Business & Finance Lake Charles, LA Pop. 80,000

Financial Advisor Salary in Lake Charles, Louisiana

The median financial advisor salary in Lake Charles, LA is $82,035 per year, which is 14% below the national median and 5.5% below the Louisiana state average.

City Median
$82,035
vs State Avg
$-4,770
vs National
$-13,355
Cost of Living
86%

Financial Advisor Salary in Lake Charles by Experience

In Lake Charles, an entry-level financial advisor earns around $41,280, while experienced professionals earn up to $154,800 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$41,280
$-6,720 vs national
Mid Level (3-7 yrs)
$81,700
$-13,300 vs national
Senior Level (8+ yrs)
$154,800
$-25,200 vs national

Salary Percentiles in Lake Charles, LA

Percentile Lake Charles
10th Percentile $38,184
25th Percentile $53,664
Median (50th) $82,035
75th Percentile $128,140
90th Percentile $205,540

Financial Advisor Salary in Other Louisiana Cities

New Orleans, LA
$93,482
Pop. 383,997
Baton Rouge, LA
$87,759
Pop. 227,470
Lafayette, LA
$83,943
Pop. 121,374
Shreveport, LA
$81,082
Pop. 187,593

How to Become a Financial Advisor in Lake Charles

Education

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

Find Financial Advisor Jobs in Lake Charles

Browse open financial advisor positions in Lake Charles, LA:

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Frequently Asked Questions: Financial Advisor Salary in Lake Charles

How much does a Financial Advisor make in Lake Charles, LA? ▼
The median financial advisor salary in Lake Charles, Louisiana is $82,035 per year, which is 14% below the national median of $95,390. Salaries range from $38,184 (10th percentile) to $205,540 (90th percentile).
How much does a Financial Advisor make per hour in Lake Charles? ▼
Based on the median annual salary of $82,035, a financial advisor in Lake Charles earns approximately $39 per hour assuming a standard 2,080-hour work year.
How does Lake Charles compare to the Louisiana state average for financial advisor pay? ▼
Lake Charles's median financial advisor salary of $82,035 is 5.5% below the Louisiana state average of $86,805. The local cost of living index is 86% of the national average.
What is the cost of living in Lake Charles, LA? ▼
Lake Charles has a cost of living index of 86% compared to the national average. This means a financial advisor salary of $82,035 in Lake Charles has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Lake Charles? ▼
Most financial advisor positions in Lake Charles 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.