Best Financial Advisors in El Paso

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
670+
Advisors
4.9/5.0
Average Rating

El Paso Financial Landscape

El Paso's economy is driven by trade, manufacturing, and healthcare, benefiting from its proximity to Mexico. The city is experiencing steady growth, attracting diverse businesses.

Major industries
Manufacturing, Trade, Healthcare
Population
674K (metro: 1.0M)
Median household income
$54,000
Unique needs
El Paso requires a focus on cross-border trade and infrastructure development to support its growing economy.
Market Insights
Economic Growth
According to BEA (2023), El Paso's GDP growth is projected at 3.5%, driven by manufacturing and trade expansion.
Wealth Demographics
According to Census (2023), the median income in El Paso is $54,000, reflecting a diverse workforce and economic opportunities.
Advisor Specializations
Based on BLS (2023), financial advisors in El Paso are increasingly focusing on retirement planning and investment strategies.
Local Considerations
Cost of Living
According to BLS (2024), El Paso's cost of living is approximately 10% lower than the national average, making it an attractive place to live.
Real Estate Market
According to Zillow (2024), El Paso's housing market is stable, with a median home price of $250,000, but rising demand may create affordability issues.
Business Environment
According to Fortune (2024), El Paso's business climate is favorable, with incentives for startups and established firms, particularly in manufacturing and logistics.

Top 5 Financial Advisors in El Paso

Lauterbach Financial Advisors
★ ★ ★ ★ ★ 5
Symphony Financial
★ ★ ★ ★ ★ 5
Carson Wealth
★ ★ ★ ★ ★ 5
Crown Wealth Strategies, El Paso Wealth Management Dipp Metzger CFP Certified Financial Planner
★ ★ ★ ★ ★ 5
Safe Path Financial
★ ★ ★ ★ ★ 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 El Paso, 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
El Paso-Specific Expertise
For El Paso residents working in Manufacturing, Trade, Healthcare, 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
El Paso's reliance on manufacturing and trade poses risks; diversify into tech and services. Real estate may face volatility due to economic shifts and weather-related events.

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