Business & Finance Philadelphia, PA Pop. 1,603,797

Financial Advisor Salary in Philadelphia, Pennsylvania

The median financial advisor salary in Philadelphia, PA is $101,113 per year, which is 6.0% above the national median and 6.0% above the Pennsylvania state average.

City Median
$101,113
vs State Avg
+$5,723
vs National
+$5,723
Cost of Living
102%

Financial Advisor Salary in Philadelphia by Experience

In Philadelphia, an entry-level financial advisor earns around $50,880, while experienced professionals earn up to $190,800 per year. The local cost of living index is 102% of the national average.

Entry Level (0-2 yrs)
$50,880
+$2,880 vs national
Mid Level (3-7 yrs)
$100,700
+$5,700 vs national
Senior Level (8+ yrs)
$190,800
+$10,800 vs national

Salary Percentiles in Philadelphia, PA

Percentile Philadelphia
10th Percentile $47,064
25th Percentile $66,144
Median (50th) $101,113
75th Percentile $157,940
90th Percentile $253,340

Financial Advisor Salary in Other Pennsylvania Cities

How to Become a Financial Advisor in Philadelphia

Education

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

Find Financial Advisor Jobs in Philadelphia

Browse open financial advisor positions in Philadelphia, PA:

Frequently Asked Questions: Financial Advisor Salary in Philadelphia

How much does a Financial Advisor make in Philadelphia, PA?
The median financial advisor salary in Philadelphia, Pennsylvania is $101,113 per year, which is 6.0% above the national median of $95,390. Salaries range from $47,064 (10th percentile) to $253,340 (90th percentile).
How much does a Financial Advisor make per hour in Philadelphia?
Based on the median annual salary of $101,113, a financial advisor in Philadelphia earns approximately $49 per hour assuming a standard 2,080-hour work year.
How does Philadelphia compare to the Pennsylvania state average for financial advisor pay?
Philadelphia's median financial advisor salary of $101,113 is 6.0% above the Pennsylvania state average of $95,390. The local cost of living index is 102% of the national average.
What is the cost of living in Philadelphia, PA?
Philadelphia has a cost of living index of 102% compared to the national average. This means a financial advisor salary of $101,113 in Philadelphia has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Philadelphia?
Most financial advisor positions in Philadelphia 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.