Application Fee
See agencyVerified by MD Board of Business
Financial Advisor Licensing in Maryland
Review current requirements, exam details, renewal cycle, and salary outlook for financial advisor in Maryland, including See agency and board contact links.
Last verified: Feb 17, 2026
Current
Exam Requirement
No exam requiredRenewal Cycle
See board renewal rulesLicensing Blueprint for Financial Advisor in Maryland
Estimated timeline: Varies by boardCore Requirements
- 1
Education: No educational requirements.
- 2
License Type: Stand-alone license.
Exam and processing details
- No exam required
Application Snapshot
- Licensing Authority
There is some indication that this license exists in Maryland, but it has not yet been confirmed by state experts
- Current Filing Fee
See agency
- Renewal Cycle
See board renewal rules
- Salary Position
$122,510 median (20% above national)
- State Salary Rank
#7 of 50 states
Step-by-Step Process (4)
- 1. Meet Maryland eligibility requirements for Financial Advisor licensure.
- 2. Complete required education or training: No educational requirements.
- 3. Pass required examination steps: No exam required.
- 4. Submit the application to There is some indication that this license exists in Maryland, but it has not yet been confirmed by state experts and monitor board communications.
Salary Insights in Maryland
With a median salary of $122,510, Financial Advisors in Maryland earn 20% above the national median of $102,140. Maryland ranks #7 among 50 states. The typical licensing timeline is Varies by board.
State Hiring Climate (QCEW)
SteadyQoQ Employment Change
+1.3%Average Weekly Wage
$1,497Median annual salary
$122,510Hourly estimate
$58.9020% above national median
Difference: +$20,370
Percentile Distribution
Annual compensationFinancial Advisor Salary Ranking
#7 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 |
|---|---|---|---|---|
| Maryland | $122,510 | No educational requirements | No exam required | Varies by board |
| Pennsylvania | $103,290 | Degree required | State exam required | Varies by board |
| Delaware | $128,170 | No educational requirements | No exam required | Varies by board |
| West Virginia | $77,790 | Specific course required | State exam required | Varies by board |
| Virginia | $99,990 | Specific course required | Third-party exam required | Varies by board |
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 |
|---|---|---|---|
| Maryland | 68 | Medium | State-specific exam conditions may apply. |
| Pennsylvania | 68 | Medium | State-specific exam conditions may apply. |
| Delaware | 68 | Medium | State-specific exam conditions may apply. |
| West Virginia | 68 | Medium | State-specific exam conditions may apply. |
| Virginia | 68 | Medium | State-specific exam conditions may apply. |
- Reciprocity and transfer rules vary by state board. Verify directly with the agency.
Official Licensing Agency
Agency website unverified
There is some indication that this license exists in Maryland, but it has not yet been confirmed by state experts
See official licensing board website
Phone: N/A
This agency is in our manual verification queue. We only publish direct official board URLs after verification.
Related Careers in Maryland
| Profession | Median Salary | Education | Timeline |
|---|---|---|---|
| Architect | $99,210 | Varies by state board | Varies by board |
| Audio and Video Technicians | $59,820 | Varies by state board | Varies by board |
| Certified Public Accountant | $84,890 | Varies by state board | Varies by board |
| Civil Engineer | $100,320 | Varies by state board | Varies by board |
FAQ
How long does it take to become a Financial Advisor in Maryland?
Most applicants finish the licensing path in about Varies by board, but timing can change based on education track, exam scheduling, and board processing.
What exams are required for Financial Advisors in Maryland?
Maryland lists No exam required as part of the licensure process for Financial Advisors.
What education do you need to become a Financial Advisor in Maryland?
The board typically expects No educational requirements for Financial Advisor licensure in Maryland.
What is the typical Financial Advisor salary in Maryland?
The median annual salary for Financial Advisors in Maryland is $122,510.
How does the Financial Advisor salary in Maryland compare to the national average?
Financial Advisors in Maryland earn 20% above the national median of $102,140, with a state median of $122,510.
How many Financial Advisors work in Maryland?
Maryland employs approximately 5,560 Financial Advisors according to BLS data.
Can I transfer my Financial Advisor license to Maryland from another state?
Transfer requirements vary by board. Reciprocity and transfer rules vary by state board. Verify directly with the agency.
Who is the licensing agency for Financial Advisors in Maryland?
The licensing agency is There is some indication that this license exists in Maryland, but it has not yet been confirmed by state experts. The official board website is currently under manual verification.
How often do you renew a Financial Advisor license in Maryland?
Current guidance indicates a renewal cycle of See board renewal rules.