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

South Portland, ME
$100,160
Pop. 25,665
Bangor, ME
$87,759
Pop. 32,029
Lewiston, ME
$85,851
Pop. 37,121
Auburn, ME
$84,897
Pop. 23,926

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.

Find Financial Advisor Jobs in Portland

Browse open financial advisor positions in Portland, ME:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Financial Advisor Salary in Portland

How much does a Financial Advisor make in Portland, ME? ▼
The median financial advisor salary in Portland, Maine is $103,021 per year, which is 8.0% above the national median of $95,390. Salaries range from $47,952 (10th percentile) to $258,120 (90th percentile).
How much does a Financial Advisor make per hour in Portland? ▼
Based on the median annual salary of $103,021, a financial advisor in Portland earns approximately $50 per hour assuming a standard 2,080-hour work year.
How does Portland compare to the Maine state average for financial advisor pay? ▼
Portland's median financial advisor salary of $103,021 is 10.2% above the Maine state average of $93,482. The local cost of living index is 108% of the national average.
What is the cost of living in Portland, ME? ▼
Portland has a cost of living index of 108% compared to the national average. This means a financial advisor salary of $103,021 in Portland has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Portland? ▼
Most financial advisor positions in Portland 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.