Anchor Wealth Advisors, LLC fees and pricing

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed March 31, 2026. Fees can change, so confirm with the firm before you hire them.

Hourly rate

$495/hr

“Hourly planning is available at a rate not to exceed $495 per hour, depending on the complexity of the services provided.”

Flat or project fee

$3,000⁠-⁠$24,000

“The advisory fee payable for any held away accounts will be deducted directly from another client account, and if there are insufficient funds available in another client account or our firm believes that deducting the advisory fee from another client account would be prohibited by applicable law, we will invoice…”

Read the full brochure (PDF) (opens in new tab)SEC adviser record (opens in new tab)

How Anchor Wealth Advisors, LLC bills

Payment and refund terms, quoted from the fee section of the brochure.

• “Accounts initiated or terminated during a calendar quarter will be charged a prorated fee based on the amount of time remaining in the billing period.”
• “An account may be terminated with written notice at least 30 calendar days in advance.”
• “The refunded portion will be prorated on a daily basis, based on the actual number of days services were retained prior to termination of the relationship.”

How Anchor Wealth Advisors, LLC’s fees compare

• Its hourly rate of $495 is above the Maryland median of $300. 84% of the 156 other Maryland planners that publish an hourly rate charge less.
• Its flat or project fee of $3,000-$24,000 spans the Maryland median of $4,335. 96% of the 133 other Maryland planners that publish a flat or project fee charge less.

About Anchor Wealth Advisors, LLC

• Principal: Samuel Erdman
• Solo practice: one person runs the firm, so you work directly with the planner.
• Credentials named in the brochure: CFP®.
• Registered as an adviser: 2019 (7 years).

Firm details from Form ADV

How the firm is paid

Hourly fees, fixed or flat fees, percentage of assets under management

Charges a % of assets

Yes

Highest asset based fee in brochure

3% a year

Clients

104

Employees

1

Works with

Individuals and high net worth individuals

Services reported to regulators

Financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other advisers, and educational seminars and workshops

Assets managed

$76,376,114

Registered with

State securities regulators

Disciplinary disclosures

None reported

SEC CRD number

300980

Website

embarkfin.com (opens in new tab)

Phone

(443) 281-9630

Can advise clients in 2 states: Maryland, Pennsylvania

Other planners in Cockeysville that publish fees

• KRH Investments, LLCCockeysville$150⁠-⁠$350/hr
• 1 North Wealth Services, LLCAnnapolis$400/hr, $3,200/yr
• Aaa Advisory LLCWalkersville$300/hr
• Accordant Advisory Group, Inc.Annapolis$500/hr
• Addax Bridge FinancialPotomac$250⁠-⁠$400/hr, $5,000⁠-⁠$6,000
• Adenry Wealth LLCColumbia$300/hr, $300

Compare all 302 planners in Maryland