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Business & Finance · Maine

How to Become a Personal Financial Advisors in Maine

Learn about Personal Financial Advisors careers in Maine including salary expectations, licensing requirements, education programs, and job outlook.

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Median salary in Maine
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vs. national average
5.7%
State income tax
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Employed in Maine

What a personal financial advisors can afford in Maine

Gross annual salary$102,140
Est. monthly take-home (after fed + 5.7% state tax)$6,204/mo
Median 2BR rent (Maine)-$1,412/mo
Rent as % of take-home22.8% (within guideline)
Cost-of-living adjusted salary$102,140/yr (RPP: 100)
Monthly remaining after rent$4,792/mo

Becoming a personal financial advisors in Maine

1

Meet education requirements

Personal Financial Advisors positions in Maine typically require Bachelor's degree. Programs are available at colleges and training institutions across Maine. Research accredited programs in your area.

2

Gain required experience

Many personal financial advisors positions in Maine require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.

3

Obtain Maine licensure or certification

Maine may require specific licensing or professional certification for personal financial advisorss. Requirements vary by state — contact the Maine Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.

4

Find positions in Maine

Maine has an active job market for personal financial advisors. The highest concentrations are in Portland-South Portland and Bangor.

Personal Financial Advisors salary by metro area in Maine

Metro areaMedianHourlyEmployment
Portland-South Portland$103K$49.73/hr530
Bangor$95K$45.85/hr70
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Full personal financial advisors salary breakdown in Maine
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Frequently asked questions

How much does a personal financial advisors make in Maine?

Personal Financial Advisors salary data for Maine varies by metro area and experience level. See the metro area breakdown below for specific numbers.

What are the requirements to become a personal financial advisors in Maine?

Personal Financial Advisors positions in Maine typically require Bachelor's degree. Maine may have specific licensing or certification requirements. Check with the Maine licensing board or department of labor for current requirements.

Can a personal financial advisors afford to live in Maine?

At the median salary of $102,140, a personal financial advisors in Maine would take home approximately $6,204/month after taxes. With median 2-bedroom rent at $1,412/month, that's 22.8% of take-home pay going to housing. This is within the recommended 30% guideline.

What are the best cities for personal financial advisors in Maine?

The highest paying metro areas for personal financial advisors in Maine are Portland-South Portland ($103,450), Bangor ($95,360). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.

Does Maine have state income tax for personal financial advisors?

Yes, Maine has a state income tax rate of approximately 5.7%. On a $102,140 salary, this means roughly $5,794/year in state income tax. Use our take-home pay calculator for a detailed breakdown.