Business & Finance Waldorf, MD Pop. 77,000

Financial Advisor Salary in Waldorf, Maryland

The median financial advisor salary in Waldorf, MD is $104,929 per year, which is 10.0% above the national median and 4.3% below the Maryland state average.

City Median
$104,929
vs State Avg
$-4,770
vs National
+$9,539
Cost of Living
105%

Financial Advisor Salary in Waldorf by Experience

In Waldorf, an entry-level financial advisor earns around $52,800, while experienced professionals earn up to $198,000 per year. The local cost of living index is 105% of the national average.

Entry Level (0-2 yrs)
$52,800
+$4,800 vs national
Mid Level (3-7 yrs)
$104,500
+$9,500 vs national
Senior Level (8+ yrs)
$198,000
+$18,000 vs national

Salary Percentiles in Waldorf, MD

Percentile Waldorf
10th Percentile $48,840
25th Percentile $68,640
Median (50th) $104,929
75th Percentile $163,900
90th Percentile $262,900

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
Baltimore, MD
$107,791
Pop. 585,708

How to Become a Financial Advisor in Waldorf

Education

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

Find Financial Advisor Jobs in Waldorf

Browse open financial advisor positions in Waldorf, MD:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Financial Advisor Salary in Waldorf

How much does a Financial Advisor make in Waldorf, MD? ▼
The median financial advisor salary in Waldorf, Maryland is $104,929 per year, which is 10.0% above the national median of $95,390. Salaries range from $48,840 (10th percentile) to $262,900 (90th percentile).
How much does a Financial Advisor make per hour in Waldorf? ▼
Based on the median annual salary of $104,929, a financial advisor in Waldorf earns approximately $50 per hour assuming a standard 2,080-hour work year.
How does Waldorf compare to the Maryland state average for financial advisor pay? ▼
Waldorf's median financial advisor salary of $104,929 is 4.3% below the Maryland state average of $109,699. The local cost of living index is 105% of the national average.
What is the cost of living in Waldorf, MD? ▼
Waldorf has a cost of living index of 105% compared to the national average. This means a financial advisor salary of $104,929 in Waldorf has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Waldorf? ▼
Most financial advisor positions in Waldorf 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.