{
  "path": "/advisors/me/portland/fee-only",
  "url": "https://advisorcensus.com/advisors/me/portland/fee-only",
  "page_type": "metro_fee",
  "title": "Fee-only financial advisors in Portland, ME",
  "filters": {},
  "scope_total": 24,
  "faq": [
    {
      "q": "How many financial advisory firms are there in Portland, ME?",
      "a": "AdvisorCensus lists 47 investment advisory firms with a principal office in the Portland metro area, from Form ADV filings as of October 2026: 23 SEC-registered, 20 state-registered, and 4 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 Portland, ME?",
      "a": "24 of the 47 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 Portland, ME offer financial planning?",
      "a": "33 of the 43 firms in Portland, ME 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 Portland, ME 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 24 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 24 investment advisory firms with a principal office in the Portland metro area 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.",
  "about_market": "Portland has 47 investment advisory firms with a principal office in the metro area as of October 2026: 23 SEC-registered, 20 state-registered, and 4 exempt reporting advisers. 24 of them meet AdvisorCensus's fee-only test (paid only by client fees, with no sales-related compensation ties such as an employee registered with a broker-dealer or licensed as an insurance agent), and 18 report under $100 million in regulatory assets under management. The metro area has 240,027 households, 32,946 of them with income of $200,000 or more, or 701 such households for each firm (Census Bureau, American Community Survey 2020–2024 5-year estimates).",
  "citation": "AdvisorCensus. Fee-only financial advisors in Portland, ME: 24 firms from Form ADV filings as of October 2026.",
  "total_firms": 24,
  "page": 1,
  "total_pages": 1,
  "sort": "name",
  "registration_types": {
    "sec": 15,
    "state": 9,
    "exempt": 0
  },
  "fee_model_mix": [
    {
      "code": "fee-only",
      "count": 24
    },
    {
      "code": "percentage_of_aum",
      "count": 21
    },
    {
      "code": "hourly",
      "count": 13
    },
    {
      "code": "subscription",
      "count": 0
    },
    {
      "code": "fixed",
      "count": 16
    },
    {
      "code": "commissions",
      "count": 0
    },
    {
      "code": "performance_based",
      "count": 0
    },
    {
      "code": "other",
      "count": 0
    },
    {
      "code": "not_reported",
      "count": 0
    }
  ],
  "years_registered_distribution": [
    {
      "code": "under_5",
      "count": 7
    },
    {
      "code": "5_to_9",
      "count": 4
    },
    {
      "code": "10_to_19",
      "count": 3
    },
    {
      "code": "20_plus",
      "count": 10
    },
    {
      "code": "not_reported",
      "count": 0
    }
  ],
  "raum_band_distribution": [
    {
      "code": "under_25m",
      "count": 4
    },
    {
      "code": "25m_100m",
      "count": 4
    },
    {
      "code": "100m_500m",
      "count": 6
    },
    {
      "code": "500m_1b",
      "count": 5
    },
    {
      "code": "1b_5b",
      "count": 1
    },
    {
      "code": "over_5b",
      "count": 2
    },
    {
      "code": "not_reported",
      "count": 2
    }
  ],
  "firms": [
    {
      "crd_number": 174407,
      "name": "Abbington Investment Group, LLC",
      "name_as_filed": "ABBINGTON INVESTMENT GROUP, LLC",
      "url": "https://advisorcensus.com/firm/abbington-investment-group-llc-south-portland-me-174407",
      "city": "South Portland",
      "state": "ME",
      "years_registered": 2,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 143733,
      "name": "Bigelow Investment Advisors, LLC",
      "name_as_filed": "BIGELOW INVESTMENT ADVISORS, LLC",
      "url": "https://advisorcensus.com/firm/bigelow-investment-advisors-llc-portland-me-143733",
      "city": "Portland",
      "state": "ME",
      "years_registered": 19,
      "raum_band": "500m_1b",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 118985,
      "name": "Bogue Asset Management LLC",
      "name_as_filed": "BOGUE ASSET MANAGEMENT LLC",
      "url": "https://advisorcensus.com/firm/bogue-asset-management-llc-north-berwick-me-118985",
      "city": "North Berwick",
      "state": "ME",
      "years_registered": 28,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 107991,
      "name": "Clark & Stuart Inc",
      "name_as_filed": "CLARK & STUART INC",
      "url": "https://advisorcensus.com/firm/clark-and-stuart-inc-portland-me-107991",
      "city": "Portland",
      "state": "ME",
      "years_registered": 8,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 330467,
      "name": "Flying Point Advisors",
      "name_as_filed": "FLYING POINT ADVISORS",
      "url": "https://advisorcensus.com/firm/flying-point-advisors-freeport-me-330467",
      "city": "Freeport",
      "state": "ME",
      "years_registered": 2,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 161000,
      "name": "Guidance Point Retirement Services, LLC",
      "name_as_filed": "GUIDANCE POINT RETIREMENT SERVICES, LLC",
      "url": "https://advisorcensus.com/firm/guidance-point-retirement-services-llc-portland-me-161000",
      "city": "Portland",
      "state": "ME",
      "years_registered": 14,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 2993,
      "name": "H.M. Payson",
      "name_as_filed": "H.M. PAYSON",
      "url": "https://advisorcensus.com/firm/h-m-payson-portland-me-2993",
      "city": "Portland",
      "state": "ME",
      "years_registered": 60,
      "raum_band": "over_5b",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 168996,
      "name": "Harpswell Capital Advisors, LLC",
      "name_as_filed": "HARPSWELL CAPITAL ADVISORS, LLC",
      "url": "https://advisorcensus.com/firm/harpswell-capital-advisors-llc-yarmouth-me-168996",
      "city": "Yarmouth",
      "state": "ME",
      "years_registered": 9,
      "raum_band": "500m_1b",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 140518,
      "name": "Headinvest",
      "name_as_filed": "HEADINVEST",
      "url": "https://advisorcensus.com/firm/headinvest-portland-me-140518",
      "city": "Portland",
      "state": "ME",
      "years_registered": 20,
      "raum_band": "500m_1b",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 322060,
      "name": "Intent Advice, Inc.",
      "name_as_filed": "INTENT ADVICE, INC.",
      "url": "https://advisorcensus.com/firm/intent-advice-inc-yarmouth-me-322060",
      "city": "Yarmouth",
      "state": "ME",
      "years_registered": 2,
      "raum_band": "not_reported",
      "compensation_types": [
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 311679,
      "name": "Maine Advisory Associates",
      "name_as_filed": "MAINE ADVISORY ASSOCIATES",
      "url": "https://advisorcensus.com/firm/maine-advisory-associates-falmouth-me-311679",
      "city": "Falmouth",
      "state": "ME",
      "years_registered": 0,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 338732,
      "name": "Northwater Capital",
      "name_as_filed": "NORTHWATER CAPITAL",
      "url": "https://advisorcensus.com/firm/northwater-capital-portland-me-338732",
      "city": "Portland",
      "state": "ME",
      "years_registered": 0,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly"
      ],
      "enhanced": false
    },
    {
      "crd_number": 108228,
      "name": "Old Port Advisors",
      "name_as_filed": "OLD PORT ADVISORS",
      "url": "https://advisorcensus.com/firm/old-port-advisors-portland-me-108228",
      "city": "Portland",
      "state": "ME",
      "years_registered": 25,
      "raum_band": "500m_1b",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 291413,
      "name": "Outfitter Financial",
      "name_as_filed": "OUTFITTER FINANCIAL",
      "url": "https://advisorcensus.com/firm/outfitter-financial-brunswick-me-291413",
      "city": "Brunswick",
      "state": "ME",
      "years_registered": 8,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 286211,
      "name": "Penobscot Financial Advisors",
      "name_as_filed": "PENOBSCOT FINANCIAL ADVISORS",
      "url": "https://advisorcensus.com/firm/penobscot-financial-advisors-portland-me-286211",
      "city": "Portland",
      "state": "ME",
      "years_registered": 9,
      "raum_band": "500m_1b",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 129889,
      "name": "Pine Capital",
      "name_as_filed": "PINE CAPITAL",
      "url": "https://advisorcensus.com/firm/pine-capital-portland-me-129889",
      "city": "Portland",
      "state": "ME",
      "years_registered": 26,
      "raum_band": "25m_100m",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    },
    {
      "crd_number": 116168,
      "name": "Portland Financial Planning Group",
      "name_as_filed": "PORTLAND FINANCIAL PLANNING GROUP",
      "url": "https://advisorcensus.com/firm/portland-financial-planning-group-portland-me-116168",
      "city": "Portland",
      "state": "ME",
      "years_registered": 27,
      "raum_band": "25m_100m",
      "compensation_types": [
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 109127,
      "name": "Portland Global Advisors LLC",
      "name_as_filed": "PORTLAND GLOBAL ADVISORS LLC",
      "url": "https://advisorcensus.com/firm/portland-global-advisors-llc-portland-me-109127",
      "city": "Portland",
      "state": "ME",
      "years_registered": 29,
      "raum_band": "1b_5b",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 105448,
      "name": "R M Davis Inc",
      "name_as_filed": "R M DAVIS INC",
      "url": "https://advisorcensus.com/firm/r-m-davis-inc-portland-me-105448",
      "city": "Portland",
      "state": "ME",
      "years_registered": 48,
      "raum_band": "over_5b",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 123098,
      "name": "Robinson Smith Wealth Advisors, LLC",
      "name_as_filed": "ROBINSON SMITH WEALTH ADVISORS, LLC",
      "url": "https://advisorcensus.com/firm/robinson-smith-wealth-advisors-llc-south-portland-me-123098",
      "city": "South Portland",
      "state": "ME",
      "years_registered": 22,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 123127,
      "name": "The Gold Company",
      "name_as_filed": "THE GOLD COMPANY",
      "url": "https://advisorcensus.com/firm/the-gold-company-old-orchard-beach-me-123127",
      "city": "Old Orchard Beach",
      "state": "ME",
      "years_registered": 30,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly"
      ],
      "enhanced": false
    },
    {
      "crd_number": 338578,
      "name": "Tributaries Financial Planning LLC",
      "name_as_filed": "TRIBUTARIES FINANCIAL PLANNING LLC",
      "url": "https://advisorcensus.com/firm/tributaries-financial-planning-llc-saco-me-338578",
      "city": "Saco",
      "state": "ME",
      "years_registered": 0,
      "raum_band": "under_25m",
      "compensation_types": [
        "percentage_of_aum",
        "hourly",
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 165667,
      "name": "Verdia",
      "name_as_filed": "VERDIA",
      "url": "https://advisorcensus.com/firm/verdia-standish-me-165667",
      "city": "Standish",
      "state": "ME",
      "years_registered": 11,
      "raum_band": "not_reported",
      "compensation_types": [
        "fixed"
      ],
      "enhanced": false
    },
    {
      "crd_number": 307252,
      "name": "Wright Cove Capital",
      "name_as_filed": "WRIGHT COVE CAPITAL",
      "url": "https://advisorcensus.com/firm/wright-cove-capital-portland-me-307252",
      "city": "Portland",
      "state": "ME",
      "years_registered": 1,
      "raum_band": "100m_500m",
      "compensation_types": [
        "percentage_of_aum"
      ],
      "enhanced": false
    }
  ],
  "states": [],
  "metros": [],
  "siblings": {
    "national": "/advisors",
    "state": {
      "path": "/advisors/me",
      "label": "Financial advisors in Maine"
    },
    "metro": {
      "path": "/advisors/me/portland",
      "label": "Financial advisors in Portland, ME"
    },
    "city_pages": [],
    "fee_pages": [
      {
        "path": "/advisors/me/portland/flat-fee",
        "label": "Flat-fee financial advisors in Portland, ME",
        "firm_count": 26
      },
      {
        "path": "/advisors/me/portland/hourly",
        "label": "Hourly financial advisors in Portland, ME",
        "firm_count": 26
      }
    ],
    "niche_pages": [],
    "state_fee": {
      "path": "/advisors/me/fee-only",
      "label": "Fee-only financial advisors in Maine"
    }
  },
  "csv": null,
  "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"
  }
}