Business & Finance

Financial Advisor Salary

Financial advisors help individuals and organizations manage their finances by providing investment advice, retirement planning, and strategies for wealth accumulation.

Median Salary
$95,390
Mean Salary
$119,960
Total Employed
330,400
Job Growth
+13%

Financial Advisor Salary by Experience Level

Entry-level financial advisors earn around $48,000 per year, while mid-career professionals earn $95,000. Senior-level financial advisors can earn $180,000 or more.

Entry Level (0-2 yrs)
$48,000
Mid Level (3-7 yrs)
$95,000
Senior Level (8+ yrs)
$180,000

Build Wealth on Your Income

With a $95,390 income, financial advisors recommend investing 15–20% annually. Start building a diversified portfolio with as little as $10.

See Investment Options →

Salary Percentile Breakdown

The salary range for financial advisors varies significantly. The bottom 10% earn $44,400, while the top 10% earn $239,000.

Percentile Annual Salary
10th Percentile $44,400
25th Percentile $62,400
50th Percentile (Median) $95,390
75th Percentile $149,000
90th Percentile $239,000

Financial Advisor Salary by State

Financial Advisor salaries vary significantly by state due to cost of living, demand, and industry concentration. The highest paying state is Hawaii at $162,163, while Mississippi offers the lowest at $79,174.

State Median
#1 Hawaii $162,163 Details →
#2 Massachusetts $135,454 Details →
#3 California $131,638 Details →
#4 New York $127,823 Details →
#5 Alaska $118,284 Details →
#6 New Jersey $117,330 Details →
#7 Connecticut $114,468 Details →
#8 Maryland $109,699 Details →
#9 Washington $109,698 Details →
#10 Oregon $104,929 Details →
#11 Virginia $103,975 Details →
#12 New Hampshire $102,067 Details →
#13 Rhode Island $102,067 Details →
#14 Delaware $101,113 Details →
#15 Colorado $100,160 Details →
#16 Illinois $96,344 Details →
#17 Vermont $96,344 Details →
#18 Pennsylvania $95,390 Details →
#19 Minnesota $94,436 Details →
#20 Florida $93,482 Details →
#21 Maine $93,482 Details →
#22 Arizona $92,528 Details →
#23 Nevada $92,528 Details →
#24 Utah $92,528 Details →
#25 Georgia $90,621 Details →
#26 Montana $90,621 Details →
#27 North Carolina $90,621 Details →
#28 Idaho $89,667 Details →
#29 New Mexico $88,713 Details →
#30 Nebraska $87,759 Details →
#31 Texas $87,759 Details →
#32 Wisconsin $87,759 Details →
#33 Wyoming $87,759 Details →
#34 Louisiana $86,805 Details →
#35 Indiana $85,851 Details →
#36 Michigan $85,851 Details →
#37 North Dakota $85,851 Details →
#38 Ohio $85,851 Details →
#39 Iowa $84,897 Details →
#40 South Carolina $84,897 Details →
#41 Tennessee $84,897 Details →
#42 Missouri $83,943 Details →
#43 South Dakota $83,943 Details →
#44 Alabama $82,989 Details →
#45 Kansas $82,989 Details →
#46 Kentucky $82,989 Details →
#47 Oklahoma $82,035 Details →
#48 Arkansas $80,128 Details →
#49 West Virginia $80,128 Details →
#50 Mississippi $79,174 Details →

Negotiate Your Way to Senior Pay

Data shows Financial Advisors who negotiate earn 7–15% more. A single negotiation could add $84,610 over your career trajectory.

Get Negotiation Scripts — $197 →

Key Responsibilities

  • ● Assess clients' financial situations and goals
  • ● Develop comprehensive financial and investment plans
  • ● Recommend investment products and portfolio strategies
  • ● Monitor and rebalance client investment portfolios
  • ● Advise on retirement, estate, and tax planning

Top Skills

Investment Planning Portfolio Management Tax Planning Client Relations Financial Analysis CFA/CFP

Education Required

Bachelor's degree

Job Outlook

Much faster than average — projected 13% growth over the next decade

Open to New Financial Advisor Opportunities?

Get matched with recruiters hiring financial advisors at competitive salaries. We'll connect you with opportunities — no spam, no job boards.

Free — no obligations

Or browse open positions directly:

Frequently Asked Questions About Financial Advisor Salaries

How much does a Financial Advisor make per year? ▼
The median financial advisor salary in the United States is $95,390 per year. Entry-level positions start around $48,000, while senior-level professionals earn up to $180,000 annually. The mean (average) salary is $119,960.
How much does a Financial Advisor make per hour? ▼
Based on the national median salary of $95,390 per year, a financial advisor earns approximately $46 per hour assuming a standard 2,080-hour work year. Hourly rates vary by experience, location, and employer.
What is the highest paying state for financial advisors? ▼
Hawaii is the highest paying state for financial advisors, with a median salary of $162,163. Other top-paying states include Massachusetts ($135,454) and California ($131,638).
What education do you need to become a financial advisor? ▼
Most financial advisor positions require a bachelor's degree. Key skills include Investment Planning, Portfolio Management, Tax Planning, Client Relations. Relevant certifications and hands-on experience can also strengthen your qualifications.
What is the job outlook for financial advisors? ▼
Employment for financial advisors is projected to grow 13% over the next decade, which is much faster than average. There are currently 330,400 financial advisors employed in the United States.
How much does an entry-level financial advisor make? ▼
An entry-level financial advisor with 0-2 years of experience earns around $48,000 per year. With 3-7 years of experience, pay increases to approximately $95,000. The bottom 10% of earners make $44,400, while the top 10% earn $239,000.