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.