Find a Financial Planner in Towson, MD

 

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We Only Work With The Best Towson 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 Towson, MD


  • Financial Advisor Close to Towson, 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 Towson Help You?

Wealth management is a type of financial planning that focuses on asset protection and risk management for high-net-worth individuals and organizations. It provides those in the Towson area with advisory and management services on the full spectrum of a client’s finances, including financial and investment advice, legal and estate planning, accounting, tax services, business financial planning, debt management, and retirement planning.
Personal financial planners work with their clients to create strategies for both short-term and long-term financial improvement. Financial planners in Towson typically take a holistic approach, centered on advice and planning, offering management services for taxes, retirement accounts, or investments.
19.8% of Towson's population is of retirement age (62 years and older). For those individuals, the goal of retirement planning is to create a source of income for one’s retirement years. It starts with determining an individual’s retirement goals and then lays out a financial strategy to accomplish them. In the Towson area, this strategy might include income and expense planning, savings strategies, investing advice, and asset and risk management.
The goal of estate planning is to establish a clear plan for the distribution of your assets--called your "estate"--upon your death, incapacitation, or another predetermined condition. Estate planning in the Towson area is typically done by a financial advisor, but sometimes legal professionals are required to assist with things like a living will.
Business financial planning is the task of mapping out a path to achieving a business's financial goals. These goals are often expanded and reevaluated as the company grows, making financial planning for businesses in the Towson area an ongoing effort.
Through tax planning, clients can strategize how best to minimize their tax payments through deductions and write-offs. Tax planning in the Towson area is generally long-term and performed with the help of a qualified planner. 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 involves working with an attorney or financial advisor in the Towson area to create a financial planning strategy to protect your assets and heirs in the event of death or divorce. It typically 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 typically involves rolling several loans into a single loan with better financing terms, such as a lower monthly payment or interest rate. Debt consolidation is a popular strategy for advisors in the Towson area when dealing with high-interest credit card debt and private student loans.

 

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

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

  • Population: 57,817
  • % of Population 62 Years and Over: 19.8%
  • Average Home Value: $365,200
  • Average Monthly Housing Cost: $1,517
  • Average Household Income: $126,836
  • 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 Towson, MD


THE CAVANAUGH GROUP INC

Website

(410) 583-0850

100 W Pennsylvania Ave
Suite 304
Towson, MD 21204

SEC#: 801-50257
Years in Business: 25 years

COMPTON FINANCIAL GROUP

Website

(410) 321-0168

403 Allegheny Avenue

Towson, MD 21204

SEC#: 801-80860
Years in Business: 6 years

CHESAPEAKE FINANCIAL ADVISORS

Website

(410) 823-5442

401 Jefferson Avenue

Towson, MD 21286

SEC#: 801-111054
Years in Business: 3 years

SFG WEALTH MANAGEMENT

Website

(410) 825-3200

1104 Kenilworth Drive
Suite 500
Towson, MD 21204

SEC#: 801-108748
Years in Business: 4 years

BLACK DIAMOND FINANCIAL, LLC

Website

(443) 841-7772

305 West Pennsylvania Avenue

Towson, MD 21204

SEC#: 801-96172
Years in Business: 6 years

FOUNDERS FINANCIAL SECURITIES, LLC

Website

(410) 308-9988

1020 Cromwell Bridge Road

Towson, MD 21286

SEC#: 801-66892
Years in Business: 14 years

WMS PARTNERS, LLC

Website

(410) 337-7575

Towson City Center
1 Olympic Place, 8th Floor
Towson, MD 21204

SEC#: 801-46692
Years in Business: 26 years

GREENSPRING ADVISORS, LLC

Website

(443) 564-4600

One West Pennsylvania Avenue
Suite 500
Towson, MD 21204

SEC#: 801-67570
Years in Business: 14 years

THE SIMMONS PARTNERSHIP, LLC

Website

(443) 470-8000

Bosley Hall
222 Courthouse Ct., Suite 1A
Towson, MD 21204

SEC#: 801-79395
Years in Business: 7 years

BENSON L K & CO P C

Website

(410) 494-6680

1107 Kenilworth Drive
Suite 302
Towson, MD 21204

SEC#: 801-48099
Years in Business: 26 years