Find a Financial Planner in Silver Spring, MD

 

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We Only Work With The Best Silver Spring Financial Advisors


We Exclusively Work With Select Partner Firms Who Meet The Highest Standard of Excellence and Trust.

3rd Party Rankings

Our partners have been recognized by some of the best media publication sources like Financial Times, Investor.com, Forbes, and Barron’s

Conflict Free

Our partners will also never sell proprietary investment products

Experience

All leads will be connected with a firm who has been in business for 20+ years

Education & Designations

All leads will be given to a certified CFP with designation from FINRA

Trustworthiness

All of our partners are credible — No conflicts of interest and no disciplinary history

 

Our Process for Choosing
An Independent Financial Advisor in Silver Spring, MD


  • Financial Advisor Close to Silver Spring, MD

  • All Advisors Must Meet Fiduciary Standard

  • “Fee-Only” Compensation To Ensure Conflict-Free Advice

  • Exemplary Disciplinary History

  • Required Education and Designations

  • Expertise with Client’s Specific Needs

 

How Can a CFP® in Silver Spring Help You?

Wealth managers are financial professionals who work to comprehensively build their clients' wealth. Wealth management incorporates nearly all areas of the client's financial life, from investments and asset planning to tax management, retirement, estate planning, and more. In the Silver Spring area, wealth managers are typically used by high-net-worth individuals or high-capital organizations.
Financial planning is a service in which a qualified professional creates a detailed plan for a client's financial future. Plans in Silver Spring can include budgeting, retirement planning, tax planning, spending and saving strategies, and more.
13.7% of Silver Spring's population is of retirement age (62 years and older). Retirement planning for those individuals is designed to ensure that retirees are able to secure a stream of income for later in life. Many retirement plans provide a powerful framework for achieving this goal. If you are unsure of where to start, a retirement planner in the Silver Spring area can create a custom plan and walk with you each step of the way.
Estate planning involves much more than just setting up a will. In the Silver Spring area, it may involve setting up a trust and naming an executor, complying with estate tax law, updating insurance and retirement accounts, making funeral arrangements, and more. There are many ways to divy your estate, from directly giving to beneficiaries to funding future education accounts.
Business financial planning sets out the financial path a company takes to achieve its goals over a stated timeline. Business financial planning can be very granular, addressing specific projections for business expansion, equipment needs, staffing, resources, cash flow, and financing options in the Silver Spring area.
The goal of tax planning is to minimize an individual’s or organization’s tax liabilities, while maximizing their overall long-term financial situation. Financial advisors in the Silver Spring area often offer tax planning services to their clients. Tax planning strategies will differ depending on depending on where you live. Maryland has unique laws defining which actions trigger a taxable event and has the 12th highest total tax burden in the U.S., including income, property, and sales tax.
Transition planning for divorce or loss of a spouse is a service offered by many financial advisors, planners, and other professionals in the Silver Spring area. Typically, it includes updating wills and trusts, evaluating life insurances, long-term care arrangements, and creating inventories of bills, financial accounts, and other interests.
Debt consolidation and management is a service that can be performed by a qualified financial advisor in which they combine multiple existing loans into a single loan with more favorable financing terms. Advisors in the Silver Spring area often use this strategy when clients have high-interest credit card debt or private student loans.

 

The Value of Working With the Best Financial Planners in Silver Spring, MD


A good financial planner can increase your returns by as much as 3% annually.

Vanguard

$2,010,221.91
Without Advisor

$4,643,687.46
With Advisor

Assuming $350k initial investment at 6% annual growth vs 9% annual growth for 30 years.

Find a Fee-Only Financial Planner Near Silver Spring, MD

We evaluated over 13,000 RIA firms to bring you the best of the best Silver Spring financial advisors.
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How Retirement-Friendly is Silver Spring, MD?

  • Population: 81,773
  • % of Population 62 Years and Over: 13.7%
  • Average Home Value: $524,800
  • Average Monthly Housing Cost: $1,734
  • Average Household Income: $109,348
  • 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.)


The Top Financial Advisor Firms in Silver Spring, MD


BNB WEALTH MANGAGEMENT, LLC

Website

(301) 562-0207

8730 Georgia Avenue
Suite 502
Silver Spring, MD 20910

SEC#: 801-53808
Years in Business: 24 years

ROCK CREEK WEALTH PLANNERS AND ADVISORS LLC

Website

(202) 899-1400

8607 Cedar St.

Silver Spring, MD 20910

SEC#: 801-115087
Years in Business: 2 years

ULLICO INVESTMENT ADVISORS, INC.

Website

(202) 962-8951

8403 Colesville Road
13th Floor
Silver Spring, MD 20910

SEC#: 801-36371
Years in Business: 31 years