Financial Advisor Salary in Bangor, ME: $101,131 (2026)
Quick Answer:A full-time financial advisor in Bangor, ME earns a median $101,131/year (≈ $48.62/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Bangor's price level (3% below national, BEA RPP 96.5), that paycheck buys what $104,790 would nationally. Nominal pay sits 6.5% below the Maine state average.
Official BLS data · View source
In Bangor, Maine, financial professionals are projected to earn a median annual salary of $101,131 in 2026, which reflects a slight dip compared to the national figure of $108,537. This disparity is indicative of the structural divide in the industry, particularly between wirehouses and Registered Investment Advisors (RIAs). The salary range for financial advisors is broad, spanning from $54,842 at the 10th percentile to as high as $210,608 at the 90th percentile. These figures are sourced from surveys conducted by the Bureau of Labor Statistics (BLS), providing an authoritative look at compensation trends within the local financial advisory market. Notably, Bangor's employment landscape for financial advisors relies heavily on the assets under management (AUM) model, influencing overall pay in a market where independent advisory firms are increasingly gaining traction.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $54,842 | $26.37 |
| Lower Range (P25) | $80,615 | $38.76 |
| Median (P50)(typical) | $101,131 | $48.62 |
| Upper Range (P75) | $130,984 | $62.97 |
| Top Earners (P90) | $210,608 | $101.25 |
Median Salary Position
6.82% below the national average
2026 Salary Percentile Distribution in Bangor
In Bangor, ME, the financial advisor salary spread from the 10th to 90th percentile is $155,766 (2026 est.). At $101,131, the local median is 6.82% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Bangor: You'd be in the lower-middle range
How Bangor Financial Advisor Pay Compares
Bangor median: $101,131/year (2026)
| Compared To | Median Salary | Bangor Pays |
|---|---|---|
| Maine Average | $108,161 | -6.50% less |
| National Average | $108,537 | -6.82% less |
Financial Advisors in Bangor, ME earn a median of $101,131 per year (2026 est.), which is 6.82% lower than the national median of $108,537 and 6.50% below the Maine state average of $108,161.
Cost-of-Living Adjusted Salary
Bangor has a cost of living 3.49% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Bangor, ME has a cost-of-living index of 96.508 (below the national average of 100). A financial advisor earning $101,131 nominally has purchasing power equivalent to $104,790 in an average-cost city — an effective 3.62% boost.
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2019 BLS Actual
$81,855
2025 BLS Actual
$97,900
2026 Current Est.
$101,131
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Bangor (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $81,855 | Actual |
| 2020 | $83,234 | Actual |
| 2021 | $129,500 | Actual |
| 2022 | $111,510 | Actual |
| 2023 | $95,300 | Actual |
| 2024 | $95,360 | Actual |
| 2025 | $97,900 | Actual |
| 2026(current) | $101,131 | Estimated |
| 2027 | $104,468 | Projected |
Based on 7 years of BLS OEWS data for the Bangor metropolitan area, the median financial advisor salary grew 19.6% from $81,855 (2019) to $97,900 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $104,468 by 2027 — a total increase of $22,613 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Bangor 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) | $54,842 – $80,615 |
| 3-5 years (Mid Career) | $80,615 – $101,131 |
| 5+ years (Experienced) | $101,131 – $130,984 |
| 10+ years (Top Earner) | $130,984 – $210,608 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Bangor
The local job market in Bangor comprises about 80 financial advisors, which contributes to a competitive environment where advanced credentials such as CFP or CFA can significantly boost earning potential. With a cost-of-living index of 96.508, advisors in Bangor enjoy a slightly lower living expense compared to the national average, which positively affects their take-home pay. Among the various employers, wirehouses such as Morgan Stanley and Wells Fargo Advisors typically offer higher earnings due to their structured support and larger client bases, though RIAs increasingly pay well as they focus on fee-based models rather than commissions. The spread between the lower and upper pay ranges is largely influenced by factors like AUM book size, fee structures, and client demographics. For aspiring financial advisors in Bangor, focusing on building robust client relationships and obtaining key industry licenses can be effective strategies for maximizing pay in this evolving market.
More salary data for Bangor, 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 $97,900 for financial advisorsin the Bangor 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, 5-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