Top Financial Advisors in Washington, DC
Top Advisors in Washington
Median Advisor Fee
Compensation Types
Top Credentials
Frequently Asked Questions
How much does a financial advisor cost in Washington?
The median advisory fee in Washington, DC is 1.03% of assets under management. This is 10% below the national median. Fees vary based on portfolio size, services provided, and the advisor's fee structure.
How many fee-only advisors are in Washington?
There are 522 fee-only financial advisors in Washington, DC, representing 40.2% of all advisors in the area. Fee-only advisors do not earn commissions from selling financial products, which can reduce potential conflicts of interest.
What credentials should I look for in a Washington financial advisor?
The most common professional designation among Washington advisors is the CFP (Certified Financial Planner), held by 121 advisors. Other important credentials include the CFA (Chartered Financial Analyst) and CPA (Certified Public Accountant). These certifications require rigorous education, examination, and ongoing continuing education.