Best Financial Advisors in Independence

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
110+
Advisors
4.9/5.0
Average Rating

Independence Financial Landscape

Independence boasts a diverse economy with strengths in retail, healthcare, and manufacturing. The city is part of the Kansas City metropolitan area, contributing to its economic vitality.

Major industries
Retail, Healthcare, Manufacturing
Population
117K (metro: 2.5M)
Median household income
$55,000
Unique needs
Independence requires focused economic diversification and sustainable housing development to mitigate risks.
Market Insights
Economic Growth
According to BEA (2023), Independence's economy has seen a steady growth rate of 2.5% annually, driven by retail and healthcare sectors.
Wealth Demographics
According to Census (2023), the median income in Independence is approximately $55,000, reflecting a moderate income level relative to the region.
Advisor Specializations
Based on BLS (2023), financial advisors in Independence are increasingly specializing in retirement planning and real estate investment strategies.
Local Considerations
Cost of Living
According to BLS (2024), the cost of living in Independence is about 10% lower than the national average, making it an attractive place for families.
Real Estate Market
According to Zillow (2024), the real estate market in Independence is experiencing a 5% annual appreciation, raising concerns about potential housing bubbles.
Business Environment
According to Fortune (2024), Independence offers a favorable business climate with low taxes and incentives for small businesses, fostering entrepreneurial growth.

Top 5 Financial Advisors in Independence

Edward Jones - Financial Advisor: Chris Thiele, CFP®
★ ★ ★ ★ ★ 5
Wise Choices Financial, LLC
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Matt Flax, CFP®
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Corey M Long, CEPA®|CRPC™
★ ★ ★ ★ ★ 5
Premier Wealth Advisors
★ ★ ★ ★ ★ 5
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How to Choose the Right Financial Advisor

When selecting a financial advisor in Independence, 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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Independence-Specific Expertise
For Independence residents working in Retail, Healthcare, 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
Independence's retail focus poses economic risks; diversify into tech and healthcare. Watch for housing market bubbles and tornado risks.

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Find Financial Advisors in Nearby Cities

Explore financial advisor options in these nearby Missouri locations

Kansas City St. Louis Springfield Independence Columbia Lee's Summit O'Fallon St. Joseph