Best Financial Advisors in Charleston

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
60+
Advisors
4.4/5.0
Average Rating

Charleston Financial Landscape

Charleston's economy is primarily driven by healthcare, education, and government services. The city is experiencing modest growth, bolstered by local investments.

Major industries
Healthcare, Education, Government
Population
50.8K (metro: 508.2K)
Median household income
$45,000
Unique needs
Charleston requires economic diversification to mitigate risks associated with its reliance on public sector jobs.
Market Insights
Economic Growth
According to BEA (2023), Charleston's GDP growth is steady, driven by healthcare and education sectors.
Wealth Demographics
According to Census (2023), the median income in Charleston is $45,000, reflecting the city's economic landscape.
Advisor Specializations
Based on BLS (2023), financial advisors in Charleston focus on retirement planning and investment management.
Local Considerations
Cost of Living
According to BLS (2024), Charleston's cost of living is lower than the national average, making it attractive for new residents.
Real Estate Market
According to Zillow (2024), Charleston's housing market is stable, with moderate price growth and a balanced supply-demand ratio.
Business Environment
According to Fortune (2024), Charleston's business climate is improving, with incentives for startups and small businesses.

Top 5 Financial Advisors in Charleston

Fourth Avenue Financial LLC
★ ★ ★ ★ ★ 5
Morgan Stanley Financial Advisors
★ ★ ★ ★ ★ 5
Freedom Financial
★ ★ ★ ★ ★ 5
Wealth Enhancement Group
★ ★ ★ ★ ★ 5
Heritage Investment Group Inc
★ ★ ★ ★ ★ 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 Charleston, 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
Charleston-Specific Expertise
For Charleston residents working in Healthcare, Education, Government, 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
Charleston's economy is vulnerable due to its public sector reliance. Real estate may face downturns; diversify investments and prepare for flooding risks.

Skip the advisor fees

Find Financial Advisors in Nearby Cities

Explore financial advisor options in these nearby West Virginia locations

Charleston Huntington