Fee only financial advisors in Maryland who charge hourly or a flat fee

Key findings from the filings

• The median hourly rate in Maryland, $300 from 76 firms, is tied for the 3rd highest of the 44 states where at least 10 firms publish a current hourly rate; the median in the rest of the US is $295.
• The median flat or project fee in Maryland, $4,600 from 57 firms, is the 15th lowest of the 38 states where at least 10 firms publish a current flat or project fee; the median in the rest of the US is $5,000.
• Of the 133 Maryland firms that publish fees, 78% publish an hourly rate, 53% a flat or project fee, and 18% a monthly or quarterly fee; across the US the shares are 73%, 55%, and 21%.
• 25 of the 133 Maryland firms that publish fees (19%) charge no fee based on a percentage of assets, compared with 14% across the US.