City Guide

How to Choose a Financial Advisor in WOBURN, MA

A data-driven guide based on 26 registered advisors in WOBURN
01

Local Market Overview

There are 26 registered financial advisors in WOBURN, Massachusetts. Approximately 100% report fee-based compensation, while 8% include commission-based compensation. The average firm serving WOBURN manages $270M in assets.

Registered Advisors
26
In WOBURN, MA
Avg Firm AUM
$270M
Assets under management
Top Credential
CFP
3 advisors
Community Profile

WOBURN has a population of 40,992 with a median household income of $104,780. The median age is 39.2.

Advisor density: 6.3 per 10K residents
Median income: $104,780
Most Common Credentials in WOBURN
CFP
3 advisors
CFA
1 advisors
ChFC
1 advisors
Compensation Types Reported
Percentage of AUM
100% of advisors · 26 total
Subscription fees
58% of advisors · 15 total
Hourly charges
19% of advisors · 5 total
Other: FINANCIAL PLANNING FEES
12% of advisors · 3 total
Commissions
8% of advisors · 2 total
02

What to Look For

Check their credentials
The CFP (Certified Financial Planner) is the gold standard for comprehensive financial planning. A CFA (Chartered Financial Analyst) signals deep investment expertise, while a ChFC (Chartered Financial Consultant) covers insurance and estate planning.
Understand fee structures
Fee-only advisors charge only for their advice (hourly, flat fee, or % of AUM). Fee-based advisors may also earn commissions on products they sell. Commission-only advisors earn money from product sales. Fee-only is generally considered the least conflicted model. See Massachusetts fee analysis →
Verify their registration
Every legitimate advisor should be registered with the SEC or their state. Check FINRA BrokerCheck for disciplinary history, disclosures, and registration status. All advisors on AdvisorOS are sourced from official SEC/FINRA registration data.
Ask about account minimums
Some advisors require $250,000 or more to open an account. Others work with any portfolio size. Ask upfront to avoid wasting time on advisors who aren't a fit.
Review their Form CRS
The Form CRS (Client Relationship Summary) is a 2-page document every advisor must provide. It explains services, fees, conflicts of interest, and disciplinary history in plain language. Ask for it before your first meeting.
03

Browse Advisors in WOBURN

26 advisors in WOBURN, MA

Search the full directory of registered financial advisors in WOBURN. Compare credentials, specialties, and firm details — all based on SEC and FINRA public data.

Browse WOBURN AdvisorsAll Cities in Massachusetts
04

Frequently Asked Questions

How many financial advisors are in WOBURN, MA?
There are 26 registered financial advisors in WOBURN, Massachusetts, according to SEC and FINRA registration data.
What credentials should a financial advisor in WOBURN have?
Look for CFP (Certified Financial Planner) for comprehensive planning, CFA for investment management, or ChFC for insurance and estate planning. The most common credential among WOBURN advisors is CFP.
Are financial advisors in WOBURN required to be fiduciaries?
Registered Investment Advisors (RIAs) have a fiduciary duty to act in your best interest. Broker-dealers follow a suitability standard. Always ask your advisor about their fiduciary status and get it in writing.
What do financial advisors in WOBURN charge?
Fees vary widely. Fee-only advisors typically charge 0.5%–1.5% of assets under management, $150–$400/hour, or flat fees of $1,000–$7,500+ per plan. Commission-based advisors may not charge fees directly but earn commissions on products.
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Browse WOBURN Advisors by Specialty
Investment ManagementRetirement PlanningWealth ManagementFinancial PlanningFee-Only AdvisoryFinancial Education
More Research
What Do Financial Advisors Cost in Massachusetts? →National Fee Analysis →