Glen Echo, MD Financial Advisors and Resources

Financial Advisor Firms in Glen Echo, MD



(301) 229-8500

6111 Tulane Ave

Glen Echo, MD 20812

SEC#: 801-16929
Years in Business: 39 years

How Retirement-Friendly is Glen Echo, MD?

  • Population: 309
  • % of Population 62 Years and Over: 20.4%
  • Average Home Value: $921,300
  • Average Monthly Housing Cost: $3,213
  • Average Household Income: $248,726
  • Maryland Total Tax Burden: 9.32% (12th Highest in U.S.)
  • Maryland Property Tax: 2.67% (20th Lowest in U.S.)
  • Maryland Individual Income Tax: 3.89% (3rd Highest in U.S.)
  • Maryland Sales and Excise Tax: 2.76% (10th Lowest in U.S.)

Glen Echo, MD Financial Advisor FAQs

If you're not sure where to start in your search for a financial advisor, we recommend that you find out if there are any regulated investment advisors near your home or workplace by visiting FINRA's BrokerCheck website.
If you don't know yet which type of advisors to go for, ask yourself the following three questions: 1. Do I enjoy talking about money? 2. Am I willing to make my investments as simple as possible (no more than four funds)? 3. Do I prefer managing my own finances, or do I want a partner?
Financial advisors, like most professionals, charge by the hour and can be located with a simple web search. There are also portfolio managers who either qualify as investment advisors or broker-dealers, and they'll provide services such as investment advice and/or managing your investments.
To provide investment advice based off what is best for the current situation of an individual or couple. Their responsibilities also entail teaching clients about the different types of investments available when choosing between equities, bonds, stocks etc.,