Top 10 Fiduciary Financial Advisors near me in Los Angeles

Financial Advisors near me in Los Angeles

Choosing the right financial advisor is a pivotal decision. In a city like Los Angeles, where wealth comes in many forms, finding a firm that is legally and ethically bound to put your interests first—a fiduciary—is paramount. This article explores ten leading fiduciary advisory firms in Los Angeles, highlighting their unique approaches to help you find a partner that aligns with your financial vision[reference:0].

Understanding Your Advisor’s Duty: Fiduciary vs. Suitability

The financial industry operates under two primary standards. A fiduciary duty is the highest legal standard of care, requiring advisors to act solely in the client’s best interest. In contrast, a “suitability” standard only requires that a recommendation be suitable for the client at the time of the transaction, which can permit conflicts of interest. All firms listed here operate as fiduciaries.

Fee Structures: Aligning Interests: Financial Advisors near me in Los Angeles

Within fiduciary firms, compensation models vary and impact how advice is delivered: Financial Advisors near me in Los Angeles

Fee-Only: Advisors are compensated solely by fees paid directly by the client (e.g., a percentage of assets under management, hourly, or retainer). This model minimizes conflicts of interest, as the advisor does not earn commissions from product sales.
Fee-Based: Advisors earn fees from clients but may also receive commissions from selling certain financial products. While still fiduciaries, this structure introduces potential conflicts that must be carefully managed.

Profiles of Los Angeles’ Premier Fiduciary Advisors

1. Evoke Advisors

Fiduciary Status & Fee Structure: Fee-Only.
Overview: A division of MAI Capital, Evoke was founded to act as a “true fiduciary partner,” providing objective, personalized advice[reference:1]. The firm is designed to offer institutional-quality investment solutions and comprehensive family office services to ultra-high-net-worth families, founders, and entrepreneurs[reference:2]. Financial Advisors near me in Los Angeles
Specializations & Philosophy: Evoke emphasizes a highly customized approach, integrating investment management, financial planning, tax strategy, and estate planning. Their investment philosophy focuses on diversification across public and alternative assets to manage risk and seek consistent returns[reference:3].

2. Aspiriant, LLC

Fiduciary Status & Fee Structure: Fee-Only.
Overview: This independent, employee-owned firm was formed in 2008 and is built on a foundation of sustainability and alignment with client interests[reference:4][reference:5]. Aspiriant explicitly states that being a fiduciary is “fundamental” to its practice[reference:6].
Specializations & Philosophy: With deep roots in accounting, Aspiriant offers extensive multi-family office capabilities and a tax-conscious strategy[reference:7]. Its Los Angeles office is home to an Exclusive Family Office practice serving ultra-high-net-worth families with a multidisciplinary team[reference:8]. Financial Advisors near me in Los Angeles

3. Signature Estate & Investment Advisors (SEIA)

Fiduciary Status & Fee Structure: Fee-Based.
Overview: Founded in 1997 and headquartered in Century City, SEIA is a Registered Investment Advisory firm overseeing billions in client assets[reference:9]. While its fee-based model means some advisors may earn commissions, the firm upholds a fiduciary duty to act in clients’ best interests[reference:10].
Specializations & Philosophy: SEIA provides holistic wealth management, combining investment management with comprehensive financial planning, trust and estate planning, and business advisory services[reference:11]. Its investment philosophy is research-driven, utilizing a dedicated department to screen the investment universe[reference:12]. Financial Advisors near me in Los Angeles

4. Churchill Management Group

Fiduciary Status & Fee Structure: Fee-Based.
Overview: Founded in 1963, Churchill is a longstanding wealth management firm with a national presence and headquarters in Los Angeles[reference:13]. It functions as a fee-based firm serving thousands of high-net-worth and non-high-net-worth clients[reference:14].
Specializations & Philosophy: The firm employs a multi-strategy, tactical investment approach aimed at growing wealth in favorable markets while protecting capital[reference:15]. Services include investment management, financial planning, and 401(k) planning, with a general account minimum of $750,000[reference:16][reference:17].Financial Advisors near me in Los Angeles

5. Lido Advisors

Fiduciary Status & Fee Structure: Fee-Based.
Overview: A nationally recognized RIA headquartered in Los Angeles, Lido Advisors manages over $30 billion in regulatory assets[reference:18]. The firm clearly discloses its fiduciary role in client relationships[reference:19].
Specializations & Philosophy: Lido is known for its “family office style” of wealth management, making sophisticated, holistic services accessible to high-net-worth individuals and families[reference:20][reference:21]. Its “Lido One” service integrates investment management, tax consulting, estate planning, and trust services through a coordinated team of professionals[reference:22]. Financial Advisors near me in Los Angeles

6. Westmount Asset Management

Fiduciary Status & Fee Structure: Information not specified.
Overview: This firm caters primarily to ultra-high-net-worth individuals and families, with reported account minimums starting at $5 million. Westmount focuses on providing highly personalized wealth management and investment solutions for clients with substantial assets.Financial Advisors near me in Los Angeles

7. Oakmont Corporation

Fiduciary Status & Fee Structure: Information not specified.
Overview: Oakmont Corporation emphasizes financial planning and portfolio management, often with a focus on client education and long-term strategy. The firm is known for working with clients who may not meet the ultra-high-net-worth thresholds of other firms.Financial Advisors near me in Los Angeles

8. Beacon Pointe Advisors

Fiduciary Status & Fee Structure: Information not specified.
Overview: A woman-founded firm, Beacon Pointe offers holistic financial planning and investment management. It notably runs a Women’s Advisory Institute, focusing on serving female investors and addressing their unique financial planning needs.Financial Advisors near me in Los Angeles

9. EP Wealth Advisors

Fiduciary Status & Fee Structure: Information not specified.
Overview: EP Wealth Advisors provides goals-based financial planning and investment management for mass-affluent and high-net-worth clients. The firm emphasizes a comprehensive planning process that integrates all aspects of a client’s financial life.

10. Main Street Advisors

Fiduciary Status & Fee Structure: Information not specified.
Overview: Specializing in serving entertainers, professional athletes, and entrepreneurs, Main Street Advisors understands the unique cash flow, tax, and legacy challenges faced by individuals in these dynamic fields.

Choosing the Right Firm for Your Journey

Selecting an advisor goes beyond verifying their fiduciary status. Consider these factors:

Investment Philosophy: Does the firm’s approach to markets and risk align with your comfort level and goals?
Service Model: Do you need pure investment management, or a full suite of planning services (tax, estate, business advisory)?
Client Specialty: Some firms have deep expertise with specific client types, such as business owners, women in transition, or entertainment professionals.
Account Minimums: These vary widely and can be a primary filter in your search.

Final Thoughts

The Los Angeles financial advisory landscape is rich with fiduciary firms committed to client success. By understanding the nuances of fee structures and firm specializations, you can move beyond a simple search for a “financial advisor” and find a true fiduciary partner dedicated to navigating your unique path to financial well-being.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Fees, minimums, and services are subject to change. We encourage you to conduct your own due diligence, review each firm’s Form ADV, and speak directly with advisors before making any decisions.