How to Choose a Financial Advisor in BEACHWOOD, OH

A data-driven guide based on 138 registered advisors in BEACHWOOD

Local Market Overview

There are 138 registered financial advisors in BEACHWOOD, Ohio. Approximately 84% report fee-based compensation, while 1% include commission-based compensation. The average firm serving BEACHWOOD manages $2.5B in assets.

Registered Advisors

138

In BEACHWOOD, OH

Avg Firm AUM

$2.5B

Assets under management

Top Credential

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Community Profile

BEACHWOOD has a population of 13,846 with a median household income of $105,346. The median age is 49.2.

Advisor density: 99.7 per 10K residents

Median income: $105,346

Compensation Types Reported

Percentage of AUM

84% of advisors · 116 total

Subscription fees

52% of advisors · 72 total

Hourly charges

39% of advisors · 54 total

Performance-based fees

24% of advisors · 33 total

Other: PERCENTAGE OF ASSETS UNDER MANAGEMENT WITH THIRD PARTY MANAGERS

10% of advisors · 14 total

Other: % OF ASSETS MONITORED

8% of advisors · 11 total

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 Ohio 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.

Browse Advisors in BEACHWOOD

138 advisors in BEACHWOOD, OH

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

Browse BEACHWOOD Advisors All Cities in Ohio

Frequently Asked Questions

How many financial advisors are in BEACHWOOD, OH?

There are 138 registered financial advisors in BEACHWOOD, Ohio, according to SEC and FINRA registration data.

What credentials should a financial advisor in BEACHWOOD 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 BEACHWOOD 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 BEACHWOOD 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 BEACHWOOD Advisors by Specialty

Investment Management Retirement Planning Wealth Management Financial Planning Fee-Only Advisory Financial Education

More Research

What Do Financial Advisors Cost in Ohio? →National Fee Analysis →