Financial Advisor Salary in Maryland

The average financial advisor salary in Maryland is $108,320 per year as of BLS OES 2024-2025. This works out to approximately $52.08 per hour based on a standard 2,080-hour work year.

Maryland's average financial advisor salary of $108,320 is above the national average of $99,580 by 8,740 (8.8%). Maryland is one of the higher-paying states for this occupation.

Financial Advisor salaries in Maryland are influenced by cost of living, local demand for workers, industry concentration, years of experience, education level, employer size, and unionization rates. Metro areas within Maryland may pay significantly more than rural areas.

Based on the annual salary of $108,320, the approximate hourly rate for a financial advisor in Maryland is $52.08 per hour (assuming 2,080 hours per year). The national average hourly rate is $47.88.

According to BLS OES 2024-2025, the top paying states for Personal Financial Advisors are: New York ($148,320), California ($128,320), Massachusetts ($128,320), New Jersey ($128,320), Connecticut ($118,320).

Yes. This data comes from the Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OES) survey, 2024-2025. The BLS OES program surveys over 1.1 million business establishments semi-annually and is the most comprehensive source of occupational wage data in the United States.