Jose MartinezA few months back, I gave an online financial advisor a shot. By the end of it, I was ready to hurl my finance book at the wall.
The advice felt canned, and every meeting ended with a pitch for some complicated product I didn’t need. It was less about my goals and more about their commission.
And I know I’m not the only one who’s had issues with financial advisory. So I took matters into my own hands and went on a mission to find financial advisors in El Paso who can actually help us build wealth.
Here are the ones that stood out after extensive research and interviews!
How much does it cost to work with a financial advisor in El Paso?
It costs at least 0.5% of assets annually to work with a financial advisor in El Paso. Some advisors may charge a flat fee of at least $1,000, or an hourly rate starting at $150.
These figures are just estimates. The actual price will depend on the financial advisor’s fee structure.
1. Sheid Wealth Management
Address: 1200 Golden Key Cir Suite. 100
Contact Details: +1 915-248-0022
Operating Hours: Monday to Friday- 9 AM to 5 PM
Sheid Wealth Management caught my attention with their truly personal, one-on-one approach. Right from the start, their advisors actually make time for several in-depth meetings.
I like how they don’t hand out the same plan to everyone. Everything centers on their clients’ goals.
The big plus is that the plan can change as needs do, and the support doesn’t just stop after the first meeting.
One woman told me she walked in with a pile of retirement accounts and left with a clear, simple investment plan that finally fit her timeline and comfort level.
Sheid also works with LPL Financial. This gives their clients access to a range of investment options, including Roth IRAs, ETFs, and 529s.
I like that they don’t box people into a small set of choices, which ultimately helps grow wealth more efficiently.
The only real downside? Scheduling can be tricky. A few of their clients mentioned that it can sometimes take up to 2 weeks to get an appointment.
Excellent job helping me navigate my changing financial needs
“I’ve been working with Eric Villalobos for several years now. I was one of his clients at his previous institution and decided to stay with him when he moved to Sheid. He’s done an excellent job helping me navigate my changing financial needs, including moving across the country and being temporarily unemployed. Even though I’m no longer local after moving to the Midwest, he still checks in with me frequently to make sure my needs are met. On top of being a great financial advisor, he’s also just a great guy. Very personable and genuinely cares about his clients. I definitely recommend his services.”
– Christian Zvokel, Google Review
One of the most rewarding decisions I’ve made
“Working with Eric has been one of the most rewarding decisions I’ve made for my financial well-being. From day one, he brought not just deep expertise, but also a level of care and clarity that made financial planning feel approachable—even for someone without a strong background in it.
He breaks down complex concepts into clear, actionable steps, always tailored to my goals. Thoughtful, responsive, and solutions-focused, Eric brings a calm confidence to every conversation. Most importantly, he operates with integrity and a genuine commitment to what’s best for his clients. I trust him completely and recommend him without hesitation.”
– Julia Labayen, Google Reviews
2. Cortez Wealth Management
Address: 7001 Westwind Dr STE 130
Contact Details: +1 915-777-3112
Operating Hours: Monday to Friday – 9 AM to 5 PM
Cortez Wealth Management is a one-stop firm for just about every financial need.
They don’t just stick to investment management and retirement planning. They also handle tax prep, business succession, and even the nitty-gritty of education and estate planning.
They walk people through their options, so they understand what’s happening with their money and can make smarter choices to grow their savings.
One business owner told me she’d always been overwhelmed by succession planning. After working with Cortez, she finally understood her options and set up a transition plan that gave her peace of mind.
When it comes to private wealth management, they don’t just talk in circles. They actually help their clients put together detailed, written plans.
Their investment advice is just as hands-on. I appreciate that they don’t just toss around numbers about returns. They actually break down the risks and walk people through choices like 401(k)s, stocks, bonds, and mutual funds.
The only snag is that when it comes to risk management (like sorting out life insurance or disability), the paperwork can drag on. One of their clients mentioned it took almost two weeks to finalize everything.
Extremely professional
“Cortez Wealth Management (Gilbert) is extremely professional, detail-oriented, and genuinely cares about their clients. They helped me organize my finances, plan for retirement, and make smart investment choices. I’ve seen real progress and peace of mind since working with them. Excellent service all around.”
– Claudia Lucero-Rodriguez, Google Reviews
He is incredibly knowledgeable and patient
“Before meeting Gilbert Cortez, my finances felt complicated and disorganized. He took the time to truly understand my goals for retirement and created a personalized plan that was easy to follow. He is incredibly knowledgeable and patient, explaining complex topics in a way that gave me the confidence I needed to follow through with my goals! Definitely recommend!
– Daniel Hidalgo, Google Reviews
3. Edward Jones – Financial Advisor: Jesus Horton
Address: 6006 N Mesa St #1007
Contact Details: +1 915-585-1912
Operating Hours: Monday to Friday – 8:30 AM to 5:30 PM
Jesus Horton helps people feel in control, even when things get messy. He actually takes the time to help his clients set goals, manage debt, and adjust plans when life changes unexpectedly.
One of his clients appreciated how Jesus mapped out a new plan when he faced job issues. This allowed him to keep up with bills and still stay on track for retirement.
I also like that Jesus doesn’t just tell people to invest in stocks or bonds. He actually explains the difference between them.
One couple told me he walked them through how bonds can help smooth out the ups and downs of the stock market, and why that matters for their long-term goals. He makes it easy for people to understand what’s really happening with their money.
The only downside? Some of his clients wish he had called back more quickly. One person told me it took about two days to hear back. When he did call, though, he took the time to answer every question about retirement planning.
The best financial plan tailored to your needs and goals
“If you need help with wealth management, investments of various kinds, or retirement planning, I can highly recommend without reservations Jesus Horton. He is the financial advisor you want to have in your corner. He not only has integrity, honesty, and a genuine desire to make the best financial plan tailored to your needs and goals. He continues to stay current by investing in himself earning numerous financial business certifications. His work ethic is second to none. In today’s difficult financial situation, you want to make sure that you are protected as much as possible financially and he knows how to achieve it. Yes, call for an initial consultation and see for yourself.’
– Holger Viel, Google Reviews
He is proactive
“I never write reviews but Mr Horton has been the best financial advisor with whom I have worked — and I worked with many. What sets him apart from all the others is that he is proactive: He actually takes time out from his day to inform you about prospective decisions to grow your account. Other advisors do not do this. On top of this, he is a fiduciary, he is taking this extra time w his clients out of a passion for his work. not for personal gain. Highly recommended”
– New Mexico Psychiatric, Google Reviews
4. First Command Financial Advisor – Jordan Nelson, RICP
Address: 4712 Woodrow Bean Transmountain Suite F
Contact Details: +1 915-772-0100
Operating Hours: Monday to Friday- 8 AM to 5 PM
Jordan Nelson at First Command Financial stands out for his work with military and veteran families. What I noticed right away is how Jordan and his team actually get the unpredictable parts of military life.
One young couple, who had moved from base to base and never managed to save, were finally able to set up a savings plan that survived another move after meeting Jordan.
It’s also impressive how Jordan can accommodate various needs. He helps people with everything, from starting college funds to sorting out insurance and retirement income.
One of his clients told me that Jordan helped him roll over a jumble of old accounts into a single, easy-to-track portfolio.
Another said he walked him through the maze of military retirement options, so she finally felt confident about his future.
On the flip side, those who aren’t part of the military community might feel like some of the financial advice and focus here doesn’t fit their lives.
Extremely knowledgeable
“Jordan is extremely knowledgeable and professional! He has helped me tremendously during the last two years! I’m more familiar with my investments and feel comfortable discussing my portfolio with him! I plan on keeping him as my advisor for a long time!”
– David Garcia, Google Reviews
He looks out for his clients best interests.
“Jordan Nelson is an outstanding financial advisor. He looks out for his clients best interests.
Mike and Claudia Vrahnos”
– claudia Vrahnos, Google Reviews
5. Lauterbach Financial Advisors
Address: 4130 Rio Bravo St
Contact Details: +1 915-544-6950
Operating Hours: Monday to Friday – 8:15 AM to 5:15 PM
Lauterbach Financial Advisors made the list for its fee-only, fiduciary model and holistic, tax-savvy approach.
Their holistic goal-oriented financial planning helps people understand all the components of their financial health.
I like that they don’t just look at investments in isolation. They consider taxes, insurance, retirement, and even foundation management for nonprofits.
One client said Lauterbach helped her family restructure their retirement plan to minimize tax hits, something her previous advisor never mentioned.
They’re also not afraid to have tough conversations about risk. They stay on top of industry changes, which makes a big difference when regulations shift.
One guy told me he appreciated that his advisors proactively reached out when changes in tax law or market conditions could affect his plans.
The downside? Their onboarding process is a little paperwork-heavy. So, those hoping to get started in a single quick meeting might find the initial process a bit daunting.
He pays attention to your financial situation and takes care
Billy DeFrance is very cordial, respectful, and overall knowledgeable. He pays attention to your financial situation and takes care to provide the best advise to fit your needs. As a fellow veteran he understands the intricacies of military life and finances. Highly recommended!
– Hector Dez, Google Reviews
