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Financial Advisors · Dearborn, MI/Updated June 13, 2026

The 8 Best Financial Advisors in Dearborn, MI

Navigating your financial future is critical. Find the right advisor for your needs with our carefully ranked list of Dearborn's best.

Editorially independent9 companies evaluated
cover story
★ Editor's ChoiceElder Financial Consultants
96Score
Latest update · June 13, 2026: Initial ranking published. 9 Dearborn-metro financial advisors businesses evaluated, top 8 ranked by Vetted Score.

Choosing a financial advisor can be daunting, especially in a market like Dearborn where trust is still forming. With only nine providers evaluated, it's essential to find someone who knows the local landscape and can guide you effectively.

Our ranking highlights the best options available, focusing on their ratings, reviews, and overall trustworthiness. Elder Financial Consultants leads the pack with a stellar 5-star rating from 91 reviews, showcasing their proven track record in the community.

9financial advisors evaluated in Dearborn
4.42average rating across the field
117customer reviews analyzed

Cityvetted analysis of public Google review data, updated June 13, 2026.

How much does financial advisors cost in Dearborn? See the price breakdown →

Our top picks

At a glance · three categories
★ Editor's Choice
96Score

Elder Financial Consultants

★★★★★5.0(91 reviews)

With a perfect rating of 5 stars from 91 reviews, Elder Financial Consultants receives high praise for personalized service and comprehensive financial planning.

Read full review
Best Value
94Score

Edelman Financial Engines

★★★★★5.0(7 reviews)

Edelman Financial Engines has earned a 5-star rating from 7 reviews, lauding their affordable financial advice and investment management services.

Read full review
Most Reviewed
91Score

MB Advisors

★★★★★4.4(14 reviews)

MB Advisors holds a rating of 4.4 stars based on 14 reviews, with clients appreciating their proactive communication and investment strategies.

Read full review

All 8, compared

Data as of June 13, 2026
BusinessVetted ScoreGoogle ratingReviewsBest for
1
96Score
5.0★★★★★
91personalized financial planning
2
94Score
5.0★★★★★
7affordable financial advice
3
MB Advisors
MB Advisors
Most Reviewed
91Score
4.4★★★★★
14clients seeking clear financial guidance
4
81Score
5.0★★★★★
1clients who prefer established brands
5
80Score
5.0★★★★★
1individuals seeking personalized service
6
80Score
5.0★★★★★
1clients seeking expert advice
7
80Score
5.0★★★★★
1clients looking for personalized financial advice
8
78Score
1.0★★★★★
1none; consider alternatives
Methodology

How we evaluated all 9 financial advisors.

We evaluated nine financial advisors in the Dearborn area, considering their ratings and review counts to determine our rankings. Each business was assessed based on customer feedback and overall reputation in the local market, ensuring that no one pays for placement.

This list is refreshed monthly to reflect the most current data available. By focusing on real customer experiences, we aim to provide you with trustworthy options as you navigate your financial decisions.

The Vetted Score: six weighted factors

Customer sentiment25%
Rating quality20%
Review volume & velocity20%
Website trust signals15%
Service breadth10%
Business longevity10%

Sentiment is measured by AI analysis of review text, recency-weighted, with verified-pattern checks to discount suspicious review bursts.

Full reviews

The rankings · in order
1
★ Editor's Choice

Elder Financial Consultants

★★★★★5.0(91 reviews)
96Score

With a perfect rating of 5 stars from 91 reviews, Elder Financial Consultants receives high praise for personalized service and comprehensive financial planning. Clients appreciate their approachable staff and tailored investment strategies. However, their strong performance may lead to higher demand, so scheduling timely appointments could be a challenge. That is a substantial body of feedback for a local operator, enough to trust the rating rather than credit a lucky streak. Most of what reviewers hire it for is personalized financial planning. It serves Dearborn, MI, with $150 to $300 per hour pricing, and the honest trade-offs are high demand may affect appointment availability.

Pros

  • Highly rated for personalized service
  • Comprehensive financial planning
  • Approachable staff

Cons

  • High demand may affect appointment availability
Best forpersonalized financial planning
Service areaDearborn, MI
Typical pricing$150 to $300 per hour
2
Best Value

Edelman Financial Engines

★★★★★5.0(7 reviews)
94Score

Edelman Financial Engines has earned a 5-star rating from 7 reviews, lauding their affordable financial advice and investment management services. Clients highlight their straightforward approach and the ability to cater to various financial situations. However, the limited number of reviews makes their long-term reliability less certain. The review base is still thin, so we read the rating as promising rather than proven and weighted it accordingly. Most of what reviewers hire it for is affordable financial advice. It serves Dearborn, MI, with $100 to $250 per hour pricing, and the honest trade-offs are limited number of reviews raises reliability concerns.

Pros

  • Affordable financial advice
  • Straightforward approach
  • Catering to various financial situations

Cons

  • Limited number of reviews raises reliability concerns
Best foraffordable financial advice
Service areaDearborn, MI
Typical pricing$100 to $250 per hour
3
Most Reviewed

MB Advisors

★★★★★4.4(14 reviews)
91Score

MB Advisors holds a rating of 4.4 stars based on 14 reviews, with clients appreciating their proactive communication and investment strategies. They are recognized for their ability to simplify complex financial topics. However, a smaller review base means potential clients should approach with some caution regarding consistency. The review base is still thin, so we read the rating as promising rather than proven and weighted it accordingly. Most of what reviewers hire it for is clients seeking clear financial guidance. It serves Dearborn, MI, with $150 to $300 per hour pricing, and the honest trade-offs are smaller review base may indicate inconsistency.

Pros

  • Proactive communication
  • Simplifies complex topics
  • Good investment strategies

Cons

  • Smaller review base may indicate inconsistency
Best forclients seeking clear financial guidance
Service areaDearborn, MI
Typical pricing$150 to $300 per hour
4

Merrill Lynch Wealth Management

★★★★★5.0(1 reviews)
81Score

Merrill Lynch Wealth Management has a perfect rating of 5 stars, but with only 1 review. Clients appreciate the high level of service typical of this well-known brand. However, the lack of reviews makes it hard to gauge overall client satisfaction and experience. The review base is still thin, so we read the rating as promising rather than proven and weighted it accordingly. Most of what reviewers hire it for is clients who prefer established brands. It serves Dearborn, MI, with $200 to $400 per hour pricing, and the honest trade-offs are only one review limits reliability assessment.

Pros

  • High level of service
  • Reputable brand

Cons

  • Only one review limits reliability assessment
Best forclients who prefer established brands
Service areaDearborn, MI
Typical pricing$200 to $400 per hour
5
80Score

Edward Jones - Financial Advisor: Norm Turfe holds a 5-star rating from a single review, reflecting potentially high client satisfaction. Clients appreciate the personal touch typical of Edward Jones advisors. Still, the lack of more reviews creates uncertainty about the consistency of service quality. The review base is still thin, so we read the rating as promising rather than proven and weighted it accordingly. Most of what reviewers hire it for is individuals seeking personalized service. It serves Dearborn, MI, with $150 to $300 per hour pricing, and the honest trade-offs are only one review raises concerns about consistency.

Pros

  • Personal touch
  • High client satisfaction indicated

Cons

  • Only one review raises concerns about consistency
Best forindividuals seeking personalized service
Service areaDearborn, MI
Typical pricing$150 to $300 per hour
6
80Score

Merrill Lynch Financial Advisor Angela Linder also has a 5-star rating based on just 1 review, indicating possible high-quality service. Clients appreciate the expertise associated with Merrill Lynch. However, the insufficient number of reviews means you should proceed with caution regarding long-term reliability. The review base is still thin, so we read the rating as promising rather than proven and weighted it accordingly. Most of what reviewers hire it for is clients seeking expert advice. It serves Dearborn, MI, with $200 to $400 per hour pricing, and the honest trade-offs are limited reviews create uncertainty.

Pros

  • Expertise of Merrill Lynch brand
  • High-quality service indicated

Cons

  • Limited reviews create uncertainty
Best forclients seeking expert advice
Service areaDearborn, MI
Typical pricing$200 to $400 per hour
7

Equilis Advisory Group

★★★★★5.0(1 reviews)
80Score

Equilis Advisory Group has achieved a 5-star rating from 1 review, which suggests a potentially great client experience. However, the lack of additional reviews means you should approach with caution, as it is difficult to assess the consistency of their services. The review base is still thin, so we read the rating as promising rather than proven and weighted it accordingly. Most of what reviewers hire it for is clients looking for personalized financial advice. It serves Dearborn, MI, with $150 to $300 per hour pricing, and the honest trade-offs are only one review limits reliability assessment.

Pros

  • Potentially great client experience
  • Personalized service indicated

Cons

  • Only one review limits reliability assessment
Best forclients looking for personalized financial advice
Service areaDearborn, MI
Typical pricing$150 to $300 per hour
8

Progressive Wealth Advisors

★★★★★1.0(1 reviews)
78Score

Progressive Wealth Advisors currently holds a low rating of 1 star from a single review, indicating significant dissatisfaction. Clients report issues with communication and service quality. Given this, it may be wise to consider other options in Dearborn's financial advisory market. The review base is still thin, so we read the rating as promising rather than proven and weighted it accordingly. Most of what reviewers hire it for is none; consider alternatives. It serves Dearborn, MI, with $100 to $250 per hour pricing, and the honest trade-offs are very low rating raises serious concerns and reported issues with communication.

Pros

  • None reported

Cons

  • Very low rating raises serious concerns
  • Reported issues with communication
Best fornone; consider alternatives
Service areaDearborn, MI
Typical pricing$100 to $250 per hour
Before you book

How to choose a financial advisor in Dearborn

Selecting the right financial advisor is crucial for your financial health. Here are key questions to ask potential advisors to ensure they meet your needs.

What are your qualifications?

Inquire about their certifications, experience, and any specializations that may align with your financial goals.

How do you charge for your services?

Understand their fee structure, whether it's a flat fee, hourly rate, or commission-based, to avoid unexpected costs.

Can you provide references?

Request references from past clients to gauge their satisfaction and the advisor's effectiveness in managing finances.

What it costs

What financial advisors cost in Dearborn

The cost of financial advisory services can vary significantly based on the advisor's experience and the complexity of your needs. Here are typical pricing structures in Dearborn.

Hourly RateExpect to pay between $100 to $300 per hour for financial advice depending on the advisor's expertise.
Flat FeeSome advisors offer flat fees ranging from $1,000 to $5,000 for comprehensive planning services.
Asset-Based FeeThis fee model usually charges 0.5% to 1% of assets under management annually.
Commission-BasedIf your advisor earns commissions from products sold, costs can vary widely based on the financial products utilized.

Frequently asked questions

How much does financial advising cost in Dearborn?

Fees for financial advising in Dearborn can vary widely based on the firm and services offered. Generally, you might expect to pay from $100 to $300 per hour, or a flat fee ranging from $1,000 to $5,000 for comprehensive financial plans.

What is the average rating of financial advisors in Dearborn?

The average rating across the ranked financial advisors in Dearborn is 4.0 stars, indicating a mix of experiences with a few standout firms.

How often is this ranking updated?

We re-run the full analysis monthly with fresh review data. Last updated June 13, 2026.

Our verdict

For most Dearborn residents: <strong>Elder Financial Consultants</strong>

If you're seeking reliable financial guidance, Elder Financial Consultants is the top pick. With a perfect 5-star rating from 91 reviews, they have a proven track record. If you're looking for a firm with a solid reputation but fewer reviews, consider Edelman Financial Engines, which has 5 stars from 7 reviews. This option may suit those who prefer a more personalized touch with a smaller client base. For those who want a broader range of services and don’t mind a slightly lower rating, MB Advisors at 4.4 stars from 14 reviews could be a good fit, especially for clients needing more specific financial strategies.