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Best Financial Advisors in Ellicott City, MD

Our Recommended Top 15

We did the research for you!

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Our goal is to connect people with the best local professionals. We scored Ellicott City Financial Advisors on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

30Reviewed

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15Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

67 Forest St, Suite 271, Ellicott City, MD 01752
WebsiteLicense: 5813774

Expertise.com Rating

Why choose this provider?

Financial planning can be challenging; Cedar Hill Financial Group simplifies things. Their first priority is always acting in their client's best interest. That means providing personalized, comprehensive financial advice, along with data driven portfolios. Whether it is planning for retirement, saving for college, or getting a comprehensive financial plan in place, they can help. With over a decade of industry experience, they are committed to helping clients pursue their financial goals. Securities and advisory services offered through LPL Financial, a registered investment advisor. Member FINRA/SIPC.

  • Estate Planning
  • Investment Management
  • Tax Planning
  • Certified Financial Planner (CFP)
  • Retirement Planning

Ellicott City, MD

Expertise.com Rating

Why choose this provider?

Need help contacting a Financial Advisor in Ellicott City? Call our Concierge team at 848-Book-Pro (848-266-5776 from 6 am - 4 pm PT | Mon - Fri). They are standing by to help you get the service you need.

345 North Charles Street, Baltimore, MD 21201
WebsiteLicense: 120278

Expertise.com Rating

Review Sources

Google
4.7 (9)

Why choose this provider?

InvestEd. is a boutique firm that serves individuals of all ages, incomes, and career paths, as well as small, medium, and large businesses in Ellicott City and the rest of the country. It assists clients in achieving their financial goals through fiduciary financial advisory services that include investment advising, financial planning, and financial education. Although InvestEd. was only established in 2015, its team has more than 95 years of combined financial advisory and investment experience. Its business clients include Chick-fil-A.

  • Certified Financial Planner (CFP)

5950 Symphony Woods Road Suite 600, Columbia, MD 21044
WebsiteLicense: 159388

Expertise.com Rating

Review Sources

Facebook
4.9 (29)
Google
4.5 (8)

Why choose this provider?

Baltimore-Washington Financial Advisors is an independent firm that has been serving individuals and families in Ellicott City and nearby areas since 1986. It offers financial planning solutions that cover retirement, estate, pensions, Social Security, and Medicare. The company also assists with investment management and tax planning. In addition, it helps businesses with mergers, acquisitions, and succession planning. Baltimore-Washington Financial Advisors is composed of 25 industry professionals with CFPs, CPAs, and Certified Elder Planning Specialists.

  • Certified Financial Planner (CFP)

6230 Old Dobbin Lane Suite 170, Columbia, MD 21045
WebsiteLicense: 157906

Expertise.com Rating

Review Sources

Google
5.0 (2)

Why choose this provider?

Lowe Wealth Advisors serves business owners, professional artists, and foundations in Ellicott City. The firm provides money management services such as asset building, wealth accumulation, benefits planning, and portfolio allocation. It guides clients in every step of the planning process, starting from crafting financial mission statements and developing strategies to managing risks and conducting advisory sessions. Its founder Harold Lowe is a CFP, CLU, and licensed insurance agent. He has been in the financial services industry for over 50 years.

  • Certified Financial Planner (CFP)

8 Reservoir Circle Suite 200, Baltimore, MD 21208
WebsiteLicense: 1288816

Expertise.com Rating

Review Sources

Google
5.0 (1)

Why choose this provider?

Shapiro & Lipchin Wealth Management, LLC, serves residents of Ellicott City. It implements plans that are designed to help families and small businesses address their financial needs and achieve long-term goals. It advises clients on investment and tax strategies to maximize their income and offers insurance products to protect them from financial risks. Other services include estate, lifestyle, and retirement planning and money management. The firm’s principal advisor, Michael D. Shapiro, carries over 34 years of industry experience.

  • Certified Financial Planner (CFP)

10490 Little Patuxent Parkway Suite 200, Columbia, MD 21044
WebsiteLicense: 2125742

Expertise.com Rating

Review Sources

Google
5.0 (1)

Why choose this provider?

Drown Financial Services, which was founded in 1990, serves individuals and business owners in Ellicott City and the surrounding communities. The firm provides actively managed diverse portfolios, exchange-traded products, social impact investing, and global tactical strategies. It also aids in the administration of brokerage accounts, profit-sharing plans, annuities, and disability income insurance. Darrel Drown, the company's founder, has extensive experience in charitable giving and long-term care. Vicus Capital, Inc., Partners Financial Group, and Cetera Advisor Networks, LLC are all affiliated with Drown Financial Services.

  • Certified Financial Planner (CFP)
  • Retirement Planning

101 E. Chesapeake Ave, Suite 203, Towson, MD 21286
WebsiteLicense: 121558

Expertise.com Rating

Review Sources

Google
3.9 (16)
Facebook
5.0 (1)

Why choose this provider?

Abel Financial caters to customers in the Ellicott City metro and the surrounding communities. It offers investment planning solutions, helping clients achieve their financial goals. Its process involves analyzing clients' investment portfolios, finding out how much risk they have, developing personalized plans designed to preserve savings, and determining whether investment solutions such as annuities and real estate should be incorporated in the program. The firm also provides cash flow, estate, and retirement planning services. Founder Rita Abel holds the CFP designation.

  • Certified Financial Planner (CFP)

5052 Dorsey Hall Drive Suite 203, Ellicott City, MD 21042
WebsiteLicense: 1244218

Expertise.com Rating

Why choose this provider?

Jolles Financial is an advisory firm helping individuals, professionals, and business owners plan for their future in Ellicott City and nearby communities. It renders an array of solutions which includes retirement and income, estate preservation and legacy, investment, and longevity planning. It also offers insurance planning, self-directed brokerage, and 401(k) services. The firm's founder, Brian Jolles, is a ChFC and CASL who serves as the Immediate Past President of the Maryland state NAIFA. Jolles Financial has been operating since 1985.

  • Certified Financial Planner (CFP)

8178 Lark Brown Road Suite 201, Elkridge, MD 21075
WebsiteLicense: 1714941

Expertise.com Rating

Review Sources

Google
5.0 (12)

Why choose this provider?

Paladin Advisor Group offers services for the financial advantage of individuals, employees, and employers in Ellicott City and the surrounding communities. The company's financial advisors perform services such as creating, reviewing, and adjusting a retirement plan. It renders wealth management options, including trusts and wills, asset and legacy planning, and investment strategies. Its other services include workplace savings like retirement accumulation, cash flow planning, and debt reduction strategies. Paladin Advisor Group has a combined experience that exceeds 100 years.

  • Certified Financial Planner (CFP)

4240 Buckskin Wood Drive, Ellicott City, MD 21042
WebsiteLicense: 712848

Expertise.com Rating

Why choose this provider?

Gordon Financial Services serves clients in Ellicott City. It helps individuals and families achieve their financial objectives through investment management and financial planning services. The company incorporates clients' lifestyle, retirement, and college education goals into its financial advisory services in anticipation of the potential effects of life events on personal finances. Owner Larry Gordon has been providing business retirement planning services since 1984. He offers investment advisory services through Grove Point Advisors, LLC, and securities through Grove Point Investments, LLC.

  • Retirement Planning

10715 Little Patuxent Parkway, Suite 120, Columbia, MD 21044
WebsiteLicense: 724306

Expertise.com Rating

Review Sources

Google
5.0 (2)

Why choose this provider?

Athlon Advisors caters to individuals, families, and businesses in Ellicott City and the surrounding areas. It helps clients manage their wealth by offering financial planning services. These cover education, estate, and retirement planning; insurance strategies; investment management; and tax projection and preparation. It also provides bookkeeping and payroll reporting solutions. Christopher A. Schipske, the firm's managing partner, brings 25 years of experience in the financial services industry. He holds the Certified Financial Planner designation.

  • Estate Planning
  • Certified Financial Planner (CFP)
  • Retirement Planning

10025 Governor Warfield Pkwy #100, Columbia, MD 21044
WebsiteLicense: 155216

Expertise.com Rating

Review Sources

Google
5.0 (1)

Why choose this provider?

Brightworks Wealth Management offers a broad range of financial advisory solutions to clients throughout Ellicott City. This independent wealth management firm supports individuals and businesses in accumulating, conserving, and transferring wealth to help them reach their short-term and long-term financial goals. Its advisors help clients with planning for college, retirement, and charitable giving, as well as creating a lasting legacy, managing their investments, and allocating their assets. The firm is staffed by Certified Financial Planners who have been in the industry for decades.

  • Certified Financial Planner (CFP)

8840 Stanford Blvd. Suite 4000, Columbia, MD 21045
WebsiteLicense: 299021

Expertise.com Rating

Review Sources

Google
5.0 (1)
Facebook
5.0 (1)

Why choose this provider?

White Oak Wealth Management helps Ellicott City residents prepare for their retirement, secure funding for their children's college education, and plan legacies for the succeeding generations. Before developing and implementing financial plans and investment strategies, it takes time to understand the clients' objectives and explain their options. David Berger launched the company in 2016 to encourage people to manage their finances in preparation for their future. He holds a bachelor's and master's degree in Finance.

  • Certified Financial Planner (CFP)

1803 Research Boulevard, Suite 401, Rockville, MD 20850
WebsiteLicense: 1817336

Expertise.com Rating

Review Sources

Google
5.0 (3)

Why choose this provider?

Financial Advantage Associates caters to individuals and business owners in Ellicott City. The firm assists with tax reduction strategies, stocks and bonds, disability and long-term care insurance, portfolio management, and financial planning. It also provides mutual funds, executive compensation programs, succession planning, and financial education seminars. Non-profit organizations can also benefit from specialty services such as deferred compensation, asset management, and charitable planned giving. Jonathan R. Abbett, the company's managing partner, has more than 25 years of experience.

  • Estate Planning
  • Retirement Planning
  • Certified Financial Planner (CFP)

Compare our Top Financial Advisors

NameExpertise RatingAddressPromotionsLearn more
Cedar Hill Financial Group, LLC
67 Forest St, Suite 271, Ellicott City, MD 01752Complimentary Consultation
InvestEd.
345 North Charles Street, Baltimore, MD 21201
Baltimore-Washington Financial Advisors
5950 Symphony Woods Road Suite 600, Columbia, MD 21044
Lowe Wealth Advisors
6230 Old Dobbin Lane Suite 170, Columbia, MD 21045
Shapiro & Lipchin Wealth Management, LLC
8 Reservoir Circle Suite 200, Baltimore, MD 21208
Drown Financial Services
10490 Little Patuxent Parkway Suite 200, Columbia, MD 21044
Abel Financial
101 E. Chesapeake Ave, Suite 203, Towson, MD 21286
Jolles Financial
5052 Dorsey Hall Drive Suite 203, Ellicott City, MD 21042
Paladin Advisor Group
8178 Lark Brown Road Suite 201, Elkridge, MD 21075
Gordon Financial Services
4240 Buckskin Wood Drive, Ellicott City, MD 21042
Athlon Advisors
10715 Little Patuxent Parkway, Suite 120, Columbia, MD 21044
Brightworks Wealth Management
10025 Governor Warfield Pkwy #100, Columbia, MD 21044
White Oak Wealth Management
8840 Stanford Blvd. Suite 4000, Columbia, MD 21045
Financial Advantage Associates
1803 Research Boulevard, Suite 401, Rockville, MD 20850

FAQs

  • Introduction

    There are many titles for financial professionals, so it's challenging to track what each one means. A financial advisor is probably the term you've heard most often. Financial advisor is a broad term for a professional who helps individuals or companies manage their finances, including investment choices. There are over 100 certifications that financial advisors can obtain.

    • Financial planners, wealth managers, and investment advisors are all financial advisors with different focus areas.
    • A financial planner helps an individual or a company make a plan to achieve long-term financial goals.
    • A wealth manager helps individuals maintain their wealth through various disciplines and services, such as taxes, estate planning, and investment advice.
    • An investment advisor offers investment advice and recommendations to individuals or organizations.
    There’s a misconception that you have to be extremely wealthy to use a financial advisor. In reality, they can be beneficial for people from any income level. Keep reading to find answers to the most commonly asked questions about financial advisors, so you know which type can fit your specific needs.

  • What are the advantages and disadvantages of rebalancing a portfolio in Ellicott City?

    Ellicott City investors rebalance their holdings periodically to keep their portfolios diverse and consistent with their risk tolerance. Rebalancing entails liquidating high-performing assets and reinvesting the profits into lower-performing ones. However, investors can risk losing out on potential returns if they rebalance away from these better-performing assets since poor-performing assets may continue to grow at low rates over time.

  • Are there savings bonds that are inflation-protected in Ellicott City?

    In Ellicott City, you may purchase Series I bonds, which are inflation-protected savings bonds issued and guaranteed by the United States Treasury. Series I bonds advertise an annualized interest rate but adjust that rate every six months to account for inflation. Interest is accrued monthly and added to the bond's value twice yearly, but you won't be able to withdraw it until you've held the bond for at least five years, at which point you may do so without incurring any penalties.

  • Can there be reasons why you must not hire a financial advisor in Ellicott City?

    A financial advisor in Ellicott City is not recommended for the following reasons:

    • You can work independently and are inclined to disregard the guidance of an advisor
    • You may want to seek the counsel of an attorney instead of a financial advisor if you have unmanageable debt
    • You may need a mediator before hiring an advisor if you and your spouse have different financial objectives
    • You don't have enough time to devote to the planning process.
  • Why should you take advantage of employer-sponsored retirement plans in Ellicott City?

    Employer-sponsored retirement plans in Ellicott City are among the most effective means of saving for retirement. These plans have advantages, including tax deferral on investment growth and matching contributions from an employer. You also have the flexibility to choose the percentage of your pay to contribute, up to the legal limit, and adjust this amount on specific dates in a year or as necessary. In addition, you may borrow a part of your vested sum at a manageable interest rate.

  • What are some actions that can result in possible credit problems in Ellicott City?

    Any of the following credit card actions might lead to credit problems in Ellicott City:

    • Using one credit card to settle another card debt
    • Taking out credit advances
    • Spending more than one can afford to repay
    • Postdating a check that one does not have the funds to cover
    • Opening a new credit card to take out a larger loan Credit indicators of trouble are crucial to recognize in order for you to take corrective action quickly.
  • Are financial advisors worth it?

    Whether or not a financial advisor is worth it depends on your personal situation. If your finances are fairly straightforward, then you may be better off handling it on your own. But if you have substantial assets or a complex investment portfolio, then hiring someone to handle it for you can be well worth the cost.