Business & Finance Bangor, ME Pop. 32,029

Financial Advisor Salary in Bangor, Maine

The median financial advisor salary in Bangor, ME is $87,759 per year, which is 8% below the national median and 6.1% below the Maine state average.

City Median
$87,759
vs State Avg
$-5,723
vs National
$-7,631
Cost of Living
92%

Financial Advisor Salary in Bangor by Experience

In Bangor, an entry-level financial advisor earns around $44,160, while experienced professionals earn up to $165,600 per year. The local cost of living index is 92% of the national average.

Entry Level (0-2 yrs)
$44,160
$-3,840 vs national
Mid Level (3-7 yrs)
$87,400
$-7,600 vs national
Senior Level (8+ yrs)
$165,600
$-14,400 vs national

Salary Percentiles in Bangor, ME

Percentile Bangor
10th Percentile $40,848
25th Percentile $57,408
Median (50th) $87,759
75th Percentile $137,080
90th Percentile $219,880

Financial Advisor Salary in Other Maine Cities

How to Become a Financial Advisor in Bangor

Education

Most financial advisor positions require a bachelor's degree. Bangor and the surrounding Maine area have institutions offering relevant programs.

Key Skills

Investment PlanningPortfolio ManagementTax PlanningClient RelationsFinancial AnalysisCFA/CFP

Job Outlook

Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Demand in Bangor may vary based on local industry and population growth.

Find Financial Advisor Jobs in Bangor

Browse open financial advisor positions in Bangor, ME:

Frequently Asked Questions: Financial Advisor Salary in Bangor

How much does a Financial Advisor make in Bangor, ME?
The median financial advisor salary in Bangor, Maine is $87,759 per year, which is 8% below the national median of $95,390. Salaries range from $40,848 (10th percentile) to $219,880 (90th percentile).
How much does a Financial Advisor make per hour in Bangor?
Based on the median annual salary of $87,759, a financial advisor in Bangor earns approximately $42 per hour assuming a standard 2,080-hour work year.
How does Bangor compare to the Maine state average for financial advisor pay?
Bangor's median financial advisor salary of $87,759 is 6.1% below the Maine state average of $93,482. The local cost of living index is 92% of the national average.
What is the cost of living in Bangor, ME?
Bangor has a cost of living index of 92% compared to the national average. This means a financial advisor salary of $87,759 in Bangor has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Bangor?
Most financial advisor positions in Bangor require a bachelor's degree. Key skills include Investment Planning, Portfolio Management, Tax Planning, Client Relations. The job market is projected to grow 13% nationally over the next decade.