Financial Advisor Hourly Pay in Portland, ME: $48.65 (2026)
Quick Answer:Hourly pay for a financial advisor working in Portland, ME runs $48.65 at the median for 2026 — annualizing to $101,193 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Portland's regional price level (BEA RPP 101.9, 2% above national), each hour of work buys what $47.77 nationally would. A 24-hour part-time schedule grosses $60,721 per year.
Official BLS data · View source
In Portland, Maine, financial advisors earn a median hourly rate of $48.65, slightly below the national average of $52.18. This discrepancy reflects the city’s cost of living, which, while above the national average, has resulted in competitive compensation rates for advisors in various environments, including wirehouse branch offices, Registered Investment Advisor (RIA) conference rooms, and remote meetings. For those working part-time, such as three days a week, this hourly rate translates into a substantial income, while entry-level positions typically start at around $28.31 per hour. Conversely, top earners can command rates upwards of $318.31, highlighting a significant potential for income growth within this profession.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $28.31 | $226.52 |
| Lower Range (P25) | $32.48 | $259.82 |
| Median (P50) | $48.65 | $389.23 |
| Upper Range (P75) | $90.23 | $721.86 |
| Top Earners (P90) | $318.31 | $2546.47 |
Estimated Annual Income by Work Schedule in Portland
Based on $48.65/hr median hourly rate · 2026 est.
At $48.65/hr, a financial advisor working full-time (40 hr/wk) in Portland, ME can expect to earn approximately $101,201 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $58,385. With a cost-of-living index of 101.86 (above the national average), these earnings may be offset by higher expenses in Portland.
Hourly Rate Calculator
Schedule Comparison in Portland
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,946.17 | $8,433 | $101,201 |
| Part-Time (24 hrs) | $1,167.70 | $5,060 | $60,721 |
| Per Diem (16 hrs) | $778.47 | $3,373 | $40,480 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Portland) | $48.65 |
| Financial Analyst (National Avg) | $47.61 |
| Accountant / Auditor (National Avg) | $39.88 |
| Insurance Sales Agent (National Avg) | $29.02 |
| Securities / Commodities Sales Agent (National Avg) | $35.30 |
Financial Advisors in Portland, ME earn a median of $101,193 per year (2026 est.), which is 6.77% lower than the national median of $108,537 and 6.40% below the Maine state average of $108,112.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $48.65/hr = $60,721/year (purchasing power: $59,613).
Working 40h/week (full-time) = $101,201/year (purchasing power: $99,355).
CoL index: 101.858 (100 = national average).
2019 BLS Actual
$55.77/hr
2025 BLS Actual
$47.10/hr
2026 Current Est.
$48.65/hr
2019–2027 Growth
+-9.9%
Hourly Rate Trajectory for Financial Advisors in Portland (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $55.77/hr | Actual |
| 2020 | $64.53/hr | Actual |
| 2021 | $64.80/hr | Actual |
| 2022 | $61.06/hr | Actual |
| 2023 | $51.53/hr | Actual |
| 2024 | $49.73/hr | Actual |
| 2025 | $47.10/hr | Actual |
| 2026(current) | $48.65/hr | Estimated |
| 2027 | $50.26/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Portland grew -15.5% from $55.77/hr (2019) to $47.10/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $50.26/hr by 2027. Part-time and per-diem financial advisors can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Portland 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.
Working as an Hourly Financial Advisor in Portland
When considering the financial advisor hourly pay landscape in Portland, part-time advisors working just 24 hours a week could expect an annual income significantly lower than their full-time counterparts. Frequently, per-diem arrangements for financial advisors are less common among junior professionals; however, seasoned fiduciaries, especially those providing complex financial plans, often charge between $3,000 and $15,000 for a project. Different employer types, from traditional wirehouses like Morgan Stanley and Wells Fargo to independent broker-dealers and RIAs, significantly influence hourly earnings. Advisors at larger institutions may enjoy more benefits, like health insurance, but often at the cost of higher actual hourly pay found in positions at smaller firms. Finally, for those negotiating their compensation, knowing what similar firms offer in Portland can provide leverage, ensuring that financial professionals are paid fairly according to their expertise and the competitive market dynamics.
More salary data for Portland, ME:
Frequently Asked Questions
What is the hourly rate for financial advisors in Portland in 2026?
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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
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 3.30% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for financial advisors in Portland. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Source: BLS, OEWS, 7-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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