Financial Advisor Salary in Covington, Kentucky
The median financial advisor salary in Covington, KY is $83,943 per year, which is 12% below the national median and 1.1% above the Kentucky state average.
Financial Advisor Salary in Covington by Experience
In Covington, an entry-level financial advisor earns around $42,240, while experienced professionals earn up to $158,400 per year. The local cost of living index is 88% of the national average.
Salary Percentiles in Covington, KY
| Percentile | Covington |
|---|---|
| 10th Percentile | $39,072 |
| 25th Percentile | $54,912 |
| Median (50th) | $83,943 |
| 75th Percentile | $131,120 |
| 90th Percentile | $210,320 |
Financial Advisor Salary in Other Kentucky Cities
How to Become a Financial Advisor in Covington
Education
Most financial advisor positions require a bachelor's degree. Covington and the surrounding Kentucky 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 Covington may vary based on local industry and population growth.