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.