Financial Planning & Wealth Management in Howard County, Maryland

Sophos Financial is a financial planning and wealth management practice based in Clarksville, Maryland, serving clients throughout Columbia, Howard County, the Baltimore-Washington region and beyond.

Led by Michael Balakirsky, MBA, Financial Advisor with LPL Financial, we provide personalized financial advice to individuals, families, retirees, business owners, physicians, dentists and other professionals.

Retirement Planning & Wealth Management

A significant part of our practice is helping clients prepare for and navigate retirement. We help coordinate investment portfolios, retirement income, Social Security, tax-aware investment strategies, IRA and 401(k) rollovers, Roth IRA conversions, estate planning strategies and wealth preservation.

Our services include:

• Comprehensive Financial Planning
• Retirement & Retirement Income Planning
• Investment & Portfolio Management
• Wealth Management
• Tax-Aware Investment Strategies
• Social Security Planning
• IRA & 401(k) Rollovers
• Roth IRA Conversion Planning
• Estate Planning Strategies
• Risk Management & Insurance Planning

Financial Planning for Federal Employees

Sophos Financial also works with current and retiring federal employees who face a unique set of retirement decisions.

We help clients understand how FERS, CSRS, the Thrift Savings Plan (TSP), Social Security and their personal investments can work together as part of a comprehensive retirement strategy.

For federal employees approaching retirement, important decisions may include when to retire, how to generate retirement income, what to do with TSP assets, when to claim Social Security, and how investment and tax decisions may affect their long-term financial plan.

Financial Advice Focused on Your Complete Financial Picture

Good financial planning is about more than choosing investments. Investments, retirement income, taxes, Social Security, estate planning, risk management and personal circumstances are interconnected.

Our goal is to help clients understand their choices, make informed financial decisions and develop a coordinated strategy designed around their long-term objectives.

Whether you are preparing for retirement, already retired, managing significant assets, building a business or facing an important financial decision, Sophos Financial can help you evaluate your options and develop a clear path forward.

Serving Columbia, Clarksville & Howard County

Sophos Financial is based in Clarksville, Maryland, and serves clients throughout Columbia, Ellicott City, Fulton, Highland and Howard County, as well as clients throughout Maryland, Virginia, Washington, D.C., and beyond.

Meetings are available by appointment in the Columbia area.

Learn More About Our Services | Meet Michael Balakirsky | Schedule a Consultation