Business & Finance Lafayette, LA Pop. 121,374

Financial Advisor Salary in Lafayette, Louisiana

The median financial advisor salary in Lafayette, LA is $83,943 per year, which is 12% below the national median and 3.3% below the Louisiana state average.

City Median
$83,943
vs State Avg
$-2,862
vs National
$-11,447
Cost of Living
88%

Financial Advisor Salary in Lafayette by Experience

In Lafayette, 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.

Entry Level (0-2 yrs)
$42,240
$-5,760 vs national
Mid Level (3-7 yrs)
$83,600
$-11,400 vs national
Senior Level (8+ yrs)
$158,400
$-21,600 vs national

Salary Percentiles in Lafayette, LA

Percentile Lafayette
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 Louisiana Cities

How to Become a Financial Advisor in Lafayette

Education

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

Find Financial Advisor Jobs in Lafayette

Browse open financial advisor positions in Lafayette, LA:

Frequently Asked Questions: Financial Advisor Salary in Lafayette

How much does a Financial Advisor make in Lafayette, LA?
The median financial advisor salary in Lafayette, Louisiana is $83,943 per year, which is 12% below the national median of $95,390. Salaries range from $39,072 (10th percentile) to $210,320 (90th percentile).
How much does a Financial Advisor make per hour in Lafayette?
Based on the median annual salary of $83,943, a financial advisor in Lafayette earns approximately $40 per hour assuming a standard 2,080-hour work year.
How does Lafayette compare to the Louisiana state average for financial advisor pay?
Lafayette's median financial advisor salary of $83,943 is 3.3% below the Louisiana state average of $86,805. The local cost of living index is 88% of the national average.
What is the cost of living in Lafayette, LA?
Lafayette has a cost of living index of 88% compared to the national average. This means a financial advisor salary of $83,943 in Lafayette has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Lafayette?
Most financial advisor positions in Lafayette 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.