# Fee-only financial advisors in Maryland

> AdvisorCensus lists 218 investment advisory firms with a principal office in Maryland that meet AdvisorCensus's fee-only test: paid only by client fees on Form ADV Item 5.E, with no employee registered with a broker-dealer or licensed as an insurance agent, no brokerage, insurance, or real estate sales business or related company, and no referral fees from others, drawn from Form ADV filings as of October 2026. Firms are listed alphabetically; sort by years registered or assets band using the controls below, and read the methodology block for how this page is derived.

Source: Form ADV filings as of October 2026. Rebuilt monthly. HTML page: https://advisorcensus.com/advisors/md/fee-only

## At a glance

- Investment advisory firms: 218
- Registration: SEC-registered investment adviser: 73, State-registered investment adviser: 145
- How firms are compensated (Form ADV Item 5.E; shares of the firms that file it): Fee-only (AdvisorCensus test) 218 (100%); Percentage of assets 191 (88%); Hourly charges 112 (51%); Subscription fees (newsletter or periodical) 3 (1%); Fixed fees 136 (62%)
- Regulatory assets under management (Item 5.F): Under $25 million 73 (33%); $25 million to $100 million 44 (20%); $100 million to $500 million 46 (21%); $500 million to $1 billion 14 (6%); $1 billion to $5 billion 12 (6%); Over $5 billion 2 (1%); Not reported 27 (12%)
- Years registered: Under 5 years 63 (29%); 5 to 9 years 47 (22%); 10 to 19 years 62 (28%); 20 years or more 46 (21%)

## Firms (page 1 of 5, 1 to 50 of 218, sorted by name)

| Firm | CRD | City | Registration | Assets band | Years registered | Compensation |
| --- | --- | --- | --- | --- | --- | --- |
| [&Wealth Partners](https://advisorcensus.com/firm/and-wealth-partners-baltimore-md-149136) ([md](https://advisorcensus.com/firm/and-wealth-partners-baltimore-md-149136.md)) | 149136 | Baltimore, MD | SEC-registered investment adviser | $500 million to $1 billion | 17 | % of assets, Hourly, Fixed fee |
| [1 North Wealth Services, LLC](https://advisorcensus.com/firm/1-north-wealth-services-llc-annapolis-md-115948) ([md](https://advisorcensus.com/firm/1-north-wealth-services-llc-annapolis-md-115948.md)) | 115948 | Annapolis, MD | SEC-registered investment adviser | $100 million to $500 million | 24 | % of assets, Hourly, Fixed fee |
| [A. J. Perry & Co.](https://advisorcensus.com/firm/a-j-perry-and-co-towson-md-107041) ([md](https://advisorcensus.com/firm/a-j-perry-and-co-towson-md-107041.md)) | 107041 | Towson, MD | SEC-registered investment adviser | $100 million to $500 million | 0 | % of assets |
| [A.G. Campbell Advisory, LLC](https://advisorcensus.com/firm/a-g-campbell-advisory-llc-baltimore-md-162150) ([md](https://advisorcensus.com/firm/a-g-campbell-advisory-llc-baltimore-md-162150.md)) | 162150 | Baltimore, MD | SEC-registered investment adviser | $100 million to $500 million | 11 | % of assets, Hourly |
| [AAA Advisory LLC](https://advisorcensus.com/firm/aaa-advisory-llc-walkersville-md-336585) ([md](https://advisorcensus.com/firm/aaa-advisory-llc-walkersville-md-336585.md)) | 336585 | Walkersville, MD | State-registered investment adviser | Not reported | 1 | Hourly |
| [Acara Capital Management, LLC](https://advisorcensus.com/firm/acara-capital-management-llc-293864) ([md](https://advisorcensus.com/firm/acara-capital-management-llc-293864.md)) | 293864 | Not reported, Not reported | State-registered investment adviser | $25 million to $100 million | 8 | % of assets |
| [Adams Funds Advisers](https://advisorcensus.com/firm/adams-funds-advisers-baltimore-md-226613) ([md](https://advisorcensus.com/firm/adams-funds-advisers-baltimore-md-226613.md)) | 226613 | Baltimore, MD | SEC-registered investment adviser | Not reported | 11 | % of assets |
| [Addax Bridge Financial](https://advisorcensus.com/firm/addax-bridge-financial-potomac-md-335247) ([md](https://advisorcensus.com/firm/addax-bridge-financial-potomac-md-335247.md)) | 335247 | Potomac, MD | State-registered investment adviser | Under $25 million | 1 | % of assets, Hourly, Fixed fee |
| [Adenry Wealth LLC](https://advisorcensus.com/firm/adenry-wealth-llc-339945) ([md](https://advisorcensus.com/firm/adenry-wealth-llc-339945.md)) | 339945 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 0 | % of assets, Hourly, Fixed fee |
| [Aegis Wealth](https://advisorcensus.com/firm/aegis-wealth-bethesda-md-134429) ([md](https://advisorcensus.com/firm/aegis-wealth-bethesda-md-134429.md)) | 134429 | Bethesda, MD | SEC-registered investment adviser | $500 million to $1 billion | 21 | % of assets, Fixed fee |
| [Alikos Wealth Management, LLC](https://advisorcensus.com/firm/alikos-wealth-management-llc-bethesda-md-282985) ([md](https://advisorcensus.com/firm/alikos-wealth-management-llc-bethesda-md-282985.md)) | 282985 | Bethesda, MD | State-registered investment adviser | $25 million to $100 million | 10 | % of assets, Hourly, Fixed fee |
| [Anchor Wealth Advisors, LLC](https://advisorcensus.com/firm/anchor-wealth-advisors-llc-cockeysville-md-300980) ([md](https://advisorcensus.com/firm/anchor-wealth-advisors-llc-cockeysville-md-300980.md)) | 300980 | Cockeysville, MD | State-registered investment adviser | $25 million to $100 million | 7 | % of assets, Hourly, Fixed fee |
| [Anderson Wealth Management, Inc.](https://advisorcensus.com/firm/anderson-wealth-management-inc-151241) ([md](https://advisorcensus.com/firm/anderson-wealth-management-inc-151241.md)) | 151241 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 16 | % of assets, Hourly, Fixed fee |
| [Arch Financial Advisors LLC](https://advisorcensus.com/firm/arch-financial-advisors-llc-166272) ([md](https://advisorcensus.com/firm/arch-financial-advisors-llc-166272.md)) | 166272 | Not reported, Not reported | State-registered investment adviser | Not reported | 13 | Hourly, Fixed fee |
| [Arete Asset Management, LLC](https://advisorcensus.com/firm/arete-asset-management-llc-146562) ([md](https://advisorcensus.com/firm/arete-asset-management-llc-146562.md)) | 146562 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 18 | % of assets |
| [Atlantic Financial Planning LLC](https://advisorcensus.com/firm/atlantic-financial-planning-llc-annapolis-md-159162) ([md](https://advisorcensus.com/firm/atlantic-financial-planning-llc-annapolis-md-159162.md)) | 159162 | Annapolis, MD | State-registered investment adviser | Not reported | 14 | Hourly |
| [Atlas Sustainable Wealth, LLC](https://advisorcensus.com/firm/atlas-sustainable-wealth-llc-300878) ([md](https://advisorcensus.com/firm/atlas-sustainable-wealth-llc-300878.md)) | 300878 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 4 | % of assets, Hourly, Fixed fee |
| [Awareness Wealth Advisors, Inc.](https://advisorcensus.com/firm/awareness-wealth-advisors-inc-braddock-heights-md-239786) ([md](https://advisorcensus.com/firm/awareness-wealth-advisors-inc-braddock-heights-md-239786.md)) | 239786 | Braddock Heights, MD | State-registered investment adviser | Under $25 million | 5 | % of assets |
| [Baczkowski & Company](https://advisorcensus.com/firm/baczkowski-and-company-122327) ([md](https://advisorcensus.com/firm/baczkowski-and-company-122327.md)) | 122327 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 22 | % of assets |
| [Ball Wealth Management LLC](https://advisorcensus.com/firm/ball-wealth-management-llc-133583) ([md](https://advisorcensus.com/firm/ball-wealth-management-llc-133583.md)) | 133583 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 21 | % of assets |
| [Baltimore Avenue Investments, LLC](https://advisorcensus.com/firm/baltimore-avenue-investments-llc-towson-md-159833) ([md](https://advisorcensus.com/firm/baltimore-avenue-investments-llc-towson-md-159833.md)) | 159833 | Towson, MD | State-registered investment adviser | Under $25 million | 14 | % of assets |
| [Barrack Yard Advisors, LLC](https://advisorcensus.com/firm/barrack-yard-advisors-llc-chevy-chase-md-173536) ([md](https://advisorcensus.com/firm/barrack-yard-advisors-llc-chevy-chase-md-173536.md)) | 173536 | Chevy Chase, MD | State-registered investment adviser | $25 million to $100 million | 10 | % of assets |
| [Base Management Co](https://advisorcensus.com/firm/base-management-co-towson-md-104600) ([md](https://advisorcensus.com/firm/base-management-co-towson-md-104600.md)) | 104600 | Towson, MD | State-registered investment adviser | $25 million to $100 million | 2 | % of assets, Hourly, Fixed fee |
| [Beacon Investment Advisors LLC](https://advisorcensus.com/firm/beacon-investment-advisors-llc-gaithersburg-md-127368) ([md](https://advisorcensus.com/firm/beacon-investment-advisors-llc-gaithersburg-md-127368.md)) | 127368 | Gaithersburg, MD | SEC-registered investment adviser | $500 million to $1 billion | 4 | % of assets |
| [Bestgate Wealth Advisors, LLC](https://advisorcensus.com/firm/bestgate-wealth-advisors-llc-frederick-md-301639) ([md](https://advisorcensus.com/firm/bestgate-wealth-advisors-llc-frederick-md-301639.md)) | 301639 | Frederick, MD | SEC-registered investment adviser | $100 million to $500 million | 1 | % of assets, Fixed fee |
| [Beyond Financial Planning, LLC](https://advisorcensus.com/firm/beyond-financial-planning-llc-bethesda-md-306240) ([md](https://advisorcensus.com/firm/beyond-financial-planning-llc-bethesda-md-306240.md)) | 306240 | Bethesda, MD | State-registered investment adviser | $25 million to $100 million | 6 | % of assets, Fixed fee |
| [Beyond Profit and Wealth Consulting](https://advisorcensus.com/firm/beyond-profit-and-wealth-consulting-315621) ([md](https://advisorcensus.com/firm/beyond-profit-and-wealth-consulting-315621.md)) | 315621 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 5 | % of assets, Hourly, Fixed fee |
| [Binnacle Financial Group LLC](https://advisorcensus.com/firm/binnacle-financial-group-llc-322486) ([md](https://advisorcensus.com/firm/binnacle-financial-group-llc-322486.md)) | 322486 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 4 | % of assets, Hourly |
| [Black Diamond Financial, LLC](https://advisorcensus.com/firm/black-diamond-financial-llc-lutherville-md-145108) ([md](https://advisorcensus.com/firm/black-diamond-financial-llc-lutherville-md-145108.md)) | 145108 | Lutherville, MD | SEC-registered investment adviser | $1 billion to $5 billion | 11 | % of assets, Hourly, Fixed fee |
| [Blue Point Investment Management](https://advisorcensus.com/firm/blue-point-investment-management-baltimore-md-148104) ([md](https://advisorcensus.com/firm/blue-point-investment-management-baltimore-md-148104.md)) | 148104 | Baltimore, MD | State-registered investment adviser | $25 million to $100 million | 17 | % of assets |
| [Bluestone® Financial Advisors, LLC](https://advisorcensus.com/firm/bluestone-financial-advisors-llc-bethesda-md-146946) ([md](https://advisorcensus.com/firm/bluestone-financial-advisors-llc-bethesda-md-146946.md)) | 146946 | Bethesda, MD | SEC-registered investment adviser | $100 million to $500 million | 4 | Fixed fee |
| [Bolton Investment](https://advisorcensus.com/firm/bolton-investment-towson-md-104684) ([md](https://advisorcensus.com/firm/bolton-investment-towson-md-104684.md)) | 104684 | Towson, MD | SEC-registered investment adviser | $100 million to $500 million | 32 | % of assets, Hourly, Fixed fee |
| [Bontempo Ohly Capital Management, LLC](https://advisorcensus.com/firm/bontempo-ohly-capital-management-llc-bethesda-md-132804) ([md](https://advisorcensus.com/firm/bontempo-ohly-capital-management-llc-bethesda-md-132804.md)) | 132804 | Bethesda, MD | SEC-registered investment adviser | $100 million to $500 million | 21 | % of assets, Hourly, Fixed fee |
| [Brandt Wealth Advisors, LLC](https://advisorcensus.com/firm/brandt-wealth-advisors-llc-166085) ([md](https://advisorcensus.com/firm/brandt-wealth-advisors-llc-166085.md)) | 166085 | Not reported, Not reported | State-registered investment adviser | $25 million to $100 million | 13 | % of assets |
| [Broad Reach Retail Partners LLC](https://advisorcensus.com/firm/broad-reach-retail-partners-llc-millersville-md-340702) ([md](https://advisorcensus.com/firm/broad-reach-retail-partners-llc-millersville-md-340702.md)) | 340702 | Millersville, MD | SEC-registered investment adviser | $100 million to $500 million | 0 | % of assets |
| [Bryan Investments, LLC](https://advisorcensus.com/firm/bryan-investments-llc-157826) ([md](https://advisorcensus.com/firm/bryan-investments-llc-157826.md)) | 157826 | Not reported, Not reported | State-registered investment adviser | $25 million to $100 million | 15 | Fixed fee |
| [Bryant Financial Advisory, Inc.](https://advisorcensus.com/firm/bryant-financial-advisory-inc-baltimore-md-165189) ([md](https://advisorcensus.com/firm/bryant-financial-advisory-inc-baltimore-md-165189.md)) | 165189 | Baltimore, MD | State-registered investment adviser | $25 million to $100 million | 14 | % of assets, Hourly, Fixed fee |
| [Bush River Trust, LLC](https://advisorcensus.com/firm/bush-river-trust-llc-hunt-valley-md-287995) ([md](https://advisorcensus.com/firm/bush-river-trust-llc-hunt-valley-md-287995.md)) | 287995 | Hunt Valley, MD | State-registered investment adviser | Under $25 million | 9 | % of assets, Hourly |
| [Buttonwood Financial Advisors, Inc.](https://advisorcensus.com/firm/buttonwood-financial-advisors-inc-baltimore-md-144926) ([md](https://advisorcensus.com/firm/buttonwood-financial-advisors-inc-baltimore-md-144926.md)) | 144926 | Baltimore, MD | SEC-registered investment adviser | $100 million to $500 million | 6 | % of assets, Fixed fee |
| [C.T. Kares Advisory Group, Inc.](https://advisorcensus.com/firm/c-t-kares-advisory-group-inc-117829) ([md](https://advisorcensus.com/firm/c-t-kares-advisory-group-inc-117829.md)) | 117829 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 27 | % of assets |
| [Cadence Planning, LLC](https://advisorcensus.com/firm/cadence-planning-llc-frederick-md-319663) ([md](https://advisorcensus.com/firm/cadence-planning-llc-frederick-md-319663.md)) | 319663 | Frederick, MD | State-registered investment adviser | Under $25 million | 4 | % of assets, Fixed fee |
| [Calabash Asset Management, LLC](https://advisorcensus.com/firm/calabash-asset-management-llc-287793) ([md](https://advisorcensus.com/firm/calabash-asset-management-llc-287793.md)) | 287793 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 9 | % of assets, Fixed fee |
| [Capital Financial Planners LLC](https://advisorcensus.com/firm/capital-financial-planners-llc-chevy-chase-md-341222) ([md](https://advisorcensus.com/firm/capital-financial-planners-llc-chevy-chase-md-341222.md)) | 341222 | Chevy Chase, MD | SEC-registered investment adviser | Not reported | 0 | % of assets, Hourly, Fixed fee |
| [Capital Squared Financial LLC](https://advisorcensus.com/firm/capital-squared-financial-llc-rockville-md-326861) ([md](https://advisorcensus.com/firm/capital-squared-financial-llc-rockville-md-326861.md)) | 326861 | Rockville, MD | SEC-registered investment adviser | $100 million to $500 million | 1 | % of assets, Fixed fee |
| [Carderock Capital Management, Inc.](https://advisorcensus.com/firm/carderock-capital-management-inc-chevy-chase-md-104570) ([md](https://advisorcensus.com/firm/carderock-capital-management-inc-chevy-chase-md-104570.md)) | 104570 | Chevy Chase, MD | SEC-registered investment adviser | $500 million to $1 billion | 39 | % of assets, Hourly |
| [Catharine Fairley Planning Group LLC](https://advisorcensus.com/firm/catharine-fairley-planning-group-llc-frederick-md-169243) ([md](https://advisorcensus.com/firm/catharine-fairley-planning-group-llc-frederick-md-169243.md)) | 169243 | Frederick, MD | State-registered investment adviser | Not reported | 12 | Hourly |
| [Champion Financial Planning Group, LLC](https://advisorcensus.com/firm/champion-financial-planning-group-llc-annapolis-md-126793) ([md](https://advisorcensus.com/firm/champion-financial-planning-group-llc-annapolis-md-126793.md)) | 126793 | Annapolis, MD | State-registered investment adviser | $25 million to $100 million | 14 | % of assets, Fixed fee |
| [Chauche & Associates LLC](https://advisorcensus.com/firm/chauche-and-associates-llc-128239) ([md](https://advisorcensus.com/firm/chauche-and-associates-llc-128239.md)) | 128239 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 14 | % of assets |
| [Chesapeake Financial Advisors](https://advisorcensus.com/firm/chesapeake-financial-advisors-towson-md-120139) ([md](https://advisorcensus.com/firm/chesapeake-financial-advisors-towson-md-120139.md)) | 120139 | Towson, MD | SEC-registered investment adviser | $100 million to $500 million | 9 | % of assets, Hourly, Fixed fee |
| [Clairwell Financial Planning LLC](https://advisorcensus.com/firm/clairwell-financial-planning-llc-328505) ([md](https://advisorcensus.com/firm/clairwell-financial-planning-llc-328505.md)) | 328505 | Not reported, Not reported | State-registered investment adviser | Under $25 million | 2 | % of assets, Hourly, Fixed fee |

- Next page: https://advisorcensus.com/advisors/md/fee-only/page/2.md

## Questions people ask

**How many financial advisory firms are there in Maryland?**
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.

**How many fee-only financial advisors are in Maryland?**
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.

**How many financial advisors in Maryland offer financial planning?**
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.

**Are the financial advisors in Maryland fiduciaries?**
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.

**How do I check whether a financial advisor has disciplinary disclosures?**
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.

**Does AdvisorCensus rate, verify, or recommend these firms?**
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.

**What does regulatory assets under management mean?**
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.

## Related pages

- [Financial advisors in Maryland](https://advisorcensus.com/advisors/md) (https://advisorcensus.com/advisors/md.md)
- [Flat-fee financial advisors in Maryland](https://advisorcensus.com/advisors/md/flat-fee) (https://advisorcensus.com/advisors/md/flat-fee.md)
- [Hourly financial advisors in Maryland](https://advisorcensus.com/advisors/md/hourly) (https://advisorcensus.com/advisors/md/hourly.md)
- [Fee-only financial advisors in Baltimore, MD](https://advisorcensus.com/advisors/md/baltimore/fee-only) (https://advisorcensus.com/advisors/md/baltimore/fee-only.md)
- [Fee-only financial advisors in Salisbury, MD](https://advisorcensus.com/advisors/md/salisbury/fee-only) (https://advisorcensus.com/advisors/md/salisbury/fee-only.md)

Cite as: AdvisorCensus. Fee-only financial advisors in Maryland: 218 firms from Form ADV filings as of October 2026.