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As of May 2026, RatingsNearMe ranks 14 financial advisors in Ellicott City, MD by verified customer ratings and review volume. The highest-rated is Freedom Path Financial with a 5.0-star rating from 16 verified reviews. Also in the top tier: Seth Gusman - Edelman Financial Engines and Patrick Durbin - Edelman Financial Engines. The average rating across all listed financial advisors in Ellicott City is 5 stars from 6 reviews per business on average.
Financial advisors in Ellicott City typically charge 0.5–1.5% of assets under management annually, or $200–$500/hr fee-only.
Rankings updated May 17, 2026 · Scored by ratings (35%), review volume (30%), sentiment (20%), completeness (10%), availability (5%) · Not paid placement.
Local Market Snapshot
14
Businesses listed
5★
Avg rating
6
Avg reviews
May 17, 2026
Last updated
Top Rated Financial Advisors
Freedom Path Financial
5054 Dorsey Hall Dr Suit 205, Ellicott City, MD 21042, USA
Seth Gusman - Edelman Financial Engines
6031 University Blvd #150, Ellicott City, MD 21043, USA
Patrick Durbin - Edelman Financial Engines
6031 University Blvd #150, Ellicott City, MD 21043, USA
Financial Advisors Rankings in Ellicott City, MD
| # | Business | Rating | Reviews |
|---|---|---|---|
| #1 | Freedom Path Financial5054 Dorsey Hall Dr Suit 205, Ellicott City, MD 21042, USA | 5.0★ | 16 |
| #2 | Seth Gusman - Edelman Financial Engines6031 University Blvd #150, Ellicott City, MD 21043, USA | 5.0★ | 13 |
| #3 | Patrick Durbin - Edelman Financial Engines6031 University Blvd #150, Ellicott City, MD 21043, USA | 5.0★ | 7 |
| #4 | Morgan Wealth Advisory Group - Ameriprise Financial Services, LLC6011 University Blvd Ste 300, Ellicott City, MD 21043, USA | 5.0★ | 2 |
| #5 | Edelman Financial Engines6031 University Blvd #150, Ellicott City, MD 21043, USA | 5.0★ | 1 |
| #6 | Carlson Advisory & Wealth Management - Ameriprise Financial Services, LLC6021 University Blvd Suite 255, Ellicott City, MD 21043, USA | — | — |
| #7 | Ravindra Dixit - Private Wealth Advisor, Ameriprise Financial Services, LLC5070 Dorsey Hall Dr Ste 101, Ellicott City, MD 21042, USA | 5.0★ | 1 |
| #8 | Stonebridge Advisors, Inc24 Frederick Rd, Ellicott City, MD 21043, USA | — | — |
| #9 | Stephen M Molesky & Associates Inc5026 Dorsey Hall Dr, Ellicott City, MD 21042, USA | 5.0★ | 1 |
| #10 | Edward Jones - Financial Advisor: John A Dove, CFP®|CEPA®|AAMS®9090 Chevrolet Dr, Ellicott City, MD 21042, USA | — | — |
Ranked by verified ratings & review volume · Data from Google Business listings · Updated May 2026
All Financial Advisors in Ellicott City
Morgan Wealth Advisory Group - Ameriprise Financial Services, LLC
6011 University Blvd Ste 300, Ellicott City, MD 21043, USA
Edelman Financial Engines
6031 University Blvd #150, Ellicott City, MD 21043, USA
Carlson Advisory & Wealth Management - Ameriprise Financial Services, LLC
6021 University Blvd Suite 255, Ellicott City, MD 21043, USA
Ravindra Dixit - Private Wealth Advisor, Ameriprise Financial Services, LLC
5070 Dorsey Hall Dr Ste 101, Ellicott City, MD 21042, USA
Stonebridge Advisors, Inc
24 Frederick Rd, Ellicott City, MD 21043, USA
Stephen M Molesky & Associates Inc
5026 Dorsey Hall Dr, Ellicott City, MD 21042, USA
Edward Jones - Financial Advisor: John A Dove, CFP®|CEPA®|AAMS®
9090 Chevrolet Dr, Ellicott City, MD 21042, USA
William A Morgan - Private Wealth Advisor, Ameriprise Financial Services, LLC
6011 University Blvd Ste 300, Ellicott City, MD 21043, USA
Lee Financial Associates, Inc.
5018 Dorsey Hall Dr # 204, Ellicott City, MD 21042, USA
HWA Financial Group
3448 Ellicott Center Dr # 101, Ellicott City, MD 21043, USA
BD Wealth Management
6021 University Blvd Suite 440, Ellicott City, MD 21043, USA
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Frequently Asked Questions — Financial Advisors in Ellicott City
What is a fiduciary financial advisor and why does it matter in Ellicott City?
A fiduciary is legally required to act in your interest at all times. Non-fiduciary advisors (like some broker-dealers) only need to recommend "suitable" products, which may earn them higher commissions. Before hiring any financial advisor in Ellicott City, ask directly: "Are you a fiduciary 100% of the time?" If they hesitate, keep looking.
How do I verify a financial advisor is registered and legitimate?
Use FINRA BrokerCheck (finra.org/brokercheck) to verify licenses and check for complaints or disciplinary actions. For Registered Investment Advisors, search SEC's IAPD at adviserinfo.sec.gov. CFP credentials can be verified at cfp.net/verify. These are free public tools — always check before handing over your finances.
How do financial advisors charge for their services in Ellicott City?
Three main structures: (1) Fee-only — flat fee, hourly ($200–$500/hr), or a percentage of assets under management (typically 0.5–1.5% annually) with no commissions; (2) Fee-based — advisory fee plus commissions on products they sell; (3) Commission-only — free to meet, they earn commissions on products. Fee-only is the most transparent and avoids conflicts of interest.
What credentials should I look for in a financial advisor?
CFP (Certified Financial Planner) is the gold standard for comprehensive financial planning. CFA (Chartered Financial Analyst) is strongest for investment management. CPWA, ChFC, and RICP are recognized specializations. Avoid "advisor" titles without credentials — the term is unregulated. Verify any credential directly with the issuing organization.
How are the financial advisors on this page ranked?
Rankings use a transparent algorithm: star rating (35%), review volume (30%), customer sentiment (20%), profile completeness (10%), and availability (5%). Featured Partner listings have paid for enhanced visibility but must still earn their position through real customer reviews — sponsored listings are clearly labeled.
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How Rankings Work on This Page
Every financial advisors on RatingsNearMe is scored transparently: star rating (35%), review volume (30%), customer sentiment (20%), profile completeness (10%), and availability (5%). Businesses labeled exclusive or premium are Featured Partners — they have paid for enhanced visibility but must still rank through real customer reviews. We cap sponsored boosts so bad businesses can never buy the top spot.
Editorial notice: Ratings are based on publicly available data from Google Business listings. Consumers should independently verify licensing, insurance, and credentials before hiring any service provider. Last updated: May 17, 2026.
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