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 12, 2026
Exam Requirement
No exam requiredRenewal Cycle
See board renewal rulesLicensing Blueprint for Financial Advisor in Maryland
Estimated timeline: 6-24 monthsCore Requirements
- License Type: Stand-alone license
- Education: No educational requirements
- Examination: No exam required
- Application Fee: See agency
- Experience: No experience required
- Continuing Education: No continuing education requirement to maintain license
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 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 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 6-24 months.
Median 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 | 6-24 months |
| Pennsylvania | $103,290 | Degree required | State exam required | 6-24 months |
| Delaware | $128,170 | No educational requirements | No exam required | 6-24 months |
| West Virginia | $77,790 | Specific course required | State exam required | 6-24 months |
| Virginia | $99,990 | Specific course required | 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 |
|---|---|---|---|
| Maryland | 60 | Medium | State-specific exam conditions may apply. Documented experience may be required. |
| Pennsylvania | 54 | Low | State-specific exam conditions may apply. Documented experience may be required. |
| Delaware | 60 | Medium | State-specific exam conditions may apply. Documented experience may be required. |
| West Virginia | 56 | Medium | State-specific exam conditions may apply. Documented experience may be required. |
| Virginia | 60 | Medium | 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
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
Agency website was unavailable in source data, using official search fallback.
Related Careers in Maryland
| Profession | Median Salary | Education | Timeline |
|---|---|---|---|
| Architect | $99,210 | Varies by state board | 6-24 months |
| Certified Public Accountant | $84,890 | Varies by state board | 6-24 months |
| Civil Engineer | $100,320 | Varies by state board | 6-24 months |
| Funeral Director | $46,080 | Varies by state board | 6-24 months |
FAQ
How long does it take to become a Financial Advisor in Maryland?
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 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. 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 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.