Personal Financial Advisors Salary
The median pay for a personal financial advisors in Portland-South Portland, ME is $97,960/year ($47.1/hour), per BLS data. The range runs from $57K at the entry level to $641K for experienced workers. Note: the mean (average) wage is $196K, significantly higher than the median. This typically reflects a mix of employment settings including academic and private practice positions. Adjusted for local prices (RPP 101.86), that's roughly $96,171 in purchasing power. A 2-bedroom apartment runs $2,130/month, about 34.6% of take-home, which is tight.
So what does $98K get you in Portland-South Portland?
Groceries, utilities, transportation, and healthcare scaled from national averages by Portland-South Portland’s Regional Price Parity (101.86). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About personal financial advisors
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What this looks like in Portland-South Portland
Personal financial advisors pay in Portland-South Portland tracks closely to the national median, $98K locally vs. $105K nationwide, a 7% difference. The catch: housing math doesn't keep up. A 2-bedroom at the HUD median rents for $2,130/month, which is 35.6% of the median worker's take-home, past the 30% guideline most planners use. Cost of living (RPP 101.86) is near the national average, so spending patterns here track the typical American budget fairly closely. Use the affordability calculator above to model your specific situation.
Compared to nearby metros
Median pay for personal financial advisors in metros near Portland-South Portland, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Bangor | $98K | $101K |
| Manchester-Nashua | $84K | $80K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Portland-South Portland, ME
Entry-level personal financial advisors (10th percentile) start around $57K. Mid-career wages sit at $98K. Top earners bring in $641K or more, a $584K spread from bottom to top.
Personal Financial Advisors pay across states
Median income ranked highest to lowest, compared to the national figure
View Personal Financial Advisors salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| New York | $166K | +58% | 21,550 |
| New Jersey | $159K | +51% | 9,300 |
| California | $130K | +24% | 32,200 |
| Connecticut | $130K | +23% | N/A |
| South Dakota | $129K | +23% | 620 |
| Massachusetts | $126K | +20% | N/A |
| Delaware | $125K | +19% | N/A |
| Oregon | $123K | +17% | 3,070 |
| Illinois | $120K | +14% | 9,760 |
| Wisconsin | $119K | +14% | 5,200 |
| Washington | $114K | +9% | 5,790 |
| Vermont | $110K | +5% | 520 |
| Pennsylvania | $105K | +0% | 12,200 |
| District of Columbia | $105K | -0% | 480 |
| Minnesota | $103K | -2% | 5,280 |
| Virginia | $103K | -2% | 6,340 |
| Kansas | $103K | -2% | 4,150 |
| Georgia | $101K | -3% | 6,830 |
| Florida | $101K | -4% | 21,490 |
| Missouri | $100K | -5% | 4,480 |
| Maryland | $100K | -5% | 5,260 |
| Texas | $99K | -6% | 18,200 |
| Montana | $97K | -7% | N/A |
| Arizona | $97K | -8% | 6,430 |
| North Carolina | $97K | -8% | 12,340 |
| New Hampshire | $97K | -8% | 1,850 |
| South Carolina | $96K | -8% | 2,400 |
| Idaho | $94K | -10% | 760 |
| New Mexico | $94K | -10% | 610 |
| Nebraska | $93K | -11% | 2,210 |
| Nevada | $93K | -12% | 1,730 |
| Iowa | $92K | -12% | 1,920 |
| Ohio | $91K | -13% | 7,680 |
| Colorado | $89K | -15% | 6,730 |
| Indiana | $88K | -17% | 5,400 |
| Tennessee | $84K | -20% | 3,970 |
| Rhode Island | $80K | -24% | 1,130 |
| West Virginia | $80K | -24% | 670 |
| Arkansas | $79K | -24% | 1,320 |
| Alaska | $79K | -25% | N/A |
| Alabama | $78K | -26% | 2,540 |
| Michigan | $78K | -26% | 6,570 |
| Wyoming | $77K | -26% | 310 |
| Utah | $77K | -26% | 2,520 |
| North Dakota | $77K | -27% | 540 |
| Hawaii | $76K | -28% | 550 |
| Oklahoma | $69K | -35% | 1,140 |
| Kentucky | $67K | -36% | 2,040 |
| Mississippi | $63K | -40% | 790 |
Showing 1–10 of 49 states with published data
BLS does not publish data for every state when sample sizes are too small
Track personal financial advisors salary changes
BLS updates this data quarterly. We'll email you when Portland-South Portland numbers change.
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Frequently asked questions
Can a personal financial advisor afford a 2BR apartment alone in Portland-South Portland?
It’s a stretch — at the median salary of $98K, rent takes 35.6% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $2,130/month. The 30% guideline puts the comfortable ceiling at roughly $1,800/month in rent — so roommates or a 1-bedroom would ease the math significantly.
What’s the entry-level salary for personal financial advisors in Portland-South Portland?
The 10th-percentile wage — what new personal financial advisors typically earn — is $57K/year. Take-home on that works out to about $3,421/month. At HUD’s $2,130/month FMR, rent would take 62% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is personal financial advisor a high-paying job in Portland-South Portland?
Pay here is roughly in line with the national average — $98K locally vs. $105K nationally, a 7% difference.
How does Portland-South Portland compare to the national average for personal financial advisors?
Portland-South Portland pays $98K median vs. the U.S. average of $105K — that’s -7%. After adjusting for local cost of living (RPP 101.86), the purchasing-power equivalent is $96K — below the national median.
How much do personal financial advisors make in Portland-South Portland, ME?
The median is $97,960 a year, that works out to about $47 an hour. But the range is wide: entry-level workers start around $57,010, and experienced personal financial advisors can clear $640,940. The mean (average) is $195,790, reflecting that some workers earn substantially more. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $98K enough to live in Portland-South Portland?
On that salary, you'd take home roughly $5,984/month after taxes. A 2-bedroom here rents for about $2,130/month, which eats 35.6% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.
How far does a personal financial advisors salary go in Portland-South Portland?
Portland-South Portland has a Regional Price Parity of 101.86 (100 is the national average). Prices are above average here, so your dollar buys less than the same salary would in a cheaper metro. After cost-of-living adjustment, the median personal financial advisors salary is worth about $96,171 in national-average purchasing power.
Where do personal financial advisors get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.