Best Financial Advisors in Hickory

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
4.6/5.0
Average Rating

Hickory Financial Landscape

With a population of 40,361, Hickory serves as a regional hub for commerce and industry. The economy is diversifying, moving beyond traditional manufacturing.

Major industries
Furniture, Manufacturing, Technology
Population
40361
Median household income
$50,000
Unique needs
Hickory requires tailored financial advice to navigate its evolving economy and housing market.
Market Insights
Economic Growth
According to BEA (2023), Hickory's economy is projected to grow by 3% annually, driven by tech and manufacturing sectors.
Wealth Demographics
According to Census (2023), the median income in Hickory is $50,000, reflecting a diverse economic base.
Advisor Specializations
Based on BLS (2023), financial advisors in Hickory increasingly focus on retirement planning and investment diversification.
Local Considerations
Cost of Living
According to BLS (2024), Hickory's cost of living is 10% lower than the national average, making it an attractive place to live.
Real Estate Market
According to Zillow (2024), Hickory's housing market is experiencing a steady increase in prices, raising concerns about affordability.
Business Environment
According to Fortune (2024), Hickory's business climate is favorable, with incentives for tech startups and manufacturing firms.

Top 5 Financial Advisors in Hickory

Thayer Financial
★ ★ ★ ★ ★ 5
Mumy Financial Advisors, LLC
★ ★ ★ ★ ★ 5
Deal Financial Group
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Chris Johnson
★ ★ ★ ★ ★ 5
Beth L Deal - Private Wealth Advisor, Ameriprise Financial Services, LLC
★ ★ ★ ★ ★ 5
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How to Choose the Right Financial Advisor

When selecting a financial advisor in Hickory, 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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Hickory-Specific Expertise
For Hickory residents working in Furniture, Manufacturing, Technology, 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
Hickory's reliance on manufacturing poses risks; diversify investments to mitigate economic downturns. Monitor housing prices for bubble risks and prepare for flooding.

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Find Financial Advisors in Nearby Cities

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