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

Baton Rouge, LA
$87,759
Pop. 227,470
Lafayette, LA
$83,943
Pop. 121,374
Lake Charles, LA
$82,035
Pop. 80,000
Shreveport, LA
$81,082
Pop. 187,593

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.