Key benefit of using our services.
Another benefit of using our services.
Best benefit of using our services.

Who We Are.

Everyone deserves to live a great life. Our goal is to help you achieve it.

Carmichael Hill is a fee-only registered investment advisor with a 30-year history helping clients take the guesswork of their finances. We’re locally owned and boast an advisory team comprised exclusively of CERTIFIED FINANCIAL PLANNER™ Practitioners. We have a long-term view and begin every engagement with the expectation that our relationship will endure for decades, sometime generations.

What We Do


  • Ensure you have enough
  • Plan for a market crash
  • Get there early
  • Retire by design, not default


  • Create an asset allocation
  • Manage internal expenses
  • Correct for style drift
  • Adapt for changing risks


  • Ensure you save appropriately
  • Check aid packages
  • Apply to the right schools
  • Manage debt


  • Manage your capital gains
  • Strategic tax-loss selling
  • Coordination with your CPA
  • Asset location and tax-efficient withdrawals

Workplace Benefits

  • Learn what’s offered
  • Select the best options
  • Let the experts read the small print

Bad Stuff

  • Plan for death and disability
  • Manage a long-term care event
  • Review Medicare options
  • Plan to provide for others

Why We Do It.

We were founded more than three decades ago with the idea that wealth management should be different. David Carmichael, an art history major, set out to build a firm distinct from the Wall Street banks and wirehouses. He created a firm that doesn’t accept commissions and only receives money directly from clients. When our clients are the only ones who pay us, our clients are the only ones we serve. They’re our exclusive focus and we move mountains to do what we believe is best for them. It’s called a fiduciary standard, and it means we treat our client’s money as if it were our own.

Thirty years on and things have evolved. David is retired. Our technology is light years ahead, our office has moved to a historic building in Old Town Gaithersburg, and there are a few more faces here than there were at the beginning. Our mission, however, remains the same: to develop enduring and authentic relationships by taking the guesswork out of retirement planning and investment management.

Retirement Readiness Checklist

Are you ready for retirement? How will you know? We offer this valuable tool to help you organize and plan for your retirement, and to know where you stand right now in the process. It’s our way of thanking you for joining our mailing list, and for helping you keep on top of your finances.
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Where shall we send your Retirement Readiness Checklist?

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