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Providers
Last updated:
License Verified:
License: 171340
Investment Adviser Public Disclosure Database, SEC
- Private Wealth Advisor
Why choose this provider?
Gem Young is a family-owned and family-operated insurance and financial planning agency serving clients in Youngstown and nearby areas. It helps individuals, families, and businesses achieve their financial objectives through risk analysis, insurance products, retirement planning, and investment management. As an independently owned agency, it represents a variety of insurance carriers, including Grange, Auto-Owners, Safeco, and Liberty Mutual. Gem Young has been active in the financial services industry since 1947. It is also licensed to operate in Arizona, Florida, and Pennsylvania.
License Verified:
License: 171340
Investment Adviser Public Disclosure Database, SEC
Professionalism:
We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
- Responsiveness
- Friendliness
- Helpfulness
- Detail
License Verified:
License: 1022125
Investment Adviser Public Disclosure Database, SEC
- Certified Financial Planner (CFP)
- Retirement Planning
Why choose this provider?
Baxter Associates caters to clients in Youngstown and the surrounding areas. The full-service firm helps them reach their financial goals, offering a variety of products and services. Its team walks clients through a step-by-step process while developing customized financial programs for them. Some of its services are tax and investment management, insurance and annuities, retirement strategies, and estate conservation. Alan Baxter established the firm in 1984. He is a Certified Financial Planner, a Certified Public Accountant, and an Investment Advisory Representative.
License Verified:
License: 1022125
Investment Adviser Public Disclosure Database, SEC
Reputation:
We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.3
- 4.3 / 5 (6)
Professionalism:
We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
- Responsiveness
- Friendliness
- Helpfulness
- Detail
- Estate Planning
- Tax Preparation
- Tax Planning
Why choose this provider?
Schroedel, Scullin & Bestic, LLC, is a locally owned and operated firm that has been serving Youngstown and its surrounding areas for more than 40 years. It helps clients deal with their financial needs and concerns by offering them a wide array of services that aids them with matters relating to business, estate, multistate, and individual tax, as well as sales and payrolls. In addition, it provides consulting services on affairs that involve wealth management, small businesses, and retirement.
Reputation:
We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
- 5.0 / 5 (1)
Professionalism:
We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
- Responsiveness
- Friendliness
- Helpfulness
- Detail
- ––
- Certified Financial Planner (CFP)
Why choose this provider?
WRS Wealth Advisors is a firm that serves the Youngstown area. It offers comprehensive and limited scope planning services to help people address specific financial concerns, including college funding and retirement. It also assists clients in accumulating and managing assets by utilizing bonds, ETFs, mutual funds, stocks, and alternative investments. In addition, it offers traditional insurance products to mitigate clients' exposure to financial risks. The firm’s team of advisors shares over 70 years of combined industry experience.
- Certified Financial Planner (CFP)
Why choose this provider?
The Wealth Advisory Group of DiLauro Wracher & Thomas assists clients in different areas of planning involving nonprofits, retirement, families, small businesses, and structured settlements. It serves customers in Youngstown and its surrounding communities. The individualized process includes determining personal and financial goals, presenting strategies, and coordinating with the client's CPA and attorney to tailor the plan. Its team continuously monitors the account and produces progress reports. The firm supports organizations like the American Cancer Society and Revere Schools Foundation.
Reputation:
We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
- Yelp
- 5.0 / 5 (1)
Professionalism:
We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.3
- Responsiveness
- Friendliness
- Helpfulness
- Detail
- ––
- Estate Planning
- Certified Financial Planner (CFP)
- Retirement Planning
Why choose this provider?
Total Financial Management serves Youngstown residents who need wealth management advice. The firm counsels clients on the management of their investment portfolios and takes into consideration their assets, liabilities, life goals, and tax situations. The team formulates plans to reduce internal revenue contributions due and keeps customers informed about contemporary developments in IRS regulations and practices. Total Financial Management is staffed by CPAs and CFPs. It employs Accredited Investment Fiduciary Analysts for specialized scenarios.
Professionalism:
We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
- Responsiveness
- Friendliness
- Helpfulness
- Detail
- Certified Financial Planner (CFP)
Why choose this provider?
Jericho Financial is a team of advisors that serves Youngstown and the surrounding locations. They develop wealth-building strategies and advise clients regarding lending agreements for major purchases, liquidity plans, and philanthropic strategies. They also conduct behavioral spending and market investment assessments and craft financial plans that consider clients' long-term goals, whether retirement income or education funds. Jericho Financial has been in service since 2017. It has offices in Boardman and Westerville.
Professionalism:
We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
- Responsiveness
- Friendliness
- Helpfulness
- Detail
- Certified Financial Planner (CFP)
Why choose this provider?
Pointer Creek Wealth Management is a firm that serves the Youngstown community and its surrounding areas. It helps clients deal with their financial needs and concerns by providing them with different services that include entity risk management analysis and company benefit benchmarking. It also offers estate, sudden wealth, retirement income, business succession, and career transition planning. One of its advisors, Bryan M. Renner, is a Certified Financial Planner that has been in the industry for over 20 years.
Reputation:
We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
- 5.0 / 5 (1)
Professionalism:
We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
- Responsiveness
- Friendliness
- Helpfulness
- Detail
- Certified Financial Planner (CFP)
Why choose this provider?
HBKS Wealth Advisors offers comprehensive financial consulting solutions to individuals and businesses in and around Youngstown. Its financial advisors help clients manage, grow, and protect their wealth, as well as plan and prepare for their short-term or long-term financial goals. Services include investment management, insurance review and analysis, asset and income protection, estate and trust administration, and tax guidance. Likewise, it assists clients in planning for retirement, business succession, and wealth transfer. The firm was established in 2001.
Reputation:
We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.0
Professionalism:
We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
- Responsiveness
- Friendliness
- Helpfulness
- Detail
- Certified Financial Planner (CFP)
- Retirement Planning
Why choose this provider?
Square Focus Wealth Strategies delivers financial advisory solutions to clients in Youngstown. The firm works with families and individuals who seek to maintain monetary stability in the event of sudden disability, shifts in fortunes, and retirement. It gives advice on the pros and cons of various products, such as life insurance, annuities, and mutual funds. Advisor Christopher N. DePaola is a retirement income certified professional who spends his time off advocating animal welfare.
Reputation:
We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Professionalism:
We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
- Responsiveness
- Friendliness
- Helpfulness
- Detail
- Certified Financial Planner (CFP)
Why choose this provider?
Mersol Financial Solutions, LLC, has been serving clients in the Youngstown metro and neighboring areas for more than 25 years. It provides financial planning and investment management services. Its team formulates charitable, estate, disability and long-term care, and retirement income plans. Founder and CEO Joseph M. Mersol, a retired Major, is a lifetime member of the Million Dollar Round Table. He also holds various designations, including CLU, ChFC, CAP, RICP, CASL, and ChSNC.
Reputation:
We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Professionalism:
We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
- Responsiveness
- Friendliness
- Helpfulness
- Detail
- Certified Financial Planner (CFP)
- Retirement Planning
Why choose this provider?
Beard Pension Services, Inc., has been catering to the financial planning needs of families and businesses since 1984. Serving areas like Youngstown, the firm provides solutions like retirement income strategies, asset protection plans, income tax minimization, and debt management. Its advisors help clients in fulfilling goals like growing a business, building a career, sending children to college, and preparing for retirement. Team member James Rafoth is an attorney, CPA, and CFP who joined the company in 1991.
Professionalism:
We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.8
- Responsiveness
- Friendliness
- Helpfulness
- Detail
- ––
License Verified:
License: 2501854
Investment Adviser Public Disclosure Database, SEC
- Certified Financial Planner (CFP)
Why choose this provider?
Bury Financial Group serves individuals, families, and small businesses in the Youngstown area. Its team helps clients achieve their financial objectives by implementing strategies around rollover IRAs, stocks, bonds, variable annuities, and 529 plans. It also guides clients in matters like estate preservation, pension maximization, and life and disability insurance. The company assists business owners with their age-weighted profit sharing, business continuation, and SEP plan needs. Bury Financial Group has been serving the community since 1992.
License Verified:
License: 2501854
Investment Adviser Public Disclosure Database, SEC
Reputation:
We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.3
- 4.3 / 5 (6)
Professionalism:
We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
- Responsiveness
- Friendliness
- Helpfulness
- Detail
- Certified Financial Planner (CFP)
Why choose this provider?
Ellsworth Advisors is a firm that serves the Youngstown area and its surrounding metros. It addresses clients' financial needs and concerns by providing them with a wide array of services, such as corporate retirement planning and wealth management. In addition, it offers assistance in matters that relate to business valuations, plan development and maintenance, and private real estate investing. Its senior vice president, Dave Jakubowski, has been in the industry for more than 25 years.
Reputation:
We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
- 5.0 / 5 (1)
License Verified:
License: 4299647
Investment Adviser Public Disclosure Database, SEC
- Certified Financial Planner (CFP)
Why choose this provider?
The J. Arnold Wealth Management Company serves clients in Youngstown and nearby areas. In order to generate financial strategies for its clients, the firm collaborates with behavioral investment strategists and technical analysts. It also provides wealth management services to address its clients' complex financial challenges. In the past 20 years, the firm has served more than 2,600 clients. Jon P. Arnold, the firm’s co-founder, has over 21 years of experience. He also received the AIG Platinum Advisor Award in 2011 and 2017.
License Verified:
License: 4299647
Investment Adviser Public Disclosure Database, SEC
Reputation:
We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
- 4.8 / 5 (13)
Professionalism:
We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
- Responsiveness
- Friendliness
- Helpfulness
- Detail
Frequently Asked Questions
Introduction
There are many titles for financial professionals, so it's challenging to track what each one means. A financial advisor is probably the term you've heard most often. Financial advisor is a broad term for a professional who helps individuals or companies manage their finances, including investment choices. There are over 100 certificationsthat financial advisors can obtain.
- Financial planners, wealth managers, and investment advisors are all financial advisors with different focus areas.
- A financial planner helps an individual or a company make a plan to achieve long-term financial goals.
- A wealth manager helps individuals maintain their wealth through various disciplines and services, such as taxes, estate planning, and investment advice.
- An investment advisor offers investment advice and recommendations to individuals or organizations.
There’s a misconception that you have to be extremely wealthy to use a financial advisor. In reality, they can be beneficial for people from any income level. Keep reading to find answers to the most commonly asked questions about financial advisors, so you know which type can fit your specific needs.
How can individuals in Youngstown boost their savings?
There are various ways to boost one's savings. Working with financial advisors in Youngstown, who are knowledgeable about the local economy and skilled in managing risks, can help one better manage their savings. Another way is to allocate part of your income to tax-deferred accounts, such as an individual retirement account or a 401(k). Similarly, one can consider consolidating their financial accounts to incur lesser administration fees. You can check additional savings opportunities as well, like employee stock purchases or corporate profit-sharing plans.
Why do some wealth transfers in Youngstown fail?
A common cause of unsuccessful wealth transfers in Youngstown is family miscommunication. Without clear dialogue, family members often become entangled in fights over asset distribution. Another reason is that families focus too much on financial wealth that members are not transparent with each other, resulting in an erosion of trust. Additionally, there are family members who become too focused on tangible assets that they forget to be grateful for their blessings.
What financial scams should individuals in Youngstown be wary of?
Those living in Youngstown and other parts of Ohio, especially the elderly, are vulnerable to financial scams in which a fraudster convinces them that a child or grandchild is in immediate need of money. Before, this money was usually transferred in cash or online. However, in 2023, two state agencies issued a bulletin warning the public that swindlers are now asking the payments to be in cryptocurrency form.
Where can Youngstown residents report suspected financial scams?
Residents of Youngstown who think they fell victim to a scam should call their financial advisors to check if their accounts have been compromised. They can also help their clients report the incident to the Fraud/Overpayment Recovery Unity of Mahoning County by calling the department at 330 884-6932. If the fraud involves a government office or a public employee, the incident can be reported to the Ohio Auditor of the State by calling the office at 866-FRAUD-OH (866-37283-64) or sending them a letter with the address at 88 E. Broad St. PO #1140 Columbus, OH 43215. The complaint can also be filed online (https://ohioauditor.gov/fraud/reportit/Complaint.aspx), via the Ohio Stops Fraud mobile app, or via an e-mail to fraudohio@ohioauditor.gov.
What is final expense insurance in Youngstown?
Final expense insurance is a type of whole-life policy designated to cover end-of-life costs, such as final medical bills, memorial service, or cremation and/or burial. In Youngstown, it can be referred to as burial/cremation or funeral insurance. Although it is specifically for one's "final" expenses, beneficiaries can still use the money for other purposes. Financial advisors may suggest getting this type of policy if the client has family members who are financially dependent on the policyholder.
Are financial advisors worth it?
Whether or not a financial advisor is worth it depends on your personal situation. If your finances are fairly straightforward, then you may be better off handling it on your own. But if you have substantial assets or a complex investment portfolio, then hiring someone to handle it for you can be well worth the cost.
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