Top 6 financial advisor firms in Timonium

6 SEC-registered financial advisor firms are headquartered in Timonium, MD, with $3.79B in combined regulatory assets under management. The largest by assets are Berman McAleer ($1.82B), The L. Warner Companies ($802M) and L. K. Benson & Company, P.C. ($446M).

6
Financial advisor firms: $3.79B
Their combined AUM: $375M
Median firm AUM: 1,926
Clients of the top 6

The 6 largest by assets

1
Berman McAleer
RIA
$1.82B
0.20% to 1.00% a year
2
The L. Warner Companies
RIA
$802M
Up to 1.50% a year
3
L. K. Benson & Company, P.C.
RIA
$446M
Regulatory AUM
4
Hergenroeder Financial Advisors
RIA
$305M
1.00% to 1.60% a year
5
Waypoint Wealth Management
RIA
$242M
0.60% to 1.25% a year
6
Thompson Wealth Solutions
RIA
$172M
0.65% to 0.95% a year

Profiles of the top 6

No. 1 · RIA

Berman McAleer

Berman McAleer is an investment adviser based in Timonium, MD, registered with the SEC since 2025. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients, and corporations and other businesses. Its regulatory assets under management total $1.82 billion, as filed on 28 September 2026.

Berman McAleer charges 0.20%–1.00% a year for its Asset Management Services.

Regulatory AUM: $1.82B
Clients: 649
Advisory staff: 14
Founded: 2002
Fee schedule: 0.20% to 1.00% a year
Minimum account: $1,500,000
Custodians: Fidelity
Headquarters: 9690 Deereco Road, Suite 800, Timonium, MD 21093
Phone: 410-560-9960
Website: bmcplanning.com

No. 2 · RIA

The L. Warner Companies

The L. Warner Companies is an investment adviser based in Timonium, MD, registered with the SEC since 1999. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients, and pension and profit-sharing plans. Its regulatory assets under management total $802 million, as filed on 5 August 2026.

The L. Warner Companies charges up to 1.50% a year for its Investment supervisory fees.

Regulatory AUM: $802M
Clients: 465
Advisory staff: 9
Founded: 1992
Fee schedule: Up to 1.50% a year
Custodians: Charles Schwab
Headquarters: 9690 Deereco Road, Suite 650, Timonium, MD 21093
Phone: 410-252-0808
Website: lwarner.com

No. 3 · RIA

L. K. Benson & Company, P.C.

L. K. Benson & Company, P.C. is an investment adviser based in Timonium, MD, registered with the SEC since 1994. It provides financial planning and investment management. Its clients include high-net-worth individuals and individual clients. Its regulatory assets under management total $446 million, as filed on 30 July 2026.

Regulatory AUM: $446M
Clients: 103
Advisory staff: 2
Founded: 1994
Custodians: Charles Schwab
Headquarters: 9690 Deereco Road, Suite 430, Timonium, MD 21093
Phone: 410-494-6680
Website: lkbenson.com

No. 4 · RIA

Hergenroeder Financial Advisors

Hergenroeder Financial Advisors is an investment adviser based in Timonium, MD, registered with the SEC since 2015. It provides financial planning and investment management. Its clients include high-net-worth individuals and individual clients. Its regulatory assets under management total $305 million, as filed on 4 February 2026.

Hergenroeder Financial Advisors charges 1.00%–1.60% a year for its Investment Management Services.

Regulatory AUM: $305M
Clients: 421
Advisory staff: 3
Fee schedule: 1.00% to 1.60% a year
Custodians: LPL Financial
Headquarters: 1954 Greenspring Drive, Suite 230, Timonium, MD 21093
Phone: 410-769-8262
Website: hfainc.net

No. 5 · RIA

Waypoint Wealth Management

Waypoint Wealth Management is an investment adviser based in Timonium, MD, registered with the SEC since 2017. It provides financial planning and investment management. Its clients include high-net-worth individuals, individual clients, and corporations and other businesses. Its regulatory assets under management total $242 million, as filed on 5 August 2026.

Waypoint Wealth Management charges 0.60%–1.25% a year for its Investment Management Services.

Regulatory AUM: $242M
Clients: 207
Advisory staff: 1
Founded: 2010
Fee schedule: 0.60% to 1.25% a year
Custodians: Charles Schwab
Headquarters: 9515 Deereco Road, Suite 1001, Timonium, MD 21093
Phone: 410-561-3994
Website: waypointwm.com

No. 6 · RIA

Thompson Wealth Solutions

Thompson Wealth Solutions is an investment adviser based in Timonium, MD, registered with the SEC since 2025. It provides financial planning and investment management. Its clients include high-net-worth individuals and individual clients. Its regulatory assets under management total $172 million, as filed on 9 June 2026.

Thompson Wealth Solutions charges 0.65%–0.95% a year for its Wealth Management Services.

Regulatory AUM: $172M
Clients: 81
Advisory staff: 1
Fee schedule: 0.65% to 0.95% a year
Minimum account: $1,000,000
Custodians: Fidelity
Headquarters: 1954 Greenspring DR, Suite 310, Timonium, MD 21093
Phone: 410-683-9263
Website: metawealthadvisory.com

Questions about financial advisors in Timonium

How many financial advisor firms are headquartered in Timonium?

6 SEC-registered financial advisor firms report their principal office in Timonium, MD, managing $3.79B in regulatory assets between them.

Source: Form ADV Part 1A, Items 1.F, 5.D and 5.F

What is the largest financial advisor firm in Timonium?

Berman McAleer, with $1.82B in regulatory assets under management on its latest Form ADV. The next largest are The L. Warner Companies ($802M) and L. K. Benson & Company, P.C. ($446M).

Source: Form ADV Part 1A, Item 5.F

How large is a typical financial advisor firm in Timonium?

The median firm manages $375M in regulatory assets. That is the midpoint of the 6 firms headquartered in Timonium.

Source: Form ADV Part 1A, Item 5.F

How much do financial advisors in Timonium charge?

Of the 6 largest firms, 5 publish an asset-based fee schedule for their main service in their brochure. The highest rate in those schedules runs from 0.95% to 1.60% of assets, depending on the firm; each firm's fee is in its profile above.

Source: Form ADV Part 2A brochures, Item 5

How can I check a financial advisor's record in Timonium?

Search the firm or the person on the SEC's Investment Adviser Public Disclosure site, adviserinfo.sec.gov, which shows registrations, Form ADV filings and any disclosures. Each firm profile in this directory links its SEC record.

Source: SEC Investment Adviser Public Disclosure

How is this list ordered?

By regulatory assets under management as filed on Form ADV, largest first. A firm is included when its principal office is in the city and most of its client assets belong to individuals and its type is RIA, which leaves out broker-dealers, wirehouses, RIA networks, digital advice, bank, insurance and family-office firms. A firm with only a branch office here is listed in its own headquarters city.

Source: Niva directory methodology

Timonium has 6 financial advisor firms; see every adviser in the city →