Business & Finance Baltimore, MD Pop. 585,708

Financial Advisor Salary in Baltimore, Maryland

The median financial advisor salary in Baltimore, MD is $107,791 per year, which is 13.0% above the national median and 1.7% below the Maryland state average.

City Median
$107,791
vs State Avg
$-1,908
vs National
+$12,401
Cost of Living
108%

Financial Advisor Salary in Baltimore by Experience

In Baltimore, an entry-level financial advisor earns around $54,240, while experienced professionals earn up to $203,400 per year. The local cost of living index is 108% of the national average.

Entry Level (0-2 yrs)
$54,240
+$6,240 vs national
Mid Level (3-7 yrs)
$107,350
+$12,350 vs national
Senior Level (8+ yrs)
$203,400
+$23,400 vs national

Salary Percentiles in Baltimore, MD

Percentile Baltimore
10th Percentile $50,172
25th Percentile $70,512
Median (50th) $107,791
75th Percentile $168,370
90th Percentile $270,070

Financial Advisor Salary in Other Maryland Cities

How to Become a Financial Advisor in Baltimore

Education

Most financial advisor positions require a bachelor's degree. Baltimore and the surrounding Maryland 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 Baltimore may vary based on local industry and population growth.