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

New Orleans, LA
$93,482
Pop. 383,997
Baton Rouge, LA
$87,759
Pop. 227,470
Lake Charles, LA
$82,035
Pop. 80,000
Shreveport, LA
$81,082
Pop. 187,593

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.