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 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

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

Major Cities for Financial Advisors in Louisiana

The largest employment areas for financial advisors in Louisiana include New Orleans, Baton Rouge, Shreveport, and Lafayette. Salaries in major metro areas may be higher due to increased demand and cost of living.

New Orleans, LA
Metro area for financial advisor employment
Baton Rouge, LA
Metro area for financial advisor employment
Shreveport, LA
Metro area for financial advisor employment
Lafayette, LA
Metro area for financial advisor employment
Lake Charles, LA
Metro area for financial advisor employment

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.