Financial Advisor salary in Maryland

Average salary
$84,500/yr
Based on 377 income tax records
Total salary range: is $57,500 - $146,500
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DATA PROVIDED BY turbotax icon

Based on income reported to the IRS in box 1 of W-2.

From consenting TurboTax customers

greyed out histogram
Not enough histogram data
DATA PROVIDED BY turbotax icon

Based on income reported to the IRS in box 1 of W-2.

From consenting TurboTax customers

How much do Financial Advisors make?
The average total salary for a Financial Advisor is $84,500 per year. This is based on data from 377 TurboTax users who reported their job as Financial Advisor and includes taxable wages, tips, bonuses, and more. Financial Advisor salary can vary between $28,500 to $480,500 depending on factors including education, skills, experience, employer & location. Read more
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Financial Advisor salary by location

Location
Average salary per year*
Salary range**
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Annapolis, MD
15 income tax records
$130,500/yr
$98K – $245K
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Towson, MD
11 income tax records
$119,000/yr
$83K – $150K
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Rockville, MD
10 income tax records
$89,000/yr
$68K – $202K
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Lutherville Timonium, MD
11 income tax records
$88,500/yr
$81K – $173K
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Bethesda, MD
19 income tax records
$88,000/yr
$72K – $124K
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Baltimore, MD
47 income tax records
$76,000/yr
$58K – $96K
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Frederick, MD
15 income tax records
$63,500/yr
$52K – $85K
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Silver Spring, MD
11 income tax records
$59,000/yr
$39K – $67K

Financial Advisor salary by company

Employer
Average salary per year*
Salary range**
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Wells Fargo, Maryland
22 income tax records
$139,500/yr
$80K – $234K
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Morgan Stanley, Maryland
37 income tax records
$123,000/yr
$67K – $342K
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Merrill Lynch, Maryland
86 income tax records
$86,000/yr
$65K – $120K
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Edward Jones, Maryland
15 income tax records
$79,500/yr
$55K – $112K

Financial Advisor demographics in Maryland

single icon
48% are single
married icon
52% are married
have kids icon
47% have kids
own a home icon
55% own a home

Financial Advisor salaries by age in Maryland

$0
$39,750
$79,500
$119,250
$159,000
18-25
26-35
36-45
46-55
56+
Years of age

Effective Tax Rates for Financial Advisors in Maryland

377 full-time salaries from 2019
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FAQS
The average salary for a financial advisor in Maryland is $84,500 per year. Financial advisor salaries in Maryland can vary between $28,500 to $480,500 and depend on various factors, including skills, experience, employer, bonuses, tips, and more.

This data is exclusive to Mint Salary and is based on 377 tax returns from TurboTax customers who reported their occupation as financial advisor.

The following companies offer the highest salaries for financial advisors in Maryland: Wells Fargo ($139,500 a year), Morgan Stanley ($123,000 a year), and Merrill Lynch ($86,000 a year).

The following cities offer the highest salaries for financial advisors in Maryland: Annapolis, MD ($130,500 a year), Towson, MD ($119,000 a year), and Rockville, MD ($89,000 a year).
*
Total salary amounts here include total taxable wages, tips, prizes and other compensation. Salaries here are not representative of the total population and may reflect different levels of experience or education. Learn more
**
Total salary ranges shown here exclude outliers.