Financial Advisor Salary in Portland, ME: $101,193 (2026)
Quick Answer:A full-time financial advisor in Portland, ME earns a median $101,193/year (≈ $48.65/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Portland's price level (2% above national, BEA RPP 101.9), that paycheck buys what $99,347 would nationally. Nominal pay sits 6.4% below the Maine state average.
Official BLS data · View source
For financial advisors in Portland, Maine, the projected median annual salary for 2026 is $101,193, which positions local compensation slightly below the national median of $108,537. The salary range in the area reflects considerable variability, with entry-level positions starting at approximately $58,891 and top earners making as much as $662,091. These figures, derived from 2025 BLS OEWS data, projected to 2026, highlight the strong demand for skilled financial professionals as the fiduciary fee-only advisory model continues to gain traction. In Portland, the prevalence of independent Registered Investment Advisors (RIAs) and the growing emphasis on Certified Financial Planner (CFP) credentials are setting the stage for competitive salaries and increased opportunities in the field.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $58,891 | $28.31 |
| Lower Range (P25) | $67,548 | $32.48 |
| Median (P50)(typical) | $101,193 | $48.65 |
| Upper Range (P75) | $187,675 | $90.23 |
| Top Earners (P90) | $662,091 | $318.31 |
Median Salary Position
6.77% below the national average
2026 Salary Percentile Distribution in Portland
In Portland, ME, the financial advisor salary spread from the 10th to 90th percentile is $603,200 (2026 est.). At $101,193, the local median is 6.77% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Portland: You'd be in the entry-level range
How Portland Financial Advisor Pay Compares
Portland median: $101,193/year (2026)
| Compared To | Median Salary | Portland Pays |
|---|---|---|
| Maine Average | $108,112 | -6.40% less |
| National Average | $108,537 | -6.77% less |
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.
Cost-of-Living Adjusted Salary
Portland has a cost of living 1.86% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Portland, ME has a cost-of-living index of 101.858 (above the national average of 100). While the nominal salary of $101,193 is competitive, the higher cost of living reduces purchasing power to an effective $99,347 — a 1.82% reduction.
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2019 BLS Actual
$115,990
2025 BLS Actual
$97,960
2026 Current Est.
$101,193
2019–2027 Growth
+-9.9%
Salary Trajectory for Financial Advisors in Portland (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $115,990 | Actual |
| 2020 | $134,220 | Actual |
| 2021 | $134,780 | Actual |
| 2022 | $127,000 | Actual |
| 2023 | $107,180 | Actual |
| 2024 | $103,450 | Actual |
| 2025 | $97,960 | Actual |
| 2026(current) | $101,193 | Estimated |
| 2027 | $104,532 | Projected |
Based on 7 years of BLS OEWS data for the Portland metropolitan area, the median financial advisor salary grew -15.5% from $115,990 (2019) to $97,960 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $104,532 by 2027 — a total increase of $-11,458 (-9.88%) from 2019.
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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $58,891 – $67,548 |
| 3-5 years (Mid Career) | $67,548 – $101,193 |
| 5+ years (Experienced) | $101,193 – $187,675 |
| 10+ years (Top Earner) | $187,675 – $662,091 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Portland
The job market for financial advisors in Portland is robust, with around 590 professionals currently employed, which creates a strong community of practitioners and potential networking opportunities. With a cost-of-living index of 101.858, salaries must be strategically considered against local expenses to assess take-home purchasing power. Among the employers, wirehouses like Morgan Stanley and UBS often pay the highest salaries, but independent RIAs are also competitive, particularly for those with high-net-worth clients. Factors such as assets under management (AUM) and the fee model adopted can significantly influence earnings. Advisors focusing on a fee-only approach typically earn based on a percentage of AUM, while commission-based models dominate at wirehouses. To maximize pay in this market, advisors should consider obtaining the CFP credential, nurturing high-net-worth client relationships, and strategically transitioning from commission models to fee-based structures, ensuring they remain adaptable amidst the evolving financial landscape in Portland, ME.
More salary data for Portland, ME:
Frequently Asked Questions
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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
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 BLS reported a median annual salary of $97,960 for financial advisorsin the Portland metropolitan area. A 3.30% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
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