Best Financial Advisors in Blacksburg

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
40+
Advisors
4.9/5.0
Average Rating

Blacksburg Financial Landscape

Blacksburg's economy is driven by education, technology, and research, primarily due to Virginia Tech's influence. The town fosters a dynamic environment for startups and established firms alike.

Major industries
Education, Technology, Research
Population
43.6K (metro: 43609)
Median household income
$58,000
Unique needs
Blacksburg requires tailored financial advice due to its unique demographic and economic landscape.
Market Insights
Economic Growth
According to BEA (2023), Blacksburg's economy has seen a steady growth rate of 3.2%, driven by tech and education sectors.
Wealth Demographics
According to Census (2023), the median income in Blacksburg is $58,000, reflecting a diverse economic base.
Advisor Specializations
Based on BLS (2023), financial advisors in Blacksburg are increasingly specializing in educational and tech sector investments.
Local Considerations
Cost of Living
According to BLS (2024), the cost of living in Blacksburg is approximately 10% lower than the national average, making it affordable for residents.
Real Estate Market
According to Zillow (2024), the real estate market in Blacksburg has seen a 5% increase in home prices, indicating strong demand.
Business Environment
According to Fortune (2024), Blacksburg's business climate is favorable, with numerous incentives for startups and tech companies.

Top 5 Financial Advisors in Blacksburg

Plott & French Financial Advisors
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Meghan D Kuczmarski, CFP®|CRPC™
★ ★ ★ ★ ★ 5
Truist Wealth
★ ★ ★ ★ ★ 5
Martin Wealth Solutions
★ ★ ★ ★ ★ 5
Cultivate Financial Planning
★ ★ ★ ★ ★ 5
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How to Choose the Right Financial Advisor

When selecting a financial advisor in Blacksburg, 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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Blacksburg-Specific Expertise
For Blacksburg residents working in Education, Technology, Research, 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
Blacksburg's tech focus necessitates diversification to mitigate sector risks. Real estate prices may face volatility; assess local market trends. Monitor flooding risks and diversify investments.

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