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 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

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

Major Cities for Financial Advisors in California

The largest employment areas for financial advisors in California include Los Angeles, San Francisco, San Diego, and San Jose. Salaries in major metro areas may be higher due to increased demand and cost of living.

Los Angeles, CA
Metro area for financial advisor employment
San Francisco, CA
Metro area for financial advisor employment
San Diego, CA
Metro area for financial advisor employment
San Jose, CA
Metro area for financial advisor employment
Sacramento, CA
Metro area for financial advisor employment

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.