Business and Financial Operations

Personal Financial Advisors Salary in Baltimore, MD (2024)

Personal Financial Advisors in the Baltimore-Columbia-Towson, MD metro area earn a median of $114,490 per year ($55.05 per hour) based on 3,540 jobs counted by the Bureau of Labor Statistics in 2024. That is +12.1% against the national median of $102,140 for this occupation.

Median annual
$114,490
$55.05 / hour
Average annual
$168,930
mean, pulled up by top earners
Employment
3,540
2.64 per 1,000 local jobs
Local median, all jobs
$57,340
this job pays +99.7% vs that

Pay distribution

The median is a single point on a wide curve. The table below shows where personal financial advisors actually sit across the pay range in Baltimore, MD, from the bottom decile to the top.

Annual and hourly wages for Personal Financial Advisors in Baltimore-Columbia-Towson, MD, 2024. Hourly figures for percentiles are annual ÷ 2,080 hours.
Percentile Hourly Annual Note
10th percentile $24.03 $49,990
25th percentile $36.42 $75,760
Median $55.05 $114,490 half earn more, half earn less
75th percentile $97.96 $203,750
90th percentile — —
Average (mean) $81.22 $168,930
10th pct$49,99025th pct$75,760Median$114,49075th pct$203,750
Annual wage by percentile, Personal Financial Advisors, Baltimore, MD. Source: BLS OEWS 2024.

How Baltimore, MD compares

The local median of $114,490 runs +12.1% above the US median of $102,140 for this occupation; it pays 99.7% more than the metro-wide median across all jobs ($57,340); within the metro it ranks 70th of 652 detailed occupations by median pay.

Benchmarks for Personal Financial Advisors, 2024
Benchmark Median annual Difference
Baltimore, MD — this occupation $114,490 —
US median, same occupation (all areas) $102,140 +12.1%
Baltimore, MD — all occupations $57,340 +99.7%
Highest metro in the US for this job $168,350 -32.0%
Reading this data

At a location quotient of 1.51, this occupation is over-represented locally: the metro has about 151% of the national share of these workers.

Low confidence The relative standard error is 12.5%, which is wide. This estimate is based on a small sample of workers in the metro, so the true figure could sit well outside the number shown.

Ranked 70th of 652 detailed occupations in the metro by median annual wage.

Highest-paying jobs in Baltimore, MD

To put $114,490 in context, these are the best-paid detailed occupations in the same metro area. This occupation sits 70th.

Top 10 occupations by median annual wage, Baltimore-Columbia-Towson, MD
Occupation Median annual Employment
Physicians, All Other $226,570 3,420
Podiatrists $218,390 130
Ophthalmologists, Except Pediatric $213,490 —
Nurse Anesthetists $209,340 420
Pediatricians, General $187,190 280
Dentists, General $186,530 1,090
Judges, Magistrate Judges, and Magistrates $181,320 200
Computer and Information Systems Managers $173,130 7,380
Architectural and Engineering Managers $163,970 2,390
Physicists $162,490 480

Where personal financial advisors earn the most

Across the 24 metro areas with released data for this occupation, medians run from $78,650 to $168,350. These are the top markets.

Top metros by median annual wage, Personal Financial Advisors
Metro area Median annual Employment
New York-Newark-Jersey City, NY-NJ $168,350 28,950
San Francisco-Oakland-Fremont, CA $157,510 8,830
San Diego-Chula Vista-Carlsbad, CA $128,400 2,810
Los Angeles-Long Beach-Anaheim, CA $121,940 12,240
Baltimore-Columbia-Towson, MD $114,490 3,540
Seattle-Tacoma-Bellevue, WA $112,020 4,860
Washington-Arlington-Alexandria, DC-VA-MD-WV $109,520 4,320
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD $109,390 7,370
Chicago-Naperville-Elgin, IL-IN $108,640 8,170
Miami-Fort Lauderdale-West Palm Beach, FL $108,310 7,180

See the full national picture on the Personal Financial Advisors salary by metro page.

Frequently asked questions

What is the median salary for personal financial advisors in Baltimore, MD?

The median annual wage is $114,490, or $55 per hour. That means half of the personal financial advisors working in the Baltimore-Columbia-Towson, MD metro area earn more than this figure and half earn less. The average is $168,930.

Is personal financial advisors pay in Baltimore, MD above the local average?

Yes, it is 99.7% above the all-occupation median for the metro, which is $57,340. That comparison is the fairer one for judging local purchasing power, because it holds the metro's overall cost and wage level constant.

How does Baltimore, MD pay compare with the rest of the US for this job?

At $114,490 the metro median is 12.1% higher than the US median of $102,140 for personal financial advisors. Across the 24 metro areas covered here, this occupation ranges from $78,650 to $168,350.

How many personal financial advisors work in Baltimore, MD?

BLS counts about 3,540 people in this occupation in the metro area, or 2.64 jobs per 1,000 total jobs. At a location quotient of 1.51, this occupation is over-represented locally: the metro has about 151% of the national share of these workers.

About these figures

Method and limits

Figures come from the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey for 2024 (employment relative standard error 19.4%). OEWS measures what employers pay, not what any individual earns; it excludes self-employed workers, and it does not adjust for local cost of living. This particular estimate carries a wide margin of error and should be read as a rough range.

Read the full methodology, or the original data at bls.gov/oes.