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

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.