Business & Finance Los Angeles, CA Pop. 3,898,747

Financial Advisor Salary in Los Angeles, California

The median financial advisor salary in Los Angeles, CA is $139,269 per year, which is 46.0% above the national median and 5.8% above the California state average.

City Median
$139,269
vs State Avg
+$7,631
vs National
+$43,879
Cost of Living
146%

Financial Advisor Salary in Los Angeles by Experience

In Los Angeles, an entry-level financial advisor earns around $70,080, while experienced professionals earn up to $262,800 per year. The local cost of living index is 146% of the national average.

Entry Level (0-2 yrs)
$70,080
+$22,080 vs national
Mid Level (3-7 yrs)
$138,700
+$43,700 vs national
Senior Level (8+ yrs)
$262,800
+$82,800 vs national

Salary Percentiles in Los Angeles, CA

Percentile Los Angeles
10th Percentile $64,824
25th Percentile $91,104
Median (50th) $139,269
75th Percentile $217,540
90th Percentile $348,940

Financial Advisor Salary in Other California Cities

How to Become a Financial Advisor in Los Angeles

Education

Most financial advisor positions require a bachelor's degree. Los Angeles and the surrounding California 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 Los Angeles may vary based on local industry and population growth.

Find Financial Advisor Jobs in Los Angeles

Browse open financial advisor positions in Los Angeles, CA:

Frequently Asked Questions: Financial Advisor Salary in Los Angeles

How much does a Financial Advisor make in Los Angeles, CA?
The median financial advisor salary in Los Angeles, California is $139,269 per year, which is 46.0% above the national median of $95,390. Salaries range from $64,824 (10th percentile) to $348,940 (90th percentile).
How much does a Financial Advisor make per hour in Los Angeles?
Based on the median annual salary of $139,269, a financial advisor in Los Angeles earns approximately $67 per hour assuming a standard 2,080-hour work year.
How does Los Angeles compare to the California state average for financial advisor pay?
Los Angeles's median financial advisor salary of $139,269 is 5.8% above the California state average of $131,638. The local cost of living index is 146% of the national average.
What is the cost of living in Los Angeles, CA?
Los Angeles has a cost of living index of 146% compared to the national average. This means a financial advisor salary of $139,269 in Los Angeles has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Los Angeles?
Most financial advisor positions in Los Angeles 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.