Business & Finance Maine (ME) Rank #21 of 50

Financial Advisor Salary in Maine

The median financial advisor salary in Maine is $93,482 per year, which is 2% below the national median of $95,390.

Median Salary
$93,482
vs National
$-1,908
State Rank
#21 of 50
Cost of Living
98%

Financial Advisor Salary Overview in Maine (2026)

Maine ranks #21 out of 50 states for financial advisor compensation. Maine falls in the middle of the pack for financial advisor pay, offering salaries near the national average. At $93,482 per year, financial advisors in Maine earn $1,908 less than the national median of $95,390.

Maine's cost of living is near the national average at 98%, meaning financial advisor salaries here translate closely to their face value in purchasing power.

The salary spread in Maine is significant: financial advisors at the 10th percentile earn $43,512, while those at the 90th percentile bring home $234,220 — a $190,708 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Maine for this role is Portland, where the median reaches $103,021.

Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). This strong growth suggests increasing demand and competitive salaries in Maine and beyond.

Financial Advisor Salary in Maine by Experience

In Maine, an entry-level financial advisor earns around $47,040, while experienced professionals earn up to $176,400 per year. The cost of living index in Maine is 98% of the national average.

Entry Level (0-2 yrs)
$47,040
$-960 vs national
Mid Level (3-7 yrs)
$93,100
$-1,900 vs national
Senior Level (8+ yrs)
$176,400
$-3,600 vs national

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Salary Percentiles in Maine

Percentile ME Salary
10th Percentile $43,512
25th Percentile $61,152
Median (50th) $93,482
75th Percentile $146,020
90th Percentile $234,220

Financial Advisor Salary by City in Maine

The largest employment areas for financial advisors in Maine include Portland, Lewiston, Bangor, and South Portland. Salaries vary by city based on local cost of living and demand.

How to Become a Financial Advisor in Maine

Education

Most financial advisor positions require a bachelor's degree. Maine has several accredited institutions offering relevant programs.

Key Skills

Investment PlanningPortfolio ManagementTax PlanningClient RelationsFinancial AnalysisCFA/CFP

Job Outlook in Maine

Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Maine's demand may vary based on local industry trends.

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Frequently Asked Questions: Financial Advisor Salary in Maine

How much does a Financial Advisor make in Maine? ▼
The median financial advisor salary in Maine is $93,482 per year, which is 2% below the national median of $95,390. Salaries range from $43,512 (10th percentile) to $234,220 (90th percentile).
How much does a Financial Advisor make per hour in Maine? ▼
Based on the median annual salary of $93,482, a financial advisor in Maine earns approximately $45 per hour assuming a standard 2,080-hour work year.
Is Maine a good state for financial advisors? ▼
Maine ranks #21 out of 50 states for financial advisor pay. The cost of living index is 98% of the national average. Entry-level financial advisors earn $47,040, while senior professionals earn $176,400.
How does Maine compare to other states for financial advisor salary? ▼
The highest paying state for financial advisors is Hawaii at $162,163. Maine's median of $93,482 ranks #21 nationally. Nearby-ranked states include Minnesota ($94,436) and Florida ($93,482).
What is the entry-level financial advisor salary in Maine? ▼
An entry-level financial advisor in Maine earns approximately $47,040 per year. With 3-7 years of experience, pay increases to around $93,100. Senior-level professionals with 8+ years earn up to $176,400.
What city in Maine pays financial advisors the most? ▼
Portland is the highest paying city in Maine for financial advisors, with a median salary of $103,021. Other cities include Lewiston and Bangor.