If you’re trying to find a financial advisor, we can help. We conducted extensive research to find the top financial advisors in Hunt Valley, Maryland. Our study covers key factors like investment minimums required to open accounts, fee structure and the types of services offered. We put all the info together here for convenient comparison. Start your search with this list of the top financial advisor firms in Hunt Valley, Maryland. Then use SmartAsset’s free financial advisor matching tool to personalize your search.
|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||Verdence Capital Advisors, LLC Find an Advisor||$1,511,643,426||No set account minimum; $10,000 minimum fee|| || |
Minimum AssetsNo set account minimum; $10,000 minimum fee
|2||Tufton Capital Management, LLC Find an Advisor||$674,332,746||$500,000|| || |
|3||Horan Capital Management, LLC Find an Advisor||$574,984,522||$500,000|| || |
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|4||The Financial Consulate, Inc. Find an Advisor||$415,467,793||None|| || |
|5||Van Sant and Mewshaw, Inc Find an Advisor||$296,835,093||$296,835,093|| || |
|6||The Junk Investment Group Find an Advisor||$246,491,709||$750,000|| || |
|7||Bay Harbor Wealth Management, LLC Find an Advisor||$131,622,041||minimum liquid net worth of $500,000|| || |
Minimum Assetsminimum liquid net worth of $500,000
How We Found The Top Financial Advisors in Hunt Valley, MD
We began by creating a comprehensive list of all the financial advisory firms in Hunt Valley that were registered with the Securities and Exchange Commission (SEC). We then filtered the list for firms that have faced disciplinary action in the past 10 years. In addition, we removed firms whose client base isn’t at least half individual clients. The top seven firms in Hunt Valley, Maryland, are ranked here, starting with the biggest based on assets under management (AUM).
Verdence Capital Advisors, LLC
At the top of our list, Verdence Capital Advisors has more than $1.37 billion in assets under management (AUM). While it caters to business owners and professionals in the sports and entertainment industry, it also serves non-high-net-worth individuals, who make up the bulk of the client base - plus business entities, pension and profit-sharing plans, trusts, estates and charitable organizations. You don’t need a minimum account balance to work with Verdence Capital Advisors.
The firm offers wealth management, investment advisory and family office services, with an emphasis on its investment-related services. Depending on your needs, the firm can advise on such topics as retirement planning, estate planning and tax preparation.
Verdence Capital Advisors Background
Verdence Capital Advisors first opened its doors to the Hunt Valley community in 2017. Leo J. Kelly III is the principal owner and CEO. He oversees a team that features six accredited investment fiduciaries (AIFs), five certified financial planners (CFPs), three chartered retirement planning consultants (CRPCs), two certified investment management analysts (CIMAs) and two qualified family office professionals (QFOPs).
For its fiduciary services, the firm collects fees from you based on a percentage of your AUM or on a flat- or fixed-fee basis. Advisors who are affiliated with third-party firms may receive commissions for recommending products from these firms in their individual capacities.
Verdence Capital Advisors Investing Strategy
Verdence manages portfolios with asset allocations based on the client’s personal factors. These include investment goals, risk tolerance, time horizon and more. The firm currently allocates client assets across mutual funds, individual stocks and bonds, as it deems appropriate based on client profiles and variously sourced, investment research.
Tufton Capital Management, LLC
With more than $674.33 million in assets under management, Tufton Capital Management is second on our list. Its clients include individuals, high-net-worth individuals, pension and profit-sharing plans, 401(k) plan sponsors, trusts, estates, charitable organizations and corporations.
To become a client, you’d need a minimum account size of $500,000. Tufton Capital provides personal wealth management and institutional asset management services. In addition to investment help, advisors offer financial planning services, assisting you with such issues as saving for retirement, investing to meet long-term goals, creating a trust and protecting your estate.
Tufton Capital Management Background
Tufton Capital has been in business since 1995. J. Scott Murphy, Eric Schopf and Charles Meyer own the firm and continue working for it. The team at Tufton Capital features three chartered financial analysts (CFAs). Murphy serves as president with more than two decades of experience in the financial industry behind him. His career features stints at Brown Brothers Harriman & Co. and Legg Mason.
Advisors with Tufton Capital Management work on a fee-only basis. Thus, they collect fees solely from their clients. They don’t earn any compensation from third-party firms. Plus, no advisor in the firm is affiliated with any other business in the financial services industry.
Tufton Capital Management Investing Strategy
Tufton Capital emphasizes mitigating risk to capture strong returns. According to SEC records, it avoids extreme positions or opportunistic styles. The firm primarily allocates client assets across money market funds or other short-term investment vehicles, fixed income securities and equity securities. Occasionally, it may direct client assets toward mutual funds in order to capture exposure to certain asset classes.
Ultimately, your asset allocation would depend on your risk tolerance, financial goals and other personal factors.
Horan Capital Management, LLC
In business since 1995, Horan Capital Management manages about $575 million in assets. Most of the firm’s clients are non-high-net-worth individuals. It also serves high-net-worth individuals, pension plans, profit-sharing plans, trusts, estates, charitable organizations, corporations and other business entities.
To open a portfolio management account, you’d need a minimum investment of $500,000. In addition to individual client investment services, Horan Capital provides institutional sub-advisory services. Financial planners can also guide you through aspects of your financial life including saving for retirement, funding your child’s education through a 529 college savings plan, sheltering your estate and other money management tasks based on your needs.
Horan Capital Management Background
Horan Capital first opened its doors in 1995. CEO and Portfolio Manager John Gordon Heinlein is the sole proprietor. He oversees a team of three certified financial planners (CFPs), one certified investment management analyst (CIMA) and one certified private wealth advisor (CPWA).
These advisors work on a fee-only basis. So they earn compensation directly from clients for the services they provide. They don’t earn commissions or other payments from third-party firms for selling or recommending products.
Horan Capital Management Investing Strategy
Horan Capital’s investment strategy begins with an examination of your financial circumstances. It takes into account your investment goals, your current financial situation, your tolerance for risk and more. It then uses this information to build a personalized and diversified portfolio. In assessing investments, the firm employs fundamental analysis and primarily uses mutual funds. It notes that clients “should maintain a long-term outlook on investing due to day-to-day market volatility.”
The Financial Consulate, Inc.
Headquartered in Hunt Valley, The Financial Consulate (TFC) also has a branch office in Gettysburg, Pennsylvania. With nearly $415.5 million in assets under management, the firm serves a variety of clients including individuals, high-net-worth individuals, corporate pension and profit-sharing plans, Taft-Hartley plans, charitable institutions, foundations, endowments, municipalities and more.
Account minimums for asset-management services depend on the type of portfolio program you enroll in and its features. But they typically range from $5,000 to $50,000. TFC has far more clients who are non-high-net-worth than those who are. Offering wealth planning and investment management services, the firm can advise on such areas as:
- Cash-flow management
- Estate planning
- Education funding
- Insurance planning
- Investment advice
The Financial Consulate Background
The Financial Consulate was founded in 1983. Andrew V. Tignanelli wholly owns the firm. The team includes nine certified financial planners (CFPs), five certified public accountants (CPAs) and one accredited investment fiduciary (AIF).
The firm works on a fee-only basis. This means it collects compensation solely from its clients for the services it provides. It does not collect commissions or other types of payment from third parties for recommending or selling their products.
The Financial Consulate Investing Strategy
TFC bases its investment philosophy around strategic asset allocation. It creates diversified portfolios based on individual factors such as your risk tolerance, time horizon and overall investment goals. It also takes tax implications into account. In constructing client portfolios, the firm may use mutual funds, exchange-traded funds (ETFs), stocks, bonds, certificates of deposit (CDs), alternative investments and money market vehicles.
Van Sant and Mewshaw, Inc
Coming onto the financial services industry in 1992, Van Sant and Mewshaw (VSM) has grown to be a firm with more than $296.8 million in assets under management. It serves individuals, high-net-worth individuals, pension and profit-sharing plans, deferred compensation plans and 401(k) plan sponsors. Most of the firm’s clients fall outside the high-net-worth scope. To become a client, you’d need a minimum investment of $150,000.
In addition to portfolio management, the firm can design a holistic and personalized financial plan that addresses some or all of the topics below:
- Retirement planning
- Tax-efficient investment strategies
- Charitable giving
- Insurance analysis
- 529 college savings plan consulting
- Insurance analysis
- Long-term care analysis
- Legacy planning
Van Sant and Mewshaw Background
Robert F. Mewshaw is the firm’s president and sole stockholder. He manages a four-man investment advisory team that includes one certified financial planner (CFP). Mewshaw’s experience spans more than 30 years.
The advisory team works on a fee-only basis. So advisors earn their compensation solely from clients for the services they provide. They do not earn commissions from third-party firms for making certain sales or recommendations.
Van Sant and Mewshaw Investing Strategy
In formulating client portfolios, VSM follows these tenets:
- Capital markets work and create wealth
- Diversification is key in portfolio construction
- Risk and return are Inextricably Intertwined
- Portfolio structure explains performance
- Investor behavior determines performance
As a result, the firm aims to build diversified portfolios that adhere to a client’s risk tolerance and investing goals in order to capture long-term growth. The firm primarily utilizes index mutual funds. It may also invest client assets across exchange-traded funds (ETFs).
The Junk Investment Group
The Junk Investment Group takes its name from its founder, Ivan Richard Junk. The family-led firm manages nearly $246.5 million in assets. Its client base mainly consists of individuals and high-net-worth individuals plus their trusts, estates and charitable organizations. It also works with pension and profit-sharing plans. Its individual client base consists of about as many high-net-worth people as those outside that category.
You need a minimum $1,000 for financial planning services, which can cover such areas as tax planning, asset allocation, risk management and retirement planning. For portfolio management services, the firm requires a $750,000 aggregate account minimum for new clients.
The Junk Investment Group Background
Ivan Richard Junk, a certified financial planner (CFP), has been an investment advisor registered with the SEC since 1987. He is the sole proprietor and leads a three-person advisor team that includes Cassandra Junk. She has been active in the industry for nearly 30 years and serves as managing partner and income distribution specialist.
Investment advisory services are on a fee basis as are stand-alone financial services. Advisors who are insurance agents do receive commissions in their other capacities.
The Junk Investment Group Investing Strategy
The firm designs portfolios based on the client’s individual needs, goals and risk tolerance. It generally implements asset allocation with mutual funds, annuities, exchange-traded funds (ETFs) and individual stocks. The firm also offers access to digital investing and savings tools such as retirement calculators.
Bay Harbor Wealth Management, LLC
Bay Harbor Wealth Management is an independently owned financial advisory firm with more than $131.6 million in assets under management. It generally provides investment advice to individuals, high-net-worth individuals and trusts. To establish a relationship, clients must generally have a minimum liquid net worth of $500,000.
The firm mainly focuses on asset management, but it can provide stand-alone financial planning services upon request. The firm designs these plans based on analysis of your current situation and goals. It may cover:
- Mortgage/debt analysis
- Retirement savings
- Estate planning
- College funding
- Charitable giving
- Corporate and personal tax planning
- Corporate structure
- Business financial planning
Bay Harbor Wealth Management Background
Bay Harbor Wealth Management has been in operation since 2011. Chief Compliance Officer Lance Scott wholly owns the firm. The team includes one certified financial planner (CFP) and one accredited investment fiduciary (AIF).
Bay Harbor Wealth Management may collect fees as a percentage of your account size or on a flat or hourly basis for specific financial planning services. Individual advisor representatives of the firm may sell products from other companies they are affiliated with and can thus earn commissions for such transactions
Bay Harbor Wealth Management Investment Strategy
Bay Harbor Wealth Management creates portfolios tailored to individual goals and personal factors such as tolerance for risk, time horizon and current financial situation. It generally recommends equities, exchange-traded funds (ETFs) and bonds. The firm also uses tactical asset allocation, actively adjusting your asset allocation based on certain factors like market conditions. Additionally, it may employ a passive investing strategy when deemed appropriate.