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.