Progress Wealth ManagementIndependent Financial Education

Financial advisors · Maryland

Fee-only financial advisors in Baltimore, MD

From SEC and state Form ADV filingsUpdated 2026-11-07

23 fee-only investment advisers have offices in Baltimore, Maryland, according to their Form ADV filings with the SEC and state regulators. 17 offer hourly or flat-fee arrangements, 6 charge only a percentage of the assets they manage, and 14 provide financial planning. 15 are SEC-registered, which generally means at least $100 million under management; the rest are smaller state-registered practices. 1 firm reports disciplinary history and is listed last.

Data from Form ADV filings as of November 6, 2026. Listings are factual and unpaid. Default order puts firms offering financial planning first and high-volume platforms after advice practices; how ordering works.

Showing 23 of 23

WBH Advisory, Inc.

1829 Reisterstown Road, Suite 225, Baltimore, MD 21208 · (410) 653-7979

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
$1.7B
Individual clients
725
Advisory staff
11
Registered with
SEC

Profile · Website · SEC record

Wealth Planning Group

3600 O'Donnell Street Suite 860, Baltimore, MD 21224 · (410) 522-2030

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
$361M
Individual clients
380
Advisory staff
4
Registered with
SEC

Profile · Website · SEC record

Armstrong Dixon

1500 Sulgrave Ave, Baltimore, MD 21209 · (443) 563-1111

  • Percentage of assets
  • Fixed fee
  • Financial planning
Assets managed
$448M
Individual clients
290
Advisory staff
6
Registered with
SEC

Profile · Website · SEC record

Booster, LLC

6 East Eager Street, Baltimore, MD 21202 · (410) 216-1551

  • Percentage of assets
  • Fixed fee
  • Financial planning
Assets managed
$229M
Individual clients
161
Advisory staff
2
Registered with
SEC

Profile · Website · SEC record

Northbrook Financial

1340 Smith Ave Ste 200, Baltimore, MD 21209 · (410) 941-9709

  • Percentage of assets
  • Fixed fee
  • Financial planning
Assets managed
$109M
Individual clients
127
Advisory staff
2
Registered with
SEC

Profile · Website · SEC record

&wealth Partners

1629 Thames Street Suite 300, Baltimore, MD 21231 · (410) 844-3300

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
$508M
Individual clients
96
Advisory staff
3
Registered with
SEC

Profile · Website · SEC record

Equip, LLC

10 E North Ave Suite 5, Baltimore, MD 21202 · (443) 475-0456

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
Not reported
Individual clients
50
Advisory staff
1
Registered with
MD

Profile · Website · SEC record

Brown Advisory

901 South Bond Street Suite 400, Baltimore, MD 21231 · (410) 537-5400

  • Percentage of assets
  • Fixed fee
Assets managed
$124.3B
Individual clients
3,229
Advisory staff
272
Registered with
SEC

Profile · Website · SEC record

Technomart Rga Inc

401 E. Pratt Street Suite 312, Baltimore, MD 21202 · (410) 828-6555

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Subscription
Assets managed
$338M
Individual clients
70
Advisory staff
1
Registered with
MD

Profile · Website · SEC record

Foundry Wealth Advisors, LLC

921 E. Fort Avenue Suite 310, Baltimore, MD 21230 · (443) 692-8833

  • Percentage of assets
  • Hourly
  • Fixed fee
  • Financial planning
Assets managed
$163M
Individual clients
66
Advisory staff
4
Registered with
SEC

Profile · Website · SEC record

Reports disciplinary history. Read the details on the SEC record before engaging.

Not sure which Baltimore firm fits?

Tell us what you need. We will suggest up to three fee-only firms that fit, and with your permission introduce you. Free, no obligation.

What do you want help with?

Fee-only advisers near Baltimore

Another 47 fee-only firms have offices within 30 miles.

How to choose between them

  1. Decide how you want to pay. Hourly and flat-fee planners suit people who want a plan and will implement it themselves. A percentage-of-assets fee buys ongoing investment management; on $1 million at 1% that is $10,000 a year, every year.
  2. Check the SEC record. Each listing links to the firm’s page on the SEC’s Investment Adviser Public Disclosure site, where you can read the Form ADV Part 2 brochure (fees, minimums, conflicts) and any disciplinary history.
  3. Ask who you will actually work with and what credentials they hold. The advisor versus consultant guide explains which titles are regulated and which are marketing.
  4. Ask about minimums. Form ADV Part 1 does not record account minimums, so they are not shown here. Many asset-based firms require $500,000 or more; hourly planners usually have none.
  5. Get the fee in writing before you sign, including fund expenses and any platform or custody charges on top.

Frequently asked questions

What does fee-only mean?

A fee-only adviser is paid only by its clients, through hourly charges, flat fees, subscriptions or a percentage of the assets it manages. It does not earn commissions on products it recommends. In this directory the label is applied from each firm’s own Form ADV: the firm reports no commission compensation, is not a broker-dealer or registered representative of one, does not act as an insurance agent, and reports no related broker-dealer or insurance agency.

How much does a fee-only financial adviser cost in Baltimore?

Form ADV records how firms charge, not what they charge. Of the 23 firms listed here, 17 offer hourly or flat fees and 23 charge a percentage of assets. Each firm’s Form ADV Part 2 brochure, linked from its profile, gives its actual fee schedule. Nationally, asset-based fees commonly run around 1% a year on the first $1 million and fall above that.

How were these Baltimore advisers selected?

Every registered investment adviser with an office in Baltimore that serves individuals, offers financial planning or portfolio management, and reports no commission or insurance compensation on its Form ADV is listed. Inclusion is free and automatic; no firm pays to appear. The methodology page has the full rules.

Are these advisers fiduciaries?

Registered investment advisers owe their clients a fiduciary duty under the Investment Advisers Act of 1940 for the advice they give. Ask any firm to confirm in writing that it acts as a fiduciary at all times and for all of your accounts.