How to Apply
If you are looking to start your career as a Investment Advisor in Maryland, the licensing process begins with education. MD mandates specific coursework before you can sit for the Series 65 or Series 66 Exam. Upon passing the exam, you can proceed to file your application with the appropriate Maryland regulatory board.
Requirements
To qualify for Investment Advisor licensure in Maryland, candidates must satisfy several prerequisites. MD mandates completion of an approved training program, successful passage of the Series 65 or Series 66 Exam, and a clean criminal background check. Additional requirements may include proof of residency and professional references as determined by the Maryland regulatory authority.
Fees & Costs
Maryland sets the Investment Advisor license application fee at $500. This is a one-time fee for new applicants in MD. Additional costs may include fingerprinting fees, background check fees, and exam registration. The total out-of-pocket cost for new licensees in Maryland typically ranges from $500 to $700.
License Fee Calculator — Investment Advisor in Maryland
Renewal Process
Maryland requires Investment Advisor license holders to renew their credentials every 1 year. The renewal fee is $350 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 — Investment Advisor in MD
Enter your license issue date to see when renewal is due. Maryland requires renewal every 1 year.
Additional Information
Working as a Investment Advisor 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 Investment Advisor professionals.
Document Checklist — Investment Advisor
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Frequently Asked Questions
License Reciprocity: Can I Use My Maryland Investment Advisor 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) | Full | AK accepts MD Investment Advisor license via reciprocity agreement. |
| Alabama (AL) | Partial | AL requires additional exam or paperwork for MD license holders. |
| Arizona (AZ) | None | AZ does not recognize MD Investment Advisor license. Full re-application required. |
| Arkansas (AR) | None | AR does not recognize MD Investment Advisor license. Full re-application required. |
| Colorado (CO) | None | CO does not recognize MD Investment Advisor license. Full re-application required. |
| Delaware (DE) | None | DE does not recognize MD Investment Advisor license. Full re-application required. |
| California (CA) | Full | CA accepts MD Investment Advisor license via reciprocity agreement. |
| Florida (FL) | None | FL does not recognize MD Investment Advisor license. Full re-application required. |
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.