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 Pay in Baltimore: What to Expect (2026)

Baltimore offers a median financial advisor salary of $107,791, which is $1,908 below the Maryland state average of $109,699. Compared to the national median of $95,390, Baltimore pays above average for this role.

Baltimore's cost of living is 108% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.

The salary range for financial advisors in Baltimore spans from $50,172 at the 10th percentile to $270,070 at the 90th percentile — a $219,898 spread. Entry-level professionals start around $54,240, while senior financial advisors with 8+ years of experience can earn up to $203,400. As a major metro area with a population of 585,708, Baltimore typically offers more job opportunities and employer competition, which can drive salaries higher.

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

Silver Spring, MD
$121,145
Pop. 81,015
Columbia, MD
$117,330
Pop. 104,681
Germantown, MD
$114,468
Pop. 90,676
Waldorf, MD
$104,929
Pop. 77,000

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.

Find Financial Advisor Jobs in Baltimore

Browse open financial advisor positions in Baltimore, MD:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Financial Advisor Salary in Baltimore

How much does a Financial Advisor make in Baltimore, MD? ▼
The median financial advisor salary in Baltimore, Maryland is $107,791 per year, which is 13.0% above the national median of $95,390. Salaries range from $50,172 (10th percentile) to $270,070 (90th percentile).
How much does a Financial Advisor make per hour in Baltimore? ▼
Based on the median annual salary of $107,791, a financial advisor in Baltimore earns approximately $52 per hour assuming a standard 2,080-hour work year.
How does Baltimore compare to the Maryland state average for financial advisor pay? ▼
Baltimore's median financial advisor salary of $107,791 is 1.7% below the Maryland state average of $109,699. The local cost of living index is 108% of the national average.
What is the cost of living in Baltimore, MD? ▼
Baltimore has a cost of living index of 108% compared to the national average. This means a financial advisor salary of $107,791 in Baltimore has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Baltimore? ▼
Most financial advisor positions in Baltimore 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.