Best Financial Advisors in Midland

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
4.4/5.0
Average Rating

Midland Financial Landscape

Midland's economy is diverse, driven by industries such as chemicals, technology, and manufacturing. The city benefits from a strategic location and a skilled workforce.

Major industries
Chemicals, Technology, Manufacturing
Population
42.2K (metro: 421.8K)
Median household income
$60,000
Unique needs
Midland requires tailored financial services to support its unique industrial base and community-focused initiatives.
Market Insights
Economic Growth
According to BEA (2023), Midland's economy has shown steady growth, with a focus on innovation in the chemical sector.
Wealth Demographics
According to Census (2023), the median income in Midland is approximately $60,000, reflecting a stable economic environment.
Advisor Specializations
Based on BLS (2023), financial advisors in Midland are increasingly specializing in industrial and manufacturing sectors.
Local Considerations
Cost of Living
According to BLS (2024), Midland's cost of living is lower than the national average, making it an attractive place to live.
Real Estate Market
According to Zillow (2024), the real estate market in Midland is stable, though rising prices may indicate a potential bubble.
Business Environment
According to Fortune (2024), Midland has a favorable business climate, supported by local government incentives for manufacturing.

Top 5 Financial Advisors in Midland

Edward Jones - Financial Advisor: Kevin M Spencer, AAMS®
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Doug Cellini, CFP®
★ ★ ★ ★ ★ 5
Timothy Mantyla - Financial Advisor, Ameriprise Financial Services, LLC
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Jonathan R Laundra, CFP®|AAMS®
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Adam Thiel
★ ★ ★ ★ ★ 5
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How to Choose the Right Financial Advisor

When selecting a financial advisor in Midland, 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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Midland-Specific Expertise
For Midland residents working in Chemicals, Technology, Manufacturing, 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
Midland's manufacturing focus poses economic risks; diversify investments. Real estate may face volatility due to market trends. Monitor flooding risks and prepare for economic shifts.

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