Best Financial Advisors in Hampton

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

130+
Advisors
4.8/5.0
Average Rating

Hampton Financial Landscape

Hampton's economy is bolstered by its strategic location and proximity to military and aerospace industries. The city also benefits from a growing tech sector and tourism.

Major industries
Aerospace, Defense, Technology
Population
136.7K (metro: 1.5M)
Median household income
$60,000
Unique needs
Hampton requires tailored financial strategies to address its unique economic landscape and demographic diversity.
Market Insights
Economic Growth
According to BEA (2023), Hampton's economy has shown steady growth, driven by defense contracts and tech innovations.
Wealth Demographics
According to Census (2023), the median income in Hampton is approximately $60,000, reflecting a diverse economic base.
Advisor Specializations
Based on BLS (2023), financial advisors in Hampton are increasingly focusing on retirement planning and investment strategies tailored to local industries.
Local Considerations
Cost of Living
According to BLS (2024), Hampton's cost of living is moderate, with housing costs being the most significant factor for residents.
Real Estate Market
According to Zillow (2024), the real estate market in Hampton is competitive, with prices rising due to demand and limited inventory.
Business Environment
According to Fortune (2024), Hampton's business climate is favorable, supported by local government initiatives and a skilled workforce.

Top 5 Financial Advisors in Hampton

How to Choose the Right Financial Advisor

When selecting a financial advisor in Hampton, 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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Hampton-Specific Expertise
For Hampton residents working in Aerospace, Defense, Technology, 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
Hampton's defense and aerospace focus necessitates diversification to mitigate economic shocks. Real estate is vulnerable to market fluctuations and flood risks; consider geographic investment spread.

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