Business & Finance Germantown, MD Pop. 90,676

Financial Advisor Salary in Germantown, Maryland

The median financial advisor salary in Germantown, MD is $114,468 per year, which is 20.0% above the national median and 4.3% above the Maryland state average.

City Median
$114,468
vs State Avg
+$4,769
vs National
+$19,078
Cost of Living
115%

Financial Advisor Salary in Germantown by Experience

In Germantown, an entry-level financial advisor earns around $57,600, while experienced professionals earn up to $216,000 per year. The local cost of living index is 115% of the national average.

Entry Level (0-2 yrs)
$57,600
+$9,600 vs national
Mid Level (3-7 yrs)
$114,000
+$19,000 vs national
Senior Level (8+ yrs)
$216,000
+$36,000 vs national

Salary Percentiles in Germantown, MD

Percentile Germantown
10th Percentile $53,280
25th Percentile $74,880
Median (50th) $114,468
75th Percentile $178,800
90th Percentile $286,800

Financial Advisor Salary in Other Maryland Cities

How to Become a Financial Advisor in Germantown

Education

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