Business & Finance Montgomery, AL Pop. 200,603

Financial Advisor Salary in Montgomery, Alabama

The median financial advisor salary in Montgomery, AL is $82,035 per year, which is 14% below the national median and 1.1% below the Alabama state average.

City Median
$82,035
vs State Avg
$-954
vs National
$-13,355
Cost of Living
86%

Financial Advisor Salary in Montgomery by Experience

In Montgomery, an entry-level financial advisor earns around $41,280, while experienced professionals earn up to $154,800 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$41,280
$-6,720 vs national
Mid Level (3-7 yrs)
$81,700
$-13,300 vs national
Senior Level (8+ yrs)
$154,800
$-25,200 vs national

Salary Percentiles in Montgomery, AL

Percentile Montgomery
10th Percentile $38,184
25th Percentile $53,664
Median (50th) $82,035
75th Percentile $128,140
90th Percentile $205,540

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
Mobile, AL
$81,082
Pop. 187,041

How to Become a Financial Advisor in Montgomery

Education

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

Find Financial Advisor Jobs in Montgomery

Browse open financial advisor positions in Montgomery, AL:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Financial Advisor Salary in Montgomery

How much does a Financial Advisor make in Montgomery, AL? ▼
The median financial advisor salary in Montgomery, Alabama is $82,035 per year, which is 14% below the national median of $95,390. Salaries range from $38,184 (10th percentile) to $205,540 (90th percentile).
How much does a Financial Advisor make per hour in Montgomery? ▼
Based on the median annual salary of $82,035, a financial advisor in Montgomery earns approximately $39 per hour assuming a standard 2,080-hour work year.
How does Montgomery compare to the Alabama state average for financial advisor pay? ▼
Montgomery's median financial advisor salary of $82,035 is 1.1% below the Alabama state average of $82,989. The local cost of living index is 86% of the national average.
What is the cost of living in Montgomery, AL? ▼
Montgomery has a cost of living index of 86% compared to the national average. This means a financial advisor salary of $82,035 in Montgomery has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Montgomery? ▼
Most financial advisor positions in Montgomery 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.