Best Financial Advisors in Grand Rapids

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
190+
Advisors
4.9/5.0
Average Rating

Grand Rapids Financial Landscape

The economy of Grand Rapids is diverse, with strong sectors in manufacturing, healthcare, and technology. The city is experiencing steady growth, driven by a skilled workforce and entrepreneurial spirit.

Major industries
Manufacturing, Healthcare, Technology
Population
192K (metro: 1.1M)
Median household income
$60,000
Unique needs
Grand Rapids requires tailored financial advice due to its unique economic landscape and demographic trends.
Market Insights
Economic Growth
According to BEA (2023), Grand Rapids has seen a 3% annual growth rate, driven by manufacturing and healthcare sectors.
Wealth Demographics
According to Census (2023), the median income in Grand Rapids is approximately $60,000, reflecting a stable economic environment.
Advisor Specializations
Based on BLS (2023), advisors in Grand Rapids 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 Grand Rapids is 10% lower than the national average, making it an attractive place for families.
Real Estate Market
According to Zillow (2024), home prices in Grand Rapids have increased by 8% over the past year, indicating a competitive market.
Business Environment
According to Fortune (2024), Grand Rapids is ranked among the top cities for small business growth, with supportive local policies.

Top 5 Financial Advisors in Grand Rapids

Fiduciary Financial Advisors
★ ★ ★ ★ ★ 5
Eastown Financial Advisors
★ ★ ★ ★ ★ 5
NPF Investment Advisors
★ ★ ★ ★ ★ 5
Schwallier Wealth Management LLC
★ ★ ★ ★ ★ 5
Midwest Capital Advisors
★ ★ ★ ★ ★ 5
Receive a complimentary AI wealth evaluation before hiring an advisor.
Sign up for Mezzi

How to Choose the Right Financial Advisor

When selecting a financial advisor in Grand Rapids, consider these essential factors

Icon
Fiduciary Standard
Prioritize advisors who commit to acting as fiduciaries 100% of the time, legally obligating them to put your interests first.
Icon
Grand Rapids-Specific Expertise
For Grand Rapids residents working in Manufacturing, Healthcare, Technology, consider advisors with specific experience in your industry's unique compensation and benefit structures.
Icon
Fee Structure Transparency
Understand how your advisor is compensated—whether through fees, commissions, or a combination—and how this might influence their recommendations.
Icon
Credentials
Seek advisors with recognized credentials such as CFP®, CFA, or ChFC designations, indicating advanced training and ethical standards.
Icon
Communication Style
Choose an advisor whose communication approach matches your preferences regarding frequency, detail, and method of interaction.
Icon
Risk Management Focus
Grand Rapids' manufacturing focus poses economic risks; diversify investments. Real estate prices are rising, indicating potential bubble risks. Prepare for winter storms and flooding.

Skip the advisor fees

Find Financial Advisors in Nearby Cities

Explore financial advisor options in these nearby Michigan locations

Detroit Grand Rapids Warren Sterling Heights Ann Arbor Lansing Flint Dearborn