Martin A. Smith

Personal Finance, Retirement, Investing
“With over 20 years of experience in the financial industry, Martin A. Smith is committed to providing retirement planning and portfolio management solutions to business owners and individuals.”

Wealthcare Financial Group, Inc.

Job Title:

President, Retirement Planning Financial Advisor


 Martin A. Smith founded Wealthcare Financial Group, Inc.™ as a retirement planning and investment management firm. He is committed to providing each client with values-based advice and custom-tailored service. Thus, the need for prudent advice and high quality service is also the basis for his business philosophy; “How much better it is to get wisdom than gold! And to get understanding is to be chosen rather than silver!” Proverbs 16:16

 As a MD Fee-Only Financial Advisor, Martin is able to serve the unique needs of high net worth individuals and family offices with more breadth and depth than what is traditionally offered by wealth managers through his firms proprietary Wealthcare Financial Plan. Martin has completed a M.A. in Commercial Real Estate Finance at Georgetown University. In addition, he has completed several financial planning designations: the Accredited Investment Fiduciary (AIF®) and Accredited Fiduciary Analyst (AIFA®) designations, as administered by Fiduciary360 and awarded by the Centre for Fiduciary Studies (CEFEX).

 In addition, Martin has earned the Retirement Planning Specialist (RPS®) certification, upon completion of the “AT RETIREMENT®” coursework; an educational program that was jointly sponsored by The Executive Education Department of The Wharton School of the University of Pennsylvania, and AXA Equitable, Inc. He has also earned the Chartered Retirement Planning Counselor (CRPC®) designation from the College for Financial Planning in Denver, CO.

 Martin makes regular media appearances, having been a guest on News Channel 8, NBC Universal Channel 4, WTOP Radio News & Business and CBS Radio. In addition, he has been invited to teach a series of financial management educational seminars for the NBA Development League. In an effort to bridge the financial literacy gap, as well as provide ongoing personal finance education, Martin writes for Answers About Wealth™, which serves as the blog for Wealthcare Financial Group, Inc.™

 Martin earned his Bachelor of Arts Degree in Legal Communications, from Howard University in 1992. He later joined A.G. Edwards & Sons as a Financial Advisor and was later promoted to the position of Assistant Branch Manager. Martin resides in Bowie, Maryland with his wife, Walida. Together, they have seven children.


BA, Legal Communications, Howard University
MPS, Commercial Real Estate Finance, Georgetown University

Assets Under Management:

$13 million

Fee Structure:

Annual percentage based on assets under management.

CRD Number:


Insurance License:

#Life and Health


Wealthcare Financial Group, Inc. is a Registered Investment Advisor. Answers about Wealth is a personal finance blog, written by Martin A. Smith. Wealthcare Financial Plans is a Trademark of Wealthcare Financial Group, Inc.

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May 2017
    Retirement, Retirement Living
February 2017
    Long-Term Care Insurance, Retirement Living, Retirement Plans, Retirement Savings
April 2017
    Debt, Personal Finance
February 2017
    Income Tax, IRAs, Retirement Living, 401(k)

All Answers
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    Career / Compensation, Insurance
What is the difference between the death benefit and cash value of an insurance policy?
100% of people found this answer helpful

Thank you for submitting your question about life insurance. The death benefit of a life insurance policy represents the "face amount" of the policy that will be paid out on a tax-free basis to whoever the owner or beneficiary of the policy is. Therefore, if you were to purchase a policy with a $1 million dollar face amount (i.e. "death benefit), your beneficiary will receive $1 million upon your death. However, the case value of the policy represents the portion of savings (or investments depending on the type of policy that you own) that is funded by a portion of your insurance premiums.

The cash value could compound based on an underlying index rate, or sub-account that is invested in mutual funds. Again, this would depend on the type of policy. The cash value grows on a tax deferred basis and can be withdrawn in the form of a "policy loan" on a tax free basis. You would have to discuss the actual particulars of taking a policy loan from your insurance carrier because if you withdraw too much, then you might inadvertently cause the policy to lapse. Therefore, be careful with taking policy loans and ALWAYS request a quarterly or annual summary statement so that you can review how well (or not) the policy is performing, etc.

It would be helpful if you spent some time speaking with an insurance professional about your life insurance needs. Be careful that by contacting an insurance agent, depending on the company/agent that you contact, he/she might try to convince you to purchase additional insurance, or some other type of financial product. Otherwise, I hope I have provided a suitable answer to your question.

Take care,


April 2017
    Financial Planning, Retirement, Asset Allocation, Bonds / Fixed Income, Mutual Funds
What kind of bond fund do you recommend: a series I bond, zero coupon bond, or intermediate term municipal bond fund?
100% of people found this answer helpful
April 2018
    Debt, Estate Planning, Investing, Taxes, Women & Money
What should I do with a four million dollar inheritance?
86% of people found this answer helpful
March 2018
Do lower interest rates increase investment spending?
60% of people found this answer helpful
February 2017
    Asset Allocation
Should I be comfortable with Edward Jones's new Guided Solution program?
53% of people found this answer helpful
January 2017