Best Queens County, New York Financial Planners

Navigating the world of financial planning can be daunting, but finding the right financial planner can make all the difference. In Queens County, New York, there are numerous skilled professionals ready to assist you in achieving your financial goals. In this article, we’ll delve into the top financial planners in the area, highlighting their services, credentials, and client reviews to help you make an informed decision. We’ll also explore what to look for in a financial planner and the credentials that signify a trustworthy advisor.

Top Financial Planners in Queens County

Brian A. King, CFP

Located in Forest Hills, Brian A. King is a Certified Financial Planner (CFP) offering comprehensive financial planning services. Specializing in investment management, estate planning, and college planning, Brian King has garnered positive reviews for his personalized approach and deep understanding of clients’ needs. His office is conveniently situated at 110-45 Queens Blvd, Apt 406, Forest Hills, NY 11375, and can be reached at (212) 481-3603​​.

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Reviews and Highlights

Clients appreciate Brian’s meticulous attention to detail and his ability to simplify complex financial concepts. One client mentioned, “Brian has been instrumental in helping us plan for our children’s education and our retirement. His advice is always clear and actionable.”

Raj Prashad, CFP®, EA, ChFC, CLU

Raj Prashad, based in Ozone Park, is a seasoned financial planner with multiple credentials, including CFP®, EA, ChFC, and CLU. His firm, Eagle Tax Planning & Advisory Group, provides a wide range of services, from budget and debt management to comprehensive financial planning. Raj can be contacted at 10604 101st Ave, Ozone Park, NY, or via phone at (718) 441-7011​​.

Reviews and Highlights

Clients praise Raj for his thoroughness and dedication. A review states, “Raj has been our financial planner for years. His insights into tax planning and investment strategies have been invaluable.”

Forest Hills Financial Group

Forest Hills Financial Group is a prominent financial planning firm in Queens, known for its commitment to providing tailored financial advice. Located at 11835 Queens Blvd Ste 1230, Forest Hills, NY 11375, the group can be reached at (718) 268-9255. They offer services ranging from investment management to estate planning​​.

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Reviews and Highlights

The firm is highly recommended for its comprehensive approach and professional team. One client shared, “The advisors at Forest Hills Financial Group helped me restructure my investments and provided a solid retirement plan.”

Allstate Personal Financial Representative: Korsa Nzidee

Korsa Nzidee, an Allstate Personal Financial Representative, operates out of Forest Hills and offers personalized financial planning services. Located at 9619 69th Ave Unit 1, Forest Hills, NY 11375, Korsa can be reached at (718) 570-1450​​.

Reviews and Highlights

Clients value Korsa’s personable nature and expertise. “Korsa takes the time to understand our financial situation and provides solutions that fit our needs perfectly,” a client noted.

Charles Schwab Forest Hills Branch

Charles Schwab’s Forest Hills branch offers a full range of financial planning and investment services. Located at 7219 Austin St, Forest Hills, NY 11375, they can be contacted at (718) 268-4888​​.

Reviews and Highlights

Clients appreciate the accessibility and expertise of the advisors at Charles Schwab. “The team at Schwab helped me optimize my portfolio and set up a robust retirement plan,” mentioned one satisfied client.

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Merrill Lynch Wealth Management

Merrill Lynch Wealth Management is another top-tier firm in Queens, providing comprehensive financial services. Their office is located at 6965 Yellowstone Blvd, Forest Hills, NY 11375, and they can be reached at (718) 310-2244​​.

Reviews and Highlights

Known for their professionalism and in-depth market knowledge, Merrill Lynch advisors have received glowing reviews. “The advisors at Merrill Lynch are exceptional. They helped me navigate complex financial decisions with ease,” a client remarked.

What to Look for in a Financial Planner

Choosing a financial planner involves more than just finding someone with the right credentials. Here are some key factors to consider:

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Credentials and Experience

Ensure your financial planner holds relevant certifications such as CFP®, ChFC, or CLU. These designations indicate a high level of expertise and commitment to ethical standards. For example, Raj Prashad’s multiple credentials showcase his broad expertise and commitment to ongoing education​​.

Personalized Service

Look for planners who offer personalized advice tailored to your unique financial situation. Brian A. King is known for his individualized approach, which has garnered him high praise from clients​​.

Transparent Fees

Understand the fee structure of your financial planner. Whether they charge commission, a flat fee, or a combination of both, transparency is crucial. Raj Prashad operates on a fee-only basis, which can often align better with clients’ interests​​.

Client Reviews and Testimonials

Client feedback can provide valuable insights into a planner’s effectiveness and client satisfaction. Positive reviews for professionals like Korsa Nzidee and the team at Forest Hills Financial Group highlight their client-focused approach and expertise​​.

Credentials to Look For

When selecting a financial planner, it’s essential to verify their credentials. Here are some common and reputable certifications:

Certified Financial Planner (CFP®)

CFP® professionals are required to complete extensive coursework, pass a rigorous exam, and adhere to strict ethical standards. They are well-versed in various aspects of financial planning, including investments, estate planning, and retirement.

Chartered Financial Consultant (ChFC®)

The ChFC® designation signifies advanced knowledge in financial planning, with a focus on practical application. Professionals like Raj Prashad, who hold the ChFC® credential, have completed specialized courses in financial planning​​.

Chartered Life Underwriter (CLU)

CLU professionals specialize in life insurance and estate planning. This designation is ideal for those seeking in-depth advice on insurance-related matters.

Enrolled Agent (EA)

EAs are tax experts authorized by the U.S. Department of the Treasury. They can represent taxpayers before the IRS and provide comprehensive tax planning advice.

Fee-Only vs. Commission-Based

Understanding the compensation structure of your financial planner is crucial. Fee-only planners, like Raj Prashad, charge a flat fee or hourly rate for their services, which can eliminate potential conflicts of interest. Commission-based planners earn a percentage of the products they sell, which can sometimes lead to biased advice.

Table: Key Financial Planners in Queens County

Here is a summary of the top financial planners in Queens County, including their specialties and contact information:

Conclusion

Choosing the right financial planner in Queens County, New York, can significantly impact your financial future. Whether you’re planning for retirement, managing investments, or seeking tax advice, the professionals highlighted in this article offer a range of services to meet your needs. Remember to consider their credentials, fee structures, and client reviews to find a planner who aligns with your financial goals. With the right advisor, you can navigate the complexities of financial planning with confidence and peace of mind.