Best Financial Advisors in Niagara Falls

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
40+
Advisors
4.7/5.0
Average Rating

Niagara Falls Financial Landscape

The economy of Niagara Falls is primarily driven by tourism, hospitality, and manufacturing. Recent investments in infrastructure aim to boost local businesses and attract new residents.

Major industries
Tourism, Hospitality, Manufacturing
Population
49.5K (metro: 494.7K)
Median household income
$45,000
Unique needs
The city requires enhanced infrastructure and diversified economic opportunities to sustain growth.
Market Insights
Economic Growth
According to BEA (2023), Niagara Falls has seen a steady growth rate of 2.5% annually, driven by tourism and local investments.
Wealth Demographics
According to Census (2023), the median income in Niagara Falls is $45,000, reflecting the economic challenges faced by many residents.
Advisor Specializations
Based on BLS (2023), financial advisors in Niagara Falls are increasingly focusing on retirement planning and investment diversification.
Local Considerations
Cost of Living
According to BLS (2024), the cost of living in Niagara Falls is approximately 10% lower than the national average, making it affordable for residents.
Real Estate Market
According to Zillow (2024), the real estate market in Niagara Falls is stable, with home prices averaging $150,000, but concerns over flooding persist.
Business Environment
According to Fortune (2024), Niagara Falls is fostering a supportive business climate with incentives for tourism and small business development.

Top 5 Financial Advisors in Niagara Falls

ATT Financial Group
★ ★ ★ ★ ★ 5
Jay Newton Financial
★ ★ ★ ★ ★ 5
Lifetime Financial Planning Group
★ ★ ★ ★ ★ 5
Stacey Gooder - Edward Jones - Financial Advisor - Niagara Falls
★ ★ ★ ★ ★ 5
RBC Dominion Securities Inc.
★ ★ ★ ★ ★ 5
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How to Choose the Right Financial Advisor

When selecting a financial advisor in Niagara Falls, 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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Niagara Falls-Specific Expertise
For Niagara Falls residents working in Tourism, Hospitality, 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
Niagara Falls' tourism reliance poses economic risks; housing market stability is critical amid potential flooding. Diversify investments to mitigate downturns.

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