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Personal Financial Advisors in Maryland

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Personal Financial Advisors in Maryland

Get the information you need to know about working as a Personal Financial Advisor.

6.8% Jobs Projection
$81,360 Median Salary
420 Job Openings

You’re in luck! Jobs for Personal Financial Advisors in Maryland are projected to grow and these jobs tend to pay higher than average.

  • Projected employment for Personal Financial Advisors in Maryland is growing faster than average.

  • Personal Financial Advisors in Maryland earn higher salaries than the typical U.S. wage earner.

How Many Personal Financial Advisors Work in Maryland?

4,290 people worked as Personal Financial Advisors in 2018 in this state.

There were 4,600 Personal Financial Advisors employed in this state in 2017.

That’s a decline of 310 jobs between 2017 and 2018.


The typical state has 1,820 Personal Financial Advisors working in it, which means Maryland has more Personal Financial Advisors than average.


Job Projections for Maryland

Jobs for Personal Financial Advisors in this state are growing at a rate of 6.8% which is slower than the nationwide estimated projection of 14.9%.


Maryland Annual Job Openings

The BLS estimates there will be 420 annual job openings, and 6,910 total jobs in 2026 for Personal Financial Advisors in this state.

Nationwide, the prediction is 25,500 annual jobs and 312,300 total jobs in 2026.

What do Personal Financial Advisors Make in Maryland?

In 2018 wages for Personal Financial Advisors ranged from $45,910 to $208,000 with $81,360 being the median annual salary.

Broken down to an hourly rate, workers in this field made anywhere from $22.07 to $100. The median hourly rate was $39.12.

In 2017 the median pay for this field was $37.27 an hour.

The hourly rate grew by $1.85.

The median salary in Maryland is higher than the nationwide median salary.


Top Maryland Metros for Personal Financial Advisors

The table below shows some of the metros in this state with the most Personal Financial Advisors.

Metro Number Employed Annual Median Salary
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 5,760 $78,270
Washington-Arlington-Alexandria, DC-VA-MD-WV 3,880 $80,720
Baltimore-Columbia-Towson, MD 2,750 $90,250
Salisbury, MD-DE 90 $98,460
Hagerstown-Martinsburg, MD-WV 60 $76,980

Top States for Personal Financial Advisors Employment

The table below shows the states where most Personal Financial Advisors work.

State Number Employed Annual Median Salary
New York 26,710 $136,830
California 24,890 $96,490
Florida 14,080 $90,460
Texas 10,830 $88,220
Massachusetts 9,060 $82,060
Illinois 8,940 $88,760
Pennsylvania 8,590 $78,470
North Carolina 7,010 $97,960
Ohio 6,000 $74,390
Michigan 5,210 $73,050
Missouri 5,050 $63,000
Wisconsin 4,730 $88,590
New Jersey 4,700 $107,250
Georgia 4,660 $96,980
Connecticut 4,470 $98,000
Virginia 4,370 $83,220
Maryland 4,290 $81,360
Colorado 4,010 $85,120
Indiana 3,740 $90,150
Minnesota 3,720 $79,010

Below are the states where Personal Financial Advisors get paid the most:

State Annual Median Salary
New York $136,830
District of Columbia $136,660
New Jersey $107,250
Delaware $101,920
Maine $101,550
Washington $99,960
Connecticut $98,000
North Carolina $97,960
Georgia $96,980
California $96,490

Discover similar careers:

Occupation MD Employment Total


More about our data sources and methodologies.

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