Financial Advisor Salary in South Portland, ME: $100,760 (2026)
Quick Answer:A full-time financial advisor in South Portland, ME earns a median $100,760/year (≈ $48.44/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in South Portland's price level (0% above national, BEA RPP 99.6), that paycheck buys what $101,165 would nationally. Nominal pay sits 6.8% below the Maine state average.
Based on BLS state-level estimates · View source
In 2026, financial advisors in South Portland, Maine, are projected to earn a median annual salary of $100,760, reflecting a trend where the AUM (Assets Under Management) model significantly influences compensation. The salary range spans from $58,441 at the 10th percentile to $156,178 at the 90th percentile, emphasizing the disparities in earnings within this profession. These figures are drawn from estimates based on 2025 BLS data and adjusted for regional cost of living variations. The financial advising landscape in South Portland shows a notable divide between wirehouse firms and RIAs (Registered Investment Advisors), impacting earning potential and the way advisors structure their client relationships and fee models.
About the South Portland Market
Salary estimated from Maine average ($92,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $58,441 | $28.10 |
| Lower Range (P25) | $72,548 | $34.87 |
| Median (P50)(typical) | $100,760 | $48.44 |
| Upper Range (P75) | $128,972 | $62.01 |
| Top Earners (P90) | $156,178 | $75.09 |
Median Salary Position
7.17% below the national average
2026 Salary Percentile Distribution in South Portland
In South Portland, ME, the financial advisor salary spread from the 10th to 90th percentile is $97,737 (2026 est.). At $100,760, the local median is 7.17% below the national median of $108,537.
Salary Calculator
At 40 hours/week in South Portland: You'd be in the lower-middle range
How South Portland Financial Advisor Pay Compares
South Portland median: $100,760/year (2026)
| Compared To | Median Salary | South Portland Pays |
|---|---|---|
| Maine Average | $108,111 | -6.80% less |
| National Average | $108,537 | -7.17% less |
Financial Advisors in South Portland, ME earn a median of $100,760 per year (2026 est.), which is 7.17% lower than the national median of $108,537 and 6.80% below the Maine state average of $108,111.
Cost-of-Living Adjusted Salary
South Portland 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.
South Portland, ME has a cost-of-living index of 99.6 (below the national average of 100). A financial advisor earning $100,760 nominally has purchasing power equivalent to $101,165 in an average-cost city — an effective 0.4% boost.
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2019 BLS Actual
$81,555
2025 BLS Actual
$97,541
2026 Current Est.
$100,760
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in South Portland (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $81,555 | Actual |
| 2020 | $82,929 | Actual |
| 2021 | $87,422 | Actual |
| 2022 | $88,555 | Actual |
| 2023 | $92,444 | Actual |
| 2024 | $88,503 | Actual |
| 2025 | $97,541 | Actual |
| 2026(current) | $100,760 | Estimated |
| 2027 | $104,085 | Projected |
Based on 7 years of BLS OEWS data for the South Portland metropolitan area, the median financial advisor salary grew 19.6% from $81,555 (2019) to $97,541 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $104,085 by 2027 — a total increase of $22,530 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the South Portland 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) | $58,441 – $72,548 |
| 3-5 years (Mid Career) | $72,548 – $100,760 |
| 5+ years (Experienced) | $100,760 – $128,972 |
| 10+ years (Top Earner) | $128,972 – $156,178 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in South Portland
Despite employing only four financial advisors, South Portland's job market presents unique opportunities for growth and competition. The local cost-of-living index of 99.6 suggests that advisors might enjoy greater purchasing power compared to many other regions, though they still face stiff competition from larger financial institutions. Among these, wirehouses like Morgan Stanley and Merrill Lynch traditionally offer higher compensation packages, often based on commission structures, while RIAs typically adopt an AUM fee model that can be more lucrative for seasoned advisors with larger client bases. Additionally, the presence of CFP and CFA credentialed advisors in South Portland can command premium salaries, particularly as high-net-worth clients seek comprehensive planning. To maximize earning potential in this specific market, aspiring financial advisors should focus on building strong relationships, enhancing their qualifications, and considering transitions from commission-based roles at wirehouses to fee-only advisory models that prioritize fiduciary responsibility.
More salary data for South Portland, 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 $97,541 for financial advisorsin the South Portland 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 South Portland 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