Business & Finance Las Cruces, NM Pop. 111,385

Financial Advisor Salary in Las Cruces, New Mexico

The median financial advisor salary in Las Cruces, NM is $83,943 per year, which is 12% below the national median and 5.4% below the New Mexico state average.

City Median
$83,943
vs State Avg
$-4,770
vs National
$-11,447
Cost of Living
88%

Financial Advisor Salary in Las Cruces by Experience

In Las Cruces, an entry-level financial advisor earns around $42,240, while experienced professionals earn up to $158,400 per year. The local cost of living index 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

Salary Percentiles in Las Cruces, NM

Percentile Las Cruces
10th Percentile $39,072
25th Percentile $54,912
Median (50th) $83,943
75th Percentile $131,120
90th Percentile $210,320

Financial Advisor Salary in Other New Mexico Cities

How to Become a Financial Advisor in Las Cruces

Education

Most financial advisor positions require a bachelor's degree. Las Cruces 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 Las Cruces may vary based on local industry and population growth.