Best Financial Advisors in Grand Prairie

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
180+
Advisors
4.6/5.0
Average Rating

Grand Prairie Financial Landscape

With a population of 183,372, Grand Prairie is strategically located between major economic hubs like Dallas and Fort Worth. The city benefits from a mix of industries, including manufacturing, retail, and entertainment.

Major industries
Manufacturing, Retail, Entertainment
Population
183K (metro: 7.8M)
Median household income
$62,000
Unique needs
Grand Prairie requires tailored financial strategies due to its diverse economic base and rapid growth.
Market Insights
Economic Growth
According to BEA (2023), Grand Prairie's economy has shown resilience, with a growth rate of 3.5% year-over-year, driven by retail and manufacturing sectors.
Wealth Demographics
According to Census (2023), the median income in Grand Prairie is $62,000, reflecting a diverse population with varying economic backgrounds.
Advisor Specializations
Based on BLS (2023), financial advisors in Grand Prairie are increasingly focusing on retirement planning and wealth management for a growing population.
Local Considerations
Cost of Living
According to BLS (2024), the cost of living in Grand Prairie is approximately 5% lower than the national average, making it an attractive place to live.
Real Estate Market
According to Zillow (2024), the real estate market in Grand Prairie has seen a 10% increase in home values over the past year, indicating strong demand.
Business Environment
According to Fortune (2024), Grand Prairie's business climate is favorable, with incentives for small businesses and a growing entrepreneurial ecosystem.

Top 5 Financial Advisors in Grand Prairie

Edward Jones - Financial Advisor: Jeff Fruit
★ ★ ★ ★ ★ 5
Appreciation Financial - Ric Carroll
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Terri Y Dirba, CFP®|AAMS®
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Tony W Seery, CFP®|AAMS®
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Cary G Dover
★ ★ ★ ★ ★ 5
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How to Choose the Right Financial Advisor

When selecting a financial advisor in Grand Prairie, 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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Grand Prairie-Specific Expertise
For Grand Prairie residents working in Manufacturing, Retail, Entertainment, 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
Grand Prairie's economy relies on retail and manufacturing, posing risks from economic downturns. Housing market volatility and flooding risks necessitate diversified investments.

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