Business & Finance Owensboro, KY Pop. 60,183

Financial Advisor Salary in Owensboro, Kentucky

The median financial advisor salary in Owensboro, KY is $78,220 per year, which is 18% below the national median and 5.7% below the Kentucky state average.

City Median
$78,220
vs State Avg
$-4,769
vs National
$-17,170
Cost of Living
82%

Financial Advisor Salary in Owensboro by Experience

In Owensboro, an entry-level financial advisor earns around $39,360, while experienced professionals earn up to $147,600 per year. The local cost of living index is 82% of the national average.

Entry Level (0-2 yrs)
$39,360
$-8,640 vs national
Mid Level (3-7 yrs)
$77,900
$-17,100 vs national
Senior Level (8+ yrs)
$147,600
$-32,400 vs national

Salary Percentiles in Owensboro, KY

Percentile Owensboro
10th Percentile $36,408
25th Percentile $51,168
Median (50th) $78,220
75th Percentile $122,180
90th Percentile $195,980

Financial Advisor Salary in Other Kentucky Cities

How to Become a Financial Advisor in Owensboro

Education

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

Find Financial Advisor Jobs in Owensboro

Browse open financial advisor positions in Owensboro, KY:

Frequently Asked Questions: Financial Advisor Salary in Owensboro

How much does a Financial Advisor make in Owensboro, KY?
The median financial advisor salary in Owensboro, Kentucky is $78,220 per year, which is 18% below the national median of $95,390. Salaries range from $36,408 (10th percentile) to $195,980 (90th percentile).
How much does a Financial Advisor make per hour in Owensboro?
Based on the median annual salary of $78,220, a financial advisor in Owensboro earns approximately $38 per hour assuming a standard 2,080-hour work year.
How does Owensboro compare to the Kentucky state average for financial advisor pay?
Owensboro's median financial advisor salary of $78,220 is 5.7% below the Kentucky state average of $82,989. The local cost of living index is 82% of the national average.
What is the cost of living in Owensboro, KY?
Owensboro has a cost of living index of 82% compared to the national average. This means a financial advisor salary of $78,220 in Owensboro has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Owensboro?
Most financial advisor positions in Owensboro 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.