Business & Finance Missouri (MO) Rank #42 of 50

Financial Advisor Salary in Missouri

The median financial advisor salary in Missouri is $83,943 per year, which is 12% below the national median of $95,390.

Median Salary
$83,943
vs National
$-11,447
State Rank
#42 of 50
Cost of Living
88%

Financial Advisor Salary in Missouri by Experience

In Missouri, an entry-level financial advisor earns around $42,240, while experienced professionals earn up to $158,400 per year. The cost of living index in Missouri is 88% of the national average.

Entry Level (0-2 yrs)
$42,240
$-5,760 vs national
Mid Level (3-7 yrs)
$83,600
$-11,400 vs national
Senior Level (8+ yrs)
$158,400
$-21,600 vs national

Salary Percentiles in Missouri

Percentile MO Salary
10th Percentile $39,072
25th Percentile $54,912
Median (50th) $83,943
75th Percentile $131,120
90th Percentile $210,320

Major Cities for Financial Advisors in Missouri

The largest employment areas for financial advisors in Missouri include Kansas City, Saint Louis, Springfield, and Columbia. Salaries in major metro areas may be higher due to increased demand and cost of living.

Kansas City, MO
Metro area for financial advisor employment
Saint Louis, MO
Metro area for financial advisor employment
Springfield, MO
Metro area for financial advisor employment
Columbia, MO
Metro area for financial advisor employment
Independence, MO
Metro area for financial advisor employment

How to Become a Financial Advisor in Missouri

Education

Most financial advisor positions require a bachelor's degree. Missouri has several accredited institutions offering relevant programs.

Key Skills

Investment PlanningPortfolio ManagementTax PlanningClient RelationsFinancial AnalysisCFA/CFP

Job Outlook in Missouri

Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Missouri's demand may vary based on local industry trends.