Financial Advisor Salary in Sanford, ME: $100,987 (2026)
Quick Answer:A full-time financial advisor in Sanford, ME earns a median $100,987/year (≈ $48.55/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Sanford's price level (0% above national, BEA RPP 99.6), that paycheck buys what $101,393 would nationally. Nominal pay sits 6.6% below the Maine state average.
Based on BLS state-level estimates · View source
In 2026, financial advisors in Sanford, Maine, will see a projected median annual salary of $100,987, reflecting the growing demand for fiduciary fee-only services amid the rise of the Certified Financial Planner (CFP) credential. This median salary is complemented by a salary range from $58,572 at the 10th percentile to $156,530 at the 90th percentile, which illustrates the potential for significant income variation based on experience, clientele, and business model. These figures arise from 2025 BLS state-level data, adjusted for local cost of living realities in Sanford, where financial advisors earn a salary lower than the national median of $108,537. The trend toward fee-only models continues to have a strong presence in the Sanford job market, indicating evolving compensation structures for advisors in this area.
About the Sanford Market
Salary estimated from Maine average ($92,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $58,572 | $28.16 |
| Lower Range (P25) | $73,667 | $35.42 |
| Median (P50)(typical) | $100,987 | $48.55 |
| Upper Range (P75) | $129,263 | $62.15 |
| Top Earners (P90) | $156,530 | $75.25 |
Median Salary Position
6.96% below the national average
2026 Salary Percentile Distribution in Sanford
In Sanford, ME, the financial advisor salary spread from the 10th to 90th percentile is $97,958 (2026 est.). At $100,987, the local median is 6.96% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Sanford: You'd be in the lower-middle range
How Sanford Financial Advisor Pay Compares
Sanford median: $100,987/year (2026)
| Compared To | Median Salary | Sanford Pays |
|---|---|---|
| Maine Average | $108,123 | -6.60% less |
| National Average | $108,537 | -6.96% less |
Financial Advisors in Sanford, ME earn a median of $100,987 per year (2026 est.), which is 6.96% lower than the national median of $108,537 and 6.60% below the Maine state average of $108,123.
Cost-of-Living Adjusted Salary
Sanford has a cost of living 0.40% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Sanford, ME has a cost-of-living index of 99.6 (below the national average of 100). A financial advisor earning $100,987 nominally has purchasing power equivalent to $101,393 in an average-cost city — an effective 0.4% boost.
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2019 BLS Actual
$81,739
2025 BLS Actual
$97,761
2026 Current Est.
$100,987
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Sanford (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $81,739 | Actual |
| 2020 | $83,116 | Actual |
| 2021 | $87,619 | Actual |
| 2022 | $88,754 | Actual |
| 2023 | $92,653 | Actual |
| 2024 | $85,600 | Actual |
| 2025 | $97,761 | Actual |
| 2026(current) | $100,987 | Estimated |
| 2027 | $104,320 | Projected |
Based on 7 years of BLS OEWS data for the Sanford metropolitan area, the median financial advisor salary grew 19.6% from $81,739 (2019) to $97,761 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $104,320 by 2027 — a total increase of $22,581 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Sanford 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) | $58,572 – $73,667 |
| 3-5 years (Mid Career) | $73,667 – $100,987 |
| 5+ years (Experienced) | $100,987 – $129,263 |
| 10+ years (Top Earner) | $129,263 – $156,530 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Sanford
In Sanford, the financial advisor job market consists of just six professionals, highlighting a relatively small community but one that is poised for manageable competition. The cost of living index stands at 99.6, just below the national average, which means that while salaries might appear lower in comparison to the national scale, the purchasing power remains reasonable. Employers like Morgan Stanley and Wells Fargo Advisors may provide higher compensation options for advisors due to their expansive client bases and asset management capabilities. The disparity in pay levels stems from various factors such as the size of assets under management (AUM), fee structure, and the advisor’s qualifications, with those holding CFP credentials often commanding a premium. To maximize financial advisor pay in Sanford, pursuing high-net-worth clients, developing a robust AUM portfolio, and transitioning towards fee-based fiduciary services can significantly enhance earnings potential in this evolving market.
More salary data for Sanford, 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 $97,761 for financial advisorsin the Sanford 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
Salary data for Sanford 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