Best Financial Advisors in Plainfield

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

Plainfield Financial Landscape

Plainfield's economy is supported by healthcare, retail, and education sectors. The city is strategically located near major transportation routes, enhancing its economic potential.

Major industries
Healthcare, Retail, Education
Population
50.6K (metro: 505.9K)
Median household income
$75,000
Unique needs
Plainfield requires tailored financial services to address its diverse population and economic landscape.
Market Insights
Economic Growth
According to BEA (2023), Plainfield's economy is recovering with a growth rate of 3.2%, driven by healthcare and retail expansions.
Wealth Demographics
According to Census (2023), the median income in Plainfield is $75,000, reflecting a diverse economic base and workforce.
Advisor Specializations
Based on BLS (2023), financial advisors in Plainfield are increasingly focusing on retirement planning and wealth management for diverse clients.
Local Considerations
Cost of Living
According to BLS (2024), the cost of living in Plainfield is 5% higher than the national average, driven by housing and transportation costs.
Real Estate Market
According to Zillow (2024), Plainfield's housing market is competitive, with a 10% increase in home prices over the past year, raising affordability concerns.
Business Environment
According to Fortune (2024), Plainfield's business climate is improving, with incentives for small businesses and a focus on community development.

Top 5 Financial Advisors in Plainfield

J.F. Johnson & Co., PA
★ ★ ★ ★ ★ 5
Jonathan Barrett CFP®, CLU®, ChFC®, RICP®, RPS®
★ ★ ★ ★ ★ 5
JOST Financial Management Corp.
★ ★ ★ ★ ★ 5
Chartered Financial Services, LLC
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: John M Capeci
★ ★ ★ ★ ★ 5
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How to Choose the Right Financial Advisor

When selecting a financial advisor in Plainfield, 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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Plainfield-Specific Expertise
For Plainfield residents working in Healthcare, Retail, Education, 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
Plainfield's reliance on healthcare and retail may pose risks; diversify investments. Real estate is volatile; monitor housing trends. Flooding is a concern.

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