The Lancaster Review's Guide To
The Best Financial Advisors In Lancaster, PA
Financial Advisors In Lancaster County, PA
Whether you’re planning for retirement, managing investments, or building wealth, the need for great local financial advisors is greater than ever. In this guide, you will find tips on finding a Lancaster financial advisor that perfectly suits your needs. We will also share insights from Lancaster-area financial professionals and highlight a few of our sponsors.
If you’d like to be featured in our guide, get in touch. Or, if there’s a trusted Lancaster County financial advisor you think we should include, let us know.
How to Find the Right Financial Advisor
What Is a Financial Advisor
To explain how to find the right financial advisor, we first need to understand what a financial advisor actually does. In short, a financial advisor is a professional who helps individuals and families navigate important financial decisions. These decisions can include anything from managing investments to tax planning and preparing for retirement.
Understand Your Needs
When searching for the best financial advisor in Lancaster, PA for you, start by identifying your own needs. Then, find a financial advisor who can meet those needs through their knowledge, experience, and skill. If you’re approaching retirement, you may want someone with deep retirement income planning experience. If you’re a young family, you may value help with budgeting, insurance, and saving for college. Business owners often benefit from advisors who possess deep knowledge of topics like succession planning and tax-saving strategies.
Check Credentials
Credentials are another important factor. The most recognized designation for comprehensive planning is the CERTIFIED FINANCIAL PLANNER™ (CFP®) designation. Other respected designations include ChFC® (Chartered Financial Consultant®) and CFA® (Chartered Financial Analyst®).
Compensation
It is wise to know how an advisor is compensated. Some advisors are fee-only or fee-based, meaning they charge a fee such as a flat rate, hourly fee, or percentage of assets managed. Others are commission-based, meaning they may earn compensation from products they recommend, such as insurance or annuities. There are also hybrid approaches. We are not here to argue what type of compensation structure is best, but it is important to understand how compensation works before moving forward.
Want to be featured in our guide? Get in touch.
Featured Financial Advisors
Jake King
Harvest Rock Advisors
I enjoy helping people understand complex financial topics and feel confident in the decisions that will affect them for years to come.
David Shaffer
Shaffer Wealth Advisors
Don’t waste your time worrying about money. We’ll partner with you to help you gain peace of mind and achieve your long-term financial goals.
John Good
Blue Chip Financial
Blue Chip Financial offers planning, investment, and insurance solutions to meet the objectives of our clients.
Jake King
Harvest Rock Advisors
I enjoy helping people better understand complex topics and feel more confident in the financial decisions that will affect them for years to come.
David Shaffer
Shaffer Wealth Advisors
Don’t waste your time worrying about money. We’ll partner with you to help you gain peace of mind and achieve your long-term financial goals.
Steve Maher
Cool Creek Financial
At Cool Creek Financial, we’ve built the firm on simple concepts. Clients ALWAYS come first, and our advice is independent and objective.
Local Insights (Coming Soon)
Your Roadmap to Retiring Comfortably in Lancaster, PA
Local financial advisor Jake King shares real numbers you will need to retire in Lancaster, PA.
Navigating The Rising Cost of Health Insurance
How does Individual health insurance fit into your overall financial plan? We break down your options.
Should I Get An HSA For My Kids?
We take a look to the pros and cons of HSA’s, and consider a few alternatives.
Want to be featured in our guide? Get in touch.
Lancaster County Financial Advisors
Did We Miss Anyone?
If you are financial advisor in Lancaster County and would like to be added to the list or featured in our guide, contact us today. Or, if you have a favorite financial advisor that we missed, we would love to hear about them.
We are thankful for our paying sponsors in our featured section. You make what we do possible. This is not an exhaustive list of the best financial advisors in and around Lancaster County. Our goal is to highlight a few trusted financial advisors and provide valuable insights for local readers. Get in touch if you want to learn more!