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The 5 Best Financial Planners in Portland

The 5 Best Financial Planners in Portland

How we picked

Financial services

Based on the firm’s area of expertise and industry knowledge.

Reputation

Based on the financial planners’ years in practice, clientele profile, and credentials and licenses.

Professional fee

Based on the financial planners’ professional fees. 

Availability and communication

Based on the firm’s availability and modes of communication.

1. Bridgetown Wealth Management

Bridgetown Wealth Management Homepage

Services: Wealth management services

Website: https://www.bridgetownwealthmanagement.com/

Address: 700 NE Multnomah St #820, Portland, OR 97232

Contact Details: +1 503-280-7155

Operating Hours: Monday – Friday: 9:00 AM – 5:00 PM 

Google Reviews5/5 
COMPACOM4/5 
Total reviews4/5 
Score consistency5/5 
Financial services5/5 
Area of expertise5/5 
Industry knowledge5/5 
Reputation5/5 
Years in practice5/5 
Clientele profile5/5 
Credentials and licenses5/5 
Professional fee5/5 
Availability and communication 5/5 

Pros

  • 60 years of collective industry experience 
  • Expertise in investment management
  • Expertise in retirement accounts management
  • Uses a 7-step service process
  • Good range of financial tools
  • Solid communication 

Cons

  • High minimum profile

Bridgetown Wealth Management won a spot on our list because of their solid clientele profile and experience. They also have a comprehensive planning process which we love for the ease and convenience it brings. 

The firm works with individuals and institutions with portfolios beginning at $500,000, which is a pretty fair starting point, to be honest. Plus, they’re easy to communicate with which is something we naturally expect for this service.

In terms of financial tools, they have worksheets and documents available which are required in the planning process. Once filled up, their team of professionals gets to work using their seven-step service process.

Speaking of their team, their advisors have a collective experience of 60 years in the industry. This is an adequate experience in our opinion, so we’re confident about their knowledge and skills in promoting financial wellness.

One of their strongest suits is their investment management services, which helped a lot of clients over the years. For instance, they have experience in ​​transferring shares of stock and beneficiary IRAs in a timely manner.

The company is also well-versed in the management of retirement accounts and setting up goals for retirement in general. Overall, the wide range of expertise and great financial planning process is what won us over.

2.  Somerset Wealth Strategies

Somerset Wealth Strategies Homepage

Services: Retirement planning, investment management, asset protection, life insurance

Website: https://somersetwealthstrategies.com/

Address: 4600 S Kelly Ave, Portland, OR 97239

Contact Details: +1 503-595-1333

Operating Hours: Monday – Friday: 6:30 AM  – 6:00 PM

Google Reviews5/5
Yably5/5
Total reviews5/5
Score consistency5/5
Financial services5/5
Area of expertise5/5
Industry knowledge5/5
Reputation5/5
Years in practice5/5
Clientele profile4/5
Credentials and licenses5/5
Professional fee4/5
Availability and communication 4/5

Pros

  • Providing financial planning for over 30 years
  • A+ BBB Rating
  • Offers a wide range of financial services
  • Specializes in Retirement Planning
  • Provides custom retirement strategy
  • Licensed and certified financial advisor/planner

Cons

  • Limited number of financial advisors/planners
  • Minor issues with availability 

Although Somerset Wealth Strategies offers a wide range of financial services, you might want to hire them for your needed retirement planning. And since we know for a fact that it’s their specialization, you’re surely in to live out your dream retirement.

First of all, they’ve been in the industry for over 30 years, giving us an impression that they’re good at reaching their clients’ financial goals. It’s also a plus point for us that they managed to get  A+ BBB Rating, and we know for you as well.

Now, getting back to the topic of their retirement planning, we think it’s worth mentioning that they strategize by using investment and insurance products, not that it’s certainly special at all. However, it’s something we think could allow them to custom suit your needs.

Actually, we’ve only heard great feedback regarding the retirement planning they provide. Some of them claimed they had a comfortable retirement, while others were thankful for the various investment options they provided that helped their retirement strategies.

Well, this is all thanks to the in-house licensed financial advisor and planner they have. It’s just that we find their team of professionals a small group, which worries us on how they can deliver proper accommodation to their long-list of clients.

There’s also this tiny bit of a problem with their availability, especially in emergency situations. Good thing they cater to same-day meet-ups with their clients – you just have to be lucky enough to ring them on a not-busy weekday.

3. Clarity Capital Management, LLC

Clarity Capital Management, LLC Homepage

Services: Financial planning, investment management

Website: https://claritycapitalmgmt.com/

Address: 7307 SW Beveland St Suite 200, Portland, OR 97223

Contact Details:  +1 503-388-5781 | [email protected]

Operating Hours: Monday – Friday: 8:00 AM – 5:00 PM

Google Reviews5/5
Investor.com4/5
Total reviews3/5
Score consistency5/5
Financial services5/5
Area of expertise4/5
Industry knowledge4/5
Reputation4/5
Years in practice4/5
Clientele profile4/5
Credentials and licenses5/5
Professional fee4/5
Availability and communication 4/5

Pros

  • Registered investment advisor in the state of Oregon
  • Independent fee-only financial planning firm
  • Works on ongoing financial planning and one–time financial planning
  • Covers many areas of financial planning
  • Welcomes both young professionals and pre-retirees/retirees as clients
  • Competitive pricing system

Cons

  • Minor inconsistencies with their services

The very first thing you need to know about Clarity Capital Management, LLC is they are an independent fee-only financial planning firm. Yes, you read that right, in getting their service, you pay their financial advisors directly, be it a flat rate or hourly rate.

Before we discuss the kind of financial services they provide, let’s first give you a background of their professional fee. A ‘topical’ engagement with them may be billed on an agreed price in advance, but the idea is $300/hour (pretty pricey but can be labeled as reasonable).

Now, it’s nice to know that they can work with you for comprehensive ongoing financial planning, one-time financial plan, and even managing your investment. All these happen in a 4-stage process we deem highly effective, well according to what the reviews say.

We know how important it is to know who they work for and they didn’t disappoint. As a matter of fact, unlike most traditional financial planning firms, they definitely welcome both young professionals and pre-retirees/retirees as clients.

The only drawback about them that we’ve managed to know is the inconsistencies of their service right on their current profile, which they did acknowledge on their website. If we are being straightforward, this honesty dismays us, however, only lightly.

For our final note, let’s remind you that the firm is a registered investment advisor in the state of Oregon. That’s why even though we’ve seen hiccups in their services, they’re still trustworthy on all things related to financial planning.

4. Lunaria Financial

Lunaria Financial Homepage

Services: Financial planning, investment management, financial education

Website: https://lunariafinancial.com/

Address: 7837 SW Capitol Hwy, Portland, OR 97219

Contact Details: +1 503-452-7000 | [email protected]

Operating Hours: Monday – Friday: 9:00 AM – 4:30 PM 

Google Reviews4/5
Yelp5/5
Total reviews1/5
Score consistency4/5
Financial services5/5
Area of expertise5/5
Industry knowledge4/5
Reputation4/5
Years in practice4/5
Clientele profile3/5
Credentials and licenses4/5
Professional fee4/5
Availability and communication 3/5

Pros

  • Provides a large range of financial planning
  • Impressive resources and connections for strategizing financial plans
  • Expertise in socially responsible investing
  • Waived financial planning fees for clients with portfolios over $1M
  • Free consultation

Cons

  • Poor feedback in communications

It’s their resourcefulness that opens the door for a competent financial plan that enabled Lunaria Financial to land on our list. And we’re here to highlight this matter for you since we reckon they could be of great help for your financial planning needs.

First and foremost, they pride themselves on having connections with other professionals. This, we think, is not at all fresh news, although, this really could help them strategize your financial situation seeing that they’re partnered with managers, attorneys, and tax professionals.

On top of it all, they offer free consultation, which is not the usual thing in this kind of industry so this totally wins us over. Additionally, the fact that they disclose the fees during this consultation is great news as it signals transparency.

Now, it’s worth noting that their financial advisors have expertise in investing and what they call “sudden money”. Given that, we simply conclude that they can cater to all financial things relating to inheritance, divorce, business, and much more.

However, there are still issues we’ve noticed based on the reviews which point to them delivering poor customer service, mostly regarding the communication (updates, follow-ups). This, honestly speaking, is a disappointment on our part.

On a much brighter side, they’re great with the courtesy they give their clients. Regarding that, they waive financial planning fees for clients with portfolios over $1M, which we think is a generous move.

5. JGP Wealth Management

JGP Wealth Management Homepage

Services:  Multiple financial planning

Website: https://jgpwealth.com/

Address: 760 SW 9th Ave. Suite 2350, Portland, OR 97205

Contact Details: +1 503-446-6450 | [email protected]

Operating Hours: Monday – Friday: 6:30 AM – 4:00 PM

Google Reviews5/5
Investor.com4/5
Total reviews2/5
Score consistency4/5
Financial services5/5
Area of expertise5/5
Industry knowledge4/5
Reputation4/5
Years in practice5/5
Clientele profile5/5
Credentials and licenses4/5
Professional fee4/5
Availability and communication 4/5

Pros

  • Provides a wide range of wealth management services
  • Impressive clientele profile
  • Financial advisors/planners with successful track record
  • Good communicators and great referrals
  • Reasonable rates
  • Recognized by the Portland Business Journal 

Cons

  • Limited number of strategic partners

Like any other financial planning firm we know, JGP Wealth Management does provide a wide range of wealth management services, most likely the common ones. And yes, many of their clients agreed to the top-notch service they deliver, and we do so too.

Speaking of that, we’re wowed by the impressive clientele profile they have, ranging from professionals and business owners to company executives and divorcees. Literally speaking, you name it, they’ve worked with most of the profiles there are.

On a poor note, we’ve learned that they only have a limited number of strategic partners which can totally affect the financial plans they can give their clients. But, as of this writing, we are pleased to know that they’ve been managing to expand.

As a matter of fact, there were positive notes about that on every review site we’ve seen so far. There’s praise when it comes to how good a communicator their financial advisors are, as well as in referring clients to great legal counsel when needed.

Well, of course, thanks to over 25 years of experience, they achieved the right & respectful handling of financial planning, especially in their locality. That’s why we’re not surprised that the financial advisors they have as of now, are achieving a next-to-perfect track record.

Finally, we do believe that the firm’s involvement in the community is a great reflection of how they are as a financial planning firm. To tell you the truth, they have been recognized by the Portland Business Journal for their philanthropic efforts since 2019.

FAQs About Financial Planners in Portland

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