Business & Finance Portland, ME
Pop. 68,408
Financial Advisor Salary in Portland, Maine
The median financial advisor salary in Portland, ME is $103,021 per year, which is 8.0% above the national median and 10.2% above the Maine state average.
City Median
$103,021
vs State Avg
+$9,539
vs National
+$7,631
Cost of Living
108%
Financial Advisor Salary in Portland by Experience
In Portland, an entry-level financial advisor earns around $51,840, while experienced professionals earn up to $194,400 per year. The local cost of living index is 108% of the national average.
Entry Level (0-2 yrs)
$51,840
+$3,840 vs national
Mid Level (3-7 yrs)
$102,600
+$7,600 vs national
Senior Level (8+ yrs)
$194,400
+$14,400 vs national
Salary Percentiles in Portland, ME
| Percentile | Portland |
|---|---|
| 10th Percentile | $47,952 |
| 25th Percentile | $67,392 |
| Median (50th) | $103,021 |
| 75th Percentile | $160,920 |
| 90th Percentile | $258,120 |
Financial Advisor Salary in Other Maine Cities
How to Become a Financial Advisor in Portland
Education
Most financial advisor positions require a bachelor's degree. Portland 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 Portland may vary based on local industry and population growth.