{
  "path": "/advisors/md",
  "url": "https://advisorcensus.com/advisors/md/page/7",
  "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": 7,
  "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": 144453,
      "name": "Kinetic Ventures, L.L.C.",
      "name_as_filed": "KINETIC VENTURES, L.L.C.",
      "url": "https://advisorcensus.com/firm/kinetic-ventures-l-l-c-chevy-chase-md-144453",
      "city": "Chevy Chase",
      "state": "MD",
      "years_registered": 5,
      "raum_band": "not_reported",
      "compensation_types": [],
      "enhanced": false
    },
    {
      "crd_number": 170612,
      "name": "Kirk Investment Advisors LLC",
      "name_as_filed": "KIRK INVESTMENT ADVISORS LLC",
      "url": "https://advisorcensus.com/firm/kirk-investment-advisors-llc-columbia-md-170612",
      "city": "Columbia",
      "state": "MD",
      "years_registered": 12,
      "raum_band": "not_reported",
      "compensation_types": [
        "other"
      ],
      "enhanced": false
    },
    {
      "crd_number": 292197,
      "name": "Kluz Ventures",
      "name_as_filed": "KLUZ VENTURES",
      "url": "https://advisorcensus.com/firm/kluz-ventures-rockville-md-292197",
      "city": "Rockville",
      "state": "MD",
      "years_registered": 3,
      "raum_band": "not_reported",
      "compensation_types": [],
      "enhanced": false
    },
    {
      "crd_number": 152805,
      "name": "KRH Investments, LLC",
      "name_as_filed": "KRH INVESTMENTS, LLC",
      "url": "https://advisorcensus.com/firm/krh-investments-llc-152805",
      "city": null,
      "state": null,
      "years_registered": 8,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly"
      ],
      "enhanced": false
    },
    {
      "crd_number": 107908,
      "name": "L. K. Benson & Company, P.C.",
      "name_as_filed": "L. K. BENSON & COMPANY, P.C.",
      "url": "https://advisorcensus.com/firm/l-k-benson-and-company-p-c-timonium-md-107908",
      "city": "Timonium",
      "state": "MD",
      "years_registered": 31,
      "raum_band": "100m_500m",
      "compensation_types": [
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 22471,
      "name": "Lafayette Investments, Inc.",
      "name_as_filed": "LAFAYETTE INVESTMENTS, INC.",
      "url": "https://advisorcensus.com/firm/lafayette-investments-inc-ashton-md-22471",
      "city": "Ashton",
      "state": "MD",
      "years_registered": 38,
      "raum_band": "500m_1b",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 318882,
      "name": "Larocque Financial Group, LLC",
      "name_as_filed": "LAROCQUE FINANCIAL GROUP, LLC",
      "url": "https://advisorcensus.com/firm/larocque-financial-group-llc-318882",
      "city": null,
      "state": null,
      "years_registered": 4,
      "raum_band": "not_reported",
      "compensation_types": [
        "other"
      ],
      "enhanced": false
    },
    {
      "crd_number": 111179,
      "name": "Lasalle Investment Management Securities",
      "name_as_filed": "LASALLE INVESTMENT MANAGEMENT SECURITIES",
      "url": "https://advisorcensus.com/firm/lasalle-investment-management-securities-baltimore-md-111179",
      "city": "Baltimore",
      "state": "MD",
      "years_registered": 31,
      "raum_band": "1b_5b",
      "compensation_types": [
        "percentage_of_aum",
        "performance_based"
      ],
      "enhanced": false
    },
    {
      "crd_number": 188516,
      "name": "Laser Wealth Management, LC",
      "name_as_filed": "LASER WEALTH MANAGEMENT, LC",
      "url": "https://advisorcensus.com/firm/laser-wealth-management-lc-kensington-md-188516",
      "city": "Kensington",
      "state": "MD",
      "years_registered": 11,
      "raum_band": "not_reported",
      "compensation_types": [
        "hourly",
        "fixed",
        "other"
      ],
      "enhanced": false
    },
    {
      "crd_number": 105350,
      "name": "Law & Associates Inc",
      "name_as_filed": "LAW & ASSOCIATES INC",
      "url": "https://advisorcensus.com/firm/law-and-associates-inc-glen-echo-md-105350",
      "city": "Glen Echo",
      "state": "MD",
      "years_registered": 44,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed",
        "other"
      ],
      "enhanced": false
    },
    {
      "crd_number": 325683,
      "name": "Leader Investments LLC",
      "name_as_filed": "LEADER INVESTMENTS LLC",
      "url": "https://advisorcensus.com/firm/leader-investments-llc-325683",
      "city": null,
      "state": null,
      "years_registered": 2,
      "raum_band": "not_reported",
      "compensation_types": [
        "hourly"
      ],
      "enhanced": false
    },
    {
      "crd_number": 120725,
      "name": "Lee Financial Associates, Inc.",
      "name_as_filed": "LEE FINANCIAL ASSOCIATES, INC.",
      "url": "https://advisorcensus.com/firm/lee-financial-associates-inc-ellicott-city-md-120725",
      "city": "Ellicott City",
      "state": "MD",
      "years_registered": 34,
      "raum_band": "not_reported",
      "compensation_types": [
        "hourly",
        "fixed",
        "other"
      ],
      "enhanced": false
    },
    {
      "crd_number": 121803,
      "name": "Lee Financial Group, Inc.",
      "name_as_filed": "LEE FINANCIAL GROUP, INC.",
      "url": "https://advisorcensus.com/firm/lee-financial-group-inc-columbia-md-121803",
      "city": "Columbia",
      "state": "MD",
      "years_registered": 35,
      "raum_band": "not_reported",
      "compensation_types": [
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 331717,
      "name": "Lee, Kelleher & Klein Wealth Management",
      "name_as_filed": "LEE, KELLEHER & KLEIN WEALTH MANAGEMENT",
      "url": "https://advisorcensus.com/firm/lee-kelleher-and-klein-wealth-management-ellicott-city-md-331717",
      "city": "Ellicott City",
      "state": "MD",
      "years_registered": 2,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 335357,
      "name": "Legacy Financial Advisors",
      "name_as_filed": "LEGACY FINANCIAL ADVISORS",
      "url": "https://advisorcensus.com/firm/legacy-financial-advisors-towson-md-335357",
      "city": "Towson",
      "state": "MD",
      "years_registered": 1,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 277057,
      "name": "Legacy Investing & Wealth Management LLC",
      "name_as_filed": "LEGACY INVESTING & WEALTH MANAGEMENT LLC",
      "url": "https://advisorcensus.com/firm/legacy-investing-and-wealth-management-llc-277057",
      "city": null,
      "state": null,
      "years_registered": 11,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 143249,
      "name": "Lenet Financial Resources, LLC",
      "name_as_filed": "LENET FINANCIAL RESOURCES, LLC",
      "url": "https://advisorcensus.com/firm/lenet-financial-resources-llc-143249",
      "city": null,
      "state": null,
      "years_registered": 19,
      "raum_band": "not_reported",
      "compensation_types": [
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 308335,
      "name": "Lenz Integrity Financial",
      "name_as_filed": "LENZ INTEGRITY FINANCIAL",
      "url": "https://advisorcensus.com/firm/lenz-integrity-financial-308335",
      "city": null,
      "state": null,
      "years_registered": 6,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 305002,
      "name": "LGG Financial",
      "name_as_filed": "LGG FINANCIAL",
      "url": "https://advisorcensus.com/firm/lgg-financial-bethesda-md-305002",
      "city": "Bethesda",
      "state": "MD",
      "years_registered": 7,
      "raum_band": "500m_1b",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 282550,
      "name": "Lifeforce Capital Management, LLC",
      "name_as_filed": "LIFEFORCE CAPITAL MANAGEMENT, LLC",
      "url": "https://advisorcensus.com/firm/lifeforce-capital-management-llc-chevy-chase-md-282550",
      "city": "Chevy Chase",
      "state": "MD",
      "years_registered": 6,
      "raum_band": "not_reported",
      "compensation_types": [],
      "enhanced": false
    },
    {
      "crd_number": 312171,
      "name": "Lifetime Financial",
      "name_as_filed": "LIFETIME FINANCIAL",
      "url": "https://advisorcensus.com/firm/lifetime-financial-takoma-park-md-312171",
      "city": "Takoma Park",
      "state": "MD",
      "years_registered": 5,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 339044,
      "name": "Lightcone Ventures",
      "name_as_filed": "LIGHTCONE VENTURES",
      "url": "https://advisorcensus.com/firm/lightcone-ventures-rockville-md-339044",
      "city": "Rockville",
      "state": "MD",
      "years_registered": 0,
      "raum_band": "not_reported",
      "compensation_types": [],
      "enhanced": false
    },
    {
      "crd_number": 311865,
      "name": "Lockstep Financial LLC",
      "name_as_filed": "LOCKSTEP FINANCIAL LLC",
      "url": "https://advisorcensus.com/firm/lockstep-financial-llc-311865",
      "city": null,
      "state": null,
      "years_registered": 5,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "other"
      ],
      "enhanced": false
    },
    {
      "crd_number": 108231,
      "name": "Lombard Advisers Incorporated",
      "name_as_filed": "LOMBARD ADVISERS INCORPORATED",
      "url": "https://advisorcensus.com/firm/lombard-advisers-incorporated-baltimore-md-108231",
      "city": "Baltimore",
      "state": "MD",
      "years_registered": 7,
      "raum_band": "500m_1b",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 326760,
      "name": "Longevity Venture Partners Management, LP",
      "name_as_filed": "LONGEVITY VENTURE PARTNERS MANAGEMENT, LP",
      "url": "https://advisorcensus.com/firm/longevity-venture-partners-management-lp-pikesville-md-326760",
      "city": "Pikesville",
      "state": "MD",
      "years_registered": 1,
      "raum_band": "not_reported",
      "compensation_types": [],
      "enhanced": false
    },
    {
      "crd_number": 149621,
      "name": "Macroview Investment Management LLC",
      "name_as_filed": "MACROVIEW INVESTMENT MANAGEMENT LLC",
      "url": "https://advisorcensus.com/firm/macroview-investment-management-llc-bethesda-md-149621",
      "city": "Bethesda",
      "state": "MD",
      "years_registered": 16,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed",
        "other"
      ],
      "enhanced": false
    },
    {
      "crd_number": 121797,
      "name": "Main Street Advisors, LLC",
      "name_as_filed": "MAIN STREET ADVISORS, LLC",
      "url": "https://advisorcensus.com/firm/main-street-advisors-llc-westminster-md-121797",
      "city": "Westminster",
      "state": "MD",
      "years_registered": 14,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 282983,
      "name": "Maple Lawn Financial Services, LLC",
      "name_as_filed": "MAPLE LAWN FINANCIAL SERVICES, LLC",
      "url": "https://advisorcensus.com/firm/maple-lawn-financial-services-llc-282983",
      "city": null,
      "state": null,
      "years_registered": 10,
      "raum_band": "not_reported",
      "compensation_types": [
        "other"
      ],
      "enhanced": false
    },
    {
      "crd_number": 119416,
      "name": "Marathon Capital Management",
      "name_as_filed": "MARATHON CAPITAL MANAGEMENT",
      "url": "https://advisorcensus.com/firm/marathon-capital-management-hunt-valley-md-119416",
      "city": "Hunt Valley",
      "state": "MD",
      "years_registered": 22,
      "raum_band": "500m_1b",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 175069,
      "name": "Marathon Micro Partners, LLC",
      "name_as_filed": "MARATHON MICRO PARTNERS, LLC",
      "url": "https://advisorcensus.com/firm/marathon-micro-partners-llc-hunt-valley-md-175069",
      "city": "Hunt Valley",
      "state": "MD",
      "years_registered": 10,
      "raum_band": "not_reported",
      "compensation_types": [],
      "enhanced": false
    },
    {
      "crd_number": 310534,
      "name": "Marks Wealth Management",
      "name_as_filed": "MARKS WEALTH MANAGEMENT",
      "url": "https://advisorcensus.com/firm/marks-wealth-management-ellicott-city-md-310534",
      "city": "Ellicott City",
      "state": "MD",
      "years_registered": 6,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 319068,
      "name": "Marlinspike Partners LLC",
      "name_as_filed": "MARLINSPIKE PARTNERS LLC",
      "url": "https://advisorcensus.com/firm/marlinspike-partners-llc-annapolis-md-319068",
      "city": "Annapolis",
      "state": "MD",
      "years_registered": 0,
      "raum_band": "not_reported",
      "compensation_types": [],
      "enhanced": false
    },
    {
      "crd_number": 134875,
      "name": "Maryland Capital Advisors, Inc.",
      "name_as_filed": "MARYLAND CAPITAL ADVISORS, INC.",
      "url": "https://advisorcensus.com/firm/maryland-capital-advisors-inc-chester-md-134875",
      "city": "Chester",
      "state": "MD",
      "years_registered": 18,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 329532,
      "name": "Mauloa Management, LLC",
      "name_as_filed": "MAULOA MANAGEMENT, LLC",
      "url": "https://advisorcensus.com/firm/mauloa-management-llc-potomac-md-329532",
      "city": "Potomac",
      "state": "MD",
      "years_registered": 2,
      "raum_band": "not_reported",
      "compensation_types": [],
      "enhanced": false
    },
    {
      "crd_number": 326584,
      "name": "Maxwell Family Office, LLC",
      "name_as_filed": "MAXWELL FAMILY OFFICE, LLC",
      "url": "https://advisorcensus.com/firm/maxwell-family-office-llc-326584",
      "city": null,
      "state": null,
      "years_registered": 2,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "fixed",
        "other"
      ],
      "enhanced": false
    },
    {
      "crd_number": 170054,
      "name": "McClelland Wesley Wealth Management",
      "name_as_filed": "MCCLELLAND WESLEY WEALTH MANAGEMENT",
      "url": "https://advisorcensus.com/firm/mcclelland-wesley-wealth-management-170054",
      "city": null,
      "state": null,
      "years_registered": 12,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly"
      ],
      "enhanced": false
    },
    {
      "crd_number": 155892,
      "name": "McQuade, Kathleen Mary",
      "name_as_filed": "MCQUADE, KATHLEEN MARY",
      "url": "https://advisorcensus.com/firm/mcquade-kathleen-mary-155892",
      "city": null,
      "state": null,
      "years_registered": 15,
      "raum_band": "not_reported",
      "compensation_types": [
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 325950,
      "name": "MDRN Capital",
      "name_as_filed": "MDRN CAPITAL",
      "url": "https://advisorcensus.com/firm/mdrn-capital-annapolis-md-325950",
      "city": "Annapolis",
      "state": "MD",
      "years_registered": 2,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 116436,
      "name": "Meridian Financial Group",
      "name_as_filed": "MERIDIAN FINANCIAL GROUP",
      "url": "https://advisorcensus.com/firm/meridian-financial-group-116436",
      "city": null,
      "state": null,
      "years_registered": 28,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "commissions"
      ],
      "enhanced": false
    },
    {
      "crd_number": 336539,
      "name": "Meritis Wealth Management, Inc.",
      "name_as_filed": "MERITIS WEALTH MANAGEMENT, INC.",
      "url": "https://advisorcensus.com/firm/meritis-wealth-management-inc-potomac-md-336539",
      "city": "Potomac",
      "state": "MD",
      "years_registered": 1,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly"
      ],
      "enhanced": false
    },
    {
      "crd_number": 338023,
      "name": "Meta Wealth Advisory",
      "name_as_filed": "META WEALTH ADVISORY",
      "url": "https://advisorcensus.com/firm/meta-wealth-advisory-timonium-md-338023",
      "city": "Timonium",
      "state": "MD",
      "years_registered": 1,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly"
      ],
      "enhanced": false
    },
    {
      "crd_number": 171697,
      "name": "MG Financial Services",
      "name_as_filed": "MG FINANCIAL SERVICES",
      "url": "https://advisorcensus.com/firm/mg-financial-services-171697",
      "city": null,
      "state": null,
      "years_registered": 12,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 285820,
      "name": "Midcap Financial Services Capital Management, LLC",
      "name_as_filed": "MIDCAP FINANCIAL SERVICES CAPITAL MANAGEMENT, LLC",
      "url": "https://advisorcensus.com/firm/midcap-financial-services-capital-management-llc-bethesda-md-285820",
      "city": "Bethesda",
      "state": "MD",
      "years_registered": 9,
      "raum_band": "over_5b",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 155334,
      "name": "Middleton Advisory",
      "name_as_filed": "MIDDLETON ADVISORY",
      "url": "https://advisorcensus.com/firm/middleton-advisory-bethesda-md-155334",
      "city": "Bethesda",
      "state": "MD",
      "years_registered": 15,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 118082,
      "name": "Millennium Financial Services LLP",
      "name_as_filed": "MILLENNIUM FINANCIAL SERVICES LLP",
      "url": "https://advisorcensus.com/firm/millennium-financial-services-llp-rockville-md-118082",
      "city": "Rockville",
      "state": "MD",
      "years_registered": 29,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly"
      ],
      "enhanced": false
    },
    {
      "crd_number": 115475,
      "name": "Miller Capital Management, Inc.",
      "name_as_filed": "MILLER CAPITAL MANAGEMENT, INC.",
      "url": "https://advisorcensus.com/firm/miller-capital-management-inc-bethesda-md-115475",
      "city": "Bethesda",
      "state": "MD",
      "years_registered": 23,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly"
      ],
      "enhanced": false
    },
    {
      "crd_number": 328260,
      "name": "Monarch Financial, LLC",
      "name_as_filed": "MONARCH FINANCIAL, LLC",
      "url": "https://advisorcensus.com/firm/monarch-financial-llc-328260",
      "city": null,
      "state": null,
      "years_registered": 2,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 104694,
      "name": "Money Plans",
      "name_as_filed": "MONEY PLANS",
      "url": "https://advisorcensus.com/firm/money-plans-silver-spring-md-104694",
      "city": "Silver Spring",
      "state": "MD",
      "years_registered": 14,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 315979,
      "name": "Monocacy Wealth Management, LLC",
      "name_as_filed": "MONOCACY WEALTH MANAGEMENT, LLC",
      "url": "https://advisorcensus.com/firm/monocacy-wealth-management-llc-frederick-md-315979",
      "city": "Frederick",
      "state": "MD",
      "years_registered": 4,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 170024,
      "name": "Montgomery Financial",
      "name_as_filed": "MONTGOMERY FINANCIAL",
      "url": "https://advisorcensus.com/firm/montgomery-financial-ocean-city-md-170024",
      "city": "Ocean City",
      "state": "MD",
      "years_registered": 2,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed",
        "other"
      ],
      "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"
  }
}