Washington County, MD Financial Advisors and Resources

Financial Advisor Firms in Washington County, MD



(240) 285-1911

9243 Mountain Meadow Drive

Boonsboro, MD 21713

SEC#: 801-66892
Years in Business: 15 years

How Retirement-Friendly is Washington County, MD?

  • Population: 150,109
  • % of Population 62 Years and Over: 20.5%
  • Average Home Value: $220,600
  • Average Monthly Housing Cost: $1,021
  • Average Household Income: $79,633
  • 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.)

Washington County, MD Financial Advisor FAQs

Financial advisors are paid in a variety of ways. This includes commission, hourly rates, deferred compensation, and bonus.
It is always a good idea to have a financial advisor. Financial advisors' main responsibility is to educate you about your investments and overall portfolio, as well as advise you on ongoing strategies that would fit your particular needs better than just investing in ways for which you have traditionally been comfortable using.
Financial advisors provide guidance and advice on the subject of personal finance. They are in charge of analyzing an individual's personal finances, determining their financial goals, making investment suggestions, and then creating a strategy tailored to each client.
It is important to establish how the advisor will be compensated. Fees can vary from a simple fee-only model to a more complicated fee for service model.