Business & Finance Lexington, KY Pop. 322,570

Financial Advisor Salary in Lexington, Kentucky

The median financial advisor salary in Lexington, KY is $88,713 per year, which is 7% below the national median and 6.9% above the Kentucky state average.

City Median
$88,713
vs State Avg
+$5,724
vs National
$-6,677
Cost of Living
93%

Financial Advisor Salary in Lexington by Experience

In Lexington, an entry-level financial advisor earns around $44,640, while experienced professionals earn up to $167,400 per year. The local cost of living index is 93% of the national average.

Entry Level (0-2 yrs)
$44,640
$-3,360 vs national
Mid Level (3-7 yrs)
$88,350
$-6,650 vs national
Senior Level (8+ yrs)
$167,400
$-12,600 vs national

Salary Percentiles in Lexington, KY

Percentile Lexington
10th Percentile $41,292
25th Percentile $58,032
Median (50th) $88,713
75th Percentile $138,570
90th Percentile $222,270

Financial Advisor Salary in Other Kentucky Cities

Louisville, KY
$87,759
Pop. 633,045
Covington, KY
$83,943
Pop. 40,961
Bowling Green, KY
$80,128
Pop. 74,735
Owensboro, KY
$78,220
Pop. 60,183

How to Become a Financial Advisor in Lexington

Education

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

Find Financial Advisor Jobs in Lexington

Browse open financial advisor positions in Lexington, KY:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Financial Advisor Salary in Lexington

How much does a Financial Advisor make in Lexington, KY? ▼
The median financial advisor salary in Lexington, Kentucky is $88,713 per year, which is 7% below the national median of $95,390. Salaries range from $41,292 (10th percentile) to $222,270 (90th percentile).
How much does a Financial Advisor make per hour in Lexington? ▼
Based on the median annual salary of $88,713, a financial advisor in Lexington earns approximately $43 per hour assuming a standard 2,080-hour work year.
How does Lexington compare to the Kentucky state average for financial advisor pay? ▼
Lexington's median financial advisor salary of $88,713 is 6.9% above the Kentucky state average of $82,989. The local cost of living index is 93% of the national average.
What is the cost of living in Lexington, KY? ▼
Lexington has a cost of living index of 93% compared to the national average. This means a financial advisor salary of $88,713 in Lexington has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Lexington? ▼
Most financial advisor positions in Lexington 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.