Rachel SmithI can pinpoint the exact moment when I started hyperventilating just thinking about the future. Will I have enough money to build my dream home? Is my pension going to be enough once I retire? What will happen once the income stops flowing in?
Ah, yes, adult things. All this financial stuff and planning for the future is going to hit you in the face before you realize it. But no matter how complicated, money matters are just a part of life, whether you’re a young professional or a retiree.
Don’t panic (like I did). We’re here to help, because like most people, we want to retire comfortably. Here are our most trusted financial advisors in Indianapolis, who will show you how to invest for your future!
What is the cost of hiring a financial advisor in Indiana?
Hiring a financial advisor in Indiana typically costs 1% of the AUM (Assets Under Management) or about 3% to 5% of the commission. Some will charge flat rates, which will depend on the financial plan.
1. Reify Wealth Advisors
Address: 3500 Depauw Blvd # 1035
Contact: 317-872-5090, 855-872-5090
Hours: Monday – Friday: 8 am – 5 pm
We like it when a financial advisors have all the bases covered, which is why Reify Wealth Advisors is on our list. This independent firm caters to all ages who have the ability to start financial planning, from young professionals to retirees.
They’re highly qualified, as they have accredited professionals who can help you plan your financial future. They’re all financial planners, though, which is under the umbrella of a financial advisor, but doesn’t cover a broader range of services.
Nevertheless, they still assist with long-term financial planning, as well as offering investment and tax services. The tailored solutions are still there, which can include a combination of two or more strategies to match your goals.
Investment management services aren’t too accessible, however, since their minimum is $500,000. On a better note, financial planning doesn’t have to cost a ton since there’s no minimum requirement.
Transparency is the cherry on top. Since they work on a fee-only basis, there’s no potential for conflicts of interest because they don’t sell products, so you know what you’re paying for, from start to finish.
Great firm with a great heart
“Great firm with a great heart; their people care deeply about providing high-quality service to their clients. CPAs on call to assist with tax consultation. Especially in these times, I am honored to be their client.”
-David Wintz, Google Review
They have been a blessing to us
“A friend and I met Grace in the early years, when she did a group meeting on “how financial advice can benefit your life”. We decided to make an appointment, and they have been a blessing to us, helped us navigate retirement, life changes, financial guidance, with caring, knowledgable, positive people. Juli is such a pleasure each time I need a review, or have any question, she’s assists so helpful. And, if you need tax services, Pam is the best, and Robyn, her assistant is a treasure… you will feel welcomed and heard as Ken greets you at the front desk.”
-Sue Mandabach, Google Review
2. Carson Wealth
Address: 6119 S East St
Contact: 888-321-0808
Hours: Monday – Friday: 9 am – 5 pm
What we like about Carson Wealth is that they don’t limit themselves. They’re financial advisors for individuals and businesses, giving them a broad reach.
Speaking of broad reach, they also offer a variety of financial planning services, including retirement, tax, education, estate, and investment management.
Plus, the personalized solutions stood out the most because they look at different angles to find the best strategies. And from the things we’ve seen, these actually work, since most clients noted the smart suggestions for their financial plans.
The ongoing support is worth mentioning, proving that their financial advisors will stick with you all the way. What do we mean by that? They’ll follow up with their regular check-ins to make sure the plan is in order.
But here’s the catch: they’re quite pricey. Sure, financial advisors don’t come cheap, but their hourly rates and asset management fees are higher than others in the area.
With these fees, we think they’re ideal for high-net-worth individuals. Still, they work on a fee-only basis, so the transparency’s there.
They really look out for your best interests
“Wonderful to working with this team. I have total price of mind that my financial future is in great hands. They really look out for your best interests. Highly recommend if you are looking for a top notch financial advisor.”
-K W, Google Review
Very professional
“I had the opportunity to participate in two zoom meetings. Found them to very professional and prepared for our meetings. Very knowledgeable and presented information in a fashion that could be understand. Would not hesitate to work with them again.”
-Jerry Moss, Google Review
3. Creative Financial Group
Address: 6838 S East St
Contact: 317-788-1562, [email protected]
Hours:
- Monday – Thursday: 9 am – 5 pm
- Friday: 9 am – 3 pm
For over two decades, Creative Financial Group has offered financial planning services to Indianapolis. They’re all about making sure retirement is comfortable by providing strategies on the best investments and products.
While that’s great and all, they’re not as accessible as we’d like, in terms of clientele and scope of services. You see, they focus on individuals aged 50 and up, mainly those who are ready to hang up their boots or have already done so.
Their retirement planning focuses on a roadmap that will manage income, investment, healthcare, tax, and legacy. Basically, their financial advisors will focus on looking ahead, ensuring that you won’t run out of money, even as a retiree.
Overall, they’re incredible, and the clients we spoke with were confident about their future, as they received strategies in line with their risk tolerance. Their advisors were honest, informative, and easy to talk with, all without high-pressure sales tactics.
Knowledgeable and friendly
“We have been with CFG for a few years and highly recommend their services. Brian Quick and the rest of the staff are very knowledgeable and friendly. We trust their advice and have made some changes to our investments with positive outcomes.”
-Peggy Sebald, Google Review
Grateful for their attentiveness and care
“We met Brian at a free seminar about financial planning as I had been trying to figure out how to prepare for retirement. CFG has been a God-send, sharing the details for investment/financial planning this phase of life. I am so grateful for their attentiveness and care shown by everyone, even in appointment set-ups and checking for questions I may have prior to meetings and after! I highly recommend Brian & his team. Thanks so much for your patience & help. Joyce Matthews”
-Joyce Matthews, Google Review
4. Strategic Wealth Designers
Address: 9025 River Rd Ste 120
Contact: 317-644-0876
Hours: Monday – Friday: 8 am – 5 pm
It’s the comprehensive care of Strategic Wealth Designers that caught our attention the most. They look at the big picture and inspect all aspects of their client’s life, instead of looking at it as one element, ensuring that they can provide the right strategies.
Their financial advisors have everything covered, such as wealth strategies, asset preservation, legacy planning, and insurance. Every aspect of planning is tailored to each client, which is what we want here.
They have offices in other states, so they’re an expanding firm. But the thing is, their Indy location has a small team of financial advisors for a large city.
Then again, they still provide what’s needed. When we were conducting our surveys, no client had issues with communication, as every agent answered every question thoroughly and knew exactly what the client needed.
Plus, there was no hardselling. Since they’re an independent financial advisory firm, they can focus on your interests without bias or influence from outside parties.
The first time we had confidence in our investments being secure
“My husband and I moved a 401k balance from a former employer to an annuity setup by Strategic Wealth Designers. Mike Reeves was so helpful. We do not have a huge knowledge of the stock market but needed to protect our savings for our retirement which is close. Not only did they explain the annuity but helped us invest in funds with our current 401k plan. It was probably the first time we had confidence in our investments being secure.”
-Barbara Doty, Google Review
Helped us plan for our financial, risk-free, asset-maximizing retirement
“Jordan and Mike at Strategic Wealth Design are awesome fiduciaries! They were able to help plan and support my wife and my retirement goals! We had lots of different small accounts which Jordan and Mike were able to consolidate and help us plan for our financial risk-free, assert maximizing retirement! We are so thankful for their help!”
-Mary Koschielniak, Google Review
5. Bedel Financial Consulting
Address: 8940 River Crossing Blvd, Suite 120
Contact: 317-843-1358, 888-843-1358
Hours: Monday – Friday: 8 am – 5 pm
Bedel Financial Consulting is a firm that was established in 1989, giving it over three decades of expertise in the financial planning landscape of Indianapolis. The company’s over $2.5 billion in managed assets is an impressive portfolio, too!
They also don’t show any bias, which is one of the things we like, because they’re a fee-only service—they only earn through their clients, not outside parties.
Their experienced team of financial advisors is highly qualified, having the proper designations to show they’re knowledgeable in their field. They’ve got a large team with access to various financial strategies, like investment analysts and wealth advisors.
Plus, their client base is vast, from young professionals to retirees. It’s just that we found the minimum investable assets for retired clients are a bit high at $1.5 million, but it’s a good thing there’s no minimum for young professionals.
Finally, one of their standout qualities is their supportive nature, which was mentioned by most clients we had the pleasure to speak with. It was the ongoing communication, transparency, and guidance that stood out the most.
Incredible to work with
“Kate and Austin have been incredible to work with for both our investment and retirement planning. Their knowledge, patience, and personalized guidance have given us real peace of mind about our financial future. The entire Bedel Financial team is professional, responsive, and truly committed to their clients’ success. We couldn’t be happier with the service and support. We highly recommend them!”
-Giota Seaver, Google Review
Helped us feel more financially healthy
“I feel so lucky to have Evan and Abby in my life! As I am transitioning jobs, they patiently met with me and researched all the financial information I would need before meeting with HR. They had much more information than the company provided. I had no clue they contribute to 4 accounts, and I could easily miss this without their help. Additionally, they have helped us feel more financially healthy. It is more than just looking at investments. Evan and Abby consider our whole life and family needs. I do not know what I would do without them!”
-Laura Brim, Google Review
