SmartAsset Logo

With over 110 million Americans over age 50, it’s no wonder this Princeton alum’s $1 billion startup is helping people plan for a comfortable retirement.

Helping people make smart financial decisions
Couple looking at tablet
IN THE PRESS:
The Wall Street Journal Logo Forbes Logo The New York Times Logo Wealth Management.com Logo ThinkAdvisor Logo

Are you aware that you could boost your retirement outlook by using this new startup's no-cost service?

SmartAsset’s free, five-minute tool makes it easy to find qualified financial advisors who serve your area. Our exclusive tool matches you with up to three fiduciary financial advisors who have passed a rigorous vetting process.

Unlike broker-dealers, stockbrokers and insurance agents, fiduciary advisors are legally bound to work in your best financial interest. Fiduciary financial advisors must avoid conflicts of interest and disclose any potential conflicts of interest to clients.

Advisors are rigorously screened through our proprietary due diligence process.

Smart Financial Tools

Why Meet With a Financial Advisor?

We feel that it’s more important now than ever to review your retirement plan with a fiduciary financial advisor. Here’s why: Economic growth won't approach "normal" until as late as 2025, according to Bank of America’s Chief Investment Office. This could mean your current financial plan might leave you without enough money to last your retirement.

Additionally, emotionally-charged decisions to sell off large quantities of stocks or other investments now lock in your losses, removing any chance for future growth. Research suggests people who work with a financial advisor feel more at ease about their finances and could end up with about 15% more money to spend in retirement.1

Consider this example: A recent Vanguard study found that, on average, a hypothetical $500K investment would grow to over $3.4 million under the care of an advisor over 25 years, whereas the expected value from self-management would be $1.69 million, or 50% less. In other words, an advisor-managed portfolio would average 8% annualized growth over a 25-year period, compared to 5% from a self-managed portfolio.2

Chart
Assuming 5% annualized growth of $500k portfolio vs 8% annualized growth of advisor managed portfolio over 25 years.
The hypothetical study discussed above assumes a 5% net return and a 3% net annual value add for professional financial advice to performance based on the Vanguard Whitepaper “Putting a Value on your Value, Quantifying Vanguard Advisor’s Alpha”. Please carefully review the methodologies employed in the Vanguard Whitepaper. To receive a copy of the whitepaper, please contact compliance@smartasset.com. The value of professional investment advice is only an illustrative estimate and varies with each unique client’s individual circumstances and portfolio composition. Carefully consider your investment objectives, risk factors, and perform your own due diligence before choosing an investment adviser.

A 2020 Northwestern Mutual study found that 71% of U.S. adults admit their financial planning needs improvement. However, only 29% of Americans work with a financial advisor.3

Before this groundbreaking, easy-to-use tool, there was no simple way to quickly compare financial advisors. Hundreds of thousands of smart investors and retirees have already used SmartAsset’s simple, no-cost service to compare their financial advisor matches.

Empowering people to make smart financial decisions.

Logotype
features
features

Empowering people to make smart financial decisions.

Logotype

SmartAsset works with a robust network of financial advisors all across the U.S., including individual advisors and large investment firms to cater to anyone's financial situation. CEO Michael Carvin says he expects the number of advisors to grow into the tens of thousands soon.

How to Compare Financial Advisors at No Cost to You

Chances are, there are several highly qualified financial advisors in your town. However, it can seem daunting to choose one. Our no-cost tool makes it easy to find a qualified advisor so you can make an informed decision and choose the right one for you. Now you can get matched with up to three fiduciary investment advisors who serve your area that are vetted and subject to our due diligence criteria. The entire matching process takes just a few minutes.

Click Your State to Get Matched With Financial Advisors Who Serve Your Area
After you choose your state and answer a few questions, you can compare up to three advisors that serve your area and decide which to work with.
Take Retirement Quiz

SmartAsset Awards & Accolades

Best Wealth
Management Solution
FINOVATE AWARDS
2020 FINALIST
Best Financial Planning
Technology Company - NY
WEALTH & FINANCE INTERNATIONAL
FINTECH AWARDS - 2021
Innovation Award
for Personal Finance
FINTECH BREAKTHROUGH
2019