Financial Advisor Salary in Maine: $101,258 (2026)
Quick Answer:Across Maine's 10 metropolitan areas, the average median financial advisor pay sits at $101,258/year heading into 2026 — a figure projected from 2025 BLS OEWS wage data for SOC 13-2052. Because Maine sits at BEA RPP 99.6 (0% above the U.S. baseline), that statewide median translates to roughly $101,665 in nationally-comparable purchasing power. Highest-paying metros: Lewiston ($103,090), Scarborough ($99,847), Biddeford ($99,012).
In Maine, the average median salary for financial advisors is projected to be $101,258 in 2026, which is approximately 6.7% lower than the national median of $108,537. The salary range within the state exhibits some variation, with Lewiston offering the highest at $106,492, while Brunswick provides the lowest at $100,036, resulting in a gap of $6,456. Factors such as the local cost of living, demand for financial services, and the concentration of financial institutions can influence these salary disparities across different cities. Maine has specific licensing requirements for financial advisors, including passing the Series 65 or Series 66 exams, which impact the scope of practice and professional opportunities. The demand for financial advisors in the state is supported by an aging population and increasing interest in retirement planning, contributing to an annual growth rate of 3.30% in employment for this profession. Currently, there are 712 financial advisors employed in Maine. Key cities projected to have the highest salaries include Scarborough at $103,142, Biddeford at $102,279, Augusta at $101,939, and Auburn at $101,588, indicating a moderate demand for skilled financial advising in various regions of the state.
Maine Financial Advisor Salary Range
Overall salary range in Maine: $54,842 (lowest entry-level) to $662,091 (highest top earner)
Maine vs National Average
Maine financial advisors earn 6.71% less than the national median ($-7,279/year difference).
Maine Financial Advisor Salary Distribution (2026)
Financial Advisor salaries in Maine range from $58,466 (entry-level, 10th percentile) to $581,670 (top earners, 90th percentile), with a median of $101,258. The Maine median is $7,279 below the US national median of $108,537. The average hourly rate is $48.68/hr. Approximately 712 financial advisors are employed across 10 cities.
2019 BLS Actual
$115,990
2025 BLS Actual
$98,023
2026 Current Est.
$101,258
2019–2027 Growth
+-9.8%
Salary Trajectory for Financial Advisors in Maine (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 | $134,263 | Actual |
| 2021 | $134,060 | Actual |
| 2022 | $124,787 | Actual |
| 2023 | $105,992 | Actual |
| 2024 | $101,498 | Actual |
| 2025 | $98,023 | Actual |
| 2026(current) | $101,258 | Estimated |
| 2027 | $104,599 | Projected |
Based on 7 years of BLS OEWS data for the Maine metropolitan area, the median financial advisor salary grew -15.5% from $115,990 (2019) to $98,023 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $104,599 by 2027 — a total increase of $-11,391 (-9.82%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Maine 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.
Top 5 Highest Paying Cities in Maine
Lowest Paying Cities in Maine
| City | Median Salary |
|---|---|
| Brunswick | $100,036 |
| South Portland | $100,760 |
| Sanford | $100,987 |
| Bangor | $101,131 |
| Portland | $101,193 |
Best Value Cities for Financial Advisors in Maine
When adjusted for local cost of living, these Maine cities offer the most purchasing power for financial advisors.
| City | Nominal Salary | CoL Index | Adjusted Salary |
|---|---|---|---|
| Lewiston | $106,492 | 99.6 | $106,920 |
| Bangor | $101,131 | 96.508 | $104,790 |
| Scarborough | $103,142 | 99.6 | $103,556 |
| Biddeford | $102,279 | 99.6 | $102,690 |
| Augusta | $101,939 | 99.6 | $102,348 |
Adjusted salary = nominal salary × (100 / CoL index). CoL index: 100 = national average. Lower index = lower cost of living.
Salary by Experience Level in Maine
| Experience Level | Estimated Annual |
|---|---|
| Entry Level (0-2 years) | $58,466 |
| Mid Career (3-7 years) | $101,258 |
| Experienced (7+ years) | $581,670 |
Estimates based on BLS percentile data averaged across Maine metro areas. Individual pay varies by employer, certifications, and specialization.
All 10 Cities in Maine
| # | City | Median Salary |
|---|---|---|
| 1 | Lewiston | $106,492 |
| 2 | Scarborough | $103,142 |
| 3 | Biddeford | $102,279 |
| 4 | Augusta | $101,939 |
| 5 | Auburn | $101,588 |
| 6 | Portland | $101,193 |
| 7 | Bangor | $101,131 |
| 8 | Sanford | $100,987 |
| 9 | South Portland | $100,760 |
| 10 | Brunswick | $100,036 |
More Maine Salary Data
Senior / Experienced
Top earner salaries for experienced financial advisors.
Explore More Financial Advisor Salary Data
Frequently Asked Questions
How much do financial advisors make in Maine in 2026?
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How does Maine financial advisor pay compare to the national average?
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Which Maine city offers the best value for financial advisors?
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
Statewide 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. A 3.30% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to each metro area's reported salary to estimate current 2026 financial advisor compensation across Maine. State averages are employment-weighted across 10 metro areas — larger metro areas with more financial advisorscontribute proportionally more to the average, producing figures that better reflect typical compensation. Individual pay varies by city, employer, certifications, and experience.
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