City Guide

How to Choose a Financial Advisor in FAIRPORT, NY

A data-driven guide based on 44 registered advisors in FAIRPORT
01

Local Market Overview

There are 44 registered financial advisors in FAIRPORT, New York. Approximately 100% report fee-based compensation, while 9% include commission-based compensation. The average firm serving FAIRPORT manages $9.3B in assets.

Registered Advisors
44
In FAIRPORT, NY
Avg Firm AUM
$9.3B
Assets under management
Top Credential
—
Community Profile

FAIRPORT has a population of 5,442 with a median household income of $95,354. The median age is 48.8.

Advisor density: 80.9 per 10K residents
Median income: $95,354
Compensation Types Reported
Percentage of AUM
100% of advisors · 44 total
Other: MNA MAY NEGOTIATE THE FEE FOR CUSTOMIZED PORTFOLIOS AND SERVICES
50% of advisors · 22 total
Subscription fees
43% of advisors · 19 total
Hourly charges
39% of advisors · 17 total
Commissions
9% of advisors · 4 total
Other: 12B-1 FEES
9% of advisors · 4 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 York 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 FAIRPORT

44 advisors in FAIRPORT, NY

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

Browse FAIRPORT AdvisorsAll Cities in New York
04

Frequently Asked Questions

How many financial advisors are in FAIRPORT, NY?
There are 44 registered financial advisors in FAIRPORT, New York, according to SEC and FINRA registration data.
What credentials should a financial advisor in FAIRPORT have?
Look for CFP (Certified Financial Planner) for comprehensive planning, CFA for investment management, or ChFC for insurance and estate planning.
Are financial advisors in FAIRPORT 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 FAIRPORT 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
NEW YORK Guide (19803)ROCHESTER Guide (219)WHITE PLAINS Guide (203)PURCHASE Guide (160)SYRACUSE Guide (160)BUFFALO Guide (132)BROOKLYN Guide (131)ALBANY Guide (124)RYE Guide (123)NEW YORK CITY Guide (113)
Browse FAIRPORT Advisors by Specialty
Investment ManagementRetirement PlanningWealth ManagementFinancial PlanningFee-Only AdvisoryFinancial Education
More Research
What Do Financial Advisors Cost in New York? →National Fee Analysis →