Best Financial Advisors in Summerville

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
4.9/5.0
Average Rating

Summerville Financial Landscape

Summerville's economy is bolstered by its proximity to Charleston, with growth in healthcare, retail, and manufacturing sectors. The city is experiencing a population boom, enhancing local demand for services.

Major industries
Healthcare, Retail, Manufacturing
Population
46K (metro: 460K)
Median household income
$60,000
Unique needs
Summerville requires tailored financial advice to navigate its growing population and evolving economic landscape.
Market Insights
Economic Growth
According to BEA (2023), Summerville's economy has grown by 4.5% annually, driven by population influx and service sector expansion.
Wealth Demographics
According to Census (2023), the median income in Summerville is approximately $60,000, reflecting a stable middle-class demographic.
Advisor Specializations
Based on BLS (2023), financial advisors in Summerville are increasingly focusing on retirement planning and real estate investment strategies.
Local Considerations
Cost of Living
According to BLS (2024), Summerville's cost of living is 5% lower than the national average, making it an attractive location for families.
Real Estate Market
According to Zillow (2024), home prices in Summerville have risen by 10% over the past year, indicating a competitive housing market.
Business Environment
According to Fortune (2024), Summerville's business climate is favorable, with incentives for small businesses and a supportive local government.

Top 5 Financial Advisors in Summerville

Scipio Financial - Financial Advisor: Terry Scipio
★ ★ ★ ★ ★ 5
Compass Investment Advisors, LLC
★ ★ ★ ★ ★ 5
First Command Financial Advisor - Dave Thompson, CFP®
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Clark Williams
★ ★ ★ ★ ★ 5
Cornerstone Financial Strategies
★ ★ ★ ★ ★ 5
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How to Choose the Right Financial Advisor

When selecting a financial advisor in Summerville, 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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Summerville-Specific Expertise
For Summerville residents working in Healthcare, Retail, 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
Summerville's growth in retail and healthcare presents real estate risks amid rising prices. Natural disaster threats like hurricanes necessitate diversified investments.

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Find Financial Advisors in Nearby Cities

Explore financial advisor options in these nearby South Carolina locations

Columbia Charleston North Charleston Mount Pleasant Rock Hill Greenville Summerville Sumter