Entry-Level Financial Advisor Salary in Annapolis, MD: $67,300 (2026)
Quick Answer:New financial advisors entering the Annapolis, MD job market in 2026 can expect a starting salary around $67,300 (BLS 10th-percentile benchmark for SOC 13-2052, projected from 2025 OEWS data). Stripping out Annapolis's local price level (BEA RPP 109.3 — 9% above national), a first-year paycheck buys what $61,574 would in average-cost America. Most reach the city median ($116,035) within a few years of clinical practice.
Based on BLS state-level estimates · View source
For new graduates considering a career in financial advising, the path in Annapolis, Maryland, can be promising. Starting in 2026, entry-level financial advisor salaries begin at approximately $67,300, allowing for some realistic expectations for early-career professionals. This figure is substantially lower than the city’s overall median salary of $116,035, which represents a gap that reflects both experience and client contacts built over time. Over the initial years, new entrants can anticipate salary increases, moving from around $83,545 at the 25th percentile toward more competitive figures closer to the median as they gain experience and develop a client base. Given the city's evolving financial market, Annapolis provides an attractive opportunity for fresh graduates eager to enter the financial services sector.
About the Annapolis Market
Salary estimated from Maryland average ($125,000) adjusted for local cost of living.
Career Earnings Timeline in Annapolis
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 Annapolis
Entry-level financial advisors in Annapolis, MD typically start between $67,300 and $83,545 per year (2026 est.). The full salary range spans $112,554 from the 10th to 90th percentile, with the local median at $116,035 — 6.91% above the national median.
Return on Investment
The average financial planning program cost in Maryland of $58,000 represents just 86.18% of the starting financial advisor pay ($67,300/year) in Annapolis. 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 Annapolis
- 1Research the Annapolis market: entry-level financial advisor pay ranges from $67,300 to $83,545, 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 MD often pay a premium for expanded scope of work.
- 3Evaluate the full compensation package — in Annapolis, 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 Annapolis for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Annapolis'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 Annapolis is $112,554 ( 167.24%) between entry-level and top earners. Starting at $67,300, experienced hygienists can earn up to $179,854.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$55,752
2025 BLS Actual
$65,150
2026 Current Est.
$67,300
2019–2027 Growth
+24.7%
Salary Trajectory for Financial Advisors in Annapolis (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $55,752 | Actual |
| 2020 | $57,245 | Actual |
| 2021 | $61,749 | Actual |
| 2022 | $60,620 | Actual |
| 2023 | $63,255 | Actual |
| 2024 | $77,508 | Actual |
| 2025 | $65,150 | Actual |
| 2026(current) | $67,300 | Estimated |
| 2027 | $69,521 | Projected |
Entry-level financial advisor compensation (10th percentile) in Annapolis, MD grew 16.9% over 7 years based on actual BLS metropolitan area surveys, rising from $55,752 in 2019 to $65,150 in 2025. By 2027, starting salaries are projected to reach $69,521. New graduates entering the Annapolis job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Annapolis 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 Annapolis
Within Annapolis, various firms actively recruit new graduates into the financial advisor role. Companies such as Northwestern Mutual, Edward Jones, and MassMutual often employ new advisors through structured programs that offer training and commission bonuses. Additionally, registered investment advisors (RIAs) frequently seek associate advisors, especially amongst individuals holding Certified Financial Planner (CFP) credentials. To better position themselves, entry-level candidates should consider obtaining licenses, including the Series 7 and Series 66, alongside pursuing the CFP designation, which is highly regarded in the industry. As the market trends indicate a shift towards fee-only models, particularly among RIAs, early-career advisors can expect to earn compensation based on assets under management—a structure typically resulting in increased earning potential over the first few years. Realistically, salaries for new advisors can grow due to these evolving practices and enhanced client services, creating ample opportunities in Annapolis.
More salary data for Annapolis, MD:
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
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 Annapolis. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Annapolis 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