Financial advisors
Fee-only financial advisors in Alabama
88 fee-only investment advisers in Alabama serve individuals, across 25 cities. 60 offer hourly or flat-fee arrangements and 50 are registered with the SEC; the rest are registered with the state securities regulator. Each listing comes from the firm’s own Form ADV filing, as of November 6, 2026.
Cities with three or more fee-only advisers
- Birmingham 37
- Mobile 10
- Huntsville 6
- Fairhope 5
- Montgomery 4
- Tuscaloosa 3
Fee-only advisers in Alabama serving the most individuals
- Waverly Advisors, LLC Birmingham · 12,923 individual clients
- Aptus Capital Advisors, LLC Fairhope · 12,693 individual clients
- Eversource Wealth Advisors, LLC Birmingham · 3,255 individual clients
- Leavell Investment Management, Inc. Mobile · 2,850 individual clients
- The Welch Group, LLC Birmingham · 1,416 individual clients
- Southern Financial Group, LLC Birmingham · 1,140 individual clients
- Meld Financial, Inc. Birmingham · 1,114 individual clients
- Jackson Thornton Wealth Management, LLC Montgomery · 943 individual clients
- Mitchell, McLeod, Pugh & Williams, Inc. Mobile · 935 individual clients
- Williams Financial Group Mobile · 585 individual clients
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Other Alabama cities
Alexander City
- Blalock Williams, LLC $243M
Anniston
- McNaron Group, Inc. $21M
Auburn
- Bright Investments, LLC $152M
Cullman
- Halcyon Professional Advisors Not reported
Dothan
Enterprise
- BWB Advisory Group $17M
Gadsden
- Goggans Group Inc $16M
Guntersville
Homewood
- Aragon Capital, LLC $112M
- Timberchase Financial, LLC $280M
Hoover
- Strauss Financial Group $276M
Madison
- Meddent Solutions $28M
Mountain Brook
- Colarion $188M
Opelika
Orange Beach
Robertsdale
- Redesign Wealth Planning $894K
Vestavia
- BCR Wealth Strategies $528M
Vestavia Hills
Wedowee
How to choose between them
- Decide how you want to pay. Hourly and flat-fee planners suit people who want a plan and will implement it themselves. A percentage-of-assets fee buys ongoing investment management; on $1 million at 1% that is $10,000 a year, every year.
- Check the SEC record. Each listing links to the firm’s page on the SEC’s Investment Adviser Public Disclosure site, where you can read the Form ADV Part 2 brochure (fees, minimums, conflicts) and any disciplinary history.
- Ask who you will actually work with and what credentials they hold. The advisor versus consultant guide explains which titles are regulated and which are marketing.
- Ask about minimums. Form ADV Part 1 does not record account minimums, so they are not shown here. Many asset-based firms require $500,000 or more; hourly planners usually have none.
- Get the fee in writing before you sign, including fund expenses and any platform or custody charges on top.