Personal Financial Advisor Salary in Maryland
Based on 5K+ workers in Maryland
Median Annual Salary (MD)
$99,880
$48.02/hr
vs National Average
$99,081
+0.8% vs national median
Salary Range (10th–90th)
$48K – $378K
5K employed in Maryland
Personal Financial Advisors in Maryland earn a median salary of $99,880 per year, which is 1% above the national average. With approximately 5,260 professionals working in this field across the state, Maryland offers competitive compensation for those in financial advisory roles. This median figure reflects the earning potential for advisors at the midpoint of the career spectrum.
Several factors influence Personal Financial Advisor salary in Maryland, including years of experience, professional certifications, and client base size. Advisors specializing in wealth management or serving high-net-worth individuals typically earn toward the higher end of the range, which extends from $47,810 to $378,060 annually. Geographic location within Maryland, employer type, and performance metrics also significantly impact individual compensation levels.
Salary Distribution — Personal Financial Advisor in Maryland
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $47,810 |
| 25th percentile | $63,090 |
| Median (50th percentile) | $99,880 |
| 75th percentile | $174,930 |
| 90th percentile | $378,060 |
Top-Paying Industries for Personal Financial Advisor (U.S.)
Which industries pay Personal Financial Advisors the most — nationwide figures (industry-level data is not available by state). Personal Financial Advisors in Maryland tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Administrative and Support Services | $137,810 | — |
| Finance and Insurance | $106,810 | 248K |
| Professional, Scientific, and Technical Services | $99,320 | 9K |
| Management of Companies and Enterprises | $95,570 | 5K |
| Government (excl. schools, hospitals & USPS) | $76,940 | 310 |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Personal Financial Advisor in Maryland vs National
| Year | Median Salary (Maryland) |
|---|---|
| 2022 | $95,040 |
| 2023 | $98,480 |
| 2024 | $122,510 |
| 2025 | $99,880 |
| 2026 (projected) | $99,880 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Maryland Median | National Median |
|---|---|---|
| 2022 | $95,040 | $87,555 |
| 2023 | $98,480 | $92,738 |
| 2024 | $122,510 | $95,571 |
| 2025 | $99,880 | $99,081 |
| 2026 (projected) | $99,880 | $99,081 |
Personal Financial Advisor Salary by Experience Level in Maryland
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $63,090 |
| Mid-level | 3-5 yrs | $99,880 |
| Senior | 6-9 yrs | $174,930 |
| Staff / Lead | 10+ yrs | $378,060 |
Personal Financial Advisor Salary in Other States
Related Personal Financial Advisor Salaries in Maryland
How other high-demand occupations in Maryland compare to Personal Financial Advisor ($99,880 median).
| Occupation | Median Salary | vs Personal Financial Advisor | Hourly |
|---|---|---|---|
| Financial Manager in MD | $158,750 | +58.9% | $76.32/hr |
| Economist in MD | $144,680 | +44.9% | $69.56/hr |
| Actuary in MD | $126,950 | +27.1% | $61.03/hr |
| Budget Analyst in MD | $106,020 | +6.1% | $50.97/hr |
| Financial Examiner in MD | $102,980 | +3.1% | $49.51/hr |
| Tax Examiner in MD | $101,400 | +1.5% | $48.75/hr |
| Financial Analyst in MD | $100,370 | +0.5% | $48.25/hr |
| Accountant in MD | $89,370 | -10.5% | $42.97/hr |
| Compliance Officer in MD | $84,720 | -15.2% | $40.73/hr |
| Credit Analyst in MD | $75,390 | -24.5% | $36.25/hr |
| Loan Officer in MD | $73,580 | -26.3% | $35.38/hr |
| Securities Sales Agent in MD | $61,660 | -38.3% | $29.64/hr |
Frequently Asked Questions
How much do personal financial advisors make in Maryland?
- Personal financial advisors in Maryland earn a median salary of $99,880 per year, or $48 per hour. This is slightly above the national average, representing a +0.8% difference compared to advisors across the United States.
What is the salary range for financial advisors in Maryland?
- The salary range for personal financial advisors in Maryland spans from $47,810 at the lower end to $378,060 at the upper end. This wide range reflects differences in experience, specialization, and client base among professionals in the field.
How many personal financial advisors work in Maryland?
- There are approximately 5,260 personal financial advisors currently employed in Maryland. This represents a substantial workforce in the state's financial services sector.
Is Maryland's financial advisor salary higher than the national average?
- Yes, Maryland's median salary for personal financial advisors at $99,880 per year is slightly higher than the national average, exceeding it by 0.8%. This makes Maryland a competitive market for financial advisory professionals.