Application Fee
See agencyVerified by ME Board of Business
Financial Advisor Licensing in Maine
Review current requirements, exam details, renewal cycle, and salary outlook for financial advisor in Maine, including See agency and board contact links.
Last verified: Feb 12, 2026
Exam Requirement
State exam requiredRenewal Cycle
See board renewal rulesLicensing Blueprint for Financial Advisor in Maine
Estimated timeline: 6-24 monthsCore Requirements
- License Type: Tied to business
- Education: No educational requirements
- Examination: State exam required
- Application Fee: See agency
- Background Check: No criminal record prohibitions
- Continuing Education: No continuing education requirement to maintain license
Application Snapshot
- Licensing Authority
Maine Department of Professional & Financial Regulation • Office of Professional and Occupational Regulation
- Current Filing Fee
See agency
- Renewal Cycle
See board renewal rules
- Salary Position
$102,140 median (0% above national)
- State Salary Rank
#14 of 50 states
Step-by-Step Process (4)
- 1. Meet baseline eligibility requirements.
- 2. Complete approved education/training requirements.
- 3. Pass required exam(s) and submit application.
- 4. Maintain and renew license according to board rules.
Salary Insights in Maine
With a median salary of 102,140, Financial Advisors in Maine earn 0% above the national median of 102140. Maine ranks #14 among 50 states. The typical licensing timeline is 6-24 months.
Median annual salary
$102,140Hourly estimate
$49.110% above national median
Difference: +$0
Percentile Distribution
Annual compensationFinancial Advisor Salary Ranking
#14 of 50 statesfor Financial Advisor median salary
| Rank | State | Median Salary |
|---|---|---|
| #1 | New York | 167,970 |
| #2 | Idaho | 136,440 |
| #3 | California | 128,650 |
| #4 | Delaware | 128,170 |
| #5 | New Jersey | 123,690 |
Nearby States Comparison
Financial Advisor licensing across the region| State | Median Salary | Education | Exam | Timeline |
|---|---|---|---|---|
| Maine | $102,140 | No educational requirements | State exam required | 6-24 months |
| New Hampshire | $82,530 | Varies by state board | Third-party exam required | 6-24 months |
License by Endorsement
Transfer requirements are state-specific. Use this quick matrix as a planning signal, then verify final endorsement rules with each board.
| State | Reciprocity Score | Tier | Notes |
|---|---|---|---|
| Maine | 62 | Medium | State-specific exam conditions may apply. Background check or criminal history review is indicated. |
| New Hampshire | 54 | Low | State-specific exam conditions may apply. Documented experience may be required. |
- License status indicator: Active.
- Continuing education indicator: No continuing education requirement to maintain license.
- Reciprocity and transfer rules vary by state board. Verify directly with the agency.
Official Licensing Agency
Maine Department of Professional & Financial Regulation • Office of Professional and Occupational Regulation
Gardiner Annex/ 76 Northern Ave, 35 State House Station, Augusta, ME, 04333-0035
Phone: 2076248603
Related Careers in Maine
| Profession | Median Salary | Education | Timeline |
|---|---|---|---|
| Architect | $79,600 | No educational requirements | 6-24 months |
| Certified Public Accountant | $77,680 | Specific course required | 6-24 months |
| Civil Engineer | $94,880 | Specific course required | 6-24 months |
| Funeral Director | $63,790 | Specific course required | 6-24 months |
FAQ
How long does it take to become a Financial Advisor in Maine?
Most applicants finish the licensing path in about 6-24 months, but timing can change based on education track, exam scheduling, and board processing.
What exams are required for Financial Advisors in Maine?
Maine lists State exam required as part of the licensure process for Financial Advisors.
What education do you need to become a Financial Advisor in Maine?
The board typically expects No educational requirements for Financial Advisor licensure in Maine.
What is the typical Financial Advisor salary in Maine?
The median annual salary for Financial Advisors in Maine is 102,140.
How does the Financial Advisor salary in Maine compare to the national average?
Financial Advisors in Maine earn 0% above the national median of 102140, with a state median of 102,140.
How many Financial Advisors work in Maine?
Maine employs approximately 800 Financial Advisors according to BLS data.
Can I transfer my Financial Advisor license to Maine from another state?
Transfer requirements vary by board. License status indicator: Active. Continuing education indicator: No continuing education requirement to maintain license. Reciprocity and transfer rules vary by state board. Verify directly with the agency.
Who is the licensing agency for Financial Advisors in Maine?
The licensing agency is Maine Department of Professional & Financial Regulation / Office of Professional and Occupational Regulation. Review agency details at https://www.maine.gov/pfr/professionallicensing/index.shtml.