Financial Advisor Salary in Towson, MD: $101,839 (2026)
Quick Answer:A full-time financial advisor in Towson, MD earns a median $101,839/year (≈ $48.96/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Towson's price level (9% above national, BEA RPP 109.3), that paycheck buys what $93,174 would nationally. Nominal pay sits 14.2% below the Maryland state average.
Based on BLS state-level estimates · View source
In 2026, the financial advisor salary in Towson, Maryland, is projected to be around $101,839, slightly below the national median of $108,537. The local pay range shows significant disparity, from a bottom tier of $59,067 to a top of $157,851. These figures, based on 2025 BLS data projected to 2026, reflect the distinct compensation dynamics shaped by the market structure. The divide between wirehouse and Registered Investment Advisor (RIA) firms significantly influences earnings, where advisors often pivot between commission-based structures and the AUM fee model. Given the evolving landscape, professionals in Towson may find opportunities for growth, largely influenced by how well they adapt to client needs and investment trends.
About the Towson Market
Salary estimated from Maryland average ($125,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $59,067 | $28.40 |
| Lower Range (P25) | $73,324 | $35.26 |
| Median (P50)(typical) | $101,839 | $48.96 |
| Upper Range (P75) | $130,354 | $62.67 |
| Top Earners (P90) | $157,851 | $75.89 |
Median Salary Position
6.17% below the national average
2026 Salary Percentile Distribution in Towson
In Towson, MD, the financial advisor salary spread from the 10th to 90th percentile is $98,784 (2026 est.). At $101,839, the local median is 6.17% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Towson: You'd be in the lower-middle range
How Towson Financial Advisor Pay Compares
Towson median: $101,839/year (2026)
| Compared To | Median Salary | Towson Pays |
|---|---|---|
| Maryland Average | $118,694 | -14.20% less |
| National Average | $108,537 | -6.17% less |
Financial Advisors in Towson, MD earn a median of $101,839 per year (2026 est.), which is 6.17% lower than the national median of $108,537 and 14.20% below the Maryland state average of $118,694.
Cost-of-Living Adjusted Salary
Towson has a cost of living 9.30% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Towson, MD has a cost-of-living index of 109.3 (above the national average of 100). While the nominal salary of $101,839 is competitive, the higher cost of living reduces purchasing power to an effective $93,174 — a 8.51% reduction.
Compare Purchasing Power
Select a city to see how your salary compares after cost of living
Select a city above to compare purchasing power
2019 BLS Actual
$82,429
2025 BLS Actual
$98,586
2026 Current Est.
$101,839
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Towson (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $82,429 | Actual |
| 2020 | $83,817 | Actual |
| 2021 | $88,359 | Actual |
| 2022 | $89,503 | Actual |
| 2023 | $93,435 | Actual |
| 2024 | $134,734 | Actual |
| 2025 | $98,586 | Actual |
| 2026(current) | $101,839 | Estimated |
| 2027 | $105,200 | Projected |
Based on 7 years of BLS OEWS data for the Towson metropolitan area, the median financial advisor salary grew 19.6% from $82,429 (2019) to $98,586 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $105,200 by 2027 — a total increase of $22,771 (27.62%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Towson 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) | $59,067 – $73,324 |
| 3-5 years (Mid Career) | $73,324 – $101,839 |
| 5+ years (Experienced) | $101,839 – $130,354 |
| 10+ years (Top Earner) | $130,354 – $157,851 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Towson
With only 11 financial advisors employed locally, Towson's job market offers a blend of competitive compensation and a cost-of-living index of 109.3, indicating higher expenses relative to the national average. This situation can impact the effective purchasing power of advisors' salaries. While prominent wirehouses such as Morgan Stanley and Merrill Lynch typically lead in compensation, RIAs and independent broker-dealers like LPL and Raymond James are attracting top talent through fiduciary models and patient capital investment strategies. The spread between low and high earners often relates to the assets under management (AUM) they handle, their clientele's wealth, and whether they possess advanced credentials like the CFP or CFA designations. To enhance earning potential in Towson, aspiring advisors should consider specializing in high-net-worth (HNW) segments and securing partnerships within RIAs to leverage equity stakes and improve their financial trajectory.
More salary data for Towson, MD:
Frequently Asked Questions
How much do financial advisors make in Towson, MD in 2026?
Is Towson, MD a good place to work as a financial advisor?
Can financial advisors make $100K in Towson?
What is the cost-of-living adjusted financial advisor salary in Towson?
How much does a financial advisor make per hour in Towson?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Maryland
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 $98,586 for financial advisorsin the Towson 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 Towson 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