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 Overview in Missouri (2026)

Missouri ranks #42 out of 50 states for financial advisor compensation. Financial Advisor salaries in Missouri are below the national median, though the lower cost of living can offset the difference. At $83,943 per year, financial advisors in Missouri earn $11,447 less than the national median of $95,390.

A key advantage of working in Missouri is its below-average cost of living (88% of the national index). This means the $83,943 salary has the purchasing power of roughly $95,390 in an average-cost area.

The salary spread in Missouri is significant: financial advisors at the 10th percentile earn $39,072, while those at the 90th percentile bring home $210,320 — a $171,248 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Missouri for this role is Kansas City, where the median reaches $87,759.

Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). This strong growth suggests increasing demand and competitive salaries in Missouri and beyond.

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

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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

Financial Advisor Salary by City in Missouri

The largest employment areas for financial advisors in Missouri include Kansas City, Saint Louis, Springfield, and Columbia. Salaries vary by city based on local cost of living and demand.

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.

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Frequently Asked Questions: Financial Advisor Salary in Missouri

How much does a Financial Advisor make in Missouri? ▼
The median financial advisor salary in Missouri is $83,943 per year, which is 12% below the national median of $95,390. Salaries range from $39,072 (10th percentile) to $210,320 (90th percentile).
How much does a Financial Advisor make per hour in Missouri? ▼
Based on the median annual salary of $83,943, a financial advisor in Missouri earns approximately $40 per hour assuming a standard 2,080-hour work year.
Is Missouri a good state for financial advisors? ▼
Missouri ranks #42 out of 50 states for financial advisor pay. The cost of living index is 88% of the national average. Entry-level financial advisors earn $42,240, while senior professionals earn $158,400.
How does Missouri compare to other states for financial advisor salary? ▼
The highest paying state for financial advisors is Hawaii at $162,163. Missouri's median of $83,943 ranks #42 nationally. Nearby-ranked states include South Carolina ($84,897) and Tennessee ($84,897).
What is the entry-level financial advisor salary in Missouri? ▼
An entry-level financial advisor in Missouri earns approximately $42,240 per year. With 3-7 years of experience, pay increases to around $83,600. Senior-level professionals with 8+ years earn up to $158,400.
What city in Missouri pays financial advisors the most? ▼
Kansas City is the highest paying city in Missouri for financial advisors, with a median salary of $87,759. Other cities include Saint Louis and Springfield.