Business & Finance Southaven, MS Pop. 55,026

Financial Advisor Salary in Southaven, Mississippi

The median financial advisor salary in Southaven, MS is $80,128 per year, which is 16% below the national median and 1.2% above the Mississippi state average.

City Median
$80,128
vs State Avg
+$954
vs National
$-15,262
Cost of Living
84%

Financial Advisor Salary in Southaven by Experience

In Southaven, an entry-level financial advisor earns around $40,320, while experienced professionals earn up to $151,200 per year. The local cost of living index is 84% of the national average.

Entry Level (0-2 yrs)
$40,320
$-7,680 vs national
Mid Level (3-7 yrs)
$79,800
$-15,200 vs national
Senior Level (8+ yrs)
$151,200
$-28,800 vs national

Salary Percentiles in Southaven, MS

Percentile Southaven
10th Percentile $37,296
25th Percentile $52,416
Median (50th) $80,128
75th Percentile $125,160
90th Percentile $200,760

Financial Advisor Salary in Other Mississippi Cities

How to Become a Financial Advisor in Southaven

Education

Most financial advisor positions require a bachelor's degree. Southaven and the surrounding Mississippi 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 Southaven may vary based on local industry and population growth.

Find Financial Advisor Jobs in Southaven

Browse open financial advisor positions in Southaven, MS:

Frequently Asked Questions: Financial Advisor Salary in Southaven

How much does a Financial Advisor make in Southaven, MS?
The median financial advisor salary in Southaven, Mississippi is $80,128 per year, which is 16% below the national median of $95,390. Salaries range from $37,296 (10th percentile) to $200,760 (90th percentile).
How much does a Financial Advisor make per hour in Southaven?
Based on the median annual salary of $80,128, a financial advisor in Southaven earns approximately $39 per hour assuming a standard 2,080-hour work year.
How does Southaven compare to the Mississippi state average for financial advisor pay?
Southaven's median financial advisor salary of $80,128 is 1.2% above the Mississippi state average of $79,174. The local cost of living index is 84% of the national average.
What is the cost of living in Southaven, MS?
Southaven has a cost of living index of 84% compared to the national average. This means a financial advisor salary of $80,128 in Southaven has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Southaven?
Most financial advisor positions in Southaven 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.