City Guide

How to Choose a Financial Advisor in MONTCLAIR, NJ

A data-driven guide based on 15 registered advisors in MONTCLAIR
01

Local Market Overview

There are 15 registered financial advisors in MONTCLAIR, New Jersey. Approximately 93% report fee-based compensation, while 0% include commission-based compensation. The average firm serving MONTCLAIR manages $706M in assets.

Registered Advisors
15
In MONTCLAIR, NJ
Avg Firm AUM
$706M
Assets under management
Top Credential
CFP
3 advisors
Most Common Credentials in MONTCLAIR
CFP
3 advisors
ChFC
1 advisors
Compensation Types Reported
Percentage of AUM
93% of advisors · 14 total
Subscription fees
67% of advisors · 10 total
Hourly charges
40% of advisors · 6 total
Other: INSURANCE COMPENSATION
33% of advisors · 5 total
Performance-based fees
13% of advisors · 2 total
Other: CONTINGENCY FEE BASED ON RETIREMENT PLAN SAVINGS
7% of advisors · 1 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 New Jersey 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 MONTCLAIR

15 advisors in MONTCLAIR, NJ

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

Browse MONTCLAIR AdvisorsAll Cities in New Jersey
04

Frequently Asked Questions

How many financial advisors are in MONTCLAIR, NJ?
There are 15 registered financial advisors in MONTCLAIR, New Jersey, according to SEC and FINRA registration data.
What credentials should a financial advisor in MONTCLAIR 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 MONTCLAIR advisors is CFP.
Are financial advisors in MONTCLAIR 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 MONTCLAIR 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.
Guides for Nearby Cities
JERSEY CITY Guide (80)SUMMIT Guide (74)PRINCETON Guide (68)RED BANK Guide (66)NEWARK Guide (57)MORRISTOWN Guide (55)PARSIPPANY Guide (50)CHATHAM Guide (31)WEEHAWKEN Guide (26)WESTWOOD Guide (25)
Browse MONTCLAIR Advisors by Specialty
Investment ManagementRetirement PlanningWealth ManagementFinancial PlanningFee-Only AdvisoryFinancial Education
More Research
What Do Financial Advisors Cost in New Jersey? →National Fee Analysis →