Business & Finance Columbia, MD Pop. 104,681

Financial Advisor Salary in Columbia, Maryland

The median financial advisor salary in Columbia, MD is $117,330 per year, which is 23.0% above the national median and 7.0% above the Maryland state average.

City Median
$117,330
vs State Avg
+$7,631
vs National
+$21,940
Cost of Living
118%

Financial Advisor Salary in Columbia by Experience

In Columbia, an entry-level financial advisor earns around $59,040, while experienced professionals earn up to $221,400 per year. The local cost of living index is 118% of the national average.

Entry Level (0-2 yrs)
$59,040
+$11,040 vs national
Mid Level (3-7 yrs)
$116,850
+$21,850 vs national
Senior Level (8+ yrs)
$221,400
+$41,400 vs national

Salary Percentiles in Columbia, MD

Percentile Columbia
10th Percentile $54,612
25th Percentile $76,752
Median (50th) $117,330
75th Percentile $183,270
90th Percentile $293,970

Financial Advisor Salary in Other Maryland Cities

How to Become a Financial Advisor in Columbia

Education

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