housing market shows signs of bubble. Prepare for flooding and diversify investments.

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Find Financial Advisors in Nearby Cities

Explore financial advisor options in these nearby Massachusetts locations

Boston Worcester Springfield Lowell Cambridge New Bedford Brockton Quincy