Best Financial Advisors in DeSoto

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
50+
Advisors
4.6/5.0
Average Rating

DeSoto Financial Landscape

With a population of 51,483, DeSoto is part of the dynamic Dallas-Fort Worth area, which boasts a robust economy driven by various sectors. The city benefits from proximity to major employers and a diverse industrial base.

Major industries
Retail, Healthcare, Transportation
Population
1.3M (metro: 7.8M)
Median household income
$70,000
Unique needs
DeSoto requires tailored financial strategies to address its diverse population and economic landscape.
Market Insights
Economic Growth
According to BEA (2023), DeSoto's economy is growing steadily, driven by retail and healthcare sectors, with a focus on job creation.
Wealth Demographics
According to Census (2023), the median income in DeSoto is $70,000, reflecting a diverse economic base and community.
Advisor Specializations
Based on BLS (2023), financial advisors in DeSoto are increasingly focusing on retirement planning and investment diversification.
Local Considerations
Cost of Living
According to BLS (2024), DeSoto's cost of living is competitive, making it an attractive option for families and businesses alike.
Real Estate Market
According to Zillow (2024), the real estate market in DeSoto shows steady appreciation, but potential bubble risks exist due to rapid price increases.
Business Environment
According to Fortune (2024), DeSoto's business climate is favorable, with supportive local policies encouraging entrepreneurship and growth.

Top 5 Financial Advisors in DeSoto

Ryland Tax & Financial Services
★ ★ ★ ★ ★ 5
Sullivan Financial Partners
★ ★ ★ ★ ★ 5
Alex Byrd : Primerica - Financial Services
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Jaime D Holland, CFP®|ChFC®|AAMS®
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Jason Crenshaw, CFP®|AAMS®
★ ★ ★ ★ ★ 5
Receive a complimentary AI wealth evaluation before hiring an advisor.
Sign up for Mezzi

How to Choose the Right Financial Advisor

When selecting a financial advisor in DeSoto, consider these essential factors

Icon
Fiduciary Standard
Prioritize advisors who commit to acting as fiduciaries 100% of the time, legally obligating them to put your interests first.
Icon
DeSoto-Specific Expertise
For DeSoto residents working in Retail, Healthcare, Transportation, consider advisors with specific experience in your industry's unique compensation and benefit structures.
Icon
Fee Structure Transparency
Understand how your advisor is compensated—whether through fees, commissions, or a combination—and how this might influence their recommendations.
Icon
Credentials
Seek advisors with recognized credentials such as CFP®, CFA, or ChFC designations, indicating advanced training and ethical standards.
Icon
Communication Style
Choose an advisor whose communication approach matches your preferences regarding frequency, detail, and method of interaction.
Icon
Risk Management Focus
DeSoto's reliance on retail and healthcare poses risks; housing market volatility and flooding threats are concerns. Diversify investments to mitigate economic shocks.

Skip the advisor fees

Find Financial Advisors in Nearby Cities

Explore financial advisor options in these nearby Texas locations

Houston San Antonio Dallas Austin Fort Worth El Paso Arlington Corpus Christi