Business & Finance South Portland, ME Pop. 25,665

Financial Advisor Salary in South Portland, Maine

The median financial advisor salary in South Portland, ME is $100,160 per year, which is 5.0% above the national median and 7.1% above the Maine state average.

City Median
$100,160
vs State Avg
+$6,678
vs National
+$4,770
Cost of Living
105%

Financial Advisor Salary in South Portland by Experience

In South Portland, an entry-level financial advisor earns around $50,400, while experienced professionals earn up to $189,000 per year. The local cost of living index is 105% of the national average.

Entry Level (0-2 yrs)
$50,400
+$2,400 vs national
Mid Level (3-7 yrs)
$99,750
+$4,750 vs national
Senior Level (8+ yrs)
$189,000
+$9,000 vs national

Salary Percentiles in South Portland, ME

Percentile South Portland
10th Percentile $46,620
25th Percentile $65,520
Median (50th) $100,160
75th Percentile $156,450
90th Percentile $250,950

Financial Advisor Salary in Other Maine Cities

Portland, ME
$103,021
Pop. 68,408
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 South Portland

Education

Most financial advisor positions require a bachelor's degree. South 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 South Portland may vary based on local industry and population growth.

Find Financial Advisor Jobs in South Portland

Browse open financial advisor positions in South Portland, ME:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Financial Advisor Salary in South Portland

How much does a Financial Advisor make in South Portland, ME? ▼
The median financial advisor salary in South Portland, Maine is $100,160 per year, which is 5.0% above the national median of $95,390. Salaries range from $46,620 (10th percentile) to $250,950 (90th percentile).
How much does a Financial Advisor make per hour in South Portland? ▼
Based on the median annual salary of $100,160, a financial advisor in South Portland earns approximately $48 per hour assuming a standard 2,080-hour work year.
How does South Portland compare to the Maine state average for financial advisor pay? ▼
South Portland's median financial advisor salary of $100,160 is 7.1% above the Maine state average of $93,482. The local cost of living index is 105% of the national average.
What is the cost of living in South Portland, ME? ▼
South Portland has a cost of living index of 105% compared to the national average. This means a financial advisor salary of $100,160 in South 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 South Portland? ▼
Most financial advisor positions in South 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.