Business & Finance Mobile, AL Pop. 187,041

Financial Advisor Salary in Mobile, Alabama

The median financial advisor salary in Mobile, AL is $81,082 per year, which is 15% below the national median and 2.3% below the Alabama state average.

City Median
$81,082
vs State Avg
$-1,907
vs National
$-14,308
Cost of Living
85%

Financial Advisor Salary in Mobile by Experience

In Mobile, an entry-level financial advisor earns around $40,800, while experienced professionals earn up to $153,000 per year. The local cost of living index is 85% of the national average.

Entry Level (0-2 yrs)
$40,800
$-7,200 vs national
Mid Level (3-7 yrs)
$80,750
$-14,250 vs national
Senior Level (8+ yrs)
$153,000
$-27,000 vs national

Salary Percentiles in Mobile, AL

Percentile Mobile
10th Percentile $37,740
25th Percentile $53,040
Median (50th) $81,082
75th Percentile $126,650
90th Percentile $203,150

Financial Advisor Salary in Other Alabama Cities

Huntsville, AL
$87,759
Pop. 216,963
Birmingham, AL
$85,851
Pop. 197,575
Tuscaloosa, AL
$83,943
Pop. 101,129
Montgomery, AL
$82,035
Pop. 200,603

How to Become a Financial Advisor in Mobile

Education

Most financial advisor positions require a bachelor's degree. Mobile 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 Mobile may vary based on local industry and population growth.