{ "path": "/advisors/md", "url": "https://advisorcensus.com/advisors/md/page/6", "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": 6, "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": 144045, "name": "Hepner Financial Services, LLC", "name_as_filed": "HEPNER FINANCIAL SERVICES, LLC", "url": "https://advisorcensus.com/firm/hepner-financial-services-llc-144045", "city": null, "state": null, "years_registered": 19, "raum_band": "25m_100m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 121278, "name": "Hergenroeder Financial Advisors, Inc.", "name_as_filed": "HERGENROEDER FINANCIAL ADVISORS, INC.", "url": "https://advisorcensus.com/firm/hergenroeder-financial-advisors-inc-timonium-md-121278", "city": "Timonium", "state": "MD", "years_registered": 11, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 110420, "name": "Heritage Investors Management Corp", "name_as_filed": "HERITAGE INVESTORS MANAGEMENT CORP", "url": "https://advisorcensus.com/firm/heritage-investors-management-corp-bethesda-md-110420", "city": "Bethesda", "state": "MD", "years_registered": 51, "raum_band": "1b_5b", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 309051, "name": "HF Advisory Group, LLC", "name_as_filed": "HF ADVISORY GROUP, LLC", "url": "https://advisorcensus.com/firm/hf-advisory-group-llc-annapolis-md-309051", "city": "Annapolis", "state": "MD", "years_registered": 4, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 110096, "name": "Hillman Capital Management Inc", "name_as_filed": "HILLMAN CAPITAL MANAGEMENT INC", "url": "https://advisorcensus.com/firm/hillman-capital-management-inc-bethesda-md-110096", "city": "Bethesda", "state": "MD", "years_registered": 26, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum" ], "enhanced": false }, { "crd_number": 341015, "name": "Hisaab Capital, LLC", "name_as_filed": "HISAAB CAPITAL, LLC", "url": "https://advisorcensus.com/firm/hisaab-capital-llc-341015", "city": null, "state": null, "years_registered": 0, "raum_band": "under_25m", "compensation_types": [ "percentage_of_aum", "performance_based" ], "enhanced": false }, { "crd_number": 121809, "name": "Hoffman Financial Consultants", "name_as_filed": "HOFFMAN FINANCIAL CONSULTANTS", "url": "https://advisorcensus.com/firm/hoffman-financial-consultants-121809", "city": null, "state": null, "years_registered": 35, "raum_band": "under_25m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 152540, "name": "Holistic Private Wealth, LLC", "name_as_filed": "HOLISTIC PRIVATE WEALTH, LLC", "url": "https://advisorcensus.com/firm/holistic-private-wealth-llc-towson-md-152540", "city": "Towson", "state": "MD", "years_registered": 16, "raum_band": "not_reported", "compensation_types": [ "fixed" ], "enhanced": false }, { "crd_number": 309766, "name": "Honeygo Financial", "name_as_filed": "HONEYGO FINANCIAL", "url": "https://advisorcensus.com/firm/honeygo-financial-forest-hill-md-309766", "city": "Forest Hill", "state": "MD", "years_registered": 6, "raum_band": "under_25m", "compensation_types": [ "percentage_of_aum", "fixed" ], "enhanced": false }, { "crd_number": 117496, "name": "Houstoun Capital Management, Inc.", "name_as_filed": "HOUSTOUN CAPITAL MANAGEMENT, INC.", "url": "https://advisorcensus.com/firm/houstoun-capital-management-inc-bethesda-md-117496", "city": "Bethesda", "state": "MD", "years_registered": 14, "raum_band": "25m_100m", "compensation_types": [ "percentage_of_aum" ], "enhanced": false }, { "crd_number": 115623, "name": "HR Investment Consultants, Inc.", "name_as_filed": "HR INVESTMENT CONSULTANTS, INC.", "url": "https://advisorcensus.com/firm/hr-investment-consultants-inc-baltimore-md-115623", "city": "Baltimore", "state": "MD", "years_registered": 35, "raum_band": "not_reported", "compensation_types": [ "hourly", "fixed" ], "enhanced": false }, { "crd_number": 291881, "name": "Hull Street Energy", "name_as_filed": "HULL STREET ENERGY", "url": "https://advisorcensus.com/firm/hull-street-energy-bethesda-md-291881", "city": "Bethesda", "state": "MD", "years_registered": 8, "raum_band": "1b_5b", "compensation_types": [ "percentage_of_aum", "performance_based" ], "enhanced": false }, { "crd_number": 109400, "name": "Hussman Strategic Advisors Inc", "name_as_filed": "HUSSMAN STRATEGIC ADVISORS INC", "url": "https://advisorcensus.com/firm/hussman-strategic-advisors-inc-ellicott-city-md-109400", "city": "Ellicott City", "state": "MD", "years_registered": 26, "raum_band": "500m_1b", "compensation_types": [ "percentage_of_aum" ], "enhanced": false }, { "crd_number": 120745, "name": "HWA Financial Group", "name_as_filed": "HWA FINANCIAL GROUP", "url": "https://advisorcensus.com/firm/hwa-financial-group-ellicott-city-md-120745", "city": "Ellicott City", "state": "MD", "years_registered": 8, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 155571, "name": "HY Financial LLC", "name_as_filed": "HY FINANCIAL LLC", "url": "https://advisorcensus.com/firm/hy-financial-llc-155571", "city": null, "state": null, "years_registered": 15, "raum_band": "under_25m", "compensation_types": [ "percentage_of_aum", "hourly" ], "enhanced": false }, { "crd_number": 312268, "name": "HZ Investments Inc.", "name_as_filed": "HZ INVESTMENTS INC.", "url": "https://advisorcensus.com/firm/hz-investments-inc-chevy-chase-md-312268", "city": "Chevy Chase", "state": "MD", "years_registered": 5, "raum_band": "500m_1b", "compensation_types": [ "percentage_of_aum" ], "enhanced": false }, { "crd_number": 316685, "name": "IMB Partners LLC", "name_as_filed": "IMB PARTNERS LLC", "url": "https://advisorcensus.com/firm/imb-partners-llc-bethesda-md-316685", "city": "Bethesda", "state": "MD", "years_registered": 3, "raum_band": "not_reported", "compensation_types": [], "enhanced": false }, { "crd_number": 297413, "name": "Impact Capital, LLC", "name_as_filed": "IMPACT CAPITAL, LLC", "url": "https://advisorcensus.com/firm/impact-capital-llc-rockville-md-297413", "city": "Rockville", "state": "MD", "years_registered": 4, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum", "fixed" ], "enhanced": false }, { "crd_number": 325805, "name": "Impact Financial Life Planning LLC", "name_as_filed": "IMPACT FINANCIAL LIFE PLANNING LLC", "url": "https://advisorcensus.com/firm/impact-financial-life-planning-llc-325805", "city": null, "state": null, "years_registered": 3, "raum_band": "under_25m", "compensation_types": [ "hourly", "fixed" ], "enhanced": false }, { "crd_number": 317840, "name": "Impactassets Capital Partners PB LLC", "name_as_filed": "IMPACTASSETS CAPITAL PARTNERS PB LLC", "url": "https://advisorcensus.com/firm/impactassets-capital-partners-pb-llc-bethesda-md-317840", "city": "Bethesda", "state": "MD", "years_registered": 4, "raum_band": "1b_5b", "compensation_types": [ "percentage_of_aum", "subscription", "fixed" ], "enhanced": false }, { "crd_number": 159923, "name": "Inaltis Capital Management, LLC", "name_as_filed": "INALTIS CAPITAL MANAGEMENT, LLC", "url": "https://advisorcensus.com/firm/inaltis-capital-management-llc-bethesda-md-159923", "city": "Bethesda", "state": "MD", "years_registered": 13, "raum_band": "25m_100m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 305842, "name": "Independent Access Partners, LLC", "name_as_filed": "INDEPENDENT ACCESS PARTNERS, LLC", "url": "https://advisorcensus.com/firm/independent-access-partners-llc-hunt-valley-md-305842", "city": "Hunt Valley", "state": "MD", "years_registered": 2, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum" ], "enhanced": false }, { "crd_number": 159434, "name": "Index Portfolio Tools Advisors", "name_as_filed": "INDEX PORTFOLIO TOOLS ADVISORS", "url": "https://advisorcensus.com/firm/index-portfolio-tools-advisors-159434", "city": null, "state": null, "years_registered": 14, "raum_band": "under_25m", "compensation_types": [ "percentage_of_aum", "fixed" ], "enhanced": false }, { "crd_number": 308109, "name": "Inner Loop Capital Management, LLC", "name_as_filed": "INNER LOOP CAPITAL MANAGEMENT, LLC", "url": "https://advisorcensus.com/firm/inner-loop-capital-management-llc-lutherville-md-308109", "city": "Lutherville", "state": "MD", "years_registered": 3, "raum_band": "not_reported", "compensation_types": [], "enhanced": false }, { "crd_number": 322292, "name": "Innovation X Advisors", "name_as_filed": "INNOVATION X ADVISORS", "url": "https://advisorcensus.com/firm/innovation-x-advisors-rockville-md-322292", "city": "Rockville", "state": "MD", "years_registered": 4, "raum_band": "1b_5b", "compensation_types": [ "percentage_of_aum", "performance_based" ], "enhanced": false }, { "crd_number": 314942, "name": "Innovative Wealth Building LLC", "name_as_filed": "INNOVATIVE WEALTH BUILDING LLC", "url": "https://advisorcensus.com/firm/innovative-wealth-building-llc-california-md-314942", "city": "California", "state": "MD", "years_registered": 5, "raum_band": "500m_1b", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 111940, "name": "Institutional Shareholder Services Inc.", "name_as_filed": "INSTITUTIONAL SHAREHOLDER SERVICES INC.", "url": "https://advisorcensus.com/firm/institutional-shareholder-services-inc-rockville-md-111940", "city": "Rockville", "state": "MD", "years_registered": 28, "raum_band": "not_reported", "compensation_types": [ "subscription", "fixed", "other" ], "enhanced": false }, { "crd_number": 104614, "name": "Intervest Ltd", "name_as_filed": "INTERVEST LTD", "url": "https://advisorcensus.com/firm/intervest-ltd-chevy-chase-md-104614", "city": "Chevy Chase", "state": "MD", "years_registered": 40, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 165624, "name": "Investment Group Management LLC", "name_as_filed": "INVESTMENT GROUP MANAGEMENT LLC", "url": "https://advisorcensus.com/firm/investment-group-management-llc-potomac-md-165624", "city": "Potomac", "state": "MD", "years_registered": 0, "raum_band": "not_reported", "compensation_types": [], "enhanced": false }, { "crd_number": 324008, "name": "Investream", "name_as_filed": "INVESTREAM", "url": "https://advisorcensus.com/firm/investream-324008", "city": null, "state": null, "years_registered": 3, "raum_band": "under_25m", "compensation_types": [ "percentage_of_aum", "fixed" ], "enhanced": false }, { "crd_number": 327578, "name": "Islands East Advisors", "name_as_filed": "ISLANDS EAST ADVISORS", "url": "https://advisorcensus.com/firm/islands-east-advisors-chester-md-327578", "city": "Chester", "state": "MD", "years_registered": 3, "raum_band": "under_25m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 153244, "name": "Ithaka Financial Planning, LLC", "name_as_filed": "ITHAKA FINANCIAL PLANNING, LLC", "url": "https://advisorcensus.com/firm/ithaka-financial-planning-llc-chevy-chase-md-153244", "city": "Chevy Chase", "state": "MD", "years_registered": 16, "raum_band": "25m_100m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 119145, "name": "Ivy League Financial Advisors LLC", "name_as_filed": "IVY LEAGUE FINANCIAL ADVISORS LLC", "url": "https://advisorcensus.com/firm/ivy-league-financial-advisors-llc-rockville-md-119145", "city": "Rockville", "state": "MD", "years_registered": 20, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 332923, "name": "Izuchi LLC", "name_as_filed": "IZUCHI LLC", "url": "https://advisorcensus.com/firm/izuchi-llc-beltsville-md-332923", "city": "Beltsville", "state": "MD", "years_registered": 1, "raum_band": "under_25m", "compensation_types": [ "fixed" ], "enhanced": false }, { "crd_number": 116102, "name": "Jacques Advisors, LLC", "name_as_filed": "JACQUES ADVISORS, LLC", "url": "https://advisorcensus.com/firm/jacques-advisors-llc-rockville-md-116102", "city": "Rockville", "state": "MD", "years_registered": 26, "raum_band": "25m_100m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 175291, "name": "Jasper Capital Management, L.P.", "name_as_filed": "JASPER CAPITAL MANAGEMENT, L.P.", "url": "https://advisorcensus.com/firm/jasper-capital-management-l-p-chevy-chase-md-175291", "city": "Chevy Chase", "state": "MD", "years_registered": 0, "raum_band": "not_reported", "compensation_types": [], "enhanced": false }, { "crd_number": 132149, "name": "JBA Financial Advisors", "name_as_filed": "JBA FINANCIAL ADVISORS", "url": "https://advisorcensus.com/firm/jba-financial-advisors-timonium-md-132149", "city": "Timonium", "state": "MD", "years_registered": 19, "raum_band": "25m_100m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed", "other" ], "enhanced": false }, { "crd_number": 284198, "name": "Jemma Financial Services", "name_as_filed": "JEMMA FINANCIAL SERVICES", "url": "https://advisorcensus.com/firm/jemma-financial-services-baltimore-md-284198", "city": "Baltimore", "state": "MD", "years_registered": 3, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum" ], "enhanced": false }, { "crd_number": 158344, "name": "JMI Management, L.P.", "name_as_filed": "JMI MANAGEMENT, L.P.", "url": "https://advisorcensus.com/firm/jmi-management-l-p-baltimore-md-158344", "city": "Baltimore", "state": "MD", "years_registered": 12, "raum_band": "over_5b", "compensation_types": [ "percentage_of_aum", "performance_based" ], "enhanced": false }, { "crd_number": 337294, "name": "John Funderburk, LLC", "name_as_filed": "JOHN FUNDERBURK, LLC", "url": "https://advisorcensus.com/firm/john-funderburk-llc-337294", "city": null, "state": null, "years_registered": 0, "raum_band": "under_25m", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 159961, "name": "JPB Partners", "name_as_filed": "JPB PARTNERS", "url": "https://advisorcensus.com/firm/jpb-partners-hanover-md-159961", "city": "Hanover", "state": "MD", "years_registered": 14, "raum_band": "not_reported", "compensation_types": [], "enhanced": false }, { "crd_number": 142039, "name": "JRM Capital Management Inc.", "name_as_filed": "JRM CAPITAL MANAGEMENT INC.", "url": "https://advisorcensus.com/firm/jrm-capital-management-inc-142039", "city": null, "state": null, "years_registered": 16, "raum_band": "under_25m", "compensation_types": [ "percentage_of_aum", "hourly", "subscription", "fixed", "performance_based" ], "enhanced": false }, { "crd_number": 336253, "name": "JSB Capital Group LLC", "name_as_filed": "JSB CAPITAL GROUP LLC", "url": "https://advisorcensus.com/firm/jsb-capital-group-llc-baltimore-md-336253", "city": "Baltimore", "state": "MD", "years_registered": 1, "raum_band": "not_reported", "compensation_types": [], "enhanced": false }, { "crd_number": 311713, "name": "JWC Capital Management, LLC", "name_as_filed": "JWC CAPITAL MANAGEMENT, LLC", "url": "https://advisorcensus.com/firm/jwc-capital-management-llc-annapolis-md-311713", "city": "Annapolis", "state": "MD", "years_registered": 5, "raum_band": "under_25m", "compensation_types": [ "percentage_of_aum" ], "enhanced": false }, { "crd_number": 284328, "name": "Kalamata Asset Management LLC", "name_as_filed": "KALAMATA ASSET MANAGEMENT LLC", "url": "https://advisorcensus.com/firm/kalamata-asset-management-llc-bethesda-md-284328", "city": "Bethesda", "state": "MD", "years_registered": 9, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum", "performance_based", "other" ], "enhanced": false }, { "crd_number": 146525, "name": "Katalgar Capital Management, LLC", "name_as_filed": "KATALGAR CAPITAL MANAGEMENT, LLC", "url": "https://advisorcensus.com/firm/katalgar-capital-management-llc-146525", "city": null, "state": null, "years_registered": 18, "raum_band": "25m_100m", "compensation_types": [ "percentage_of_aum", "hourly" ], "enhanced": false }, { "crd_number": 131318, "name": "Kawg&f Financial Planning Group LLC", "name_as_filed": "KAWG&F FINANCIAL PLANNING GROUP LLC", "url": "https://advisorcensus.com/firm/kawg-and-f-financial-planning-group-llc-timonium-md-131318", "city": "Timonium", "state": "MD", "years_registered": 21, "raum_band": "not_reported", "compensation_types": [ "other" ], "enhanced": false }, { "crd_number": 155433, "name": "KBSTM Partners, LLC", "name_as_filed": "KBSTM PARTNERS, LLC", "url": "https://advisorcensus.com/firm/kbstm-partners-llc-timonium-md-155433", "city": "Timonium", "state": "MD", "years_registered": 15, "raum_band": "not_reported", "compensation_types": [ "other" ], "enhanced": false }, { "crd_number": 134740, "name": "Kendall Capital Management", "name_as_filed": "KENDALL CAPITAL MANAGEMENT", "url": "https://advisorcensus.com/firm/kendall-capital-management-rockville-md-134740", "city": "Rockville", "state": "MD", "years_registered": 12, "raum_band": "500m_1b", "compensation_types": [ "percentage_of_aum", "fixed" ], "enhanced": false }, { "crd_number": 139521, "name": "Kilner Capital Advisors, LLC", "name_as_filed": "KILNER CAPITAL ADVISORS, LLC", "url": "https://advisorcensus.com/firm/kilner-capital-advisors-llc-gaithersburg-md-139521", "city": "Gaithersburg", "state": "MD", "years_registered": 18, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum" ], "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" } }