Business & Finance California (CA) Rank #3 of 50

Financial Advisor Salary in California

The median financial advisor salary in California is $131,638 per year, which is 38.0% above the national median of $95,390.

Median Salary
$131,638
vs National
+$36,248
State Rank
#3 of 50
Cost of Living
138%

Financial Advisor Salary Overview in California (2026)

California ranks #3 out of 50 states for financial advisor compensation. This places California in the top tier nationally, making it one of the best states for financial advisors seeking high pay. At $131,638 per year, financial advisors in California earn $36,248 more than the national median of $95,390.

It's worth noting that California's cost of living is 138% of the national average, which reduces the real purchasing power of the $131,638 salary. After adjusting for cost of living, the effective salary is closer to $95,390.

The salary spread in California is significant: financial advisors at the 10th percentile earn $61,272, while those at the 90th percentile bring home $329,820 — a $268,548 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in California for this role is San Francisco, where the median reaches $173,610.

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 California and beyond.

Financial Advisor Salary in California by Experience

In California, an entry-level financial advisor earns around $66,240, while experienced professionals earn up to $248,400 per year. The cost of living index in California is 138% of the national average.

Entry Level (0-2 yrs)
$66,240
+$18,240 vs national
Mid Level (3-7 yrs)
$131,100
+$36,100 vs national
Senior Level (8+ yrs)
$248,400
+$68,400 vs national

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Salary Percentiles in California

Percentile CA Salary
10th Percentile $61,272
25th Percentile $86,112
Median (50th) $131,638
75th Percentile $205,620
90th Percentile $329,820

Financial Advisor Salary by City in California

The largest employment areas for financial advisors in California include Los Angeles, San Francisco, San Diego, and San Jose. Salaries vary by city based on local cost of living and demand.

How to Become a Financial Advisor in California

Education

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

Key Skills

Investment PlanningPortfolio ManagementTax PlanningClient RelationsFinancial AnalysisCFA/CFP

Job Outlook in California

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

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Frequently Asked Questions: Financial Advisor Salary in California

How much does a Financial Advisor make in California? ▼
The median financial advisor salary in California is $131,638 per year, which is 38.0% above the national median of $95,390. Salaries range from $61,272 (10th percentile) to $329,820 (90th percentile).
How much does a Financial Advisor make per hour in California? ▼
Based on the median annual salary of $131,638, a financial advisor in California earns approximately $63 per hour assuming a standard 2,080-hour work year.
Is California a good state for financial advisors? ▼
California ranks #3 out of 50 states for financial advisor pay. The cost of living index is 138% of the national average. Entry-level financial advisors earn $66,240, while senior professionals earn $248,400.
How does California compare to other states for financial advisor salary? ▼
The highest paying state for financial advisors is Hawaii at $162,163. California's median of $131,638 ranks #3 nationally. Nearby-ranked states include Hawaii ($162,163) and Massachusetts ($135,454).
What is the entry-level financial advisor salary in California? ▼
An entry-level financial advisor in California earns approximately $66,240 per year. With 3-7 years of experience, pay increases to around $131,100. Senior-level professionals with 8+ years earn up to $248,400.
What city in California pays financial advisors the most? ▼
San Francisco is the highest paying city in California for financial advisors, with a median salary of $173,610. Other cities include Los Angeles and San Diego.