Business & Finance New Orleans, LA Pop. 383,997

Financial Advisor Salary in New Orleans, Louisiana

The median financial advisor salary in New Orleans, LA is $93,482 per year, which is 2% below the national median and 7.7% above the Louisiana state average.

City Median
$93,482
vs State Avg
+$6,677
vs National
$-1,908
Cost of Living
98%

Financial Advisor Salary in New Orleans by Experience

In New Orleans, an entry-level financial advisor earns around $47,040, while experienced professionals earn up to $176,400 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$47,040
$-960 vs national
Mid Level (3-7 yrs)
$93,100
$-1,900 vs national
Senior Level (8+ yrs)
$176,400
$-3,600 vs national

Salary Percentiles in New Orleans, LA

Percentile New Orleans
10th Percentile $43,512
25th Percentile $61,152
Median (50th) $93,482
75th Percentile $146,020
90th Percentile $234,220

Financial Advisor Salary in Other Louisiana Cities

How to Become a Financial Advisor in New Orleans

Education

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

Find Financial Advisor Jobs in New Orleans

Browse open financial advisor positions in New Orleans, LA:

Frequently Asked Questions: Financial Advisor Salary in New Orleans

How much does a Financial Advisor make in New Orleans, LA?
The median financial advisor salary in New Orleans, Louisiana is $93,482 per year, which is 2% below the national median of $95,390. Salaries range from $43,512 (10th percentile) to $234,220 (90th percentile).
How much does a Financial Advisor make per hour in New Orleans?
Based on the median annual salary of $93,482, a financial advisor in New Orleans earns approximately $45 per hour assuming a standard 2,080-hour work year.
How does New Orleans compare to the Louisiana state average for financial advisor pay?
New Orleans's median financial advisor salary of $93,482 is 7.7% above the Louisiana state average of $86,805. The local cost of living index is 98% of the national average.
What is the cost of living in New Orleans, LA?
New Orleans has a cost of living index of 98% compared to the national average. This means a financial advisor salary of $93,482 in New Orleans has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in New Orleans?
Most financial advisor positions in New Orleans 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.