Business & Finance Davenport, IA Pop. 101,724

Financial Advisor Salary in Davenport, Iowa

The median financial advisor salary in Davenport, IA is $82,035 per year, which is 14% below the national median and 3.4% below the Iowa state average.

City Median
$82,035
vs State Avg
$-2,862
vs National
$-13,355
Cost of Living
86%

Financial Advisor Salary in Davenport by Experience

In Davenport, an entry-level financial advisor earns around $41,280, while experienced professionals earn up to $154,800 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$41,280
$-6,720 vs national
Mid Level (3-7 yrs)
$81,700
$-13,300 vs national
Senior Level (8+ yrs)
$154,800
$-25,200 vs national

Salary Percentiles in Davenport, IA

Percentile Davenport
10th Percentile $38,184
25th Percentile $53,664
Median (50th) $82,035
75th Percentile $128,140
90th Percentile $205,540

Financial Advisor Salary in Other Iowa Cities

Iowa City, IA
$90,621
Pop. 74,828
Des Moines, IA
$87,759
Pop. 214,133
Cedar Rapids, IA
$83,943
Pop. 137,710
Sioux City, IA
$80,128
Pop. 85,797

How to Become a Financial Advisor in Davenport

Education

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

Find Financial Advisor Jobs in Davenport

Browse open financial advisor positions in Davenport, IA:

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Frequently Asked Questions: Financial Advisor Salary in Davenport

How much does a Financial Advisor make in Davenport, IA? ▼
The median financial advisor salary in Davenport, Iowa is $82,035 per year, which is 14% below the national median of $95,390. Salaries range from $38,184 (10th percentile) to $205,540 (90th percentile).
How much does a Financial Advisor make per hour in Davenport? ▼
Based on the median annual salary of $82,035, a financial advisor in Davenport earns approximately $39 per hour assuming a standard 2,080-hour work year.
How does Davenport compare to the Iowa state average for financial advisor pay? ▼
Davenport's median financial advisor salary of $82,035 is 3.4% below the Iowa state average of $84,897. The local cost of living index is 86% of the national average.
What is the cost of living in Davenport, IA? ▼
Davenport has a cost of living index of 86% compared to the national average. This means a financial advisor salary of $82,035 in Davenport has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Davenport? ▼
Most financial advisor positions in Davenport 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.