{ "path": "/advisors/md", "url": "https://advisorcensus.com/advisors/md", "page_type": "state", "title": "Financial advisors in Maryland", "filters": {}, "scope_total": 582, "faq": [ { "q": "How many financial advisory firms are there in Maryland?", "a": "AdvisorCensus lists 582 investment advisory firms with a principal office in Maryland, from Form ADV filings as of October 2026: 230 SEC-registered, 289 state-registered, and 63 exempt reporting advisers. Firms may request removal, so the count can differ slightly from the number of firms that file Form ADV." }, { "q": "How many fee-only financial advisors are in Maryland?", "a": "218 of the 582 firms meet AdvisorCensus's fee-only test: paid only by a percentage of assets, hourly charges, fixed fees, or subscription fees on Form ADV Item 5.E (no commissions, performance-based fees, or other compensation), with no sales-related compensation ties in the same filing: no employee registered with a broker-dealer or licensed as an insurance agent (Item 5.B), no brokerage, insurance, real estate, or other product sales business (Item 6.A), no related broker-dealer, insurance company, real estate broker, or futures commission merchant (Item 7.A), and no referral fees from others or other sales interest (Item 8). Form ADV has no fee-only box, so this is derived from the filing; it is not a fee-only certification, and a firm's own page lists its compensation arrangements as filed." }, { "q": "How many financial advisors in Maryland offer financial planning?", "a": "331 of the 519 firms in Maryland that answer Form ADV Item 5.G, which asks what advisory services a firm provides, report financial planning services, as of October 2026. Exempt reporting advisers do not answer Item 5.G. Each firm page lists every advisory service the firm reports." }, { "q": "Are the financial advisors in Maryland fiduciaries?", "a": "Every firm on this page is an investment adviser that files Form ADV, and an investment adviser owes its clients a fiduciary duty under federal law, made up of a duty of care and a duty of loyalty: it must act in the client's best interest and not put its own interests ahead of the client's, and must eliminate its conflicts of interest or disclose them fully and fairly. Form ADV has no fiduciary box because the duty comes with being an investment adviser. The duty covers the firm's advice; a firm or its people may also sell securities through a broker-dealer or insurance as licensed agents, roles held to other standards. The 218 firms that meet AdvisorCensus's fee-only test report none of those sales ties." }, { "q": "How do I check whether a financial advisor has disciplinary disclosures?", "a": "Each firm page shows how many Form ADV Item 11 disciplinary questions the firm answered yes and links to the firm's record on the SEC's Investment Adviser Public Disclosure site (adviserinfo.sec.gov), where the detail of each disclosure is public. Individual advisers' records are on the same site and on FINRA BrokerCheck." }, { "q": "Does AdvisorCensus rate, verify, or recommend these firms?", "a": "No. The directory shows what each firm filed, in alphabetical order unless you choose another sort, and no firm's position depends on payment. Firms that claim their page can add a description and links, marked as provided by the firm; the filed facts are never changed by that content." }, { "q": "What does regulatory assets under management mean?", "a": "Regulatory assets under management (RAUM) is the figure a firm reports on Form ADV Item 5.F: the securities portfolios it provides continuous and regular supervisory or management services for, at market value, including assets managed without discretion. It measures scale, not performance or quality." } ], "period": "2026-10-01", "answer_paragraph": "AdvisorCensus lists 582 investment advisory firms with a principal office in Maryland, drawn from Form ADV filings as of October 2026. Metro areas in the state are listed first; firms are listed alphabetically, and you can sort by years registered or assets band using the controls below. Firms may request removal from the directory, so this count can differ from the number of firms that file Form ADV.", "about_market": null, "citation": "AdvisorCensus. Financial advisors in Maryland: 582 firms from Form ADV filings as of October 2026.", "total_firms": 582, "page": 1, "total_pages": 12, "sort": "name", "registration_types": { "sec": 230, "state": 289, "exempt": 63 }, "fee_model_mix": [ { "code": "fee-only", "count": 218 }, { "code": "percentage_of_aum", "count": 451 }, { "code": "hourly", "count": 252 }, { "code": "subscription", "count": 11 }, { "code": "fixed", "count": 300 }, { "code": "commissions", "count": 10 }, { "code": "performance_based", "count": 71 }, { "code": "other", "count": 68 }, { "code": "not_reported", "count": 63 } ], "years_registered_distribution": [ { "code": "under_5", "count": 189 }, { "code": "5_to_9", "count": 117 }, { "code": "10_to_19", "count": 147 }, { "code": "20_plus", "count": 123 }, { "code": "not_reported", "count": 6 } ], "raum_band_distribution": [ { "code": "under_25m", "count": 134 }, { "code": "25m_100m", "count": 89 }, { "code": "100m_500m", "count": 120 }, { "code": "500m_1b", "count": 34 }, { "code": "1b_5b", "count": 49 }, { "code": "over_5b", "count": 25 }, { "code": "not_reported", "count": 131 } ], "firms": [ { "crd_number": 149136, "name": "&Wealth Partners", "name_as_filed": "&WEALTH PARTNERS", "url": "https://advisorcensus.com/firm/and-wealth-partners-baltimore-md-149136", "city": "Baltimore", "state": "MD", "years_registered": 17, "raum_band": "500m_1b", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 115948, "name": "1 North Wealth Services, LLC", "name_as_filed": "1 NORTH WEALTH SERVICES, LLC", "url": "https://advisorcensus.com/firm/1-north-wealth-services-llc-annapolis-md-115948", "city": "Annapolis", "state": "MD", "years_registered": 24, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 133370, "name": "1919 Investment Counsel, LLC", "name_as_filed": "1919 INVESTMENT COUNSEL, LLC", "url": "https://advisorcensus.com/firm/1919-investment-counsel-llc-baltimore-md-133370", "city": "Baltimore", "state": "MD", "years_registered": 21, "raum_band": "over_5b", "compensation_types": [ "percentage_of_aum", "fixed", "other" ], "enhanced": false }, { "crd_number": 107041, "name": "A. J. Perry & Co.", "name_as_filed": "A. J. PERRY & CO.", "url": "https://advisorcensus.com/firm/a-j-perry-and-co-towson-md-107041", "city": "Towson", "state": "MD", "years_registered": 0, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum" ], "enhanced": false }, { "crd_number": 337222, "name": "A.G. Advisory Firm, LLC", "name_as_filed": "A.G. ADVISORY FIRM, LLC", "url": "https://advisorcensus.com/firm/a-g-advisory-firm-llc-337222", "city": null, "state": null, "years_registered": 1, "raum_band": "under_25m", "compensation_types": [ "percentage_of_aum", "subscription" ], "enhanced": false }, { "crd_number": 162150, "name": "A.G. Campbell Advisory, LLC", "name_as_filed": "A.G. CAMPBELL ADVISORY, LLC", "url": "https://advisorcensus.com/firm/a-g-campbell-advisory-llc-baltimore-md-162150", "city": "Baltimore", "state": "MD", "years_registered": 11, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum", "hourly" ], "enhanced": false }, { "crd_number": 336585, "name": "AAA Advisory LLC", "name_as_filed": "AAA ADVISORY LLC", "url": "https://advisorcensus.com/firm/aaa-advisory-llc-walkersville-md-336585", "city": "Walkersville", "state": "MD", "years_registered": 1, "raum_band": "not_reported", "compensation_types": [ "hourly" ], "enhanced": false }, { "crd_number": 152121, "name": "ABR Capital Partners, LLC", "name_as_filed": "ABR CAPITAL PARTNERS, LLC", "url": "https://advisorcensus.com/firm/abr-capital-partners-llc-baltimore-md-152121", "city": "Baltimore", "state": "MD", "years_registered": 16, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum", "fixed", "performance_based", "other" ], "enhanced": false }, { "crd_number": 137183, "name": "Abrams Bison Investments, L.L.C.", "name_as_filed": "ABRAMS BISON INVESTMENTS, L.L.C.", "url": "https://advisorcensus.com/firm/abrams-bison-investments-l-l-c-bethesda-md-137183", "city": "Bethesda", "state": "MD", "years_registered": 20, "raum_band": "1b_5b", "compensation_types": [ "percentage_of_aum", "performance_based" ], "enhanced": false }, { "crd_number": 156923, "name": "ABS Capital Partners, Inc.", "name_as_filed": "ABS CAPITAL PARTNERS, INC.", "url": "https://advisorcensus.com/firm/abs-capital-partners-inc-hunt-valley-md-156923", "city": "Hunt Valley", "state": "MD", "years_registered": null, "raum_band": "not_reported", "compensation_types": [], "enhanced": false }, { "crd_number": 339851, "name": "Acacia Group VI LLC", "name_as_filed": "ACACIA GROUP VI LLC", "url": "https://advisorcensus.com/firm/acacia-group-vi-llc-fulton-md-339851", "city": "Fulton", "state": "MD", "years_registered": 0, "raum_band": "not_reported", "compensation_types": [], "enhanced": false }, { "crd_number": 339164, "name": "Acacia Group VII LLC", "name_as_filed": "ACACIA GROUP VII LLC", "url": "https://advisorcensus.com/firm/acacia-group-vii-llc-fulton-md-339164", "city": "Fulton", "state": "MD", "years_registered": 0, "raum_band": "not_reported", "compensation_types": [], "enhanced": false }, { "crd_number": 293864, "name": "Acara Capital Management, LLC", "name_as_filed": "ACARA CAPITAL MANAGEMENT, LLC", "url": "https://advisorcensus.com/firm/acara-capital-management-llc-293864", "city": null, "state": null, "years_registered": 8, "raum_band": "25m_100m", "compensation_types": [ "percentage_of_aum" ], "enhanced": false }, { "crd_number": 297197, "name": "Access Holdings Management Company LLC", "name_as_filed": "ACCESS HOLDINGS MANAGEMENT COMPANY LLC", "url": "https://advisorcensus.com/firm/access-holdings-management-company-llc-baltimore-md-297197", "city": "Baltimore", "state": "MD", "years_registered": 8, "raum_band": "1b_5b", "compensation_types": [ "percentage_of_aum", "fixed", "performance_based" ], "enhanced": false }, { "crd_number": 117474, "name": "Accordant Advisory Group, Inc.", "name_as_filed": "ACCORDANT ADVISORY GROUP, INC.", "url": "https://advisorcensus.com/firm/accordant-advisory-group-inc-annapolis-md-117474", "city": "Annapolis", "state": "MD", "years_registered": 9, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum", "hourly" ], "enhanced": false }, { "crd_number": 281263, "name": "Adams Diversified Equity Fund, Inc.", "name_as_filed": "ADAMS DIVERSIFIED EQUITY FUND, INC.", "url": "https://advisorcensus.com/firm/adams-diversified-equity-fund-inc-baltimore-md-281263", "city": "Baltimore", "state": "MD", "years_registered": 11, "raum_band": "1b_5b", "compensation_types": [ "other" ], "enhanced": false }, { "crd_number": 226613, "name": "Adams Funds Advisers", "name_as_filed": "ADAMS FUNDS ADVISERS", "url": "https://advisorcensus.com/firm/adams-funds-advisers-baltimore-md-226613", "city": "Baltimore", "state": "MD", "years_registered": 11, "raum_band": "not_reported", "compensation_types": [ "percentage_of_aum" ], "enhanced": false }, { "crd_number": 335247, "name": "Addax Bridge Financial", "name_as_filed": "ADDAX BRIDGE FINANCIAL", "url": "https://advisorcensus.com/firm/addax-bridge-financial-potomac-md-335247", "city": "Potomac", "state": "MD", "years_registered": 1, "raum_band": "under_25m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 339945, "name": "Adenry Wealth LLC", "name_as_filed": "ADENRY WEALTH LLC", "url": "https://advisorcensus.com/firm/adenry-wealth-llc-339945", "city": null, "state": null, "years_registered": 0, "raum_band": "under_25m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 157980, "name": "Advisors Preferred LLC", "name_as_filed": "ADVISORS PREFERRED LLC", "url": "https://advisorcensus.com/firm/advisors-preferred-llc-rockville-md-157980", "city": "Rockville", "state": "MD", "years_registered": 15, "raum_band": "1b_5b", "compensation_types": [ "percentage_of_aum" ], "enhanced": false }, { "crd_number": 149782, "name": "Advisorshares", "name_as_filed": "ADVISORSHARES", "url": "https://advisorcensus.com/firm/advisorshares-bethesda-md-149782", "city": "Bethesda", "state": "MD", "years_registered": 17, "raum_band": "1b_5b", "compensation_types": [ "percentage_of_aum" ], "enhanced": false }, { "crd_number": 273035, "name": "Advocate Investing Services", "name_as_filed": "ADVOCATE INVESTING SERVICES", "url": "https://advisorcensus.com/firm/advocate-investing-services-woodbine-md-273035", "city": "Woodbine", "state": "MD", "years_registered": 4, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 134429, "name": "Aegis Wealth", "name_as_filed": "AEGIS WEALTH", "url": "https://advisorcensus.com/firm/aegis-wealth-bethesda-md-134429", "city": "Bethesda", "state": "MD", "years_registered": 21, "raum_band": "500m_1b", "compensation_types": [ "percentage_of_aum", "fixed" ], "enhanced": false }, { "crd_number": 343611, "name": "Agios Capital LLC", "name_as_filed": "AGIOS CAPITAL LLC", "url": "https://advisorcensus.com/firm/agios-capital-llc-343611", "city": null, "state": null, "years_registered": 0, "raum_band": "under_25m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed", "performance_based" ], "enhanced": false }, { "crd_number": 322098, "name": "Albion River", "name_as_filed": "ALBION RIVER", "url": "https://advisorcensus.com/firm/albion-river-rockville-md-322098", "city": "Rockville", "state": "MD", "years_registered": 1, "raum_band": "1b_5b", "compensation_types": [ "percentage_of_aum", "performance_based" ], "enhanced": false }, { "crd_number": 282985, "name": "Alikos Wealth Management, LLC", "name_as_filed": "ALIKOS WEALTH MANAGEMENT, LLC", "url": "https://advisorcensus.com/firm/alikos-wealth-management-llc-bethesda-md-282985", "city": "Bethesda", "state": "MD", "years_registered": 10, "raum_band": "25m_100m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 157700, "name": "Alliance Partners LLC", "name_as_filed": "ALLIANCE PARTNERS LLC", "url": "https://advisorcensus.com/firm/alliance-partners-llc-chevy-chase-md-157700", "city": "Chevy Chase", "state": "MD", "years_registered": 15, "raum_band": "1b_5b", "compensation_types": [ "percentage_of_aum", "other" ], "enhanced": false }, { "crd_number": 288198, "name": "Alpha DNA Investment Management", "name_as_filed": "ALPHA DNA INVESTMENT MANAGEMENT", "url": "https://advisorcensus.com/firm/alpha-dna-investment-management-columbia-md-288198", "city": "Columbia", "state": "MD", "years_registered": 6, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum", "performance_based" ], "enhanced": false }, { "crd_number": 321970, "name": "Alpha EV, LLC", "name_as_filed": "ALPHA EV, LLC", "url": "https://advisorcensus.com/firm/alpha-ev-llc-towson-md-321970", "city": "Towson", "state": "MD", "years_registered": 4, "raum_band": "not_reported", "compensation_types": [], "enhanced": false }, { "crd_number": 323001, "name": "Alton Point Advisors, LLC", "name_as_filed": "ALTON POINT ADVISORS, LLC", "url": "https://advisorcensus.com/firm/alton-point-advisors-llc-323001", "city": null, "state": null, "years_registered": 3, "raum_band": "under_25m", "compensation_types": [ "percentage_of_aum", "hourly" ], "enhanced": false }, { "crd_number": 111016, "name": "American Financial Management, Ltd.", "name_as_filed": "AMERICAN FINANCIAL MANAGEMENT, LTD.", "url": "https://advisorcensus.com/firm/american-financial-management-ltd-owings-mills-md-111016", "city": "Owings Mills", "state": "MD", "years_registered": 42, "raum_band": "25m_100m", "compensation_types": [ "percentage_of_aum", "fixed" ], "enhanced": false }, { "crd_number": 300980, "name": "Anchor Wealth Advisors, LLC", "name_as_filed": "ANCHOR WEALTH ADVISORS, LLC", "url": "https://advisorcensus.com/firm/anchor-wealth-advisors-llc-cockeysville-md-300980", "city": "Cockeysville", "state": "MD", "years_registered": 7, "raum_band": "25m_100m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 146154, "name": "Andersen Wealth Management", "name_as_filed": "ANDERSEN WEALTH MANAGEMENT", "url": "https://advisorcensus.com/firm/andersen-wealth-management-easton-md-146154", "city": "Easton", "state": "MD", "years_registered": 18, "raum_band": "25m_100m", "compensation_types": [ "percentage_of_aum", "fixed" ], "enhanced": false }, { "crd_number": 151241, "name": "Anderson Wealth Management, Inc.", "name_as_filed": "ANDERSON WEALTH MANAGEMENT, INC.", "url": "https://advisorcensus.com/firm/anderson-wealth-management-inc-151241", "city": null, "state": null, "years_registered": 16, "raum_band": "under_25m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 132539, "name": "Annapolitan Investment Group, Inc.", "name_as_filed": "ANNAPOLITAN INVESTMENT GROUP, INC.", "url": "https://advisorcensus.com/firm/annapolitan-investment-group-inc-annapolis-md-132539", "city": "Annapolis", "state": "MD", "years_registered": 4, "raum_band": "not_reported", "compensation_types": [ "hourly", "fixed" ], "enhanced": false }, { "crd_number": 312490, "name": "Applied Derivative Research Or \"ADR\"", "name_as_filed": "APPLIED DERIVATIVE RESEARCH OR \"ADR\"", "url": "https://advisorcensus.com/firm/applied-derivative-research-or-adr-312490", "city": null, "state": null, "years_registered": 2, "raum_band": "under_25m", "compensation_types": [ "percentage_of_aum", "performance_based" ], "enhanced": false }, { "crd_number": 166272, "name": "Arch Financial Advisors LLC", "name_as_filed": "ARCH FINANCIAL ADVISORS LLC", "url": "https://advisorcensus.com/firm/arch-financial-advisors-llc-166272", "city": null, "state": null, "years_registered": 13, "raum_band": "not_reported", "compensation_types": [ "hourly", "fixed" ], "enhanced": false }, { "crd_number": 146562, "name": "Arete Asset Management, LLC", "name_as_filed": "ARETE ASSET MANAGEMENT, LLC", "url": "https://advisorcensus.com/firm/arete-asset-management-llc-146562", "city": null, "state": null, "years_registered": 18, "raum_band": "under_25m", "compensation_types": [ "percentage_of_aum" ], "enhanced": false }, { "crd_number": 160265, "name": "Arlington Capital Partners", "name_as_filed": "ARLINGTON CAPITAL PARTNERS", "url": "https://advisorcensus.com/firm/arlington-capital-partners-bethesda-md-160265", "city": "Bethesda", "state": "MD", "years_registered": 14, "raum_band": "over_5b", "compensation_types": [ "percentage_of_aum", "performance_based" ], "enhanced": false }, { "crd_number": 168345, "name": "Armstrong Dixon", "name_as_filed": "ARMSTRONG DIXON", "url": "https://advisorcensus.com/firm/armstrong-dixon-baltimore-md-168345", "city": "Baltimore", "state": "MD", "years_registered": 11, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum", "fixed" ], "enhanced": false }, { "crd_number": 139652, "name": "Arrow Investment Advisors, LLC", "name_as_filed": "ARROW INVESTMENT ADVISORS, LLC", "url": "https://advisorcensus.com/firm/arrow-investment-advisors-llc-laurel-md-139652", "city": "Laurel", "state": "MD", "years_registered": 20, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum" ], "enhanced": false }, { "crd_number": 160668, "name": "Artemis Real Estate Partners", "name_as_filed": "ARTEMIS REAL ESTATE PARTNERS", "url": "https://advisorcensus.com/firm/artemis-real-estate-partners-chevy-chase-md-160668", "city": "Chevy Chase", "state": "MD", "years_registered": 14, "raum_band": "over_5b", "compensation_types": [ "percentage_of_aum", "performance_based" ], "enhanced": false }, { "crd_number": 110995, "name": "ASB Capital Management LLC", "name_as_filed": "ASB CAPITAL MANAGEMENT LLC", "url": "https://advisorcensus.com/firm/asb-capital-management-llc-bethesda-md-110995", "city": "Bethesda", "state": "MD", "years_registered": 26, "raum_band": "over_5b", "compensation_types": [ "percentage_of_aum", "performance_based" ], "enhanced": false }, { "crd_number": 110800, "name": "Asset Strategy Consultants LLC", "name_as_filed": "ASSET STRATEGY CONSULTANTS LLC", "url": "https://advisorcensus.com/firm/asset-strategy-consultants-llc-hunt-valley-md-110800", "city": "Hunt Valley", "state": "MD", "years_registered": 28, "raum_band": "over_5b", "compensation_types": [ "percentage_of_aum", "hourly", "fixed", "other" ], "enhanced": false }, { "crd_number": 158214, "name": "Atcap Partners, LLC", "name_as_filed": "ATCAP PARTNERS, LLC", "url": "https://advisorcensus.com/firm/atcap-partners-llc-rockville-md-158214", "city": "Rockville", "state": "MD", "years_registered": 15, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed", "other" ], "enhanced": false }, { "crd_number": 159162, "name": "Atlantic Financial Planning LLC", "name_as_filed": "ATLANTIC FINANCIAL PLANNING LLC", "url": "https://advisorcensus.com/firm/atlantic-financial-planning-llc-annapolis-md-159162", "city": "Annapolis", "state": "MD", "years_registered": 14, "raum_band": "not_reported", "compensation_types": [ "hourly" ], "enhanced": false }, { "crd_number": 319377, "name": "Atlantica Ventures Management LLC", "name_as_filed": "ATLANTICA VENTURES MANAGEMENT LLC", "url": "https://advisorcensus.com/firm/atlantica-ventures-management-llc-college-park-md-319377", "city": "College Park", "state": "MD", "years_registered": 2, "raum_band": "not_reported", "compensation_types": [], "enhanced": false }, { "crd_number": 300878, "name": "Atlas Sustainable Wealth, LLC", "name_as_filed": "ATLAS SUSTAINABLE WEALTH, LLC", "url": "https://advisorcensus.com/firm/atlas-sustainable-wealth-llc-300878", "city": null, "state": null, "years_registered": 4, "raum_band": "under_25m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 325559, "name": "Audible Wealth Management", "name_as_filed": "AUDIBLE WEALTH MANAGEMENT", "url": "https://advisorcensus.com/firm/audible-wealth-management-silver-spring-md-325559", "city": "Silver Spring", "state": "MD", "years_registered": 3, "raum_band": "25m_100m", "compensation_types": [ "percentage_of_aum", "fixed" ], "enhanced": false }, { "crd_number": 315485, "name": "Augment Infrastructure Managers Advisory LLC", "name_as_filed": "AUGMENT INFRASTRUCTURE MANAGERS ADVISORY LLC", "url": "https://advisorcensus.com/firm/augment-infrastructure-managers-advisory-llc-chevy-chase-md-315485", "city": "Chevy Chase", "state": "MD", "years_registered": 5, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum", "performance_based" ], "enhanced": false } ], "states": [], "metros": [ { "path": "/advisors/md/baltimore", "name": "Baltimore", "msa_name": "Baltimore-Columbia-Towson, MD", "state_code": "MD", "firm_count": 236 }, { "path": "/advisors/md/lexington-park", "name": "Lexington Park", "msa_name": "Lexington Park, MD", "state_code": "MD", "firm_count": 4 }, { "path": "/advisors/md/hagerstown", "name": "Hagerstown", "msa_name": "Hagerstown-Martinsburg, MD-WV", "state_code": "MD", "firm_count": 2 }, { "path": "/advisors/md/salisbury", "name": "Salisbury", "msa_name": "Salisbury, MD", "state_code": "MD", "firm_count": 2 } ], "siblings": { "national": "/advisors", "state": { "path": "/advisors/md", "label": "Financial advisors in Maryland" }, "fee_pages": [ { "path": "/advisors/md/fee-only", "label": "Fee-only financial advisors in Maryland", "firm_count": 218 }, { "path": "/advisors/md/flat-fee", "label": "Flat-fee financial advisors in Maryland", "firm_count": 300 }, { "path": "/advisors/md/hourly", "label": "Hourly financial advisors in Maryland", "firm_count": 252 } ] }, "csv": "https://advisorcensus.com/advisors/md.csv", "source": { "name": "Form ADV", "as_of": "2026-10-01", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }