Business & Finance Birmingham, AL Pop. 197,575

Financial Advisor Salary in Birmingham, Alabama

The median financial advisor salary in Birmingham, AL is $85,851 per year, which is 10% below the national median and 3.4% above the Alabama state average.

City Median
$85,851
vs State Avg
+$2,862
vs National
$-9,539
Cost of Living
90%

Financial Advisor Salary in Birmingham by Experience

In Birmingham, an entry-level financial advisor earns around $43,200, while experienced professionals earn up to $162,000 per year. The local cost of living index is 90% of the national average.

Entry Level (0-2 yrs)
$43,200
$-4,800 vs national
Mid Level (3-7 yrs)
$85,500
$-9,500 vs national
Senior Level (8+ yrs)
$162,000
$-18,000 vs national

Salary Percentiles in Birmingham, AL

Percentile Birmingham
10th Percentile $39,960
25th Percentile $56,160
Median (50th) $85,851
75th Percentile $134,100
90th Percentile $215,100

Financial Advisor Salary in Other Alabama Cities

Huntsville, AL
$87,759
Pop. 216,963
Tuscaloosa, AL
$83,943
Pop. 101,129
Montgomery, AL
$82,035
Pop. 200,603
Mobile, AL
$81,082
Pop. 187,041

How to Become a Financial Advisor in Birmingham

Education

Most financial advisor positions require a bachelor's degree. Birmingham and the surrounding Alabama area have institutions offering relevant programs.

Key Skills

Investment PlanningPortfolio ManagementTax PlanningClient RelationsFinancial AnalysisCFA/CFP

Job Outlook

Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Demand in Birmingham may vary based on local industry and population growth.

Find Financial Advisor Jobs in Birmingham

Browse open financial advisor positions in Birmingham, AL:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Financial Advisor Salary in Birmingham

How much does a Financial Advisor make in Birmingham, AL? ▼
The median financial advisor salary in Birmingham, Alabama is $85,851 per year, which is 10% below the national median of $95,390. Salaries range from $39,960 (10th percentile) to $215,100 (90th percentile).
How much does a Financial Advisor make per hour in Birmingham? ▼
Based on the median annual salary of $85,851, a financial advisor in Birmingham earns approximately $41 per hour assuming a standard 2,080-hour work year.
How does Birmingham compare to the Alabama state average for financial advisor pay? ▼
Birmingham's median financial advisor salary of $85,851 is 3.4% above the Alabama state average of $82,989. The local cost of living index is 90% of the national average.
What is the cost of living in Birmingham, AL? ▼
Birmingham has a cost of living index of 90% compared to the national average. This means a financial advisor salary of $85,851 in Birmingham has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Birmingham? ▼
Most financial advisor positions in Birmingham require a bachelor's degree. Key skills include Investment Planning, Portfolio Management, Tax Planning, Client Relations. The job market is projected to grow 13% nationally over the next decade.