Business & Finance Sacramento, CA Pop. 524,943

Financial Advisor Salary in Sacramento, California

The median financial advisor salary in Sacramento, CA is $112,560 per year, which is 18.0% above the national median and 14.5% below the California state average.

City Median
$112,560
vs State Avg
$-19,078
vs National
+$17,170
Cost of Living
118%

Financial Advisor Salary in Sacramento by Experience

In Sacramento, an entry-level financial advisor earns around $56,640, while experienced professionals earn up to $212,400 per year. The local cost of living index is 118% of the national average.

Entry Level (0-2 yrs)
$56,640
+$8,640 vs national
Mid Level (3-7 yrs)
$112,100
+$17,100 vs national
Senior Level (8+ yrs)
$212,400
+$32,400 vs national

Salary Percentiles in Sacramento, CA

Percentile Sacramento
10th Percentile $52,392
25th Percentile $73,632
Median (50th) $112,560
75th Percentile $175,820
90th Percentile $282,020

Financial Advisor Salary in Other California Cities

How to Become a Financial Advisor in Sacramento

Education

Most financial advisor positions require a bachelor's degree. Sacramento 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 Sacramento may vary based on local industry and population growth.

Find Financial Advisor Jobs in Sacramento

Browse open financial advisor positions in Sacramento, CA:

Frequently Asked Questions: Financial Advisor Salary in Sacramento

How much does a Financial Advisor make in Sacramento, CA?
The median financial advisor salary in Sacramento, California is $112,560 per year, which is 18.0% above the national median of $95,390. Salaries range from $52,392 (10th percentile) to $282,020 (90th percentile).
How much does a Financial Advisor make per hour in Sacramento?
Based on the median annual salary of $112,560, a financial advisor in Sacramento earns approximately $54 per hour assuming a standard 2,080-hour work year.
How does Sacramento compare to the California state average for financial advisor pay?
Sacramento's median financial advisor salary of $112,560 is 14.5% below the California state average of $131,638. The local cost of living index is 118% of the national average.
What is the cost of living in Sacramento, CA?
Sacramento has a cost of living index of 118% compared to the national average. This means a financial advisor salary of $112,560 in Sacramento has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Sacramento?
Most financial advisor positions in Sacramento 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.