Business & Finance Santa Fe, NM Pop. 87,505

Financial Advisor Salary in Santa Fe, New Mexico

The median financial advisor salary in Santa Fe, NM is $104,929 per year, which is 10.0% above the national median and 18.3% above the New Mexico state average.

City Median
$104,929
vs State Avg
+$16,216
vs National
+$9,539
Cost of Living
110%

Financial Advisor Pay in Santa Fe: What to Expect (2026)

Santa Fe offers a median financial advisor salary of $104,929, which is $16,216 above the New Mexico state average of $88,713. Compared to the national median of $95,390, Santa Fe pays above average for this role.

Santa Fe's cost of living is 110% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.

The salary range for financial advisors in Santa Fe spans from $48,840 at the 10th percentile to $262,900 at the 90th percentile — a $214,060 spread. Entry-level professionals start around $52,800, while senior financial advisors with 8+ years of experience can earn up to $198,000. Santa Fe is a smaller market (pop. 87,505), which may mean fewer openings but also less competition for available positions.

Financial Advisor Salary in Santa Fe by Experience

In Santa Fe, an entry-level financial advisor earns around $52,800, while experienced professionals earn up to $198,000 per year. The local cost of living index is 110% of the national average.

Entry Level (0-2 yrs)
$52,800
+$4,800 vs national
Mid Level (3-7 yrs)
$104,500
+$9,500 vs national
Senior Level (8+ yrs)
$198,000
+$18,000 vs national

Salary Percentiles in Santa Fe, NM

Percentile Santa Fe
10th Percentile $48,840
25th Percentile $68,640
Median (50th) $104,929
75th Percentile $163,900
90th Percentile $262,900

Financial Advisor Salary in Other New Mexico Cities

Albuquerque, NM
$90,621
Pop. 564,559
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 Santa Fe

Education

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

Find Financial Advisor Jobs in Santa Fe

Browse open financial advisor positions in Santa Fe, NM:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Financial Advisor Salary in Santa Fe

How much does a Financial Advisor make in Santa Fe, NM? ▼
The median financial advisor salary in Santa Fe, New Mexico is $104,929 per year, which is 10.0% above the national median of $95,390. Salaries range from $48,840 (10th percentile) to $262,900 (90th percentile).
How much does a Financial Advisor make per hour in Santa Fe? ▼
Based on the median annual salary of $104,929, a financial advisor in Santa Fe earns approximately $50 per hour assuming a standard 2,080-hour work year.
How does Santa Fe compare to the New Mexico state average for financial advisor pay? ▼
Santa Fe's median financial advisor salary of $104,929 is 18.3% above the New Mexico state average of $88,713. The local cost of living index is 110% of the national average.
What is the cost of living in Santa Fe, NM? ▼
Santa Fe has a cost of living index of 110% compared to the national average. This means a financial advisor salary of $104,929 in Santa Fe has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Santa Fe? ▼
Most financial advisor positions in Santa Fe 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.