Business & Finance Albuquerque, NM Pop. 564,559

Financial Advisor Salary in Albuquerque, New Mexico

The median financial advisor salary in Albuquerque, NM is $90,621 per year, which is 5% below the national median and 2.2% above the New Mexico state average.

City Median
$90,621
vs State Avg
+$1,908
vs National
$-4,769
Cost of Living
95%

Financial Advisor Salary in Albuquerque by Experience

In Albuquerque, an entry-level financial advisor earns around $45,600, while experienced professionals earn up to $171,000 per year. The local cost of living index is 95% of the national average.

Entry Level (0-2 yrs)
$45,600
$-2,400 vs national
Mid Level (3-7 yrs)
$90,250
$-4,750 vs national
Senior Level (8+ yrs)
$171,000
$-9,000 vs national

Salary Percentiles in Albuquerque, NM

Percentile Albuquerque
10th Percentile $42,180
25th Percentile $59,280
Median (50th) $90,621
75th Percentile $141,550
90th Percentile $227,050

Financial Advisor Salary in Other New Mexico Cities

How to Become a Financial Advisor in Albuquerque

Education

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