Loading…
Florida is a premier destination for retirees and entrepreneurs, drawn by its warm climate and lack of state income tax. Financial planning here often centers on retirement income sustainability, estate planning, and asset protection. The state's homestead exemption provides significant benefits for primary residence owners.
Florida has no state income tax on wages or investment income. It offers strong asset protection laws, including unlimited homestead protection against creditors. There is no state estate or inheritance tax.
✨ Powered by AI - describe your needs in plain language
Avg Advisor Fee
0.96%
Cost of Living
Medium
Median Income
$61,000
Searching advisors...
1 advisor
1 advisor
1 advisor
1 advisor
1 advisor
1 advisor
1 advisor
1 advisor
Look for an advisor familiar with Florida's specific tax laws, estate planning regulations, and economic climate. Credentials like CFP® or CPA are strong indicators of professionalism.
Yes, advisors in Florida are regulated by either the SEC or the Florida state securities authority, depending on their assets under management. You can verify their record via FINRA's BrokerCheck or the SEC's IAPD.
Absolutely. Advisors in Florida specialize in helping residents plan for retirement, considering local costs of living, tax-friendly retirement communities, and social security strategies.
Look for an advisor who is a fiduciary, meaning they are legally required to act in your best interest. Consider their fee structure (fee-only is often preferred), credentials (like CFP®), and experience with clients in your specific financial situation.
These terms are often used interchangeably, but 'Financial Planner' often implies a focus on comprehensive long-term planning (retirement, estate, tax), whereas 'Financial Advisor' may focus more on investment management. Look for the CFP® designation for rigorous planning expertise.
Costs vary. Fee-only advisors typically charge a percentage of assets under management (often ~1%), an hourly rate ($200-$400/hr), or a flat annual fee. Always ask for a clear explanation of all fees in writing.
Finding the right financial advisor is crucial for achieving your financial goals. Our platform features 2 verified advisors in this area, each with unique specializations, fee structures, and areas of expertise. Whether you're planning for retirement, managing wealth, or seeking tax planning services, you can compare qualified professionals and find the perfect match for your financial needs.