How to Apply
Getting licensed as a Financial Planner (CFP) in Maryland starts with meeting the educational prerequisites set by the MD licensing authority. Once you have completed your training, you will need to register for and pass the CFP Board Exam. After passing, submit your application along with all required documents to the Maryland state board.
Requirements
Maryland has specific requirements for Financial Planner (CFP) licensure that applicants must fulfill. You must be at least 18 years old and hold a valid government-issued identification. Educational requirements include completing an accredited program relevant to provide comprehensive financial planning advice. A clean background check is mandatory in MD, and you must demonstrate good moral character. The CFP Board Exam must be passed with a minimum score set by the Maryland board.
Fees & Costs
The initial application fee for a Financial Planner (CFP) license in Maryland is approximately $400. This fee covers the processing of your application and initial license issuance. MD also charges an examination fee which is typically paid directly to the testing provider. Late application submissions in Maryland may incur additional penalties of up to $100.
License Fee Calculator — Financial Planner (CFP) in Maryland
Renewal Process
Maryland requires Financial Planner (CFP) license holders to renew their credentials every 2 years. The renewal fee is $275 in MD. Continuing education requirements must be met before the renewal application is submitted. Maryland offers both online and mail-in renewal options for licensed professionals.
License Expiry Calculator — Financial Planner (CFP) in MD
Enter your license issue date to see when renewal is due. Maryland requires renewal every 2 years.
Additional Information
Working as a Financial Planner (CFP) in Maryland offers numerous opportunities for career growth and professional development. MD has a robust job market for licensed professionals in this field. The state board actively works to streamline the licensing process while maintaining rigorous standards. Maryland also participates in interstate licensing compacts, which may facilitate practice across state lines for qualified Financial Planner (CFP) professionals.
Document Checklist — Financial Planner (CFP)
0 of 6 documents ready
Frequently Asked Questions
License Reciprocity: Can I Use My Maryland Financial Planner (CFP) License in Other States?
Reciprocity varies by state. Always verify with the destination state's licensing board before practicing.
| Destination State | Reciprocity | Notes |
|---|---|---|
| Alaska (AK) | Partial | AK requires additional exam or paperwork for MD license holders. |
| Alabama (AL) | Partial | AL requires additional exam or paperwork for MD license holders. |
| Arizona (AZ) | Partial | AZ requires additional exam or paperwork for MD license holders. |
| Arkansas (AR) | Partial | AR requires additional exam or paperwork for MD license holders. |
| Colorado (CO) | Partial | CO requires additional exam or paperwork for MD license holders. |
| Delaware (DE) | Partial | DE requires additional exam or paperwork for MD license holders. |
| California (CA) | Partial | CA requires additional exam or paperwork for MD license holders. |
| Florida (FL) | Full | FL accepts MD Financial Planner (CFP) license via reciprocity agreement. |
Where to File Locally in Maryland
Visit a licensing department office near you for in-person assistance.
Baltimore
500 N Calvert St, Baltimore, MD 21202
(410) 230-6001
Mon-Fri 8:30 AM - 4:30 PM
Annapolis
100 State Circle, Annapolis, MD 21401
(410) 974-3901
Mon-Fri 8:30 AM - 4:30 PM
Rockville
255 Rockville Pike, Rockville, MD 20850
(240) 777-1000
Mon-Fri 8:30 AM - 4:30 PM
Frederick
100 W Patrick St, Frederick, MD 21701
(301) 600-1100
Mon-Fri 8:30 AM - 4:30 PM
Silver Spring
8818 Georgia Ave, Silver Spring, MD 20910
(240) 773-0300
Mon-Fri 8:30 AM - 4:30 PM
Official Maryland Resources
Always verify requirements directly with the Maryland state board. Regulations may change.
Maryland Licensing Board
https://www.dllr.state.md.us
Contact Phone
(410) 230-6001
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US License Guide is a private informational resource and is not affiliated with, endorsed by, or connected to any federal, state, or local government agency. The information provided on this website is for general guidance purposes only and should not be considered legal or professional advice. Licensing requirements, fees, and procedures may change without notice. Always verify current requirements directly with your state's official licensing board before making any decisions. Use of this site does not create any professional-client relationship.