Best Financial Advisors in Federal Way

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
90+
Advisors
4.9/5.0
Average Rating

Federal Way Financial Landscape

With a population of 92,734, Federal Way is strategically located between Seattle and Tacoma, fostering economic growth. The city benefits from a mix of retail, healthcare, and education sectors.

Major industries
Retail, Healthcare, Education
Population
92.7K (metro: 3.9M)
Median household income
$75,000
Unique needs
Federal Way requires tailored financial strategies to address its unique economic landscape and community needs.
Market Insights
Economic Growth
According to BEA (2023), Federal Way's economy has shown resilience with a growth rate of 3.2% over the past year, driven by retail and healthcare sectors.
Wealth Demographics
According to Census (2023), the median income in Federal Way is approximately $75,000, reflecting a diverse economic base and workforce.
Advisor Specializations
Based on BLS (2023), financial advisors in Federal Way are increasingly specializing in retirement planning and real estate investment strategies.
Local Considerations
Cost of Living
According to BLS (2024), the cost of living in Federal Way is 10% higher than the national average, driven by housing and transportation costs.
Real Estate Market
According to Zillow (2024), the median home price in Federal Way has risen to $500,000, indicating strong demand but potential bubble concerns.
Business Environment
According to Fortune (2024), Federal Way's business climate is favorable, with a growing number of startups and established businesses in the region.

Top 5 Financial Advisors in Federal Way

Jarvis Financial
★ ★ ★ ★ ★ 5
Main Street Wealth Advisors
★ ★ ★ ★ ★ 5
Pacific Legacy Wealth Partners
★ ★ ★ ★ ★ 5
Sherif J. Awad: CERTIFIED FINANCIAL PLANNER Professional - Raymond James
★ ★ ★ ★ ★ 5
Edward Jones - Financial Advisor: Jackson Miller, CFP®|AAMS®|CRPC™
★ ★ ★ ★ ★ 5
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How to Choose the Right Financial Advisor

When selecting a financial advisor in Federal Way, 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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Federal Way-Specific Expertise
For Federal Way residents working in Retail, Healthcare, Education, 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
Federal Way's retail focus poses risks from e-commerce shifts. Housing market trends suggest potential bubble risks. Prepare for flooding and diversify into tech and healthcare sectors.

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