Question 1

How do financial advisors in Indiana get paid?

Accepted Answer

Financial advisors in Indiana can be paid in various ways. Some advisors can charge fees based on a percentage of assets under management or a flat fee for their services. Alternatively, Some advisors use a combination of commissions and fees or earn solely earn commissions by selling financial products. It's important to understand the compensation structure of your financial advisor to ensure transparency and manage potential conflicts of interest. To learn more about financial advisor fees and the factors affecting them, explore  the costs of hiring a financial advisor.

Question 2

What services can I expect from a financial advisor in Indiana?

Accepted Answer

Financial advisors in Indiana can offer a wide range of financial services including retirement planning, investment management, wealth management, estate planning, and more. By understanding your individual goals and financial situation, they can assist you in crafting a personalized financial plan and provide ongoing support as your needs evolve. By clicking on the "View full profile" button of any vetted financial advisor listed on our Indiana directory, you can access detailed information about their services, fees, credentials, and more.

Question 3

How often should I meet with my financial advisor in Indiana?

Accepted Answer

How often you should meet with your financial advisor in Indiana may depend on your specific financial situation and goals. For complex finances, you may need to meet with your financial advisor weekly or monthly, while for those with regular income and simpler investments, quarterly or annual meetings may be enough. Your advisor can assist in determining the suitable meeting frequency based on your circumstances. Read on to learn more about 
                                                                                how often you should meet with your advisor.

Question 4

Are there any regulations that financial advisors in Indiana must follow?

Accepted Answer

Yes, financial advisors in Indiana are typically required to have qualifications that comply with state and federal regulations, such as holding licenses as investment advisor representatives (IARs) and often having credentials such as Certified Financial Planners (CFP), Chartered Financial Analysts (CFA), Chartered Financial Consultants (ChFC), and more. They may also be required to register with the Indiana Securities Division or the Securities and Exchange Commission (SEC), depending on their services and the amount of assets they manage. Advisors must also adhere to a fiduciary standard, which means they must act in the best interests of their clients.

Question 5

How do I choose a trustworthy financial planner in Indiana?

Accepted Answer

To choose a trustworthy financial advisor in Indiana, we recommend using the  free financial advisor match tool  to connect with pre-screened and vetted advisors who meet your specific needs. Additionally, seek recommendations from trusted individuals, conduct thorough research using respected regulatory bodies like FINRA and the SEC to ensure adherence to industry standards and ethics, and carefully evaluate each advisor's experience, credentials, and background before making a decision. For further information, you can refer to our guide on  how to use BrokerCheck to evaluate a financial advisors credentials.

Question 6

How often should I review my financial plan with my planner in Indiana?

Accepted Answer

How often you should review your financial plan with your advisor in Indiana may depend on your specific situation and financial goals. For complex finances, you may need to meet with your financial advisor weekly or monthly, while for those with regular income and simpler investments, quarterly or annual meetings may be enough. Your advisor can assess your circumstances and help determine the appropriate frequency for reviewing your financial plan. Read on to learn more about  how often you should meet with your advisor.


40/86 ADVISORS, INC.Carmel, IN	78	15	$26,678,534,447	A percentage of AUM, Performance Based
ONEAMERICA ASSET MANAGEMENT, LLCIndianapolis, IN	37	10	$25,872,395,406	A percentage of AUM, Fixed fees, Other (THIRD PARTY INVESTMENT ADVISER SERVICES/PRIVATE PLACEMENTS CO-PA)
SANCTUARY ADVISORS, LLCIndianapolis, IN	643	49099	$22,024,300,000	A percentage of AUM, Hourly charges, Fixed fees
OXFORD FINANCIAL GROUP, LTDCarmel, IN	150	6270	$18,201,054,484	A percentage of AUM, Fixed fees
SAPIENT CAPITAL LLCIndianapolis, IN	56	5947	$11,439,805,300	A percentage of AUM, Fixed fees, Performance Based
VALEO FINANCIAL ADVISORS, LLCCarmel, IN	155	18918	$8,944,535,606	A percentage of AUM, Fixed fees, Other (PERCENTAGE OF CLIENT NET WORTH)
SHEPHERD FINANCIAL INVESTMENT ADVISORY LLCCarmel, IN	42	2231	$4,946,760,100	A percentage of AUM, Fixed fees
MJ RETIREMENTCarmel, IN	11	314	$4,412,477,143	A percentage of AUM, Fixed fees
SYM FINANCIAL ADVISORSWinona Lake, IN	75	5346	$4,055,387,303	A percentage of AUM, Fixed fees
THURSTON SPRINGER ADVISORSIndianapolis, IN	68	4342	$3,957,978,217	A percentage of AUM, Hourly charges, Fixed fees, Commission Based
WINTHROP CAPITAL MANAGEMENTCarmel, IN	27	790	$3,796,591,805	A percentage of AUM, Hourly charges, Fixed fees
CX INSTITUTIONAL, LLCAuburn, IN	92	10518	$3,337,998,958	A percentage of AUM, Fixed fees
GOELZER INVESTMENT MANAGEMENTCarmel, IN	36	1690	$3,159,426,779	A percentage of AUM, Fixed fees
GLOBAL ATLANTIC INVESTMENT ADVISORS, LLCIndianapolis, IN	15	16	$2,897,334,642	A percentage of AUM
DONALDSON CAPITAL MANAGEMENT LLCEvansville, IN	61	1716	$2,677,442,196	A percentage of AUM, Hourly charges, Other (A PERCENTAGE OF FEES UNDER MANAGEMENT)

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