Financial Advisor Salary in Alabama
The median financial advisor salary in Alabama is $82,989 per year, which is 13% below the national median of $95,390.
Financial Advisor Salary in Alabama by Experience
In Alabama, an entry-level financial advisor earns around $41,760, while experienced professionals earn up to $156,600 per year. The cost of living index in Alabama is 87% of the national average.
Salary Percentiles in Alabama
| Percentile | AL Salary |
|---|---|
| 10th Percentile | $38,628 |
| 25th Percentile | $54,288 |
| Median (50th) | $82,989 |
| 75th Percentile | $129,630 |
| 90th Percentile | $207,930 |
Financial Advisor Salary by City in Alabama
The largest employment areas for financial advisors in Alabama include Birmingham, Huntsville, Montgomery, and Mobile. Salaries vary by city based on local cost of living and demand.
How to Become a Financial Advisor in Alabama
Education
Most financial advisor positions require a bachelor's degree. Alabama has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Alabama
Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Alabama's demand may vary based on local industry trends.