Top Financial Advisors in Cambridge, MA
Top Advisors in Cambridge
Median Advisor Fee
Compensation Types
Top Credentials
Frequently Asked Questions
How much does a financial advisor cost in Cambridge?
The median advisory fee in Cambridge, MA is 1.00% of assets under management. This is 13% 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 Cambridge?
There are 85 fee-only financial advisors in Cambridge, MA, representing 71.4% 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 Cambridge financial advisor?
The most common professional designation among Cambridge advisors is the CFP (Certified Financial Planner), held by 18 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.