Business & Finance Alaska (AK) Rank #5 of 50

Financial Advisor Salary in Alaska

The median financial advisor salary in Alaska is $118,284 per year, which is 24.0% above the national median of $95,390.

Median Salary
$118,284
vs National
+$22,894
State Rank
#5 of 50
Cost of Living
124%

Financial Advisor Salary Overview in Alaska (2026)

Alaska ranks #5 out of 50 states for financial advisor compensation. This places Alaska in the top tier nationally, making it one of the best states for financial advisors seeking high pay. At $118,284 per year, financial advisors in Alaska earn $22,894 more than the national median of $95,390.

It's worth noting that Alaska's cost of living is 124% of the national average, which reduces the real purchasing power of the $118,284 salary. After adjusting for cost of living, the effective salary is closer to $95,390.

The salary spread in Alaska is significant: financial advisors at the 10th percentile earn $55,056, while those at the 90th percentile bring home $296,360 — a $241,304 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Alaska for this role is Juneau, where the median reaches $128,777.

Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). This strong growth suggests increasing demand and competitive salaries in Alaska and beyond.

Financial Advisor Salary in Alaska by Experience

In Alaska, an entry-level financial advisor earns around $59,520, while experienced professionals earn up to $223,200 per year. The cost of living index in Alaska is 124% of the national average.

Entry Level (0-2 yrs)
$59,520
+$11,520 vs national
Mid Level (3-7 yrs)
$117,800
+$22,800 vs national
Senior Level (8+ yrs)
$223,200
+$43,200 vs national

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Salary Percentiles in Alaska

Percentile AK Salary
10th Percentile $55,056
25th Percentile $77,376
Median (50th) $118,284
75th Percentile $184,760
90th Percentile $296,360

Financial Advisor Salary by City in Alaska

The largest employment areas for financial advisors in Alaska include Anchorage, Fairbanks, Juneau, and Sitka. Salaries vary by city based on local cost of living and demand.

How to Become a Financial Advisor in Alaska

Education

Most financial advisor positions require a bachelor's degree. Alaska has several accredited institutions offering relevant programs.

Key Skills

Investment PlanningPortfolio ManagementTax PlanningClient RelationsFinancial AnalysisCFA/CFP

Job Outlook in Alaska

Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Alaska's demand may vary based on local industry trends.

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Frequently Asked Questions: Financial Advisor Salary in Alaska

How much does a Financial Advisor make in Alaska? ▼
The median financial advisor salary in Alaska is $118,284 per year, which is 24.0% above the national median of $95,390. Salaries range from $55,056 (10th percentile) to $296,360 (90th percentile).
How much does a Financial Advisor make per hour in Alaska? ▼
Based on the median annual salary of $118,284, a financial advisor in Alaska earns approximately $57 per hour assuming a standard 2,080-hour work year.
Is Alaska a good state for financial advisors? ▼
Alaska ranks #5 out of 50 states for financial advisor pay. The cost of living index is 124% of the national average. Entry-level financial advisors earn $59,520, while senior professionals earn $223,200.
How does Alaska compare to other states for financial advisor salary? ▼
The highest paying state for financial advisors is Hawaii at $162,163. Alaska's median of $118,284 ranks #5 nationally. Nearby-ranked states include California ($131,638) and New York ($127,823).
What is the entry-level financial advisor salary in Alaska? ▼
An entry-level financial advisor in Alaska earns approximately $59,520 per year. With 3-7 years of experience, pay increases to around $117,800. Senior-level professionals with 8+ years earn up to $223,200.
What city in Alaska pays financial advisors the most? ▼
Juneau is the highest paying city in Alaska for financial advisors, with a median salary of $128,777. Other cities include Anchorage and Fairbanks.