Best Financial Advisors in Kingsport

Find top-rated local financial advisors who can help you achieve your financial goals with personalized strategies and expert guidance.

60+
Advisors
4.8/5.0
Average Rating

Kingsport Financial Landscape

Kingsport's economy is diverse, with a focus on manufacturing, healthcare, and retail. The city benefits from its strategic location in the Tri-Cities region.

Major industries
Manufacturing, Healthcare, Retail
Population
52.9K (metro: 529.6K)
Median household income
$50,000
Unique needs
Kingsport requires tailored financial advice due to its unique economic landscape and demographic trends.
Market Insights
Economic Growth
According to BEA (2023), Kingsport's economy has shown steady growth, driven by manufacturing and healthcare sectors.
Wealth Demographics
According to Census (2023), the median income in Kingsport is approximately $50,000, reflecting the city's economic landscape.
Advisor Specializations
Based on BLS (2023), financial advisors in Kingsport are increasingly focusing on retirement planning and investment strategies.
Local Considerations
Cost of Living
According to BLS (2024), Kingsport's cost of living is lower than the national average, making it an attractive place to live.
Real Estate Market
According to Zillow (2024), Kingsport's real estate market is stable, but potential buyers should be cautious of rising prices.
Business Environment
According to Fortune (2024), Kingsport offers a supportive business climate, with incentives for new businesses and expansions.

Top 5 Financial Advisors in Kingsport

How to Choose the Right Financial Advisor

When selecting a financial advisor in Kingsport, 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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Kingsport-Specific Expertise
For Kingsport residents working in Manufacturing, Healthcare, Retail, 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
Kingsport's manufacturing focus poses economic risks; housing market may face volatility. Prepare for flooding and tornado risks. Diversify investments.

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