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Top Financial Advisors in Rockville, MD

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This review was produced by SmartAsset based on publicly available information. The named firm and its financial professionals have not reviewed, approved, or endorsed this review and are not responsible for its accuracy. Review content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named firm and its financial professionals, and firms and financial professionals having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s reviews. This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the firm mentioned in this review or its financial professionals.

Finding the Top Financial Advisors in Rockville 

If you’re searching for a financial advisor in Rockville, Maryland, you’re in luck. SmartAsset did extensive research to unearth the top financial advisors in Rockville. We dig into their fee structure, services, expertise and more. If you need more help finding a financial advisor, try using SmartAsset's free matching tool. It will pair you with up to three advisors who serve your area in just a few minutes.

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Rank Financial Advisor Assets Managed Minimum Assets Financial Services More Information
1 XML Financial Group XML Financial Group logo Find an Advisor

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$2,257,740,308 No set account minimum
  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisers (including private fund managers)
  • Educational seminars/workshops

Minimum Assets

No set account minimum

Financial Services

  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisers (including private fund managers)
  • Educational seminars/workshops
2 Maryland Financial Group, Inc. Maryland Financial Group, Inc. logo Find an Advisor

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$1,019,695,530 Varies based on account type
  • Financial planning
  • Portfolio management

Minimum Assets

Varies based on account type

Financial Services

  • Financial planning
  • Portfolio management
3 SPC Financial Inc SPC Financial Inc logo Find an Advisor

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$1,145,122,986 Varies based on account type
  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisers (including private fund managers)
  • Publication of periodicals or newsletters
  • Educational seminars/workshops

Minimum Assets

Varies based on account type

Financial Services

  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisers (including private fund managers)
  • Publication of periodicals or newsletters
  • Educational seminars/workshops
4 Financial Services Advisory Financial Services Advisory logo Find an Advisor

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$842,896,540 Varies based on account type
  • Financial planning
  • Portfolio management

Minimum Assets

Varies based on account type

Financial Services

  • Financial planning
  • Portfolio management
5 CIC Wealth, LLC CIC Wealth, LLC logo Find an Advisor

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$749,851,739 $500,000
  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisors (including private fund managers)

Minimum Assets

$500,000

Financial Services

  • Financial planning
  • Portfolio management
  • Pension consulting
  • Selection of other advisors (including private fund managers)
6 Research Financial Strategies Research Financial Strategies logo Find an Advisor

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$419,891,507 $50,000
  • Portfolio management
  • Financial planning
  • Selection of other advisors (including private fund managers)
  • Publication of periodicals/newsletters
  • Educational seminars/workshops

Minimum Assets

$50,000

Financial Services

  • Portfolio management
  • Financial planning
  • Selection of other advisors (including private fund managers)
  • Publication of periodicals/newsletters
  • Educational seminars/workshops
7 Kendall Capital Management Kendall Capital Management logo Find an Advisor

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$479,545,821 $500,000
  • Portfolio management
  • Financial planning
  • Pension consulting

Minimum Assets

$500,000

Financial Services

  • Portfolio management
  • Financial planning
  • Pension consulting
8 Ferguson-Johnson Wealth Management, Inc. Ferguson-Johnson Wealth Management, Inc. logo Find an Advisor

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$232,950,640 $500,000
  • Portfolio management
  • Financial planning

Minimum Assets

$500,000

Financial Services

  • Portfolio management
  • Financial planning
9 WMS Advisors, LLC WMS Advisors, LLC logo Find an Advisor

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$164,700,540 $100,000
  • Company sponsored retirement plans
  • Tax favored investment strategies
  • Retirement projections and goal planning

Minimum Assets

$100,000

Financial Services

  • Company sponsored retirement plans
  • Tax favored investment strategies
  • Retirement projections and goal planning
10 Eaglestone Wealth Advisors, Inc. Eaglestone Wealth Advisors, Inc. logo Find an Advisor

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$ 239,013,656 $80,000
  • Portfolio management
  • Financial planning
  • Pension consulting
  • Selection of other advisors

Minimum Assets

$80,000

Financial Services

  • Portfolio management
  • Financial planning
  • Pension consulting
  • Selection of other advisors

What We Use in Our Methodology

To find the top financial advisors in Rockville, we first identified all firms registered with the SEC in the city. Next, we filtered out firms that don't offer financial planning services, those that don't serve primarily individual clients and those that have disclosures on their record. The qualifying firms were then ranked according to the following criteria:

  • AUM
    Firms with more total assets under management are ranked higher.
  • Individual Client Count
    Firms who serve more individual clients (as opposed to institutional clients) are ranked higher.
  • Clients Per Advisor
    Firms with a lower ratio of clients per financial advisor are ranked higher.
  • Age of Firm
    Firms that have been in business longer are ranked higher.
  • Fee Structure
    Firms with a fee-only (as opposed to fee-based) compensation structure are ranked higher.

All information is accurate as of the writing of this article. This list may include firms that have a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. Such relationships have no impact on our rankings, and firms are included and ranked based strictly on the above criteria.

XML Financial Group

XML Financial Group, the No. 1 firm on our list, has more assets under management than any other practice. The firm works with over 1,980 clients, including individuals, high-net-worth individuals, estates, trusts, pension and profit-sharing plans and businesses. The firm does not have a set account minimum.

The firm’s team in Rockville features five wealth advisors, four client associates, one president, one chief operating officer and two co-founders.

As a fee-only practice, XML's revenue is compensated solely from the fees that clients pay, not commissions for selling third-party products and services. 

XML Financial Group Background 

XML Financial first came into the financial services industry in 2016. Today, it exists as a wholly-owned subsidiary of Focus Operating, LLC, which in turn is a subsidiary of Focus Financial Partners, LLC.

XML Financial offers investment advice in addition to stand-alone financial planning services like estate planning, retirement plan management and trust funds.  

In September of 2021, the company welcomed Robert Collins and the team at Collins Investment Group, now a division of XML, based in Bethesda, Maryland.  

XML Financial Group Investment Strategy

XML Financial runs various asset-management programs through different investment advisor representatives (IARs). Based on your needs, it may recommend a particular model with a specific asset allocation and investment objective. XML Financial will build a strategy based on your individual financial circumstances and investment goals. It may construct your portfolio with exchange-traded funds (ETFs), closed end fundsunit investment trusts and certain mutual funds.

Maryland Financial Group

Maryland Financial Group is No.2 on our list, and the company is a fee-based financial advisor firm located in Rockville, Maryland. The firm works primarily with individual clients, but also offers services to institutional investors. 

Maryland Financial Group offers both discretionary portfolio management and financial planning services to its client base. Required account minimums vary by type of account.

Maryland Financial Group Background

Maryland Financial Group was acquired by The Monitor Group, a financial services firm also based in Rockville, in 2005. The Monitor Group remains the firm’s principal owner. Christopher and Amy Cox are the managing members of The Monitor Group.

As a result, the firm also offers its services under the following names: The Monitor Group, Newcorp Wealth Strategies, Legacy Wealth Management, Coastal Wealth Management, Barnett Wealth Advisors, Integrigen Wealth Management and MFG Business Design.

Securities at the firm are offered through LPL Financial.

Maryland Financial Group Investment Strategy

As the client's individual investment strategy will be geared towards their needs, Maryland Financial Group initially designs each portfolio to meet a particular investment goal, which Maryland Financial Group determines to be suitable to the client's circumstances. Once the appropriate portfolio has been determined, MFG will review the portfolio at least quarterly and if necessary, rebalance the portfolio based upon the client's individual needs, stated goals and objectives. 

The Maryland Financial Group uses a combination of charting, fundamental and technical analysis in order to formulate investment advice when managing assets. Depending on the analysis the firm will implement a long or short term trading strategy based on the particular objectives and risk tolerance of a particular client.

SPC Financial Inc

No.3 on our list is SPC Financial, which is an investment advisory firm that oversees the second-most assets under management (AUM) on this list. The firm provides services to a wide net of clients that ranges over 1,000, including individuals and high-net-worth individuals, as well as their related trusts, estates and more. The firm also extends its advice to corporations, charities, pensions and profit-sharing plans. 

While the firm does not require a minimum account size for financial planning, clients with Raymond James Ambassador accounts must have asset levels of at least $25,000. 

The firm collects fees based on a portion of your AUM or on a fixed or hourly basis for stand-alone financial planning services. Advisors of SPC Financial are also members of other financial services businesses. In their individual capacities, they may earn commissions from such firms for selling their products, making SPC Financial a fee-based firm

When you work with SPC Financial, you'll have access to seven financial advisors, six certified financial planners (CFPs), six client service associates (CSA) and five certified public accountants (CPAs).

SPC Financial Background 

SPC Financial formed in 1970, making it the longest tenured firm on our list. Edward G. Sella owns the business and continues to provide services on behalf of SPC Financial. 

In addition to asset management, SPC Financial advisors can advise on different aspects of your financial life from budgeting and savings to retirement and estate planning. 

SPC Financial Investment Strategy 

SPC Financial develops investment portfolios based on your individual circumstances, incluidng your risk tolerance, time horizon and tax status. It may invest your assets among different securities including the following: 

  • Equity securities 
  • Corporate debt securities (other than commercial paper)
  • Certificates of deposits (CD)
  • Municipal securities
  • Mutual funds
  • Exchange Traded Funds (ETF)
  • U.S. government securities
  • Options contracts on securities
  • Other types of investments including collectibles, hard assets, life insurance, unit investment trusts, alternative investments

Financial Services Advisory

Financial Services Advisory, No. 4 on our list, currently holds the fourth most assets under management (AUM). The firm works with individuals, high-net-worth individuals, estates, trusts and businesses. Financial Services Advisory doesn’t require an account minimum to start a relationship. 

The firm’s team features six certified financial planners (CFPs), one financial planner qualified professional (FPQP), three client service associates (CSA) and four members on their investment management team.

Financial Advisory Services operates on a fee-only basis. This means that neither the firm nor its members are affiliated with other businesses or earn third-party commissions. They collect fees solely from their clients for the services they provide. 

Financial Services Advisory Background

Financial Advisory Services first opened its doors in 1982. Today, David R. Petersen and James E. Joseph own the firm and remain on staff. 

Financial Advisory Services can design a personalized financial plan to help you meet your goals. Depending on your needs, it may touch on tax planning, estate planning, tax strategy and education planning. 

Financial Services Advisory Investment Strategy

Financial Services Advisory manages portfolios with asset allocations that reflect your personal situation such as your risk tolerance and long-term goals. Once it sets your asset allocation, the firm mainly invests in mutual funds and exchange-traded funds (ETFs). 

"Our asset management services are designed to increase your portfolio value during rising markets and use our exit strategy called FSA Safety Net to help reduce losses during sustained downward trends," the firm states in its brochure. 

CIC Wealth, LLC

No.5 on our list CIC Wealth, which is a financial services firm that specializes in asset management. The firm works with a variety of clients including individuals with and without high net worths, businesses, trusts, estates and retirement plans. The firm typically requires clients maintain a minimum asset level of $500,000.

As a fee-based firm, advisors may also be affiliated with other financial services firms. In their individual capacities, they may collect commissions from these third parties when they sell specific investment or insurance products. However, this potential conflict of interest is mitigated by the firm's fiduciary duty to act clients' best interests.

CIC Wealth Background 

CIC Wealth came onto the financial services scene in 2017 and remains a wholly-owned subsidiary of CIC Wealth Holdings. The firm's CEO Ryan Wibberley and president Michael Fein are the majority owners of CIC Wealth Holdings, LLC.

CIC Wealth offers clients investment management, retirement plan advisory services and financial planning advice on saving for retirement, education planning and charitable giving. 

CIC Wealth Investment Strategies 

The firm’s advisors can manage an investment portfolio on your behalf and design a comprehensive financial plan based on your individual needs and goals.

CIC Wealth aims to customize your portfolio to reflect your individual circumstances such as your risk tolerance and your investment goals. The firm's investment approach is primarily focused on the long term. It does not limit itself to specific securities. Depending on your financial profile, it may invest your assets across some or all of the following:

  • Mutual funds
  • Exchange-traded funds (ETFs)
  • Stocks
  • Bonds
  • Options contracts 

Research Financial Strategies

Research Financial Strategies is a fee-based firm serving individuals, high-net-worth individuals, pension and profit sharing plans, trusts, estates, charitable organizations, corporations or business entities. 

The firm mainly charges asset-based fees, fixed fees and hourly fees. However, some advisors earn commissions, creating a conflict of interest if they favor products with higher fees over more suitable, non-commissioned products for clients. Research Financial says it mitigates this by acting as a fiduciary for all of its clients. 

Members of the Research Financial team are equipped with several certifications, including the certified financial planner (CFP), certified public accountant (CPA) and chartered retirement planning counselor (CRPC) designations.

The firm has a minimum account size requirement of $50,000.

Research Financial Strategies Background

Legally named Reutemann Financial Solutions, Inc., Research Financial Strategies began conducting business in 1992. The firm was founded by John F. Reutemann Jr., who has worked in financial services since 1972.

The firm provides an array of advisory services, including portfolio management, financial planning, advisor selection, publication of periodicals and educational seminars and workshops.

Research Financial Strategies Investment Strategy

This firm says it formulates investment advice using charting analysis, cyclical analysis, fundamental analysis and technical analysis. Research Financial’s investment strategies include long-term purchases, short-term purchases, trading and margin transactions.

The firm provides investment advice to clients on a variety of securities, including:

Kendall Capital Management

Fee-only firm Kendall Capital Management, the next practice on our list, has a client base made up of individuals, high-net-worth individuals, pension and profit-sharing plans and charities. The firm, which requires a minimum account size of $500,000, also works with insurance companies.

Collectively, Kendall Capital’s team offers the certified financial planner (CFP), chartered financial analyst (CFA), accredited estate planner (AEP), certified alternative investment analyst (CAIA) and financial risk manager (FRM) designations. 

The firm charges asset-based fees, fixed fees and hourly fees for its advisory services. Unlike fee-based firms, Kendall Capital Management advisors do not earn commissions for selling third-party products or services. 

Kendall Capital Management Background

Founded in 2005 by Clark A. Kendall, Kendall Capital Management functions as a registered investment advisor (RIA) firm. Kendall serves as the firm's president and remains its sole shareholder.

Kendall Capital Management's advisory services include financial planning, portfolio management and pension consulting. 

Kendall Capital Management Investment Strategy 

Kendall Capital applies a range of investment methods when offering advice. These include fundamental analysis, asset allocation, quantitative analysis, charting analysis, cyclical analysis, qualitative analysis and technical analysis. 

This firm mainly invests in exchange-listed securities, securities traded over-the-counter, foreign issuers, warrants, corporate debt securities, commercial paper, certificates of deposit (CDs), municipal securities, variable life insurance, variable annuities, mutual fund shares and U.S. governmental securities and more.

Ferguson-Johnson Wealth Management, Inc.

No.8 on our list is Ferguson-Johnson Wealth Management, which is a fee-only firm serving high-net-worth individuals, individuals, pension and profit-sharing plans and charitable organizations.

Its staff includes one certified financial planner (CFP) and one chartered retirement planning counselor (CRPC).

For its advisory services, the firm charges asset-based fees and hourly fees. Ferguson-Johnson mandates that all new clients meet a minimum account size requirement of $500,000.

Ferguson-Johnson Wealth Management Background

Established in 1978, Ferguson-Johnson specializes in portfolio management and financial planning services. The firm’s financial planning services also target areas such as insurance planning, cash-flow needs, retirement planning, estate planning and more.

Derek Johnson, who holds the CRPC designation, is the firm’s majority shareholder. He has worked at Ferguson-Johnson for over 20 years. 

Ferguson-Johnson Wealth Management Investment Strategy 

Ferguson-Johnson says on its firm brochure that it applies a disciplined, consistent and non-speculative investment process based on a passive investment approach. The firm also believes in maintaining a long-term investment approach and diversifying across numerous asset classes. "After years of investing and exposure to virtually every investment style, we believe that a passive index investing approach is prudent as a core holding for most investors," the firm's brochure states.  

The firm may also invest client asses in exchange-traded funds (ETFs), which provide more flexibility to be traded throughout the day, unlike index funds or actively managed mutual funds. 

WMS Advisors

No.9 on our top-10 list is WMS Advisors, a fee-based firm that serves to provide advice on company sponsored retirement plans, tax favored investment strategies, retirement projections and goal planning.

The WMS Advisors team in Rockville consists of five certified financial planners (CFPs), two certified public accountants (CPAs) and one client service associate.

WMS' minimum investment is $100,000 for all clients except those who have a 529 plan, where the minimum investment will be $15,000.

WMS Advisors Background 

WMS Advisors was founded in December of 2006 and the principal owners are TWG-Advisor Grp, Inc., which is owned by David R. Williams, and TGM Capital, LLC, which is owned by Thomas MacLennan.

WMS Advisors Investment Strategy

WMS Advisors looks to manage individually tailored investment portfolios on a non-discretionary basis. The firm also looks to provide continuous advice to a client regarding the investment of client funds based on the individual needs of the client. 

WMS Advisors offers investment advice to the following types of clients: Individuals and families, Pension and profit-sharing plans, trusts, estates, or charitable organizations, corporations or business entities.

Eaglestone Wealth Advisors

Rounding out the top-10 advisor firms in Rockville is Eaglestone Wealth Advisors, which is a fee-based firm that serves clients that include, but are not limited to individuals, nonprofits, foundations, corporations, partnerships, estates, trusts and pension/profit sharing plans.

Eaglestone Wealth Advisors team in Rockville consists of one certified public accountant (CPA), two certified financial planners (CFPs) and one certified public accountant (CPA).

The firm has a minimum account size requirement of $80,000.

Eaglestone Wealth Advisors Background 

Eaglestone Wealth Advisers was founded in 2007 by CEO James Warring. The company is owned by Eaglestone Tax & Wealth Advisors Inc.

Eaglestone Wealth Advisors Investment Strategy

Eaglesstone Wealth Advisors uses the "modern portfolio theory" as recognized by the 1990 Nobel Prize. This theory is classified as a disciplined and proven approach to investing, quantifies risk and mathematically explains why and how portfolio diversification works to reduce volatility and/or increase investment returns.

Eaglesstone Wealth Advisors look to help clients who have needs in the following areas:

  • Investment portfolio management
  • Wealth accumulation and preservation
  • Retirement planning/financial planning
  • Tax planning
  • College Funding
  • Real estate investment guidance
  • Alternative investments
  • Insurance

How Long $1 Million Lasts in Retirement

SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Zoom between states and the national map to see the top spots in each region. Also, scroll over any city to learn about the cost of living in retirement for that location.

Least
Most
Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology We weighed potential expenditures for a prospective retiree with a  $1 million nest egg to assess how many years that fund would cover in retirement in America’s largest cities.

We applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. Using this data, SmartAsset calculated the average cost of living for retirees in metro areas across the U.S.

We assumed the $1 million would grow at a net annual return of 2% after inflation. Then, we divided $1 million by the sum of each of those annual numbers to determine how long $1 million would cover retirement expenses in each of the cities in our study. Cities where $1 million lasted the longest ranked the highest in the study.