Sherman Wealth Management LLC fees and pricing

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed September 28, 2026. Fees can change, so confirm with the firm before you hire them.

Hourly rate

$550/hr

“Asset-based wealth management fees are also generally applied to client assets invested into privately offered pooled investment vehicles organized as exchange funds (including but not limited to Cache Exchange Funds as further described in Item 10, below), but Sherman Wealth may also charge a one time or annual…”

Flat or project fee

$500⁠-⁠$3,000

“September 25, 2026 Tax Planning Services The fee for a one-time tax plan typically ranges from $500 to $3,000, half of which is payable upon initial engagement with the balance due upon the completion of a one-time tax plan.​ ​ The recurring flat fee for ongoing tax planning services typically ranges from $1,000 to…”

Annual fee

$1,000⁠-⁠$5,000/yr

From the same sentence as above.

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

How Sherman Wealth Management LLC bills

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

• “The wealth management fee in the first quarter of service is prorated from the inception date of the account(s) to the end of the first quarter.”
• “Fees may be negotiable at the sole discretion of the Advisor.”
• “The wealth management fee schedule is negotiable in Advisor’s sole discretion, and certain clients may be charged pursuant to a different fee schedule than the one set forth above.”

How Sherman Wealth Management LLC’s fees compare

• Its hourly rate of $550 is above the Maryland median of $300. 98% of the 156 other Maryland planners that publish an hourly rate charge less.
• 3 of the 3 other planners in Gaithersburg that publish an hourly rate charge less.
• Its flat or project fee of $500-$3,000 is below the Maryland median of $4,335. 21% of the 133 other Maryland planners that publish a flat or project fee charge less.
• 1 of the 3 other planners in Gaithersburg that publish a flat or project fee charge less.
• Its annual fee of $1,000-$5,000 is below the Maryland median of $5,000. 14% of the 28 other Maryland planners that publish an annual fee charge less.

About Sherman Wealth Management LLC

• Firm size: 5 employees.
• Founded: 2013 (13 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

2% a year

Clients

143

Employees

5

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

$160,330,686

Registered with

U.S. Securities and Exchange Commission

Disciplinary disclosures

None reported

SEC CRD number

281093

Website

x.com/shermanwealth (opens in new tab)

Phone

(240) 428-1622

Can advise clients in 9 states: California, Colorado, District of Columbia, Florida, Illinois, Maryland, New York, Texas, Virginia

Other planners in Gaithersburg that publish fees

• Cornerstone Financial Planning, Inc.Gaithersburg$100/hr, $300
• Own Your Monday Wealth Management, LLCGaithersburg$500/hr, $3,750/qtr
• Planvest Financial, Inc.Gaithersburg$2,500⁠-⁠$5,000
• Regatta Financial LLCGaithersburg$400/hr, $5,000⁠-⁠$10,000

Compare all 7 planners in Gaithersburg