Best Value · Detroit
Affordable Financial Advisors in Detroit, MI
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As of June 2026, RatingsNearMe ranks 19 financial advisors in Detroit, MI by the RNM Score — a 0–100 rating built from Google ratings, review volume, sentiment, and profile completeness. The top-ranked is Rapid Finance with a 5.0-star rating from 355 Google reviews and an RNM Score of 88/100. Also in the top tier: ASAP Credit Repair & Financial Education and Money Management International. The average rating across all listed financial advisors in Detroit is 4.8 stars from 39 reviews per business on average.
Financial advisors in Detroit typically charge 0.5–1.5% of assets under management annually, or $200–$500/hr fee-only.
Rankings updated June 10, 2026 · RNM Score = ratings (35%), review volume (30%), sentiment (20%), completeness (10%), availability (5%) · Not paid placement.
Detroit, Michigan is home to a variety of financial advisors who can help individuals and businesses with investment planning, retirement strategies, and other financial services. Consumers should research an advisor's credentials, fees, and areas of expertise when selecting a local financial advisor.
- ✓Diverse range of financial advisor services available in Detroit, MI
- ✓Important to research an advisor's qualifications and fee structure
- ✓Advisors can assist with investment planning, retirement strategies, and more
How to Choose a Financial Advisor in Detroit
What to look for
- • Certified Financial Planner (CFP) or Chartered Financial Analyst (CFA) certification
- • Experience working with clients in the Detroit area
- • Fiduciary duty to act in your best interest
- • Fee-only compensation structure (no commissions)
Questions to ask
- • What is your investment philosophy and approach?
- • How do you determine the appropriate asset allocation for my financial goals?
- • What is your process for monitoring and adjusting my portfolio over time?
Red flags
- ⚠ Overly complex or opaque investment strategies
- ⚠ Pressure to invest in proprietary products or high-commission investments
- ⚠ Lack of transparency around fees and costs
In Michigan, financial advisors must be registered with the state's Department of Licensing and Regulatory Affairs (LARA) and hold the appropriate securities licenses. Be sure to verify an advisor's credentials and licensing before engaging their services.
Local Market Snapshot
19
Businesses listed
4.8★
Avg rating
39
Avg reviews
Jun 10, 2026
Last updated
Top Rated Financial Advisors
Exceptional 5.0-star rating from over 350 satisfied client reviews in Detroit.
20 W Jefferson Ave 11th floor, Detroit, MI 48226, USATop-rated Detroit financial advisor with 4.9 stars from nearly 100 client reviews.
415 Clifford St, Detroit, MI 48226, USAExceptional 4.9-star rating from 52 reviews, reflecting consistent client satisfaction.
400 Renaissance Center Suite 2600, Detroit, MI 48243, USAFinancial Advisors Rankings in Detroit, MI
| # | Business | Rating | Reviews |
|---|---|---|---|
| #1 | Rapid Finance20 W Jefferson Ave 11th floor, Detroit, MI 48226, USA | 5.0★ | 355 |
| #2 | ASAP Credit Repair & Financial Education415 Clifford St, Detroit, MI 48226, USA | 4.9★ | 98 |
| #3 | Money Management International400 Renaissance Center Suite 2600, Detroit, MI 48243, USA | 4.9★ | 52 |
| #4 | Fiduciary Financial Advisors124 Fulton St E Suite 200, Grand Rapids, MI 49503, USA | 5.0★ | 31 |
| #5 | Spartan Wealth Management32600 Telegraph Rd, Bingham Farms, MI 48025, USA | 5.0★ | 3 |
| #6 | IG Wealth Management - THOMAS LUU, QAFP, LLQP, Hons. BComm., P.Eng., BASc.1 Riverside Dr W Suite 102, Windsor, ON N9A 5K3, Canada | 5.0★ | 31 |
| #7 | Michigan Financial Companies28411 Northwestern Hwy #1300, Southfield, MI 48034, USA | 4.0★ | 15 |
| #8 | Creative Planning2075 W Big Beaver Rd Suite 330, Troy, MI 48084, USA | 5.0★ | 21 |
| #9 | Advance Capital Management, Inc.One Towne Square Suite 444, Southfield, MI 48076, USA | 4.9★ | 36 |
| #10 | Detroit, MI Branch Office - UBS Financial Services Inc.1217 Woodward Ave #1201, Detroit, MI 48226, USA | 5.0★ | 6 |
Ranked by verified ratings & review volume · Data from Google Business listings · Updated June 2026
All Financial Advisors in Detroit
Consistently earns 5.0 stars from over 30 Google reviews in Detroit.
124 Fulton St E Suite 200, Grand Rapids, MI 49503, USA
Consistently earns a perfect 5.0-star rating from its early clients.
32600 Telegraph Rd, Bingham Farms, MI 48025, USA
Holds an exceptional 5.0-star rating across dozens of Google reviews.
1 Riverside Dr W Suite 102, Windsor, ON N9A 5K3, Canada
Trusted Detroit financial advisor with a solid 4.0-star rating from 15 reviews.
28411 Northwestern Hwy #1300, Southfield, MI 48034, USA
Exceptional 5.0-star rating from 21 Google reviews in Detroit.
2075 W Big Beaver Rd Suite 330, Troy, MI 48084, USA
Trusted by dozens of clients with a near-perfect 4.9-star rating.
One Towne Square Suite 444, Southfield, MI 48076, USA
Trusted Detroit financial advisor with a perfect 5.0 rating from 6 reviews.
1217 Woodward Ave #1201, Detroit, MI 48226, USA
Top-rated Detroit financial advisor with a flawless 5.0-star rating from clients.
1001 Woodward Ave Ste 500, Detroit, MI 48226, USA
Trusted Detroit financial advisor with a strong 4.6-star rating from 10 reviews.
1555 Broadway St, Detroit, MI 48226, USA
Trusted Detroit financial advisor with a perfect 5.0-star rating from 9 reviews.
32000 Northwestern Hwy #275, Farmington Hills, MI 48334, USA
Exceptional 5.0-star rating from three Google reviews.
101 W Big Beaver Rd Suit 1400, Troy, MI 48084, USA
Earned a perfect 5.0-star rating from 14 reviews on Google in Detroit.
2937 E Grand Blvd, Detroit, MI 48202, USA
Exceptional 5.0-star rating from 10 reviews in Detroit.
19 Clifford St, Detroit, MI 48226, USA
Trusted Detroit financial advisor with a solid 4.0-star rating from clients.
35055 W 12 Mile Rd Ste 101, Farmington Hills, MI 48331, USA
Detroit financial advisor with a perfect 5.0-star rating from a handful of Google reviews.
400 Renaissance Center #1010, Detroit, MI 48243, USA
Detroit financial advisor with no customer reviews yet; consider requesting a referral.
2200 Hunt St #501, Detroit, MI 48207, USA
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Financial Advisors in Detroit, MI — Compared
| # | Business | RNM Score | Rating | Reviews |
|---|---|---|---|---|
| 1 | Rapid Finance | 88/100 | 5.0 ★ | 355 |
| 2 | ASAP Credit Repair & Financial Education | 82/100 | 4.9 ★ | 98 |
| 3 | Money Management International | 78/100 | 4.9 ★ | 52 |
| 4 | Fiduciary Financial Advisors | 77/100 | 5.0 ★ | 31 |
| 5 | Spartan Wealth Management | 66/100 | 5.0 ★ | 3 |
| 6 | IG Wealth Management - THOMAS LUU, QAFP, LLQP, Hons. BComm., P.Eng., BASc. | 77/100 | 5.0 ★ | 31 |
| 7 | Michigan Financial Companies | 56/100 | 4.0 ★ | 15 |
| 8 | Creative Planning | 75/100 | 5.0 ★ | 21 |
| 9 | Advance Capital Management, Inc. | 76/100 | 4.9 ★ | 36 |
| 10 | Detroit, MI Branch Office - UBS Financial Services Inc. | 69/100 | 5.0 ★ | 6 |
Ranked by RatingsNearMe Score · ratings (35%), review volume (30%), sentiment (20%), completeness (10%), availability (5%) · June 2026
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Frequently Asked Questions — Financial Advisors in Detroit
What is a fiduciary financial advisor and why does it matter in Detroit?
A fiduciary is legally required to act in your interest at all times. Non-fiduciary advisors (like some broker-dealers) only need to recommend "suitable" products, which may earn them higher commissions. Before hiring any financial advisor in Detroit, ask directly: "Are you a fiduciary 100% of the time?" If they hesitate, keep looking.
How do I verify a financial advisor is registered and legitimate?
Use FINRA BrokerCheck (finra.org/brokercheck) to verify licenses and check for complaints or disciplinary actions. For Registered Investment Advisors, search SEC's IAPD at adviserinfo.sec.gov. CFP credentials can be verified at cfp.net/verify. These are free public tools — always check before handing over your finances.
How do financial advisors charge for their services in Detroit?
Three main structures: (1) Fee-only — flat fee, hourly ($200–$500/hr), or a percentage of assets under management (typically 0.5–1.5% annually) with no commissions; (2) Fee-based — advisory fee plus commissions on products they sell; (3) Commission-only — free to meet, they earn commissions on products. Fee-only is the most transparent and avoids conflicts of interest.
What credentials should I look for in a financial advisor?
CFP (Certified Financial Planner) is the gold standard for comprehensive financial planning. CFA (Chartered Financial Analyst) is strongest for investment management. CPWA, ChFC, and RICP are recognized specializations. Avoid "advisor" titles without credentials — the term is unregulated. Verify any credential directly with the issuing organization.
How are the financial advisors on this page ranked?
Rankings use a transparent algorithm: star rating (35%), review volume (30%), customer sentiment (20%), profile completeness (10%), and availability (5%). Featured Partner listings have paid for enhanced visibility but must still earn their position through real customer reviews — sponsored listings are clearly labeled.
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How Rankings Work on This Page
Every financial advisors on RatingsNearMe is scored transparently: star rating (35%), review volume (30%), customer sentiment (20%), profile completeness (10%), and availability (5%). Businesses labeled exclusive or premium are Featured Partners — they have paid for enhanced visibility but must still rank through real customer reviews. We cap sponsored boosts so bad businesses can never buy the top spot.
Editorial notice: Ratings are based on publicly available data from Google Business listings. Consumers should independently verify licensing, insurance, and credentials before hiring any service provider. Last updated: June 10, 2026.
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