9 Best Financial Advisors in Nashville, Tennessee for 2023 • Benzinga

Nashville is a cultural hub for music and business. Its high quality of life and low cost of living mean you can enjoy the city life without breaking the bank.  A financial advisor can help build a plan for your future in Music City. Check out Benzinga’s list of the best financial advisors in Nashville, Tennessee to get started today.

Best Financial Advisors in Nashville, Tennessee:

Best for Variety of Services: Criterion Capital Advisors, LLC

Criterion Capital Advisors specializes in investment management and financial planning for both individuals and small businesses. In operation since 2018, the relatively new firm has 1 Certified Financial Planner (CFP®) on staff. There is no account minimum required, and Criterion will customize your plan no matter your wealth, goals and risk tolerance.

The firm’s range of services include:

  • Portfolio management
  • Insurance planning
  • Charitable planning
  • Retirement planning
  • 401(k) and IRA planning
  • Education planning
  • Risk management
  • Estate planning

CRITERION CAPITAL ADVISORS LLC

$304,315,353

  • A percentage of assets under your management
  • Fixed fees (other than subscription fees)

  • Financial planning services
  • Selection of other advisers (including private fund managers)
Address

4515 HARDING PIKE STE 300NASHVILLE TN, 37205

Best For

  • Customizable Robo Investing

Best Robo-Advisor: M1 Finance

M1 Finance features an easy-to-use platform that combines innovative technology with useful tools. Its unique Pie-based interface makes building and managing a portfolio simple. Choose from more than 6,000 stocks and funds to build your custom Pie. You can also select from nearly 100 Expert Pies designed to meet different financial goals and investment objectives.

M1 offers you different ways to invest, borrow and spend. The M1 Core account offers no trading commissions, no management fees, a free checking account and a 3.5% base rate for its portfolio line of credit. 

Choose the Plus account for $125 per year and receive additional benefits like 1% cash back on qualifying debit card purchases and 1% annual percentage yield (APY) checking. 

Best for Customized Wealth Management: M Capital Advisors

M Capital provides asset management for institutions and financial planning for individuals and families. Customized investment management is at the core of its service. The firm has locations in Nashville and San Antonio, Texas.

You can expect M Capital to take a look at your income needs, earning potential and risk tolerance before your advisor creates a customized strategy. The firm develops specialized tax-efficient portfolios to minimize risk and get results.

$562,987,698

  • A percentage of assets under your management
  • Hourly charges
  • Fixed fees (other than subscription fees)

  • Financial planning services
Address

104 WOODMONT BLVD SUITE 320NASHVILLE TN, 37205

Best for High-Net-Worth Individuals: Kraft Asset Management, LLC

Kraft Asset Management (KAM) is a wholly owned subsidiary of KraftCPAs. The firm is a fiduciary with experience helping high net worth individuals build, preserve, transfer and donate wealth. 

Kraft’s focus areas include:

  • Wealth and investment management
  • Planning for business owners
  • Multi-family office support

Kraft advisors are salary-based and do not receive any commissions for any investment advice. The firm’s main priority is to put clients first.

KRAFT ASSET MANAGEMENT, LLC

$357,714,435

  • A percentage of assets under your management
  • Hourly charges
  • Fixed fees (other than subscription fees)

  • Financial planning services
  • Pension consulting services
  • Selection of other advisers (including private fund managers)
Address

555 GREAT CIRCLE ROAD NASHVILLE TN, 37228

Best For

  • High Net Worth Individuals

Best Portfolio Analysis: Personal Capital

Personal Capital lets you view all your accounts at once to help budget your finances and keep track of spending. You can track a multi-asset portfolio with its investment management tools that are completely free of charge.

Need an advisor to manage your portfolio? Personal Capital offers managed services if you have an account minimum balance of $100,000 or more. You can also get help from Personal Capital’s advisors to plan tax optimization strategies and analyze your personal long- and short-term goals.

Best for Experienced Advisors: Decker Wealth Management, LLC

Decker Wealth Management boasts a cumulative experience of more than 100 years. Decker is a registered investment advisor, so you can expect honest, unbiased advice with exceptional service.

The firm will create a plan that centered around your goals. Then your advisor will bring in financial planning platforms to craft and monitor your investment plan. Decker has made significant investments in technology and resources to provide you with advancement management and reporting tools. 

DECKER WEALTH MANAGEMENT, LLC

$160,567,274

  • A percentage of assets under your management
  • Fixed fees (other than subscription fees)

  • Financial planning services
  • Selection of other advisers (including private fund managers)
Address

4535 HARDING PIKE SUITE 201NASHVILLE TN, 37205

Best for Finding Financial Advisors: SmartAsset

SmartAsset can connect you with the right local financial planner to prepare you for the future. Answer a brief survey and SmartAsset’s algorithm will give you a few matches to choose from.

SmartAsset also features a slew of personal finance calculators on its website. Compare rates or quotes for different financial products or calculate your refinance or life insurance needs. You can also find free educational resources to help you understand taxes, take the mystery out of retirement planning or choose the right bank accounts.

Best for Active Investment Management: Lee, Danner and Bass, Inc.

Lee, Danner & Bass is an independent registered firm that delivers highly personal service. Its 4 professionals bring more than 215 years of experience to financial planning. You can expect a laser focus on your individual goals.

Lee, Danner & Bass offers active investment management — it’s the opposite of what you’ll get with a robo-advisor. Active management always includes a human element, and this firm relies on analytical research and professional judgment. 

$1,096,410,476

  • A percentage of assets under your management
Address

3100 WEST END AVENUE SUITE 1250NASHVILLE TN, 37203

Find a Financial Advisor in Nashville, Tennessee

When you look for a financial advisor in Nashville, be sure to check multiple firms before you make your decision. Compare services and call your top choices for an initial consultation. 

The best financial advisors take the time to build a personal relationship with you. It’s worth the extra time to find someone you trust to help you plan for the long term.

Frequently Asked Questions

Q

Can I talk to a financial advisor for free?

A

Your first consultation with a financial advisor is usually free of charge. Financial advice after the initial consultation typically costs a minimum 0.5% to 1% of your portfolio per year. The average is around 1.5%.

Q

Can financial advisors help me eliminate debt?

A

A financial advisor can definitely help you make a plan to ditch your debt. Financial advisors can analyze your debt, evaluate your income and assets and create a plan you can follow to pay off your debt.

Q

Do financial advisors check your credit?

A

Financial advisors don’t check your credit unless it is for a specific reason.

Methodology

To determine the top financial advisors in Nashville, we pored through all SEC-registered advisory firms who have an office in Nashville. We winnowed the list by only including advisors that are registered fiduciaries, have no past disclosures and have minimal personal conflicts of interest. To further break down the list to the true top advisors in the area, we gave weight to advisors that offer both investment management and planning, have no conflicts of interest, have offices in multiple states, have a wrap fee program and over $50 million in assets under management.

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