Business & Finance Louisiana (LA) Rank #34 of 50

Financial Advisor Salary in Louisiana

The median financial advisor salary in Louisiana is $86,805 per year, which is 9% below the national median of $95,390.

Median Salary
$86,805
vs National
$-8,585
State Rank
#34 of 50
Cost of Living
91%

Financial Advisor Salary Overview in Louisiana (2026)

Louisiana ranks #34 out of 50 states for financial advisor compensation. Financial Advisor salaries in Louisiana are below the national median, though the lower cost of living can offset the difference. At $86,805 per year, financial advisors in Louisiana earn $8,585 less than the national median of $95,390.

A key advantage of working in Louisiana is its below-average cost of living (91% of the national index). This means the $86,805 salary has the purchasing power of roughly $95,390 in an average-cost area.

The salary spread in Louisiana is significant: financial advisors at the 10th percentile earn $40,404, while those at the 90th percentile bring home $217,490 — a $177,086 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Louisiana for this role is New Orleans, where the median reaches $93,482.

Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). This strong growth suggests increasing demand and competitive salaries in Louisiana and beyond.

Financial Advisor Salary in Louisiana by Experience

In Louisiana, an entry-level financial advisor earns around $43,680, while experienced professionals earn up to $163,800 per year. The cost of living index in Louisiana is 91% of the national average.

Entry Level (0-2 yrs)
$43,680
$-4,320 vs national
Mid Level (3-7 yrs)
$86,450
$-8,550 vs national
Senior Level (8+ yrs)
$163,800
$-16,200 vs national

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Salary Percentiles in Louisiana

Percentile LA Salary
10th Percentile $40,404
25th Percentile $56,784
Median (50th) $86,805
75th Percentile $135,590
90th Percentile $217,490

Financial Advisor Salary by City in Louisiana

The largest employment areas for financial advisors in Louisiana include New Orleans, Baton Rouge, Shreveport, and Lafayette. Salaries vary by city based on local cost of living and demand.

How to Become a Financial Advisor in Louisiana

Education

Most financial advisor positions require a bachelor's degree. Louisiana has several accredited institutions offering relevant programs.

Key Skills

Investment PlanningPortfolio ManagementTax PlanningClient RelationsFinancial AnalysisCFA/CFP

Job Outlook in Louisiana

Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Louisiana's demand may vary based on local industry trends.

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Frequently Asked Questions: Financial Advisor Salary in Louisiana

How much does a Financial Advisor make in Louisiana? ▼
The median financial advisor salary in Louisiana is $86,805 per year, which is 9% below the national median of $95,390. Salaries range from $40,404 (10th percentile) to $217,490 (90th percentile).
How much does a Financial Advisor make per hour in Louisiana? ▼
Based on the median annual salary of $86,805, a financial advisor in Louisiana earns approximately $42 per hour assuming a standard 2,080-hour work year.
Is Louisiana a good state for financial advisors? ▼
Louisiana ranks #34 out of 50 states for financial advisor pay. The cost of living index is 91% of the national average. Entry-level financial advisors earn $43,680, while senior professionals earn $163,800.
How does Louisiana compare to other states for financial advisor salary? ▼
The highest paying state for financial advisors is Hawaii at $162,163. Louisiana's median of $86,805 ranks #34 nationally. Nearby-ranked states include Wisconsin ($87,759) and Wyoming ($87,759).
What is the entry-level financial advisor salary in Louisiana? ▼
An entry-level financial advisor in Louisiana earns approximately $43,680 per year. With 3-7 years of experience, pay increases to around $86,450. Senior-level professionals with 8+ years earn up to $163,800.
What city in Louisiana pays financial advisors the most? ▼
New Orleans is the highest paying city in Louisiana for financial advisors, with a median salary of $93,482. Other cities include Baton Rouge and Shreveport.