Financial Advisor Salary in Silver Spring, Maryland
The median financial advisor salary in Silver Spring, MD is $121,145 per year, which is 27.0% above the national median and 10.4% above the Maryland state average.
Financial Advisor Salary in Silver Spring by Experience
In Silver Spring, an entry-level financial advisor earns around $60,960, while experienced professionals earn up to $228,600 per year. The local cost of living index is 122% of the national average.
Salary Percentiles in Silver Spring, MD
| Percentile | Silver Spring |
|---|---|
| 10th Percentile | $56,388 |
| 25th Percentile | $79,248 |
| Median (50th) | $121,145 |
| 75th Percentile | $189,230 |
| 90th Percentile | $303,530 |
Financial Advisor Salary in Other Maryland Cities
How to Become a Financial Advisor in Silver Spring
Education
Most financial advisor positions require a bachelor's degree. Silver Spring and the surrounding Maryland area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Demand in Silver Spring may vary based on local industry and population growth.