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.

Find Financial Advisor Jobs in Las Cruces

Browse open financial advisor positions in Las Cruces, NM:

Frequently Asked Questions: Financial Advisor Salary in Las Cruces

How much does a Financial Advisor make in Las Cruces, NM?
The median financial advisor salary in Las Cruces, New Mexico is $83,943 per year, which is 12% below the national median of $95,390. Salaries range from $39,072 (10th percentile) to $210,320 (90th percentile).
How much does a Financial Advisor make per hour in Las Cruces?
Based on the median annual salary of $83,943, a financial advisor in Las Cruces earns approximately $40 per hour assuming a standard 2,080-hour work year.
How does Las Cruces compare to the New Mexico state average for financial advisor pay?
Las Cruces's median financial advisor salary of $83,943 is 5.4% below the New Mexico state average of $88,713. The local cost of living index is 88% of the national average.
What is the cost of living in Las Cruces, NM?
Las Cruces has a cost of living index of 88% compared to the national average. This means a financial advisor salary of $83,943 in Las Cruces has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Las Cruces?
Most financial advisor positions in Las Cruces 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.