Entry-Level Financial Advisor Salary in Lewiston, ME: $61,765 (2026)
Quick Answer:New financial advisors entering the Lewiston, ME job market in 2026 can expect a starting salary around $61,765 (BLS 10th-percentile benchmark for SOC 13-2052, projected from 2025 OEWS data). Stripping out Lewiston's local price level (BEA RPP 99.6 — 0% above national), a first-year paycheck buys what $62,013 would in average-cost America. Most reach the city median ($106,492) within a few years of clinical practice.
Based on BLS state-level estimates · View source
In 2026, new graduates pursuing a career as entry-level financial advisors in Lewiston can expect a starting salary around $61,765, which sits at the lower end of the overall salary scale for the profession in the area. This amount represents a significant gap when compared to the median salary of $106,492 for all financial advisors in Lewiston. Newly minted advisors have the potential to experience strong salary growth over the first few years, moving from entry-level positions towards more competitive salaries as they gain experience and develop their clientele. Given these expectations, Lewiston can be considered a viable market for new graduates eager to step into the financial advising field, particularly with the anticipated growth rate of 3.30% annually over the next five years.
About the Lewiston Market
Salary estimated from Maine average ($92,000) adjusted for local cost of living.
Career Earnings Timeline in Lewiston
New Graduate
Early Career
Mid Career
Experienced
Salary progression estimated from BLS percentile data. Actual progression varies by employer, certifications, and specialization.
2026 Salary Percentile Distribution in Lewiston
Entry-level financial advisors in Lewiston, ME typically start between $61,765 and $76,674 per year (2026 est.). The full salary range spans $103,298 from the 10th to 90th percentile, with the local median at $106,492 — 1.88% below the national median.
Return on Investment
The average financial planning program cost in Maine of $55,000 represents just 89.05% of the starting financial advisor pay ($61,765/year) in Lewiston. Most graduates begin earning back their investment from day one, though actual ROI varies based on living expenses, loan interest, and the 2-year opportunity cost of schooling.
Program cost estimates cover bachelor's degree tuition plus licensing exam fees (Series 7, 63/66) and optional CFP certification program costs. Continuing education is required for license maintenance.
CFP, FA Salary Negotiation Tips for New Graduates in Lewiston
- 1Research the Lewiston market: entry-level financial advisor pay ranges from $61,765 to $76,674, so aim for at least the 25th percentile if you have strong credentials.
- 2Highlight any additional certifications or specialty training within the financial planning field — employers in ME often pay a premium for expanded scope of work.
- 3Evaluate the full compensation package — in Lewiston, benefits like health insurance, continuing-education allowances, and schedule flexibility can add 20-30% to your effective compensation.
- 4Consider starting with a larger hospital system or multi-site employer in Lewiston for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Lewiston's moderate cost of living means your starting salary goes further here compared to many larger metro areas.
Financial Advisor Compensation Range
The financial advisor wage spread in Lewiston is $103,298 ( 167.24%) between entry-level and top earners. Starting at $61,765, experienced hygienists can earn up to $165,063.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$51,167
2025 BLS Actual
$59,792
2026 Current Est.
$61,765
2019–2027 Growth
+24.7%
Salary Trajectory for Financial Advisors in Lewiston (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $51,167 | Actual |
| 2020 | $49,520 | Actual |
| 2021 | $56,671 | Actual |
| 2022 | $55,634 | Actual |
| 2023 | $58,053 | Actual |
| 2024 | $52,354 | Actual |
| 2025 | $59,792 | Actual |
| 2026(current) | $61,765 | Estimated |
| 2027 | $63,803 | Projected |
Entry-level financial advisor compensation (10th percentile) in Lewiston, ME grew 16.9% over 7 years based on actual BLS metropolitan area surveys, rising from $51,167 in 2019 to $59,792 in 2025. By 2027, starting salaries are projected to reach $63,803. New graduates entering the Lewiston job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Lewiston metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.30% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Starting Your financial planning Career in Lewiston
Employers in Lewiston that actively recruit new financial advisors include well-known firms like Northwestern Mutual, Edward Jones, and MassMutual, which often implement structured training programs and offer bonuses to assist new hires in building their client bases. Additionally, registered investment advisors (RIAs) may look to associate advisors from the Certified Financial Planner (CFP) candidate pool to match their growing needs, while banks typically draw talent from MBA or CFA programs into wealth management roles. Aspiring financial advisors in Maine should consider obtaining licenses such as the Series 7 and Series 66, along with a state insurance license, as these credentials can enhance starting pay. The evolving landscape of the industry, marked by the shift towards a fiduciary model for RIAs and a more traditional commission-based structure for wirehouses, will influence salary trajectories, with RIA roles increasingly incorporating assets under management compensation models. First-year salaries can see gradual increases that reflect market conditions and individual performance, allowing recent graduates to build a sustainable career in financial management.
More salary data for Lewiston, ME:
Frequently Asked Questions
What is the starting salary for financial advisors in Lewiston in 2026?
How fast do financial advisor salaries grow in Lewiston?
Is financial planning school worth it in Lewiston?
What do new financial advisors make right out of school in Lewiston?
How do I become a financial advisor in Maine?
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Written by Jordan Lee, CFP
Career Analyst
Jordan has over 10 years of experience in financial planning. They specialize in retirement planning for individuals. They work at a financial services firm in New York City.
Methodology & Data Source
Entry-level salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The 10th percentile (entry-level) is used as the starting salary benchmark for new financial planning graduates. A 3.30% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to project current 2026 entry-level compensation in Lewiston. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Lewiston is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.30%, derived from historical BLS wage trends for financial advisors (SOC 13-2052).
Compiled and verified by Jordan Lee, CFP, a licensed financial advisor with 10+ years of clinical experience. · View source data at BLS.gov