Business & Finance Independence, MO Pop. 123,011

Financial Advisor Salary in Independence, Missouri

The median financial advisor salary in Independence, MO is $81,082 per year, which is 15% below the national median and 3.4% below the Missouri state average.

City Median
$81,082
vs State Avg
$-2,861
vs National
$-14,308
Cost of Living
85%

Financial Advisor Salary in Independence by Experience

In Independence, an entry-level financial advisor earns around $40,800, while experienced professionals earn up to $153,000 per year. The local cost of living index is 85% of the national average.

Entry Level (0-2 yrs)
$40,800
$-7,200 vs national
Mid Level (3-7 yrs)
$80,750
$-14,250 vs national
Senior Level (8+ yrs)
$153,000
$-27,000 vs national

Salary Percentiles in Independence, MO

Percentile Independence
10th Percentile $37,740
25th Percentile $53,040
Median (50th) $81,082
75th Percentile $126,650
90th Percentile $203,150

Financial Advisor Salary in Other Missouri Cities

How to Become a Financial Advisor in Independence

Education

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

Find Financial Advisor Jobs in Independence

Browse open financial advisor positions in Independence, MO:

Frequently Asked Questions: Financial Advisor Salary in Independence

How much does a Financial Advisor make in Independence, MO?
The median financial advisor salary in Independence, Missouri is $81,082 per year, which is 15% below the national median of $95,390. Salaries range from $37,740 (10th percentile) to $203,150 (90th percentile).
How much does a Financial Advisor make per hour in Independence?
Based on the median annual salary of $81,082, a financial advisor in Independence earns approximately $39 per hour assuming a standard 2,080-hour work year.
How does Independence compare to the Missouri state average for financial advisor pay?
Independence's median financial advisor salary of $81,082 is 3.4% below the Missouri state average of $83,943. The local cost of living index is 85% of the national average.
What is the cost of living in Independence, MO?
Independence has a cost of living index of 85% compared to the national average. This means a financial advisor salary of $81,082 in Independence has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Independence?
Most financial advisor positions in Independence 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.