Best Financial Advisors in Kentwood

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
5/5.0
Average Rating

Kentwood Financial Landscape

Kentwood's economy is characterized by a mix of retail, manufacturing, and healthcare sectors, contributing to steady growth. The city benefits from its proximity to Grand Rapids, enhancing its economic opportunities.

Major industries
Retail, Manufacturing, Healthcare
Population
50.2K (metro: 1.1M)
Median household income
$63,000
Unique needs
Kentwood requires tailored financial strategies to address its diverse economic base and family-oriented demographic.
Market Insights
Economic Growth
According to BEA (2023), Kentwood's GDP growth rate has been steady at 3% annually, driven by local manufacturing and healthcare expansions.
Wealth Demographics
According to Census (2023), the median household income in Kentwood is $63,000, reflecting a diverse economic base and stable employment opportunities.
Advisor Specializations
Based on BLS (2023), financial advisors in Kentwood are increasingly focusing on retirement planning and investment strategies tailored to local demographics.
Local Considerations
Cost of Living
According to BLS (2024), Kentwood's cost of living is 5% lower than the national average, making it an attractive place for families and retirees.
Real Estate Market
According to Zillow (2024), the real estate market in Kentwood shows a 10% increase in home prices over the past year, indicating strong demand and potential bubble risks.
Business Environment
According to Fortune (2024), Kentwood's business climate is favorable, with low unemployment rates and supportive local policies encouraging small business growth.

Top 5 Financial Advisors in Kentwood

Fiduciary Financial Advisors
★ ★ ★ ★ ★ 5
Mattson Financial Services
★ ★ ★ ★ ★ 5
Regal Financial Group
★ ★ ★ ★ ★ 5
Midwest Capital Advisors
★ ★ ★ ★ ★ 5
Legacy Financial Network
★ ★ ★ ★ ★ 5
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How to Choose the Right Financial Advisor

When selecting a financial advisor in Kentwood, 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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Kentwood-Specific Expertise
For Kentwood residents working in Retail, 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
Kentwood's reliance on retail and healthcare poses risks amid economic shifts. Housing prices are rising, indicating potential bubble risks. Prepare for flooding and severe weather impacts.

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