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

Santa Fe, NM
$104,929
Pop. 87,505
Rio Rancho, NM
$87,759
Pop. 104,046
Las Cruces, NM
$83,943
Pop. 111,385
Roswell, NM
$78,220
Pop. 48,422

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.

Find Financial Advisor Jobs in Albuquerque

Browse open financial advisor positions in Albuquerque, NM:

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Frequently Asked Questions: Financial Advisor Salary in Albuquerque

How much does a Financial Advisor make in Albuquerque, NM? ▼
The median financial advisor salary in Albuquerque, New Mexico is $90,621 per year, which is 5% below the national median of $95,390. Salaries range from $42,180 (10th percentile) to $227,050 (90th percentile).
How much does a Financial Advisor make per hour in Albuquerque? ▼
Based on the median annual salary of $90,621, a financial advisor in Albuquerque earns approximately $44 per hour assuming a standard 2,080-hour work year.
How does Albuquerque compare to the New Mexico state average for financial advisor pay? ▼
Albuquerque's median financial advisor salary of $90,621 is 2.2% above the New Mexico state average of $88,713. The local cost of living index is 95% of the national average.
What is the cost of living in Albuquerque, NM? ▼
Albuquerque has a cost of living index of 95% compared to the national average. This means a financial advisor salary of $90,621 in Albuquerque has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Albuquerque? ▼
Most financial advisor positions in Albuquerque 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.