Financial Advisor Salary in Miami, Florida
The median financial advisor salary in Miami, FL is $112,560 per year, which is 18.0% above the national median and 20.4% above the Florida state average.
Financial Advisor Pay in Miami: What to Expect (2026)
Miami offers a median financial advisor salary of $112,560, which is $19,078 above the Florida state average of $93,482. Compared to the national median of $95,390, Miami pays above average for this role.
However, Miami's cost of living index is 118%, significantly above the national average. After adjusting for local costs, the $112,560 salary has an effective purchasing power of approximately $95,390. Housing, transportation, and food costs in Miami should be factored into any relocation or job-change decision.
The salary range for financial advisors in Miami spans from $52,392 at the 10th percentile to $282,020 at the 90th percentile — a $229,628 spread. Entry-level professionals start around $56,640, while senior financial advisors with 8+ years of experience can earn up to $212,400. With a population of 442,241, Miami is a mid-sized metro with a growing job market.
Financial Advisor Salary in Miami by Experience
In Miami, 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.
Salary Percentiles in Miami, FL
| Percentile | Miami |
|---|---|
| 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 Florida Cities
How to Become a Financial Advisor in Miami
Education
Most financial advisor positions require a bachelor's degree. Miami and the surrounding Florida area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Demand in Miami may vary based on local industry and population growth.
Find Financial Advisor Jobs in Miami
Browse open financial advisor positions in Miami, FL: