Best Financial Advisors in Lincoln Park

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
4.8/5.0
Average Rating

Lincoln Park Financial Landscape

Lincoln Park's economy is primarily driven by manufacturing, retail, and healthcare sectors. The city benefits from its proximity to Detroit, enhancing trade and employment opportunities.

Major industries
Manufacturing, Retail, Healthcare
Population
37.3K (metro: 4.3M)
Median household income
$52,000
Unique needs
Lincoln Park requires tailored economic strategies to address its unique demographic and industrial landscape.
Market Insights
Economic Growth
According to BEA (2023), Lincoln Park has seen steady economic growth, driven by local manufacturing and service industries.
Wealth Demographics
According to Census (2023), the median income in Lincoln Park is $52,000, reflecting a diverse economic base.
Advisor Specializations
Based on BLS (2023), financial advisors in Lincoln Park are increasingly focusing on retirement planning and investment strategies.
Local Considerations
Cost of Living
According to BLS (2024), Lincoln Park's cost of living is competitive, making it an attractive option for families and retirees.
Real Estate Market
According to Zillow (2024), the real estate market in Lincoln Park shows stable prices, but potential bubble risks exist due to rising demand.
Business Environment
According to Fortune (2024), Lincoln Park's business climate is improving, with incentives for small businesses and startups.

Top 5 Financial Advisors in Lincoln Park

Shawn Bumgardner - Private Wealth Advisor, Ameriprise Financial Services, LLC
★ ★ ★ ★ ★ 5
O'Neil Financial
★ ★ ★ ★ ★ 5
Cousino Wealth Advisors
★ ★ ★ ★ ★ 5
TL Financial Group
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Clare M McMillan, CFP®|AAMS®
★ ★ ★ ★ ★ 5
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How to Choose the Right Financial Advisor

When selecting a financial advisor in Lincoln Park, 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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Lincoln Park-Specific Expertise
For Lincoln Park residents working in Manufacturing, Retail, 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
Lincoln Park's manufacturing focus poses risks from economic downturns. Housing market volatility and flooding risks necessitate diversification into tech and services.

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