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As of August 01, 2026, the average salary for a Wealth Management Advisor I in Maryland is $57,500 per year, which breaks down to an hourly rate of $28.
However, a Wealth Management Advisor I's salary can vary significantly. Here’s a look at the typical salary range:
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Wealth Management Advisor I Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $63,300 | $5,275 | $1,217 | $30 |
| Average | $57,500 | $4,792 | $1,106 | $28 |
| 25th Percentile | $49,300 | $4,108 | $948 | $24 |
The Goldman Sachs Group, Inc. - Baltimore, MD
Simplex - Bethesda, MD
Gable Search Group - Baltimore, MD
Chase - Oxon Hill, MD
A Wealth Management Advisor I's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.
Experience is a primary driver of a Wealth Management Advisor I's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Wealth Management Advisor I | 0-2 years | $57,442 |
| Wealth Management Advisor II | 2-4 years | $76,349 |
| Wealth Management Advisor III | 4-7 years | $92,388 |
| Wealth Management Advisor IV | 7+ years | $111,342 |
| Wealth Management Advising Director | 7+ years | $225,520 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Wealth Management Advisor Is. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
Wealth Management Advisor I salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $61,908. While startup companies pay approximate $52,468.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $52,468 |
| Growth Stage | 51~500 | $55,476 |
| Established | 501~5000 | $59,804 |
| Enterprise | 5000+ | $61,908 |
For Wealth Management Advisor I roles, the industry you choose can affect earning potential by as much as 95% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Business Services sectors offer the strongest compensation, at 45% above the average. In contrast, Wealth Management Advisor positions in Insurance or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Wealth Management Advisor I as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $83,375 | $40.0 | 45% |
| Business Services | $63,250 | $30.0 | 10% |
Understanding how a Wealth Management Advisor I's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $63,300 | $5,275 | $1,217 | $30 |
| Average | $57,500 | $4,792 | $1,106 | $28 |
| 25th Percentile | $49,300 | $4,108 | $948 | $24 |
Promotions are the fastest way to increase your earnings. As a Wealth Management Advisor I, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Wealth Management Advisor II | $76,400 | 33% |
| Private Client Banker II | $89,300 | 55% |
Ready to take the next step in your career? Browse thousands of current Wealth Management Advisor I job openings on our job board. Use the search bar below to find your perfect match.
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